/biz/ - Business & Finance

This anon gets it. He understands my feels. Help. HELP! HELP ME.

I’ve got $2,000 liquid cash to diversify into shitcoins. Tell me how to do it, what coins and what quantities. If I make it, I will give you a 10% commission. Pls ;____;~

>>18887414
1) forget the shortcut route, it will lead nowhere. Your HYN is probably a scam like HEX is a Ponzi scheme.

2) there are times when everything moves up. That's easy mode but currently, it only lasts 2-4 weeks tops. You have to sell right when things start to feel comfy and everyone is starting to brag

3) 2013 was Bitcoin and he future of money. 2017 was ETH and ICOs. 2020/2021 will be DeFi, but it won't be one super-bullrun like 2017, people are still cautious. It will be smaller alt-seasons like spring 2019 or early 2020.

4) 4chan can be a great source, but learn to distinguish between shilling for trash like PNK, UND, HEX, AKRO "it will moon because low market cap and something something (enterprise ethereum alliance, oracles...) and fundamental nuggets that come with a lot of perspective like LINK, QNT, RSR (hasn't mooned yet), XDB (to an extend), LIT (to an extend), VIDT (to an extend). Also, the cryptomoonshots sub-reddit is good.

5) we are not getting fucking rich overnight, we buy shitcoins only to see them tank against BTC, biting our fists and waiting it out. We fall for scams, we see promising projects go nowhere (NKN) or implode (CHX, lost a couple of thousands there). We have iron fists in the case of QNT or LINK, though.

6) "I only want to get rich". Yeah, buddy, everyone wants that. Either you up your game by following good traders on Twitter or by following good fundamental analysts for shitcoins. But it is work. For everyone who got rich overnight, there are 10 who failed and lost big sums.

Take a chillpill OP.
Seem way too rushed to be in the right state of mind for good decisions.
Youd probably run into the first scam someone mentions.

add me on discord

Potato is tomato#6128 ill teach u

>>18887871
>>18887661
>>18887414
1. Don't reply to yourself, us haxors at 4chins can see right through (you)

2. Lurk moar

That's it. Just read through threads for at least an hour a day and you'll be pretty much up to speed on most things.

>>18887915
Thank you, this is sage wisdom. I appreciate it sincerely.
>>18887920
I probably would, you’re right
>>18887933
I was just trying to bump the thread. I’ll keep lurking. I remember seeing Holo and Theta being shilled but I thought they were just PnD scams. But now I look on CMC and they’re still going up up up. I will continue to lurk moar. I left biz several months ago but I am back for real this time, I’m in it to win it this go-around

>>18887915
sirs please do not insults the klerus

>>18887414
just buy PNK and hold it you dumb asshole

>>18888037
PnD aren't scams. You yourself are supposed to pump then you yourself are supposed to dump before the whales dump. PnD is how people double their money and so on. I'm a newfag too but I'm learning fast and you will too. To this day I haven't invested a cent. It's really not a great option if you sincerely want to get rich. You need to read think and grow rich m8. Also remember that the best way to make money is by offering others VALUE. You reap what you sow anon, if you're not reaping any crop you planted some shit tier seeds or didn't nourish them properly.

are there any chats like the old Wolf of Whatever it was Telegram? I will pay to get into one.

>>18887922
>tomato#6128
Discord couldn’t locate you, sure that’s right?

>>18888119
Don't do this.

>>18888142
That’s kinda what I was getting at, that at this point of desperation, I’m down to get into a shitty PnD scam token so long as I’m able to dump my load before the whales dump on me. It seems to be the fastest way to 10, 20x.

no more get rich quick in crypto desu. 2017 was only chance retail/ anybody could make life changing money. Now its literally impossible without margin trading.

I've been out of the game for a while so I need some basics advice/help. What exchange should I sign up for as a New Yorker living in the (obviously) US to trade these shitcoins? All I have right now is a Gemini account.

Next is, what are the hottest tokens you guys are looking at right now that are about to bust their loads?

Finally, with the above, how should I diversify $2,000 amongst these coins and on what exchange? (I can use a VPN).

>>18888155
Added you
>>18888342
Not necessarily. I understand what you mean, wrt ICOs, but look at my OP pic related. Niggas is making mad bread left and right.

>>18888342
I don't need to get *rich* but if I can turn my $2k into $10k or higher I'd be a happy comfy froge.

>>18888188
Who knows dude, try it out with a really low amount I guess. Like I said I haven't even placed a trade yet just watching what's happening.

i was that theta shill.
made a fortune of your asses

>>18888723
I don't know what any of the relevant shitcoins are these days though anymore. That's what I'm asking for advice on.

>>18888037

I've been all in on LINK since ICO. I started with peanuts back in early 2017.

I made most of my gains of MOON (went x 10, sold for x8) and SIGT (went x 14, sold for x 10). I was a shitcoin cowboy. On every single other trade it was pretty much a loss/ breakeven/ tiny profit. Lots and lots of small losses, with in frequent but massive profits.

LINK changed the game, mainly after over 2 years of autistic discussion. I hold just under 75k LINK now, which is around 225k USD. I have 32 ETH, 1.2 linkpool, and small amounts in UBT (around 15k).

You can make profits off the big bois, but as much as I hate to admit, the absolute fucking rocket launchers, are on the non main exchanges. Shitty ones with shitty UI or dexes. You can find them on biz, but jesus for every good possible one,m there are literally 50 shitcoins promoted. There's a group who pnds the shitcoin of the month, and if you can catch them early, you'll make good gains. I don't do any of that anymore as I'm comfy rn.

I pretty much lurk unless its a LINK thread, but if you want something to look at, check out UBT (its pumped crazy recently, so wait for drawback), and RSR.

LEND (from Aave) will boom because Aave is leading the forefront there. I don't have any as I don't just don't see the value in its use case. I don't care if you do or don't research these, just replying to your thread is all.

>>18888816
>I hold just under 75k LINK now, which is around 225k USD. I have 32 ETH, 1.2 linkpool, and small amounts in UBT (around 15k).

Jesus christ anon, I just want to be like you. I just want to be a comfy frog. I feel like its too late to get in on LINK. Is it not? You guys got in at under a dollar, now its over $3 a coin, and while I believe it can go higher, I don't see it going "$1,000 EOY" like everyone shills...at all.

Thank you for the UBT advice and LEND, I'll check these out.

What exchange do you reccommend I get on to trade these tokens you and the rest of /biz/ are on? I only have a Gemini right now.

My bag consists of literally 1BTC. All these years and I have nothing but a single Bitcoin. I am trash. i am nothing.

>>18888793
Alright I'll help you anon, how much do you have to use?

>>18887871
Invest in rope. Kys

>>18887414
>be me
>20yo broke college student
>get into crypto
>try to buy $100 of ETH @ ~$12 and $200 of XRP @~$0.005
>bank declines purchase
>never call bank to approve it
>would've sold out around at spike beginning 2018
>mfw could've made over $100k if i just made the stupid call

>>18889242
Jesus Christ dude. Have you had any success since? What about MVIS?

>>18887414
Get into rocket pool while you still can

>>18889083
I have 1BTC I'm going to hold onto. That's my entire portfolio. In USD I have $400 in my checking that I need to live day-to-day, and $3000 in my savings that I'd be willing to use $2000 of to invest into some promising tokens. I also have another $8k I'd be willing to take $1-2k out of in a different bank account for a business startup, to use that $1-2k ontop of my willing-to-use $2k savings money. Sorry if that was complicated, pretty much, I've got around $2-3k I'm willing to invest.

I'm grateful for your willingness to help.

>>18889242
I feel you, anon. I truly do. We'll figure it out and we'll make it. Somehow.

>>18887414
The only way, anon, is to get into a pnd group. Hang around the sketchy parts of twitter and telegram and you'll find one.

>>18889274
I don't dwell on it too much just try to look for more opportunities in the future
just started my first full time job couple months back since I only recently graduated so I've been buying some crypto and stocks. also did some mining in my dorm room why the school footed the electricity bill.

>MVIS
Yeah bought at $0.81 yesterday and sold first thing this morning for $1.69

>>18889368
Don't dwell learn from what could've been to be able to see what could be

>>18889473
>also did some mining in my dorm room why the school footed the electricity bill.

Fucking kek!

>Yeah bought at $0.81 yesterday and sold first thing this morning for $1.69

Nice man how much profit did you make?

>>18889320
Don't mention it man. Rightnow the word is RTTR but personally I think it's too soon after MVIS. Was 25 cents on Apirl 28 and is now 64 cents but you really wouldn't have even known it existed April 28. It's hard to tell what will happen it all rests on if it's shilled hard enough here, reddit and elsewhere. I'm still trying to figure things out too. You have discord? I could tell you what I'm learning without the excess.

>>18889651
white falafel#2174

>>18889524
lol like nothing cuz I didn't have any extra cash in my account and I also held too long with UAVS so I really didn't want to put too much into it but I was able to get back like 1/2 my UAVS losses so I'm happy with that. Also I am new to stocks (only bee in it for like 3 weeks) but have been around with crypto for a bit

>>18887915
>fundamental nuggets
>LINK
Holy fuck opinion discarded you linkfags are some of the least educated people in crypto and are all retarded as shit. If you think Link is unironically a good buy or project you have shit analysis and can fuck right off

>>18889737
I'm new too, used to sporadically visit Biz but now I'm lurking daily and soaking up everything. This Penny stock hype started with UAVS right? Either that or this is the first time I've noticed the threads.

>>18889651
Just a warning, I'm an autodidact and good at learning but right now my stock knowledge is nearly non-existent. This is my fucking stock portfolio lol. I appreciate ya though, add me on Discord and we'll talk. Thanks again fren.

>>18889864
Jesus. Okay. Yeah I'll add you now logging in.

>>18889818
I'm sure it's not the first time but it was the first since I've been lurking everyday. /biz/ was never my go to board until recently cuz I have actual money to spend now

>>18889940
I feel you brother. May the gains come to you

>>18888521
dude as a fellow NYer i can tell you it really sucks and you can only really trade on a few exchanges legally like coinbase or gemini. you can do uniswap if you set up a metamask (which is easy) and you can use a VPN to trade on IDEX. there are also some sites that allow you to exchange BTC or ETH for various other coins but the fees are pretty high.

good luck.

>>18887414

I know this isn't what some people will want to hear on a crypto thread, but I implore you to buy the GDX or GDXJ gold-mining indexes. If you want something that's really going to give you a tenfold return on your money over the next few years, that's the correct investment. Don't waste your money on a crypto scam. Nobody knows which coin is going to win in the end, but, because of central-bank money-printing, gold is now a sure thing.

>>18890095
>h6aU7Qsx
Anon is right

>>18890057
right back at you

>>18887414
>>18887915
i could recommend VIDT, read into it, its easy to understand, serious business and no whitepaper scam bullshit, maybe take 100$ and put it in there
you can buy it on kucoin as american
always DYOR and try to avoid scams like HEX

>>18890556
i meant 1k$ lol

if anyone wants advice, add me on discord
Potato is tomato#6128

already gave 2 anons some advice and they are satisified.

>>18890982
OP here, can vouch. Listen to this legend.

>>18889076
No, it won't go to 1000 EOY. That started as a joke, and the nubiz took it as gospel. Link will be 100 - 200 (peak) USD though. This is from the head of solution engineering at Oracle, the 2nd biggest software company in the world. They are implementing chainlink late Q4/ Jan 2021. I have this in verbal confirmation from him myself as well if its any solace to you. Again, I'm not shilling because I don't care if you buy LINK or not, but they are the facts.

You'll sell LINK early if you dont understand it though. The good fud (not iscord shit) is written by people who understand it well. It (was) a great way of learning about chainlink desu. You post solid fud, someone refutes it, you attack their logic, they beat you, and you just learned new info.

UBT is gotten via uni swap. Basicall yyou link your eth wallet via metamask to uniswap. Just go to uniswap, click connect wallet, and there you go. If you're retarded go look up a tutorial, but its simple.

Up to you to hold the btc. You're not trash at all. There are people here who not only have nothing, but they had lots, and lost it all, or even had lots, lost it, and are now in debt. You're doing good.

Can you get a job? Do you work? You can keep your 1 btc and spend your discretional on lowercaps, but then you have to accept the reality of when LINK moons, you knew it would, and you made the decision to go into others. Its the only one I'm comfy holding. I don;t mind UBT, but its a minor allocation of my portfolio (around 5 k USD) that I dont care if I lose.

ALso, you won't believe it, but hard, hard truth here. The money doesn't make you any happier. It removes some worries, but eventually you forgot those were worries. You're at your baseline before, except you've new worries instead of old ones. I'm a fairly happy guy though, and have a fulfilling job (doctor) so I'm ok.

Binance for LEND if you want it. Be careful of pnd. May go down, may not, just be wary. If unsure, DCA your way in.

>>18891096
Thoughts on BTC/ETH/LINK (40/40/20)? only planning to throw in $500 and dca weekly from then on

>>18891451

Solid if you're a good amount of cash, but at this point, you're better off just concentrating on one if you've just 500 USD. Better off eth or link desu. If bitcoin launches to something big like 25k, you cna be dam sure eth and link will appreciate in fiat value too. You can "diversify" once you've more.

>>18891096
Thank you king

>>18891495
Appreciate the advice thanks