/biz/ - Business & Finance

just go with what is shilled here

>>21074813
first, where are you on this scale?

>>21074857
That's what I've been doing and every time I buy something it dumps on me really hard and seems like it never comes back.

>>21074857
this but be careful, a lot of anons trying to sell you their bags

>>21074882
yup, they sold you their bags....

Stop being a retard and avoid blatant ponzi schemes.

>>21074813
because you are left on the outside. 80% shilled shit on this site is paid PnD. If you know their methods then you can profit from this(i wont tell you their tactics because they will change it) but otherwise you are newfag that are dumped on.

Just buy link. That’s all you have to do. Buy link and you will be rich. That’s all.

>>21074882
It's because you are listening to people who are looking for people to dump their bags on. Look at the chart before you buy. Did it just go up 250% an hour ago? DON'T FUCKING BUY.

>>21074879
I'm high functioning autistic, when I was 12 I tested at 156, but I have a really hard time with certain things, trading being one of them because theres a human element to it I simply can't understand.

>>21074813
There's a fuck load of content on youtube anon
Just search 'top 5 altcoins 2020' or pick a coin off the coinbase top list and search that for an explanation of price atm
Just avoid if the guy is Indian, is blatantly hyper-active and loud, a boomer, or XRP shill
(last 3 overlap often)

>>21074882
Don’t fomo, watch the charts and see if it’s under a pump. If so, avoid like the plague as consolidation will occur sooner or later and you will buy the too

You missed out on BUIDL, sorry. It has huge potential but don’t buy in now, wait a few days.
I can’t think of any other investments. Maybe ARTE but it’s not going to be as big as BUIDL at all

>>21075022
Everyone on here tells me not to listen to youtubers though. I'm new to this, so that's another really big problem. Do you have any recommendations?

>>21075037
I don't even know if I'm fomo'ing in. I need to be able to make my own decisions because unfortunately I've been on 4chan for most of my life and people here are my only real friends.

>>21074990
if you are 156 making money should be pretty easy
this shit isnt even hard to figure out. there are retards here with double digit iq who can make it
https://test.mensa.no/
take the test again

>>21075107
I don't need to take an IQ test. There's an element to this I'm missing and I just need to figure out where to start. I've missed a lot of research done into crypto and I don't know what projects are even prospects for growth because I can't understand why they're needed over what is already in place.

>>21075037
Also I should ask, is there any good resources you can recommend where I can easily track cryptos/defi's? I don't care if I have to pay for it, I just need a way to look at this information streamed in front of me.

>>21074813
this, in this order, 75%+ in BTC

>>21075242
You cant just pull up Coingecko or Coinmarketcap on your phone?

You cant go wrong with BTC and Ethereum and can always rely on them. The rest you can put in highly experimental shitcoins

>>21075413
Yeah I could, but there's also a very large number of different crytpos on these websites and I don't think they have real time volume data.

>>21075078
Well that’s the thing being here. But you should have known when it is a bad time to buy in by now. Shitcoins that have gone up by +20% in one day are risky buying into. Wait for consolidation and carefully buy in piece by piece of your stack. Don’t go all in immediately.

>>21075242
Actually no. All I can say is just be on the lookout of what is trash or blatant ponzi schemes. All deflationary tokens are scams. Also find out what a project is backed by. If it’s memes, it’s a massive risk. If it’s intended to improve the Ethereum ecosystem, go for it. If the project has a GitHub and the repositories are frequently committed to, it’s a good sign that it’s a serious project.

Also pay attention to the chart. If it has flatlined to ATL for years, it’s a bad sign. Be on the lookout for volume too. Low volume means low liquidity and thus it’s easy to get JUSTed and dumped on.

>>21075514
Thanks, this is very helpful. I've been going all in immediately, that could explain why I get dumped on almost always after buying. I don't know why this didn't click but makes perfect sense. I'm down a total of 10k right now because of this and because I accidentally market bought something on KuCoin and ended up paying 80% more than I intended to.

How do I check volume on something? I see people talking about it but am not entirely sure how to do it in crypto. Do oyu have any resources on how to read crypto graphs? I've heard TA is stupid as fuck but apparently it helps sometimes.

>>21074813
scott melker twitter free podcasts about crypto in general. then you need to read by yourself about projects, ask yourself if thats a good idea realistically.

crypto is still gamble tho. better to cash out earlier than hope for a big 10X pump on every purchase you make.

also if in doubt on this board, ask for timestamped pic of hand. no pic - no buy.

either a shitskin shill getting paid, or some fuckin schizo retard.

i will be researching/searching for new coins, and i will most likely devils advocate here on chan that this project is useless to see counter arguments and level of discussion.

that's why i picked LINK in 2018 here, everything clicked, but its a different board now.

leave a throwaway email, i can shoot you a message tomorrow

>>21074813
Bancor Protocol - BNT

BRR
- https://coinmarketcap.com/currencies/brr/
- https://www.brr.finance/
- https://uniswap.info/token/0x49f941FA7f5731fe302068d79c8604C24C5E7196
- Use Metamask for ETH uniswap

Keep it simple.

>>21075657
I really appreciate it fren. I wish I wasn't so autistic (litterally) sometimes, it makes making friends difficult and I don't know how to talk to anyone about this in real life.

bizfrensclubhappyface at gmail

>>21075768
I'll read into those, why BNT? Isn't that betting against ETH or am I missing something?

>>21075847
Quite frankly, just fucking buy in and stop wasting time.

These 2 are barely mentioned here, they're relatively under the radar at the moment.

>>21075646
You can check the volumes traded on each exchange on Coingecko. Just be aware and careful with exchanges as some participate in wash trading which creates artificial volume. Those are often singeled out. Read reviews on them and how fishy they are.

As for charts, I really only look at bullish/bearish pendants, ascending/descending wedge, ascending/descending triangle and (inverse) head and shoulder. Figure out when these patterns are broken. Sometimes you gotta draw lines to see them but I can see them mostly with my eyes.
I’m no daytrader, I’m just using these to find good entries and also see if we’re heading for a bullish scenario.

Also the greatest tip I can give: if you are not an experienced trader, NEVER SWING

>>21076080
I haven't swung yet, I still don't understand how its done at all. Otherwise really helpful information, I really appreciate it. This should at least keep me from buying stuff that's been pumped and is going to dump soon.

>>21076080
Also just because I'm interested in feedback, would you swing this or do you think its going to break out?

>>21075847
shoot you an email from throwaway, named parkertvshowcharacter with a number in message. gather your thoughts shoot some questions, will respond tomorrow.

stay safe fellow autist

>>21076236
Thanks fren. Autism is really something only other autists understand.

>>21074813
>If I buy into something /biz/ talks about, it dumps and everyone calls me retarded. If I sell something, everyone calls me retarded. If I don't invest in anything at all, everyone calls me retarded
Moral of the story? No matter what you do, someone on here will criticize it harshly. A lot of us have been buying chainlink since it was under .20 and the entire time there has been an angry mob of nolinkers that sit around calling us stupid all day every day. Turns out they were the real idiots

My biased advice:
Buy as much chainlink as you can afford and sit on it for 2-3 years. You will not regret it

>>21074813
I'm sorry anon, but crypto is a zero-sum game. You're either a winner or a loser. You should learn how to shill your scam coins and dump them to bigger retards than you. Good luck.

>>21076140
Swinging is selling at the top and rebuying lower making you accumulate more coins. 99/100 cases here it ends up with the swinger losing coins because it pumps immediately after they sell.

And no worries fren. The greatest advice is simply not being a retard and maintaining self control. Don’t let emotions get over your common sense. Don’t look at pumped charts and think “oh damn I’m missing out!”
Look for a good opportunity to enter. That is usually days after you first look at the pumped graph. With BUIDL, it went to $2.6 a week ago from under $1, but after a few days it went under $2. That’s where one should buy. Things usually dump much more than what one might think.

Good luck fren. I hope I taught you well

>>21076349
I'm very poor right now, I want to buy chainlink but I'm already priced out hence why I'm on the hunt for something that I can make some money with to put more into chainlink. Its the only thing I know for sure is legit that gets talked about on this board.

>>21076353
I can't shill, a side effect of my condition is I'm a very gullible person by nature and unfortunately I don't know how to not be honest. I know there has to be losers, I just want to stop being one.

>>21076423
This must be why people always say swingers get the rope, I get it now. You have been helpful, I can tell at least you're not a pajeet and are being honest.

>>21076213
My gut instinct would be to long that chart. There was a higher low made there. Would need to see volume as well to have a better opinion. What chart is that?

Go with bluchips

>>21076488
i don't know shit about crap, but all i know is that i have seen way too many suicidal posts about ppl who swung their Link unsuccessfully.
i just bought at simply held, and it's worked out great so far. i got in at $2, and i keep buying more every time i get paid and i put them onto a hardware wallet. it's really that simple.

>>21076509
I bought in at one of the local dips near the end, I hope my gut wasn't lying to me as I took the information in this thread and decided to see try a different strategy. It's AKRO on KuCoin. I also read they have a project release soon which I think is a good indicator that it might pump more? I saw this article the other day and the general theme seemed to speak truth: https://www.dexplain.com/posts/upcoming-mainnet-launches-qtum-ark-vite-dock-stx-stpt

>>21074813
Honestly it requires a lot of studying to pic the good from the shit
>familiarity with basic CS and software development concepts
>good understanding of blockchain tech and smart contracts
>solid knowledge of economics
I think most people just literally gamble on shitcoins they have no idea how the underlying tech works. That's why anons shilled link so hard early on, it actually solves a real technical problem and they recognized it.

Even once you know those things, you need to know who's on the team, what companies are investing into their project if any, and decide if you think their product has potential to take off

If you just want to try and ride the daily pump and dump ponzi schemes then disregard everything I just said, it's literal gambling at that point

>>21076920
I don't want to ride ponzis. I just have no idea where to even start in terms of research and what is needed in the crypto/defi world. I just bought a stack of AKRO though because I've been reading about it and it seems like it might be the YFI for Pokadot in the future. I might also be really retarded as I don't know if what I just said is even needed in this space of endless innovation, but it seems like a good start.

>>21074813
listen faggot, stop making new threads. just buy LINK, its not too late, thats like saying buying btc at $50 is too late. just shut the fuck up and buy link because 99.9% of crypto are scams.

>>21077162
I need more money to buy LINK and this is only my second thread this week, I've been learning and just want to converse with other frens about crypto so I can improve.

>>21074813
sorry fren trading is not for you, at least not yet, maybe not even in this life. but it's fine. be here with us and laugh with us and accept being ridicoloued. /biz/ is literally best place to be on this planet, regardless if you make money or not

>>21077424
Maybe I won't trade but I can still invest wisely and make it right? I just need to find the right project. I have $25,000 I can invest and hopefully make enough money to change my life.

>>21077360
Same man I need more LINK too. I wanna ride these pnds but I just dont fucking know how to.

>>21077453
>I have $25,000 I can invest and hopefully make enough money to change my life.
Why dont you just buy link with that money? It will eventually go to 1k and you will make it with 2.5k link

>>21077518
Isn't a suicide stack 10k?

Most of the time that you see a thread or post on /biz/ they want to manipulate you in to buying or selling so they gain the benefit.

Shit like BRR, Tendies, Asuka, whatever are legitimate MEMES that have no groundwork or foundation to build on - the price is pumped by people buying the token and by the total supply being reduced. They add nothing and once the creator has had their fun they close shop and take the profits.

Look for promising projects and read their website, whitepaper, join the discord and telegram and lurk for a few days. Get the newest information on the project about announcements and buy before shit is announced.

Look at Menlo ONE, NOIA, Link, BZX, Libertas, Dether, MITX, AERGO

you're welcome

>>21077631
Is Dether legit? I've seen it talked about a lot but this is one of those instances I can't tell if it's a legit project or not even after reading a lot about it.

>>21077668

As far as I can tell. The issue is getting people to use it. The idea is that when a bunch of normies hop on the crypto hype train they'll flock to shit like Dether and give it a practical use. People like us don't really need it but the average normie would want it, ya know? It's a promising concept and as long as it gains popularity its a surefire profit.

>>21077732
Also as far as I can tell if I got AERGO I'd be buying into the pump and this is one of those things I simply cannot tell if it's going to keep going or not.

>>21077622
No a suicide stack is 1k 10k is make it. I have a decent linklet stack but I really fucking regret filtering all the shitcoin threads. I should have tried to gamble on some garbage like LEND or AMPL would have still made more money and added more link considering I alrwady spend half my day browsing here. Feels like its too late already though.

>>21077770

I didn't say AERGO because its pumping right now, I said it because its a promising project. These are more mid-long term holds. Specifically on the topic of AERGO:

>lots of holders (4700)
>relatively low mcap (11.6m)
>relatively low average daily trade volume
>great idea, active and devoted team

So you watch the market, wait for a dip, buy the dip, and either sell when it pumps or hold for the mid-long term because the damn thing is $0.04 and will probably do a 10x within 12-18 months

listen man, i'm new to crypto too but it isn't hard to notice the patterns when you do your fucking research and pay attention

we're going to make it

>>21077732
Actually everything you listed seems mid pump. This is one of those "if I buy it I'm retarded if it dumps" type scenarios. Is there a queue to know if I'm buying a pump and dump?

>>21077986
Okay. Thanks anon, I understand now what you mean. I appreciate it. I know the type of reading I need to do now to make sure I'm buying a good project at least.

>>21078049

Yeah man. If you want assured mid to long term gains you do what I said. If you want to risk your money for either a quick 100x or a quick asset depletion you dump your money into random shitcoins that just popped up on uniswap. Most decent projects have websites, whitepapers, chat groups, etc. and everything posted on CoinGecko has links to those.

Fortunes are made and lost in very short time. You want to profit so don't bet on shitcoins.

>>21078212
I'm glad I made this thread. I've learned a lot today, I love /biz/. Thanks fren.

>>21076299
Post your conversation i cod use the pointers too, everything else you have asked ive wonderer since i started also. You lucked up and found a decent person on here, share the knowledge.

>>21078791
Anything I learn I will spread among the 4chinners. I'm gathering a list of questions for him to ask and I will post in as many threads as I can hoping to guide people.

>>21078851
Actually i made a throwaway too if you don't mind. We can learn together as gay frens.
Shitcoinbuyer at gmail