/biz/ - Business & Finance

>>2164311
feels good man

>>2164311
How the hell do all the coins I choose literally keep going fucking down though?

>>2164534
shit thats just bad luck my guy. always keep some money in the main coins (BTC, ETH, XRP etc.) then fuck around with memes.

>>2164566
God. Invest in SC. Market Stagnate. Go into ripple, fucking drops like a brick several days. Go into NEM. Market crashes. Buy into DGB at 800, market stagnes. Buy into NAV. It takes a nosedive. Holy shit. ALL THIS horrible timing.

Maybe I should post on BIZ to inform everyone what they should short.

>>2164311
> this keeps happening and will continue to happen for the foreseeable future

I'm all in crypto, but I pray for a crash. I'm willing to lose half my net worth just to see you newbies get an actual taste of reality.

>>2164706
you sound like a filthy leftist kike

>>2164725
Not a leftist, nor Jewish. But I didn't spend ages working on a consistent trading strategy that weathers bull or bear markets to see any retard with an internet connection make gains REEEE.

>>2164311
>this keeps happening and will continue to happen for the foreseeable future

Wew. You're actually a fucking retard if you think this.

Not even a nocoiner but good luck cashing out when the crash comes and everyone else is trying to do the same thing at the same time.

>>2164741
moon ovens when?

>>2164755
why would you want to cash out? right after a crash is the perfect time to buy even more

>tfw poorfag and I need to choose one
>tfw the one that I chose is crashing

>>2164696
Why is this so relatable

>ive been deposting 2k a week into vanguard funds the past year and not ethereum.

>>2164755
>He doesn't know about shorts

>>2164878
don't worry in a few weeks you'll be happy you did when the coin scam comes crashing down and no one is able to cash out because no one will want to buy

>>2164696
its like you just hone in on dumps

while I hone in on pumps

>go into ripple
>stagnation and bad signs
>get out
>it tanks
>wew

>see NEM
>no

>see DGB
>buy at 400
>oh fuck this probably isn't going anywhere
>probably
>sell half
>it goes up to 800
>wew

>see NAV
>no

I don't really know what to say here...like...its not that difficult. You just look for the memes and invest in that. Its easy to tell when the shilling is hard enough that whether or not the coin has any actual value, it will pump up.

>>2164904
>the coin scam
literally the same thing everyone said about bitcoin when it was $1
literally the same thing everyone said about ethereum when it was $1

>>2164696
Gotta diversify, lil nigga. And stop selling at a loss.

Maybe 30 nigcoin is only worth $0.000000000002 dollars but it's still worth 30 nigcoin.

>>2164696
You have to buy when they've bottomed out in the RED, not when they've already been rising like crazy. Also don't sell at a loss, just wait till it turns around. Set a goal beforehand (trading plan) and stick to it. Otherwise you'll just jump from coin to coin like a retard, win some, lose some and somehow manage to lose your money in this market. E.g. I've almost quintuppled my starting money to several 10k with the first big XRP and STR pumps recently and that took 1,5 weeks, during which I only made like 1 trade every 2 days and otherwise waited patiently. Only day trade if you know what you're doing. You obviously don't (yet). Learn technical analysis and find a good community to learn from (hint: not /biz/)

HOW THE HELL DO I BUY THESE MEME COINS

COINBASE FUCKS ME IN THE ASS WITH FEES AND WAITS AND I CAN'T EVEN BUY THE MEMECOINS DIRECTLY

>>2164999
Bittrex you dumb motherfucker. Coinbase is only for cashing in and out.

>be a poorfag
>$20,000 in student loans
>try investing in stocks with Robinhood
>make a couple hundred
>see someone mention Bitcoin online
>didn't know it was still a thing
>start buying BTC in December
>make ~$2000 gains in a month
>start reading about ETH
>convert all BTC to ETH in February
>HODL
>keep buying ETH every week
>watch price go up
>profit $40,000 since December
>pay off student loans
>still have $20,000 in ETH
>still buying ETH at $170

>>2165135
but first you need buttcoins. bittrex does not accept dollarydoos from your jew vault. cex.io want's a 1000 selfies and a urine sample. wait wait wait.

>>2164696

if you run into bad timing just pick a solid coin (btc, eth) and HODL. I am terrible at timing and I've made $20k just holding bitcoin and never selling it.

>>2164311
>mfw nocoiners miss out on the biggest multi trillion boom of their lifetime

>>2165352
What?

>>2165475
You need to go USD -> BTC (via coinbase) then BTC -> altcoins via an exchange like bittrex. Follow same path to convert back into BTC and cash out into fiat.

newfag REEEEEEEEE

>>2165396
>multi trillion boom
Ain't that the truth. Hang in there, guys:

https://www.bloomberg.com/news/articles/2014-01-08/cisco-ceo-pegs-internet-of-things-as-19-trillion-market

>>2165494
Diff person here, I haven't been able to get coinbase to verify my deb card because they say my verification amounts are wrong. Anybody have advice? Do I have to contact the damn support?

>>2165565
it's a known issue and they're working on it. submit your butthole to cex.io and begin waiting some more. you shouldn't rely on just one exchange.

>>2164878
diversify baby

>>2165597
Meanwhile I've been mining steem dollars and micro trading lolz

>>2165734
bypassing the moon and going straight to mars huh?

>>2164311
>started cypto last sunday with $200 in on .01 sat

>Now with $225

How is this this easy, I haven't started trading or getting in on Moonrides and I'm already 1/8th of the way to making 100% profit from my investment, and I can't even trade my sat from coinbase yet.

Is crypto the ultimate rainy day fund?

>Save of spare $200 to put away for when I need

>come back and have more money somehow

>>2165768
its called a bubble. one day it will pop and we will all lose half our money

>>2165597
Meanwhile I've been mining steem dollars and micro trading lolz

>>2164998
>Learn technical analysis
Its not completely useless, but don't expect it to be everything you need either.

>>2165780
last one happened when bitcoin was still gaining traction.

Only reason the bubble will pop is if it gets oversaturated.

People are too dumb and skeptical, especially after the last crash, to get into crypto.

The barriers of entry and lack of brokers also keep people from flooding in in the US (not sure about china).

At least for the next year, crypto is going to be a consolidated bull. The only issue is when the flippening will happen, crashing bitcoin, ascending ETH, and shifting the market completely from the way we know it now.

But hey, high risk high reward (but right now there is minimal risk

>>2165768

How did you get started?
I would like to get started , I've been lurking for about 2 weeks now. I've got about 3k im willing to invest/learn from.

I'm having trouble understanding the terminology and memes though, but getting there.

>>2164741
turns out, yes you did lmao. the REEEEEE continues

>>2165901
>taken you two weeks to figure out how to buy BTC and convert to shitcoins

Don't think this is for you, bud

>>2165973

How do you get started though? I'm ready to buy whatever. Anything that looks promising?

Dude think back to a few months ago. The board was pretty crypto-centric but there were constant nocoiner threads and nocoiners posters.

It feels like they've gone extinct now. All the nocoiners either coined up, necked themselves, or left /biz/ to cope.

>>2165998
Anon how do you lurk for 2 weeks and not figure it out

Since people spoonfed me in 2 minutes I'll return in kind:

>sign up for coin exchange (Coinbase, Gemini, Kraken, Cex.io, Bittrex)
>Get cucked by Coinbase having 4 year olds for programmers of their site and wait 9 years to be verified by Kraken or Gemini
>Don't live in Rhode Island or Tunisia so cex.io is not available for you

If magically Gemini or Kraken verify you in a timely manner (took 7 hours for Gemini here)

>buy btc or eth with real money
>save most of it and take a SMALL AMOUNT and deposit it onto bittrex exchange, trade it for shitcoins that rise and fall extremely quickly
>if you luck out on a moon mission, exchange it back to bitcoin and then exchange that back to USD if you want to cash out for some stupid reason even tho it's literally free money
>get raped by IRS in 2018 for not having a record of every single transaction you made

Easy mate

>>2165998
>not using a bot not make auto gains in a turn key operation

>>2164534
Because you don't hold

Can you seriously find a coin that isn't up from last week? Fees rape you , diversify and HOLD. Even if you only have 200 dollars split it evenly into some good coins and hold it and it will grow.

>>2166062

Eh, I'm not that 2 week lurker anon... I'm someone else asking what to buy...

I'm trying to use gemini from indiana but it only allows me to use the sandbox?

Lol what the fuck

>>2166062
>get raped by IRS in 2018 for not having a record of every single transaction you made
I guess I'll have to stay a nocoiner then.
If the IRS lost to Patrick Cox, then I would give it a shot.

>>2164696
Tell me your next investment Anon.

>>2165973

In my defense there's no sticky. Every other board in 4chan has a sticky to get a general grasp on the topic being discussed/ basic intros/ advice/ (i.e /fit/ /p/ /fa/ /out/) to saavy up

Biz doesn't have one yet, so understanding terminology and distinguishing memes is still ongoing. Im still learning but I don't feel its adequate just yet

Knowing 4chan, they'll meme you to fuckery for shits and giggles.

But if you've got books/online vids/ tutorials to help it'll be greatly appreciated.

>>2166062
>this post

Thanks mate

REEEEEEEEEEEEEE HOW THE FUCK DO I USE GEMINI?!?!?

IT ONLY ALLOWS ME TO USE THE PLAYMONEY BULLSHIT...,.AHHHHH I JUST WANT TO RIDE THE BUBBLE

>>2165504
Yep, can't wait to connect my toothbrush to the internet to get a push notification when it's time to brush my teeth.

I bought a bitcoin at 600$ and since I've wanted to buy more when it dips but it just keeps going up.

Coinbase your fiat to sat, then after their longass wait (where I am at right now), go into trade.

>>2166199
Since gemini is obviously fucked or something is there anything else i can trade with that doesn't keep me in perma practice mode?

How does nobody else have this problem? It doesn't even give me the option to DO ANYTHING ELSE

Learn to read charts.
Set some trade goals.
Be patient.
And if anything, just hodl! Almost every coin is a profit if just hodl!

>>2165768
>Start on the 11th with $150

>Gradually start putting in more dough and stop at $550

>Reach $1500 today

Thanks /biz/

>>2166321

So you turned 550 into 1500 by day-trading? Or what exactly did you do?

>>2165885
This is precisely why im all in on ETH and ETH tokens

>>2166263
>>2166199
>>2166105
Can somebody PLEASE tell me how to gtfo of sandbox mode?
>>2166361
>>2166350
>>2166321
>>2166298

>>2166350
Started with 150 in Litecoin, ended up losing 40 of that and put 100 into RDD at 10 sats. Then 100 into DGB (83 at 323 sats and 25 at 587 sats), bought 1 ETH at 150, put 12 into SLR and MUSIC (neither have done much so far), and put 100 into VOX at 2574. Basically I just got super lucky with timing and RDD.

>>2166397

Is it worth investing small amounts in literal shitcoins at 1 sat?

>>2166435
You can try with like $50. Could've made it into $1000 with rdd up 2000%.

>>2166397
>>2166435
>>2166462
Where do i invest in shitcoins? It doesn't appear like i can do this in gemini

>>2166397
>>2166435
I don't know about that, I'd say look at what /biz/ is shilling casually and make sure it isn't a pump and dump (I tried out NAV and lost $20). I've been missing the initial pumps, but those tend to help finding them through /biz/ and with coins like RDD and DGB it hasn't hurt that badly.

>>2166522
Bittrex is your friend

>>2166540
how do you feel about musicoin?

>>2166549
is there a mobile app for gemini or bittrex?

>>2165232
fuck you

>>2166540
>>2166612
I'm back and forth on musicoin. There's potential for it, but if it turns out to be nothing I won't be too upset. When NAV fell through I put half in musicoin and half in solar, since I figured if either of those got pumped I'd be able to make back any losses.

>>2166620
I do just about all my trading on my desktop with Bittrex, but Blockfolio is super nice for tracking everything. I haven't looked into Gemini much.

>>2165232
be human who decided to not work and risked 10k (pretty much what I had) in Dash.

Dash crashes to 17% of original value. Leave it there for years.

sell half 2016 10x for ETH
keep 66USD just in case.
get 700ETH

Stil lhave the ETH

Moral 21x in 4 years.

Don't need to work for a decade.

Feels good man!

>>2164741
So you're just a hater then?

>>2165504
https://coinmarketcap.com/assets/internet-of-things/

>>2166014
>It feels like they've gone extinct now. All the nocoiners either coined up, necked themselves, or left /biz/ to cope.
So true. Is /biz/ the apex board now? I used to hate coming here now I have it as my homepage.