/biz/ - Business & Finance

>>24935345
OP just buy sentinel

>>24935345
>How do you handle?
Just imagine sucking dick for money instead or working at Taco Bell.

>>24935397
Why would I want either? I'm not attracted to the same sex, anon.

>>24935423
How is that relevant?

Do most Mcfaggot employees love what they do? NO.

Get down and open up, ANON

>>24935345
Do it long enough and you will realized how meaningless it most of it is.
Specialy TA, LMFAO.

>>24935448
Well if all the options I have are sucking dick or sucking corporate dick then why bother even?

>>24935345
You get used to it

anon unless you are close enough to be an insider youre never truly safe from getting rugged

>>24935423
It isnt really about wants. Its about needs. Imperatives. The market demands $10 blowjobs and someone is going to provide those. You sound like thats going to be you.

>>24935464
>Do it long enough and you will realized how meaningless it most of it is.
So what does it really come down to? Memes and normie reception?

Friends, I demand your help.

>>24935345
Friendly advice. Pick one coin, your frontrunner. research it until you understand it. research it's competitors. Then invest. once you've invested set your horizon and make note of your stop loss. then track it, pulse check the price and get an idea of any new general new information out there. after you're comfortable, pick a second coin. rinse and repeat.

>>24936000
yes but how do I trust myself to pick the best coin as frontrunner? What if all that time spent studying it was wasted if it's gonna flatline this bull run? Better to just get an overview of several coins, no?

>>24936152
Go buy a vanguard and fuck off. You dont belong in this game.

>>24935517
Luck more than anything. Lots of shitty coins get endlessly pumped by shills and idiots and lots of decent projects get ignored.
I have about a dozen shitcoins I've thrown a few hundred at (each) and plan to hodl in hopes that one or more takes off. I'm not putting any more money into them though, if any seem like they're not going to do anything (no news, no development, no github activity etc) I'll liquidate and find somewhere else to put it.
It's just gambling, really. The "tokenomics" is something I don't ignore though. If there is no reason to have the coin, if devs hold a large percentage, and/ or if the supply has no constraints then I don't care how good it looks otherwise it's dead to me.

>>24936203
Fuck off homo

>>24936302
Seruously. Listen to yourself and ask yourself if this investing thing is for you. Then call your broker for a prospectus. Im giving you good advice. You dont have the hands, the balls, or the shoes to play crypto.

>>24936356
Nobody's going to suck your dick here, get grindr faggot

>>24936152
buy bitcoin (BTC) only and don't sell ever. you won't need to sell in 10 years if you just play your cards right. stop being an emotional faggot and buy and hold.

>>24935345
Forget all this shit. It's all gambling. Buy and hold BTC.

>>24936384
Whats a grindr? I dont buy penny stocks. Go call prudential.

OP listen to >>24936356
He might be rude but he's right. This is penny stocks, high risk, no do-overs, not your wallet not your coin, Nigerian scammer territory. You think all the faggots who tried it and got rekt hang around to post here? Get yourself financially situated and DCA into a basket, or be young enough to have earning power to gain back what you lose if you gamble on whatever FOTM you choose.

>>24935345
It is literally just gambling
There is no home until you win the lottery. That's it.

>>24935345
its all bullshit. invest in bluechips and keep an eye out for things that have a sustained upward trend. its okay to not make 1000000% returns.

>>24936152
think of coins not as coins but as representations of different world outlooks. once you do that it's easy to cull out all the "me too" shitcoins, you're left with maybe half a dozen coins tops and you can pick the one that most adequately represents your belief about the future
the really short version is btc or eth

I literally just use my intuition about the memes and posts to tell if a coin has potential or is utter garbage.

You don't need to read the whitepapers if you know how to read /biz/

>>24936613
>You don't need to read the whitepapers
Fuck I know that's true but can't help but read them, fuck OCD

Play to your strengths and predict where the dumb money will go since you can't predict where the smart money will go.

>>24935345
Just go with the memes. Don’t panic sell and remember to take profits. Most people on here, and in general, have no clue what they’re investing in.

>>24935500
Time to get back in your wagie cagie

>>24936613
degenerate gang

I have IQ 50 and I still make profits, sell high, buy low. Sometimes buy presale or ico if you can afford to throw away some buck and leave it be. If its an obvious scam coin hold for three days and sell it and never look back, ie yam, graph...

>>24935345
No, my IQ is too high to be overwhelmed with lots of information. I just absorb it as fast as I can and then make wise decisions.

Sucks to suck, IQlets.

Find a way to love it. I personally got excited with bitcoin because the implications of mass adoption align well with my political ideology and I found the actual technology to be extremely interesting because I'm a software developer. You won't succeed if you think that we're not invested in more than just the money. The space is legitimately intriguing and you can get lost in learning how everything jigsaws together. It all makes sense eventually if you stick with it, though.

>>24935345
About three months. Then I realized that it's all bullshit and the best thing is to follow your gut feeling and the memes. 99.9% of crypto is absolute vaporware, but you MAY profit from it if your are smart and fast.

How many whitepapers have you all read and is there even a point?

It's no different than stocks. If you spend all your time spreading thin trying to find the next big thing you'll probably just end up losing money.

Do some surface level research on any coins you hear about. Pick a few that sound promising then do some deep dive research and if you think they'll pay off, invest.

As far as the technical aspect goes, you don't need to read everything down to the source code, you just need to know what each coin brings to the market/infrastructure and how it can be used practically.

Buy low, Sell High, have fun.

>>24936923
If you're not a brainlet you can tell if something's a scam or not from the whitepaper, and if you're actually somewhat intelligent you can evaluate the potential success of the business model from a whitepaper. It's like reading SEC filings for stocks. You don't have to do that to make money trading stocks, but it'll definitely help you avoid landmines that steal your gains.

>>24935345
Stop being a faggot and relax

Life is a joke, whatever you get from magic meme tokens is icing on the cake

>>24935345

lol - so glad Bitcoin was the only game in town when I got in. What a fucking shitshow to be getting into it now.

Feels fucking amazing rn

>>24937853

>Intelligent
implies you're not average. Statistically, people here are not likely intelligent and are likely trannies

>>24938023
I'm not average. I'm undeniably more intelligent than average. I also know that being more intelligent doesn't mean jack shit for being more successful in life. It's all about making the right decisions at the right time.

But by all means, ignore what I say and don't read whitepapers and just yolo your entire $3k stack onto shitcoins and post red wojacks when you lose it all. Sergay needs someone to make his Big Macs.

>>24938127
How much do you understand of an in-depth whitepaper? Say like polkadot?

Or do you just go for the general gist?

>>24936923
1. Every scam in crypto is designed specifically to take in people who are very intelligent.
2. You cannot con an honest man.
3. Being very intelligent it not in the top 5 requirements to be a successful investor or trader of crypto.

What do you think about that list? I think you are very intelligent and you can make some gains here but I also think you are likely to get played at some point. And so, no matter how successful you are at this, one of these days you are going to get taken and you are going to get taken hard. It doesn't have to be that way. I am honestly telling you now that this is ALL scams and you should stay out if you can't figure out how to win. Sorry for being so rude earlier. Merry Christmas.

>>24938269
>1.
Looking at rebase shitheaps can't say I agree.

>2.
How does that relate to trading?

>3
It probably takes a pretty high intelligence to get into crypto, lets be honest here.

I don't think the likelihood of getting rugged is nearly close to what you're saying. Besides, after you've made your first 10x or whatever you're not supposed to be gambling with substantive amounts in pajeetcoins anyway so that even lessens the impact.


It's k im not mad

>>24938230
The gist is enough for scam detection, understanding heavy math is more for assessing long term viability and profitability.

I haven't read polkadot's whitepaper. Last whitepaper I read was Kleros and it lit a fire under my ass. I had zero problem understanding everything in it, but I'm pretty wide read in general so I didn't have a problem understanding the ancient greek stuff and the game theory stuff and how it would work in an online jury system.

>>24938269
This guy has a very good point. Being intelligent isn't enough to not get scammed. Intelligent people should really read The Intelligent Investor and Taleb's Incerto to get a good sense of what's a good investment and what's not so that they can avoid scams a bit better. Easiest way to avoid being scammed is to just say no and walk away, works every time.

>>24938269
>Merry Chr*stmas

>>24938427
>It probably takes a pretty high intelligence to get into crypto, lets be honest here.
No, it really doesn't. Any idiot can install metamask or buy a hardware wallet or install electrum and sign up for an exchange or put money in a bitcoin atm. That's like saying it takes a pretty high intelligence to own and operate a car. Understanding how a car works and being able to fix it is very different from owning and operating a car.

Fundamentals, whitepapers, technical analysis, teams (where they received their education) Partnerships, VC, price history, memes did I miss anything oh yes (((Macro economic factors)))

>>24938458
Kleros was a nice read.

>should really read The Intelligent Investor and Taleb's Incerto
Will look into.

>Easiest way to avoid being scammed is to just say no and walk away, works every time.
As a poorfag that's not an option. At some point the math doesn't have to add up, if you're looking for a way out.

>t. studentloaning myself into this shit

>>24938491
>Any idiot can...
Yeah but then you have to start switching networks, staking shit, etc. It's nothing like driving a car because nobody's there to drill that shit into you. You think everyone's capable of self learning to drive well?

No bc im making money on greats

>>24935345
Just buy Bitcoin and shut the fuck the up.

>>24938645
what the fuck are you still doing? LINK YOU FUCKING 100 IQ SPASTIC GO READ THE FUCKING WHITEPAPER READ THE ARCHIVES

1st step: Be Jewish

Crypto is shit

>>24935345
It's like when you play a new game. Eventually you get the hang of it and you become pro.

>>24935345
>became serious about crypto a month ago
After 1 month of autistically following the market and /biz/ I thought I knew.
After 3 months of autistically following the market and /biz/ I thought I knew.
After 1 year of autistically following the market and /biz/ I thought I knew.
After 4 years autistically following the market and /biz/ I thought I knew.
Protip: you will drain the fuck out of yourself trying to keep up with every token, scam and shitpost
Take your time, the markets move slower than you think. Good projects can take years to pump while food tokens do 1000% overnight. If you feel the need to rush into a project then it's better to forget it all together, don't even check the price in the future. Sure you may have won a gamble or two without doing your research but it is that, a gamble and it'll catch up.

If I ever feel the need to rush into a trade creeping up I generally walk away.

Right now many people missed GRT. Those who didn't knew what was coming, we didn't know when the laying would happen bit as soon as it did, had plenty of research to buy with confidence.

Also jannies deletes pre sale threads, this place is comped like the rest of this site. They don't want you to make it

>>24939079
Have you made good gains?

>>24939225
Yes, also been rekt a couple times but that only happens now when the whole market bleeds. Any advice you read, apply it to your life and your situation and adjust. Know that dips happen, and not to panic sell them.

Thanks all anons, better thread than I expected. Time to sleep, happy hanukkah.

You WILL lose money at some point. Accept it as a learning experience and don't be demoralised. Quitters never win.

>>24935345
HAhaha this is real life pal, it isn't like a job, this takes effort

>>24939459
>happy hanukkah

>>24935345
Just realize almost all shitcoins underperform bitcoin. Then buy the king like the rest of us and dont think about it too hard.