/biz/ - Business & Finance

>>26951619
Is dogecoin viable? Bitcoin has limited quantity, right? But dogcoin is infinite. How will it gain traction if there's an unlimited amount?

>>26951758
Dogecoin is useless. Its value has nothing to do with anything but it being a meme.

No real world utility at all.

>>26951619
i have been very, very casually watching the market for about a year or so without actually purchasing anything. now i can see that i think i've waited too long on the sidelines and need to get in the game myself.
what is a good/reliable crypto wallet service to use? i've read that security is a big concern here, i don't wanna put money then get it stolen away by forces unknown.
also - how do i purchase a stock

>>26951758
Doge will moon this weekend. You will kill your self if you don’t get in below .10

I'm interested in buying dogecoin to get on the train for my own amusement, where's the best place to start if I eventually want to get into stock trading and crypto?

>>26952317
The easiest place would be robinhood, but they’re all faggots

How do you pick a winner from a loser in terms of appreciating value? I know that's an obvious question and nobody has a crystal ball. But amidst all the shilling and shit posting how can we at least try to perform due diligence?

Is there a place where you can read all the white papers associated with the various coins and tokens, instead of looking up each one separately? Some sort of database or wiki?

>>26952085
I'm like you, and I think I can answer your questions.
If you read the Electrum FAQ, it walks you through how to move your virtual shekels to an offline or cold wallet. That's what I'll use for long-term stuff. For actually trading, I'm going to try MetaMask for Ethereum and STA, and Coinbase for BTC. But I'm just getting into it so this might be very bad advice. So far all I've done is buy some Ethereum and turn it into STA on MetaMask.
For stocks, use Fidelity. I'm more confident this is good advice, because Fidelity has a very good reputation and I've already started using it.

>>26952085
Ultimately you want to generate your own keys offline. If you want to use a hot wallet, use one that allows 2 factor for any outbound transfers. I use Trust wallet as it allows me to directly use uniswap on the fly. Hardware wallets are ok, but it's one of those things where we may not know if any exploits previously unknown to the hardware manufacturers. Best idea is to have multiple wallets to keep your stacks decentralized. I know some who keep only one crypto per wallet and then even divide those stacks up to other wallets too. Friend of mine has over 25 different seed phrases for his holdings.
But to be perfectly honest if you're new coinbase is a good starter platform to get your feet wet, then when confident move your coins as soon as you can to your very own wallet.

When will btc, eth and link dip so I can buy them?

>>26952992
I lurked for over a year here and tried to absorb as much as I could about crypto, defi, and tokenization in general. After awhile you'll understand what projects actually bring value (revenue) and which ones are just PnD's. Trust your gut, verify the teams behind projects, and ask yourself if the coin actually provides value. AAVE, UNI, ETH etc...

>>26953150
Coin gecko and coin market cap usually list the white paper for each crypto.

>>26952586
I think robinhood is American only, I'm in Australia, and after all that I've seen with robinhood lately, I'm thinking of staying far, far away from them.

>>26953747
Consensus is Summer, just DCA for now.

Never purchased crypto before

What is the most trusted means on how to buy

>>26954080
Robin hood actually takes from the poor and gives (data) to the rich. I think you'll see DeFi as very refreshing.

>>26951619
is kraken fucking down right now?

>>26954654
Hate to say it but it's the easiest and insured use Coinbase or Gemini. I think you can even purchase through the metamask wallet extension too. Just as soon as you feel comfortable move your coins to your own wallet as soon as you can.

>>26954043
Thanks friend

Do you fags actually report earnings to the IRS?

>>26951619
Why does GME show different stock value between robinhood and fidelity?

>>26951619
someone list the most important concepts for a neet to learn who knows absolutely nothing about investing so that I can be making money within a month. PLS

I have about $200000 in debt and $9,000 in cash so have no interest in picking stocks or risking participating in a pump and dump. Moreover when my real job starts later this year I'm practically not allowed to pick stocks due to securities regulations. However I would like to try out ninjatrader just for fun. How the fuck do I use this? Is there an ELI5 guide?

>>26955923
buy kneepads

I want everyone to know you are still early. Most normies have no idea what crypto is and only heard of a thing called bitcoin. Take your time, educate yourself, think things over, don't buy things just on hype alone. You have a legitimate chance to not have to work again ever in your lives if you stay level headed, dollar cost average, and protect your crypto. Crypto is a once in a generation opportunity to be at the forefront of the transformation of the worlds economies to the digital landscape. Pic related is my initial 3k investment in 2018, I can almost quit my job now. All I did was DCA into quality projects, when you're this early and we still are it's almost hard to lose money unless you chase Pump-n-Dumps. Good luck to everyone!

>>26956430
post portfolio

>>26956430
wtf does this even mean though?

>>26956199
Are they projected to go up?

>>26956430
Pls explain to me how to learn any of what you just said.

Is mining Dogecoin worth it at this point? I got a rtx 3080

Thanks

>>26955648
Most don't, most are waiting to get a letter before they do it. I look at it like this, might as well report some than none. I'm hearing rumors they may do an amnesty in the future to allow everyone a chance to report previous years. If you sold on an exchange that knows your identity they may report that profit if large enough to the irs.

>>26956855
>>26952021
Ah ok

Is mining Ethereum still worth it? I considered mining BTCin 2013 but back then everybody said it wouldn't pay off anymore lmao. Now here I am looking into it again

What should I drop money on when these kike sites actually let me

>>26957206
If you have a free source electricity, sure why not. One of the first things I did was mine using a couple Linux machines and Nvidia cards, I did it so I could learn the tech behind it all. But my electric bill killed any profits I made.

>>26951619
is binance.us safe? It wants personal info I don't trust it

Put 5k in AMC at $16. What do I do with me newfound meme wealth?

What should I use? Bittrex, Kraken, Robinhood, something else?

Why should I move my dogecoins or xlm to a wallet? If so, to which wallets should I moved them to? Thanks.

>>26958268
No safer or riskier than any others. Being a US based company even though the parent company is not assure you certain protections. Your best bet is to use a popular service I.e. coinbase, gemini, etc to pick up some ETH then use Uniswap/Sushi/1inch to get your erc20s

Someone just posted this in another thread... whose in?

"
you know if everyone buys in on a tiny cap "hidden Gem" like Kambria, on kucoin..

we would all legit make a million dollars.

Only need a few people, its so small.
"

Here's a question: Why is trying to buy dogecoin like dragging my balls through broken fucking glass?

>>26958468
Split up the profits into ETH,Link,Uni, physical gold or silver and last but certainly not least buy the best meal you've ever had in your life. Do not buy vidya, cars or spend it on any vaginas no matter how cute he is.

>>26958598
Never used Bit or Krak so can't say, but i can say for certainty don't use robinhood, they pulled their masks off this week.

>>26956763
Search on the internet the terms you don't understand, take your time, take breaks, you are still very early anon.

I am hyper neet - mom did everything for them but now Im alone.

plz how do I do crypto tax so Gods Chosen wont take me to ass rape prison for being lazy and retarded

Have an order for 20 NOK tomorrow on TDA and just bought 0.07 ETH via Coinbase. I may be brand new to this whole thing, but my father has made good money in the stock market, so that same blood runs through me. We will all make it lads.

>>26958976
Buy BTC
BTC > Binance
buy using DOGEBTC pair

Use 38645107 on binace

>>26958258
Is there a situation where it makes sense to run a mining setup off of a gas-powered generator?

Also, is it worth it to chase pump and dumps provided you don't get sucked in to the hype in the telegram and actually cash out at ~2X? That was my biggest lesson in the relatively short time I've tried trading crytpo, I would buy in knowing full well that it's a pump and dump but then I'd actually start believing when I'd see the excitement in the telegram

>>26959904
dude i literally have no fucking clue what you just said

>>26959620
Remember your buy price and date and sell price and date. If you dold at a profit report it as earnings. I will however say this, if you pick the right projects you'll never sell. You will stake, pool and lend these coins instead to generate income for life.

>>26952277
>this weekend
You can buy and sell on weekends?

>>26955079
Why do you want to move your coins off these places and into a wallet?

>>26959862
Keep DCAing, keep learning, stay fit, and good luck.

>>26959980
???

Where's your issue?

>>26959980
Get btc through a normie exchange, transfer to binance and then buy the btc/doge pair.

>>26960227
dude i got this fuckin wallet thats been syncing for 7 hours, ive signed up for 50 different trading sites, ive verified on shapeshift 16 million times, and this fuckin dogeshit has gone from 0.02 to 0.07 in like 3 hours and its all so fucking slow and confusing but brain move fast and scared

>>26951619
Best app for a newb?

>>26959977
Maybe, not sure how the neighbors will feel hearing brrrrrr all night. I recently ran a 7k generator and had to fill it with 6 gallons everyday, about $20 in fuel.

>>26960145
24/7, it's beautiful

>>26960172
Please lol

>>26951619
Give them the proper guide:
>1.Buy Kneepads
>2.Suck dicks
>3.Throw everything into high risk Uniswap coins.
>4.Make enough for 1k LINK.
>5.Sell LINK at 1k each.

In the entire crypto sphere, there is not a token that is as undervalued as LTO. Both technically and fundamentally. It does the same revenue as VET yet it is 1/15 the price. The price realization move here is going to be fucking insane.

LTO Network
>Lots of adoption and use-cases in enterprise
>Partnered with IBM, United Nations, AIRBUS, Dutch and Euro gov bodies. Already paying and using the service.
>Q3 Oracle collab with stinky linkies for digital ids (kyc for businesses when doing defi)
>Top 10 in transactions, revenue generated and best price per sale (p/s) ratio at a low mcap 60mil. https://coinstats.network
>50% of circulating supply staked, rewards come from client companies using the service (transaction fees)
>Deflationary supply. 0.1 LTO burn each transaction.

>>26960172
Only you have the keys to your wallet (unhosted) versus them holding the keys or in actuality they have an iou saying we owe anon this specific amount of crypto.

fag here -

I bought some Ethereum and a little bit of Bitcoin years ago. I had a friend help me set it up. I'm using Poloniex but I can't remember how I put money (fiat?) from my bank account into Poloniex. I have a .pdf with a QR code with an address and private key as well as another document that starts with UTC and is very long with random letters/numbers. I can't quite wrap my head around how Poloniex, my wallet and then my brick & motar bank work.

How do I go about getting more money into Poloniex?

can i use more than one crypto exchange?

>>26960853
Does this in practice ever matter? It's like debt, isn't it, they can't ever actually fuck you over?

>>26960917
Yes, why not.

>>26960449
Coinbase, they give you a bunch of free crypto for taking 80iq crypto quizzes.

How should I improve this portfolio? I'm hoping at least one of these will moon in the near future

>>26960853
Time will tell, just better to have control over your own coins once you get confident enough.

>>26951619
I bought and delegated some GRT. Is there any other coin that has future use at a decent buy in price that can be delegated? Thanks!

>>26961067
UNI will start paying out fees to holders soon, take a look at it and see if it's something you're interested in.

on behalf of all the newfag retards, myself especially, I'd like to apologize. this stuff is scary and hard to learn quickly thank you /biz/raelis for assisting

>>26961306
Look into TrueFi, they are making real money loans to large institutions and you can stake and get the interest from that loan. Nobody really knows about it yet, which makes it a possible moonshot.

is there usually a dip in stock prices after opening when it's best to buy or is it only under specific conditions?
do i use a market order or a limit order to buy during a dip?
what should i use to trade cryptocurrency?

>>26961619
It can be very scary and intimidating, that gets better the more you lurk and learn. We all started out this way. It's changed my life for the better in many ways.

Brainlet here, Never traded, but eager to be educated.
I have several questions


1. What allowed Melvin and the other funds to short GME beyond the amount of stocks in circulation?
2. Selling what you don't have - how is this legal?
3. What tangible good does short selling do for the economy apart from keeping traders employed and investors happy?
4. Are there metrics that can tell if a stock is being shorted without resorting to insider information or news/hearsay?
5, Are there services or trading platforms whose primary product is to tell people "hey we noticed this stock is being shorted, maybe you wanna antagonize and go long"?
6. Can such a platform make lucrative money? Will it be considered unethical?

I’ve never used the stock market before. I have about a grand to throw in a meme stock just for the thrill of maybe making some money. Is there an app I can set up tonight so I can buy GME tomorrow? What should I do?

>>26951619
I want to start slowly buying some crypto just to and hold on to it slowly, Im from canada whats the best way to purchase and store it? if anyone has any guides or any insight it would be helpful

>>26961733
CAN I GET A SOURCE ON THAT BOOBA

best/safest wallet for crypto?

>>26953237
what's the difference between having it on coinbase and your own wallet?

This guy told me about polkadot being good in the future, any opinions on that? I'm extremely new to all of this

I have 20 dollars, what should I buy right now with it on robinhood
pls answer

>>26963707
>robinhood
no

>>26951619
I'm using Coinbase, but notice many shitcoins are not on there. Also I don't see an option for auto buy/sell orders. Where is best place to buy with those features?

How the fuck do I do anything as a mexinigger? Nothing is available

Canadafag here. What's the best/most trusted site or app to purchase dogecoin through? Needs to be same day purchase, tired of waiting 3-5 business days for it. Is there an app where it's easy to buy and easy to sell? New to all of this. What do I need to do to purchase dogecoin?

Is running a self hosted crypto trading bot viable for slow gains? What is to expect?

I want to put some money towards the apartment fund, let's say 20k euros this year, what are my options? I am always late to the party like gamestop and dogecoin.

Thanks, noon europoorean here

>>26966489
Poor europoorean*

First time crypto buyer. I just bought ETH on KuCoin. I spent $300 but only got $283.08 worth of ETH with a $3.12 transaction fee. Where did my other $13.80 go? The charge to my bank was $300 flat. This shit looks really confusing to get into. I'm sure it makes sense when you learn it but it took me about 15min to figure out how to buy and trade ETH.

>>26951619
What is the best way to trade in crypto? I apologize if this has already been asked.

Best buying trading methods ? Robin hood sucks and won't connect to my credit union. Just opened Fidelity. Using cash app at the moment.

>>26966489
>how 2 make infinite money machine??

God you faggots are going to get so rekt, and the funniest part about it is you're still early. I am going to laugh my ass off shilling you garbage pump and dumps. Where do you people keep coming from? Why do you never learn?

>>26969383
Optimistically said yes, exactly my question.
More pessimistic options will be considered too

>>26965139
Coinbase pro let's you put in limit orders, what do you mean by auto buy and sell? And for shitcoins, a lot are on exchanges outnofnreach of the US if you're there, binance has a lot. Anyone can get them in a decentralized exchange like uniswap but this isn't really newbie friendly and the fees may shock you