/biz/ - Business & Finance

Sold my neo at $17. Biggest crypto mistake ive made so far

>>3052110
dude i sold neo at 7 when it was ans. i would screenshot it but bittrex deleted history of ans. i had 1000...

>>3052096
Pretty good bud. Hold and youre all set.

Reeeeally considering selling my Aragon. It's weighing be down like a motherfucker

Nice holdings OP. Like you, I am big on omg, dnt, neo and bitcoin. Unlike you, I have a good bit of ETH and EOS too

Got in on NEO at 3$

>>3052110
>>3052122
You could do worse - you could sell OMG at $3 and then put that money into SIGT

Sold my omg and gas to buy 0x in a few days. Please reassure me that im not making a mistake.

>>3052110

weird choices except dnt, omg and maybe lisk. what the fuck is xem supposed to be

>>3052195
newfag. also georgia here 678 waddap

>>3052182
anyone that knows what 0x is knows that you aren't making a mistake

>>3052210

buckhead here my nigga. 404

Not a bad day

Finally back in the one-comma club. Thanks for all of the shills anons!

>>3052230
>>3052182
The 0x tokens don't do anything valuable... And they said they aren't committing to exchanges

Guy is streaming about NEO in 20 mins
Fellow Biz/Tard for real

https://www.youtube.com/watch?v=SOKPIal5c0M

>>3052244
respek

OmiseGoy here. See you on the moon, faggots.

Average buy for ARK is at $.50, gonna enjoy the rise to $2.00 in Q4 and the 3x on OMG, will dump the profits into IOT

Slow and steady :)

We are the NEOmarines

>>3053203
Nicely done. This is my short term goal. 200k

Pretty good gains. Started with $650.

>>3053345
hmmm 2387% gain, in one day? I believe it

>>3053364
That's dollar amount, not percent gain.

>>3053378
oops

I just started, hopefully I can invest any profits I make from my drop shipping stuff into here

Thank you to the anon who posted about XRL when it was .05 cents.

I put $55 dollars as a hedge.

>>3052326
>don't do anything valuable
at least read the whitepaper dumbfuck

0x isn't DNT, they actually made the tokens purposely valuable

Am I going to make it?

What's the best way to get Bitcoin in your Bittrex wallter? Is it cheaper to buy bitcoin from Coinbase and send to Bittrex or buy ETH or LTC and then send to Bittrex and convert to bitcoin?

>inb4 using Coinbase

>>3053402
Good call on IOT, I would honestly keep putting money into while it's still below $1. Consistent growth with high volume, I predict very great things from this coin in a year

how do you guys even do this
is there a place to learn me some?

>>3054015
Keep posting memes and I'll post a guide I wrote for a similarly lost anon

>>3054053
what flavour you want senpai

Rate me like one of your french girls

Missing 4k in Tierion cause it hasnt started trading

>>3054053
I suppose this one could fit lots of people on /biz/, if the pink posters are anything to go by

>>3052280
what are XRL tokens used for? buying time on their algos?

>>3054053
please respond

>>3054275
I'll get back to my desktop in about 30 minutes, bump the thread every 5-10 minutes

>>3054103
>4200 IOT

I am so fucking jelly

>>3054301
Dude please just post it

What is this shit ur making this poor guy do

I'm pretty much set at this point

>>3054312
I'm not home yet my man, I'm just trying to get something enjoyable going to keep the thread alive

Blockfolio is a nigger and doesn't seem to work on my phone, but I have:

13.97 BTC
85k RNS
4.5 BCC
146k SFC
2.8k POSW
95k 2GIVE
685 PASC

>>3052280
100% of the profits from the trading bot and market maker fees will be payed out to tokenholders.
If you hold 0,1% of all tokens you will be payed 0,1% of the total profits.

>>3054397
>>3054171

>>3054321

Am I doing this right?

Got in ANS early, extremely lucky.

Bought ans at 5, 7, 9 and a little at 34 ish

>>3054463
no point in splitting 400$ among all those coins
pick 1-4 winning coins

>>3054301

Bought at 7. Sold all my shitcoins and Fomo'd along the way. Started with 3500.

>>3054608
ETA 10 minutes

Dear god, get me out of SIGT.
>Not pictured because I'm ashamed: RDD bag

>>3054661
you are savior man

>>3054661
same as this guy

Part 1

So, before you get into Crypto you're going to want to know that it's like the wild wild west of investing. The vast majority of the market is driven by speculation and promises of software delivery, as opposed to actual product, so you should anticipate violent fluctuations in your portfolio on a daily basis.

Here are your initial steps:

1. Create an account on Coinbase.com
2. Create an account on Bittrex.com
3. Download the smartphone app "Blockfolio"

Once you have these things done, look online for a bitcoin wallet. A wallet is software that stores your cryptocurrency values, i.e. where all your investments are going to be stored. For bitcoin, I prefer using electrum- it's simple and intuitive. So download electrum; installation should be pretty straightforward. Save your password (and your other wallet passwords) on physical pieces of paper OR you can use a software called Keepass, which is pretty useful when you have multiple wallets with long passwords.

Once you have your BTC wallet set up, you're going to want to go to Coinbase and buy Bitcoin with a credit/debit card. You'll have to establish your card as a method of payment first, pretty straightforward. Once you have BTC in your account (your bank might throw a fit first, because to them using your funds to a cryptocurrency trading site is sketchy), send the BTC you have to your electrum wallet. The address you send to is the long string of characters you see in Electrum under "Receive" tab. Make ABSOLUTELY SURE that the address is correct, or else that BTC is gone. Once the BTC is deposited into your electrum wallet, go to your bittrex account -> wallets -> click on the + sign for Bitcoin, copy the address for that wallet (another long random collection of characters), go to Electrum -> send to that address you see on Bittrex

Part 2

The more interesting part about all this is picking what coins you want to invest in. In the cryptocurrency space, there are two types of coins: mainstream, stable coins (BTC, ETH, LTC) or smaller, riskier coins known as alt coins that have higher potential returns. When constructing their portfolio, a lot of people like to go 50% stable coins, 50% alt coins. I personally went 100% alts because my portfolio money is money I would have used gambling, but I quit gambling after a particularly bad run in Vegas earlier this year.

Investing in stable coins is pretty straightforward. I would consider picking ETH as your stable coin, because of it's massive growth this year- it indicates that it'll be over $1000 in 1-2 years, which is a nice and steady 2-3x return on your investment. Investing in altcoins, however, is far more interesting. My general guide for picking alts is browsing the /biz/ catalog and seeing what's shilled, then going to the website for each alt coin and reading their whitepaper/what their coin does and what it plans to do. I then go to reddit and find the subreddit for that coin and read the general information posts they have on the coins there, then I check twitter for tweets on that particular coin, and finally I look up youtube videos for each coin. /biz/ is about 50/50 on shilling good coins; NEO, OMG, ARK, IOT, XMR have all been excellent buys. But for each good buy /biz/ shills there are also slightly bad buys (BNT, CFI, RDD, XVG, DGB) and also some absolutely awful buys (MYST, KIDSCOIN). It all comes down to your own research and very carefully picking the right coins.

Part 3

Once you know what you want your portfolio to look like, go to Bittrex, go to the BTC markets, enter the symbols for the coins you want to buy and open a buy order. This process should be fairly intuitive but if you're having difficulty google a couple youtube tutorials for buying on Bittrex. Once your buy orders have filled, make sure to download wallet software for each coin you purchased and move your coins from Bittrex to the wallets; DO NOT LEAVE THEM ON BITTREX because on Bittrex your coins are only listed as IOUs instead of coins you actually own and you will not have actual ownership of said coins until they are securely in their respective wallets. Once your coins are in your wallets, check out blockfolio and add the coins + quantity so you can track their price over time. Good luck!

>>3052304
Good to see others in the black. Congrats, anon. The rest of us just need to be patient, frankly.

>>3054749
I have 6000 SIGT @ 4850....

>>3054846
Don't panic. Whatever you do, do not panic. Panicking genuinely shifts brainpower from forebrain to midbrain, making you act like a nigger. When acting like a nigger, you forget about long-term consequences and worry about short-term reward or result. Acting like a nigger in financial matters is highly destructive, and will lead to bankruptcy if left unchecked.

SIGT will pump once again, inevitably, either to or above what you paid. Set a sell order for the amount you paid, and forget about it.

>>3054806
question, is there a recommended minimum to how much bitcoin I should buy, for I do not have nearly enough money to buy 1 bitcoin

Hmmmm i wonder how this will turn out

>>3054897
Probably very well.

>>3054882
What the hell is the matter with you? I bet you're a pasty, scrawny weakling who barely sees sunlight.

what should i do with this ETH?

Ive been waiting for one more big pump, but i dont know if its gonna happen.

I regret not moving 20 ETH into NEO a couple weeks ago like people were telling me to

Jesus how do I start a portfolio? All the different programs are driving me fucking insane. Is there a how-to guide somewhere?

Pretty much a newfag in terms of crypto. Am planning on buying dnt tomorrow. Would this be a good buy? Not familiar with purchasing these altcoins as i only use coinbase, can anyone lend a hand to a newbie in crypto pls

>>3054895
You don't need to buy 1 bitcoin. You can buy how much you are willing to invest/speculate with. Same with alt coins

>>3055041
send coins to Bittrex to trade for alts. And please get rid of that LTC. go buy CVC or something

>>3054951
I have the same amount of ETH. Not sure what to do.

>>3054951
dude wtf, dump that shit into NEO right fucking now. I dumped all my ETH into NEO at $20.

>>3055084
Ok.. Im putting a bill into my bank account tomorrow and am looking into getting district0x and singulardtv coins. Are these good buys in your opinion?

Started with $300
Bless NEO
>>3052142
Hi
>>3052357
>going all in on a coin near ATH

Is it time to dump NEO and diversity yet? thinking DNT & Waves

Thoughta on nexus and civic ?? Looking for next Moon and want to buy now while these are still low and hodl for a few months.

>>3055224
diversify*

>>3055202
I would go OMG, or maybe even CFI. or just go Neo like everyone else

>>3052142
>4CHN
What the fuck?

Thank you biz from the bottom of my heart you told me to go balls deep in ans and now I'm here. Thanks guys it means a lot for a poor fag like me.

>>3055243
And the other screenshot

>>3055243
dont get cocky and remember this is all speculative - watch the price, news and developments and be ready to sell if shit might be going south.

>>3054846
Oh...I'm sorry, anon. I just sold it at a loss, thank god I only threw in $175 into it. Lost about $75, but fuck it. Put it into BNB instead.

>>3054329
Just buy a new phone u are already rich my men

>>3052096

portfolio really shaping up lately. I too regret neo, but honestly I still feel hesitant to consider investing in it cuz im just not seeing what it provides other than MUH CHINA

pump and dumping STOX before round 1 of mayweather mcgregor

>>3055224
Wait for it to stabilize its gonna easily be $100+ by Q4, personally Im holding with platinum fists but you should still hold until its peaked

Decided to invest more, it's funny that this portfolio has almost more than my bank account, but I'm glad to get in on crypto as an 18 year old and make gains and not to buy the nicest car or newest phone like it seems most people my age do.

>>3055235
Thanks bro. Once i get home from work ill look into all this and invest accordingly, wish me luck haha

>>3055202

Singular DTV is primed for mooning right now. Gonna explode next week. I already got mine.

>>3055330
Good luck. But most importantly, do your own fucking research.

>>3055259
Yes I'm watching like a hawk what price would you abort neo at?

>>3054806
>>3054815
>>3054821
Not the guy that was originally interested, but thank you so much for posting this. I actually have enough money for 1 BTC saved up, and it's nice to know that I'm on the right track. I'll be buying one whole coin for holding purposes, and then additionally buying some alt coins I find interesting and see where they take me.

>>3053203
THIS. Except why hold ETC when already heavily invested in ETH?

>>3055349
Yeah, definetily. Im on my phone now so im not really able to do it... But once i get on my computer you bet ill be reaserching the shit out of these currencies. My goal is to finish school with atleast a 10k profit.

What should I buy? Started with $500. Planning on putting another $1500 in.

>>3055425

thoughts

>>3055525

By December you will be a proud 911 owner

Serious

>>3054897
Besides that Chinese memecoin you've got a great Blockfolio good choices

>>3055041
Skip DNT and go for ZRX

I was a big shill for dnt but really their token does fuck all

>>3054882
underrated wtf is wrong with you

This reads like a movie script

>>3055617
lol BNB isn't a memecoin it's actually really fucking solid.

I thought it was a shitcoin at first but after reading their whitepaper it all made sense and I'm now balls deep in BNB: https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf

Somebody kill me.
It's too late for me

Got Neo around 5

I had 18k AMP until I decided to diversify today.

Never go balls deep in a shitcoin, lads

>>3055660
i was talking about neo you goof

Going all in on Asia since they missed out on the initial hype and will now pump mad money in domestic projects. Started out with 500€ a month ago

>>3055556
911 owner? Porsche?

I started with 1000 usd in January, but I wasn't using portfolio back then.

Slow and steady ALWAYS wins the race folks.

Literally unstoppable ;)

>>3055865
what did you buy?

>>3055877
At first I started doing A LOT of flash trades, but my most succesful ones were ETH, XVG, NXS because I managed to enter some time before the Bitcoin big bull market and the pumps. Currently I'm still holding ETH and I bought a lot of BNT + some STX, because the setups are pretty obvious.

>>3054882

Invested 80$ bought like 5 ans and a lot of useless shitcoins, but then i did stupid shit when bcc arrived and lost all my money, then invested 80 more and bought neo at 17$, welp i'm glad that i invested a small amount of money, now mistakes were learned. Now my hands is sen.Armstrong-tier

So many people missing Bytom from their wallet and instead relying on
>memefactory

You're in for a rude awakening

Thanks to the people that told me to invest in Antshares.

Completely new to crypto. Any help to get me started?

:^(

>>3056794
Scroll up fucktard

Someone posted a guide to getting started on crypto in this very thread

>>3052173
Why on fucking earth do you have EOS.. Jesus that's the biggest fucking scan to hit crypto xD

>>3052173
Why on fucking earth do you have EOS.. Jesus that's the biggest fucking scan to hit crypto xD

>>3054897
OMG will be one of the most relevant coins of 2017.. You are doing it right bud.

>>3056779
Nice.

Please send me some neo fellow NEOmarines :(
AKJz9nUxsaJpeed6B3eyYvjr7JCh43DWs8

>>3052096

Started with $380 pls rate

>>3054821
>>3054815
>>3054806
>>3054815
If i was a fag id suck your dick right now.

Past month:
>up 35% on portfolio's dollar value
>down 25% on portfolio's bitcoin value

feels eh man

>>3054806
>>3054815
>>3054821

I appreciate the very well written and easy to understand shared knowledge

>Single digit millionaire
>Tfw not even the 1%
>Not enough for private banking
>Ahead of normies, not yet part of the elite

Babbymoney.jpg

>>3057640
Damn

>>3057640
can crypto be transferred back to paper money?

If so, what is the best method?

hey rich guy .. prove it and send me 1 btc.. ye thats what i thought ..

1C46EcRXHkoxC14v1Kwt3c241snob37sNH

Started mid june as soon as i found employment

>>3057694
Didnt reap the benefits of july too because im an idiot

>>3057689
sent ;)

>>3055317
No worries my man, will gladly part with my remaining eth to buy up your stx.

>>3057640
Enjoy your useless money you will never actually have lol. It's the reason I stopped at 20k, it's nothing but a game

>>3057796
>implying you can't withdraw

>>3052096
Ok I've just set up all of my wallets and stuff and have 600GBP work with, I'm going to put 3000 in BTC and 1500 in OMG, what should I put the last 1500 in? and are these good investments?

I lucked out with neo at 4.5.

>>3057788
Your going to make so much fucking money.

>>3058127
can you really withdraw that much money?

am i gonna make it?

>>3057796

I hope you're joking.
I got in to crypto in January (started w/ ETH @ $9) and have already withdrawn ~$30k into my bank account thru GDax ACH transfer.

>>3058186
Thank you brother, i have faith we will all make it with time.

>>3054806
god bless you anon

>>3058189
are you fucking stupid?>>3057685
like seriously are you really really really really fucking stupid?

OF COURSE IT CAN THATS WHY WE DO THIS WAHT THE FUCK?

>>3052096
Hi, long time channer here, interested in finance.
I find /biz/ to be very little noob-friendly, especially for those of us who know jacks hit about crypto.

What is this app, how does it work? Do I manually add transactions I have made other places into this app to see what's going on with my crypto-folio?

pls halp

Started with 2 made it into 3

>>3058779
I got it to work, just bought 0.1 ETH August 4th, but is the price updated minute-to-minute?

It seems tacky to manually add transactions like that but what do I know.

As for learning more about crypto and all of that, are there any sites, resources stuff like that I can use? Should I just lurk here? I've been doing it for a while but I can't get my head around stuff and since it seems a bit complicated, I'm becoming mentally claustrophobic with 4chan's look.

Too bad there is no noob sticky thread. I have been playing around with a lot of 100k folios for the fun of it and normally they outperform the market regularly. So I think I could get the hang of this. Hopefully.

I bought my ETH from coinbase, what is the best, what is trusted? what does not shut down when there are volatile times?

>>3058716
I'm quite new to this game, how would you go about withdrawing?

I've been checking this board out for a few days now because it get me interested but honestly it really seems like it's just not real, monopoly money on a screen. Hope it isn't because I'm planning on investing about 1k soon

>tfw too dumb to understand cryptocurrency

As desperate as I am for money, i'm too scared to get into it since I have no idea how any of this work. As far as I can tell it's essentially gambling, and I'm worried about the risk of losing everything too try.

Congrats to everyone making money off this. I wish I could have joined you.

>>3058954
you sell your coins for real money to someone who wants to buy coins with their real money. when you "invest" all you're doing is buying someone else's monopoly money because he wanted to cash out.

and yes, it's not real. people make money here by speculating on someone in the future buying their shit for more than they bought it for. when you're buying crypto you're not buying stock of a physical company with revenues.

no offense but if you're looking to do stuff with your money you should at least learn the ultra-basic stuff first

>>3058994
none taken, I really don'T know shit yet but I'm interested and finally at a point in lief where I have a steady income and spare money.

I'm trying to get my head around what the use of bitcoins are, the only thing that comes to mind is that it's used as currency on the deepweb, which I assume is what makes it valuable. Does it serve any other purpose?

And how do you actually withdraw cash? Like, turn this monopoly money into paper money

>>3057685
when you have that much btc coinbase will work with you to drain it over time so the volume doesn't affect price, then just make sure you're good to go with taxes

>>3058916
>It seems tacky to manually add transactions like that but what do I know.

There's sites that has automatic API sharing so you don't have to manually add it but that's often a Premium feature.

>I've been doing it for a while but I can't get my head around stuff and since it seems a bit complicated, I'm becoming mentally claustrophobic with 4chan's look.

Crypto-currency itself is steeped into relatively high-level mathematics, programming, cryptography, networks, etc. but trading itself is pretty easy and can be picked up with any Finance 101 course. Investopedia is the staple for the real easy terms and basic principles, which is really all you need.

>>3059034
the use for crypto-currency is as of now speculative. it's steeped in theoretical applications. Bitcoin is the most valuable coin because it is the most widely known and therefore the one with the most applications.

the biggest advantage of stuff like bitcoin is obviously its privacy which is why it's notorious for being used on the deepweb, as you know. there's other advantages to it but that's kind of hard to explain without delving into the way currencies in general in the modern world work.

>And how do you actually withdraw cash? Like, turn this monopoly money into paper money

The same way you turn your current paper money into monopoly money, except backwards. Normally it should go like this:

>you transfer money from your own bank account to the exchange (think of this like your trading account)
>you use the money on your trading account to exchange for crypto at the market rate, you now have crypto in your trading account
>you keep exchanging on your trading account between various currencies at the market rate, going back and forth between real money and crypto
>eventually if you traded well you have more real cash in your trading account than you originally wired to them
>you then tell the exchange to wire it back to you

>>3059034
get a coinbase account, get verified. get an exchange account, get verified. don't put in any more than you're willing to lose. hodl eth and do research until you understand more stuff then do your own research on promising altcoins

>>3058954

It had no physical value on it's own, if you turned off all the computers in the world, you'd never be able to use your 'coins'

So yeah, after the next world war you're probably not going to be worrying about your paper wallet as much as your leather one, but for now you night be able to make some easy cash from the fad.

>>3055326
ya man, good stuff, keep doing great work. You will have 2 million by the time you are 21.

Deleted my blockfolio for now, shit is distracting

>>3058779
>>3058916

>>3054806
First off, why coinbase, why bittrex? Why not something else? How are these aforementioned sites the ones you suggest?

About wallets, are there any that can keep multiple currencies and not just one at a time? For me it's too late I think to get into BTC, as I don't have that much money to play with since I'm a student. ETH looks nice (maybe NEO and IOT seem promising).

Since I'm not going for bitcoin what would you suggest for ETH? I would have to have 10 different wallets for a diversified portfolio, so isn't there a universal wallet or something?

Should I keep my local wallet contents on an external HD since I'm the most paranoid person on the planet?

Cheers

>>3059177
>>3059172
Thanks guys this summed it up pretty well. I think I'm going to go in with 200 yurop money and see what I can make happen.

I'm surprised there's a board on here where people don't just shit all over each other but help instead

>>3059218
Coinbase and bittrex are among the most used exchanges, which means there's more people buying and selling, which makes them the fastest with the most accurate prices. What's the best place to sell your stuff, a small market in a shitty village or the real busy marketplace in a big city? Where would you rather go?

There are some wallets that hold multiple currencies, yes. However keeping track of multiple wallets really isn't that hard. Just keep all the shortcuts in one folder and name them for whatever crypto they hold.

Bitcoin and most crypto is fractional meaning you can buy very small percentages of one BTC. It doesn't matter if you can't buy one bitcoin, you can buy 0,00001 of it and still make the same profits or losses in percentages.

>>3059307
First trade I made was for 50 euros, starting small (whatever small relatively means to you) is always a good idea when it comes to stuff like this.

>>3059034

>this monopoly money

Oh boy, start researching

>>3059342
that's what i'm here for guy

Nothing because I'm too poor. Good luck on your lambos brothers

>>3059479
if you got 100 dollars to spare, you could enter
looks like half the people here started that small

Nothing to see here

Need ideas for pump and dump coins

Got in ETH at $25 in March and rode a few waves

I had over 11k ANS in July but sold at various points. Biggest mistake by far.

Anyway gone balls deep in OMG can see this hit 20 atleast eoy

>>3053203
jelly

>>3055223
Started with $1500. I didn't buy near the ATH faggot.

>>3059708
Nice anon. I'm on't holding 425. 'Mirin your stack.

ARK and EDG both went up nicelytoday. Aside from FCT all my coins have doubled my money. Just wish I didn't get stuck holding edg so long. Not a bad coin but slow starter like Ark but Ark is better.

>>3052110
lisk should be rebranded soon and had real work behind the scenes, really looking forward to its growth and I sold neo at 52, no point in holiding it, opportunity cost wise it cant go that much up, good for keeping value tough and omg I like, other not so sure

>>3052096
Can I get a quick run down why I should invest in DNT, OMG and IOTA?

do you enter your transactions manually with this app or can you sync it with bittrex for example

made my first buys to hodl today, thoughts?

R8 me m8s

>>3055229
Nexus has a very intelligent lead developer. The whole 'blockhain in space' concept doesn't make sense to me but it has some potential. Also, he wants to improve/add to btc and is not aiming to replace it a a coin like other alt's. I think they have some news coming in September..DYOR

Kinda want to buy some Neo. I'm a long holder all the way. Should I do it?

>>3060795
probably bought BTC at the wrong time desu, it's likely going to correct downwards

>>3061143
sorry first buy in alts, bought BTC when it was sub 3k and another $50 in around 3.3k, total investments fiat wise is $168 since i started putting in

>>3052162
Will XEL rise again?

>>3057788
Is STOX that hyped? The Mayweather fight will bump this coin 2-3x ? Hard to believe.

>>3061165
ah nevermind then :^)

pretty good investment, when i start i bought fucking Ripple

>>3057788
I like this folio. I like it a lot

>>3055525
Don't put all your eggs in one basket

>>3060813

Spread too thin

>>3052096

bros these bags are highly explosive

im scared, someone hold me

>>3061438

forgot pic. a-am i gonna make it?