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/biz/ - Business & Finance


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5197696 No.5197696 [Reply] [Original]

Newfag normie here. Just getting into crypto. Only have $500.00 to spend. Should I even bother to try to make it, or should I just accept I will be waging until I'm 85 years old?

>> No.5197732
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5197732

you should kill yourself

>> No.5197737
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5197737

>>5197696
85 years old is a most favorable age for being part of file number 13. The black hole is calling your name.

>> No.5197745

Youre gonna wage until 85 either way with that attitude

>> No.5197785

Just b urself

>> No.5197799

either start today or never start at all. your choice wagey

>> No.5197827

>>5197696
$500 isn't going to get your anything meaningful. Even dollar-cost averaging all you could every month from now on would be futile at this point.

Work on finding a better job. Work on a small business plan, your skills, etc. Walk away from here and never look back.

This is the most honest advice you'll ever receive. Should you get shilled into /biz/ shitcoins from here out, it'll be nobody's fault but yours.

>> No.5197848

Stop larping and get a life.

Even 4chan could fuck up a wet dream when it comes to a real discussion about making real gains with their own brand of faggotry.

>> No.5197908

I started with $500 in August. Just crossed over $7500. You can make it anon

>> No.5197940

>not working for the government retiring at 55 with full bennies and pension

>> No.5197947
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5197947

>>5197827
>>5197848
Boomers that missed the train, spotted.

Sour grapes, grandpa?

>> No.5197953

A thing called compound interest can still make you rich with strong hands

>> No.5197985

>>5197827
I started a couple weeks ago with 500 dollars and i'm up to almost 3k now

>> No.5198005

>>5197696

With that kind of money your goal should be to steadily buy in. If you can afford putting $100 a week into crypto, especially litecoin or ethereum. You should do so. Do not worry about making quick gains. The best thing you can do is buy and hold. Once you have made some money, then you can go into the alt coins. Remember, everyone is shilling here. Once you buy a coin, you automatically want others to do so because it will increase the value.

Do your research, take everything with a grain of salt. Never go all in unless you're okay with losing all of your money. This is basically like gambling, and the psychological effects on your mind are similar. Don't fall into the sunk cost fallacy, know when to cut your losses and don't get greedy. If you've invested in the coin and the price goes up by over 100% quickly, do not be afraid to sell and pull out. The higher it goes, the less chance it will go higher, at least in a fast time frame.

>> No.5198022

>>5197947
I'm balls deep in crypto, my guy. If this shit crashes I'll have nothing left.

Doesn't mean I can't spot luck when I see it.

>> No.5198054

>>5197696
600 dollars on start in July
~8200 now and it's after making some big mistakes.
You can do this.

>> No.5198100
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5198100

>>5197696
Are you techy? Start looking into mining. It's very profitable currently (about 100 days to get return on investment), and you won't get FOMO because if coins start to blow up again, you'll have some hodlings. Reply if you want me to elaborate on numbers

>> No.5198121
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5198121

>>5197985
I started yesterday with $3 and I'm already up to $50k

>> No.5198129
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5198129

>>5197696
>The higher it goes, the less chance it will go higher, at least in a fast time frame.

Spotted the Linklet.

Invest in good coins next time.

>> No.5198310

>>5198100
Mine what?

>> No.5198338

>>5197696
I invested with 475 two weeks ago, now I'm at 1.5k. Do it anon.

>> No.5198394

>>5198310
This calculator does a good job estimating which coins are most profitable at the time for any given GPU

https://whattomine.com/coins?utf8=%E2%9C%93&adapt_q_280x=0&adapt_q_380=0&adapt_q_fury=0&adapt_q_470=0&adapt_q_480=0&adapt_q_570=0&adapt_q_580=0&adapt_q_vega56=0&adapt_q_vega64=0&adapt_q_750Ti=0&adapt_q_1050Ti=0&adapt_q_10606=0&adapt_q_1070=1&adapt_1070=true&adapt_q_1080=0&adapt_q_1080Ti=0&eth=true&factor%5Beth_hr%5D=30.0&factor%5Beth_p%5D=120.0&grof=true&factor%5Bgro_hr%5D=35.5&factor%5Bgro_p%5D=130.0&x11gf=true&factor%5Bx11g_hr%5D=11.5&factor%5Bx11g_p%5D=120.0&cn=true&factor%5Bcn_hr%5D=500.0&factor%5Bcn_p%5D=100.0&eq=true&factor%5Beq_hr%5D=430.0&factor%5Beq_p%5D=120.0&lre=true&factor%5Blrev2_hr%5D=35500.0&factor%5Blrev2_p%5D=130.0&ns=true&factor%5Bns_hr%5D=1000.0&factor%5Bns_p%5D=155.0&lbry=true&factor%5Blbry_hr%5D=270.0&factor%5Blbry_p%5D=120.0&bk2bf=true&factor%5Bbk2b_hr%5D=1600.0&factor%5Bbk2b_p%5D=120.0&bk14=true&factor%5Bbk14_hr%5D=2500.0&factor%5Bbk14_p%5D=125.0&pas=true&factor%5Bpas_hr%5D=940.0&factor%5Bpas_p%5D=120.0&skh=true&factor%5Bskh_hr%5D=26.5&factor%5Bskh_p%5D=120.0&factor%5Bl2z_hr%5D=420.0&factor%5Bl2z_p%5D=300.0&factor%5Bcost%5D=0.1&sort=Profitability7&volume=0&revenue=24h&factor%5Bexchanges%5D%5B%5D=&factor%5Bexchanges%5D%5B%5D=abucoins&factor%5Bexchanges%5D%5B%5D=bitfinex&factor%5Bexchanges%5D%5B%5D=bittrex&factor%5Bexchanges%5D%5B%5D=bleutrade&factor%5Bexchanges%5D%5B%5D=cryptopia&factor%5Bexchanges%5D%5B%5D=hitbtc&factor%5Bexchanges%5D%5B%5D=poloniex&factor%5Bexchanges%5D%5B%5D=yobit&dataset=Main&commit=Calculate

>> No.5199297

>>5197696
yes but go long

>> No.5199635

400 to 2k since Friday. Only 2 pink wojacks posted.

>> No.5200015

>>5197696
What hot wallet should a normie who wants to get into bitcoins and crypto use

>> No.5200076

>>5197737
What am I looking at?