/biz/ - Business & Finance

/comfy/ thread
I hope you like my OC. Although many coins are in the red, there is still enough room for optimism! Remember that HODLing is the best solution for making profits. Don't fall for the daytrading meme.

->If you want to make it, pick out SOLID investments. Don't buy into every other coin that is shilled on /biz/. This board is very good for picking up rumours about projects and potential gainers but don't follow advice blindly.
On the other hand, I made a thread about NEBL a longer time ago. warosu.org/biz/thread/5039077
People didn't even bother to look up the name of the project. Being comfy doesn't mean getting the best gainers and "100x coins" spoonfed by this forum. It means sitting down and doing research about the idea behind the project, reading articles and maybe even skimming the whitepaper.

->Don't store your coins on exchanges for a long term hold! A friend of mine spoke around about crypto (1. mistake) and one of his fathers friends wanted to invest in it. The easiest way for him to do so was to give my friend 35k€ and tell him to invest in "crypto" (2. mistake). As a result he has a portfolio he knows nothing about (3.mistake) being held on Bittrex and Binance (4.mistake).
Think about Mt. Gox, you have to take the time to download the wallet, let it sync and put your coins in safe storage, because they deserve it!

->Yes crypto is gaining adoption but that doesn't mean normies are stealing your investment potential. Apart from most of them only having contact to BTC,ETH and LTC, they don't understand what immense disruptive potential the blockchain has.
If you speak German, maybe you had contact with this wonderful piece of music https://youtu.be/KWCuqxg2ZxU
They see it just as another "thing" like playing Pokemon Go or making Vines.
At least I think that it is like that. If you don't agree, just tell me that I'm a fucking brainlet pajeet nigger shill in the comments.

Stay /comfy/.