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/biz/ - Business & Finance


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14461201 No.14461201 [Reply] [Original]

where can i learn the basic and eventually gain a cent or two? I'm a total retard and know nothing bout crypto

>> No.14461250

>>14461201
Set up Coinbase Pro account. Wire some cash there (no more than you can afford to lose). Wait for a decent crash, like a 10-20% fall in BTC or LINK value within a single 3-6 hour period. Buy. Hold until you make sufficient profit. Sell. Repeat.

>> No.14461272

>>14461250
this is actually decent advice

>> No.14461300

>>14461250
Listen to this man, id go for LINK though

>> No.14461322

>>14461201
Go to investopedia and read about different market indicators like MACD, SMA, EMA, etc. Also you could watch investing tips on youtube if you learn better that way. Also lurk more you faggot.

>> No.14461339

>>14461250
thanks for the tip, i'll check it our. any other thing i should be aware of so that i don't waste moneys?

>> No.14461351
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14461351

>>14461201
I like to watch suppoman on youtube

>> No.14461371

>>14461201
Where are his ears?

>> No.14461402

>>14461339
Don't fall for /biz/ scams. Go to Coinmarketcap if you hear about some new coin that sounds promising; if it was below rank 500 before /biz/ began shilling it, it's probably a pump and dump. VIDT is the current /biz/ pump and dump.

>> No.14461421

i'll try to get into it and as >>14461322 said i'll lurk more, also i'll check suppoman out

>> No.14461466
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14461466

>>14461402
i'll check that out too

>> No.14461499

>>14461402
Link is the next pump and dump

See how easy it is to say random shit and not back it up?

>> No.14461519
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14461519

>>14461201
>>14461201
The easiest exchange to use is by far Coinmetro. Your grandma could use it. A monkey could use it. You can use it. They have all the essentials, bitcoin, ethereum, chainlink, and more. If you type in the signup code "Salt" when you make your account you'll also get entered into a raffle where you can win a bag of crypto.

Coinmetro has 24/7 live chat support so if you run into any trouble you can just click the support button and someone will assist you in just a few moments. Good luck! If you're looking on advice on what coins to buy I will say that I personally like chainlink, XCM, and BCH!

They do have a glossary btw https://coinmetro.com/glossary

Click on sign up in the upper right hand corner to make your account, and don't forget the signup code "Salt" for the raffle ticket!

>> No.14461552

>>14461519
assuming i'm smarter than a monkey, anyway i'll check that too, i'll see what suits me the best

>> No.14461558

>>14461339
Don't listen to him. 90% of traders lose money. Instead buy and hold good coins like LINK or XCM and then when you actually need money, sell for a huge profit.

>> No.14461571

Back to r*ddit

>> No.14461623

>>14461558
i was looking at some post, isn't link going higher? (please please don't kill me lol), should i wait it goes down and with some of my moneys wait for it to go up or should i buy it now and sell it eventually when i need it and f it goes up (so i sell it for more then i bought it?)

>> No.14461630
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14461630

>>14461552
They have an advanced interface as well. Might as well dump the whole thing if the simple shit isn't what you're into.

>Cheapest fees in the industry (MARKET MAKERS GET PAID TO TRADE)
>Fully regulated and based in the European Union
>Has the only Chainlink to Fiat pair on the market
>Regulated margin trading
>Best support in the industry, 24/7 live chat that, replies within seconds
>Liquidity providers on the top 5 cryptos
>Exchange token XCM gets burnt WITH EVERY SINGLE TRADE
>Grandma-safe interface
>Professional trader interface as well
>Buying XCM is like betting on the house, they are literally helping governments to write regulation on cryptocurrency, their recommendations went into law in Estonia
>By far the most transparent exchange, CEO does weekly AMAs on youtube and he's available in the telegram channel almost every day
>Charges no listing fees
>Dozens of fiat currencies coming soon
>Personal IBAN accounts for users coming soon
>Tokenized asset management coming soon
>BIG announcements coming soon

It's the lowest fee on ramp, definitely doesn't fake volume. which even with its low volume has plenty of liquidity due to their liquidity provider (you can buy 100 ETH without moving the price for example,) has no public API yet which means bots aren't trading much if at all yet, has an actual reason for the token to exist (which is a utility token not a security,) uses real money instead of stablecoin funny money, is completely transparent, has regulated margin trading, is not yet on CMC, Almost all 2017 ICO fellas have dumped at a loss and buying the bottom is satisfying, has unique selling points in the pipeline, (I think tokenised asset management is genius and is what got me to take the project seriously) and has a transparant charismatic leader. Use signup code Salt to get entered into an XCM raffle.

>> No.14461646

>>14461552
The most retard proof stress free strategy: dollar cost average into Bitcoin, wait a few years, cash a little bit out whenever you need monies

>> No.14461661

as I said i'm a total newfag and know as much as a toddler basically

>> No.14461678

>>14461402
What you need to be most careful of is telling the difference between genuine /biz/ foresight and desperate shills. ETH, Antshares, LINK, these were seen for what they were well ahead of time, and if you dropped just 1k of fiat in them when /biz/ first sniffed their potential you could be swimming in a lot of money.

However there were just as many shills trying to peddle dogshit scams like DBC or REQ, and many anons lost a lot of money on that shit because it LOOKED like /biz/ comradery but wasn't.

>> No.14461682
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14461682

>>14461623
If I were you I'd buy now and not sell before it reaches $100, possibly even $1000. You can try to time the market but you'd most likely get bogged, especially as a beginner.

>> No.14461697

>>14461552
don't fall for the coinmetro meme
fees are ridiculous

>> No.14461719

>>14461697
market makers are literally paid to trade man

>> No.14461765

should i buby and then learn what's the best moment to sell or just learn and then buying? 90% chances i'll get fucked without lube but hey, i can try

>> No.14461877
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14461877

>>14461765
learn by doing. you'll make some mistakes along the way thats ok just dont spend money you cant afford to lose. chainlink is as close as you can get to a safe bet, in the long term

>> No.14462229

how many moneys should i put in for link for example? if i were to buy them ofc.
would 500/600 be decent for a beginner, i've seen people own 18,500k euros worth of them (5k link). also how much should i put monthly? when should i stop investing?

>> No.14462259

>>14461201
internet live blackjack

>> No.14462306

>>14462229
How much can you afford?
How much risk do you want to take?
I guess never go all in, but if you don't your CLEARLY never gonna make it.

But it's up to you buddy

>> No.14462363

is 6oo enough for just some hundreds in gain? if it goes well i'll invest more and that would help me economically too (not a wagecuck but earning more wouldn't be bad)

>> No.14462472

>>14462306
>>14461877
>>14461201
Not that anon but I'm in the same predicament, I can put 10-20k on chainlink right now then I'll just hold and never sell until it goes really high. Should I pull the trigger or am I retarded?

>> No.14462551

good for you to be able to put 10/20k, that's like almost 7 month of work for me (if you mean euros)

>> No.14462760

>>14461322
>>14461201
DON'T DO THIS.

those indicators might work for regular stocks, this is crypto though.
>crypto doesn't know fundamentals.
>crypto doesn't know technicals.
>crypto doesn't know logic.
>the only things crypto knows is hype.

the problem though is that you need to recognize potential for hype. depending on the amount you invest I would stick to the big coins the larger the amount you invest.
BTC will 2x
LTC will 3x
ETH will 4x
withing the next few months i.e. EOY
crash Q1 2020

don't take investing advice from youtubers and others in general (bagholders always shill their coins, always especially on biz, because of the generally low IQ)

the point is. sometimes biz has good shitcoins for 2x to 10x but it is your job to recognice pajeets and a legit project.
also get used to seeing any project that you are not invested in go up 100% in a day, or 5x in a week. in a crypto bull run everything goes up except your little shitcoin. the trick is to not FOMO into pumps, wait for your coin to pump if it is solid enough.

the only currency in crypto is HYPE and if a coin is marketable, stay away from projects that are tainted with bad luck, even if they are fundamentally sound like harmony one.
also
>read whitepapers before investing, try not to FOMO in

good luck, been here since July 2017

>> No.14462796

>>14462760
thanks for the advice

>> No.14462809

>>14461678
Didn't Antshares kind of come out of nowhere? Like, a handful of people promoted it but not too strongly, then out of fucking nowhere it 10x'd

>> No.14462853

>>14461623
oh god this sounds so bad....
please listen to >>14462760
I feel like you are getting burnt no matter what. you are too naive right now. some people need to learn the lesson themselves and lose everything. from your posts you seem to be of this kind. learn what a blockchain is please.

>> No.14462915

>>14462809
ant shares did a 100x

>> No.14462923

>>14461201
cryptotraderstv