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/biz/ - Business & Finance


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21763114 No.21763114 [Reply] [Original]

I only have $1250 to my name, how do I make it

>> No.21763150

>>21763114
Buy XRP. Come back in one year. Congrats you are now a millionaire

>> No.21763193

>>21763150
>put money on xrp
>get dumped on by ripple
congrats anon, you just lost half of your networth

>> No.21763257

>>21763150
I'll try that

>> No.21763349

>>21763193
>get dumped on by ripple
https://youtu.be/DoSW3zfFOwM
18:00
Please educate yourself kid.

>> No.21763364

Buy FET right fucking now

>> No.21763417

>>21763114
BUY COOM COIN NOW

>> No.21763441

>>21763114
buy 10x btc on 125x leverage and guess the price movement by 100. Take profits and double the stack. Repeat until you have 10mil

>> No.21763546

>>21763441
interesting thx

>> No.21763648
File: 162 KB, 863x1200, Craig-Phillips-Steven-Mnuchin-A-Hamilton.jpg [View same] [iqdb] [saucenao] [google]
21763648

BUY XRP.

I'll offer you this one nugget

Here is steve mnuchin. He is our secretary of the treasury.

He is shaking hands with Craig phillips. Craig phillips used to be counsel to the secretary of the treasury. Craig phillips is now on the board of directors at ripple.

Behind them is a portrait of alexander hamilton. Alexander Hamilton is known for creating the first bank of the united states of america.

You are welcome.

>> No.21763674

>>21763546
Don't trade with leverage if you are not a professional trader. Do your research, buy XRP and like I said wait.

>> No.21763699

>>21763648
If America or the elites want to switch to crypto, they will simply create their own crypto

>> No.21763718

>>21763441
Don't tell someone new to how financial markets work to do options, that's literally the worst advice you could give someone

>>21763546

Don't listen to retards like this, that's how you lose all your money. He is giving you intentionally malicious advice. Not only that but if you fuck up you are going to end up owing people money. If you are wrong on your bet you are going to end up having to owe whatever the multiplier is times your money. Don't do options until you researched them and know how they work.

>> No.21763726

>>21763114
Unironically XRP

>> No.21763752
File: 21 KB, 250x226, 78759631-620A-4E55-BCDE-3B035B0743F9.jpg [View same] [iqdb] [saucenao] [google]
21763752

>>21763349
>the best incentive is no incentive

>> No.21763756

>>21763257
Wow that was easy.... ngmi

Can’t believe you idiots come here asking this

>> No.21763771

>>21763718
>/biz/
>financial advice
If you are stupid enough to listen to anything on here as financial advice, you deserve to lose everything.

>> No.21763812

>>21763546
Also put your XRP on bitrue so that you get your flare fork when it releases, probably end of Q3 or early Q4

>> No.21763869

>>21763771
I agree with this half way. People shouldn't just do things blindly without doing their own research but at the same time people should be able to get good advice and not malicious advice. Why make the world shittier?

>> No.21763906

$YFV

>> No.21763909

>>21763257
Smart move... remember you will get FREE Spark/FXRP 1:1 just by holding XRP

>> No.21763931

>>21763114
LINK + STA
Leave this place until 8/2021
Then STAKE LINK AND POOL STA

>> No.21763987

>>21763718
I looked up leveraged trading, how do you end up owing money?
>>21763812
>>21763909
What do you get out of spark tokens? Do they have any worth?

>> No.21764011

>>21763114
Be patient or be a degenerate gambler.
Pro-Tip: Don’t do the latter.

>> No.21764014

Jesus don't buy xrp, look at the price vs mcap for the last 3 years. Jews on here are trying to scam you so they can dump their bags.

>> No.21764094

>>21764014
>price vs mcap
Lol
>Jews scamming to dump bags
That I agree

>> No.21764163

Flow will crab at 1.2-1.5 for a day or two, so I guess you could take the interest on that while you figure out what to do in this red zone

>> No.21764234

>>21763114
Depends. What's your make it price? 1 million? 100k?

>> No.21764332

Buy PRQ

>> No.21764552

>>21763987
say you put $1000 x10 into bitcoin at $10,000 per BTC. BTC goes up to 11000, or by 10%, so you make 100% or $1000.

But if BTC goes to 9k, or down by 10%, which means you would lose 100%, or $1000.

now if you did the same thing with $1000 at x100 into bitcoin at $10,000 per BTC. Bitcoin goes up to 11000, or by 10%, so you make 1000% or $10,000. But if bitcoin goes down to $9000, or down by 10%, you would lose 1000%, or $10,000. That means you are now in debt by $9000.

So if you put your $1,250 at x125 and it does the opposite of what you want, you are FUCKED.

>> No.21764579

>>21763114
Buy FLOW

>> No.21764587

See zzz.finance? See how it's been mooning silently all week and absolutely nobody cares to shill it because they're too busy pushing their shitcoins that either haven't moved for years or are dumping every day to new lows?

Take a look at yfi.finance. Like that price? That's where zzz is headed.

>> No.21764599

never buy xrp

>> No.21764612
File: 647 KB, 1200x756, Muh Meme.png [View same] [iqdb] [saucenao] [google]
21764612

>>21763987
Here is the basic's of flare

flare.ghost.io

You have two different agents. One wants a loan, the other is the one who wants dividends on what he loans. We will call them loanee and loaner.

The Loanee stakes XRP + loan fee as collateral to the flare network, and the loaner stakes his spark as collateral. This creates FXRP, which is loaned to the loanee. This way if either party backs out, the other party doesn't lose anything. The FXRP can then be used in smart contracts. The benefits are that the loanee gets liquidity and the loaner gets dividends from the loan fee.

That's the base system for the creation of FXRP. It's going to be used for foreign exchange, mortgages, loans, options, etc.

Its also going to be completely interoperable with all digital assets, and you will be able to code in any language for the smart contracts.

and its going to have all the benefits of XRP since its a utility fork, namely the 4 second transaction times, microcent transaction fees, and scalability.

And its not proof of work or proof of stake since its a turing-complete federated byzantine agreement network.

Its also going to release with a suite of 100+ oracles

oracles.cloud

Basically its going to kill ethereum and 99% of the shitcoins, including chainlink. You'll get in on the groundfloor of the dominant network.

>> No.21764643
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21764643

>>21763114
Too late. The 100-1000x's just passed, sorry, better luck next year.

We had a bunch of anons saying "this year we will never ever see a 100x in our lives, they're done"
Only for ESH to come and punch them in the groin, followed by IDEX's many 15x-20x's and followed by Statera's 150-300x in 10 days before crabbing. Statera and any project which glitches is a god sent.
YFI, XOR, BUIDL. XOR did a 1000x, XOR a 10000x, BUIDL a 100x. STA is also aiming for a 1000x and to be a long term 10000x, but STA doesn't compare to stuff like YFI and AMPL.

>> No.21764738
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21764738

>>21764552
>>21764612
Thanks. You've been very helpful

>> No.21764902
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21764902

>>21764738
no problem, just be sure to do your own research and don't just take peoples words for granted. Trust but verify.

Don't end up like this retard who traded options without knowing what he was doing and ended up killing himself

https://www.forbes.com/sites/forbes-personal-shopper/2020/08/21/best-indoor-plants-best-house-plants-according-to-experts/#6b9b58531604

>> No.21764939

>>21764902
forbes like changed pages last second, heres the actual link...

https://www.forbes.com/sites/sergeiklebnikov/2020/06/17/20-year-old-robinhood-customer-dies-by-suicide-after-seeing-a-730000-negative-balance/#22dd34da1638