/biz/ - Business & Finance

[Anonymous No.22515658]

>need serious coin recommendations
>don’t shill me your bags and shitcoins

Why does anyone think they are getting anything besides shitcoins and bags when posting here?

[Anonymous No.22515700]

>>22515658
So you are contradicting yourself? Yeah I’ll spoonfeed you.

USDT

[Anonymous No.22515716]

Play safe, treat Crypto like any other investment.
Invest in BTC.
Feeling a bit risky? Go ETH as well.
Stay away from any other coin.
If you choose to ignore the above advice and invest in a shitcoin, make sure to have an exit plan ready and stick to it.

[Anonymous No.22515745]

Dock. Sell 30.9. or day-two before.

[Anonymous No.22515764]

>>22515658
I stay away from the Pajeetcoins, but I've made money by riding the wave and getting out when I'm comfy: e.g., sold link around 17 and omg at 7.

[Anonymous No.22515777]

The people who learn to search through the cesspit which is Biz will also find the gemstones. It requires a bit of competence and brain, but there are good projects to be found.

[Anonymous No.22515786]

Brg

[Anonymous No.22515823]

>>22515658
In order of safest to riskiest:
BTC
ETH
LINK
ALGO

[Anonymous No.22515877]

>>22515716
>dont wanna make huge gains? Wanna buy in high on something thats already peaked? Then check this useless advice out!!

[Anonymous No.22515928]

>>22515823
Rundown on ALGO?

[Anonymous No.22515929]

>>22515877
this

[Anonymous No.22515947]

>>22515777
Checked, teach me masta

[Anonymous No.22515959]

Xdai it will go to 150 dollars easy

[Anonymous No.22516740]

>>22515947
Alright.
1. High amounts of Fud = Good, because it means there are a lot of people who spend their days shitting on projects they themselves are invested in. This in an attempt to shake out weak hands and buy in cheaper themselves.
2. Good projects often have both a lot of people shilling them, and fudding them at the same time.
3. Good projects have a ton of debates about the ramifications, visions, teams, products, technology etc. And tons of shills trying to BTFO of fudders at every oportune moment. Because they know a lot of the fud is complete bullshit and thus get angry trying to defend their project.
4.

Scam projects often have
1. Anonymous teams
2. Shills in threads that are not about their own coins, i.e. suddenly someone mentions a "new and hot defi token that will btfo everything" in a thread pertaining to an actually good project, after which suddenly 3~4 posts from other IDs pop up mentioning how good said project is. This is an indication of organized scammers trying to advertise their scam by riding on other projects' fame. Can often be seen coupled with insane amounts of concern fudding about the coin the thread is initially about. I.e. >I don't see coin X reaching $100, but check out this new defi token which promises EVERYTHING, and will release in one week, BUY THAT INSTEAD. Often followed by multiple other posts shilling said project.
3. Scam projects often steal ideas from other projects that have blown up lately. E.g. Yield farming/Defi projects etc.
4. They promise everything that previous projects have spent years on developing already.
5. They list tons of partners on their websites, but said partners don't list them.
6. They have no product or videos to show at all.
7. If they have products, they are often simple clones (websites) trying to mimic more successful projects (i.e. uniswap etc).
8. They have unserious names trying to ride on biz-autists investing due to it being "memable", i.e. BREEV.
9. They promise absurd returns

[Anonymous No.22516809]

>>22515658
The best and most serious coin is EWT, that have several ties with energy companies like shell, engie and AEMO in Australia, they are going to be huge and they have a service already

[Anonymous No.22516811]

Quant, DYOR

[Anonymous No.22516914]

Hi my friend.

$GHST is the one you're looking for.
Kyc in their web and you just win.

[Anonymous No.22517021]

>>22516740
In continuation, it's not really that hard to find a few actually legit projects. Make a list of some, then just sit down and watch OFFICIAL videos, take a look at the websites, check the threads of said coins/tokens. Is there a lot of debate and shitflinging between fudders and shills? Good, go and research the project more by looking at the whitepaper, joining the discords, watching the videos, checking out the products.

Another thing to keep in mind. A ton of projects are actually shilled to fucking oblivion here too, and might very well be bagholders from back in the day coping about their dead tech. You've got to check out how the graphs look, how new and updated (and holistically anchored) the tech is, how high the market cap is. If a professional team has been working for many years without any marketing/advertisement, and already has a finished product which solves fundamental problems, and which they can showcase, yet still has a very low marketcap, then you might have found a diamond to invest in. A project which has recently gone up by a lot and managed to stay up by more than 50% from ATH for a few weeks/months, is more likely to not be a pump and dump than others.

[Anonymous No.22517045]

>>22516740
WAIT! BREEV is a scam?! Fuck

[Anonymous No.22517053]

Utrust, unironically. DYOR I already made a thread today

[Anonymous No.22517144]

>>22517045
Of course not. Shh, don't tell him.

[Anonymous No.22517160]

>>22517021
Can you describe the terms you are using: Fud, ATH. Also, low market cap = good?

[Anonymous No.22517485]

>>22517160
FUD is a market manipulation tactic which is extremely prevalent on /biz/. You can read about it here: https://en.wikipedia.org/wiki/Fear,_uncertainty,_and_doubt
Basically people try to spread lies, and "concerns" about every single minor hiccup or minor obstacle, or even try turn bullish news into a "potential" problem. This pushes people with weak hands to sell their bags, often at a loss, because they haven't researched the projects that they have invested in. If you research the project and know what it's about, you can extremely easily see through many of the lies as well.

ATH = All time high. I.e. the (sometimes recent) point when the price was at its highest.

Low market cap is good in the sense that you have a much higher potential gain. Bitcoin and Ethereum, while probably safe bets for long-term investments, will not net you nearly as much as a project that has very good fundamentals, yet is still unknown enough to have a low market cap. You should NEVER look at the price to decide whether what you are looking at is "high" or "low". What matters is what the supply of said coin or token is, and what the marketcap is, i.e. the current supply multiplied with the price. For example, XRP has a very low price, yet the market cap is very high already, meaning the potential gain is also much much lower, despite the very low price per coin.

I'm a bit retarded at explaining, hope you can understand what I mean.

[Anonymous No.22517655]

>>22515658
xsn and fuck you faggot

[Anonymous No.22517828]

>>22517160
People often talk about risk/reward, and i believe it is very common to automatically equate a high reward project with high risk, and vice versa. In my view this is completely wrong. The projects you should be looking for are both low risk and high reward. And the way to ensure that the projects are low risk, is by finding as many different supportive facts you can, by research them, viewing the official videos, looking at the graphs, looking for the market sentiment (How fudded/shilled is it on /biz/?), by looking at the products, the roadmap, the whitepaper, and then comparing their progress with what other teams and projects are doing.

High amounts of advertisement/shilling/marketing, when the project hardly even has a whitepaper, product/videos of said products etc, tends to mean high chance of pump and dump. On the other hand, if a project has a ton of fudding and shilling, while also being backed by a ton of professional work which can easily be found and tried out, they are more likely to be legit.

[Anonymous No.22517877]

>>22517160
>>22517485
Is this larp?

[Anonymous No.22517969]

>>22517877
Aren't we all larping?

[Anonymous No.22518166]

Also.
>>22517655
Speaks the truth. Stakenet (XSN) is one of the best and most legit low cap projects right now. Blow me faggots.