/biz/ - Business & Finance

[Anonymous No.27991631]

>26 yo
>just found out about crypto during the GME pump meme
>only 14k in savings
It's too late for me, isn't it?

[Anonymous No.27991694]

>26 yo
>just found out about crypto during the GME pump meme
>only 14k in savings
>posts notorious /biz/ pepe
idk anon you tell me

[Anonymous No.27991711]

go all in reef right now sell half your stack at 0.032

[Anonymous No.27991749]

>>27991631
Dude I'm a poorfag who started with $450 back in november and I'm now up to just under $4k. It's literally impossible to lose money right now unless your fall for scam coins or trade recklessly and waste gas

Just buy a fat stack of ETH when there's a good dip, and then diversify once you've found your best moonshots.

[Anonymous No.27991826]

>>27991631
not really the crypto market is insane you dont need a lot of money to start

[Anonymous No.27991909]

In the grand scheme of things we are all still early.

[Anonymous No.27991957]

>>27991749
Im in this same position but minus the 4k part.

[Anonymous No.27992094]

>>27991631
Anon download MXC. Spend 25% of that on ASKO. it's gonna go nuts and basically on biz fags holding big baggos so far. Cheers

[Anonymous No.27992184]

>>27991631
Only 2% of the population actively participates in crypto economy. You tell me if it's too late.

[Anonymous No.27992188]

>>27991631
just wait for a dip and buy at a discount. right now its the worst possible time to invest. I made that mistake in 2018.

[Anonymous No.27992230]

Look up radix and morpheous network if your interested in getting in on it bud.

[Anonymous No.27992348]

>>27991749
Now is the time to be prudent and learn die diligence, research, technical analysis, etc. Everyone is a genius and a winner in a bull market. Real gains come from consistent profits. Better to sim low but keep winning then lose all your gains during the first downturn and never be able to get your head above water because you never learned how to actually rely on skill,you just got lucky and rode very wild waves.

[Anonymous No.27992455]

Timing not great but not terrible. Dyor on aave and good luck newfag

[Anonymous No.27992466]

>only 14k
>he doesn't know

I you can print free money at this moment, jump in

[Anonymous No.27992489]

buy AVAX unironically

[Anonymous No.27992612]

>>27992466
Are you referring to crypto, stocks, or both?

[Anonymous No.27992686]

>>27992489
crypto

jump with only 7k in crypto and trade your way
only trade what you can afford to lose
buy the bottom of the carts not when biz shills you a chart that already did 50%
understand why market cap is important+ read the whitepaper
don't buy link

[Anonymous No.27992713]

>>27991631
all in on atom when it dips back around 12 hold for 5 years while collecting interest

[Anonymous No.27992724]

So which random anons advice do i follow to dump all my money into? Hmm.

[Anonymous No.27992789]

>>27992612
Not h, but both. It's a bull market and everything is making money. I'm making 50% returns on every penny stock I pick. Crypto I'm not so lucky because I'm still learning how to actually pick good coins and not just PnD shill coins, but luckily I'm not losing, just not gaining. Get on it while you can, so that way you have the experience to take advantage of the inevitable downturn. Even if you don't make money now, you're starting to play the game and learning the rules and that's more important for long term growth then getting lucky on some coin being shilled by elon musk. It will happen eventually, no one can say when, but this bull market is insane and they always end.

[Anonymous No.27992835]

>>27992686
Good advice. DO NOT TRUST ANYTHING THAT DOESNT HAVE INFO ON MARKET CAP OR IF IT DOESNT HAVE A WHITE PAPER.

[Anonymous No.27992856]

>>27991631

It's not anon, the bull-run is still ongoing but who knows for how long so you should act quick and get as much out of it as you can. Take 7k, invest them in DEC right now. When it 10x's in a month take 60k out to either keep in a bank or invest in btc/eth and leave the rest to ride. By the end of this run you'll have a safe 100k, I think. Good luck anon, I really hope you make it.

[Anonymous No.27992875]

>25 semi recently
>2k total
>only last week i learned about the fact that trading and all related shit doesn't require thousands of dollars to start
I was a neet for like 2 years and had a reasonable amount which dwindled until just lately.
What the fuck do i do to become rich, i can't believe i was this retarded until now.

[Anonymous No.27992893]

>>27992724
If you're going on al on one coin then you shouldn't be investing. Diversify yo shit. Don't bank on any one thing.

[Anonymous No.27993002]

>>27992893
I've been diversifying but i feel like the ones ive chosen are pretty shit.

[Anonymous No.27993148]

>>27992348
>you just got lucky and rode very wild waves
This is why I spent most of 2020 researching and learning, and only once I felt ready did I actually invest my money. Also one of the most important things I've learned is that 99% of the time, if you genuinely believe in the fundamentals of the project, you should NEVER SELL.

>bought SPI at $1.9, sold at $12, it's currently like $52
I'm still so fucking mad over that one, I would be in 5 figures right now.

[Anonymous No.27993189]

>>27992724
bascially what I come here and do everyday. Idk why i would trust some anon but I do

[Anonymous No.27993202]

>>27991631

It's not too late to buy a real company for earnings

https://stocktwits.com/symbol/CLF

[Anonymous No.27993275]

>>27991631
My $3500 investment in August 2020 is now worth $27000 . You can definitely still get involved in crypto. You're still early.
Just figure out what the fuck you're doing before you try your hand at degen trading. That 14k can go quick. Honestly the market is up and it isn't the time to buy. If you're a trader you should be taking profits right now. Maybe things will keep going up, but it's more likely there's going to be some pullback. For now just buy a little bit every week/paycheck/month of things you plan to hold for 2-3 years while you figure out how everything works.

[Anonymous No.27993333]

>>27993275
>You're still early.

[Anonymous No.27993386]

Uptrennd (1UP) is one of the best low cap gems in my opinion, it's undervalued, i think that can go up easily at least 20x, the mobile app is coming very soon, it's only 800k, it's a very legit project, the CEO is very known

[Anonymous No.27993569]

>>27991631
Go in with just 1% or 10% of that. Test the waters. so basically do everything at % you would with $14k but with $1400 or $140. Then see if it is something you want to toss the whole amount in.

[Anonymous No.27993638]

>>27991631
same here. i'm always late to everything probably due to low IQ. im so retarded i just been holding cash my whole life

[Anonymous No.27993694]

Reminder that 90% of the epic new gems people shill you on here are pump and dumps. Look them up on telegram and you’ll find the shill groups. Stay the fuck away unless you’re seven and think you can outsmart all the bag holders. Spoiler: you probably won’t.

[Anonymous No.27993817]

>>27991631

Anon I'm just starting too and put 3k into GRT, ASKO, ADA this weekend.

Some things I've learned:
-Invest in something you believe has actual potential rather than trying to flip scam coins
-Gas is expensive so all the better if its on Binance or MXC or similar, I'm avoiding uniswap until I have more to spend
-This thread has lots more good advice >>27853812


More experienced anons can tell you if my advice is good or not. I think we can both make it

[Anonymous No.27993833]

>>27992184
Only 2% of the population actively participates in stocks too, and only 10% of the population in total has any exposure to stocks, mostly through retirement accounts. You wouldn't be early if you jumped in on stocks at this point.

[Anonymous No.27994196]

>>27991631
Don't let anyone FUD you OP. We are early. This shit is like personal computers in the 80s. Olds are saying it'll never take off, but we're getting the first taste of real widespread adoption right now. Hell, coinbase partnered with Visa to make a crypto debit card.

[Anonymous No.27994380]

>>27993817
Head to the LTO generals and ask for the links to this weeks generals. Nobody had done the math on LTO. Now its being done there are only 900 make it stacks available on binance Genius tokenomics+APY+Deflation, UN is already using the network as are IBM. The math shows its a coin you will never sell and make it from APY gains alone. Why do you think the LTO generals have been so busy all week!

[Anonymous No.27994504]

>>27993833
Where did you get that #? Google is showing 55%. That's just people, not businesses that actively invest. I still stand by my point that we are still in the early stages of crypto.

[Anonymous No.27994654]

>>27992094
Is that exchange for leverage trading and why do you think asko will be shooting up?

[Anonymous No.27994702]

>>27994196
Based. People telling you that it's too late are the same people who thought apple was late to the gui.

[Anonymous No.27994806]

>>27991631
you have 14k man, just invest in something somewhat legit like Ethereum.

[Anonymous No.27994959]

>>27991631
This is a decades long thing, not like the gamblers on here pretend, you are not late at all.

[Anonymous No.27994989]

>>27991631
>frogposter
yes. kys

[Anonymous No.27995028]

>>27994806
Or LTO The Ethereum of the business world according to the stansberry research report.

[Anonymous No.27995141]

>>27994196
This. Just wait until the stock market shits itself and/or visible inflation hits sometime in the not too distant future. The level of agency required to buy crypto is pretty high now but ever decreasing, so use that to your advantage.

That said I'm gonna ride the markets hard for the next few months at least.

[Anonymous No.27995175]

>>27991631
75% on Cardano, 25% on BTC. Done.