/new/fag gen - help newfrens out

[Anonymous No.29045809]

Help a fellow autist out getting started in crypto. I've been trying to learn it on my own, but so much seems to change go rapidly, and everyone I talk to irl has differing opinions.

Here is what I know so far.
There are some coins called stable coins which like BTC, ETH, XMR and Bwhich you can buy for fiat on exchanges like binance or coinbase.

The coins getting shilled on here such as doge, grt, avax etc are alt coins cannot be bought for crypto but needed to exchanged for stable coins on either the binance or ethereum blockchain and paid for using gas fees.

Here's what confuses me.
What wallet and exchange do I use for what purpose ?
Some say metamask, but that supports ethereum chain but not binance. Some say use coinbase or metamask itself, some others recommend trust wallet.

Are there gas fees if I transfer my own crypto from one wallet to another ?
Anything else to know to get started ?

Anyone with questions may also post them.

[Anonymous No.29045996]

I hate newfags whose first thought is to come to biz of all places as a starting point to learn, because you're guaranteed to just end up chasing pump and dump fecal trash.

[Anonymous No.29046274]

>>29045809
>There are some coins called stable coins which like BTC, ETH, XMR and Bwhich you can buy for fiat on exchanges like binance or coinbase.
Stablecoins are coins like USDT, BUSD, USDC. They are pegged to the dollar.

People saying that BTC or ETH are stablecoins are jokes because they are not moving at all.

>The coins getting shilled on here such as doge, grt, avax etc are alt coins cannot be bought for crypto but needed to exchanged for stable coins on either the binance or ethereum blockchain and paid for using gas fees.
only read the first few words but you can exchange them all on exchanges

use binance
metamask as wallet but only if you feel like gambling on altcoins

tl;dr DYOR because i spoonfed you enough already

[Anonymous No.29046396]

>>29045996
I'm not asking advice on which coin to buy or which pnd to chase. I'm asking on how to set up a general trading system. Which apps to use and how to optimise the whole process.

[Anonymous No.29046509]

>>29046396
Youre ngmi if you cant figure out basic shit

[Anonymous No.29046524]

>>29045996
Where would you suggest I start ? reddit ? any youtubers channels worth watching ?

[Anonymous No.29046594]

>>29045809
That’s a man

[Anonymous No.29046733]

>>29046524
>reddit
Yes. Go to reddit and stay there.

[Anonymous No.29046965]

>>29045809
>>29046274
What this guy said ^

You can use any/all exchanges. You pick them mostly based on their fees and what coins they sell. Most just use Binance since its the most accessible. An exchange has built in wallets that you store your crypto unto. If you want a wallet not tied to an exchange then get Metamask or hardware wallets like Ledger or Trezor.

Like another anon said, This isn't the best place to come if you know NOTHING about crypto. There is a high learning curve to get into crypto and that is not helped by all the shilling of shitcoins that plagues this board.

[Anonymous No.29047020]

i usually trade stocks, but this seems way more complicated. some things exist for the same purpose but no one is willing to say why or which is better.
what's the difference between uniswap or butterfly exchanges ?

[Anonymous No.29047115]

>>29045809
Seek help or ngmi
https://youtu.be/sUkGP5aeAr0
https://youtu.be/cXGjN4XOehE
https://youtu.be/6yHae6zA4ZM
https://youtu.be/lyjJ99ipXqw

[Anonymous No.29047486]

>>29046594
That "man" is better looking than 92% of all women.

[Anonymous No.29047558]

>>29047115
Easiest way to get folks to click. same reason media and half of /biz/ uses clickbait titles and images.

[Anonymous No.29047569]

>>29046733
I don’t understand the “go to/back to r*ddit” mentality. You’d think you’d want more of us and less of them, but clearly your brain is too smooth to comprehend that. Perhaps it’s you that needs to go back.

[Anonymous No.29047687]

>>29047115
Please never stop posting this haha

[Anonymous No.29047758]

>>29046396
Binance is a good option for the variety of coins on there. Coinbase is a good place to start though. It’s user friendly, and most shitcoins aren’t on there, so it’s less likely you’ll drop money into a loser, but it can still happen. Just remember not to invest more than you can afford to lose.

[CLF Chad No.29047822]

Fuck crypto

[Anonymous No.29048047]

>>29047569
No its mostly because redditors dont come here to join our community of crypto, they come here to troll, bitch, FUD and shitpost, because thats what gets them updoots on reddit. Those type of posters add NOTHING to this community, so yeah, go back.

[Anonymous No.29048220]

>>29046965
Yup. Exactly. OP, do understand that 75% of the coins here are pump and dumps or are shilled shitcoins. I've been in enough Telegram channels that a lot of threads here are artificial. People post a link to the thread and they make everyone reply praising the coin and calling out everyone who doubts them.
Look out for ponzi scheme coins and you should stay off shit like yield farming/staking.

This means:
>Stick to top 50 coins check coinmarketcap.com
>Know that there is a difference between MARKET CAP AND THE FUCKING PRICE A 1 CENT COIN OR DOES NOT FUCKING MEAN THAT THE COIN IS CHEAP
>READ WHAT THE COIN ACTUALLY FUCKING DOES BECAUSE I KEEP NOTICING THAT NEWFAGS ON POORFOLIO FAGS JUST PICK WHATEVER COIN AND WHEN I ASK THEM WHAT THE COIN DOES THEY DONT KNOW JACKSHIT
>DONT OVERDIVERSIFY. STICK TO 1 TO 3 COINS IF YOU INVEST LESS THAN 10K

[Anonymous No.29048318]

>>29048220
>POORFOLIO FAGS
threads*

[Anonymous No.29048338]

>>29045996
people should only be allowed to act like sanctimonious pieces of shit if their portfolio is 500K USD or more.

[Anonymous No.29048431]

>>29045809
pewdiepie in a bikini

[Anonymous No.29048704]

>>29048047
mate i've been on 4chan ever since /fph/ moved here. i usually stick to /smg/ and /pmg/ here on /biz/. The problem is crypto is so mainstream that it is quite dificult to find stuff that isn't sposored or shilled by someone or written by some sjw contractor for forbes.

[Anonymous No.29048706]

>>29045809
I would enjoy ejaculating on that man's cute tummy

[Anonymous No.29049019]

>>29047758
>Just remember not to invest more than you can afford to lose.
yeah, learned that in the stock market.
>>29048220
>Stick to top 50 coins check coinmarketcap.com
thanks, will keep that in mind

i remember reading how people lost money when an exchange shut down or got hacked, is that still a thing that can happen ?

[Anonymous No.29049131]

>>29045809
The best way to learn is by doing.
Use a blockchain (with current gas fees I'd avoid ethereum), read at least the official page of the coin you are interested in and maybe some post about it. And if you use twitter follow some people that buidl things on the blockchain

I'd suggest starting by reading this https://ethereum.org/en/what-is-ethereum/

Don't watch shitty youtube videos, they are almost always useless.
https://www.youtube.com/c/Finematics/videos this is the only decent channel I found

[Anonymous No.29049759]

>>29049131
Cheers. Seems metamask is an ethereum chain only wallet. is there any which supports both binance chain and ethereum ?

[Anonymous No.29049980]

>>29049759

https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain

[Anonymous No.29050074]

>Sign up to kikebase
>buy btc and/or some other normiecoins
>stay away from /biz/, metamask, and shitty tokens
>???
>Profit

[Anonymous No.29050077]

On ramp using coinbase, gamble on binance shitcoins, put profits in GRT and LINK. Simple as

[Anonymous No.29050358]

>>29045809
listen up faggot. most of the shit you're asking you would know by now if you just spent 2 hours on any beginner youtube videos. metamask works fine for eth or bsc. most big cypto youtubers are complete retards the only one i would recommend is coin bureau. /biz/ is where you get shilled shitcoins and then its up to you if you want to dyor or just gamble. lurk moar and don't fall for scams or throw down more money than you are willing to lose. if you are here you need to be able to ID coordinated shilling and FUD. also, kys

[Anonymous No.29050558]

>>29047558
Yes I click and then I don't read anything. You really expect me to read a wall of text? I just click and then close the thread most of the time. Now step aside I'm hijacking this thread to create a NIGGER chain.

N