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/biz/ - Business & Finance

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3166395 No.3166395 [Reply] [Original]

I want to give up the wageslave life, but I'm a fucking retard who doesn't understand most of the talk on this board. How can I start raking in the dough with crypto? What do I need to have/know?

>> No.3166435

>>3166395
Just hang out here for a few weeks. I literally started out with $0 2 weeks ago and I mined signatum and traded my way to around 2,000 shares on a single gtx 1070

>> No.3166434

>>3166395
ICOs are the best way to 2-5x your investments in a blink of an eye. Coins to invest in for September:
> BTM
> DNT
> OMG
> Monero (will get pumped to $200)
> TenX
> HCC (will get pumped)
> ARK ($3.50 soon)
> SteemPower (will get pumped)

>> No.3166448

>>3166395
If you're not going to mine you first need to get a little bit of bitcoin to trade with. Step one would be an account with something like coinbase

>> No.3166449

>>3166434
You missed blockcat..

>> No.3166469
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3166469

>>3166449
he's not gonna make it

>> No.3166479

>>3166435
>>3166448
So a good solid first step is to mine some coin to work with. I'll look up how to do that, then.

>> No.3166481

>>3166448
How do you start mining with your own pc ?

>> No.3166485

>>3166434
I see all this prediction spouting across /biz/, but not arguments to support it. Not shitting on you, just wondering why someone would bet on a coin based on the input of an anonymous guy on a fidget spinning mongol text chat.

>> No.3166539

>>3166481
That's a pretty good question to ask. The things I'm seeing say that you'll pretty much want something built specifically for mining, but I'm wondering if it's still possible to at least mine a few coins with an ordinary computer

>> No.3166575

>>3166485
/biz/ shills some quality coins, but you have to do your own research and parse the shitcoins from the mooncoins (don't buy fucking Mooncoin)

>> No.3166580

>>3166395

The only real way dumb people can make money is by crime.

>> No.3166639

>>3166539
a friend of mine put 3 or 4 PC's at work mining monero for half a year. He now has 1.4k €

>> No.3166722

>>3166639
6 months of electricity bills for 1.4k isnt profitable maybe your friend was using old pc's and there should be another alts easier to mine probably icos

>> No.3166746

>>3166722
He did it at work without their knowledge and the computers were already being used, so, it was profitable for him. But I get what you mean. It would only be profitable at home with dedicated processors or very powerful GPUs

>> No.3166774

>>3166746
is doing it at work legal?

>> No.3166808

>>3166434
What's the best exchange to buy these cryptos? Bittrex?

>> No.3166818

>>3166774
of course it is. conflict of interest, ever heard of it? There are cases of people mining their few cents at work and losing their job for it. feel free to risk it, but work PCs dont give you more then few cents a day, while having their fans on full throttle, already suspicious. I bet network guys might notice the connection too

>> No.3166853

>>3166746
Yeah i heard amd is releasing a graphic card meant to mine get a few of them working on parallel and solar powered by solar energy might be profitable af

>> No.3166865

>>3166808
I use Bittrex and Binance (chinese exchange) at the moment.

>> No.3166902

guys, mining is not truly profitable. yeah, suure, yoou may get your gpu roi in like 6-8 months? but u have to count in the fucking difficulty, and u dont know what's gonna happen to crypto in a month, nor 6.

tldr; buy OMG, CAT if u are in for the steady longterm profit

>> No.3166921

>>3166902
I just want to mine a little bit to get a good starting amount to work with. Fuck being a fulltime miner.

>> No.3167026

>>3166434
I bought BAT today. Am I fucked?