/biz/ - Business & Finance

How do I turn $300 into $3000 /biz/?

tfw 40,000% up from initial crypto investment

If you watch the Chainlink transactions at https://ropsten.etherscan.io/address/0x20fe562d797a42dcb3399062ae9546cd06f63280 - click events per Thomas's medium post

https://medium.com/chainlink/viewing-chainlink-transactions-on-the-ropsten-testnet-d59d7173e510

You will see there is almost no testing (except for a few days ago an example of eth to usd provided by chainlink team). Other than that there has been no testing. Ropsten has been out for a good while now and I am surprised by the lack of testing.

lets talk masternodes

the discussion on these is very lacking for how profitable they are. this is understandable considering they far exceed the technical capabilities of normies and from my research i estimate 99% of masternode coins are complete scams.

many masternode coins do not try to appeal to any sense of logic and give a reason for existing, their entire premise is "buy now for free money". the devs take a premine, dump it on anyone dumb enough to buy in, abandon the project, and the chart quickly trends towards 0 (example - https://coinmarketcap.com/currencies/bulwark/))

despite the risks i think the criteria for finding a good coin are as follows

1)sustained daily volume over a period of months. if the coin starts dropping to like $2k daily at times, not interested. ideally at least 50k/day every day
2)good roi. anything below 50% yearly is just straight garbage(dash is like 5%)
3)low masternode cost(dash is like $300k lol). anything over 20k is probably not worth the risk unless you think the project is really good.
4)actual use case/good team. this is optional i think as long the coin has a good history of the above 3 i think it has good potential regardless

>>9571733
It's not even out yet. Test net is just nodes at the moment. How is anyone supposed to use it?

so /biz/, just got into this whole crypto stuff and I found out a secret trick. I can buy one litecoin on coinbase and trade it for bitcoin, then sell the bitcoin for $9000k? At first I thought this was a mistake because there si no way I have put in 9000$ into litecoins. but it says here that I caN trade some litecoins for bitcoin, I mean what were they thinking when they made one bitcoin tradeable for one bitcoin?? But they cost different dollars? makeing it so you can just buyt a whole entire bit coin for onlyt he price of litecoin.

Earning 6k a month with crypto in a third world country. ;;))

I will wake up tomorrow and sleep more.

>>9077121
5k usd in bank

246 ETH
3,450 OMG
25,006 ZRX
14,796 0xBTC

Feels comfy

Just went all in on NANO
How fucked I am?

>EOY
>EO2019
>EO2020

Fuck that shit I'm a patientfag. Where do you guys see Chainlink in 2023?

What about me?

>ochinchin

your primitive body needs comfort, your primitive mind needs struggle, the only way to happiness is not through fulfilling these needs, but through reducing or abandoning them.

Show me your NoLinker face

Stake it til ya break it

>invest in monero
>print a child porn image
>glue it to a dollar on the back
>deposit to bank
>there is child porn in your fiat system hahaha
>everyone has to move to monero

>tfw been holding my shitcoins since november
>down 70% from ath

Shill me some good IDEX tokens.

I have:
ELEC
BABB

Trying to understand the will of God is like your dog trying to understand why you put her in a car and drove her to the vet to get stabbed with a needle.

She doesn't even know what a car or a vet is. Her brain isn't even capable of asking the right questions.

Your dogs brain is to yours as your brain is to the unutterable glory of God.

I have heard many times that if you're working with less than $1000 the only way you're going to make it is to go all in on a single cheap, low cap coin and hope it moons. High risk high reward. Which on some level makes sense, but using this strategy I've ended up with several occasions where I've been stuck holding bags with 100% of my portfolio in one thing. Sure, eventually it goes back up but I hate holding bags. So shouldn't I diversify into at least two holdings?

>>7963110

I don't want to be a NEET. But I sure wish my parents loved me enough to let me just live in their house while doing nothing.

What does that feel like?

>>7727019
You get to watch the food channel in HD now though.
Pretty good deal