/biz/ - Business & Finance

>>7879318
Left 5 million electra coins on coinsmarkets before the exit scam. Sold 10 ETH at 135 after buying at 170, FOMO'd back in ETH at 500 dollars.

alright biz I have no clue or idea what I'm even doing, I figure'd I'd ask you because well r9k although filled with crypto neets doesn't exactly specialize in this shit

I can use $50 off my godfathers credit card, literally nothing, but it's what I have and all I got, what should I invest in it with? I'm trying to save up exactly $8,000 as fast as possible so I can renew my U.S passport get out of this 3rd world shit hole get a job and sort myself out

I've been spending a lot of time recently on BHworld, should I get into IM? after opening a shit ton of tabs and crashing firefox like 4 times and spending 40 hours reading I've come to the conclusion that nobody has actually made money and everyone is just trying to either scam eachother or sell their service, none of which seems to be working for them

then we have crypto, although I'm literally gen Z I have no fucking clue about the inner workings of crypto and it's culture, and digital trading type activities in general, I just know that if you look at the squiggly lines and buy when it goes down then wait until it turns into a nice little mountain sell it and viola you make money

are there any other legit time tested proven investment opportunities out there? obviously with the whole bitconnect charade that has literally infest every corner of the internet by now I don't want to put this in some obscure ponzi bullshit

inb4 >>>/pol/-tier bitcoin crypto ponzi shit

What do you guys think if an african cryptocurrency backed by real gold was created (NiggerCoin)?

Even if the market crashes, you still keep your value, because of the nigger gold

Would you invest in it? What would it take for you to buy it? What kind of shit do you look for in a cryptocurrency?

w-will we see bitcoin under $13,000 ever again?

>>2972096
It won't be obsolete because it's meant to be atomic swapped with BTC, which is a direct transfer without risk of one side backing out.

With that and a wallet app on your phone, you could quickly trade your BTC for some amount of LTC to make small purchases, or trade it back when your done if you felt like holding some.

Realistically, it should bind LTC to BTC price at a constant unchanging ratio ASSUMING that the same number of retailers who accept BTC also accept LTC.

That's going to be the hardest thing, getting retailers to use LTC as a payment form.

>decide to start trading
>start with $20K
>goal is to make $1K in a day
>end up in the green
>get greedy and go for more
>it suddenly reverses and I'm in the red if I sell
>get afraid and sell off to break even or slightly less
>miss a few more opportunities to make $500 out of fear of losing
>end result, I'm about 20$ down
>have almost 100 transactions that I need to calculate for when tax season comes around
Anyone else get nothing except for a tax nightmare?