/biz/ - Business & Finance

>>26341814
I highly recommend bank transfer. Don't go into debt for crypto. Very bad idea.

Anyways, if you want to purchase Eth with a credit card and then transfer to Rubic, set up an account on Coinbase. Verify your identity. Afterwards, you should gain access to token transfers. Then, buy ETH and transfer it to a wallet. (For ease of access, I recommend Metamask). Use your wallet to swap your ETH for RBC on an app like Uniswap for example. Best of luck anon.

>>26154532
If you have debt anon, pay that off ASAP. your profits are not guaranteed to outdo the interest on your loans. After that, make sure you have an emergency fund set up, then you're free to HODL all you want. Remember to review Ramsey's 7 baby steps if you're unsure.

>>26055297
7 Baby Steps

>>25861714

NEVER, and I say NEVER, TAKE OUT A LOAN TO INVEST IN CRYPTO. The first rule in investing is that you only invest what you can afford to lose. Ever since BTC got mainstream again, I keep seeing threads about people "getting a reverse mortgage to buy Bitcoin Stock." If you really want to fool around on /Biz/, follow these simple rules:

1. Make sure you're up to date and have completed Dave Ramsey's 7 baby steps: (https://www.daveramsey.com/dave-ramsey-7-baby-steps))

2. Understand that nobody here has any clue what they're talking about. People will shill coins, then later laugh at you for losing money.

3. If you decide to invest in a coin (or trade) that somebody shills, more often then not, you are better off HODLING. Too many of you view crypto as a get rich quick scheme instead of a long term asset. This mentality will RUIN YOU! If you want to defeat the legendary Bog and fearsome Bobo, you must wield Diamond Hands.

4. Don't lurk here for more than 1-2 hours a day. Get a life. Read, get /fit/, and self improve. Looking at the charts all day long defeats the mentality of a long term asset.

>>25811026
In all honesty anon, I think you should rethink this. Whatever investment it may be, it is never a good idea to take out a loan (especially high interest for that matter) to invest in stock or crypto. Cryptocurrency is one of the most volatile assets you can invest in short term. We see swings of around 10% on a daily basis. Most posters here may try to shill you coins, pumps, and fuds, but most people here are larping and have no idea what they are talking about. Sometimes you make it big, sometimes you lose everything. That's just the way it is.
Now I'm no financial advisor, but I don't think the best way for you to erase your debt is to buy into bitcoin right now. Bitcoin is an asset that shows a lot of positive growth over the long term, but can be unreliable for day trading if you want to make a profit. It will also be harder to obtain 1 whole bitcoin as time goes on, but I think that's right now the least of your worries, as the coin's growth is not guaranteed to out-do the interest on your loan.
That said, I personally recommend that you sell your bitcoin and start doing everything you can to pay off that debt. Follow Dave Ramsey's 7 baby steps (https://www.daveramsey.com/dave-ramsey-7-baby-steps).). If possible, get a job. Start living on beans and rice, and build wealth gradually. When you have no debt, and have money you can afford to lose, come on back to /biz/ and fool around.

>>25172256
https://www.daveramsey.com/dave-ramsey-7-baby-steps?snid=start.steps

Check out Dave Ramsey and start following these baby steps. Is the reason I was able to save enough for crypto.

>>24873314
>NEVER SELL YOUR LINK

IDK, just rationalize the value of your investments. Live Dave Ramsey style.