/biz/ - Business & Finance

When is the next AVAX unlocking event?

>>27026949
THIS
I rarely post anymore, but I never understood the idea of fudding my own investments. So I'll share what newfags should do and what I (a 2013 oldfag who stopped waging in 2017) am holding.
>People telling you to buy BTC, ETH, XMR and LINK
This is a dead giveaway that you're talking to a 2017 newfag. None of these is safe, not even LINK. If you still need time to read, you buy DAI or USDC and you farm on Aave with it. You only need about 0.2 ETH for the gas fees, the rest should be in stablecoins until you know what you're doing.
> BTC is safe
Nobody who entered crypto before 2016 likes BTC. Some of us moved into ETH, some into BCH, some exited crypto altogether, because BTC became a joke. The absurd part is that thanks to censorship/manipulation on reddit and bitcointalk 2017 newfags think that propping up BTC makes them look like oldfags. Meanwhile oldfags first tried flipping via BCH, then mostly gave up and started enjoying their gains.
As for BTC being safe, it would have been flipped by both ETH and BCH if it wasn't for Tether printing massive amounts of non-existent dollars at the most opportune time to prevent this from happening. Ironically, this also pumped the price of ETH and BCH - crypto is a bigger bubble than stocks. The last "true" value of BTC is $60 in 2013, the highest "true" value of BTC is $250 - also in 2013. After that, it was only propped up by tether and willybot before that.
> ETH is a good investment
ETH is at the top of its hype train at the moment. Less than 2 years ago it dropped below $100 and people weren't willing to buy, this should tell you all about the trust in this project. You will need about 0.25 to cover fees though.
> LINK
It's the best of the bunch but you'll never make it by buying coins that already x100-ed. So even though I still hold 50k, I recommend looking elsewhere, so you don't get into the habit of buying coins that have already mooned - otherwise you'll get burned soon.