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/biz/ - Business & Finance

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11082508 No.11082508 [Reply] [Original]

how in god's name do i even start with crypto trading

>> No.11082510

>>11082508
lurk biz

>> No.11082513

>>11082510
and do opposite

>> No.11082535

>>11082508
Sign up for newdex and learn how buy / sell walls work. Use small amounts until you understand then DCA everything you don't need into altcoins. Go to shit tier exchanges if you need to, newdex is just the easiest to get started on.
Spread into many coins and cold store everything. Do this until you make it. Go hard.

>> No.11082549

>>11082508
don't, trade stocks instead
it's more complex, but stocks are actually backed by companies that produce things of tangible value, unlike cryptocurrencies with prices that are based entirely on arbitrary speculative hype

>> No.11082553

https://drive.google.com/drive/u/0/folders/0B1s-Y597iYjabW5rZklPTzlpcmc

read everything on this list and then use a fiat gateway such as coinbase or gemini to buy your first coin

then move to shitcoin sites such as binance, bittrex, kraken, poloniex

then move to dex's such as idex,forkdelta

then move to high leverage coin casinos such as bitmex and bitfinex

>> No.11082569

buy .01 Bitcoin and wait, when it goes up enough for you to be in profit do it again, when everything is in profit do it again. next buy something lower in the top 10 (except xrp) and if that and your btc is in profit do it again

>> No.11082583

>>11082549
this
I'm biased, being that I've done this shit as my sole job for 10+ years, but at least stocks are traded in a regulated market, which protects you from some of the worst effects. This holds true even though "arbitrary speculative hype" works to power stocks as well (although that's not the only thing powering them).

>> No.11082617

>>11082569
Smartest man on biz.

>> No.11082622

>>11082583
>>11082549
Don't start trading stocks at ath. This is bad advice anon. Join the crypto revolution

>> No.11082640

>>11082622
You're telling this to the two people who already trade stocks?
But you know, you're right. Since you can only buy stocks, this is a bad time to do so.

>> No.11082655
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11082655

>>11082640
>the two people who already trade stocks

there's a stock market general on this board with a steady userbase of about 50 posters, if you're curious

>> No.11082763

>>11082655
Thanks, I'll check it out.

>> No.11082771
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11082771

>>11082508
>how in god's name do i even start with crypto trading

>> No.11082784

>>11082549

How the fuck is trading stocks "more complex" than crypto?

>> No.11082816

>>11082617
yes sir

>> No.11082822

Buy BTC before the month is over

>> No.11082833

>>11082508
buy bitcoin off coinbase. wait. sell bitcoin off coinbase in 10 years.

>> No.11083378

Buy $5 of Dogecoin and play with it for a few weeks. Research your ass off during this time. Then buy and HODL for a few more weeks of research.

>> No.11083406
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11083406

>>11082508

1. put all your money into a pile
2. set it on fire

>> No.11083632
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11083632

>>11082553
Man, thanks for the books. Really.

>> No.11084000

>>11082508
Step 1 : Buy 4,000 0xBTC. Do not sell them until it hits $50.

Step 2 : Buy 1 BTC and 5 ETH.

Step 3 : Set sell targets of 500%. Sell when you reach them.

Step 3 : Repeat above.