/biz/ - Business & Finance

>>12310711
>coinbase
quickly take that btc and transfer it to USD
then withdraw it from your account
trust me anon, if it were 2 years ago you'd be fine, but you wont survive here
also buy link, $10,000 EOY

Come back two years ago

>>12310725
>>12310738
Is there literally no hope for me to make anything on there at all? I figured it would be a good place for me to start and learn.

>>12310711
Dont trade btc. Low volatility compared to literally anything else.

With no money, you could do higher risk.

>>12310747
I plan on putting more money in after I get my next paycheck. I may check out a different route from coinbase. I just literally wanted mostly to not be a no coiner anymore and just in case that BTC did start to see a surge after the new year.

ok now send that btc to BITMEX and trade 100x leverage no stop loss

In all seriousness just put however much you can afford to invest a week into buying and holding btc at these levels
Hold until 100k - 1 million

If you bought 50$ per week of btc every week this year you would be very well off by the time 2021 comes about and BTC rallys to 250k per coin.

What do you intend to do? If btc returns to ath in a few years you will have 500 or 1000 dollars. Literally nothing. Invest in an alt with low market cap and low supply. With that little money your best bet are 100-200 market cap coins. If you dont know what those terms means, Google it

>>12310711

>>12310766
Do you have a tutorial video on this or an educational link for me to read up on? I'd like to get a better idea of exactly what I'd be doing here.

>>12310787
Generally that's the basic idea I was wanting to go with. Was roughly $100 - $300 a month.

>>12310795
I understand the terms here, however I'm just unsure of which wallets to use with a lot of the alts that are low. I hate to admit it, but that's why I went with coinbase first. So I could start small and learn as I go along. I've been so sick of missing out on this and living my life doing nothing but fapping, smoking weed, watching anime, and playing vidya.

>>12310819
Is Link supposed to make a return or has it already crashed with no room to recove

You just made the best move ever.
For 2009.

Just keep buying the big coins and don’t fall for fomo biz shitcoins.

Can’t go wrong buying btc. XMR and ETH are probably safe bets to recover. Everything else is a crapshoot. Link may unironically be decent in the future but who knows. Good idea though

>>12310839
Are you really this stupid

well buying btc when it's in the 3000-7000 range (which it will be for the next year or two) and selling between the 100k-300k range is the best investment a poorfag can make right now. The returns investments in bitcoin elipse the profits you would get shorting the housing market in 2008.

You already have the right idea. Just Dollar cost average into btc over the next two years and you will be in a good spot next bull run. Sell a quarter of your investment at 100k Another quarter at 200k another at 250k and let the rest ride until 500k btc

>>12310832
Just go to the site of the alt or to the telegram. It is tired to deal with "shitcoins" but you can make it if you choose some of the alts that will do 100x or 1000x in the next bull run. Or you can invest more money in the safe horses like BTC but the gains will not be huge.
And dont fall for the shills that people do here like with link, do your own research

>>12310929
>100x + isn't a huge gain

Umm sweetie. just invest in btc

>>12310895
What app is that?

>>12310912
Yeah, I just need to figure out this along with many other things to benefit me throughout the 2020s. I need a change of pace in life right now. I'm more worried about long-term than I am short-term by the way.

>>12310929
I guess I'm going to have to get over being weird using social media, etc. Yeah, I think I'm going to spend some time this week and weekend watching some videos that could help me out as well as catching up on some reading.

>>12310944
I plan on investing more. Going to quit smoking weed and put the money I normally put towards weed in BTC. I'm poor and don't need to be wasting that money anyways.

>>12310711
You’ll be fine bro...just dollar cost average whenever you can...don’t buy any shit coins, stick to BTC/ETH/XMR. Never ever daytrade and don’t keep your Crypto on an exchange for longer than a week...buy a trezor or ledger from a legitimate source and you’ll make it in a few years. Even if you only buy 20 bucks a week with this strategy you’ll still make more money than you would have if you did nothing. Best of luck man.

>Learn TA
>become a trader

Thats how you make it.

>>12310989
Yeah, I really need to buy a hard wallet and do things like that.

>>12310991
>Learn
That's the keyword for me right there.

>>12311007
take everything you read hear here with a serious grain of salt, please.

>>12311007
where is the problem?
just learn it.

>>12311063
I didn't mean there was a problem, I'm just saying you're right. That's the only way I'm going to make it.

>>12311059
I have hardly any social interaction outside of imageboards and IIRC.

>>12310711
>Newfag
This is to you and every hip and happening redditer/normie that thinks they're joining the hodlgang

SHUT THE FUCK UP AND LURK MORE