/biz/ - Business & Finance

>>13018240
crypto you pussy

All in QNT, a britfag project. Come to London for drinks with them.

Cash out several million next year or wait longer and be insanely rich.

>>13018245
>>13018273
after the way most crypto went around like a rollercoaster last year or two, is this actually a good idea or a meme?

>>13018283
i unironically think thats the only way you can get really fckn rich with crypto

>>13018296
What, by putting a shit tonne on a coin and waiting? I didn't start the thread specifically for crypto so if there are any other ways to invest, feel free to let me know.

>>13018323
not talking about "waiting", i meant knowing about insider stuff other people don't know and invest in something before it's public

>>13018412
and thats applicable not only to crypto afaik

>>13018240
5k£ Silver
10k£ Gold
5k£ BTC/crypto
5K£ in technology firm.

keep some in case of emergency.

>>13018412
>>13018416
well I don't know any tech entrepeneurs or shit that'd get me the inside dirt on an investment, so it's either pure gambling or good old fashioned investing. Might as well take it to a casion as put it in crypto though right? At lease I can play a little bit of blackjack.

>>13018433
so the good old fashion investing? My friends did 10K in gold and silver recently but he is tech-illiterate so no crypto. He showed me gold price graphs for the past century and I was impressed and understand it is 99% guaranteed to grow in value.

My only problem is this, would that money be able to be made better use of now? As gold is something to mature over decades, would it be best to invest in something else like stocks or property and put my profits into gold instead?

>>13018556
WAIT A SECOND YOU SAID £? IN C A S H?

change that shit ASAP before your "kingdom" completely left the eu and the value drops lol

>>13018629
and i'm not stating that pound will definitely drop, it's just a risk to hold pound now imho cuz it could happen

>>13018643
>>13018629
I am considering this, one reason why I made this thread. would converting to crypto work for staying immune to this?

>>13018652
Yes fren, crypto is very safe and Vishnu on the blockchain. Please to buy chainlink.

>>13018556
but regarding the insider bs: i know what you mean, but it's not *that* hard to meet those people

i did it myself years ago when i started and doubled my budget by buying shares at the right moment

it's time consuming and you'll feel like sucking the dick of these manipulative rich tards, but it will pay off

>>13018652
no, don't immediately convert to crypto...usd is fine atm if you just want to stay away from pounds (which you should)

>>13018323
BY DYOR YOU PUSSY... YOU CANT JUST FUCKING WALK IN HERE AND KNOW WTF IS GOING ON.... BE A VORACIOUS LEARNER AND YOU WILL MAKE IT

>>13018240
>bittrex launched bitsdaq a new exchange for asia to compete with binance
>they are giving away 20k BXBC tokes for free
>Its guaranteed to go to $1 at least
>he isn't signing up
>literally getting $20k usd for signing up with a throwaway email

don't be a retard, binance airdropped me 1000 bnb and i sold at $3, this is giving me the same vibe.

ZFEU7UVU use this code to get 2000 extra tokens.

>>13018682
just walk into a bureau de change and buy up 50,000 £ worth of USD?

>>13018672
crypto is not safe, I lost money with tht bitcoin fiasco 18 months ago.

>>13018676
I'd suck a dick for 50,000 so yeah.

>>13018726
you sound like some chainmail bullshit anon, I don't know if I wanna buy chinese fake moeny lad.

>>13018240
Put it all in GVT so that a manager invests it in other shit for you.

>>13018726
gtfo with your referral code

>>13018745
thats a coin that gets invested for you elsewhere?

>>13018743
idk about changing fees in rl, maybe you'll be better off by changing the money in some app like revolut or on some website

>>13018781
"Genesis Vision intends to create a service via which managers, brokers, traders, exchanges, and other financial instruments can access a diverse range of assets via one interface."

idk if its worth it but you have enough money to put 1k into that just to try it out

>>13018781
I have some GVT, give it a look, its good, i am up nearly 50%...No mutts allowed BTW...Burgers have to much freedom

>>13018870
so it is currently growing well?

what's a decent UK friendly exchange? I tried Coinbase and they needed a euro account and a couple of banks I used refuse to allow payments of any kind that involves crypto.

>>13018726
No use FJA6R5Z4 instead.

Much better.

>>13018781
GVT is fucking amazing and I don't understand why people haven't spotted it yet.

You can get the token and hand it to a manager who can basically invest it in other markets so not just crypto.

I'm still trying to figure out how it is a scam but so far it seems legit..

>>13018945
a simple exchange is revolut, their base currency is gbp

>>13019103
i mean it's not an actual "exchange" like binance, but you can change into a lot of fiat and crypto currencies there pretty fast

>>13018945
I only buy from https://bittylicious.com/ or https://www.cryptosaurus.cc/.. Been using Bitty for ~ 5 years, great service. transfer to Binance then to GVT.

I wouldn't put 50k in GVT....Its still to new to put your life savings in!

>>13019123
Don't listen to him...I have the revolut card...you can buy & sell crypto but you can't transfer it in or out! its just a CFD (contact for difference)

>>13018945
Also who do you bank with? I have never had an issue...stay away from the big boys

>>13018240
If you have a dream of a business, this is your chance to actually start it.

>>13019163
Starling, they are alright, one of these new mobile only ones, but they stopped after I bought five lots of crypto from Coinbase.

>>13019103
>>13019123
>>13019154
yeah I am aware of Revolut, but it is not for spending, but for investment, so I may just keep it in a Revolut account anyway and sit on it until after Brexit.

>>13019131
I will look into it, thanks.

>>13019154
true! sorry if thats not what you want op...

i just wanted to suggest a quick and easy way to just "change" money tho

>>13019154
>>13019214
yeah i just wanna hold it as an investment really

>>13019198
also this! my brother did the same with just 25k, now he has two shops and a solid event management company

>>13019226
look, tbqh, i was you, i would split the 50k into two halves, one half for safe and and rational stuff, like starting a business or buying simple collectible stuff which is always worth *something* or health care or insurance idk, and with the other half i would do fun and risky stuff, like investing in some coins, or trying out the stock market maybe

>>13019254
>one half for safe and and rational stuff
>like starting a business
wut?

>health insurance
I am British anon, we got healthcare on the tax payer.

>risky
If Revolut is easy to get my money in and out of coins and the exchange rate is good, I could try the coin game again, but otherwise I don't want to go gray and lose 5K overnight cos I bought ether and it crashed (as it does daily)

What is their rate like?

>>13019232
Yeah, this is probably the best idea.

>>13018240
Please don't put your money in Crypto. Your odds are better at a casino.

Be sensible with your money. Bear in mind a good investment might not be about getting money returns but what about investing in a good education? a car? Or tangible assets that actually generate you something material. Its hard to know what the best thing for you to do is without more information.

If you are looking to have some financial assets over a long period of time whilst not knowing much about investing then most people in finance would recommend you putting your money into a low cost index fund such as the S&P 500 which is 500 of the largest American businesses all lumped together under one share price. Believe it or not, most asset management firms cannot beat the S&P500's performance over a 20 year + period (where compounding really kicks off).

I'm leave a really important point for you about investor "fees" from Warren Buffets latest share holder letter so you can see how important it is to lower investing costs.

>Let’s put numbers to that claim: If my $114.75 had been invested in a no-fee S&P 500 index fund, and all
dividends had been reinvested, my stake would have grown to be worth (pre-taxes) $606,811 on January 31, 2019 (the
latest data available before the printing of this letter). That is a gain of 5,288 for 1. Meanwhile, a $1 million investment
by a tax-free institution of that time – say, a pension fund or college endowment – would have grown to about $5.3
billion.
>Let me add one additional calculation that I believe will shock you: If that hypothetical institution had paid
only 1% of assets annually to various “helpers,” such as investment managers and consultants, its gain would have
been cut in half, to $2.65 billion. That’s what happens over 77 years when the 11.8% annual return actually achieved
by the S&P 500 is recalculated at a 10.8% rate.

>>13019210
I have just signed up for Starling personal & biz account..haven't used them yet for crypto, you should be fine though!

>Revolut
I also have a trasferwise card, check em out also

>bittylicious
Just checked out Cryptosaurus, they are not taking on new ppl RN...also they can take 24 hr to do the transfer, a bit nerve racking when your waiting for the transfer...pretty sure they are all tapped out crypto RN anywho.

Do check out Bitty, never had bad service!

I haven't used it yet but binance.je can take EU bank transfers.

I would say you should get a hardware wallet if you care about your crypto financial future. Sadly you have to leave your GVT with them, you can set up 2 factor though.

FYI I am a UK fag

Best of luck newfag!

>>13019293
>I have just signed up for Starling personal & biz account..haven't used them yet for crypto, you should be fine though!
can you read anon, they don't allow card payments to an exchange. Thanks for your other advice though anon, I will lok into it.

>>13019291
thanks anon this is helpful. I am wary of crypto, but it is not an amount I have to put in one place, so I can do an 80/20 split with something else.

I am not looking for cars and such. I invested in "classic" cars a while back and its a headache. I just want my money to grow. As I am only 27, my temptation is to go find something that will make me some bucks in a year, rather than 20, but I know I must be sensible too. I will look into an SP500 though.

What would you recommend for something that is headache free with no work (unlike cars) and something that can generate cash? I thought about rental property as I can pay a property manager to take care of it and they find tenants and such for me, providing me with a side income. What do you think to that?

>>13019391
>can you read anon
Yea i can you CUNT
>they don't allow card payments to an exchange.
Why the fuck would you want pay higher fees! use faster payments!
BYE arrogant newfag Zoomer, I hope you lose it all!

>>13019430
>good luck
>bye zoomer
check out this bipolar anon. They don't allow transfers either, or card payments.

>>13019458
Na, I was helping you just made an assumption out your own ignorance...Bye Zoomer

>>13019391
Sadly, there is no real get rich quick scheme - otherwise everyone would be rich.

Rentals, are nice because you essentially make money whilst you sleep if its all taken care for you. Most rental agents take a large slice of your revenue - its just industry standard.
>Would you be buying the property or subleasing one?

>>13019605
I am a brainlet and don't know what subleasing is, you mean rent and then rent out at a higher price? With 50K you can buy a house outright in some of the more industrial places in the UK. Bradford or Barnsley etc. They are genreally poorer and don't have a lot of people purchasing, so they all rent and therefore it is a safe bet. But you might only get a few hundred a month from them. But the house is mine outright and as teh property market goes up, it'll be worth a chunk when I sell too.

>>13018283
>buy high sell low

Buy Bitcoin, just stay away from shitcoins. Hold for 5 to 10 years and retire rich as fuck.

>>13018240
All in on LINK

>>13019698
don't listen to this beta male

>>13019698
LINK will surpass bitcoin by 2022

>>13018240
A kilo of cocaine tithed.

>>13019878
this is what I was looking for, thanks anon. Seriosuly though, if I were to do so, how would I go about distributing without being a complete brainlet about it?

>>13019722
based and based and based and basedpilled

>>13019970
what is so special about this chainlink thingy? I am behind on my crypto news.

>>13019960
Not that hard.
I'm sure you know a friend or two that plays the game. Either uses or distributes. Have a chat with them. Your the money, they are the dealer. They know other dealers and so on.
When your buying 50k worth of blow your cost per ounce should be between 1200-1500.
You get your mate to do the legwork and split or he gets 1//3 profit from each sale.
Cocaine basically sells itself.
It can be difficult or you have to deal with some threats but as long as your mate is solid and keeps his mouth shut your good.
Don't even let him know where you keep your stash. Even if you do keep it at your place, make him think it's in a safe house.
Don't deal with people that shoot it or
Smoke it.
Only sniffers.
Deal with smokers if they are people that have higher jobs and can afford their addiction.

You should be able to buy it for under 50 dollars per gram with 50k
And sell for 100 per gram. If somebody gets 3 grams or more, lowest you go on price per gram is 80 bucks.

OP, you enter the crypto market at a near perfect moment, way down at the bottom of a cycle.

If you want to be rich, buy QNT. We can explain how. If you cba then just buy ETH instead. Or even BTC, you'll get a few hundred grand maybe.

I have £100k GBP and am all in QNT.

Best prospects out of any coin right now, but there are loads of other good projects.