/biz/ - Business & Finance

>>13260000
Nice get
>>13259998

>>13260000
nice dubs.
and yes. you are an idiot.

>>13260000
Quadroops?!?! also you're a genius for that.

Get recognized, quads don't lie

>>13260000
kek confirmed
btc holders are unironically idiots
all in eth now

better than holding bad alts

>>13260000
The correct play right now is all in ETH.

>>13260000
Nah, btc is the safer bet. I’d still diversify with other safe bets like eth and xrp.

>>13260000
Depends what your goals are. You're guaranteeing yourself a 4-5x on your investment by taking no risks, but honestly if you're deep enough into crypto to be on /biz/ you should be informed enough to pick a few low marketcap coins that could set you up for a 50x-100x on your investment and potentially have you set for life instead of just making a few years-worth of salary.

>>13260000
I hodl 16 btc, almost to 17 actually.

>>13260410
Im an newb here but it seems like everyone expects market cap to increase a ton in the coming years, coins are becoming more scarce(with brc and eth) so it seems eth and brc and the “safest” alt coins right? And if any coin will take market cap from btc when the whole crypto market grows it would be eth? Eth is pretty cheap right now and would probably get close to btc price so eth seems cheap to me.

>>13260000
Holding anything but BTC or LINK is a death wish in this market imo
Maybe buy in the Polkadot ICO when it comes round end of Q3

>>13260000
Like others have said, all in eth right now.

>>13260440
To me it seems in the short term brc could skyrocket or correct down 15%. I take those odds. Losing 15% is whatever but potentially getting 3x-10x is worth the risk for sure.

>>13260440
>Polkadot ICO
/biz/ loves inventing new ways to lose money

>>13260464
Kys discord tranny stop trying to dissuade people from making money. The most pathetic part is that it literally won't benefit you in anyway, so what if 20-50 people don't buy in at the ICO and you do? What's that gain, something like 0.001% of the price? Get a fucking life mate

>>13260000
Not an idiot. You're just investing long term instead of short term.

>>13260000
If you're not holding a minimum of 15-20 BTC then yes it's stupid.

>>13260413
>f you're deep enough into crypto to be on /biz/ you should be informed enough to pick a few low marketcap coins that could set you up for a 50x-100x
Mate I've been on /biz/ since it started and I still can't pick these reliably.

>>13260747
>tfw no /biz/ coinlet education course

>>13260000

Checked and who knows. In the past, BTC run ups were best holding BTC. If you were buying altcoins, you usually had to buy BTC or ETH in order to get money in. When BTC started taking off, it would suck money out of altcoins because people would dump their altcoins to chase BTC pumps. Only after BTC went sideways did we start to see money flowing back in to scoop up cheap altcoins.

However, there is a lot more infrastructure in place and "stable coin" and altcoin pairings than previous runs. They've also made it significantly easier to get money onto exchanges. Money can flow into altcoins without as much reliance on BTC and ETH in the present.

>>13260000
Nah. BTC is a fine long-term hold. Maybe the best. If you want to hold alts you have to stay on top of news every day, which takes effort and gets tiring.

>>13260828
Last one I picked was Graft and it hasn't done shit.

>>13260392
Listen to this guy if you want to lose all your money very slowly over time. ETH's time is past. It is not comparable to BTC in any way.

>>13260000
What you have to understand about shitcoins is that they will tank whenever BTC pumps or dumps. Why? Because if BTC is crashing, people will sell BTC for USD to stop the loses. But only a minority of shitcoins trades for USD. So instead ppl will sell shitcoins for BTC (thus tanking shitcoins) to then sell BTC for USD.

If BTC pumps, ppl FOMO and sell alts for BTC to get on the train. Shitcoins will pump when good news hit, or when it's being manipulated.