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/biz/ - Business & Finance


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16662256 No.16662256 [Reply] [Original]

Gonna try this crypto stuff can you anons show me the ropes please?

>> No.16662281
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16662281

>>16662256

>> No.16662295

buy xmr, wait for the governments to become overzealeous, otherwise fall for scams and consider >>16662281

>> No.16662303

Buy link and hold for few years , become rich

>> No.16662309

>>16662281
no that rope

>> No.16662329

>>16662256
Buy low caps and don't look at them for a few months. Sell high. Repeat. I suggest Nerva + FRM.

>> No.16662336

>>16662256
Start with reading about CENNZ....that is probably the only one you have to read because you're gong to make so much money that you won't be bothered by others

>> No.16662341

same fagging everyday plz kys
>i said plz

>> No.16662348
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16662348

>> No.16662361

Buy Chainlink and hold.
People will try to spook you into selling, don't believe in their lies.

>> No.16662397

1. realize that every blockchain is incapable of communicating with the outside world
2. realize that decentralized oracles are needed for crypto to do anything useful or interesting
3. realize there is one decentralized oracle project which is already securing a monopoly regarding the most critical problem in the space which few in the space realize is a critical problem at all
4. realize the majority of crypto value will necessarily pass through this project
5. buy LINK and stay rich

>> No.16662414
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16662414

>>16662256
Your serious answer OP.
To make it easy here are the 5 steps and it will all be on you too go into it. Do your research on all of them unless you are a pleb retard sub 100 IQ.
>step 1
Ignore pajeets, don't ask /biz/ questions or you will get thrown bad adv 90% of the time. This board is full of paid shill who want you to buy their bags/whoever is paying them's bags. Unless they give you research adv ignore it and stay out.
>step 2
Play around with the market. Get an APP like blockfolio and add some coins (not real ones but just on the APP). See if you can day-trade (learn the hard way you shouldn't), see how taking up shitcoins works (protip, they don't).
>step 3
Choose whether you want to enter into it via an exchange (linking a bank account to a wallet via 3rd party service) or directly in via transactions IRL (BTC atms or trading people directly for BTC for IRL money). Those are the two main ways to go into the space. Never use Coinbase if you opt for exchanges.
>step 4
Choose what coins you want to play around with. Do research on what coins are good projects. There are stable coins and shitcoins, shit coins have high moon potentials but also dump like crazy if you aren't looking/in with the community. Do your research, never buy from Pajeet/Chink projects.
>step 5
????
Profit

>> No.16662431

buy 1,000 link tokens before singularity. you might have a few months or even years. no one knows.

>> No.16662439

>>16662256
I'd highly suggest using the Crypto.com app

Easy to use and you get a debit card to spend your crypto with.

>> No.16662455

>>16662256
Buy bitcoin

All the retarded people here who want you to buy alts unironically think 2017 will happen again.

>> No.16662459
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16662459

>>16662256
put all your money into altcoins

>> No.16662477
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16662477

>>16662256

>> No.16662490
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16662490

>> No.16662498

>>16662256
i fucked her

>> No.16662506

>>16662414
Thank anon. Also is this Link thing actually a possible profit?

>> No.16662507

>>16662490
>>16662477
swift has been confirmed to be using in-house technology and r3 corda tho

>> No.16662515

>>16662507
show the press release from swift saying gpi Link is using corda's oracle

>> No.16662517

>>16662507

biz buzzwords always work on low iq tards

>> No.16662543

>>16662506
duh, problem is, will it go back down to 80 cents again before singularity?

i suggest you buy a little now a little later, etc etc ove a few months

>> No.16663112

>>16662506
Again no easy answers or else I'd be an obvious shill. Basic research tips.
>Idk shit about the coin where do I go?
Start on https://coinmarketcap.com/ because first off its a useful site to look at prices, trends, and the like. Second because it will give you the coin's website. Read the shit for their website. If it seem legit, isn't run by pajeets/chinks, has a fair amount of case uses, and the devs are actively working on it a lot, and has a moderate volume, then you can assume it'll go up. Read into LINK specifically and you'll see. But same could go for ETH, and BSV which are also shilled here a ton. In general walk out with a decent understanding of the token, and if you feel confident it'll be used then buy in. If not stay away.

>> No.16663485

>>16662414
>Unless they give you research adv ignore it and stay out.
Small caveat there, research isn't always intended to non tech dumb dumbs, and pretty words and numbers can easily trick someone into buying shit.

There really isn't a single legitimate project in crypto other than Bitcoin, and maybe eth but we'll have to see.

>>16662506
>is this UNNEEDED TOKEN that offers nothing actually a possible profit?
>but muh oragles

>> No.16663493

70% BTC, 20% ETH, 10% XMR

>> No.16663497

>>16662256
Listen. Joe. This isn't your ballgame. Go home.

>> No.16663503

>>16663493
now that's a respectable bag
big chunk of BTC to show you mean business
a good amount of ETH to show you're in it for the tech
and a panache of XMR to display your bad boy side

>> No.16663517
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16663517

>>16663503
indeed my fren

>> No.16663713

Step 1: dont listen to indian scammers who want you to buy fantom, ferrum, nerva

Step 2: dont listen to anyone who wants you to buy chainlink.
Anyone recommending chainlink either wants you to pump or buy their heavy bags, or they are delusional.

Step 3: stay away from anything that is getting spammed with absolutely no decent or intelligent discussion/argument (examples in 1&2)

Step 4: do your own research

>> No.16664119

>buy RSR
>forget about crypto for a year
>check the price again
>thank me

>> No.16664138

>>16664119
>thank you kind sir for dumping bags of this premined shittoken on me and teaching a valuable lesson

>> No.16664141

yes, first you need to buy kneepads and rope
then you need to fuck off

>> No.16664325
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16664325

>>16663713
>Step 2: dont listen to anyone who wants you to buy chainlink.
This. Chainlink is shilled HEAVILY here and it’s very hard to understand so this background is crucial to ensure you stay safe.

Basically, a bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.
The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team.

>> No.16664465
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16664465

>>16662281
fpbp

>> No.16664501

>>16662256
Welcome anon you're 3 years too late to make it

>> No.16664626

>>16662256
check out BITMEX FAST MONEY TRADER on YT
the guy is a scammer but he has some useful tutorials on leverage trading

>> No.16664905

>>16664501
:(

>> No.16665696

>>16662329
where can I buy FRM? Its not listed on Binance even though they say they support it, and I don't trust Eterbase

>> No.16665724

>>16665696
bitmax (no forced kyc)

>> No.16665788

>>16665724
I dont know why I didnt think about bitmax. Thanks m8

>> No.16665923

>>16662256
>>16664438