/biz/ - Business & Finance

>tradie retard gambling his wage daytrading
>what could go wrong

>>17512463
you dont sound very smart. so no it doesnt

How much time money are you willing to commit?

If you aren't willing to commit more than an hour a day to research/trading only do blue chips like ETH/BTC/LINK.

If you are gonna put in a lot of money and spend all your time monitoring/reading about coins then maybe get some low cap alts. You gotta follow those closely though.

>>17512463
just buy and hold until you know what you're doing

>>17512477
I make 80k after taxes fren. I also don't have a family or go out much. I mostly just spend my money on gaming and my PC

>>17512463
>trade
you'll need to put in the time to learn technical analysis and go through its learning curve. start with an inconsequential amount of money until you've got the hang of it.
with that being said, most people in this board are just holding link indefinitely and never ever ever EVER selling it, so you might consider doing that too. no guarantees on that but if it fails we'll all fail together

>>17512497
I'm willing to give 4 hours a day to it. Is that modest?

>>17512463
>>17512508
>>17512530
check out the following links to get redpilled on chainlink, its very important to understand where this is going:
https://link.smartcontract.com/whitepaper

https://blog.goodaudience.com/chainlink-the-missing-piece-to-the-god-protocol-fd455dde92ab
https://blog.chain.link/town-crier-and-chainlink/
https://medium.com/chainlink/chainlink-external-adapters-e9f99cd6cb62
https://medium.com/@jonnyhuxtable/analysis-of-chainlink-the-decentralised-oracle-network-7c69bee2345f
https://www.capgemini.com/consulting-de/wp-content/uploads/sites/32/2017/08/smart_contracts_paper_long_0.pdf
https://www.linkedin.com/pulse/how-boeing-ford-other-oems-can-double-current-net-profit-rogers-feng-7c/?trk=portfolio_article-card_title
https://www.linkedin.com/pulse/how-boeing-ford-other-oems-can-double-current-net-profit-rogers-feng-8c/
https://www.americanbanker.com/news/the-race-to-connect-smart-contracts-to-the-real-world

read all of this.
watch the following videos on youtube:
https://youtu.be/1nmLU284fIk
https://youtu.be/OTaSvj9Fc60
https://youtu.be/BvySkHcq1ac
https://www.youtube.com/watch?v=TzcDDPh3CAo

godspeed bro

>>17512530
That's more than enough for swing trading once you actually know what you're doing. Most of the time spent is just having some tabs open and looking every now and then though so it's difficult to quantify the time it really takes. If you want to go through with this, watch the tutorials on Cryptocred's Youtube channel. Try to use level-headed analysts when learning TA - you must actively seek this since constant positive bull hype reinforcement gets far more engagement on social media. If in doubt look if they've posted (accurate) bearish predictions in the past.

>>17512633
>>17512530
4 hours is decent... Now how are you going to give those 4 hours though? I personally am not sure how much time I spend. I play a lot of games on my computer so I often check news during downtime/queues in those games.

I try to buy things that I believe have good long term outlook, when they moon like crazy I sell some of my stack and then will slowly buy back as it drops.