/biz/ - Business & Finance

>>19737654
Put it in altcoins OP.
They go up in bitcoin.

When it hits 10k put it in a shitcoin and wait for shitcoin to moon

>>19737654
HOW DO 20 THAUSAND DOLLERS SOUND?

>>19737654
Buy shitcoins

>>19737725
whats an altcoin?

>>19737654
Since bitcoin is already chunky you wont see lot of returns from it because to now double your money it price needs to be double than it is now, what you should do instead is go to altcoin dumpster and find small gems that you think will go up in near future, invest some of your btc in it (not all, never go all in you have to diversify, but not to much make it reasonable) and wait for it to go up. Once its up sell it for btc to get more btc, but i found ETH to be more alt-friendly. This way you will get more money while also waiting for your money to gain more value when btc goes up.

>>19737805
Any crypto that isn't BTC basically. Don't buy /biz/ scams and do your own fucking research

>>19737805
Alternative coin, coinmarketcap.com will show you top coins, but it doesnt mean all of the coins are there, theres lots of more hidden coins in the desert to be found

>>19737808
>Diversify
>Too much
Try again: https://blog.shrimpy.io/blog/crypto-users-who-diversify-perform-better

Thanks frens. I just put 100 in LINK and I put 200 in etherum this morning.. If I get some Trump bucks ill throw it in too probably. Ill even sell my nintendo switch so I can get some more tendies.

>>19737654
>Ibought in at 9,258 and now its 9,416 but if I sell I dont even fucking profit
What? Yes you do. And if the amount of profit doesn't suit you, trade with leverage

>>19737841
>>19737859
Thanks fellas. I'm new to this.

>>19737913
I think the profit is ate up by the 15 dollar transaction fee. When I hit sell all it says I dont even get back what I put in because it was only 1000 dollars.

Isnt it risking to trade with leverage? Im a newfag to /biz been on 4chan for like 13 years but im tired of /v/ and /pol/ and its time to make some tendies me thinks.

>>19737913
Think he's worried about losing profits to fees. He said he paid 15 something to buy in. If you're stuck with Coinbase op, use coinbase pro, much lower trade rates at .50

>>19737905
Also check out STA it has thread on /biz/

Basically, with the big coins like bitcoin and eth, it's going to be a long, slow few years before you get any kind of noticeable return. If they continue to go up, that is.

If you want to be more aggressive, buy some ETH and head over to 1inch exchange or uniswap and take your chances on shitcoins. You could have some very handsome gains, but you will most likely eat shit sandwiches many, many times.

Watch out for literal pajeets here shilling garbage. They can't into english so they are usually easy to spot.

>>19737654
Should've bought at coinmetro man

>>19737805
BEST ALT COINS

ETHEREUM
CHAINLINK

>>19738136
Should have bought xcm instead of btc actually. Gonna moon hard this summer. Mark my words

>>19738001
>>19738041
Oh, I see. I thought he had 1 full btc instead of $1k worth

>>19737654
imo with 1k
buy 100$ bnb to get 25% discount on transaction fees.
900$ in one alt that's dipped significantly
avoid leverage; and avoid biz scams
pay attention to order books, and also, don't put the 900$ all at once. buy at various times.
once you double/triple your money; start thinking about diversifying/long term holds
good luck

>1k
unironically ngmi
1000x days are over

>>19737878
Cool

>>19737878
this is the most deceiving fucking thing I read in a very long while