/biz/ - Business & Finance

They gamble with P&D’s and run off with other people’s money that’s how

>>21888285
You put your P&D money legit projects

>>21888299
I just want some decent long term holds.

So just buy a shitcoin early on and when it pumps drop it and then do it again? How do they do they

>>21888299
That sounds pretty based. How do I get into this business?

>>21888285
I paid my house off in my early 30s. Everyone here will tell you mortgages and home ownership are a Jewish conspiracy, but they’re wrong. Get it bought, get it paid off ASAP, rest of life is Easy Street.

>>21888317
*In legit projects

80% on /biz/ are shitcoins

It's either larping or an extreme minority.

>>21888285
Basically as the other says. Buy shitcoins early, get your profit and run. You can earn lots of money this way.

>>21888353
Still you wouldn’t expect them on 4chan

I just kept saving money too scared to invest cause I’ve always been so poor

>>21888327
Private P&D groups I guess, you do you. I wouldn’t be able to sleep well at night knowing my gains come from fucking over someone else.

>>21888285
Bought Link in 2018. Thats about it

>>21888399
But the people buying them are trying to do the same exact thing and are taking a known gamble

>>21888405
How much did you put in? I’m just getting into crypto and there doesn’t seem to be a link right now

Instead of buying P&D shitcoins you can also just invest in what you think are legit projects or market changing tech. Get in early, hold for a few years, then sell. Rinse repeat.
It might take a decade or so to really make it, but at least you're not playing russian roulette with shitcoins

>>21888465
That’s what I’m doing now but I’m investing really small amounts because I just got back into it and wanna learn and not just lose thousands on stupid shit

>>21888432
Not all of them I’m afraid but I see your point.
>>21888465
Pretty much this. But you need to have patience, just put a sum you’re okay losing and forget about it until the end of the year.

>>21888285
You a newfag aren't you?
LINK was basically /ourcoin/ since 3 years now.
You had 3 years to DCA in.

>>21888517
People have to be retarded to throw giant amounts of cash just started in stupid coins named “coom” or “insert random useless coin name here” type shit

>>21888563
They're all confident they play the game better than the others. Its a way to make money, but its more like gambling rather than investing.
Definitely not for me, the stress would keep me up at night. Legit projects are comfy because they grow naturally and are less likely to crash to zero.

>>21888562
I came here awhile ago but I was thinking of other business stuff but I’m just messing around with crypto trying to get into now.

I heard about link and I came back to check it out. I think I know what coins I want but they already mooned so I’m just watching everything and throwing a little bit of money in them just Incase

>>21888285
you buy waifu token

>>21888285
No risk no reward kid

>>21888285
Uniswap sirs join the t.

>>21888610
What are you holding?

>>21888695
Ughhh I already lost so much of my life.

The people who bought bitcoin and link didn’t even need a big risk to make a lot of money

>>21888285
We bought holo

All the so call self made millionaires from crypto who are actually verified so far earned from either BTC or ETH.

Haven't seen anyone else.

>>21888517
>not all of them
Everybody throwing money into shitcoins is trying to make a quick buck. Whether they've thought it through or not, that money has to come from some sucker. If they are dumb enough to think that their potential gains come from value that they have actually generated by doing nothing, then they are idiots who equally deserve to lose their money

>>21888741
Link/UTK/XCM/PRQ/PNK

All coins that I think will go up due to them being backed by legit products, with legit sponsorships and partnerships.

>>21888792
I just keep seeing portfolios with 6 figures that just have random shitty coins in there

>>21888399
> I wouldn’t be able to sleep well at night knowing my gains come from fucking over someone else.
Yet is ready to dump on normies at the peak of this bull run kek

>>21888819
They already mooned that’s why I’m worried of joining in

>>21888874
Kinda, thats why you gotta do your research and get in early. I still think they can and will all go higher though, but its probably to late to get something like a 10x out of them.

>>21888959
Is 10x really the best you can hope for? There’s not a chance for anything to moon like even a fraction of bitcoin?

I’m kinda hoping ftm takes off but that would be way too good to be true

>>21888991
Well no ofcourse theres a chance any of them might 50x or more, except Link because it already kinda did that. Its more so that 10x is like the minimum you should aim for on a longer multi-year hold in my opinion

>>21888841
Keep in mind you can easily make a fake portfolio, people do this to shill their shitcoins, often they pair it with something popular like link.
You sound somewhat like me, I had no knowledge of crypto when I got here, just understood how to sift through the bullshit, and barely got on the link shuttle before it took off (only 6k but it’s beginning to look like that might be enough). If there’s another link it’ll blow up here too, and the conversation will be organic. Just be wary of people shilling something directly as “the next link” or only talking about how much money you’ll make, those are easy tells it’s a scam.

>>21888462
Not him but I put in 500 every paycheque about every 2 weeks from late 2018 up to... now. That's how I got my 6 figure portfolio. Buy and hodl /biz/'s choice shitcoin and you'll make it.

>>21888746
>The people who bought bitcoin and link didn’t even need a big risk to make a lot of money

You keep telling yourself this.

Finally a thread with sound advise among the nonstop shilling and pajeet shitcoin ads. OP should listen closely.

>>21889131
This might be fud but link still has 50x and more potential, difference is it needs real world adoption, speculation won’t get it there. So in a dream scenario things progress enough that it lines up with next years bullrun, otherwise it could still take a few more years. Definitely a comfy long term hold though, and imo getting to 1k link is going to pay off for you more than 1 btc or 32 eth, the other common benchmarks pushed here.

Have 25k usd
Buy 56k link
People be jelly

>>21888285
Larping obviously

>>21888299
Yes.

>>21888285
Simple, we bought link when it was under a dollar and continued to do so for three years, some putting more than 70% of their income into it

>>21888285
What do you work with?

>>21889317
There’s plenty of loaded people here, the irony is the larp goes in both directions, richfags who larp as poor to try to scare people away from something they’re accumulating. Remember we’re all your fren, but at the same time someone has to lose money for you to make money.

>>21888331
Remember when just dad working could pay it off with a shit sales job while mom raised the kids

>>21889274
Oh its not a fud dont worry Im still holding my linkies myself. But Im pretty sure any newcomer is not going to get rich off Link, that ship has sailed.

>>21888285
OP here’s my advice. You missed out on the peak accumulation phase for upcoming bullrun. Could have already had 4-5x just with btc/eth, let alone what links done. But you can still see anywhere from a 5-20x from any of those 3, and possibly more if stars align.
If your timeframe to make it is 5 years, get yourself a safe portfolio. 1 btc, 32 eth, 1k link, just dca into all 3, then continue to accumulate whichever is the cheapest. Sell when crypto begins getting msm attention again if you want to maximize gains and assume some risk then buy back post crash, or hold through crash since you can’t predict top and it might not crash as hard this time. In 5 years you will make it.
If you need to make it by end of next year, you need to gamble on shitcoins unless you can invest 50-100k soon. I don’t advise this.

>>21889237
They literally didn’t. They could of mined or bought then forgot about the $30 bucks in there or whatever and woke up rich

>>21889412
I mean it depends what they are willing to throw down. If someone could drop 50 or 100 grand they could still get a ticket to the moon, it’s just highly unlikely they can come up with that sorta capital quickly, and if they could they probably wouldn’t be looking at crypto to save them in the first place.

>>21889499
> Actual solid advice

Congrats anon

>300k+ is considered a lot

Fuck you. I only have 30k Link which is nowhere near enough to actually make it.

All these Linklets with 10k stacks singing about 1k eoy are starting to piss me off with their propaganda. It was a joke and they are actually believing it and causing FOMO in newfags preventing the dump. Link is only going to $25 max. Right now I might make 1MM before tax on that, but tax will take a big chunk out of that then hyperinflation will fucking ruin me over the next decade.

Even if I chuck the 1MM into a dividend stock that pays out well and I get 70k a year of it, it's not enough to beat inflation unless I basically live in poverty as a neet and keep my wagecuck job in the meantime so I don't have to sell any retirement Link. In 5 years that 70k a year will feel like 20k a year. You need a minimum of 3MM, but more likely 5MM to make it. The upper predictions for Link were about $60 but that was made during the bullrun of last year, and it assumed that the overall crypto market cap would still be expanding and BTC would go on to 1MM a Bitcoin and that we would be in a full blown crypto FOMO hype bubble when mainnet came out and we got our price singularity. All of that isn't going to happen anymore.

The singularity is cancelled. Now we will have a slow growth to $25. And the sad but ironic thing is most people on this board will hold from $1 cents, to $25 and then hold all the way back to sub $1 again because you all believe the 1k eoy memes, and just like the retards who held BTC and didn't sell at 19k, you will do the same with Link at $25. Looking at the current charts depresses the fuck out of me when I know I only have 30k Link, nowhere near enough to make it.

>>21888746
stfu you pussy. i watched my link stack drop 80% and still held. your scared money isn't going to make money. go invest in boomer etfs

>>21888285
I masturbate elderly men in their oceanside homes when their wives die. I get paid well for this. I am a man of my late thirties and of a heterosexual persuasion.

>>21889739
How is the pay?

>>21889707
That has nothing to do with what I said you fucking idiot

>>21889763
Some men are so grateful they will pay me $1000 per orgasm. I can do this up to 10 times per day, 7 days per week.

>>21888399
stay poor then you fucking faggot

>>21889643
how retarded are you to not be able to live on 70k/year lol? i make 36k/year GROSS and still managed to buy a house and live comfy lol. you must eat a lot of avocado toast, or live 2 minutes from downtown homie.

>>21889516
To commit the time and effort into a brand new and untested project takes a specific mindset. Saying they "just got lucky" or "didn't take any risks" just marginalizes what it takes to be bold and try new things, that you clearly don't have.

>>21889830
Sometimes I wonder if there are any high class escorts out there with enough brains to invest. Could make it for life in 1 or 2 years without having to marry.

>>21889927
This. I told my brother many times about link. Guess when he finally said he’ll grab some? When it hit $20. He might make enough to pay off his mortgage now...if he doesn’t sell early, which he probably will.

>>21888285
By doing vigorous amounts of Jelqing

>>21889830
Bull shit this has to be a larp. What about taxes and all that

>>21889895
You're responding to pasta

>>21888285
I unironically started with 1k 3 months ago and its 20k now.

>>21890000
Chest
>>21888888

>>21890000
Alright either you’re larping as a newfag or you’re never going to get it.

>>21889927
this, most these Plebs would’ve sold at the smallest profit, it takes big stones to ride a six-seven figure portfolio especially after the Merciless 2 year bear market we just had

>>21890033
Btw op if you’re a legit newfag this is what a scam looks like. Only talks about the money they made, memes are weak copy paste of logo onto more recognizable images. 2 seconds of research into statera would show you it’s a scam but a surprising amount of people here refuse to do this and fall for these scams, which is why they continue to shill this board so hard.

Well as we all know the blockchain application is evolving with age and bitcoin gaming is also developing then one of the best platforms is games.bitcoin.com as they have really amazing casino games like poker, roulette, blackjack etc. There they give bitcoins as a reward so get your self some bitcoins just by playing.

>>21889516
Dude, try putting thousands of your hard earned dollars into an unknown asset class. Hindsight is 20/20.

>>21890175
Well the money you can make is one of the biggest usecases of the project right now. But obviously if the market crashes you wont make any money being in pools. I know pools have existed a long time but the deflation of statera is just "fuel" to make the pool more profitable since the balancer will constantly have to make more buys and sells to keep everything at a set %. And i looked at everyother defi project and the wallet distributions are completly insane. Statera atleast have the most decentralized distribution. I also strongly believe that a decentralized project aiming to be a "hard asset" cant have a centralized lead.
But thats just what i think. We will see how everything plays out. Its called Decentralized finance for a reason.

>>21889807
Yes it does. You don't understand that buying coins that cost pennies is a huge risk. Try watching your life savings dwindle to nothing.

>>21890298
Again op this is an elaborate way of describing a ponzi, something crypto is trying to distance itself from (legitimate projects anyways). If you fall for this you will likely never make it anyways. Read the whitepaper.

>>21888285
Verasity, anon. Verasity staking. (and it hasn't even begun)

>>21890462
COPE

>>21890280
>>21890350
a lot of people got 'rich' by buying an incredibly small amount you idiots.. rich is relative. what you retards consider chump change might be considered rich to someone else such as OP

>>21889807
it does though. you won’t make it if you’re delusional like you are and think that brc and link were easy to make tons of money with. why arent you already rich if that was the case?

>>21889159
>Just be wary of people shilling something directly as “the next link”
listen to this if you never want to buy anything on /biz/ ever again

>>21890462
Okey i see you dont know shit, if you think a pool is a ponzi you cleary dont know anything.
I could be the only person in a pool and still make money.

>>21891132
I said be wary not outright ignore. There needs to be threads dedicated to what it actually does, if you lurk long enough and the only discussion is about how much money you’ll make, maybe at most a pasta explanation of the token that goes ignored without any attempt at fud, then it’s probably a shitcoin.

>>21888331
That's my goal. Refinanced at 3% on 30, but overpaying to get it off in 15 years. End up paying the equivalent of an extra 7 months over the 2.5% at 15, but the flexibility is still nice.

190k left on it, and hoping to reap that in Crypto and pay it all off... Which I could've done if I had cashed it out in 2018, but I didn't...

>>21888285
bought link at 75cents average
have like $400k.

>>21888285
>How the fuck do you guys have so much money?
I have over $350,000 in crypto, but honestly you are richer than me.
Crypto only makes you rich as much as you can put into passive income. Id make only minimum wage if i put my money into dividends stocks right now. Far from luxurious lifestyle.
All these people bragging about a $500,000 networth or a $2,000,000 arn't actually rich at all. They like to tell themselves theyre rich, but if you ask them how they plan on living off $2,000,000 they have no fucking clue

>>21891639
Debt is incredibly jewish, but playing with debt to invest is still the best way to beat this rigged game. The average person doesn’t even realize fiat is Monopoly money.

>>21888326

Buy LINK. It’s really that simple.

>Bought $7000 worth of LINK in 2019
>Now have $200,000 worth of LINK in 2020
>Next year will have $2,000,000 worth of LINK

>big savings
There's your mistake. We have money because we don't save. Saving is like investing in the [your local currency]. How many people do you know that got rich off hodling a perpetually dumping asset?

>>21888285
I went all in LINK in 2018 when I was in highschool kek. Got 19k LINKs.

>>21891724

A paid off house on a minimum wage salary working 0 hours a week is pretty much nirvana to the average man.

>>21891802

Brilliant play. I envy your foresight at such a young age, took me a decade of torturous wageslavery to seek the exit.

>>21888285
Buy on private/seed stage and dump on retail. Easiest 5-10x in many cases. Get into projects that are still behind retail investor stage. E.g. Oasis Protocol

>>21888399
it's just this, if you were here at the right time and got into those groups you got rich with zero effort, but like with most things in life it only matters on who you know not what you do or what makes sense.

We’re in early stages on creating something new.

This journey is going to take approximately 3 months but the reward will be worth it.

We’re going to launch BIG in November.

If you’d like to join us, please visit our new discord: /xAXcrd6


REVEAL COMING AT 7PM CST

Join: /xAXcrd6


There's no presale, nothing on the market yet. As mentioned, this is extremely early.

>>21891786

Correct I have a 5 digit LINK stack and less than $200 in my savings account.

Imagine asking a bank if they gave a savings account that could compete with 700%+ ROI KEK

>>21891840
It wasn't really my "brilliance" or so. I was super focusing on learning programming to make apps or to somehow make money since the age of 15. Ended up doing an illegal scheme at 17 which netted me $4k. Then discovered crypto and somehow turned $1k into $10k in the IOTA bullrun 2017 Nov. That went into $40k briefly in peak bull in January 2018. Then discovered biz and basically was spoonfed like a baby and I thought the risk/roi is too great to not go all in LINK since everything else was a clear shitcoin with teams shilling on Twitter while Sergey didn't even tweet during the bullrun. I owe a lot to biz.

>>21891734
Yeah, during the 2008 housing crisis, I tried to take out a $25K loan to invest in silver because of what Ron Paul said would happen. Couldn't get anyone to give me the money at that time, and had to watch the price of silver triple without any skin in the game...

There are some absolutely real world use case low cap coins out there that could absolutely go mental in price. It's if you have the balls to put your money in coins that aren't shrilled by anybody and trust your own research.

>>21891840
To clear things up my $40k turned into $4k all in LINK 2018 June. So really I should have played it a lot better to have at least 40k LINKs, but I'm ok with how things are.

>>21891941

We all do, but you still had the foresight to trust your instincts and intelligence both to make such a play.

The knowledge was the gift, but don’t shortchange yourself for taking the action.

Don’t get too big on yourself for self brilliance either (doesn’t sound like you have this problem anyway) it will cloud your analysis. And remember to thank God as well, His providence places us all where we are meant to be.

Godspeed fren. Ya dun good.

>>21888285
You're doing good and should be proud of yourself. Ignore the larps on here

>>21891994
Anon you’re doing fine. I’m 35 and only sitting on 6k link. It’s all about appreciating the position you’re currently in with one eye on the future, can’t let regret paralyze you.
We’re all gonna make it.

>>21891994

I was up almost 7000 LINK on the run up to $20 and only came away with 4000, then got eaten a little more trying to find the “bottom.”

I know exactly how you feel. Don’t let it consume you too much. Did I lose 4000 LINK or did I gain 3000 LINK?

Not to mention 19,000 puts you in top 2000 wallets easily I’m sure.

>>21888387
Scared money = lose money
Grow some balls and buy the next uniswap shitcoin

>>21891724
$2mil in SPY would on average spit out $140k in dividends annually. I'd say that's very livable.

>>21888285
most of the richfags here like myself got into ETH and/or LINK early

>>21888285

OP read this >>21888353

And this is the method >>21888337

You also have to remember, there are thousands on people on biz with varying ages.

You don’t know how old most of these people are... I could tell you my net worth is $400k and you’d be impressed. But then I’d say I was 36 and you would think, oh, that’s achievable

>>21891761
Are you sure link will keep going

>>21892044
cope

>>21892080
It doesn’t get said as often anymore because of recent reddit infestation but anything over a thousand link will probably make it in the next 5 years. 10k+ if you can hold is borderline fuck you money.

>>21888285
There are at least 200+ biz anons with 20k+ link stacks. That's how

>>21892146

Yeah perspective is lost on both oldfags and new, for different reasons.

I was kind of blown away the other day when someone said 7000 LINK puts you in top 1% of wallets.

That number will only decrease with time. Not going to lie took a more reserved position after that.

Really hits home when someone informs you you’ve been daytrading a top wallets value like it’s World of Warcraft gold.

>>21892127

See

>>21891941
This picture

Also my picture.

Seek enlightenment. Seek God. Amen.

>>21888746
>The people who bought bitcoin and link didn’t even need a big risk to make a lot of money
we’ve held through multiple 50%+ drops faggot. in fact we’re in a massive sell off right now this board has been astroturfed with LINK fud for the past 2 weeks. I’m down hundreds of thousands in unrealized gains and have not considered selling. do you have the balls to hold through that? I’ll answer that for you no you don’t.

>>21892238
I’ve only swung once ever, like a year ago when I only had 800 or so (my first purchase) and stakes weren’t nearly as high. Made like 100 link. Just dca’d I’m since then. If I was here in 2017 instead of chasing some cunt I could probably have 10 times my stack, but if said cunt didn’t leave me just’d I might never have been desperate enough to shoot for the moon with crypto anyways.

>>21888746
I started DCAing into link when I was 37, it’s never too late.

>>21892314

They have no idea what it takes fren. Know that I do. We’ll make it.

>>21888462
Turned 4K into 200k with LINK. Bought in 2017.
Link is the “next link”. It will hit $1000 easily. You just need to accumulate link. It’s that simple.

>>21888285
it's a few people who got very lucky at some point of time and took a snapshot of their portfolio, take unrealized gains with a grain of salt

one day I can be up 200k and even if I realize it can invest in another shitcoin of the month and be down to 20k again but if you are just looking at his peaks it will look like he's so smart when in fact he's just riding insane volatility up and down

>>21888841
pro tip: if you see a six figure blockfolio that isn’t mostly LINK ETH BTC it’s more than likely an indian shill trying to get you to buy into those pnd shitcones

>>21892360
nice blog faggot

>>21888462

Just buy all the LINK you can afford and hodl.

LINK is the next LINK 100% this is the last ride cowboy. Once LINK accomplishes it’s mission the Wild West if the crypto market will be tamed.

Stake your claim young man.

I'm gonna weigh in here I'm new to biz but not to 4chan I could never save my wage is shit compared to the hours I put in I've tried saving a bit every month but it never even stays in my savings for a month so I figured I could just put this money into crypto instead and because of fees and tax etc and the fact that I don't look at it as money I won't withdraw it so I've started putting in around 100 a month into my portfolio I've done this for 2 months and not once thought of withdrawing it the same way I would with my savings now is there potential for me to make it with such little capital to put in bear in mind that 200k would change my life drastically and I take home around 1700 to 2100 every month this is the only way I've ever managed to actually 'save' pls no bully

I started stocks in May and I just bought my first 13 LINK like 2 hours ago. Only wish I started sooner. But taking it in strides.

>>21892393
holy based

>>21890175
weak fud

>>21892493
Kek I remember anons making all these "trifecta" holds with REQ, QSP and LINK. Then those kinds of portfolios just turned into 99% LINK because the other 2 shitcoins dumped so much lmao. LINK didn't even pump much when it went from 120 rank to like 40 rank. It's just that all the other shitcoins dumped. Fun times.

>>21892848

>Didn’t even pump much when it went from 120 to 40

It really blew the MCAP FUD out the window too. It hit #5 at like 6 billion mcap.

That confirmed the ride is just starting for me.

Buying as much good quality crypto as possible and never selling, even when it dips 50%

>>21889895
How did you buy a house on 36k? Where?

>>21892822
copy pasta memes kys pajeet

Crypto is really just an IQ test on how easy it can be to make money once you figure out how it works. Don’t get greedy, sell Uniswap PnD’s after a 2x besides maybe keeping a small moon bag in there for shits. Reinvest those earnings back into legit projects. Go with the trend in the markets. Defi was exploding for awhile (still is just slowed down a bit) so I put everything I had into defi projects a few months back. I’m currently doing the same with Polkadot projects since that’s where all the money and interest lies right now

>>21889516
this is why you are poor and will always be poor

Can someone invite me in his PnD secret group? I just need 30k for a downpayment for an apartment. I dont want lambo life.

>>21893867
Stop spoonfeeding these retards you kike
You're the reason why rugs are being pulled on uniswap before 2x even happens right now instead of lasting for days

if i get a masters in finance with an unrelated bachelors will I be able to get an entry level analyst job?

assuming not a masters from a target school

>>21892127
It will keep going but it wont be massively overvalued as it is now it isn't a safe long term hold.

Right now LINK has the value of multiple oracles because even though most projects use more than link, due to links expenses and inabilities, other oracles havent taken off.

In a year or two this will not be the same, link's evaluation in the market will be compared to other oracles.

>>21888874
Get in Reserve Right anon.

>>21894505
Might be different depending where you live, but your chances would be very slim from what I've seen (in Canada).

>>21888746
Get off this board asswipe, I bought LINK all the way down to $0.14 when FUD and despair was at an ATH, I went through so much mental training to continue the course and ignore the majority, I had to develop more mental skills than have in my entire life just to be in LINK early, I downloaded their whitepaper onto my Kindle so I could read it over and over again to understand it completely while you jizzed on your computer chair.

You don't deserve it, early LINK holders who've made it this far have been through hell and back and have had every thought they've ever had about the project questioned and tested.

Kindly fuck off

>>21889895
lurk at least a year before posting again

>>21888465
you're playing russian roulette with legit projects too, VC have a notoriously shit rate of getting projects off the ground and they start off with the base assumption that all their projects are legit. You don't even get that guarantee here

For anyone reading this thread, it's full of retards who don't know what they're talking about and would rather cry about who's to blame for them being poor.

LINK hasn't even started pumping, you see that fear you have of buying in now? That's the same fear we all had buying in early, it's high risk, but the network is necessary and it's finally gaining adoption and being realised for it's potential.

It's potential isn't even close to being fully realised

>>21888562
Must feel good to have a project you're tied to
I remember the req vs link days. I foolishly chose req instead of just buying both

>>21895051

yea that's what im afraid of. I would try to take the CFA level 1 after graduating but I'm not sure if I'd even be eligible, think it says you have to have a bachelors.

anecdotally I heard canada is very competitive for finance so maybe it wouldn't be as bad here (LA) but I think you're right that it would definitely not be easy.

>>21895121
this, I didn't even get in early but I have so much respect for the people that did. its their sacrifice that makes you feel comfortable to invest now. just be happy you even know about it, getting in now is still like getting in a big traditional stock before most of the public is aware of it.

>>21895121
So you just clicked buy and sat around?

>>21895338
why didn't you? pussy

>>21895338
I invested as much as I could afford to lose $10,000 and took out personal loans to invest. I lost money at multiple points, but yeah it wasn’t stressful at all

>>21892280
>tfw you still have no idea what the fuck link is
There is no hope for, me is there?

>>21889206
But every thread shills their own shitcoin. There i no agreement about LINK anymore either, as many are selling. Or am I just a brainlet?

>>21895338
I've clicked buy about once every week or two for 3 years, when someone like you wouldn't have the balls.

The only difference between you and me is I spent years studying the project, solutions, integrations, network, network effects... everything, fucking everything.

I've helped so many anons on here when it was still under $1, now all I see is clingers who don't deserve it so I help no one anymore, if you feel despair don't expect any serious advice from those of us who have up years.

Always buy, always accumulate and you'll be rich.
Read charts and be an emotional prick and you'll never make it.

>>21893867
based anon. OM is my next pick.

>>21892584
Keep doing what youre doing. Learn along the way and by the time you have a decent stack youll realise how right you were.

>>21891489
Most of the swaps in balancer are arb bots, and if they make swaps it's only if they profit. Even if they have to pay fees into the liq pool they still profit. They accumulate eth with each arb they do at the expense of liquidity providers. The arbitrageur will slowly leech the value out of the pools it arbitrages and this applies to any pool, be it balancer or uniswap. Remember that money isn't generated out of thin air just because they pay a fee. If they still make money despite the fee someone else loses that money. That someone else is the liquidity providers as they are on the opposite side of the arb swap.
The only way for liquidity providers to get actual value from the fees paid to the liq pools is if whoever is doing the swaps is losing the trade or if new money comes in.
Right now, because it's mostly arbitrageurs doing the swaps, the yields on pools like sta's are illusory.

>>21888285
Not being retarded. Invest only in what you understand. And never stop learning.
t. autist trader

>>21892584
The only key to saving money is to spend less than you earn. You're doing that, anon

>>21889206
you only invest in crypto?

>>21891941
>1.4 quadrillion mcap
yeah ok

>>21889516
>could of
You’re just dumb lol

>>21895303
Fuck I made the same mistake bro. Had both LINK and req and foolishly focused on req. Fuck req

Anons, as a complete newfag to crypto, how hard am I going to be buttfucked and what resources are good for learning the ropes?

>>21897084
Don't play with derivatives with retarded leverage amounts, buying and selling shitcoins is easier, lurk around and spend very little at first to get how things work. This is the trader path.
The hodler path is boring and will likely result in you being a bagholder, but it's also the one that allows you to take part in the moon missions.
You can do both.

One of the easy and fast ways to earn in bitcoins is to play online games such as blackjack, slots, roulette, video poker, and many more on games.bitcoin.com where there is also an event going on of a prize pool of 2 million US dollars.

>>21897230
Ok but what about cashing out? Do I just use my funds to buy something stable like tether when I'm happy with my money or do I just invest/gamble it all non stop? Or do I (god forbid) buy actual currency and pay 20% tax?

One of the easy ways to earn bitcoins is to play simple games such as online casino games at games.bitcoin.com where there is an event going on having a prize pool of 2 million US dollars.

>>21897440
You put them into one or several defi stablecoin yield farming projects. Research those a bit. But for now that's putting the cart before the horse, unless you already have 100k you want to drop on crypto that is.

>>21888873
this. >>21888399
when you're sellin your gains youre literally fucking over someone who is buying the ATH retard

>>21897503
Ok ty anon. I'll probably lurk and learn for another half a year before seriously attempting anything though. I'll make sure to send you an invite to my mansion once I buy it

>>21895304

CFA fag here. Dont bother unless you went to a target school. Switch fields.

>>21891871
lmao this fucking clown has been recruiting people for days only to offer paid membership to their exclusive pajeet telegram

>>21888285
some guy called assblaster told me to buy chainlink on this underwater paragliding forum

>>21897897
He also told you to buy xcm, so anyone reading this reply can still follow assblaster and make it.

>>21894569
Yes very good sirs buy Tellor coin make whole village king! Good oracles.

>>21897765
Would you elaborate?

>>21898687

Finance is over-saturated. There are way too many candidates. Unless you go to a top 5 business school that IBs and hedge funds recruit from, you wont land a job without SERIOUS connections.

If you want a job on merit, they need stats/math/C++ programming more than they need CFAs. This is even more rare than getting in through a top school though.

Also, iirc you can sit for l1 in dec of your senior year, l2 in june. L3 is a joke. L2 is brutal. Especially for a cert that basically gets you a Series 7/63 call center job.

>>21889379
There are just too many fucking people in this country, and so many of them are net negative contributors to the system

>>21888399
NGMI moralityfag

>>21889499
Good advise.
Only thing I would change is make the solid part of your portfolio 80%. Gamble on shitcoins with 20%. Does the shitcoin portion rise to 50%? Great, rebalance to 70% solid, 30% shitcoin.
Does the shitcoinfolio again outperform your solidfolio? Well either you are a shitcoinmaster or we're at or near the peak of the bubble by now and you've likely made it. Cash out if its the latter.

>>21890298
>Well the money you can make is one of the biggest usecases of the project right now.
WAZA WAZA WAZA WAZZUUUUP STATERACONNECT

I'd like to add that the information available on biz isn't really available on anywhere else. Reason you can buy some shitcoins with potential for low prices is that autists research 24/7 and mention them on this board. Meanwhile reddit is still excited about coffee shops accepting BTC. You make money by having information that the majority don't or for some reason can't really understand that information until it's too late(Chainlink).

>>21900322
checked
also you don't need majority consensus for a coin to be considered good. this will always resign you to mediocrity on a site like reddit, where not only does everyone have to agree "this is the winner", but fudders and scammers can fuck with what you read thanks to upvote/downvote fuckery. here its all hanging out in the open, nothing can be hidden, and if you can see through bullshit you will find the gems.

>>21900322
for example I saw CAP(cap.finance) mentioned here about 3 weeks ago. I bought a small bag of $700 CAPs which is about $1k now(I was hoping for more hype really). Now I haven't seen it mentioned for a while. Will this shitcoin go up a lot? Idk. It has crabbed at a stable price for a long time. Project is about DeFi trading real assets or whatever the fuck it was. Team seems ok. It isn't being spammed on biz so what does that tell me? Either it's dead or being bought silently. The beta is out and the main thing will be out in October I think. It's still under 10m cap. Basically you try to find projects like these if you want to grow faster(I just hold my 19k LINKs and 22k bzrx since I can't be bothered with researching shitcoins all the time) and then you just put an ETH or two into them and hope for the best. Don't get greedy when it pumps 3x. Cash out your initial at least and repeat the process. I would do this with like 4 different projects so you aren't stuck with one that will only crab. This way if some pump sooner, then you can either find new projects or put those profits into the ones that haven't pumped yet.

>>21900574
smart man. just keep in mind this isn't how you make millions, its how you make the capital to make millions, assuming you don't already have access to enough disposable income. if you get greedy with these though you will get caught holding bags, I make enough fortunately that I don't fuck with shitcoins, too stressful

>>21900469
Yea really the main thing here is that even if the projects are heavily fudded, you at least can see the project names, can write them down and then research them yourself. Ofc that is more work. I try to see if the fud is genuine or not, but sometimes the fud is just too well constructed.

>>21900638
there are gems I've missed, but what helped me with link is every piece of fud ever made got refuted, but only by obsessively lurking and checking threads for a couple weeks. also when fud starts getting reused as pasta, and clever pasta not silly shit like "sergey's dumping on us again" its a good sign there's no legitimate fud.

>>21892427
this

>>21900633
It really is stressful kek, but for people with only like $5k, this is their best chance to get to like $100k+ in this bullrun if they have the time to shift through all the shit.

>>21888326
Go research this 2 million dollar market cap. Thank me later. Specifically research the founders work and research papers.
Or don't I don't care.

>>21900703
Chainlink is literally the holy grail. I don't even think of it as a "crypto". It's more like some unicorn stock or something. Sergey is so proffessional and calculated with so much background as well. The team is really good. Fundamentals are there. All the connections. It's really something special. Not even Bitcoin or Ethereum was this well done or so. It's fucking magical.

>>21900754
this is true. I'm pretty set with my bags for now but if I wanted to load up further I'd prob play a little shitcoin lottery. though based on op's responses in this thread I suspect he'd get his ass handed to him and give up for good

>>21895712
No hope for you to develop projects with it. You DO understand buy LINK and number go up right? Number go up means more money.

I'm with BITCOIN since 2009, for the whole time, every single day. I even bought my first bitcoin and altcoins in 2009-2011. I was during 2013 and 2017 and 2020 bullruns. I have -$5000 debt in my bank account. I had very small amounts of money to invest :( But in 2017 I was able to turn $300 to $30.000 and withdraw maybe lik $4000.

>>21888299
>run off with other people’s money
is how you get rich kiddo

>>21888399
>fucking someone else
literally you fucking someone else by fucking selling you idiot, someone inherits your bags for a price you dum dums

>>21888387
Honestly? I now have about $100k in cash, and about $500k in crypto. Last year in may I was at $70k cash, $20k in crypto. What did I do? I held onto my stinkies that I've been holding since 2017. That's literally all I had to do

>>21901687
I like to mix /biz/ with /fit/, and I've found in both cases, people justify their failure to make progress by making the process seem more complicated or difficult than it needs to be. You can take shortcuts but unless you're blessed and/or lucky, the big winners just stay consistent with what works.

Do you think it's still useful to enter Chainlink now if you have only 1k to invest?

>>21901777
checked
my honest answer, if you want a safe 10-100x within the next couple years, yes. if you want to be a millionaire not unless you can consistently put a 1k in like weekly.

>>21901515
If you have known about Bitcoin since 2009 and only profited 4k you're honestly fucking retarded.

>>21901777
fuck no.

>>21888746
why are you so focused on shitty fucking link? if you bought BUIDL in May you'd have made more money from that by now than you woudl've from holding link for 3 fuckin years.

>>21901769
totally agree anon. totally fucking agree. people just have to understand that at this point after three years, we just have to trust our own judgements against the fud that is getting weaker every month. for the record, i have never sold a single one of my linkies because thats how you start to become greedy and i just personally felt content with my stack

>>21901827
>>21901777
checked
unironically yes it still is. Link and Eth imo are the safest bets for 10-100x growth by mid2021 to mid2022. you wont make it, but it'll give you capital to get going. or you could gamble with shitcoins and maybe strike some luck

>>21902045
just to give a /fit/ example, I can't begin to tell you how many people in my every day life claim they have a metabolism issue, or they don't have time for the gym (nevermind that I only go 40 minutes 3 days a week) and a littany of other excuses.

>"anon what is the secret I just want to lose some weight and tone up"
>"count your calories for a month, subtract 500 a day to lose 1 lb a week, lift heavy 3 times a week"
>"that sounds like a lot of work, there has to be some special diet or workout"

every fucking time

>>21888285
>dEndi
with an ID like that you'll make it too

>>21895303
Iktfbro

>>21890000
Waste of digits.

>>21895338
If it's so easy show your gains faggot

>>21888285
>How the fuck do you guys have so much money?
Larping on a mongolian basket weaving forum, that's how.

>>21888285
The exchange rate between USD and Rupee is excellent.

>>21889643
>ETH is going to $25 max
>BTC is going to $25 max

Those with huge portfolios are burguers. If you are a burguer you are not scared to throw 200 dollars every month in the new defi scam because you can always work a few months in McDonalds and get it back.

And if you throw enough bucks in shitcoins eventually you will be lucky. Crypto its not that hard, the hard part is having capital to invest in scams every month

I keep seeing advice of research a project you think is good and invest in that one. I'll give it a shot:
>Vechain
Seems like a great use case since product traveling the world and it needs to be tracked for data logistics and to prevent counterfeits. I can only imagine it gets global adoption like bar codes.

>Basic Attention Token
I like this because commercials during re runs of old sitcoms is going to die. Its all about social media and web surfing and apps and there needs to be a way for advertisement to evolve. Advertisements can become welcomed by people of they are not in the way or stupid and also relevant (maybe you answer a checklist and get adds to your liking like sports or grilling or cooking).

Am i thinking about it right?

I don't. I have like 3 grand and 30 grand in student debt.

>>21902956
>muh browser plugin token

>>21888326
>I just want some decent long term holds.
Monero.

>>21900322
But how do I distinguish what coins are legit and which ones are basically a scam? More so, how do I get to know which of the legitimate coins are going to blow up and which die? If we are talking very early projects then there usually is very little information about them so it you can't really check it right?

>>21888285
chainlink

>>21897582
that's different from a concentrated effort of fraud

>>21902778
>LINK is comparable to ETH and BTC

LINK is like the 2% back you get from using credit cards. How can it be worth as much as the currency it verifies?

>>21891922
>5 digit LINK stack and less than $200 in my savings account.
>Imagine asking a bank if they gave a savings account that could compete with 700%+ ROI KEK
Where are you getting 700%? I was thinking about pairing Link with Ampl.

>>21888285
I truly don’t know how people make money of these pump and dumbs. I fell for ghost and lost 500 link from it.
I promised myself that’s the last time I ever play with my links. I’m back up over 1k and I don’t plan on ever going lower.
Total amount of cash I spend was about 3k so I did OK not great but better then some.

All in PRQ.

Have fun.

>>21904693
most don't, 95% of the posts bragging about gains are pajeets trying to get you to buy so they can dump on you. just use logic for a second, unless it was so sure a bet that you couldn't lose and you were counting on institutional money instead of retail to pump your bags (link), why would you share a low mcap coin about to pump? you wouldn't.

>>21892427
Cope real Linkers aren’t selling till 3-500+ and have been holding since sub $1

>>21888462
PNK

You're welcome

>>21904825
yep most are fake, on twitter also. everyone shilling is doing the same thing, just stack link and chill my man

>>21888299
0.0000001% of biz has profited daytrading. the rest just buy fashionable shitcoins at their peaks, sell them at the first downward correction then put losses along with their pocket money into the next ephemeral copy-paste faggotcoin, whose whitepaper they haven't read. the portfolios you're seeing are fraudulent, they just type in whatever imaginary amount they want to play that they have.

>>21888462
RSR is the next link friend. Don't listen to the $1keoy cultists. This is coming from someone who rode link from $0.20, there just isn't too much room for it to grow.
Grab a few by all means but if you're just getting started you want an upcoming project that is below top 50 in mcap.

>>21888327
Well I would not rush paying off nortgage. More returns elsewhere. If you are worried about shit going south and not being able to pay loan then just buy out a shit house in middle or nowhere. Can withtstan rainy days there and maybe make a bit on rent when times are good.

>>21905680
>Don't listen to the $1keoy cultists. This is coming from someone who rode link from $0.20, there just isn't too much room for it to grow.
>Grab a few by all means but if you're just getting started you want an upcoming project that is below top 50 in mcap.
I was thinking about staking link/ampl in it's geyser. Think I should just sell a large amount of link to go into a low MC project? Any you are looking at atm? I own a lot of PRQ and Aced right now.

>>21888285
here is how..
i've been working construction making shit/ok money, i seem poorer than everyone cause i have no savings, can't afford food, apartment, everything, i never have to worry or check my balance because civilization rejects me.
and i am the one who makes it.

Its always been link. I fucked up so many 5-30xs during the last bull run. Just hold solid projects.

>>21888746
>risking all you have is not a big risk

>>21904020
true. fuck STA.

>>21888399
Jews and their servants fear this anon and theyll envy his ability to commit to morals