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/biz/ - Business & Finance


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22390749 No.22390749 [Reply] [Original]

If you have a problems with trading, understanding cryptocurrencies or just want to ask about your investments, post it here, i will try to answer you all anons. If you ask about investments, i would need time to research some projects and i might post my toughts in future threads.
>space text here
Why i'm doing this? Because /biz/ quality of posts drop down, porn, trannies, scams. Some of people here lost thier money because of these scammers, and i want to help unexpirenced investors and try to teach them how to do research. Also i'm planning to throw hints sometimes with my research. If you are expirenced "player" and you don't need help, move on, maybe somone need help with something. Make sure to check @polandballbiz for number of the threads, just to make sure noone want to scam you.

>> No.22390854

>>22390749
I made another thread for this but I probably shouldn't have. Anyways, sometimes at work I have absolutely nothing to do and no boss around. I have a computer, might as well make extra money while I'm already on the clock. What should I do? (Also why doesn't /biz/ have a proper sticky like other boards)

>> No.22390866

Hello anon do you think it'd be a good idea to make cum cocaine by putting my semen into a freezer, then sell it to crackheads and say that it's acid?

>> No.22390881

>>22390749
Nice. Can you roost your thoughts on PRQ? And can you recommend courses/places to learn trading? I would love to be able to life of trading crypto/Forex.

>> No.22390930

Is Uniswap safe? Have you successfully cashed out?

>> No.22391392

>>22390854
If you are new to crypto, and want to explore potencial investments, first you need to evaluate how much you can invest in crypto without worring about losing it. First rule of crypto is "invest what you can afford to lose". Second thing is, you need to choose what you want to do, if it would be trading or investing, short term, long term, do you want to invest in some unknown coins/tokens or well known. Next step is based of what you choose, unknown or well known coins/tokens, you need to setup a acc on exchange or eth wallet like metamask, what exchange to use should be your choice based on where you live. If you want to make simple traiding with top coins/tokens, use coinbase or binance, on binance you can find other tokens/coins, but it depends what you want to do.
If you want to invest in some less known coins/tokens, you need to research them. For example, you want to invest in token A, you need to go to coinmarketcap.com or coingecko.com and search for this token A. Look at marketcap, volume, total supply of the token, circulating supply of the token, go to explorers of the token, look at top holders of the token, how many holders in total this token has, look at chart with maxout zoom, when and how big was ATH compared to current price. This is first step in research for the token/coin, just looking at coinmarketcap.com or coingecko.com
If you are fine with marketcap, volume ect ect, go to thier page and look at it, read all you can, read whitepaper(don't download .pdf from unknown tokens, .pdf is easy to manage to be a keylogger or something like that), go to twitter of this project, look at all social media, thier posts ect. join thier discord/telegram if you can, look how "alive" it is(on weekends these can be "dead"). If you can, type on discord/telegram of this token, ask people about something you don't understand, yes they might scam you by saying everything like "you gonna be rich" ect. but you need to filter these with common sense.

>> No.22391457

>>22390854
Thing is, many people makes thier research in different way. At first play slow, don't buy high, and always try to make yourself a target for specific token/coin, and when this target is on, sell it. Don't regret if this project go up more, like x10 more, just play safe.

>> No.22391600

>>22391457
I'll be completely honest, I make around $300 a week but spend very very little, probably save 95% of my paycheck each week.
My goal is to be able to make an extra $20-$50 a day to start, over the course of 6-8 hours. These slow days at work happen a lot but I never know exactly when it will happen so I want to be able to contain all my trading within that time frame.
I think doing this approach will help me learn how to invest long term.
Ultimate goal is to not waste time playing games on the computer, honestly.

>> No.22391808

>>22390881
There is a lot of documentation about trading stocks/crypto, but i don't know any courses or places to learn it. I learn it by myself at my own expense, and to be honest, i would want to know thing i know right now. You can search for documentations about traiding on internet, youtube or read books about it, so many out there. Just take a note, if you read something out there, take it with some salt on top of that.
With PRQ, i don't know this project yet, i can look in to it for next thread if you like me to do it. For now what i can say, i don't like tokens with that much of max supply.

>> No.22391898

>>22391600
>I make around $300 a week
pls don't tell me that your an adult

>> No.22391904

>>22390930
As far i know, uniswap is safe, but if you have wrong contract address, you can buy something you don't want to. Right now it is easier, cuz they implemented search by coinmarketcap for example. Yes i successfully cash out one of the project i hold, fees are killing with it, but still, no problems with it so far.

>> No.22391970

>>22391898
No haha, going into a trade soon, just doing a fun summer job where I don't do much work.

>> No.22392027

>>22391600
If you want to daytrade, and you don't know when, it's tricky. You can try with small amount and build it up. If you want to daytrade, try to look at top coins/tokens according to coinmarketcap.com or coingecko.com, everysingle of them has thier swings during the day and night, you can always buy something in a lil bottom, sell it higher for few $ and buy another token/coin. Don't touch "tether" for this and "xrp" - This is my personal advice.

>> No.22392332

>>22391808
I would love for you to research PRQ. I'm in it. I liked that they have product but I didn't do any deep research. It would be great if you could describe how do you research token on PRQ as example.

>> No.22392472

>>22392332
I already describe it >>22391392
It's basicly this, but sometimes takes one-two weeks to do so. I will look in to PRQ for the next thread, but i will make it very basic