/biz/ - Business & Finance

>In crypto since 2016
>Only 5K profit

Have you tried just buying and holding bitcoin? It's clear you have no affinity for trading so just stack bitcoin for 10 years.

>>23484406
im generally bad with money, also at the end of 2016 i still had that mentality of spending money on consoomer goods, so when ethereum went to 100 on 2017 i cashed out everything, then sold antshares when it mooned to 8 dollars. in 2019 march bought in again and everything massively dumped, only after all those years ive think ive got a better knack at holding, because i think that is a somewhat skill to, to be able to hold

now im hoolding parsiq, aergo, dia. plan to hooold till new years

>>23484378
try selling and buying back

>>23484576
kek, already did that a few times in my trader career. only to loose few hundred euros in a day xD

Fuck it sucks being poor :/ I hope I'm at least making good decisions (I know value is down like 95% from ath, but my DCA is like $4.20 so I'm not in that bad of shape). Am I just straight up not going to make it? I plan to keep adding about $200/week into quant and lit

>>23485400
your folio aint bad. and its good to spread into three coins with this sum of $, because some coin is destined to moon eventually

>>23485400
but i think you need like 20k of usd to be able move into the big leagues, 1k-5k $ usd folios is like the cursed zone, thats very hard to get out. also i feel like us poorfags make worse decisions due to never having stable ground below foot, and sometimes sudenly bad shit happen in our life and we dont have a safety net to fall back on. my last tip is try to generate some side hustle outside of crypto that way you can funnel more into gambling our way to financial independence

>>23484499
have you tried not holding shitcoins? literally all you had/have to do is buy LINK/ETH/BTC to achieve 6 figures in crypto.

>>23485525
are u serious dude? what is 5k euro gonna achieve with eth,btc, link? unless im prepared to wait like 5 years with them... i think ur wrong

>>23485400
>no BTC
>a minor amount of ETH
>random shitcoins

Anon I don't want to shit on your life, but... Wtf are you doing. Don't try to mak emomey on scams. Yes they go up 100x, but you and I are too dumb to catch that move. It always happens too quick and too late.

This is my portfolio. Nothing has changed in years except the dollar amount that it is worth.

>>23485556
you've been in crypto since 2016 and still poor lmao meanwhile I came in with a couple grand in 2018 and bought link at 0.34 because of a fat sergey meme. stay poor if you wish

>>23485571
clearly ur folio is a bit bigger then his 2k usd. lmao, yes nice advice "just buy like 2 ethereums 0.1 btc and hope for the best"
id rather hold my shitcoins and have a chance at moon then top coins for big players

>>23485614
What’s your current recommendation smartie pants?

>>23485614
u got lucky, just admit it. there are people who been in crypto since 2016 and lost money. do i feel bad i missed the moons? yes, but im not gonna kill myself yet

>>23485659
lucky I found a once in a lifetime investment opportunity? yes, but I can already tell you would have been the brainlet to sell link at 1$ because of muh mainnet dump. the fact is you and I are too dumb to time these markets, so the best play for us is to buy and hold with diamond hands blue chip cryptos like LINK/ETH/BTC. You complain that you don't want to wait 5 years for your x100, but you've already been in this space for 4 and have nothing to show for it

>>23485621
....idiot do you think my portfolio started with 150k? 2k in eth years ago would be millions now. 2k in link years ago is hundreds of thousands now

Look at where btc and eth were 5 years ago compared to now. Now pull up coinmarketcap and look up every single coin outside the top maybe 20. There's well over 1000 coins, and all but 20 of them are in a perpetual downtrend. You will never achieve what you think you can with random shitcoin pumps.

>>23485726

>>23485726
why wait 5 years for 100x, if same 100x can happen in 3 months with shitcoins? if i made terrible decisions in the past, that doesbt mean i can't eventually suceed. and wtf about timing the markets? u just hold and mega pumps happens in the spans of few days, you can just literally wake up to a 5x, its about greed management. i wish u the best dude, but my opinion is totaly different on this

>>23484468
Bud, its because you dont spend time learning from either books nor people. If youre not learning all the time, you're not cut out for this game.

>>23485759
no i dont think ur portfolio started with 150k, but lets be real here, why would you recommend a person who can only trow in crypto 2k buying the top coins which have already mooned to the moon and beyond, thats bullshit advice dude

>>23485858
im learning something new about crypto everyday, as much as my wageslave routine allow me

>>23485898
Not just crypto, you have to learn about the big picture as well. Learn about economics, learn about financial markets, learn about mathematical subjects. Learn to do Financial Analysis, learn to do Technical Analysis

>>23485571
I had 150 eth before the Quadrigacx ceo got "killed in India" and lost it all... Trying to build myself back up. I just don't see a way I can back to that anytime within the next 3 years buying .5 eth per week

>>23485982
Did they ever find the body or is the story still that he shit himself to death on a trip to India and “disappeared”?

>>23486003
Idk, he went missing in late 2018 I think, then in 2019 the story broke that he was dead, but they never found the body. I'm pretty sure he isn't dead, but if I ever find or see him, he will be.

>>23485962
thnx. im trying to :) its just as a wagie my time is very limited and i have another interest too

>>23484468

>Had Ethereum below 100
>Had NEO while they were still called Antshares
>Had Bitcoin before all that
>still poor

Holy shit I'd probably kill myself what the fuck

Just don't spend everything? You literally were set to be a millionaire multiple times and you just... Threw it all away

>>23485886
Do you think December 2017 was the top for the top 5 coins? Show me your portfolio devoid of any btc and eth because they're done.

There is nothing in the crypto space currently which has potential to 100 or 1000x in a short amount of time. Not a single coin, anymore. Link has been the only promising one and OP even messed that up which leads me to believe he will never be able to properly navigate the world of pump and dumps using your "strategy". We are past the Wild West phase of crypto. The will be no more XVG, RDD, etc. The occasional 10x pumps that you get are impossible to predict ahead of time, and by the time you can react it is too late. The only way I imagine is spread yourself thin across all coins hoping one you're already in will 100x. Good luck.

Take a tip from wall street, top fudns don't invest in penny shit hoping one will moon. They make steady consistent gains in the blue chips which are proven to increase in value on a long enough time frame.

>>23485886
In 4 years you're going to be making another thread about how you've been in crypto for 8 years and haven't made money on it. The people in that thread will tell you to pretend you aren't an idiot and buy and hold BTC/ETH/LINK, like you should've done in 2016, like you should've done in 2020, and like you should still be doing in 2024.
In the meantime good luck chasing shitcoin pumps. Surely you'll 100x.

>>23486045
do you think i knew at the time it was gonna moon so hard? do i have a crystal ball into the future? get real dude

>>23485818
>>23485886

So this is how forever poors think.
Aight thanks, now I feel more confident in making it. I've been wondering how it's possible crypto makes us all so fucking rich, but I guess we need people like you that put their money into crypto for others to get it

>>23486102
This is exactly what I've been trying to say but more eloquently.

Chasing 100x's is what people with gambling addictions do.

I've never heard of anyone with a gambling addiction who is rich.

i cant believe anyone here thinks the same.
i know 100x is unrealistic, but i only need to catch a few 5xes and then i can buy some eth btc, i dont think ur totally wrong dudes, but its just not what you do with 2k or 5k

Hi, buy Parsiq and wait 1-2 years - you will have great profits.

Look it up - if you have questions join our Telegram.

>>23486376
parsiq is my 5x

>>23486333
>starts a thread asking how a poorfag brainlet can make it
>argues with the smart people who are making it
Checking those trips, though. I hear good things about BOOBA, sounds like your speed.

>>23486333
It's a pipe dream. "all I have to do is catch multiple 5xs"....bro cmon. Have you even caught 1 yet? And then you're going to do it with your entire account again? And again? And you'll have the nerve to hold for 5x after seeing a 2 then 3 then 4x knowing 1 millisecond it can start to dump so fast? Show me how many coins have gone 10x (because that's what you need to do a 5x, you will never buy the bottom and sell the top).

It's not feasible. Not in real life

>>23486333

You're not an investor, you're a gambler. Go to the casino and put it all on black. You have a better chance there

>>23486475
This
>>23486102
And this
>>23486183

Can making 100x off a 2k investment be done? It's very tough and risky and the odds are against you

Can OP do it?
Judging from the fact that he was in crypto during the BEST TIME IN HISTORY for that and still only has 5k profit to show for it,
I'd say not a chance in hell.

OP remember these words:
You will lose all of your money

Have you heard of a perpetual swap?
Perpetual Swap is a term in the Injective Protocol's derivative that provides exposure to the value of a fundamental asset that imitates a margin-based spot market and has no expiry/settlement.

>>23484378
Todays call is an absolute low cap gem project.
It has a really really smart UI and well below 100k market cap.
Less than 500 people have it in their wallets and the team has locked liquidity for a year and commited to the long term future of the project.
You guys are going to absolutely love this one.

Join Uniswap Chads - t.me/uniswapchads - to get involved.

are there three main ways to go about it?
one invest in safe top 20 coins and wait for longer?
invest in legit looking projects and wait 2-3 months for a promised moon
invest in absolute scams on uniswap and be ready to sell at any second, but have a chance at quick 3x