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/biz/ - Business & Finance


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24156202 No.24156202[DELETED]  [Reply] [Original]

Where can I learn finance basics etc? I have 50k and it's sitting in the bank like a retard earing 1% interest.

>> No.24156217

>>24156202
buy 50k kneepads

>> No.24156267
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24156267

>>24156202
>no "surprise" black guy
I would be surprised if this thread gets many replies

>> No.24156311

>>24156267
There are dozens of posts daily from newfags like me asking about basics. The board would be cleaned up a lot if there was a sticky with guides etc.

>> No.24156316

>>24156202
this board is for shitcoin gambling not for any actual sound investment advice

>> No.24156330

>>24156202
learn DCA thats all you need

>> No.24156378

>>24156330
Cheers will look into it

>> No.24156421

Because it doesn't exist. Generals like smg or pmg have some relevant to their specific topic but that's it.

>> No.24156480

>>24156421
Yeah smg has some good guides I guess

>> No.24156481

>>24156378
choose a good project, one where you don't feel like you need to leave if it dips but rather accumulate more and thats your coin where oyu apply dca.
But in general you can NEVER go wrong by holding btc eth LINK, with 50k you should hold atleast one entire bitcoin, that is the first milestone for everyone and if you look at thje lifetime chart it's a no brainer it only crashes upwards, every crash to a low is equal to the previous cycle's ath.
never sell that one bitcoin.

>> No.24156584

>>24156481
I was thinking that, buying a whole btc but it's currently at an all time high isn't it? Surely should wait for the next dip

>> No.24157130
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24157130

>>24156584
no. look at where we are in the cycle compared to the previous 2. BTC is about to make its parabolic advance to the 50k - 200k range.
your first milestone should be to accumulate 1 BTC, regardless of price. after that diversity your weekly DCA into other midcaps (ETH & LINK you cant go wrong with).
Dont try to market time - if you "feel like" it will dip soon, remember you cant see the future and it could very well pump next week to 30k and never go below 20 every again.

>> No.24157176

>>24156202
honestly this board is like the wild wild west of investing. 99% complete bs fud and nonsense lose all your money and 1% LINK shilling , thats a man posters, etc also i dont think any jannies

>> No.24157217

>>24157176
>80% LINK shilling
Ftfy

>> No.24157225
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24157225

>>24156202
What else do you need? A reminder to buy kneepads and rope?

>> No.24157320

>>24156202
newfag here, been lurking and rarely posting and while i've picked up on a few things having a sticky with links and information would declutter a lot of shit but it seems like that would upset the natives. just keep lurking and disregard disinfo/shitposting

>> No.24157362

>>24157320
What links do you want in a sticky? The fuck are you even talking about.

>> No.24157406

>>24157362
how the fuck should i know, cunt?
the fuck are YOU even talking about?

>> No.24157466

>>24157406
how the fuck should we know if you yourself don't know what you want to know, retard?

>> No.24157547
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24157547

>>24157466
>how the fuck should we know if you yourself don't know what you want to know
are you retarded? genuine question. if i am NEW, how would i know what info is pertinent or not? how would i know what to read or where to go? please use your fucking brain before replying.

>> No.24157548

>>24157320
go to coinbase and buy LINK. there you go

>> No.24157581

>>24157548
Thank you for not being pants on head retarded and actually helpful

>> No.24157622

>>24157547
HOW THE FUCK AM I SUPPOSED TO KNOW WHAT YOU WANT TO KNOW YOU LITERAL SHIT FOR BRAINS
>>24157548
>>24157581
you could've just started another link thread without being massive faggots

>> No.24157696

>>24156202
First thing you newfags should do is get the easiest 50 dollar on coinbase. Just click the links and answer the questions. I do this because if you do it i get a bit extra money
>XLM: ($10)

https://coinbase
.com/earn/xlm
/invite/3bg46n9j

>Answers:
Q1: A decentralized protocol that unites the world financial infrastructure.
Q2: Facilitating low cost, universal payments.
Q3: Transactions are fast, inexpensive, and global.
Q4: To issue, exchange, and transfer tokens quickly and efficiently
Q5: It relies on the cooperation of trusted nodes to confirm transactions

>COMP: ($19)
https://coinbase
.com/earn/comp
/invite/6tnmp8cs

>Answers:
Q1:Earning interest on your crypto
Q2:Supply a crypto asset as collateral
Q3:COMP token holders

>EOS: ($10)
https://coinbase
.com/earn/eos
/invite/v8xy94pt

>Answers:
Q1:A blockchain protocol for fast, scalable applications
Q2:Delegated proof of stake.
Q3:Fast, free transfers.
Q4:Stake EOS tokens.
Q5:Upgradeable smart contracts.

>ALGO: ($6)
https://www.coinbase
.com/earn/algorand

>Answers:
Q1:By being scalable, secure, and decentralized
Q2:A randomly selected ALGO token
Q3:Algorand Standard Asset (ASA)

>MKR: ($6)
https://www.coinbase
.com/earn/maker

>Answers:
Q1 :MKR and DAI
Q2:MKR holders
Q3:A crypto wallet and crypto collateral.

>CGLD: ($6)
https://www.coinbase
.com/earn/celo

>Answers:
Q1:By making crypto accessible on mobile phones
Q2:Staking, governance
Q3:Using the Valora mobile app

>> No.24157761

>>24157696
If at least one person does this ill give some good starting advice, including the good Telegram groups for gambles if you dont want to buy just ETH and LINK

>> No.24157790

>>24156202
you have to go back

>> No.24157813

Ok newfags, heres a good first advice, avoid begging pajeets like this one - >>24157761 >>24157696

>> No.24157870

>>24157813
Im white pajeets dont have these ltters öäüß, also im not begging im negotiating and poor .

>> No.24158256

>>24157696
>>24156202
Ok since noone did it yet, only a few tips:
ETH LINK are solit and give good returns already, if you want to trade more, best to Install metamask and use uniswap. Learn to do that. Dont go in any noname coin thats shilled here if you are new. This place is used as shilling in a extreme way becasue its anonym, you scammers get away by shilling shit every day. Here telegram and actually parts of twitter are way better. more when you do it.

>> No.24158314

>>24158256
thanks bro

>> No.24158338

>>24156202
lurk moar fgt

>> No.24158367

>>24156202
https://www.bogleheads.org/wiki/Vanguard_four_fund_portfolio
>Total U.S. stock market index fund
>Total international stock index fund
>Total U.S. bond index fund
>Total international bond index fund
>For specific allocation ratios, just copy the appropriate Vanguard Target Retirement Fund
Absolutely brain-dead easy.

>> No.24158402
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24158402