[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 37 KB, 600x576, C2682FFA-CD0D-44A4-AFF0-F69CBC14F27F.jpg [View same] [iqdb] [saucenao] [google]
24238056 No.24238056 [Reply] [Original]

How the FUCK do i get into crypto with only 200$ to my name

>> No.24238068

get a job

>> No.24238079

vether and haircomb
no others

>> No.24238107

>>24238056
Statera

>> No.24238154

Two options:

200 into BTC and swing that to make change until you have 500, 500 into a lowcap shitcoin with 10x potential and hold for eternity

2. Buy into an actual project with potential;

XLM
GEEQ
ALGO

Anything that has an actual credible team behind it will make you money, don’t invest in anything that gets shilled on here, they are just P&D pajeet scams 9/10 times.

>> No.24238191

>>24238154
btc will drop like a stone tomorrow

>> No.24238213

you don't

>> No.24238272

>>24238154
good tip

>> No.24238320

>>24238056

Simple. Buy 100 ORN and use the passive income to buy more ORN. Supply gets burned, fee pool is distributed across token stakers. Over time they will appreciate and your income will increase.

>> No.24238323

>>24238056
Shit coin gamble. If you get lucky with a 10 times, sell and put into Eth, and you are on your way with a respectable beginner bag

>> No.24238363
File: 2.84 MB, 640x480, ChainlinkPresentation.webm [View same] [iqdb] [saucenao] [google]
24238363

>>24238056
> THE BTC IS $15 AND I ONLY HAVE $200 WOE IS ME

This is how you sound to me.

>> No.24238440

>>24238056
Steps:
>cash into cheap and bullish altcoin like XRP
>make $1000-$2000 (1-2 days of holding)
>trade into BTC and sell it when the bear run begins
>trade into any of the mooning shitcoins that others have traded into because BTC bear run (limited bull run of maybe a day or two)
>buy BTC at the end of the bear run
>then sell it at the end of the next bull
>repeat
if you do a few cycles of BTC you can become a millionaire

>> No.24238444

>>24238056
XRP, LINK good place to start. ETC and EOS are also pretty decent.

>> No.24238530

>>24238056
Buy .33 ETH. Hold it until it hits $1000 USD. Buy BTC with profits when it dips. Hold BTC for 10+ years in a smart contract that gives you 10% apr. Buy a yacht with it in 2030.

>> No.24238601

>>24238056
10x long XRP for $200, sell on the 11th at $5 for $15k

>> No.24238685

>>24238601
as long as BTC is bullish, this. watch the news and don't sell sudden dips: they don't mean anything unless BTC goes bearish. e.g. yesyerday heaps of redditors sold the faux XRP double peak and lost their money because they thought it was a crash. i held till only an hour ago and traded it into btc (made an okay profit).

>> No.24238703
File: 10 KB, 250x241, 1597260849798s.jpg [View same] [iqdb] [saucenao] [google]
24238703

>>24238530

>> No.24238833

Started with $20 and made $1K in a matter of a couple months with some shitcoins shilled on this French Mohammad-Painting Forum. Got lucky with UNI drop, stuck half into ETH/XRP/LINK. Now at $3K+, hopefully more soon
Hope you make it

>> No.24238845

>>24238601
15,000/289.85=$51

>> No.24238854

>>24238056
clv on uniswap

going to 50$ from 3

>> No.24238886

get a job and dump as much money as you can into crypto. then trade alts and hope you're both lucky and not a complete retard.

>> No.24238893

>>24238056
Maybe xlm. Watch for a correction soon

>> No.24239032

>>24238886
yeah, get a job then trade very carefully until you never need another job again.
>>24238893
this. a correction soon is possible. will happen if BTC fails to hold or rise above $19200 (give or take a bit).

>> No.24239113

>>24238056
Make an account on Coinbase and buy some XLM. You can get like $50 worth free if you watch some videos and answer the questions. You will be added to a waitlist to be able to get that reward, but you can skip the waitlist if you get a referral. Only 4 people can use the referral link.

https://coinbase.com/
earn/xlm/
invite/r8d6mywx

XLM Answers:
1. A decentralized protocol that unites the worlds financial infrastructure
2. Facilitating low-cost, universal payments.
3. Transactions are fast, inexpensive, and global
4. To issue, exchange, and transfer tokens quickly and efficiently
5. It relies on the cooperation of trusted nodes to confirm transactions.

XLM correlates with XRP, and both have been doing great the last few days for reasons you can read about in /XSG/ thread.

That’ll get you started.

>> No.24239851

>>24238056
Futures markets. You get x50-100 leverage so you can turn your $200 into $10,000 or $20,000. Play around with leverage and stop losses, and see what suits you. You can put everything into a single all-in position and use a tight stop loss to prevent getting completely rekt, or you can use smaller leverage and have a broader stop loss. One way to time a long/short position is to watch the RSI on the 15 minute timeframe if you're impatient, or watch the 4h or 1d timeframe but it might take days or even weeks for a coin to hit the bottom/top on higher timeframes.

Truth be told, you're better off just investing $10 into btc/eth/link every dip (aka DCA) and you'll almost definitely at least double if not triple your investment in a couple of months, but nobody wants to take the slow and steady route, especially not in a bullrun. If you want to try your luck to get rich quick, take the futures route.

binance
.com
/en/
futures
/ r e f /
39287673

Use my link. We both get 10% back from our trading fees.

>> No.24239935

>>24239851
Alternatively, you can earn an additional $50 from coinbase by watching a couple of videos.

Earn $19 COMP + $10 XLM + $10 EOS

https://coinbase.com/
earn/comp/
invite/np0hx12w

Answers:
1: Earning interest
2: Supply a crypto asset as collateral
3: COMP token holders

https://coinbase.com/
earn/xlm/
invite/ky42wch5

Answers:
1: A decentralized protocol that unites the worlds financial infrastructure
2: Facilitating low-cost, universal payments
3: Transactions are fast, inexpensive, and global
4: To issue, exchange, and transfer tokens quickly and efficiently
5: It relies on the cooperation of trusted nodes to confirm transactions

https://coinbase.com/
earn/eos/
invite/r01hgwt3

Answers:
1: A blockchain protocol for fast, scalable applications
2: Delegated proof of stake
3: Fast, free transfers
4: Stake EOS tokens
5: Upgradable smart contracts

>> No.24240238

>>24238056
Get a fucking job you good for nothing loser. Even if you catch a rare 100x, you'll still only have $20k lol. Broke niggers don't deserve to make it.

>> No.24240422

>>24238079
$200 american dollars is a lot in your village, sir?

>> No.24240500

>>24240422
thank you for replying to my comment

>> No.24240506

i bought in with 300 last week. its 600 now.

>> No.24241176

These threads make me feel better about my stack, thanks OP

>> No.24241316

>>24239935
Hardest working pajeet here

>> No.24241346

>>24238056
Buy some rope

>> No.24241376

>>24238056
Is this fud? Were at the top, arent we?

>> No.24241409
File: 1.03 MB, 1600x900, 1 (4).jpg [View same] [iqdb] [saucenao] [google]
24241409

>>24238056
Buy some TON and stake them, then you're all set for crypto and just reap the profits

>> No.24241581

>>24238056
Anything that goes up must come down again. You have 2 Options. You wait until the Bullrun is over, or you try to make money by buying in right now, but you are forced to sell off at some point during the bullrun or you'll end up at the bottom of the chart once everything dips like it did in 2018.

Option 3 would be High Risk, you take your 200 bucks, do a 10x Margin(basically borrow 2000 Bucks at a hourly interest rate of 0.02%(or sth like that on binance), buy in at a point where you think the chart will moon. Sell off at some point, pay loan back, keep everything you gained.

Option 4 would be Ultra High risk
On Bitmex you can do a 100x Margin and I heard that there are sites where you can even do a 1000x margin.

All Super risky and you'd end up fucked.if you are unlucky kek

>> No.24241604

>>24238056
Margin trade using a moving average and a stop loss.

>> No.24241625

>>24238191

lel

>> No.24241642

>>24238191
>>24241625
He is right though, There hasn't been a single Major dip yet.

>> No.24241669

>>24241642
I'm feeling today already quite uncomfy trading, cuz I always have this in the back of my head that shit could drop at any given time

>> No.24241765

>>24238056
Bitcoin and alts exist in a financial equilibrium in the same way stocks and bonds do. That’s why we have “alt season” after a bitcoin run that stalls and retraces. The bitcoin money doesn’t disappear, they sell some of their bitcoin holdings and use that to purchase alts. It stands to reason that we are due for an alt season after this bitcoin rally (which doesn’t appear to be over by a long sight).

What I’m saying is that now is the time to buy alts. However, not all alts will grow the same. The WINNERS will grow more than the losers. My current portfolio is 100% chainlink, but link isn’t the only alt that will see a 100x in this run. Tezos, rsr, maybe even harmony. Take your 200 and out it in a /biz/ blue chip alt. Now is our time of ascension.

>> No.24241942

>>24238440
>>trade into any of the mooning shitcoins that others have traded into because BTC bear run (limited bull run of maybe a day or two)
shouldn't shitcoins go down together with BTC?