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/biz/ - Business & Finance


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26127537 No.26127537 [Reply] [Original]

Hello, frens. /biz/ has become rather busy as more and more of you new folks have come into our board.

I'm here to provide you with some guidance that should help you separate the shills from the honest, and the paneers from the jews. It will also protect you from being scammed into buying bad coins.

Firstly, every week a new coin is shilled heavily on /biz/. this is done to pump and dump your money and then sell off, leaving you with bags. These are often coordinated by pajeets or sinister members of /biz/ through discord or telegram.

We've always had multitude of absolutely dog shit coins that are going nowhere being shilled on this board 24/7. Lately, they are: LINK, PRQ, RBC, BAO, RSR, LTO, STA, XLM, XMR, ETH, ADA, MKR, DOT - there are also others to be aware of. The following is extremely important to understand: THESE ARE SCAM COINS. DO NOT BUY THEM. They will CRASH and BURN.

Avoid these absolute dog shit coins. You will get pumped dumped and bamboozled. This is a real shark tank, and I don't want to see you pink wojaking about how you've lost your life savings.

Next, whenever you begin to see your particular choice of coin (we'll get onto good choices soon), immediately SELL. This is to limit losses!

REMINDER: You only pay tax on transactions of Fiat -> Crypto. On all Crypto -> Crypto transactions, taxation does not apply.

Furthermore, if you are told that a coin must be purchased through 'UNISWAP' - do not engage. Uniswap is a scam. This is where the pump and dumpers get one over on you. DO NOT FALL FOR IT. Wait until a coin is listed on COINBASE before you consider buying in. This is a fool proof way to prevent scams.

In terms of how to begin investing in crypto, it is highly recommended that you purchase the following coins only: BAT, LTC, and XRP. You should purchase these coins using the DOLLAR COST AVERAGING method. If you are in a position to ALL IN, I would advise that you do so with BAT. BAT is the future.
1/2

>> No.26127565
File: 371 KB, 800x800, you will own nothing.png [View same] [iqdb] [saucenao] [google]
26127565

2/2

When you see LARGE generals of people talking about going to the moon, tons of links, etc - this is nearly always an indication of a serious pump and dump scan.

Regarding BTC: There is no point in buying this coin. BAT is slated to be the ultimate BTC replacement in the coming years by SATIS (Crypto asset experts). You are priced out of BTC forever. Do not even bother.

Regarding WALLETS. There is no need for a wallet. The best place to store your coins is on an exchange as they are extremely trustworthy. Never transfer your coins to a wallet. Hackers lure unsuspecting noobs into the use of wallets to steal their hard earned money.

Now, it's very likely that this post will receive a number of replies telling me how I am somehow wrong and how X shill coin is the best ever, etc, etc. Understand this, newfriend - as laid out in this post, /biz/ is a board of sharks and shills.

I just want to do my part in protecting you from any potential financial injury. Crypto is a space where vulnerable people are preyed upon by more sinister actors.

Thanks - if you have any questions, please feel free.

>> No.26127611

in on covert BAT shill thread.

just hit 1 million creators.

>> No.26127625

>>26127537
>We've always had multitude of absolutely dog shit coins that are going nowhere being shilled on this board 24/7. Lately, they are: LINK, PRQ, RBC, BAO, RSR, LTO, STA, XLM, XMR, ETH, ADA, MKR, DOT
Kek the only newfag here is yourself.

>> No.26127663

>>26127611
checked and this.

>> No.26127692

>We've always had multitude of absolutely dog shit coins that are going nowhere being shilled on this board 24/7. Lately, they are: LINK, PRQ, RBC, BAO, RSR, LTO, STA, XLM, XMR, ETH, ADA, MKR, DOT - there are also others to be aware of.
you only provided us with legit ones faggot

>> No.26127718

>>26127537
>In terms of how to begin investing in crypto, it is highly recommended that you purchase the following coins only: BAT, LTC, and XRP


If there are any newfags actually here reading this. This guy has one of the shitest portfolios I have ever seen in my life and If you took this advice 3 months ago you would be down about -33% in a bull market. OP is clearly retarded

>> No.26127777

Normally I try to pnd (pump and dump) on normies (newfags (newbies)) but the op (original poster) is 100% correct. I've made a couple hundred thousand off selling garbage cryptocurrencies to newbies. Don't be scammed.

>> No.26127812

>Furthermore, if you are told that a coin must be purchased through 'UNISWAP' - do not engage. Uniswap is a scam. This is where the pump and dumpers get one over on you.
agreed

>> No.26127826
File: 2 KB, 209x241, IMG_4190.png [View same] [iqdb] [saucenao] [google]
26127826

>>26127718
>>26127663
>>26127625
To any potential newfags, please see exhibit A (linked posts above) to see what a shill looks like. They are trying to push you into coins and markets that are dangerous. Avoid them.

Remember, LTC - XRP - BAT are the chosen trifecta of coins. These are the coins that will take you to the citadel.

>> No.26127843

>>26127537
>We've always had multitude of absolutely dog shit coins that are going nowhere being shilled on this board 24/7. Lately, they are: LINK, PRQ, RBC, BAO, RSR, LTO, STA, XLM, XMR, ETH, ADA, MKR, DOT - there are also others to be aware of. The following is extremely important to understand: THESE ARE SCAM COINS. DO NOT BUY THEM. They will CRASH and BURN.
this is complete bullshit, BAO and RBC I can agree, not the rest

>> No.26127876
File: 144 KB, 1890x1630, 92f.jpg [View same] [iqdb] [saucenao] [google]
26127876

>>26127826
Kek you are another one of the xrp schizos who slipped in with the other idiots from pol.

>> No.26127934

>>26127843
Nevermind, I didn't read the rest of the OP.
Yeah those are all scams.

>> No.26127937

>>26127692
Kek, you actually listed every pumped coin (that is legit) and forgot the god damn scam AVAX:D. I smell curry.

>> No.26127959

>>26127537
Should I buy grt now? Will it go back down? And how the hell do I wire money on to my kraken account???

>> No.26127979

>>26127537
what is bitcoin?

>> No.26128031

>>26127692
kek, i was too drunk and i misunderstood your message. Enjoy your gains!

>> No.26128096
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26128096

>>26127843
>>26127876
More examples of /biz/ shills in action. Notice how they cannot refute using facts or logic - but instead resort to insults. This is because the shill knows that their coins are nothing.

XRP/BAT/LTC are the trifecta. Avoid all other suggestions.
>pic related
This will be you if you buy into the coins the shills recommend.
>>26127959
No, GRT is absolutely a scam coin. Notice their threads have nothing specific. If you want a great choice to buy instead of GRT that falls outside of the chosen trifecta, please consider DOGE.

>> No.26128111

>>26127565
>>26127537
king

>> No.26128114

>>26127777
One other thing. Newfags you need to witness repeating digits as these are divine intervention and automatically improve investment advice veracity.

>> No.26128181
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26128181

>>26127537
Top fucking kek.

>> No.26128305

>>26127826
>see what a shill looks like
>LTC - XRP - BAT are the chosen trifecta of coins
>trying to make newfags buy xrp
kek

>> No.26128404

>>26127826
>>26127537
>Lately, they are: LINK, PRQ, XMR, ETH,
>scam
what the fuck did you just say? monero and eth too?
YOU are the newfag

>> No.26128431
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26128431

>>26127537
I've only just begun to learn about blockchain, I still don't really get it, not a computer guy. I am very much interested, I am interested in anything that bypasses the federal reserve. I am not well versed in economics nor crypto but I am looking to discuss nesara/gesara with someone that is familiar, any takers?

>> No.26128455

>>26128096
I think you might just be the dumbest person I have ever come across on biz.

>> No.26128488

>>26127826
confirmed shizo
>>26128431
don't listen to anything he said
>>26128455
he's right about grt thought

>> No.26128535
File: 22 KB, 350x350, wlJJknIt_400x400.jpg [View same] [iqdb] [saucenao] [google]
26128535

>>26128404
Exhibit C
Another shill trying to goad newbs into the purchase of assets that will only fall.
Please do not fall for his tricks.
>>26128455
Time to go shill. A supreme waste of digits.

>> No.26128596

>>26128535
At this point this has to be bait.

>> No.26128602
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26128602

>>26128535
Newfag here. Am I allowed to experiment with putting small amounts (pic rel) into supposed PnD coins so I can learn how to better spot PnDs from real?

>> No.26128673

>>26127537
>Lately, they are: LINK, XLM, XMR, ETH, ADA, MKR, DOT
>top20 shitcoins exposed as scams
kek

>> No.26128711

>>26127537
thanks for all this bro, heard about this placeand am trying to make some money, sucks having to wade through all the bullshit

>> No.26128758
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26128758

>>26128602
I would advise that you stick to the golden trifecta of coins.
>BAT
>LTC
>XRP
If you want to speculate, do so with
>DOGE
As your portfolio is largely in the green, I would recommend liquidating everything and moving over into the 3 or 4 coins I've laid out for you. YOU'RE GONNA MAKE IT.
>>26128711
No problem.

>> No.26128802

>>26128602
stop asking the retard.
and no, with such small amounts you're better of doing all in into a 10/10 coin

>>26128711
>>26127959
migrate to a better thread

>>26128689
>>26128689
>>26128689

>> No.26128821
File: 666 KB, 576x796, Screenshot 2021-01-17 at 13.09.21.png [View same] [iqdb] [saucenao] [google]
26128821

>>26128758

>> No.26128979

>>26128802
Somehow I have a strange feeling your 10/10 coin is a coin you need some newfag to buy into and hold your bags, but hey, I've been wrong before

>> No.26129017

>>26128802
Another instance of a SHILL at work.
You see how he is trying to dump his bags on unsuspecting people? Ignore him.
>BAT/LTC/XRP/DOGE
The future is now

>> No.26129061

XRP.... LOL This is THE biggest scam in crypto.

>> No.26129123
File: 158 KB, 864x1776, Screenshot_20210118-005735.png [View same] [iqdb] [saucenao] [google]
26129123

>>26128979
believe it or not, I've started with LESS money than you.
and i would have had more if i wasn't greedy

>>26129017
stop posting you literally are shilling XRP, i cannot even fathom why people listen to you and or take your seriously, i barely read half of your posts

>>26129061
sv is worse, maybe hex too, xrp is top 3 of the worst thought

>> No.26129212

>>26127537
based. thank you OP for educating us newbies

>> No.26129275

>>26127537
Blessed anon showing newfags the way

>> No.26129388

Brilliant

>> No.26129427

based anon leading newfags into certain financial ruin
the true trifecta is BTC/ETH/LINK, always has been and always will be and you are a shill for suggesting otherwise

>> No.26129458

>>26129061
>>26129123
>>26129427
>shills spreading FUD
ignore it

>> No.26129468

>>26129388
>>26129275
>>26129212
you guys are joking right?

>> No.26129502

>>26128602
Why on earth would you diversify with such small capital. Matter of fact, you shouldn't even be investing, focus on earning a stable stream of income.

Although, if you're looking to make quick money, go all in one on a low cap shitcoin

>> No.26129544

Monero master race.

>> No.26129830

>>26129468
>>26127537
honestly cant tell who's trolling who

>> No.26129852

My biggest question, as a newfag, is in regards to the great sell vs HODL debate. Is it best to just HODL all your assets (especially in the current climate where crypto is expected to explode in the next 10 years) or do you treat crypto as a day-trading second job where you autistically buy and sell at every pump and dump?

>> No.26129854

I smell a nigger.

>> No.26129984

>>26129852
Very simple, as soon as you see a red candle - immediately sell your entire holding.
HODL never works.

>> No.26130026

>>26129458
honestly anon what is the whole point of this? you're purposely making newfags invest in shit tokens, only exception MAYBE is ltc but the rest are completely worthless. i'd understand if you were shilling something that was under a pnd right now but this... this is just worthless info

fyi: OP is suggesting you put your money into a coin the SEC is in the process of suing for 1.1 billion (xrp), a coin whose creator is rumored to have dumped a huge bag during its ath (LTC), and a token that has been doing completely nothing ever since it was out (BAT). all of this information can be readily found on the internet if you're willing to look for it.

honestly. BTC/ETH has always been the way to go, throwing in some altcoin in the mix could be a good idea but the majority of your money should go into those two coins. they've been around for basically as long as crypto has existed and there is 0% chance that either will rug or otherwise attempt to scam you UNLIKE THE COINS OP IS SUGGESTING.

>> No.26130029

>>26129830
i feel like a cuck helping people who don't deserve it and yell "ignore it" in my face so yeah I'm probably the one getting trolled

>>26129852
here is the truth.
there are people who make a shit ton of money spotting literal scam shitcoins that will pop, they buy, shill, then sell
lot of work obviously

best thing to do if you have a life and don't want to constantly worry about price and shitcoin, then just buy into a low cap that is extremely legit
normally I would shill prq now since it's the only 10/10 project i see right now, but it's already pretty high, sure it's going a lot higher but that's only a 10x and we want more now don't we.
or just DCA into btc eth and link

see >>26128802

>> No.26130031

>>26127537
Based (everything except for LINK which will save us)

>> No.26130043
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26130043

>>26127537
trying to sound correct by calling out others for doing exactly what you are doing
>very sneaky media man

>> No.26130061
File: 1.47 MB, 640x363, BAT glitch.gif [View same] [iqdb] [saucenao] [google]
26130061

>>26127537
>XRP

This is bait. Newfags should not touch XRP.

>If you are in a position to ALL IN, I would advise that you do so with BAT. BAT is the future.

This is good advice.

>> No.26130133

>>26130061
>what is opportunity cost
>>26130026
based but boomer mindset

>> No.26130280

>>26130029
You are only helping the newfags. And thats based. ETH, LINK, ADA, and XMR are all rugpulls if a newfag buys any of them Coinbase and Binance could pull the rug. They should also stay off exchanges as these are also scammers. It's well known Coinbase don't actually let you cash out. Newfags should only buy XRP from anons 4CHAN. I hope you make it with bro, your portfolio is pretty good.

>> No.26130304

>>26127537
why are there so many retards falling for this bait
quit being so damn literal and concrete

>> No.26130311

>>26130029
is it a legit or stupid strategy to really pump into hyped coins and jump off at x10, pocket the profit into BTC or ETH - rinse repeat but always slowly compounding the profit into the strategy instead of hedging into BTC?

>> No.26130343

lol he really wants you to buy BAT and XRP

>> No.26130347
File: 646 KB, 241x313, 1524142685294.gif [View same] [iqdb] [saucenao] [google]
26130347

>>26127537
based pure evil anon giving newfags horrible advice

>> No.26130362

>>26127537
you sound like you bought your first crypto in 2020

>> No.26130373

My observations. Feel free to debate me niggers
>Sometimes riding a pumped coin can earn you profit (if you get in early enough)
>People FUD (fear, uncertainty & doubt) a coin if: they have shorted it, they are shilling a different coin, or they have lost money on it before
>Yes, there are many multi-millionaires here.
>No, this isn't reddit and we don't care about your complaining or how greg floyd was bla bla
>Oh, and lastly, always do the opposite of what /biz/ says.

>> No.26130406

>>26127565
ok so you are essentially a LARP

>Regarding WALLETS. There is no need for a wallet. The best place to store your coins is on an exchange as they are extremely trustworthy. Never transfer your coins to a wallet. Hackers lure unsuspecting noobs into the use of wallets to steal their hard earned money.


no way you are that stupid

>> No.26130419
File: 9 KB, 258x196, biz.jpg [View same] [iqdb] [saucenao] [google]
26130419

>>26130373

>> No.26130424

>>26130026
Thoughts about all in on LINK?

>> No.26130434

>>26130280
>Coinbase don't actually let you cash out
What lie is this? I've cashed out 1k easily , obviously don't go all out cashing 1000k retard.

Why do you say you can't cash out using coinbase? You could do the same thing using USD Bit exchange. Or do you have some information that we don't have?

>> No.26130452

>>26128431
well Crypto is a potential solution to the FED but as of right now the FED totally owns all crypto
dont let anyone fool you

>> No.26130488

>>26130311
you could, sounds like a work and a tax nightmare thought..
>>26130280
link and monero are rug pulls?
exchanges don't let you cash out?
unironical xrp?
is this bait? don't fucking waste my time

>> No.26130604
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26130604

>>26130280
yes all newfags should all in XRP, LUIGI.finance , whatever that exchange people are shilling is and that one russian scam roblox or whatever
everything else is a shitcoin

>> No.26130608

asshole

>> No.26130846

>>26127537
do the opposite of everything OP said to make it

>> No.26131278

>>26127625
shut up faggot

>> No.26131334

>>26127537
LINK, PRQ, RBC, BAO, RSR, LTO, STA, XLM, XMR, ETH, ADA, MKR, DOT all are poppin the fuck off . look at 3 months ago. This is a retard folks.

>> No.26131388

>>26127625
Shut up dickhead

>> No.26131405

>>26130488
>you could, sounds like a work and a tax nightmare thought..
just realized in yurope each transaction even between swapping coins is taxable. Fucking dogshit. How do pump and dumpers even do this?

Thanks for sharing your information By the way. What coins would you recommend to dump your 500 eurobucks into and avoid taxation nightmares? Or is a spread out into different shitcoins better?

>> No.26131976

>>26131405
just 500? probably just wait until xcm dips a little
or if you want to gamble try dna
also just switch threads and read the info on there >>26128689

>> No.26132052

>>26127537
This whole thread hurts to look at

>> No.26132110

>>26127537
Thanks for the help. I am about to go all in on XRP, seems very promising.