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/biz/ - Business & Finance

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25223 No.25223 [Reply] [Original]

Is it possible to make money from bitcoin etc if:

a) you are broke
b) you have terrible maths skills
c) you have no trading knowledge of any kind whatsoever

I'm a pathetic wizard and I need money. Help me please help me make some money

>> No.25233

>>25223
a) no
b) FUCK no
c) no

just curl up and die anon :)

>> No.25239

>>25223
I guess, anyone can mine. Theres not a ton of money in it now since it takes a fucking 20 million dollar super computer to be a big player. So you're not getting rich overnight.

What kind of money are you looking to make, fast cash or building net worth? If you need money next week, ebay some shit. If you are worried about retiring. Get what ever cash you have and get into a mutual fund or an ETF.

>> No.25244

OP here

Why the fuck an I so unintelligent and impatient? Why cant I be rich like others? Fuck this life

>> No.25250

>>25244
>unintelligent and impatient
>Why cant I be rich like others

You answered your own question. Read some finance books.

>> No.25259

>>25250

I don't have the intelligence to comprehend matters of economics. I hear people talking on the news about politics and economics and I literally dont understand a word that is being said

>> No.25279
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25279

>>25259
>I want to becom money but no smarts and wut do learn?

>> No.26271

help me

pls repsond

>> No.26307

If you have a video card you can mine altcoins. These are normally scrypt or scrypt-N based coins that can't be mined by the ASIC supercomputers that mine bitcoin.

I have made $180 in the last 3 weeks starting with no idea what I was doing.

If you can't take the info I have given here to teach yourself how to make free internet money then there is not hope for you.

>> No.26409

>>25223
Nope across the board. I started mining ltc the changing it to btc just to get some play cash to give it a go.

To make like $1 from each dip, i needed to be playing with $50. If you have a spare $5k it might be worth it, but there's better ways to make cash with $5k I'd think. It's a cunt to get cash in and out.

>> No.26430

>>26409
Why didn't you trade altcoins? I brought doge at 45, sold at 277 then brought UNO at 0.008 and sold at 0.024. Altcoins are where the money is.

>> No.26438

>>26307
I mined with a 7790 and was making $2 a day, and the computer costs like $1.80 to run through the day and night.

You'd have to have a couple highend-ish cards, and be willing to not use your pc at all to make that kind of cash. It's still chump change too.

>> No.26459

>>26438
What were you mining? See http://www.coinwarz.com/cryptocurrency to see what was the last big this. It's hitting coinwarz that draws the big players and makes it to hard to mine.

I mined TOPS for 12 hours overnight on the first day and sold half for 55k doge ($99 USD at the time).