/biz/ - Business & Finance

Dogecoin

>>27853812
And for the love of all possible gods... BUY ETH

>>27854259
Is a meme. Seriously, don't fucking buy DOGE.

BUY ETH

How do al of these anons have millions in their portfolio from crypto? I want to be like that some day. I’m starting with 1000. Any tips?

>>27853812
>Do not buy heavily shilled coins on /biz/ such as Rubic, Bao, or whatever coin of the month it is.
Eh. Don't buy heavily shilled coins on /biz/ without the understanding that you can and probably will lose your shirt. There were heavily shilled coins on /biz/ (Link and Antshares aka Neo) that returned massive profits and became successful - although they were the exception.

bobo is going to eat good

>>27853812
$mcdc, get with it wagie, we are the next elite

>>27854695
They started with significantly more money than $1000, or those pictures are shopped. Read the OP.

>>27854742
There's a difference between blatant shilling (ex shitloads of pepe memes suddenly created over a week) and people just being hyped about a project. LINK had a lot of hype around it because it was just a damn good project. If you DYOR you can easily find what's a shill and what's worth investing into.

>>27854695
do what op says, play it safe and be eternally priced out.

nice subtle rubic fud

>>27855469
YWNBAW, discord trannoid

>>27855400
Curious about your answer to his question. Do you recommend he throw his $1k into a random shitcoin /biz/ happens to be shilling with hundreds of pepe memes? Half of which might be gone simply due to gas and transaction fees? Please answer.

>>27854695
Most of them are shooped

>>27854791
oh god I want to buy something so BAD but I don't want to get wrecked by this.

>>27853812
>Do not buy heavily shilled coins on /biz/ such as Rubic
>Never let FUD dictate your action
okay

>>27856541
Do not FOMO and wait for a dip

>>27855788
No, i would not recommend anyone ton invest unwillingly into an obvious scam. By scam i mean half-assed shitcoin copy/pasted smart contract, anon team and template website.
That said, if you're a poogfag your best bet is to flip shitcoins, get a feel for it and ride the wave.
I started at 1k too, so i know how it feels.
I didn't mean to piss on what you said OP, most are decent advice, but they won't make you money if you start with a small capital. That said flipping shitcoins is a risky bet, and you better know when to take profit and when to jump ship.

>>27856662
and know how to take a loss, don't be that faggot that baghold doge for 3 years and missed on all the 100x shitcoins.

>>27853812
very elaborate rubic fud

Decent beginner advice. The strategy of dca into "digital gold and silver" btc/eth is a bit meh. Probably be more helpful, but infinitely more complex, to steer newfags into learning about interest bearing assets and services right away, rather than prom be them with buy and hold strategies from yesteryear.

I never really paid any attention to crypto, but what happened to LiteCoin? I thought it was supposed to be the 3rd stablecoin but I haven't heard anything about it in a long time.

>>27858513
It's like expensive doge. Does nothing but sit on the exchange, and btc is the only one that's allowed to do only that and still exist.

What should I be DCAing into?

What does being priced out mean

>>27861228
DYOR

>>27854791
What software / site is this?

Hold this, enjoy the APY, and be happy

>>27853812
>- Do not buy heavily shilled coins on /biz/ such as Rubic, Bao, or whatever coin of the month it is. More on this below.*
wrong and cope. Don't buy meme coins and scam coins. Rubic and BAO are legit projects
>(Coinbase Pro has the lowest fees)
also wrong
>Safest coins to invest into: BTC/ETH
There are much better options that are comparatively as safe but with much higher chance for high returns
- Safer coins to invest into: AAVE/UNI/LINK/GRT (BUT DYOR FAGGOT)
Wrong, don't buy LINK
>Never sell at a loss.
generally true but highly situational

You are a retard OP

>>27862084
what does DYOR mean?

>>27861228
What do you think? Also lurk moar

>>27863024
it means DYOR

>FOMO'd and sold at loss twice in a row on BAO

>>27863024
First time on this thread, but I would guess it means 'Do your own research'.

>>27863405
>imagine thinking that's what DYOR stands for

>>27854695
>>27854917
or bought btc, eth, link super early + sold tops and bought dips

>>27854695
bought in very early with saved earnings from wageslaving, inheritance, loans, luck, lying.

>>27853812
I agree but they won't listen to you bro

Whats up with ETC?

>>27863009
>There are much better options that are comparatively as safe but with much higher chance for high returns
And this coins are?

I think I have a solid understanding of proof of work but am now learning about proof of stake and have some questions:
What goes into validating a block (i.e., how does a validator know it's ok to sign off on a block)? And what if a validator is asked to validate a block that contains a transaction including the validator? Couldn't that be an avenue for fraud?

>Don't day/swing trade crypto. Invest with intent to hold for years. Timing the crypto market is nigh-impossible.

With proper risk management how is this not possible?

>>27853812
What is a good Ratio for Coins?

25% BTC
25% ETH
25%Shitcoin 1
25% Shitcoin 2?

>>27853812
>decide to finally buy a shitcoin
>pick EXRD
>its been doing nothing all week
>hasn't even broken past its ATH

>>27853812
>or if their website ends in ".finance", avoid it like the plague.
why? whats wrong with it. Cant find anything about when when i search it up.

>>27861228
Your capital isn't large enough to make the investment worth it

>>27865976
More like 50% ETH
20% BTC
20% LINK/Other Stablecoins
10% Any volatile unproven newer crypto.

Don't gamble your money away on stupid shit.

I'm resisting the urge to buy an ethereal now at an ath.

>>27853812
Okay I have a question what should I do when I see bear poster.

>Invest with intent to hold for years.
Inaugurating a bunch of bagholders to suffer during the next crash, huh? Investing like that (traditionally) might make sense if you already have capital, but then you're going to miss out on riskier movers and shakers to actually multiply wealth, whether they're lowcaps or midcaps. Maybe if you can't be assed to DYOR or learn about new projects it might be wise to go with BTC/ETH and save yourself the stress, since both are comparatively stable (except for the inevitable crash where everything loses 90% of its value). But you know what's also decently stable? Stocks and bonds.

tl;dr if you want to invest in crypto and have little capital, invest riskily or don't bother.

>>27853812
Im using CoinMetroSmart, how do i transfer my coins into a wallet? And what wallet should i use? Living in EU btw

>>27866900
Except the returns for stocks and bonds is hilariously low compared to something like ETH. It is a good basis of your long term investment strategy.

For investing in risky crypto, I agree that going riskier when you have a lot less capital to work with is a good call. Getting that first 10k to do some real shit with is worth the risk. Outside of that, if you just constantly chase the next pajeet shitcoin pump and dump, you're going to lose all of it eventually. Biz is fucking notorious for this.

>>27856662
>That said, if you're a poogfag your best bet is to flip shitcoins, get a feel for it and ride the wave.
>I started at 1k too, so i know how it feels.
How viable is this? I mean it legit is gambling at that point, but for a poorfag trying to get into crypto, just throwing money for a pnd to get money to invest in legit coin sounds like an good idea that could go horribly wrong. Im not talking about flipping shitcoins constantly in the long term, but just to get enough capital to start investing into more legit projects

For a total newfag when do you anons think ETH will dip down to a price where I should buy.

How do I remove the smell of burnt popcorn from my microwave?

>>27853812
Thank for you posting this, anon. Bought coins for the first time a week ago so this definitely helps. I want to throw in a couple hundred bucks into either Bitcoin or Ethereum, goal is long term growth. When is the right time to do that? From my newfag perspective, it looks like crypto is historically rising, specifically in the past 30 days. There’s been a few dips, but nothing remotely similar to what happened in March 2020. Buy now or standby for a 10-15% drop in ETH/BTC?

i'm thinking about finally getting into stinky linky

>>27863024
The single Dior by artist Pop Smoke.

>>27859959
ETH

>>27862084
Do your own research.

>>27863009
>Rubic and BAO are legit projects
Lol

>>27867655
The best time to buy is now. Don't let dips or fears of "crashing", in other words FUD, deter you. ETH is only going to go up, for instance. Don't try to time the market.

>>27863405
do
you
own
rubic

>>27867761
See last comment on >>27868176

Buy now. If you wait for a drop, it might go the opposite way. Timing the market can be counterproductive if you're DCAing.

I'll bite. Thoughts on GRT? Usually hold Link BTC ETH. Started like a year ago I'm making 3x of what I would be on stocks. Went 50% on GRT up like 3x.

>>27856639
Wait for a dip?
Your graph indicates a multi year bear market. You are full of shit and scaring newfags from getting in at the beginning of a bull market.
You are a genuine piece of shit.

>>27867478
Don't fucking do this. Unless you're a poorfag and need to get some starting capital, it is absolutely gambling. Almost certain you'll lose it if you're new to market mechanics, but eventually you might get lucky after several failures. If you do, then you have a starting point.

Personally, I think it's a lot better to set aside a portion of your paycheck you'd normally spend on dumb shit and put all of that into ETH regardless of the current market price. ETH 2.0 and the DeFi boom that is happening is guaranteed money no matter how you cut it. From there start to dabble in volatile crypto. It'll take longer, but you're a lot less likely to lose your shit.

Newfag who was gunna invest in something new like BAO or Sake, but think I'm just gunna do ETH and Chainlink.

I got $100 in both about 2 weeks ago and they've gone up a decent amount, especially ETH. Should I wait for a major dip to buy a bunch more or just do it now in case the price keeps going up?

Poorfag starting with $500 as a neet bumming off parents, I have 2 strategies from browsing the past week to get to 5 digits which one would /biz/ recommend?
>invest 100-200 into shitcoins that go up and down 20% keeping all profits in ETH/non-shit coin while. rinse repeat with 100-200
>try to gain 3-10% on trades weekly by buying low selling high, again bank all profits for less risk

>>27868586

realistically what would have the greater return, investing into shitcoins or just going to a physical casino and putting 1k into the slots or some other game of chance?

>>27868505
GRT is very promising. There is something to be said with how quickly it was listed on fiat exchanges.

>>27868586
I agree with this person.

>literally shills shitcoins in the OP
Do you really believe anyone but underage will fall for your method pajeet?

Bitcoin and Monero are the only coins used on the black market, end of story. Bye Bye

>>27867478
flipping shitcoin is not the same as going all in in shib. you need to do research, about the project itself, the team, marketing, meme potential, what value it offers etc. you need to make yourself FUD proof and shill proof, and be patient.

>>27853812
>- Do not buy heavily shilled coins on /biz/ such as Rubic, Bao, or whatever coin of the month it is. More on this below.*
great job on keeping newfags poor

>>27868505
Grt will make insane gains

>>27868176
Read the white papers you absolute retard

>>27866059
thats whats wrong with it

>>27865733
I also have this question

Thanks for this anon... Europoor Eurofag here so I’d like to invest in crypto and hopefully make a better life for myself

I’m gonna go with ETH and GRT... €1k each... what do you think? Good choices?

>>27869151
get out and take your profits

>>27854428
Well I’m doing now you told me not to

>>27866519
I just sold. Did I fuck up?

Finally, a good thread. Here are some scam/manipulated coins to avoid

>RBC
>RSR
>XRP
>BLFI
>Whatever the McDonalds one is
>Anything with a Dog/Cat on it
>BAO
>MILK
>FEG
>ASKO
>REQ
>RLC
>no seriously, ANYTHING with a dog/cat on it

Basically if something has 4+ threads all day full of 1000s of forced memes, its a scam. Stay safe

>>27853812
thanks for this thread OP.
poor/newfag here with 2k in crypto. its up about 10% already. If I did want to gamble on some shit coins, whats the best way to trade in the USA? coinbase doesn't exchange in like any altcoins and neither does binance.us. is binance.com through a vpn the best bet?

>>27868946
Physical casino is easily the most certain way to lose your money, even more than shit tokens. If you're set on one, look for a relatively new (not 2 days old, anything after Feb 1st is almost a guaranteed scam right now) coin or token. Research into the idea behind it, determine if it seems like a sound concept. Check to see if the dev is active in his normal channels, see if there are any glaring faults or regulatory problems that would get in the way of the theory. If everything checks out, feel free to dump it into that.

It needs to be said though, you're approaching this wrong. You are making the mistake most normies do looking for a pump to get rich quick. It will 100% burn you in the end, just be warned.

>>27868176
>The best time to buy is now. Don't let dips or fears of "crashing", in other words FUD, deter you.
I'm not afraid of crashing (sort of) I just wanna buy low and ETH seems really high right now

>>27862932
How high you thing it'll go? Ive already more x2 what I put in

>>27868840
I'd just DCA into good projects.
Gambling seems silly and a good way to lose your initial capital.
The only way I see it working is jumping into known scams at the beginning of their shill pump and bailing early. Massive risk and way too much time needed to cover your ass. You are better off with a job at that point.
Low market cap coins do massive movements, but timing them is near impossible. If we could, 6 digit hell wouldn't be a thing.
You either buy good projects and wait, or gamble on literal scams.

>>27870489
This guy gets it. The timing is the real key here. If you're a small fry, you can absolutely never predict when a whale is going to dump and murder the original pump. You are playing with fire every time.

>>27869944
No.

thanks for thread OP, was just about to get sucked into the rbc fuckery until i noticed some irregularities with the prices on probit
started a week ago and have had a baptism of fire by buying xrp at 0.25, had some well timed buy and sells, up over 100% for a while, then some badly timed buy and sells and was back to what i started with
had some luck with sxp yesterday with a perfectly timed sell, then decided to try leveraging 5x on sxp and sold just in time for it to fall off a cliff, but not before it ate my profits from the previous pump
have moved coins across exchanges and learned about fees and gas fees and wallets
i'm at around 0% p/l after a week of fucking around with money i can afford to lose and am starting to prefer the hodl game than swing trading, but plan to do a bit of both once i've learned more
if anything it's nice to have a new hobby while the world in standing still

>>27870404
ETH isn't going to be much lower than it is now.

By not buying in the red, do you mean by the 24 hours?

Can you set a stop loss / trailing stop loss on Coinbase in case ETH tanks??

>>27870404
Just remember that people have repeated this line a million times over the life of BTC and ETH. It's easy to watch weekly charts and try to time it. It's easier to say "I believe in the longevity and success of this project" and buy it right away and forget about it.

And what’s the best way to buy anonymously... I’d prefer to buy under the radar as I don’t want to pay taxes to the kikes in government...

>>27863009
>Wrong, don't buy LINK
Howcome?

>>27869151
Yeah sure but the thing people never fucking mention is that you'll be fucked by GAS. I put in $60, sitting at $100 atm, and it wants $100 in fees to withdraw...

Yo. Im gonna be that new guy but I put $133 into btc yesterday on robinhood for memes and I'm up 6 bucks today. how do I put on my big boy pants and get into crypto for real? Also what's a defi and why are there so many coins? Do I get a ledger wallet?

oh yeah and whats gas fee? I'm guessing to stop crypto day traders? How prevalent is it

Newfag here as well... I got duped by those fuckin Redditfags on the GME pump and dump... didn’t lose much, but fucking hell I hate those cunts on Reddit... I’m only learning about crypto, but the gains seem much better than the stock market!

I’m interested to learn more anons, thanks for the thread!

>>27854791
We take them by surprise... do not blow the cover

>>27872354
Lurk for a while and don't let shit sounding too good to be true fuck you over. There is a LOT of pump and dump shit floating around biz right now. If the coin is only a few days old, avoid it like the plague. You won't leave with your money.

why are people so paranoid about binance and keeping your coins there? i think the chances of it getting hacked are about the same as me losing a wallet seed pharse.
change my mind

>>27854259
only buy doge if you do it when its worth less than dirt ($0.001/doge or less), then funnel it directly into better coins during these normie awareness bubbles that pump it

Newfag here who made $3000 off doge on RH recently. I want to put my returns into something more safe and leave the platform. have a couple of questions though. What's the best app to use? Coinbase, Blockfolio, or Binance? How does a 50/50 split in ETH/GRT sound?

>>27872656
You clearly haven't been around the crypto space for long enough if you trust centralized exchanges. It's not about hacks, it's about people within the organization stealing the shit and dipping. It has happened to most major exchanges over the course of crypto history, save for a few.

>>27853812
thanks you anon

>>27853812
My biggest tips. This is real shit that is almost never told to newfags unironically. This is 100% unironic. Never FOMO, research before going in ALWAYS. NEVER EVER EVER FUCKING PANIC SELL. FUD posted to /biz/ is almost certainly some retard trying to fill their bags. ZOOM OUT. I got rekt when I started trading because I did not do these things, literally lost 1/2 of my initial investment when if I had just held I would have been way up. Buying and then not checking the charts is unironically good advice, you will not panic sell if a flash crash happens. Flash crashes are almost never permanent in our current bull market.

>>27872512
Thanks, I’ll do my research,.. definitely looks interesting alright

>>27870068
>retard who can't do his own research or read white papers
ngmi

Alright, finally finished my first investment into crypto (5k budget). Here's what I did
>GRT 1k
>ADA 1K
>one ETH (will cash out at 2k and wait for a giant dip)
>ALGO 1K
>FTM 1K
Also, make this a recurring general OP. Lots of newfags ask questions like these and having a general for newfags is great whether its for info dump or containment. Benefits both parties

>>27872833
This. Also if you keep your shit on a wallet it will prevent panic selling or trying to swing.

>>27872512
This is good advice.

>>27872354
Like the other anon said do not buy into the shill threads with pajeets pumping some absolute terrible coin. I would suggest watching videos on youtube to understand what things like DeFi are. Take some time to understand what these things are. Do not take investing advice without DYOR though. Then you should start looking into the projects and the developers behind them and what they offer. You can find genuine information on here but you need a good filter.
Finematics makes nice videos IMO.

Thanks for all the tips fellow anons... some great advice... this is a good example of why I prefer 4chan over Reddit!!

>>27853812
Funny how you say RBC is a scam and provide no actual fucking concrete evidence that it is.

You’re a FUDing coping faggot and that’s all you’ll ever be. Cope more.

Remember when people said LINK was a scam then made a 180 turn on their opinion once they had accumulated enough? Yeah, me too.

>>27873104
Thanks

Should maybe post something to help people with taxes. A lot of newfags might get raped by the IRS.

Genuine question for experienced investors... if I invested €50k into ETH and GRT rn, what sort of return would I be looking at in 2 years’ time?

>>27862726
ms paint and yahoo finance, cutting edge i know

>>27853812
Thanks, anon. I need this general.

>>27863024
It means the same thing as DYDD, I presume.

>>27853812
>Do not buy heavily shilled coins on /biz/ such as Rubic, Bao, or whatever coin of the month it is. More on this below.*
tl;dr:
Hi I'm op and I hate money.

>>27872120
>>27872190
any answer to these?

>>27873140
You are one of the good newfags desu. 4chan is so much better than reddit because it's smaller and less infested with midwits. I switched about 3 years ago, and 4chan is just so comfy. It's so much more tightknit than reddit here. you should lurk /s4s/, /mu/, or /g/ to learn the chan culture.

>>27873398
Yeah, I’d like to hear this... is there a way to invest completely anonymously... sick of paying high taxes in my shithole Europoor country!

imagine not holding rubic. You've said it was a scam every day as the price goes up and up, I've never seen such blatant shilling. Just buy it, we're tired of seeing you cry.

>>27873597
>/mu/
That board is great to get away from the madness of /pol/

>>27873597
I've been here since 2015 mostly a /pol/ fag but I have never even lurked those boards desu. /lit/ is based though.

>>27873598
You're probably better off googling those laws on the proper site

>>27873597
God I fuckin hate reddit... redditors are just unironically retarded beyond belief!!

>>27873725
>I prefer leftist circlejerk instead of rightwing circlejerk!
It's still madness there too faggot, plus the music they shill is fucking awful 99% of the time.

>>27873880
Wasn’t really what I was asking... more so what fellow anons do to sort out taxes... do you buy anonymously or do you declare gains and pay taxes??

>>27872833
Is Coinbase Pro safe?

>>27865406
It’s garbage don’t buy it.

It literally only exists for ETH hodlers to get their money back from a hack, they forked the chain before the hack and airdropped everybody the ETC tokens.

>>27853812
Great advice but why never all in on a single coin? If you all in on a safe bet like GRT you'll get the most long term gains. I'd say always go all in between 1 and 3 coins that are all safe bets so one will carry the other in case it fails. But, again, only go with safe bets and try to swing the FOTM coins if you really want to spend the time.

What about ADA? I'm thinking to buy at least 1k.
I'm a third world poorfag so I want something cheap and safe.

>>27853812
>doing god's work
I can't believe my eyes. your efforts will be praised

>>27873463
ETH should at least double and GRT is looking like the next LINK which went from $1 to $25 within a year, so, I'd guess GRT will at least 20x in 2 years. Both great long term holds.

>>27871130
Lol check back in a week from now and rope yourself retard.

question for the oldfags, what situation can cause the majority of alts to dump like they are doing right now? btc breaking resistance?

>>27872120
>Defi
Decentralized Finance
>Why so many?
Different coins have different applications
>Ledger
No
>>27872190
>Gas
Cost of performing a transaction on a network

>>27872786
Sounds smart and easy 2x returns this year and probably much higher.

>>27873597
>>27873140
You are far more likely to get constructive advice on reddit. 'Tight knit'? Everyone on this board treats everyone else like their worst enemy. You're more likely to get people telling you to kill yourself than actually engage in a conversation. How is that comfy? Redditors are cringe but they're not malicious. Right now reddit finance subs are unusable due the doge/GME spam so /biz/ is temporarily better, but not by much.
>inb4 go back
Nah.

>>27859959
what wallet is that

what should be number 4?:
33% ETH
33% RBC
17% GRT
17% ???

>>27874350
Koinly, it does all the shit for you.

>>27874693
There's great advice constantly stfu.
>sprays inb4 repellent
Go back

>>27874961
>33% RBC
read the OP and try ADA

>>27873220
Yep I feel sorry for all the new fags who will miss out on rubic because of all the fudding. I remember when it was at .18 and there was a guy fudding so hard he had 20-40 posts in every rubic thread.

>>27874961
LINK, ATOM, maybe ZRX those are decent. Read up on them. Prob just put 4th in BTC tho

Absolute crypto newfag, here. What are the preferred US trading platforms? I have coinbase and now pro, but they don't have a lot.

>>27875154
Depends on what coin you're trading. Binance is good, fast, and easy to use. Have a referral if you plan to make one: 73960396

>>27875027
I'd buy that and frame it!

>>27875065
And I fell for it...

>>27875154
Coinbase is easiest but only has big safe coins. Kraken and Binance have a lot more but are harder to setup. They have lower fees too.

>>27875154
Binance has a lot of coins but they are chinks. I still use them lol.
I would like to hear what others have to say as well. I tried opening a kraken account but the verification kept fucking up,

>>27875247
Binance's verification was too intrusive.

>>27875282
Sorry man but it was pretty obvious to me when they were saying things that are blatantly untrue about this project just to try to knock it for seemingly no reason.

>>27875377
Not really. For me I just sent my ID picture and it got approved in less than 10 minutes. Never had any problem with it. I got rejected by Coinbase over and over though. They never can confirm my ID picture.

>>27875316

>>27875325
I've heard kraken mentioned a few times on this board. I'll check it out. Thanks

>small expense of around $250 comes up
>wait for a (tiny) dip
>buy BTC and ETH
>wait a few days
>take out $250 in profit
this is so fucking addictive

i eat my own POOP

Coinbase Pro, Binance, or Blockfolio?

>>27875839
See
>>27875247

Is there a comprehensive guide to setting up metamask or whatever else to buy altcoins that aren't on coinbase? i'm scared

>>27875650
Coinbase didn't ask for my picture, but binance did and said it was for biometric data. Too much for me.

>>27875839
Blockfolio does NOT allow withdraw yet. Do not but with them yet. You literally cannot transfer your money back to fiat yet. They have invisible fees too but give free shit coins with every $10 transaction.

Just starting out, when's the best time to buy ETH? Seems like it just keeps growing

>>27875948
If sending your ID for a crypto exchange app is too much for your privacy then this isn't the activity for you

>>27876140
It just pumped hard to like $1700 so I'd wait to see if it stops below at least $1650 if not lower. Hard to tell anymore though since everything has been rocketing hard lately.

>>27876327
Thanks

>>27873048
newfag here. how does one put coins in a wallet like im using coinbase right now are my coins automatically in a wallet

>>27853812
I greatly appreciate all this advice. Thank you.

>>27875923
Usually other exchanges like kraken, Poloniex, binance US, etc will have many more options.

Metamask is a wallet app, coinbase is an exchange WITH a wallet app.

To get the super low market cap altcoins you’ll need UniSwap, 1inch or some other DEX (decentralized exchange)

>>27876502
You make a wallet in a wallet app like Metamask. Then just send your coins to your wallet address. Watch Metamask tutorial on youtube for guidance.

>>27876327
what a reasonable amount of cash to start of with eth ?

>>27853812
good advice but I recommend spelling out what all those acronyms mean for the next time this thread is made.

>>27876293
It was the webcam pic that was too much.

Can someone explain to a newfag with one braincell, what delegating means in The Graph?

>>27869833
cant go wrong with eth anon

What new and exciting uses for blockchain technology are there? I followed bitcoin in 2010 on /g/ and then lost interest when it when to $600 and thought I missed the boat. Last time I dug into crypto the big thing was Eth with smart contracts and dApps. Literally saw it on the news after not using a computer for years because The DAO was getting massive funding, went and read about Eth, and then a few weeks later saw that it got hacked, and then the whole forking episode. Haven't been following crypto since. Any new innovations?

>>27876683
You are loaning your coins and earning a return for doing so.

>>27869833
yes. don't do the fucking pajeet shit.

>>27876044
>Blockfolio does NOT allow withdraw yet. Do not but with them yet.
FUCK I BOUGHT GRT IN THERE

I like this general. have a bump and some cunny

>>27870068
>RSR
>scam

you are an actual retard, enjoy being left behind

>>27876561
can you exchange for cardano on uni?

>>27876616
is metamask safe for grt? also arent there high fees with meta?

>>27870068
>RSR
RSR has $371M of MC, how this shit is manipulated?

>>27876502
Coins can only ever be in a wallet, they’re either there or they’re not. Coinbase just provides you wallets for each crypto they list, but you can make your own using other wallets. This is actually highly advised, exchanges are far more secure now than they used to be, but things can still go wrong.

I just started this month. I have ETH and GRT. For a third I'm still thinking. Is it too late for LINK?

Bros if I have a shit coin in metamask that is on its peak, where would I go to sell it?

>>27854695
Its fake, you can change the amounts via the app. There isnt anything that lists your total value directly because people buy from multiple sites

>>27868586
>Personally, I think it's a lot better to set aside a portion of your paycheck
Based. Just started doing this. I will start focusing on ETH, though. Currently have like ~$300 worth of Link, GRT, and Stellar. A-am I gonna make it bros?

buy reef and expect $1 EoY newfags

>>27877222
Depends on how many coins you have. For me I just keep mine in Binance since I swing trade. Only move coins to Meatamask if it's a long hold like a year or something because the purpose is that it's safer there.

>>27853812
If I "add funds" to coinbase but its the wrong routing number, what happens if I lose all the money before I can pay them back?

I actually made profit and I have the money but not enough time to transfer funds. Just wondering.

I have 5 coins that will 100x, I will not tell you goys which coins they are

>>27877788
Good. I don't want to be tempted.

is it too late to become a stinky linkie? i bought 4 today

>>27878181
LINK is okay but don't expect huge returns. It probably won't go above $200 this year.

>>27853812
Imagine missing 25xs like Rubic because you wanted to not buy something shilled....

Little tip, next one is McDonald’scoin

>>27853812
To all the newbies ITT

I was you 5 years ago

This cycle I will breach 7 digits

Never lose hope

>>27878300
You stink like curry and feces sir

I bought rubic yesterday and it more than doubled my portfolio. How did you know about the discord shill post thing ?

>>27876619
It's already at a high value so even if you buy $10k worth you prob won't more than x2 your investment unless ETH goes crazy this year. All estimates I've seen are maybe x5 the highest which I don't believe. It's a solid stable coin though.

Big gains you gotta buy cheap coins that have good value as projects like GRT and go all in hoping for x10. You can get 1000 of them for $1000 so easy $10k profit if they take off like LINK did.

I'd use ETH like a savings account and leave it until I need the money. Buy cheap coins with $1k hoping for a x10 and do $100 in something dumb and really cheap like DOGE for swinging if you want to. All depends on how much you can afford to invest.

>>27878351
What'd you start with

>>27868537
you're fucking retarded

>>27868840
Where are you doing your trading?

>>27876914
Same. I contacted support and they gave an answer that sounded like they are adding withdraw ability this month but who knows. How retarded is it that you can deposit but not withdraw though. I would have never thought it was a possibility.

>>27878430
Try dropping more than 10 ETH into RBC and watch it dump. I don't buy into a token for under 100 ETH, waste of gas

>>27877336
I'd put more in ETH before LINK

>>27878623
Honestly I don't think ETH will go above $15k this year

>>27878503
kekked

>>27863009
And how do you want us to do this with the current gas prices? Binance and CB in my area don't have these coins.

>>27878888
I dont own any kyber, just using the graph as a demo
also, czechoslovakiad

>>27878935
To be clearer - I'd love to invest in GRT and AAVE (already ate gas fees to get rubic, not doing it again).

>>27878780
I don't even think it'll hit $5k this year but I also doubt LINK will hit $50. Cheaper coins have more growth potential but ETH is more popular. It's anyone's guess really but at least they will both very likely be in the green EOY.

>>27879136
It'll definitely breach at least $8k
Crypto has only just begun, ETH will have minimum $10T marketcap EOY

>>27879242
Is that a hunch or based on something more? It has crabbed between pumps quite a bit the past 6 months but it's also x5 so based on that I can see it over $5k but I also feel like it's easier to x5 when you start at $100 ad opposed to $1000 just psychologically.

I hope I'm wrong and it moons to $10k+ though of course.

>>27863024
>what does DYOR mean?
It's a new type of crypto currency.

Just bought an Ethereum at basically ath and I don’t even feel bad about it

>>27867741
>How do I remove the smell of burnt popcorn from my microwave?
Stop heating popcorn in your microwave

>>27879392
My intuition based on global economy
The rich are losing faith in stocks and real estate

>>27879759
Do Your Own Research. Basically don't take anyone's word for it.

>>27866680
You sell everything

>>27879919
Ya and the recent GME fiasco only seems to exacerbate it and helps crypto grow. I'm all for it.

>>27853812
I just heard that you can mine on your phone with Pi Network, but it seems like a ponzi/pyramid scheme since you need referrals to enter, and it's free. I'm skeptical about it, but I know someone who could get me started.
>Keep your money! Pi is free. All you need is an invitation from an existing trusted member on the network. If you have an invitation you can download the mobile app below.
>Users log in every day and click a button to get digital currency.
>Users level up by inviting more users to the platform. This makes them gain more digital currency per day.
Is it a trap? Does any anon here have prior experience with using it?

>>27873041
>algo 1k
>ada 1k
you already made it broheim, see you in 2 years

>>27880855
Thanks fren, you too!

Can someone explain something to me. What's the long term plan for daily uusage of crypto, right now they are like gold bars that people keep as a way to keep wealth or an expensive painting, but what's the plan for daily usage, when is it gonna be the time when you buy your morning cup of cofee with cryto, and which crypto would it be. People say eth, but the you can't have a situation whete it cost more in gas fees to buy a cup of cofee than the cofee itself.

>>27881561
USDT

>>27881561
The most probably solution is... Banks and credit card companies issuing crypto back credit and debit cards.

>>27881881
Coinbase is already doing that

coinbase takes 7 days for me to be able to withdraw crypto to an external after deposting money.

which other brokerages can i get faster than that so i can withdraw to an external account quicker in the future.

>inb4 binance
I live in texas so no

>>27853812
all this just to fud rubic? suck my dick nigger

>>27882160
Kraken

>>27882258
suck my nigger dick*

As someone who lived through the 2017-2018 crash FUCK THIS ADVICE. Look at the attached picture, how can you call that safe?

There will be another crash again, i'm sorry but it is just the nature of crypto it is inherent risky. Because at this point crypto is so far detached from any sort of tangible value. Its fiat price is just based on purely speculation.

Why invest in something like BTC/ETH that has maybe 2x time upward potential this cycle, but has 10x downward potential.

At this point, shitcoins/mid cap coins are the place to make money. If you learn to navigate these coins you can x20 your money.

Shit man if your going to invest your money in something EXTREMLY volatile/risky that has huge downward potential. It just makes sense to go with coins that have equally large upside potential.

>>27884068
Oops forgot to attach the picture

Do you have to buy a mine in order to get into crypto? Or can you buy a certain amount and watch it fluctuate over time?

Can anybody tell me the best marketplace for suckers living in this pozzed state?

what do you guys do regarding wallets

>>27884068
those crashes are extremely easy to forecast

>>27884732
>>27884068

Thoughts on MKR? Seems like the best DeFi bluechip for your money. Most dominance in DeFi market. Could see 4k this week.

can't even get started with coinbase because the 2-step authentication code never gets sent to my phone

>>27884732
can you explain to me what I'm seeing?

can someone please explain to me what the fuck is going on with these Ethereum gas fees?
I'm just a cryptominer with an rtx 3080 trying to diversify my ""portfolio""

>>27884732
Same, I have seen these charts before and I cant fully grasp what it means.

>>27871711
No but you can on coinbase pro. It's free and you can just transfer everything for free

What are best practices for tracking crypto trades, for the purposes of taxes? It seems that every action taken with crypto is taxable (in the USA).

>>27853812
Can you please redpill me on Ether 2.0, and can you explain the difference if any between Compound, 1inch and Surf

Thank you sir

Why are most cryptos down today? Is it indicative of a larger dump or is it just a short term dip?

>>27853812

>>27887651
Koinly. Connect your wallet and it does everything for you

>>27887991
Possibly transfers into BTC?
I'm seeing the TOTALs going in opposite directions. That is, the Total Market Cap of cryptos is going up (or holding) while the TMC of crypto ex-BTC are going down.

Want a hard wallet setup, what do I need? Complete retard version pls

>>27887991
We just had a massive altcoin market rally and its now correcting. Good time to invest.

>>27888369
As in, a ledger, a metal plate with phrase and what else? What exchanges are good with low fees?

>>27867741
Cook for less time, faggot. The inside of the bag is hot enough to keep popping kernels even after the microwave is off, so you'll get the exact same amount either way, just less burnt.

what's with the OPEN BAO shilling going on?

its low cap rn so i might just buy in and try to grab a 5x before the rugpull

>>27868946
Shitcoins. At least with shitcoins, the pajeets make their money even if you make some off their back. Some other faggot WILL hold the bag, so they're not out to fuck you specifically. Casinos are designed to fuck everyone who walks in, no exceptions and no prejudices. If you have enter the casino door, you are a target and they'll do everything they can to take all you have before you leave again.

I've bought 5 cryptos so far.

Every single one immediately plunged the minute I bought it.
And the very moment I paid with my Bitcoin, Bitcoin surged through the roof

Very demoralized right now

>>27888847
how do you cut out on shitcoins that can only get uniswapped?

is there some market for US bros that we can use to collar our shitcoins/

>>27853812
>Rubic discord server

Do you have proof of this?

>Coinbase Pro has the lowest fees
But online it says that Binance has the lowest fees

>>27853812
What's with the spamming of OPEN in so many threads? I won't buy it now because I can feel the dump coming.

using coinbase pro, they want ID verification. am i going to get my identity stolen uploading a pic of my drivers/passport?

>>27854917
Disagree with that. Most people with 7 figures bought bitcoin when it was sub 1000 and just road the wave in 2017 with that initial investment with Eth,neo,link etc. that’s why they feel nothing. Their initial real investment is probably less than 2k so it’s just numbers on a screen.

>>27889242
dont use your passport use your driver's license

that way the worst thing that can happen is someone tries to put your license # into a traffic ticket

>>27888479
why doesn't anyone help a newfag. I just want a basic cold wallet setup

>>27874693
>he thinks telling someone kys is genuinely malicious
Sorry you didn't have friends growing up, Anon, but people who like each other talk a lot of shit.

>>27889309
this seems super sketch why the fuck do they need ID verification. I thought the entire point of crypto is that its off grid and not connected to the jewish control system

>>27880622
was just about to post this same thing they have claim to have 12 million users but they havent finished their mainnet yet. i have some coins but i have no idea what the true value of it will be when they finally launch.

>>27889596
those days are gone unless you want to send someone stacks of gift cards or wire transfer

>>27879867
It was overpriced at $400 wasn’t long ago.

split your initial investment into thirds - bitcoin, something mid tier like monero and then whatever shitcoin you feel like gambling on

>>27888230
I love you anon, thanks a bunch.

>>27889515
Ive never seen a truer statement

>>27853812
Why the hell are y’all signaling buy for ETH/ BTC when they’re at an ATH?
Does nobody think there’s going to be a major correction?

>>27889697
so there is some measure of government regulation and security with coinbase pro?

im not US citizen so what protect or security do I have? is coinbase regulated in some way?

>>27890069
coinbase is pretty much the closest thing you'll get to a secure market because they're more than willing to play nice with the us govt

>>27888926
This is extremely normal. You buy with the intent to turn a profit later. Ignore short term dips. Paper hands are what destroy gains and make people lose money. You have to have faith in your investment choices.

>>27889697
Wait, doesn't the Exodus wallet let you trade between coins? Can't you use that as your "exchange" to make trades without doing any identity verification nonsense?

>>27889999
c-checked

I would add - if you know you're not high IQ, don't trade. Stick to BTC and ETH and HODL.

Trading is not for people under 120 IQ

>>27873785
Siegecoin when?

>>27853812

>>27865591
QLC

>>27889999
There's no intrinsic value to correct to. It can be worth whatever we want unlike stock

When eth and btc go to shit. will all the alt's dump harder? Like I'm in prq and lto, will they dump harder even with fundamentals? Should I cash out before it all dumps or just hold forever.

40% ETH
40% GRT
20% XRP as my shitcoin of choice
does this seem like a good split? about to start working again so i can stash up some more

>>27890712
Change GRT to Link

>>27877669
soon

>>27872961
i mean this dude isnt wrong but to explain have plans for every purchase, open a spreadsheet enter your buy in price vs eth / btc / link and then set thresholds to swap between/cash out some and let them a bit ride

Is ripple a scam

>>27853812
I don’t understand crypto. You can still barely use it for anything. All these crypto “millionaires” still live in shitty apartments and drive shitty cars

>>27853812
>- Don't day/swing trade crypto. Invest with intent to hold for years. Timing the crypto market is nigh-impossible.
what's wrong with daytrading crypto?

REEF RUNE STA


my picks

Am i doing ok?
30% Link
30%eth
30% LTO, injective protocol and 1 x aave.
10% rubic
Started with $100 in link in 2018. Came back to see it was now near 4k added a 3 eth at $800 late last year. Then used 0.5 eth to buy inj late December. Added another 2k and grabbed $1500 LTO.
used the other 500 to fuck around.
$200 Rubic now = close to $1700
And ive been making extra playing this doge pump bullshit. Used gains to buy an aave and added another $400 to lto stack.

>>27890712
60% LINK
30% GRT
10% XRP in case the schizos are right

I have a tip for you
don’t follow this scam that they try to discuss on this thread
if you want to use top tools and algorithms for trading you should check Bot Ocean
Thank me after, boi

I believe in XLM!

>>27868946
you can easily manage risk "gambling" on shitcoins. the first step is to not think of it as gambling. if you are quite literally just buying without thinking like at a slot machine you will get burned undoubtedly. the key is to trade, not invest. get in and get back out as soon as u make a decent profit. with me, a 2-3x and I'm out. if that. learned the hard way in the 2020 defi summer to now HODL shitcoins. yeah they may go 20x or more but many low cap coins quite literally go to zero. but yeah, buy dips on low cap, but solid looking projects that are in an uptrend. put the profits into your blue chips like BTC and ETH. never go all in. rinse, repeat. harder these days with a small sum considering gas fees, but even exchanges like ftx and binance have decent low-mid cap coins that you can swing.

>>27890967
>living in shitty apartments and driving shitty cars
astoundingly based and business savvy

How do I find new projects outside of this place?

>>27867741
Microwave a bowl of white vinegar. Bring to a boil and then scrub/wipe the condensation on your microwave's walls. Let open for about an hour to get rid of the vinegar smell. If this doesn't work, try baking soda scrub, and if that doesn't work, it's lost, get a new one.

> t. housewife

>>27872120
get on a proper exchange like binance or coinbase (if ur US) and start building a position in btc and eth. start by putting a good chunk in just to get some exposure and then DCA or buy when you see blood red on the charts. learn about other coins after. only worry about getting hardware wallet if it's worth the transfer fees and cost of the wallet to be worth it for ur stack size.

>>27873463
eth 5k+ by winter 2022 imo. so a 3x from here.

>>27863024
Where do you people even come from

>>27875839
binance. best selection of coins

>>27879867
this week's resistance is next week's support

>>27887991
BTC teasing a breakout so people rotated alt profits into btc it seems

anyone have any resources for crypto trading or getting started in trading in general

>>27890690
shitcoin will dump harder than eth. and eth will dump harder than btc. put shitcoin profits into eth and btc. i regret taking profits into bitcoin in the 2020 defi summer

>>27893020
kinda interested in doing some trading and have no idea where to start

>>27853812
Great Thread hope it continues moving forward.

>>27870015
Pretty much this