/biz/ - Business & Finance

Yes anon. Halfway to what is I assume your first $10k. Don't get greedy.

>>28587146
Almost keeping up with inflation, good job

>>28587146
No. It only becomes good when you lose it all again

>>28587146

keep it up boy

Yup. Just keep doing that and you'll make it.

>>28587182
>>28587212
>>28587248
>>28587299(checked)
Thanks guys
>>28587241
Im a poorfag and a new investor

>>28587146
id say its pretty damn okay.

>>28587365
A word of advice, from someone who up until 2 months ago never had more than 2-3k in his bank account:
It is alt season. If the schizoids are right, and they sometimes are, this alt season may last through many moons.

Do you know what DYOR means? Of course you understand the acronym, but do you know what it really means? It means that you know what you're holding through a dip. It means that you don't get scared during corrections.

You WILL make a lot of money off 2x pumps -- 4x pumps, 6x pumps, 10x pumps -- if you aren't afraid to throw your money into the pot, but you need to know when to sell. You will, many times these coming months, regret NOT selling a random shitcoin at its ATH, even if you still came out on top. That's all well and good, but how do you avoid regret from selling?

>DYOR

You will know not to sell a project when you know in your heart that it is good, and it is virtuous. Maybe you won't know if it succeeds or not, but you're gambling on something that you believe in. These are the projects you need to hold. These are the projects that, when you see their logo & your pupils dilate while your heart warms, you need to DYOR on.

Didn't DYOR on a shitcoin, sold when you made a little profit, and it went parabolic? Well, if you didn't DYOR on it, you didn't believe in it in the first place, it didn't appeal to you. Fuck that shitcoin and fuck the people holding it.

DYOR to avoid regret. DYOR to manifest self-respect. DYOR to maintain integrity.

"Funny money" and "Real money". Know where to invest what.

Also:
>Learn the language of shills (exclamation marks are frequent, I've noticed)
>Learn the commonalities between PnDs
>Learn how marketcaps work
>Start using dextools for price checking

>>28587998
best advice, look here anon

>>28587998
Incredibly based. I’ve been in the market since 2017 and this is perfect advice. Started at 1.2k and sitting on 175k now from these principles. There have been times I’ve felt regret for not fomoing into random pumps but overall hodling projects you believe in is the best for your bank account and your sanity.

Yes brock

>>28589409
> 1.2k to 175k
What the fucking fuck?

>>28587998
based. when you know exactly why you bought in, you dont have to worry about when to sell.

>turned 2100 into 120

>>28587998
I sold grt at .50 after buying at .32 rip

>>28587146
now do 50k

I turned $400 into $4600 this week. Is that ok?

>>28589513
If he bought LINK it’s not that unlinkely

>>28587146
I turned $200 into $1600 by simply investing in 5 cryptos with tech that I believe is game-changing. That's it. Pretty fucking crazy. Preparing to exit as we speak though, because I would feel like trash if I lost even half of that profit. Have half my shit in CB Pro ready to market-sell if everything starts rapidly tanking.

Turned 220 onto 2600 then back to 1300
How am I doing lads?

>>28587182
This.
Got greedy, lost 2 out of 7k

>>28589513
I’ve slowly added from my part time job (I’m a student) but it’s 90% from the link stack I got sub 25cents

>>28587146
How many ALEPH tokens did you need for this?

>>28587998
I was thinking about selling my Rubic but you have me hope. I have called so many fucking moonshots from shitcoins but never went into them because they didn't provide anything substantive. It is hard seeing them skyrocket while Rubic flops around like a dead fish.

>>28589409
What the fuck did you hold? Is this just for crypto or the stock market too?

>>28589744
I can never get on Rubic, it seems this coin came out of nowhere and one day the board was filled with 20+ posts about it. Seemed too scammy so I stayed away from it. No regrets

>>28587146
my first 3 past weeks in crypto:
>invest 2.5k savings
>turn 2.5 into 8k
>turn 8 into 4k
> turn 4 into 12k
>turn 12 into 6k
kind of a 3 steps fwd 2 steps back kind of deal for me

>>28589815
See >>28589733

Also one piece of advice I would give is go all in on one or two projects you have confidence in. Diversifying with such small capital is a meme, do it when you have a respectable net worth. Diversification is a play to avoid loss, not chase gains. Even buffet agrees with this.

>>28589843
so every coin?

I turned $300 into $600 with doge but now it's back to $450, i deeply regret not putting it into GRT though

>>28589869
sounds like you're chasing quick profits from shitcoins. Just pick one that could actually be viable and be patient.

>>28589744
There is absolutely nothing fucking wrong with playing pump and dumps. That's your funny money. I'm still a relative poorfag. Made my first 10k at the end of January -- maybe take my advice with a grain of salt, then, but it worked for me.

Funny money in overnight moonshots. Lost a couple hundred more than once, made several thousand here and there.

New Years Eve I committed myself to dumping most of my bank account into cryptocurrency. If you are a poorfag, you have nothing to lose, really, as long as you've got a steady income under your belt. I'm military -- I make E3 pay. What that meant for me was $500 into crypto, every paycheck, every two weeks. That was enough to get me to where I am now.

One more bit of advice for climbing the ladder from a sub-5k net worth: Frugality isn't saving money so it can sit and do fucking nothing. Frugality is forcing your money into providence.

I didn't read a self-help book for this information, I learned this from browsing /biz/ passively for three years and being too much of a fucking pussy to have anything to show for it. I'm lucky I'm only 21.

Now's your time to climb the ladder boys. I'm going to bed, but:
>general spoonfeed thread

>>28587998
really good shit. This is how you make money

>>28589586
Why does the barrel say “20 gauge” but the shell says 12

i turned $1000 into $28

>>28587146
Hedgie's worst nightmare, good job

>>28590472
That takes some dedication my dude, respect.

It's not turned into until you cash out, nigger

Take your first 1000 out. Rest is free money

>>28587998
You can sidestep this problem by not buying shitcoins and only investing in promising projects with real (ie not "maeks u richh") usecases.

>>28589720
you're doing fine as long as you're learning, and you still made money

you think prices going to go up when people get there stim checks?

>>28591834
everything is going to go up when that shit happens lul

>>28590361
>meme is literally a humanoid mentally subservient frog with a shotgun
Anon... I...

I just invest a little in a bunch of coins...
One of them will go to the moon right?
In biology they call this the r-strategy. produce many offspring, invest little care. One of them is gonne make it. I always thought we can learn a lot from nature, what do you guys think? I have a few more, that wouldnt fit on the screen

I just lost $700 because every crypto decided to couple with btc again. Worthless shitcoin that it is. Just shows up and ruins alt season.