/biz/ - Business & Finance

>>28624214
Grats bro

>>28624405
ty fren

>>28624214
How do I turn $1k into $1m?

>>28624214
Congrats bro. Hope you use that money to launch your own shitcoin so you can print millions, you can finance good shit with that money.

>>28624758
You buy the dips and sell the nips.

Legit jelly. Only got 7k in my name and 5k went to my first crypto portfolio of GRT ADA and ALGO. I wish I added more into GRT but I dont have much money to make it this year

Grats bro, you finally made it :D

>>28624214
grats

>no frens
Who you kiddin'?

>>28624214
always do exactly what biz says

>>28625064
Unironically this long with DYOR
>if its a meme coin like MCDC, avoid
>if its a big project like GRT or ALGO, go all in
shit made me 3k in a week and still paying off. I still kick myself for not putting more on GRT cause I went balls deep on ALGO and ADA

>>28624214

Well done, what was your strat

Milli milli, what tokens u bought in januarY?

>>28624758
>>28625493
It's all about catching the right coins at the right times, and also selling at the right times. Taking calculated risks. I always tried to balance my portfolio between having longterm safe play holds which I knew were not outright scams, and also some high-risk, high reward shitcoins, the kind that can do a 10x overnight. So you'll never lose all your money. There's always an element of luck along the way too. You will get burned at points. But if you're lucky you'll be at the right place, right time to catch a legit gem at a bargain price and get a 100x (mine was BUIDL, bought at 5c, now at $6-$7).

it's been a long road
but you had faith of the heart

How did you do it? What coins?

>>28626449
In 2017 I made most of my profit in Pepecash (a stupid memecoin based on Pepe trading cards that surged in price). During spring/summer 2017 there were tons of opportunities to make money on all kinds of coins, kind of similar to how it is now actually. If you're new to crypto, now is your chance to get on some moon rides. In September of 2017 I invested in Chainlink and held that for a couple years, made some decent profit. Sold it for BSV, then in March 2020 when the crash happened I panic sold the bottom of the dip and wanted to kms when the markets bounced back. But that was actually the springboard for me to start making some serious money because in a "fuck it" moment, I decided to take a risk and bought McAfee's GHOST coin, which was probably the first coin of 2020 to go on a big run. After that, I had recovered my losses from the panic sell. And in May I bought a big fat stack of BUIDL which has since done a 140x. I made a decent amount of money on several of the Uniswap shitcoins of spring 2020. That was the best time to make tons of overnight 10x's (sushi, kimchi etc). But BUIDL was the one that really got me my huge gains.

>>28627332
congrats anon proud of u :-)

>>28627332
So what should I do now

>>28627332
Do you know that GHOST has a new team and is now at $0.18 price? They want to recover... but it'll not be easy.

Maybe we should create a Telegram group and research coins together?

I spotted:

1 2021
RARIBLE - bought at $1.6, now $18

summer 2020:
THETA 100x
CELSIUS 100x

2017:
CHAINLINK at $0.2x cents, I made even a screenshot with bookmarked price

>>28627456
thanks anon hope you make it if you haven't already
>>28627705
trawl biz, twitter, telegram for low mcap gems or legit projects with momentum and potential. Look for good entry points (i.e. dont buy the local top).

>>28625958
based and sensible-pilled.

Apy finance is my ticket. The niggers fuding have literally no idea about the teams behind it. Those investors don’t get scammed by pajeets. They’re just mad they think they missed their chance

>>28627900
After all their bullshit I would never buy Ghost coin again lol. Nice calls on THETA and CELCIUS, I missed those.

>>28624214
>>28627332
How can you determine if an early project is legit or not like BUIDL and sushi? Is it just luck?

>>28627900
How do you spot them?

>>28624214
Also, rate my follio OP. aigmi?

>>28624899
based and gmipilled

im 21 at $550k. Most is in LINK. I threw $9k into Everest(Ticker: ID). Is it a good hold or not? I'm from 2017 November started with about $3k, but I got burned hard in January 2018 because I was a dumb 18yo.

I had 180k in December 2017.Nowi only have 300k. I could've went all in Link December 2017 and had 20million now, instead I only got a suicide stack

>>28628210
Because the BUIDL devs were open about their identities from the very beginning and if you looked into them you can see they have some deep Ethereum Foundation connections (for example they were invited to EDCON last year). They NEVER hyped up their product (and have still yet to even begin to market it) and were solely focused on building. The product speaks for itself. They also have weekly Medium released and are always on Discord. Totally dedicated to this project. Also I was impressed by the website even though most anons on here slated it (cause it looks kinda unprofessional). But the point was clear; they're building something innovative and novel that could well become an integral part of Ethereum. DFO's are the natural evolution to DAOs and I could sense that at some point, people would catch on and buy in.

Whereas for stuff like Sushi, its clear that its just a new kind of ponziscam with very little innovation, which you're best getting in and out of quickly. There are these little fads in crypto which blow up for periods of time then basically fade out of existence. The team is probably always the most important thing to look at. If the team is anonymous, don't ever think about holding it longterm (there are very few anon dev coins which dont rug eventually).

>>28628391
Not bad but you have most of your money in GRT right now which is already a high mcap and unlikely to give big returns quickly. Keep your eye out for a low cap gem and when the time comes, put some of your GRT or INJ stack into it.

>>28629468
All your reasons for believing in BUIDL are the same reasons I believe in RSR. Am I gonna make it?

>$1MM in illiquid tokens.
NGMI

>>28628668
>im 21 at $550k.
Grats frend as long as you dont royally fuck up you'll easily make it.

>>28628283
THETA - it was generating a free TFUEL for hosting a node on VPS. I was one of their first users and had many servers...

CELSIUS - My friend told me to buy, because their CEO had a good history and was reliable.

RARIBLE - I just knew about incoming NFT bullrun and spotted this as a platform with highest daily volume.

CHAINLINK - 4chan :) !!!!!!

>>28629609
Yeah GRT is pretty high but INJ is only like 200 mil. Should I be looking for sub 100 mil caps?

>>28629815
If I was you I would be looking for sub $10m mcaps, ideally sub $2m. Those are the ones that will give you quick x's. Just be careful, lots of scams out there.

>>28630033
Checked. Thanks for the advice anon and gratz on the milli.

>>28629641
Well RSR is already a high marketcap. If you're hoping to 10x your money I would look at smaller cap coins.

>>28624214
I'm on a similar trajectory to yours, anon, at least, I'd like to be. Started out at the end of last August with 500$, currently sitting on almost 20k.

WAGMI

>>28625269
Patience friend, you Algo is more likely to pay off in the long, long run. Sit pretty for at least a year or two.

>>28630822
ADA GRT and ALGO are all long-term holds anyway, I wasn't planning to swing it. My issue is that GRT is moving much faster than the others so I feel like shit for having only 1k GRT while ALGO and ADA is above 3k