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4278005 No.4278005 [Reply] [Original]

Hey /biz, near-broke student here. Been lurking 4chan ever since 2011 though, when I was 13. Around then I asked my dad for $500 to buy this thing called "Bitcoin." He said no even though I told him how revolutionary blockchain technology was.

Today he apologized for not supporting me and he was almost in tears cause I'd have been a multimillionaire at age 18 if he listened to me. He said he couldn't go back in time and fix that, but he wanted to "make it up" to me.

Long story short, he gave me a check for $5,000 to invest in crypto while I'm in uni. I told him I'd pay it back eventually.

What do you guys recommend? Buy and hold? Trading? Which coins? Help a noob out. Genuine discussion and thoughtful answers should leave BTC addresses, might toss a few sats.

>> No.4278026
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4278026

>>4278005
ill give you a 1000 LINK for your dad

>> No.4278030

I told my dad to invest in bitcoin at 3k and he said no. cunt.

>> No.4278033

All in on link

>> No.4278037
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4278037

>>4278026
DUDE

Fuck his dad, help an actual struggling LINK marine

0x08cc5c4b81f5a743c1200373ce0b0a9d57ed1f88

I’ve gotten massacred

>> No.4278053

to answer your question, why not split your portfolio like this

40/50% strong holds
20/30% strong alts
10/15% random ass shit coins in case they moon
5/10% day trading or margin trading if you feel like it

>> No.4278060

Bro, that's hella sad. If only he believed in u.

None the less, he did what he can. I respect that man.

>> No.4278061

>>4278037
got 20000 link since 7600 so not prepared to help you out anon - although if you send me OPs dad, i will reconsider (((bounty)))

>> No.4278066

25% btc
25% ltc
25% xmr
25% whatever shitcoins shilled here (ark, link, vtc) pick your poison.

And don't day trade your money away.

>> No.4278067
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4278067

>>4278026
If you're being real I thank you forever. However I only have a coinbase account so far. What exchange should I sign up for to get myself some LINK?

>> No.4278078

50% Bitcoin cash next dip

25% NEO 25% ETP or ARK

>> No.4278080
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4278080

>>4278005
for real - 25% LINK - 25% DBIX - 25% SALT - 25% BTC

>> No.4278114
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4278114

>>4278053
That sounds like a strong rec.
What do you think are strong holds? BTC and ETH?
Strong alts?
I'm thinking about buying LINK, IOTA, and Ripple with that 15%.

>> No.4278144

>>4278005
buy ark, hodl for a year, make daddy proud

>> No.4278174

>>4278005
you will need to register for Bittrex/Binance

>> No.4278177

>>4278114
Don't buy ripple
I made that same mistake when I started and ended up with the worst bags of my life

>> No.4278180

BLOCK
LINK
ADA

>> No.4278182
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4278182

>>4278060
I don't blame him. He's a really smart guy and his arguments were legitimate. He believed in me for a lot of other things, and told me I could get a perfect score on the ACT when I was in like 4th grade.

>> No.4278184

>>4278114
strong holds - BTC, NEO, LTC
strong alts - WTC, ARK
I fucking hate you poorfag, get rich

>> No.4278187

>>4278114
for strong probably litecoin, monero, bitcoin, perhaps a little bit of bcc, and eth

>> No.4278190

invest $1000 in each:

bitcoin
ethereum
gas
factom
zencash

trust me

>> No.4278196

Request.

>> No.4278256

>>4278067
ARK board the Boat - God is sending us all a Second sign. It’s under $4 today. I can’t say the same for this time next week. It’s the coin that links all block chains - has an impressive Set of Devs and good social support. Spend $500 today and cash $50,000 in 2 years. Sorry it won’t be millions but if you want 5 years it just may be

>> No.4278268

>>4278190
No LTC
No ARK
No BCH
>Trust me
>Pick one

>> No.4278269

Half in BTC. 25% in other long term holds. 25% in high risk. That's what i would do

>> No.4278333
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4278333

>>4278174
Registered for bittrex. I can't find out how to make a chainlink wallet on there so I'm making a Binance account. What's your referral id anon?

>> No.4278522
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4278522

>>4278026
>>4278061
>>4278174
0xce6108cd474c36a55b5da7a9e5991f2f8f835329
Anon I will make my dad proud and I know yours would be

>> No.4278545

OP HERE FOR REAL
Buy a bit of BTC, as this thing is going to continue to rise in the next 5 years, so accumulate portions at a time and hold. ~2000$ worth to start.
Also buy a bit of ethereum. The Metropolis update is coming in September, and there's a difficulty adjustment that should bring the value up shortly. ~2000$ here.

Finally, I'd put the rest in litecoin. Charlie is doing a live stream tonight at 6 pm. There are atomic swaps coming between chains. It should provide a nice pop in the somewhat near future. Even if not, the coin is known to be quite stable in its prices. Plus, I send to and from exchanges through litecoin because it is fast and cheap.

I started with a similar amount of $ just a few weeks ago and have already seen a decent return for such a humble initial investment.

Good luck.

>> No.4278581
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4278581

>>4278545
Looks to be really sound advice. Best wishes to you anon. May we all prosper.