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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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4999928 No.4999928 [Reply] [Original]

I have $3-4000 I'm willing to yolo.

I know almost absolutely nothing about cryptos. I've probably spent a total of 2 hours lurking on biz.

From my limited research I've decided to throw 3 grand into XBY.

My reasoning is that even if Bitcoin hits 100k at the end of the year, my 3,000 only becomes 15,000.

However, if XBY hits $1, I'm already up to $30,000 and more.

Any thoughts? Now I have to actually figure out how to buy this stuff.

>> No.4999957

>>4999928
L I N K
I
N
K

>> No.4999967

>>4999928
However, if your shitcoin doesn't do anything you'll only have been bleeding sat at the end of the year.

>> No.4999975
File: 54 KB, 540x534, pepel.jpg [View same] [iqdb] [saucenao] [google]
4999975

>>4999957

>> No.5000021

>>4999967
Sure but its only 3k. I'm willing to risk to for a 10-100x return. Not as much for a 5x return.

>> No.5000042

>>4999928
Strong math skillz...

>> No.5000064

That's fucking stupid. Do you even know about cashing out? If you're in the US, forget about it. You'll get audited by the IRS and have FINCEN up your asshole so fast your head will spin. Use a darknet wallet and tumble it, but be prepared to lose a lot of your profit. Remember that all clearnet wallets including coinbase report to the IRS and FINCEN, and so does your bank
Anyone who says otherwise is a fucking idiot playing with a house of cards. You get one little financial conviction and you can never work in the financial industry ever again

>> No.5000072

XBY is risky. It does not have enough shilling on /biz/ and reddit yet to ensure mooning. ETH and XMR are safer bets for a 2x soon because of normie FOMO.

>> No.5000089

>>4999957
I don't know if this is a meme or not but should I throw the last 1k into LINK?

>> No.5000097

>>4999957

Lmao yeah Op put it all in link

>> No.5000113
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5000113

>>5000089
here you're going to need this too if you're getting Link

>> No.5000127

>>4999928
Quads guy, put it in $LINK and $REQ
Delete blockfolio, come back in late 2018

>> No.5000687

>>4999928
use mtgox to buy anon

>> No.5000715

>>4999928
>XBY hits $1

Will never fucking happen

>> No.5000743

>>4999928
monero

>> No.5000744
File: 53 KB, 564x428, 1505095605027.jpg [View same] [iqdb] [saucenao] [google]
5000744

ALL IN ON REQ

>> No.5000779

I know this will get mad dubs. All i have to say is, all in for ADA

>> No.5000959

>>4999928
you're not a complete shithead, OP.
The only problem is you'll be buying at an ATH. There will be a retracement soon so there is no point in buying right now. Keep your eye on it and wait until you find a confortable entry point. Learn about fibonacci retracements while you're at it so you know when to find your entry point.

Good luck

>> No.5001323

Just join a group and get signals or find a pump and dump and 2x in 1 day.
https://discord.gg/kgEUPuB

>> No.5001381
File: 103 KB, 1040x1217, moonmission.jpg [View same] [iqdb] [saucenao] [google]
5001381

BITBAY

>> No.5001398

>>5000089
FUCK NO ITS A HUGE MEME AND SCAMCOIN

>> No.5001475

>>5001323
Why is this Discord spammed in every single thread? Something is fishy.

After 30 more minutes of research I've decided to go all in, all $4000 in XBY.

If only motherfucking Coinbase would work REEEEEEEEEE It's been verifying my ID for an hour now. I want to get in already.


>>5000959
I don't know what any of those words mean

>> No.5001511

>>5000089
nah do ark atleast they have better memes albeit forced

>> No.5001539

>>5001475
>I don't know what any of those words mean

It means buy high sell low.

>> No.5001575
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5001575

>>5000064
>going all in cryptos
>work
>work in banking

i can only laugh so hard my dude

>> No.5001592

>>5000064
>working in a financial industry
this was your first mistake

>> No.5001621

>>5001381

This, unironically. They've just started some communities in korea and china. Big league mooner in the future.

>> No.5001622
File: 154 KB, 1079x606, 20171212_205448.jpg [View same] [iqdb] [saucenao] [google]
5001622

>>4999928
>XBY

Good choice OP

>> No.5001692

>>5001622
How long do you plan to hodl?

>> No.5001711

>>5001381
Is this a coin or a marketplace?

>> No.5001808

>>>5001622
He will dump on op

>> No.5001904

>>5001692
>>5001808
Nah I will hodl on, almost gave up on this coin but there are some good developments in the pipelines(testnet etc)

>> No.5001941

>>5000089
Do not do that lol. Put if in LTC. Wait a month. Take your initial money out and then play with your profits. Don't go into a shitcoin straight away.

>> No.5001975

>>4999957
>Link is now "bought 100k" tier meme
The state of linkies

>> No.5002058

>>5001904
Also bought 4000 of them yesterday, already $80 up. Okay that's nothing compared to your stack.

>> No.5002083

Newfag here, where do you buy these alt coins?

>> No.5002155

>>4999928
Just go all in on LTC and NEO and call it a day

>> No.5002266

>>5002083
A crypto currency exchange like bitrex.

>> No.5002282

FunFair

>> No.5002455

>>5002282
Total shitcoin and scam.

>> No.5002509

>>5002455
fuck off pajeet, go shit in the street somewhere else