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/biz/ - Business & Finance

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19997827 No.19997827 [Reply] [Original]

how does a poorfag like me even get started in something like crypto and make gains?

>> No.19997841

wagecuck first

>> No.19997915

>>19997841
i am but it's pretty much poverty wage
i do have about $3k USD in savings right now but that's not really much in the real world

>> No.19997973

>>19997915
literally me. Idk I just put meager amounts. 100-200 every two weeks.

>> No.19998000

>>19997827
DCA from wagie job. The alternative is gambling on uniswap pajeet and depletes like the NEET section of the board does

>> No.19998026

>>19999999
>>20000000

>> No.19998050

>>19997915
Started with less and have 6 figures if cashed out right now. It's paltry to some here but just letting your cash sit in the bank past an easily accessible emergency fund isn't really doing you any good.

>> No.19998065

>>19997827
You read this ARPA thread
>>19997904

>> No.19998066

>>19998026
What the fuck is their problem?

>> No.19998093

>>19998050
Did you just invest in crypto or other markets? Also, what'd you buy?

>> No.19998125

>>19998066
Nothing, they don't exist yet. I posted them ITT in order to read them when they get posted.

>> No.19998178

>>19998093
Started with cheap AMD buys in 2015, moved most to eth in 2016, moved most to link from there. Still haven't cashed out more than a couple hundred dollarinos.

>> No.19998190

>>19997827
Buy Chainlink, put it in a hardware wallet, secure your seed phrases and then don't come back to /biz/ or read about crypto for the next 3 years.

All in LINK or if you must diversify, spread across BTC/ETH/LINK.

This is the best advice you'll get here. The crypto space is consolidating. Everyone else here are third world hustlers trying to milk other poor or uninformed newfags out of their money into their illiquid pump and dump scams. Hang around here and you will get bamboozled by some larper or a shitcoin discord brigade preying on your fear of missing out.

>> No.19998453

>>19998190
i feel like this is probably the most sound advice i've read so far

>> No.19998508

>>19997915
Cruise this board all the time. I've turned $700 into 18k in the last in month alone

>> No.19998526

>>19998453
Because it is. I’d suggest avoiding diversification with such a small amount of capital and just all in LINK. Improve your life over the next few years while you wait. But as other anon said, BTC and ETH are the other two facets of the holy trinity so if you must diversify go into those. For every Uniswap 10x story, there are dozens of BTFO top buyers. Invest, don’t gamble.

>> No.19998589

look into HEX or VRA, both promising projects with real world uses and very affordable for us wagies. I have a small bag in both that I plan to keep adding onto

>> No.19998602

>>19998508
how

>> No.19998608
File: 961 KB, 803x677, link hand.png [View same] [iqdb] [saucenao] [google]
19998608

>>19997827
Just follow me anon.

>> No.19998629

>>19998526
thank you anon, i'm gonna look into hardware wallets and pick one, then get some LINK

>> No.19998666

>>19997827
Get lucky with LINK in 2017. Only wish ive bought more. Traded up to a 10k stack now.

>> No.19998692
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19998692

>>19998629
You'll make it lad

>> No.19998696

>>19997827
If you start with $10, you only need to make 10% gains once every 3 days for 1 year before you reach $1 million. That's the power of compounding interest.

>> No.19998704
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19998704

>>19998629
Heyyy, he's gonna make it!
https://www.youtube.com/watch?v=1P5HFw39YVo
Also here's a pic of a guy (Schwab, Klaus) who runs the world economic forum (who also used to be in the Bilderberg steerage committee, along with Rothschilds and Rockefellers) with a billionaire angel investor of chainlink.
https://finance.yahoo.com/news/chainlink-awarded-technology-pioneer-world-073000941.html
https://web.archive.org/web/20140202095633/http://www.bilderbergmeetings.org/former-steering-committee-members.html

>> No.19998971

>>19998692
>>19998704
i don't even need to make it, even just big gains would make me happy

>> No.19998983

how do i get chainlink if binance is banned for NY?

>> No.19998987

>>19997827
Accumulate STA on uniswap now on the dip and make gains

>> No.19999004

>>19998987
didn't STA just pull a scam

>> No.19999111

>>19997827

You will want to wagecuck until you get 10-25k initial investment.

Only with this amount will you be able to make it on a bull run.

If possible get 1 btc before starting to trade shitcoins and don't touch it because you will be able to exchange that for a house one day.

Pick your shitcoins carefully and put at least $1000 into each one that you buy. Any less and even a moon won't leave you satisfied. I recommend stuff like Nyzo, DNA, Haven, that has genuinely good tech and hasn't mooned yet.

>> No.19999127

>>19999111

Trips confirm btw

>> No.19999132

>>19999111
holy shit checked

>> No.19999134

>>19998983
it's on coinbase now.
>>19999004
Half this board is just people trying to scam you, notice none of them will post verifiable shit like I just did, and I'm just scratching the surface with the links I provided. If you lurk link threads for a while and you aren't a moron it's potential will become apparent to you and you'll be able to sniff out the flavor of the week scams that permeate /biz/.
>>/biz/thread/18827207

>> No.19999149

>>19997827
You are like me fren, initially I invested in silver coins until the initial market drop and premiums went insane. That led me to crypto, people will call me schizo but I have been getting xrp and soon to be looking at other projects. IMO time is actually running out and I didn't really start investing until the other year. The thing is for me atleast, I started with a nest egg I can always fall back on, sure I am still waging but I have that nest egg. Once I had a comfy level of that investment, something I was sure in and was not going away I started looking elsewhere. You can gamble on robinhood or at a casino any time, the thing to remember is if you don't have much then find something that can cushion any blow you might receive in the real world, after that start branching out and finding new opportunities.

>> No.19999314

>>19999134
Bruh, everything is about to "moon" when the markets finally fall through the floor.

>> No.19999388

>>19999149
luckily i'm young and my parents let my stay at home with a low cost of living so i have a lot of expendable income, i'm not too sure for how much longer they will want to have me though, even if i tend to keep things clean and mostly to myself

>> No.19999455

>>19998190

Add to this: Just yo be safe, write your 24 word phrase in a .txt and wrap it in a VeraCrypt container.

>> No.19999469

>>19999388
If you work then show them you are trying to improve your lot in life. If you have a 10 dollar an hour job, go find something that pays 15(factory or warehouse work easily hits that). Also show them you are serious about securing your future by not being silly with money, start looking at investing or building a nest egg like ive said. If that isn't enough then work on your relationship with your parents so they don't see you as a burden, hell many young people are living with their parents until their 30s anymore.

>> No.19999535
File: 781 KB, 2560x1440, link yacht.jpg [View same] [iqdb] [saucenao] [google]
19999535

>>19999388
Look at link's chart and then look at silver and xrp's chart and you'll start to understand what a fucking cuck retard >>19999149 is.

>> No.19999560

>>19997915
That could be alot in crypto

>> No.19999568

>>19999469
>hell many young people are living with their parents until their 30
Fuck me if that isn't true

>> No.19999630

>>19999535
Go play with your link, codius makes it obsolete.

>> No.19999649

>>19999535
Oh, for silvers chart, the rumor is JPMorgan is now long on silver so get rekt on that as well.

>> No.19999651

>>19999111
So you are saying soon the real estate market will collapse and you can get houses for 1 worthless BTC around 1000 USD each ?

>> No.19999678
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19999678

>>19999630
I don't fucking play with link, this isn't a fucking game. I buy link, I lock it up, and that way stupid pricks like you can't ever get your grubby fat fingers anywhere near them.

>> No.19999685

>>19999678
Why so angry? Afraid that link is truly obsolete before its even had a chance?

>> No.19999688
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19999688

>>19999649

>> No.19999690

I waged retail for 18 months and put in $100 a week, got laid off but I have a nice little stack now. Dollar Cost Averaging is literally brainlet proof OP.

>> No.19999720
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19999720

>>19999685
I'm not angry. However if I owned silver and xrp instead of link I would be fucking FURIOUS at myself right now.

>> No.19999721

>>19999688
The pink wojaks from you will be epic fren. Stay frothy.

>> No.19999741

>>19997827
heres some things not to do
>buy uniswap shitcoins.
they are pump and dump scams, be fast or don't risk it.
>trading when you're new
got liquidated, lost many times. A LOT to learn first

lost at least 3 grand from these two methods alone. maybe buy and hold a safe stable growth coin to get familiar with crypto. read and learn as much as possible first

>> No.19999746

>>19999720
I am actually pretty comfy, daily charts don't bother me. I was buying ASEs with premium at $25 per oz and generics at $21 per oz. I don't regret those decisions. As you said, this isn't a game.

>> No.19999819

>>19999741
or start with 100-500 dollars you will basically throw away. consider your first investments in crypto your tuition costs. take your 500 and make $10-20 trades on exchanges. buy some shitcoins, see what happens.

when you're new you will make mistakes and learn stuff the hard way. get it out first with practice money. it will be great experience.

>> No.19999828
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19999828

Buy link and rsr

>> No.19999943

>>19999828
Buy gold fgt

>> No.20000311
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20000311

I will share with you my strat ok OP?
1) Research all of the coins that focuses on tech (not media, not social network, not gaming, not gambling, not casino, not defi [another word for usury], all of these are just degenerate buzzwords) which involved with the Binance staking program.
2) Work your damn job
3) Use your salary to Buy USDT via Visa for low fee
4) Go to the coins you have researched and set your buy orders to monthly/weekly low range
5) Stake, and get paid monthly (just for holding shitcoins)
6a) While the price of your coins are increasing, so does your bag! Equals to more profit
6b) If the price of your coins dumping, literally do not sell.. why? You bought at weekly/monthly low already so that dump is more likely a stop-hunt or a shakeoff.. if it is a real dump, just wait it will visit your price back and you can still profit from the staking alone
7) Then set sell orders at weekly/monthly highs to realized your profit

All the best, man

>> No.20001189
File: 306 KB, 1200x1600, imperial.jpg [View same] [iqdb] [saucenao] [google]
20001189

>>19998066
>>19998125
You saw the get, buy Imperial

https://uniswap.info/pair/0x6D6426Ce75bF082ea8Fe990F7d9c371077617E96

>>19998190
>>19998666
>>19998629

Idiotic