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/biz/ - Business & Finance


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20192644 No.20192644 [Reply] [Original]

Well /biz/, how do I start, how much money do I need, what do I read and what to buy, how to trade anonymously and what I need, etc.

>> No.20192688

Trade what? And why "anonymously"?

Load your car with shit you dont want, take it to the local flea market and say your name is Steve

>> No.20192704
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20192704

>>20192688
not funny m8

>> No.20192723

>>20192644
Trading anonymously is a meme if you're American. Just pay the IRS their fair share in 5 years when youre a millionaire
If you're not an American, however, use localbitcoins or localethereum or localmonero or some shit to on-ramp anonymously

>> No.20192731

>>20192688
kek

>> No.20192803
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20192803

>>20192723
ok good start
what do i need to read or watch to know what to put my money in? and how much should i put in>

>> No.20192876

>>20192803
>what do i need to read or watch to know what to put my money in?
everything you can get your hands on.
you'd be best to understand what smart contracts are and how they can increase profit margins for global industries. most things in crypto that aren't either Smart Contracts or DeFi are an absolute meme.
dont underestimate this step, really truly understand what benefits smart contracts bring and how much of a labor force can be eliminated through implementation of them, thereby increasing profit margins.

>how much should i put in
as much as you're comfortable risking, my man. everybodys number is different. I started with $5000 USD, it is currently worth over $100,000 and im not selling anytime soon.

i of course will tell you to look into Chainlink specifically, as in my opinion, and most of /biz/, it is the single best opportunity to make disturbing profit over the next 5 years.

>> No.20192999
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20192999

>>20192876
ok great, got any other specific things to do?

>> No.20193084

>>20192999
If youre new to trading, understand how exchanges work in general. It seems really easy, and it is, but it can be overwhelming at first due to really complicated user interfaces.
Final and greatest tip: do not underestimate this shit. Seriously. Blockchain technology has the potential to bring the fourth industrial revolution. There will be a LOT of losing cryptocurrencies, literally going to $0 value.
There will be very few winners. But those winners will have face-melting ROI. I'm talking turning $1000 into $1,000,000. This technology will be shaving billions off overhead costs in every single indusry.

Don't sell it for a measly $10,000 profit in 6 months. You will hate yourself for the rest of your life.

>> No.20193151
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20193151

>>20193084
thanks anon
is /biz/ in consensus on this, or could i hear some other opinions on crypto to start?

>> No.20193201

>>20193151
In general, yes /biz/ is consensus on everything i have stated. There are obviously plenty of stock market boomers on biz that have never touched crypto and never will, they dont want to take the time to understand. They still think anyone cares about Bitcoin, when nobody does anymore.
If you go to other places, especially twitter or leddit, you will encounter serious misinformation from /biz/ anons who are trying to keep people out. Just be wary of everything you read and make sure to do your own research and form your own opinions first.

Read whitepapers of any project you consider buying into. They are a shining source of truth in a sea of misinformation.

>> No.20193280
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20193280

>>20193201
>implying i take fagwitter or pl*bbit seriously anytime
ty anon, will read on more info