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/biz/ - Business & Finance

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21709819 No.21709819 [Reply] [Original]

i know the basics of crypto and blockchain works but i want to dive further before joining the game.

what should i study?

>> No.21709841

get a job

>> No.21709949

>>21709841
nah fuck it

>> No.21710108

bump

>> No.21710162

high school

>> No.21710395
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21710395

Research your coin
Only spend what you’re willing to lose
Be patient


Best advice I can give

>> No.21710443

>>21710395
what good does researching your coins do

>> No.21710478

>>21710443
nothing. crypto is gambling

>> No.21710493

>>21709819
Buy a little of bitcoin or ethereum and send it to your own wallet

>> No.21711130

>>21710443
I mean would you rather invest into a coin with a better history of being bullish , or something ranked in the bottom 50 ?

>> No.21711352

>>21710443
Risk mitigation. If you buy something randomly, you don’t know if they have a reputation. You don’t know if they have a product. You don’t know what the purpose of the token is. That’s fundamental information that differentiates trading from gambling.

“All crypto is gambling” is a meme born from laziness, rationalized with a conservative view of the market. The only gambling is unquestionably following /biz/ shills and building a portfolio of Uniswap scamcoins.

>> No.21711374

common sense

>> No.21711862

>>21709819
>what should i study?
individual tokens and a bit of economics. start tracking prices on interesting tokens. get used to coingecko and cmc. become comfortable with price and candle charts. look up patterns to help you interpret these.

>> No.21711957

>>21710478
sure, at the end of the day it is gambling. But it helps researching the purpose of a coin to see if it COULD have some use in the real world instead of going for the most meme shitcoin and lose everything after a week

>> No.21712254

>>21711862
I see. what kind of economics are you talking about?

>> No.21712336
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21712336

>>21709819
You should study absolutely nothing. Trust RNGesus instead. Go to random.org, pick the integer numbers and if the first number is above 50, you buy. If it is below 50 you sell. Simple.

>> No.21712396

>>21709819
Buy a bitcoin, some ethereum and chainlink

Wait exactly one year

Congrats you’re rich

>> No.21712426

98% of people here don't give a shit about crypto outside of trying to make some shekels on pajeet scam coins

Better off going to reddit

>> No.21712482
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21712482

>>21712426
The crypto revolution will be a disaster for the human race, but I might as well get rich so I can buy a nice cabin in Alaska.

>> No.21712544

>>21709819
There are people here with 6 figure portfolios that don’t even really understand what a smart contract is

>> No.21712563

>>21712426
Reddit Always loses money

>> No.21712849

>>21712254
understand scarcity and supply/demand. look into volume, and graphing economic trends. investopedia’s your best friend for getting started. just go click around some articles and soak it in

>> No.21713133

>>21712426
>Better off going to reddit
literally never. /biz/ is full of scammers, coordinated fud, Discord shenanigans, etc, but our strength is in our openness to new tokens. Communities like Reddit famously burrow their heads in the sand, and are often run by mods who do the same. If it’s not part of the pre-2018 paradigm, it may as well not exist. Just look at their reaction to LINK over the years - nobody would deny now that buying LINK was the right move, except subreddits who fear anything touched by us. The result is that they’re late to projects like LEND, REN, RSR - obvious moonshots that /biz/ validated and started to invest in ages ago. Not to mention the smaller projects that make more discerning anons rich overnight.

/biz/ is risky, and it takes a while to learn how to see through the bullshit, but lurking here has been infinitely better for my portfolio than when I played it safer. You just need to know how to use the head on your shoulders.

>> No.21713753

>>21712482
Tedpilled