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/biz/ - Business & Finance

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24026878 No.24026878 [Reply] [Original]

Does anyone ACTUALLY make money with swinging shitcoins, or is it all LARP (or at least 90%) and you should just buy solid coins and HODL for 2 years?
How much money did you make, what strategy did you go with, and what capital did you start with?

I'll start to contribute.
>started 40 days ago with 2200
>now at 3400, lost 2,000 in a rug, otherwise would've been at 5,400
>started by swinging shitcoins, didn't DYOR, only bought what /biz/ shilled during the defi craze
>lost about 500
>re-entered market with 1700, started searching for coins on my own, now at my current portfolio
>eRSDL, LINK, PNK, PRQ, KOIN

>> No.24027030
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24027030

>>24026878
i started in 2017 when i was 15, made 3k but lost it all when the bullrun ended
took a long break, but came back this year in august because some anon over at /fit/ shilled me link
it took me a whole week of non-stop research to take in all the things that happened while i was gone
i quickly found the objectively best coins in this entire ecosystem because im not a brainlet like 90% of biz
they are prq/xcm maybe also kda/qnt
i quickly made back the money i lost in 2018/9 and am now looking at a solid $100k in about 2-3years

simple as

>> No.24027054

>>24027030
interesting shilling tactic, you're getting better at this

>> No.24027096
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24027096

>>24027054
thanks, best part is, its the truth so i dont have to larp, like (you)
>>24026878
also
>>eRSDL, PNK, KOIN
shitcoins

>> No.24027172

>>24027030
>A 15 year old who made nothing in the 2017 bullrun and is only on biz because he fomoed into link

Uhh yeah, I'll have what he's having.

>> No.24027295

>>24027172
thought it was obvious but,
notice how I didn't say I bought link. I also didnt buy qnt/kda (yet)

>> No.24027360

>>24026878
Thanks for that pepe, OP.
Saved

>> No.24027381

>>24027030
>I'm not a brainlet
>XCM, which has a high chance of not succeeding
interesting

>> No.24027466

>>24026878
Started June 2017 with $10k, turned it to 1/4 mil., lost $220k in 2018, back up to $110k. Cashed out: $50k. Most amount of BTC owned at one time: 1.

>> No.24027471

>>24027381
well if you want to talk about it we can but i dont think you're going too
fact is, its already succeeding, it's my main fiat on ramp and place to buy crypto, if everyone knew it existed everyone would use it
or do you think people want to get jewed over by coinbase fees
If you're saying they are going to run out of money then i guess that's fair but I don't think the ceo see's that as a problem

>> No.24027545

>>24026878
I made 2k yesterday swinging RSR, might be a scummy shit to do, but whenever they have a 20% pump I just cash in just in case.

>> No.24027796

>>24027471
I'm just waiting for foreheadman to add staking, probably just another couple years

>> No.24028096

>>24027796
why is staking so important for you guys? its just 7% or less..
how much money do you guys have for that to be interesting, plus its probably a tax nightmare

>> No.24028386

>>24028096
>tax nightmare
In US maybe. Staking rewards early supporters, and even 7% APY is huge when we account for the best case scenario of XCM surpassing $1.

>> No.24028442

>>24028386
I remember reading a thread where a bunch of germanfags were crying about having to wait 10 years because of staking, gave me a bad feeling considering im also based in the EU
>best case scenario
>$1
disagree, best case is 10, worst case is 1