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/biz/ - Business & Finance

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25125058 No.25125058 [Reply] [Original]

I want to start investing in cryptocurrency but don't know what the hell to do. Where should i start boys which crypto will give me the best return and is bitcoin safe or gonna pop again?

>> No.25125104

buy mahaDAO sir
very good cryptocurry sir

>> No.25125136
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25125136

>>25125058
1. do the opposite of /biz/

>> No.25125160

>>25125058

Ok here are the only TWO currency you can buy safely : bitcoins, and ethereum.
Everything else could dump. You can invest right now if that's your goal, with coins like GRT, PRQ.. People expect prices of such coins to go up in 2021.

Protip: avoid swing trading and day trading with all your capital. Honestly if you're not sure what you're doing I would just put all in BTC and forget it for a year or two

>> No.25125161

>>25125058
Buy hive its better than btc and link

>> No.25125221

>>25125058
It will drop again. It's extremely over extended. Have money ready on an exchange to purchase when it falls ~30%

>> No.25125243

>>25125058
Sign up on Binance, use Referral ID VFZQTCLB for 15% less fees, set up automatic orders that accumulate BTC/ETH/LINK every week or month, don't look at your Portfolio for 5 years. There, that's the easiest method to make it, no worries, no 24/7 monitoring or daytrading, just averaging your buy-in price and waiting.

PS: Nobody has a magic crystal ball, but these are the safest in terms of potential risk and return.

>> No.25125251

>>25125160
But all those DIPS
OOOOHHHHHHH GOD IM GONNA SWIIIIIIIIING

>> No.25125330

>>25125251
But to be fair, this >>25125160
I bought 7000 of one shitcoin and autococked myself to 4000. Never touching it again.

>> No.25125374

>>25125058
Buy Bitcoin.
Never Sell.
It's that easy.
If you want to take on some risk, Ethereum.

>> No.25125400

>>25125058
this but forget about btc

>> No.25125451

>>25125160
>Buying ETH now
Don't

>> No.25125504

the value of any given crypto is 100% based on hype, this makes things very volatile and anything could as easily crash as it could soar. the only "safe" things are more or less btc and eth, and then maybe MAYYYBE link. just dollar cost average (dca) into those until you have familiarized yourself with this stuff, lurk /biz/ and don't buy the shit you see shilled until you have recognized the shitcoin of the month cycle that is always going on here.
most normie friendly exchange is coinbase, use coinbase pro for slightly cheaper fees. or coinmetro
never invest more than you could afford to lose, never take loans to gamble on crypto, keep track of every trade for taxes, yadda yadda merry christmas

>> No.25125616

thanks for all the helpful replies lads Merry Christmas and good luck in your trades

>> No.25125663

>>25125374
>>25125451

Yeah i guess i should've added that eth is in a weird position right now, i shouldn't tell you it's safe in its current state. It's a gamble.

>> No.25125709

>>25125663
ETH has always been a speculative play, BTC is the safest one.

>> No.25126079

>>25125058
coffee, like most things, is fine in moderation

>> No.25126430

>>25125504
>never take loans to gamble on crypto
never take loans to gamble on crypto that you can't afford to pay*
FTFY

>> No.25126495

>>25125451
>>25125663
what is the argument against buying ETH now? my other confusion has always been with the supply - it's uncapped? Doesn't that seriously affect the price? I am looking to buy BTC or ETH and park it into BlockFi or Celsius for some decent % interest

t. stinky Link holder

>> No.25126694

Whatever you do, that majority of your portfolio should be BTC. Dabble in shitcoins if you want, but always make sure the majority of your portfolio is in BTC.
Good luck

>> No.25126814
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25126814

>>25125058
Buy some BTC and some ETH, hodl some, trade some for other coins when you think it’s a good idea, lurk here for 3 months and never speak to us again until you have done these steps

>> No.25127102

do you all think there will be a BTC correction - or should I just buy now? "Time is market is better than timing the market blah blah"

>> No.25127220
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25127220

>>25126495
Its supply is uncapped and PoS will kill it. It's a terrible investment, same as link. But newbies are all apparently unaware of basic economics and the purpose of cryptocurrency.

>> No.25127253

>>25127220
thanks - I will throw some $ at BTC

>> No.25127279

>>25126495
it can't scale

>> No.25127328

>>25125058
DCA. Only thing you need to know until you learn all the basics of trading. Don't go all in on crypto like a retard. Don't try to scalp or daytrade, you will lose all your money.

>> No.25127874

>>25125058
Only buy bitcoin. That's pretty easy. Keep buying every two weeks for 5 years.

>> No.25128119
File: 961 KB, 803x677, chainlink hands.png [View same] [iqdb] [saucenao] [google]
25128119

>>25125058
Chainlink is very buyable right now, and will eventually reach over 9000...

>> No.25128515

>>25125058
I seriously doubt it's going to increase much more than this. Only invest what you are willing to lose.

>> No.25129138

>>25125058
This is a gambling forum.

>> No.25130266

Actually mostly solid advise in this thread. Buy only btc, but wait till it drops a bit first.

>> No.25130428

Anon start by doing some research and then do some too on INJ, injective protocol and buy a few, hold till mid 2021 and cash out big time

>> No.25130611

>>25125058
Looking at the charts of the 2017 bitcoin bullrun, now would be a good time to buy ETH with the likelihood of it going parabolic in mid Jan as it did in Jan 2018 once BTC capitulated. With the SEC shit going on and the recent proposed regulations on stablecoins you take a risk with any of the smaller coins but you could also look at it as buying them at a discount. They have a chance to go the same route as ETH in Jan or they could hit rock bottom thanks to the SEC/Whitehouse developments.

>> No.25130655
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25130655

>>25126814
>trade some for other coins when you think it’s a good idea

Thought I was being smart when I moved half my btc to link this post weekend thinking btc would pop at same date as 2017.

Feelsbadman.jpg

>> No.25130697

>>25127102
Maybe don't buy near ATH.

>> No.25130736
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25130736

Buy Bitcoin consistently and ignore whatever is said in this board entirely.

>> No.25131329

>>25127279
What does that mean exactly

>> No.25131379

DYOR and buy LTO network

UN partnership for land registry around the globe. Biggest partner in crypto space.
-Just bought VIDT for digital ID projects.
- B2B data anchoring.
Deflationary with staking/leasing for holders.
Best mcap/transactions ratio, top 10 blockchain highly undervalued, get it before it moons in 2021 with the big projects starting.

>> No.25132433

>>25131329
No one knows

>> No.25132526

>>25125243
Stop shilling LINK. It's dead as horseshit. BTC and ETH, fair enough.