Newfag General

[Anonymous No.26153278]

Hello, frens. /biz/ has become rather busy as more and more of you new folks have come into our board.

I'm here to provide you with some guidance that should help you separate the shills from the honest, and the paneers from the jews. It will also protect you from being scammed into buying bad coins.

Firstly, every week a new coin is shilled heavily on /biz/. this is done to pump and dump your money and then sell off, leaving you with bags. These are often coordinated by pajeets or sinister members of /biz/ through discord or telegram.

We've always had multitude of absolutely dog shit coins that are going nowhere being shilled on this board 24/7. Lately, they are: LINK, PRQ, RBC, BAO, RSR, LTO, STA, XLM, XMR, ETH, ADA, MKR, DOT - there are also others to be aware of. The following is extremely important to understand: THESE ARE SCAM COINS. DO NOT BUY THEM. They will CRASH and BURN.

Avoid these absolute dog shit coins. You will get pumped dumped and bamboozled. This is a real shark tank, and I don't want to see you pink wojaking about how you've lost your life savings.

Next, whenever you begin to see your particular choice of coin (we'll get onto good choices soon), immediately SELL. This is to limit losses!

REMINDER: You only pay tax on transactions of Fiat -> Crypto. On all Crypto -> Crypto transactions, taxation does not apply.

Furthermore, if you are told that a coin must be purchased through 'UNISWAP' - do not engage. Uniswap is a scam. This is where the pump and dumpers get one over on you. DO NOT FALL FOR IT. Wait until a coin is listed on COINBASE before you consider buying in. This is a fool proof way to prevent scams.

In terms of how to begin investing in crypto, it is highly recommended that you purchase the following coins only: BAT, LTC, and XRP. You should purchase these coins using the DOLLAR COST AVERAGING method. If you are in a position to ALL IN, I would advise that you do so with BAT. BAT is the future.

[Anonymous No.26153344]

The only advice you should give newfags on any board is to lurk 2 years before posting.