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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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27020481 No.27020481 [Reply] [Original]

Making this thread is probably a fucking mistake but here goes nothing.

It would appear a lot of you FILTHY FUCKING REDDITORS are here to stay. It would also appear that lots of you are getting into crypto all at once and that most of you know fuckall about what you’re doing.

This thread is for old steelhands to help out these huddled newfag masses. This is what we were waiting for, shitloads more autists to pile on. Now we can help them figure out how to pump our ancient, dusty bags.

>> No.27020869

Bumping because this board is moving fast as fuck right now

>> No.27021198

lesson 1 : don't hold doge.

>> No.27021228
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27021228

Only one rule to remember. Pic related.

>> No.27021375

>>27021198
Fuck off m8

>> No.27021446

There is not enough silver mined above ground for everyone to have 2000 usd worth
One stimulus worth is all it takes

>> No.27021685

>>27021375
not your m8, bud

>> No.27021719

>>27021228
Basically. I’m talking more on the technical side of helping these faggots out

>> No.27021967

>>27020481
Buy Link. Shut up and hold. End thread.

>> No.27022116

>>27020481
Buy PNK, its a legitimate project with a working product. The memes are fresh, and we like to larp as pajeet

>> No.27022318

>>27021719
>Buy high, sell low.
I came from the other direction (not reddit), still a newfag at /biz/.
What do you think of the shit storm that is GMe this last week?
What crypto would you suggest a poor newfag get into?

>> No.27022343

>>27022116
>larp

I see you haven’t drowned in the Ganges yet, Rajesh

>> No.27022445
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27022445

>>27020481

we are here to stay

the future is now old man

>> No.27022602

>>27022318
This GME run is magnificent and I got
I’m on it a bit, myself.

If you don’t know much about crypto, buy regular old Bitcoin and hold it while you educate yourself more.

But if you want a literal list?
>BTC
>ETH
>LINK
>XMR

>> No.27022817

Read the fucking white papers. Look at usecase and utility.

Don’t buy a coin after it’s already risen significantly.

Don’t diversify beyond 3-4 coins if your portfolio is under 10k usd.

>> No.27022902

https://www.lookintobitcoin.com/charts/rhodl-ratio/
https://www.lookintobitcoin.com/charts/stock-to-flow-model/
https://www.blockchaincenter.net/bitcoin-rainbow-chart/

buy btc/eth/link and never sell

>> No.27022950

>>27022817
>>27022817
>>27022817
>>27022817
>>27022817
>>27022817
LISTEN TO THE MAN

>> No.27023111

>>27022902
These indicators work, folks!!

USE THEM

>> No.27023124

Why the fuck are you trip fagging?

>> No.27023232

Alright so I set up a Coinbase and can do anything now.

Robinhood is verifying my shit -- unknown ETA

Set up Kraken - it's down now

Set up Binance -- need verification to deposit USD

What's my next step brooos?

>> No.27023320

>>27022817

>use case

Does anybody really believe this bullshit?

>> No.27023566

what are the xstacks people talk about
make it stack
suicide stack
etc

>> No.27023614
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27023614

>>27023320
Yes.

>> No.27023649

leaf cryptofags, is this newton app any good?

>> No.27023780

>>27023320
If you’re not in crypto for use case, you’re a retard and will lose money.

>> No.27023887

>>27022902
This is correct. This is honestly the only advice on this board that matters.

It’s ok if you get a hunch or an itch and want to throw some money into a long shot or a passion project. But btc ethereum and link are the portfolio that will never let you down.

>> No.27023987

>>27023566
“Suicide stack” is the minimum amount of a given crypto required to not kill yourself when the moon mission happens

“Make it” stack is the minimum amount of a given crypto to make it (achieve your dream financial status)

>> No.27024002

>>27022817
Just tell the next 10x coin I won't do research
>>27023566
Suicide: enough so you don't an hero bc you missed the train
Make it: should be obvious

>> No.27024094

>>27020481
any old thirdie willing to tell me how to buy crypto? brazilian here and i dont have enough to go through the hassle of converting my shekels to dollars

>> No.27024207

>>27023566
The stack size you need to make it when that coin hits it target price, the stack size you need to not kill yourself from a feeling of missing out when the coin hits its target price, usually 100k / 10k for most lowcap coins (i.e., you can Make It with 10k invested early enough in the right coin, most lowcaps will be .10 a piece for some amount of time)

>> No.27024238

>>27023649
Newton is very decent. E-transfers in and out without verification, pretty fast.

>> No.27024283

I have a question regarding taxes:

Let's say I bought X crypto at 500€ in 2018.
X starts dumping. Im at a loss, but I don't sell X, so I don't declare losses in 2018.

In 2020 I decide to sell X at 300€.


By my understanding:

this year I've gained 300€
this year I've lost 0€

Do I pay taxes on capital gains?

>> No.27024369

>>27022602
Thoughts on RBC??
Thoughts on DeFi?

I want to put a few thousand into each top 10 DeFi because I predict those coins are going to go up after the amount of trust people have lost in he financial system and also because Elon won't stop shilling crypto and it's bringing in normie $$$.

Thoughts?

>> No.27024403

>>27023987
LINK
suicide 1K ($1M if $1K each)
Make it 10K ($10M if $1K each)

Here's the thing now.
FIAT is dead.
1K LINK is 1K LINK

>> No.27024454
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27024454

>>27022602
can you r8 my noob portfolio pls? starting out i got:
>$500 ETH
>2.5 shares GME @$270
>18 shares AMC @$16
>$300 LINK but traded them for GRT because i saw that it dipped a bit
>12k doggocoin
how am i doing? give it to me straight.

>> No.27024496

>>27020481
XRP redpills, pretty please

>> No.27024585

>>27021198
Best advice I've seen on this board in years

>> No.27024668

>>27024094
Coinbase accepts açaí berries

>> No.27024724

>>27024369
Instead of going few thousand into each, go all in one coin. The ones OP listed in the beginning are all good.

DeFi will bring the central banks down

>> No.27024746

>>27024454
Move all into dogecoin, (all crypto) this is the only one you’ll be able to make money and scram in the short run

>> No.27024873

>>27024454
sell doggo and buy LINK
sell ETH and buy LINK
sell AMC and buy LINK
HODL GMC

I am not joking

>> No.27024875

>>27024403
ty for the example and thanks to the others for the explanation

>> No.27024947

>>27024369
I used to think rubic was a rugpull but I picked up a baby stack just in case it pulls a LINK.

DeFi is the future, no ifs ands or buts.

>> No.27024966

>>27023232
anybody? ANYBODYYYY

>> No.27024986

>>27020481
Not a total newb, been trading crypto for a couple years but rarely, just recently really getting into it.
If i use binance, is USDT a good "bank" coin? BTC is too volatile imho and USDT can exchange with basically every crypto.
I also always have some BNB to pay fees and to hold long term.
But i read that USDT may not be really backed by the dollar and could totally crash any day?
So, what's your take on it?

>> No.27025016

>>27020481
NOK, FAZ, AMC, AG short term out of the money calls on all of em. This your one change to get filthy rich and it’s never happening again until LINK starts to flip the global economy

>> No.27025030

>>27024496
Xrp is shit and the holders are mindbroken because they could have bought link. In 2018 both link and xrp were 30 cents. Now xrp still is and link is 20 bucks. The xrp threads are a mixture of people having fun larping as xrp holders, and unironic holders who have completely lost their minds and are honestly kinda sad.

>> No.27025069

>>27021446
is that true? If you can prove that to me, then I will do it. Where to research on supply vs population. I've seen it posted the exact opposite about silver, and posts about the hunt brother and how they tried to corner the silver market and failed miserably. That there is a massive supply of silver.

>>27022817
I WILL READ THE WHITE PAPERS. where are they, what white papers are you speaking of.

>> No.27025118

>>27024496
XRP is a shit scam don’t buy it.

They paid off banks to say they were using their tech.

>> No.27025121

>>27020481
The best advice I can give you is if you want to be like the big banks you can go trade on margin at bitmex if you’re not a burger. 100x leverage is very fast and gives you so much power

>> No.27025176

>>27024966
What’s the question

>> No.27025210

>>27023987
>“Suicide stack” is the minimum amount of a given crypto required to not kill yourself when the moon mission happens
just the opposite actually...

>> No.27025356

>>27024966
order a physical ledger wallet from coomazon.
It'll cost you $50.
you'll want to buy one now before it's sold out by the normie wave next week

>> No.27025390

>>27024283
Depends on your cunt. UK has a capital gains allowance of £12300, for example.
That being said, you would still be reporting a loss I think, as long as you have the paper trail to support it.

>> No.27025411

What app do you guys use? Does it matter where you are in the world?

>> No.27025416

>>27024283
You could add an "RP" after that "X" and benefit from all the capital losses next month. Seems like a sure bet anon.

>> No.27025468

>>27024496
It's going to die in February once the SEC is through with it.

>> No.27025478

>>27023232
Gemini, poloniex.

Buy on coinbase with fiat and send to the other exchange account wallets you have so you can properly trade. I’d recommend buying and sending Litecoin from coinbase just because it’s fast and fees are relatively low.

>> No.27025559

>>27025069
you think GME is shorted?
Wait until you find out about Gold and Silver.
HAHAHAHHA

>Gold shall destroy the FED.

>> No.27025608

>>27020481
i don't give a fuck about your shitcoins.

>> No.27025655

>>27025559
I’m stacking so much fucking silver right now, I just spent half my paycheck on rounds.

>> No.27025672

>>27020481
How do I calculate the growth potential of a coin?
I know I should consider the current market cap and the circulating supply or whatever and then?

>> No.27025709
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27025709

stock up on rare LUMs

>> No.27025783

>>27020481
Fundamental question here. Consider something like TSLA or any other stock that doesn't pay dividends and doesn't get you a spot on the board of the company. What actual value does it have? Are people expecting it to start paying dividends in the future?

>> No.27025854

>>27025672
>calculate
>coin
No.
You use your God-given intuition and energy.
Dead serious.
As dead as Melvin.

>> No.27025866

>>27022116
Go drown yourself in the Ganges, Rajeep.

>> No.27025887

Most important thing to understand is that there are a ton of indians on this board spamming low quality memes for shitcoins that will lose you money. You have to learn how to filter low quality posts in your mind because reddit updoot system isn't here to think for you.

Stick to BTC and LINK if you want to make it. DOGE might work out. Remember that anyone fudding an investment wants it cheap and anyone shilling wants to dump their bags.

>> No.27025914

New to biz
What's your opinion on dividend stocks? Anything to watch out for?

>> No.27026056

>>27022817
Other than the main white paper by Satoshi, which ones should I check out?

>> No.27026118

>>27025478
thank ya

>> No.27026153

>>27021198
t. actual retard

>> No.27026215

>>27025672
Consider current market cap and use case. An example I could use is how people believe Bitcoin could go to $500k

Gold has roughly a market cap of $10t, if Bitcoin is adopted as digital gold (or a second gold) you might expect a similar market cap, which would put 1 Bitcoin at roughly $500,000.

Of course this is a very simple and easy to grasp example, but that’s the basic idea.

>> No.27026239
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27026239

ATTENTION REDDIT
NEVER FUCKING SELL

>> No.27026323

>>27021967
shill me on LINK.
almost every single person on this board cant even tell you why you should buy something, and most of those people are buying because some literally who told them to.

>> No.27026374

>>27026056
Ethereum definitely since all ethereum tokens are built in it.

>> No.27026377

>>27020481
Best advice I can give is buy chainlink. I've rode it all the way from. 30c to $25 dollars and like the meme says "we are never selling"...so if you want to ride a train thats going to $1000 eoy this is the one...all the rest are proven pump and dump shitcoins...do some research you'll see im right

>> No.27026384

>>27025559
So you are postulating gold and silver are shorted, I thought the value was lowered by flooding supply into the market.

Also if this is the case the best option to do is just horde gold?

>> No.27026652

Lol, all you fucks giving yourself a name on an anonymous forum. Go back to where you can make another account for your precious karma.

>> No.27026660

>>27026377
Dubs of truth...Keks blessings shows this is truth

>> No.27026677

>>27026056
I asked what white papers as well and he doesn't respond.. Great..

>> No.27026711

>>27025783
You can earn interest with DeFi.
Trading the kind of swings seen in the crypto market are often enough on their own to finance these NEETs lifestyles, though.

Some cryptos paid out dividends (NEO [shitcoin]), but you can mine them, stake them, there’s PLENTY of ways to make money with crypto that don’t even involve trading it.

>> No.27026721

If you R*ddit cancer are really going to use this board, you needs to knows three things
>No-one gives a fuck who you are or how popular your are. Your ideas live and die on their own merit. Tripfags get the rope
>We're here for the money but mainly for the lols and the memes
>My Linky stays super stinky $1000 EOY checkem

>> No.27026770

>>27024585
can't wait for the peak pink wojak spam on monday, especially considering /biz/ is now top board

>> No.27026866

>>27025783
Oh you literally meant stocks, my bad, I misread.

fuck you this is a crypto thread, fuck off.

>> No.27026899

>>27023987
No suicide stack means you’ll want to kill yourself because you’ll make op money but when you see what you COULDVE gotten with more you commit sudoku

>> No.27026949

>>27020481
>ITT: 2017 top buying noobs think they're "Old Fags"

>> No.27026979

>>27022602
this is the only list ever worth listening too and XMR is last for a reason.

>> No.27026995

LURK MOAR

>> No.27027035

>>27026056
If you’re thinking of buying a coin, read the whitepaper first. Long term, fundamentals matter. You can make short term trades off speculation and hype and make money that way but you’ll probably lose money just as quickly and would have made just as much simply holding a project you genuinely believe in. Other than that, eth, link and aave whitepapers are interesting reads.

>> No.27027054

>>27026323
LINK performs a very simple function of moving real world data onto a blockchain, which makes line go up.

Read the white paper.

>> No.27027137

>>27020481
Go back to redit you fucking faggot

>> No.27027177

>>27020481
what software does /biz/ use for crypto trading?

>> No.27027197

>>27026721
And pregnant Sergey is hot
And fuck jannies
Link $1000 eoy

>> No.27027202

>>27020481
Do I buy silver for like 50$ or not?

>> No.27027236

>>27026949
i bought btc @2k when the bullrun started, but i won't pretend being an oldfag.

>> No.27027330

>>27021685
not your bud, pal

>> No.27027345

should i buy doge?

>> No.27027347

>>27020481
You faggots can only stay if you recite the following mantra:
>fuck niggers
>fuck jannies
>fuck kikes
>fuck trannies
>fuck pajeets
>fuck pumpers
>fuck dumpers
and FUCK reddit

>> No.27027357

>>27026721
I do believe you're the only other person here I can trust.
STOP FUCKING NAMEFAGGING

>> No.27027473

>>27024283
Only Jews pay taxes you ignorant retard

>> No.27027497

>>27020481
the alt season is coming, what will happen?

>> No.27027553
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27027553

Wanted to bonk my cypto money into BTC so i could have steady growth on my wallet while i had other little ventures.
But is now a good time to put it in? BTC is wild right now but no reason to have it sitting in USDT

>> No.27027561

>>27027347
Exceedingly based

>> No.27027603

>>27027330
not your pal, buddy

>> No.27027611

>>27026949
Yeah, you’re absolutely right, I did buy the top in 2017 and now I’m acting like an oldfag, because all the actual OLD oldfags made it and fucked off forever, or never ever post because they know they just got lucky and don’t really have anything to even attempt to contribute.

Fuck me for trying to do what you schmucks never did, ACTUALLY PROMOTE NORMIES GETTING INTO CRYPTO. Now help out or go back to lurking, neckbeard.

>> No.27027763

Here's a weird one: What are some business opportunities that crypto offers other than trading or mining? I've been thinking about learning how to code and program for these blockchains, but I don't even if businesses are actively using things like smart contracts.

>> No.27028091

>>27026384
we cannot possibly have as much gold as what is assumed in the market.
FIAT is a scam and there are many who wish to keep the scam going.
Especially by keeping the precious metals prices artificially low

>> No.27028179

As an oldfag I saw early link and rubic feels eerily similar. Please, buy rbc and you won’t regret it. If you can’t follow this one simple order then honestly you don’t deserve to make it. Buy rbc

>> No.27028189

Here's actual advice for the newfags, don't trust any post written by someone with either a name or a tripcode

>> No.27028233

>>27027763
Really the possibilities are only limited by your technical knowledge, but I could definitely see crypto-based gaming, art (NFTs) and gambling to take off in the short term, though.

NFTs are actually kind of already a huge thing.

>> No.27028284
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27028284

guys can i buy bitcoin from coinbase or anycoin and directly send it to binance or do i need to send it to my wallet first then to binance?
Pls help a newfren out

>> No.27028336
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27028336

I was here in 2008 for that collapse, before /biz/.
I was even here for the 2004 election.
I am almost glad to be here now for this shit.

>> No.27028375

It's too late for me to get in on the GME train. Anything else worth buying stock in?

>> No.27028459

>>27027763
It's early right now, but smart contracts are deterministic contracts that get executed.
Some contracts will never move away from human intervention, but many contracts will.
That's why /biz/ is so long on LINK.

If DeFi becomes the norm, we will live in a different world, which we may be witnessing the transition into as of today, so don't worry too much about business opportunities to make more FIAT

>> No.27028463

If i'm going to start small, say 20-50 burgers, is it worth it diversifying or should I dump it all into a single coin?

>> No.27028472

>>27028189
I’m only trip/namefagging because I didn’t expect them to understand 4chans layout or post IDs.

I really set the bar low for these fucks just so as few people slip through the retard cracks as possible.

>> No.27028544

What app/wallet should i use? I hear crypto.com was good.

>> No.27028636 [DELETED] 

>>27026979
>XMR is last for a reason.
Why? It's private, faster than BTC, much lower transaction costs than BTC, and is used more than BTC (on the black market). Why would it be last?

>> No.27028726

Thoughts on monero? I like the principle behind it, basically BTC with an anonymous ledger from my understanding. Will it ever move to be a serious contender with BTC, ETH, LINK, etc.? I feel like it’s almost undervalued at the moment.

>> No.27028730

>>27028463
>>27022817

>> No.27028782

>>27028375
Don't listen to memes and speculation (except for crypto), you won't make money and if you do you got lucky. Look at fundamentals and buy undervalued stocks- that's one of the only ways to get consistently good results in the stock market. Technical analysis does have some merit, however. You'd just have to do a lot of research and work.

>> No.27028810

>>27022602
Great list, not sure about XMR, maybe as a long term hold.

>> No.27028844

Senpai oldfag what do you think about GRT?

>> No.27028883

>>27028284
Crypto transactions are always wallet to wallet, you’re just holding it in the wallet coinbase made for you, you can send it to whatever other wallet you want, be it on an exchange or your own privately held wallet.

Just be sure you don’t fuck up and like, send Bitcoin to a Bitcoin Cash address, or some similar rookie mistake, if you’re worried for whatever reason, send a tester amount just above the minimum send amount, you’ll pay more in fees for moving the whole stack but if it puts your mind at ease it’s worth it.

>> No.27028936

>>27028636
He's still accumulating.

>> No.27028957

>>27028730
I understand reading up before I buy in, but 100 burgers is a lot less than 10k burgers. Not sure if I should focus on 1 coin and go in at 100, or do 2 at 50 each so i'm not all in on one.

>> No.27029085 [DELETED] 

>>27028726
McAfee thinks BTC is going to zero and Monero will replace. His reasons? BTC is slower than Monero, has much higher transaction costs, is not private, and is being used less and less on the black market.

>> No.27029166

>>27020481
I've been on this site for >10 years but been to /biz/ very few times.
How do you make money with stocks and crypto if you're in Brazil

>> No.27029189

>>27028782
How do I look into these things? I've never done this before. I'm a tourist trying to see if I can make a quick buck to pay some debt off.

>> No.27029258
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27029258

>>27028636
>>27028726
>>27028810

Shhh, let them sleep on XMR while we accumulate.

>> No.27029322

>>27028883
Thanks a lot, i wasnt sure if my personal wallet differs from those that these exchanges use

>> No.27029354

what do you all recommend on getting in on the non-crypto market? Robinhood is verifying my shit and told me 4-5 days

>> No.27029465

>>27029085
Which leads me to my next question. BTC is undoubtably the king and probably will be for a long time to come, but for institutional use, it doesn’t seem practical. The fees are much higher and the transaction times are slower compared to newer coins on the market. Will we ever see a time where BTC isn’t #1, and what do you think would replace it?

>> No.27029476

>>27028544

>> No.27029524

>>27028844
I wish I bought sooner

>>27029166
I’m not sure about Brazil, but bumping to get you an answer from someone who does know

>> No.27029591
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27029591

10,000 hours faggots
have fun

>> No.27029670

>>27026239
DIDNT READ NEVER SELLING AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.27029694

OK OLDFAGGOTS WHAT'S THE NEXT 100X

>> No.27029767
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27029767

>>27029524
thanks fren

>> No.27029783

>>27024873
should I ever sell GME for moar LINK? is holding just one coin/stock advisable?

>> No.27029889

>>27024986
If you think btc is too volatile you need to do some more research before getting into crypto. Understand what you’re investing in and why people like us say it’s so valuable.

>> No.27030127

>>27029783
sell GME when it's $10K and buy more LINK

>> No.27030154

>>27029476
>>27029476
Exchanges I can personally attest to:
-coinbase
-kraken
-Poloniex
-Gemini

For wallets, every coin is different but I keep my Long term holds on a Ledger hard wallet. Look into whatever wallet you’re trying to use to make sure it’s not a scam and WRITE DOWN YOUR RECOVERY PHRASE AND KEEP IT SAFE.

>> No.27030181

>>27029524
I hate you with every fiber of my being.
You need to leave.

>> No.27030367

>>27020481
nobody cares how long you've been on a website or what other website you use this isnt your special little secret club kill yourself

>> No.27030498

>>27030127
>$10k
you're dreaming.

>> No.27030511

>>27030181
Hate me, but you know I’m performing a critical function and you know I’m not going to stop because it benefits us all.

See
>>27027611

>> No.27030604

>>27022602
>If you don’t know much about crypto, buy regular old Bitcoin and hold it while you educate yourself more.

This. As you do your research, figure out what you want. Buy for the long game, not the short. And when you find the coin you love, go in on it and ride that value wherever it goes.

And if you want my opinion on an undervalued coin, it's HIVE. Fast transactions with no fees, built on a social network oriented blockchain that is censorship proof. Tons of dApps, good people behind it. Hell, they even told Justin Sun to fuck off last year!

>> No.27030646

Newfag here, how do I cash out on Binance? I created a Trust wallet but when I paste the address in Binance it says the format is wrong.

>> No.27030746

>>27020481
any safe reliable investments
i was thinking of irobot or cineworld (bong)
kinda a poor fag
no meme stocks and im willing to wait mid-long term

>> No.27030850

>>27023232
eliminate reddit spacing you doubleniggerfaggot

>> No.27030944

>>27027553
Bitcoin is pumping because of Elon, it will probably correct again.

>> No.27031007

>>27022602
This is what I'm doing, but I also bought $100 worth of TRX this morning cause I got shilled. Should I convert that back into ETH?

>> No.27031147
File: 72 KB, 1024x1024, 590B899E-ECB5-4328-8215-9233FAB7AF13.jpg [View same] [iqdb] [saucenao] [google]
27031147

I’m from /fit/, is there a sticky or starter resource compilation I can read?

>> No.27031192

I only have one piece of advice for newfags

DON'T BUY ANYTHING

Be fucking patient. The market is at or close to its peak now. Wait a few months and DCA (dollar cost average) into so called "blue-chip" projects such as BTC, ETH and LINK if you want comfortable long-term holds, or keep lurking look into DeFi projects if you're in for bigger profits.

>> No.27031304
File: 1.10 MB, 1920x1080, RYO GANG.png [View same] [iqdb] [saucenao] [google]
27031304

hello i make a screenshot and had troubles to hide my bookmarks so 4chan hackers cant hack me but i was wondering about ryo privacy coin here

>> No.27031407

>>27030944
God I fucking hope so, I'm still accumulating

>> No.27031443

>>27031192
Buying silver is based it can never go to 0

>> No.27031471

Alright, best advice I've got, and it's really pretty simple:

1. Never put in more than you can afford to lose. If you sell at a loss, that's fucking dumb. You shouldn't have put that money in if you were afraid of losing it
2. Steel yourself against volatility and don't try to be a hero and swing trade. You're not good at this, most of us aren't. Best thing you can do is just fucking HODL. People got scared when BTC was 10k. People were FUDding when Link was $3. People sold ETH at $200. Just HODL.
3. Read the whitepapers and decide for yourself if it's a good investment.
4. For the love of God don't come to /biz/ when shit is dipping. You'll just get a stream of pink wojacks and you'll get scared. Only come here to relish in gainz and learn about potential new plays.

Take the diamond lessons that Reddit taught you and apply here. GL and welcome to crypto.

>> No.27031532

>>27030646
Are you using the right address? Like, you’re sending your Bitcoin from your Binance exchange wallet to your Trust Bitcoin wallet, right? Not trying to send the wrong coin to the wrong address or mixing up public/private keys?

>> No.27031545

>>27029354
now coinbase has disabled USD purchases for crypto, at least on my end

>> No.27031662

>>27026979
>>27028810
XMR is undervalued as fuck RN, but has great fundamentals. You can literally buy low now. Or go for the buy high sell low meme I guess and hodl till it corrects itself

>> No.27031743
File: 761 KB, 600x560, 1611892533710.png [View same] [iqdb] [saucenao] [google]
27031743

>>27021198

>> No.27031831

>>27026323
smart contract and stuff.
yeah just buy it

>> No.27031939

>>27023232
metamask

>> No.27031942

>>27031007
Yeah TRX was a 2018 flop coin >>27031147
I’m thinking I should put one together, right now I don’t have one but the general threads are always WAAAAY better assembled than this mess of a thread I’ve started.

>> No.27032025

>>27031471
based advice

>> No.27032202

Want to invest in Crypto. Is a Ledger a good purchase? How do you store your phrase? Do you use one of those metal plates that you can print the phrase into with metal letters and a hammer?

>> No.27032215

>>27031471
I'm guessing what most people do is try and find a memeable coin early (low volume of shills, real people posting about it, no pajeets) buy thousands of them early, hodl for 5 years, see if they made any money?

>> No.27032232

can anyone tell me why its dropping? americans woke up, its supposed to pump. i. sweating. what am i supposed to expect?

>> No.27032451

>>27032232
please reconsider investing if you're already panicking, read >>27031471

>> No.27032521

>>27032232
It was a rogue tweet from Musk, it's correcting itself

>> No.27032568
File: 705 KB, 1847x1591, Biz vs WSB.png [View same] [iqdb] [saucenao] [google]
27032568

>>27020481
Eat shit triptranny

>> No.27032979

>>27032215
nope, ya missed my point. That's ok. The people who made the most money from crypto invested in real use cases, like BTC, ETH, and LINK. Meme coins can get you some short-term gains sure, but can also fuck you completely because they're inherently worthless. Long term gainz only come from coins that have real potential

>> No.27033071

>>27028883
doesn't metamask, and most wallets, support both bitcoins and ethereum?

>> No.27033110

>>27020481
>DCA and accumulate ETH, BTC, LINK (maybe LTC but its better to just focus on the big /biz/ three)
>Do not chase shitcoin pnds, if the board is having 3-4 threads every couple of days on a coin no one has heard of before, then nothing ever again is posted about it, it is a scam
>Do not chase alts until your initial ROI in the big three listed is at an acceptable level
>Gains from alt pumps MUST always go back into BTC, ETH and LINK
>profit???

>> No.27033129

>>27032215
that approach has great potential but it isn't what most people do
most people follow trends, FUDs and FOMO and lose money and don't have anywhere near the nerves to do what you said

>> No.27033363

>>27031545
correction. looks like it's disabled for BTC only

>> No.27033470

i dont like the bear

he scares me

>> No.27033757

>>27032202
For Ledger S
it's a sequence of 24 words.
They send you 3 pieces of paper to write them down.

>> No.27033932

>>27033110
nice yeah, meant to add DCA to my list here >>27031471
5. If you don't know, DCA means dollar-cost averaging and it's essentially just making weekly (or whatever) recurring buys. This mitigates risk and lets you gradually profit off the big coins

>> No.27033955

>>27029354
shameless bump for guidance

>> No.27033977

>>27033757
Okay I'd probably prefer steel. Just wondering if a wallet was a good purchase. I've seen Ledger, Trezor etc.

>> No.27034098

Lads, Ethereum or Bitcoin?

>> No.27034126

whats a realistic EOY price for LINK?
from everything I have read it's not likely to actually 10x for quite a few years.

>> No.27034322

>>27031471
I always think its a good idea to take out your original cash investment when a coin you invested in doubles in value. That way you lose nothing and feel more comfortable holding for the long run.

>> No.27034370
File: 89 KB, 623x703, 1609992180970.jpg [View same] [iqdb] [saucenao] [google]
27034370

>>27032979
Maybe meme coin is a bad way of describing it, but any coin that has legs, whether it be memes, use value, or anything else. I don't see anyone making a 10x on BTC or ETH any time soon, I think that's the dragon I'm chasing.

>> No.27034373

>>27032202
Ledger is great, I have 2.

I just wrote mine on pieces of paper and put them in a fireproof safe

>> No.27034461

Best program to invest in crypto? In US if it matters.

>> No.27034501

>>27032979
Their are plenty alt coins that have real use cases like GRT and THETA.

>> No.27034543

>>27034373
Ah okay. I heard that Ledger was hacked at some point so it's a little spooky. I like the interface though and heard it's functionality is good.

>> No.27034590

>>27032568
Thank you, I needed to know /biz/let’s were still here. Fuck kikes and niggers. See >>27030511 and >>27027611

>> No.27034604

>>27034126
>link unlikely to 10x amid a bull market

>> No.27034712

>>27034501
Genuine noob, what are the use cases for meme coins that don't get widespread adoption, like the ones you described?

>> No.27034734

>>27027611
Kill yourself namefagging nigger. You are not important and never will be

>> No.27034776

>>27034461
See>>27030154

>> No.27034796

>>27034604
you think LINK will jump to $200 by EOY?
Theres nothing wrong with that and its not impossible, it just seems highly improbable.

>> No.27035004

>>27034126
1000 eoy

>> No.27035025

>>27034796
1 or 2 years max. Link was booming amid a bear market. What does that indicate?

>> No.27035459

>>27034734
Keep cheerleading for me while I keep doing the real work onboarding normalfaggots.

Call me slurs and mock my holdings, I need to know /biz/ is still here.

>> No.27035481

>>27034604
Link isnt being shilled by dicord annys anmore 1 of 2 possible reasons

>also they clearly all go out or atleast mostly

reason 1 its becoming stable and no longer worth investing in a stagnant risk stock
reason 2 everybody made it and they feel bad about making bag holders

>> No.27035720

Newfags, if you have a modern GPU and you're not using it to mine ETH right now you are literally losing 1k a year of free money

>> No.27035724

MATIC ETH DOGE ADA

>> No.27035826

>>27035720
and spending multiple times that on electricity

>> No.27035846

>>27034126
reminder that the shilling started at like less than a doller and continued up untill the 3 doller "crash tastrophy *where link dipped* under an all time 3 23 high or something now its $23 so the initial shills have made litterly millions and the 3$ bag holders are almost at a 10x

>> No.27035847
File: 404 KB, 680x680, notfinancialadvicepu.png [View same] [iqdb] [saucenao] [google]
27035847

>>27035459
You're doing the good work anon I'm not denying that. But why are you so adamant on being a namefag? Stop trying to flex that you own [unknown amount] moneros trying to look legitimate by doing so. Your ID and typing pattern alone should be enough for people to recognize you ITT. No need to be a faggot

>> No.27035888

>>27035720
please guide on how done

>> No.27035949

>>27021198
keyed

>> No.27035973

Someone tell me which online site I should use to start trading since Robinhood is fucked

>> No.27036009

>>27034322
Definitely, I should have added this as well. Great general advice, but with the caveat if you're less risk-averse or if your original investment wasn't that much, you could always wait to take out some when you triple value or more.

>> No.27036025

How do we feel about BB? Its going down like a rock, hold or puss out?

>> No.27036080

>>27020481
how do you stop checking charts all the time? literally all I have been doing for the last 12 hours is look at a chart
I don't even want to fap, normally I would nut at least 2-4 times in a day but I don't want anymore because I'm obsessed with the charts
Please help

>> No.27036097

>>27035481
>magically only link holders are remorseful when selling their bags
>magically only link can get pumped x100 while other coins somehow can't
Gee whiz if on.
>It's becoming stable amid making ATHs as we are speaking
ok lol. It always will have its crab sessions,

>> No.27036108

The whole market seems to be dipping right now, not quite crashing but on the downward direction. BESIDES crypto, and GME/AMC, what stocks should I look at while the whole markets in the red?

>> No.27036128

>>27035847
It’s
1- a subtle way to shill Monero
2- >>27028472

>> No.27036137

>>27034126
realistic EoY takeing into account its trajectory if it continues like this is about 50-70 but thats not takeing into anything other than its previous growth rates

>> No.27036285

>>27036080
Just shutdown pc and phone

>> No.27036343

>>27033071
?

>> No.27036348

>>27020481
Been here since Dec 2020. Newfag indeed but not a redditard. Shoutout to /smg/

>> No.27036352

>>27021198
100% correct. Just look at the chart. You get it when it's flat and sell when it spikes for a few days a year.
UNLIMITED Supply and a Reddit tip-bot coin

>> No.27036511

>>27021198
But remember:
Doge > cRipple

>> No.27036519

>>27036080
chart refreshing and candle movment will tire out after about 12 hours of constant fucking with it and reading about the stock it happens all the time dw

>> No.27036586

>>27036080
Crypto swings wildly, you WILL have periods where you’re 10-100x your initial investment and periods where you’re down 70% you just have to accept that the next bull run WILL come and go live your life comfortably. Literally just waking the fuck away and go play video games

>> No.27036598

>>27034501
Right yeah, I didn't say that other altcoins don't have value, was just using LINK as an example of one that does. I just assumed when they said meme coins they meant shit like DOGE

>> No.27036676

Can I get a qrd on link oldfags

>> No.27036679

If I gain money holding a stock, sell, put my money into another stock, lose money, then sell, come tax season would I have pay taxes on the "gains" I had since lost?

>> No.27036726

Buy LINK/BTC/ETH/AAVE and hold

that's it congrats you've made it

>> No.27036790

You know what the horrible thing about all this is. You just know that pressure will be brought to bear by the government to make Reddit take down those boards and they will all come over here with their fucking NPC faggotry,.

>> No.27036816
File: 88 KB, 549x800, fb49dfa5c9adb914727e4633c0963f0a--landsknecht-th-century.jpg [View same] [iqdb] [saucenao] [google]
27036816

>>27020481
Hi gang, /pol/fag here but I'm more of an /ic/fag, being a humble artist and all. I have a portfolio that is being managed by a guy for me, but I got some GME before they started skyrocketing. Also got some NOK. My question is this: is it okay to occasionally sell some shares (not those two, other companies) to get some playing money for ventures like those two? Or will that piss off my investment dude? (Incidentally he said GME was a bad idea and I should stay away, kek) (Also if any of you high rollers want a nice portrait or illustration let's chat. :D)

>> No.27036827

>>27036343
Metamask is ONLY an Ethereum and ERC20 token (alt coins on ethereum) wallet

>> No.27036889

>>27036726
Based.

>> No.27037045

>>27034370
Right yeah, that's when you go read the whitepapers. Don't assume that just because /biz/ is shilling it that it's an auto 10x. Go check out the coin and see if it has real use cases that make sense to you. That being said, I still think the best strategy would be to have most of your portfolio be BTC and ETH, and then have like 20% or less (depends on how risk averse you are) reserved for your chosen altcoins

>> No.27037212

>>27036827
so which wallets support both btc and eth?

>> No.27037370

>>27037212
exodus, trust wallet

>> No.27037375

>>27036080
Unless you're a swing trader, which you absolutely shouldn't be if you're new, then you should just check your holdings once or twice a day and relax. Crypto is too volatile to watch like a hawk. Buy in for the long term and be patient

>> No.27037430
File: 326 KB, 1124x1832, 5964C954-23A4-471D-8B26-377F10DB7C05.jpg [View same] [iqdb] [saucenao] [google]
27037430

>>27036676
Lots of memes and post number gets, formed our own kind of subculture, we have our own all star guys like DFV (oatmeal bro is a fucking god)

>> No.27037476
File: 88 KB, 374x210, ETHJAUNTILY.png [View same] [iqdb] [saucenao] [google]
27037476

What you have to do is take 1mg of LSD and study volume profile trading like Kurtosis anon

LSD chain:
>>/biz/thread/S25772847

Kurtosis:
>>/biz/thread/S25937960

>> No.27037554

>>27021198
lesson 2: don't listen to this guy

>> No.27037581

Come monday, will all the trains have left the station? I have to wait for money to be authorized to enter my account, and that's roughly when I'll be able to between work and the waiting time.

>> No.27037651

>>27037370
so why is metamask shilled here so often, do these others not support tokens?

>> No.27037686
File: 61 KB, 577x433, 4i25re.jpg [View same] [iqdb] [saucenao] [google]
27037686

Pro tip: when xrp finally pumps exit all crypto markets, including BTC

>> No.27037728

>>27037476
/For more kurtosis go to telegram GAUSSIAN DISTRIBUTION
@GREATER FOOLS

>> No.27037754

>>27021228
Case in point >>27021198

>> No.27037776

what app should i download now that robinhood is being gay

>> No.27037888

>>27037581
It’s always a good time to buy Bitcoin. If you’re afraid about price plunges or rises, dollar cost average.

>> No.27037927

>>27037651
Metamask is the best for ethereum tokens

The last time i tried trust wallet had some problem connecting to sites like uniswap or aave with wallet connect

>> No.27037959

Sharing my maxi hold for newfags

LTO Network
>unparalleled adoption and use-cases in enterprise
>Partnered with IBM, United Nations, AIRBUS, Dutch and Euro gov bodies. Already paying and using the service.
>Q3 Oracle collab with stinky linkies for digital ids (kyc for businesses when doing defi)
>Top 10 in transactions, revenue generated and best price per sale (p/s) ratio at a low mcap 60mil. https://coinstats.network
>50% of circulating supply staked, rewards come from client companies using the service (transaction fees)
>Deflationary supply, 0.1 LTO burn each transaction.
>Coinbase soon for the burgers
It's insane, top coin adoption wise but such a small market cap
Token you hold is same as clients use.

>> No.27038016

>>27020481
Can you still get the uniswap drop or is that over with?

>> No.27038063

>>27036679
Yes.

>> No.27038066

>>27037776
See

>>27030154

>> No.27038076

>>27037581
realistically nobody has any idea this is even worse than the meme coins because it has no reason to sucseed all the "muh use casess" but has far more legs than any of those use cases could ever have in a speculation market people are buying a stock based on feelings gme could hit 2k or it could crumble in 2hours to 1$ but alot of people doing it for moral reasons wont completly close the position rasing the floor and mitigateing some of the risk atleast

>> No.27038207

>>27020481
The market is going to crash hard in late March or early April.

>> No.27038244

>>27026866
Based

>> No.27038638
File: 16 KB, 600x600, 1605660837232.png [View same] [iqdb] [saucenao] [google]
27038638

>>27037927
make sure you connect your old trust wallet if you havent already used it by Aug of last year to get those free UNIs fren.

>> No.27038650

>>27025783
its an investment they will just sell some of the stock when they need money and cry about it because its defeacto goverment backed and will never go down

>> No.27038973

for a wallet, recommend Exodus?

>> No.27038986

>>27038638
Sadly i have already done, and already sold ALmost all my UNI

>> No.27039105

is degiro good?

>> No.27039393
File: 402 KB, 500x711, blundetto.png [View same] [iqdb] [saucenao] [google]
27039393

I'm Canadian. I don't have $1,000 for Questrade. I opened a Binance account but I wasn't verified fast enough for Dogecoin.

How and where do I get started with $100?

>> No.27039771

on what day should I sell my two GME shares?

>> No.27039821

>>27020481
I live in a shithole in latam, the only platform I get here is eToro. Is it worth it? Getting money out of those is always a hassle

>> No.27039826

>>27022602
what about RSR?

>> No.27039893

>>27020481
I just sold my MGE share. Should I buy again?

>> No.27040027

>>27039821
I’ve heard eToro is good, haven’t used it myself but haven’t heard bad things about it.

>> No.27040108

Is now a good time to buy LINK? I keep hearing about it but don't know if it's already too late really . Seems kinda expensive so not sure if already shot up and now is long term hold only.
Any suggestions about DeFi, uniswap and anything wrapped or staked? I learned about uni too late past airdrop so haven't bothered since then. Like to learn about wrapping / staking if viable and if it's short term or long .

Monero is fucking great by the way because it's backed by darkness and has most privacy of any default coin, works as an actual currency etc. Only downside is regulators hate it so some exchanges won't support it but you can exchange it to others like btc if necessary. By the way, check out Edge.app . Suggested by Monero and supports them as well as other coins, is one of the few multiwallets with exchange and fiat capability that is OPEN SOURCE unlike kraken coinomi and others I remember from back when.

>> No.27040490

>>27024668
thanks fren

>> No.27040650

>>27022902
>>27023111
>>27023887
Thank you. It's time for me to be serious. Didn't have a great week but definitely still have my shirt. I'm going to learn from it. I appreciate the advice.

>> No.27040692

>>27038973
I never used it, but i like it.
But for ethereum token i'd use metamask or argent wallet.

for multi token i tried only trust wallet and it just works

>> No.27041228

I'm used to pennystock pump schemes.... but the cryptos posted on here are weird AF, especially if you trade without a physical block chain and hardware wallet.

>> No.27041305

>>27039393
Noah?

>> No.27041340
File: 119 KB, 450x405, C357842C-91CC-4364-851C-B0234E6B53F7.png [View same] [iqdb] [saucenao] [google]
27041340

Only things that matter if you’re in the sub-six figures club:
- Low market cap
- Professionalism (website, logo, doxxed team and domain)
- Meme potential

>> No.27041405

>>27040108
edge support btc eth and erc-20?

>> No.27041474

>>27040692
Argent calculates the lowest possible gas fees for you and has a lot of staking and yield farming products integrated in app. And the app is aestethic as fuck.

>> No.27041489

>>27040692
Some useful resources to find wallets and other things:

https://github.com/Helmi/awesome-crypto#wallets

https://github.com/cmahon/awesome-cryptocurrency#wallets

>> No.27041679
File: 409 KB, 750x479, I am the smokin'.png [View same] [iqdb] [saucenao] [google]
27041679

>>27021967
was link not wrapped up in some big scandal like a year ago where people figured out it was flawed as fuck and the guys behind it were being shady? Or was that all nonsense?

>> No.27041694

>>27041474
And also integrates with some popular defi platform like aave.
But i had problem in the past connecting trough wallet connect, maybe now they solved them

>> No.27042017

Not investing in any meme crypto immediately but I wanna be up and running for when I can start actually investing.
Pending verification on Binance, any other recommended exchanges for a Canadian?
And for wallets, is Argent ETH only? Is Trust a good starter multicoin wallet? I'll get a hard wallet once I know I'm not too retarded to actually do this shit

>> No.27042320

>>27026721
To elaborate on that:
Since chans became a thing, the culture has always been "lurk moar." Buy lurking, you pick up on the culture and learn how to fit in. Usually a year or two of lurking makes you a proper well adjusted anon.
Anons can spot an outsider from a mile away, especially if they make an effort to blend in.

Anons have no identity. They aren't black or white, burgers or leafs, men or women. They're all just anons. Every idea stands on its own merit as anon said. Throwing away your anonymity is taboo because it gives you a perceived advantage. The origin of the insult "tits or gtfo" wasn't to maintain the chans as a boys club, but to demean someone who willfully tried to use their identity to gain an advantage or special treatment.
Namefags go home.

Check your brother's digits.

>> No.27042594

>>27041305
No. I'm probably more broke than your friend.

>> No.27042698

>>27042017
Argent is only for eth.
You can try FTX, huobi, bittrex, kucoin or other chinese exchanges.

>> No.27042897

>>27042698
Is there any reason those are preferred to Binance? That alone says I'll be waiting until the 7th for verification

>> No.27043026

>>27041228
Crypto newfag here. The fuck is a physical blockchain and hardware wallet?

>> No.27043124

>>27042320
To elaborate FURTHER on that.

Checking digit's is THE MOST IMPORTANT THING on this site, this board is literally dedicated to digit checking. If you see a claim with recurring digits on the post number then that claim is objectively true and becomes woven into the ongoing tapestry of this mongolian basket weaving site.

>> No.27043130

>>27042897
I prefer binance.
But some of them don't need verification.
Huobi if i recall correctly.
But if you want only to but some money into crypto you can do directly from argent wallet or metamask

>> No.27043222

>>27023320
unironically.. probably the most important reason i buy a coin

>> No.27043406
File: 76 KB, 750x737, 1611707068410.jpg [View same] [iqdb] [saucenao] [google]
27043406

>>27021198
ABSOLUTELY CORRECT
ASIC farms constantly dump it. It's no skin off my back, but you will lose everything on Dogecoin.
There's over 120bn coins and something stupid like 80bn are owned by these farms that constantly pump and dump it. Wake up, you fucking retards.

>> No.27043456

>>27043026
A hardware wallet is basically a fancy flash drive with very dumb hardware that won’t allow anyone to steal your private keys if you follow the setup instructions properly. You can store your crypto on it, lose it in the sea, whatever, as long as you have your wallets recovery seed, you’ll be able to access your funds.

>> No.27043926
File: 8 KB, 256x264, 1385752552958.gif [View same] [iqdb] [saucenao] [google]
27043926

Will eGLD moon after the Maiar launch on sunday? Why isn't eGLD shilled since it seems to be revolutionary? Should I buy some?

>> No.27043962

>>27023111
>folks
>y’all
>Ugh yikes?

>> No.27044272

>>27041405
Yes it does , among others. It has most big name non DeFi types I think. Sadly no LINK wallet by default yet but you can ask them to add stuff

>> No.27044285

newfag here
what's the point of never selling

>> No.27044449

>>27034098
Both

>> No.27044464

is coinbase best option for USA? what's the difference in coinbase pro?

>> No.27044499
File: 122 KB, 640x1125, 3hyffluubfb61.jpg [View same] [iqdb] [saucenao] [google]
27044499

>>27026949
THIS
I rarely post anymore, but I never understood the idea of fudding my own investments. So I'll share what newfags should do and what I (a 2013 oldfag who stopped waging in 2017) am holding.
>People telling you to buy BTC, ETH, XMR and LINK
This is a dead giveaway that you're talking to a 2017 newfag. None of these is safe, not even LINK. If you still need time to read, you buy DAI or USDC and you farm on Aave with it. You only need about 0.2 ETH for the gas fees, the rest should be in stablecoins until you know what you're doing.
> BTC is safe
Nobody who entered crypto before 2016 likes BTC. Some of us moved into ETH, some into BCH, some exited crypto altogether, because BTC became a joke. The absurd part is that thanks to censorship/manipulation on reddit and bitcointalk 2017 newfags think that propping up BTC makes them look like oldfags. Meanwhile oldfags first tried flipping via BCH, then mostly gave up and started enjoying their gains.
As for BTC being safe, it would have been flipped by both ETH and BCH if it wasn't for Tether printing massive amounts of non-existent dollars at the most opportune time to prevent this from happening. Ironically, this also pumped the price of ETH and BCH - crypto is a bigger bubble than stocks. The last "true" value of BTC is $60 in 2013, the highest "true" value of BTC is $250 - also in 2013. After that, it was only propped up by tether and willybot before that.
> ETH is a good investment
ETH is at the top of its hype train at the moment. Less than 2 years ago it dropped below $100 and people weren't willing to buy, this should tell you all about the trust in this project. You will need about 0.25 to cover fees though.
> LINK
It's the best of the bunch but you'll never make it by buying coins that already x100-ed. So even though I still hold 50k, I recommend looking elsewhere, so you don't get into the habit of buying coins that have already mooned - otherwise you'll get burned soon.

>> No.27044552

>>27044285
so we can dump on you

>> No.27044602

>>27034126
1000 eoy

>> No.27044665

>>27044285
its a meme /biz is a mix of Pumpers and Fudders and it plays out in a meme war across the board and normally helps you figure out if a stock is good

since everybody is mostly poor the board is normally split into
>high risk meme coin investments
>SMG stock market general
>other assorted threads

the didnt read never selling meme is a meme respone to good fudder evidence

>> No.27044675

>>27043962
Hang yourself because I don’t have the time today, tranny.

>> No.27044827

>>27044464
Coinbase pro just has more features, I’d say “best” exchange is subjective

>> No.27045036
File: 68 KB, 1188x792, BuddyGuy.jpg [View same] [iqdb] [saucenao] [google]
27045036

>>27027603
not your Buddy, Guy.

>> No.27045099

>>27024094
Binance is good too. Verification was fast as fuck for me.

>> No.27045152

>>27044665
thanks fren

>> No.27045322
File: 76 KB, 698x592, 1bd84a26285499ca3cbf4b6dbbec6446.jpg [View same] [iqdb] [saucenao] [google]
27045322

>>27021198
the biggest doge-pill is to buy some at 0.002 when it's cold and the eventual pump and sell it for a x10

>> No.27045578

>>27044499
so then what are the stablecoins

>> No.27045616
File: 145 KB, 1246x390, Screen Shot 2018-01-16 at 21.36.15.png [View same] [iqdb] [saucenao] [google]
27045616

>>27044464
They are the most legit exchange, which unfortunately also makes them the most cucked one (they'd do whatever the SEC/Biden administration tells them to).
Also, Coinbase is where coins that have already mooned continue their existence. You ideally want to buy coins before they moon, and Coinbase will never be an option in this scenario.
>>27044285
So you reduce float, coins pump harder and oldfags leave you holding their bags. At least for the most part.
In the case of LINK, it might also mean that the person is legitimately considering staking his stack and living off the proceeds. In the case of RSR - the same idea with arbing. I'm limited to 2000 chars so I'm only mentioning the terms, you can google them from then on.
>>27044499
Since I promised I'd share my shitfolio, here it is:
>75k AVAX staked
>50k LINK, mostly in a hardware wallet, some are farming on Bancor, some have been stuck on Aave since the beginning
>6.66M RSR
>300k JRT - it's not nearly as good of a coin as the rest of them, but I bought them at 1/3 market price and I'm a greedy fuck so I still haven't sold.
and no less than 30% of my shitfolio is in stablecoins that are farming yields, usually 15% APY and above. I also have investments outside of crypto and these are mostly for buying in case a crash happens.

We might not be too far from post such as that in the pic.

>> No.27045951

>>27045616
>You ideally want to buy coins before they moon, and Coinbase will never be an option in this scenario.
but you still need to use a mooned exchange, like coinbase, to get the eth to buy shitcoins?

>> No.27046040

>>27045578
DAI, USDC, TUSD, BUSD.
The first one is "algorithmically" fixed to a price of $1. The rest are backed by real dollars.
This makes TUSD safer than DAI, but it's less accepted on exchanges, so ideally you want a mix.
TUSD is currently yielding the highest amount of money (up to 35% per year)
DAI is the most commonly used one for trading
USDC is the most commonly used stablecoin that's also backed by real USD.

>> No.27046093

Help with a canuck getting into stocks? Is Wealthsimple trade the way to go and would you make a Personal or a tfsa if you're not planning on going COMPLETELY psychotic and trading 5 times a day? They hold anything you put in for 3 fucking days, I hear?

>> No.27046286

Loop
Will
Rise

>> No.27046314

>>27044665
yea lol to add to this the never selling meme can be a fudder or a pumper its tricky like that

>> No.27046430 [DELETED] 

>Lowing Shaensigin saves what she can and abandons the rest to escape spiderpaw bullshit
>Minnow saves what she can and abandons the rest to escape spiderpaw bullshit
pottery

>> No.27046501

>>27045951
Yes, Coinbase is perfect for that.
Just keep in mind that it's the most monitored exchange, which some people might have a problem with.
I use Kraken for fiat onboarding but that's because it's the most convenient option for europoors like me.

>> No.27046638

>>27035826
Depends on where you live. If electricity is cheap you can easily make 1k a year
>>27035888
google it faggot

>> No.27047159

>>27021198
Dogies are penny slots and dollar tables. Most people aren't high rollers-yet

>> No.27047834

>>27027347
I cannot even get out of bed if I don’t recite this epic.

>> No.27048096

>>27027611
KEK from someone who sold all BTC five days before the 2017 ATH.

>> No.27049042

>>27020481
I'm double-digit IQ /pol/fag wanting to get into stocks. I have FreeTrade (UK) on my phone but I'd prefer to use my desktop PC. Is there something out there for this that isn't stupid expensive?