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/biz/ - Business & Finance


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28114451 No.28114451 [Reply] [Original]

As stated. Exception like LINK exists, of course. But 90% of the coins shilled here are PnD. Anons, the only consistent way to make money with cryptos has been shilled here maybe one time since 2017. Don’t fall for these bullshits, they’re all driven by hype and don’t have any consistency. You can make money, sure, but if you are 20 minute late for the dump you’ll get rekt. DYOR anons

>> No.28114633

Has it always been this bad? I mean every day you find new shitcoins that copy and paste the logos and websites and whatever with nothing new.
Who ends up paying for these coins?

>> No.28114944

>>28114451
Anon, the entire financial system is a pump and dump ponzi scheme, why would crypto be any different?

>> No.28115141

>>28114451
>>28114633
It's just reddit idiots who stuck around after the GME bullshit. They will get bored and leave eventually; you can help speed this up by being as racist as possible.

>> No.28115318

>>28114944
Checked, this
The only difference is that you can actually get in early with crypto "ponzis"

>> No.28116175

>>28114944
>>28115318
I might disagree gents
I do really believe that cryptos are the future of finance, the concept behind is genius and genuine
The point is, I want to let newfags know that no one (well, 90% of times) will shill you actual genuine products. I mean, why would I shill a project that will grow organically? Would you shill BTC 10 years ago? Maybe yes, idk, most wouldn’t, I assure you that. Just look at coins TG. Creating fake threads here on 4chan with an absurd quantity of low quality memes to fool newfags. Again, you can make money with this shit, but be on time or you’ll burn your money.

>> No.28116366

>>28116175
I feel bad about making money on pump and dumps
You're stealing from your fellow bizraelis to give to Indians and Pakis for a small profit

>> No.28116641

>>28116366
Based. Me too. This is not how I invest. I like finance/crypto and investing as much as I like watches (those two are my top tiers passions). I like to research, go balls deep in a project because I myself am not enough entitled to change the world of finance. Maybe the watches one, one day.

>> No.28116791

Edit; Jesus Christ have you seen Hoge omg I’m cringing hard. What will happens when everyone dump on each other? Poor Biz.

>> No.28117597

Edit 2; I’ll give you my 2cents on a crypto that could be a game changer. Kin, kik messenger token. No point on shilling you this since the mcap is so high, even if Biz dumped 10K each wouldn’t change anything. Survived SEC, for what I know is 1 of 3 cryptos acknowledged as currency by SEC (the others are BTC and ETH). Dirty cheap right now, basically dead. Heard a rumore about telegram eyeballing it after their token got dumped. Might be interesting and might have a real world usage
Worst case scenario I threw 3K off the window, best case scenario even at 0.01 cent is a big score.

>> No.28117744
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28117744

>Redpilled
Some pump more than dump. All in bor and surf that 1200$ ath

>> No.28117781

>>28114451
I've found a couple good buys but you gotta sift through the constant shilling.
The key is to accumulate before you talk about it on here too much so you can get in at a good price.

>> No.28117819
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28117819

>>28114451
Reaper BTFO

>> No.28118051

>>28117781
Checked. Totally got my point. When it’s shilled on here it’s way too late and might become a PnD even if the project is legit. When you see memes about it -> sell signal

>> No.28118199

>>28117781
This. Some projects do have genuinely good communities that have back and forth discussion on white papers and the tech proposed (I won't shill it here because I'm still accumulating). Those are the projects that are worth getting into if they're on /biz/. A more reliable way to not get rugged would be to drop some change into every coin that gets listed on coingecko as soon as it gets listed. Even then, that's an absolute crap shoot, so do whatever you need to screen out the bullshit from the genuine early products.

>> No.28118210
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28118210

No, this shit got mentioned 5 times, /biz forgot, now it's mooning

>> No.28118502

>>28114451
It’s very easy to spot a legitimate project though, if you have above 80 IQ and lurk for a few months before investing you should never fall for a pump and dump. Now does that mean legitimate projects will make you money? No. There are coins like PNK that may end up being failures even though they are legitimate projects. But most coins are something like Sushi that are such blatant pump and dumps and the only reason people buy them is to be the person who dumps them, and hope they aren’t the person who gets dumped on. Anyone who buys those total shit coins deserves to get dumped on and deserves no sympathy.

>> No.28118894

>>28118502
is DEXG a pump and dump, genuinely?

>> No.28118901

>>28118502
Yes, you have to extensively search to find anything good here. But still, when you find something it’s necessary to understand what that shitcoin does & who are the developers & if it’s worth to invest in it. I got fucked too, don’t get me wrong. Space swap fucked me, after I discovered that milk2 supply was unlimited I got out. Still got away with profit before it was being called a scam

>> No.28119039

>>28118894
Bro, DOYR. I wouldn’t mind telling you yes or no, but if you want to make REAL money and not stupid moonshots gamble learn how to distinguish real projects with valuable basis from PnD.

>> No.28119351

>>28119039
Thanks bro, I just go by if it’s name sounds ridiculous (sushi, badger, mcdonald’s, hotdog, burger, pancake) then it’s a pump and dump or at least scammy af, sadly it’s not that simple.