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/biz/ - Business & Finance

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2988637 No.2988637 [Reply] [Original]

Newfag here. I'm a europoor student, I have roughly 2300 USD just lying in my bank account I am willing to invest. I wanted to setup some broker through my bank but I don't trust them with my money.
Can you give me some info how to get into the cryptocurrency business?

>> No.2988658

German here (19) bought 1 BTC.
Got a holliday job too now. Will invest half of everything i earn.

Just buy btc and wait. Lets get rich.

>> No.2988664

>>2988637
Kraken.
bittrex for shitcoins

>> No.2988676

Go to bitcoin.de/en to buy bitcoin without waiting for verification. Once your order was confirmed transfer the coins to bittrex and start buying shitcoins

>> No.2988749

>>2988658
Shit that's a fuckton of money for me. Are there any cheaper and reliable alternatives? Not familiar with the game yet

>> No.2988767

>>2988749
Don't fall for the 'cheap coin' meme.
It's all about the marketcap.

Go to coinmarketcap.com and do some research.

>> No.2988778

>>2988767
I am really new to everything here. Thanks for the link though

>> No.2988880

Fellow europoor student reporting in, you are me 2 years ago. Invested $2500 now it's $30000. :-)

bitcoin.de is best to get bitcoins in the first place.
kraken if you want to trade.
bittrex if you want to gamble away your money with shitcoins.

Only do ETH and BTC. Don't gamble away your money.

>> No.2988950

BitSquare is a distributed market where you can get bitcoins.

Another way would be to mine some cryptos. You could use it to buy some Monero mining equipment and recover the costs by the end of the year.

ETH is a scam. Huge amounts of ETH are being created everyday with no cap. Bitcoin will go up faster in the future.

Invest only in coins that have technology that you understand.

>> No.2989030

>>2988880
Very nice. Although the Bitcoin is worth so much, buying just 1 BTC will eat up 7/10 of my savings. This feels very dangerous to me.

>> No.2989069

>>2989030
You can buy fractions of a coin.
Just stick with XBT and XMR. Those are solid coins that are easy to understand.

>> No.2989080
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2989080

>>2988749

You can buy a fraction of a bitcoin dood

>> No.2989253

is XEL any good ?