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File: 5 KB, 280x180, binance.jpg [View same] [iqdb] [saucenao] [google]
5322209 No.5322209 [Reply] [Original]

Does Biz use BNB when they cash out their moon missions?

>> No.5322456

anyone?

>> No.5322813

fuck off

>> No.5322867

Why can't I withdraw iota from this chink shit cite.

>> No.5323205

>>5322209
>cash out

>> No.5323255

Is there an advantage to using BNB? I mean other than the fees part on purchases from Eth or BTC?

>> No.5323414

>>5323255
im not sure. anyone else?

>> No.5323440

>>5323255
Fees on all trades, even coin for coin.
That's it.

Absolutely no idea how it's pumped to 5$

>> No.5323707

does everyone just use eth when selling and buying?

>> No.5323755

>>5323707
eth?
It's been one of the better hodls for a while now

>> No.5324096

>>5323755
is that what you use when you dump and want to buy something else?

getting into trading and want to make sure im efficient as possible

>> No.5324301

>>5324096
honestly i rarely touch anything other than the main guys (BTC, ETH, LTC, BCH, XMR) but when I'm shuffling around I definitely use bnb because fees add up when you're doing a lot of shuffles.

Binance is small enough that volume can be an issue so say you want to buy some XMP and have btc you need to look at the XMP/USDT volume and XMP/BTC volume. Generally the prices are about the same, but sometimes you can catch big differences which you can jump in on before they correct. Otherwise look at the buy walls and approximate which bath to take would be easiest.
Either:
BTC -> XMP
or BTC -> USDT -> XMP (keeping in mind this one will have double fees)
Sometimes the convenience is worth the extra cost though

But yes, buy some bnb before each trade. I hold about .5% of overall portfolio value in bnb just in case.

>> No.5324416

>>5324096
Though I should ask, approximately how much of your overall assets are you playing with in crypto (percentage) and what are you trying to do with it? That may change my answer a bit

>> No.5324680

>>5324416
roughly 50% or around 2500, poorfag I know.

I was hodling but now im thinking I need to get my number up a bit to make it. So I was thinking of some simple moon mission and dumps to get my numbers up. I have about 800 dollars worth of Dif coins on Binance and id like to put it into one for a bigger return. So should I exchange everything for bnb and go from there?

>> No.5324809

>>5324680
>>5324416
I'm also trying to get into this, I have 3k I want to put in and worried about security over quick return. For starters, what is a good trader I can use for normie coins, shit like XLM, and be able to cash out

>> No.5324817

>>5324680
You mean all in bnb? No. You just need the price of fees. If you were to move everything that would be ~2.5$. I'd say just sit on about 20$ in bnb at all times and you're good.

50% is kinda high though, be careful if you need that money to make rent, etc. Things like btc, eth, etc are less sexy because they don't have as wild of moons anymore, but they have solid returns and are much less likely to die on you.

At that amount of money, diversifying isnt really necessary.

>> No.5324923

>>5324817
im not gambling food money. I have barely any if no bills, and if I lost 2500 id be sad but it wouldn't fuck my life up.

I guess what im asking is what crypto exchange should I use. BTC->XXX ETH-->XXX or USDT--->XXX

>> No.5325122

>>5323440
>>5324301
>honestly i rarely touch anything other than the main guys (BTC, ETH, LTC, BCH, XMR)
Yeah, we should all definitely listen to you regarding BNB valuation. BNB is infinitely better investment than all of the shitcoins you mentioned, except maybe XMR.
Stop pretending you're smart, brainlet. No one will give you upvotes here. Go back to rebbit newfag.
kys

>> No.5325197
File: 150 KB, 1000x1000, pjimage.jpg [View same] [iqdb] [saucenao] [google]
5325197

>>5324809
>Security over returns
Honestly stick with GDAX or Binance and stay away from obscure coins. For binance you'll need to transfer btc or eth in and out to gdax to cash out to fiat, but it's not that big of an issue at the amount you are playing with.

>>5324923
Usually shortest path is better but sometimes volume of trades is better with usdt, or price difference can make up for the extra step.

>>5325122
>BNB better
Enlighten us, friendo

>> No.5325477

>>5325197
>Enlighten us, friendo
Your screenshot did it for me, clearly.

>> No.5325610
File: 56 KB, 621x702, vO7lRZ7.png [View same] [iqdb] [saucenao] [google]
5325610

>>5325477
>Lower dip on a coin with very small trade volume, better

Wow, are you like a professor of money or something?

>> No.5325837
File: 32 KB, 645x729, 544687.png [View same] [iqdb] [saucenao] [google]
5325837

>>5325610
>very small trade volume
>45mil on a <500 mil cap
>implying it matters in the first place
>implying that BTC, BCC and LTC are not fundamentally worthless