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/biz/ - Business & Finance

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54891299 No.54891299 [Reply] [Original]

i have around 200k in cash. please tell me how to invest it in the cryptocurreny space.

>> No.54891317

Use cash to buy drugs. Sell drugs for crypto.

>> No.54891582

>>54891299
listen to >>54891317
and buy 0x0 with the drug money

>> No.54892117
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54892117

spiritual wealth is material wealth

>> No.54892780

>>54891299
Don't.
99% of it is a jeet farce that's there to take your 200k and turn it into more designated shitting streets.
So much of the game is manipulated that you'll just end up blown out by whales.
The only way to make actual money is swinging short and long with the market, and even then you'll end up fucked.
If you ABSOLUTELY MUST put your money in, slap it into BTC, store it on a private wallet, and check the price once a week.

>> No.54892814

>>54891299
With that amount of money and limited experience. Id just stick to Bitcoin. It's the least volatile and you're guaranteed a good return in the long run.

>> No.54893584

>>54891299
please don't

>> No.54893729

>>54891299
- ETH (high fees problem will be fixed soon)
- LINK (provides smart contracts with real world data while minimizing some of the potential security issues that come with that)
- KILT (partnership with deloitte which will likely make it a #1 choice for traditional companies looking to implement digital id, which some big tech companies and states are already implementing)
- small stack of SHIMASK (kind of a moonshot/asymmetric bet, but basically metamask with fees distributed to token holder, and also social recovery, payment in other cryptocurrencies, and other user-friendly features, no product released yet, microcap).

>> No.54894023

>>54893729
>high fees problem will be fixed soon
2 weeks?

>> No.54894132

>>54893729
>KILT
yo that one could be a moonshot

>> No.54894570

>>54891299
depends on which country you're in

>> No.54894592

>>54893729
KILT looks like the only good one besides ETH, LINK is done for

>> No.54894626

>>54891299
>200k in cash
buy tbills retard >>>54888716

>> No.54894631
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54894631

>>54891299
Split it between the DeFi Trifecta (AVAX - LINK - GRT) and don't sell until late 2026.
Congratulations, you've just made generational wealth OP.

>> No.54894733

>>54894631
worst advice ever lmfao

>> No.54895541

>>54891299
Jasmy and have it turn into $200 million

>> No.54895609

>>54891299
Exchange it for Pennies and bring them to a coinstar machine at your local Walmart.

>> No.54895846

>>54891299
I'm not sure what you're on about, but the best bet is a ZK-Snark privacy token.

>> No.54895892

>>54892814
Bitcoin is freedom, and so are cryptos that shield transactions and assets from public view. RAILGUN, MONERO, and DASH for examples.

>> No.54895913

>>54895892
Bwhahahaahaha

>> No.54896209

The first step is unironically to put it into a bank, so you can then buy crypto.

>> No.54896231

put 200k into neo
print gas
get rich when the chinks pump it in June

>> No.54896309

>>54893729
>social recovery
Wat

>> No.54896658

>>54891299
BTC
XMR
AVAX
There. Dont even think about anything else.

>> No.54896765

>>54896309
ERC-4337, account abstraction, basically you can have a wallet that can be recovered by verifying your identity with multiple different (independent) entities. For example, you can prove your identity and gain back access to your wallet by using your different devices, facial recognition, biometrics. Any combination you want really, it's very flexible and depends on the implementation and your security needs. It'll mainly be used in a limited form like typically "Forgot your password" setups, so like, give this one-time code sent to your email, phone, take a selfie, etc
>>54894132
>>54894592
Yeah, I don't actually expect a lot of price movement from ETH or LINK, they're what I leave a large portion of my funds in while looking for investment ideas. I already have positions in all of them. KILT is the main thing I'm building a stack in right now.

>> No.54896840

>>54896765
>you can have a wallet that can be recovered by verifying your identity with multiple different (independent) entities.
This would actually solve one of the big obstacles with normie adoption: the fact that if you lose your seed phrase, your money is simply irretrievable. If done without compromising security, it's great. Might grab a bag.

>> No.54897351

>>54894733
Sure anon they should buy ICP, SOL, AND ADA
stfu, you don't even know how to justify your opinion

>> No.54897358

>>54891299
PEPE.BRC20 of course.

>> No.54898030

put $150,000 in monero, take the other $50,000 and go travel the world for 5 years

>> No.54898036

>>54891299
XMR 100k
ETH 50k
CTSI 30k
RAIL 20k

>> No.54898051
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54898051

>>54897351
He isn't wrong, lmfao. AVAX, GRT, and TNN are all shit!

>> No.54898450
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54898450

>>54891299
That's a pleb amount of money, but that's why PLEB was created after all
Hold PLEB and in a few months, all of us fellow plebs will become whales in no time

>> No.54900090

>>54891299
>i have around 200k in cash. please tell me how to *throw my money in the trash
fify

>> No.54900098
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54900098

>>54891299
Why is everyone here holding exactly 200k in cash lately? Anyway, if true, save that money in AVAX and on the spot do staking to earn passive income. You will thank this anonymous 4chan faggot in your conscious later.

>> No.54900569

>>54897358
BRC20 tokens look like they've got based potential anon. I'd also be adding others like Ride for its VR tech and Senate for governance rewards to the list.

>> No.54900593

>>54893729
>- ETH (high fees problem will be fixed soon)

Ethereum is an unscalable piece of shit. Cardano is way ahead of it in terms of staking, scaling and governance.