/biz/ - Business & Finance

[Anonymous No.56710885]

If you put a $1000 into a top 1000-1500 altcoin and it gets into the top 100, you're basically a millionaire.

[Anonymous No.56710916]

>>56710885
If you spend $100 on lottery tickets and guess the winning number, you’re basically a millionaire

[Anonymous No.56710937]

>>56710916
Your pick of a top 1500 coin getting into the top 100 is 1/1400

Lottery winning odds for big jackpots are around 1/300,000,000

[Anonymous No.56710961]

>>56710937
>Your pick of a top 1500 coin getting into the top 100 is 1/1400
no its not.

you cant predict which random shitcoin will get injected with capital vs which shitcoin gets drained of capital, much less can you quantify the likelihood of any said shitcoin succeeding

[Anonymous No.56710982]

>>56710937
There are no guarantees those don’t all go to zero, and statistically they are all likely to.

[Anonymous No.56710984]

>>56710885
That’s exactly what I did with and what will happen to Fringe Finance.

[Anonymous No.56711274]

>>56710885
OP just discovered the VC model
>don't know what alts of those 500 will make it
>$1,000 in each
>$500,000
>400 go to zero
>50 break even
>50 make it
>say the average of the make its is a 20x
>+$1,000,000
>less $400,000 zeroes
>net $600,000 profit

[Anonymous No.56711299]

>>56710885
Instead of using your idiotic plan, why noy learn about investing and DCA into a few good coins?

The lazy don't deserve to be wealthy.

[Anonymous No.56711347]

>>56711299
>NEVER TAKE RISKS, STAY A PEASANT, ONLY INVEST IN SOMETHING THAT WILL GET YOU AT BEST 10% PER YEAR GAINS, NEVER TRY, STAY DOWN, DONT DO ANYTHING OUTSIDE THE BOX, JUST STAY IN YOUR LANE, NEVER RISK ANYTHING, JUST BE SAFE AND REMAIN PEASANT

[Anonymous No.56712719]

>>56711299
Instead of preaching boomer shit on a shitcoin image board, why don't you go back to your fellow faggot FIRE millennials to reddit?

[Anonymous No.56712731]

>>56710937
Lottery ticket price: $1.40

so 1000 times less expensive and 1000 times less chance

so the same odds

[Anonymous No.56712901]

>>56710937
going from top 1500 to top 100 is a a lot harder than you'd think

[Anonymous No.56713041]

>>56710885
Overdiversified. Your average gains might be like 2% from being dragged down by literal shitcoins and rugpulls. Better to invest in 10-100 max from the top 1000 after doing some basic research, both fundamental and technical analysis, then unironically do what >>56711299 says and DCA into all of those. This is basically my strategy and I'm in six figure hell rn (started in five figures though).

[Anonymous No.56714307]

So this is how shitcoins make money.

[Anonymous No.56714928]

>>56710885
AIOZ is like Chainlink was in its infancy - rando SE Asian dev that people think is a scam artist. He's not and it has functionality beyond being a meme coin. I've had 110% gains in the last day so even if it's shit, I'll dump and move back to LINK.

[Anonymous No.56714969]

>>56714928
>110% gains
go back, jeet

[Anonymous No.56714984]

>>56711274
>don't know what alts of those 500 will make it
>$1,000 in each
>$500,000
>400 go to zero
>100 break even
>0 make it
>say the average of the make would have been a 20x
>+$0
>less $400,000 zeroes
>net $400,000 loss

[Anonymous No.56714985]

>>56714969
>jeet
The creator is East Asian and it's based in Singapore. What is this Pajeet connection? Fuck you for not buying earlier. Not my problem.

[Anonymous No.56715004]

>>56711274
>VC model
these are the people that browse a business board. a vc is not touching your shitcoin thats why they remain a vc in the first place. and if they do touch a shitcoin they'll buy up 90% of the supply and make you fomo and provide exit liquidity

[Anonymous No.56715131]

>>56711299
Go back

[Anonymous No.56715715]

>>56710885
I did something like that with a few... It seems I am gonna make it with QANX

[Anonymous No.56715914]

Kava is my last hope. Literally. If it doesn't moon next year I don't really know what I'd do. Granted I got a lot of money on BTC because of course but it wont' get me anywhere near 8 figs.