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/biz/ - Business & Finance


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5866683 No.5866683 [Reply] [Original]

I started 2018 the right way. I just wanna say thank you to all the anons on this board, even the pajeets, for steering me into crypto, for making me laugh even when losing money but most of all, for potentially changing my life for the better.

Today I reached 6 figures. I started in July 2017 with 3k. I never had this much money, I'm a NEET who lives with his parents. I'm happy with the possibilities this will open up for me in the future.

We're all gonna make it anons.

>> No.5866748

>>5866683
>100k eurobucks

Wow you can now afford a used gallardo now. Grats anon!

>> No.5866755

It took you 6 months to make 100k when you started out with 3k?

Still, Godspeed anon, you did well

>> No.5866764

>>5866683
Boomer logic indicates you didn't make it.
Huh. Sucks for you.
at least i have a mortage

>> No.5866780

>>5866683
>6 figures
>thinks he can brag
>not even a million

kys anon, seriously eurofag

>> No.5867039

>>5866755
I made some bad trades during the btc bullrun, lost 2 btc there and took a lot of time to recover.

Still, this is only the beginning. With this much capital I can make interesting investments now.

>>5866780
Not bragging you fucking burger. Can't you even read your own language? I'm thankful to /biz/.

>> No.5867067

Never forget the hell you came from. I sure as fuck won't.

>> No.5867179

>>5867039
What sort of bad trades, would be helpful if you could go into details

>> No.5867280

Congratz OP !

100k is my goal, just passed 20k today

we are all gonna make it

>> No.5867421
File: 151 KB, 705x775, F86FA173-1BD7-4C62-A0EB-F9DB4EB0B436.jpg [View same] [iqdb] [saucenao] [google]
5867421

>>5866683
>be in crypto since June
>manage to 5x my money
>still less than $250

>> No.5867501

>>5867421
Poor birb :(

>> No.5867548

What portfolio tracker is this bros?

>> No.5867556

>>5867421
>start with $30
>now at $600 and rising
thx req
thx icx
thx xrp
thx pajeet pnd groups

>> No.5867696

>>5867179
I'll try to remember as accurately as possible. My biggest mistake was losing 2 btc day trading during the november bull run, using leverage and lost it all in a blip. Almost had to start from scratch.

Another was investing in AVALON (that fucking ICO who didn't fly), my first ICO. Had my eth stuck there for a whole month. All the shit I sold to invest eth into the ICO basically tripled and I bought back in to have much less of the coins I had before.

These were the most aggravating ones that I'll never forget.

>> No.5867752

>>5867548
That's delta but I recommend coinstats if you don't want to use blockfolio.

>> No.5867945

>>5867067
Good advice. I'll try my best.

>> No.5868302

yow dude what portfolio ?

>> No.5868920

>>5868302
?

>> No.5869020

>>5866683
Congrats but tha'ts quite slow especially with 3k.

>> No.5869212

>>5869020
I know. I'm not bragging myself as a genius investor.

I'm just really happy I came across crypto and /biz/ and I'm much more prepared now to not make stupid mistakes. Hopefully I can pump it to 1mil by EOY.

>> No.5869383

>>5866683
What app is that

>> No.5869455

Damn.

I started half a month ago with 2k€ and am now at 4k€. This makes me hopeful for the future.

>> No.5869506

>>5866755
I have 3k now, how would I get to the same level as OP but faster?

>> No.5869801

>>5866755
Yeah he did well. I started with 3k in July as well and I'm at 60k.
Looking back, what I did wrong was to buy one coin and hold for like 3 months. There were so many opportunity that I missed because I had all the money in that coin. I finally rebalanced in november and I got to 60k.

>> No.5870094

>>5869801
Thanks anon.
I was there too. Held ark (but still had some nice gains) and fucking IOC for months. IOC was the bane of my existence. As soon as I got rid of it, I was doubling money every week.
Best of luck.

>>5869506
I would say invest the whole 3k in the dadi ICO.

>> No.5870252

>>5870094
Dadi is my next target as well. How much are you putting in? I have like 4-7k depending on what I sell.

A friend of mine asked if it's good for making money quickly. I know that Dadi is good, but I am not sure about the time frame. Thoughts?

>> No.5870313

Started with $700 on July now I'm at $4k. Reason why I'm up so little is because I held one or two coins for 2 months or so so my funds remained stagnant in the $1.2k area. December alone I made way more money than the other months in 2017. I'm hopeful though. Btw i have half of my portfolio to throw at eaither req or ven. What do you guys think?

>> No.5870543

>>5870252
I'm gonna max it on the presale. In with 10k. As for the time frame, it all depends on when it's gonna be listed on exchanges and what exchanges. I'm expecting an ICX level of pump though. 100x ICO price isn't that unreal. 50x is more probable though.

>>5870313
I'm partial to req although ven is also a good choice.

>> No.5870668

>>5867421
that mouth is erotic

>> No.5871277

>>5870543
Yeah, but I only read about it late, so I can buy only during the crowdsale. Hope to make it. I never invested in any ICO, but I heard that if you're not fast enough you'll remain out. And given that Dadi is so hyped...

>> No.5871711

>>5871277
When that shit drops be quick and max up your gwei so your transaction goes before anons with lower gwei.

>> No.5872111
File: 2.34 MB, 359x202, 1467946739001.gif [View same] [iqdb] [saucenao] [google]
5872111

>>5866683
Congrats, don't cash out too soon. Ride it further, the more you have the more you make.

>> No.5872453

>>5871711
I'll do that for sure. Since you said you are in the presale, I assume you heard about the project some time ago. How do you stay informed about ICOs? I feel like there are too many and it's kind of time consuming to determine which ones are good.

>> No.5872526

>>5872111
Thanks anon. I'm not planning on cashing out until at least 1 mil. Let's see how that goes. If I ever make it there, I'll give back to the community.

>> No.5872716

>>5872526
Just don't get too greedy, anon. Cash out when the time is right not when you reach a goal.
I've been waiting too long to get into crypto, started mid november with about $500, right now at $2150, hope I can still get a good sum since I am also a hopeless neet. These posts are giving me hope.

>> No.5872725

How old are you

>> No.5872848

>>5866683
congrats on 6 figs. you're a true inspiration fellow neet anon. we're all gonna fuckin make it!!!

>> No.5873014

>>5872725
23

>>5872453
I heard about it on twitter and proceeded to research it and then /biz/ started shilling it. I hope I can get in time, even with the presale.

>>5872716
You're right with cashing out when it's right and not with a hard number. I used that number because I honestly can continue living without this money and I would rather keep it growing.
Keep at it. We will make it.

>> No.5873225

>>5866780
100000€ > $100000

>> No.5873296

>>5867556
Mind helping me? I'm starting in a similar position.

>> No.5873383

started 1 week ago with $5.5k, now at $14.5k

thanks /biz/

>> No.5873596

>>5866748
Great work, anon.
Personally I started about a week ago with $200 and I'm currently at $1400. I can totally see myself reach 10k within the next month.

>> No.5873738

>>5873596
You can and you will. Godspeed anon.

>> No.5873786

>>5866683
>start with 75 bucks
>hit my first goal of 100 with ease
>1k comes a few months later but made it
>wondering how I will make it to 10k and thereafter

/biz/, you guys are helping tremendously. How should I proceed?

>> No.5873986

>>5873786
First, don't over diversify. With 1k you should only be holding 2 coins to get maximum returns.

The rest is luck, research and a plan. Don't panic sell. DON'T PANIC SELL. It might be the most important advice.

>> No.5874092

>>5869506
>>5870094
>>5870252
>>5870543
>>5871277
This.

I'm preparing for the ICO
Shit looks like its gonna fucking moon already

>> No.5874150

Now try cashing that out without taxes.

Oops, you actually don't have 100k

>> No.5874187

>>5867421
You really didn't put in a single dollar after your first 50$ investment? Even when you saw that the gains were real? Wow

>> No.5874217

>>5874092
We should probably stop talking about it or else it'll be too many people jumping in at the same time lol

>> No.5874289

>>5874150
>actually don't have 100k

Actually, there're no taxes for crypto in my country so...

>> No.5874290

>>5867039
>I made some bad trades during the btc bullrun, lost 2 btc there and took a lot of time to recover
Literally me

>> No.5874312

>>5873986
Listen to this guy. I was too spread out with my 1000. I narrowed it down to two coins and Im at 3000 now. Just keep going and dont do the most obvious mistakes in investing. FOMO/Buying ATH and things like that.

>> No.5874612

>>5874289
Is it Italy by any chance? I have a friend from there who says he's cashing out everything without paying a dime and that he does not give a shit about taxes. He also says the government will never prosecute you for this or something like that. I was curious if it is true or not, seems a bit of an exaggeration to me.

>> No.5874718

>>5866683
Quick question

Do you actively buy and sell during peaks and dips or was this from mostly holding?

>> No.5874723

>>5874612
Not gonna say where I'm from but we don't pay anything here. We have a legal loophole and until the UE comes forth with a directive, we're golden. In my opinion, still have 1 solid year without worrying about taxes.

>> No.5874952
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5874952

Started in November with 100 euro.

Look at me now BOYS, LOOK AT ME NOW.

To the moon!

>> No.5875030

>>5874718
At first, just holding. In november I started to trade like once a week maybe or anytime a good opportunity would come up basically.

Just to give examples of my last trades:
> sold ARK and bought ICX at 37k sats. Sold at 47k.
> bought DBC at 88 buterins, sold half at 215 and put it all into TRX at 87 buterins.

Made like 20k alone in these last trades but I know it's not something I should try to replicate by sheer will. You have to have a market trend and profit from it.

>> No.5875045

>>5874723
So it's Spain, Poland or Romania. Based on the use of UE instead of EU

>> No.5875121

>>5875045
Got me there, detective anon

>> No.5875287

>>5875121
Impressive gains btw. I am getting impatient with litecoin, should I hold or put it elsewhere?

>> No.5875416
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5875416

please rate. what do you see this being worth EOY. I am going to mercilessly hold this portfolio

>> No.5875483

>>5875416

Bought into TRON at 3 cents
Bought into REQ/XLM at 25 cents
Bought into FUN at 7 cents

started with 5k

>> No.5875572

>>5875287
Thanks.

My investing philosophy is to go heavy in low cap coins for maximum returns. Maybe now that I have this much I'll start to distribute 10/20% into the classic coins (eth, ltc, xrm, etc...)

As for LTC, I think it's a safe bet. Probably not insane gains but not a mistake in itself.

>> No.5875684

>>5875416
Nice portfolio. You'll do very well. You have FUN which is something I myself ought to get.

I can't predict a price because it's me pulling numbers out of my ass but I can say that I wouldn't change a thing besides selling that eth for LINK.

>> No.5875689

>>5875121
ROmania has a 10% tax on crypto starting 2018. Used to be 16%.
Judging by your good english, you must pe polish.

>> No.5875843
File: 654 KB, 1242x2208, BD780A94-3388-472B-AFCF-E2246E603D05.png [View same] [iqdb] [saucenao] [google]
5875843

I need to stop over trading, I invested initial fiat of £2118 so at least it’s a gain, but it should be more I know. I’ve made a few mistakes

>> No.5876392

>>5873596
>started with around 200 euro last week
>still at 200 or less

h-how do u do it

>> No.5876414

>>5875843
Too many coins. You should only have 3 at the most.

>> No.5876535

>>5875684

thank you. I got that portfolio with a mix of research and luck.

I was going to throw some money at LINK, but I read up on the whole node thing and I'm not really a fan. I definitely see stinky linkies making money but it's not for me

>> No.5876704

>>5876392
Let me ask you this: how do you fuck it up? It is very hard to go wrong these days.

>> No.5876960

I started with 5 k 3 months ago and am currently at 17k. What the fuck am I doing wrong? Currently I hold
7.3 ETH
7100 XLM
999 RIPPLE
500 TRON
300 VERGE

>> No.5877048

started with 7k 3 months ago sitting on 185k now lol,

>> No.5877116

>>5876960

Ok I'm not trying to talk shit, just being honest. I started with 5k a week and a half ago, and now I'm at approx 18k (my portfolio is posted in this thread)

You should have way more than 17k by now, don't get me wrong gains are gains but for crypto you could me making (or losing) way more.

Imo, you need to take that 7.3 ETH and put it into smaller coins that you think will blow up. Watch youtube videos, carefully watch the shills on biz. ETH doesn't increase quickly enough to warrant it being such a large portion of your profile at this stage.

>> No.5877175

>>5876535
What didn't you like about the nodes? Curious and always happy to hear an honest opinion.

>> No.5877266

>>5876414
Can you tell us why this is true?

There's no real reasoning behind it, it's all about percentual gains and it's not like you can do more and more research right? Why have your money in 3 coins when you don't know if those 3 will moon, or 3 other equally good coins?

I mean you could've gone 150x with Rai if you had gone in one month ago with any amount. Imagine just putting in 100 euro and ending up with 15% of your total portfolio in gains?

Diversification in crypto is bad if you do it at random, because of the abundance of shitcoins. But there's easily 20+ projects that are solid, potential moonshot investments.

>> No.5877273

>>5877116
I honestly don't even know where to start. I just feel lost and disheartened knowing that I should be making way more money way faster and it's getting to me.

>> No.5877292
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5877292

>>5866683
I feel the same way. I didn't want to make my own thread about it but I've always had shitty eyesight. With crypto and /biz/ I was able to turn my part time summer job money into something greater by making a lucky trade on WTC in order to get LASIK eye surgery. Now I see at 20/15.

>> No.5877478

>>5876704
I bought ZCL and have just been holding because there's bitcoin private fork later this month so I missed out on a couple of moons. Hopefully this'll make up for it

>> No.5877549

>>5877266
You answered your own question. If you find 20 good projects, by all means, invest in them if that's your strategy.

I prefer to bet hard on 2/3 coins when you have less than 10k. It'll grow much more if you hit the right ones. Being spread out is safer but returns are much lower.

>> No.5877746

>>5877549

>It'll grow much more if you hit the right ones

But if you don't, you won't grow :/

>> No.5877969

>>5877746
That's why it's a risky investment. It all depends on your risk assessment. If you don't like risk, nothing wrong with your portfolio but you'll grow slowly.

I am not risk averse. I bet big and if I lose, I'm willing to take the loss but since it's not a total gamble, with research you can get an hedge.

So far it's played out well for me but that doesn't mean it'll always be like that. Only thing I can do is research, invest and wait.

>> No.5878453

>>5877266
> it's all about percentual gains

I disagree. It's all about hard cash. Although the percentage is the same, It's very different being up 10% with 100$ or with 10k$.

>> No.5878752

>>5878453
How do you decide when to sell?

>> No.5878998

>>5878752
I have my portfolio divided into long holds (6 months to 1 year, unless something really kills the project) and short term holds (1 month or less).

The whole point of the short term holds are to give me more money to funnel into the long term holds. When I hit a 2x on the short therm coins, I sell half and put the proceeds it into the long term ones.

The rest I let it grow to flip into another short term coin.

Rinse and repeat. It's a conservative approach since sometimes I could sell the short term coins for more than a 2x but I learned not to be greedy.