/biz/ - Business & Finance

[Anonymous No.6177244]

Hey /Biz/, I am new to crypto and put 10 dollars into BTC to see what all the hype was about (Yes, I am extremely poor), is bitcoin a good idea? If not, what shall I do? (Yes, I was retarded and didnt get a $10 bitcoin code for coinbase)

[Anonymous No.6177310]

>>6177244
lol it will cost $30 to move that $10. You would literally throw your money in a hole. Buy BCH. Fees can be less than a cent.

[Anonymous No.6177313]

fuck off normie

[Anonymous No.6177353]

>>6177313
KYS nigger

[Anonymous No.6177409]

>>6177310
Agreed, if you are looking for a big hole to throw your money into, might as well choose a big one. And bch is the biggest hole going.

[Anonymous No.6177422]

>>6177310
Well fuck, is it worth waiting for the prices to go back up (I bought now because prices are low) and sell, then buy BCH? Why are fees cheaper with BCH?

[Anonymous No.6177459]

>10bucks

Why bother? Even if you find a X10 coin all you get is 100 bucks.

[Anonymous No.6177519]

Some people aren't cut out for this. If you know you're a normie I'd recommend putting some cash into LINK or REQ and forget about it for years.

[Anonymous No.6177533]

>>6177459
My man, 100 bucks to me is quite a lot, I have enough to pay bills and live off of noodles, thats it.

[Anonymous No.6177613]

>>6177244
Here's good advice, you'll need $100 though. Google everything you don't understand.

>buy ethereum
>research low market-cap coins that have recently left their ICO
>go all in on the coin that looks most exciting to you

Wait a few weeks or months. You'll either 5x your money or lose $100. Be prepared to lose anything you stake.

[Anonymous No.6177625]

Crypto ain't for you kid hop off the train come back in a couple of months and buy my bags

[Anonymous No.6177675]

>>6177533
I wouldn't even bother. Your make more money in less time doing surveys and other shit.

That being said go all in on fun.when the product launches you can at least gamble with your tokens.

[Anonymous No.6177807]

>>6177613
Ok right, im starting my first shift next week, so when I get payed I'll do that

[Anonymous No.6177873]

>>6177613
If I had balls I'd take 10k € and invest 50€ in ICOs until I'm out, then wait in my chambers for something to happen

[Anonymous No.6177881]

>>6177807
Good luck poorbro. I didn't clarify, but generally you need ethereum to buy the small marketcap coins that i mentioned, which is why I suggested it.

[Anonymous No.6177953]

>>6177881
Ok, so buy ETH, and buy small coins, noted. Thanks.

[Anonymous No.6178019]

>>6177953
With such a small investment its the only way you'll make money, but just understand it's obviously risky.

[anon No.6178099]

Don't put in such a low amount in bitcoin, god I could have imagined the wait. Bitcoin is crashing whilst ethereum is going up, if I were you put it into lower coins (not xrp dumfuk)

[Anonymous No.6178100]

>>6177953
Not small coins, but all in on one small coin. If you've diversified too much then you'll remain around the average of $100 as some go up and some go down. You want to get lucky and hit one that goes up by at leaast x2. Which isn't that out of the question in this market if you get in early enough.

[Anonymous No.6178190]

>>6178100
Ok, all in on one. How often do you think Biz is correct on what coins are going to make alot of money? (Im asking a Biz browser if Biz is a trusted source, seems non-biased enough)

[Anonymous No.6178277]

>>6178099
I googled XRP, and it looks like Ripple is really popular in the media right now, im assuming thats bad?

[Anonymous No.6178417]

>>6178190
It's very touch and go. I've found a few gems on here, some anon on here shilled me on dragonchain in december which has risen ~5x since then.

If I were you I'd go all $100 in on SPHTX provided it doesn't go much above it's current price ($1.10) when you're ready to buy in.

[Anonymous No.6178576]

>>6178417
Ok, should I be reading the whitepapers of these coins, I read something about them earlier.