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/biz/ - Business & Finance

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7603316 No.7603316 [Reply] [Original]

I have $2,000 to invest using Kraken's exchange. What should I buy and hold to make my $2k into $1 million over the next 5-10 years? Right now the two I leaning on going all in on are XRP and XLM. What would you all suggest I do to reach my goal?

>> No.7603340
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7603340

>>7603316
LINK

>> No.7603356

LOL

Buy something like AMB or VEN

>> No.7603367

>>7603316

holding XLM myself and you are not going to get $1M with $2K....

>> No.7603399

>>7603356

HA

>> No.7603505

>>7603367
How much starting capital do you think is needed to get to $1 million over the next decade?

>> No.7603520

>>7603367
What if i'm just trying to get a chunky down payment for a home?

>> No.7603657

>>7603505
50k
Turn the 2k into 50k+ and reinvest it into crypto to reach a million. Turning 2k directly into a million is very hard. You would need to find a coin worth $0.01 and wait until it reaches $100+. It's like asking for the next bitcoin which is unlikely to happen

>> No.7603662

>>7603367

I see it hitting $5 at the absolute max ever... and that's being super optimistic.

>> No.7604050

>>7603505

2000$ is possible. I know people who bought BTC for 200$ and cashed out at over 500k$

>> No.7604625

>>7603520
Right now I have 1 ETH and .032 BTC in Gemini just dabbling a little. I want to expand out and Kraken seemed to be the best exchange by way of customer service and overall professionalism (i.e. they are responsive and don't seem shady). I trying to free up capital piece by piece and right now I am going to put $2k into Kraken. I was likely going to buy $1k each of XRP and XLM. As I go forward, any suggestions on where else I should invest? Is LINK a meme or is it legit? I haven't done much research on it, but I know people on here often push it. Any advice is appreciated.

>> No.7604664

>>7603340
This. LINK has fucking MASSIVE potential. Once it hits main net its going to be too late for you poorfags

>> No.7604927

>>7604664
Is LINK listed on any trustworthy exchanges? Where is the best place to buy?

>> No.7604956

>>7603316
if you're just going to blindly buy what strangers on the internet tell you to, enjoy losing your money. christ

>> No.7605209

>>7604927
Binance. If you use my referal ill send a few linkies your way. just reply back to this with your Ref=22066579

>> No.7605240

>>7605209
>>7604927

with your address*

>> No.7605355

>>7605209
I am registering now, do I only use "22066579" as the referal code? Or, do I need the Ref= as well?

>> No.7605427

>>7605355
binance.com forward slash questionmark then ref=22066579

>> No.7606305

Isn't LINK just a meme or are you guys seriously buying it?

>> No.7606631

>>7606305
help yourself nolinker

>> No.7606699

>>7603316
Step one: Don't use kraken

>> No.7606791

>>7606305
Buy Link.

>> No.7606839

>>7606305
Literally do your own fucking research and you'll realise what this can do. This solves a real world problem with getting non-blockchain info onto the block chain and nothing but link can do it. You all FUDed the fuck out of ETH when it hit in aug 2015. 2 years from now those who buy in now will be millionaires

>> No.7606890

If you were able to get verified on Kraken, just throw a dart at any coin and you will make it with your luck.

>> No.7607036

>>7603316
JNT but not on Kraken. You can use Bibox without any verification.

>> No.7607804

$10000 margin sell xbt 5x leverage

>> No.7608167

>>7603316
Check out eos. Link is overhyped.

>> No.7608504

Alright boys what's the LINK EOY projection?

>> No.7608604

>>7603657
Know someone who started with less than $5000. Was up to half a million. Its not possible in a downtrend, but it can happen again.