/biz/ - Business & Finance

I come from /pmg/ and would like to know when silver will finally moon

>>25459248
I cant unclick your blueness of the image?!?

>>25459291
Never. Silver's stock 2 flow is very poor so if the price of silver went up, they'd simply dig more of it out the ground making the price go down again.

Silver would only appear to moon if your currency hyperinflated.

>>25459248
Is coinbase good? What are its drawbacks? Is it a good moment to get into crypto? Can i read about crypto somewhere to learn? i have 2k in cash, should i save more and wait, or get now?

>>25459248
this is called a qtddtot thread, if you want to make it easily searchable in the catalog.

>>25459373
yes. drawbacks are high fees. withdraw your crypto into a crypto wallet after. not your keys, not your crypto

What is a crypto wallet? What is a key?

Why is this thread stickied and locked wtf? And why cant i deselect it

Is crypto.com any better?

>>25459248
Where does the term suicide stack actually come from and what does it mean?

Taxes. When I eventually do cash out, I'm just going to play by the rules and pay them. For the sale of Crypto, do I just have to worry about capital gains and income tax, or do they fuck you in other ways? I live in Jew York if that helps.

What does "desu" mean and how is it properly used?

/pol/ fag here. Why am I so filled with rage?

>>25459796
because you know too much stop asking questions and eat the bugs

What's the best crypto wallet?

>>25459682
Someone explained it as the minimum you need to hold to not kill yourself when it moons

>>25459770
NGMI desu

>>25459248
where can I find info on cryptos?

>>25459796
Too little xenostrogens

>>25459248
i accidently sent my bitcoins to the wrong address is it possible I can contact a bitcoin admin and try to get my coins back? Anyone know how I can get ahold of Satoshi Nakamoto perhaps? Any thing helps. Thanks.

>>25459373
Use Coinbase pro. Your yield will be higher. Buy at market until you learn to read order books. Literally no books about crypto needed. I recommend mining airdrop farming and staking rewards until you can intuitively work with the system. This is the best way to learn crypto. You won’t make a profit but you will gain an education. Super dumbfag way that also works is just buy and hold a little btc and eth as a portion of your savings maybe 10% to protect you from fiat collapses

>>25459248
came from the wasteland that is /pol/.
how to trade better? Just getting into trading semi-seriously and I keep buying too late and selling too early then getting pissed when I lose or don't make bigger profits

>>25459796
because you didn't buy BTC in 2011
>>25459770
desu
>>25459763
Just do TurboTax they will handle it for you, probably for free too.
>>25459649
Yes, their debit card is nice as fuck too. Their purchase fees are high so use coinbase as entry and then transfer to Crypto.com

>>25459931
Simple. Just retrieve your coins using your wallets updock feature. If no one claimed the tokens you’ll get them back

>>25459248
I bought 1 bitcoin back when it was 3k, I am now getting worried enough that I dont actually own it since I used robinhood at the time.

>whats a good service or app to trade stocks and crypto?

im thinking of selling all of my stocks and crypto off robinhood to another better service
>also doge train

>>25459876

>>25459248
No spoonfeeding tourists.
DYOR and lurk more.

Am... am I an old fag?

I haven't seen a single post today discussing buy or sell walls. Just SHILLCOIN to the MOON posts.

/biz is dead.

>>25459991
stop trading, unironically.
>>25460036
yeah you need to do that asap. Just use coinbase pro and transfer to exodus.

>>25460105
no you are just a fag LOL

>>25460005
wallet updock feature?

>>25459991
stop daytrading you nonce and just hold

Would you rather have 1 Bitcoin or 33 eth?

What the hell do I buy? FOMO is hitting me hard.

/his n /pol here. How do I change about 5K into BTC? I mean where do I do it? Kraken? Binance? Bitcoin.de, Bitwala ?, Where do I best buy Bitcoin paying with Euros or Dollars? Lowest fees? And whats about Taxes if I want to withdraw?

>>25459248
I'm from /ck/, my question is, how can I be sure of the actual gender of people in the pictures posted here? You weirdos seem to have a taste for pictures of men who look like women, it's very confusing

When will borders open again for travelling so i can spend my gains on hookers?

>>25460272
Yes

>>25460428
coinbase and gemini are good. every crypto-to-crypto transaction is taxed, and it's taxed like stocks

Wtf is liquidity?

>>25459888
google
>>25459863
metamask for ethereum, ledger for a hardware wallet or trezor

>>25460437
there will be disclaimers warning you such as TAM, meaning that's a man. but to be honest, we like our women to have pp's here.

>>25460600
money going around, if there's no one buying or selling there's no liquidity

>>25459248
My buddies tell me to have a more (((diverse))) portfolio, but I only hold BTC and a bit of ETH. Why should I hold other coins as well?

>>25459863
Electrum for bitcoin
all other cryptos are worthless scams so dont bother with them

>>25460600

How easy it is to buy or sell your investment.

>Apple stock: High liquidity. When markets are open, you just press buy or sell on your phone and you are now one of the thousands of buyers and sellers.
>Boomer house: Low liquidity. It takes months to buy or sell it and you pay thousands in closing costs at both ends.

>>25459763
Yes just make sure to include crypto to crypto trades and use a consistent method for calculating usd value for all gains. The IRS makes sure you don't jew them with hollywood accounting

Should I pay $300 for 'gas fees'? Is that a one time thing to be able to use ethereum? Or is it a scam?

>>25461216
that is for every transaction, you'll save fees if you put it in an exchange because you don't have to pay absurd fees
might even be better if you buy coins directly from the exchange and use it there or buy a non-shitcoin with low transaction fees and transfer that to an exchange

What is symbol for nigger and where do I invest niggers. Niggers are forming a cup and handle

>>25461216
kek no, it's every transaction, don't pay $300

Someone posted tax related stuff but one burning question I have is - if I live in burgerland, and just hodl my coins and don’t trade, do I need to pay taxes on the value they accrue if there is no trading? Or is it only when I cash out?

>>25459248
I come from /pol/ and I want to know why you fucking faggots convinced me to buy GRT

>>25459248
What the fuck is crypto and how do I learn more? This all seems like 200 IQ shit to me.

>>25461907
lurk moar jesus have they never taught this when you first arrived on /b/
anyways, most of us including me are retarded just know when something is a proper shitcoin and when something is a pajeetcoin

GIMME BREAKDOWN


SATS
SUICIDE FUND
BURN
PUMP AND DUMP
TAX ON CRYPTO

>>25461907
start here.
>https://coinbase com/earn/comp/invite/4rzp6tmn
It isn't as complicated as it seems. This is a referral link btw.

>>25461974
>sats
a division of a bitcoin
>suicide fund
the amount you need to not kill yourself when crypto moons
>burn
tokens being destroyed to counter inflation
>pump and dump
number go up then number go down
>tax on crypto
legal theft.

Now shut the fuck up

can you guys at least just read on some basics before you ask any questions

>>25459248
I hate this pepe, please let me unclick

>>25459936
dumb question, but are the red listings in the order books the prices that people are willing to sell at, and the green what people are willing to buy? What do red and green indicate on the trade history bar?

Also, is there any crypto worth mining anymore?

>>25459248
Redditor here.

What exactly does LINK do though?

>>25459248
/pol/ here

What is the most nazi coin?

>>25462555
magic. can make your net worth disappear

Any exchanges that are trading DONUT? I want to cash out but it's been $30 fees minimum for about a week on uniswap & co.

/pol/ here, where can i buy bitcoins without using any bank account? i have all my money in cash

>>25459248
Is this top for btc and eth

>>25459248
teevee.
How long does alt season last?
When do I know to switch back to BTC?

>>25462863
bitcoin atms, just google it

>>25462863
bitcoin atm. there are some in every city

What’s the best wallet? I have all my stuff in metamask but it’s basically soft locked in there because of the high gas prices.

/brit/ here
what’s the best wallets then lads?

>>25463431
Forgot to mention, I’m from /k/.

Whats the best alt on cuckbase that I can get into right now with USD?

/fit/

is it gay to cum in an asian traps ass?

>>25463493
/fit/ here
no

>>25463532
what if (s)he cums in your ass

>>25463374
>>25463355
cool, there are a few in my city

/fit/ here
Is it safe to give all my info to binance (since their service is now kyc)? Or did i get (((jewed)))?

Also, how many taxes are there on binance? It seems they tax deposition, withdrawal and exchange, but by how much?

Why does alt season occur

>>25459770
desu you just gotta find out on your own

I want to get in on the crypto hype and stocks in general.
Where the hell do i begin? Any good pdfs or youtube videos for complete retards?

why are there so many booba on this board

even if there was decent advice here I couldn't focus enough to absorb it with all the ass and titties I see here

>>25463998
just go to coinbase and buy some

What happens to BTC after there are no coins left to mine?
Who is gonna compute the transactions then?

Attention newfags: Do not buy LINK.

>>25464149
Why bru

>>25464149
don't buy link so I can buy more*

>>25460600
Water

/pol/x/schizo
I'm 100% GRT right now. What do for max gainz?

>Boomer shithead father talked me out of buying BTC when it was 20k
>Its now 30+
Can I still buy into BTC or should I just wait for it to crash?

>>25464340
LGCY

>>25459373
Cuckbase is only good because they now allow instant USD deposits so you can start trading immediately
It's bad because their fees are half a percent (0.5%) per trade as opposed to say Kraken which starts off at 0.16% per trade
Always do a limit order for the lower fees

>>25459936
Use coinbase pro, yes, but the other stuff is unneeded bullshit
You don't need to "read" an orderbook because whales and normal people place and remove their orders all the time so the orderbook is a mirage
Just put a limit order (an order where you set the price you want to buy/sell at) like +/- $10 of the price and it will get filled usually in a short time
Depending on what you want to invest in crypto Idk why you would ever need to "airdrop farm" or do staking yet, just hold bitcoin, maybe some ethereum, and definitely chainlink
It's more important to understand the 4 year market cycle (check out all of Bob Loukas' stuff on youtube)
Right now we are at the very beginning, the very foot of the incoming golden bull run
The 4th and final year of the cycle in which we see a dick-splitting bubble in Bitcoin's price by the end of this year, and then usually a -85% of the ATH in the bear market to follow

>>25459248
/tv/ and /k/ here, I have a modest BTC stack along with some other more significant investments. What books would /biz/ recommend for someone who wants to understand how the world of money works?

>>25460353
You have a chance right now at cheap BTC

>>25461766
No. You only pay tax on capital gains OR if you receive "free" coins through mining or airdrop. In that case you count it as other income valued at the time you received the free coins. Then treat it as capital gains.

>>25459248
Thanks for making this thread and everybody responding and giving advice ITT.
I've been here for 5 months and I'm still learning so much every day. I'm a little baby. I don't think I'll feel qualified to give anybody advice beyond "buy low sell high" even months from now.

>>25459796
Because /pol/ convinced you that your failures as a man were the fault of kikes

>>25464615
I don't think people write books anymore anon, lol
All the investment books I've seen are at best boomer knowledge
At best I've heard the Bitcoin Standard is good but I haven't read it myself

If you want to understand bitcoin, watch the videos of Andreas Antonopolous for any questions or misconceptions you might have,
Bob Loukas is good for understand the market cycle, George Gammon is a doomer but he does explain how the Fed works in clear detail in some of his videos
Also Belang on youtube is good with various things about macro econ, the money supply, etc

>>25464773
That's the way it is
I jumped into eth in 2017 after having seen what happened in 2013 and with no other information, just following the memes and learned about everything else later
(BTC maxi now lol)

>>25460105
Yes u are fag

How do I buy those new shitcoins that are yet to be listed on any exchange?

>>25460322
33 ETH, because I can turn them into at least 5 BTC

>>25463431

Keep it in your wallet unless you're looking to trade.

Too many exchanges go down, taking users' money with it.

>>25459248
/pol/ here. Is btc pro jew or anti jew?

>>25464872
>BTC maxi now lol
what does this mean

>>25461974
Lurk moar faggot

>>25460353
Yes BTC is at mega discount seeing that it’ll be 100k EOM
>>25460437
You start fapping to trannys on purpose, this way it isn’t a problem if you do it by accident ja

>>25459763
You want to get in for long term capital gains taxes
That means holding the asset for at least one year, say one year and a day
Short term capital gains taxes will rape you up the butt, it's basically income taxes

>>25464966
It means I'm basically all in bitcoin
I'm not actually ALL in btc, I have a good bit of Chainlink too but I believe that btc will make it first
Bitcoin leads the market, altcoins follow

>>25464697
to clarify every trade is taxable for capital gains. "cashing out" has no impact on if something is taxable

>>25464026
most people here are shills
boobas atttracts attention
attention = more yous

>>25464965
Pro. Anti. Depends on jew.

>>25459248
/pol. Can I keep doubling my money on dogecoin

>>25459248
if i live in CA but move to portugal (in minecraft), can i avoid taxes

>>25462722
According to liberal MSM it is all racist since it is exclusionary toward women and pocs as it takes a good deal of composure and cognitive capability in order to even get started (paypal seems eager to change this though)

Is 110k networth good for a 24 year old?

>>25459248
what crimes did this kong commit?

>>25465131
We respectfully ask that you don't post mentally ill ppl or tok tik garbage on this board. Thanks in advance.

>>25462966
This is the new bottom

>>25464368
You have noodle hands, grasshopper, and would panic at a red candle. DCA when its below the 20-week MA.

>>25460036
Whats wrong with robinhood

>>25463556
Only if it made you moan

>>25465245
Portugal does have capital gains taxes. But it only when you cash out, it doesn't care about your crypto /biz/ness.

>>25463956
>>25459770
It means you are a faggot round eye genji that the world can rest assured in knowing that you will not be passing on your trash genes.

if I don't cash out do I still have to report my crypto-to-crypto moves on my taxes

>>25465272
Existing while black

>>25465426
Depends on which tax jurisdiction, which exchange you're using, and how you onramped your fiat.
I can tell you UK wants that, Portugal doesn't.

>>25465426
In CA yes

>>25465526
fucking lame

>>25465426
yes for burgers

>>25464872
Thank you, friend

I'll try my best to answer some simple questions which were glossed over

>>25459463
For basics of blockchain it's best to use YouTube, you can learn these things in a few minutes
A wallet is an address on the blockchain which can receive and hold crypto. Each address is generated with a public and private key.
The keys are used to verify transactions. Your public address is like your postcode and your private key is the key to your home.

>>25465305
You don't actually own the crypto that you buy on stockbrokers (nor on centralised exchanges). I used to have my ETH on eToro, I sold it all, transferred my money to my bank account, to binance, to metamask. Now the crypto is mine since it's on my own address and not eToro's.

>>25460064
It's better to have dedicated threads for tourists rather than tourists in random threads asking questions

>>25460353
Put all your money into either ETH or BTC and just lurk. Don't buy random shitcoins if you're new, you'll get burnt.

>>25465572
well when you are well into 6 figure profits, evading taxes becomes literally impossible unless you want to spend a lot of years in jail

XRP is the official standard of qtards

>>25465572
Yeah it seems to suck at first, but I've gotten used to it and it's worth the gains. I have been more cautious about my trades though, I trade a LOT less frequently than I did before I started thinking about the tax problems. Note you can also claim tax losses from crypto-to-crypto

>>25464965
Biz's least favourite man is a Boomer Jew goldbug who hates Bitcoin, but his based son is also a Jew who loves Bitcoin, so... maybe?

>>25465710

i'm thinking i will have to be very careful about my investments now, just to save myself the headache

do you also have to report any defi metamask trades?

>>25464143
Miners will be paid in just the fees generated by each block, as opposed to the fees and the bitcoins that are locked in the blocks.
>>25463998
read investopedia and buy some Eth today. do not buy anything shilled here until you are more knowledgable.
>>25463755
its safe to give binance KYC but since you KYCd you better pay your taxes.
fees are .5% i think.
>>25463484
Eth
>>25463452
Metamask for newbs, hardware or paper wallet for 10k+ holdings.
>>25462969
last alt season lasted a little over a month.
buy btc when it dumps 80%.
>>25462966
top for BTC is imminent though it may be a few k higher than right now. top for Eth is still a long way off probably.
>>25462529
yes
>>25461766
taxes are assessed when you "realize" the gains eithe rby converting to cas or converting to another coin. each crypto to crypto transaction resets your hodl time, so if you swap from eth to link after a week you owe taxes on any increase in value Eth had over a week.
>>25464949
theyre on Uniswap or other decentralized exchanges.
>>25465269
sure why not
>>25465426
yes

>>25464965
Big time anti Jew
Most of /pol/ doesn't understand this
Bitcoin is hard money, deflationary, and rewards savings and thus long term thinking
The dollar is issued by the federal reserve with a goal of 2% inflation per year to siphon money out of the hands of those who choose to save and hold dollars into the hands of the government and for the benefit of the rich

>>25459248
DOES THE PEEPEE IN THE POOPOO?! Pls mister answer question.

>>25464026
3D Boobas are nature's way of telling you the poster is a streetshitter and can be ignored.
Anime boobas are exempt from this rule.

>>25460807
Don't. Diversifying might be a safe strategy during an altcoin season, but right now it's BTC and ETH season so why divest.

>>25461767
Google of crypto brahhh

>>25461974
Token burning is when crypto developers send token to a non-existent address which means it's lost forever. They do this to decrease supply and counter inflation.
Pump and dump (pnd) is a huge demand causing price increase followed by dumping at the peak.

>>25463452
haha alri /brit/ lad

>>25463431
Nigger wallet to wallet tx are like a dollar max.
How poor is you?

>>25465912
>buy btc when it dumps 80%.
But just so you newfags know, based on where we are in the market cycle, we will not see prices under $40k, maybe even $60k after this year
That's also assuming we do indeed have an 85% correction in 2022 as is historical precedent

>>25465949
digital gold meme
but jew loves gold

>>25459248
Wtf is the point in tether?
Why wouldn't i just sell for plain ol' usd?

When staking is live, will staking Chainlink be possible with only 200 LINK? I can't run a node, but can I still stake and receive a growth?

>>25466155
Clever, anon, here's your (You).

/gee/ here. Soon I'll have 180 000 € for selling my apartment, wat do?

>>25466141
Jews don't actually love gold nowadays
Worried boomers do
Jews are in xrp

https://youtu.be/Ul3X5P_RSb4

>>25463904
As bitcoin stagnates or goes down the BTC dominance (in market capitalisation) goes down; the money goes to altcoins as opportunistic people want to make profits

>>25463998
You can go to youtube and search for "crypto for beginners", "blockchain for dummies", "finance 101" and other terms. Just read and watch videos for at least a week though realistically you will always be learning.

>>25464170
LINK holders will literally spam the entire board every time their shitcoin goes up $1. He's just telling you to ignore it and not FOMO in.

>>25464872
>Andreas Antonopolous
Based, he's also excellent for any crypto safety questions you have. I watched his video and immediately put 2FA on my Google account, removed my phone number and changed every password.

>>25463998
/smg/ stock market general threads has a good QRD on first post.
>>25464615
The creature from Jekyll Island
The Bitcoin standard
The sovereign individual

So i've decided this is the year i really get into crypto now that I have a little extra money to play with. I have some in btc and eth, wondering what to even look for in smaller shitcoins to make a worthwhile profit by the eoy

>>25460005
What's updock?

>>25466216
bumping my own q

>>25466235
all in on GRT

>>25459248
Is lite coin worth buying now

What is the best way to store your crypto? I'm done with coinbase

>>25466255
Oh no, looks like another 6 million, and they'll only have themselves to blame.

/mlp/ here, been here for months and made good money

>>25466426
Unironically chainlink. 2020 saw it go up incredible amounts. I think right now if you look at the year chart it's over 600% growth, and over 6,000% all time. It's been a little turbulent with price right now, going between 11 and 13, but I think if you're looking for a long term hold or even just 1 year like you said, Link will get you returns.

>>25460807
Pol, and what is up with tether? I am scared to get back into the market until after the 15th.

Also, is there a defi version of something like kucoin lend, where you place a daily rate and post it like an order? Got 2% a day sometimes off that for tether.

>>25459248
>Post the board you're coming from and your question in this thread.
I'm from papercraft & origami
How can I make money from having sex with prostitutes?

>>25459796
Because you wasted precious time crying about how bad the world is and doing nothing about it. You could have spent that time /making it/ instead.

>>25466216
>>25466486
Anon, real chainlink staking on mainnet isn’t coming because there is no fucking mainnet yet.
There will just be a normal staking on ethereum like all other shitcoins have without the yield farming memes.
arbitrum is the last hopium for LINK hodlers.
Also exact staking details aren’t out last I checked.
>>25466514
Stick to BTC, but yeah Litecoin can get a good pump as long as BTC is pumping.
>>25466528
Ledger, only if you have a good chunk in crypto.
>>25466659
https://zapper.fi/

>>25460807
At some point you should diversify into other asset classes (if you haven’t already) so you don’t get completed JUSTed when crypto crashes. And that WILL happen at some point. There’s no need to buy random altcoins.

>>25466318
Thank you as well

>>25460807
some altcoins can do 100x's but they are risky and hard to find. stick to BTC and ETH. eth has upside for returns because of a smaller market cap

>>25466791
Isn't pooling based on a fixed interest rate instead of, say, placing your own rate on your own? I have been able to get 2% a day off tether on kucoin, so I am trying to replicate that but on defi where I don't have to worry about an exchange.

>>25466636
>incredible amounts
Dude everything did a 10x if you compare the March price to the August price. LINK is priced out now.

>>25459248
Which site is the best to trade crypto? And how does one construct DD to find the best coins? I’ve lurked here for months but I’m mainly from /pol/

>>25459248
how do i turn $100 into $100k?

>>25464615
>What books would /biz/ recommend for someone who wants to understand how the world of money works?
Pic related.

d/ic/k here have any of you guys paid any sort of tax on crypto?

>>25467556
read the thread you fucking idiot

Sold my eth just now
Good decision?

>>25467625
besides those already recommended, the best book on Ethereum is: The Infinite Machine by Camila Russo

>>25467697
no. we are literally at the beginning of a new bull market and ethereum will be worth thousands at the end. hold newfag

>>25467697
Buy it all back right now or rope

>>25467403
Kucoin is paying you 730% APY on Tether?
Sounds bs to me.
>>25467697
Swingies eventually get the rope and unless you’re creatively managing taxes get fucked by taxes as well.

Why is /biz/ obsessed with link?

I came from /g/ but I started stonks in May. I also acquired 35 LINK thanks to being here. I guess I don't really have a question. Just mostly lurking.

>>25467978
severe autism in 2017 led /biz/ finding out about dozens of big partnerships before they were announced. now in 2021 chainlink has hundreds of partnerships and they are a top 10 crypto.

i cant believe im revealing all of biz's secrets

>>25467929
I can time the loan providing market. Its not a "do whenever you want for however you want" sort of thing so its not for everyone. So I'm looking for a defi way of doing it since exchanges still make me nervous especially since I haven't kyced myself, and want to keep it that way.

>>25467978
Because it’s /ourcoin/

>>25468075
If you want to do lending BlockFi and Celcius are both great. Both are regulated and you can lend Tether on both platforms.

>>25459991
Day trading doesnt work

(for you)

BTC - Digital Gold
Eth - Essential an OS crypto currency (can create tokens within the ecosystem)
LTC - Digital Silver
XRP - Centralized, regulated, banker coin (ignore the SEC lawsuit its means nothing)
LINK - Data to power smart contracts
XMR (Monero) - Black Market coin, total privacy.

Quick recap since all of you are new. In my opinion these are the best to buy (yes even XRP) just dont be a retard). You allocate more in BTC and ETH tho

>>25468178
Nah, they need some kind of KYC which I am unwilling to do. Besides, those are more styled on pools than what I do. Think of it like a market order, but its for p2p loan contracts for an amount, time period and daily rate that you set. Then you wait for someone to take your loan contract, so this is not the same as a liquidity pool, its loan contracting. That's what I do on kucoin, so I'm looking for something defi based without kyc that is like that.

>>25468421
Even though I don’t own any from below you need to add:
DOT - Layer 0 solution basically can complement Bitcoin Ethereum and any other protocol to make them more scalable.
ADA - Closest a coin has come to being an eth competitor. Massively behind in terms of features and network effect.
Celcius - FinCEN and SEC approved lending and borrowing platform.
Doge - Purely meme coin, can really pump In a bullseason if you believe in memes

>>25462381
generally red are sell orders (asks) and green are buy orders (bids). what you're seeing is called "limit orders" people or bots have placed. you specify that you want to buy or sell X asset at Y price and it goes in the book. If it reaches Y, your trade is (hopefully) filled/executed.
you can read about different types of orders
https://www.investopedia.com/investing/basics-trading-stock-know-your-orders/

>>25459649
No
Use Coinbase

newfag/poorfag here. wondering if its even worth waiting for dips in eth or link to invest or if it just doesn't really matter because the value of the coin should keep increasing in theory.

>>25469468
>should keep increasing in theory.
infinite supply

>>25469468
You should DCA in (dollar cost average google it) but if you have very little money just get in whenever and unless your life depended on that money, just hold.

>>25467647
Yes, unless you got your crypto via live transfer (someone giving it to you so it cannot be traced back to you from an exchange) be certain to put it on your tax. If you don't your gonna get fucked. There are also some things you can do with XMR that can make your wallets go dark but that'd take too long to explain to a newfag.

>>25459248
/cgl/ cosplay

Im a girl and i dont understand how to buy bitcoin, I want someone to help me and in exchange Ill send you pictures (no face if you want nudes)

>>25467647
Don't be an idiot and listen to the larping here, just pay your taxes. It's theft, like all taxation is theft, but good luck convincing the IRS that they're morally illegitimate and violate the constitution.
There's a reason that so many of us non-shitcoinners HODL and only switch coins when we're no longer convinced in the fundamentals of a coin. It's the best way to avoid the pigs, not Irvine Schift wannabe bullshit.

>>25469637
Don't offer your body, that's pretty slutty tbqh, and that's a bad thing.
Just listen to this autistic robo-chick, it's what I did.
https://www.youtube.com/watch?v=sEtj34VMClU

>>25465245
Puerto Rico Act 60, fellow Californian here now Puerto Rico.

>>25469637
fucking retard is it that hard to follow instructions from google?

>>25469637
You are too late, just suck some Bitcoin Millionaire Incel off. There enough on this website

>>25469637
neck yourself tranny no matter how many pills you take you will never be a real women

>>25459248
What exchange do i use BESIDES coinbase

Also is a ledger even worth it? kek

I'm coming from /v/ and /lit/. Any other europoors ( Romanian especially ) here? What the fuck do I use to start getting crypto? I saw some shitty ones like eToro recommended but I'm not sure if I trust it. God, I just wish I could use american stuff since it's so popular and you can find so much information if you google it, compared to romanian brokers that all seem shady as fuck to me.

>>25459763
Get a self directed roth ira. Couple of thousands to set up and couple of hundred a year to maintain.

>>25470566
If you're a burger, Gemini. Kraken if you already have a wallet.
If you're not, Binance.
As for hardware wallets, go Trezor. Ledger is closed source and they keep customer records.

>>25470770
Im a burger and currently use binance us, guess ill use gemini, but im only investing thousands of dollars , so is a trezor even worth it?

>>25470888
If those thousands turn into tens of thousands then yes a Trezor will be worth it

>>25470629
Binance
If you want something European, Bitvavo is pretty good because of the low commission but I only use it because it supports iDEAL (Dutch payment system).

Where's Kraken ranked based on the fees? Good or shite?

>>25470888
For newfags that are just doing some gambling and aren't all in on the crypto hyperinflation-hedge timeline? Not really, to be honest, as long as you're using a service that gives you the ability to move coins off if you ever want to. So no PayPal, Robinhood, eToro, or whatever Zoomer finance services sell BTC nowadays.

>>25459770
Honestly

>>25471073
>>25470979
ok good point, so kraken is my new favorite, but why the fuck are the fees so fucking high, holy shit ill just use chinknance

How to make it as a poorfag?

Why is tether used over USDC?

>>25471125
I mean GEMENI***

I've been out of crypto since the last crash 2 years ago. So my portfolio is out of date except for Graph

What's new what's hot etc. I have a few K I can throw into the wind here instead of my usual stock investments

>>25470566
>BESIDES coinbase
am i missing something? Why would you need to use multiple exchanges?

>>25471235
I dont have access to coinbase, whats the next best thing?

Is it worth it to subscribe to the Wall Street Journal and/or other publications like the Economist? Will the information in the articles help me stay informed? I want to step out of getting my news from 4chan/instagram/word of mouth.

>>25459248
/pol/
Is it true that /pol/tards come here when they finally grow up mentally?
What does /biz/ thinks of niggers and jews?

>>25459248
when will ETH hit $975 again, i bought the top and want to get off the ride ASAP, i'm too weak

>>25464851
yeah but that's a given

>>25459248
Is this a reddit wiki?

DO i buy

BTC
ETH
BCH
LTC
FIL
LINK
ZEC
SNX
UNI
or YFI?
or doge?

>>25460038
desu, ngmi

>>25459248
NIGGER NOGGER NIGGER NIGGER NIGGER NOGGER NIGGER NIGGER NOGGER

>>25459248
Coming from no board but very new. Looking to learn as much as I can

>>25471745
im doing no fap. pls don't post lewds

>>25459248
NIGGERS

Is ETH or BTC better?

Tax! When I cash out crypto what do I do? I'm Irish by the way

>>25472048
>cash out

Ngmi

>>25459770
https://knowyourmeme.com/memes/desu

I got into crypto because it looked like a genuine cool way to make cash and saw so many people doing what I want to do get so rich off it. However I keep getting sad that BTC and ETH have gotten so high in value because Im a poorfag so it’ll take a while to even get one ETH and even one BTC. Is it possible for me to make seriously good returns like everyone else has or has the train left?

>>25471919
how many days in are you?

>>25472027
both

>>25472077
>Ngmi

rude

What math and other knowledge should you learn to actually know what you're doing here?

I'm thinking algebra, calculus, economics, business, finance, and tax preparation/law. Anything else?

>>25459363
Which it will do.

>>25472528
are you retarded? you don't need any of that. you need money and turbotax

ATTENTION

ANYONE TELLING YOU TO USE COINBASE IS A NEWFAG RETARD JUST LIKE YOU

IF YOU WANT TO BUY CRYPTO WITH FIAT, USE KRAKEN OR BITSTAMP
https://www.kraken.com/
https://www.bitstamp.net/

IF YOU WANT TO BUY SHITCOINS, USE BINANCE
https://www.binance.com/en

IF YOU WANT TO TRADE WITH 100x LEVERAGE (USE YOUR 0.1BTC TO TRADE 10BTC), USE FTX
https://ftx.com/#a=fornewfrens

this is all you need

>>25459248
With Ethereum mooning does this send gas prices through the roof? And is that in turn why we're not having alt season?

>>25472609
I see, so we all know as much about finance as any inbred who buys a lotto ticket. Good to know.

>>25472713
no, increased network activity increases the amount of ETH needed to spend for a transaction to go through. since the price of eth is going up, transactions are more expensive

>>25472742
if you really want to learn more, you don't need to learn math. listen to people in the industry explain what Bitcoin or Ethereum. watch some videos by andreas antounopoulus and vitalik buterin

How does Tether work? I simply don't understand it. Why don't we trade using simple USD instead?

>>25467978
The story goes something like this. Basically a bunch of 4channers tried to force link as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnerships came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during the alt bear market lots of anons and took advantage of this and fudded this coin to all the late money and newfags that bought in January and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like STA) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team.

>>25472824
tether is pegged 1:1 to the us dollar. when people want to get out of bitcoin or ethereum and back into the dollar (perhaps because they think the prices might go down), they buy tether

>>25472824
also, not every exchange is an onramp for USD, so there is a cryptocurrency that replicates USD, which is Tether

>>25472191
In past cycles bitcoin pumped first, then the big market cap altcoins, then the mid market cap altcoins, then the small market cap altcoins. However, this cycle is already different then the other cycles.
There is not much chance you will "make it" starting with that amount though.
Don't be too harsh with yourself.
Do what you can. There will always be other opportunities.

What is DeFi and what is Uniswap... isnt Uniswap basically like coinbase...

>>25459363
silver is not for earning. It's for not losing.

Why is this the only board with IDs?

>>25472924
why don't they just buy dollar instead? why do they buy this USDT which is made out of thin air?

>>25472984
uniswap is decentralized, coinbase is owned by a company. nobody runs uniswap. it's simply a smart contract (code) that lets people exchange coins on Ethereum. defi is basically the entire banking system being recreated on Ethereum but is decentralized without banks so anyone anywhere in the world can get loans, trade stocks, etc

>>25472984
Uniswap is a decentralised exchange.
Coinbase is a centralised exchange.

With a decentralised exchange only you have the private keys, unlike a centralised exchange because they hold your private keys.

DeFi is a system of finance that utilizes protocols, digital assets, smart contracts, and decentralized applications (dApps) on Ethereum to build a financial platform that's open to everyone.

>>25473042
Someone deposits a dollar into a bank and then mints a usdt token to represent it. The problem is tether has not been audited to see if that is actually what is happening.

>>25473042
not every exchange supports USD but people want to be able to move into a dollar

>>25473128
Well, I understand this... but why use USDT? Why don't we all simply use USD?

This thread is the biggest sell signal I have ever seen.

>>25473153
This does make sense... I was also thinking it could be some tax-related shit...

>>25473171
fren, read the responses. not every exchange has USD so they need to use Tether

I repeat, why is this the only board with IDs? someone answer me or ill make an entire thread about it

Who controls tether? Same institutions that control dollar?

>>25473226
Not gonna answer if you're gonna threaten us
You can for all I care

>>25473226
Ever been to /pol/?

>>25473171
Because at the end of the day usd is a physical piece of paper that would have to be shipped around. USDT allows you to go to an exchange that doesn't double as a bank, trade, then move back to a bank. It also allows usd to be geographically locked while its value can move around, meaning people outside the us can effectively use usd.

>>25459373
Pretty much the top. Why would you buy in that has 2'xd it's previous ATH in a few weeks? It's bound to crash down imminently. Bubble WILL pop do not believe those saying it won't

>>25473298
No I haven't, and im not actually a newfag. I've just never been on any board except biz until yesterday and realized most of the other ones don't have ids. so why is that?

>>25473202
Legit. This feels like end of 2017. The top really is in. Back to sub 20k we go.

Bitcoin is nowhere near the top you moron. Many normies bought the top at 19k last cycle, and sold low when it crashed. Those dipshits think btc is still a scam at these prices because they fucked up. Their sheep-like brains cannot register that it was their mistake for buying the top of a 20x yearly parabola, therefore "btc MUST be a scam"
>source: I know some of these people
What does this mean? btc is going to atleast 50k (possibly higher) before the normrods start thinking "hmmm, maybe I should get back into this after all". At which point we reach a new mania phase and dump on them. Its simply nature

do NOT listen to these street shitting niggers. they are either
a) unsure themselves and sitting with their dicks in their hands
b) unironically evil and trying to strip anons from their wealth

*originally posted at 25k when all the niggers and kikes said we were about to go down

>>25473262
A private company does. Its been around for years, and they have effectively and audit coming up on the 15th. People are splitting into 2 camps: Tether is a sham that didnt actually keep a 1 to 1 of usd and usdt and people who think they did. We will see anywhere up till the 15th if this is the case.

>>25473369
>2011: the bitcoin bubble will pop!
>2013: the bitcoin bubble will pop!
>2015: the bitcoin bubble will pop!
>2017: the bitcoin bubble will pop!
>2021: the bitcoin bubble will pop!

what is a good exchange for withdrawing fiat if you're in EU? coinbase wants me to send to some estonian which will tax me out the ass

>>25460807
They want you to lose money on stupid shitty coins as well. Unless you want to dedicate your days to being a pajeet or a nigerian, and try and profit off of different small coin shit, all of which, even the larger ones, are scams, rugpulls and so on, you will only lose on those.
Holding ONLY btc and a bit of ETH is good. MAYBE I would also consider Monero if I were you. Or just anything that dark markets keep using, while refusing to use BTC any longer. Cheers cowboy.

>>25473386
Youre a newfag if youre just now spreading your wings and lurking on other boards. Youre not who you think you are.

So two days ago I bought $500 worth of ETH and it earned a lot. When should I sell? Should I buy more?

What is shorting? Should I do it?

>>25472917
>The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like STA)

All true. But I have to correct you. Statera really is a lot more decentralized than it was last pump. The supply really has dried out as the token is deflationary and will keep doing so rewarding early investors. And no it’s not a ponzi as it outperforms top liquidity pools with only a fraction of the liquidity.

>>25473516
Dark markets are gonna start abusing doge. Time to buy now.

/tg/ here. Are we finally /cyberpunk/?

>>25473561
Imagine we have these guys making more money than those who know about the DeFi and Crypto space. Doesn’t even know what shorting means LOL top is in

>>25473202
Top is in.

>>25473607
Yes, but only with the gay shit and none of the cool shit.

>>25473561
google the bitcoin 4 year cycle and learn everything about it, how it works and where we are currently in it. then you'll know when you can expect BTC and ETH to top out based on previous data

>>25473520
>Youre a newfag if youre just now spreading your wings and lurking on other boards
thats not what a newfag is you fucking brainlet. I've been lurking this board since mid 2017, I'm new because I don't want to spend every waking second of my day browsing some cunt board? Have fun gatekeeping your secret club you absolutely autistic homo

>>25472609

Turbotax for Ireland? I see it's for US

>>25473675

So top around end of this year 2021 or early 2022. Or is this a longer cycle where it could to 2023? Sorry I'm new.

>>25473484
So you think that it will just go to 100k when everyone is anticipating that to happen? Lol, wanna bet?

>>25473659
That's what I was afraid of, friend.

>>25473885
Same here fren, same here.

>>25472191
With such a small starting investment it's difficult to make big returns without big risk
You should invest in altcoins such as $RSR, perhaps Polkadot.

>>25472973
I’ll probably just keep putting in what I can and stick to ETH mainly, better than just leaving my money in the bank

Anyone else getting account restricted messages on Coinbase? Any idea why?

>>25474193
Not sure about Polkadot but RSR actually seems kinda cool and low enough that when it eventually starts getting up I’ll get something out of it without having to pour too much into it. Thanks anon

Is it a bad time to buy buy buy?

hey frens. I live in a country in which the most convienent way to cash out is through selling btc. What would the most efficient way to cash out my uniswap shitcoins be? I was thinking eth->wbtc->btc->my currency (clp)

Does coinbase verification take more than a day?

Financial initiate here, I like acorns simple approach to investing, is there a good crypto version? Or do I just pick one invisible coin type and focus on that?

WTF GAS FEES REEEEEEEEEEEEEE

>>25474915
You need to verify your identity

>>25473675
Graduating residency soon and about to be making decent money as a physician. If this cycle holds true, seriously thinking of socking away Bitcoin when it’s at a stable “low” over the next year or two then waiting for the next 3-4year spike then cashing out when it’s high then switching to alts and just going back and forth over long periods of time. Decent plan or semiretarded?

>>25475049
Yup, sounds like what I would do.

what does chain link DO

im from /b/ and i dont see how bitcoin has any true value other than fundamentals, doesnt XRP have faster transactions and they're nearly free? idk this is my surface level browsing idea

>>25475679
That's the standard plan and how it's been for the past decade.
I'm also in med school. I graduate in 2022 and I hope these bitcoin-altcoin cycles will still be a thing for the next few years so I can keep printing money and retire a few decades early :)

I got into crypto in August with a $30k investment, I've more than doubled that now. It's crazy that I'm making more money than a dentist in my country just from holding fucking COINS.

>>25475813
XRP is centralised, owned by a private company. it's basically just a digital dollar (or it aims to be). Bitcoin is the equivalent of digital gold, or a store of value/hedge against inflation.

>>25475727
collects real world data for smart contracts to use

What's the best exchange for a burger to cash out with? I've always used coinbase pro as my fiat on-ramp, but I'm fully aware of all the problems CB has where it conveniently decides to take a shit and 404 right at the critical times where one might be trying to sell.

I'm not planning on cashing out any time soon, but I do want to make sure I have everything set up properly for when the time comes.

Opinions on XLM? Worth buying atm?

>>25475813
XRP isn't a cryptocurrency. It's just a digital asset. It has all the same fundamental problems as fiat.

transaction times/fees don't really matter. People get stuck on the idea of BTC being equivalent to digital dollars, something that you pay for coffee with. Think of it more like gold. You wouldn't go around with an chunk of gold or silver and try to buy groceries with it, but that doesn't mean it isn't valuable.

>>25475813
This is the most cohesive thought I’ve seen from a /b/tard in a long time.