[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 67 KB, 600x506, greenwojak.jpg [View same] [iqdb] [saucenao] [google]
24612470 No.24612470 [Reply] [Original]

I am in crypto for only a week and I see a hundred new coins shilled here daily, I could probably get easy gains on the daily based on the information thrown here. I doubled my money and lost it all already.

>> No.24612570

>>24612470
This.
The most important thing you need to remember is JUST FUCKING HOLD.
Or get bogged in 99,99% of a time

>> No.24612590

>>24612570
but the question is.. what do I hold? XRP? Link? ETH, or dare I say.. BTC?

>> No.24612610

>>24612570
>The most important thing you need to remember is JUST FUCKING HOLD.
I held base yesterday and got sheffed.

>> No.24612622

>>24612590
Depends on what do you want and how much you are able to spend.
I am holding everything, because I dont need money fast. I am able to wait 7 years and more, and while I am waiting I will buy more and more shitcoins.

>> No.24612627

>>24612610
Rebase doesn't guarantee positive rebase all the time. Otherwise it would indeed just be a complete Ponzi scheme.

>> No.24612639

>>24612622
let's say I am a student that can afford $20-30 coins a month

>> No.24612666

>>24612627
I am well aware, anon.

>> No.24612715

>>24612639
Same here lol, the rest of the month I spend searching for decent projects to invest 30€ without regretting it.
I hope you will make it bruh

>> No.24612731

>>24612715
wishing you luck too bro

>> No.24612745

>>24612639
That's not a lot, man. I'd suggest putting together 200-300$ and start flipping shitcoins on uniswap. Once you have a couple of grands move on to more legitimate projects on centralized exchanges.

>> No.24613011

>>24612639
this is my situation too. where do you get trustable information about coins? i started in august, but it is really hard... i didnt lost money, on the contrary .but I dont have any strategy.

I bought XRP in august because it was not so expensive and had quiet stable history. This was a retarded way to evaluate an investment. I would like to understand how to rationally choose a good coin to invest in.

>> No.24613079

>>24612745
and what if I am in for the long run? If I put $30 each month into BTC/ETH/XRP and decide to cash out in 5 years, do you see this as a viable option?

>>24613011
I wish I had a source lmao

>> No.24613899
File: 2.68 MB, 384x216, 1569425360902.gif [View same] [iqdb] [saucenao] [google]
24613899

>>24613079
man 30$ a month? You are either trolling or retarded go fucking wagecuck instead of parting you retarded student. 30$ a month ahahahahahah AHAHAHAAHAHHA. 3... 0... dollars... AHAHAHAHAH

>> No.24613932

>>24613899
this, I put in what you would per year every single month

>> No.24613957

>>24612590
I think everyones crypto holdings should be at least 40% BTC
The entire crypto market is still very dependent on it and BTC is the safest bet to keep your wealth in right now

>> No.24613974

>>24613079
With $30 only put it into one asset, the fees would eat away the little gains you make

>> No.24614059

>>24612470
Stop buying shitcoins shilled by pajeets you fucking retard

>> No.24614081

>>24613079
$30 a month is just a waste of your time

>> No.24614094

>>24612470
How'd you double your money in a week?

>> No.24614206

>>24612639
was in the same boat in June, invested 100$ now i have 5k.
Join telegram groups, listen to Benjamin Cowen and look at the graphs, ALWAYS take your profit since you're new.
>>24612745
Also, going to a centralized exchange will probably be cheaper for you since you don't have to pay gas (i never used them tho, only uniswap)

>> No.24614788

>>24612745
Where'd you get the info on what shitcoins would rise? News, TA or fundamentals and logic? Got any tips?

>>24614206
Did you just buy low sell high or also flip shitcoins?

>> No.24614808 [DELETED] 

What do you know about DuckDAO?

Found Medium article about their Crypto Incubator, seems open, share your opinion about it.

>> No.24614908

>>24612470
biz is 90% pajeets trying pump their shitcoins. Only coins worth holding are BTC, ETH and LINK, remember this and you will make it.

>> No.24615396

>>24614908
what about XRP?

>> No.24615691

>>24615396
Ripple ipo one day might be good investment, xrp will never be used though

>> No.24615752

>>24615691
>doesn't know of Flare network and its capacity to make ALL coins Turing complete, even BTC
yeah okay bubba

>> No.24615828

>>24614788
99% of my profits are from flipping shitcoins, also getting in early is not always the best method for getting into a shitcoin - try to estimate the price according to graph and telegram group

>> No.24615850

>>24615828
>try to estimate the price according to graph and telegram group
so instead of actual fundamentals you just look at how big their community is compared to their marketcap ?

>> No.24616008

>>24615850
kind of - I also look at who are the devs and how they treat their community, what's the roadmap and how well they explain to me how they will implement certain aspects of their project (also how different is their implementation compared to a already existing similar project).
TA is good but mostly in the long run and doesn't really work well with shitcoins

>> No.24616089

>>24614206
>ALWAYS take your profit since you're new.
Shit advice. I invested in BTC in september, made like 15% profit and sold right before BTC mooned from 11k to 19k.

>> No.24616121

>>24614908
>>24612470
Like what this anon said, unfortunately it's a little harder to discern what the moon missions are now given after 2017, every man and his dog is shilling their scam shit coin.
In saying that though, meme magic is real.
The times I have seen biz being right is when there are multiple, consistent shill threads. Keep an eye out when the catalog is wall to wall shilling of one particular coin.
This all happened for btc, eth, then link. They were all expeditions to Mars. Keep an eye on your confirmation bias, don't invest in something you don't understand, and only gamble what you can afford to lose. It's all for the lulz but if this is affecting your life for the worse (and I have seen this happen to those with gambling / addictive personality types), get off 4chan. All the best, and remember " It is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God." You've already made it, our Lord Jesus has purchased our salvation through His ultimate sacrifice. Profess Jesus as your Lord and savior and be baptised by the Holy Spirit.

>> No.24616423

>>24616089
>since you're new

>> No.24616433

>>24612470
its definitely not a few hundred, its about a dozen really, and of that dozen, 4-5 are relentless.

>> No.24616497

>>24616089
also, taking profits in the shitcoin sense is taking out your investment when it doubles - since the gas fees will already eat up 20% of your investment (with 30$ as an investment)

>> No.24617178

>>24616008
how do you find new and upcoming projects ? just look at new entries on coingecko ?

>> No.24617873

>>24612470
Everything started with Bitcoin.

As it was open source, some puny losers decided to become billionaire overnight. They cloned Bitcoin source, changed the name, and went public.
Everyone thinks he's smarter than anyone other, trying both with new Hurr Durr Features (Muh Privacy Muh Transactions Muh Anonimity Muh Smart Contracts Muh Partnerships Muh Oracle Mode...) and tricks (pre-mining and shit). Some faggot went as far as shilling their Bitcoin clone as the original (Bitcoin Cash, Bitcoin Satoshi Vision, etc)

So we have a true crypto (BTC) and a massive bunch of Muh New Token Project Partnerships Adoption Devs Disruptive Blah Blah.

>>24617178
Every single Pajeet out there will shill them here before they even start. Just draw some puny logo, make up some epic name, go to >>>/biz/ and claim it's mooning soon. A few gullible morons will rush in just like flies on shit.