/biz/ - Business & Finance

Have like three 5 year accounts. How do I profit?

>dividends

>>23348994
>the design of eth2 is the best compromise of truly permissionless consensus mechanisms and PoS
what a crock of shit. ETH 2.0 is complex as fuck which is a bad move in and of itself because of the potential for fucking shit up. on top of that the retardation of sharding the base layer compromises security such that it will never be more than 25-33% byzantine resistant. to compensate for this abysmal resistance to Sybil attacks they are forced to add an additional layer of complexity (stake slashing) which is just an admission that the security profile of ETH 2 is a pathetic joke. on top of that Vitalik is capitulating on ETH 2 phase 2 admitting that is it multiple years away IF EVER... and please everyone can't we just stop at phase 1.5 and pretend that is ETH 2.
>it really shows that the brightest minds are working on this project.
you have to be brain damaged to even entertain such a laughable position.

>>22513100
>ALGO trumps ETH's 15 TPS with 1000 TPS.
tps is a meme. if you don't know this you're a basement-tier retard... it's a vanity metric and without context it's meaningless and screams dumbfuck shilling. find a different angle
>ALGO trumps ETH's high fees coming in at only 0.0004c per transaction.
every fucking eth killer trumps ETH's fees faggot, find another angle
>ALGO trumps ETH's transaction times with a finality of 4.5 seconds
every eth killer is orders of magnitudes faster, find another angle shill
>ALGO is already seeing widespread adoption across the board with the national digital currency of the Marshall Islands set to launch soon, USDC moving over to ALGO alongside ETH (and will no doubt switch 100% to ALGO alone).
USDC will be multi chain and will be expanding newfag, not (((moving))) to algo
>Let's not forget the 5.6% interest gained from staking ALGO that requires 0 Effort.
ALGO has dumpster-fire incompetence when it comes to tokenomics. the team is way out of it's depth and have all but fucked the ecosystem with their stupidity with regards to tokenomics. find another angle leddit.
>ALGO team is insane and is made up of turing award winners and MiT members.
is this supposed to be a selling point, a meme MiT guy. Enigma had MIT guys, look how that worked out, they turned out to be complete scammers. whenever you market around a cult of personality that is a major fucking red flag... MIT MIT MIT... sigh
>Tech is already outstanding for a 1 year old project.
meh
>"But muh ToKeNoMiCs". Get the fuck out of here with your extremely lazy FUD. No one wants to hear it.
in other words, you have no way to diffuse the clusterfuck and disaster that is algorands tokenomics.

>>22081816
no

>>22070691
>We all told them not to.
>we
go back

>>22038451
We did it Reddit! Have a gold stranger! The narwhal bacons at midnight! Spork!

>Be me
>New to crypto
>Also new to grrentexting, but that's not relevant
>Started trading crypto on Binance a few months ago
>Invested like 31$ for the sake of practise.
>Started turning a profit little over a week ago
>Have made around 3$ to 6$
>Decided to hear Reddit out if they have any tips to speed up the profiting.
>Everybody is calling me a fucking retard for even trying to trade crypto.
>Idontreallycareimlosing31fuckingdollars.jpg
>Muh "mY BEsT adViCe Is tO nOt TrADe cRyPTo aT ALl"
>Eventually discuss with them for 24 hours what I do and one tells me that it's definitely possible to make money trading crypto, but it's a dumbass way to make money.
>Also everyone tells me Binance is an exit-scam waiting to happen.
>mfw all my practising has been for nothing
>mfw I'm never getting rich.

Anyway, I came to remember that redditors are barely people and I should probably ask a more "qualified" site like this one, so here I am.
I wanna ask if cryptotrading is really such an unrealistic way of making money.
Also I wanna ask if there is any merit to the claim of Binance being an exit-scam.
Am I generally a retard for investing in this?

>>21755013
>ETH is the winner of smartcontract & dapp platforms
still early days, so no
>LINK is the winner of oracles
yes
>AAVE is the winner of lending
aave is hot garbage and defi is still in its infancy and aave only looks good because everything defi is shit
>SNX is the winner of derivatives
mongloid - the post

>>21715267

>>21623208
>It isn't the oracle standard
it is, and you have to go back

>>21536377
>unironically using incel
>holy projection
you all caught up with the latest rick and morty episode?

>>21532331
go back newnigger

>>21517777
yup that's what i thought, it doesn't matter how much you make or ripple, whatever you guys make I make 150x that MINIMUM and there's nothing you can do about it thats the best part you poorfaggot

>>21498902
go back

>>21478950
>post the 3 coins that you think every /biz/edditor should hold
you can start by going back

>>21439078
You had 3 years and yes link is going to 2k like it or not

>>21416694
I've read it cover to cover and I recommend it. The long dialogues and monologues are great. and you're crapping on it but haven't actually read it.

>>21413014
r*ddit finally getting a tiny return finally after 2 years while everything around moons 100x

>>21411537
>yikes
r/cc aren't sending their best

>>21405713
>XRP MARINES CHECK IN

>>21404650
>guys I just bought 100 link will I make it?

>>21399090
>simp
go back and neck yourself retard

>>21397205
>>21397349
go back