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Just another day
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drowning my trouble with a '40
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>>2603648
Get on that normie social media advertising ma nigga
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>>2603648
Geting started is a bitch.

Sales getting more frequent though. Just keep learning how to use fb advertising

(Even though it says this month, ive been doing it for 2 weeks)

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For starters, I recommend the former threads, as many basic questions were already answered there:
>>2481883
>>2494169
>>2513020
>>2544572

I would like to focus on another topic today - how to spot a good coin for starters.

This may help you to recognize promising coins, but also lowers the chance of you getting stuck in useless coins because it e.g. only rose because of a pnd. You may call it “basic qualitative fundamental analysis on crypto currencies”. Together with a basic understanding of TA, this may already give you an edge when trading with crypto currencies, because the best pumps are provided by the natural movement of the market, not by pnd-groups.
Finding these coins before they gain public attention (and therefore rise in price) however is hard and requires some experience, research, patience and of course: a bit of luck. Having contacts and friends who are also into cryptos and have some competences in the field is also a good thing, as you get more eyes into the internet and more heads to wrap around different topics at the same time.

Assuming you have no experience, no connections and in general no clue where to start with the hunt, you better do some (very) basic research first. If you worry if this is too basic for you or it is not worth the time: I assure you it is crucial to do this, maybe even if you are trading cryptos for months already. Also, please read through this text first, so you know on what you need to notice while (maybe) following its advice.
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1st: read what BTC is about
Even many experienced traders cannot tell you what the blockchain is. It is a mistake to not research Bitcoin thoroughly when dealing with cryptos, even if you only trade with coins. Bitcoin is the very first crypto currency and still the one with the highest market capitalization. Most things we do is measured in BTC. If you trade with altcoins, you mostly do this with BTC as a foundation. It is of no use if you buy into BTC when it is at $3000, trade in altcoins until you have a 50% profit and cash out when BTC dropped to $2000, because then you made exactly >no< profit. Basic knowledge on what BTC is, in which situation it is now and at which price it is traded is the most basic information for any trader and investor in crypto currencies, because the price of BTC influences altcoins heavily. Only that way you can evaluate e.g. news like the legalization of Bitcoin in India accordingly.

2nd: do the same with the top 10 coins on https://coinmarketcap.com/
You don’t do this because these are promising coins (some of them are, but that is not the point), but because the top 10 coins all amount to roughly 90% of the market capitalization of all coins already. You need at least to know the basics about them. Are they mineable? Do they have a high supply? Are they backed from promising tech? Why are they so popular? How did they behave when BTC dropped in value? How when it rose to a new ATH? Did they go down, up or was there no movement at all?
Don’t worry, you just get to know them a bit more, not actual learning the last digit of their maximum supply.
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Now you may ask: “But what about the small ones?” and you would have every right to do so. But like I said: knowing about the biggest coins is essential. Not only do you have now learned the name, the price, the amount of coins but also the foundations of the tech, the general air about a coin on most platforms, the basic terminology etc. Also, you gathered a fundament of sources and maybe collected your own individual portfolio of blogs, wikis, forums, twitter-accounts and maybe some people on a discord server or on telegram to write and talk about cryptos.

I cannot emphasis more on the fact, that chat groups are the best option to get information on good coins fast. 10 people doing research for one hour a day can see way more than a single person can in 20 hours. And if you get into a chatgroup of 100 people, that are not talking all day about “moons”, “lamboland” or pnd-actions but simply about possible coins to invest in and why, you got a jackpot.

Now if you are really interested in new coins, you could register on bitcointalk and read e.g. announcement-posts. Within these posts (signed with an [ANN] at the beginning), the developers (short: “devs”) showcase the coin, the tech, the team and the “whitepaper” with many detailed information to the public. If the announcement is good, you can at least expect that at some point in time the project was active. However, for a newbie this is exhausting, even if you did the research for the top 10 coins before. That’s why for a fast evaluation of coins, I advise a simple and easy to learn method to analyze coins which anybody can adopt and change for themself. Let’s just call it “PHAT” (or “PATH”, if you like).
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Publicity
This is the so called “first impression”. Possible questions are:
- Are there full names (no pseudonyms) and faces associated with the project?
- Is there already a partnership with other companies?
- Is the project itself based on a credible company or just a hobby project from the developers?
- Is there a website? Does it look professional?
- Is there a thread on bitcointalk?

History
This is important if the coin is active for a while already or the name behind them is known. Possible questions may be:
- Is there a roadmap?
- Had they reached their milestones in time? If not, why?
- Had they problems with the development?
- Was there a pump and dump – action in the past?
- Did the developer team changed recently? If yes, why?

Activity
More to get a feeling for the “today” of the coin. If the devs are not on the project anymore, the project is dead and there is no need to invest into it further, may it be money or time. Examples:
- How is the general attitude on twitter regarding this coin?
- What do people think about it, when you ask them on reddit/twitter/(4chan)?
- Is the developer active and interacts with the community on problems?

Technology
If you are – like me – not from a tech-background, this is always kind of tricky. Luckily, most devs break down on what their tech is exactly solving for non-tech people like us. It is best to keep the question in accordance with your understanding of the tech, like e.g.:
- Solves the tech behind the coin a certain problem?
- Is there another coin which is also offering a similar problem?
- In which respect is it better than its competitor (if there are some)?

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>He's still chasing memes like bancor and ans
>He hasnt bought ETC

Its still not late to get on the space shuttle, ETC is going to 40 by the end of july. Ill have fun in my GTR, will you?
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Im a newfriend, what does etc do that eth doesnt?
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>>2603624
Same question
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>mfw I sold my 17 ETC 2 months ago and bought BoTW and Mariokart 8

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So now that ETH is dying, what would be a good coin to hold for August? I was thinking XMR or LTC. Thoughts?
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NGR
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I could see a Stratis or Lisk comeback happening.
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>>2603541
Foldingcoin. Had great mooning and then went back to middle high. Will go up soon.

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>log onto waves account
>make a pro lgbt coin ico
>spread on tumblr
>cash out

Problem?
22 posts and 4 images submitted.
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LBGT community is oppressing agender and other minority communities on tumblr. Pandering to the oppressors will cause outrage and not profit.
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>>2603477
Rainbow Coin when??
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Tumblr people are too retarded to get into this and live off welfare on top of this.

0 chances of it working, except if you create it with Soros as an "humanitarian coin" or "humanitarian fund" wich would allow (((them))) to fund anonymously subversive institutions.

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DIGIBYTE IS DEAD
sub 1k sats my moon dreams are DEAD
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you're meant to sell at the ATH not buy you idiots.
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>>2603468
if it makes you feel any better, everything is down significantly. -8% on my entire portfolio of BTC/ETH/A dozen other shit coins
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>>2603468

Looks like accumulation phase to me, faggot

Whats the big deal? Be happy its not plummeted into the ground and is relatively flat-lined.

There will be another moon mission if you're patient enough.

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Not shilling the coin.

Actually sold all of them during the last PnD. I have recently made it a habit to view coins sold by volume on various exchanges. Reddcoin is on page 2 of bittrex and I see a little activity on socials. PLEASE tell me I didn't sell my coins at a loss for nothing -_-
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Sold too. However I can see it dipping again.

I hope the whale captain strikes again and places 90 btc sell walls do -50% the price again

The mooning will happen in the next months or two when reddid launches
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>>2603375
After writing this I noticed it dropped on charts, I was thinking with my luck I sold RDD right before it got hot thanks to rdd-id. Also noticed its at #50 on coincap was it always there?
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>>2603375
Hmmm we may have been duped... Risen to 78 sats now which isn't much but its going up and I have no coins I am willing to sell ---------_---------

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So I bought into ethereum back when it was $15 a piece and again when it was $70. So far my $400 investment has been turned into $4100 thanks primarily to Ethereum and Golem. Now that I have an ok amount of money that I don't care about, is it enough to do actual stock trading? I was looking into ETF's as a stable option to start out, but I know nothing about this market. Any advice for an anon that isn't retarded and wants to escape this cryptobubble? Pic related, their ETF's were recommended to me be a friend in college.
29 posts and 7 images submitted.
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>>2603314
https://www.bogleheads.org/wiki/Getting_started
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>>2603373
Thanks, any book recommendations? I noticed quite a few there and i don't necessarily have the time to read through all of them.
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>>2603408
The Intelligent Investor by Benjamin Graham.

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There is not much time before this rocket will fly....
Only 45BTC left than we go.
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that's a pretty big sell wall, desu
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Lol There is ZERO left dude. That's just a whale wall. Whale will drop it at will. Get ready.
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>>2603306
That's why I sent you all warning. I am a good person!

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Tired of the constant shitty pajeet p&d groups spam that has been swarming the board lately?
Let's try to fight fire with fire, and make this shitty board a little bit better
https://discord.gg/77k7X9H
this is a p&d spam fighting discord, with the only purpose of reporting every single one of them, and spamming them with shit
join up, and help us make /biz/ a little bit better
26 posts and 3 images submitted.
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>>2603300

> thread complaining about pajeet spam
> first post is pajeet spam

wew lads
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Really needs to be quarantined now. The stench of raw sewerage and tumeric has gone on too long.
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>>2603311
agree
hopefully with enough reports we can get a slightly more active janitor at least in here

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What is this pice of shit doing? Why wont it rise?

Is it true that it cant go that high because of market cap? Got memed AGAIN.
23 posts and 2 images submitted.
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Meme coin for teenage miners.
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because dropbox and g-drive are free and fine. the only people who will use SIA are people who peddle CP. kys.
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>>2603272
chill, it always crashes on weekends

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Any news on this one? Did the developers back up on their decision?
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bumpin

dip looks good
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Yes because they had no support by most of the guys hosting nodes, so they avoided a fork that would be accepted by 5% of the network lol.

I think this is the only coin that has true potential unlike bitcoin and ethereum, because it can stealthly spread to the normies. It allows hosting decentralised websites that can be opened on any web browser, so normies don't have to install anything on their pc/phone/WebBrowsingToaster and won't even notice. It also allows web content creators to monetize through the Phantom dApp, so they can avoid putting ads on their website, or if they are maximum jews monetize with both (I hope not ffs)
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thanks for the info anon you're awesome

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>copy bancor 40 line code
>offer lower fees than bancor
>raise millions in ICO
>????????????????????
>lambo
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>>2603262
Bancor without the Jewish tricks
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Bancor Classic™

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Just your daily reminder that you can expect to have your money taken from you very quickly when you get involved in these grups.

They're all run by poor Indians who have no idea what they're doing really, just buying dirt cheap coin, pumping it, selling it to you.

There are no groups for "real whales". If you can't understand this, you shouldn't be trading.

You assholes who read about this whole thing in the papers over the last week, you're going to lose your money.

For the love of kek, please sticky this mods.
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>>2603275
>>2603252
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I actually make money off these though, trick is just not to be the last guy holding the bag
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>>2603406

one day you'll just lose it all to them

ETC now. The Emerald is coming tomorrow. GET TO THE CHOPPA
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>>2603072
>The Emerald
what is this?

Is this what causing the rise?
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>>2603078
http://www.etcdevteam.com/blog/articles/intro-to-emerald-project.html
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Why did it only pump now?

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