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Archived threads in /biz/ - Business & Finance - 4046. page

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In these troubling times of flooding hardship, god petitioned to have an ark built so the fortunate can be saved.
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>>2494640
I am an architect and builder.
I am not rich, but i am not poor.
I do not need your money.
but if you believe anything matters and you want to help one persons mission to help others see the light send what you can and I will build my own "Arch"
God bless you, I love you all.
126pBSYuzmzHdVNmZqQubGL1c8aGGWJHpd

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I have no clue what cryptocurrencies even are but I just made $50k shorting litecoin and buying back cheap the last 4 hours lol
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>>2494639
no u didnt
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>>2494639

do you even know what shorting is? lol
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>>2494672

Yah I did, just put everything into bitcoin. Just watch me turn those 50k into 75k within the next 12 hours.

Nothing personal, kid.

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I got my first credit card today. I wanna buy something from some cheap china shop for max $70 and sell it for $200. What should I buy to sell it fast and from which shop?
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I made plenty of money buying things like this and selling them on ebay.

Search for reprap and buy the cheap stuff.
Obviously check ebay for prices so that you can make money.
Remember people pay extra for fast shipping and that's why they will come to you.

https://www.aliexpress.com/item/1PCS-High-Quality-Mechanical-Endstop-without-the-wheel-For-Reprap-ramps-1-4-3D-printer/32623871393.html

I was selling them for $5 and selling 100 a week of these alone.
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>>2494648
I love how every person selling these on ebay plasters their images with american flags.
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>>2494648
I have diners card and I see lot of shops don't accept it. Is is worth buying cheap fidget spinners?

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We have been working on a top secret project to be disclosed with you very soon. Make a guess, post your Moon address, and the first correct guess will win a prize when the news has been announced.

Good luck
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This. Also I don't have a mooncoin wallet but I'll be happy to accept any coin listed on bittrex.
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oh shiiiitttt
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Casino site?

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Bitcoin going to $120, Litecoin™ going to $2,500
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>>2494529
You wish kid.
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>>2494529
DGB GOING TO A DOLLAR.

Wait, fuck. I have my shill weeks messed up, this week is LTC...
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>>2494529
LamboPipedream.png

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Capricorn is going to moon, screenshot this shit and look in 2-3 weeks

>low market cap
>volume picking up
>Whales on resistance are being eaten through
>Hype
>clear meme triangle forming over the past day
>needs so little to launch off

I'm ready for my lambo
9 posts and 1 images submitted.
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>>2494483
Am no coiner, how get¿
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>>2494547
Buy btc, if your US coin base is easy. Transfer to bittrex and buy. Damn near a guarantee to double investment
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My body is ready

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>he missed the dip yet again

when will nocoiners learn?
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bitcoin won't "crash", but this dip aint over yet
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> placed a bid right before the dip

JUST
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>>2494435
bull trap beyotch

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I wanna go for a coin that still can do x100.

So a coin (not a token) that still has a low market cap!

Thinking about INCNT

https://www.incentloyalty.com/


What do you think?
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>>2494407

I mean, my monkey brain makes me hate LiteCoin for some unfounded reason. Always have, always will, and I don't know why, but it is actually a pretty good coin to get into currently.

If it is truly to be the silver to BTCs gold, its market cap is currently much too low.
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>>2494442

Ok but what do you guys think about INCNT ?

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Which site will get my quickly verified for trading ETH and other memecoins?
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>>2494283
>trading ETH
$7 next year

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your avg youtuber on the trending tab makes around $300000 / month, according to the latest google analytics and social blade.


i want to delete youtube now, fucking NAOW!
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envy is bad anon
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That is depressing.
You should hang yourself and upload to YouTube then you can be famous and rich too.
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Is youtube on bittrex?

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People telling here often that the Bug on ByteCoin never would have been fixed, but on their Website the devs telling it is:
https://bytecoin.org/news/bytecoin-2.0.2-software-update/

What´s wrong with it?
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There is no Bug.

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BUBBLE BUBBLE BUBBLE POP!

https://www.youtube.com/watch?v=bw9CALKOvAI
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No replies in the DB for this post!

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Send me .0001 bitcoin in exchange for 1 original joke or .50 cents Paypal
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>>2494175
1Fy4yDwuw3n3kKm4Z45bAfQ46VvxRtQFZx
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>>2494175

Knock Knock

Whose there?

OP

OP who?

OP is a faggot
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>>2494175
how does OP start a joke?

He looks around to see if there is any black people nearby.

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hello
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>>2494174
who are you again
>>
>>2494174
Literally who
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>>2494174
...darkness my old friend...

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As we have a extreme amount of newbies that do not know what they actually do, I thought I write something for them. Way too many people lose money because they miss out the basics. Yes, you are in for a huge wall of text. Feel free to ask questions, as long as I am online.

So you are into cryptos. You set up your account on bittrex, bought some BTC on coinbase and you are ready to go, right?

Wrong. Trying to get profits now is just like trying a slot machine with a high chance of winning. And trying to daytrade transfers almost certainly your money in the wallet of someone else.
First you need the basics:
http://www.investopedia.com/terms/t/technicalanalysis.asp
http://www.investopedia.com/university/technical/

Read it, understand it, try it. This is what will indeed make you money.
I don’t want to overly shill technical analysis, but this helps you to analyze and understand the history of the graph better. They often confirm themselves through their broad usage alone. And it all boils down to probabilities and anticipation - not predicting the future, because this is impossible.
Again: technical analysis is more like a self-fulfilling prophecy because many people use it, it is not a physical law.

Then, you need to consider news & rumors. Buy the rumors, sell the news.
It sounds easy, but sometimes it is a bit harder to distinguish, as many things are bullshit and the devil is in the details. Let’s say a fan of a coin uses the technology of said coin on a counter-strike server, so the players can get coins for every headshot. Someone might overly shill the coin with "CS!!! PARTNERSHIP WITH VALVE!!! PRICE WILL MOON!!!!". This could trigger a newbie to buy at the new all-time high price (believing it rises even higher), which the newbie then has to hold for a long time or sell at a loss.

After that, it is just a matter of practice. It all comes down to probabilities, being able to cut losses, evaluate information and not getting emotional.

PART 1/6
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Part 2/6
Then you need a set of rules, e.g.:
- set stop-limits every! fucking! time! you buy into something
- don’t buy at or near a new ATH (rarely goes well)
- always have a valid reason for buying (no, "/biz/ said it’s going to moon" is not valid)
- never rely on single platforms alone - reddit, twitter, bitcoin forums, /biz/, blogs, news-sites etc. are very good if used together (stay away from zerohedge tough – tinfoil alert)
- never focus on a single coin alone; diversify in at least 2 time horizons (1-7 days short (ST); 2-4 weeks mid (MT); 1-12 months long term (LT)) & reevaluate them accordingly
- never!!! daytrade with more than 5% of your funds per week/month, if you are not consistently in the greens with these 5%
- if you are in a ugly situation (like having >50% of your stuff being stuck) and NOT in dire need of money: HOLD THE COIN! The market is exploding and the burst of the bubble is months if not years away, you will at least get your money back, if you did not buy useless coins on small platforms

IMPORTANT!
Stop-limit-orders are not a joke, they can literally save your ass! Set one at e.g. 95% of your entrance point/adjusted to the current price, when you are away from the computer or watching a movie etc. Yes, sometimes it is only a short bounce and you lose some money or profit, while the value goes bonkers afterwards - but most the time, it just prevents you from heavy losses or missing opportunities to sell your stuff at a good price, because you were sleeping/shitting/suffocating on a Cheeto while wanking on your possible profits while selling on a ATH.
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Part 3/6
Now you could start to trade with e.g. an excel-sheet, where you insert the buy of a coin and a sale when you sold it. This is called "paper trading" and for just getting a feeling for it. Do this for some days, while you are learning the basics of analysis.

Then start with small amounts - 10 dollar, maybe 50. If you are comfortable with that, pimp it up with stocking it up with the same amount per week or month. If you lose some, it won’t hurt and if you gain some, it is a sense of achievement.
Keep in mind that there are days where you look at the charts and say "Yay, nothing to do here but to adjust my stop limits", as everything is green and fine. And then there are days, where you see all your stop limit orders triggered, because everything is falling into abysmal depths.

Both days are cool, because the first one nets you profit and the second one cuts short your losses or triggered taking profits to enter again. Because remember: "if there is blood in the streets, it is good to buy". This say was true when Baron Rothschild made a fortune in the 18th century (I am not implying something anti-Semitic here, he indeed said and did this).
Start to think this way and you get a boner when thinking about crashes.

Also, remember that the meme "HODL" or "hold your coin" only applies to people that bought at a low price and are in the green even in the middle of a crash and the ones that bought at a high price and did not place a stop limit order. The first ones know that the price will rise further & holding the coin will enlarge their gains later. The second ones know that the high times will come back and then they can keep their losses small by holding the coin until then. There is little to no reason to see a coin crashing and not cutting your losses/grabbing the profit so far and buying back in, when the foothold is confirmed.
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Part 4/6
Let’s get to some general security measures:
On every exchange, take your mobile and enable 2FA (two factor authentification). That way, when you want to withdraw cryptos, you need to enter a code from your mobile which changes every minute. So even if your PC somehow gets compromised, an attacker is not able to steal your money, except when he also steals your mobile. 2FA is the easiest and most efficient way to secure your stuff on an exchange. There is absolutely no reason to go without it and it should be the first thing to do after registering at an exchange.

Also, keep your computer safe. Better not watch that pron from the dubious website on the same computer you do cryptos with. Or at least use a virtual machine for this and be much much safer. It is easier than you might think of. I am a finance guy and even I learned it with some tutorials from YouTube.

If you start to store coins on your own wallet for holding them long term, make sure you have offline backups. And a backup from the backup. Store them in at least 3 different SAVE locations (e.g. one at your parents’ house, one in the cellar behind a brick and one at bank in a locker etc.). Be aware of the dangers of doing this with HDDs, as they less resistant to damage than a stick.

Be paranoid. You are handling money and the number of scammers is huge. You can discuss and talk with other people on the internet like you always do, but never give out personal information (except your wallet address - besides someone sending you coins, nothing can happen). The "send me your coins, I double them"-scam is nothing but bullshit, but people still fall for it more often than you might think. Be aware of these things, even with dealing with people you write often with. Social engineering is an art for itself, which is mastered by many scammers and conman, just to trick you out of your stuff without you realizing it being bad.

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