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Archived threads in /biz/ - Business & Finance - 5046. page

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How do you get started in crypto? I want to get in on it. Is there any really basic starter guides on how to invest? Advice? I am sorry for being a newfag here. I just don't want to be a wagie forever.
15 posts and 4 images submitted.
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You lurk
Then you use common sense
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>>2264320
If you aren't smart enough to find a tute yourself you probably aren't smart enough to make any money with it...
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>>2264320
put all your money in dgb then wait a year

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guys

we made it

i think that all of us here, truly, are /going to make it/

I'm very emotional rn
18 posts and 4 images submitted.
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I know that feel bro. It's almost surreal knowing that everyone on this board will be living a rich comfy life.
>>
I've only made $10k so far over the last year. Not bad but not nearly enough to make it.

I'm not sure if I'm going to but I hope you guys do. You deserve it.
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>>2264198
first year 10k. 2nd year lamboland muh nigga

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Stratis about to hit 10$, what happens then, does it correct or take off the next dimension?

Also dubs decide when it stops!
14 posts and 3 images submitted.
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It's the next ETH...but better.

Next year we'll be asking if we should buy the $80 dip
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Rolling for 1 sato
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hmm i think it dumps

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thank you for holding my bags fags

hahahahahahahhahahahaah
11 posts and 1 images submitted.
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>>2264028
Hahaha great decision. Feels so good to be free of that shit coin. Can't believe there are still people clinging onto false hope that it isn't a scam.
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>>2264052
Holy shit you're bad at this.
>>
Price is still going up.

Try not to kill yourself when it hits a dollar

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What is the /biz/ equivalent of Ludes? The fuck are you lads on usually? Need advice. Nothing too fucked up.
16 posts and 3 images submitted.
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If you're not taking adderall then I don't know what the fuck you're doing
>>
adderall/meth

crypto never sleeps, so neither can I
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Gains

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I heard bitcoin was going to go to 10k??

Is this true?
should i buy now?
13 posts and 2 images submitted.
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>>2263911
yes
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>>2263911
If your planning on holding for year+ then yes.
>>
New normie flood, yay..

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Don't convert more back to fiat than you actually need, because (((they))) will take your coins and try to hold you hostage for another century with the coins you sell them now.
18 posts and 1 images submitted.
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Who is they?
>>
>>2263909
You must be new
>>
the fuck is a fiat

Can someone explain taxes to me short and sweet? I've just started trading this year, and i've never had a job in my life so I never have had to pay taxes.

Should I be logging every trade I do and make profit/loss on for tax day? And do I have to pay seperate taxes on profit/losses or do I just give them how much money i've made and tax out on it?

I'm fugging confused.
12 posts and 4 images submitted.
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>>2263718
No. The thing is kiddo, you don't cash out. Never. You'll just buy things with the BTC that you earn out of trading, but converting your BTC into fiat after you've made anywhere from dozens to hundreds of trades will FUCK you with taxes. There's no withdrawing you principle out, sorry to tell you this. Just a reality of trading meme money on the Internet, the financial powers that be do not allow you to do as you please with it as they do with stocks.
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>>2263987
I understand, and thanks for the reply. But the thing is, I really am content on paying taxes, if it were reasonable. I've left a big paper trail already that's all connected to me through coinbase and everything, I really have intentions of paying taxes, and i've never even used a proxy or anything

But, is there really no way to easily pay taxes on money gained? Do I actually have to tax out on each individual trade? Like, couldn't I just pay capital gains tax on the amount of money I made in total?
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>>2263718
Consult a tax lawyer, not 4chan my guy.

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IM SO READY FOR LAMBO LAND
18 posts and 3 images submitted.
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Hodling 40k, impressed by how quickly any dumps get snapped up
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>still not on bittrex
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>>2263715
I shoulda bought more

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>Telemarketing job saying their top sellers earn six figures
What do they mean by this
13 posts and 3 images submitted.
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Anyone can earn six figures by working 80 hours a week and selling your soul.
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>>2263622
>High turnover workplace seeks low IQ individuals

No one makes 6 figures telemarketing.

Source: I've done a lot of telemarketing.
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Maybe it's one of those systems where sellers can recruit other sellers and get a cut of their profits. Is it "freelance"?

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Can anybody explain this?
16 posts and 2 images submitted.
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>>2263618
market is open 24/7 vs 40~ hours on stocks
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>>2263618
Completely unregulated so anything can happen
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When stocks were young they were just as crazy https://en.wikipedia.org/wiki/Tulip_mania but with age comes stability so I'm trying to shitcoin millionaire now before crypto is a boring as the NASDAQ,

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20 years old, depressed with OCD, Living with my parents, unemployed, got a certificate in heavy equipment operation but no ones hiring. I get 300$ a month, what should I start doing with that little bit of money? other than drinking it.
13 posts and 2 images submitted.
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BUY ETH
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BUY MOON
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rack up some debt by going back to school for something useful

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Hey /biz/ I am going to long XRP x10 leverage on Bitmex, currently at 12124 I think this is a prime entry position before another bounce, anyone else here doing the same?

If I get liquidated it's fine, it's play money for me.
18 posts and 3 images submitted.
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>>2263593
sadly I can't use margin on my fag exchange to CAD but I'm also 70% in XRP atm

TA reads good for a new ATH
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>>2263619
also I think it needs to bounce off 11500 first or close to it, unless it already did, I was out for a bit
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>>2263628
Wait for this. Maybe even a little lower. 11200 even.

Any advice regarding when it's profitable to short a cryptocoin?
11 posts and 1 images submitted.
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I would guess when you see a parabole that looks like it's lasting too long
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>>2263524
Does that happen to be the nose of Anthony "littleGirlYouKnowWhereIllPutMy" Weiner?
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>>2263591
hes so damn jewish wtf

>got some nice stacks of Shift, Blocknet and Ark
>ATHs all the fucking time

let me fucking sleep!
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iktfb
worst part is my investment was so small that I'm basically enslaving for pocket change
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Fucking SHIFT man. And now ARK, Komodo and WINGS have me refreshing Blockfolio every few minutes.
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>>2263496
set stoporders

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