Possible to invest money if you're stupid?
I'm stupid but I got some money, how do I invest it and get rich by it?
I always thought the idea of investment is like putting everything on red in a casino, how the fuck do you earn a living from investment and not get bankrupt?
bump dunno if dead board or takes some time
>>2230804
nah, your thread is just retarded as shit
/sage
>>2230818
why?
OK so an anon asked me for a quick rundown in the other chink thread, that one has mostly bad information so I will start a new one and hope it 404s and saves a few souls.
Overview of the situation
Chinas in bad shape, but it's really difficult for a chinese person to admit when they've fucked up, they lose face, this is the worst thing that can possibly happen to them, result is mental shock and instadenial. They could fuck up right in front of you and still look you dead in the eyes and tell you they have not fucked up, that they were merely pretending, that you fucked up, that someone else fucked up, whatever, they believe it, they do not have a facility for processing fuckups. Do not expect their government to ever discuss anywhere near how fucked they are, if they say they're a little bit fucked, you know they're a lot fucked.
>They have admitted their economy is a bit fucked.
Chinks on the ground are in fear of their own country, they know as well as we do they're fucked. This has resulted in many chinese scrambling to bail their wealth the fuck out of the country. They do not want to hold the piece of shit RMB, they do not want to buy property on the governments fucked up terms, they do not want chinks stocks, they're pretty sure all this kind of shit is doomed.
>Not that fucking easy
You've seen a shitcoin exodus, that's what happens to their currency if they all try to sell, the government obviously does not want this, it cannot afford to keep the price propped up forever, when they can't do it anymore, they're in serious fucking trouble. They are desperately trying to force chinks to keep their money in china to give the mugonomy chance of being manageable. The rules are fucking strict, and the penalties max out at death within a matter of weeks.
>Take your pick https://www.google.com/search?q=china+capital+flight
This concludes part one of this quick rundown.
Chinks with their wealth stored in the BTC, any other fucking currency, or any other store of value outside of china are some lucky bastards. They made it out before shit got really fucking hard, this is value they can freely use to do shit like pump the property prices in your city so high that you will never be able to afford one.
>Why the fuck would they bring it back?
Not only was much of this shit secreted out illegally, meaning that bringing it back could cost their family some lead, but they know full fucking well if they do bring it back in, it's not getting back out. They would literally be gambling on a shitcoin and waving their right to sell those bags if shit went any direction but to the moon. Nobody thinks CNY is going to moon, retards that do still think this are parroting the bullshit they heard from somebody who has always had it wrong.
>So why an increase in value if withdrawals are unfrozen?
Believe it or not chinese are just people, there are regular ass wagecucks who just want to collect their check, watch shitty reality TV and fuck their ugly wife on weekends. They don't want to think about what's going on, they don't care, they just want to be able to buy the same shit they normally buy. They are scared of giving up their value fiat without knowing if they'll ever be able to turn it back into cigarette money. What the fuck are they going to do with 500 US dollars? Buy some shit online that is made in a sweatshop down the street for 300x the price?
The fear of the governments big ass fucking ban hammer will be around for a long time, I don't really anticipate a mad rush to buy in, because they're going to be thinking the shit could be shut down again the next day. It's going to take some time. What I can't for any fathomable reason see happening is any of these fuckers so much as crawl toward the exit. Fuck that. This concludes the quick rundown.
Is China's economy anymore fucked than ours is though? It's not like our stock economy isn't a giant bubble waiting to pop either.
This is what the Chinese shills are hyping up. ETH being listed on an exchange that has a smaller 24hr volume than Bittrex.
The Chinese aren't going to save you from what's about to happen
For the sake of comparison. Polo does 3x more in JUST ETH than all of Huboi does.
Who do you think is driving this price pump? It is NOT the Chinks
>>2230177
OP?
What is about to happen?
/biz/bots always talk about what is going to happen but they don't say what it is
You're all fucking faggots kill yourself nothing's going to happen. Got some low buys and high sells in for volatility, faggots neck yerselfs
>>2230177
probably one of the very few negatives of cryptocurrencies is that you can never tell which country aggregates how much of which commodity
with that said, crypto is spreading like wildfire, if the chinks dump hard, the rest of the buying powers will pick up the slack (months will go by)
the chinks will fomo bad, and drive btc to over $5000
tldr greed is universal
Alright you fucks. You bastards. You made money while I didn't.
It's time.
What are the best sources to learn about crypto?
Podcasts, Blogs, YouTube channels, People.
I WANT TO FUCK THAT ASSHOLE
MY FIANCÉE IS SLEEPING WITH MY CUM INSIDE HER RIGHT NOW BUT I WANT ANOTHER PUSSY
MARRIAGE IS A MISTAKE DONT GET MEMED LADS
OUR FAMILIES ARE TOO INTERTWINED AND IM STUCK AND WANT TO KILL MYSELF OR CHEAT ON HER
FUCK DGB BUY GNT
>>2229996
Tired of that pussy huh? I damn well know that feeling
Oh yes my dear
Hello lads, I programmed an open source bot that tallys the top mentioned coins on /biz/ from every thread on the /biz/ catalog:
https://github.com/r7cky/BizCryptoScanner
Here are the top 5 mentioned coins as of 11:35 CST:
>Bitcoin (BTC): 167 [Latest post: https://boards.4chan.org/biz/thread/2226604#p2227918]
>Ethereum (ETH): 131 [Latest post: https://boards.4chan.org/biz/thread/2225478#p2225478]
>DigiByte (DGB): 51 [Latest post: https://boards.4chan.org/biz/thread/2225450#p2225796]
>Mooncoin (MOON): 44 [Latest post: https://boards.4chan.org/biz/thread/2225478#p2228009]
>ReddCoin (RDD): 17 [Latest post: https://boards.4chan.org/biz/thread/2227677#p2228759]
If you find a use for this, let me know.
>>2229905
Hello lads, I programmed an open source plugin that tallys up your lending profits on poloniex:
https://github.com/navegacion/Fabulous-Poloniex
If you find a use for this, let me know.
>>2229905
You are going to have a lot of hits for "mooncoin" that are false positives for anons wanting x coin to moon
>im waiting for an immediate alternative coin that's about to ((moon)) for sure in order to pull from vox once and for all
CHINKS ARE PUMPING UP ETH AND BTC AND ARE GOING TO GOING TO HAVE A MASSIVE SELLOFF ONCE THE CRYPTO WITHDRAWAL BAN IS LIFTED. I AM WARNING YOU ALL NOW.
>ONCE THE CRYPTO WITHDRAWAL BAN IS LIFTED
When is this?
>>2229681
you're telling me the people who stuff live animals inside small, inescapable plastic keychain pouches are ethically questionable?
wow.
i'm shocked.
>>2229681
Everyone is buying. Even the canadian exchanges are selling like crazy. Price is skyrocketing.
>Whales pushing to $199 to break sell wall
IT'S HAPPENING
>IT'S HAPPENING
IT'S HAPPENING
>IT'S HAPPENING
IT'S HAPPENING
>IT'S HAPPENING
IT'S HAPPENING
>IT'S HAPPENING
IT'S HAPPENING
>IT'S HAPPENING
IT'S HAPPENING
>IT'S HAPPENING
$202 at coinbase
>>2229585
I THOUGHT THIS WAS SUPPOST TO CRASH YOU FILFTHY NINGENS
>>2229585
SELL WHEN IT HITS 230$
Japan to add Bitcoin to 100,000+ stores, including airlines and major retailers.
http://youtu.be/80KDvcv4n64
Im telling you, Asia is big big BIG into crypto
>hurr durr Bitcoins gonna crash any day now guyz, just wait!
>hurr durr crypto is overvalued
>hurr durr muh ponzi scheme!
No Coiners absolutely, unequivocally BTFO
DELET THIS
>>2229422
You're right, but it's not supposed to really function till 2018. Someone else on biz made a comment that it would be hilarious if japan devalued their currency to pay off their debt with play-money and switched entirely to bitcoin. I don't see that happening, but it would be pretty lulzy
He missed the dip AGAIN
The BAT contract address was supposed to be published at 11am EST, it's currently 6:41pm EST and no (official) contract address post yet. Now to the very disturbing thing. It looks as if there is a contract address that has been deployed, and it says that you will receive only 6400 BAT per 1 ETH. This values ETH at only $155. What does this mean?
THIS MEANS YOU WILL LOSE 25% OF ALL YOUR ETH JUST TO PARTICIPATE IN THIS ICO (based on the current price which is about 197-198)
EVERYONE PLEASE BE WARY OF THIS
This ICO was very hyped, and I was planning to get in balls deep, but they have been doing nothing but failing time and time again. When asked about the BAT/ETH ratio they said they can't change it due to "lawyers" but in reality an ICO isn't even recognized by the law, therefore it cannot be enforced.
While BAT hasn't come about with an official statement yet, please be aware of this and DO YOUR RESEARCH.
This looks to be confirmed but BAT has yet to release a statement, but like I said, PLEASE DO YOUR OWN RESEARCH AND BE WARY
Edit: IT HAS JUST BEEN CONFIRMED
https://basicattentiontoken.org/terms-and-conditions/
By the looks of it, they want to raise 156,250 ETH. But based upon the price of ETH that (increased from 15M) 24M evaluation of ETH puts ETH at 153. But due to ETH being around 198 right now, that would give BAT an over 30M ICO. An extra 6 million dollars. Not only will you be losing 25% of your ETH to get in, but it will be going directly in their pockets.
It's completely clear now that people are just after the money and don't care about their project. They've gotten so greedy it's to the point where I won't invest anything at this point.
>>2229327
Same here. I was going to go balls deep but fuck these greedy Jews.
Holyshit, a useful post
>>2229327
i dont understand how you are coming up with these figures friend.. care to explain? 6400 per 1 eth, so eth = 155? how are you coming up with the value of each bat?
Is this nigga gonna crash?
>>2229005
Long term you should buy as much as possible asap.
Short term buy the dip sell the tip.
Will be tons of fluctuations and will eventually cap a little under $400.
>>2229005
>He didn't buy it when it was a few months ago $20
>He didn't buy it at $40 a couple months ago
>He didn't buy it at $80 about a month ago
>He didn't buy it at $130 a couple days ago
What makes you think you're going to buy it when it crashes now? Once a no coiner always a no coiner.
Top 10 coin when?
>>2228904
Top 5 next month.
After the citi announcement.
nearby future
>>2228904
minecraft server
I have $150 to spend on coinbase....
Should I go:
50/50/50 on BTC/ETH/LTC
75/25/25 on BTC/ETH/LTC
25/75/25 on BTC/ETC/LTC
25/25/75 on BTC/ETC/LTC
100/0/0 on BTC/ETC/LTC
or some other split? or does it not matter?
Will bitcoin, ethereum, or litecoin skyrocket this week?
I want to make 50%-100% gains in a week if possible.
>>2228846
with that little money, just go all ETH. the fees will eat you up otherwise.
100 on dgb
>>2228846
With that kind of money you are too late.
You might as well buy some overalls and cleaning equipment, then start cleaning houses.
So when does this bank holiday end in China and the Chink sell-off begin?
Hopefully immediately after I can sell my ETH on Tuesday so I can buy in for more
what if they all see the mini crash and buy in instead??
Dont ever think sell your coins fucker
Hodl like a soldier smelly pedo
Make your predictions or bets on upcoming ICOs
my list is
>Bancor
>Basic Attention Token
>Mysterium
>Civic
>Patientory
>Polybius
>Tezos
>Kin
>Rex
>0x
>Agrello
>Cofound.it
>Status
>MyBit
>TrueBit
>TenX
>BlockTix
will pick the best 5-10 out of those. Mysterium coming up tomorrow but might skip it.
Seems good
>>2228538
All look like absolute garbage.
>>2228538
>BAT
trash that will not work because nobody will want to turn on ads for pennies except extremely poorfags
>Kin
only 1 trillion will be liquid, the other 9 will go to Kik. use cases are meh.
Don't come to Poloniex in a few days.
>>2228491
tell me anon whats gonna happen? am holding 450 etc
>>2228491
Did they finally go insolvent?