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Archived threads in /biz/ - Business & Finance - 5365. page

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>how exactly does the selling process work? Who and how would I sell something like LTC or ETH?

also

>Why do portfolio diversifications have such high bitcoin ratios such as 40%+?
>Is that because you could use the increased value to buy more altcoins?

Two questions have been on my mind lately, been trying to suck up as much of an understanding on crypto trading as possible before I jump in.
15 posts and 2 images submitted.
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>>2068800
Bitcoin is by far the least risky crypto to hold in spite of its alleged "bubble" status. It's the index fund of cryptocurrencies.
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>>2068812
Neato. Could I get a summary of index funds and maybe forex for that matter? I hear of as the "normal" type of investing that you make returns off of when you're older.
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>>2068800
Convert it to btc ltc or eth, send it to Coinbase, fiat out

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I am buying $1.00 worth of every altcoin on bittrex.

What say you /biz ?
14 posts and 5 images submitted.
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>$1.00

Unless you're testing the market for the future don't expect to make any significant gains
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>>2068792
Don't do it, OP.

You'll probably blow your brains out if even one of them skyrockets.
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>>2068808
this, just do research. Most altcoins are worthless because they are the exact same thing as bitcoin

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Enjoy the bag faggots
19 posts and 4 images submitted.
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>>2068692
>not buying during the dips

stupid no coiner , you are only making us richer.Go on and bend your back for mr goldstein you cuck
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>>2068692
>everyone bought btc in the last two days

sorry man, some here bought btc under 500$

i'm glad you guys get a break from constantly having to cope with these dips, enjoy while it lasts, i guess
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>>2068716
$400 here. What color will your lambo be?

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FUCK POLO
19 posts and 2 images submitted.
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>>2068679
I do not understand why people use Poloniex over Bittrex. Surely there's a reason, but I have no idea what that reason might be. The comments I hear about Poloniex are exclusively negative.
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>>2068689
The reason is higher volume on Polo and thus more liquidity. So you can sell something faster because there are more buyers. Ideally more people would all leave Poloniex so it didn't have such a monopoly on liquidity. That's the problem.
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>>2068679
Why the fuck would anybody use polo?

Srsly fuck that place. Bittrex and kraken senpai

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BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY
12 posts and 2 images submitted.
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Its going to dip further though.
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>>2068617

Says Pajeet. Dip is over.
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>>2068638
it is not, but i don't care

t. holding 26 btc

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So Bitcoin is free-falling like a rock right now.

Is it still worth it to keep my holdings in LTC and ETH or is that going to fall too?
68 posts and 14 images submitted.
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This is when you sell alts that are getting pumped and buy bitcoin.
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>-6%
>free falling like a rock

you're like a little baby
>>
>>2068485
>helping retards

just stop my good man they dont deserve lambos

Noob question. Is it worth getting into trading cryptocurrency?
36 posts and 2 images submitted.
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Lots of money to be made and lost, I've done well but I've seen lots of people bitching about how they've done nothing but lost money so it really depends on just how risk adverse you are and how weak your hands are.
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>>2068469
Well let's just say i'll be graduating college next year, and I'd like to try my hand at making some big money. I have about $1000 I could invest, or should I lurk forums/educate myself first?
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>>2068469
To continue on his reply, in order to start trading crypto you gotta have a pretty good flow of cash. Otherwise you are always going to be a weak holder, always buy and hold regardless of what happens to the price until your numbers go positive.

To put it into perspective so you don't think i'm throwins bs: I bought 450 LTC when they were 31 dollars. Right now it's at a loss, but I'm sure in a couple of months it will go back up over my initial investment. I also have 500 ETH that are doing much better than LTC, I bought them when they were only 19.

Never forget crypto it's in its baby state, almost no normie knows about crypto and you should take advantage of this era of unregulated altcoins.

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>Tumbling down
>Tumbling down
>Tumbling dooowwwwwn
24 posts and 3 images submitted.
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This is my current soundtrack:
https://www.youtube.com/watch?v=v7O5scQhbsE
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>>2068435

Unless it dips below 1650 this isn't really shit. You all have such weak hands lmao
>>
Glad i saw it coming and invested in alts

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So this is a shit coin now, right?
11 posts and 2 images submitted.
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only if you're not shorting :>)
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>>2068363
If you didn't sell at 1800, you might as well ride it out dippo.
>>
So at what point should I buy the dip? Will the trend continue for the next few days?

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Wait, I have to pay fees to transfer bitcoins from one address to another? So if I transfer from my cold wallet to an exchange and back again, I have to pay fees twice ONTOP of the trading fees? How do you people tolerate this nickeling an diming? The future is shit, man.
22 posts and 1 images submitted.
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>>2068361
This man has bitcoins. If that doesn't make you sell idk what will at this point.
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>>2068361
Bitcoin is SHIT!

THAT'S WHAT WE'VE BEEN FUCKING TELLING YOU.

Plenty of other coins have no fees or virtually no fees.

If you had to choose between BTC, ETH, and LTC, go with ETH.

But anyway, Bitcoin BTC has and always will be shit. It's like a dollar to transfer now.

We've been telling you it's a fucking bubble and now the bubble is popping. Move the money somewhere ELSE.
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>>2068372
I recently fell for the BTC meme. Nobody warned me of the fees everywhere. This shit is more Jewish than my bank. Luckily I only put a $100 into it. These fees are terrible for anything beyond laundering large amounts of money.

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why aren't cryptocurrency millionaires just captured and tortured to give up their private key?

With normal banking with large amounts of money, you have to fly to Switzerland or wherever and go into a bank in person. At that point the authorities would be alerted to the danger you are in.

Bitcoin etc has no such protections. So what do the bitcoin richest do, besides stay low-key? some of them are well-known
22 posts and 2 images submitted.
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because most of them live in the western world/east asia and not with dark skinned nigger criminals in africa and south america you dumb neet.
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why aren't fiat millionaires just captured and tortured to give up their bank informations?
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>>2068353
I explained in the OP you gigantic mouthbreathing fuckface

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>tfw not spending money is more fun than buying "cool" things
>tfw this upsets Normies as they pay off their 80 month loan for an ebin race kar
11 posts and 1 images submitted.
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How is it fun to not do something? Smart, sure, but fun?
>>
I can sorta relate. It's kinda like a highscore type of thing. Now, I'm not loaded, but I have $70k in savings/investments, and it feels damn good. I'm no miser though, and don't think twice about buying mid-to-high range food/clothes/electronics I want.
>>
25 btw

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So... is POSW still greenlit for the moon mission?

It's been hovering around the same price for the last week
20 posts and 3 images submitted.
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>>2068261
Perhaps in 6 months time.

Nothing happening any time soon, accumulation phase.
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>>2068261
Yes
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>>2068273
PIVX is being added back when the master nodes come out so give it till June July.

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>mfw made 25k off crypto in the last few weeks listening solely to /biz/ which is literally filled to the brim with autistic retards.
24 posts and 3 images submitted.
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its very very easy to make money if you already are well off, its nothing new
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>>2068255
I think you accidental put a k in there friendo
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>>2068255
Iktf, took me 2 months to make 25k though

What's the easiest way a 22 y/o college student can make money? I don't care if I have to swallow pride or do something like make money from other people's misfortune. I'm willing to bend the rules, but nothing illegal
26 posts and 1 images submitted.
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>>2068170
Kneepads and start sucking them dicks
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>>2068185
that's what I'm doing and currently making $1,000 a day
>>
restaurants my man. that sweet tip money adds up (assuming you're in the US)

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