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Archived threads in /biz/ - Business & Finance - 5538. page

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Freal freal
9 posts and 1 images submitted.
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>>1999483
real state
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>>1999483
10k in altcoins
10k in AMD
10k in gold
10k in ether
10k in btc
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>>1999483
MLS

>12M invested in a project in 12 minutes, for just 4% of tokens, despite no finished product and a competitor who is already up and running
>8M+ raised (so far) for a platform which is completely outmatched by GooglePlay and has no chance of succeeding

Anyone who thinks cryptos aren't a bubble right now is beyond retarded.

Cash out now so you can buy the dip and make bank.
9 posts and 1 images submitted.
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2013 all over again and people making the same fucking mistake.
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>>1999476
since when is google play a prediction market running on a blockchain?
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>>1999476
>cashout
>>1999479
>2013 all over again

>lol just buy the dip it's so easy XD

Gamblers and speculators like you are fucking embarrassing to actual investors.

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I have very little money but i would like to make even the small amount that i earn grow in some way. Lets say im able to spare about $100 from my salary each month. What is the best way to invest the money?
I mean aside of cryptocurency investments.
10 posts and 1 images submitted.
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>$100 every month
>aside from cryptocurrency

Kneepads
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>>1999418
Why are poor people so retarded? You can't invest $100/month. Stop wasting your time and get a better job.
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>>1999418

If you put $100/month into a growth mutual fund with a proven track record, you will be very happy with the results in 20 years. If you don't have enough cash for the initial buy-in, pick a company that offers ETF versions of their mutual funds and buy those a share at a time.

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I have an idea for how to invest in altcoins, looking for /biz/ advice.

>take 80% of my savings and put them into crypto allocated in the following way
>take all altcoins (except for ETH, XRP, LTC)
>remove all memecoins/shitcoins/PumpNDumps
>with remaining coins allocate my savings proportional to their market capitalisation share

My thinking is that if a few of them moon, it will offset losses of the rest.

Thoughts?
6 posts and 1 images submitted.
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>>1999404
>take 80% of my savings and put them into crypto
A suicide mission. Ok I like it. This will lose you more money than it gains you for at least the first 2 years.
>take all altoins except the ones with the highest potential for stable earnings
Ok following so far. No good investments allowed. Ok.
>remove all memecoins
Oh you mean you have access to the secret list of which ones are and aren't memecoins too? Ok awesome I thought I was the only one.
>with remaining coins
So none.
>Allocate my savings proportional to their market capitalisation share
100% times 0 is 0.
Savings accounts have terrible APYs, you should consider investing some of that money, perhaps into cryptocurrencies. Some of them are great and will bring you nice returns.
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>>1999422
BTC, ETH are clearly in bubbles right now. I'm not saying they wont surpass current values in future, but a correction is definitely due. If you don't think we're in a bubble then just look at the fucking GNOSIS ICO as well as other recent ICO's. People think cryptos are an easy way to 10x your money and are pouring money in. As soon as confidence takes a hit, a massive correction is due.
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>>1999447
Here's a better idea.

Take a reasonably large amount of your savings and call it your "investment portfolio money." Now take a pretty small percentage of that investment money and dedicate it to crypto. Now, go on Poloniex or Bittrex and look for all the coins which are in accumulation stages. Not much activity, not too much volatility. Has it had a high peak before but seems to be rather dull now? Perfect, maybe it will go back to that peak some day. Now be prepared to lose all this money. Take half of it and set it to sell at 2x the price you buy in at. Set the next quarter to sell at 3x the price. The next 8th to sell at 4x the price and the last 8th to sell at 5x the price. Do this for all the coins you just bought.

Now take a look at ETH and BTC. Stare at your computer for a few hours and time a small dip. Buy into it and stare some more while you wait for a correction so that the lower bollinger band is above where you bought in. Now set your stop loss to be just above where you bought in. Congrats, you've now locked in your profits in a bubble. If it's really a bubble, you've locked in some profits. Every time you return to check on it, you move the stop loss higher if the price went up or buy in a new dip if your stop loss triggered. No matter what, you have profited. Or simply come back in 3 months to find only a small profit if it's a bubble but a big profit from your diversified gains above. Or an even bigger profit if it really wasn't a bubble. Either way if you timed the dip right you'll be fine. Just hope that your diversified coins did better on average.

Similar to your plan but 80% of your savings is a terrible idea.

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>mfw newfags get fucked by beanposters
11 posts and 3 images submitted.
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It's literally a team of 5 people with rotating IPs to produce more IDs so it looks like dozens of people.

Crypto scamming at it's shittiest.
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It's sad really.
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>>2000303
It's not sad. Idiots learned a valuable lesson.
>OMG turd coins being shilled, better buy some
>Whhaaaaaa I lost my money? How?

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>Not stacking on POSW now that it's in the dip
Might as well kys yourselves desu
17 posts and 1 images submitted.
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The board is too busy shilling ETH right now.
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I'm planning on stacking back up, but how low will this dip go?
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>>1999313
It's been staying in the 12k sat range for a while, I think it's a good price to buy

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I've got $10,000 to """"invest""""

Guide me to becoming a millionaire and/or going flat broke, /biz/.
10 posts and 2 images submitted.
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all 10k in ETH
wait one year
it'll be at $10,000/ether
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Buy posw
>>
just wait for the next bitcoin dip, and when it bleeds buy bitcoin and forget about it till 2021

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Has anyone really made REAL money from any coins on here?
I mean, thinking about it is just too good to be true, for some coins a person from here would have made 100k just from having 1k dollars in a coin.

Something seems fishy somehow.
37 posts and 5 images submitted.
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>>1999242
If you would have put an equal amount pf money on every stock, cryptoshit, etc. shilled on /biz/ you would have make money.
>>
saved
>>
I made about $12k on ETH from a $2500 investment. I'm also holding POSW and that should net me at least 400% returns in a few months

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Or am I somehow doing it wrong? 1 whole cent in two days faucetsucking two coins on poswallet.com?

I mean I understand TANSTAAFL, but come on. I probably waste more time and electricity solving the fucking inhumane reCAPTCHA. "Easy on Humans" my ass.

So what's the point of cryptocurrency faucets?
14 posts and 2 images submitted.
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>poswallet

there's your problem lad
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>>1999207
>what is the point of faucets
To get you familiar with the interface of a gambling website so you can see how it works before using your own money dumbass.
You're not actually supposed to make any money from a faucet lol it's like the demo version of a game.
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>>1999222
Suggest an alternative then.

I completely missed the boat on crypto and created a salty/sad thread about it yesterday. Some kind anon offered to get me started with a few POSW, but then disappeared. Someone else then suggested the faucets as a way to start (for someone like me with no bank account).

Nice triptrips.

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I have some income from a trust fund but not enough to live on.

I want a job where I can get paid decently BUT...I can leave without pay for any amount of time. Then come back when I need money.

I want to work long enough to save up for an international vacation, take the vacation, then come back. And do this multiple times a year.

What line of work would be best for me?
6 posts and 1 images submitted.
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>>1999165
Holy shit anon I was thinking the same thing this morning. Dreading going to my office bullshit. I used to work at a liberal arts university dining hall. I made shit wages as a supervisor but summers and winters off. Bosses let you request whatever you wanted off. Took a month off to go to Japan last year.
Now I'm doing some IT shit, but it's depressing as fuck knowing I absolutely have to work 40 hours a week with no option to just get unpaid time off
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>>1999165

Freelance truck driver
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>>1999165
go to Australia, work a couple months on a farm, don't spend a buck while you're there.
quit after 3 months $$, repeat

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Why am i so trash
6 posts and 1 images submitted.
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because you didn't buy bitbean
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>>1999200
Coinshitters pls go
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You're making beginner mistakes. You're reacting instead of believing. buy stocks you think will go up and then HOLD through your points of doubt

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Im a small 100 BTC+ whale (not counting what I have in a couple alts) and im slowly buying POSW. I know bigger whales (1000+) are also involved. They will stake shittoins. Big chunks of the supply being staked in poswallet.com are from big whales.

Granted, this coin has complete retards on board (just look at their slack), but normies love faucets and free money (staking), this will get pumped to $1-$5+ in the next couple of months (maybe more if they can actually improve this service so it organically goes higher), so don't dump during accumulation phase.
12 posts and 1 images submitted.
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when did you start buying btc and with how much did you start to trade?

just curious
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>>1999173
I bought during the 2013 bubble, lost a lot.
Still saw the importance of bitcoin so kept buying for months after it crashed to 150-350.
So months after buying at those prices im back to all time high so do the math.

I did some money with ETH and LTC. I plan to get back to LTC, I think it will reach $20 eventually, im not sure when to buy at this point tho.

I don't like to risk my coins with shitcoins but sometimes it's good to gamble, let's hope this PoSW operation is a success. Just keep shilling it.

The good point of this coin is, it has it's own exchange so you don't fear final death (delistied from the exchanges). It's going to need bittrex at least tho, so I hope there's some progress being made to get there. Poloniex would be grat. I've seen shitcoins getting there, this one could get in eventually if there's enough demand. Create accounts and talk about PoSW with each other on Poloniex, they add coins that are being talked about. Just keep shilling and praise kek.
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>>1999146
how much pos have you accumulated?

So...
I was sitting at my mom's house (visiting), and trying to figure out where I can sit with my laptop.
No fuckin chairs around the house, but plenty of places to set my laptop down and work.

I was trying to think of a gaming style chair that could pack up into a suitcase like configuration and be transportable on bus/plane.
Something weighing 50 lbs. or less, but can support up to 250 lbs.
My thought for a design is that it would look much like the gaming chairs on the market now.
Except... all that wasted space underneath the chair for a huge seat cushion could be use for a molded out area for the wheels and hydraulic shaft to collapse into, with a backrest that folds down, or extends and retracts as well.
This would require a new type of two or three stage hydraulic system to collapse to the desired length within the storage area for it.
That... And you could put a retractable handle on one end, and wheels on the other so it could be toted around like a suit case.
The armrests could come out of the seat section, or the backrest.
Also, some system to secure the three sections of the chair (base/wheels, seat, and back rest) together during transport.
The chair wouldn't be massive, or the best one around... But it would be portable, and usable anywhere.

Could this product be manufactured and sold for less than 400$ US?
I have the designs in my head, but I suck ass at drawing, and I'm not an engineer.

Anyone able to draw up plans for this and make a proto-type, go for it.
I'd rather see it on the market from someone else, than for me to just forget about this design and hope someone else comes up with it.

Good luck to who ever, if anyone, takes this on.
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Maybe I'm cheap but a camping chair for travel and much nicer chair that stays home seems like a much better option.
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>>1999089
>molded out area for the wheels and hydraulic shaft to collapse into.

I cant visualise this part from your explanation, please explain further.
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>>1999089
>Current Year + 2
>falling for the ergonomic Jew

WEW LAD

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I might be sounding dense here, but could the UK's National Health Service be floated on the stock market, with the government holding the majority of stocks?

Of course this makes it more possible for any cabinet to privatise it, i.e. sell their stocks.

I dont know. Good or bad idea?
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>>1999087
>>
>>1999087

Would be political suicide

And makes no sense practically, the NHS is very cost efficient for the UK economy, despite waiting times etc
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>>1999087
>dude just privatise it ahaha

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I found https://letstalkbitcoin.com/ and checking out the recent stuff.

I also listen to Ghost rant about the cryptos on True Capitalist Radio, but that's not really very informative.

Anyone know of others?
7 posts and 1 images submitted.
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I'll shamelessly join in with my more general question: what resources would you guys recommend for learning about crypto and investing in general?
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>>1999074
this has some great getting started information, and seems to be run by someone on here:
https://comfycrypto.wordpress.com/2017/04/24/fueling-the-rocket-getting-started-with-crypto/
>>
youtubers are good enough

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