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How can a poorfag with only $200 become rich from cryptos?
You guys will say BTC and ETH but even if ETH reaches 1000 in 3 years that's basically only 2000.
If I have the opportunity to get in so early on a pioneering technology, as you guys said, I should be able to become a millionaire from it.
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>>2025879
The only coin with new tech right now is XBY, but its a gamble. Buy it and hold 2 years either u will be rich or piss poor.
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>>2025879
At ethereum ICO the price of BTC was around 300/coin. So your 200 would net you 0.6 BTC. Investing in the first two weeks had a rate of 1 BTC to 2000 ETH. So you'd make around 1300 ETH. If it goes up to 1000, here we go, you would be a millionaire.
The problem is you missed the boat... and so did everyone on /biz (rebranded r9k). When ethereum was just shilled here in january 2016 at $1 per coin, it was outmemed as a russian scam from skeleton vitalik. /biz looks at image over substance. Sad!
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You're young with no obligations, take big risks. Invest in a very high risk very high reward coin (eg. Posw). If you win, you've made a lot of money, if you lose, you can make back your losses within a week or two by wagecucking
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No. Longterm is just for safety.
Crypto will make you rich by buying and selling 2 Satoshi coins and getting a 20% gain each day.
If youre good, and can do this consistently, youll make 20k by the end of the year.
Trading crypto is basically like trading stock without a day trade limit and high commission fee
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>>2025879
You need to find low market cap coins with a coin supply that isn't too high. Make sure these coins actually offer something because there is a ton of shit out there.
posw, pivx, and ark come to mind.
Do your own research tho.
>100x roi on a shitcoin is still 100x roi
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>>2025896
and what tech might that be?
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>>2025981
Proof of signature, everything passes through all nodes instead of one random, making the blockchain impossible to hack even for quantum ai
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>>2025879
Buy RLC
https://steemit.com/ethereum/@dana-edwards/iex-ec-has-a-great-board-of-advisors-which-includes-reps-from-genesis-mining-gatecoin-wanxiang-blockchain-lab-and-more
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>>2025911
Wrong, i invested around 1BTC and got 2000 ETH. I've sold 800 so far, will sell 200 when it goes $100+ plus and hold the last 1000 to see where it goes 2 or 3 years from now. Not everyone on this board is a retard.
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>>2025879
You have not enough money to get into POSW ride, but you can get into XBY ride. Hurry it'll be over 1k sat this month.
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>>2025953
don't do this you'll blow through your money right away. learn and trade the "SAFE" alts first before getting into P&D
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