>richfriends putting tens thousands of dollars into a poor man's market
To the poorfags who can only invest a couple hundred dollars a month, what does your investment strategy look like?
Looking to save 75 or so dollars each paycheck to drop, are the coinbase credit card fees too large to make this infeasible?
And to elaborate, that would be 300-500 dollars a month to drop on these digibucks.
Genuinely tired of sponges like you not doing your own research. Your investment strategy right now is taking advice from an anonymous image board. You're setting yourself up for failure.
May I remind you that it's 2017, you can search google for "how to invest in crypto" and many blog articles come up explaining every goddamn detail. Look at a lot of them and deduce your own entry plan based on your findings. Then do some real research and look for cheap coins with potential. The way you decide which ones have potential is up to you. Figuring out when to sell is an even bigger issue. There is so much information out there it's absolutely retarded to rely on an imageboard for their research. People joke about autism a lot, but it's a real problem here on /biz/. People don't know when they're being lied to, they get so full of themselves when they're absolutely sure they're right. This is up to you. Do your research and make your own path. That's the only way you'll ever make a profit.
>>2079986
>mfw listen to /biz/ blindly and make 25k profit in two weeks
>mfw no research was done
>mfw sponge
some people just have the golden touch it seems
>>2079991
Glad you made some money, but you're part of the problem.
>>2079701
>mfw my crypto portfolio is north of 50k and plebs like you are thinking about 75 bucks every 2 weeks
jej
SHORT BTC
LONG ETH
YOU ARE WELCOME ANON
>>2079986
somebodys a little grumpy huh geez
>>2080057
ELABORATE
WHAT LENGHT SHOULD MY BTC BE?
METRIC OR STANDARD?
>>2080070
METRIC IS THE STANDARD
>>2080080
DONT YOU FUCK ME WHITE MAN, EXPLAIN YOUR WORDS
BTC, LTC, ETH, AND SHITCOINS, YEAH?
>>2080099
I used my poorfag investment of 300$, more than doubled it on shitcoins (LTC and XRP mostly), and now I'm shorting BTC (opening volume of 0.85) and going long on ETH (with a volume of 15).
I'm using leverage to magnify my gains (and losses). I've only been playing around with small amounts previously but, aside from bagholding a lot of shitcoins that you hope will moon, its the only way to get bigger returns fast. I'm trying to get more capital so I can then diversify in shitcoins and have a better chance of one mooning and having it actually count when it moons, even if its a 8x on 75 bucks its still kinda shit, scale matters.
I'm ~80$ in the plus so far. If BTC corrects down (inb4) and ETH continues its upwards trend I'll make some decent cash in a short amount of time with a small starting investment everything considered.
r8 my strategy /biz/
>>2080137
BTC and ETH are the only ways to purchase shitcoins such as ripple, golem, XBY, and so on. Correct?
What makes you think BTC is gonna fall?
>>2080160
As far as I am aware.
>What makes you think BTC is gonna fall?
It went +700€ in a month, followed by a drop to 1480ish € and bouncing back to 1700ish and now dropping to low 1600s and high 1500's. I see people speculating anything from going to +2k€ or back down to 1.2k€ and there's a lot of rumors and fake news around it.
But the way I see it, pic related, I'm more confident putting my money on it going down than going up now that it peaked and dropped off after a practically uninterrupted rise. Even if it continues upwards later in the future.
That being said people were probably saying the same at 1200€, 1400€, etc. Do you want to live forever?
>>2080006
bruh, anyone who browses /biz/ regularly probably doesn't wanna do research and would rather post pictures of frogs in space suits and talk about mooning to lamboland all day err day
>>2079991
>"I'm an investor, that's what I do for a living"
>Listened to /biz/ blindly
>Didn't do any research
Yeah...
>>2080225
>"mmm it went up then it went down so i think its gonna go up or down next''
wew man nice reasons, do you wanna be a brainlet forever?