Anyone else have no idea what the fuck they're doing?
I don't know a lick of code or understand blockchains or their potential at all. I don't know how the markets work. I don't grasp what makes any of these cryptos valuable.
But I still made $100k just by looking at lines, listening to /biz/, and hodling for a few years. What the fuck?
Yep. At least with stocks you can research subjects and companies, with crypto you have to be a crypto nerd to understand the basics even.
Inflated numbers. typical bubbles. many brainwashed muh free market ancaps.
ready your pop corn.
>>2395534
I wrote a paper on Bitcoin as an undergrad, but that's about it. I paraphrase Matthew McConnaghey: we don't care how technology works... All we care about is getting fucking rich.
>>2395650
Not even close to a bubble yet. I don't know cryptography, but I know markets, and I know that until the average Joe invests, and you see pension fund and IRA money coming in, it isn't a bubble yet. Mania, maybe. But not a bubble yet.
if you understand how to make a coin, you have a leading edge for when banks looks for developers to hire and when firms start showing up. neets are going to have a great leading edge over chads who spent 100k in universities for cyrpto theory and 101 economics
>>2395534
>But I still made $100k just by looking at lines, listening to /biz/, and hodling for a few years. What the fuck?
That's whats happening to all people who come early to a gold-rush.
Go to US/California -> claim some land because you saw some weird dudes from the British occupation zone doing the same -> suddenly rich
Read some book about the internet and html -> Build a meme website in 1996 -> sell it for a couple of millions 2 months later
Im pissed because i didnt enter this shit earlier, right now btc and eth are too expensive for a normal person to buy in.
Is coinbase really the best exchange
>>2396094
you realize you dont have to buy an entire bitcoin right? you can buy 100$ worth of bitcoins, and if the return in the next year is say 300%, you still make 300% return. the fact that you just said its too expensive is retarded because you can buy as much as you want.
>>2396094
>$350/eth
>too expensive
It's not for me, and I'm not even a trustfundbabby
>>2396325
If you like fees and taxes. Yes it is.
>>2396425
What is there besides GDAX, Kraken, Gemini, and Coinbase
>>2395534
I took some first year econ classes last year, that's as far as my financial knowledge goes. Tech wise I'm doing a comp sci degree and I have a pretty good understanding of cryptography
But yeah at this point I'm just reading /biz/ and doing what smart anons tell me to do