Anyone else here is making money with crypto trading but doesn't

yep

>>2656577
90% of biz

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>making money
Don't qualify for that part

i'm like that but i'm losing money instead. i don't know how to predict the dip and i'm not going to buy at ask price.

What the normies (like me) do
> get enthusiastic about cryptos and the potential profits
> you either smart or /biz/ish - buy high sell low or vice versa
> thinking the market lasts cos that's what I as a normie want
> power in numbers, no bubbles but good profits

>>2656577
Normally chains are made of metal but these chains are made of blocks, like Minecraft. Kids can't get enough.

anybody who actually understands it wouldn't invest a dime in crypto

I buy based on information I get on /biz/, twitter etc. and sell quite early with 30% - 50% profit as soon as the graph stagnates or big red candles appear. Doing quite good so far. The last bigger gains were with ANS and LTC.

The way I understand it is
>transaction is made
>that transaction is added to the block chain
>miners donate their computing power as a way to process those transactions/basically act as accountants in exchange for portions of a coin once each block is processed
>breaking up the coins in the block chain keeps the market stable and prevents inflation
>market cap is a fixed number of full coins released at one time (just like how a bank prints money, except not centralized, so no one can just make "more coins" out of the blue in order to drive the currency down

>>2656577
no I'm not a moron and have been on bitcointalk since 2012, I remember PPC being released and the arguments over PoS that we are still rehashing to this day

>>2657895
market cap is supply x value

>>2656577
NEWFAGS GET THE FUCK OUT!!!!!!!!!!!!!!!

YES I CAN FUCKING EXPLAIN IT. YOU GET THE FUCK OUT!

>>2656700
Spread out your investments, if you lose money it will get negated by the other coins

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I tried to explain main aspects of a blockchain here

https://youtu.be/w3sI8WVX-ccw