my brother said we're going to hit 5200 usd per btc tonight
just transfered 30,000 usd from my savings account into crypto and put it onto an exchange and have opened a long with 100x leverage at 2600 USD (never used this before but I looked it up and it says I can buy 100x as much bitcoin with the same amount of money so I thought that was cool)
I'm going to bed now so I can wake up a millionaire
good night /biz/
Nice just bought 100k
>>3258451
ok I lost it when i got to the part where you were trading 100x leverage
also beginner thread / btc general I guess
>>3258451
That's a bold move, Cotton...lets see if it pays off...
noob question here.
whats the advantage of altcoins compared to bitcoin? i heard ETH is backd by some startups and other companies.
>>3258552
GET THE FUCK OUT OF MY BOARD REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
You do realise that, on the off chance it would drop 11.5% down to 4030, your entire deposit would be ZEROED OUT, right?
I mean it's not likely. But 11.5% dips are not unheard of.
I would not bet my entire deposit on that chance.
>>3258582
not a normie, been browsing for 6 years now.
i just want to know if the "backed by" meme means anything
>>3258602
smart contracts like eth has give out tokens at ICOs and those tokens act like shares of a company and those companies pay people depending on how many tokens from a specific ico they have
>>3258862
ETH=shitcoin launchpad infrastructure and nothing but
such value
wow
>>3258602
all crypto is only """""backed by""""" the teams that work on them
>>3258552
ethereum has a big ecosystem around it
for that reason its the safest buy currently