[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

I'm new to crypto and would like some advice

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 44
Thread images: 6

File: DHo3G3nXYAEiUsP.jpg (33KB, 680x367px) Image search: [Google]
DHo3G3nXYAEiUsP.jpg
33KB, 680x367px
Anything at all. Advice you wish you had going into crypto.
>>
>>3280026

1. HODL
2. BTC is king, ETH is Queen. Put at least 60% of your money into these
3. BUY ARK
>>
Be patient
Don’t go all-in on any single trade
>>
>>3280026
Don't get emotional.
>>
>>3280059
one of these is a lie.
1 and 2 are ok
>>
ignore any charts under 1 hour periods
set your trades up so youre prepared to hold for at least a few days.
>>
>>3280026
Biz is always right. Remember that
>>
Don't buy at ATH
Don't sell at loss
Don't fall into FUDs
HODL if uncertain
Be patient
>>
I'm thinking about investing 10 percent of my paychecks into a 30/70 split of bit coin and eth to start out, I haven't decided what wallet I'm going to use yet
>>
>>3280092
What is ath and fud, sorry I know I'm a newfag who doesn't into terminology
>>
>>3280121
Whatever you do, don't google those terms, you will get a virus and your money stolen.
>>
>>3280121
All time high

Fear, uncertainty, doubt
>>
dont use Poloniex and don't keep so much on an exchange.
>>
>>3280147
I think someone on the Internet is bullying me again
>>
>>3280195

What's wrong with Poloniex
>>
Google fomo and fud.

Also there are shills on this board trying to manipulate you. Do your own research if making a serious investment.
>>
>>3280026
Newfag here

What is a market cap and how does it affect the price of a coin
>>
>>3280210
I had 34btc in my account then i logged on and had 28. check the withdrawals nothing. sent them a support request waited, a day later, log on 1btc alts gone too. My account had 2FA on and you cant withdraw more than 25k a day. withdrew that BTC and anything left. Sent more requests got one email back asking to send evidence and such of whats happened. Never heard back even after multiple more times
>>
>>3280221
Yeah I already gathered that much, I'm not going to invest foolishly and get scammed. I just want tips like what wallet or websites you guys reccomend to store and transfer crypto and why
>>
File: 1504145627336.jpg (248KB, 1914x745px) Image search: [Google]
1504145627336.jpg
248KB, 1914x745px
>>3280026
remeber the golden rule:
buy high - sell low.
>>
>>3280257

Oh shit
>>
Which wallet do yuropoors use?
>>
>>3280346
thats why I reckon you can't keep a lot of money on an exchange unfortunately. Its like trusting a stranger with your money who says he wont take it. Gotta move shit back into wallets which is annoying.

My mate even sent me a link to that Dan Bilzerian guy having problems with Polo as well
>>
How to get rich in crypto.
> Don't diversify. Chances are, you're poor. You don't diversify when you're poor. You go all in.
> Do you want to invest or gamble?
> If you want to invest then just buy BTC, ETH, LTC, and/or OMG.
> You'd rather gamble and make 100x gains? Well you're in luck. You are the house, and you are in control of the odds.
> Look at what's being shilled on /biz/, and look at the supply of the coin + its marketcap. Check on Reddit if it's being shilled there as well, and if it is, then you should hop in on the pump.
> Sell at a 150% profit so you don't become a bagholder.
> If you look at the all-time candlestick chart and see that a coin has never pumped before, then chances are that it will pump in the future.
> Rinse and repeat.
> FOTM altcoins will make you rich in no time.
> September FOTM altcoins: TKN, ADX, IXT, OMG, ZRX, XMR
> Pajeet-tier coins: bancor, sojourn, io coin, stox, ark
>>
>>3280121

ATH - all time high, highest price the coin has ever been
FUD - fear, uncertainty, and doubt - basically panic that happens when a coin drops fast
HODL - hold long term, usually to recover from losses before you sell
>>
File: 31.jpg (68KB, 600x600px) Image search: [Google]
31.jpg
68KB, 600x600px
>>3280026
read my site and follow me on twitter for sick calls and memes op

twitter.com/startaletv
>>
>>3280390
>>3280400
>>3280411
>>3280412
Which wallet should I use?
>>
What are the preferred exchanges of biz? I can't decide between coinbase, kraken, poloniex, bittrex and binance. Suggestions?
>>
You should use three of those.
> Coinbase --> GDAX
> Bittrex
> Binance
Enable 2FA on all of them and use a different password for all of them as well.
>>
>>3280466
2fa?
>>
File: 38.jpg (28KB, 620x352px) Image search: [Google]
38.jpg
28KB, 620x352px
>>3280415
myetherwallet and a ledger/trezor should fit most of your needs.
>>
>>3280456
Bittrex
>>
>>3280415
So if your just planning to invest and not trade just use the hardware wallets which you can download from the coins website. Monero for example has a great hardware wallet. Always good to back them up on a few USBs.

If your trading on exchange Bittrex has been pretty good no "DOS" attacks so far. 2FA is a must on all exchanges and different passwords as someone else said.
>>
>>3280470
2 factor authentication. Higher security than just a password.

>>3280368
I would also like to know this.
>>
>>3280496
Aren't alt profits fucked if the price of Btc drops since you pretty much have to trade through Btc before getting fiat? Can someone explain how that isn't a problem?
>>
>>3280600
>Aren't alt profits fucked if the price of Btc drops
Yes
>you pretty much have to trade through Btc before getting fiat
No


Nigger
>>
>>3280703
Explain your "no," double nigger.
>>
anonimity question about bitcoin.so I make an online wallet and someone sends me 1btc.how can i then transfer that 1btc to hardcash or to a papyal account ANONMOUSLY if every bitcoin transaction is on a public ledger?
>>
If an investment goes up and you want to sell, find out why it went up first. Pump n dumps = get out now, legit news and momentum stay in for a while.
>>
>>3280026
Buy Monero and hold it ubtil you learn crypto
>>
do research, read reviews

maybe try this

prospectusreport.wordpress.com
>>
Don't randomly send crypto to any Adress posted at /biz even if they promise mad gains
>>
>>3280071
This
>>
>>3280772

When btc is low you can sell alts to receive more btc than normal cos it's cheap
Thread posts: 44
Thread images: 6


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.