Okay /biz/, I worked hard this summer and I have some money to invest. I already put $1000 in the stock market and now am willing to put no more than $500 into crypto as YOLO money. Problem is I know jack shit about this market.
I was thinking 40% bitcoin, 40% ETH, and maybe 20% OMG? Should I wait for a dip in any of those or get in while I still can? Good hardware / software wallets?
Go all in on one coin. If its yolo money why tf not?
100% XMR or
100% OMG
Yolo?
Buy either bancor or golem and don't look at the price for 2 years. Thank me later.
Lol 1000 in stock market
Crash coming soon
>>3367660
Also, don't fucking sell you twit. Hodl for a bit. It should 10x easy eventually.
I'd use a wallet like Exodus and maybe a few coin-specific ones too. Basically, don't over diversify. If you're just doing $500 then don't expect to see any real returns with the safe coins like btc and eth. Put maybe 50% in ARK, 30% in OMG (it's p.expensive now though so you won't get great return) and the rest try a cheap new-ish coin like Komodo, ANT, IOTA. Sometimes the hype on /biz/ can be actually more valuable than the coin's performance in the short-tern. Oh yh and don't try to chase moons, hedge youre bets on something that's looking to moon soon and is in a dip
although Anon, you'll say you'll only do $500 but it's addictive asf and everytime /biz/ shills the latest shitcoin you'll just stop going out to eat or buying clothes and forget about your next vacation for more potential crypto gains.
>>3367666
At first I was waiting for a correction but then I realized trying to predict the market is a meme.
>>3367660
>>3367673
I feel like OMG has already boomed. What should I look out for on the cheaper coins that sets them apart and makes them worth investing in?
ARK seems like a good investment but I don't know much about the rest.
>>3367665
Buy either of these and you'll have like 10k in 2 years.
>>3367390
20% XMR
>>3368130
B
Bancor is jewish
>>3367390
Put at least $200 in ANT. Trust me this thing is about to triple.