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2021-01-17 11:53 26126473 Anonymous (pnl.png 283x163 4kB)
how do people get rich off crypto?
i bought and lost 20% in my first week
1 min later 26126525 Anonymous
>>26126473
1. Buy Chainlink
2. Wait
2 min later 26126551 Anonymous
>>26126473
buy high sell low
2 min later 26126556 Anonymous
>>26126473
you buy shit like LINK at ico and wait 4 years
2 min later 26126561 Anonymous
>>26126473
That is exactly how.
3 min later 26126594 Anonymous
>>26126473
zoom out
3 min later 26126598 Anonymous
>>26126473
Most of us held for years through crazy pumps and dumps. We deserve it right now.
Kek @ your expectation to make it after 1 week. Prepare to hold for years or gtfo.
3 min later 26126601 Anonymous
>>26126473
You buy high, I sell high. You lose money, I get rich. Understand?
4 min later 26126624 Anonymous
>>26126561
But in reverse
4 min later 26126628 Anonymous
>>26126473
You didn’t buy AVAX last week? You’d be up !00%
4 min later 26126638 Anonymous
It's all about luck, just like in a lottery. You have to be lucky enough to pick the right coins.
4 min later 26126650 Anonymous
>>26126601
this,most people lose,everyones is getting rekt and larps,only 1% make money
7 min later 26126738 Anonymous
>>26126473
20% is pretty normal
If you hold a legit project, chances are you'll be in profit in 1 years time.
If you swing, get in and out fast, especially if it's a low-cap.
It'll take you a while to become familiar with the patterns.
You'll find that holding over time out competes swinging. I'm in profit from swinging the past year but had I held onto my original portfolio I'd have 5-6x more cash. Just a heads up.
t. Got into crypto in 2019, up 32k.
7 min later 26126741 Anonymous (1566195467789.png 424x362 175kB)
>>26126473
Dont day trade. Just watch charts until you see a good entry and then buy, hold and sell after you get at least a 2x.
7 min later 26126757 Anonymous
Pay attention. Investigate everything that is shilled here. You easily find the 80% scams (usually doesnt take more than a quick look at website/whitepaper). The 20% decent projects will typically 2-5x
My API3 stack (schilled here a lot) just doubled today
8 min later 26126759 Anonymous
>>26126473
Did you sell or hold though?
8 min later 26126776 Anonymous
>>26126473
by not buying the top
8 min later 26126793 Anonymous
Be patient. If you’re serious about improving your financial situation, do some research, buy a stack, and sit on it for a couple years.
If you just wanna play the trading game, that’s fun, but it won’t get you anywhere in the long run.
9 min later 26126834 Anonymous
>>26126793
Daytrade feeds that gambling dopamine high, but that's about it
10 min later 26126842 Anonymous
Buy low sell high
That's it
>t. 40% up in the first week of crypto
10 min later 26126861 Anonymous
Started in 2019 up $220,000. All in chainlink because of the memes and because I realized it was destined.
11 min later 26126887 Anonymous
>>26126473
you are doing it exactly correct Op.
wait, this is still 2014, right?
13 min later 26126959 Anonymous
>>26126473
>>26126741
13 min later 26126979 Anonymous
>>26126887
Right after the big $1k crash
15 min later 26127064 EthereumCooler (2dcitadel.png 750x750 470kB)
>Have hodlbag
>take note of whether it's bitcoin season or alt coin season on the index
>go all in on sure bluechip bet which after a halvening is bitcoin
>take note of corrections in past cycles and watch BVOL1M and logarthmic growth curve like a hawk for parabolic breakdown
>buy dip with hodl bag that was sold at top after minimum of 30% drop
>have swing bag ready for you could be going through this period for two weeks
>wait a month or so till next correction to do it all over again except now you've diversified into DEFI
Also utilize these charts:
https://www.lookintobitcoin.com/cha rts/
16 min later 26127074 Anonymous
>>26126473
It takes YEARS to moon faggot
17 min later 26127143 Anonymous
>>26126650
The dumbest post on /biz/ in 2021 (so far).
If you buy Bitcoin or Ethereum 1-2 years ago, you would at least have x5 your investment.
Chainlink, being chain-shilled 24/7 for 3 years on /biz/, literally the most talked about project by far on this board, have done a x200, if you bought in a year ago, you would have x20, if you bought in two years ago, you would have x40.
the idea that only 1% can possible make money is beyond retarded, the reverse is the case, only 1% are unable to turn a profit over a 1-2 year timeframe.
27 min later 26127523 Anonymous
>>26127143
Basically buy and hold and fuck bobos and haters.
29 min later 26127587 Anonymous
>>26126473
>how do people get rich off gambling
41 min later 26128102 Anonymous
>>26126473
1. dont buy the top
2. see 1.
3. if 1. is still too hard for you, at least hold and dont sell the dip
46 min later 26128318 Anonymous (hmm.png 128x128 19kB)
Ok thanks for your comments folks.
The question now remains: do I buy more bitcoin?
50 min later 26128483 Anonymous
>>26126473
dont sell at a loss
????
its that easy
51 min later 26128542 Anonymous
>>26128318
buy GRT for a 2-3x in next couple days, keep some GRT in to hold long
1 hours later 26129041 Anonymous
>>26128318
hahaha
1 hours later 26129088 Anonymous
>>26128318
BTC is always worth buying but it may not always be the best coin to buy for the most gains. If you're willing to wait though BTC has never failed to push higher eventually.
1 hours later 26129149 Anonymous
>>26126757
Is Cardano considered a decent project?
1 hours later 26129151 Anonymous
>>26129088
this. also since we're down from the BTC ATH it's not a terrible idea to buy now.
1 hours later 26129382 Anonymous
>>26126624
you dont get it do you?
1 hours later 26129449 Anonymous
>>26129382
>he doesn't know
1 hours later 26129496 Anonymous (1603861090266.jpg 1300x900 161kB)
>>26126473
Buy low
1 hours later 26129573 Anonymous
>>26126525
This
1 hours later 26129577 Anonymous
Where can I buy XSN?
1 hours later 26130054 Anonymous
>>26129149
Yes. It will only keep going up IMO
1 hours later 26130136 Anonymous
1. Buy Bitcoin, by which everyone sane means BTC
2. Wait.
That's it.
Don't trade shitcoins.
Don't trade, period.
Just relax and give it a minimum of four years.
1 hours later 26130184 Anonymous
i bought and lost 90% 2017/18
more like 98% if you count unrealised gains
not joking
1 hours later 26130235 Anonymous
>>26126650
I literally FOMOd into chainlink a year ago and I thought I was lucky. I bought XRP, at .17 and sold at .60, I fomod into GRT At .10 and sold at .73. You have to be a retard to not get lucky once. I have yet to be burned, but I would not off myself if I had a 20% drop cause I know chainlink will be at least another 5x before I get my engineering degree in 3 semesters
1 hours later 26130444 Anonymous
>>26130184
You LOST 90%? Literally how
1 hours later 26130496 Anonymous
>>26130444
link dumping to 10c
1 hours later 26130525 Anonymous
>>26130496
And you sold low? Why?
1 hours later 26130533 Anonymous
>>26126525
Literally this
1 hours later 26130561 Anonymous
>>26130525
unless you area TA autist it's impossible to know if the bottom or top is in
1 hours later 26130585 Anonymous
>>26130525
i didnt sell
but i lost from where i bought to where it ended up
im up a lot now
im just saying it's possible to recover from obliteration by picking good investments
1 hours later 26130606 Anonymous
>>26126473
hold and dont sell the price will go up
1 hours later 26130624 Anonymous
>>26126473
You just have to wait. The hodl meme is unironically true. I've lost out on so many pumps just because my greed and add got the best of me. Luckily I hold 10 xsn masternodes so it won't matter in the end.
1 hours later 26130711 Anonymous
>>26126473
Time or insane luck. I put 400 in october 2017, saw it go to 3.5k in january and held like a newfag retard. Nine months later I had 600. But I kept holding and buying good stuff. Now I am at 20k.
1 hours later 26130716 Anonymous
>>26126473
By scamming and shilling.
Have you seen this board? Have you seen all the absolute trash projects that people put their money in?
Crypto is gambling.
1 hours later 26130751 Anonymous
>>26126473
Yeah but next week you'll gain 40% if you don't have the patience of 3 year old
1 hours later 26130835 Anonymous
It's hard to tell the pajeet coins from the real ones. So far I have lost money on
>FLOW
>SBREE (got a lot of profit from it but then it went to 0)
>COOM (this one was pretty obvious but fuck it)
Coins that have given me decent profit
>LINK
>PNK
>RSR
2 hours later 26131103 Anonymous
>>26126741
What website would you recommend to observe crypto charts. Thank you in advance anon
2 hours later 26131123 Anonymous
>>26130835
>coom was real
hahahah wtf bro
2 hours later 26131201 Anonymous
>>26130835
dont forget BRAP
i still have 200m BRAPPERS
2 hours later 26131302 Anonymous (1597285826246.png 383x396 185kB)
>>26130835
>It's hard to tell the pajeet coins from the real ones
it really isn't
2 hours later 26131343 Anonymous
>>26130835
Anon. Lock your bank account. If you can’t tell that those are Pajeet coins you need to leave. If there is a thread for a coin that doesn’t have a white paper, or the only conversation is about price then you’ve found a jeetcoin
2 hours later 26131367 Anonymous (IMG_2001.jpg 1074x2803 195kB)
>>26126473
You buy 0xBitcoin.
2 hours later 26131396 Anonymous
>>26131343
>>26131302
Not gonna lie, there were TONS of other coins that I knew look scummy and didn't buy into, as expected they also went to shit, but they get you with stuff like "this is a new coin, it's worth nothing now, imagine all the gains if it gets to 0.1 cents, easy gains".
2 hours later 26131432 Anonymous
>>26127523
Exactly, it takes newfags way too long to learn that it's this simple.
2 hours later 26131493 Anonymous
>>26126473
It takes a good several months before you start to get the hang of this game OP. You’ll need to take some hits before you start to make it
2 hours later 26131550 Anonymous
honestly if you buy any shitcoin under 5 cents that has a non anon team and a decent whitepaper/vision that isn't retarded youll probably make money
2 hours later 26131574 Anonymous
>>26126638
No it's absolutely not.
Believe it or not, but some people are able to identify repeatable patterns and predictable trends.
Been obvious for 12 months anything DeFi will moon Year of the Bull.
Same with Polkadot dApps.
Same with Cardano.
How do you get Polkadot dApps?
Polkastarter. Biggest nobrainer in crypto.
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