Any rich robots? I'm retired at age 29

>why don't you do the same?
Because to do any kind of trading, you need to already be decently rich to begin with, you cannot do this shit successfully if you have little money to start with or can only do it in low volumes

Set stop losses, ex if BTC falls 5%, sell.

High risk = high reward. If you're young, most of your earning years are ahead of you. You should take risky investments. If you're a 50 year old boomer, don't invest in anything but index funds.

You will regret not buying BTC at $5000 when it hits $20,000 again, the same way I regret not buying BTC at $300.

I'm a degenerate gambler who has studied trading, markets, economics since I was young. For the entire 2 friends I have I tell them to just buy and hold BTC.

If you decided to buy other cryptos, trade to acquire more BTC. if you're up in dollars but down in BTC, you would have been better off holding BTC in the first place.

I wish someone told me that when I started trading, I would have 2 million dollars today.

The hardest part of investing in bitcoin is the first purchase. Even if you buy and completely forget about your BTC it will likely rise in value.

There has never been a period of more than 3 years where anyone who bought BTC lost money. It has trended upwards for the last decade.

Degenerate gamblers, all of you.
Get a fucking job.

>Set stop losses, ex if BTC falls 5%, sell.
>High risk = high reward. If you're young, most of your earning years are ahead of you. You should take risky investments. If you're a 50 year old boomer, don't invest in anything but index funds.
>You will regret not buying BTC at $5000 when it hits $20,000 again, the same way I regret not buying BTC at $300.

Idk man, I'd be better off playing roulette with it.

Not that it matters, I'm a college student with 100GBP with his name that needs to survive on for the next month until I get a new job.

>Set stop losses, ex if BTC falls 5%, sell.
Literally buy high sell low.
Why would you even suggest this? Bitcoin is volatile as fuck. It is virtually guaranteed to drop 5% at some point, even if it eventually hits a million.

>boomer family friend/ex crack head construction guy trying to tell me how to get my shit together after breaking up a 7 year relationship
>crying, drunk
>tell him "plenty of people get a head start with a loan, it's important to pay back your debts, I would pay back whatever I borrowed, that's important to me"
>not really even hinting at him specifically, but all he ever does is talk about how he has money to throw around on whatever
>he goes "why would I ever loan *you* money" just like that
fuck boomers, this happened years ago and things are a little better but what a fucking asshole, he went on from there to try to teach me about god and shit. fuck religionfags too

Is standard bitcoin the laziest thing to invest in, I mean the buy and forget type of thing?

Also, if in the future I want to sell, how the fuck would I get my money on a bank account, do you pay taxes on that shit?

Euro fag here btw.

Thank senpai.

What I'm saying is keep ratcheting up your stop-loss. You sound like you're a buy-and-hold kind of guy.

I bought 80 BTC at $3200. every $500 it increases I increase my stop-loss by $250

Right now my stop-loss is at $4700. It's all about risk management and risk tolerance.

If I wasn't a trader I wouldn't even look at the charts anymore. Yeah sure it might go down some more, but the bear market is over. Volume is at an all time high. Things are moving upwards soon.

Also tell me something more inexpensive to buy, im not from the affluent countries in EU.

BTC is the biggest, most stable and probably the best buy-and-forget investment. Make sure you secure it so you don't end up like those meme news stories where they lost their laptop in a landfill full of millions of dollars of btc.

try coinbase, they let you buy and sell with a debit or credit card. I've never had issues buying or selling.

Taxes depend on your country's capital gains laws. I have never wanted to sell BTC. If I think it might crash, I sell for dollars on binance.com and re-buy when its cheaper. I never cash out to my bank

you can buy $10 of BTC, you dont have to buy a whole coin.

this chart is slightly off, we hit $3000 in DEC instead of OCT, but now we're in an uptrend towards $5500

Attached: 524e0016-c6b7-49bc-8670-5d9399471ab2.jpg (1280x598, 140K)

>you can buy $10 of BTC, you dont have to buy a whole coin.
From coinbase? That's lit asf, I don't have much money and I'm not immediately earning, but I can spare 10GBP for the time being

goo, cuz after 1 year of working and saving, i can spent everything to my name to buy half a bitcoin...

And then you can lose it all when bitcoin goes to $0.

im not putting everything i have into shit i dont understand

ill prolly spent 1000 and see where things go a year or a few from now

People have been saying that since the beginning.

Every time it crashes it never goes below the previous high

when it went from $1 to $100 then crashed to $30

When it went from $200 to $1000 and crashed to $300

When it went from $1000 to $20,000 in 2017 and crashed to $3000

We are at $5000 right now, act wisely.

Better than buying 0.05 BTC at $20,000

If you use my sign-up link and buy $100 worth, we both get $10 bonus

coinbase.com/join/58c82de5b2b38700a361ad7b

Which is the only sensible way to invest in bitcoin. Put in a negligible amount of money and if you lose it all, oh well.

>If you use my sign-up link and buy $100 worth, we both get $10 bonus
>coinbase.com/join/58c82de5b2b38700a361ad7b
Sorry bro you waited too long.

Doesn't matter anyway bc I can't get past the address verification bc I don't receive paper bank statements and my accommodation takes care of all my utilities so I have nothing from the last 6 months let alone last 3 months.

I literally started investing in BTC by selling $900 of runescape gold, it was money I could throw away.

I quit runescape that week and never looked back.

This is one of the most prolific Google devs explaining why he thinks BTC will continue to appreciate in value

medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1

Long story short, there will only EVER be 21 million BTC, but they will never stop printing US dollars. You do the math

Sorry to hear that. If you need, try localbitcoins or google 'bitcoin ATM near ____', though you'll pay a premium at the ATM's

>Sorry to hear that. If you need, try localbitcoins or google 'bitcoin ATM near ____', though you'll pay a premium at the ATM's
150km away

Here's how you get rich anons.
- Get a job.
- Spend your money wisely.
- Save.
- Invest in stable assets.
- Wait a couple decades, depending on your income.
If you want you can put 1% of your net worth into bitcoin but you should expect to lose it because you very well might.
Trying to get something for nothing almost never works, unless you get very lucky.

Can I ask to all your Bitcoin millionaires, how many of you have been able to cash out? Because I've talk to a lot of anons who have lots of Bitcoins and every last one of them has struggled to turn them into real money.

>coimarket graph shows clear spikes in price followed almost immediately by crashes
>even a shitty meme chart shows clear pump and dump scheme
how do people even lose money on bitcoin? lmao nigger literally like clockwork, buy at its current low and within a week some fag will pump it

There is forums where people trade bitcoin for cashapp Venmo and PayPal

You can buy with a card on Binance

You can use my link to save 50 percent on any fees, binance com/? ref= 28732273

I've cashed out thousands without issue

>People have been saying that since the beginning.
What's your point? People have also been saying it's going to go to a million? It could easily go in either direction. That's why it's not an "investment".

not OP, but this is boomer tier strategy, if you want to get rich you will need a big sum of money in the beginning to invest, either a loan or daddy money, wagecucking yourself to buy indexfunds will certainly not get you to 1 million bucks (unless you are making like 100-200k) and even then it will be retirement money, the people that are young and rich get their money from their parents or because they are crazy smart and lucky to start a big business, if you are stupid or middle class well tuff shit

The fact that 10 years on it is worth anything at all proves that its not a meme, not a fad. It has had lots of ups and downs but over the last 10 years, year over year, it has trended upwards.

Bitcoin isnt a get-rich-quick scheme. Bitcoin is a get-wealthy-slow scheme while the normies lose their funds to the invisible hand of inflation and credit bubbles.

Bitcoin is the only asset in the world that cannot be stolen from you. If your bitcoin key only exists in your head, no one can take your funds.

If you lose your key, there is no single entity in the world that can move your money anymore. The laws of thermodynamics work whether you understand them or not

Sounds to me like it would be a struggle and a massive hassle. So again it looks like Bitcoin millionaires don't actually have any money.

>You can use my link to save 50 percent on any fees, binance com/? ref= 28732273
The link doesn't state anything like that btw, if I click to register it goes to a nomral registration page and mentions nothing about saving on fees btw

How will that not get you to a million bucks? I'm 30 and I'm a millionaire. I made it by saving money when I had a job, starting a small business, and making some conservative investments on the side. I've never made more than 100K in income except for one year.

>The fact that 10 years on it is worth anything at all proves that its not a meme, not a fad.
That's fucking ridiculous. There is no time limit on a bubble. Bitcoin is the textbook definition of a bubble.
>Bitcoin is a get-wealthy-slow scheme while the normies lose their funds to the invisible hand of inflation and credit bubbles.
This is a hell of an assumption.

cause i have shit all to start with. what's the point of trowing 100 bucks at a multibillion dollar market and hopping to get anything in return

>No, money will not make you happy. But it definitely helps.
That is such a gay thing to say, holy shit.
It's literally the single most limiting factor for things you want to do.
Yeah, money in your bank account doesn't make you happy if it just sits there, but suddenly you are able to do all kinds of cool shit.

the gold market cap is 7 trillion for comparison.

But yeah, you will likely not get rich buying $100 of any asset or stock.

How would you guys recommend learning how the stock markets work? I have a small savings account with 5000GBP and I plan on staying at my parents house while I work so I can save up a reasonable amount and invest it effectively. Would I be best trying to learn how the stock markets work myself or getting in contact with a stock broker or whatever you call them and letting them take a percentage of any profits or whatever they do?

The cryoto craziness is over.
There was money to be made 15 years ago, but not anymore

>why don't you do the same?
bitcoin hype is over. I started to late

>tfw keep falling for Jow Forums pump and dumps