I have been actively trying to change my life for the better for the past year or so after hitting a bad spot in my life, so far I've done well in my changes. One thing on my bucketlist is 'investing'.
Something I planned on trying/doing when I was financially stable.
So anons, I'm looking for something simple to invest in. I'd love to get into coins but I fear that they are way to complicated for me. I was thinking stocks, but even then those look fucking complicated.
tl;dr : brainlet looking to invest into something simple and not to expensive, something to chuck %10 of income into.
Something tells me machine learning and AI sounds difficult, is it not?
Grayson Nguyen
If you're retarded and lazy Invest in ETF Index funds
Nathaniel Barnes
Invest in memes(LINK)
Adam Rivera
No, you don't need to do it yourself brainlet lol, that's not how investing works. Find companies that make something related to it, and required components. Just learn enough to tell truth from bullshit.
Eg. NVIDIA make GPUs, which (like crypto mining) are invaluable in ML. Might be a good hold then right, if ML takes off? And NVIDIA need minerals to make em, find out who the suppliers are of those components and buy em, plus commodity futures for those raw materials etc. And so on.
If you're after shitcoins, obviously Chainlink.
Andrew Wright
You user...
>Eg. NVIDIA make GPUs, which (like crypto mining) are invaluable in ML. Might be a good hold then right, if ML takes off? And NVIDIA need minerals to make em, find out who the suppliers are of those components and buy em, plus commodity futures for those raw materials etc. And so on.
Have shown me the exact reason why I never actually invest, I don't think that far ahead unlike yourself. I suppose it's a skill I will have to acquire!
Quick question about stocks and whatnot.
Let's say I put $1000 into NVIDIA. When would I see some return? Years down the line via slow divends or whatever they're called, or by holding onto them and selling them at a higher price?
Tyler Perez
Getting into coins now is a good idea.
If you wanna start out now, go into ETH once you're there, you can learn more about crypto.
Use Waruso for questions, and references.
Robert Gonzalez
dont invest anything for a long time. just observe and learn for a couple months. dont worry about missing stuff. there will always be another rocket to jump on.
Angel Hall
Writing it down. I thought ETH was a big meme? Like I said /biznewfag/ here.
Also, what's the best website to start trading/purchasing ETH/coin on?
So many to choose from, and their interfaces all look like a fucking control panels for a nuclear power plant.
Austin Cooper
>I'd love to get into coins but I fear that they are way to complicated for me.
Buy bitcoin. Simplest and possible the safest option in the LONG term.
Eli Smith
They're like fucking 9000 dollary doos a piece
Aaron Harris
you dont have to buy one coin. you can buy 0.1 of a coin. or 0.01 of a coin.
but please take heed to what i said, observe for a couple weeks without putting money in. learn.
Bentley Smith
I'm here to take advice, and I will listen to what you have said.
But for BitCoin, let's say I bought 0.1 or 0.01 or whatever.
How do I profit of that? Do I just hold that 0.1 until the price goes up by 5% then sell?
That's why I hate coin, no idea how the fuck to make some dosh of it.
Owen Ramirez
christ. thanks for giving an insight into newfags fren.
bizbros pay attention. this is how a newfag thinks and this is the exact reason why ripple, tron and paccoin pumped so much/
Justin Morgan
#1: Stay the fuck away from Jow Forums and find some actual good mentors. Set up a Twitter network, maybe even as a beginner some of the books are safe to read. Most are crap though.
Nicholas Morgan
Yeah you buy 0.01 BTC at the price of 6870. You sell your 0.01 BTC at 7000.
You made a profit.
Though most traders don't do that. They use their BTC to trade other coins.
A good trader would buy 6 XMR right now, and sell it when it jumps up to 0.02200
Basically for traders, BTC is our USD. We use BTC to buy coins when they're low, we sell them when they're high.
So I bought 1 xmr at 0.02008
Sold it at 0.02242, I just increased my BTC by 234
2242 - 2008 = 234
terms to google: swing trading support and resistance levels
Cooper Flores
well why the fuck you think i'm asking jackass
that's my point, i don't want to do it the wrong way
Blake King
good fucking christ. OP DO NOT TAKE THIS PERSONS advice. He is a faggot day trader that thinks his TA can predict the future. If you want to survive and invest in coins, read digital gold, satoshi's paper and watch 3blue1brown's videos on how bitcoin works - then read mastering bitcoin by Andreas A..
Also, stay the fuck away from reddit. The coin subs (including r/cryptocurrency) will brainwash you into buying their coins. It's a similar story here, though if your smart you'll be able to stay here and figure out whats shit and what's not - with reddit, its impossible.
Jaxson Wright
thank you anons, you're pretty alright guys.
retarded question, i know, but let's say I increased my BTC by 234. I'm guessing I keep doing what you stated before, trying to acquire as much as possible?
Then what to do from there though? Hold/Sell
I guess that's my problem, I have trouble thinking ahead.
well fuck. can't trust any of you assholes, expect you, you look alright, until the next guy says otherwise. also, what the fuck is a daytrader mean. that some sort of biz insult?
Wyatt Flores
see
Sebastian Rivera
>support and resistance levels >predicting the future
Yeah op, that's something you'll have to learn for yourself too. You can be a naive HOLDER like this guy, who will eat his losses over and over in the HOPES that everything will recover.
Or you can be a trader, and that doesn't mean you're watching a chart everyday. I'm certainly not doing that. But I will a coin when it's pumping, and buy back in when it's dumping.
Most people do not have the brass balls to do that, which makes more money than just holding. So they will talk shit on people who do.
It's really fucking ironic because he claims I'm trying to predict the future. But he's the one with the blind faith...
Hunter Peterson
>But I will a coin when it's pumping, and buy back in when it's dumping.
But I will sell* a coin when it's pumping, and buy back when it's dumping.
Caleb Davis
so a day-trader is someone who buys coin whenever it is pumping, then dumps it into another? instead of holding onto it?
A trader / speculator is someone who is in it to make money and takes his investment seriously in that he will pull out when he's losing money, and re-invest somewhere else. Repeating until he finds a winner. He's in and out, doesn't actually care about the coins. (The entire market doesn't really give a fuck about what any of these coins actually do, honestly)
A holder will research a particular coin, find one they like and then buy a lot and never look at the chart again (though they look at the time anyways).
Christian Harris
lmao. faggot i have seen countless people get rekt because of "muh memelines" on the way up to 20k from 300.
Jayden Kelly
Just because you're a loser and hang around losers doesn't make everyone a loser, user.
David Thomas
oh so a holder hopes to get lucky and be like a dude who bought bitcoin in 2012 and made bank 5 years later?
basically just hold onto a 1 cent coin until it (hopefully does) reach like a dollar or some shit?
Leo Brown
buy LINK
John Myers
Yes, that's what Digibyte is actually about (currently at 0.03$ worth to be 1$ in 1-2 years)
if you're interested in being a trader, check out quickfingersluc youtube videos. he doesn't sell anything, he's just a nice guy trying to help people
Carson Smith
he can tell you now cause NVDA is up for 2 yrs
Blake Johnson
kinda like all these kind anons in this thread =)
to trust or not to trust, hmm...
Jonathan Parker
Listening to biz coin recomendations is something only fresh fish do.
Those are people who already bought, and they want you to buy and make them some money.
Levi Torres
That is my onest opinion on DGB.
PS: They just got on the 2nd biggest crypto ATM provider They will be the first on the nasdaq powered dx exchange The CEO has talks after talks at MIT/Harvard (where the futures investors are) It is not a security/ICO so no regulation issues Not on Binance since they flipped them off (we are not paying several 100k$ for a listing)
The only isssue: Too bad they have no marketing. So there is a lot of memeing going on.
Bentley Nelson
ok let's say i wanted to buy DGB (Ausfag here.)
do i have to buy 0.0 something BTC first and trade it for DGB?
or can i simply use card, lol.
Adrian Gonzalez
Try test trading platforms first if you're new. You can make accounts and test portfolios. Learn how charts works, learn some technical indicators. Every pair around the world is available on tradingview.com (crypto and stocks). Good luck
Or you can checkout a crypto ATM from "GeneralBytes" they have DGB available if the maintainer has installed the latest update.
Carson Collins
Oh credit card my work with other exchanges too since (I think so) they will convert AUD to $/€
Hudson Miller
Most brainlet proof suggestion, I would wait for a stock market crash though
John James
Bought that stuff 2 years ago at 80 Sat, still holding Should have dropped a luttle at the last peak but meh Bought even more now. Don't listen to Jow Forums pajeets shilling the latest ICO with not even a whitepaper.
DYOR OP A crypto purge is coming, do not stick with ICO memes
Josiah Gutierrez
Dude stop spreading QFL. It's why it's stopped working recently. The more people know about a trading method, the less it works, until it stops working. e.g. if you expect a "QFL return-to-base", someone with a big order will place their sell below base to get it completely filled. This will become a sell wall that will prevent the price from returning to base, leaving all the other QFL-trading now-bagholders to place their sells lower next time, making it not return to base anymore. etc.
The more people know about a trading method, the less it works. That's why Luc doesn't share his penny stock trading method (which is his bread-and-butter) and neither does he share his AB (account building) crypto coins.
