1.ETH is going to be your best bet. You can consider this coin to be the Google or Amazon of the dot.com bubble. I call it a dot.com bubble because there are too many shitcoins (with no real uses) coming out that will be wiped out with a small market correction. Sure you will not make 10x gains in a day but long term it has potential to double and triple.
2. Research the coins. DO NOT rely on biz and twitter shills. They will spread fake news. Visit the websites of the actual coins and find out about them.
3. If it has a meme girl attached to it (DGB girl, moon girl, ect) it's a trap user. If it looks like a fidget spinner (Ripple) do not buy it.
4. Nobody has an idea of when "The Crash" will happen (News regarding China in June looks big). Bitcoin has "collapsed" multiple times in the few past years but has climbed to new highs each time.
5. Bitcoin is the gold standard of the crypto market. If you want to buy any coins you will have to start with buying some bitcoin to get in. If bitcoin goes down a significant amount expect the whole market to follow.The only exception looks to be ETH. This coin has potential to become its very own pillar next to bitcoin.
6. Bump this thread if you want real discussions as shills will try to bury these threads to continue spamming their pump and dump coins.
yeah eth is a fine investment, but you're not going to get rich off it at this point. daytrading memecoins on the other hand...
Justin Powell
itt: cleverly disguised eth shill
Matthew Harris
buy MOON
Michael Turner
I'm taking my scholarship money ($3500) and dumping it into ETH. I don't think it will replace btc in the near future, but the industry support gives it massive upside. If crypto use is going to be widespread as a currency instead of an investment, there can be only a few winners in the long-term.
James Murphy
jokes on you, already tripled my invested thanks to mooncoin, made the average persons salary in a matter of days.
im still gonna hold until the weekend, though.
Jack Jones
Sell in early June, buy back in mid June when China crashes the price
ETH will probably take a hit from this too since almost everything trades in BTC, right?
Jayden Ramirez
this is solid advice
Chase Scott
What is happening regarding China in June?
Dominic Allen
China likely lifting their ban on trading for cryptocurrencies sometime in June, and a whole bunch of people are gonna be in on the market who have been unable to sell prior to then
Ayden Scott
Meme coins are memes for a reason . How am I shill. Take a look at the top coins. The only ones with significant market values are bitcoin, ETH, and XRP. If you know anything XRP you would know something like 60-80% is held by banks and initial investors defeating the purpose of crypto currencies. A significant dip on bitcoin will have an effect on all coins but ETH looks like the best option of holding out this "crash".
Brayden Williams
eth is a safe bet until the flippening, and probably beyond that
Connor Rodriguez
I'll hold off on my major investment until after a verdict comes on that issue. What's the source on this info? or is it a rumor
Julian Jackson
>Now that BTC and ETH have distanced everyone let me tell you that BTC and ETH are the best ones
Wow. Thanks for the hindsight, OP.
Lincoln Butler
No one is shilling ETH at this point. It's literally changed the game. You can't shill the kind of money needed to make this thing go up.
Jacob Morris
So much this OP.
Also read the whitepaper / yellowpaper for every coin if you want to invest. Even if it doesn't make complete sense (it won't, ethereum yellow paper is grad level math) it will help you make a better decision.
Ethan Jenkins
would like to know source as well?
Asher Gomez
>Also read the whitepaper / yellowpaper for every coin if you want to invest. Even if it doesn't make complete sense (it won't, ethereum yellow paper is grad level math) it will help you make a better decision.
so long as you aren't a complete retard and get in early enough, coins shilled on Veeky Forums are safe money
Christian Sanchez
You are right about that. Thing is you need to first get into coins with a future and then play around.
>Pic related just happened to DGB
Mason King
>Nobody has an idea of when "The Crash" will happen (News regarding China in June looks big)
explain? i thought june was good because of the metropolis launch for eth?
Nolan Johnson
Bump for truth.
Cameron Baker
day-trading meme shitcoins turned my 300€ into 800€. Going long on ETH made me about 5k € on top of that in half the time.
>people still don't know about leverage and margin >people buy and hold ETH and wait on gains, try to sell at "peaks" and catch "dips" I used to do this too but its not worth it. It would have doubled my money had I just held, which would have been nice, but I would be far under 5k€. Instead I leveraged from the start and kept reinvesting my equity from the open position(essentially unrealized profit) to open more positions. Sadly I'm at 10k€ allowance cap atm on kraken and need tier 3 verification to get up to 100k€ which will be a bitch to go trough.
ETH is the safest coin out there atm, and only good things going for it. It will keep going up. I somewhat regret closing my starting positions but I had 10k€ worth of positions opened and 750€ of actual cash, so I went the safe route.
Seriously, LEVERAGE the shit out of ETH and just sit tight and be patient. Pic related.
Isaac Allen
>ETH is the safest coin out there atm >and only good things going for it.
you must be fucking brain damaged
Samuel Cox
>check date of post >check ETH price at that time >check ETH price now >????? >profit I'm laughing my way to the bank.
Noah Howard
Am I dumb for holding ETH:BTC at 10:1? Kinda FOMOing on BTC right now.
Jayden Mitchell
Can someone put this in a context that a retard can understand? Thanks.
Luke Jenkins
ETH is a jew scam, just wait for that special day.
Zachary Bailey
>I call it a dot.com bubble because there are too many shitcoins (with no real uses) >(with no real uses)
Nail on the mother fucking head
Brody Reyes
So is it worth converting btc back to fiat for a little while until the price has finished dropping (depending on this news regarding china).
William Gray
You misspells ripple and other premine coin
Jordan Cox
Basically, virtual machines are very hard to implement. Even if you limit the instruction set to a small subset of the typical CPU with simple loops and mathematical operations, exploits can still often be found through the little hacks patching it all together, and everything becomes messy with all kinds of shit mixed in
That being said, good luck tacking ETH's features onto BTC. It won't work.
Zachary Thomas
Got it. Thanks.
Jayden Sullivan
>leverage and margin Could you redpill me on that ? Is it like a loan or something where I pay half of my profts ? Can I do that on bittrex ?
Jeremiah Bell
i'm in 9ETH:1BTC
the dippening happened and i'm literally at even right now
not a worry in the world
Noah Roberts
>2. Research the coins
im having trouble finding the usefulness of this
i checked a coins website and its in the utter shit and has been going down steadily yet they have a calendar unlike the popular coins with actually future dates unlike other coins
Andrew Foster
To put it as simply as possible, it's an advance from the exchange that is covered by funds on your account. You don't pay any % of profits or anything, only fees.
the TL;DR version is that you essentially magnify your gains and losses on your investment. If I have 10€ I can cover a 50€ advance for lets say 5 random shitcoins opened at 10€ a piece (opening cost of 50€). If these shitcoins fall in price to 8€ a piece then the total worth of my position is 40€. Since I only have 10€ on my account the exchange takes my 10€ and closes my position for 40€ to recoup their loss(and get their 50€ back). I'm broke and I go home. If the shitcoin moons to 100€ and I close my position I get 500€ minus the opening cost (advance from the exchange) of 50€ in total coming to 450€ profit plus the 10€ you started with.
Compare this with just buying 1 shitcoin for 10€, it moons to 100€ and you get 90€ profit. However this is the safer route as it can fall in value as much as it wants and you always have at least that 1 random shitcoin instead of losing all your 10€.
Jace Rogers
How far away are we from businesses accepting ETH as payment in even a hipster Austin, TX coffee shop sort of way?
Cameron James
check how the coin is mine dev background coin feature/future not just pump and dump
that say, you can get good money on scam coin, if you early enough
Jonathan Carter
That's a nice strategy. As long as you avoid any DAO hacks, and never get margin called.
Kayden Parker
Yeah, it's riskier ofc, but no guts no glory. I made enough gains and allowance limit stops me at 10k € so that I'm pretty safe at this point unless the entire thing pops
Andrew Watson
decade or more
Elijah Clark
ETH is nothing more than a ponzi. It makes me sad that so few people understand this.
Aaron Davis
That goes for every buttcoin out there.
Let's assume you made, say, 10k. Where do you think those 10k come from?
Crypto trading is just an elaborate game of who's last to hold the hot potato.
Because Bitcoin is already established and it has limited supply.
It will have ups and downs but it will always maintain it's value if only as a black market currency.
You're never going to wake up one day and find bitcoin is worth 0 dollars.
Colton Foster
When BTC goes up, buy alts. When alts go up, buy btc. Easy. Just don't day trade and don't listen to biz for every coin they shill. Hold
Jeremiah Jackson
number one reason why bitcoin may see insane price increase in the future is the fact that its decentralized censor-free store of value
you cannot just clone bitcoin and except it to have the same attributes
Ryan Smith
*expect
Brandon Walker
>ponzi
but ETH has a value proposition besides being a currency "other than fiat".
there are already plenty of industrial backers who believe in it enough, to put some R&D resources into it.
the question is whether people believe in crypto currencies strong enough for more than 6 months. the idea of a scaling and de-centralised currency is powerful and useful!
the only thing that's missing is some regulation and government support.
the massive volatility we're seeing right now is due to tiny liquidity and influx of new cash.
also, if you're betting on crypto currencies with more than 10% of your net-worth, you're borderline retarded and deserve everything you'll get.
John Ramirez
>also, if you're betting on crypto currencies with more than 10% of your net-worth, you're borderline retarded and deserve everything you'll get. a lambo?
Isaac Jenkins
Guys we've been through this OK, Chinese are desperate to get their money INTO bitcoin not the other way around.
There may be enough retards who have this backwards to create a small dip in the lead up or something, if you see this buy it before they realize the mistake they've made, it won't be big though no whale will fuck this up.
