Bitpetite

its also hard to go wrong with massive stock funds like the S&P 500

why is it my best shot?

Put 0.02 of it into my BTC wallet and the rest of it into LINK on Binance.com. Trust me

1L64aMKBZgegye1zearX5JmqULRBTf9kpR

You make less than $6 an hr?
I'd be wary of throwing 1k at this because that is SIGNIFCANT relative to your income.

I have an account on Binance, but i have no idea how to get link, like i said the money is in my hands right now, not even on a credit card, i just saw bitpetite and read about it, saw about it on here, figured it looked legit.

i dont even have a job right now, this is literally a loan for me, a 19 year old neet retard in a small town.

>google 'bitpetite'
>second result is a youtube video calling it a scam
>"looks legit"

invest the money in some rope and a stool.

the odds of you turning that $1k into anything substantial right now, especially given your lack of knowledge and experience, is virtually zero. You'll likely just bleed out and see your $1k become 800, then 500, then 300, until you have nothing left.

You'd probably be better taking it to the casino and betting red or black on roulette.

holy shit i didn't see that. well at least i haven't done anything yet.

ANYONE got a good idea for 1k?

im going to give you actual advice, a rare sighting on Veeky Forums

take $900 and put them in a bank account, forget about it.

Take the last $100 and practice trading with crypto. Trading is like any other skill and you shouldn't put all your money in until you can reliably turn a profit. This can take a few months, but you'll save yourself a lot of money.

>Put money onto credit card
>Buy Bitcoin on Coinbase.com with credit card
>Send 0.02 Bitcoin to my wallet
>Send rest to your Binance wallet
>Exchange it for LINK at binance.com/trade.html?symbol=LINK_BTC

Go to bed Tony

This.
Trading is a genuine skill and once you get good at it it is very fun but it takes a LOT of practice and learning.

What makes you so sure it will be worth it, or are you just fucking with me, i can't trust anyone on here so i'm just gonna lurk around while i learn more about trading crypto.

OP, listen to me.

I got into crypto only at the end of July and only now do I really understand anything about investing in this market. I'm 31 years old, I have a college degree, I'm well-read, I am not dumb.

Don't do what I did. Don't use your money yet. Instead, set up a test portfolio on CryptoCompare or even Blockfolio. Make imaginary buys and sells with the amount of money you actually have.

Do not make any real investments until your portfolio has almost doubled and remained in that territory for a good month. Then you'll be ready to actually play the game.

Not OP, but is it wise to put my LINK coins into myetherwallet after I purchase them?

you'll do the same mistakes after.. you

Just buy btc when it goes down (hopefully) and return his funds in fiat when it goes up, make blockfolio test portfolios in the meantime but please please OP DO NOT PUT THAT MONEY INTO ANY ALTCOINS. Just wait until you've made a good trade on btc to start fucking around

Why not, transfer fees are low... make sure you have backed up your MEW before you transfer. Doublecheck your address

Wiser thing would be to outright sell LINK and buy POOPRINGS

And that teaches you almost nothing.

It's completely different to trade on paper than it is to trade when you can actually feel yourself losing and making money. One of the hardest part of trading is controlling your emotions and you learn absolutely nothing of that from simply trading on paper.

Plz OP listen to me, don't lose your money buying some retards bags on here because they shilled you on how low the price was and how high it was going to go, make your own informed decisions after you've spent a month or two watching and learning. If you do decide to buy btc wait until it's a good entry point

Thanks, just making sure since I'm also a newfag and I read that keeping your funds on places like bittrex aren't a good idea.

I have about 50% of my folio on exchanges... they seems more secure now. Always use the 2 factors authentication. It is safer in you wallet, but every transfer costs fees so if you're trading on a regular basis, it might be wiser to keep it on exchanges...

What's more lucrative, LINK or BTC?

Will LINK make me a millionaire so i can get the fuck out of my parents house, quite frankly we are poor as fuck and we eat ramen everyday, whatever i do i have to be really REALLY careful....

I have been reading stories like that on here for a bit that link is gonna be crazy.

> Download blockfolio
> Add holdings of link into the app
> Watch it for a week
> Feel regret if you missed gains and relief if you avoided a train wreck
> return to biz and find the next most shilled coin
Rinse and repeat, put 75% $1000 primarily into btc/eth/xmr maybe ltc maybe zcash as another user pointed out hopefully all at a good entry and AT MOST make informed decisions on altcoins with 1/4 of your portfolio as a beginner

its not the 2FA protecting your individual account that has ever really been the big problem with exchanges, assuming you kept a clean computer and didn't click on suspicious links getting hacked wasn't that common. The biggest issue is we can't actually trust exchanges, we can't know that at any random point in time an exchange won't claim they're bankrupt or suffer some catastrophic system failure or the exchange itself get hacked or someone working high up at the exchange deciding to do something devious and start subtly stealing from wallets. I agree that the feeling is that exchanges do feel safer nowadays but it's still a risk compared to keeping your funds in a wallet; first thing I did when I started getting serious about crypto trading was order a hardware wallet for the peace of mind and keep the bulk of my investments in there, only really keeping whatever I plan to daytrade with, or my short term small-to-medium holdings on exchanges if I think I've bought into a pump before the dump

some people genuinely were not meant to survive

thanks. to be honest it's my parents fault for not being financially stable when they had me, what a stupid choice, at least im white.