Pardon me for a moment

Thanks man, I genuinly appreciate your advice,
I don't see the need for the hostilities to normies they are the ones that can pump up the prices for those in the know,

Put 3k into a high risk coin (possible x5-10, something like bnty pfr or prl), 3k into a medium risk one (icx, nav, salt, req) and 4k into the safest bets (xrp, eth, xmr). After you get some profits keep compounding them till you make it.
Albert Einstein — 'Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.'

Hey Man,
Thanks alot I think there is some really valid advice in there and ill take it on board.
It's funny my father made and lost alot of money on the share market around 2000 and his advice was sell and don't worry about leaving a little profit in there for the next guy. Obviously this is an over simplification of what he said.
But again I appreciate your advice, may your generosity come back 10 fold.

Thanks,
I plan on doing something similar to what you have suggest eth is my safe bet yet to decide on the more risky ventures.

You can't stress over not selling at the absolute ATH. Few people sell there.

Oh forgot an advice, set stoplosses.

Lol you sound like you invest in the market or are involved in some other form of business.
I totally agree with the stoplosses.
By the way any enlightening books you have read on crypto or blockchain?

At least living in Hong Kong I don't see taxes being a problem considering I'm an Australian citizen legal residing here.

Not really, I may not be a software engineer but I do have GOOG shares. It's a good idea to read up on cryptos but don't expect to deeply understand cryptography before investing. I'm not involved in businesses, I was a mathematician until I found out 10 years ago that markets are more profitable and easier than teaching/working for corps. It's hard to not make money in the crypto market right now.

Ah i see, I still trade in the old fashioned notion of buying cheap products from China and selling for an inflated price in the west.

How difficult is it getting Chinese citizenship in Honk Kong / Macau or is it autonomous.

>1.
twitter, the websites themselves, white papers, medium, steemit
>2.
here's a nice little summary video. it might talk a little fast, but it covers the innovation of blockchain
youtube.com/watch?v=ru_vu-T0hd8
the real techie stuff is hard to explain. I personally don't understand DAG. But I trust people that are suspicious of DAG for the moment.
>3.
ICOs are a godsend, HODL works, PATIENCE DILIGENCE AND FUNDAMENTALS.
Day trading on fractals and support/resistance can be easy. (see ripple for the last weeks, pattern is perfect)
you shouldn't day trade with more than 10%, but if you are a poorfag, feel free to work with more. All in is a meme. Diversify, but make sure you can invest at least 100 to 200 USD per coin. the common advice is 4 coins + 1 of the big 3, my advice is 6. take your profits and either further diversify or rebalance.
>4
Taking your coins off an exchange makes them your coins. Crypto makes you your own bank. very important to understand why the tech is revolutionary. Blockchain is to finance, as the internet is to communication
>5
no, it's not recommended.
>6
cant answer this one

a;so don't lose this it's mission critical for you to learn to DYOR and be confident in your DD.

Thank you for your advice i'm saving it all in a document. I really appreciate it.

Hong Kong/ Macau has its own form of citizenship
separate to China.

I don't know about Macau in terms of what i'm about to say but it is a shit hole except for gambling and I would hate to live there.

In Hong Kong I don't know about citizenship so much as basically there are very few Americans here that I know personally and Canadians, Australians, Brits and Europeans go down this route of Permanent Residency. Basically you have to reside in Hong Kong for 7 years it is pretty easy to get a visa as entrepreneur, If you have a track record of success of some relatively large amount of capital. Also to get a working visa you need a Bacholers degree + 2 years of experience, this is a common way for people to come here. I meet alot of people who came here for 2 years and stayed for life.

HOWEVER unless you intend on doing business in China I would recommend Singapore over Hong Kong. In 2047 HK will return to China so if your looking for a long term home and your youngish then this could be a problem.

I have a company that handles my taxes and payroll ect. Basically if I build a big enough business as I sell outside of HK I can basically pay 0% tax.
BUT again if your American alot of these places won't touch you with a 10 foot pole because they don't want to fuck with IRS.

Citizenship requires language requirments but it is a bit of a precarious place to be a citizen of. I must say world class transportation, world class food, world class taxrate both personal and corporate and world class public healthcare plus great private healthcare.

I hoped that helped. If your not American it is a great place to become PR.

*BUMP*

The best single piece of advice I can give is to invest your money wisely.
Put the majority of your capital into long-term holds, and the rest on chasing moon missions, swing/day trading, margin trading, etc.
You'll 100% lose money with the latter, but the former will ensure that your portfolio survives any losses. As you keep losing more and more money you'll get better and better at avoiding losses. That's when you start making money. Until then, keep your investments mostly low-risk.

Thank you kind sir.

>I must say world class transportation, world class food, world class taxrate both personal and corporate and world class public healthcare plus great private healthcare.

>All this with a low tax rate
Really makes you think

Ok legitimate story.
Im a 25 year old student who works full time at a hospital and am going to school full time to be a registered nurse.

In May of 2017 as btc hit some new high (idk, was it 3k?) I bought in with the only $1000 I could afford.

Made some trades for a few weeks, didn't really make any progress. Bought into BCH at $250-ish and just held until about November.

BCH went up, but was fluctuating really hard, and my dumb inexperienced ass put stop limits to sell 'in case of a huge crash'. Well, it was always just enough of a dip to cause me to sell low and of course I bought back high again because FOMO.

Anyways, I turned that investment into like $500.

After learning that lesson, I took my $500 over to bitfinex and started trading. I mostly read about coin opportunities on Veeky Forums and sometimes reddit. Although, reddit is a little to square for me.

I've since turned the 500 into approximately 2300-2500 depending on how today goes.

It's not very much, and there are some people on this board with 800k or more, but honestly i'm trying to get there eventually.

if I can keep leveraging my gains to make more gains, maybe I can get to a respectable amount that I can buy a family vehicle for my baby that will be born in June. Or perhaps a good down payment on a house.

I fully intend to avoid taxes in every way possible. Most likely by selling my crypto locally for cash, or something else. Fuck the government and taxation is theft.

He's trolling you. Don't set stop losses. Crypto fluctuates too much and you will end up selling at a low and buying back in higher. I've been burned numerous times with the idea that "well i want to set a limit in case it crashes really low that way i dont lose a lot" and it ALWAYS rebounds.

Crypto ALWAYS. COMES. BACK.

NEVER sell at a loss. NEVER.

If your coin is lower than what you bought it for right now, guess what? You are holding heavy bags, and your money is tied up in that for a while.

It's all getting to be mass manipulation of people that, like you, need guidance. There are some very good signal sources out there, I find discord.gg/jsRYVpE to be the most accurate thus far.