/abc/ - Ask 'Bout Crypto

Why does everyone on biz genuinely believe there are multiple armies of paid shills and fudders? I know some of it has been proven from random faggots starting discord groups to shill or fud certain coins and pay people in crypto, but how realistic is it that biz is in any way a market maker or even has a remote influence on the market? I've been browsing biz for a year and found Veeky Forums in 2006 but I feel like Veeky Forums's influence isnt as strong as some are led to believe. Its sad that newfags and oldfags are both willing to step on the neck of their fellow anons in the belief it will enrich them. The entire notion is hilarious because theres no fucking way biz has influence on the market beyond an extremely under the radar ICO/coin. Thoughts? I'm sick of the constant bickering, its not even remotely useful to browse anymore. I only come back for the memes at this point.

The people who say that are either exaggerating or lucky and risk-unaverse to the utmost degree

Many people who make it in such ways jump on ICO bandwagons which are waning as regulation is starting to look into them, some are just scams, and some simply Rubio runup during ICO and bleed out for a long time when they hit exchanges

Still, a lot of money can be made in altcoins with reasonable trading goals and without overtrading if one avoids being delusional, greedy, or stinky

How hard is it to read the whitepaper? Its fucking legit

>How did you guys make money off crypto? “Turned $200 into $20,000 in four months”

Take out a calculator and type in any number you want. Multiply it by 1.07. You just increased your principal by 7%. Now hit the equal sign. You just increased your principal plus that 7% by another 7%. You are compounding your gains. Count how many more times you need to hit that equal sign key until you've doubled your original value.

If you start with X amount of money, go all in on every trade, and get at least 7% gain on every trade, you will double your money in 10 trades or less.

its a legit project and the shilling will be forever

Is mining profitable? How do I know what coins are mineable? Is it worth searching for these mineable tokens?

what to mine dot com
scroll down

What is the best method for keeping a private key secure? Should I use an empty wallet address to receive payment in a currency so noone knows what my real active wallet is or are my coins completely safe as long as I keep my copy of the private key anonymous?

Is it more profitable to invest the money you were planning on spending on a mining rig in bitcoin or a safe crypto portfolio?

Are traps gay?

Is almost every coin shilled or fudded here a safe long term hold? I've been doing research on coins talked about on here and so far every coin ive taken the time to study seems legit.

No there is a lot of shilling here by bagholders that bought into a shitcoin that sucks ass and wants you to buy their bags. Make sure you learn how to avoid these shillers

If someone makes millions in crypto while married, can their wife claim half of their coins upon a divorce?

Can you give an example of a coin you think is an actual shitcoin that people talk about here besides something like bazingacoin or bitbean.

How does LN affect physical ownership of btc. Is it actually pure cancer or is it a half decent scaling solution?

Depends on the country and state laws.

I guess in burgerland and if they can claim half of your tokens what can a court do if you buy a privacy coin and never share your private key?

Has more to do with whether or not the spouse knows it exists. My guess would be court orders you to transfer half of the tokens to a wallet set up for the spouse, or pay half of the value in fiat.

How does market cap fluctuation work? Like, how are tens/hundreds of billions of dollars taken out/into the market overnight?

this is currently a big crypto story about a couple in the UK where the wife is suing for half of her husband's $800k crypto fortune,research how the lawyers are handling it.

the censuses I've heard from personal source that mine is you make your money back in investment after an average of six months. And, you can typically make a greater ROI from simply investing and holding the coin you want to mine instead of mining it.

"Go all in on every trade"
How do they know which trade is the right one?

Market cap is the theoretical value of all the coins in cash. When prices rise or fall it moves up or down, money is not actually coming or going.

Lots of people traded the most explosive bull market in history last year and now think they're amazing traders, you had to be complete shit to pick bad coins, if they win a bear market that's a different story.

can confirm, i'm currently in debt, more than I have ever been, trying to margin play this FUD bear market.

Bitcoin?

Hey oldtimer I am one too - which boards do you hangout at?

/v/ Veeky Forums /r9k/ Veeky Forums

all for the memes and entertainment

Verge, Tron

To any noobs in this thread. I have been in 4 6 weeks (obviously a true veteran).

One advice I would give is ALWAYS look at if you are up or down in SATOSHIS. This is the main thing that matters as the market fluctuates. I put in about 15k a little under ATH, BTC WAS a little over 15k USD.

As I watched my money dwindle to around 4K I freaked but I came to the realization:

As I traded I was still around my original value.(SATOSHI) And am currently at .95 BTC. That means after fees (Coinbase buy in) I’m
Not far off of my original values of almost 1 BTC.

The whole market for me was down the same percentage, and through sound trades a still bought my originally desired position as all coins dipped.

>TLDR:Have a good plan and stick to it, also: “when there is blood in the streets...”

are the finex Long & Short charts for cryptos on TV ever helpful or useful before opening a margin position?

yes, trying to playing the BTC price. Currently in an XRPBTC short with a -70% target, let's hope it works out :)

How do I into day trading? I'm bored waiting for adoption pumps on my coins and want to learn how to make money trading. Are there any good beginner resources for this? Like 101 level stuff, I'm even confused by stop loss orders, until now I've just been dca-ing with market buys. I'm slightly jelly of ta fags and people who claim to make money margin trading - though the idea of borrowing money to essentially gamble goes against my whole being.