Need help with crypto

[peterx1]

hi everyone, i am newbie to the world of crypto. to be honest, I dont understand ****.
where do i start.

please advise

 

[Pegging]

Youve been here 8 years. Congrats on your first post. There is a crypto sub forum. Which is where you are now. Read away.

 

[Tman*]

Definitely buy **** coins

 

[w1z4rd]

To understand the theory, I highly recommend this guy:

To buy crypto, you can use Luno or Valr.

 

[Goolabjumbo]

My advice with crypto is you got to know how to manage your expectations, there will be heavy bull runs and bearish cycles and note influencers main goals are to pump their bags. So research is key and if need be follow reputable (which can be hard to find) people when it comes to TA and FA.

Crypto is fun but yeah my first sentence is critical.

Lastly not your keys not your coins! You will eventually come to understand this.

 

[saor]

If you're in it because you think it's easy money or guaranteed money...nope.
If you're in it because you're interested in trading crypto and taking a bit of a gamble...yup.
If you're in it because the tech interests you...yup.

Trading can be a lot of fun but it's a random ride most of the time...especially with altcoins. I've got an alt now that I've been sitting on for 3-4 years that's only just gone up a large amount. Also realize that most people after years of trading come to say that they would've made more just sticking with BTC or ETC than this constant attempt at trying to ride the green glory waves of altcoins and their indeterminable pumps.

Also trading is easy in a bull market when everything's going up. Don't confuse that for skill on your part .

 

[Dames]

What does everyone reckon is a good split between legacy and alt? At the moment I’m about 2/3 legacy and 1/3 alt, but not sure if that’s a wise balance :/

 

[Dames]

Define good

Maybe reasonable is a better word?

 

[PPLdude]

1. Buy ada
2. Move to Nami wallet
3. Wait for sundaeswap to launch
4. Swap ada for sundae
5. Sell on pump
6. Wait for bear market which will come
7. Buy more


Same can be said about ErgoDex.

Try get a HypeApe on minting. Hold until floor is 2 eth.

Deposit 5% of all your gains to me.

???? profit

 

[Pegging]

1. Buy ada
2. Move to Nami wallet
3. Wait for sundaeswap to launch
4. Swap ada for sundae
5. Sell on pump
6. Wait for bear market which will come
7. Buy more


Same can be said about ErgoDex.

Try get a HypeApe on minting. Hold until floor is 2 eth.

Deposit 5% of all your gains to me.

???? profit

The guy posts once every 8 years. I can’t wait to hear how he did with this advice.

 

[PPLdude]

The guy posts once every 8 years. I can’t wait to hear how he did with this advice.

It'll be a selfie in his Lambo

 

[Superman-7]

Best way to learn crypto is to first spend an irresponsible amount of money buying a coin nobody has ever heard of, watch it drop 90%, refuse to sell, and then start researching what it actually does.

 

[CryptosEra]

Q1: Are you an Investor or Trader?
As an investor you set a timeframe and a goal, buy and forget about it.
A long term investor is not deterred by 80% down-swings. and cannot be shaken out of a position with a mere 100% profit.
This is the winning strategy for majority of market participants.

As a trader you need to actively manage your portfolio.
This is a game of information asymmetry. Those who know first, make more money.
You need to be on twitter, telegram, discord, follow the news from 100 different sources...
You need an edge to win, there are 100s of different strategies to trade but remember you are playing against math-camp whiz kids, Multi-Billionaire Harvard PHDs and High Frequency algorithmic trading bots.


Also remember RISK = REWARD
Outsized winning come from taking on more risk.
But whatever you do, DO NOT LOSE IT ALL
If you got scammed and are left with nothing but a LESSON how you are going to start over?

 

[Dames]

The guy posts once every 8 years. I can’t wait to hear how he did with this advice.

Ag no thanks

 

[Pegging]

Q1: Are you an Investor or Trader?
As an investor you set a timeframe and a goal, buy and forget about it.
A long term investor is not deterred by 80% down-swings. and cannot be shaken out of a position with a mere 100% profit.
This is the winning strategy for majority of market participants.

As a trader you need to actively manage your portfolio.
This is a game of information asymmetry. Those who know first, make more money.
You need to be on twitter, telegram, discord, follow the news from 100 different sources...
You need an edge to win, there are 100s of different strategies to trade but remember you are playing against math-camp whiz kids, Multi-Billionaire Harvard PHDs and High Frequency algorithmic trading bots.


Also remember RISK = REWARD
Outsized winning come from taking on more risk.
But whatever you do, DO NOT LOSE IT ALL
If you got scammed and are left with nothing but a LESSON how you are going to start over?

Nice username for this advice thread.

 

[Roman4604]

1. Buy ada
2. Move to Nami wallet
3. Wait for sundaeswap to launch
4. Swap ada for sundae
5. Sell on pump
6. Wait for bear market which will come
7. Buy more


Same can be said about ErgoDex.

Try get a HypeApe on minting. Hold until floor is 2 eth.

Deposit 5% of all your gains to me.

???? profit

All great strategies need a name. I have a suggestion for yours;

*** YOLO till U REKT ***