What should I invest in?

Im stupid eastern european. Could u help me to start trading? What software(some online broker or something or what?) are u using etc?

Nash
passive income

I love Nash but it's a bit disingenuous to shill based on passive income, since the reward is so low unless you are staking hundreds of thousands of tokens. Nash is going to be fucking huge in the future so this would be getting in early but don't expect and major staking rewards yet. There's about 10 other huge selling points though so OP look into it.

I'm looking at putting my money in a stocks and shares ISA, I'm sure eastern European countries have them.

I'm assuming you are a britbong, what are you using as an on ramp?

Bitconnect

youtu.be/lc2-ImMRMC8

Dividend stocks and bitcoin with low lev and ofcourse eth

I'm unfamiliar with the term "on ramp".

A FIAT on ramp I mean. What service are you using to put your money in?

I'm probably going to use vanguard UK, although I might use Barclays's stocks and shares ISA, I think vanguard is probably the best.

Ah right thought you were after crypto advice, I don't really fuck with stocks much so I can't really recommend anything.

Tbh user as someone who’s been doing this for a few years I’ve bounced round shit coins and am no better off than if I’d just put it all in btc and held.

My boring advice is either buy 1 btc and spend the rest on a shit coin or buy 32+ eth ready to stake and spend the rest on a shitcoin.

Shitcoin Id recommend is LIT.

Oh, I am open to crypto, I am going to pay by credit card into binance, I'm a little bit unsure how I'm going to get out though since I can't just transition straight into GBPs, although I was thinking about maybe transfering my money from which ever coin I invest in into bitcoin or ethereum and then send it to my coin base account, where I then sell it.

Unironically doge

Yea changing to BTC or ETH to sell is probably easiest. Coinbase or Wirex are your best bet in the UK, although I don't use Coinbase ever since they started holding any deposit for 7 days. Wirex is a crypto card that you can just cash out at an atm which is super convenient. I would probably stick with BTC or ETH for the start. What % of your £7400 are you allocating to crypto?

I was thinking of putting about £500 in to start with and then another £500 later once I've gotten the hang of it. I'll have a look at Wirex. Do Coinbase hold cryptos you transfer from binance and do they hold when you want to withdraw?

Say you send £500 to Coinbase, that's subject to a 7 day hold. Also any Crypto you purchase with that money is subject to the hold too. This hold even means you can't transfer from Coinbase to Coinbase pro (not even an on chain transaction just an internal transfer) which forces you to eat the huge fee's on normal Coinbase. It's bullshit and it never used to be this way, it used to be instant. I don't think it would be held sending from Binance to coinbase, but I've not sent a penny to Coinbase since they changed so I don't know.

Wait for $100 ETH

£500 to start is decent, I would probably just buy BTC desu, it rules the market for better or worse so having a stack is pretty much required. Where are you storing this?

Wouldn't you just store it in your wallet in the finance account?

*binance

You could but as they say not your keys not your coins. For £500 it's okay but if you start putting more in look into getting a hardware wallet, which is the safest bet or making your own wallet so you at least control the coins. When it's on Binance or any custodial exchange you have no control if the exchange goes down or exits. Another alternative would be storing it on Nash, it's basically a multi wallet even if you don't use the exchange part it's way safer than any centralized exchange.

I'll have to look up how to make my own wallet, could you give me a rough guide? I'll take a look at Nash though.