I saw a post on Zig Forums that told me to look into crypto and invest. They mentioned LINK too. How do I get started? I suppose I need to use an exchange. Which one is best? Coinbase?
Zig Forums user here
Cameron Sullivan
Tyler Wilson
Kek yeah use coinbase, its joo run but best one to use.
Samuel Lewis
Coinbase isn’t really “the best” but it is the easiest fiat gateway. Most people will enter there but then do the majority of trading elsewhere.
Kayden Perry
Yeah but if you're looking to hold more than 10k I suggest getting a hardware wallet or look into some secure form of cold storage. For some pocket change coinbase is easy to get, but binance has better exchange rates
Brandon Johnson
Aaron Kelly
Bisq is decentralised.
Levi Ramirez
Use coinbase or fuck off back to Zig Forums
Blake Cruz
Welcome, fellow Zig Forumsack. Yeah start with Coinbase to make it easy on yourself. Together we can beat the Jews at their own game.
Austin Cox
sell signal. The midwits are flocking in here. Pack it up boys
Nathaniel Miller
How about crypto.com? It has an exchange app and wallet app? I’m prepared to invest $10,000 btw
Asher Flores
Just check the holdtime for each of them. And open wherever it’s the lowest.
Nathaniel Moore
Hey OP. want to use my referal code so we can both get some free link? (coinbase)
Camden Long
If you use crypto.com use my referral code and we both get 50 bucks.
w8s7eff6wh
Luis Jenkins
just use coinbase before it moons, its the easiest to set up and the most secure, if you want to long term hold, then get a crypto wallet for like $50 bucks
Jackson Jackson
What do you mean by hold time?
Jaxson Allen
I do plan on long term holding.
Adrian Scott
dubs says OP uses my referral code:
>coinbase.com
Grayson Reed
Also using crypto.com for link is based because you can stake it in their earn program for 4% interest or 6% if you buy 500 MCO, which will pay for itself over the long run but you'll need to crunch the numbers yourself to decide if it's worth it for you. Also you get free spotify, netflix, and unlimited airport lounge visits with the credit card you get for free for holding 500 MCO.
David Harris
Just use coinbase, user.
Get in Link and just relax.
Leo Morales
meh you're too late for link, it still has a x10 to x100 to it at most, if you're a poorfag and put in 10k$ then at best you'll have 1m$, try to buy low mcap projects like xsn or rlc or sxp (rlc or sxp for short term gains) then when your folio is worth say 30k$ then you can get on link for steady slow gains.
Blake Sullivan
It means when you transfer 10k from a credit card to exchange and convert it into BTC. Some exchanges have a limit or ask for kyc and shit.
Daniel Murphy
prepare to hold for 2-3 years OP. we've been telling you since 2017. the moment we waited for just happened last week.
Christopher Torres
Fuck off I need $20 link which means it's going to happen by EOY.
Just one more measly 3X, is that too much to ask Sergey?!
Anthony Mitchell
I’m willing to hold for 5+ years. I’m barely 20 years old
Zachary Parker
What is staking? This sounds like a good option
Adam Brown
1) register a coinbase account
2) buy a hardware-wallet (I have a ledger nano s, can recommend)
3) send usd to coinbase
4) buy link with usd
5) send link to your hardware wallet
6) wait 3 years and create your own ethno state
Just make sure not to keep your money on any exchange. As long as it is on there (((they))) have the ability to steal & freeze your funds.
Also you could use other exchanges, other wallets, etc... this is just the most user-friendly one for anyone who has no interest in diving in deeper.
Jeremiah Sanchez
lol, ethereum can't handle that unfortunately. linkies and eth have a couple years left in them as the 'first crypto' categories. the thing we're waiting for isn't on the scene yet. we're still in wright brother territory, the commercial airliner is a ways away.
Dominic Wood
based, dude you're young so you have so much time to benefit from compounding interest, buy your link wherever you want but don't listen to all these paranoid fedora wearing autists about hardware wallets and shit, put your link in the crypto.com earn program and get paid in link to hold link. People fud it but its totally legit, their cards are VISA cards for crying out loud, they aren't going to pull some exit scam like everyone says in biz, just do it.
Cooper Harris
You put it in their "earn program" for one of 3 terms, flexible, 1 month, or 3 months, the longer you commit, the higher your interest rate.
crypto.com
And again, use my referral code and we both get 50 bucks :)
w8s7eff6wh
Zachary Johnson
Staking simply stands for holding a cryptocurrency in your wallet for a fixed period, then earning interest on it. The reward that one earns from staking varies depending on the length of the time that they hold it. The longer the stake duration, the higher the returns.
Sebastian Sullivan
Based. Are there any risks to staking?
Nathan Sullivan
staking is like traditional stock market derivatives. it is estimated that you will get some where around 5%. Your 10k is a good start. will give you around 1200 total links priced in at $8. that will give you roughly 60 link per year and who knows what the price will be, but every one agrees it will be more than it is currently.
Here is a good theoretical view. Staking goes live lets say next year on jan 1st. price of link continues to climb and goes to $25. That would give you $1500/year in LINK for literally just holding the coin. meanwhile the value of your stack would be $30k.
Another view of it. same conditions as above but set price at $150. Your stack is $180k and your "income" would be $9k per year. You could keep letting it stack up or you could go ahead and cash out that extra money every year. Personally, i have not decided how im going to do it yet because part of me wants to pay off everything and live debt free including the house which for me is possible when link hits $100 but yet if i hold on a longer i could sell for maybe even $1000 each, or just live off of the income from it.
It is a good decision to have to make, no wrong answer.
Levi Perez
yes buy the top of a greater fool ponzi shitcoin.
Jeremiah Morris
The only risk is if the entire company exit scams.
Here’s the rates, they aren’t listed specifically on the web so this is screen cap from the app.
Samuel Jackson
What would a “commercial airliner” crypto look like?
Checked. I’m leaning towards doing this. If I go all in on LINK right now I’ll have 1200, is that decent?
Brayden Cox
Without the 500 mco
Ethan Martinez
Is crypto.com not a well established company? Why/how would they exit scam? Sounds illegal
Josiah Watson
So many new Zig Forumsraelis recently, but at least you’re not one of the redditfugees. If you’re new to crypto then yes Coinbase is fine. Just buy LINK and don’t worry about other coins like BTC, ETH, XRP, etc. literally just buy LINK. You can rummage through the archives if you want to see how Zig Forums analyzed LINK inside and out to determine that it will change the world.
Jace Taylor
Wow. Thanks for the thorough response. Idk if it’d be right to cash out? Isn’t the purpose of crypto to replace fiat?
Juan Myers
I'm a deluded linkie till the end so you'll hardly get an unbiased answer to that from me, but imo that's like asking if buying 1200 netflix/amazon/apple stock at $8 is decent. It's great, it might take a year or two for you to get really good gains but imo this is about as close to a sure thing moon as you're going to get.
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