>What are the first steps towards becoming a Zig Forumsnessman and how to not be a complete retard
• Only invest what you can afford to lose • Buy low, sell high • Take profits if your investment is on a steep way up • Always do your own research • Learn basics of technical analysis • Holding your coins is almost always more profitable than trading • Lurk before posting • Stick to the basic coins (BTC, ETH, LINK) before thinking about buying shitcoins • Not your keys, not your wallet, not your coins • Don't trade with leverage • You can never leave
>Which Exchange do I pick?
• Recommended CEX - Centralized Exchange(s)
‣ Binance + Biggest CEX, great liquidity + Very wide range of tools and functions + Decent range of coins + Low fees + Lots of resources to learn · Referral ID for lower fees: VFZQTCLB | Only needs KYC if you trade with big amounts - Range of tools confusing at the start
‣ Coinbase + Beginner friendly + Easy to use + Free Crypto with Coinbase Earn | Can upgrade to Coinbase Pro for more functions - KYC - Works with Tax institutions (IRS etc.) - Limited choices of coins
• Recommended DEX - Decentralized Exchange
‣ Uniswap + Biggest DEX, highest liquidity + Supports almost ALL ERC-20 Coins + Easy to use Interface + Uses your own wallet - Only swaps your coins, almost no tools
XLM Answers: 1. A decentralized protocol that unites the worlds financial infrastructure 2. Facilitating low-cost, universal payments. 3. Transactions are fast, inexpensive, and global 4. To issue, exchange, and transfer tokens quickly and efficiently 5. It relies on the cooperation of trusted nodes to confirm transactions.
kek, it's all true, buying high and selling low is the true Zig Forums way
Carter Fisher
What websites or systems do people use to monitor coins live? Besides researching the coin itself, is there anyway I can interpret the graph to help predict which way it will go? I plan on getting a laptop and moving everything from my phone onto there, as well as getting a ledger. I want to take this more seriously, I feel like within the next 5 years there will be a massive switch/leaning towards crypto. I see it being the future and I want in.
Juan Martin
exchange you trade on has tradingview charts most likely >there anyway I can interpret the graph to help predict which way it will go trendlines are only real indicator, rest of TA is bullshit > I feel like within the next 5 years there will be a massive switch/leaning towards crypto you're 5 years too late buddy
Jeremiah Davis
I keep getting fucked over by ID verification in fuck base/kraken/ binance, etc. What are some other ways to buy crypto? is cash by mail really for suckers?
Luis Ward
They do have trading charts, but they arnt live. >you're 5 years too late buddy Better late than never I guess.
Jacob Thompson
You can buy on changelly it offers multiple options and doesn't require KYC as far as I know, get a metamask wallet, buy your initial crypto and continue your trading with uniswap or changelly
Binance doesn't need KYC unless you want to trade with more than 2 BTC, took me some time to get my verification too but it was worth it imo
>you're 5 years too late buddy meh
Jaxson Bailey
>but they arnt live. where are you even trading, retard? binance charts are all live, if you're trading on dexes than dextools
Austin Smith
What’s the best way to buy crypto with usd without kyc in the US? For some reason Wyre doesn’t work for me.
Julian Harris
>retard >in a newfag general Pic related is from kucoin. Something similar to this. I don't have binance, just exodus, kucoin, and coinbase. If binance has it, then ok, I just haven't used it yet so I didn't know.
I dont trade on kucoin, I just use it to view charts. I'm still reading and learning about how to fully read charts, but I've done reading with stocks and I'm not sure if the same generally applies to crypto or not. I plan on buying a laptop because it will make everything easier. I just don't know if I just keep using kucoin or another website/program. If there's a better option, then I'll use it. I'm tired of using my phone, I feel like I would be better managed with a actual computer.
Jacob Smith
fyi trust wallet was swapped for a malicious app 3 times on google play for the past 2 years
Josiah Nguyen
I'm thinking of getting into ETHUP - now to profit on the pump, since we dumped lately - or just before 1st December when ETH 2.0 gets out. What are your thoughts, frens?
>Don't trade with leverage I'm asking because ETFs might be an exception?
I won't tell you what to buy/sell since I don't have a magic crystal ball, but ETF's are definitely the best way to get exposure to leverage trading without losing everything
Gabriel Thompson
Much appreciated. I was considering them mainly because they're a low risk variant of actual leverage trading, for lack of a better word. Thanks for the helpful thread!