>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, or if you have to start with ETF's • Set stop-losses • You can never leave
>Which Exchange do I pick?
• Recommended CEX - Centralized Exchange
‣ Binance + Biggest CEX, great liquidity + Very wide range of tools and functions + Decent range of coins + Low fees + Lots of resources to learn | Only needs KYC if you trade with big amounts - Range of tools confusing at the start · Referral ID for 15% lower fees: VFZQTCLB
• 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 __________________________________________________________________________________
I will be putting together a pastebin once we have enough questions/answers and contributions.
>binance US has less pairs than cuckbase if you slice copypasted stable coins pairs out and has 0.05% of cuckbase volume ok newfag first good advice in this thread, don't forget to buy some rope
Dominic Jenkins
What would you say is the minimun I should invest on my first btc purchase? Don't have a stable income so I will be investing all of my savings on it, which sadly is not much.
Luke Wilson
As much as you can lose, it's in the sticky
Christian Walker
I wanted to get into a DeFi but the transaction cost for an approval is ridiculous, what the fuck frens?
How much is it fren? You might want to consider investing in yourself in order to get a job and a regular income before investing in bitcoin, buy some nice clothes, some good hygiene products and 1-2 book that will help expand your network and social capabilities, or buy a course that teaches you something you can build a real business on, get a regular income and accumulate BTC/ETH/LINK as your investment.
ETH 2.0 is coming and is supposed to fix this issue, you can set custom gas fees to balance transcation speed and cost yourself. If you are a poorfag and a newfag stay away from DeFi and shitcoins for now or you might see yourself investing in kneepads soon.
Bentley Fisher
>he doesn't know about gastoken >he doesn't manually change gas price >he probably did something wrong in the first place so gas fee is retarded
Ayden Collins
>How much is it fren? I was considering starting with $200, but I should have about $1000 in total.
And sadly I live in a shithole with a broken economy, there is no hope for businesses here and I doubt I can get a better job than my current one on the current state of things.
Jace Foster
>stick to LINK >before thinking about buying shitcoins ??? how is link in the same tier as btc and eth
Ethan Thomas
lmaooo jewbase and crypto.com. kys. binance is by far the best exchange, and it does way more than that. and yes, americans can use it, although not officially. speaking from experience.
Asher Lee
by your logic bitmex is the best exchange
Hunter Rivera
by your logic investing into half of the cryptosphere is worthless because faggot american laws bar you from doing anything.
if your only reason is that "chinks pump and dump instead of holding", which is a MEME and not investment advice, then you are a retard. I've used binance a lot for three years since 2017. There has never, ever, been any kind of fraud or reason to doubt its safety. It's exchance token is top 10 in marketcap next to the crypto standards. how delusional are you?
Nathaniel Baker
>investing into half of the cryptosphere is worthless 90% for me, cause those are shitcoins >"chinks pump and dump instead of holding", which is a MEME do you want me to tell how I know you're a fucking newfag? >I've used binance a lot for three years since 2017. There has never, ever, been any kind of fraud or reason to doubt its safety. 80% of the volume is literally wash trading lmao, you retarded faggot
Camden Phillips
>Stick to the basic coins (BTC, ETH, LINK) >LINK Getting desperate much? Lets get some schwabpills in here
Think about it, if you have your $1000 invested in Bitcoin what do you expect to get? Does having a 2x from your investment in a few years really change anything in your life? How much of your monthly income can you set aside? It's great that you at least have a job though.
>I live in a shithole with a broken economy you have access to the internet though, build your business online (on the side while working your job) and it won't matter too much where you are from, but you will need some skill or product to sell in the first place which is where your investment could be much better placed, set some goals, it's not going to magically catapult you out of your shithole but with consistency you will have a great internet business and once you are far enough you can turn it into a passive income stream, invest excess money and get the whole snowball rolling so you don't have to work forever.
do some research LINK is very much needed to keep the crypto space going, it's not quite the same tier as BTC and ETH but it's impossible to just ignore, that said it should make up the least % of your stacks, something like 40% BTC 40% ETH and 20% LINK at most
take your meds schizo
Brandon Gomez
Yes.
Nathan Cook
Not bad, you might want to consider diversifying a bit though if you aren't already investing in other things
Joseph Carter
>Think about it, if you have your $1000 invested in Bitcoin what do you expect to get? Does having a 2x from your investment in a few years really change anything in your life? It might be the difference of becoming a houseowner or not.
>need some skill or product to sell in the first place which is where your investment could be much better placed What could I possibly sell to foreigners such as you? Selling to people here is noy an option right now.
Colton Stewart
Where do you live?
>selling to people is not a option right now that's why I said sell online you chicken mc nigger
Lucas Turner
>Where do you live? Brazil
>that's why I said sell online you chicken mc nigger Yeah, but what could I possibly sell that foreigners would be willing to buy? Not like they can't get whatever I can sell elsewhere cheaper...
Carson Mitchell
yo, why not expand beyond crypto and do a full Zig Forums starter (personal finance, investing, starting a business,etc.)?
