YOLO in Crypto
Starting today and through 2024, I'll post a weekly update of my crypto adventure. Let's see how it goes.
21-12-2023 Update 👇
Dropped $400 in LTC today, the bags of other coins I bought last week.
Talking product sense with Ridhi
9 min AI interview5 questions
To anyone who is reading: We are so back. Because crypto bros are now LIVE on Grapevine.
How do you make money on trading this? Price Action? Because there are 0 fundamentals to evaluate.
Bro don’t use CEX if you were staking would have been eligible for TIA airdrop
Rest all due respect portfolio is trash. Update post new years nuke
Would love to participate in airdrops but I have no patience or time atm, maybe next quarter 😅🥲
What made you start this? Why now suddenly
Get us excited about Crypto too 😌
Crypto has been on the uptick for past 6 months. Also, Bitcoin halving is <4 months away and talks of listing Bitcoin ETFs on US stock markets are getting hotter.
Every 6months, some youtuber/finfluencer would come on and say that this time it’s different and crypto is gonna go ‘to the moon’ Moon ka toh pata nei, but patal lok jarur jaoge
Is it easy to convert this to real money 🤔?
P2P is the way to go, but you gotta pay 30% tax as well to govt. You could use a regulated exchange like CoinSwitch or CoinDCX if you wanna easy transfer of funds.
Since you're trading on Binance, What about TDS? Are u accounting for that and paying it or ignoring it?
If you're the same guy who does this every year and posts it on Twitter reddit etc, you have no idea how much money you've lost because you never calculated opportunity cost. Aping into random shitcoin bags is the worst possible strategy anyone could ever use.
If you're not the same guy, go search the one I'm talking about and stop doing what you're doing once you realise his true opportunity cost over the past 2 years or so.
First time doing this 🥲 but I'm aware of the type of posts you speak of and the risks associated.
Great, then buy 4-5 coins, put them in cold storage and forget about them until they 2x or 3x. At least 60-70% should be Bitcoin only. Rest can be eth sol link etc whatever you think can provide actual utility in the next 5 years or so.
some noob questions:
- How to get started in investing in crypto, like what resources did you use to get started.
- What platforms are best
- How can we exit when we have made considerable gains.
Bold of you to assume #3 already haha
- I follow crypto youtubers like Benjamin Cowen, altcoin daily
- Binance is largest and safest
- You can Dollar cost average (DCA) into market and then DCA out once you think you've made your gains. Be careful crypto trades 24/7 and moves quickly, so plan entry exits well
Buy INJ FET MINA
Ok ser, will check em out. Kuch shitcoins bhi suggest kele ahaha.
I am in crypto from 2021 I can suggest you better coins