The StoNks thread

[indiscriminate_hater]

Crypto investing for dumbasses:

1) Put money in.
2) If it goes down, do not sell.

That's literally all you need to do to make money in crypto. Sadly (and understandably) seeing your investment go down 50% within a couple days seems to trigger a panic response. Rise above your programming.

[bubur]

so insert life savings into pregnant butt coin (PBUTT)?

copy, captain!

[Gustoo]

What's the best way to buy bitcoin?

[bubur]

easy answer: coinbase pro. they'll give you a tax statement, and youll have to pay capital gains taxes like a good american

however i should warn you that when you see this discussion on an off topic elf sim, it may be unironically time to sell or at least wait a little bit if you're following the dumbasses (and probably the best) guide posted above

[Jibartik]

Binance seems like the best exchange IMO

Crypto.com has a lot of choices

Bitforge lets you buy BC then set it aside in 1, 3, 5 year increments, and you can make interest in the form of bitcoin on that account. TBH if you want to buy BC and forget about it, I recommend bitforge and buying some, then not ever looking at the price of BC again until 1, 3 or 5 years from now!

I am retarded.

Originally Posted by bubur [You must be logged in to view images. Log in or Register.]

easy answer: coinbase pro. they'll give you a tax statement, and youll have to pay capital gains taxes like a good american

I both own some coinbase stock and have a coinbase account, and I absolutely hate their UI and want to unload that stock as soon as possible. [You must be logged in to view images. Log in or Register.]

[Patriam1066]

Originally Posted by Gustoo [You must be logged in to view images. Log in or Register.]

What's the best way to buy bitcoin?

You shouldn’t

[Baler]

Hope captain skarlorn is doing well.

[bubur]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

You shouldn’t

this is the right answer

the most frightening thing ive witnessed is that the whole 'apes' 'diamond hands' GME squoezing culture has completely infected crypto, and there have been a whole bunch of new coins and rugpulls over the last week. a lot of new money and probably 90% of it will get dissolved in the dumbest trades imaginable.

i expect whatever happens next will destroy those memes and boomerfy them into oblivion until the point that whenever we read them, all we'll be able to do is think about how many obvious sell signals 2021 had. it wont even be cringe funny anymore, it will just be depressing

pic related, it's what it's probably going to look like:

[You must be logged in to view images. Log in or Register.]

that said, you'd probably be ok if you bought at $5000 or something and no reason to get rid of that. would wait for everyone to stop talking about it to get in for the first time unless you like gambling

absolutely 100% financial advice btw

[Jibartik]

The crash came from china, and all those squezing culture apes are keeping your coin above 30 right now [You must be logged in to view images. Log in or Register.]

[bubur]

they dont do what they say they do, my guy