/dhan/ - Dhandho

Business & Finance

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New to crypto anon 05/03/2021 (Mon) 08:37:38 1356
Hello /dhan/, I am trying to get into crypto, but I have no knowledge on how to actually start doing crypto, any advice regarding that? Is crypto viable to atleast be a backup in case shit happens?
anon 05/03/2021 (Mon) 12:12:02 1357 Reply
>>1356 crypto is essentially doing away with banks. it's best thing since internet but there are pitfalls for common people as well. you have the responsibility of being the bank. if you lose the private key to your own wallet, there's nothing anyone can do to recover it. if you keep your crypto in the exchanges and exchange steals it or if it gets hacked, you lose your money. technical analysis is a must tool you should have. don't invest in shitty project because you saw someone on youtube or twitter recommend it and got impressed by the 1000x returns in a month. your goal should be to increase btc or eth. outside of these, generally speaking, there is a great time to be in a crypto, and a great time to be out of it. I am comfortable with crypto but I am new to DeFi as well and don't understand the most part of it. i am thinking of creating basic DeFi threads here based on what i am learning in a given day/week. hopefully that will force me to learn a thing or two.
anon 05/03/2021 (Mon) 12:20:12 1358 Reply
>>1357 Thanks anon, I will store my keys properly. I just wanted to know how to start with it, and what about the an situation?
anon 05/03/2021 (Mon) 12:20:21 1359 Reply
>>1358 ban*
anon 05/03/2021 (Mon) 18:16:43 1360 Reply
>>1359 no country can ban crypto. you can only ban yourself from it. nothing is going to come out of it. i think they will end up putting a blanket X% tax and "trust you" to pay it . (just a guess, it has no basis on anything)
anon 05/03/2021 (Mon) 18:25:29 1361 Reply
>>1358 re:how to start >get an account on an exchanges like binance, wazirx etc. >transfer money >buy BTC >keep watching videos that teach you about the philosophy of cryptocurrencies >learn some TA >test your skills you'll get there
anon 05/04/2021 (Tue) 12:05:11 1363 Reply
>>1361 wazirx asks for KYC though.
anon 05/07/2021 (Fri) 14:39:58 1407 Reply
>>1363 and?
anon 05/08/2021 (Sat) 16:57:07 1412 Reply
>>1407 Wasn't the whole crypto bullshit supposed to be less intrusive?
anon 05/09/2021 (Sun) 01:38:39 1413 Reply
>>1412 exchanges are just doing that to save their asses from getting railed by government.
anon 05/09/2021 (Sun) 10:49:12 1419 Reply
>>1413 Do you keep your coins in exchanges?
anon 05/09/2021 (Sun) 12:05:18 1420 Reply
>>1419 yes some of my coins are on exchanges
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