6
submitted 2 days ago by [email protected] to c/[email protected]

In this day and age, I unfortunately have to have an alternative source of income to sustain myself. How the fuck do I get started with cryptocurrency?

you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 5 points 1 day ago

All i thought reading this was, "Im super Hungary. I should do some cocaine to get rid of my hungar."

Prolly outdated sentiment, haven't checked crypto prices in prolly over a year. For all I know it could be more stable than the actual market and they solved the issues they were having with monster wallets pumping and dumping. So im not here to give any advice or comment on your decision but I will give you my experience in kinda similar situation.

I found that that the amount of work you will need to put in learning enough about crypto trading, asset managment, trading strategies and anything else it will take to turn enough of a profit to make it worth it, you will prolly in hindsight think, "it woulda been more efficient getting a second job and investing the paycheck."

Like I said, never fucked with crypto but I did go through a 3-5 year phase of being balls deep in day trading and trading options contracts. Lost about $10,000 in the first 3 months I gave it a try before I ever saw a single penny and still dont think I ever made the initial lost money back despite hitting big a bunch of times. Including but not limited to the gamestop explosion, the AMC shorting among other meme stock swings.

this post was submitted on 15 Jun 2025
6 points (63.6% liked)

No Stupid Questions

41560 readers
1252 users here now

No such thing. Ask away!

!nostupidquestions is a community dedicated to being helpful and answering each others' questions on various topics.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules (interactive)


Rule 1- All posts must be legitimate questions. All post titles must include a question.

All posts must be legitimate questions, and all post titles must include a question. Questions that are joke or trolling questions, memes, song lyrics as title, etc. are not allowed here. See Rule 6 for all exceptions.



Rule 2- Your question subject cannot be illegal or NSFW material.

Your question subject cannot be illegal or NSFW material. You will be warned first, banned second.



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Questions which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding META posts and joke questions.

Provided it is about the community itself, you may post non-question posts using the [META] tag on your post title.

On fridays, you are allowed to post meme and troll questions, on the condition that it's in text format only, and conforms with our other rules. These posts MUST include the [NSQ Friday] tag in their title.

If you post a serious question on friday and are looking only for legitimate answers, then please include the [Serious] tag on your post. Irrelevant replies will then be removed by moderators.



Rule 7- You can't intentionally annoy, mock, or harass other members.

If you intentionally annoy, mock, harass, or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



Rule 10- Majority of bots aren't allowed to participate here. This includes using AI responses and summaries.



Credits

Our breathtaking icon was bestowed upon us by @Cevilia!

The greatest banner of all time: by @TheOneWithTheHair!

founded 2 years ago
MODERATORS