5H·

GQ Community - please explain crypto to me

For a long time I looked at the crypto market and saw nothing but a digital casino.


Between the 10,000% "to the moon" pumps and the endless sea of meme coins, it’s hard not to feel like the whole thing is just a giant game of bulls***.


I’ve spent the last few weeks watching YouTube videos and I have to admit that the Bitcoin ecosystem is an absolute masterpiece. Seeing it explained as a decentralized, self-sustaining machine changed my perspective from " bulls*** " to "speculative innovation."


Very good videos:

https://www.youtube.com/watch?v=vclZlAFXpEI

https://www.youtube.com/watch?v=-D3ChoNtlX8

Please recommend more!


My Current Setup (Noob)

I’ve decided to start small. A low allocation just to start playing the game. Currently, I’m running a 90/10 split: (100€ monthly)

  • 90% Bitcoin ($BTC (-1.29%)): It’s the king for a reason I guess.
  • 10% Binance Coin ($BNB (-0.41%)): Just because of the 25% discount on trading fees on binance and it is too good to ignore.


I’m fully aware I’m still "uneducated" in this space. I love the idea of decentralized tokens, but I’m struggling to understand the utility of other altcoins without them feeling like a roll of the dice.


Is a 90/10 BTC/BNB split too "safe," or is it the smartest way to start?

Are there other "beautiful machines" (actual utility projects) I should look into that are not just hype and noise? Because when I look at $ETH (-3.25%) for example isn't it just Bitcoin but worst?

The 100€ montlhy deposit on binance is all automated but is it the best? I transfer to binance and then it auto converts 25€ each week to btc and bnb. I feel that I am paying more in spread for than I usually pay on spot trading for some reason. Please help


$BTC (-1.29%) , $ETH (-3.25%) , $SOL (-2.92%) , $USDT (+0.77%) , $USDC (+0.5%) , $XRP (-2%) , $AVAX (-8.48%) , $BNB (-0.41%) , $ADA (-4.4%) , $SHIB (-1.29%) , $DOT (+1.16%) , $DOGE (-4.36%) , $LUNA (+1.16%) , $ASML (-3.38%) , $NVDA (-0.73%) , $NVO (-2.72%) , $NOVO B (-2.42%) , $V (-0.28%) , $PLTR (+0.61%) , $MSFT (+1.63%) , $NFLX (+0.44%) , $IREN (-4.06%) , $NBIS (-2.59%) , $DAPP (-2.81%) , $CIFR (-4.29%) , $DUOL , $MCD (-0.87%) , $MA (+0.2%) , $MARA (-6.1%) , $SE (-17.24%) , $OSCR (-3.35%) , $UNH (-1.84%) , $CRM (+2.04%) , $NOW (+3.26%)

#Crypto
#Bitcoin
#Investing
#Beginner
#BNB
#PortfolioStrategy

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Bought at €55,250.00
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2 Comments

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Only $BTC, thank me later
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if you want to start and learn do it with btc. ETH, SOL, XRP, LTC are also interesting candidates but besides that 90% of the crypto markt is meme or pumped coins. keep your hands of this side of the coin. you made a good start
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