Current Events > Need info on investing in stocks and possibly bitcoin

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-Komaiko54-
03/17/21 9:07:54 PM
#1:


today I Got a FAT Fucking FOURTEEN hundo hundo babes.

I honestly didn't expect it and forgot they used different tax returns so I qualified this time. I'm trying to think of the "least" irresponsible way to blow dis money so what should I do?

Well, I guess since this really is gonna cost me $5K in future taxes, I guess I gotta find ways to make dat money back. I'm gonna buy low buy low buy low so how do I do this investing shit? I saw some shit about gamefaqs making thousandaires over night so what up what up what up? I'm after the beeg money and nothing else

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#2
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Solid Snake07
03/17/21 9:16:24 PM
#3:


If you're gonna "invest" in crypto atleast buy into a coin brokerage like Voyager.

But you really shouldn't be buying individual stocks or crypto tbh

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"People incapable of guilt usually do have a good time"
-Detective Rust Cohle
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UnholyMudcrab
03/17/21 9:17:56 PM
#4:


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34_ShaqRule_34
03/17/21 9:19:08 PM
#5:


please dont listen to boomer economists like above me

research DeFi and put it into a low market cap token with potential
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Solid Snake07
03/17/21 9:29:17 PM
#6:


34_ShaqRule_34 posted...
please dont listen to boomer economists like above me

research DeFi and put it into a low market cap token with potential


Yea fam

You need to low key glow up and yeet it all into dogecoin and get those diamond hands in the hodle gang. Then sit back and watch all the salty boomers take an L

.......lol

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"People incapable of guilt usually do have a good time"
-Detective Rust Cohle
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TheMikh
03/17/21 9:32:06 PM
#7:


34_ShaqRule_34 posted...
research DeFi and put it into a low market cap token with potential

this is my current investment strategy (in crypto anyway, i also buy stocks though their performance is pitiful in comparison), though i'm considering resuming dollar cost averaging bitcoin

do very diligent research though, there are a lot of scams capitalizing on the defi craze

i tend to just look at comparatively more established tokens - lower reward, but far lower risk

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34_ShaqRule_34
03/17/21 9:33:32 PM
#8:


DCA'ing bitcoin is a huge long term play unless you can afford multiple bitcoin

you would need bitcoin to hit $180,000 to 2x your investment. thats not happening in 2021

if you want some DeFi plays, look at BIRD and FEG.
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34_ShaqRule_34
03/17/21 9:34:42 PM
#9:


Solid Snake07 posted...


Yea fam

You need to low key glow up and yeet it all into dogecoin and get those diamond hands in the hodle gang. Then sit back and watch all the salty boomers take an L

.......lol


i like how the entire extent of your crypto knowledge is zoomers meming into doge and a coin with over a trillion dollar market cap
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Solid Snake07
03/17/21 9:37:02 PM
#10:


34_ShaqRule_34 posted...
i like how the entire extent of your crypto knowledge is zoomers meming into doge and a coin with over a trillion dollar market cap


Who said that's the my entire extent of knowledge? I can recommend you some penny stocks you probably shouldn't buy either.

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"People incapable of guilt usually do have a good time"
-Detective Rust Cohle
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Solid Snake07
03/17/21 9:39:53 PM
#11:


Also what crypto is worth over a trillion?

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"People incapable of guilt usually do have a good time"
-Detective Rust Cohle
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INTERWEBUSER
03/17/21 9:39:57 PM
#12:


If you dont need the money for food/housing/medicine, you should pay it back to the treasury. The country is $30 trillion in debt.

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Ron DeSantis for President 2024, Matt Gaetz for President 2032
Top issues facing the US (imho):National debt, illegal immigration,urban crime
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MaddenDude--
03/17/21 9:42:08 PM
#13:


stonks

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I am Dan_Haren
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34_ShaqRule_34
03/17/21 9:43:38 PM
#14:


Solid Snake07 posted...


Who said that's the my entire extent of knowledge? I can recommend you some penny stocks you probably shouldn't buy either.


imagine buying into penny stocks in 2021

do those even exist anymore? who the fuck isn't launching their low cap startup using some form of blockchain network these days?
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34_ShaqRule_34
03/17/21 9:44:19 PM
#16:


Solid Snake07 posted...
Also what crypto is worth over a trillion?


BTC is worth $1,101,962,517,899
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Njolk
03/17/21 10:00:46 PM
#17:


As with anything related to money, the more you're willing to risk, the more you can make (or lose)

In the bank: super safe, 0.01% annual return

In an "ETF" stock, which is a stock that is just a tiny slice of tons of successful companies: very likely safe, 5%-10% return

In a single large company: maybe safe, 10-15% return

In a cryptocurrency: 20+% return, probably risky

Day trading: literally gambling, 50%+ return
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34_ShaqRule_34
03/17/21 10:02:01 PM
#18:


in defi: 200%+ return minimum, not risky so long as you fucking hodl and the coin wasn't a scam to begin with
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Solid Snake07
03/17/21 10:22:03 PM
#19:


34_ShaqRule_34 posted...
imagine buying into penny stocks in 2021

do those even exist anymore? who the fuck isn't launching their low cap startup using some form of blockchain network these days?


*shrug*

Not me

Don't worry, people will be making fun of the vast majority of cryptos in a similar fashion in 5-10 years

---
"People incapable of guilt usually do have a good time"
-Detective Rust Cohle
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34_ShaqRule_34
03/17/21 10:25:02 PM
#20:


Solid Snake07 posted...


*shrug*

Not me

Don't worry, people will be making fun of the vast majority of cryptos in a similar fashion in 5-10 years


I agree but that doesn't change the fact that 10% of cryptos right now is worth way more to invest into than a fucking boomer stock or a bank right now
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#21
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Naysaspace
03/17/21 11:04:43 PM
#22:


  1. stonks only go up
  2. memes are the easiest way to learn about stocks
  3. tech companies can only appreciate over time
  4. never, ever tell anyone about your losses. Not that you'd have any.

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TheMikh
03/17/21 11:08:45 PM
#23:


Future_Trunks posted...
What defi coin is worth yoloing @TheMikh

as far as defi goes i dca'd link through the latter half of 2020 and grt since january

i did a yolo rebalance last weekend to increase my grt position but now i'm worrying about the opportunity cost if it doesn't perform as well as bitcoin this year

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