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/biz/ - Business & Finance

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20136501 No.20136501 [Reply] [Original]

Should I sink my life savings into crypto?

>> No.20136517

>>20136501
yes

>> No.20136566

Risk management, anon. Allocate a certain percentage to crypto, stocks, bonds etc. It depends how much risk risk you can afford to take.

>> No.20136578

>>20136566
if you're not already a boomer you should only hold crypto and stock index funds

>> No.20136605

>>20136578
It is still possible to find undervalued stocks, but i agree that holding stock index funds is the best option for the majority of people.

>> No.20136641

>>20136501

Literally who?

>> No.20136717
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20136717

>>20136641
>(((Yanowitz)))

>> No.20137000
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20137000

>>20136501
Not unless your future career goals will require an untouchable means of acquiring private services or products essential to your success under anonymity. It's really just black ops shit and black budgets investing in a few charismatic salesmen who pay off foreign developers and basement dwelling weirdos from forums like southeast asian chan-variants and Reddit so they can steamroll a headstart in the crypto market. Then they pump and dump every penny they make into the other crpytos to stimulate their main sources.
With nothing to stop them from faking the whole operation and generating a bunch of nonsensical hype on forums like /biz/ to promote a false sense of success, then young idiots who don't even know what a pyramid scheme is are going to get scammed like people have been since the dawn of time.