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21292832 No.21292832 [Reply] [Original]

So I want to get into the stock market, i make 20k a year so what should I go for, cryptocurrency or the other stock markets, I do have money saved up so what is the least risky options.

>> No.21293141

Not trying to be rude, but you should focus your efforts on earning more money through your career first.

>> No.21293196
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21293196

>>21292832
Unironically just put everything into Link. I used to think crypto was a meme but link is unironically the way to go. I could have bought at $3.50 and I will regret it probably for the rest of my life. Wait for it to drop a bit and put everything in not joking.

>> No.21293360

go safe and get you some ETFs. And blue chip stocks. dont dabble in crpyto (except btc and eth) like these fags do

>> No.21293365

>>21293141
I can agree but I do think it would be good to learn stocks.

it's getting more accessible for everyone, even around my income it's possible for me.

>> No.21293376
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21293376

>>21293196

>> No.21293386
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21293386

>>21293196
and no bobo, I know your tricks.

>> No.21293421

>>21293196

fuckin link nuh uh aint no 4channer gon fall for that

>> No.21293437

>>21293360
I can agree, there are only few types of cryptocurrency I would touch, it's too risky these days.

>> No.21293449
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21293449

>>21293196
Yes

>> No.21293478

>>21292832
You need 10k
Half a years wage
To stand a chance in the stonk market
Your capital will be nibbled away with anything less

>> No.21293512

>>21293437

yeah man everyones getting into crpyto these days so its a lot easier for scammers

>> No.21293628

>>21293478
can't you just invest in some tech stocks and watch your money rise? literally all of them just go up up up every month

>> No.21293638

>>21293478
I have 30k, any tips for someone who knows nothing?

>> No.21293735

>>21292832
Don't play with money you can't afford to lose.
Don't try to day trade stocks; only buy to hold for a long time. Go for high dividend ETFs if you can afford them.
Crypto is even more risky. If you can throw some play money at it feel free, again, don't put in what you can't afford to lose.

>> No.21293780
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21293780

>>21293196
This is the way.

>> No.21293788

>>21293628
It does make sense, but what is the best choice in Tech stocks.

>> No.21293796

>>21293478
That's fucking retarded.

You're just setting people up to piss away their money. I started with a measly $500 account and just learned the basics of technical analysis and so on. I now have $7k in my portfolio.

The idea that you need an x amount to start is fucking dumb. Only your profits and losses will change with the amount of money you put in, not the fundamentals of what's going on in the market.

A beginner should be focusing on those fundementals, not be cought up on some arbitrary bullshit barrier to entry numbers.

>> No.21293838

>>21293628
That's an option at the minute. Also inverse ETFs would be smart for the mid term. Especially if these predictions for a 30% crash turn out correct

>>21293638
Index funds and leveraged ETFs

>> No.21293850

>>21293796
I have like 30k, so a good amount to start with, how do I learn the fundamentals.

>> No.21293859

>>21292832
if your IQ can only net a 20k job. Investing isn't for you.

>> No.21293873

>>21293788
FANG
facebook, apple, amazon, google. Maybe tesla too

>> No.21293894

>>21293735
Yeah it seems like, every smart investor who seems to know what there talking about says invest long term too, but i may dapple in a little bit of crypto, not to much though.

>> No.21293899

>>21293796
Almost like were different people with different experiences. Do I really need to write "YMMV" for you? Fuckin reddit
Cool man, sweet gains tho

>> No.21293901

oh and netflix

>> No.21293946

>>21293796
Also the idea is to have enough capital to.cover drawdowns, to enforce 2 and 6% rules etc
yMMV faggot

>> No.21293977

>>21293859
I don't think so, people these days can't even find jobs! if you don't go a Pacific field your fucked.

>> No.21294002

>>21292832
All in LEND / AAVE before $1B cap. Sell half at 5x. Continue.

>> No.21294013

>>21293873
I don't think Facebook is a good idea, but the rest you said makes sense.