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/biz/ - Business & Finance

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23982276 No.23982276 [Reply] [Original]

I have like 3k usd and basically no expenses should i just throw it all at more bitcoin?

>> No.23982481

>>23982276
how would you react if it drops to 13-14K after you buy?

>> No.23982533

>>23982276
hahahahahahaha bitcoin

>> No.23983130

>>23982533
what then link?

>> No.23983433

>>23982276
technically
Only the gov owns fiat ??

>> No.23983457

buy land lmao. Only thing they can't print more of.

>> No.23983474

>>23982276
Why would you want to own fiat when fiat has never been worth less and the government literally increases its supply by millions every day causing it to be worth even less than it was 24 hours ago? money has no value. you have to convert it to assets as soon as possible for it to retain any amount of value it currently has

>> No.23983562

>>23983457
with 3k?

>> No.23983713
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23983713

>>23982276
If you want to be safe, yeah you can go btc, but if you want real profit, get some TON and stake them....easiest short term money ever

>> No.23983774

>>23983562
Exactly. Investing in a house is always prudent, I'll be retired in my early 40s thanks to real estate. In your position go all in Bitcoin. If you have doubts listen to Michael Saylor or Raoul Pal, they'll set you straight. You have no other asset with a similar upside - not even remotely close. I strongly believe you could legitimately buy a house if you invest now and hold. But you have to hold even after the price goes way the fuck up.

>> No.23983880

>>23983774
thats the thing all these people here fud bitcoin but when i listen to legit financial people they all say 1 mil in 5-10 years

>> No.23983881

Buy XRP
2000$
EOY

>> No.23983951

>>23983881
I have a couple hundred waiting on flare

>> No.23984009

>>23983880
It's a no brainer. The upside is ludicrous. Are you going to make a 2x on stocks anytime soon? Probably not. Gold? Probably not. Bitcoin? Easily. People think it's going to fizzle out at 600k as it supercedes gold as the de facto store of value? Why would it stop there if it's better than gold in every way? Paradigm shifts take time, but expect this to fucking murder over the next 10 years. Boomers were given cheap equities, real estate and bonds. We have none of that along with highly inflationary and unsustainable Keynesian monetary policy. Hello. This is a once in a lifetime opportunity to get into the new store of value and frontrun institutions to boot. Anyone not investing just doesn't understand everything that's going on.

>> No.23984085

>>23983880
>all these people here fud bitcoin
Think about it like shitposting but instead of wasting time, it’s wasting money.... financially ruining newfags and brainlets

>> No.23984114
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23984114

>>23984009
Just bought $500 more, waiting for more NEETBUX

>> No.23984132

>>23984085
Arya Stark asked if she should long it and everybody went full schizo like normie money cooming in is a good thing

>> No.23985137

fiat is ded

>> No.23985160

>>23982276
Throw it all in RSR, it's going to moon.

>> No.23985288

XRP until 12th december or retarded

>> No.23985324

>>23985288
I know its so cheap i buy more everyday

>> No.23986375

>>23982276
you will always need emergency cash. so no. keep the 3k. you never know.

>> No.23986401

>>23982276
you should develop basic competency with all asset classes and dca into all of them to varying degrees while buying dips and relative values

>> No.23986544

>>23984009

> Are you going to make a 2x on stocks anytime soon? Probably not.

I made 2x on stocks by buying the dip in march

>> No.23986836

I'm going to put some winnings into USD in a Bank because that's one asset that hackers or malfunction or mistake won't destroy. Spread your assets out. Some in bitcoin, some in stablecoins, some into stocks and other cryptos, and some into USD.

>> No.23987000

>>23982276
If you dont need it
Gold/silver
If you'll need it
Stonks/guns

>> No.23987200

>>23986836

I mean of coarse after the bullrun, before the bullrun having some 'emergency cash" I guess makes sense, too. Just a hedge against risk.