/biz/ - Business & Finance

I've put 8k in crypto.
I still have 25k liquid in the bank. No matter how much FOMO you're feeling, remember whatever you invest should be money you can live without. Basically if all the money I put in crypto somehow goes to $0 (e.g. losing your wallet, or Coinbase fucks you) and I lose my job at the same time, I still have enough money in savings to survive for a year.

>>26967257
BTC has never not gone up long term. it's the safest long-term hold, institutional investors just jumped on it and even though it dropped from its bull rush peak to 40k, you and I both know it's going to be 45-50k by the end of 2021, if not more.
Just look at how it's basically fucking doubled every year since 2017.

I don't get it. There's no big short positions against NOK from hedge funds right?
so what's the point if there's no squeeze? you can't just buy any stock and turn it into GME.
Correct me if I'm wrong though. I have 15 shares of NOK already because I'm an autist but tell me why this is going to go up. The total no. of shares is too high for /biz/ to seriously affect the market right?