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/biz/ - Business & Finance

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56402908 No.56402908 [Reply] [Original]

Got about $80k to invest, does this make sense?
$50k savings/t-bills
$10k to btc
$10k to doge
$10k tesla

>> No.56402920

>>56402908
Fuck off

>> No.56402965

>>56402908
It does not.

>> No.56402985

>>56402908
You are the type of person that is stupid enough to make a financial advisor actually make sense.

>> No.56403003

>>56402908
Ignore these losers, BTC and DOGE is the way to go.
BTC will go to 650k
ETH heading for 35k
DOGE will hit at least $1

>> No.56403033

>>56402908
No.
Just go all in on an index fund that tracks SP500

>> No.56403074

>>56402908
You belong on Reddit. Go all in on doggy coin you absolute nigger retard.

>> No.56404350

>>56402920
>>56402965
>>56402985
>>56403074
what do you recommend instead? fuck reddit

>> No.56405342
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56405342

>>56402908
40k bitcoin
10k link
10k tao
10k tether (dips & shitcoins)
10k in the bank (cause food & bills)

>> No.56405355

>>56405342
you're that confident on BTC? I feel like going all in with investments will just make you lose your hair, even if it guarantees 20xing your wealth. Besides, waiting is the most important part in being profitable. No point suffering and having to sell low because reality gets in the way.

>> No.56405413

>>56405355
If it makes you uncomfortable, perhaps go 1 full bitcoin and put the rest of that 40k somewhere else.

With bitcoin, i feel it's less about multiples and more about holding purchasing power against the dollar over the long-term, while you make multiples with other investments.
That, and there will never be a "next bitcoin" no matter what people want to think. In comparison to everything else, it feels like the safe-haven.

I'd put it in cold storage and basically forget about it.

>> No.56405442

>>56405355
Oh and, "nfa".

>> No.56405468

>>56405413
Makes sense. Any reason you don't go for ETH instead? Seems if BTC will go up, so will ETH at this point and outperform it, especially with another NFT craze or coins built on ETH, or something new

>> No.56405477
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56405477

I FUCKING KNEEL BULLS

FUCK

>> No.56405590

$80,000 into risky crypto coins that will make you a millionaire next bull market

>> No.56405601

>>56405468
Ethereum isn't going anywhere, and it probably will out-preform bitcoin, at least in the mid-term. But there are already a lot of EVMs and other alternatives.
It's hard to predict where the liquidity will end up when it comes to smart contract platforms. Maybe split 10k among 2 or 3 of them, with the majority in ETH?

If you're good with defi and flipping shitcoins you can make an absolute killing on Ethereum in the bull but it's very involved. Right now, it's all just devs and their friends dumping on the people without access to their TGs.

Personally, I look for "intersections" like chainlink and bittensor. Cover more ground that way.

>> No.56405669

>>56405601
do you really think chainlink will come back? why not just invest in new projects? seems they pump hardest every cycle

>> No.56405850

>>56405669
Yeah, do that too. I wouldn't spread out too much, though.

Most people have it backwards, we should be diversifying to keep our wealth. Conviction is what creates it.