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/biz/ - Business & Finance

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11470126 No.11470126 [Reply] [Original]

I'm 18yo and I have 500€ to invest. Where should I put the money /biz/?

>> No.11470158

50% BTC, 50% other cryptos without a doubt. Your age is the best time and opportunity to take speculative, risky investments.

>> No.11470216

>>11470126
Short spy via late 2019 puts

>> No.11470217

>>11470126
Anything you want. First you need a stable income(aka, job or parents) to maintain weekly/monthly investments,
>>11470158
Don't listen to this imbecile. Speculation is good if you have millions to spend, but as a poorfag you'll be at mercy of huge speculators.

Cryptos are useless electronic money. Don't ever buy it

>> No.11470230
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11470230

>>11470126
A comfortable mattress or mattress pad
Or a gun

>> No.11470238

>>11470230
nvm forgot about the €
go with a super comfy mattress. you'll use it every day

>> No.11470260

>>11470217 #
I know that crypto shit is just a trend thing, but as long as it keeps going I wanna jump into the train and take some out of it

>> No.11470281

>>11470260
> but as long as it keeps going I wanna jump into the train and take some out of it
May as well buy lottery tickets. Bitcoin already crashed, and since it was the most popular coin it was the only one that managed to provide a very smal margin of safety

>> No.11470357

>>11470260
The idea is you want to be the first lot to jump the train, when no one wants it and it seems dead (its heading that way very soon). Slowly over time the crowd builds up and the price starts seeing bigger and bigger increases. You sell when everyone is trying to buy.
Buy at 3K anon, trust me and good luck.

>> No.11470403

>>11470357
>Slowly over time the crowd builds up
Why would that happen? People invest cryptos because they want to get rich quickly. The current market is heading towards stagnation at best or a even greater crash at worst.
Only whales may change it, but we have no idea what they'll do

>> No.11470606

>>11470403
>we have no idea what they'll do
You own hundreds of BTC that still has more room for exponential growth and have connections with other people who do to. What would you want to do?

>> No.11471033

>>11470126
Invest in a high demand low supply skill

>> No.11471184
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11471184

>>11470126
100x long on Bitmex

>> No.11471226

>>11470126
RVN, invest in RVN while you get a chance, avoid meme coins, avoid the "trend".

Go with RVN buddy, it has bitcoin devs, more decentralized then any other coin, invest it and let it grow, get rich.

>> No.11471236

Go big or go home. So all in SHL

>> No.11471262

>>11470126
A savings account. Don't start investing until you have AT LEAST a $5k cash buffer

>> No.11471330

>>11470126
no 18 yo ever sees themselves as baby pepe, nice try literal 60 yo boomer

>> No.11471353

>>11470126
Education. Learn a skill or a trade.

>> No.11471363

>>11470126
Change into CHF to hedge against ecb, wait for crypto to bottom below 1k, go in
Or start your gold stack

>> No.11471372

Link

>> No.11471751

>>11471184
this.