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/biz/ - Business & Finance

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File: 422 KB, 956x1244, 10th-anniversaire-de-Bitcoin-The-Times-Crypto-Souvenir-Vintage-d-coratif-affiche-toile-peinture-mur-autocollant1.jpg [View same] [iqdb] [saucenao] [google]
17960669 No.17960669 [Reply] [Original]

$560,000 in bank sitting in USD
$250,000 in my local currency

$380,000 in stable coins
$650,000 in ETH + BTC

*I don't have my own apartment

do I go into blue chip stocks with the money in the bank, do I wait more and then, do I just leave it out of stocks for now?

>> No.17960845

>>17960669
I would not have more than the insured limit in bank accounts atm.

>> No.17960886

>>17960669
And how much do you really have?

>560$ in bank
>250$ in cash
>380$ in stable coins
>650$ in ETH and BTC

classic /biz/

>> No.17960904

>>17960669
Stfu dipshit. If you had a fraction of that wealth you would already know about appropriate resources for financial information and advice.

>> No.17960970

>>17960669
Do you have all the shit you need? Hobbies, a family, etc?
If not then live your life some. Be a shame if you died next week and all you had to show was a bunch of paper.
If you do already then idk man just keep doing what you're doing.

>> No.17961239
File: 12 KB, 270x270, taleb smile.jpg [View same] [iqdb] [saucenao] [google]
17961239

>>17960669
>do I go into blue chip stocks with the money in the bank, do I wait more and then, do I just leave it out of stocks for now?
stocks should bottom in April
and should double from here in the next 2 years.

I'm going long via LEAP options.
If your gonna hold for the long term, hold your stock via the Direct Registration System DRS.

Why do you want stocks safety or gains?

>> No.17961326

>>17961239
Mainly gains because I'm 23, how did you come to the conclusion it will bottom in April?

>> No.17961674
File: 28 KB, 785x476, trumps pumps.jpg [View same] [iqdb] [saucenao] [google]
17961674

>>17961326
>Mainly gains because I'm 23, how did you come to the conclusion it will bottom in April?
Martin Armstrong
Calls the crash
https://www.youtube.com/watch?v=7wJ_BTOLxxo

His analysis points to a low in April
https://www.armstrongeconomics.com/blog/

Here is my discord VWRlc2g#4757
send me a message and I'll add you to our trading/investing server.

>> No.17962966

>>17961674
he didn't call the crash, he is saying he doesn't expect to go into bear market and that in the long terms markets are fine.. (around 6:00)

>> No.17963000

>>17960669
I don't get it why are you guys posting this newspaper page?

>> No.17963004

>>17960886
Kek

>> No.17963032

How do you have that much money but no idea what to do

>> No.17963106

>>17960669
So do tell how your worth 1.8 million at 23

>> No.17963330

>>17961239
ROFL

>> No.17963700
File: 248 KB, 481x500, 1584705423348.png [View same] [iqdb] [saucenao] [google]
17963700

>>17962966
>he didn't call the crash, he is saying he doesn't expect to go into bear market and that in the long terms markets are fine.. (around 6:00)
Stock market will double in the next 2 years because of a bond collapse.

He calls the not in bear market level at 19k on the DOW, you really should listen to what he said.

I had options go 10x on this call.

>> No.17963809

>>17960669
50 million americans just got laid off indefinitely.
Dow will go sub 8,000 id wait for then

>> No.17963925
File: 94 KB, 602x709, banter-stops-590ba2479f279.jpg [View same] [iqdb] [saucenao] [google]
17963925

>>17960669
>$560,000 in bank sitting in USD
You have that much money and you need advice from randoms on a japanese image board.....

>> No.17965272

>>17963925
best advice comes from /biz/, that's how I got this far

>> No.17965292

>>17960845
this

>> No.17965318

>>17960669
Yes you fucking retard, now is a great time to buy since years of gains were wiped out by this bear market. If you are scared invest half now and half if it drops another 20%. It won't drop much more than 50% worse case scenario of you look at the historic dips.

>> No.17965347

>>17960845
This but also have less fiat. Hyper inflation skin

>> No.17965419

>>17965272
what shitcoin?

>> No.17965476
File: 10 KB, 300x168, images - 2020-03-20T175119.297.jpg [View same] [iqdb] [saucenao] [google]
17965476

I-is that newspaper real?

>> No.17965519

>>17960669
https://www.theguardian.com/us-news/2020/mar/20/republican-senators-sold-stocks-before-markets-plunged-on-coronavirus-fears-reports

Enjoy hodling their bags and breakin' your arms

>> No.17965552

>>17960904
He obviously inherited his assets and will promptly gamble away everything on companies that will shortly go bankrupt instead of being content with what he already has.

>> No.17965558

>>17960669
Get some DNA (Idena) just in case it catches on.