[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 54 KB, 465x576, 0175_-_MxBaFDO.jpg [View same] [iqdb] [saucenao] [google]
25874278 No.25874278 [Reply] [Original]

Hello,

I was wondering if any of you got some good advice for newcommers in the investing game. I currently got myself an trading account at a local big bank. I was wondering if there are any stocks right now that are a bargain with potentional to bloom. Also I'd love to hear other ways of investing like crypto currencies or assets.

>> No.25874334

>>25874278
Stocks are GAY. Take ten thousand dollars and market buy XLM, LINK, and BAT, come back in a years time and invite me to your yacht.

>> No.25875136

>>25874334
Pretty good picks.

>> No.25876135
File: 580 KB, 1664x2560, aids.jpg [View same] [iqdb] [saucenao] [google]
25876135

This board is a schizo-pit, you wont find any legitimate financial advice here. If you want some decent theory start with pic related.

>> No.25876848

>>25874278
For the unlikely event you're not larping, stsrt by dumping your local bank's trading account for a feeless online broker like 212 trading. Your banking broker will likely charge you fees which drain any potential gains.

>> No.25876909
File: 85 KB, 1080x1266, 97ee21dc95431ef1764094e20862b949.jpg [View same] [iqdb] [saucenao] [google]
25876909

Before trading, learn some economics and learn how money works (central banking).

Learning how to trade before learning how the economic system works is like learning how to run before you walk.

>> No.25877024

>>25874278
yes, a book, and its called DYOR

>> No.25877119

just buy xrp like all other newfags, loose all your money and then mabye you will make it in the next bull run

But for real advise just focus on something that interests you and get really good at it. I.E. learn about small med caps stocks / crypto whatever - pick a niche and master it, dont fall for the diversification meme. Doing your own research is the only thing that will bring you foward.

>> No.25877183

>>25874278
Take the uniswap pill

>> No.25877314

>>25876135
Based advice on /biz/? Damn, never thought I'd see it.

OP: read any book by John Bogle.

>> No.25877762

>>25876909
Absolutely bluepilled boomer response. Understanding how Jews control us through fractional reserve banking and so forth does nothing to help OP secure a quick 2-300% gain on crypto.

>> No.25877869

>>25877762
>investing like cryptocurrencies or assets

OP was talking about stock and crypto. Knowing that the FED is pumping the stock market is important. And as crypto is supposed to be a solution to central banks, it helps to know about the problem with central banks.

Maybe you need to do some reading too.

>> No.25878143

>>25877869
These larger questions are immaterial to making money, which is OP's goal.

I was perfectly aware LINK wasn't/isn't actually going to accomplish it's pie-in-the-sky goals-- doesn't mean I didn't buy that shit at $2.14 and sold at $18. What matters is price action and hype.

>> No.25878147

>>25876135
Value investing is not statistically significant.

>>25874278
The Kelly criterion is the formula for maximising wealth over time.

>> No.25878348
File: 118 KB, 1200x1807, 1531478708992.png [View same] [iqdb] [saucenao] [google]
25878348

>>25876135

>> No.25878458

>>25877762
lol dumbass

>> No.25879500

>>25874278
ethdown entry @ 0.0355
target $9 basically vertical starting next few days

several thousand tokens is about $100

>> No.25879565

>>25874278
Buy high sell low
>>25878348
Kek basic lecture for biz