[ 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: 10 KB, 205x246, download.jpg [View same] [iqdb] [saucenao] [google]
14657480 No.14657480 [Reply] [Original]

my dad wants to give me £10k to invest

i dont know shit about this what do i do

>> No.14657520

>>14657480
Erm buy a bitcoin? They're less than £10k now and is probably a safe bet.

>> No.14657529

Stay away from this place

>> No.14657574

>>14657480
safe bets
ETH
BTC
DOGE

>> No.14657639

>>14657480
Investopedia is a good place to start. Look up things you see on this board that you don’t understand, like MACD, PE, option call, etc. and read the Investopedia article for it. Then read the articles linked by that article, continuing the chain for as long as you’re willing to dive. Then search anything you don’t understand on Youtube to get another explanation, especially if you can find ones with illustrations from real investments. Once you have a solid grasp of the basics, put all your cash on the Chainlink token and wait two to four years.

>> No.14657681

>>14657480
all in VTI
hold for 30 years, keep adding each year

>> No.14657697
File: 305 KB, 610x449, 1560792674697.png [View same] [iqdb] [saucenao] [google]
14657697

>>14657480

>> No.14657906

buy link you faggoyt

>> No.14657934

>>14657480
tell your dad to fuck off and dyor
if you don't wanna help him he'll be angry for a day
if you lose all his money he's gonna look down on you for a lifetime

>> No.14658002
File: 3.20 MB, 2951x9998, 1562117627207.jpg [View same] [iqdb] [saucenao] [google]
14658002

>>14657480

So many promising altcoins nowadays:
>Link
>RLC
>VIDT
>Holo
>Harmony ONE
>BCH
>ETC
>LTC
Also fuck fudposters, curryniggers and those who have weak hands. They go to hell.

>> No.14658043

>>14658002
According to your pic you should buy BTC and not the shit you listed

>> No.14658090

>>14658002
Swap ONE for FTM and don't buy holo unless you think radical feminists can actually run a successful business.

>> No.14658256

Literally buy bitcoin, it's pretty obvious he's given you the USD spot price of a single BTC to buy it.

Spend the rest of the currency conversion on hookers and blow and blame it on fees and forex

>> No.14658864

>>14658256
>Spend the rest of the currency conversion on hookers and blow and blame it on fees and forex
based

>> No.14658932

>>14657480
this will end badly

>>14657529
listen to this guy

>> No.14658952

>>14657480
LiNK

>> No.14658975

>>14657697
This is the right answer

>> No.14658991

>>14657480
Flush it down the toilet and get the inevitable over with. If you're asking for advice here you're too stupid to make any kind of investment.

>> No.14659020

Do some research into Chain Link. Very promising project :)

>> No.14659143

Is it a gifted 10k? I would assume so since you dont know anything about investing. If he's handing it over so you can invest it and grow his money, absolutely do not accept it. Family and money should never meet. If it's a gift, check investopedia. You can make a comfy 5-7% annual return with research patience and a little luck. I wouldn't recommend gambling on crypto like every dweeb on here.

>> No.14659250
File: 17 KB, 212x212, goof.jpg [View same] [iqdb] [saucenao] [google]
14659250

>>14657480
If you don't know shit about crypto do not dump any fucking money into it.
Put that 10k into stocks and let it grow while you DYOR on some coins. Paper trade for a while until you get comfortable.
Don't let these leeches steal your free money, anon.

>> No.14659973

grow lavender

>> No.14660667

>>14657480
don't trust anyone here and learn to think for yourself. take in information objectively and come to your own conclusions. crypto is a rough game and this place is full of idiots.

don't trust me either