[ 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: 56 KB, 428x318, 1549285621832.jpg [View same] [iqdb] [saucenao] [google]
14978255 No.14978255 [Reply] [Original]

What's a good investment for someone who has never interacted with any of the topics on this board in his life and has sub $500 to his name?

>> No.14978262
File: 64 KB, 1000x1000, honest work.jpg [View same] [iqdb] [saucenao] [google]
14978262

>>14978255

>> No.14978264

>>14978255
kneepads

>> No.14978267

ONE

>> No.14978272

>>14978255
Chainlink

>> No.14978275
File: 105 KB, 415x353, fug.png [View same] [iqdb] [saucenao] [google]
14978275

>>14978262
>>14978264
>>14978267
Please don't be mean to me it's a genuine question.

>> No.14978279

>>14978255
kneepads

>> No.14978285

>>14978255
>>14978275
Two words:
shrimp farm
Thank me later

>> No.14978289

>>14978255
buy Chainlink on coinbase

>> No.14978312
File: 2.30 MB, 540x240, 1547646965231.gif [View same] [iqdb] [saucenao] [google]
14978312

>>14978285
>Indoor shrimp farming start-up expenses can be relatively low. A 40-tank farm with building costs included can cost as much as $500,000. However, an eight-tank farm that already has a building can be as little as $100,000, according to Rosenberry.
>relatively low
>as little as $100,000
How the fuck?

>> No.14978324
File: 50 KB, 335x500, 51hIN5N4BlL.jpg [View same] [iqdb] [saucenao] [google]
14978324

>>14978255
A book on personal finance.

>> No.14978327

>>14978255
BTC, ETH or XMR. Everything else takes longer to learn or is farther away from development. This shit is risky enough, trust the bigger coins only. Until you learn about faked volume and have seen what you're trying to do play out in real life, it's going to be hard to know where you're going. I needed 1 + year to learn what my strategy was going to be and what pitfalls to look for. I honestly like smart contracts junk but It's all based on ETH, EOS, and TRX right now so learning those is better

>> No.14978360

>>14978312
Just start small with a single tank in your livingroom and work your way up.

>> No.14978368
File: 773 KB, 1440x2560, ApotheosisofSergey.jpg [View same] [iqdb] [saucenao] [google]
14978368

>>14978255
Checked
Buy LINK
Now get out

>> No.14978375

start a snail farm

>> No.14978400

>>14978255
since you rolled dubs and since you're looking to watch $500 grow. in a way where you dont have to think about jt, just buy chainlink with a debit card on coinbase....that is if you're not living in New York.

>> No.14978431

>>14978400
Recommending something with a billion units to moon is mean. Learn math first

>> No.14978611
File: 1.88 MB, 320x180, 1540698635216.gif [View same] [iqdb] [saucenao] [google]
14978611

>>14978272
>>14978289
>>14978368
>>14978400
Got declined by my bank. Thanks anyway /biz/. Guess all I can really do is work and save money...

>> No.14979252

>>14978611
damn, that's sad. Buying BTC every 2 weeks for 3 years is how I quit working. Hopefully you get yours someday, fuck working for others

>> No.14979307

>>14978255
Hello sir, do you have a moment to talk about our Lord and savior Sergey Nazarov? I was once like you, lost, broke. But then I bought Chainlink.

My iq jumped up almost ten points, and I became an expert on the future of derivatives, insurance, and other high level financial instruments. Suddenly, I had an opinion on the capital gains tax! My credit score is still shit, but that doesn't matter because I'm rich in memebux. And I know in my heart that I share the love of the Sergey of Nazarov, and will have a place in his home for all eternity, wether he knows it or not

The same thing will happen

>> No.14979324

>>14979252
Would it be better to buy 30k in bitcoin at once and then continue to buy 1k a month? I am trying to figure it out.

>> No.14979427
File: 16 KB, 436x250, 1562077242416.jpg [View same] [iqdb] [saucenao] [google]
14979427

>>14978324
Best answer in this thread.

Learn to budget too, that's number one before anything. Making 5-10% returns in internet money monthly with how much you got means 50$ a month, at most (Compound interest bla bla shit, yeah everything's gonna crash eventually. Plus OP ain't looking to HODL for 3 years), which is fuckall. If you budget properly and right and cut costs and all other things that are unnecessary, you'll save a minimum of $100 if you're a working man, way more probably.

So do that, and learn about finance and investing, while also lurking this board and casual trading some coins. Invest all your savings into an investment portfolio (Crypto, stocks, whatever you can), but don't forget to keep and emergency fund. You can make an extra $500 a month easily if you do it right, and more when you start compounding your savings too. Also, always diversify to minimise risk.

-t. drug dealing college student

>> No.14979462

>>14979324
I would buy 30k worth if it crashes to 8k for sure. I personally think $9k will hold forever so that's where I'd buy in now. BTC have a supercharged breakout if it reaches ATH soon. There's no resistance until 16k. These next 2 years will be BTC going up, this reminds me of BTC at $300-400 in 2016

>> No.14979480

>>14979462
Most crypto holders vote liberal btw.

Watch the hate foam from the mouth of you idiots

>> No.14979643

>>14978255
Zuckbucks. if it doesn't 100x, there will be no alt-season.

>> No.14979742
File: 42 KB, 330x412, 1563343720632.jpg [View same] [iqdb] [saucenao] [google]
14979742

>>14978255
look into RSR