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/biz/ - Business & Finance

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20899719 No.20899719 [Reply] [Original]

Okay serious question. I recently inherited some money. I have a little over 10k at this point. I guess I want to know if thats enough to do anything serious. Meaning, turn it into 15k or 20k. Simple reccomendations to a novice in the field?

>> No.20899754

This is not the right place to learn about investing friend.
But If you take $2000 of that money and buy BTC/ETH/LINK you'll do alright.

You should probably go to reddit and ask their opinion..

>> No.20899846

>>20899719
Buy the dip and sell at the peak

Thats literally it, it's luck. Anyone who larps as being an investing financial genius is just a larping dumbass who wants to appear smart.

The /biz/ equivenlt of a psudo intellectual

>> No.20899951

Solid advice ty. Just want to what is worth getting into with a 10k starting point.

>>20899754
i agree I just made an account there 2 minutes ago lol

>> No.20900012

If you are going to drop any money on crypto or anything else learn about risk management, trader psychology and don't trust random people who promise the moon on Internet forums, put the effort in and do your own research :)

Good luck

>> No.20900483

if anyone has any advice or ideas about what I can put 10k iinto and get money back pls let me know. Anything, property, businesses, narcotics I'm very open minded.

>> No.20900576

>>20900483
If narcotics isn't a no-go-zone the choice has been made anon. Get working on tor and make the profits

>> No.20900587
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20900587

>>20899719
Save for a downpayment on a property, just hold cash for now. It's boring because it's true. In a few years get into stocks and make certain you aren't just gambling on high volatility bullshit (tech, forex).

>>20899754
Crypto is for fucking retards including, but not limited to, poor Westerners and desperate Pajeets - it's purely speculative and significantly higher risk due to scams and lack of tangible value.

>> No.20900599

>>20899719
yeah man doubling your money is easy as fuck bro 100% return is trivial just buy ANYTHING you're guaranteed to make a shit ton of money no risk at all