/biz/ - Business & Finance

>>26773904
im the same.
I care too much about my money. The act of just going all in on something based on the advice of people on this board is terrifying but it undoubtedly works some times.

>>26774172
Yea I know what u mean. I have like 140k saved up and if I just had the balls to do this. Sigh....

>>26774249
I had roughly $400,000 and didn't do it, I could be a multi millionaire right now. Instead I ended up doing $8,000 for the day

Keys to successful big dick chad high risk tolerance trading
1) Make purchases while drunk
2) Be prepared for whatever you're putting in to go to 0 and do not let it scare you
3) Jerk off before any investment decision
4) Before any investment decision ask yourself "What Would Kanye Do?"
5) Listen to Death Grips "Takyon" while browsing brokerages/shitcoin markets

Congratulations, you now have diamond hands and omega dick risk tolerance and are now ready for your first 1000% return

>>26774380
Nice man. At least u have more than me. Would be even harder to commit that much

because it also could've not gotten the momentum and went back to $7 retard. just go buy lottery tickets, its the same thing

>>26773904
Because you didn't take the first step?
It's real easy, anyone who wants in:
Start small, get in the game.
I started with just over 100 dollars. If you can't make gains with that you cant make gains period. Buy a few small things, make little gains, play with those profits or hold on to them. Start slowly building up a portfolio, learn what works and what doesn't. When you have a good lead but a decent amount in and see what happens.

>>26774621
Funny I set up all my trading accounts, bought all my GME shares last week when I was balls drunk. Back to drinking everyday I love drunk me

>>26774249
>>26774380
>TFW 26 and only 25k in a 401k.

Am I going to make it? What should I be putting money into for the future.

>>26773904
it's okay. You're learning.

>>26773904
Feeling you Anon.
This is like the 5th get rich quick scheme ive missed in the last 6 years.
Feelsbadman.

>>26773904

Because hindsight is 20/20 and nobody really knew this shit was going to happen until it happened. And for every GME and AMC viral shit there's a dozen other times where you may think something will go big and you dump a few thousand into it and make jack squat or lose it all.

Also a lot of both early short sellers and bangwagon jumping regular investors who don't time their sell perfectly will be shafted when the sell stampede starts. Basically the people who get rich on this will just be gamblers who timed their short sells at the right time, or both bought in early and then sell at the right time.

>>26773904
i was screaming at /smg/ friday to buy it and again on monday all you had to do was listen

>>26776184
That's a lot more than most people have at that age. Do you have a decent job?
I unironically lived in a shitty van for 4 years to avoid rent payments to get where I'm at.
I just invested heavily in ETFs and put everything I didn't need to survive back into my portfolio.
way easier said than done.

>>26776184
>Am I going to make it? What should I be putting money into for the future.

I 40 and have zero in a 401k. had to cash it out to survive covid. feels bad.

>>26773904
You've been taught all your life that you have a certain place in this world and you need to stay there. So you believe that if you take a risk outside of your scope, then you will be doomed to fail.

You MIGHT fail, but then you might not. Learn the value of courage. Be brave no matter what. Do what you think is right and if it costs you everything, then so be it.

>>26776184
Lol, I'm 28 and never had a job or investment. If AMC hits $100 I'll have $100k and continue to be a NEET degenerate for the rest of my life

>>26776184
>401k
yes goy just get rich slowly working for shekels your whole using an inefficient investment vehicle it's all you need goyim don't worry how about a mortgage you can barely afford to go with that nice 401k plan goy?

not everyone can make it. and thats okay. but please shut the fuck up

>>26777537
What should I be doing then?

>>26775080
My plan, I'm just learning now when the next get rich quick scheme rolls around hopefully I'll be ready.

>>26773904
Same. I was thinking of starting trading a few months ago. If I had, who knows. I might have seen the earlier buzz for GME and bought then. Still, hindsight is a bitch. I definitely have money to play with but I’m always just keen on saving it for a house and such. Sill bought a share of GME and 2 of AMC just for the lulz though. Can still make a profit

>>26777679
buying AMC shares

>>26773904
Just put in a small amount if you feel like it might run. I turned $140 into $1350 with AMC. The downside is nothing compared to the regret of not buying in and reaping the upside.

>>26777869
There's a few stocks or coins that explode every year, you just know about this one and Buttcoins because of the memes

>>26777444
Checked and based double trips of wisdom

>>26778004
>Just put in a small amount if you feel like it might run. I turned $140 into $1350 with AMC. The downside is nothing compared to the regret of not buying in and reaping the upside.

the problem is if you're small time turning 130 into 1350, that 1350 starts to feel precious and you get more and more risk adverse. This is what's happening to me.

>>26774709
It was just talked about on every platform for three days...

>>26774621
>>26774709
>>26775080
>>26776184
>>26775957
>>26776411
>>26776856
>>26776930
>>26776936
>>26777122
>>26777300
>>26777442
>>26777444
>>26777537
>>26777638
>>26777679
>>26777701
>>26777869
>>26777977
>>26778004
>>26778007
>>26778018
Thanks u guys it means a lot

>>26777442
Where do you live that 100K sets you up for life?

>>26778203
Sounds like realistically he will only actually lose $140 dollars.
I mean the $1210 for just clicking around?
Monopoly money at that point.

>>26778433

nobody really thinks this way.

>>26774380
jesus christ what an absolute nutless nigger. you couldn't at least risk 50?

>>26778476
If he needs it to feed himself I guess kek.
If he wants REAL money to feed himself and pay bills he should get a job tbqh.

Get MUSE. Don't bitch out this time

>>26778750
>If he wants REAL money to feed himself and pay bills he should get a job tbqh.

Exactly, but that is not what anyone here sells. Is it?

This entire place is a fun meme, I've been coming here for forever. I'm 40. /b/ /pol/ /biz/ are amazing. But they don't really have anyones best interest in mind.

>>26774621
>2) Be prepared for whatever you're putting in to go to 0 and do not let it scare you
this is the most important thing
if you aren't willing to lose it don't put it up
if you want to make long term money ETFs and index funds
this board isn't about that, it's about brass balled bulls fucking the bobos and laughing

>>26778930
I bought 139 doge coins for 95cents and I'm up by like 50cents because its skyrocketing right now.
I'm having a blast

>>26777444
Checked
So be it

If it makes you feel any better I was late to GME , i bought in for an average of $98 and these past 3 days have been absolutely the most stressful of my life, i've been watching tickers from pre market to after market and been consumed by fud and anxiety .

It's never free money, you pay for it one way or another.

>>26777442
Do you guys really think ts hitting 100?

>>26780236
I don't think lightening is striking twice. Invest literally only what you're willing to lose completely, AMC isn't shorted enough to completely fuck as hard as gamestop did.

>>26774380
nigger just do it. I have way less money and I've taken more risks

>>26780459
I think 30% of what GME does is logical, diminishing returns on the next ones

My mom and brother talked me out of buying BTC in 2009.

>>26779655
I thought I was the only one who noticed this. Dogecoin is skyrocketing, I sold most of mine just now to get more GME.

>>26773904
Fortune favors the brave

>>26777442
hate to break it to you but 100k is nowhere near enought to set you up for life, unless you live in a shack in the middle of alaska or something

yeah same, i have 120k saved and i'd be set if i invested even a fraction of that in gme a week or 2 ago.

>>26780570
Maybe.
I threw about $100 at it for shits, and it rocketed right after. I'm still sore from the gamestop rocket.

>>26773904
>wake up on monday
>check GME, it's 88
>"Oh it's already gonna drop, good thing I didn't buy lol."
>Check back today
>"$370"
I bought in at 280. At this point if I don't at least TRY to get my piece I'll never get a hard on again.

>>26780637
That I do have to say is true my man

>>26780620
Come on retard, rule #1 is never sell doge. This is elementary .

>>26780790
bought in that price and again at like 340. is your play to sell on friday?

>>26780868
I’ll get it back don’t worry, just needed a tiny bit more GME cause I’m scared of what’s gonna happen tomorrow.

>>26781171
Monday. I'm either gonna make it or not, no half measures.

>fml
I could have made $17,000 but missed the shot (T-T)

>>26773904
It’s fine OP, we’ll get em next time

>>26773904
U got greedy, today's morning was the time to sell at 300, some autists say will get to 1000 but i think they are a) making anons bump their shit to sell later b) epik meme retards.

>>26782108
No, its to dunk on a retarded hedge fund

>>26782108
The short squeeze literally hasn't even begun. All the action we're seeing this week is a long-buying rally.

I've tried the whole gambling thing before, wasn't really my thing. I'd much rather just hodl and forget. Will still hopefully make enough to retire in a year or two.

>>26777122
>Do you have a decent job?
I make 60k and so does my wife so I would say average salary for the mid west. I just contribute 13% plus their 5% match.

> I just invested heavily in ETFs and put everything I didn't need to survive back into my portfolio.

Is there any particular ETF’s you recommend? I have about $50-$75 extra a month to play with for additional investing that I am hoping could add up over time.

I wanted to drop 1 grand on GME back when it was 50 dollars, but never got into boomerstocks because lolfiat. By the time Robinhood approved my account it was at 140.

>>26778348
This

>>26774621
Based

>>26773904
Don’t miss out on NOK idiot

>>26773904
If you had balls you'd short GME
Fuck reddit

>>26773904
Pretend you have a life expectancy of 30.
That helps.

>>26773904

Dont beat yourself mate, I risked everything (including loans) and lost it all.