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/biz/ - Business & Finance

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3740323 No.3740323 [Reply] [Original]

Okay so I told my Dad about my crypto adventures and my gainz and he just told me today that he's getting advice from some big investment group on what to invest in. Idk what advice they will give him but im STRESSING to him not to take their advice. LIterally his 18 yo son trying to tell him the first step into investing is to not take other people advice. This is the same guy that took advice from the meme himself Jim Cramer on penny stocks. Like holy shit, why is my dad a teacher but yet so foolish. anyways what kind of coin will they recommend? I figure something safe and steady like Monero or Litecoin. Am I wrong?

Also can I get a feels thread, my own father doesn't trust his own son. like dafuq.

>> No.3740340

Ripple for fast gains and win his trust, and go all in on NEO after that for long term

>> No.3740643

DGB

>> No.3740656

>>3740323
They'll probably tell him to go all in on Elixir. Just let it happen.

>> No.3740657

>>3740323
Kek. Why not just show him your gains to get his confidence? And then show him all the incorrect predictions hedge funds have made about crypto.

>> No.3740668

I wouldn't let my 18 year old son dictate financial advice either, and even if I took it as far as investing in a specific coin he recommended I wouldn't admit it immediately and wait for the results.

Your dad is your dad anon and you're still just a kid.

>> No.3740786

>>3740668
Ya im just a know-nothing kid.

>> No.3741353

>>3740323
There is a chance that he understands it better what he's doing than you do. Mind your own business man and stay out of his

>> No.3741562

Man they don't understand that cryptos and memecoins are basically safer and more volatile versions of penny stocks.

I did pennies for years and once I hopped into crypto, while a completely different game, after learning the ropes I was consistently making 2x at least twice a week. My best gains in pennies was 26%.

>> No.3741574

>>3740786
You are though

>> No.3741586
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3741586

>>3740323
My dad told me that his hedge fund is building a crypto mining facility somewhere and he was like "wtf is a bitcoin?" But after speaking with me he still didn't understand baka... point being is that, if your fund is managed well you don't really need to know wtf a bitcoin is. You just need to trust that your fund has its shit together. I'd rather know what a bitcoin is :)

>> No.3741829

>>3740668
This is the definition of middle class

>> No.3741846

He's gonna buy usdt.

>> No.3742045
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3742045

>>3741562
>>consistently making 2x at least twice a week.

> start with $1 on Jan 1.
> make 2x twice a week.

> have $20,282,409,603,651,670,000,000,000,000,000 on December 31.

>> No.3742238

>>3741829
Sadly, this.

>> No.3742360

>>3742045
you jelly? lol