/biz/ - Business & Finance

No, you will never make it with $50 (it's $50 not 50$). Save like 200 bucks and then trade futures on Binance. You will need to get greedy for that low capital, don't listen to other advice.

You’re either going to spend it on that or on some useless media consumption so you might as well. I wouldn’t buy inflated bags, I’d just gamble for the sake of the gamble and maybe you win maybe you don’t.

>>50824899 man I sure hope this is bait otherwise it's too sad.

No we're in a recession right now, terrible time to buy in. and your gains would be so small you would be infinitely better off just spending your 50$ on material goods.

>>50824929
This

You really cant spare more than 600 bucks a year? If you can't get a better job you need to stop eating at restaurants, cancel your goyflix and other subscriptions, eat rice and beans.

>>50824987
The minimun wage in my country converted into US dollars is exactly 235$ monthly, i myself make around 400$ a month
This shit is depressing

>>50824899
I started with 2000 bucks in 2017 and now have 800k. Start with what you can anon, the important part is to make it a habit and learn.

>>50825074
Holy 3rd world. I hope you make it.

>>50824899
invest in a low cap token that has a high chance to moon. Low to mid tokens. DYOR, go to discords, twitter, and maybe post about them here to get as much info on them as possible.

>>50824899
$50 is about 2oz of silver each month. It's by far your best bet. And you'll see your stack grow little by little which is peak motivational and comfy.

>>50824899
There is no way you cannot just get a second job and invest all that second job wages. That's 3000 dollars right there... per week.

>>50824929
What is SHIB?

>>50825294
>invest in a low cap token that has a high chance to moon


You are right. Personally, I deal with a few low-caps; Xpress, that have plans to build a metaverse base bank, and Ren, also working on their L1 chain. Theproducts underway could be of help to the price if launched. NFA. My major bucks are in large caps, including the king of alts, ETH.

>>50826051
Who still have this in PF?

>>50825074
Good luck anon. Just curious what country is it? Ever thought of moving to a better place?

>>50824899
stick to btc and eth and yeah, I started dca'ing with $75 a month, have 2 eth and 0.5 btc now. Two things happened: I got a bit better salary along the way but most importantly dca made me frugal as fuck and I look at it as saving which I never did before.

>>50824899
You need to take out as many credit cards as possible and debt max. NFA!

>>50826338
Brazil anon, out of all shitholes I could've been born, it was God damn Brazil.
And as if beeing poor is not enough, you can get shanked here over less than a dollar

>>50824899
It's a good investment, but you can't do many coins with $50


>>50825294
>invest in a low cap token
low caps like One and Hero are good options with the $50 desu, there's a lot going on in the sylo ecosystem rn, might be worth looking into as well.

>>50824899
gamble shitcoins hold btc, is that simple
don't fall for midwit traps like eth and matic
currently 90% btc 10% d0b0

it's a good investment as long as you're buying the right crypto, if it were me i would be buying matic every single month because the biggest companies and the top crypto projects in the world are choosing to work with polygon, but at the end that's just me so idk about u

>>50824899
It depends on what you're investing in chad. You could explore crypto passive income opportunities and start your earning journey.

>>50824899
look it's better than nothing, but, no, it's not good. you need to reduce your spending habits to save/invest money effectively.

>>50824899
layer in $25 every two weeks DCAing and layer out pieces into stable coin when its higher, ignore the trader fags on here

>>50829698
if that were smart he'd just do it with SPY and get 8% CAGR guaranteed. probably higher.
>>50824899
pic related, OP. and remember that 1) SPY would also pay a dividend so total return is likely higher and 2) SPY historically returns 11% CAGR, not 8%. i'm being conservative.

>>50829749
>3k in 10 years

>>50825418
not everywhere is tax free for silver, we pay VAT at the point of purchase so you are already underwater. OP sounds like he is in a developing country

ANY grown man should have a 5 digit sum ASAP, with no investing necessary to build that.

>>50824899
Buy 1 share of GME DRS it and hold for MOASS.

>>50824899
$50 a month isn't bad, will buy UTK and then stake it on maiar dex if were you

>>50827348
>low caps
It is not all that will survive. Some are even dead, but among the many who will survive, some will make a remarkable comeback, especially those who areinnovating and building regardless of market conditions. I think payment solution will likely emerge in the next cycle.

>>50824899
>>50825074
We're in a crypto winter, now is the time to be buying. If $50 a month is all you can afford then that's better than nothing. Set up a bi-monthly DCA for $25. Anons will tell you that's not enough. Don't listen to them. You won't get rich off that but long term it'll still be a major leg up in life for you.

Just FYI if you had started buying $50 a month of bitcoin in 2018 to present day that $2400 would be worth about $9,000 right this second and it would have been worth about $15,000 at the November top. Think about how far that would go in your country. Just some food for thought.

>>50824899
You're doing it wrong. That's not the right way to cut your veins if you want to die.

>>50824955
LOL
>its a recession prices of everything are super low it's a terrible time to buy, wait until all the prices go up and buy goycattle consoomer items in the meantime

>>50824899
Spend the $50/month figuring out how to have more than $50/month

>>50824899
Buy one silver coin per month and spend the rest on BTC. Do that for a year and then make a better plan, like $100 a month instead.

>>50825074
um ok which probably means that everything is also cheaper so you should probably not look at it from a USD perspective unless you really want to import US goods.

>>50824899
Stack two silver bullions every month and you will be better than 90% of this board.

>>50831671
Based. I think passive income is the word. I for one would put the money in ORE for the long term cause the assets would keep adding value due to its deflationary supply.

>>50826534
Then pack your shit and go some place else.

Half of Europe is being flooded with sand niggers, who all get free money. And you are still sitting there with your thumb up your ass? Save up for a cheap ticket, sel ALL your shit and come to Europe for free money.

>>50824899
this is obvious bait, if you can only spare $50 you're a literal slave