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/biz/ - Business & Finance

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51071036 No.51071036 [Reply] [Original]

If I'm a poorfag with a low salary and high expenses, is it still worth putting pennies aside for investing? I am financially illiterate and never looked into proper budgeting. My gut tells me to save up all I can until my circumstances ameliorate but the fuck do I know. Also, any resources on the matter are welcome, I've seen there's a lot of meme books out there so I'd rather be cautious.

>> No.51071057
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51071057

>>51071036
>My gut tells me to save up all I
no, the moment you have a paycheck you need to put a part of it in Bitcoin. that's what I did for 3 years. I had $10k, was "saving" then was like wtf I need to invest. dumped my 10k into bitcoin and for 3 more years I also bought. (and made mistakes on shitcoins) I hit $500k and live comfy now. 5 years ago I had $10k. I didn't work the past year and will not work another year. life is good. im going on holidays again. I live in europe so $500k is a lot. my folio dropped quite some though. but I'm still free and doing good. I got 10k Euros left, I keep buying more bitcoin. every 2 weeks. I buy.

>> No.51071067

>>51071036
Yes, I started out with 200 eu each month