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/biz/ - Business & Finance


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13965365 No.13965365 [Reply] [Original]

I'm 19 and I got $8k in the bank
I've been waiting for a crisis because its the best time to start investing
Dow has been going nothing but down for a month now
Is this it? Will there be a crisis?

>> No.13965392

>>13965365
No one knows.
Literally no one. Everyone expects a crash, no one knows what will trigger it or when.

Your best bet is to dollar cost average (I buy once a month on the 10th) , or, if you want to do at least some speculating, then divide your money up and buy on down/red weeks.
That's the best a retail investor can do

>> No.13965404

>>13965365
This is not even close to being a crisis yet. You will know when it's a crisis when faggots jump out of windows on wallstreet.

>> No.13965411 [DELETED] 

wait for european bank crisis, DB is about to collapse

>> No.13965414

>>13965365
The "crisis" will be "avoided" by negative "interest rates"

>> No.13965415

I wouldn't be buying anything for a while anon. I am in a similar situation with fiat ready to go but I think we need to go a lot lower before buying in. This could be a huge recession. I am in the euro zone and worried about the whole thing collapsing and losing my savings.

>> No.13965459

wtf just buy bitcoin you dipshit

>> No.13965473

>>13965365
trade war china-usa will trigger a downturn. combine that with a more then likely deutsche bank buy out when to go under (again) and you have a world wide financial crisis (again).

>> No.13965480

>>13965415
smart anon. dont invest just yet.

>> No.13965494

>>13965365
>>13965415
Just buy, dummies.
Ideally buy every month.
If you are younglings you will thank yourselves in 20+ years.
But buy div stocks also

>> No.13965510

>>13965365
>19 investing like a retarded boomer
RSR, look it up nigger

>> No.13965627

>>13965365
Potentially, but very unlikely. When actual crisis hit, they don't give retail investors time to cash out, you lose 25+% with opening bell and nothing to do but wonder if you should sell or HODL.

>> No.13965644
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13965644

>you lose 25+% with opening bell

that doesnt sound so bad

>> No.13965666

>>13965365
Zoom out, this is just the start

>> No.13965790

>trust fund zoomers actually think they have money
Lol you’ll be killed soon

>> No.13965829

>>13965644
Yeah but with crypto at least you have the chance to sell 24 hours per day, where as you can do nothing but watch your stock portfolio die. It also stings more when it's your 401K that you've built up for however many years if not decades.

>> No.13965844

>>13965666
Based trips

Its all going down

>> No.13965845
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13965845

The market has literally been going sideways for over a year, its anyones guess as to what will happen at this point

>> No.13965848
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13965848

>>13965829

>> No.13965859
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13965859

>>13965844
Dubs confirm

>> No.13965983

>>13965459
>BUY BITCOIN ME BUY BITCOIN ME SMART YOU NO BITCOIN YOU STUPID HAHAhA
You do realize the bitcoin will also fall HARD if there is ever a recession ?
You know why ? Because people will be fucking fighting for bare survival, and nobody will care about a decentralized currency in a time like that. Even more, if a lot of people become desperate and they will, they will simply sell bitcoin at any price, making the price drop to shit. A recession is great for buying stocks,real estate, and any asset at all, and you are telling us to buy bitcoin now ?
Kill yourself

>> No.13966006

>>13965983
right back at you boomer, go cut your dick off and eat it

>> No.13966007

>>13965983
nobody was fighting for survival in the crisis of 2008 stfu Bitcoin is a solid investment a STORE OF VALUE

>> No.13966030 [DELETED] 

>>13965983
because alot of people have bitcoin.
people are going to flee the markets to gold and digital gold

>> No.13966065

>>13965983
In a recession kikes always fuck normies in the ass one way or other, with bitcoin they cant

Thats why bitcoin will be 100k EOY

>> No.13966092

>>13966007
>nobody was fighting for survival in the crisis of 2008
Kek

>> No.13966106

>>13966006
Great argument there brainlet

>> No.13966173

Gold is probably the least risky investment option. If economy goes down, gold goes up as a hedge. If economy goes up, then inflation bleeds over into gold.

Bitcoin is good choice as well. However, it does have a marketing problem right now. It does mean that Btc has a lot of potential to grow.

>> No.13966234
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13966234

I'm 19yo too, but I'm all in LINK. Got 21k of those stinkies. Why aren't you in LINK? $8k in stocks will give you fuck all over the next 5 years. Are you new to biz and chainlink? Seriously do yourself a favor and start learning about Chainlink asap, then start slowly buying in every month. The price will probably go down to $0.9, but I wouldn't be betting on that. Seriously dude youre young you can take risks. Don't fuck this up.

>> No.13966287

>>13965415
>I am in the euro zone and worried about the whole thing collapsing and losing my savings.
Same here, how do you protect yourself? I am scared of holding euro

>> No.13966308

>>13965365
just buy chainlink

>> No.13966347

>>13965414
"negative interest rates" that'll fix everything. In the land where it rains up, the sun is dark, government officials care about the people and indians shit in toilets.

>> No.13966433

>>13965404
>when faggots jump out of windows on wallstreet
That never happened though.
It's a popular misconception that probably spread because people like the idea of evil 1% wallstreet people killing themselves.
Factually, there is no significant increase in suicides on Wallstreet on crisis days.

>> No.13966488

>>13965392
The rare good advice on biz

>> No.13966550

>>13966433
>Factually, there is no significant increase in suicides on Wallstreet on crisis days.
That's because Wall Street has never experienced a financial crisis the magnitude of what's coming.

>> No.13967360

>>13965392
dollar cost average at all time highs, the biz way

>> No.13967379

>>13965983
when a recession hits confidence is lost in the us economy and the dollar and people fomo into precious metals and crypto

>> No.13967832

>>13965392
this is the best advice anyone has ever given me

>> No.13967871

>>13966433
they jumped 1929, read it up

>> No.13967907

>>13966065
I will cut off my dick and eat it live on stream if BTC is over 100k by Jan 1st 2020
my gab handle is @TheRealJSK screencap this post

>> No.13967930

>>13966234
>you can take risks
>don't fuck this up

>> No.13967934

>>13965494
>Muh market will never stop rising over time because infinite money

>> No.13967957
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13967957

>>13965365
Don't listen to the boomers trying to get you to buy their stock ATH bags. Buy a bitcoin and hold onto it.

Like right now, stop what you're doing and go look at the 5 year chart for bitcoin. You have two options right now:
>Buy boomer bags at the top of the market that MIGHT last another few years and then they all dump on YOU to get cheap stonks later
>Buy a bitcoin at the start of the next bull run (which is already happening as you read this) and sell to the same boomers who disregard all tech as a bubble.

Your choice

>> No.13967987

>>13966287
gold man, gold
exchange rates for everything and prices of gold can go anywhere but in terms of purchasing power gold is almost not moving at all

>> No.13967993

>>13967907
>A nigger on instagram giving investment advice and posting his handle on a zimbabwe pirating forum

I refuse to believe someone can actually be this stupid though so this must be bait
Yes OP listen to this genius

>> No.13968009

>>13965983
"no"

The 2013 Greek debt crisis made BTC pump like crazy, and that was a small economic crisis. A global economic crisis will give us a 10 trillion market cap. That's why crypto is pumping ahead of schedule.

>> No.13968012

Stock bubble bursting is gods rebuke to boomers ruining the world. Bitcoin is the biggest redistrubution of wealth ever seen

>> No.13968020

>>13967907
>>Get's super rich
>>cuts off dick to celebrate new wealth

>> No.13968054

America has had an economic expansion since 2009, so it's coming up to the longest economic expansion since 1900 within a year.

So if you do buy stocks, keep in mind that they are historically expensive right now. That doesn't mean that they can't go up, but that the only time in history where equities were more expensive was in the year 2000.

We're already at 1929 levels btw.

Nobody knows the future. Trump could come out next week and take a giant big shit on a picture of China's President and the markets could tank, or a trade deal could be brokered.

For what it's worth, I'm in a leveraged short of the NASDAQ 100 with $120,000 worth. So I've made my bed in regards to where the market is headed. I hope I'm not wrong.

>> No.13968062

>>13967957
bitcoin will go up but not as much as niggers here say

>> No.13968076

>>13968062
Yea? And what do you speculate that on exactly? Even if you were right it's going to go up at a higher percentage than any boomer with a 401K will make in 5 years

>> No.13968077

>>13967993
I don't use instagram
Also I don't hide myself online y'all niggers can't do anything

>> No.13968085

>>13968012

I'd be careful, bitcoin only ever really had big price actions in tandem with the equities run up post 2010.

It's never been tested in a deflationary shitshow. I think people will want dollars. If it's an inflationary scenario, bitcoin will go up with gold.

>> No.13968104

>>13968076
ok ima put $1k of my $8k into bitcoin
happy?

>> No.13968123

>>13968104
I don't care what you do, in fact I would prefer that you don't put any money into bitcoin and watch the rocket leave without you for spreading misinformation

>> No.13968168

>>13968123
what misinformation have I been spreading? think u confusing IDs

>> No.13968192

>>13968168
>bitcoin will go up but not as much as niggers here say
>>13967907
>I will cut off my dick and eat it live on stream if BTC is over 100k by Jan 1st 2020
my gab handle is @TheRealJSK screencap this post

>> No.13968214

>>13968192
yeah and?

>> No.13968283

Put all that money into DWT

>> No.13968304

>>13968283
DWT is buy signal by JP morgan,Does anyone actually trade?

>> No.13968355

>>13968214
Yea, and you're making claims without knowing anything about what you're talking about. You know what I'm out. No wonder oldfags FUD instead of spoonfeeding information to people like you. I'll partake in it now, thanks for showing me the light.

Bitcoin will go straight to $3K don't buy.

>> No.13968376

>>13966234
I have a 10k stack but I'm a little nervous to keep dumping money into crypto.

>> No.13968384

I actually understand the stock market, just watch youtube and learn then make a position

>> No.13968815

Zoom out to 5Y, triple top is bearish as fuck.