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/biz/ - Business & Finance

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16134761 No.16134761 [Reply] [Original]

The more I look into putting money into the stocks the more I am turned off to it. At first I was going to put 10k and now I'm looking at 4k. The only place im looking to put money into is Oncolytics Biotech Inc. (ONCY) where else should I look into? Starting to feel like I should just buy silver with the 4k. I need that high IQ Anon /biz/ advice

>> No.16134776

>>16134761
What's the rest of your portfolio like?

>> No.16134989

>>16134776
Invested 2500 2 years ago its up to 3200 now. I got that in account spread out in US stocks foreign stocks, bonds, and a couple fortune 500 companies. Just trying to set up this 2nd account. Something more mid term

>> No.16135044

>>16134989
that's pathetic...
.21% ROI after 2 fucking years? You can make like 40%+ within a week with one accurate swingtrade by margin trading with 10-25x leverage (prob 25x).

Just buy btc, man. Fuck. Maybe wait until it goes to 8800. I recommend watching crypto zombie.

If you dont want to margin trade because of the risk, hodling btc is the next best thing.

Next halving is may 2, 2020. Btc has always pumped with halvings (which occur every 4 years). Every halving will start to make the pumps be less powerful fyi

>> No.16135048

>>16135044
*21%
ignore the decimal I put

>> No.16135135

>>16135044
I know the basics about BTC but I know nothing about halving or whatever crypto zombie is. I got the money like i was saying was gonna throw in 10k but now im thinking about 4k but i just dont know where to put it. Thats why im being a bitch right now and thinking silver

>> No.16135162

>>16135135
no. Fuck stocks. Just go in btc. Crypto zombie is a youtuber that I like. I recommend just watching a few of his vids at least so you can get a better understanding on crypto. Mostly btc

>> No.16135246

>>16135162
Ill look into it, when I first heard of btc it was 10 bucks a pop but I was in high school and had no money and i wasn't gonna convince my parents to buy magic online currency. A few years later it hit its peaked and I knew I should have been rich guy. If the BTC thing doesn't work out now gonna buy 10 grand worth of silver and pray the USD is worth jack shit asap

>> No.16136085
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16136085

Stock pajeet BEGONE!

>> No.16136138

>>16134761
If you want to make bank, you have to be able to predict what the market will do as a whole. There is a way, but it's not frequently discussed despite being very simple. If you don't have any insider knowledge on your bio stock, it's a gamble. The best thing is to save, put half into index funds, do something similar for a Roth IRA, dollar cost average over time, and forget about it until you need the money. Learning TA can help, but meme lines are still memes and only help in certain market conditions. It takes a great deal of effort to understand the macro environment. Yes, you can 10x on the next AMD, or you can lose half on Valeant or Teva. That's why index funds are the bred and butter of investing for the everyday wagie.

>> No.16136541

>>16136138
What index funds do you recommend? How much do you recommend putting in considering how high the stock market is?