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/biz/ - Business & Finance

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17999838 No.17999838 [Reply] [Original]

I bought the crypto dip. I placed 100 USD in BTC, 100USD in Link, 100USD in ETH and 100 USD in LTC. This is all birthday money that I got from friends and family and I thought why not try this crypto thing.
Will I be able to afford a motorcycle at the end of the year?

>> No.17999850

>>17999838
Go all in link. No reason to diversify in coins which will do a x2 in the best case.

>> No.17999855

>>17999838
The market is hella unpredictable with everything going on right now but without any further massive black swans I'm pretty sure you'll be able to get a motorcycle with that, yeah.

>> No.17999861

>>17999838
Unironically digging you own tomb.

>> No.17999867
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17999867

>>17999838
>he thinks that was the bottom

>> No.17999882
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17999882

>>17999850
this

>> No.17999914
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17999914

>>17999838
Probably.

Enjoy your motorbike friend, listen to my advice well.
Don't buy shitcoins shilled by /biz/ that are less then 25# marketcap. imo just stick to btc but the alts you bought are ok.
Don't trade on margin period. You have your plan already, if you have enough at the eoy to buy a motor bike, cash out and buy one.
don't check the charts more then once a week, trading addiction is a very real thing and unless your willing to put in the time and effort to learn trading as a skill (keep in mind only like 3% of people who attempt to trade end up profitable in 6 months) then it's just a waste of time and will cause you mental anguish.

Don't put in more money then you can lose.

and also do the opposite of what /biz/ tells you.