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28137207 No.28137207 [Reply] [Original]

convince me why I shouldn't put 90% of my savings in crypto

>> No.28137296

>>28137207
>28137207
No, unironically, do it. You have already a lots of IOTA, right?

>> No.28137355

why would you not want your money to grow lol?

>> No.28137539

>>28137207
Atleast %50 in stocks
LINK for crypto
Stocks domestic materials hardware and medical

>> No.28137605

If you're a poor fag you need to pay your bills keep operating cash and dump the rest into BTC and forget you own any. Then go look in 10 years.

>> No.28137622

>>28137539
> 50% in stocks
stay poor
>>28137207
Put 100% instead of 90%

>> No.28137671

>>28137207
you're only doing this now?
only 90%?

>> No.28137695

>>28137207
Because it's going to crash soon, along with technology stocks (+ Tesla).

>> No.28137728

a month too late

>> No.28137766

its the peak of a bullrun dont lol

>> No.28137802

>>28137539
>stonks
the growth potential just isn't there. Crypto is the new asset class that everyone should be jumping on.
>LINK
it's fine but OP is dumb if he doesn't buy at least SOME Bitcoin.

>> No.28137807

>>28137207
I already did that 2 months ago. Comfy as fuck

>> No.28137831

>>28137207
Taxes

>> No.28137898

>>28137207
I have 90% of my savings in crypto, just dont go over 25% on a single coin and don't put it all on PnD shills, good luck.

>> No.28137946
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28137946

I've put 8k in crypto.
I still have 25k liquid in the bank. No matter how much FOMO you're feeling, remember whatever you invest should be money you can live without. Basically if all the money I put in crypto somehow goes to $0 (e.g. losing your wallet, or Coinbase fucks you) and I lose my job at the same time, I still have enough money in savings to survive for a year.

>> No.28138067

>>28137207
buy XRP

>> No.28138167

>>28137207
Something something risk? Nah wait you don’t wanna hear any advice

>> No.28138165

>>28137207
Too volatile

>> No.28138589

>>28137898
I have 95% of NW in crypto and 90% of it in a single coin.

>> No.28138711

Crypto is volatile as fuck, always invest money you don't really need is the golden rule.

>> No.28138719
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28138719

>>28137207
i put 10% of my savings in crypto a while ago and now it's my entire networth

>> No.28138881

>>28137695
Go back to bed, grandpa

>> No.28138904

>>28137766
>>28137728
This and this. If you do it now you will be even more paranoid about checking your portfolio every few hours and picking when to sell.

Have less than half in and try to make some money off this run, but once it dumps 60-70% put in 90% into bluechips like BTC, DOT, ADA, AAVE, ATOM and check periodically only to buy the dips.

>> No.28138965

>>28137946
Based

>> No.28139035

>>28137695
Yep. Anyone that thinks this shit is sustainable needs to get their head checked. Wait for the dump and then buy the dip for the next ride.

>> No.28139063

>>28138904
I'm screencapping this, thanks anon

>> No.28140194

>>28138904
awful advice

>> No.28141255

My crypto and savings are both in the 6 figures, I feel its good to be safe, if one fails I have the other.

>> No.28141369

>>28137207

Silver and silver miners like Bayhorse Silver have a real chance to go 100x when the COMEX breaks and are objectively undervalued investments

>> No.28141438

>>28138881

hahahaha HAHAHAHA IMAGINE SHORTING BITCOIN HAHAHA FUCKING OLDFAG BOOMERS

>> No.28141469

>>28137207
One whale dump and it will take you years to make it back.

>> No.28141492

>>28137207
I can't because I put 100% in

>> No.28141512

>>28137207
you should but maybe get some stocks too

>> No.28141564
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28141564

>>28137539
>stonks destined to implode
>50% in that

>> No.28141592

>>28139035
What's more likely? Tesla buying 1.5b of Bitcoin at the peak of the cycle or you being a fucking retard?

>> No.28141687

>>28137207
That’s exactly what I did

Fuck stocks and their boomer returns. Besides the stock market is at an all time high. Maybe it goes up a little bit more from here, but I’ll bet it’s coming down sooner than later

>> No.28141748
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28141748

Convince me not to put 50% of my crypto on blockfi

>> No.28141947

>>28137207
probably a good move, but the time to do this was 2018-2020 bro. im not trying to make you feel like you missed the boat, but there's a lot more downside right now

>> No.28141995

>>28137207
Depends on how much you have, how much do you have? Then I'll answer, I'm a super genius who has unironically made 2 million from 10k in a year.

>> No.28142104

>>28141592
exactly anon, the bullrun is just getting started. In fact, this is about to be a rodeo that we have been waiting for since 2011.

>> No.28142317

>>28141748
crypto dot com has better rates, more capital backing it, a crypto debit card, is FDIC insured, and has a much larger selection of coins

>> No.28142532

>>28137207

You should, but don't ape in all at once and maybe not 90% more like 75%. Keep emergency cash fund to the buy the dip and for emergencies.

>I'm not a financial advisor

>> No.28142720

>>28137207
Last summer I put $8k in crypto, $8k in stocks. Now I have $50k in crypto and $15k in stocks

>> No.28142778

>>28141592
>>28142104
Tesla bought in MONTHS ago you idiots. Fucksake, this board.

>> No.28142789

>>28141564
>implying crypto isn’t

>> No.28142915

>>28137207
Fag half of us here only have savings because of crypto lol, I'm 100% in. Just ape in now while we are at the start of a bullmarket. Just be prepared to hold bags for years worst case.

T. Aped in and maxxed out CC in Aug 2017 on crypto, best decision. (However doing that in Jan 2018 would have been retarded)

>> No.28142934

>>28137207
Are you single? If not single put half in. I did 90%, told my wife. She’s excited.

>> No.28142952

>>28137207
It's not being pumped by wall street bets.

>> No.28143163

>>28137207
It's better to have your money doing nothing in a bank account than to buy at ATH with a crash coming.

>> No.28143194

>>28141438
how do you short crypto hello? you can't borrow it, once the transaction is made it's made

>> No.28143294

>>28137207
That's literally what we've been suggesting for years. You supposed to buy in before Elon idiot.

>> No.28143385

https://casebitcoin.com/
look at charts, read news, read articles on fundamentals

>> No.28143923
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28143923

>>28137946
good self control, I don't have it.
I start doing the wildly hopeful percentages in my head and feel that I need to maximise my GUARANTEED gains this very instant. I'm not all-in on crypto though, mostly stocks. I'm not sure even I could go unironically all-in on funny internet money like some brave anons.

>> No.28144772

>>28137296
What about Bao? Is that a biz meme or legit got some weight to it

>> No.28144900

>>28137207
maybe you should. I've already put in 60k in the past 3 days. doing pretty good. kinda like saying fuck the traditional market. made more in those 3 days that months of reducing interest and my current "real world" investments since they shit the bed during covid. plus it's 24/7 which I like. and some faggot isn't taking a cut off the top.

>> No.28144956
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28144956

>>28137207

>> No.28145019

i put 70% of my net worth in one DeFi coin in the past few days so don't look at me

>> No.28145128
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28145128

sheeeit mane where can I gits me summa dem bitcoin stocks yafeelme

>> No.28145159

>>28137802
what is “some”?

>> No.28145193

I have most of my money in a safe portfolio, i put my extra earnings now in crypto, feels good, its easy to have trigger fingers though and put all your money down. Its up to you desu.

>> No.28145319

>>28137207
This is shit is gonna dump again this year and you're going to hate yourself for buying at the top

>> No.28145493

>>28137207
It's risky, and if you lose most of it you'll become suicidal. At least I'd wait for a major dump.
Why not start with 10%? And then, next year, if you're still in the green and know more about the trends, then maybe you can put more.

>> No.28145854
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28145854

>>28145128
A gots me dat chaainLANK

>> No.28146003

>>28141369
You are retarded