[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ]
2022-11: Warosu is now out of maintenance.
2023-08: Search exclusion terms should be working again.
2023-08: Some posts were not showing up due to incorrect caching responses. This is now fixed.

/biz/ - Business & Finance

View post   

File: 52 KB, 546x550, 3c58da80d8f8969ee4e3226ad1950cb34a28a03009aa3eaa5495334d7522ec90.jpg [View same] [iqdb] [saucenao] [google]
28137207 No.28137207 [Reply] [Original]

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

>> No.28137296

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

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

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

>> No.28137671

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

>> No.28137695

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

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

>> No.28137807

I already did that 2 months ago. Comfy as fuck

>> No.28137831


>> No.28137898

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
File: 2.73 MB, 400x300, alexandrios genes.gif [View same] [iqdb] [saucenao] [google]

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

buy XRP

>> No.28138165

Too volatile

>> No.28138167

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

>> No.28138589

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
File: 42 KB, 646x595, 1596853004886.jpg [View same] [iqdb] [saucenao] [google]

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

>> No.28138881

Go back to bed, grandpa

>> No.28138904

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


>> No.28139035

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

I'm screencapping this, thanks anon

>> No.28140194

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


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



>> No.28141469

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

>> No.28141492

I can't because I put 100% in

>> No.28141512

you should but maybe get some stocks too

>> No.28141564
File: 65 KB, 1200x514, D8951525-E721-484A-BD8A-9365BEABFB8C.jpg [View same] [iqdb] [saucenao] [google]

>stonks destined to implode
>50% in that

>> No.28141592

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

>> No.28141687

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
File: 259 KB, 1200x747, AugustRates-2.jpg [View same] [iqdb] [saucenao] [google]

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

>> No.28141947

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

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

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

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


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

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

>> No.28142778

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

>> No.28142789

>implying crypto isn’t

>> No.28142915

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

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

>> No.28142952

It's not being pumped by wall street bets.

>> No.28143163

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

>> No.28143194

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

>> No.28143294

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

>> No.28143385

look at charts, read news, read articles on fundamentals

>> No.28143923
File: 117 KB, 1051x891, 1610537810946.jpg [View same] [iqdb] [saucenao] [google]

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

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

>> No.28144900

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
File: 162 KB, 1960x538, Screen Shot 2021-02-09 at 00.27.22.png [View same] [iqdb] [saucenao] [google]


>> 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
File: 95 KB, 524x512, 1555133465334.jpg [View same] [iqdb] [saucenao] [google]

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

>> No.28145159

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

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

>> No.28145493

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
File: 49 KB, 357x386, A1475A74-AA78-4908-AB36-F2FA9F9EDE86.jpg [View same] [iqdb] [saucenao] [google]

A gots me dat chaainLANK

>> No.28146003

You are retarded