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28322683 No.28322683 [Reply] [Original]

What are some protips for a starter investor? things you wished you knew before starting? should I go with crypto or stocks?

>> No.28322893

Diversify your portfolio, dont all in (or at least not until you're more experienced...but you never should)

>> No.28322949

>>28322683
This took me three years to realize, you should ideally buy at a low price and sell at a high price.

>> No.28323325

>>28322949
but that doesn't make any sense

>> No.28323773

>>28322893
The one exception is if you're under 2k, then allinning is the only way to /makeit/

also DYOR. Investing is zero sum and most people want your money

>> No.28324118

>>28322683
There's nothing wrong with profit taking and swinging when things get volatile, but only do it with an asset that you don't mind holding long term anyway.

>> No.28324511

>>28323773
>dyor
>starter investor
how can you research something you'll never understand? crypto is too complicated

>> No.28325031

Buy what /biz/ tells you too, can't go wrong

>> No.28325099

>>28322683
visit /biz/ everyday for helpful tips and pointers!

>> No.28325161

>>28322949
I agree

>> No.28325216
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28325216

>>28325099
Checked, this right here is all the advice you need

>> No.28325248

>>28324511
youre not going to get anywhere very fast. If you actually want to understand, go read the bitcoin whitepaper, and if there's something you don't understand look it up and find out what it is, then read the ethereum whitepaper and do the same thing, come back when you're done

>> No.28325318
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28325318

>>28323773
I'm finding the info i'm researching a tad overwhelming right now, especially about crypto. i don't think i'll really understand until i get into the meat of things and try it.
seeing all the terms and the exchange charts makes me feel like a retard.

>> No.28325512

>>28322683
Have a plan and stick to it. If you wanna all in, then do it but don't fomo. I lost nearly 1k on transaction fees alone fomoing this year. If I actually just held my portfolio would be up 20% more than it is now.

I unironically think PLTR is going to hit 75 EOY but recently caught the crypto bug. Seeing 25% gains on my portfolio EVERY day made it hard not to pull out of stocks and all in on crypto but I need to hedge my bets.

>> No.28326231

>>28325318
>pic
>say no to discrimination. we are all the same.
niggers don't have the same iq as me, so no, we are not all the same.

>> No.28327784

>>28322949
Seconded

>> No.28328041

>>28322949
which means your late on BTC and the big boys. Go find small caps to try to hit home runs on.

You can either go with meme'd coins like RBC which are going to go up simply due to memes and hype, or actual projects which start small and grow. DYOR.

These are home run swings and dont always pan out. High risk/High reward. There are 100x's out there right now below a penny.

>> No.28328121

go all in on a good project and be patient

>> No.28328265
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28328265

>>28322683
invest in coins that go up and don't invest in coins that go down.