#Do you invest in the stock market?

1 messages · Page 1 of 1 (latest)

pale windBOT
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past grove
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no, but i invest in loans

peak valley
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a little but it sucks

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but ig it’s the financially smart thing to do in some cases w investing long term in index funds and stuff

pliant zenith
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stocks are like gambling for smart people

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my uneducated take really_strong_green_guy

peak valley
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i mean you're not really wrong for the msot part

trim wigeon
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i don’t like risk

dry timber
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depends what is stock?

peak valley
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a stock is when you give a company some money, and in return they give you a very small fraction of ownership of it called a "share"

dry timber
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nah ik what it means lol i was joking but thanks

proud epoch
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i just want money

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what even is the stock market

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im not smart enough for this

trim wigeon
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gamestop

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i only play the stalk market

proud epoch
exotic kettle
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FINALLY A POLL I'M SO INVESTED IN (get it?)

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yes i trade/invest in cryptocurrency

proud epoch
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is it going well

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i wanna learn how to do it

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aaaaa

exotic kettle
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I'm a noob still but I'd say I didn't lose anything yet so it's going well xD

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the market now is super high, so I'm just waiting for things to go low again so I invest more

past grove
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it's really cool to have multiple streams of income

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even something like a passive income

exotic kettle
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true!

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i want to make trading a stable income eventually, so I'm just learning

narrow rivet
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Money pog

dreamy ravine
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You can try to do it manually but that's a lot of risk and stuff to keep up with

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But if you go that route (robo advisor) you tend to aim for long term profits for little risk

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Whereas if you look somewhere like r/wallstreetbets, they go for high-risk but high short-term gain

proud epoch
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oooooooohhh

narrow rivet
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poot you should charge for this

dreamy ravine
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I've worked at two fintech investment related companies 😭 please save me

proud epoch
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wow

past grove
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fintech is so boring to me 😭

dreamy ravine
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it really is trust me lmfao

past grove
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i know first hand penfist

peak valley
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you have to be really careful where you go to learn about this stuff tho, ur gonna find a lot of fluff and people seeming like they know what they're talking about but really just talkin outta their ass

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wallstreetbets be sus sometimes lmao

dreamy ravine
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Also true

narrow rivet
peak valley
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poot is the most reliable MEGALUL

dreamy ravine
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wallstreetbets be sus all the time

peak valley
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true

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you know whats fucking disturbing

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how cultish the dogecoin subreddit is

dreamy ravine
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I did make like $500 on GME though so thanks wsb

peak valley
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ayeeee

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nice

narrow rivet
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oh

peak valley
dreamy ravine
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lmfaooo

peak valley
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oh damn

proud epoch
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:O

peak valley
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when did you sell

dreamy ravine
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I think I made like $50 or sumn

narrow rivet
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i still cant find out how to by as the ungins call it cryptocurrency

peak valley
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crypto is a straight scam tbh imo

proud epoch
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one of my friends sold his flat to invest in bitcoin 😭

past grove
narrow rivet
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it does seem like something one could easily scam someone out of

peak valley
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rip to them the last 4 months

narrow rivet
proud epoch
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idk hows it going we dont really talk

peak valley
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its like dropped in value by half

proud epoch
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uh

peak valley
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over the last few months

narrow rivet
dreamy ravine
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RIP

peak valley
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but its gross how ppl like elon and others try to manipulate markets and stuff

dreamy ravine
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you know i swear that i liked like 0.1 bitcoins like years and years ago

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idk where tf it was though

peak valley
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rip

narrow rivet
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can we dub poot as big money

dreamy ravine
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Lmfao

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I wish

narrow rivet
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pardon me big money

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what percent of the bitcoin company do you own

trim wigeon
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will the apps also give me the money to start run run

peak valley
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some apps give u like 5 dollars when u sign up

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think acorns did that

proud epoch
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:O

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just give me money

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im so bad at money

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consumerism is consuming me up too

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help

trim wigeon
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invest free 5 dollars
immediately cash out
profit

proud epoch
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LMAO

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TRUE

feral fossil
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ive got some ETH, BTC, DOGE, some other weird altcoins, some AMD, SNDR, and some roblox stock lmao. If i cashed out on all of them right now I'd make like $600 profit but im HODL

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Getting rich on roblox

image0.png
narrow rivet
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Can we set up nicocoin

proud epoch
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nicoin

trim wigeon
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n icotine

exotic kettle
exotic kettle
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the crypto market isn't a scam once you understand it and put aside your fomo and panic, it's important to have a strategy beforehand and practice it in fake/paper trading first

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that's in case you want to trade, and not invest, investing is putting money in and leaving it for 5-10 years

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trading is finding uptrends and downtrends and profiting from them

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i do both

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the market this week has been going up and paying well for those that invested low, and the most important thing to understand about it is, whatever goes up crashes down, and whatever is down will go up again

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it's all about patience, and then of course there's the technical analysis aspect of it that helps you understand where the market sentiment is heading, and reading the mood of the people and what they say online, because it is more or less about trends and aaallll about news

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crypto itself is futuristic, the people that deal it are just stupid

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and even if bitcoin is swinging between 30k to 40k, or 40k to 60k, there's always a swing that you can profit from, it never goes straight line up or straight line down, and how much it costs is not important if you just know what position you want to buy at and when to sell, because you'll make profits by being smart

feral fossil
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Dollar cost averaging has been the move with btc

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Just get $20 worth every week

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Will help lessen the blow of bigger dips and make the peaks better

exotic kettle
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basically, i also put between 10-20 dollars in small alt coins and leave them a while til they grow, and either collect or hold for the future

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i earned about $5 on BitTorrent coin

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it's a nice coin

peak valley
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cryptocurrency just sucks even more than stocks bc it’s literally a mechanism that’s intentionally made to be maximally inefficient and pollutive and destructive to the environment

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annually, bitcoin produces a carbon footprint comparable to the entire region of Israel/Palestine

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along with power consumption comparable to that of the entire country of ukraine

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and e-waste generation comparable to the entire country of luxembourg

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Just insane numbers

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that aren’t necessary at all—they were intentionally made that way

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on top of the fact that cryptocurrencies are much more susceptible to manipulation by billionaires and the like and are not nearly as regulated as regular stocks

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so it’s easy af for billionaires and millionaires to take advantage to make themselves more rich

narrow rivet
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Yeah it sucks alot

proud epoch
radiant stream
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Crypto sux