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Investing (stocks, crypto, etc)

  1. #1
    no Yung Blood
    does anyone here invest? The forum desc. talks about investing, saving, finances, but most recent threads are about bills.

    Interested in anyone's long term investments (don't care about short term gambling)

    also inb4 aldra calls me a jedi for turning my money into more money
  2. #2
    no Yung Blood
    fwiw:

    Crypto / reasoning:
    * XMR / accidentally invested in XMR by overestimating my appetite for dark market shopping 🤷‍♀️, figure I may as well hold onto it now
    * ETH / NFTs are stupid but the idea of their blockchain as a proof-of-ownership platform seems good enough to entrench themselves, figure it'll reach at least 10k/eth in the next few years if not more
    * LTC / I dunno, just diversifying a bit. Seems stable enough and the whole Bitcoin-style max coin thing makes me think it still has a way ahead

    fuck doge, I can't take it seriously. I will probably be proven wrong.

    Stocks / reasoning:
    * UEC / nuclear power still seems massively underused, hopefully we don't all die of radiation
    * YOLO & MSOS / see if the US cannabis market picks up as blockers to fed legalisation keep shrinking
    * AAPL & AMZN / disgustingly rich companies gonna stay rich
    * CRSP & BCRX & DVAX & NVAX / someone's gonna get rich on biotech, though this feels like a gamble with no idea which
    * GME / because I'm an idiot, though I did buy at $90 so still currently being propped up by much bigger idiots
    * MVIS / LiDAR seems like it has a long road ahead
    * TSM / being ahead of the game in fabbing is essentially a problem of how fast you can print money
    * ZM / not sure this was a good call, invested too late into the pandemic and video calling seems to have plateaued - but I figure give it a few years and they'll find new ways to extract cash from all the enterprise markets they're entrenched in
    * UBER / they seem like real cunts over there, always a positive signal

    overall strategy is the simple idea that time in the market beats timing the market, no day trading / p&d. Only buy things I plan to hold for 5-10 years, and hoping the good choices outweigh the bad
  3. #3
    Robert Mugabe African Astronaut
    Forex and stock.

    yeeeeeeeeees.
  4. #4
    no Yung Blood
    but which?
  5. #5
    Robert Mugabe African Astronaut
    Originally posted by no but which?

    How much you got?
  6. #6
    Robert Mugabe African Astronaut
    Originally posted by Robert Mugabe How much you got?

    Enough

  7. #7
    no Yung Blood
    I mean … which stocks, or currencies, are you invested in and why? It's nice that you have money, but choices are more interesting.
  8. #8
    I own some Bitcoin, Etherium, Monero, Bitcoin Cash, and some Brent Crude ETFs and some oil company stocks.

    It's super easy, but I'm thinking of dumping the shitty crypto investment, that shit is a pure bubble.
  9. #9
    Kev Space Nigga
    this shit is only a little bit less random than pure gambling, you cant really predict the future and the game is incredibly rigged. its also a huge test of patience. the more patient ones win long term, not the spastic derplords who freak out at the slightest downward blip and sell all their shit in panic like during march of last year during the covid psychodrama. i bought way more of my company's stock during the crash and made a 500% return 6 months later, an easy 10-20k right there.

    essentially you gotta do the opposite of what normies do. when they all buy, you sell, when they all sell, you buy. i think buffett said that.
  10. #10
    Bradley Florida Man
    You wouldn't believe how little I have invested.
  11. #11
    Bradley Florida Man
    my stonkies are hornier than me at anytimee fitness when i know the workers aren't there, just breeding out, fatass stonkies

    my snakes r fat, bestla (my fav is abouot too breed) and that will result in having + 6 to 9 snakies in a few months.

    It's all very diverse. I have some guppies and I bought like 4 boxes of five hour energies.

    I plan on dying in my mid to late 40s.
  12. #12
    Ghost Black Hole
    i'm putting it all into 420x

    https://420xcoin.com/

    it's a safemoon fork



  13. #13
    Originally posted by Robert Mugabe Forex and stock.

    yeeeeeeeeees.

    you invest in forexes ?



    how does one invests in forex ?
  14. #14
    Ghost Black Hole
    you buy a foreign currency for $1 and then sell it when it's worth #2
  15. #15
    Originally posted by Ghost you buy a foreign currency for $1 and then sell it when it's worth #2

    thats called investimg in foreign currency.

    not investing in foreign exchanges.
  16. #16
    Robert Mugabe African Astronaut
    Originally posted by vindicktive vinny you invest in forexes ?



    how does one invests in forex ?

    Didn't read due to being a frothy Nonce.
  17. #17
    Ghost Black Hole
    a forex is a foreign exchange that exchanges foreign currency for profit.

    investing in foreign currency would be like going to a chinese bank and buying bonds.
  18. #18
    Robert Mugabe African Astronaut
    The prices change and you make moniez upon sale therefore you invested.
  19. #19
    Originally posted by Robert Mugabe Didn't read due to being a frothy Nonce.



  20. #20
    The following users say it would be alright if the author of this post didn't die in a fire!
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