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SumKindaMunster · 51-55, M
Workerbee · 31-35, M
@SumKindaMunster very much so
@SumKindaMunster why just the standard and poor? No tech stocks on the NAS? Crypto isnt a scam in total its just unregulated cuz the SEC hasnt passed any laws bout whats a commodity and whats a security aka bitcoin being a commodity like gold cuz theres no creator unlike ethereum
SumKindaMunster · 51-55, M
@Workerbee @TryingtoLava Sorry, being glib here. Crypto isn't a scam per se, but there are a lot of scams in Crypto and you need to exercise caution.
Yeah Bitcoin doubled in one year, it's also plummeted from $68k to less than $20k in a year.
If you feel you can make money in that type of environment, God bless you.
I myself, made over $4000 on Bitcoin early on when I bought a couple for like $100 or something.
Also lost $1200 in Bitcoin thinking I knew what I was doing...I don't believe in it as a long term investment. Too volatile. I DO have some money in Bitcoin but that is to purchase items on the internet as sometimes its easier and a better bargain to pay with Bitcoin.
I am doing a buy and hold strategy for stocks on the S&P. I picked the S&P as it is relatively stable and shows growth over time. I've made money investing in Microsoft, Wells Fargo, Apple, Nvidia, and Netflix. I own some stock in stalwart companies like Coca Cola, 3M, and Berkshire Hathaway. There are TONS of tech stocks in the S&P, besides the ones I mentioned there is also Adobe, Western Digital, Micron Technologies, Oracle, HP, AMD and Juniper networks.
I believe you are wasting your time and money investing in Crypto unless its to dabble and see what you can do, I would definitely NOT make it a long term investment strategy, again too volatile.
Yeah Bitcoin doubled in one year, it's also plummeted from $68k to less than $20k in a year.
If you feel you can make money in that type of environment, God bless you.
I myself, made over $4000 on Bitcoin early on when I bought a couple for like $100 or something.
Also lost $1200 in Bitcoin thinking I knew what I was doing...I don't believe in it as a long term investment. Too volatile. I DO have some money in Bitcoin but that is to purchase items on the internet as sometimes its easier and a better bargain to pay with Bitcoin.
I am doing a buy and hold strategy for stocks on the S&P. I picked the S&P as it is relatively stable and shows growth over time. I've made money investing in Microsoft, Wells Fargo, Apple, Nvidia, and Netflix. I own some stock in stalwart companies like Coca Cola, 3M, and Berkshire Hathaway. There are TONS of tech stocks in the S&P, besides the ones I mentioned there is also Adobe, Western Digital, Micron Technologies, Oracle, HP, AMD and Juniper networks.
I believe you are wasting your time and money investing in Crypto unless its to dabble and see what you can do, I would definitely NOT make it a long term investment strategy, again too volatile.
Workerbee · 31-35, M
@TryingtoLava I use Robinhood it comes out 2/14
