Can you make decent Investing/Crypto money just by following the advice here?

[Diako]

Can you consistently make decent money just by following the advice here?

if so whats the minimum budget ? how much of this budget should oyu invest at a time?
i have like a 200$ budget
my definition of decent is a consistent 20 dollars a month
how long will it take to get to this level

tagging crypto bros(?) : @PsychoDsk @Seth Walsh @User28823 @2marc1 @SubSigma

 

[Diako]

@forevergymcelling @134applesauce456 @genetically fucked

 

[134applesauce456]

yes but no guarantee bro

you could also lose it all in a day

you can also turn it into $2k in a day

 

[134applesauce456]

and crypto isn't as skill based as you think it is, someone who is new to crypto could ape all their money into one coin and get lucky

 

[Diako]

and crypto isn't as skill based as you think it is, someone who is new to crypto could ape all their money into one coin and get lucky

who do you get your advice from?
would u mind tagging some cryptocels?

 

[Seth Walsh]

Can you consistently make decent money just by following the advice here?

if so whats the minimum budget ? how much of this budget should oyu invest at a time?
i have like a 200$ budget
my definition of decent is a consistent 20 dollars a month
how long will it take to get to this level

tagging crypto bros(?) : @PsychoDsk @Seth Walsh @User28823 @2marc1 @SubSigma

No you can’t make consistent income by following this section

 

[Diako]

No you can’t make consistent income by following this section

if im measuring at the end of every 6 months can it be consistent then?
what can i follow to get consistent results ?

 

[Diako]

bump

 

[SubSigma]

The best investment is a degree in a stem field. Its really difficult to get and has a high barrier to entry, so most people won’t get into it. This is always going to lead to a high demand of people with stem based skills.

You always need a consistent income, and cant rely on passive income like stocks/real estate.

The advice for high volatility investing like penny stocks and crypto is always going to be the same. High risk/high reward. $200 is nowhere near enough to make a serious amount of money along with $20 a month.

You need to get a decent paying job, live below your means, contribute to a 401k, roth ira, and put a little bit into a individual stock account and only contribute to ETFsq. I used to do 90% voo, and 10% international stocks. Now I recommend 70% voo, and 30% international stocks.

Fucking around with crypto and penny stocks is a good way to lose money. I lost over 2k messing with crypto and penny stocks. Anyone who made money that way did so through luck and not skill. Ivy league graduates with millions of dollars to spend on research barely beat the market, so as a regular investor you don’t stand a chance. Just use the tried and true method of investing in ETFs and getting 10% growth +compound interest and you will be a millionaire by 40.

I made 10k+ by investing into nvdia, but it was through luck. I thought they were a promising tech company that had lots of room to grow after covid. I had no idea they would be spearheading AI tech. Anyone who tells you they have a shortcut that can beat the market is a scammer or an idiot.

 

[genetically fucked]

@forevergymcelling @134applesauce456 @genetically fucked

whyd u tag me nigger

 

[Diako]

whyd u tag me nigger

dont remember

 

[Diako]

bump