Start making money at 16

[Soomif999]

Any advices on how i can start making money at 16 online ?

 

[StarvedEpi]

get a day job to get capital, invest some into dowjones/snp500, gold/silver, bitcoin/eth and day trade the rest

 

[valentine]

Any advices on how i can start making money at 16 online ?

no get a job

 

[Kostas]

get a day job to get capital, invest some into dowjones/snp500, gold/silver, bitcoin/eth and day trade the rest

hahahha

 

[StarvedEpi]

hahahha

the fuck else you meant to do? 16yos wouldnt have much qualifications the best most can do is trading or drop shipping

 

[Kostas]

the fuck else you meant to do? 16yos wouldnt have much qualifications the best most can do is trading or drop shipping and trading

Come on now brother you told him to invest to the smp and day trade, there are far better options

 

[BecomingHuman]

Online is overrated. Onsite offers way more opportunities in 2024.

 

[Kostas]

Online is overrated. Onsite offers way more opportunities in 2024.

At 16?

 

[Soomif999]

keep in mind im studying most of the day so geting a day job is really difficult for me.

 

[_MVP_]

this user is the real deal: he will become a billionaire.

 

[BecomingHuman]

At 16?

why not

 

[StarvedEpi]

Come on now brother you told him to invest to the snp and day trade, there are far better options

like what? something that takes more specialised skills to do and needs someone to purchase your service? compared to trading where any autist can get there parents help to set up an account invest into the snp-500/bitcoin and make like a 75% profit over a year doing nothing. plus plenty of armature traders make money from day trading unless your retarded

 

[Kostas]

like what? something that takes more specialised skills to do and needs someone to purchase your service? compared to trading where any autist can get there parents help to set up an account invest into the snp-500/bitcoin and make like a 75% profit over a year doing nothing. plus plenty of armature traders make money from day trading unless your retarded

So many desperate people get into trading now because they see it everywhere online because of gurus that are trying to create their personal brand and affiliations, but the brutal reality is that you need extreme amounts of knowledge to actually succeed in trading otherwise it's a way to lose all your money and if you don't know what you're doing then it only becomes an alternative to gambling, as of investing into the smp or any other kind of stock or bond is pointless if you don't have loads of money, what's a 500$ investment going to do for you

 

[esoterik]

get a day job to get capital, invest some into dowjones/snp500, gold/silver, bitcoin/eth and day trade the rest

this is THE most generic plan ever

atp tell him to dropship

 

[StarvedEpi]

So many desperate people get into trading now because they see it everywhere online because of gurus that are trying to create their personal brand and affiliations, but the brutal reality is that you need extreme amounts of knowledge to actually succeed in trading otherwise it's a way to lose all your money and if you don't know what you're doing then it only becomes an alternative to gambling, as of investing into the smp or any other kind of stock or bond is pointless if you don't have loads of money, what's a 500$ investment going to do for you

if you invested 500 dollars into bitcoin/the snp a year ago you would have 900 doing nothing compared to if it was in a bank where is would loose value to inflation. I have made plenty of money in simulated portfolios/day trading for economic classes in school when i was 16

this is THE most generic plan ever

atp tell him to dropship

its generic but if you actually wage slaved one 8 hour shift a week you can easily make a 50-100% ROI after a year

 

[esoterik]

its generic but if you actually wage slaved one 8 hour shift a week you can easily make a 50-100% ROI after a year

instead of being a normal person putting a ton of effort in for not much in return for your time you could be more out the box and make a ton more money with that same effort and time

 

[Kostas]

if you invested 500 dollars into bitcoin/the snp a year ago you would have 900 doing nothing compared to if it was in a bank where is would loose value to inflation. I have made plenty of money in simulated portfolios/day trading for economic classes in school when i was 16

its generic but if you actually wage slaved one 8 hour shift a week you can easily make a 50-100% ROI after a year

That's circumstantial and no if you invested 500$ a year ago in stocks or the smp you wouldn't be near 900, if you invested in bitcoin then perhaps yes you'd make money but again it's circumstantial.
There are lots of ways to use that money, investing with little amounts of money is impractical

 

[The Dark Phoenix]

instead of being a normal person putting a ton of effort in for not much in return for your time you could be more out the box and make a ton more money with that same effort and time

View attachment 3292342

no one knows what that means this is America motherfucker

 

[esoterik]

no one knows what that means this is America motherfucker

thats not even a foreign currency lol. thats xmr

translated to $45k

 

[StarvedEpi]

That's circumstantial and no if you invested 500$ a year ago in stocks or the smp you wouldn't be near 900, if you invested in bitcoin then perhaps yes you'd make money but again it's circumstantial.

i never specifically said to invest just into the snp-500 and stocks either so moot point saying you wouldnt get that ROI with just the 500 and stocks because i never said that.
Also you are wrong saying stocks wouldnt get you close to 900 becuase if you invested in to like walmart or niviada you would do exactly that

There are lots of ways to use that money

you keep saying better ways to use that money but you never specify what, its becuase they all take more specialised skills and more time. also the online gig market is also very circumstantial aswell,

investing with little amounts of money is impractical

ok but its not hard for a 16yo with no responsibilities financially to save a few grand doing weekend shifts. if you did the most generic portfolio of gold, bitcoin and snp you would make thousands

instead of being a normal person putting a ton of effort in for not much in return for your time you could be more out the box and make a ton more money with that same effort and time

View attachment 3292342

you would of made the about same return investing what i suggested instead of xmr but with way more safety becuase of the diversity

 

[esoterik]

you would of made the about same return investing what i suggested instead of xmr but with way more safety becuase of the diversity

it isnt investment its holding, i made that money over the span of like a few months from doing niche internet stuff

 

[StarvedEpi]

it isnt investment its holding, i made that money over the span of like a few months from doing niche internet stuff

oh fair enough i wouldnt keep all my holdings in one cypto though cus of fluctuations of the price