Got my Trumpbux today and want to invest for the first time in my life. $1200 isn't much but it's a start. Not sure if I should use something like Robinhood, Swan Bitcoin, etc to get started or if not then how to begin at all.
Any tips on how to make it and start accumulating wealth are appreciated
I used my check for options. Lost all $1200 in a few days. Don't do that
Jonathan Hernandez
Sounds interesting. How do I go from sitting on Zig Forums not understanding the majority of what's being said on the Rocket Pool site to owning some ETH required for Rocket Pool? Is there a wiki/faq guide for all the programs etc to starting investing that I'm not seeing somewhere?
That's what I'm trying to avoid. I could always pour it into something like Fundrise but from what I'm gathering that's not as fun or potentially profitable. Not expecting another bitcoin boom with some cheap coin or to be a millionaire next week, but I'd like to make it grow.
James Smith
Unironically put all 1200 in a crypto and swing trade during massive pumps and dumps. It's the easiest and only way to do anything with that kind of money.
Options are a total fucking gamble, you can lose it all in 1 trade even if you're experienced.
Brody Campbell
Just put it all in SPY and forget its there
Julian Stewart
buy VOO
don't be a fucking idiot and blow your money on stupid shit like crypto or options
Sebastian Hill
>Options are a total fucking gamble, you can lose it all in 1 trade even if you're experienced. >But swing trade on crypto, dude! What could go wrong??
Buy NIO. Chinese version of Tesla that is getting funding from the Chinese government. Only a fool would gamble against the CCP.
Ryan Sanders
Options in a volatile market are fun because even though you can lose nearly all your money in record speed, you can also make retarded amounts of profit just as fast. Even on a slow day, you can reliably double your money.
You haven't lived until you've experienced 80% loss on a bet, only to enjoy 11,000% profit on a trade the next day.
David Jackson
MRO and BP yw nigger
Sebastian Reyes
FUCKING SPY PUT STRIKE 275 5/15 EXP PUSSY ALL OR NOTHING LETS GO IM ALMOST OUT OF COKE MAKE IT QUICK THEN VENMO ME FOR THE TIP
Andrew Barnes
This. I got in on MRO at 3.95. Now it's sitting close to 6. Oil companies are easy returns.
Jackson Hall
Okay so what platform should I use to start investing? Robinhood? Coinbase? Something else?
I got mro at 4.80 and saw a little growth Im wondering if I should just sell everything before sunday and buy the dip seems like its going to eat shit hard Monday
Mason Perez
I know something you don’t know about Marathon.
Poor fuckers.
James Lee
I can tell you for sure that you should not be bullish on energy.
Earning calls next week from Oil Companies are going to be a fucking charnel house.
It’s going to fuck up everything.
Ryder Butler
Use robinhood. It has penny stocks and regular stocks. Fuck shitcoins. Toss it all in roku Monday at 114$ or qep. I made some good money off qep this last week
Parker Rogers
Save that money you'll need it Most markets are topped out already Things are about to get worse
Chase Wright
This man right here.
This man fucks.
Jack Lee
Yeah my co worker made $6k in one day when shit was closing down last month and he was betting
Easton Perez
I've been having a feeling that the market was going to go down again. Probably going to use Robinhood to buy 1 or 2 Ethereum within the week and put the rest in an ETF too. If I don't invest this money soon I know I'll do something like buy a guitar I've had my eye on for a while that's now an affordable purchase when I could be carving a small foothold for financial success instead.
Asher Wright
dont buy the guitar invest in assets >im jason richarson
Luis Perez
So, You got $1200 for free, and you're going to give it away for free, too?
Ryan Adams
>Options are a total fucking gamble, you can lose it all in 1 trade even if you're experienced.
You obviously have never tried options before.
Jayden Allen
I only invest 150 from my stimulus check, but I tried to think of stocks that would go up once the Coof bullshit blows over.
I invested in American Airlines, Carnival Cruise Lines and Cinemark. U have to be patient, but buy when they get low and sell when they get high. Then repeat, later on.
Luke Cooper
Is the deal still going through, if it does we moon bro
>I invested in American Airlines, Carnival Cruise Lines and Cinemark
Bruh...
Bentley Gomez
Don't ''''invest'''' in these crazy Zig Forums ponzi schemes. In fact, leave this forum right now unless you want to become a gambling addict.
The stock market right now is very volatible and risky as well. Get some sound financial advice from a professional.
Ethan Lee
You could look into staking for solid returns. I'm currently invested in Orion Protocol, because they project a 15% return on the value of your stack in USD backed stable coins. I expect a lot of appreciation of the tokens themselves too.