I'm 22 years old and have $5500 to my name. What's the best way to use this money?

>/sturdy/

>BTC
Probably not worth holding if you can't buy a decent amount of it
>LTC
Shitcoin
>XRP
Risky
Eth is a safe bet with some nice gains possible

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use it for a night with the whore in your pic

More like photoshop doesnt change that the first picture is a nice brapper if it existed which obviously it doesnt

Hire a rugpuller to each you the fine art of rugpulling.

Ironically or unironically?
- Invest 10% ($500) in Crypto, divided between btc eth xmr xrp xlm, hold in offline wallets/ledger/paper wallets, backup securely and hold it for a few years, don't check prices
- Invest 20% ($1k) in stocks, look into compound interest, invest into big corps, Google, Microsoft, Alibaba group, Tencent, Baidu, SoftBank group. Don't keep checking prices
- 5% into (physical) Gold ($250)
- 5% into foreign currencies, Euro, Chinese Yuan
- Leave 10% to an Emergency fund ($500)

That's 50% of your savings now, don't keep checking prices of what you invested in. Leave it and forget about it for 10 years.

The other 50% you should start a (very) small business with, something that you know well or that you know you can learn and do well in. Maybe learn a trade.
Again, pick something simple, and something that YOU know well and understand its ins and outs. Don't know?, pick something and learn.

If you're on salary, max out your 401k and/or retirement accounts.

$MTNB

2021 golden fish oil bullrun

you're a retard

Why?

Just need to wait for other anons to approve or criticise this before I decide it's good advice or not

literally SPACs

Absolute Boomer tier post, don't listen to this retard.

Pick two cryptos you like the most from BTC/ETH/XMR/LINK and put 2250 into each. No point diversifying further

This is stupid

I’m a manlet and I want that WEIGHT on my diiiiiick.

Haha no way

Accurate about the 2 cryptos. Btc? Eth? Xmr? Lol come on

Would you rather take advice from someone telling you to diversify your assets so if one thing takes a loss, you have another 4 backups so you don't completely go bankrupt?

Or would you rather take advice from others calling other people retards and stupid and that the smart thing is to gamble 50% of your savings on 1 single thing, without even explaining why that's a good idea?

Oh yeah, he's so much better pissing away his entire savings on a shitcoin of the week rugpull than buying actually decent crypto.

Diversify into losers because you are scared about your winners losing. Imagine being so bad with money you can't pick literally 1 winning investment right now with the thousands going around

your advice is retarded. i'd rather take advice from someone who isn't retarded.

You're talking about half of someone's complete savings. You're telling them to gamble half of their savings on one idea.
It's not money the want to invest, it's half of their net-worth.
Ok buddy. Sorry I'm retarded.

I didnt say which ones to buy. But we all know an erc20 will be largest mcap and soon. When an erc20 surpases apple maybe then youll believe

Yes. Thats what im doing. If you have debt or kids take care of those first, otherwise you have to live a little especially if youre sure you have a winner

Checked but,
We also all know that if you post another thread saying that opinion you'll get hundreds of people saying you're retarded and it'll be [insert different token/coin] instead.

There isn't such thing as a *guaranteed* investment. Shit happens. That's why you diversify, so shit doesn't stain you too bad.

P.S. Also add LINK to the list of cryptos I mentioned, it's a good bet too

>diversifying $5500

kek. maybe if you have millions of dollars. otherwise this is top tier boomer advice

A few years back after the last strong bullrun after the dump, I had 50 ETH only, no other crypto. I decided to diversify and split it into many different coins that I thought were good picks and left it alone and forgot about it.

A while later I checked back again, exchanged all back to ETH, and guess what?, now I had about 73 ETH.

OP mention which country he's from. $5.5k is a lot of money in a lot of places.

OP didn't mention*

I'm Canadian.

Go carnival or any top 3 cruiseship stocks kinda on the fence about this but they are all down 50% and are going down further, once the vaccines come out and vaccine travel laws those stocks are going to grow steady fat imo

I want my head in her ass

No argument there, same experience. My main point is im extremely excited about certain erc20s why buy any others?

>doesn't mention the coins

Yeah bro cool story

unironically API3 and sell within now-6 months.

start a business with $2500?? what kind of business is even possible with that much?

>10 years

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