What's better to get into crypto or stocks?
Which one is better and which will likely make you a millionaire easier than the other?
| Stocks | 11 | |
| Crypto | 4 |
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Comments ( 17
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KholatKhult
How about an actual career ?
Pixie dust manipulating won’t get you anywhere.Comment Hidden ( show )-
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Anonymous Post Author
It's not pixie dust... I have a full time job bro I'm asking what's better to get into lmao people become millionaires from stocks and crypto, I want to be one of those people.
This guy I went to high school with is a millionaire and he only bought and sold crypto never had a job.
Why should I work 60 hours a week to live paycheck to paycheck and no vacation when I can get rich by stock or crypto? You okay son? I want to enjoy life bro you good? I want money so I can afford my medical bills and afford vacation..
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hauntedbysandwiches
Stocks and cryptocurrency aren't pixie dust, they have the potential to make people extremely wealthy. You seem a bit uneducated in investing. Investing is smart, not investing is the definition of stupidity.
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olderdude-xx
You should not be investing in anything if you are asking this question here.
I suggest that you take some time (as in weeks to months) and study in general what are investments and how they work, along with the risks.
Here is a base truth to keep in mind: The kinds of investments you mentioned (stocks and crypto) are a form of gambling. While you may have positive luck here and there (and yes there are millionaires from such luck); you may have just a bad negative luck as well (and yes there are people who have lost everything from such luck).
Key rule: Never invest more money in them than you can afford to lose.
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Anonymous Post Author
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1WeirdGuy
Inflation is high but the stock market is dropping faster than inflation. I myself am waiting to invest about 10k when things go lower. I put about 100 a week in on some app if you want to so you can ride the wave down as it goes down and get a better price because this recession is probably gonna last a while. But no one can predict the future so you dont know we could possible, though unlikely, start going up next week, and you dont want to miss your chance at a good price.
Also man if you arent a stock market nerd the S&P500 is a makeup of the 500 biggest companies. This gives you diversity with one stock buy and it also outperforms almost all stocks. Almost all of my stock buys are S&P500. It averages 20% increase a year since its inception. Thats huge.
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Yurngur
Stocks. I mean the first few months you will cry but later you might make some money.
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Yaidin
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litelander8
I assure you there will be a food crisis but September. Get gold or food. Best of luck.
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LloydAsher
I'd invest in Morton salt if I were you. Recession is about to hit and I dont trust crypto with musk being in the market.
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1WeirdGuy
For longterm definitely stocks. I do mostly S&P500 for all my stocks. But if crypto crashes I do buy more. Crypto is a huge gamble but it can make you way richer than stocks if you learn to play the game right. The good thing about crypto is it has cycles. Right now is a good time to buy but I think itll drop more.
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Anonymous Post Author
I heard S&P500 was the lowest it's been in years :0 Hope it goes back up
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1WeirdGuy
Everything is low. S&P500 has outperformed almost everything all the way back since the 70s or something like that. Its average is like 20% increase a year. Im holding alot of cash and putting more and more in as it dips. Eventually the economy will recover and itll go up.
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Lusty-Argonian