|
Tripsten
Stranger

Registered: 10/23/17
Posts: 1,104
Last seen: 2 years, 10 months
|
Investment ?
#25891121 - 03/22/19 10:18 PM (4 years, 10 months ago) |
|
|
I’ve got 1.5-2 grand I can freely invest I can’t really afford long term stuff right now I’d need the money back with in a reasonable time There’s day trading Buying and flipping thigns Tons of stuff What can I dump that money into to try and make a small income or profit off of it
|
madmodder
Trip More Drink Less


Registered: 08/26/14
Posts: 15,144
Loc: fuk zone
|
Re: Investment ? [Re: Tripsten]
#25892660 - 03/23/19 06:40 PM (4 years, 10 months ago) |
|
|
Therapy helps a lot of people.
Saying that, calculate your monthly expenses, the first thing you should do is have 3 months worth of expenses set aside in case something comes up.
--------------------
> [__________________________]
|
madmodder
Trip More Drink Less


Registered: 08/26/14
Posts: 15,144
Loc: fuk zone
|
Re: Investment ? [Re: Tripsten]
#25892720 - 03/23/19 07:31 PM (4 years, 10 months ago) |
|
|
--------------------
> [__________________________]
|
filmoee
Registered: 08/04/18
Posts: 683
Last seen: 1 month, 10 days
|
|
Crypto bro its doing better than stock right now buy through coinbase and keep em in your wallet buy bitcoin cash ethereum litecoin ripple xrp and spread it out and watch it make money usaully everday as long is bitcoin is on the up and up
|
Hippiebait
Stranger
Registered: 01/06/19
Posts: 184
Last seen: 4 years, 4 months
|
Re: Investment ? [Re: filmoee]
#25892825 - 03/23/19 08:34 PM (4 years, 10 months ago) |
|
|
Buy a pound or two or dank bud and break it up
|
Tripsten
Stranger

Registered: 10/23/17
Posts: 1,104
Last seen: 2 years, 10 months
|
|
I can’t sell stuff no more , my psycho roommate tried to kill me and start a weird little branch off cult from the one he joined ( not my roommate no more lol ) so our apartment got marked in a way , they have a label name for it and shit and now there’s always a cop posted by my complex Idk , maybe tho I used to do pretty good in that respect
As far as crypto currency Are you sure ?, it seems kind of dead in 2019 and I don’t think it’s gonna shoot up massively again
Edited by Tripsten (03/24/19 10:17 AM)
|
Tripsten
Stranger

Registered: 10/23/17
Posts: 1,104
Last seen: 2 years, 10 months
|
Re: Investment ? [Re: Tripsten]
#25893578 - 03/24/19 10:16 AM (4 years, 10 months ago) |
|
|
What do you soecifically do with cryptocurrency yourself to generate profit from it ?
|
Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB
|
Re: Investment ? [Re: Tripsten]
#25896372 - 03/25/19 05:30 PM (4 years, 10 months ago) |
|
|
Nothing. You are hoping someone else will buy it from you at a higher price.
A couple thousand bucks isn't a whole lot. Pay off debt or save it for a rainy day. You can probably get like 3% in a savings account these days.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
|
sh4d0ws
LSx


Registered: 02/26/08
Posts: 12,086
|
Re: Investment ? [Re: Tripsten]
#25896951 - 03/25/19 10:13 PM (4 years, 9 months ago) |
|
|
Buy a proof of work coin like Tezos that has the potential to make some nice gains over the next few months and make money by "baking" (staking) it yourself by running a baking node or delegate your baking rights to another baker for a 5%-10% fee. I have quite a lot invested but I make a couple hundred a month off of it, and it's made some nice gains recently as it's getting more popular and the technology behind it is proving itself. Instead of mining it using ASIC's like you do for bitcoin, you just hold your coins and you make money to hold them as your coins are used to secure other transactions on the network.
It's a proof of stake blockchain with a governance mechanism built in that allows the coin holders to vote on protocol updates (to avoid hard forks that arise due to disagreements about how to move forward) with smart contract capability. Even ethereum is switching to proof of stake.
It's up to $0.65-$0.70 from $0.40 in late February. And I think it has a lot of potential. That being said a couple thousand $ isn't much to invest, and I would only suggest investing in crypto what you can afford to lose. And I mean completely lose.
|
Tripsten
Stranger

Registered: 10/23/17
Posts: 1,104
Last seen: 2 years, 10 months
|
Re: Investment ? [Re: sh4d0ws]
#25897028 - 03/25/19 11:01 PM (4 years, 9 months ago) |
|
|
Huh, very interesting thank yo Igor that I will look into it tomorrow for real
|
|