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Which pill do you choose? (i.imgur.com)
submitted 2 years ago by to c/memes@lemmy.ml
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[–] 16 points 2 years ago (8 children)

Nobody with money to invest is going to listen to a manic six-year-old.

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  • [–] 9 points 2 years ago* (last edited 2 years ago) (4 children)

    I think you're mistaking how little would need to be invested.

    I think my dad would start listening to his god-omen stock predicting son after a few missed billions.

    "Dad listen, my college tuition? Fuck it. Put it down on Bitcoin in Jan of 2009 and sell on November 9th 2021 for ~$25T."

    I'd have over 10 trillion cash after taxes. Literally would have more cash than anyone on earth.

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  • [–] 11 points 2 years ago (1 child)

    The problem with betting on illiquid securities is that it would guarantee a change in that securities future. I’d probably stick with a big ocean of money to invest in like blue chip stocks because you personally aren’t going to change the market and if you have foreknowledge you can still make billions.

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  • [–] 1 point 2 years ago*

    For something like trying to turn 300k into 25T on Bitcoin, yes, absolutely.

    You could 100% become a trillionaire without significantly affecting market positions, though, even with just general knowledge and ~50 $100-$10,000 investments.

    Compounding interest is a hell of a drug.

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  • [–] 8 points 2 years ago (2 children)

    A six year old that can predict major events? Besides. Just wait and invest in Bitcoin yourself or Google, Apple or MS in college depending on your age. The latter isn't as big of a jump but easily many multiples.

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