Memes

45187 readers

1437 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

[email protected]

718

Which pill do you choose? (i.imgur.com)

submitted 8 months ago by [email protected] to c/[email protected]

430 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 11 points 8 months ago (1 children)

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.

[–] [email protected] 1 points 8 months ago* (last edited 8 months 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.