this post was submitted on 05 Jan 2024
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[–] [email protected] 11 points 10 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 10 months ago* (last edited 10 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.