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Smythe
Oct 12, 2003


no meds = f4

.

Smythe has issued a correction as of 18:23 on May 4, 2021

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poll plane variant
Jan 12, 2021

evolution in action

Shear Modulus posted:

you make an account on robinhood

the biggest cryptocurrency trading platform, coinbase, doesn't carry dogecoin for some reason

Ugh, I made all my meme stonk gains by not being on there

Victory Position
Mar 15, 2004








very nice. parallel parking or are you fancy enough to have a driveway

Somebody has issued a correction as of 20:52 on May 4, 2021

dew worm
Apr 20, 2019



my biggest investing regret was not buying more dogecoins lmao

Smythe
Oct 12, 2003


no meds = f4

Victory Position posted:

very nice. parallel parking or are you fancy enough to have a driveway

irl truth i have offstreet parking but i have to move 3 trashcans to get in or out & also perform a deathstar style trench run to get in the lot

Impkins Patootie
Apr 20, 2017






i wanna live in Hollywood

Smythe
Oct 12, 2003


no meds = f4

Impkins Patootie posted:

i wanna live in Hollywood

sell some coin and you too can live the dream of living in squalor for a zillion buckeroos

Victory Position
Mar 15, 2004







Smythe posted:

irl truth i have offstreet parking but i have to move 3 trashcans to get in or out & also perform a deathstar style trench run to get in the lot

ah. the Chicago-style garage, in which every trashcan on the block is in your immediate path to and from your parking spot

Smythe
Oct 12, 2003


no meds = f4

leaving the parking spot is easier since i can subtly crash them out of my way (shitbox car enables this lifehack)

Victory Position
Mar 15, 2004







pushing with a car is a power move reserved for experts only

Nonsense
Jan 26, 2007




made twos days wages overnight but wonít sell. To The Moon

i say swears online
Mar 4, 2005

medio de fonte leporum surgo amariter




Nonsense posted:

made twos days wages overnight but wonít sell. To The Moon

/

Ytlaya
Nov 13, 2005

0.000% of Communism has been built. Evil child-murdering billionaires still rule the world with a shit-eating grin.

I've been blessed with whatever the opposite of a gambler's mindset is. When I think of investing/trading, all I see in my mind's eye is me opening my account to massive losses and feeling terrible about it.

Victory Position
Mar 15, 2004







Ytlaya posted:

I've been blessed with whatever the opposite of a gambler's mindset is. When I think of investing/trading, all I see in my mind's eye is me opening my account to massive losses and feeling terrible about it.

this is also me

cumshitter
Sep 27, 2005

Get free financial advice at cumshitter dot com

Ytlaya posted:

I've been blessed with whatever the opposite of a gambler's mindset is. When I think of investing/trading, all I see in my mind's eye is me opening my account to massive losses and feeling terrible about it.

what are you buying thats so volatile you think you could get cleaned out overnight

Yossarian-22
Oct 26, 2014



i say swears online posted:

yes. when daytrading it's important to buy in when an asset hits all-time highs.

the op should have unironically bought dogecoin at its ath when this was posted and they would have profited

Victory Position
Mar 15, 2004







cumshitter posted:

what are you buying thats so volatile you think you could get cleaned out overnight

anything. I don't enough money ever to even begin to cover a loss even if a stock sinks by like -2%

basically losing just by buying in in the first place

Nonsense
Jan 26, 2007




Yossarian-22 posted:

the op should have unironically bought dogecoin at its ath when this was posted and they would have profited

Fame Douglas
Nov 20, 2013

RELY NOT ON MY HONOR!!! FOR WHEN I OFFER MY WORD OF BOND, I TAKE NOT THAT VOW TO HEART!! CASUALLY, I BRING SHAME TO MY HOUSEHOLD AND RUIN TO THOSE WHO RELY ON MY COMMITMENT, BY SHIRKING MY AVOWED DUTY

Yossarian-22 posted:

the op should have unironically bought dogecoin at its ath when this was posted and they would have profited

Yes, that's why that advice was given.

Porpoise With A Purpose
Feb 28, 2006



i bought like 100 bucks in doge when it was 5 cents and cashed out at like 11 and though I was an investing genius.

Cloks
Jan 31, 2013

Guaranteed to be right twice a day.




Porpoise With A Purpose posted:

i bought like 100 bucks in doge when it was 5 cents and cashed out at like 11 and though I was an investing genius.

buddy if you make money, you're an investing genious

Smythe
Oct 12, 2003


no meds = f4

im a professional trader

lumpentroll
Mar 4, 2020



Victory Position posted:

anything. I don't enough money ever to even begin to cover a loss even if a stock sinks by like -2%

basically losing just by buying in in the first place

are you buying on margin or investing your rent money?

Nonsense
Jan 26, 2007




Nothing will stop doge

Ytlaya
Nov 13, 2005

0.000% of Communism has been built. Evil child-murdering billionaires still rule the world with a shit-eating grin.

cumshitter posted:

what are you buying thats so volatile you think you could get cleaned out overnight

Just like a gambler's mindset, my mindset is irrational.

Nonsense
Jan 26, 2007




https://twitter.com/FirstSquawk/status/1383829227988873223?s=20

TO THE MOON

Yossarian-22
Oct 26, 2014



The best time to buy crypto will be after the inevitable crash when everyone declares crypto dead

Zurtilik
Oct 23, 2015



I can't buy crypto because I never linked a bank to Robinhood and the only way to put USD in my Kraken is via wire.

Can I do menial work for Doge?

Cold on a Cob
Feb 6, 2006

i've seen so much, i'm going blind
and i'm brain dead virtually


College Slice

looks like dip is back on the menu boys

PookBear
Nov 1, 2008


Nobody exists on purpose, nobody belongs anywhere, everybody's going to die.


Victory Position posted:

anything. I don't enough money ever to even begin to cover a loss even if a stock sinks by like -2%

basically losing just by buying in in the first place

That isn't how buying stock works. If it goes down in value you don't owe someone money, its simply valued less.

Cold on a Cob
Feb 6, 2006

i've seen so much, i'm going blind
and i'm brain dead virtually


College Slice

lol if you aren't gorging on leverage and hurling it all at meme stonks

cumshitter
Sep 27, 2005

Get free financial advice at cumshitter dot com

Victory Position posted:

anything. I don't enough money ever to even begin to cover a loss even if a stock sinks by like -2%

basically losing just by buying in in the first place

as pookbear pointed out, you dont have to sell when the price goes down. one of the simplest ways to invest is to just buy an index fund and hold it. you would actually generate cash while doing this because it would pay dividends (and far more than you would get from leaving it as cash in the bank)

actionjackson
Jan 12, 2003

your living room looks like shit

cumshitter posted:

as pookbear pointed out, you dont have to sell when the price goes down. one of the simplest ways to invest is to just buy an index fund and hold it. you would actually generate cash while doing this because it would pay dividends (and far more than you would get from leaving it as cash in the bank)

I just do this because I'm lazy, and the dividends get reinvested

I wish I had gotten buttcoin in 2013, and then magically forgot until today, and then remembered, and then also remembered my password, and also not had my e-wallet stolen, and then sold it all today

Cold on a Cob
Feb 6, 2006

i've seen so much, i'm going blind
and i'm brain dead virtually


College Slice

i guess i can talk earnestly here without getting yelled at as much for being a class traitor capitalist

i've been dca buying my way back into etfs because i liquidated like 2/3 of my portfolio in october to buy property and that didn't happen (lol )

i loving hate buying in at all time highs but i guess doing it over two months makes me want to puke less

Fame Douglas
Nov 20, 2013

RELY NOT ON MY HONOR!!! FOR WHEN I OFFER MY WORD OF BOND, I TAKE NOT THAT VOW TO HEART!! CASUALLY, I BRING SHAME TO MY HOUSEHOLD AND RUIN TO THOSE WHO RELY ON MY COMMITMENT, BY SHIRKING MY AVOWED DUTY

Cold on a Cob posted:

i guess i can talk earnestly here without getting yelled at as much for being a class traitor capitalist

i've been dca buying my way back into etfs because i liquidated like 2/3 of my portfolio in october to buy property and that didn't happen (lol )

i loving hate buying in at all time highs but i guess doing it over two months makes me want to puke less

Just #YOLO and invest it all in Dogecoin, and maybe some Cardano as a safe side investment.

Nonsense
Jan 26, 2007




cumshitter posted:

as pookbear pointed out, you dont have to sell when the price goes down. one of the simplest ways to invest is to just buy an index fund and hold it. you would actually generate cash while doing this because it would pay dividends (and far more than you would get from leaving it as cash in the bank)

can you do this with Robinhood or does it have to be through a legit brokerage? Iíve seen indexes on RH but only the crazed ones.

indigi
Jul 20, 2004

picture me workin McDonald's!
I'd rather pull a mac on you
sorry Ms. Jackson, but I'm packin


Pillbug

Nonsense posted:

can you do this with Robinhood or does it have to be through a legit brokerage? Iíve seen indexes on RH but only the crazed ones.

just get an account at fidelity or something, I have one and they do 0 commission trades. buy SPYX for a safe bet

indigi
Jul 20, 2004

picture me workin McDonald's!
I'd rather pull a mac on you
sorry Ms. Jackson, but I'm packin


Pillbug

Cold on a Cob posted:

i've been dca buying my way back into etfs because i liquidated like 2/3 of my portfolio in october to buy property and that didn't happen (lol )

oof that sux. what are you buying

cumshitter
Sep 27, 2005

Get free financial advice at cumshitter dot com

Nonsense posted:

can you do this with Robinhood or does it have to be through a legit brokerage? Iíve seen indexes on RH but only the crazed ones.

i dont know about robinhood but unless you want to buy crypto you should open an account at Fidelity, Schwab, TD Ameritrade, or any other mainstream brokerage. equity trades should be free and you have access to people who can actually help you with your account 24/7. from what i understand robinhood's customer service is poo poo or non-existent.

Cold on a Cob posted:

i guess i can talk earnestly here without getting yelled at as much for being a class traitor capitalist

i've been dca buying my way back into etfs because i liquidated like 2/3 of my portfolio in october to buy property and that didn't happen (lol )

i loving hate buying in at all time highs but i guess doing it over two months makes me want to puke less

time in the market is what generates results over the long run. several years down the line youll be glad you bought in.

cumshitter has issued a correction as of 21:55 on Apr 19, 2021

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cumshitter
Sep 27, 2005

Get free financial advice at cumshitter dot com

Aglet56 posted:

https://twitter.com/stoolpresidente/status/1268542454086750208

i laughed at dave portnoy back in june 2020 and figured he'd eat poo poo. well... who's laughing now (not me)

he announced that he was going to invest half a million on 3/23 of last year, which was the absolute bottom of the market, and somehow he still lost money day trading

like assuming he bought in on 3/23 he could have thrown darts at a wall covered with random S&P 500 stocks and made money

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