Quote from: Bruce Wayne on May 22, 2019, 10:36:43 PMForex trading isn't sustainable. I suggest you invest in stocks Warren Buffet's way.If you know what your doing it most certainly is
Quote from: Bruce Wayne on May 22, 2019, 10:36:43 PMForex trading isn't sustainable. I suggest you invest in stocks Warren Buffet's way.He has a good methodology but it's quite slow.
Quote from: shottrue on May 24, 2019, 04:09:54 PMHe has a good methodology but it's quite slow.as much as I don't like most posters here, nobody needs to lose money because they're desperate for money to do this surgery so you might want to let people know to do their due diligence.
Btw guys altcoins are in a bull market, could be high potential
Quote from: soitchi on May 29, 2019, 06:04:58 AMas much as I don't like most posters here, nobody needs to lose money because they're desperate for money to do this surgery so you might want to let people know to do their due diligence.
Also take @Bruce Wayne's post with a grain of salt, the boy doesn't have the capital to get this surgery for years and claims the Indonesian Stock Market can net him 100% his investment a year (search his post history, it's there), preaches about Buffet while Buffet and top investors take 10-20% a year. Clearly he's bullshíttìńg, he's most likely playing around with a tiny account with a no commission broker if he even has a trading account.
Quote from: Kenda on July 11, 2019, 11:38:32 PMWait so i dont know about these other stock markets
But ive seen tons of people showing how they turn 1k to 10k via forex and bitcoin
Actually some of them offered to trade for me, i have zero knowledge about trading and it seems like extremely hard & complicated, should i let someone who keeps winning trade for me?
I talked to a guy from toronto and he claims he made tons of money or whatever and he has screenshots and he told me he can turn 1k to 10 in a couple of weeks , like someone tell me is this a fraud? Is the only way to trade is to learn it ? Will the guy run with all my money? *I need answers and from ppl who know what they’re talkin about*
Quote from: Kenda on July 11, 2019, 11:38:32 PMWait so i dont know about these other stock marketsLike @tiggy said, with zero knowledge it's basically gambling, you're walking into a casino not knowing how to play any of the games or what the rules are, no plan, no strategy. If I had someone to trade for me, I don't care if they're licensed or not, if they make however many millions a year, I want to know everything about them before I hand over my money. Gekko said information is the most valuable commodity. So if you want to learn to trade or invest go and learn, it's free but at the same time a professor once told me anyone can write a book, or make a video so...do your due diligence on your sources, you might want to get into the habit of it lol
But ive seen tons of people showing how they turn 1k to 10k via forex and bitcoin
Actually some of them offered to trade for me, i have zero knowledge about trading and it seems like extremely hard & complicated, should i let someone who keeps winning trade for me?
I talked to a guy from toronto and he claims he made tons of money or whatever and he has screenshots and he told me he can turn 1k to 10 in a couple of weeks , like someone tell me is this a fraud? Is the only way to trade is to learn it ? Will the guy run with all my money? *I need answers and from ppl who know what they’re talkin about*
Quote from: tiggy on July 12, 2019, 12:35:31 AMHi Kenda,
Yes it is fraud, please do not let anyone other than a licensed investment manager trade on your behalf. This bitcoin stupidity has spread like a disease and gullible people who have no/slight knowledge of the markets in general are taken advantage of. I am not a licensed investment professional just yet. I run my own portfolio and plan to open my own hedge fund within a couple of years. There is no "get rich quick" way in true investing. People who promise you riches in short periods of time are scammers. The only way to "get rich quick" is to steal other people's money by promising them riches. If you have funds to invest and have no knowledge of the markets, you can open an investment account and hire a professional. My advice, as a student of Buffett/Munger, is to open an account and buy into an S&P 500 index fund. You can go to Vanguard and open an account there. This way you buy into the best 500 US companies and your money will grow with the general market (give or take about 9% a year). This is one of the safest ways to invest, especially if you don't have much funds to invest with. Investing is a slow process. What others may promise you is more likely a gamble. If you don't mind gambling, then by all means do what you believe is right. But the above advice is one of the most sound ones you can receive in this industry. If you have other questions, please don't hesitate to ask. I rather that you (and others like you) ask first instead of throwing money away at scumbags. I applaud your intellect to actually recognize your weaknesses (I.e no knowledge in investing) and seek advice from those who know more. Hope this helps you. Be well.
Quote from: shottrue on July 12, 2019, 12:24:57 PMSince the last bull market began in March 2009, the S&P 500 has climbed roughly 300 percent, rising from approximately 667 to nearly 2,700, Google Finance data shows.
Bitcoin has been around for far less time, but it has generated immense returns nonetheless. The digital currency came into existence in January 2009.
While price data for bitcoin’s early days are scarce, we do know that the currency’s price has risen from $0.05 to a peak of $19,783 in December 2017, according to the CoinDesk Bitcoin Price Index (BPI). This represents an increase of more than 39,000,000 percent.
300 % vs 39,000 % increase in price since 2009. Yeah bitcoin was so bad to invest in. It's so bad that our President tweeted about it yesterday, and major banks or corporations like Facebook are making their own digital currency.
Good luck moving glacially
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