Investing in Crypto and Stock Market
Discussion
depends what your goals are - time/interest in switching assets/researching/appetite for risk etc etc.
digital assets/crypto is not IMO investible for folks who don't follow the space and even then it's risky; keeping in mind that no one knows whether the normal cycle will repeat/get cut short/lengthen this time around - but if it followed prev cycles then it would be peaking around Q3'ish; in other words since it's cycle low the decent assets have already gone up multiples and what's left is the riskier 'icing on the cake'.
stocks - again, timeframe etc etc.....my view contrary to many here is that a few decent assets outweighs having a basket of stuff which includes the crud.
if you're investing, that implies years vs wanting to see stellar returns in weeks/mths - so gotta think about where the puck will be; what's going to be transformative over the next few years, what companies have a solid edge etc etc.
someone in one of teh threads mentioned apple.....which for me is a shinning example of a company that was ultra innovative and now isn't. will they be around in 5 years, sure, but will they have released new tech that blows the publics minds and adds billions of revenue? prob not. so if you're thinking years, take a look around at what trends there's likely to be/have already started ( assuming you are looking for sensible risk vs good share price growth).
couple of utube channels that are worth watching:
investanswers - stocks&bit crypto
macro2micro - as above
beat the denominator - tech sector
cyberbulls/hertbert ong - tesla main focus
cto larsson mainly digital assets/cryto, big focus towards solid projects and not 'meme' crap
beyond that; crypto requires opening a broker account that will only do crypto, kraken has served me well enough, stocks - take your pick of brokers - barring etoro which have terrible 'spreads' .....
enjoy your journey
digital assets/crypto is not IMO investible for folks who don't follow the space and even then it's risky; keeping in mind that no one knows whether the normal cycle will repeat/get cut short/lengthen this time around - but if it followed prev cycles then it would be peaking around Q3'ish; in other words since it's cycle low the decent assets have already gone up multiples and what's left is the riskier 'icing on the cake'.
stocks - again, timeframe etc etc.....my view contrary to many here is that a few decent assets outweighs having a basket of stuff which includes the crud.
if you're investing, that implies years vs wanting to see stellar returns in weeks/mths - so gotta think about where the puck will be; what's going to be transformative over the next few years, what companies have a solid edge etc etc.
someone in one of teh threads mentioned apple.....which for me is a shinning example of a company that was ultra innovative and now isn't. will they be around in 5 years, sure, but will they have released new tech that blows the publics minds and adds billions of revenue? prob not. so if you're thinking years, take a look around at what trends there's likely to be/have already started ( assuming you are looking for sensible risk vs good share price growth).
couple of utube channels that are worth watching:
investanswers - stocks&bit crypto
macro2micro - as above
beat the denominator - tech sector
cyberbulls/hertbert ong - tesla main focus
cto larsson mainly digital assets/cryto, big focus towards solid projects and not 'meme' crap
beyond that; crypto requires opening a broker account that will only do crypto, kraken has served me well enough, stocks - take your pick of brokers - barring etoro which have terrible 'spreads' .....
enjoy your journey
Your first question to answer is "What are you trying to achieve" ? Investing in stocks may be either a brilliant or terrible idea, depending on the answer to that question. Then you have to consider your appetite for risk: Would you be able to deal with a 30% loss in your holdings overnight without worrying ?
The first thing to do is distinguish between gambling/speculating/taking punts and actual investing.
Do you want to gamble/speculate/take punts? If so you are probably in the right place, as a lot of the conversation on this forum is about the aforementioned.
If you want to actually invest, find a multi asset fund aligned to your risk appetite, drip feed into it monthly, and let time/compounding take its effect.
Do you want to gamble/speculate/take punts? If so you are probably in the right place, as a lot of the conversation on this forum is about the aforementioned.
If you want to actually invest, find a multi asset fund aligned to your risk appetite, drip feed into it monthly, and let time/compounding take its effect.
outnumbered said:
Your first question to answer is "What are you trying to achieve" ? Investing in stocks may be either a brilliant or terrible idea, depending on the answer to that question. Then you have to consider your appetite for risk: Would you be able to deal with a 30% loss in your holdings overnight without worrying ?
To make some more money, would be the goal. I think I would be okay with a loss. But you lose and gain money investing in any stocks or shares. Mr.Nobody said:
Has anyone had any success? I’ve seen the TikTok millionaire ls who just want to sell you courses.
I've had plenty of sucess over the years investing through my ISA and SIPP. Mostly funds for my SIPP (US Tech focused) but do take a punt on some individual UK shares in my ISA. Last year was particularly good. I also have property investments so I'm 50/50 stock market vs property. This thread is for people to post what their year was like...
https://www.pistonheads.com/gassing/topic.asp?h=0&...
There is a crypto thread as well in this part of the forum.
Trump has thrown the markets into turmoil so now is not the time to start IMO. He just lost me a large chunk of my pension.
Edited by 98elise on Friday 11th April 13:42
Mr.Nobody said:
outnumbered said:
Your first question to answer is "What are you trying to achieve" ? Investing in stocks may be either a brilliant or terrible idea, depending on the answer to that question. Then you have to consider your appetite for risk: Would you be able to deal with a 30% loss in your holdings overnight without worrying ?
To make some more money, would be the goal. I think I would be okay with a loss. But you lose and gain money investing in any stocks or shares. Edited by 98elise on Friday 11th April 15:42
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