Can you get rich off of trading stocks like you see on Instagram and those 23 year old stock trading millionaires? I recently got a new job and decided to start saving up and I've calculated that if I keep up with my savings I can make 12,000 by this time next year. If I'm a bit more frugal I can bump it up to 15,000 but that depends. But my goal is during the year I'll read up on stock trading and how the market works and at the end I'll start making small investments to get a feel of how the market moves and slowly become a millionaire. I just hope it doesn't take longer than 10 years but if it does you can't complain being a millionaire at 30. But I just don't want to be chasing an unrealistic dream. Does it actually work? Can I actually get rich off of this? And if so how? I've already saved all the stuff in the stock general threads but I don't want to be chasing an empty dream.
stocks and cryptos both have a chance to make you rich but you gotta make sure to pick the good stuff. not the fly by night. sure pump and dump coins are useful (made plenty of cash in pnd raids) but some solid long term coins/stocks goes alot further than the bi-weekly flippings
Colton Peterson
Where can I learn this? And how long does it take? Are the stock general enough?
Robert Scott
Yeah head to the stock general.. it might seem like alot of idiots but that's just people mostly being shitheads to shitead.. there's alot of good advice so keep tabs on that thread whenever it pops up with a new one. As for crytpo it's worth it just not like 2017 so it's more a hit and miss unless like stocks you pick really solid companies.
for now stick with stock general and google/bing/duckduckgo stock trading forums or stock forums or penny stock forums or various other things and find places to read and learn also. youtube has decent vids but most are people going hey buy this or sign up for that.... also if you have twitter you can follow alot of investors and people that suggest stocks to invest in for decent money. I follow about 800 people and have made some damn good money on stocks suggested. (tho I tend to go after dirt cheap unproven stocks so I know ive also been extremely lucky in that regard)
Kevin Hernandez
like a pear cider
Hunter Flores
The 23 yo traders are all posers. I don't know why they do this, probably a form of escapism. It's just not realistic, it takes many years to kickstart any kind of business. If you're a genius trader, trading full time on a smallish account, you might be able to make 40% a year. For someone who has a job, I'd say 10-15% is a realistic goal. This could add up to a nice sum if you keep saving, but nothing earth shattering. You might be able to retire in 10-20 years depending on your lifestyle.
Jackson Allen
are you ready for the best advice youre going to get from this board but going to totally ignore because you IQ is too low to understand what it is? Ready? buy chainlink
It works but you need to treat it like a snowball effect. The bigger your input the quicker you can "make it".
Ayden Morales
You will probably make a mistake, or several mistakes that will be difficult to recover from. The idea that you can go to the trading screen and just start generating income is probably false. Depending on the person it make take 1 to 5 years to become educated. You'd have to make a huge effort.
Nathaniel Cox
Damn, you're right. I only just vaguely get it but don't know how to take advantage of this information.
Isaiah Ross
Hopefully it's 1 for me
Brody Watson
Serious question since I have just ignored all Link threads here for obvious reasons and I hope actually one of the Link doubters responds to me as opposed to you good sir because well, you would be biased obviously.
But my question is are there any Link competitors? I mean there must be other coins that want to be the oracles for blockchains. Every single crypto has a competitor working on the same thing with their own differences. So which ones are Link's competition?
I buy that an oracle is needed and will be just as needed as the blockchain protocols in the future but how do you link slaves know that Chainlink will be the winner of that opportunity and not some other fucking coin that may or may not even have been created yet??
This isn't 2016 where first-mover advantage matters much. Now it is a game of attrition. So I ask any of the Link doubters to respond to me so I may get both sides of the story here.
Who are Link's competitors and how unique of a proposition does Link possess that would not allow another team to start tomorrow and outcompete Sergei?
David Diaz
Serious answer: Chainlink was a scam designed to steal everyone's money and they were successful. So technically, any current and future scam is a competitor. I'll admit that it's a really well designed scam. All those no name "partnerships" were probably companies they created. You know how the linkies say they're never selling? Well, I am never ever buying.
Cameron Reyes
>I have just ignored all Link threads here for obvious reasons jesus christ, user
Charles Smith
Somewhat true but I will give you reality
If you can consistently return even just 5% a year for five years and intelligently explain how you did it
Firms will throw millions at you to work for them. Especially considering your age and background, you would be considered a prodigious genius.
Saving 10k a year and flipping it in stocks to a million? Especially where we are right now in the economy? Would be a goddamn miracle.
Connor Rogers
Brother, I am talking about the tech here not the company. Regardless of whether you think the company and team are a scam the tech use case is 100% legit and IS needed one way or another if blockchain tech will ever reach adoption.
Being able to communicate real outside data to a closed system blockchain is crucial and is way more important for DApps than the TPS memes and endless consensus protocols.
Ian Gutierrez
short answer: no long answer: you probably have to learn for yourself that you can't do it, so go ahead and try
and anyone slinging how to trade is making a living off of slinging books on how to trade, not by actually trading
Wyatt Phillips
You will pay tuition to the market your first couple years
Mason Myers
you can "buy" chainlink same way you can buy apple shares, microsoft shares etc...coinbase is the easiest way to get chainlink, i suggest minimum 1,000 links to make it within the next 2-5 years. Dont fall for the FUD
Noah Richardson
>the tech
There is no tech. Chainlink had no idea how to create what they were describing which is why there's no product. It doesn't matter what it says in a white paper if nobody can create it. If anybody makes what you're describing, it'll be Microsoft or some other major company, not some fat Russian scammer and his gang of thieves. Fucking Jow Forums NPCs.
Brayden Williams
so why are you guys on here then if it's all a scam? And if trading won't work what are other alternatives that I can go through to make money?
Easton Bennett
Fact: Chainlink is a scam. Fact: It also went to $5 meaning if you bought at 50 cents, that would be a 10x if you sold at $5. The people aren't here for the tech, you retard. They're here for the money.
Liam Green
Jesus your reading comprehension is that of a 10-year-old.
Sorry, you have too low of an IQ for me to continue conversing with you.
I bid you, good day sir.
Ian Gray
Dude. Unless you like gambling. Unless you want to feel on edge constantly moving money around hoping for a banging day to replace the massive hole from last week. Unless you like the possibility of coming up with nothing, and maybe on a good day beating the market. Unless you like these things. Invest in an index fund. Start with 3 grand and have an auto investment of 400 month. Then stop thinking about it and go about your life.
You will not make massive money from anything anyone can teach you here.
Owen Hill
>I don't want to continue this conversation so I will call you a low IQ fag and walk away.
Parker Rogers
/thread
Day trading is akin to educated gambling. It takes a lot of time and heart, and most of the time you'll come up short and quit.
I know this won't happen to YOU, obviously, because you'll be making informed decisions contrary to what all the normies in the market will do, and yours will always prevail.