I have like $500 a month to invest after paying for my car and gas and a decent understanding of crypto and the stock market, but in terms of long term investing I don’t know too much. I’m just trying to set myself up so after I’m done with college won’t end up with debt and will have a nice stack of paper in my bank account. I know my biggest advantage is time, but I don’t know how to take advantage of it.
What is the best way for a teen to lift themselves out of the wagie life?
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when i was in your situation i bought link at 30 cents. hodl man
HEX
I bought link at like 13 in the summer and sold at 40
>buy NFT floor
>sell for 10x price
>profit
opensea.io
Your biggest advantage is that you are young. You need to figure out a way to monetize your skills. Find what jobs are high paying, and figure out how to get one. It's too late in crypto to find a 100x unless we have a big bear market. You need a high paying job in the future so you have capital to invest. Get into a good college and get a good job, it's not a secret.
>Software Engineer
>Investment Banking or Private Equity
>Law
>Medicine
buy and hodl now, flip shit on craigslist and stack sats
Move back home. Pay your car off immediately or trade it for something cheaper that you can pay off immediately. Don't buy anything you don't need. Stop buying fast food, stop buying anything from convenience stores. Invest every single penny you have and something reliable such as Bitcoin or ethereum. Sell the top and then start saving your money so you can buy the bottom.
Or you can take your chances in the shitcoin roulette.
Investing into DeFi project will be the for a start. In the longrun they can diversify
Learn to trade unironically. I lost all my money many times then hit it big and turned 2k into 100k in less than 6 months. If you are a neet it is the best profession as you have an edge against everyone who doesn't look at charts for 16 hours a day.
The harmony casino is doing great atm. Just avoid the obvious scams
Unironically this.
Lost my 2500 link stack when I was wage slaving, now can sustain as a NEET sitting in 6 figure hell. Expensive learning lesson.
>I have $500 to invest
Invest all of it every month and live like you're dirt poor for 5 years.
You'll be a millionaire before you know it.
That’s not trading that’s gambling. No “trading” strategy can net 50,000% returns in 6 months. I learned that the hard way
In what? What coins? what stocks? My issue is literally everything looks like a bubble rn. Stocks are near all time highs while are economy is in shambles and crypto could be wiped out at any second.
Rightt, I just studied the market for 4 years, and got lucky.
What are the best projects?
Everybody thinks they're trading genius until they're not.
Bro, do some study on aubitnetwork and rest easy.
Imo blockchain related project looks pretty good. Like Plug, a synthetic asset management protocol providing security for users by making transactions purely synthetic. That way the assets are secured
Become nft gaming expert. It’s the most volatile and profitable market.