I have over 21k in savings. How can I invest that to make some solid money back from it?

I don't have any more user.

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I don't like killing any animals either. Hopefully it died with minimal pain.

It btc and wait a few years. Otherwise go short the market and leverage your money to zero. If you make a move based on an opinion on an anonymous board you’re asking for trouble. biz is the worst financial instrument on the internet.

this, put half of it into bitcoin right now and then slowly put the rest into bitcoin whenever there is a dip so you still have funds to catch huge weekly/monthly dips. You can buy 1 bitcoin now and slowly invest the rest. Dollar cost average investing is the safest bet. You'll never have to worry about checking the price 24/7 and everyone holding at least 1 bitcoin has already won.

save some more and buy real estate to rent out

Would it be a good idea to speak to a financial advisor? I Iike your idea but I'm sure a financial advisor would have no clue about it.

That's the plan in the long run but currently this money is just sitting in the bank slowly losing value as inflation rises.

Go all in on options and get a 10 bagger or go broke.

It depends, many are salesmen and want a cut of your money. If you’re looking for a diverse and safe portfolio then maybe, but as long as you don’t lock up more than 10% of your net worth in BTC you’ll be fine. Also don’t buy any alt coins, there’s no assurance that they’re not scams. And 90% of them are pump and dumps, these alt coin posts are mostly pump and dump groups and their victims hoping for the moon. Btc only when it comes to the crypto market, and then go somewhere else like real estate ETFs or mutual funds for your other capital. Slow and steady wins the race

>Go all in on options and get a 10 bagger or go broke.
Very high risk investment. Specially with current uncertainty.

They would never advice you to invest in anything like bitcoin. Which is safe and understandable. Their approach is more like invest for 30 years and double your money.

So many people are telling you to put it in bitcoin
If you decide not to listen to them, just remember 4-5 years from now, you had a chance to buy bitcoin below $8000

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I'm not very experienced in markets and Bitcoin for that matter currently but I am looking into it. In the case of Bitcoin, I'm never sure of when to buy. I can't tell when its bottomed.

Redpill me on GUSH i bought 2 shares as throwaway

Below 10k is always buy territory for me, but Im a DCA investor, I bought my first bitcoin at 5000 and have been buying $300 worth every single week regardless of price as long as the price was under 10000.

How do I know when to buy? The volatility is daunting.

>If you decide not to listen to them, just remember 4-5 years from now, you had a chance to buy bitcoin below $8000

I already know what that's like. I knew of Bitcoin when it was $100/coin and never bought. In my defense I was still a kid at that time.

How well has that turned out? Any way to offset losses?

Its been working very well because if you have a strong financial foundation you won't have losses, and what I mean by that is you will never be forced to sell at a loss and if the price goes down you are basically buying it for a discount. You only incur a loss if you have no cash left and need to sell bitcoin at a lower price than you bought it for. You can only lose if you sell for less than you bought it for.

When the stock market originally gained popularity over 100 yrs ago, the majority of people felt it as gambling and too volatile to conserve wealth. Do you really think that in 30 years time, that it would matter that you paid $4000 or $7500 per btc? considering Inflation alone, it’s silly to assume btc will be worth $7500 in 10 years time. If it’s worth zero by then, then at least you didn’t risk more than 10% of your net

I understand. Would you suggest investing say 100/week to start out so long as its value is below 10k?

You make a great point however I will have to figure out an investment strategy before diving in.

Yeah that would be great, just be sure to secure at least 1 bitcoin right now before the halving. No one really knows if the price is gonna crash or if its going to skyrocket, add in the coronavirus and anything is possible right now. 1 BTC is enough for you to have no regrets whether it skyrockets or dumps, and you will have plenty of extra money to DCA with.

Search for "Portfolio Design". It'll help you figure out how to structure stuff based on your age & risk tolerance.

Here goes the redpill formula for all kinds of investments.

Literally anything with 30% monthly yield has 30% risk of getting rekt that month at best. Each 1% above that increases that risk by about 5..10%.

In short, better go to a casino, they at least got alcohol.