I got a high school diploma, and no idea what trading, stocks is or what to do with my life but I want some money to make myself more indepent, but more importantly to repay my parents and family who have done so much for me and are currently facing a rough patch. But it seems like every industry is doing bad nowadays, what do I do? Sell my soul and work for surveilance companies or become an infuelncer and harass random people in foreign countries for kick views?
Just be yourself and it will work itself out
Start hoarding XRP for the next 12 months and wait a minimum of 10 years
>>62643415You need money to make money, so a job would be the correct first step. Don't get lured by scams and shitcoins. Research what's out there and decide what your risk profile is. This varies from ultra safe anti-risk boomer shit like bonds that don't even cover inflation to individual pennystocks that tank 50% overnight. Somewhere in the middle you'll find broad ETFs, individual stocks with varying volatility and leveraged ETFs.When trading you are your own biggest enemy. Contain your emotions, don't panic sell but also don't 'marry' positions. This is meant to make you money, not make you feel good.
Take jobs, but don't work for money. Work for the opportunity to network. You need to know people and make yourself known to them so you can have opportunities for success later. When you've worked somewhere for a while and there's no upward mobility left for you to get into new social circles, find a new job and start over. Leverage your contacts for that if you can. If you're not going to trade and fleece rich people that way, then you need to ingratiate yourself into a higher socioeconomic bracket some other way, and your best bet starting from literally 0 is to just roll as many dice as possible.
>>62643415I really REALLY like this image
>>62643435How is XRP better than HBAR?
>>62643415>make my parents life easier
>>62643415You owe your mum a life changing debt to make life easier.
>>62643656No mohel?
>>62643454I currently have a small part time job cleaning a gym, it pays minimum wage but it has the benefit that employees get to go the gym for free, so my yearly gym costs get nullified, which is basically my biggest expense anyways As for trading and stocks, it seems like anything in surveilance and war industry is doing well, but you want to buy stocks that are doing not so well at the moment so you can buy them for cheap and will do very well in the future so you can sell them for way more, but how do you even predict that without insider knowledge? For all I know a new virus could ravage the cattle industry tomorrow and a new kind of vegan meat replacement gets developed and takes the world by storm >>62643620It is very inspiring
>>62644916>what ifReview why people saw potential in Amazon, Coca Cola, Bitcoin, Ethereum, Asteroid Shiba, etc. This is a list of things with practical value and stuff that's just for fun. When I was in your position and just starting out I got told a few things by people here. First, don't just follow hype but read up on the company/project's roadmap, history, whitepaper, in order to understand why it has potential. Why might others find it useful or entertaining? Second, don't spend money you don't have since you're unlikely to always pick winners but this way losses will be minimal compare to gains.You're right major events could happen and tank a specific assets or cause nearly all the marked to dump. But you're also working. You have the money to keep taking chances. Just make sure you educate yourself on the asset before taking a chance. Expect losses, but don't despair. A loss is a subtraction. Gains on the other hand can be reinvested. So you're not just buying assets and adding the wins together, you're reinvesting the wins to multiply them further.I was also working minimum wage when I began and figured since I was starting from ZERO knowledge and just reading up on assets, I'd diversify: ultra-safe stuff like metals, options with more risk/reward like stocks, then the highest risk/reward stuff like crypto. Could I put $100 or $1000 in everything I saw in that first week? No. I had to put aside the hobbies and spend the time reading to narrow it down to a relative few to start. But I'd have to do even more research if I wanted to find THE asset with the current highest potential out of all the metals, stocks and crypto. Put in the time and make a start. You can buy positions in other assets later. You will also see assets arise that don't currently exist. The best thing I bought in that first year didn't exist until 6 months after I began.
