I am 19 and my monthly income is $1000, so I'm planning to invest $100 each month.
I have googled exchange brockers like IG, and all of them have very shitty restrictions: high margins, minimum sums for deposit/withdrawal start from $200, you can't deposit money instantly from a credit card and have to make a bank transfer, etc.
Therefore right now I just buy BTC for long-term hold. Is it true that it's the best option to "invest" for a teenager from third world shithole?
P.S. Robinhood is not working in my country.
>>1496991
Yeah, please just stick to long-term holdings. Take it from me, you can not trade with $100/month bankroll.
>>1496991
You are going to get eaten by fees. I would suggest saving up.
>>1496991
They have built a new ring in Moscow?
How can you live with 60K RUB in this city?
>>1497009
No way?
>>1497067
In my own flat it's not that bad.
>>1497688
Great at least you don't have this liability... Is it that easy to own his place in Russia?
Maybe you shouldn't be looking to invest 100$ but rather change your lifestyle to be able to invest more or try to somehow Improve your wage... Or both.
Are you in college?
>>1497722
Property taxes are very low, however, the market is very unstable.
For me, investing is more like psychological thing, at least after I have read "The richest man in Babylon". I think it should be habit, no matter how much you earn.
>>1497722
P.S. I'm on the 2nd year of university.
>>1497789
What is your degree?
Also what is the average expenses you have for a month and where do you think you can cut some of those expenses?
>>1497789
Invest in vodka and drugs and enjoy your 20s
>>1496991
How are you 19 already have a flat and 1000$ per month?
I'm 18 and I have jack shit
>>1497805
My degree is management.
I spend a lot on taxi and eating out (especially coffee).
>>1497808
I have already been addicted to weed, MDMA and cocaine.
>inb4 you can't get addicted to weed
No, you can.
>>1497872
Apartments were distributed randomly during the Soviet times, and my parents got some in a neighborhood which later happened to be an elite ghetto in central Moscow.