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So I have a few dozen of grand in my PayPal account.
Would like to know how to invest them.
For a short while you could make PayPal deposits at some brokers and buy ETFs.
Then PayPal decided they don't want to allow brokers.
So right now:
- You cannot buy cryptos;
- You cannot buy ETFs;
- You cannot buy gold.
What the hell can you buy with PayPal except stuff eBay and internet shops?
I'm interested in investments, things that will make me money. Sure I can buy some domain names, but there I have to put a lot of work in to make them profitable. I'm talking about stuff like ETFs, index funds, maybe some other ideas?
And no, I won't withdraw to my bank, because then I have to explain the bank and all the institutions where money came from. Circumventing them is the key.
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>>1595893
How did you even end up with this much in PayPal? I believe there are exchanges where you can buy bitcoin with PayPal, which you should be able to much more with, but the fees you'd be paying are kind of insane.
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>>1595894
>How did you even end up with this much in PayPal?
But working.
> I believe there are exchanges where you can buy bitcoin with PayPal
There aren't. It is against the rules. And I had found a way to do it and did do it. So now I have plenty of Butts, but I don't want more Butts for now. I want other types of investments.
Also, what more can I really do with Butts? Nobody accepts them anyway. If I want to buy something online I will just pay with PayPal.
It is not like I can buy a car, a house, an apartment with Buttcoin or PayPal. I considering buying some Rolexes, but that is more luxury shit I don't really need (I already have bought plenty of). I need to INVEST it. For a while you could do it at some brokers, but PayPal disabled this feature for some reason (you can't buy ETFs anymore with it).
It really sucks.
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Maybe magic the gathering cards like Black Lotus?
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>>1595893
So why the fuck don't you just withdraw it to your bank account, then you can do whatever you want with it
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>>1595893
>I want to invest.
More like: I want to launder money.
Gosh, I can't imagine why they set up all those pesky rules against "investing". Gotta really feel for poor poor OP...
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>>1595893
Buy gold of eBay with PayPal...
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>>1596683
You can't buy precious metals with PayPal, it is against their rules.
Also, gold fucking sucks. It's a dumb investment.
>So why the fuck don't you just withdraw it to your bank account, then you can do whatever you want with it
Because of IRS and tax implications.
>More like: I want to launder money.
Nah, man, literally want to invest.
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>>1596735
>You can't buy precious metals with PayPal, it is against their rules.
wtf? no it isn't. I have bought a lot of gold coins and bullion on ebay using Paypal. All you need to do is search on ebay to see how wrong you are.
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Seems like an awful business decision to separate BTC and Paypal.
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>>1597446
PayPal dont' want to be associated with drug and CP money. And it is probably not their choice, but regulations that prohibit doing that.
Still, it is not a problem for me, I know how to buy Bitcoin with PP. I just don't want to. Fuck Bitcoin. I have enough of it already and it is less usable than PayPal money.
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>>1597388
I might have been wrong, but gold still is a pretty dumb investment.
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