Advice thread.

join the coiner master race, duh

>>2009264
I am seeing many of you are arguing to invest in ETH is that a good idea?

>>2009259
> This is the first time I am on this board,
Well 80% of the people on here are NEETs, there are some business owners on here too, but they are very quiet when they are real. You'll get a lot of people trying to sell you on pump and dump coins, please don't buy into any without doing your research first.

7% is fucking good for a annual return, remember most of the top gurus don't get more than 20%. It all comes down to your "appetite for risk".

Playing the stockmarket isn't really a way to earn a living wage though unless you do it all the time - the one thing I've learned on this shithole (I have stockholm syndrome) is that the only way to really make enough money to live comfortably is to own your own business: for the simple fact that it has cashflow, in the stockmarket the potential return on that cashflow you already pay a premium for in the price.

Crypto is risky, but it's a two sided sword; you can either make a fortune overnight or lose it. It's Forex for the poor.
>full disclosure: have some small crypto holdings

>>2009273
Starting up your own business in here in Spain or in Russia is quite hard, once I graduate I will end up wagecucking some management position or consultancy. In my spare time I'd like to have a little investment portfolio so i am here to learn. 7% won't make a difference to my day to day life and the cash being stuck in a bank will just make me poor for the year. Whats a good place to start?

>>2009269
>>2009291
Yes, imo ETH is a very solid coin, but its pretty high right now so maybe wait for a dip. Bitcoin is also great to just hold, but again might wanna buy in at a dip.

Shitcoins are way more risky but theyre cheap and you can sell before you lose it all. I'd recommend holding the bulk of your crypto in bitcoin, eth and maybe litecoin, and also diversifying into a bunch of cheap shitcoins.

>>2009291
First, understand your tax situation. Which jurisdiction will you have to pay income taxes in, and where and what capital gains will you be charged.

Next step is to work out what your goals are: it's all fine to be like "I want to have a nestegg", it's reccomended you have 6 months living expenses in the bank as a all round just in case (like if you lose your job etc.) however that's not fun, what are you looking for?
Do you want to move to a third country?
Do you want a classic guitars collection?

What's your goals.

Once you've determined your goals, a timeline then you can stark looking at which form of investment is best: should you invest in ETFs, gold proxies, crypto... a diversified portfolio... I dunno.

What I will say is: START WITH WHAT YOU UNDERSTAND. Yes, some industries may have higher margins, but only if you make the right decisions. Start with a industry you understand, look into the companies, the stock prices.