Best way to make money is go to work and invest wisely not in penny stuff
Comment
Sawyer
SBR Hall of Famer
06-01-09
7761
#37
Originally posted by jjgold
No quick buckBest way to make money is go to work and invest wisely not in penny stuff
Going to work is getting old. It was in 90's..
Today, it's time to make money with money. It takes money to make money..and patience.
I agree with you about ''some'' penny stuff. Yes, it's true. People looking for a quick buck, people looking for x10, x100 in few weeks. It's like betting public who are chasing high odds with parlays like +100000.
I'm fine with a %50-80 return on my investment in a year.
Cryptos are much more rewarding though..
Ethereum %97,3 since last 30 days. %140 since last 90 days. %2185 since last year.
(It's like saying Miami is 25-5 in last 30 matches, lol)
Chainlink %30,4 since last 30 days. %75 since last 90 days. %1223 since last year.
Yeah, there's coins/tokens increasing %90000 too but what matters is how they will perform over long haul. I'm not chasing those x500, x1000 coins. My strategy is different. Sure, you may consider to risk %1-2 on penny coins too, it won't hurt. Must be selective with these penny coins though.
Mark my words. %90 of these coins will become trash in future. So invest wisely. Research. Some penny coins will do fine but these will be VERY rare.
Comment
navyblue81
SBR MVP
11-29-13
4143
#38
Originally posted by spurginobili
Have $8,500 invested in Ethereum. Got more than half of it at a really good price, the other half not too bad.
Not sure when I'll sell. Read a column that it could quadruple within the year.
I got put $1k in there. Just invested. This has a chance of being $100k in five years.
Also just a few hundred in Cardano.
Comment
pablo222
SBR Hall of Famer
01-03-19
8858
#39
ETH and ADA good plays in the long run.
Comment
navyblue81
SBR MVP
11-29-13
4143
#40
Originally posted by pablo222
ETH and ADA good plays in the long run.
Agree. I did a lot of research on both and decided those are going to be my two long terms. $1k in each. Gonna let it grow for 10 years.
Comment
Sawyer
SBR Hall of Famer
06-01-09
7761
#41
If you have ETH and ADA, then you should have POLKADOT too.
Polkadot can reach 100-150$ this year.
Comment
masr
SBR MVP
10-20-07
4773
#42
Originally posted by masr
I'm big on Cardano, Chainlink
Cardano just passed 2.00
Comment
navyblue81
SBR MVP
11-29-13
4143
#43
Originally posted by masr
Cardano just passed 2.00
It’s wise to have both Eth and Ada. Ada could be bigger reward if it does replace Eth one day. Could then soar over 100 down the road. Don’t see that happening but it’s possible.
Comment
masr
SBR MVP
10-20-07
4773
#44
Originally posted by navyblue81
It’s wise to have both Eth and Ada. Ada could be bigger reward if it does replace Eth one day. Could then soar over 100 down the road. Don’t see that happening but it’s possible.
Also have ETH & Chainlink
Comment
gauchojake
BARRELED IN @ SBR!
09-17-10
34117
#45
Originally posted by JIBBBY
Save now and spend later as you will wake up tomorrow. Money only grows with investments over time.
You must be patient young grasshopper and believe the sun will rise again in the next morning.