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Thinking about hitting the stock market.

Discussion in 'BlackHat Lounge' started by Grinch, Apr 13, 2013.

  1. Grinch

    Grinch Regular Member

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    So I turn 18 soon and am thinking about investing in some stocks.

    If bitcoins hit $20 I might invest 1k and wait it out till(if) they its $200 again.

    Anyone here have investments ?
     
  2. ilovestocks

    ilovestocks Junior Member

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    I think that's a wonderful idea. You're so young and that makes it even better because it's great to get an early start. My advice is to learn everything that you can about the stock market. My method is mainly fundamental analysis mixed with a little technical analysis (I mainly use it for entry points). Don't get caught up in all of the hype and always remember what the great Warren Buffet has always said, "Be fearful when others are greedy and be greedy when others are fearful". I have found this saying to be very true. Anyway, I'm 30 now and I would give anything to have started investing at your age. Good luck, I think you're very smart for wanting to invest!
     
  3. artizhay

    artizhay BANNED BANNED

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    Are you investing in BTC or stocks? They are not the same and hence the advice would be different for each.
     
  4. ReALeST

    ReALeST Power Member

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    If i were u id go ahead and get afew bitcoins while the price is still low....in the coming months it will indeed skyrocket!
     
  5. vsaxena

    vsaxena Registered Member

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    There's also the forex currency exchange (FX) market as well. A lot riskier, but a lot heftier profit if you trade correctly.
     
  6. WorkHardL0veLife

    WorkHardL0veLife Regular Member

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    I would invest in a few Litecoins MtGox will be adding this currency into their system soon which will make the value go up making your investment worth while.
     
  7. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

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    Where I can bought LTC?
     
  8. teenmoney

    teenmoney Regular Member

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    You can buy LTC on btc-e.com
     
    • Thanks Thanks x 1
  9. Furious George

    Furious George Supreme Member Premium Member

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    investopedia.com
     
  10. infoasian

    infoasian Supreme Member

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    Stocks are great investments as long as you stick to them with patience. Most pay good dividend.
     
  11. ilovestocks

    ilovestocks Junior Member

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    Agreed. Great site to learn from and it's especially great for beginners.