Jump to content
Sign in to follow this  
SteakOnSpear

How to make a quick profit

Recommended Posts

So i've been working my ass off all summer. Since i don't really care about money and don't need any, i feel like trying some more risky investments for faster profit. I mean why have a decent amount stored away when you could be a millionaire instead. If i lose it all, i'll still make it. I'm not talking all on black or anything, but maybe invest it all in bitcoin or something. What should i invest in?

Share this post


Link to post
Share on other sites

Etherium

or send money to me

il invest it for you

and if il make profit send you back your money + 50% of income i made

Share this post


Link to post
Share on other sites

Risky ventures are to invest in start ups

 

Can turn into an eventual profit of over 200%, more even if they become successful and go for an IPO

 

Or they crash and you lose every cent

Share this post


Link to post
Share on other sites

If anyone knew how to make a quick profit, they wouldn't be talking about it--they'd be making money. Talking about how to make quick cash is kind of a trivial pursuit, unless you actually have an idea.

Share this post


Link to post
Share on other sites

It depends on your definition of "quick" but if you think the global economy is due for a downturn you could sit on your money until then and then invest hard in stocks. But then people were thinking a downturn could happen any moment 2 years ago as well and that's a long time to sit out.

 

If you want super quick returns then look into trading options. If you don't know what you're doing then it basically is gambling, but hey, you could make a lot of money real fast if it works out. Unless you have inside information on something then any "quick profit" is basically achieved through huge risk taking equivalent to gambling, otherwise people would be doing it like Walrus said. You can also do practice options before you invest real money to feel it out a bit.

Share this post


Link to post
Share on other sites

My 2 cents:

Buy a lottery ticket, or go to Las Vegas ROARING drunk and gamble. You'll have better odds of getting a fast buck than trying to make quick $$$ with "teh secrets of teh stocks" or bitcoin, especially if you're a first-time investor with no financial advisor backing you up. The world is built over the bones of such people. Don't be one of them.

 

or you could just make a porn game on patreon and rake in a few thou a month or something idk

Share this post


Link to post
Share on other sites
My 2 cents:

Buy a lottery ticket, or go to Las Vegas ROARING drunk and gamble. You'll have better odds of getting a fast buck than trying to make quick $$$ with "teh secrets of teh stocks" or bitcoin, especially if you're a first-time investor with no financial advisor backing you up. The world is built over the bones of such people. Don't be one of them.

 

or you could just make a porn game on patreon and rake in a few thou a month or something idk

I will think about the last one or sending the money to pona.

 

How about nvidia though? Their company is growing so fast right now and they basically have monopoly on gaming graphic cards.

Share this post


Link to post
Share on other sites
I will think about the last one or sending the money to pona.

 

How about nvidia though? Their company is growing so fast right now and they basically have monopoly on gaming graphic cards.

 

 

this is really interesting

nvidia stocks been growing crazy in last two years

nothing in comparison to AMD

 

i would actually through invest in AMD rather then Nvidia

AMD is allot cheaper stocks and they see from time to time huge spikes in their stock price which happens when they release new GPU or CPU

 

you can technically rack in a buck by investing into AMD now when they stock is good

and hope that they don t screw up their next GPU or CPU launch then sell that stock for 10x original price

 

 

i did some look up it seems that NVIDIA huge stock increase compared to AMD is not thanks to gaming gpus but to AI data center growth

"All of the world's major Internet and cloud service providers now use NVIDIA Tesla-based GPU accelerators: AWS, Facebook, Google, IBM, and Microsoft, as well as Alibaba, Baidu, and Tencent. "

it grew by 186% in just one year and its only active for 3 years

 

it seems nvidia growth is thanks to a new industry monopoly they set up but i doubt it will be growing much harder anymore

and no nvidia does not have GPU monopoly AMD keeps bashing them in hard with cheaper GPUs that are sometimes even better

Share this post


Link to post
Share on other sites
this is really interesting

nvidia stocks been growing crazy in last two years

nothing in comparison to AMD

 

i would actually through invest in AMD rather then Nvidia

AMD is allot cheaper stocks and they see from time to time huge spikes in their stock price which happens when they release new GPU or CPU

 

you can technically rack in a buck by investing into AMD now when they stock is good

and hope that they don t screw up their next GPU or CPU launch then sell that stock for 10x original price

 

 

i did some look up it seems that NVIDIA huge stock increase compared to AMD is not thanks to gaming gpus but to AI data center growth

"All of the world's major Internet and cloud service providers now use NVIDIA Tesla-based GPU accelerators: AWS, Facebook, Google, IBM, and Microsoft, as well as Alibaba, Baidu, and Tencent. "

it grew by 186% in just one year and its only active for 3 years

 

it seems nvidia growth is thanks to a new industry monopoly they set up but i doubt it will be growing much harder anymore

and no nvidia does not have GPU monopoly AMD keeps bashing them in hard with cheaper GPUs that are sometimes even better

Hmm, there could be a risk if one of the major companies change from nvidia. If you keep up with that though. Nvidia seem solid. They seem more established as a solid brand. AMD stock are cheaper though, which can both be a good and bad thing. Both seem solid though.

 

Edit : AMD growth is also gonna appear larger since the stock is super cheap.

Share this post


Link to post
Share on other sites

If you want serious advice, screw fast growth. Even if you invest 10 000 USD, and get 10X the return, you will still only have 100 000 USD, so you won't be a millionaire. And I'm guessing you don't have 10 grand to play with. Invest it safe and long term, and be happy you have a more solid financial footing then most people.

Share this post


Link to post
Share on other sites
If you want serious advice, screw fast growth. Even if you invest 10 000 USD, and get 10X the return, you will still only have 100 000 USD, so you won't be a millionaire. And I'm guessing you don't have 10 grand to play with. Invest it safe and long term, and be happy you have a more solid financial footing then most people.

Well, probably shouldn't say what i have.

 

But yeah guess you're right.

Share this post


Link to post
Share on other sites
Well, probably shouldn't say what i have.

 

But yeah guess you're right.

Why not? Its not like we have poor slavs here, ready to steal your money.

[ATTACH=full]6641[/ATTACH]

Share this post


Link to post
Share on other sites
100k USD is enough to live in lithuania like a king for 10 years

 

But what would you do after 10 years are over? Die?

 

You have to think longterm because one day that longterm will be today, and you'll be wishing you had done things to provide for it.

Share this post


Link to post
Share on other sites

What if I lived like a prince for 20 years?

 

But yeah you aren't likely to come across many big chunks of money in your life. Invest responsibly.

Share this post


Link to post
Share on other sites

Commission me to do some art for you and sell it for thousands more.

 

I can draw and paint just about anything you'd like.

Share this post


Link to post
Share on other sites

If you manage to turn 10k USD into 100k USD, then you can reinvest a portion of that to make even more money. You can say slow growth is fine (which it is) but Steak specifically said he wants to make quick profit, which you can only do if you take risks. He also said he's okay with that. My advice would be open a securities trading account (look around for low fees), use a virtual stock exchange to try your hand and get an idea of when stocks go up or down, and never invest money that you aren't prepared to lose.

 

A REALLY risky way to make money would be to gamble on low-value cryptocurrencies, aka "shitcoins". They fluctuate wildly in price (a lot will rocket 100+% in a day) but because most are being pumped and dumped if you don't sell out your coins will be worthless.

Share this post


Link to post
Share on other sites
Put it all on black.

I know it's a joke but still. Gambling is literally rigged in favor of the house. The open market is quite different.

Share this post


Link to post
Share on other sites

Look into buying put and call options for leveraged, high risk bets that will give you higher gains than stocks, if they give you gains at all.

Share this post


Link to post
Share on other sites
Sign in to follow this  

×
×
  • Create New...