716
submitted 11 months ago by TehBamski@lemmy.world to c/memes@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] YtA4QCam2A9j7EfTgHrH@infosec.pub 11 points 11 months ago

The problem with betting on illiquid securities is that it would guarantee a change in that securities future. I’d probably stick with a big ocean of money to invest in like blue chip stocks because you personally aren’t going to change the market and if you have foreknowledge you can still make billions.

[-] foggy@lemmy.world 1 points 11 months ago* (last edited 11 months ago)

For something like trying to turn 300k into 25T on Bitcoin, yes, absolutely.

You could 100% become a trillionaire without significantly affecting market positions, though, even with just general knowledge and ~50 $100-$10,000 investments.

Compounding interest is a hell of a drug.

this post was submitted on 05 Jan 2024
716 points (94.5% liked)

Memes

45754 readers
1208 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS