I'm a total n00b ready to toss my first thousand into investing. What app should I use? Acorns? Robin Hood? or Stash?

I've been looking into Amazon, they're been steady growing for years, so from my brain is telling me they're a sure shot at growth. I don't know about Tesla, but I just read France is supposedly going to ban petrol by 2040 or some shit like that. I think green is going to go big, but I wouldn't jump into Tesla. I think ww3 will seriously change shit and I think it will happen by 2025. 2040 is a long way away and they probably won't ban shit when the time comes but I think the plan will affect the movement towards clean energies.

OP here, I do have another question. I do have some debt that I am making payments on and some other debt that I'm not making payments on. If I were to invest in stocks and/or crypto is that something they could take without asking?. like could they legally/or even illegally just wipe my stock investments and take it so that it's theirs?.

Ww3 is the reason why I'm waiting to invest most of my savings. If things go as I predict Eastern Europe will be a heaven in10 years for investments.

Shit happens all the time. Also NSA spies on me watching porn. Credit cards get stolen everyday. Shit happens. Don't keep money on exchanges. They get stolening from exchanges being hacked. There's exchanges that have never been hacked and exchanges that get hacked every 2 days. Do your research

If you pull it out yes. Cyptros hole point is that government can't touch it.

>Do your research

I'm doing it now. I hear ya, I'm not trying to be spoonfed but damn, I only have so many hours in a day. It's better to get useful advice from a real brain than a webpage. You guys can give me the filtered info that applies to me instead of me wasting an 30 minutes reading a article that I only needed like a paragraph from.

>Don't keep money on exchanges

So you're saying that exchanges (stocks?) are just as susceptible to hacks as crypto is?. I've never heard of stocks getting stolen. I always hear about them plummeting and shit like that but never thought they got robbed. I know banks have been breached and some banks overseas have had their money transferred and taken but not sure if the same thing as stocks.

I'm not trying to bother you either. If you don't want to respond that's fine.

But you need to cash out somewhere like a bank right or some sort of set up financial institution?. Government doesn't eventually smell when it's converted to dollars or whatever?.

Also I come here for the cyptros if trading stocks is you thing by all means do so. But how about watch some docs on how the stock market is rigged. 99.9 percent of all trading on the stock market is done by bots. The bots see you wanting to buy a stock at a price. The bot buys what you want to buy first because he is quicker due to the connection to the market is short distance than yours then your order does not fill. So then it sells you the stock that it just stole for you at a larger price. There is some exchanges that stop this trade with them. They do this billions of times a day. Plus I think stocks are about to crash. Amazon crashed the other day for no reason. They just bought Whole Foods should have not crashed 80 dollars in 3 hours

Ya that's why I said they can take it when you cash out. But only way they will take it is when then sue you

>99.9 percent of all trading on the stock market is done by bots

sounds believable nowadays. This wasn't always the case though right?. What about wall street? like in the movies where you have people yelling "sell, sell". They still do stuff right?.

If the company that I didn't pay is a non-government entity do they automatically know if I've made a shitload of money? or will they have no idea?

They still do this for show I guess. There is the main line into the stock market that you trade to. There is one computer that runs the stock market. Say it's 2.2 miles long. A smart guy layer another cable to the stock market spent billions of dollars to tunnel under all the building. And we will say this line is 2 miles long. The 2 mile line gets there first due to the speed of light. So went you enter the 2.2 mile cable then it sees that buy signal and bets you to the computer. Now of course the bot pays no fees so it's a fraction of a cent every trade. You don't care about a fraction of a cent. But bot does this billions of times a day and steals a shit load of money. Most likely to help black people destroy the eu. I could go all day about stocks. Snap chat is valved at 4 billion dollars(not correct just a number) they plan on making there first profit in year 2025

Non government can't take money out of your account they would have to sue you and then the government would take it out for them

Also pay your bills it's a stress off your shoulders

Witch in 2025 the app will be out dated and no one will use it. Kinda like myspace or Facebook. A lot of people pay to advertise on Facebook. Just like on tv. It's a tax write off for company's that's the only reason they do this

Nah, I get that part, but is it typical that the business would all of a sudden know that I have mad money when I make it and cash out?. I'm broke now but if all a sudden I had mad money would they automatically be notified? or would they still think I"m broke unless someone else finds out and tells them?.

I hear that, but that's the only reason I have some money now to invest. I could pay them but it would only be a fraction of my total debt and then I'd be broke again and simply looking to pay them for the rest of my life. I want to see if I can make some money off of this small amount I saved up and then if it blows up pay them and shit and be clean on debt. But I realistically can't work and pay them all of that. I'm hoping maybe I can skillfully make the money grow because that's the only way they can possibly get paid.

>inb4 you shouldn't have gaind that debt

I wish I hadn't gone into debt in the first place and as of now I haven't gained any more debt since then.

fortune.com/2017/07/06/coinbase-irs-summons/

Reading this article man. Does this mean that at some point there is a possibility that the IRS can get the information for each person associated to each bitcoin wallet?. If that's the case then Coinbase has to either comply or shutdown right?. If they comply then it's a wrap, the government will know who has what amount in crypto?

Bittrex is great but also Yobit for smaller coins if you want to go that route.

>Bittrex

Just went to the Bittrex website and it said this on the first page "Based and fully regulated in the USA".

What does that mean to me?. I'm in the U.S. but isn't that a bad thing when people in the U.S. regulates shit?. As opposed to let's say Switzerland?.

I'm assuming they mean they reside IN the U.S. but aren't involved with the government.

What do you guys think of Lykke? I just ran into this. Still reading...still not fully getting it

Yes they are based in USA so they follow USA rules

Completely noob question: what are sat walls?

It's there wallets once the coins are out in space they can track the. You can wash coins it's anonymously. The more you go into space the more shit that gets real what are u not paying child support or something. Shit is taxed when you get paid

>I will be keeping a CONSTANT eye on my investments.
Oh goy, have fun losing all of your money

>what are u not paying child support or something

Nah, school debt. I don't mind it getting taxed, I just don't want them to grab all the shit and leave me with nothing.

Why do you say this?. It's typical for people to sell when things drop and in reality most of the time it means they lost out because shit will bounce back higher than when they sold it?.

Sat is satoshi, the smallest unit of bitcoin. Sell walls are prices at which a lot of people sell/take profit (same thing) and thus the price is difficult to push past that point, like a wall. When people shill cheap yobit coins they talk about the 2 or 3 sat wall, meaning the sell wall at 2 or 3 satoshis, which are the points at which a lot of people sell since they may have doubled or tripled their money if they bought at 1 satoshi.

bump, id like to know as well

Best broker for penny stocks? Is etrade good

Not him but that was too complicated for me to grasp.

Sat is equivalent to dogcoin or bitcoin or any type of coin right? just a much much lower value?.

So it's not growing because people keep cashing it out and it can't gain traction?.

Yes. Generally people who are new to trading (I did this when I got into crypto) obsess over their investments, and get panicky when they buy something and it falls since they're watching the price constantly. Combine this with a healthy amount of doubt due to conflicting opinions, and they sell quickly, miss out on longer term trends and can end up losing money

Thank you! So when people start pumping or buying more than what people are selling you go past the wall because suddenly it's more convenient to let the prices rise correct?

damn, yeah I hear that. But in reality it is possible that someone with some kind of really good intuition can actually make the right decisions right?.

I bet everyone thinks they have this though. Everyone thinks they're right. Obviously that's why they make the decisions they make. But since hindsight is 20/20 we know that most times people do this they're really fucking up.

No, a satoshi is a bit like a penny. Its the smallest fraction a bitcoin can be divided into, just like you can't get physical currency smaller than a penny. The things people keep cashing out on are altcoins, like dogecoin or whatever, except they're tiny. You might see threads for soulcoin, that's a tiny coin which I think is on yobit, which is an exchange notable for its tiny, shitty coins which people cash out once they get a bit bigger

Yep

Tbqh I think you make better decisions with a bit of experience, rather than superhuman intuition or anything. You get to know the patterns of a market since you've been through them before, and made mistakes etc

Got it. I didn't even know bitcoins could be broken down any smaller.

medium.com/@paulmillr/9-reasonable-cryptocurrencies-to-invest-in-17f3f993d1b5

read this article. He said something interesting.

>After buying the currency of your choice, send it to a wallet without an internet connection

How many of you guys follow this advice?. You don't have to cash out to do this?.

Can someone explain this chart to a inexperienced faggot like me? in terms someone who never messed with stocks could understand?

Yes, once your shit gets stolen, it's gone. Don't keep a significant amount of money in an exchange, you should be managing your crypto on your own. (Google hardware wallets, paper wallets, Electrum wallet, etc.)

Yeah it doesn't really mean anything, don't worry about it. I believe you can't purchase crypto with USD directly on Bittrex, so you'll be purchasing Bitcoins on Coinbase and then sending those funds to your Bittrex BTC wallet so you can invest them in shitcoins.

Is there an easy way to store non erc20 altcoins or coins not on the btc blockchain. Or does this nigga have to dl the software for each of these individually?

>What app should I use
TabTrader

>it's a tax write off
how does this make sense
they're spending more on the advertising than they'll ever get back

is there any way to use robin hood in canada

>never heard of Coinbase
>still "rolling dice"
>doesn't even know about playing Yobit dice
>not doubling his gains instantly