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Started investing about a year ago

Posted: Mon Jan 11, 2021 8:22 pm
by Enigma
Kinda figured fuck it and threw $20 and played with some penny stocks that didn't really gain or drop anything, because, you know, .1% of $20 is barely noticeable, but it kinda got my feet wet.

Covid hit, which kinda fucked the stock market, but a lightbulb went off in my head at the right time because airlines were at their lowest lows so I invested a small amount more into airlines to kinda get into longer term investments, and I'm still waiting for that to hit big. So far so good though, because I'm up 10%+ over-all including investing more late into it. If things go right it should still double.

So now I'm closer to $200 into it, and about to double that by the end of Q1, and everything I'm doing is working. I bought and sold Tesla at the right time, I doubled down on Gamestop at the right time and should see a huge return on that, and I just picked up a penny stock that could still see a pretty big bump in the next two fiscal quarters.

I used to dream about being able to do this type of shit, and I'm honest to god learning how to do it. Over all I'm up more than my initial investment, which was coincidentally around Q1 of 2020, so I'm doing something right, now it's time to start putting more in so I can reap more reward. By 2022 I want to have my next couple long terms figured out, and be much better at reading trends and knowing when to buy and sell certain shit. I guess I missed out big back in October because I stopped paying attention to shit.

Re: Started investing about a year ago

Posted: Sat Jan 16, 2021 12:02 pm
by Fonaplats
We must have started investing at the same time.
Using Robinhood I got my feet wet but tbh I sold all my bitcoin for weed money back when it was at $9k.
I didn't have that much anyways and selling it was more of a way to just step back because I knew I had no idea what I was really doing.

I use a guy for investing my retirement with and I will say it has grown 43% in the last year.

I am interested to hear what some of you foresee the market looking like 6 months from now.
At the moment I am trying to be really careful not to lose all my money when the chinese annex our government using dirty filthy joe biden the kid fucking liar.