[Hu‎‎n‎TeR‎]

So, I'm turning 18 in a month and I've got about £3000 heading my way.

Would just like to know what everyone would recommend I do.

Open to any suggestions

Thanks in advance guys

[Themis]

cryptocurrencies maybe, buying selling btc

[Danny Khalifa]

cryptocurrencies maybe, buying selling btc

Yeah, if he has any ideas about cryptocurrencies then yes it would be a good idea.

But also depends on your studies.

[Hu‎‎n‎TeR‎]

Yeah, if he has any ideas about cryptocurrencies then yes it would be a good idea.

But also depends on your studies.

I've been trading crypto in the last couple of days and I've made a decent profit.

Just not sure if Crypto is going to be any good in the long term

[Tiscali]

I've been trading crypto in the last couple of days and I've made a decent profit.

Just not sure if Crypto is going to be any good in the long term

remeber that you could always go short on asset: if you think that Bitcoin goes down, sell and rebuy it at a lower price. 🤩

[Fortified Design]

I've been trading crypto in the last couple of days and I've made a decent profit.

Just not sure if Crypto is going to be any good in the long term

Don't do cryptos I had 10k to invest did some research on a couple of stocks invested. I invested all on one and made 58% profit in two days I'm sitting on 15k right now and the markets still open and it's already gone up 28% so I think I might cash out.

[Yin Yang]

I would invest it into your education

[Hu‎‎n‎TeR‎]

I would invest it into your education

We have student loans for that purpose

[Tiscali]

We have student loans for that purpose

Split amount between more investment:

1) 20% Strock
2) 20% Commodities
3) 20% Crypto Trading
4) 20% Daytrading Between past 1-2-3
5) 20% Cash

About suggestion:

1) 25% PIIGS - 25% USA - 20% DAX+CAC 40 - 20% BRIC - 10% Other Latam+Asia
2) 30% Gold - 10% Chopper - 25% WTI OIL - 10% Nat Gas - 15% Sugar - 10% Wheat
3) 40% Bitcoin - 20% Dash - 20% Litecoin - 10% Xmr - 10% New cryptos

---

We have student loans for that purpose

[Valeant]

I suppose it depends on what you mean by invest! You could take that ~$3.2k and stick it in an index fund and make 5-7% return a year, or you could do some momentum trades in individual stocks & potentially make/lose much more.

Crytocurrencies are a special kind of asset because those markets don't "function" in the same way structured markets do. They operate at all hours of the day, 7 days a week. You're competing against super computers processing immense data & trying to predict movements as well as human traders making decisions based purely off instinct. It's not really something you want to "ride" because those price movements aren't reflective of sound market dynamics. For example if you bought in on Jan 4th, you would have lost 30%+ by that same time 1 week later.

[Allelujah]

Fuck all this other nonsense. Invest into real estate. Save your money, find land or homes for cheap and buy it up my guy. Physical space will always hold value.

[Olympus]

I would have to agree with allelujah save your money and buy and rent out houses. But in the mean time save your money maybe invest into stocks and invest time in learning the stock market. Forex is also an awesome way to make money risky but the profits are worth it definitely need to study a lot and I recommend playing the demo for a couple of months before using real money. Just so you get a feel for it!

[Hu‎‎n‎TeR‎]

Thanks for the suggestions so far guys.

I don't think I have anywhere near enough capital to start playing with real estate but I'm going to have a look into FOREX and do some serious research before I jump in.

[Olympus]

Thanks for the suggestions so far guys.

I don't think I have anywhere near enough capital to start playing with real estate but I'm going to have a look into FOREX and do some serious research before I jump in.

Best of luck buddy i would love to hear if you have any success or mistakes and if you have any questions regarding forex or investing in shares let me know. Good luck :D

[Hu‎‎n‎TeR‎]

Best of luck buddy i would love to hear if you have any success or mistakes and if you have any questions regarding forex or investing in shares let me know. Good luck :D

I certainly will, thank you😁