For instance, my model 3 <:tickled:619648134561267723>

<:tickled:619648134561267723> <:tickled:619648134561267723> <:tickled:619648134561267723>

@Crippled Cupid with $200 in investing is good only if you aren't afraid to lose that $200 within a day and if you do your research that won't happen and then you can leverage your earnings to make smarter investments that'll get you more gains

But as with all things the knowledge that you need to do such a thing is hours and hours

Now I don't know about the Mexico government regulations but in the US to use margin you have to have at least $2,000 in your bank account

But as a beginner stay far away from money that isn't yours

^^^^^^

Do not take out loans or credit cards, as tempting or confident as you may feel.

That's the truth

Also stocks that may seem very volatile (penny stocks) away from those for now

@Frater C you invested in PLUG?

what are penny stocks?

Nah, I am not

Penny stocks are almost as bad as crypto in 95% of the case.

It's pretty good rn, do some research

Aghh

Avoid them.

Well

True

About a year ago I made some pretty good money off of crypto

I Don't recommend it at all

Some people are able to make big money off of penny stocks, but they are risky and volatile, it's more gambling and not worth long term investments.

but what are penny stocks

like, whats an example

For me, crypto and penny stocks are too risky.

You can get rich, but you can lose it all just as fast.

Penny stocks are stocks that are dirt cheap.

Yeah and if you want to make consistent money off of penny stocks you have to have a lot of data and you have to understand that data and come to concise and fast decisions

Penny stocks is any stock that is under $10 I believe

But not all of them are volatile

Most people buy into them hoping that it will go up within a matter of days or weeks so they can sell them. You can buy tons of penny stocks quickly, and sell them.

Aye.

Some arent volatile.

Exactly and so a ten-cent jump can mean a lot of money

There are rare circumstances.

If you have a lot of shares

yeh

Basically it's like this.. say you have a hundred people and all those people have a baby now you have double the amount of people you have

That is a bad example but you get the point

you have to give 100%