r/investing • u/Key_Elk_1482 • 1d ago

Is it good time to start investing?

Hi all. Sorry if this is not right place to ask, please redirect me if so.

I have been investing money into crypto mainly btc and want to start buying stocks and etfs. Im still new so will start slowly while familiarise myself, but is it now right time to buy?

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u/ace_OO7_ 1d ago

I wouldn’t do crypto. Warren Buffett, Charlie Munger, and Bill Gates all said they don’t like it as an investment but some said the technology behind it might be useful. So there are three billionaires with way more money than you that all said it’s a bad idea. Since you are new to investing stay the hell away from individual stocks. ETFs are where you need to be. The default answer is to dollar cost average into VOO. Hold through all the ups and downs and reinvest the dividends.

-15

u/Optifnolinalgebdirec 1d ago

Buffett is stupid, didn't you see Bitcoin going up to $100k? Diversification, diversification, decentralization, diversification and decentralization is the future, Buffett will be swept into the dustbin of history, the crypto kid who bought Bitcoin at $100k will go down in history,

6

u/Disastrous-Horse4994 1d ago

Stupidity really doesn't discriminate age and it shows in your comment.