Is there anything you wish you had been the person who invented it?

Asylum Patient

Asylum Patient

I want money
May 13, 2021
4,340
Nah just sad i didnt buy bitcoin back in the day i never want to contribute anything to soyciety
Very relatable. I always miss the boat on trending & lucrative new opportunities. Bitcoin is a perfect example but what also comes to mind is the online T-Shirt selling business. [UWSL][UWSL]When I discovered it and wanted to get into it, the market was already oversaturated af.[/UWSL][/UWSL]
 
Asylum Patient

Asylum Patient

I want money
May 13, 2021
4,340
I have many ideas but no patent no protection
Patent applications can be quite expensive. They can even go higher than $10,000 as far as I know.
 
Optimus

Optimus

NEET
Jan 8, 2022
561
Yea mostly investing opportunities like bitcoin or real estate. Being anxious and distrusting of everything does not make for a good investor, who usually take risks. Sucks being like this.
 
Asylum Patient

Asylum Patient

I want money
May 13, 2021
4,340
Yea mostly investing opportunities like bitcoin or real estate. Being anxious and distrusting of everything does not make for a good investor, who usually take risks. Sucks being like this.
Absolutely.
 
NEETzschean

NEETzschean

NEET
Dec 17, 2020
94
Yea mostly investing opportunities like bitcoin or real estate. Being anxious and distrusting of everything does not make for a good investor, who usually take risks. Sucks being like this.
Highly successful investors are risk-takers almost by definition but I've found when gambling that I have had less success when I took more obvious risks. The best bets in my experience are the near-certainties that the "casino" does not recognise as such. But I'm only just under a year in, so maybe even this will backfire in the very long term.​
 
Optimus

Optimus

NEET
Jan 8, 2022
561
Highly successful investors are risk-takers almost by definition but I've found when gambling that I have had less success when I took more obvious risks. The best bets in my experience are the near-certainties that the "casino" does not recognise as such. But I'm only just under a year in, so maybe even this will backfire in the very long term.​

Yea its so tough to figure what is safe to invest in, there is so much conflicting info and relying on anecdotal experiences can also be risky. Wish you well in your investing endeavors bro, hope it goes smoothly for you
 
NEETzschean

NEETzschean

NEET
Dec 17, 2020
94
Yea its so tough to figure what is safe to invest in, there is so much conflicting info and relying on anecdotal experiences can also be risky. Wish you well in your investing endeavors bro, hope it goes smoothly for you
I'd like to invest in property. It tends to increase in value, you can rent it out and live in it. It's versatile and useful in a way that other investments aren't: gold is tangible but not useful to me, crypto/stocks also aren't useful and are not even tangible. Gold is more reliable than crypro/stocks and holds its value pretty well but the long-term returns are relatively small. The problem with property is the price; you need a hell of a lot of capital to buy even a lower market rentable property in a 1st world area that isn't riddled with crime. And if you're a NEET, good luck in getting a mortgage. It may be best to co-invest but for that you need a reliable partner or partners, people you can trust totally, ideally family.

I went into gambling because I don't have the capital for real estate and it's more meritocratic (imo) than stocks/crypto. I feel I have more control: if I make a correct prediction on a fight my "stock" goes up, if not it goes down. With other investments they may go up or down virtually inexplicably and there isn't a clear time to buy or sell. I'm sure some people can make it work but I don't have the inclination for it.

I can't recommend gambling as being financially beneficial, at least not relative to the amount of time I've put into it. It can get easier as time goes on but you can also become complacent and overconfident with consistent success, then it catches up with you and you start losing. Then you might start making excuses and chasing your losses. Almost 90% of gamblers lose in the long run and most of those who win don't make much. I know people in my family who have found themselves in big financial pits. The bookies are pros; it's very hard to find a consistent, long term edge.​
 
milkistermoo

milkistermoo

NEET
Dec 2, 2020
2,890
Not really. There is nothing you can invent that would earn you respect. Look at Elon Musk, Bill Gates, Robert Malone, Dana White, Bezos.
 
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