it depends what your goal is
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Replying to @alicemazzy @SpaceGiko
if you mean long-term (as in decades) so that you will be more financially secure in middle age then it is reasonably safe/smart
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Replying to @alicemazzy @SpaceGiko
investing in index funds and such is basically betting the global economy doesn't collapse entirely
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Replying to @alicemazzy @SpaceGiko
which is a good bet because even if you lose it's not like dollars would mean anything anyway, and higher returns than holding $$
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Replying to @alicemazzy @SpaceGiko
if you mean hobbyist day-trading hoping for nontrivial short-term returns tho no don't do it it's a scam
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Replying to @alicemazzy @SpaceGiko
lowest tier of algo trading is basically just skimming money off the people who think they can make good stock picks by intuition
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if I were trying to make money off of the stock market short-term that is what I would be trying to do anyway
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