The pay is too little, so I want to day trade crypto to get out of poverty. Does Bloomberg allow crypto day-trading? I am a new employee. Blind tax: 250K (NYC) #bloomberg #finance
You will win one or two trades, get cocky, and give it all back + more. I lost many, many bitcoin over the years trying to outsmart the market. My advice would be to stack up on cash, find a side hustle or something and then invest aggressively in a basket of high beta investments in 2023.
thanks for the advices. What are high beta investments in your opinion?
Crypto is basically high beta I think
There is no restriction on gambling on crypto at Bloomberg. You earn 250k, there are more sensible ways to get wealthy.
You mean get into poverty I assume.