Topic: What ways can a trader raise money? (Read 647 times)

I am not offending against you here but if I use 5% or 10%of my weekly income for something, I would like to do it for investment, DCA, not for assigning more money into trading.

Trading is risky and a trader must afford to lose trading capital. I disagree to assign more and more money into trading weekly even just 5% or 10% of weekly income.

If we can not use our trading capital, to get profit, increase its value, we should not assign more extra money for trading.

5% or 10% of weekly income for DCA, to invest, and go with investment long term is good and can say better than trading.

Trading, regardless if you use small or big amount, you still have to prepare your funds to risk, that’s why you need to have a job, even a side job so that you can earn money to trade. With that, you can increase your chance to make more money if you are also knowledgeable and capable to trade. But if you only trade without knowing even the basics first, I doubt if you will end up with profits. Trading should never resort into gambling, as you never trade out of luck but out of knowledge and skills.

😃 I know that part. I once did that too and that was several years before I got to know of Bitcoin. It was my budding days with Forex trading. What I anticipated after I got the cash wasn't what I saw on the field of play, so to say. You know what they say about people having a strategy they think is the ultimate until they realize what they've is nothing. The long story, short – I lost that capital and had to wait several years before I could repay it. However, while I was unable to pay back I made sure
to frequently remind that friend I knew I was still owing him. It's not good to let money be a friction between friends. We should try as much as we can to avoid anything that will cause such a scenario.

Expecting one-on-one income on trading is completely unacceptable to my mind even though there are some people who provide tips for making profits every day.
Those who provide tips through content are also not people who don't earn money.
Just be short and once again I say, the most realistic option is investing, not trading.
Remember. A car without fuel cannot run.

A good idea indeed. It is difficult for some people but if we are determined by our goals, this is not impossible. Of course, abrupt adjustment is impossible but in the long run, it will be okay. Because a person who wants to achieve something is also willing to change something in exchange.
Money management still plays a big role here. Just like in investing, if we think that this will give us more money, then we deserve to change our lifestyle because, in the end, we are benefiting a lot.

I do agree with that, and that is usually investment, because investing into big names would make you a good income, not going to make you rich overnight but could make you rich enough to retire early when you collect enough of them, instead of retiring at 65 or 70, you could retire as early as 50 years old (depends on how old you were when you started to invest). This is why I believe that it would be a smart decision to put up as much money as you could on those big names.

However, I also agree that if you want to make more money, leverage, futures, altcoin pairs and so forth could be a lot better to trade because it would allow you to have some risky investments, but the reality is that you will do better if you are right.

There is no easier way to lose friends and break up with your girlfriend, how to borrow money from them to trade. And since, given the fact that trading is a high-risk business, it should not be excluded that you will lose the money you have borrowed.

Raising money to trade encompasses how far we can save money. If we are spending a sum of $100 a day for feeding, we can always cut it short to like $70 and keep 30 every single day. We all need to cut expenses if we really plan to make money from trading through saving funds. Cutting our budget could help us raise fundsfor trading since we can make money too from there.
Being disciplined is a good way to save especially if we are ready to cut down budget so we can have funds to go into trading fully.

It's always encourageable for people to have something doing before going into full time trading because as usual when they develop interest to start trading it could be hard for them to focus on other areas to make money since they would be aiming at maximizing profits. For newbie trading they really need skills and knowledge to start trading not necessarily mean they must start immediately and quite whatever job they had at hands rather they can couple it together and starts developing themselves gradually.

If he is a trader, then he already owns enough capital for his trading activity. He can now use his skills to earn profits that he can reinvest in his trading activity. Investing in someone's monthly wages won't make much difference for a trader. Because trading already requires a good sum of money and adding a small amount from your wages monthly won't be enough to make any difference. Another common way right now is participating in airdrop farming or earning yield from DeFi apps.

If you don't have enough money, trading is not possible. Because trading requires money. Without money, what will you invest in trading? So, first of all, you have to arrange money and then think about trading. If a person is in a job, then he is  Some part of the salary can be used in trading. But before trading, you must have enough knowledge about trading. And without being proficient in trading, invest everything in it.

Starting trading with a big amount is just a risk therefore one should take an initiation step with little amount but if someone is in will to buy Ethereum and Bitcoin then only trading is not necessary with them but you can also hold it and using a big amount for investment and holding is not a bad idea.

Airdrops can give you huge amount but for it you have to work and sometimes people are in desire to earn huge amounts and to settle their life without using their own money and wants to get free rewards but I think if you spend money for investment and Airdrops then you will become able to earn according to your used sum.

If the newbie trader's father is has a Trust, well he can ask his pops for some money out of it. Afterall isn't he an heir?

Another way to raise money is just to ask friends. One guy's girlfriend loaned him $10k to start trading and he was successful. He got back the money and paid back his girlfriend. I know it is borrowed money but hey, it's his girlfriend and love don't cost a thing like they would say.

It will be difficult for anyone including family and lovers to give out money in support of your trading unless you show them that  you have the knowledge, market experience no matter how little and above all the return on investment that your strategy will bring.

Finding a job that can give us an income is of course very important because in trading we will not necessarily be able to make profits continuously and if we trade without having another source of income of course it will be very difficult for us if we don't trade. If we have a profit then we will not be able to meet our needs, there are many things we have to prepare to be able to trade profitably and it would be better if we can't trade well then we can continue investing as you have suggested and this is Of course, it has a smaller risk compared to trading.

The only way one can start up trading without having issues with capital is to have a source of income , without this it is impossible to begin trading. It is either you have a stable job or business that is generating money for you, this is how you can be able to start up. In trading you must have a personal money and you Don't need to depend on people for money.  Want thing you also need to understand is that the first attempt to trade won't generate money for you that you can be using for trading and that you will also depend on to solve your problems.

When it comes to fund for trading having a source of income is very important,  it is what will make trading to keep going and even if trading is not going well you can always fall back to the money you have.

Not willing to advise them to trade let alone the option of excluding them from having to get a profitable job because trading is not always in a profitable position.
Because you are not always in a profitable position, trading without a fixed income that meets other needs is not a good option because trading is done to enjoy and you must be prepared to lose.
The best option is actually not trading, but long-term investment.

If want to trade and want to earn a decent amount from trading you must invest there. And if you want to do safe trading then you need to start trading with big amount.  Because you must trade with coins like Bitcoin, Ethereum to stay in less misery. and they have low volatility rate so you cannot trade them with small amount and make a standard amount of profit. Bounty airdrops don't currently offer good rewards. some airdrops offer huge amounts, but even there you have to spend money. So currently you can't earn quality money completely free

If you enter into trading, you will not have money to sell the coin that you want to trade. You won't see any trading that got coins that it didn't buy. Unless you got rewards from a bounty campaign or airdrops, you just did the task needed, in that case.

And I know there are many people like that here in this forum who are able to do that without spending any money, but in the long run, they receive payment because of their participation in campaigns.

How can you exclude the most important option which is having a job before trading and even you trade a side hustle is needed. Do you intend that such individuals such steal, commit crimes just to have funds to trade. Knowledge is the first and basic criteria no doubt but in as much as knowledge is important, you need have a source of income before trading so as to remove unnecessary pressure from yourself and avoid emotional discomfort during loses.

Rule 101; In Trading

Never borrow, try to convince strangers to use there funds to trade in anyway.

OP, if you are inclined in trading I think you would have understood this better.

If you ask everyone to exclude the option of getting a job to save up money that they will be using to trade, then what next do you think that people like that should do? Do you think they will be advised to take a loan to trade, and after making profits, they will pay back their loan? Or do you want people to ask them to sell their properties just to make money to trade? I will never ask anyone to sell their properties or take out a loan to join the crypto space. It might be bitter to you, but the truth is that the best way to raise money to trade is by getting a job.

No matter the knowledge you have, never take a loan from anyone just because you want to trade, it doesn’t make any sense to me, and that’s the least thing I will do or encourage anyone to do. I would rather stop trading if I don’t have money to trade than take out a loan.

I recommend continuing to look for work to earn income and then setting aside a small amount of income to invest. Because investing doesn't always require a large amount of capital, we can simply do dca every period when we have money. View trading/investing in the long term, not the short term.

Because after all we already understand trading and understand trading, it is not good if trading is too forced even though we don't have money. This will later have an impact on debt problems because they are too motivated to trade so everything will be done to be able to trade. So the point is, focus on looking for work, especially now that looking for work is very easy using the internet, the important thing is to have the will.

Aside money challenges. Is the trader in question knowledgeable if I may ask, Not every trader earn from trading direct because most knowledgeable traders set live streaming videos and educative videos without spending much money during the process, the only stress here is building the followers and get the knowledge on how to pass information to the public. Lastly if the trader is new and not knowledgeable with no job then it’s difficult earning so quick, hard work can help or rather being focus might help but still doesn’t guarantee quick profit.

I think he is only trying to help there, though some of his suggestions might be foul to some of us already but I think we are already a big boy or a big girl and we already know what's right and wrong. I also don't think that a person will just trust someone else with their money just like that, especially if they are tight in budget.

This can apply even to the people that we already know, even if we will show a proof to them and if it's true that we are good at trading, then why we will still beg money from them? We should be rich by now, right? hehe. If we are a trader, trading is already our way to raise money but it may be secondary, tertiary, and so on.... only for some.   

If you have the knowledge you need to do something just to have money and ideally is to have a regular job, now that time you can now make a trader after your shift so you can make a side hustle in trading as your second job, its not the same with the first job that you will regularly have an income per cut off because in trading its all about the market and how you execute and strategies your trades to lessen the risk and gains.


I do not highly recommend this because this is sometimes the root of the problems and conflicts with money and relationships. Just earn on your own so you don't experience blaming once the market crash.

It is when you have good capital you will be able to enjoy your investment in cryptocurrency, its not as if you won't enjoy investing investing with small capital but when you invest with good money you make good money also in return, not something to pressure your self about. Just do what you can afford we can not underestimate little beginnings.

I don't think trade will destroy anything it depends on how you trade some people are to greedy and that is why people that lose all there money to trading ask them very well what they did you will see that the mistake is coming from them. And they have only there self to blame for taking such risk. There people that trade without any source of income and they are doing very well. How everyone operates in crypto differs.

Look even if someone here tells you how to satisfy someone to lend you money to invest in crypto even then it is not advised to put that money in trades.

Crypto is a very volatile source of income and if you'll invest someone's else asset into it then it'll be very risky for you because you can have loss and it'll be very difficult to answer that peeps then. So it's more advised to do some hardwork earn enough that you can afford to lose only then invest into crypto.

Trading requires good capital. Those who do not have capital at all, can patiently work elsewhere and gather capital or start a business that can give them some capital to start trading because if a person uses all his money that was saved from a business and starts trading eventually, he destroys that money on trade he will need to start over again by looking for capital.

I always advise my friends who want to start trading to ensure that they have another source of income that provides for them because one cannot rely on his trading money for emergency funds, reserve funds, and other expenses.

I agreed with this that having a stable job and at the same time exploring, polishing, and also earning in trading is much better. I get that not all people with stable jobs could focus on trading and utilise the profit, but it doesn't have to be that way. There are many kinds of ways of trading, and one of them is day trading. Personally, I do day trading, but of course not every day because sometimes it will exhaust my mind from work and trading, but I can't let myself let go of my job to focus on trading. I know how stressful and hard trading is, and I can't take it every day, so it will depend on the person on how strong he has and how he will utilise to gain profit in trading.

I don't get it. What is the OP up to or saying? How could a person have money without working? Of course, a person who wants to try trading or earn money through trading should find a way to have capital, and having a job is one of them, even part-time or what, or even doing an online job. The end point is that you need a job in order to have money.

Build a verified track record that's proves your profitability. I know a free platform like MyFXbook or paid ones like Tradezella or Darwinex that if you connect and link your account it will make you a verified track record. In this way, you can create a website, a youtube channel or instagram account that you can advertise yourself. Then ask for people to put money and invest in you. There are a lot of rich people who's looking for investment and if you have a track record of profitabilit, they may invest in you.

That's the most professional way you can do so you make invest in you then you can have large amount of capital to trade with.

In this case, he could resort to margin trading, which is vaguely reminiscent of taking out a loan from a traditional bank. But what I am sure of is that no one will give their money to trade to a trader who has no experience in trading and who has not been able to earn for himself.

in norms trading supposed to be meant for people who have job already, a beginner is not supposed to use trading as the key of work because theirs two things involve in trading its neither you have another job and take trading as a second option for your job, because in trading the disadvantages is higher than the advantages of trading and its something we don't know, so in trading we need to know that it has to do with risk and beginners doesn't think of that because they don't know what a trading may result in their life..many people who rush into trading without gathering the information of trading has lost out due they couldn't pass through advice before they established trading..we to read of trading very well before we go into it because it lost you experience once can make you to go into depression.

In that way, it's true that you'll get some money.

But in real life, there should be more of what you do because that's going to be your possible real livelihood that can support your trading activities when you're ready to engage on it.

Some think that it's best to rely wholly to trading when they think that it's going to be profitable. Little did they know, it's not the entire thing that they're expecting to come when they do it in actuality.

This is true, but I always suggest the same thing to people; join campaigns here. It doesn't matter what it is, it could be some horrible bounty, will get you started, maybe you will get zero but at least your name would be here, but of course it would be better to get paid in btc or usdt in some good campaign.

Why do I suggest that all the time? Because that would mean that you would have some money, every week, coming into your account. Doesn't matter if it is just 10 dollars per week, or 100 dollars per week, the numbers and the size of your capital would change, but what you should do doesn't change. You would be able to raise some money that way, put it in some exchange and you would be able to start trading with it eventually.

What is the use of learning to trade for the sake of knowledge when you know you don’t have the funds to start trading because trading requires funds and without funds there is nothing to trade. Seeking knowledge when you don’t have the capital to start trading can be a waste of time because certain things requires immediate practice and without money it won’t be possible, although it is not all bad to start learning ahead if you are certain in a few weeks or months your capital will be ready.

It won’t be easy but when you’re determined to trade and you have already started learning or learned how to trade then you must have thought of a way to make money for trading, if you haven’t then i think you havve to look for physical means of earning money otherwise i don’t see any other way you can since trading requires start up capital before one can start earning from it

Getting a job doesn’t have to be a good paying one, it can be a job that pays little but with fhe determination to trade he should be able to save up for a while. If not I don’t see how he wants to make money other than this way.

Trading is very risky no matter how well you think you understand it profit is never guaranteed so convincing people to give you money to invest in trading is not ideal. To invest you should only invest money you can afford to lose because trading is not guaranteed and one can easily run at loss.

Doesnt matter on what are the aims into your mind or inside of it on why you have engaged into trading since it would really be still on having on the same aim on which is to make money whether you do find for other source of income or having some extra or would really be having the interest on dealing up with the market. The important thing on here is that you do know on how to deal up with the risks involved with it.

You cant really just that dive in without having that proper preparations on which this is something more important and something that you would really be needing up to consider because you cant really just that
make yourself that deal up with it without any preparation on which it would really be that a common approach that you would really be needing up on having that kind of preparedness.
Loses are inevitable and this is where experience would really be differentiating to each other but well it is really that common because as you do go forwards you would be having that kind of
adjustment and adaptability.

Sorry, but there is no other option but to get a job and earn the money necessary to trade, how are you going to convince other people it give you their life savings when you have no experience at all as a trader? You are basically proposing that they choose you as a money manager when you have no experience or track record, put yourself in their position, why would they do that? Just because you promised them to make some profits with that money? It is not going to happen, if you want to become a money manager that is acceptable, but you need to put your capital at risk for a few years and make more money with it, if you do not do this, you are not qualified to become a money manager or a regular trader.

Am sure if the person in the context has good collateral, they would go to the bank to take out a loan inorder to fund their trading journey.  Even if there are loan apps that could help out in this loan department, it would still be much discipline needed inorder to be able to trade and make profit and also fulfill the terms and conditions needed to be in place after collecting the loan from loan apps.
Am sure if there are angel investors who believe in the ability of the individual in question, they would invest or fund the persons trade journey so that they can make some side profit.
There is also what is called funded trading where sites allow potential traders to register and apply for funds to trade with, and when such a trader is successful, such as some percentage from the profit is refunded until all is complete.

I would say that he should be more realistic in his life. Because if he thinks that he can make money from trading, by only relying on the money his parents gave him or money by selling the things he owns, then he could end up failing. Because in fact the world of trading is crueler than imagined. No matter how much he understands fundamental or technical analysis, it could be very different from what he designed. So instead of ending up with a heartbreaking failure, it's better for him to look for work and then later he can trade with the money he has. Unless he is very stubborn and really wants to trade, I will not stop him, because it is his money and his right to gamble.

And what prevents him from going to a traditional bank and applying for a loan? After all, you wrote that he is confident in his knowledge, so his trade will bring him profit, which will be enough to pay interest on the loan and subsequently repay it.

It's the same as asking how to start a business without having a capital. Mostly will just say to find something to earn with and that's how you can earn and roll your money through trading.

If the newbie is up there to learn knowledge, go with free features that an exchange have. You can have those demo test trades that you can play around but don't expect that if you learn from there, it'll be the same with real world money as you deposit afterwards.

Nowadays, we get to see questions 'how to make money without sweating'.

Let me be frank with you now, we can't exclude the safety of people securing a job before engaging in trading, this is the only way they can calm their nerves doing it. Many would say that they can do it, but after many years, have they done it? That is part of the issue. Trading would have been better in terms of the money people gain and their consistency in it if they were not so desperate about it, and this desperation is as a result of the lack of a quality job they can fall back on if the money they are trading with was lost. This will always cause emotion for traders and no matter how you think you are good, once the emotion creeps in, then your trading account is technically finished because sooner or later, you will hit the margin call and will be stopped soon after. That is why the psychological part of trading must first be taken care of before trading if you have the opportunity, you can't just remove that from it.

However, if your view is to be enforced, then it could be good that they at least engage in some menial jobs still, there is no alternative to that. What helped me in trading today was my persistence in depositing one way or the other and I am happy to tell you that I would have blown more than 100 trading accounts before I became a consistent earner. If one has no job or a means of replenishing the trading account to continue learning, do you think it will be easy? Regardless, such a person may still engage in some posting for bonus activities of some brokers and try demo contests to try and gain funds. If they work for him, then it is still a good bargain.

It's actually good to have job and at the same time trading. I know a lot of people who only do day trading but they have good profit, though it is really depends on the trader what fits for them but personally if I have job. But I also know someone who leave their job and become a full trader, the risk here is that you'll lose a consistent source of income and if you rely on trading which is not always winning, it's risky to lose your job but if you are confident with your trading, I don't see reason why you should stay at your job.

I think what you said is clear enough for everyone to understand because everyone does not have to sacrifice their main job which has long provided them with an income in order to live. Because trading in the crypto market can actually be done at any time when someone is ready to do it, although it would be even better if when trading, the market conditions are also in good condition. But the main job that can continue to provide income every day or every month should not be ignored because with that we can develop more jobs in other fields including trading.

You need to do your own research before tradinghttps://www.coincarp.com/learn/what-is-on-chain-analysis-and-how-to-use-it-for-crypto-trading/

You know that even if anyone enters the crypto trading field in this industry is if they do not have an interest lesson or find out the Crypto trading I think they are also ignoring the work, but it is also a waste of time The source of income they will use in conducting trading activity here in the crypto space.

It's still better to have a stable job so they have a cryptocurrency -buying money that they think will provide earnings in the future, just as simple enough to understand?

There is nothing wrong with learning, everything should be learned, what is learned is never wasted, whether it is trading or any other knowledge, it may come in handy sometimes. Even if you learn it, it is very difficult to do trading without investment, because what you have learned will be done by you and not by others, so it is very difficult to convince anyone to invest in trading. Yes, if you are lucky enough that someone gives you a loan to invest in trading, then it can be said that you will be successful, but it is not as easy as it sounds. Just think if anyone asks for your money that I am investing in a place where there is a possibility of profit and it is also possible that the whole amount is lost.

Would you be able to pay him a large sum as consolation? That's why I always say that if you have little income or no income, then you should first find another source of livelihood from which you can earn your income, save little by little from it, and when you are sure that you have accumulated a good amount, then you can start trading.

Well if the trader is actually good and they don’t have much income they can set up one of those trading services where other traders can copy them for a fee.

I think Bybit or Binance do this. If the trader can easily double his account every week for a couple of months then many will copy him. And those who trade larger position sizes will contribute to his fees.

Precisely. There’s no such instant money that is just intended to trade and expect profits. It’s either you save it for long or you keep your spare money out from your job compensation. There’s no one out there who will just give money for free so you can use it in trading.

Now, if you’re new into trading, there’s more to mistakes and losses than enjoying your trading profits. And we all know that since trading is always hard at the beginning. And in order to gain more experience in trading and enhance your potentials, then have a real job that will pay you fixed amount so you can spare some extra money into trading.

Please be kind to others and don't do this if everyone is reading here and thinking of this as an option.

Don't mess around and don't bother other people that are quiet with their own lives and you'd suddenly appear on their lives and try to convince them to fund you even if you're not a good trader.

I've seen good traders that are true profitable but avoids this kind offer.

Advice? Don't trade. That's the best advice that I can give to a newbie.
Always take note that the market doesn't care about you. It doesn't care if you lose millions of dollars, or if you lose money that you saved for 10 years.

The market is very brutal especially for newbie. A newbie trader that has it's own money has a high chance to lose his money because he doesn't know everything. It will be hard for the newbie to make money in trading knowing that he's still a newbie. Instead of him earning money, he might be earning disappointment and regret. No source of income? That's ridiculous. Where will that newbie get that money lol? Begging might be an option, but at the end of the day, that newbie will not make money in trading.

Trading without your own capital is almost impossible unless you're an expert trader and you can convince other people to give you money and you will trade those money for them (which currently is not advisable as well). Newbie trader? No source of income? He want's to trade? It's a recipe for disaster, and I would suggest to stay away from trading, and find a source of income first.

It's really impossible to trade without capital, especially for newbies and to young people who doesn't have a job. It's also not good that they would ask for money to others or encourage them to invest in you and you'll do the trading. I would really advise to save up some money in doing some kind of work (I know you said this is excluded but it's impossible to trade without capital) and not because they are working and has a good paying job doesn't mean that they will not trade.

Most of the people who have good source of income still invest and trade cryptocurrency not only to multiple their money or have extra income but also as a form of investment too.

It is difficult to suggests someone who does not have any source of income to start trading. They must have a source of income so they can allocates some money to learn trading and start trading. That situation was possible in a few years ago when someone could still gets the coins from faucets and then used it to trade.
But they can gets capital through airdrop programs which can allows them to get tokens or coins and send them to the exchanges. They can sells their tokens or coins and then traded. But we know that not all airdrops can provide decent results.
I would advise them to use a demo trading account to learns how to trade until they really understand. Maybe I'll lend them as much money as I can afford to see how serious they are about learning the trade.
But they must be able to have a source of income first so that they don't needs to borrows money from other people and can also meets their daily needs.

Without knowledge and other sources of income, trading will be the worst risk to carry because you must lose, no doubt. So how did you expect him to save up some money and dive into trading? He is still a newbie in trading, which is similar to his critical time in trading. Without a strong source of income, if you go into trading, you will end up losing all the money that you have gathered, so going into trading must not be for someone who has no source of income.
 
If not, he or she will be completely bankrupt, which will definitely confuse him, and from there, the interest will reduce due to the loss of funds. So, whenever you give advice to someone about trading, you should always make sure that you are open and telling him the true facts. Don't try to persuade him in any way, it might be very dangerous to him in the trading space.

Those that have the resources before going into learning to acquire trading knowledge, I think it will be very easy for such traders to grow higher in the community, because they can use huge amount of capital to purchase coins from the market and hold for the bullish season to appear before they can trade to make a passive income from the trading. Newbies can achieve their goal in trading, if they can exercise patience to acquire the knowledge of trading before looking for what to do around their environment to start saving some money that will make them to be part of another bearish season that will make them to use the money to purchase profitable coins, that will bring good results from their trading in the future. I don't think, strangers will invest through newbies, because people have experienced a lot of losses from newbies which will be the reason people will not invest through newbies, but if the newbies can endure, they will definitely generate capital to trade.

A trader who is going to start a business in a new state and has no source of income or no capital I would suggest that first he should get enough knowledge about the business and secondly he should find a source of income. Because a person who has no capital or no source of income is completely dependent on trading, but he may face a lot of financial problems, that's why he needs to secure an employment from which he will get a certain amount of money every week or every month.
Whenever he gets a certain amount of money every month from another source of income, he can use that money for trading in addition to meeting his needs.

For me, I envy people who are newbie traders without any source of income. Why? Because they have very plenty of time to learn trading, practice, and master.
While people who got other things to do like other source of income or full time job, they may busy sometimes and don't have more time to learn trading or do trading actively.

Without going to get a job I think one strategy that knowledgeable traders use to get money to trade is to either sell their course or start paid tutorship. There are many traders out there that don’t want or cannot self learn so they pay for mentorship. Traders with knowledge with much capital offer this services. Another one so they sell signal they generate. Although I don’t support newbies going for this especially paying for signals, but it is a way some traders earn. So a knowledgeable trader with little or no capital can actually offer paid tutoring for complete beginners.


This is most at times called account management. This is the riskiest thing to do in trading no matter who knowledgeable you’re. If a trade goes wrong and the funds lost most clients ask for their capital back. This is same thing as borrowing money to trade and it is very bad that has even worsen the situation of a trade self

You're asking people to exclude the option of getting a good job, but that’s just the best thing to do. If you have searched for a job and couldn’t get one, then you can start participating in all these online services. If you have any skills, you can just display them on the forum here, and anyone interested will contact you. You can also participate in bounties and airdrops. If you are lucky, you might be able to raise a small amount to start trading, but we should know that most bounties and airdrops are currently scams, so you have to be careful.

That's what I will never advise a trader to do. No matter how professional you are, you shouldn't borrow money from anyone to trade. If you borrow money to trade, in case things go against you and you end up losing the money, how will you be able to pay it back? If you are trading with borrowed money, then you will be under tension, which might even cause you to lose money easily. Just make sure you trade with your money, which should be what you can afford to lose.

I highly doubt newbies would be able to persuade others to invest in them, most people would just assume that they're a scam. The small percentage who would believe that they aren't a scam probably wouldn't agree as well since, well, you're a newbie. Why bother with you when there's more experienced traders you can probably hire to manage your portfolio no?

Honestly excluding the option of them getting a job is just dumb, the only method you'd be able to earn and save up money IS by working. Doesn't matter if it's under a company or freelancing, they're both work.

In order to become a real trader who receives profit from trading, it is necessary, in addition to knowledge, also experience, which cannot be obtained without practice. I am sure that he mistakenly believes that he knows how to trade. So he has only one option, to earn in real life, and if he doesn't want to work, then let him try his luck at Powerball.

If indeed the situation you do not have money to start your trading steps then I think there is no other way than you make your own money in any way, you can not exclude how to make money by "working or adding work" because this is the only way to make money to be used as capital for your initial trading steps, because in the world of trading it is really not recommended for a trader to borrow money or convince others to give money with an agreement and agreement on profit sharing, one of the reasons is because after all trading will not always be able to make a profit every time.

You can never rule out the aspect of possible risk in trading, because simply put anything that has a chance of making money will always have the possibility of losing money. We must understand that trading is not as easy as turning the palm of the hand, a trader is required to always have a rational mindset and a calm situation when running a session in order to make a truly correct decision, while not taking loans or trading using other people's capital will be able to affect psychologically in your mind? obviously, and this greatly affects decision making, and I think you should already know that it is not uncommon for a trader to end up failing because of the pressure in his mind when they trade using borrowed money or capital money provided by other parties on the basis of an agreement, so the point is that it is better to use your own funds so that you can be calmer in terms of analyzing a market and if you don't have the capital to step up then the only way is that you have to work or increase work.

Newbie without capital toe start trading journey is not yet a trader, we can refer to them as learners because people who trade are called traders, which implies that you need capital before we can call you a trader.

If we exclude the option of them having a job before earning money then how can they earn money to start e trading?

For them to have money to start their trading journey, they have to work for the money because no one have free money to give them. There is no their option to start than to work for money and start their trading journey; they can be using demo account to get some experience.

that would be a scam. When you have no trading experience, then what exactly does a beginner have to offer to entice someone to part with their money as capital for a novice trader?
Maybe the novice trader can learn the strategy well and try demo trading. the results may be amazing which increases their self-confidence. but looking for donors for beginner trading is very illogical. unless those who give are family members who feel sorry for you.

it is important to understand that trading is not just about skills that can be learned. Experience managing your finances is also required.

If the person doesn't have a source of income and starts trading with the hope that he will earn money regularly and will not have a need for a job, then that person is hugely mistaken. Regular trading is only for whales and for those who have lots of money and guaranteed source income. Never make yourself dependent on trading profits, never.
Newbie trader without any source of income has to get the income at first, there is no other way to gather money for trading. It's very risky to sell a house or car and invest in trading, especially for newbies who don't know what skills and self-control they have on themselves. It's also too late today to invest in a coin that will generate serious income, you can't expect 100x income quickly today when the crypto market is so saturated but it's possible with luck. Sorry, but there is no 3rd way.

Even if you have knowledge about trading does not mean you will profit from it without losing . So for me, anyone who wants to become a professional trader and be able to make money in the market . The first thing they need is experience and must go through many losses to learn the most practical lessons because theory alone is not enough to win in trading . Therefore, people with no source of income or low income should stay away from trading, and should not intend to become traders if they do not have enough money to lose . I have not seen any professional trader who has never lost money and can make money right from the first trades.

You are simply contradicting yourself here. Remember you said that they are hoping that one day they will make enough capital to invest. Reading down, you said we should not say they should get a job. So, how will they be able to make enough capital without getting a job?

Now you have said the advice you want to give them. Someone who haven't earned $10k for himself. How will he be able to manage another person's $10k if given them freely.

By suggesting he take part in a bounty or airdrop? of course the most appropriate advice is to tell him to get a job, although it is not easy but I am sure if he has difficulty getting capital to trade then he will not be able to earn even though he has good trading skill, is it by giving a trading course because his trading knowledge is good? but he has never made a profit then his course is like a lie.
He has to look for a job if he finds a job and in the end, he is no longer interested in using his money as capital to trade. Of course, that is better, because trading is not easy even though he already has good skills.

With a small capital, you can trade, but in order to provide more liquidity, you will need more time. Therefore, instead of trying to enhance liquidity from trading, it is better to get a job and then invest the amounts that can be saved in trading. this will ensure that there is additional liquidity that comes to you in addition to the profits that come from trading.

It's not possible for someone who doesn't have a source of income or who didn't store money somewhere to be able to trade crypto, because it's not like a job that you do and you expect to get paid, it's risky business you can lose all your trading funds or you can make profits. The good thing is that a newbie without money don't have to start practical trading immediately, they can begin with demo trading, while they figure out how to raise money to start. There are different ways to raise money to start, but the best way is to get a job or another skill that'll guarantee steady income, then use some percentage of it that they can afford to loose, for trading.

A trader but no other source of income? he is not yet profitable and there is no magic answer with that. Get a job, a source that will assist your trading journey until you are already sustainable by trading alone. Otherwise, do demos if you are practicing.
This is also the challenge of many traders that are optimistic about it, well, the plan and vision seems to be promising but going with the actuality. You have to deal with the reality that you need to find by any means your source of income whether it is with employment, gigs, freelancing, buy and sell, etc.

maybe they can downgrade their electronics stuff I guess to make a capital for trading, since getting a job isn't an option anyway how can they make capital.
though honestly if you want to take the hard way you always can make money out of nothing like following airdrops that require you to use their testnet blockchain to certain extent maybe until hundred times so that when mainnet is live you can get rewarded, you can later on use that as a capital but following airdrop isn't always the easiest thing, its hit and miss.

other than that I could hardly think of any solution, money is really hard to come by if you have nothing in your hand, the only way is to exert that energy and get blue collar job which again as you mentioned not an option.
but other than that, you can always try to learn skill off youtube and make money offering freelance services.

Traders need to have trading capital because without trading capital, they can not trade.

They can have available trading capital at beginning or can start with demo trading, learn and during their learning and demo trading procedure, they can do other things to get money from job salary, airdrop and giveaways that can be used as their trading capital.

For the second type of traders, they must start with small money but there is common principle for both types of trader. They must defend their trading capital because it's most important in trading, and in investing too.

What other ways can they raise money if they do not work for it? If you want to start a business you will definitely source for the money through any channel that can fetch you money. Money doesn't fall like leaves falling from trees; you have to work for it, and the first thing to think of is to get a job. Yes, as the first comment also mentioned, getting a job is what can give you a consistent income, and from your income, you can invest any amount you want in trading. 

There are some people who usually take out loans to start their businesses, but trading is not like that. The volatile characteristic of trading implies that you should only risk the money that belongs to you, and it must also be an amount, either small or large, that you can handle the loss when you get liquidated. 

Nobody should try that. It's a recipe for disaster. Having mere trading knowledge isn't enough to win at trading because knowledge is theoretical while trading is practical. Except you meant if they became profitable they should speak to others to invest in them. Even at that, it's still not a good idea. Let people/investors come to you through your consistent result and then you read the riot act to them and make them sign an agreement that best suits you. When a budding trader goes soliciting funds they put themselves in a disadvantaged position. Don't do that.

For me it's too risky to bring a newbie too early into live trading he needs to learn first how the market works and how trading works and then learn almost all trading strategies and how it works.
Once he learns about strategies he needs to keep practicing I always suggest to use paper money in tradingview to train himself and optimize the strategies he learns.

Since you said if they don't have any source of income I suggest finding some source where he can earn something for free like from airdrops or just play some play to earn games out there because that is where my capital came from like Pixels what I earn from this game is my capital to trade I didn't use my money came from a job that's too risky because I have a family and I am the only one who raises them that is why my capital from trading comes from pixel game and airdrop from exchanges.




Why would you do that you will be blamed if they lose and attracting them by giving them money as an investment is not a good idea you don't need to babysit them they should know the risk and always tell them to do DYOR and they shouldn't invest that they can't afford to lose.

I won't do that to a stranger, even my close relatives; what's the best I can provide is knowledge and other helpful tips to help them. Raising money is risky if cannot be done safely, so to avoid being blamed or accused of being scammer then sharing a good thoughts from trading is very important just to make good use of hard earned money.

Of course money is required to trade but if that money cannot be withdrawn then trading cannot be done. Here you mention that money cannot be collected by working or looking for a job, then you have created the topic of how to bring money here. But I can say here that if a person is not able to earn money by working in job or any other way then he can save some money by working in cryptocurrency airdrop or bounty campaign and use that money for business. I don't see any other way. There are many people who are earning some money by working on bounty campaigns and there are many people who are earning money by working on airdrop campaigns but if they want to learn trading then they can bring that money to trading platform but I would say one to five percent money is better for beginners.

I do not think we should exclude this option because that is the best option as a beginner. You are still very new to trading therefore you can not be asking others to give you their money for you to be trading for them. What will you do  when you make a miscalculation and losses their money, how will you be able to pay back all those investors that gave you money to trade for them. If you also tell them you are a new trader, they will not give you money unless they are your friends or family that want to invest in you. My advice as a beginner too in trading is to get a job and save up money that we can start trading with and it would not be too small. If you have the knowledge as you will be telling others, it would not take you a long time to grow the small capital that you are using to start. As a beginner it is not wise to start trading with a big capital but a small and comfortable amount.

If a trader doesn't have a means to capital for trading, I'm sorry to say that there is no any way for the trader to raise money online. The trader has to try offline, he can do some job and raise some money with an amount he can afford to lose. I think a starting trader can trade with $100, if the trader is good to go, he can extend that money to more money but in reality, that money is really hard to make in trading, you need to put extra effort in trading before you can make money.

As for asking for help for people to invest in them, I think that's like asking for people to invest in you and give you loan and you will give them something in return, that's how I see it and I will advice you against such move because as a trading starter, you don't have the real experience of trading, all you have been doing is virtual, by the time you start trading with real money, you might not be as perfect and you can loss the money and I don't know where you will run to when such thing happens.

You have to find some source of income, which means you have to start working... Look at the ads in your city, you can start with something simple if you have no experience. While working and earning, set aside some money you can invest in crypto.


Trading is risky! I would never advise anyone to borrow money for trading... You can be sure of yourself, self-confidence is a good thing, but trading can be unpredictable and there are no guarantees that you will make a profit. When it comes to risky things there is an old rule, never risk more than you can afford to lose. When you borrow money it's not the money you can afford to lose. 

If you are someone who doesnt have a job then you could literally be not be able to trade up since it would reall be requiring that kind of capital on which you could really be able to make use or you could be able to start up. If we do tend to give out some advise on how someone should be starting up from zero completely then i would really be tending to join up some competitions or giveaways here on this space on which
you could really be able to get that kind of advantage on which we know that when it comes to those opportunities then you could actually be able to grab it but of course it not something that will always be
ended up with positive result. There would really be those chances or odds but it doesnt always end up nice or on what you do have in mind.

My advice to the unemployed young man who is interested in learning crypto trading but doesn't have the means is simple. If you have a smart phone and you have Internet access, that's your leverage. You can learn anything almost free of charge. Start from the basics and build your way up to using a demo account, join and follow legit trading groups and people. When you have built up confidence in that demo trading, it's time to go live. If you have been active in these communities you can ask for capital and there will be at least one person that will be willing to take a chance and give you the benefit of the doubt.

Regardless, if they have capital for trading or not I would say they should first learn the basics of trading and do all sort of experiments with demo trading account until the find their logic which is successful in determining the market then they should enter into trading but if one wants to do it as a part time I wouldn't advise them to do so as it's required lot of effort and we cannot be successful of we consider it as a part time.

Someone that wants to be trading should not think that money will come from thin air. That is not possible. He needs to gather some money together to start trading.

If you want to enjoying trading, get a job. Use the money that you can afford to lose from the job income to trade. Amount like 5 to 10% of your weekly income.

There are two types of people who learn trading, there are those who already have a source of income and are looking for way to multiple it so they choose trading as an option for them, while their others without any source of income but just learning to trade for the sake of knowledge and hoping that one day they will be able to make enough capital to invest into trading.
How would you advise a newbie trader without any source of income to gather together money that they can use in trading?
Exclude this options that they have to get a job and save up money because if it was so easy to get a good paying job, some of them may not even be trading.
What will you advise, would you advise them that at a level when they are sure of their knowledge should try to convince other people they know to give them some money as investment or convince strangers to invest in them?