Pages:
Author

Topic: Advice for poor people who wanna get some crypto - page 3. (Read 3441 times)

sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
The best advice for poor people is that if they want to buy a crypto, first invest their capital that will not need to be withdrawn at the time of need.  Second, make your investment in a strong coin. Choose a good project coin and invest in different coins instead of one coin. Always wait for a bear market.  Buy crypto whenever the market goes down. And always sell your crypto in the bull market. Buying in the bear market and selling in the bull market is the best crypto strategy.There are many cryptos which have very low value at this time like Mana,Sand,Matic and Dot etc.
legendary
Activity: 2044
Merit: 1055
You should work on your budget first. That’s how you can build up wealth.

If you don’t have a budget already, consider this 70/20/10 budget:

https://www.clevergirlfinance.com/blog/70-20-10-budget/

A wise man once said: you get rich if you spend less than you earn!  Smiley
legendary
Activity: 1918
Merit: 1157
Undeads.com - P2E Runner Game
To get free coin on coinbase, I think you will need to make deposit first. I dont think you can get free coin anywhere now, the last people that were so lucky was in 2015. You need to work and earn so you can invest, it not easy for anyone. Again always be in this forum so you can learn.

currently nothing is free and easy to obtain. all require capital, although there is not worth the work done. the best way to get crypto is by investing or if you have skills in the crypto field you can create a portfolio so that people can use your services, such as creating bbcode signatures or becoming a manager and other skills. so don't expect free crypto too much because it's very uncertain at the moment.
member
Activity: 364
Merit: 13
To get free coin on coinbase, I think you will need to make deposit first. I dont think you can get free coin anywhere now, the last people that were so lucky was in 2015. You need to work and earn so you can invest, it not easy for anyone. Again always be in this forum so you can learn.
sr. member
Activity: 1610
Merit: 294
Tontogether | Save Smart & Win Big
Coinbase is a safe choice to start with, however, there are a few things you should know before you start sending or receiving crypto. Yes, there are lots of free gifts out there. Be warned though, many of these require you to perform some type of action like following them on Twitter to collect your free crypto, so be sure to read the fine print first before taking any action.
newbie
Activity: 39
Merit: 0
Invest in education first. If you are strong with knowledge, you won’t have difficulty in making money. But you would need money to invest, not a lot. You can start with a small capital, but remain consistent with that. Results will show. Good luck!
full member
Activity: 854
Merit: 100
The OGz Club
Borrowing so you'll have investment capital in crypto will only dig you deeper into a pit of losses because we all know that it won't work since the market is too volatile. It will be wiser if you'll be smart in managing your finances and focusing on saving so you'll have enough funds for investment. Relying on loans without any assurance that you can pay them will not make your blockchain journey successful. Trading requires knowledge and enough courage to deal with the volatility of the market so borrowing would be a risk.
Loans will indeed be a big risk but for those who are not ready and do not know the trading knowledge they are doing. I have already said that this loan is intended for those who are professionals and feel lack of funds to trade. sometimes professional traders increase their capital by making some loans, and they are responsible for it. Fund management is indeed the main point that must be done. Celsius class big crypto companies even make loans to stabilize their liquidity, of course they make loans with clear goals.
That's right, not all traders immediately make loans because a professional trader certainly has a strategy and is responsible for making loans,
this should be realized for all traders especially for beginners,
risk will always be there and we can't avoid it completely
legendary
Activity: 2296
Merit: 1176
My advice: first try to solve the problem with being poor. Investing in cryptocurrency is not a solution of being poor. No one gives you any insurance; you might become even more poor after getting some crypto. Second - getting some crypto when you poor, means limiting yourself in something even more. Cryptocurrency is closely intertwined with patience and long periods. Ask yourself, can you survive for unknown period of time, after realizing that you have turned from being poor to being more poor. In investment, having a pillow of funds is a must.
I guess the OP is hoping to get an investment asset from something free. he gets assets from registering on coinbase. and want to get more from elsewhere in the same way.
this is not related to its strength to survive in the market with the capital it has. I wonder if he was able to develop the assets that he got for free from the events he might participate in. with small capital in trading I guess he can start learning to make a profit.

Something for free? Like airdrop of free crypto for registration? I think this is a path to nowhere, if a person really wants to change something in his life. I believe something that is given for free (if we talk about already developed something) will never be a life changer. Similar is related to bounties. If you get something easily, then it will never turn into piles of gold. To get rich, working hard is a must. Getting rich easily or with free stuff is sort of an exception. Only 1 out of thousands can achieve that.
hero member
Activity: 2492
Merit: 548
8ombard - Pick, Play, Prosper!
Unlike the market, it is good to invest a small amount on cryptocurrency regularly. It can be $25 or even lower than that. Same time you should not keep this into your calculation as Money. Maybe in an year you might be able to invest $300, but the same have the ability to turn to $30k/$30. It is upto the market situation, so save in the form of cryptocurrency and surely it'll profit you in the long run.

When you do this, automatically you'll get to know about making trades with which you can learn as well as increase the holding through regular buying and selling practice.
hero member
Activity: 2688
Merit: 625
Loans or borrowing money from investment inside crypto is not good advice. The chance of being broke and have big debts to shoulder might happen since fluctuations and volatility is something that is hard to resist. Though if you work harder with your research and study chance is also there for you, there are many factors that you needed to deal, reasons that you can use as a basis when starting to invest with crypto, equipt yourself before diving inside would save your butt and avoid you to lose a lot.
Borrowing money for crypto investments is actually only intended for those who are professionals in their fields. if without any knowledge and then borrow money to trade in crypto, it will be very dangerous because there is no scientific foundation that can guarantee that you can return the loan capital along with the interest. I myself have even made a loan in the form of USDT to a member in this forum and he gave it with a predetermined time limit. I returned it on time. if you do not have any capacity or do not have knowledge of trading or technical analysis, it is better to avoid a loan, but if you are sure and can repay the loan with the ability you have then there is nothing to worry about.
I deserve taking a loan is not a big deal. What we need to understand here is that I will be able to take a loan only when I see that I am able to repay the loan. Paying off the debt is not a matter of looking at how I do it. But if i take out a loan for crypto and pay it back with the money i earn from the crypto, i will be successful. Otherwise able to repay from another source means failure.
Taking a loan isnt really be bad as long you do really make yourself that responsible on repaying those loans on time so that you wont really be having that kind of problem on paying up interest just because you had missed out on not to pay those loans and also be sure that you had really applied those loan amounts into something more worth to be spent out and not just wasting off on something that couldnt really make you some money or income rather than if you do take up some loan and putting it up on an investment which i would say to be more worth rather than anything else.If you are really that eager on making your life to be
somehow upgraded or more better then you should really be wise on making up decisions and work hard for it.
hero member
Activity: 1274
Merit: 588
Loans or borrowing money from investment inside crypto is not good advice. The chance of being broke and have big debts to shoulder might happen since fluctuations and volatility is something that is hard to resist. Though if you work harder with your research and study chance is also there for you, there are many factors that you needed to deal, reasons that you can use as a basis when starting to invest with crypto, equipt yourself before diving inside would save your butt and avoid you to lose a lot.
Borrowing money for crypto investments is actually only intended for those who are professionals in their fields. if without any knowledge and then borrow money to trade in crypto, it will be very dangerous because there is no scientific foundation that can guarantee that you can return the loan capital along with the interest. I myself have even made a loan in the form of USDT to a member in this forum and he gave it with a predetermined time limit. I returned it on time. if you do not have any capacity or do not have knowledge of trading or technical analysis, it is better to avoid a loan, but if you are sure and can repay the loan with the ability you have then there is nothing to worry about.
I deserve taking a loan is not a big deal. What we need to understand here is that I will be able to take a loan only when I see that I am able to repay the loan. Paying off the debt is not a matter of looking at how I do it. But if i take out a loan for crypto and pay it back with the money i earn from the crypto, i will be successful. Otherwise able to repay from another source means failure.
hero member
Activity: 1820
Merit: 537
Loans or borrowing money from investment inside crypto is not good advice. The chance of being broke and have big debts to shoulder might happen since fluctuations and volatility is something that is hard to resist. Though if you work harder with your research and study chance is also there for you, there are many factors that you needed to deal, reasons that you can use as a basis when starting to invest with crypto, equipt yourself before diving inside would save your butt and avoid you to lose a lot.
Borrowing money for crypto investments is actually only intended for those who are professionals in their fields. if without any knowledge and then borrow money to trade in crypto, it will be very dangerous because there is no scientific foundation that can guarantee that you can return the loan capital along with the interest. I myself have even made a loan in the form of USDT to a member in this forum and he gave it with a predetermined time limit. I returned it on time. if you do not have any capacity or do not have knowledge of trading or technical analysis, it is better to avoid a loan, but if you are sure and can repay the loan with the ability you have then there is nothing to worry about.

Borrowing so you'll have investment capital in crypto will only dig you deeper into a pit of losses because we all know that it won't work since the market is too volatile. It will be wiser if you'll be smart in managing your finances and focusing on saving so you'll have enough funds for investment. Relying on loans without any assurance that you can pay them will not make your blockchain journey successful. Trading requires knowledge and enough courage to deal with the volatility of the market so borrowing would be a risk.
legendary
Activity: 2296
Merit: 1176
My advice: first try to solve the problem with being poor. Investing in cryptocurrency is not a solution of being poor. No one gives you any insurance; you might become even more poor after getting some crypto. Second - getting some crypto when you poor, means limiting yourself in something even more. Cryptocurrency is closely intertwined with patience and long periods. Ask yourself, can you survive for unknown period of time, after realizing that you have turned from being poor to being more poor. In investment, having a pillow of funds is a must.
legendary
Activity: 2758
Merit: 3408
Join the world-leading crypto sportsbook NOW!
Are you sure? Coinbase gave free 20 euros. As far as I know, this platform is quite strict. It will not just give those who want to create an account on their platform unconditionally that easy. In other local exchanges such as coinbase, to give you 20$, the user must first deposit 500$ depending on their requirements. I think what you are saying is not true, because I have tried to create an account there but he has criteria before you can get a free amount of money, even there you need to submit KYC to coinbase. I just don't know any of the other members here in this forum who have created an account on the coinbase platform.

Yeah, this is suspect. I know they used to give 10 dollars away way back when for people opening new accounts, but don't recall ever seeing them do that once they expanded to the United Kingdom or Europe. Then again, it could be I didn't see it because I don't like in a country supported (just checked their support and it lists only Andorra, Belgium and Bulgaria).

I do know a number of Coinbase users, but they're either US or UK people. Don't know crypto people from above 3 countries to ask Wink
sr. member
Activity: 2156
Merit: 251
Binance #Smart World Global Token
You should first use your money may be its a little or more but without using your money you cannot get it back, and there is not such a project in crypto which can give you income without investing and trading. It is something difficult to achieve goals without involved some sort of cash. Yes you can do this by getting loan and then make trading but it is not sure that this cash will get double because due to volatility your payback cannot be sure. There is hazardous of cash loss.
Loans or borrowing money from investment inside crypto is not good advice. The chance of being broke and have big debts to shoulder might happen since fluctuations and volatility is something that is hard to resist. Though if you work harder with your research and study chance is also there for you, there are many factors that you needed to deal, reasons that you can use as a basis when starting to invest with crypto, equipt yourself before diving inside would save your butt and avoid you to lose a lot.

I agree, that borrowing money is not a good thing even not in only crypto but in other things too that's why money management is very important knowing our buy limit is better rather than spending more than our income. We can use demo account if we want to start trading or we can use a little amount of money if we want to try investing in a project. Don't rush because we want fast money but patience to get more.
legendary
Activity: 2940
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
You should first use your money may be its a little or more but without using your money you cannot get it back, and there is not such a project in crypto which can give you income without investing and trading. It is something difficult to achieve goals without involved some sort of cash. Yes you can do this by getting loan and then make trading but it is not sure that this cash will get double because due to volatility your payback cannot be sure. There is hazardous of cash loss.
Loans or borrowing money from investment inside crypto is not good advice. The chance of being broke and have big debts to shoulder might happen since fluctuations and volatility is something that is hard to resist. Though if you work harder with your research and study chance is also there for you, there are many factors that you needed to deal, reasons that you can use as a basis when starting to invest with crypto, equipt yourself before diving inside would save your butt and avoid you to lose a lot.
legendary
Activity: 2044
Merit: 1055
First of all, wanna say hi to everybody.
I searching on the internet in the last 2 week 24/4 about crypto currency and how to multiply your money. I read article’s about people how can get rich, people who can get brokes and a lot of things about that, and to be honest, if it was possible to become rich after night, all people in the world will do that, so basically in my opinion it is lucky, or tips from billionaires who own some crypto etc.

I came there to get some advice from people who really know what crypto it is and how it works.
In the last months, I open an Coinbase account, and I saw that, the application pay me like 20 euro ( free coins) for opening an account. It was so nice. After like 1 month, the app do not give any free cryptocurrency.
My question for you guys it is, beside Coinbase, it is any other application like that, like give you free stuff or something ?

Ps, I think about what you think, a poor guy came there and try to get stuff free, go to work buddy. Ok, it is true, I searching for something free because I have a bad financial status,I was working as an mechanic and I was fire because service closed, and I searching for everything can came. I have 1 baby and I need to put food on the table when I get home Smiley so please, all hate stuff it is not accepted.

Thank you for your time guys, and I’m waiting your reply.
Dan,

Instead of waiting for the next job, you should use your knowledge and skills to your advantage. Search for a broken car, buy it on credit, fix it and sell it. You can make a nice profit by this.

If you can’t find a job become your own employer!  Wink
sr. member
Activity: 1666
Merit: 453
First of all, wanna say hi to everybody.
I searching on the internet in the last 2 week 24/4 about crypto currency and how to multiply your money. I read article’s about people how can get rich, people who can get brokes and a lot of things about that, and to be honest, if it was possible to become rich after night, all people in the world will do that, so basically in my opinion it is lucky, or tips from billionaires who own some crypto etc.

I came there to get some advice from people who really know what crypto it is and how it works.
In the last months, I open an Coinbase account, and I saw that, the application pay me like 20 euro ( free coins) for opening an account. It was so nice. After like 1 month, the app do not give any free cryptocurrency.
My question for you guys it is, beside Coinbase, it is any other application like that, like give you free stuff or something ?

Ps, I think about what you think, a poor guy came there and try to get stuff free, go to work buddy. Ok, it is true, I searching for something free because I have a bad financial status,I was working as an mechanic and I was fire because service closed, and I searching for everything can came. I have 1 baby and I need to put food on the table when I get home Smiley so please, all hate stuff it is not accepted.

Thank you for your time guys, and I’m waiting your reply.
Dan,

Are you sure? Coinbase gave free 20 euros. As far as I know, this platform is quite strict. It will not just give those who want to create an account on their platform unconditionally that easy. In other local exchanges such as coinbase, to give you 20$, the user must first deposit 500$ depending on their requirements. I think what you are saying is not true, because I have tried to create an account there but he has criteria before you can get a free amount of money, even there you need to submit KYC to coinbase. I just don't know any of the other members here in this forum who have created an account on the coinbase platform.
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
You should first use your money may be its a little or more but without using your money you cannot get it back, and there is not such a project in crypto which can give you income without investing and trading. It is something difficult to achieve goals without involved some sort of cash. Yes you can do this by getting loan and then make trading but it is not sure that this cash will get double because due to volatility your payback cannot be sure. There is hazardous of cash loss.
newbie
Activity: 14
Merit: 0
It is not easy to become rich from crypto overnight. Things have changed now. The price of Bitcoin was very cheap back when Bitcoin was new. So, If you think bitcoin is the key to becoming suddenly rich, then you are wrong.
Pages:
Jump to: