HOW DO YOU MAKE MONEY WITH LESS MONEY? - page 2.

doomloop

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Quote from: DanWalker on September 20, 2023, 06:06:29 AM

Frankly speaking, the reason we choose bitcoin or cryptocurrency is because we all know that we have a chance to make huge profits from these investments with small to medium capital. But many people always deny that they choose to invest in bitcoin not for that reason but they choose it for freedom. That is completely incorrect, they are just trying to hide their desires for some reason.
I dare to say that there are people who do not choose gold, do not choose stocks but choose cryptocurrency just because of high profits and I am also among them.

To be honest, one can't really earn huge profits with a small capital if they are investing in Bitcoin because the growth ratio of Bitcoin has decreased over time. If you are investing $200 in Bitcoin when it's priced at $25k, you will only get $400 on top of your investment if Bitcoin manages to touch $75k which is not really a huge profit but it's just 2x of your initial capital. Huge profits with small or medium capitals were possible when Bitcoin was relatively low.

I agree that the pace at which cryptocurrencies move either up or down is significantly higher than the growth percentage of gold, stocks, or any other market in the world. However, when there is a very high potential for greater rewards in a shorter period of time, there are also great risks associated with it.

JunaidAzizi

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Quote from: Poorwithbtc.eth on August 20, 2023, 04:43:58 AM

Every player has a different strategy. Every flower has its own branch, every home its scene. Remember, don't lump everyone together.

The strategies you have given above are all valid and good but for those who are very experienced and skillful, you can't suggest this to the beginners and the newbies. These strategies are very risky and are not helpful for beginners. the above strategies are not likely to earn more money in fact if you lose all of your wealth then what would to say in this situation, The strategies are not for all users but for those who are very experienced. I talked about the first strategy which is the gambling one and there is a great chance of losing your funds. The second one is not a good one you can't keep your all assets in one project if the project goes down then the whole payment is gone forever. So leave the greedy nature and be happy with what you get and also do more research on it before entering which is I think one of the first rules in investing.

lombok

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Quote from: Poorwithbtc.eth on August 20, 2023, 04:43:58 AM

Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.

Without reducing my respect for meme coin products, what you suggest is very risky in my opinion.

Why not just do it slowly and steadily. By that I mean making consistent investments or purchases over several months in one or 2 coins. Or trade futures with SL and TP. The process may be a bit slow and tedious, but it is much safer and does not seem reckless in managing funds.

sana54210

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Quote from: Awaklara on September 20, 2023, 06:41:36 AM

Quote from: DanWalker on September 20, 2023, 06:06:29 AM

Frankly speaking, the reason we choose bitcoin or cryptocurrency is because we all know that we have a chance to make huge profits from these investments with small to medium capital. But many people always deny that they choose to invest in bitcoin not for that reason but they choose it for freedom. That is completely incorrect, they are just trying to hide their desires for some reason.
I dare to say that there are people who do not choose gold, do not choose stocks but choose cryptocurrency just because of high profits and I am also among them.

for those who choose to invest in Bitcoin, then what you say is correct. but for those who have Bitcoin to use, of course, they have reasons related to freedom as you said. although currently in practice I am sure that those who currently hold Bitcoin for whatever purpose, of course, think about the profits they will get. rather than investing in Gold or shares. more than one person has proven that Bitcoin has better returns.

That is exactly what people who hold bitcoin thinks about for sure. I know that people are not holding for many other reasons, there could be some people who could hold for privacy reasons and some other stuff, or even illegal stuff as well, but that doesn't mean that those people are the majority.

People who want to make money are the people who hold bitcoin and they are the biggest majority of bitcoin holders, that's the greatest reason. This in return could help with this topic as well, if you want to make money with less money, you buy bitcoin and hold it for as long as you can, that would be a lot better and could result with a lot better return without a doubt, definitely a smart decision for sure.

Inwestour

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Quote from: gabbie2010 on September 18, 2023, 07:31:45 AM

Alternatively to crypto trading as per forex trading a trader is expected to start with demo trading to test a trading strategy after a consistent winning streaks the trader can start with small fund as low as $10 with 0.01 lot sizes just to have a feel of live trading where such a trader is expected to deal with emotions, fear and risk management etc once the trader overcome all those features and traded successfully with reasonable amount of profit made, there are credible, trusted and reliable Prop forex firm where a competent forex trader can buy funded account of minimum of $5K to $200K with small amount of dollar, however such a trader is expected to pass a two phase challenge of 8% and 5% respectively thereafter get a funded account if the trader make decent profits in trading the profit split is at 80% and 20% for the trader and the Prop firm.

There is a lot of discussion that trading on a demo account will not bring any real experience to the trader, since the trader will not feel responsible for losing real money.

Also, trading for very small amounts is not better for obtaining the necessary trading experience, since trading for large amounts of money will have a much greater impact on the trader and each significant loss will have an emotional impact, which can also lead to a series of mistakes. There is probably no single correct algorithm on how to become a successful trader, everyone must go their own way, but there are steps that will not bring much results and perhaps they should be excluded.

Dimitri94

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Quote from: Chilwell on September 15, 2023, 05:02:08 AM

Quote from: Inwestour on September 13, 2023, 08:13:07 AM

Quote from: Kelvinid on September 13, 2023, 06:04:47 AM

People had used a small amount of money in trading in their early days because it was just a test of themselves. It is a trial and error and if ever they lose $100, it is not hard to accept because it is just small compared to when you lose $1,000. Given the fact that trading gives us no assurance as we start, it was advisable to start with small. But of course, as we earn knowledge and skill, and build confidence already, we also have to increase our limits because we know that we can manage it well and the chances of earning a profit are high.
small capital = less risk = less profit/losses
huge capital = high risk = more profit/losses

You need to start trading with little money, at least to check how good your strategy is. If over time you get good trading results, then you can increase your trading deposit.

But most likely you will encounter the fact that even with the same strategy with a small and large trading deposit, you will act differently, I mean that trading with big money is much more difficult than with small money, that you are not afraid of losing. But you also shouldn’t count on the fact that you will be able to earn a lot with little money, for this you need a good deposit, and for this you need to go to work and save some part of your profit for this.

No way for you to make huge amount of money with just little money, people normally said that use money to make money, this implies that the more you invest the more the profit and the less you invest the less profit, people also said the rich are getting richer while the poor are getting poorer, base on my own understanding the rich people have money to invest and earn while the poor people do not have money to invest

There was a period from 2017 to 2021 where there was a possibility of high profits with little investment but now that opportunity is gone. But some still think that there are some meme coins in which it is possible to get a large amount of investment. Any time a coin gets a bull run, it is not unusual for it to be 10 times from the current price. But the point is nobody knows which meme coin can give that kind of return. The number of meme coins are now very high. So the investor must invest in Meme Coin very carefully. But in this area there are great risks as well as potential for profit. If an investor loses money after investing in Bitcoin, there is a chance to get that money back after a certain period of time but not possible in any other currency. There are some meme coins in particular where the chances of getting that money back on investment are almost impossible. Nowadays it is difficult to expect to get much by investing less.

salad daging

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Bitcoin To The Moon 📈📈📈

Quote from: taufik123 on September 11, 2023, 06:21:14 PM

There were tons of airdrops and bounties that gave me thousands of dollars during late 2016-2017.
It's been a memorable year, it's been profitable and it looks easy to earn a lot of Bitcoin and ETH.

1 BTC took less than a month and I had about 40 ETH at the time.
Unfortunately, it was sold out when the new ATH was reached, but no regrets it was a memorable journey.

Nowadays it's not that easy, Airdrops and Bounties are filled with scammers and only give a small payout that isn't worth it.

Time cannot be turned back while bounties and airdrops will not be as easy as it used to be for now even tasks are more difficult while the rewards received are few, this is the passage of time where technology is increasing so all the tasks needed are the same.

It's great that you have achieved such an impressive journey in bounties and airdrops to make 1 BTC, if the asset had not been sold, the value might have been higher. I know that everything you earn needs to be enjoyed.

Yes, it's true, more precisely, scam projects take advantage of airdrop promotions to reach their projects more widely, now that they are no longer involved in airdrops, it's no longer worth it.

HONDACD125

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Quote from: Awaklara on September 20, 2023, 06:41:36 AM

Quote from: DanWalker on September 20, 2023, 06:06:29 AM

Frankly speaking, the reason we choose bitcoin or cryptocurrency is because we all know that we have a chance to make huge profits from these investments with small to medium capital. But many people always deny that they choose to invest in bitcoin not for that reason but they choose it for freedom. That is completely incorrect, they are just trying to hide their desires for some reason.
I dare to say that there are people who do not choose gold, do not choose stocks but choose cryptocurrency just because of high profits and I am also among them.

for those who choose to invest in Bitcoin, then what you say is correct. but for those who have Bitcoin to use, of course, they have reasons related to freedom as you said. although currently in practice I am sure that those who currently hold Bitcoin for whatever purpose, of course, think about the profits they will get. rather than investing in Gold or shares. more than one person has proven that Bitcoin has better returns.

I think one of the main reasons to invest in bitcoin is its excellent features and people know very well that their investment is safe here. On the other hand, when it comes to profit, it is also an excellent investment to earn profit. When it comes to other cryptocurrencies in the market, they involve more risks than Bitcoin, but if you look at the profit rates in smaller coins, sometimes you will see much higher returns in smaller coins, and Sometimes people make huge profits from small investments.

therefor, majority of people prefer to invest in crypto currency. Although investing in gold and share trading is also a good investment, the rate of return there will be lower compared to the crypto currency market.I am also of the same opinion as you that no matter what purpose people are investing in Bitcoin, the main purpose will be to earn a good profit,because there can be only two reasons for making any investment, one is to protect our capital and the other is to get good returns

VicManton

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Working hard to earn some little dollars in a month and then going to trade with it? What of getting high paying skill/job earn big and solve money appetite then one can start to trade, knowing if the amount invested it lost, it won't affect anything and one can trade with a peaceful mindset. Just saying from experience mate.

Awaklara

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Quote from: DanWalker on September 20, 2023, 06:06:29 AM

Frankly speaking, the reason we choose bitcoin or cryptocurrency is because we all know that we have a chance to make huge profits from these investments with small to medium capital. But many people always deny that they choose to invest in bitcoin not for that reason but they choose it for freedom. That is completely incorrect, they are just trying to hide their desires for some reason.
I dare to say that there are people who do not choose gold, do not choose stocks but choose cryptocurrency just because of high profits and I am also among them.

for those who choose to invest in Bitcoin, then what you say is correct. but for those who have Bitcoin to use, of course, they have reasons related to freedom as you said. although currently in practice I am sure that those who currently hold Bitcoin for whatever purpose, of course, think about the profits they will get. rather than investing in Gold or shares. more than one person has proven that Bitcoin has better returns.

DanWalker

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Quote from: blockman on September 18, 2023, 09:39:59 AM

Quote from: DanWalker on September 17, 2023, 10:52:16 PM

Why do we choose cryptocurrency and not other financial markets to invest in? Isn't it because we want to make more big profits from our small capital?

It's because that in those other assets and investments, they're the typical investments that we know. And having that said, they're usually low interest and profits there aren't as great as in the crypto market. So, with that tally, the different is at large and incomparable. But that's what you get for taking bigger risk while on those other assets or investments, you'll get lesser risk and most likely profitable gains but with smaller percentages.

Frankly speaking, the reason we choose bitcoin or cryptocurrency is because we all know that we have a chance to make huge profits from these investments with small to medium capital. But many people always deny that they choose to invest in bitcoin not for that reason but they choose it for freedom. That is completely incorrect, they are just trying to hide their desires for some reason.
I dare to say that there are people who do not choose gold, do not choose stocks but choose cryptocurrency just because of high profits and I am also among them.

blockman

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Quote from: DanWalker on September 17, 2023, 10:52:16 PM

Yes, it is still possible to make a lot of money from a small capital but it is not easy to do so. Not only is it necessary to work hard, but sometimes you also have to accept greater risks if you want to use a small amount of capital but want to gain large profits. For example, in this market, investing in shitcoin and memes is also one of the ways to turn small capital into huge amounts of money. But like I said, to be able to do that we need to take bigger risks than others.

That's right, that's one way to make smaller capitals into greater profits but the risk is totally visible and higher than the traditional ones. Many have done that but it's also like an investing based on your luck since you'll get to choose the meme coins you're about to invest.

Quote from: DanWalker on September 17, 2023, 10:52:16 PM

Why do we choose cryptocurrency and not other financial markets to invest in? Isn't it because we want to make more big profits from our small capital?

It's because that in those other assets and investments, they're the typical investments that we know. And having that said, they're usually low interest and profits there aren't as great as in the crypto market. So, with that tally, the different is at large and incomparable. But that's what you get for taking bigger risk while on those other assets or investments, you'll get lesser risk and most likely profitable gains but with smaller percentages.

gabbie2010

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Quote from: Inwestour on September 13, 2023, 08:13:07 AM

Quote from: Kelvinid on September 13, 2023, 06:04:47 AM

People had used a small amount of money in trading in their early days because it was just a test of themselves. It is a trial and error and if ever they lose $100, it is not hard to accept because it is just small compared to when you lose $1,000. Given the fact that trading gives us no assurance as we start, it was advisable to start with small. But of course, as we earn knowledge and skill, and build confidence already, we also have to increase our limits because we know that we can manage it well and the chances of earning a profit are high.
small capital = less risk = less profit/losses
huge capital = high risk = more profit/losses

You need to start trading with little money, at least to check how good your strategy is. If over time you get good trading results, then you can increase your trading deposit.

But most likely you will encounter the fact that even with the same strategy with a small and large trading deposit, you will act differently, I mean that trading with big money is much more difficult than with small money, that you are not afraid of losing. But you also shouldn’t count on the fact that you will be able to earn a lot with little money, for this you need a good deposit, and for this you need to go to work and save some part of your profit for this.

Alternatively to crypto trading as per forex trading a trader is expected to start with demo trading to test a trading strategy after a consistent winning streaks the trader can start with small fund as low as $10 with 0.01 lot sizes just to have a feel of live trading where such a trader is expected to deal with emotions, fear and risk management etc once the trader overcome all those features and traded successfully with reasonable amount of profit made, there are credible, trusted and reliable Prop forex firm where a competent forex trader can buy funded account of minimum of $5K to $200K with small amount of dollar, however such a trader is expected to pass a two phase challenge of 8% and 5% respectively thereafter get a funded account if the trader make decent profits in trading the profit split is at 80% and 20% for the trader and the Prop firm.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Chilwell on September 15, 2023, 05:02:08 AM

No way for you to make huge amount of money with just little money, people normally said that use money to make money, this implies that the more you invest the more the profit and the less you invest the less profit, people also said the rich are getting richer while the poor are getting poorer, base on my own understanding the rich people have money to invest and earn while the poor people do not have money to invest

There is also the mindset difference, the rich have become rich either through inheritance or through development. But they need to have the mindset for growing and that is lacking in the poor. If a government gives free lunch to poor people that group will never wish to work hard and grow their money but continue the status quo. There are people who emerge from that level but those are few in number as compared to the rest.

Of course the rich are rich and have bigger volumes to invest but that is not everything. They became rich and that growth journey is what people should learn.

DanWalker

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Quote from: jaberwock on September 16, 2023, 09:10:41 AM

Quote from: Chilwell on September 15, 2023, 05:02:08 AM

No way for you to make huge amount of money with just little money, people normally said that use money to make money, this implies that the more you invest the more the profit and the less you invest the less profit, people also said the rich are getting richer while the poor are getting poorer, base on my own understanding the rich people have money to invest and earn while the poor people do not have money to invest

Why not? What about the people who discovered cryptos early? These people didn't even have a capital to get those hundreds and thousands of BTC. Sometimes you only need is skills and knowledge to produce money and you can slowly grow it, if it was still small. Not all that has a big capital are also earning big but some of them are only losing. Capital or money is not all.

If poor people doesn't have a money, then how can they be able to eat and live? They can always find a job and if they know how to budget it properly, I'm sure there will be something that will be left which they can use to invest. They can start with crypto as many cryptos are cheap.

Yes, it is still possible to make a lot of money from a small capital but it is not easy to do so. Not only is it necessary to work hard, but sometimes you also have to accept greater risks if you want to use a small amount of capital but want to gain large profits. For example, in this market, investing in shitcoin and memes is also one of the ways to turn small capital into huge amounts of money. But like I said, to be able to do that we need to take bigger risks than others.

Why do we choose cryptocurrency and not other financial markets to invest in? Isn't it because we want to make more big profits from our small capital?

jaberwock

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Quote from: Chilwell on September 15, 2023, 05:02:08 AM

No way for you to make huge amount of money with just little money, people normally said that use money to make money, this implies that the more you invest the more the profit and the less you invest the less profit, people also said the rich are getting richer while the poor are getting poorer, base on my own understanding the rich people have money to invest and earn while the poor people do not have money to invest

Why not? What about the people who discovered cryptos early? These people didn't even have a capital to get those hundreds and thousands of BTC. Sometimes you only need is skills and knowledge to produce money and you can slowly grow it, if it was still small. Not all that has a big capital are also earning big but some of them are only losing. Capital or money is not all.

If poor people doesn't have a money, then how can they be able to eat and live? They can always find a job and if they know how to budget it properly, I'm sure there will be something that will be left which they can use to invest. They can start with crypto as many cryptos are cheap.

Chilwell

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Quote from: Inwestour on September 13, 2023, 08:13:07 AM

Quote from: Kelvinid on September 13, 2023, 06:04:47 AM

People had used a small amount of money in trading in their early days because it was just a test of themselves. It is a trial and error and if ever they lose $100, it is not hard to accept because it is just small compared to when you lose $1,000. Given the fact that trading gives us no assurance as we start, it was advisable to start with small. But of course, as we earn knowledge and skill, and build confidence already, we also have to increase our limits because we know that we can manage it well and the chances of earning a profit are high.
small capital = less risk = less profit/losses
huge capital = high risk = more profit/losses

You need to start trading with little money, at least to check how good your strategy is. If over time you get good trading results, then you can increase your trading deposit.

But most likely you will encounter the fact that even with the same strategy with a small and large trading deposit, you will act differently, I mean that trading with big money is much more difficult than with small money, that you are not afraid of losing. But you also shouldn’t count on the fact that you will be able to earn a lot with little money, for this you need a good deposit, and for this you need to go to work and save some part of your profit for this.

No way for you to make huge amount of money with just little money, people normally said that use money to make money, this implies that the more you invest the more the profit and the less you invest the less profit, people also said the rich are getting richer while the poor are getting poorer, base on my own understanding the rich people have money to invest and earn while the poor people do not have money to invest

justdimin

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Quote from: Sebas.tian on September 10, 2023, 11:48:25 PM

It doesn't mean you must have a huge amount of money before you can start earning something big from your crypto trading, but if you have crypto knowledge and you start with big money it will be difficult for you to fail in the future because crypto requires knowledge before you can earn what will put smile on your face. I think, many traders started with small capital in crypto trading but today they have turned to wealthy men and women in the community, because they used that small capital to buy crypto when the price was low in the market and hold for the price to increase higher before they can trade to make something good from the market which is the best way any traders can use small amount of money to make money from the crypto market.

I agree that if you could start with a good knowledge about how to trade, how much capital you have shouldn't matter on if you will succeed or fail. It could lead you to make more profit if you have more money obviously, but that doesn't mean that small amounts would lose money, they will profit too but less. All you have to do is to learn how to make that profit and it would definitely be possible if you let it be.

I think the best thing about this is the fact that you are going to end up making some profit you are going to end up with making as much profit as you possibly could, and you should keep doing that if you are lucky and should be hoping for it to change some stuff. I think the best thing for this moment would be learning.

Litzki1990

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Quote from: Poorwithbtc.eth on August 20, 2023, 04:43:58 AM

Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.

Converting your little money into more money takes risk but the risk you mentioned is the highest level of risk. Chances of losing money are high from here. If you take x10 or x100 then you can lose your money with a small change in the market. What will a person who started his business with a small amount of money do in the future if he loses his entire capital at the start of the business? It is not right for us to be so greedy, we must try to gradually change our financial situation by being less greedy. First we need to do spot trading instead of future trading, after doing spot trading then we need to do future trading with less X. If we plan and try to move forward in this way, we can definitely do something good.

Inwestour

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Quote from: Kelvinid on September 13, 2023, 06:04:47 AM

People had used a small amount of money in trading in their early days because it was just a test of themselves. It is a trial and error and if ever they lose $100, it is not hard to accept because it is just small compared to when you lose $1,000. Given the fact that trading gives us no assurance as we start, it was advisable to start with small. But of course, as we earn knowledge and skill, and build confidence already, we also have to increase our limits because we know that we can manage it well and the chances of earning a profit are high.
small capital = less risk = less profit/losses
huge capital = high risk = more profit/losses

You need to start trading with little money, at least to check how good your strategy is. If over time you get good trading results, then you can increase your trading deposit.

But most likely you will encounter the fact that even with the same strategy with a small and large trading deposit, you will act differently, I mean that trading with big money is much more difficult than with small money, that you are not afraid of losing. But you also shouldn’t count on the fact that you will be able to earn a lot with little money, for this you need a good deposit, and for this you need to go to work and save some part of your profit for this.

Topic: HOW DO YOU MAKE MONEY WITH LESS MONEY? - page 2. (Read 1036 times)