HOW DO YOU MAKE MONEY WITH LESS MONEY? - page 3.

Kelvinid

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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.

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

tvplus006

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Quote from: Issa56 on September 10, 2023, 04:39:51 PM

I don’t believe in airdrops. People think airdrops are used to get free money, but I will say most airdrops are currently used to scam people. Most people offering airdrops now are just trying to use that to access people’s wallet addresses so that they will be able to steal all the coin in the wallet, so I will say everyone should avoid airdrops.

Regardless of whether you believe in airdrops or not, they still bring their participants a good profit. Have you never heard of generous airdrops from Uniswap, dYdX, Arbitrum and Optimism for early users? In this case, you deprive yourself of the opportunity to receive such an airdrop in the future.

benalexis12

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Yes, I agree that each player or crypto investor has their own strategy on how to invest in crypto assets in this industry. Others may not agree with that strategy, and others may agree with your strategy. As long as we don't forget that every investment always comes with risk, we must always be prepared for that, or else, in the end, you could blame yourself or others. Now, if you recommend investing in meme coins, I'm sure that most people will oppose you here, but there are also some who will support you. We know that when it comes to meme coins, the risk of volatility is high. So if anyone invests in meme coins, think that he will lose immediately.

taufik123

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Quote from: Kemarit on September 10, 2023, 07:57:21 AM

Yes, this is no longer 2017, wherein airdrops can worth be like $100 in the beginning and then it will go up for more.
I guess those where the golden days of airdrops, like the Onion airdrop that I can remember, once of the biggest back then.
-snip-

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.

tjtonmoy

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Quote from: Best-mary on September 10, 2023, 10:05:19 AM

I was about to say this. "Diversification is mostly the key when you don't know what next to or how to do it." By the way, there are some exchanges if op or anyone uses it, has different products that can aid with that. Some persons are not always active enough to get the BTC at the particular price they want (me for instance) When I'm pretty occupied I just use Dual investment. Safe and easy. I don't need to start wasting money unnecessarily at this point, we don't need that.

I guess this is what Op does not understand. He will learn it the hard way. When he will be left with nothing to invest with, while there's an opportunity. It doesn't matter what the amount is, if you are losing it willingly, that's a fool's job. When you invest, even if you are unable to make a profit from it, do it in a way so that you can learn from your mistakes. And diversifying makes it easy to make use of that asset more. Imagine you lose in one and make a profit in another one. This will give you the opportunity to further experiment and gain experience from the next trades that you can do with that asset.

And the main thing is, we don't need unnecessary money waste. So I agree with you. Don't take decisions when you don't need to.

Sebas.tian

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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.

Issa56

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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.

This is serious, how will you advise people to invest in meme coins? That's the worst advice I will give anybody in the crypto space, meme coins are just shitcoins, which nobody should even invest in. If you are investing in meme coins, your chances of losing your money are kind of high. If I am advising anyone to invest, then just invest in bitcoin. I don’t recommend people invest in any altcoins. Next time you are advising anyone, make sure you really understand what you are advising them about.

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

Full-On Portfolio:
For you, diversification might not be the key. Go all in on a project. With less money, you need to make a big impact. Going all in could be a life-changer.

If you are going all in a coin, then make sure you are going all in only bitcoin, don’t even try to go all in on altcoins. It's better to diversify your portfolio if you are the type that likes altcoin investment, don’t invest only in one altcoin. But if you are planning to invest in bitcoin, then you can go all in bitcoin, just be ready to hold for the long term.

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

Farming Airdrops:
Rolling rewards are also quite smooth. Focus on L2 Ethereum solutions.

I don’t believe in airdrops. People think airdrops are used to get free money, but I will say most airdrops are currently used to scam people. Most people offering airdrops now are just trying to use that to access people’s wallet addresses so that they will be able to steal all the coin in the wallet, so I will say everyone should avoid airdrops.

Quidat

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Quote from: palle11 on September 10, 2023, 10:33:05 AM

Quote from: Bananington on August 20, 2023, 03:23:52 PM

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

Maximize Risk-Taking:

Be careful of high leverage, they can end you and put you in debt even before you make any real profit from trading.They are attractive but also dangerous and should be avoided by every trader especially the inexperienced ones who are just new to trading. Risk is encouraged, but it should not be taken blindly when you as a trader know that you are not in a position to handle the dangers that come with taking risk.

Maximize your risk wisely.

A new trader needs to ask questions about leverage and risk management because it has direct effect to the capital you are trading with and any mistake on any wrong click means that the account is affected if the market goes against the trader. Hence, it is better to trade with low leverage because it gives you time to build your account by gradually picking your profit and learning at the same time because as you trade, you see your mistakes and you correct them in the next trade order.

Newbies would definitely be that interested when it comes to trading with higher leverage. Why? they would really be going after with those quick profits but without even trying out to realize on how fast they would really be able to blown up their accounts too on which this is something that must be avoided if you dont really like yourself getting fucked up with the market. It would really be taking such time for you to be able take a good grasps when it comes to trading and it isnt really that something so simple that you could really be able to get that specific skill. You would really be experiencing tons of trials and errors before you could really be able to handle yourself within this unpredictable market. You cant really just make yourself that easily profitable without experiencing these things along the way.

I would definitely be focusing too on this area WORK to Earn: which if you do have the skills which you could see that you could really be able to utilize
then it wont really be that a bad thing to put up some time and effort for you to be able to have the chance on earning more specially if its really that earning Bitcoin or some top altcoins.
Make things more efficiently as long you do have the chance on earning.

palle11

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Quote from: Bananington on August 20, 2023, 03:23:52 PM

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

Maximize Risk-Taking:

Be careful of high leverage, they can end you and put you in debt even before you make any real profit from trading.They are attractive but also dangerous and should be avoided by every trader especially the inexperienced ones who are just new to trading. Risk is encouraged, but it should not be taken blindly when you as a trader know that you are not in a position to handle the dangers that come with taking risk.

Maximize your risk wisely.

A new trader needs to ask questions about leverage and risk management because it has direct effect to the capital you are trading with and any mistake on any wrong click means that the account is affected if the market goes against the trader. Hence, it is better to trade with low leverage because it gives you time to build your account by gradually picking your profit and learning at the same time because as you trade, you see your mistakes and you correct them in the next trade order.

Best-mary

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Quote from: tjtonmoy on August 20, 2023, 12:34:12 PM

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.

Wait what? Are you suggesting taking risks like that? Just because you are investing what you can afford to lose doesn't mean you should lose all willingly. Every trade contains risks, NGL, but that's why we use risk management. This gives us the advantage to keep the loss to minimum and maximize our profits. But saying things like this and encouraging people to use high leverage is misleading.

Quote

Full-On Portfolio:
For you, diversification might not be the key. Go all in on a project. With less money, you need to make a big impact. Going all in could be a life-changer.

Mate, are you ok? What kind of suggestions are you giving to people? Diversifying your portfolio is the nest thing you can do in crypto trading. The market is uncertain and unpredictable. Not to mention, most of the new project these days are most likely scam. You can not be sure which one is legit and which one is a scam. It is always recommended to do research and choose multiple assets. (I am against alts, so I only recommend Bitcoin)

I was about to say this. "Diversification is mostly the key when you don't know what next to or how to do it." By the way, there are some exchanges if op or anyone uses it, has different products that can aid with that. Some persons are not always active enough to get the BTC at the particular price they want (me for instance) When I'm pretty occupied I just use Dual investment. Safe and easy. I don't need to start wasting money unnecessarily at this point, we don't need that.

Quick money or big profits are not the way to go while learning trading or doing trading, even if you are a pro. Take it slow and learn it the way it is intended to learn.

[/quote]
Everyone needs to note this. I learnt it the hard way

Kemarit

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Quote from: taufik123 on September 10, 2023, 07:43:14 AM

Quote from: Bushdark on September 09, 2023, 10:41:40 AM

-snip-
This is one of the ways that will maketh opportunity for us if we are serious and ready to go the next level. There are some airdrops that are profitable and can earn us a reasonable amount of money if we know how to go about it . trading is another way we can earn money from the little we have if we have a good understanding about trading and how to position our trades that will earn us a good profits whether we do it per time or full time.

Expecting free airdrops today is still quite difficult, unlike airdrops in the past that provided large incentives for airdrop hunters, and in addition to airdrops, there are many Bounties that provide large allocations for social media, article creators and other categories.
I myself can even get up to thousands of dollars when the project is successful.

Yes, this is no longer 2017, wherein airdrops can worth be like $100 in the beginning and then it will go up for more.
I guess those where the golden days of airdrops, like the Onion airdrop that I can remember, once of the biggest back then.

Quote from: taufik123 on September 10, 2023, 07:43:14 AM

For trading, of course, you still need a large enough capital to get a commensurate profit income, but it is not easy.
Trading requires good analytical knowledge, it cannot be done only with reason and logic.

Maybe we can start at $100 and work our way up. But it's going to be very difficult in the beginning and maybe you can lose that initial capital of yours.
That's why it's really hard to make more money with less money. Because we wanted our money to work with us.
And so we need big capital to start win, like for example buy some Bitcoin worth $2000 and then just hold on it and wait what will be the return on the next bull run.

taufik123

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Quote from: Bushdark on September 09, 2023, 10:41:40 AM

-snip-
This is one of the ways that will maketh opportunity for us if we are serious and ready to go the next level. There are some airdrops that are profitable and can earn us a reasonable amount of money if we know how to go about it . trading is another way we can earn money from the little we have if we have a good understanding about trading and how to position our trades that will earn us a good profits whether we do it per time or full time.

Expecting free airdrops today is still quite difficult, unlike airdrops in the past that provided large incentives for airdrop hunters, and in addition to airdrops, there are many Bounties that provide large allocations for social media, article creators and other categories.
I myself can even get up to thousands of dollars when the project is successful.

Now the airdrops that really provide great incentives are some of the new network testnets.
Early adopters who try out the network will get an incentive token and it has a pretty high value like Uniswap, Optimism, Arbitrum etc.

For trading, of course, you still need a large enough capital to get a commensurate profit income, but it is not easy.
Trading requires good analytical knowledge, it cannot be done only with reason and logic.

red4slash

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Quote from: usekevin on September 08, 2023, 07:29:53 PM

Quote from: Vaculin on September 08, 2023, 12:46:29 PM

Making more money with less money is certainly challenging and if you’re not smarter and skilled enough, you will never end up successful on your business. Maximizing risk taking is what we mostly do but I believe it’s still best to take some calculated risks based on your own knowledge and skills, otherwise you will end up not overcoming those said risks.

The skill is the important one for this one,because the traders only can multiple the money.The trading will take some time,you should ready to do the trade practice.Then you can learn trading with some tactics,by view of the trading chart.You can say the exact price to buy the coin only by the trading skills.The tactics of your trading friends may or may not applicable to you,So better don’t use your friends trading tactics.Trading had risks and good profit from the trading based on the strategies with a certain period of time.

It can be said that everything we do relies on the skills we have, for example, we lack capital, but if we are skilled enough, we will be able to collect capital first so that the capital we have is considered sufficient. And it's not just relying on trading, but there will be many other things that can bring in money when we have skills.
Talking about other people's strategies, we may have read a lot here that other people's strategies may not apply to us, which is why we are encouraged to have a personal strategy. It's hard to find that, but with effort I think there's nothing that can't be done.

Bushdark

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Quote from: Vaculin on September 08, 2023, 12:46:29 PM

Making more money with less money is certainly challenging and if you’re not smarter and skilled enough, you will never end up successful on your business. Maximizing risk taking is what we mostly do but I believe it’s still best to take some calculated risks based on your own knowledge and skills, otherwise you will end up not overcoming those said risks.

Going for aidrops is one of the ways we can generate income for ourselves if we know how to recognize good project that will do well in the market. There are many things we can do to generate money from nothing if we have a skill.

This is one of the ways that will maketh opportunity for us if we are serious and ready to go the next level. There are some airdrops that are profitable and can earn us a reasonable amount of money if we know how to go about it . trading is another way we can earn money from the little we have if we have a good understanding about trading and how to position our trades that will earn us a good profits whether we do it per time or full time.

sarmrakib

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Quote from: Awaklara on September 08, 2023, 11:43:48 PM

Quote from: usekevin on September 08, 2023, 07:29:53 PM

Quote from: Vaculin on September 08, 2023, 12:46:29 PM

Making more money with less money is certainly challenging and if you’re not smarter and skilled enough, you will never end up successful on your business. Maximizing risk taking is what we mostly do but I believe it’s still best to take some calculated risks based on your own knowledge and skills, otherwise you will end up not overcoming those said risks.

The skill is the important one for this one,because the traders only can multiple the money.The trading will take some time,you should ready to do the trade practice.Then you can learn trading with some tactics,by view of the trading chart.You can say the exact price to buy the coin only by the trading skills.The tactics of your trading friends may or may not applicable to you,So better don’t use your friends trading tactics.Trading had risks and good profit from the trading based on the strategies with a certain period of time.

I still remember when I asked and learned about trading from friends who were more experienced in trading. I was told about some technical analysis, and also shown how he opened trades. even after that I was asked to follow his trading. like copying trading, but I did it myself. at first it worked, but as you said, everyone has their own strategy for trading. and to be successful, we must develop our own strategy based on our experience. I must say honestly, for me quite difficult. and to really understand it all takes time. it might be easier with the other person's better level of understanding.

Its been tough for me as well to get all the details about trading you could say that its my tricks .We always need to make our own strategy it will help us forever .One of my friend also taught me how to do it right at the beginning but after having a good knowledge i have started to learn trading how i can make more profit though it is so tough initially .However its still tough to get earning from trading as we all know that trading is always risky nevertheless it is a good way of earning .Crypto market is always volatile that help us to get much earning than any other platform we have .So we all need to take and pass more time from where we really wanna earning from .Surely it will help us to make our own strategy and more profitprofitiable .

Awaklara

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Quote from: usekevin on September 08, 2023, 07:29:53 PM

Quote from: Vaculin on September 08, 2023, 12:46:29 PM

Making more money with less money is certainly challenging and if you’re not smarter and skilled enough, you will never end up successful on your business. Maximizing risk taking is what we mostly do but I believe it’s still best to take some calculated risks based on your own knowledge and skills, otherwise you will end up not overcoming those said risks.

The skill is the important one for this one,because the traders only can multiple the money.The trading will take some time,you should ready to do the trade practice.Then you can learn trading with some tactics,by view of the trading chart.You can say the exact price to buy the coin only by the trading skills.The tactics of your trading friends may or may not applicable to you,So better don’t use your friends trading tactics.Trading had risks and good profit from the trading based on the strategies with a certain period of time.

I still remember when I asked and learned about trading from friends who were more experienced in trading. I was told about some technical analysis, and also shown how he opened trades. even after that I was asked to follow his trading. like copying trading, but I did it myself. at first it worked, but as you said, everyone has their own strategy for trading. and to be successful, we must develop our own strategy based on our experience. I must say honestly, for me quite difficult. and to really understand it all takes time. it might be easier with the other person's better level of understanding.

usekevin

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Quote from: Vaculin on September 08, 2023, 12:46:29 PM

Making more money with less money is certainly challenging and if you’re not smarter and skilled enough, you will never end up successful on your business. Maximizing risk taking is what we mostly do but I believe it’s still best to take some calculated risks based on your own knowledge and skills, otherwise you will end up not overcoming those said risks.

The skill is the important one for this one,because the traders only can multiple the money.The trading will take some time,you should ready to do the trade practice.Then you can learn trading with some tactics,by view of the trading chart.You can say the exact price to buy the coin only by the trading skills.The tactics of your trading friends may or may not applicable to you,So better don’t use your friends trading tactics.Trading had risks and good profit from the trading based on the strategies with a certain period of time.

Japinat

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Quote from: MFahad on September 08, 2023, 11:45:46 AM

Quote from: awik p on August 28, 2023, 10:01:33 PM

indeed taking big risks is a terrible act, because it is more inclined towards betting or gambling. I think if we have a little capital, then it would be nice for us to enrich knowledge first, and getting rich is not difficult with knowledge, but indeed everything requires a process, not in a blink of an eye. We know that in the crypto world, many new rich people have been created, moreover every time a bull run comes, some of them are lucky, some have planned beforehand, I think that hoping for luck can only lead to disappointment.

Gambler never can attain the profit they wish to have because they take forward step blindly as they never know what to do and never try to realize that what is important for me to win in this field. To examine their luck they regularly put money in some useless coin which does not have any future without knowing that which coin is profitable.

Money does not matters but knowledge matters a lot for instance if you have little amount of money and complete knowledge then you will be able to get large sum easily but if you have larger amount of money but don't know how to use it and select wrong coin then your trading and working is useless.

You are right in here. It takes a brilliant mind to make a business work, regardless of the amount of capital. And the smaller the amount is, then it’s more important that you’re highly knowledgeable about what you are taking risk into, otherwise all your money and efforts will only go into waste. Furthermore, experience will be a great factor too to make you successful and profitable at the end of the day. Without it, you will surely strive hard to make it ultimately work.

JoyMarsha

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

Full-On Portfolio:
For you, diversification might not be the key. Go all in on a project. With less money, you need to make a big impact. Going all in could be a life-changer.

Having a diversification type of investment is the key to crypto investment. In the sense that, if this altcoin project you invested in didn't work, others will. Giving you, your profits back rather than being completely at a loss side due to your investment in a single project that you are not sure of its future or profits tomorrow.

Bitcoin is the investment you can make without having to worry about diversifying your altcoin investment. In addition to that, diversified investment is necessary if you want to succeed as an investor in the crypto market.

Vaculin

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Winding down.

Making more money with less money is certainly challenging and if you’re not smarter and skilled enough, you will never end up successful on your business. Maximizing risk taking is what we mostly do but I believe it’s still best to take some calculated risks based on your own knowledge and skills, otherwise you will end up not overcoming those said risks.

Topic: HOW DO YOU MAKE MONEY WITH LESS MONEY? - page 3. (Read 1054 times)