Topic: HOW DO YOU MAKE MONEY WITH LESS MONEY? - page 4. (Read 1054 times)

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 have made a very good list and opinions (atleast according to your standards); while you seem to be a cheerful investor (without daring consequences); i have some notes and suggestions maybe you can learn from then.  A true investors does not maximize risk taking; instead they focus on how best to increase their capital by investing in (quality) projects, products irrespective of it being a meme or not. Your first question should be; is the project a rewarding one?

If you lose everything; can you call yourself a trader?


Theres nothing wrong on going all in on a crypto project; if it falls in the category of BTC or ETH; because those top guns are here long term. If you go all in on a meme token; it is a bad investment advice.


It is alright to get remote jobs in the crypto currency space; you should use your earnings to improve your trading skills by learning; not by aping every meme token you come across'; remember the better your skills, the more the knowledge and your understanding about crypto currency trading.

Retroactive airdrops are also good, but it is not trading; because you are using the l2 protocols to farm for engagements in hope for reward; and not to buy or sell assets that could better your trading decisions. You need to work onn your trading decisions.

As much as possible, try doubling your effort in making money by grabbing more opportunities these days. You can do that by upgrading your skills especially now that there are already lots of online opportunities to earn. Always allocate enough funds for investments and try to control your urges to spend for unnecessary things.
It takes a lot of self discipline and self control to save so you should have enough courage to focus on your goals. Sacrificing our wants so we would have enough to invest would be the best treat that we could have as a preparation for the future.

The best bet would be to save up a percentage of the less money consistently fir a duration, then upon maturity, withdraw the gain or the whole fund and reinvest it what you must have thought out carefully.
Memecoins, shitcoins or altcoins as they are called, if traded in meticulously could bear much gain in a shorter time than saving up could do.

The mist important of the best ways I know to make more money with less money is to spend the less money to upgrade yourself. Learn a skill, clean up and look good, read more books and also, contribute where necessary to development of your surrounding.

Its really hard to make money when you have less money ,You are very limited to making  new investments. If I have $150 I will focus more on leverage trading to see if I can be able to build my portfolio with time. If successfully then one can begin investing in altcoins or farming to make more profits.

In reality, it’s actually hard to make your money double or triple from its capital if you only have less money from the start. Everything that creates bigger profits started with bigger amount of capital as well. Even if we say maximize risk taking, the result will still be limited. Except if you have exceptional skills and potentials as a successful trader, I know you can always make find ways to maximize your profits regardless the amount of your starting capital. Trading is naturally hard, but if you can take advantage every opportunity around, you will definitely make a good living from it.

Memecoins are great speculation tool, everybody love them. But be careful of risk,

Here is my opinion, not investment advice. It worked well for me in the past.

First, stick with solid coins, in the past it means bitcoin,  litecoin, ethereum, plus a small portion of meme coins, for me, it means dogecoin and cheetahcoin.

How large meme coins should be of total portfolio.  It depends on personal risk tolerance.  For my take, probably no more than 20% of total portion in meme coins.   Meme coins up and down tend to be very violent, make sure buy low and sell high too on meme coins to maximize profit and minimize risk. 

If we are going to give kitchen recipes, it is easy, please...!
... on the other hand, any type of investment is based on a return that will have a positive or negative result, it is basic mathematics and common sense, the amount of investment only determines the size of the profit or loss.

 In any case, the "advice" of third parties are always like kitchen recipes, the flavor is not the same for everyone.

You just have to read this type of "recipes / OP" as what they are, each one based on their experience determines what these Gurus give with pleasure of success.

 ___
 @Don Pedro Dinero

The Nick thing seems random to me, you can't judge the passenger by his Nick.

To begin with, the nickname we choose can say a lot about us, and the fact that the OP's nickname is Poorwithbtc.eth doesn't give much confidence to trust his advice, and, in fact, the advice he gives is pretty bad.


If you have $150 a month to invest, the best thing to do is DCA bitcoin. If you stick with it for a couple of cycles, it can be life changing, as you can see at https://dcabtc.com/.

The other tips are too risky and are based on something like hitting the lottery, so I don't recommend them. Better to play it safe.

Among the list of suggestions of @OP I only find the last one that can work as a charm.  Finding works to earn money.  But if one is a trader, he can take advantage of the high fluctuations through day trading which is somehow tedious but can yield high income if mastered.

I won't advise anyone to take on the path of taking huge risks to profit because oftentimes they end up in losses.  Always apply risk management methods to identify the right coins to trade.

You're right in here mate. Risks are always encouraged but only for those who are only capable to overcome it. And when we say taking high leverage, it's definitely not advisable to all who want to take risks most especially for beginners. Yes, it can provide us the maximum risk taking and the most possible high profits in the future, but taking leverage without proper caution will only ruin your life instead. It could be a form of suicidal especially for those who are only motivated with greed and personal desires.

Isn't that the question, lol . I mean if this was possible to answer and have one result then we would all do it but we all know that it is not going to end up being the same and should be considered differently. I think it is clear that we are not going to end up with a situation that would be profitable for everyone and we are going to end up with a result that will be a bit different.

I believe that we are going to end up making a big fool out of ourselves and that should not be really the case if we are careful. Just think of it like you have a lot of money and try to make profit that way, it will grow slowly but at least it will grow, if you act like you need to risk big time to make a lot of money, you will lose it all.

This is good advice for people who frequent gambling establishments to play and gamble.  But for investors who wanted to minimize risk, this is a no go at all.  A person invested to have profit in mind not to bust their capital on some very risky investment that can be heavily considered as a gamble.


This can be a strategy to consider, since there is not much of a money picking one very promising project is better.


This is the best advice on the list.  Looking for an additional income can't only give us a better means of living, it will also provide us extra funds for our savings and possible investments.

i don't wonder why you advise people going through this topic to take the risk of investing in meme tokens because just your account name "poorwithbtc.eth" means you really hate btc.eth hahaha

As a wise person, don't take risks that you can't afford to lose...OP was drunk so he made this topic which is clearly just clickbait because maybe his L2 eth project won't be successful.

there is no investment or trading that is as safe as bitcoin, the price is very volatile but if you are patient, you will definitely make a profit, but if you invest in meme tokens and hope to get a profit of x100 x1000 as OP said then that is just a day dream.

Well said mate. Using leverage will make us harm more nor do any good. If you know how to make it work and make some progress, then that would be good but using leverage is never advisable for inexperienced investors or traders as they might only fall on its trap and end up having more debt. It would be less risky if you have your own capital regardless if it’s just a small amount, because if you know how to make it double or triple by working on it, that will definitely lessen the risk from losing.

May or may not depend on themselves. Trading Futures on memecoin with high leverage is indeed very risky, so use money that is not needed for other things and use it to a minimum. there will be two possibilities that can happen, profit by hundreds of percent or just disappear. it is risk-taking that has the impression of gambling or a lottery. Of course it is not recommended to do this kind of trading.
especially if using savings for investment is not good and very risky.

Well, when we have small capital, there really isn't much we can do. But I myself initially started with small capital. And yeah, when my capital was small, I personally also tended to take high risks. It's just that I will first make as much analysis as possible. Because I don't want the small capital that we have to be lost. I used the small capital that I had at that time on new projects that had presales, private sales and the like. And when I enter the project through a private sale, when the coin is listed on Dex/cex, I always get at least 3x to 5x. It's just very difficult to find a project that is not a scam. So this is where caution and experience and personal connections are needed to gather material information for analysis.

When my capital grew, I only focused on day trading. And I put almost 50% profit for long term investment in Bitcoin. and 50% of the profits to support the family. And only two things we should avoid in trading. Namely Fear and Greed.

Speculating alone doesn't require any guts but it was when you elevate it like when you invest after a speculation. It's easy to take big risk when the stake amount is only small but it does make sense because winning on a high-risk play is very hard to pull off.

It may require a lot of trials and errors. If we have a big capital, it's always better to just go with a low or medium risk to increase your chances of making money. Predicting is always hard even for Bitcoin and Ethereum but it's okay in their case because what can make us earn on them is not luck but it's about having a control on one's-self like resisting your emotions when the market is in a bad shape.

This is the mistakes that many individuals just joining the cryptocurency market are making because they believe the industry to be a casino that they can gamble their way to winning. Gambling with our investment is a very wrong to invest in the market. Don't invest because you read that a particular project is going to do very well or it's going to be the next trend to increase. Nobody knows anything and trends are set by the community and not individuals.

Investing in high risk projects like meme coin or investing in shitcoin and hoping for the project to make you profit is just wishful thoughts as you'll lose money. If you don't have money and you want to make money from cryptocurency market then you should go after airdrops.

Nothing wrong with having only a few hundred US Dollar avaliable to invest. You have to start somewhere and if you never make the first step then nothing is going to change for you. The only thing to consider is transaction cost, which is why I would put everything into one coin instead of splitting it up. Also every time we trade we have to pay fees again which is making up a large fraction of such smaller positions. Better to just hold and let the value grow, try also to save money on a regular basis. Taking a small percentage out of your monthly salary will help to grow your portfolio more quickly. Once you build up a bigger portfolio with multiple coins you can think about trading more actively. When it comes to trading all your returns are in relation to your initial investment and should be considered to be reasonable. So making 100 USD return might not seem a lot to you, but from your initial 500 USD investment it's a 20% return which is really good. Going to quickly for too high returns means also you take on a lot of risk.