Topic: HOW DO YOU MAKE MONEY WITH LESS MONEY? - page 7. (Read 1054 times)
If you have the knowledge and the capability to make more money with those you can easily get earned money. Here in the crypto space, you can have an option you can gamble those funds or else make a trade or investment in short-term or long-term holding. Let's set aside those services that offer jobs related to crypto because the topic has a limited amount of money. Most of the ideal with this situation is being a scalper every price action you will grab the position of course with these trading skills still there's a risk.
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.
Trading with high leverage is only safe if you’ve gained years of experience in trading and you know how to turn your trades into profits despite of its highly volatile market, otherwise you’ll end up experiencing in a much higher downside risk.
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.
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.
Suicidal move. Adding more risk to already risk
Instead of taking care of that less money, will go suicidal and trust the luck to come with us. You already mentioned we might lose everything on that. In the end, it still depends on "what if" scenario without any proper money management.
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.
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.
Another suicidal move. Going all-in on a project and depend on everything on luck. Might be worked but we are talking about having less money here.
WORK to Earn:
Find ways to increase your income. If Grab/Ubers isn't enough, go do some grunt work or community management. Maybe you'll make $50/month and chuckle about it. 🤣
Find ways to increase your income. If Grab/Ubers isn't enough, go do some grunt work or community management. Maybe you'll make $50/month and chuckle about it. 🤣
This is the best advice I guess from all those listed lol. Find ways to increase income even outside the crypto world. In that way, we don't need to only invest or play with small amount here in crypto world like for example, more budget can now be used on trading and so on.
Or you can maximize your potential as an influencer on TikTok, Youtube or Instagram to earn income. Once you can earn money, you can use some of the money to invest in crypto. You can use many ways to get crypto, but it depends on how hard you try to get it.
Playing around on meme coins can be a solution but it's very difficult as there are so many meme coins out there and we need to know which meme coins can give us big profits later. Maybe that includes gambling with meme coins because we buy with little money and hope to earn big. And this is the hope of new investors tempted by new projects that need to be more familiar to them.
Meanwhile, investing using the all-in method is risky, especially if it is a new altcoin or coin project. But if you invest in Bitcoin, you must have peace of mind because the current price movement of Bitcoin is very wild compared to the previous few years.
So as long as you can accept the risk, you can choose it and only use the money you can afford to minimize the loss.
Playing around on meme coins can be a solution but it's very difficult as there are so many meme coins out there and we need to know which meme coins can give us big profits later. Maybe that includes gambling with meme coins because we buy with little money and hope to earn big. And this is the hope of new investors tempted by new projects that need to be more familiar to them.
Meanwhile, investing using the all-in method is risky, especially if it is a new altcoin or coin project. But if you invest in Bitcoin, you must have peace of mind because the current price movement of Bitcoin is very wild compared to the previous few years.
So as long as you can accept the risk, you can choose it and only use the money you can afford to minimize the loss.
It looks like the OP decided to just joke, which all the users who unsubscribed above did not understand. Sometimes advice like this can also help get people reading it to take everything with a "not" prefix. It's easy to guess the theme's motive just from the title, and guys, it's strange to read your comments taking this topic seriously.
OP, rephrase the topic to "bad advice."
OP, rephrase the topic to "bad advice."
Look, OP, what you've written is crap that boils down to recommending people to play roulette to see if they hit the jackpot. The only good thing I get out of what you say is this:
Someone who has a low income has to increase their income first of all. He doesn't even have to think about investing, because since he has very little capital, he probably needs it to cover his basic needs, and if he saves a little and hopes to get rich, he can only try to hit the lottery as you are recommending.
It is better to increase your income and look for alternative sources of income, until you have a calm economic situation, with an emergency fund for unforeseen events and an income that besides allowing you to cover your needs, has a surplus for savings and investment. And then, the best thing to do is not to play roulette, as you recommend, but to make DCA of good financial assets such as Bitcoin or index funds. It is a slow but safe and quiet process of enrichment.
WORK to Earn:
Find ways to increase your income. If Grab/Ubers isn't enough, go do some grunt work or community management. Maybe you'll make $50/month and chuckle about it. 🤣
Find ways to increase your income. If Grab/Ubers isn't enough, go do some grunt work or community management. Maybe you'll make $50/month and chuckle about it. 🤣
Someone who has a low income has to increase their income first of all. He doesn't even have to think about investing, because since he has very little capital, he probably needs it to cover his basic needs, and if he saves a little and hopes to get rich, he can only try to hit the lottery as you are recommending.
It is better to increase your income and look for alternative sources of income, until you have a calm economic situation, with an emergency fund for unforeseen events and an income that besides allowing you to cover your needs, has a surplus for savings and investment. And then, the best thing to do is not to play roulette, as you recommend, but to make DCA of good financial assets such as Bitcoin or index funds. It is a slow but safe and quiet process of enrichment.
Quote
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.
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.
Out of all the stuff you have mentioned, sorry but I think this is the worst advice and making your statement as a “financial advice”. And what makes it even worse is the adding of “maximize” word to that.
Are you including this step just because of your personal experience? Congrats if you are actually the one with the luck and experience, but this should not be included to be honest especially for newbies who are struggling to make little money and then you advice them like this? No disrespect but this is just real talk buddy.
This is just based on luck and right timing, but the chances are very slim if you are not skilled enough to pull this one through.
Same thing for airdrops where it does not offer any promises or guarantees too. It may be a waste of time for others, but not all of it. Just being smart to spend time in some promising ones like what Arbitrum, Optimism, Aptos, Blur, Arkham and the other ones.
There is nothing wrong about work to earn and having additional gigs, as long you know to be smart in your money management decisions rather than investing in on something without doing proper research first.
Less money will not help you to improve in profit making, because many that started with little amount of money to trade cryptocurrency are still struggling to get something good from their trading which is very difficult for such traders to make it on time in the community. I can still remember when I tested the crypto trading with small money hoping that I will become richer before the end of the year but through out that year the price of Bitcoin became very low that made me to experienced losses because I have to sell to save my family from hunger at the moment. If you can work hard to earn huge amount of money before you can start buying potential coins and start trading when their price is high in the market, I think it will make you to get richer.
I don't recommend airdrop at all. They are a waste of time and electricity.
There are trading methods but spot is the only one recommended here. Beyond that I suggest people to get a job and if required get a proper degree because that can help in the long run if you have experience with it.
Gig jobs will never be everything because who knows when your health might detoriate and then you would be at a loss.
There are trading methods but spot is the only one recommended here. Beyond that I suggest people to get a job and if required get a proper degree because that can help in the long run if you have experience with it.
Gig jobs will never be everything because who knows when your health might detoriate and then you would be at a loss.
If you have a modest amount, let's say $150 a month to invest, here's a mindset to consider:
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.
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.
Farming Airdrops:
Rolling rewards are also quite smooth. Focus on L2 Ethereum solutions.
WORK to Earn:
Find ways to increase your income. If Grab/Ubers isn't enough, go do some grunt work or community management. Maybe you'll make $50/month and chuckle about it. 🤣
Every player has a different strategy. Every flower has its own branch, every home its scene. Remember, don't lump everyone together.
This idea of becoming rich as quickly as possible is precisely what ends up getting newbies and even people that should know better in huge trouble, maybe one in one hundred could become successful with your strategy, but what is the point of following a strategy that ruins the majority of those that follow it? So if someone wants to improve their living conditions they have no other option but to do it like everyone else before them, by working hard, spending less than what they earn, invest for decades and then enjoy a comfortable life after all of that effort.
If you have a modest amount, let's say $150 a month to invest, here's a mindset to consider:
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.
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 not an investment, meme coin trading is rather a bet on luck. In the worst case scenario I'll lose my sanity.
Not advice to be turned down at all, but I personally wouldn't involve a lot of money with it. $150 is enough to feed you 2 months in a rural area in my country.
The meme plays which are 100x are not that easy. Do you know how many rug pull meme tokens are created everyday. Even if you found 1 you would lose out on the 500 others which were scams.
Same deal with airdrop farming. You got so many people doing it these days that it’s very easy to get labeled a Sybil farmer and not qualify or get a small 3 figure airdrop.
Same deal with airdrop farming. You got so many people doing it these days that it’s very easy to get labeled a Sybil farmer and not qualify or get a small 3 figure airdrop.
if we have limited funds and want to get rich quick, or have significant returns, I think we have to be brave enough to be speculators, take higher risks, I do this too. but if I have large capital I think investing is safe like in bitcoin or ethereum, it's enough. therefore a meme coin or a new project provides a great opportunity for us to get a jackpot, but we also have to understand the risks, and analyze them carefully, to reduce prediction errors. I experienced exactly this in 2017, where some of the new altcoins exploded, so I got good results
Among the list, this is for me the most considerable because you need fund to do it and when you ape in random meme coins or shitcoins, you can do it even a small amount of money but make sure to avoid Ethereum network if you will use Decentralized Exchange (DEX).
This way also is a high risk, high reward. Since you are saying it's less money, make sure you afford to lose it and are able to take profits based on your plan.
I will not chase shitcoins but will use my cryptocurrency like Ethereum or BNB to do retroactive airdrops from potential projects that raised very big capital. I think they are safer than invest in shitcoins or meme tokens.This way also is a high risk, high reward. Since you are saying it's less money, make sure you afford to lose it and are able to take profits based on your plan.
I will do on-chain transactions with them naturally and will not focus too much on so many task. If a newbie does not have enough fund for on-chain transaction fee, another good way to work and wait for good earning without initial capital is to participate in testnet tasks in retroactive airdrops. It is not my choice as I can afford to spend some capital for on-chain transactions.
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.
Among the list, this is for me the most considerable because you need fund to do it and when you ape in random meme coins or shitcoins, you can do it even a small amount of money but make sure to avoid Ethereum network if you will use Decentralized Exchange (DEX).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 way also is a high risk, high reward. Since you are saying it's less money, make sure you afford to lose it and are able to take profits based on your plan.
What a stupid piece of advice overall... I hope you are just joking or trying to troll. Read your post again tomorrow when you are sober and tell us if it isn't useless. IF someone has less money, it already means they can afford loss it especially in a gambling like kind of trading/investment
In most cases, those who hope to make money with less money are those who don't have that much money to spare. Asking then to be willing and ready to lose $150monthly if they aren't met by luck is you asking them to be ready to lose a major source to their life's stability. Many won't want that and I wouldn't advice it either.
If they've got that much to spare in a month, it wouldn't hurt for them to invest it in bitcoin and hodl for a long term. Better still, now that the market dumped a little with hopes of a bullrun after the halving next year.
Money helps you to make more money and in the event that you don't have money, you'll have better chance having a skill to offer. Learn a skill, go public on it and could get contracts that brings referrers. You'll be good that way than, gambling away funds.
If they've got that much to spare in a month, it wouldn't hurt for them to invest it in bitcoin and hodl for a long term. Better still, now that the market dumped a little with hopes of a bullrun after the halving next year.
Money helps you to make more money and in the event that you don't have money, you'll have better chance having a skill to offer. Learn a skill, go public on it and could get contracts that brings referrers. You'll be good that way than, gambling away funds.
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 would be the worst decision. Once a trader gets into this game it will become an addiction, as it cannot be any trading or investment strategy it will turn into complete gambling. Even with small amounts you can survive in the market, there are many solid projects that can give you a good long term return and even 10-100x returns during bull market. 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.
So why would a trader go to memecoin and high leverage trading with maximum risk! I think a trader should invest the most time in learning the market. Because when a trader knows about the market and acquires knowledge about the market then they never take such risk.
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.
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. 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.
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)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.
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.
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