Topic: How to get a crypto asset? - page 2. (Read 1065 times)
Sometimes it happens to some people, but what I want us to know and also understand is that, whatever we are doing we are suppose to take precaution knowing that investment is all about risks and when you're not you know that you can't withstand risk you have to calm down and ensure you're strong enough to stand again whenever you fall...try to understand well, I believe that for you to take this risk you already know your backup, because its very difficult for you loan funds from people because is very hard now.
I seems not to comprehend you correctly because you said of being indebted about 70k usd loan and you are seeking for further loan after haven't cleared the first loan you put yourself into? Whom do you think would bear this risk giving out loan to you knowing that you had no means of paying back the loan. Okay what then now happened if you meet your relatives and friends in real life to ask for help to assist you. Like you know it's not always advisable taking loan for investment, or gambling be it trading because you could lose the money at any given time.
The Op is just frustrated with the whole situation; his or her first mistake was having overconfidence in an online asset. Even if the asset is not online, it's always very risky to take a loan from someone or company to invest in it without having an alternative option of paying back that loan aside from the same place you invested it in.That moment the OP was using another means to try to cover up the debt that's being owed. Instead of looking for a way to get a job that can help him settle a few of the loans, he is still looking for another loan, which will incur more interest, making it impossible to pay back.
To invest in cryptocurrency, it's important to have a source of income. Borrowing money and investing in it can lead to losses and debt, so it's best to have a support system in place. And it is best to invest your understanding in bitcoin first before attempting to invest in other coins because only bitcoin will minimize your losses, as opposed to other coins, which will decrease dramatically and cause you to lose all of your assets.
Your advice is well written and a good one for all beginners to follow. Borrowing money to invest is not a good investment strategy. It can be very tempting but you will be making a mistake that can give you debts instead of giving you a profit as you intended. The best way to get a crypto asset like Bitcoin is to acquire it through buying. You can use other methods that might be through receiving a crypto asset as payment for your services or you receive it as an airdrop or giveaways that comes free still, the best way to get one is to buy and you will not have to be stressing yourself to do different tasks just to receive small crypto assets. Crypto assets is something we need to own and Bitcoin is the most important one that every beginner just joining the market needs to have before anything else.
You should search for a job to have an income and start to invest in crypto. That is the thing that you can do because you still need to have an income to fills your daily needs. Forget about investing in crypto if you can not fills your daily needs because that is the basic thing that you must do.
If you already have an income, you can try to manage your money to many needs and see how much money left. If that is the money that you can use for any things, you can do that to invest in crypto. And if you think that investing in Bitcoin is difficult, you don't have to start and delay it until you are sure with your decision. We can only give suggestion for you and the rest will be up to you because you need to have an income first to fills your daily needs before start your investment.
If you already have an income, you can try to manage your money to many needs and see how much money left. If that is the money that you can use for any things, you can do that to invest in crypto. And if you think that investing in Bitcoin is difficult, you don't have to start and delay it until you are sure with your decision. We can only give suggestion for you and the rest will be up to you because you need to have an income first to fills your daily needs before start your investment.
To invest in cryptocurrency, it's important to have a source of income. Borrowing money and investing in it can lead to losses and debt, so it's best to have a support system in place. And it is best to invest your understanding in bitcoin first before attempting to invest in other coins because only bitcoin will minimize your losses, as opposed to other coins, which will decrease dramatically and cause you to lose all of your assets. If you have bitcoin you are already a crypto person already because bitcoin is the best that you will invest and enjoy the profit but is just that is not easy to achieve it you need to be patient enough to hold for long term. And you need to get funds and have source of income before you understand bitcoin, without funds no investment without source of income no capital to invest for period of time.
Also according to OP's reputation, what do you think?
Honestly I don't know what to say, because you can't said what you didn't see or sure of, but the the kind of things that the Op use to post will take a lot of people's thinking too far, this is not his first time neither his second time, someone that want to take a loan without keeping any collateral is not a trustworthy person, because if he have any plan of paying back the debt, he will not be offended, bother or furious about keeping anything as a collateral, so also someone that has conscious will not think of taking another loan when he has a burden of debt on his head. But has they said "don't judge a book by it cover" we don't have enough evidence to show that he is a scammer, so we don't have to think of him as one. He may be a scammer or he may not, some people have the habit of begging without any shame to the extent that they will cook any story for them to get what they want, may be the op is that kind of person.
Lastly, if what he said is actually true, I pray that he overcome all the difficulties and challenges he his facing in his life, and may his life becomes better, stable and balanced again.
One time I invested all my crypto assets to luna coin. Luna price was very upright. For that I took bank loan and took personal loan from many people and invested in luna.
But after the luna crush my life is simply horrible now. I am around 70k USD debt. People are forcing me to pay back their money. This is the real history of my background.
But after the luna crush my life is simply horrible now. I am around 70k USD debt. People are forcing me to pay back their money. This is the real history of my background.
Feeling very sad about the situation. But your statements indicate that you fall into the trap of greed. If you had your own funds in BTC which you invest in Luna, then you don't have to take loans from Banks and friends. But human behavior and nature lead you to trouble.
In the thread already much better options and solutions are mentioned.
But my honest solution is not to fall into the trap again by getting more loans, instead focus on skill development and learn new things which will increase your earnings ultimately.
Getting a loan to clear a previous loan is not a wise decision.
But, how could I do it? I tried for 2 years, but it is not working. I am not being able to earn enough.
Mate, could you suggest me any way?
For an example, Is there any way of getting big loan for large duration?
I seems not to comprehend you correctly because you said of being indebted about 70k usd loan and you are seeking for further loan after haven't cleared the first loan you put yourself into? Whom do you think would bear this risk giving out loan to you knowing that you had no means of paying back the loan. Okay what then now happened if you meet your relatives and friends in real life to ask for help to assist you. Like you know it's not always advisable taking loan for investment, or gambling be it trading because you could lose the money at any given time. Mate, could you suggest me any way?
For an example, Is there any way of getting big loan for large duration?
Exactly debt can not solve your problems rather it will continue to increase your problems, so I suggest that you trade with the little amount of money that you have to the best of your knowledge and also work very harder with all your power. If you didn't give up you will be able to overcome all your difficulties and your life may change for good. Whenever you are facing a lot of challenges in life and you are in need of money, getting loan is not the only thing that can solve your problems. Before involving yourself in any kind of debt, First of all you have to think about how to pay back the loan you are about to take and make sure you have confidence on yourself that you will be able to pay the debt without it causing you any damages. The most important thing for you to do is to think calmly. and make a good budget on how you are going to spend the loan wisely. getting loan again and again to solve one problem will bring you a lot of problems that you may find it very difficult to free yourself from them. So I advise you to forget about taking another loan, just hustle and also continuing searching for job, and don't give up easily, and look for another way to balance your life apart from loan.
I'm not sure why you bumped this topic after several months. I just can't get the motive as there are already 60+ comments from different perspectives and it was an old and inactive topic. Also according to OP's reputation, what do you think?
For the rest, your advice is quite decent, having multiple sources of income before getting oneself involved in heavy debts, as haha you need to tackle things that how are you gonna repay first.
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You should search for a job to have an income and start to invest in crypto. That is the thing that you can do because you still need to have an income to fills your daily needs. Forget about investing in crypto if you can not fills your daily needs because that is the basic thing that you must do.
If you already have an income, you can try to manage your money to many needs and see how much money left. If that is the money that you can use for any things, you can do that to invest in crypto. And if you think that investing in Bitcoin is difficult, you don't have to start and delay it until you are sure with your decision. We can only give suggestion for you and the rest will be up to you because you need to have an income first to fills your daily needs before start your investment.
If you already have an income, you can try to manage your money to many needs and see how much money left. If that is the money that you can use for any things, you can do that to invest in crypto. And if you think that investing in Bitcoin is difficult, you don't have to start and delay it until you are sure with your decision. We can only give suggestion for you and the rest will be up to you because you need to have an income first to fills your daily needs before start your investment.
I am confident that I will be able to generate 5k from only 150 by trading. For this reason I am asking for a loan.
If you are confident in your abilities, trade to the best of your financial ability, don't add to your problems with debt, because debt will not solve the problem,
If you don't have funds, look for work that can provide you with capital to trade,
STOP getting into debt because it will cause you more problems and there will be no end to your poverty
Exactly debt can not solve your problems rather it will continue to increase your problems, so I suggest that you trade with the little amount of money that you have to the best of your knowledge and also work very harder with all your power. If you didn't give up you will be able to overcome all your difficulties and your life may change for good. Whenever you are facing a lot of challenges in life and you are in need of money, getting loan is not the only thing that can solve your problems. Before involving yourself in any kind of debt, First of all you have to think about how to pay back the loan you are about to take and make sure you have confidence on yourself that you will be able to pay the debt without it causing you any damages. The most important thing for you to do is to think calmly. and make a good budget on how you are going to spend the loan wisely. getting loan again and again to solve one problem will bring you a lot of problems that you may find it very difficult to free yourself from them. So I advise you to forget about taking another loan, just hustle and also continuing searching for job, and don't give up easily, and look for another way to balance your life apart from loan.
Mate I really am sorry for your loss and your situation now. Unfortunately I don’t think investing would be the right call for you. It is a risky option even if it is profitable and I am sure you have learned that by now. But it will not be the solution to your problems. What you need to do is find a way to generate income huge enough to pay all of your debt.
I am cheering you on and good luck! Keep fighting.
I am cheering you on and good luck! Keep fighting.
Hi, I understand the challenges you're facing right now, but I believe you have the capability to gradually overcome them. Let's first focus on tackling your current debt situation. Given your extensive experience in web development, you can explore part-time projects or remote job opportunities to leverage your skills and increase your income, thereby slowly paying off your debts.
Once you begin reducing your debt, you'll feel a sense of relief and liberation, which will bring you more positive motivation and mindset.
Once you begin reducing your debt, you'll feel a sense of relief and liberation, which will bring you more positive motivation and mindset.
OP, did you read the name of the board you raised this topic. Its even annoying because the topic seems a little interesting but when i jumped and read what you have said i wasn't wondering how does that relate with the topic. We all have our various problems and where the shoes pain us, but we keep them to ourselves by finding way personally to solve them, this forum does not raise funds for someone to pay debt especially 70k USD debt. And you have such a nice skill, put them to use in the service board someone may need your services and you will get the 150$ you need and even more.
If he really has such great skills, why can't he repay the debt himself? For someone who is confident that he can make money easily but cannot pay off his debts and starts asking others for help, I believe he is just a stupid scammer. I even doubted he was a gambling addict, because only a gambling addict would dare to claim that he could win thousands of dollars from $150. No trader would dare to make such bold statements, even professional traders and only gambling addicts would dare to make statements without this thought.
From what the OP has said, I don't see any credibility and he deserves help. You should not refer him to the service board, you are just giving instructions to scammers looking to scam others.
Buy on an Exchange: Purchase them from a cryptocurrency exchange like Coinbase or Binance.
Mine Them: Use computing power to validate transactions and earn new coins.
these 2 seems to be impossible for him because he admits having no money or capital to start trading so this part maybe pass for him.Mine Them: Use computing power to validate transactions and earn new coins.
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Receive as Payment: Accept cryptocurrency for goods or services.
if he has knowledge or skills then why not? but this seems to be not his thing because if does then he may have created His own thread in service section to offer for money.Quote
Earn through Staking: Participate in staking programs on proof-of-stake blockchains.
I am not familiar with this, do we also need a capital when staking right? 
You asking for loans and want to increase your debt again? Try working at someplace and repay the existing debts slowly from the earnings of the job. In the meantime, invest a little amount in stocks and cryptos also. No one is sitting here idle to give you money on loan. You need to work hard and need to pull yourself out of this distress. Yes, we all know that investing in Luna hasn't favored you much, but that was just your hard luck, I must say. Now get up and start doing any work.
Well one thing I believe is that you have to understand the root of everything market is not something we should just go into and be sitting down expecting it to go high yes of course you are right it's my go high and it might actually fall but this is different bitcoin can actually go high can actually for bought it to the extent that you will lose all your money your money can always depreciate in bitcoin because of the market flow but you will never lose all your money between happen it will only depreciate and people will think that it has fall to the point and it won't high again by the time you look back to it it will come back to the high the way it was before it's just a matter of patience that is one thing I understand bitcoin for once you are patients with it it will always behave good and you will do and have patient and it will high again maybe if you want to do some withdrawal you do or go out from the market all things about bitcoin is patient sorry for your lost
There is no human test that he cannot overcome. Think about it until now, and you are still overcoming it little by little without realizing it. Just look for a solution;
just show God that you are working on a way and looking for a solution, and sure, in the end, you will see that too.
You can solve your problem by staying here in the field of crypto space, as long as you know what you should do, but of course you need to learn everything first. Don't rush;
slow is fine as long as it's safe.
just show God that you are working on a way and looking for a solution, and sure, in the end, you will see that too.
You can solve your problem by staying here in the field of crypto space, as long as you know what you should do, but of course you need to learn everything first. Don't rush;
slow is fine as long as it's safe.
OP, did you read the name of the board you raised this topic. Its even annoying because the topic seems a little interesting but when i jumped and read what you have said i wasn't wondering how does that relate with the topic. We all have our various problems and where the shoes pain us, but we keep them to ourselves by finding way personally to solve them, this forum does not raise funds for someone to pay debt especially 70k USD debt. And you have such a nice skill, put them to use in the service board someone may need your services and you will get the 150$ you need and even more.
This is the reason why is good to read very well before commenting because if you follow topics sometimes you will be speaking off topic, when I saw the this topic I was thinking is more of crypto advise but seeing the content I was surprised because they are two different things and besides with the content of the post this topic would actually be more suitable on the service board because it has to do with service to render, one thing I will tell the Op is that he shouldn't think that his own is the worst because each and every individual has there own problem and they are handling it in a way they can. 
OP, did you read the name of the board you raised this topic. Its even annoying because the topic seems a little interesting but when i jumped and read what you have said i wasn't wondering how does that relate with the topic. We all have our various problems and where the shoes pain us, but we keep them to ourselves by finding way personally to solve them, this forum does not raise funds for someone to pay debt especially 70k USD debt. And you have such a nice skill, put them to use in the service board someone may need your services and you will get the 150$ you need and even more.
Buy on an Exchange: Purchase them from a cryptocurrency exchange like Coinbase or Binance.
Mine Them: Use computing power to validate transactions and earn new coins.
Receive as Payment: Accept cryptocurrency for goods or services.
Earn through Staking: Participate in staking programs on proof-of-stake blockchains.
but he has no capital at all? or else you did not read the whole post mate .Mine Them: Use computing power to validate transactions and earn new coins.
Receive as Payment: Accept cryptocurrency for goods or services.
Earn through Staking: Participate in staking programs on proof-of-stake blockchains.
Yes, I am trying to work hard. But I am not being able to recover everything. So, I am asking for help. This help may be followings -
1. Giving online job
2. Giving ideas
3. Others whatever is possible
Nothing that we can help you from these 3 but only advise , and don't try to force people to give 1. Giving online job
2. Giving ideas
3. Others whatever is possible
you what you seems to be needed because all of us are also trying to gain our own crypto asset and
build our portfolio .
and also what skills can you provide so people here will find a way if there are something we can bring you.
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