How to get rich - page 2. | Bitcointalksearch.org

AlphaBoy

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Merit: 17

Quote from: Sinancryp on May 11, 2024, 10:22:30 AM

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

That depend about where do you live.
but the best advice I can give you is to try to limit your spending and entre the crypto market, buy anything that has a limited supply such as Bitcoin and XRP XMR BB, don't fall for the NFT.
how ever I also suggest trying your luck with creating a new ideas and bringing them to the life, build project and invest in things other that the Crypto market.

MissNonFall9

member

Activity: 196

Merit: 15

Quote from: Sinancryp on May 11, 2024, 10:22:30 AM

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

Believing in yourself is very important as you believe you know much about your work. This is a good aspect that will help you to move forward but it is really sad that it is not profitable after that, which shows your lack of knowledge on the right subject. I think trading knowledge is a long process. So you need to be more specific be more visionary and have smart work ideas and application skills which I strongly believe will lead you to success.

Dimitarus

newbie

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Working for someone else means you won't get rich, unless of course you have a UK education. You need your own business, your own business that brings pleasure.

Orange89

jr. member

Activity: 1134

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I WANTED EVERYONE TO BE HAPPY IN LIFE

Always have the plan B don't rely on your trading plan , trading is really risky and can even have your portfolio zero wait you are 19 so you can learn about new skill and get a job but you not get huge money , to became rich remember be a producer don't be a consumer that's what I learn in my life thank you

PatriotMira

newbie

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You can't become rich without your own business.

MeGold666

jr. member

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Merit: 37

Quote from: Betwrong on June 29, 2024, 05:40:21 AM

I see that you have good intentions, you want to give a valuable advice on the topic, but I disagree with you. Don't advise something like that, especially if you yourself have never broken any rules in your life.

It's ok for you to disagree with me, but it's NOT ok for you to tell me what I can and can't write.
We have moderators and forum rules to obey, if they see my comment inappropriate - they can remove it and ban me if they see it as the right thing to do.
Also, you didn't catch the sarcastaball. All I wrote is the truth.

Cheers Wink

Ishicryptic

full member

Activity: 196

Merit: 91

Quote from: Sinancryp on May 11, 2024, 10:30:44 AM

I'll try out trading until the end of 2024 and then we'll see. I find long-term investing really more interesting, but the problem is that I don't have the capital. 3k won't do me any good if I turn it into 10k as an example and the next BTC halving won't be until 2028

First thing that you need to understand about Bitcoin trading and investment is that they are not get rich quick schemes and I think that it is better for investors and traders to have other sources of income. As you are experiencing loses in trading, if it is your only source of income, that means that you should be totally broke and bankrupt without any hope of making money. You are young and you have skills, why not focus on making money from those skills and make money to invest in Bitcoin on long term, also you can get an experienced mentor to guide you in your trading, while you diversify some of your earnings into trading it.

Betwrong

legendary

Activity: 3500

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🌀 Cosmic Casino

Quote from: Lion0 on July 02, 2024, 10:15:16 AM

If we have to make our future bright then we must be rich so if we have to work we have to work hard without hard work you can never progress you have to work very good amount of talent you need if you If you work online then you can earn good income very easily then you can become rich very easily

Getting rich is never easy. There are 5 billion people using internet these days, all of them would be rich if it were so easy.

Huliya

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Activity: 60

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Quote from: Sinancryp on May 11, 2024, 10:22:30 AM

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

Trading can be profitable in the long run, but it requires knowledge, discipline and experience, especially important. Consider long-term investments while refining trading strategies.

Continuous learning and practice are the keys to long-term success.

Lion0

newbie

Activity: 11

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If we have to make our future bright then we must be rich so if we have to work we have to work hard without hard work you can never progress you have to work very good amount of talent you need if you If you work online then you can earn good income very easily then you can become rich very easily

OlegHelg

newbie

Activity: 1

Merit: 0

Quote from: Bulltard on May 11, 2024, 10:26:08 AM

Quote from: Sinancryp on May 11, 2024, 10:22:30 AM

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

you know a lot and yet you're not profitable after a year?

maybe you don't know as much as you think.
wanna be rich? be a good investor, not a good trader.
find projects you believe in, projects you feel close to, research them (like a lot), buy early and hold.
you're 19... you'll be rich at some point if you have the balls to hold and the work ethic to really search for the good stuff

Maybe you should besides investing in stocks, bonds, bitcoin. Pay your attention to accumulating funds and investing in more stable assets. For example, in real estate through https://immigrantinvest.com/blog/top-countries-get-passport-for-investment-en/ best citizenship by investment. But you should try all options

nurnbergprocess

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Quote from: cute nmp on June 25, 2024, 12:10:13 AM

Work harder , invest your time in things that benefit you and have more patience with everything that ones your way .

That's right, career growth is needed

Betwrong

legendary

Activity: 3500

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🌀 Cosmic Casino

Quote from: MeGold666 on June 23, 2024, 02:15:37 PM

I tell you the truth but you may not like it.
You've probably heard that saying that first million you have to steal ? it's not a lie.

System we live in is created to make you a slave, you're a living battery that's powering this unruly machine like in the "Matrix" movie.
In order to become free from it you must break it's rules, cheat wherever you can in this unfair game and lie whenever you have to, whatever it takes to become #1.

Anyone who says you can make it legally is a liar.

At least that's what I've heard, I have never broken any rules in my life Cool

I see that you have good intentions, you want to give a valuable advice on the topic, but I disagree with you. Don't advise something like that, especially if you yourself have never broken any rules in your life.

cute nmp

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Work harder , invest your time in things that benefit you and have more patience with everything that ones your way .

Chulabebest

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Quote from: bestcandy on June 22, 2024, 08:47:56 PM

Quote from: Sinancryp on May 11, 2024, 10:22:30 AM

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

If truly you have adequate knowledge of everything you claimed here I believe you on the right track to success. However, for you not to have been successful could be that you are not doing the right thing in the system so I will advice you to seek more clarifications from those that are ahead of you in the system to enable you know the resource you will put you that will give the expectable return.

I thought the writer of the post was about telling us how to get rich. He should also understand that becoming rich is not just something that happens in months or a few years. It may look like for some moment things are not working too well (profitable) but that's laying the foundation for those riches to come. If he loves what his doing and knows how good he is doing it then I encourage him to be consistent.

MeGold666

jr. member

Activity: 28

Merit: 37

I tell you the truth but you may not like it.
You've probably heard that saying that first million you have to steal ? it's not a lie.

System we live in is created to make you a slave, you're a living battery that's powering this unruly machine like in the "Matrix" movie.
In order to become free from it you must break it's rules, cheat wherever you can in this unfair game and lie whenever you have to, whatever it takes to become #1.

Anyone who says you can make it legally is a liar.

At least that's what I've heard, I have never broken any rules in my life Cool

arnoldtailor

newbie

Activity: 1

Merit: 0

Quote

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

Trading can be profitable in the long term, but it requires extensive knowledge, experience, discipline, and risk management. Many successful traders emphasize the importance of continuous learning and adapting to market conditions. While it’s possible to achieve consistent profits, it's also essential to be prepared for potential losses and consider diversifying your investments. Balancing your trading with your IT education and exploring various investment strategies can enhance your chances of long-term success. Regards: pentagondetailing.com

peter0425

sr. member

Activity: 2618

Merit: 439

"How to get rich?"

I wish I also knew lol. We have a lot of ideas how to be rich but what hinders us is ourselves. Whether be it lack of resources or just too much responsibility to think about getting rich, there are things that we cannot simply do.

Quote from: Sinancryp on May 11, 2024, 10:22:30 AM

Does trading really work in the long term to be profitable?

Trading is supposed to be profitable in the short term it is not something you have to wait for until you become profitable. I suggest trying to reflect on your strategies and see what could you be doing wrong

bestcandy

jr. member

Activity: 60

Merit: 2

Quote from: Sinancryp on May 11, 2024, 10:22:30 AM

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

If truly you have adequate knowledge of everything you claimed here I believe you on the right track to success. However, for you not to have been successful could be that you are not doing the right thing in the system so I will advice you to seek more clarifications from those that are ahead of you in the system to enable you know the resource you will put you that will give the expectable return.

EvanDuke

newbie

Activity: 3

Merit: 0

Quote from: PatriotMira on June 17, 2024, 04:00:08 AM

I wish everyone to find their happiness and wealth! I'm looking too Sad

thank you so much, and I wish you the same

Topic: How to get rich - page 2. (Read 860 times)