Topic: How to get rich (Read 835 times)
I don't know how? What should I do? How do I get started?
what i do is buying Shiba Inu with all the money i can invest(Not Daily Expenses), and hold it for 10 years 
that's a good question. I want to find easy way too. That's why I play blackjack games to get money fast. Games like blackjack, poker, and roulette involve learning about probability, odds, and statistical thinking. Regular players often become adept at calculating risks and rewards, which can be useful in other decision-making areas of life. Players can benefit from the thrill of competition, the chance to improve strategic thinking, and the opportunity to win rewards.
Trading can be profitable in the long run but it's tough because markets are unpredictable and emotions can interfere with decision making. You can try to improve your chances by focusing on other ways to invest for the long term while still trading. Since you're studying IT, maybe you can also combine your tech skills with trading by looking into things like algorithmic trading or data analysis.
If you really want to be very rich. But you have to acquire some skills which 80% people don't know.
because more people only knows and relied in STUDY(SCHOOL) than having skill and this is the main reason why we cannot cope with what is the best treat for life.and wanting to be VERY RICH? then that is far different from what will come your way .
I don't know, can you tell me? And how much money do you need to start?
this need to take long time and starts with small capital . How to get rich there are many principles by which someone can apply and be rich. Live is based on principles, when you follow the right principles of becoming rich definitely that person will be reach.
If you want to be rich you must start somewhere.
If you want to be:
1. Your expenses must not be higher than your income.
2. You must not spend your capital.
3. You must have a mentor who you are looking at to become like.
4. Seek advice from those who are doing better than you in that area of your field.
5. You must be focus on where you are going.
6. You must be determined to get to your destination no matter the challenges.
7. You must not give up.
8. Always make yourself happy while putting your best in your goals.
With all this principles the sky will be your limit.
If you want to be rich you must start somewhere.
If you want to be:
1. Your expenses must not be higher than your income.
2. You must not spend your capital.
3. You must have a mentor who you are looking at to become like.
4. Seek advice from those who are doing better than you in that area of your field.
5. You must be focus on where you are going.
6. You must be determined to get to your destination no matter the challenges.
7. You must not give up.
8. Always make yourself happy while putting your best in your goals.
With all this principles the sky will be your limit.
This is basic knowledge, I agree, but it's not enough, you need money to start a business
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 about the world of cryptocurrency and the world of investment, but in a year you still haven't felt any profit. Maybe you misplaced your stock investments. It could be that you also use the wrong strategy and mechanism in managing your shares. maybe you have a lot to learn at your young age..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?
I don't know, can you tell me? And how much money do you need to start?
How to get rich there are many principles by which someone can apply and be rich. Live is based on principles, when you follow the right principles of becoming rich definitely that person will be reach.
If you want to be rich you must start somewhere.
If you want to be:
1. Your expenses must not be higher than your income.
2. You must not spend your capital.
3. You must have a mentor who you are looking at to become like.
4. Seek advice from those who are doing better than you in that area of your field.
5. You must be focus on where you are going.
6. You must be determined to get to your destination no matter the challenges.
7. You must not give up.
8. Always make yourself happy while putting your best in your goals.
With all this principles the sky will be your limit.
If you want to be rich you must start somewhere.
If you want to be:
1. Your expenses must not be higher than your income.
2. You must not spend your capital.
3. You must have a mentor who you are looking at to become like.
4. Seek advice from those who are doing better than you in that area of your field.
5. You must be focus on where you are going.
6. You must be determined to get to your destination no matter the challenges.
7. You must not give up.
8. Always make yourself happy while putting your best in your goals.
With all this principles the sky will be your limit.
I need my own business exclusively, I already have a couple of ideas, but I need to earn some money to implement and create a monetary security cushion.
The question that torments everyone. We need an original idea 
If you really want to be very rich. But you have to acquire some skills which 80% people don't know.
There are a lot of ways to get rich t depends on what you are good at . Also always work smarter not harder cause most rich people are successful not because they work harder than others but because they are more smarter in doing things than many others .
Does trading really work in the long term to be profitable?
Cryptocurrency trading is trending now. Income is possible even with small amounts And how do I start doing this?
Does trading really work in the long term to be profitable?
Cryptocurrency trading is trending now. Income is possible even with small amounts
I'm asking myself the same question and I can't think of anything. Invest in the crypt? We need to study. You can invest in real estate, it's better than crypts and more reliable.
stop luxurious living , work hard and invest more.
Your money, your life, your responsibility .
because he really does not have that knowledge and only pretending to be one , because if he does for sure there is no way that he will be going to ask these things here.
Your money, your life, your responsibility .
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 about the world of cryptocurrency and the world of investment, but in a year you still haven't felt any profit. Maybe you misplaced your stock investments. It could be that you also use the wrong strategy and mechanism in managing your shares. maybe you have a lot to learn at your young age..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?
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 about the world of cryptocurrency and the world of investment, but in a year you still haven't felt any profit. Maybe you misplaced your stock investments. It could be that you also use the wrong strategy and mechanism in managing your shares. maybe you have a lot to learn at your young age..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?
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 about the world of cryptocurrency and the world of investment, but in a year you still haven't felt any profit. Maybe you misplaced your stock investments. It could be that you also use the wrong strategy and mechanism in managing your shares. maybe you have a lot to learn at your young age.. 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?
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
If you love South Park, write whatever you want, dude. I didn't mean to look like I'm the one who's telling people what to do. Especially when it's just writing some words is what they are doing.
Cheers
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?
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.
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. 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?
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.
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
You can't become rich without your own business.
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
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.
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.
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?
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.
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
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?
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
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
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
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
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.
Work harder , invest your time in things that benefit you and have more patience with everything that ones your way .
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 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?
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
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
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 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?
"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.
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.
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 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 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?
I wish everyone to find their happiness and wealth! I'm looking too 
thank you so much, and I wish you the same Trading is not for regular profit. It is very risky it will not always give you profit. You are only a boy of 19 years, If you trade at this age, and to incur losses, it will greatly affect you financially problem. So I think you should stay away from trading until you start earning enough money. Because anytime it puts you in big losses, you won't be able to cover those losses very easily if you don't have any other source of income. So make yourself a permanent money making place, then start trading.
he may have already earned enough from trading, which allows him to continue to move in this area
invest in real estate and rent out
~
Haha, spitting some real deal. Those that have talents and education and skills, you keep going on with your careers while doing some investments. You don't have to get on daily trading because you see people and influencers sharing their gains by doing it.
Not everyone is good at trading and it's real that many are just going back to their careers after thinking that they'd able to keep up with the market's brutality.
Just remember the meme about that "bro meme and mcdonalds hat".
Honestly, I have no idea what meme you are referring to. And I love memes! Can you please post it here? I mean, we are in the "Off-topic" section anyway.
I would like to share my find with you, jaxx online wallet is a popular crypto wallet that is famous for its user-friendly interface and a huge number of features. One of its key features is the ability to import wallets from other platforms. This feature allows users to consolidate their digital assets in one place, making it easier to manage and more convenient. Jaxx is designed with security and user control at its core. This emphasis on security also means that users take significant responsibility for managing their passwords and recovery information. This wallet has established itself as one of the most versatile and convenient cryptocurrency wallets available on the market. Its widespread popularity is due to its multi-asset support, ease of use, and robust security features. I'm sure many people will find this information useful, I strongly recommend you to read the information on their website in detail!
Tell me how to become rich...
I wish everyone to find their happiness and wealth! I'm looking too
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 need iether skillset or wealth for you to create more wealth.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 is for people that have the needed skills and that still have the capital that's required of them to get started in trading.
If you're not strong enough to handle looses, maybe you shouldn't consider going into trading but if you have things figured out and if you have been in the trading space for a handful of years and have gathered the basic trading experience, then this question is unnecessary.
Getting rich doesn't generally mean that you have to be on this space. There are super rich people that are in other sector that has nothing to do with crypto. If it's not your thing to create wealth through crypto, then it's best you identify which area will work best for you and stick to it. It could be business, IT, education, agriculture or any other field.
Trading is not for regular profit. It is very risky it will not always give you profit. You are only a boy of 19 years, If you trade at this age, and to incur losses, it will greatly affect you financially problem. So I think you should stay away from trading until you start earning enough money. Because anytime it puts you in big losses, you won't be able to cover those losses very easily if you don't have any other source of income. So make yourself a permanent money making place, then start trading.
Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.
Well said mate I think trading we look somehow difficult for him to understand just as you have already said earlier it will be better for him to go for Bitcoin investment and plan in self very well by setting up emergency fund and go for long term investment, I think that one is going to help him very well to earn a better profits.OP is asking how to get rich without capital because he even asking for Job that we can offer him.
This thread is going to be running far but the main purpose of OP has not getting any best respond .
but I cannot offer Him some job because we only have something on our own.
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?
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?
Unfortunately, if you ask whether trading is profitable, the answer is of course, but what determines whether you are profitable or not is yourself, if you are not able to manage your emotions well when trading, then don't expect to make a profit, you will only make a loss . If you want to trade then focus on that, don't do it half-heartedly
You need to have your own business and do what you like
How to be rich to me it depends on the time u create to your self,in everything you do all human want is time ,when the time is their you added it with consideration,I bet you if you just consider this two you will be ready to go at all time ,you will make it more than expected
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?
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 won't work for you as it is not working for most of the people. Use your IT education to get a good job instead of following this dream of all losers "to be self-employed".
Those that have talents and education and skills, you keep going on with your careers while doing some investments. You don't have to get on daily trading because you see people and influencers sharing their gains by doing it.
Not everyone is good at trading and it's real that many are just going back to their careers after thinking that they'd able to keep up with the market's brutality.
Just remember the meme about that "bro meme and mcdonalds hat".
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?
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 won't work for you as it is not working for most of the people. Use your IT education to get a good job instead of following this dream of all losers "to be self-employed".
Congratulations to you. You have learned a lot at the age of 19. It may be that reaching the position you are in is only a dream of many. That is, many could not learn even at the age of 29. But there is no end to learning. In this case, skills should be given more importance. Practice more. Success does not come to everyone the first time. Many get success in fast time. And in most cases, he has to be persistent for success to come. Do more analysis on the commodity or currency you are buying while trading. Check whether the price of the product may increase or decrease due to any reason after purchase. Good luck to you again.
yes , learning is continues and this will never ends until we decide to stopped ,success is coming together with failure and so ? yeah we should expect both to come but focus in learning to never fall for losing always.
Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.
yes , there have been tons of people who tries a better positioning in trading but they are losing because this is not the place where everyone will be happy.i have seen many of my friends who tries to become trader but only few that succeed and majority fails and never try back again.
Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.
Well said mate I think trading we look somehow difficult for him to understand just as you have already said earlier it will be better for him to go for Bitcoin investment and plan in self very well by setting up emergency fund and go for long term investment, I think that one is going to help him very well to earn a better profits.
Congratulations to you. You have learned a lot at the age of 19. It may be that reaching the position you are in is only a dream of many. That is, many could not learn even at the age of 29. But there is no end to learning. In this case, skills should be given more importance. Practice more. Success does not come to everyone the first time. Many get success in fast time. And in most cases, he has to be persistent for success to come. Do more analysis on the commodity or currency you are buying while trading. Check whether the price of the product may increase or decrease due to any reason after purchase. Good luck to you again.
Just invest every month what you can into ETFs and stay consistent about this over several years, you will make some money.
then still that will fall to HODLING in which the best way to deal in crypto specially when we are dealing with bitcoin that have been proven to be more and more functional and sustainable than
other way of investing.
Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.
actually not a lot of experience but instead a deeper knowledge and understanding and also Attitude because if you are greedy then trading is not for you.
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?
we are investors but we are still working because we knew that its hard to make money in very volatile market like this ,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?
and also getting rich is not that easy mate if you are not that knowledgeable about what investment area you are going to enter .
maybe you should focus working and also when you are gaining then invest for long term.
Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.
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?
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 have a good education, try to make money with it. I've said it many times, trading is like gambling and thus it shouldn't be your main source of income.
Just invest every month what you can into ETFs and stay consistent about this over several years, you will make some money.
nice advise , have you also done that? because before advising others then you must also have the funds to invest on it .Everyone wants to be rich. But there is no specific shortcut to get rich. To be rich you must be very hardworking. Hard work and honesty will help you become rich. Moreover, you have to invest your earned money in the right place.
even businessman started with small capital and earning this will take time but what we are seeing in crypto space is that people wanted to be rich in shorter timebut cannot afford when their stupidity and foolishness takes them into losing .
Everyone wants to be rich. But there is no specific shortcut to get rich. To be rich you must be very hardworking. Hard work and honesty will help you become rich. Moreover, you have to invest your earned money in the right place.
Rich is relative, it all depends on ourselves, there is no rich that doesn't have a process, everything needs a process, and nothing is instant, unless we boil instant noodles, who wants us to be rich, I think we all want it rich, but remember, don't just be rich in wealth, rich in heart is also very much needed for the lower class, helping others who are needed must also be implemented within ourselves, there is no need to wait for riches before we can help people, it is useless to be rich but never help others who are needed, So we have to change our lifestyle if we want to be rich, learn to invest correctly and do it carefully.
Everyone wants to be rich. But there is no specific shortcut to get rich. To be rich you must be very hardworking. Hard work and honesty will help you become rich. Moreover, you have to invest your earned money in the right place.
Glad your learning.
At 19 you don't know dick about anything financial. Period. Get that out of your head. You simply haven't been around long enough and your not at Harvard.
Education means little, experience means more.
Your time would be better spent starting a business to generate income. Pay someone to invest half your proffits and do the other half yourself. After 10 years you will learn a thing or two.
Good luck.
At 19 you don't know dick about anything financial. Period. Get that out of your head. You simply haven't been around long enough and your not at Harvard.
Education means little, experience means more.
Your time would be better spent starting a business to generate income. Pay someone to invest half your proffits and do the other half yourself. After 10 years you will learn a thing or two.
Good luck.
Just invest every month what you can into ETFs and stay consistent about this over several years, you will make some money.
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?
when you said You know a lot meaning you already knew how to make money but not having profit till now?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?
or maybe you don't really understand it deeply because I have a group mate in TG that is in your age but
he is capable of making money in crypto and yeah sending Himself in college without a penny coming from His parents.
being rich is the appearance of grandeur based on displaying lots of flashy, fancy, things that make those around you jealous
being wealthy is about having the financial freedom to afford lots of flashy, fancy things, but not needing/wanting to buy them because you prefer to keep the financial freedom of the ability to afford anything, rather than have wasted it by having it
rich people have lots of nice things, wealth is about the financial ability to afford nice things
there are many people that are 'rich' but then come into problems later, when circumstances of life cause harm to their freedoms. such as using debt to buy that fancy car, but later years the banks repossess that car
dont try to aim for being rich, aim for wealth
its better to be wealthy so that you can spend on the real things that make your life happy and content and not on things that make your friends/neighbours react/notice
being wealthy is about having the financial freedom to afford lots of flashy, fancy things, but not needing/wanting to buy them because you prefer to keep the financial freedom of the ability to afford anything, rather than have wasted it by having it
rich people have lots of nice things, wealth is about the financial ability to afford nice things
there are many people that are 'rich' but then come into problems later, when circumstances of life cause harm to their freedoms. such as using debt to buy that fancy car, but later years the banks repossess that car
dont try to aim for being rich, aim for wealth
its better to be wealthy so that you can spend on the real things that make your life happy and content and not on things that make your friends/neighbours react/notice
why don't you try to develop your skills in the it field? because if you are successful in that field, you can get quite a high income from it. because trading has risks and you need to be smart enough to carry out market analysis and choose the right instrument for you. not to mention you need to face potential losses if you choose to trade, so it's quite risky for you to rely on trading alone.
it's better for you to develop your skills in the it field and after you have succeeded in getting income from it, you can start investing in bitcoin or other assets that you trust. besides you can secure your job, you can also invest to make a profit.
it's better for you to develop your skills in the it field and after you have succeeded in getting income from it, you can start investing in bitcoin or other assets that you trust. besides you can secure your job, you can also invest to make a profit.
Hopefully I don't share my conservative views too much about life, but with an education you are pursuing, it is probably best to start with a job and working your way up. On the other hand, it's probably hard to do your own business once you get a job. Such is life. At the end of the day, it all starts with the choice you decide to do.
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.
Maybe you are not doing it right or this is not the best suited for you. I suggest trying to look for other ways you can earn among the crypto community. There are different kinds of trading have you ventured out into those?I have been Bitcoin swing trading for a year and I am still not profitable.
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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?
I think with your background it can definitely be helpful in making trading your primary income. 
Hi guys, I am 19 years old and know a lot about finance .... after my IT education.
Man, to be 19 again in this day and age.
Trading is exponential growth, and if you are bad you often get reset to zero. :/ Look into invention - better than websites or phone applications - I mean ideas. Find a service no one else offers. Then license the data from the service to people who want to build the website or phone application.
Residual income is key, and can be used to trade when you have extra $.
No one wants to retire, then be forced to go back to work; how quickly are you looking to sleep soundly without sacrificing something? 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 you are for the long term, both trading and investing can work to anybody. But know that it's not for all so, if trading doesn't work for you. It's either you keep on testing strategies and gain more experience.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?
Or, you change your path and become an investor which in my experience have been more profitable than doing swing trades for years.
Being a holder of BTC is easy and means a lot to me and that's why this strategy is also being told by the others. So, since you're already here might as well try to be a holder of Bitcoin.
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?
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 said you know a lot about finance then you might already have an answer for your question...
Irrespective of trading or investing you need capital which again you should knew it already when you said you know about finance.
Anyway to answer the final question, yes it's profitable but highly impossible to be a successful and consistent trader for such long term.
"Does trading really work in the long term to be profitable?"
Yes, for a small % of people, they can win big long-term as traders. The estimates are ~ only 10 to 20% of people make money trading/investing and everyone else loses eventually. Does this scare you away, or tell you there is a ton of money to be made for the winners?
Yes, for a small % of people, they can win big long-term as traders. The estimates are ~ only 10 to 20% of people make money trading/investing and everyone else loses eventually. Does this scare you away, or tell you there is a ton of money to be made for the winners?
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?
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?
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?
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?
Regarding expertise in any field, if you do it well, the results you get will also be good.
So if you have a plan to direct what you want to develop, determination and perseverance are the factors that will help you achieve success. But what you are talking about is that the information is still in theoretical form and needs more experiential action. I know of traders who can make a lot of money but only very little and they are really in a comfortable state before making money. Spending time on something where you can sense a lot of opportunities like the crypto space somehow shows that you are still not skilled enough, so just keep learning and taking action on everything, trading has many things going on. around it and not for the crowd so answering the question you are looking for is probably you who is the one answering for yourself with the shortcomings that need to be filled in.
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
i started defi with 10k and got to 14m at some point.
i did that during the previous halving.
this is the time when devs build(no my bad, it's the time when they launch, not the same thing) . if you're gonna invest, it should be now.
you got so many narratives: depin, rwa, gaming, ai, l2s, l1s, restaking...
and ffs you're 19, there are worse things than waiting 4 years to become a milionaire.
you wanna trade? i'll give you a hint. the one thing that moves the market right now is the etfs. inflows=green. outflows=red.
knowing that grayscale still has 300k btc to sell and that last week, for the first time they actually bought (twice), good luck figuring out which direction the market's going
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
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?
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
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?
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?
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