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Topic: If you were in desperate need for money.... - page 46. (Read 209030 times)

sr. member
Activity: 476
Merit: 250
If I am short of cash and need money desperately then I will prefer to break my fixed deposit and help myself as I don't have habit of asking money from people around me as it creates a bad impression and it can spoil my goodwill too.
sr. member
Activity: 1484
Merit: 253
In my personal aspects of life I will use my extra savings in my cooperative fixed money in case of desperate needs of money. Some people think that having money in an easy way could sustain in a long run and they don't prepare for deeper problems like what may occur in finances. They will end up borrowing money or engaging of loans because of unpreparedness. So to overcome this desperate need of money maybe you could adjust the lifestyle you have right now, and focus on things that you can generate passive income to be use for your needs and personal expenses.
hero member
Activity: 1330
Merit: 569
I have tried as much as possible not to be in a difficult situation of having to be in desperate need of money because of the way I try as much as possible to plan my finances. However, no matter how one tries, there will still be some situation where one will need to make some decision immediately in my own case when this happens I just dispose whatever alt or bitcoin I have no matter what will happen to price afterwards.
hero member
Activity: 952
Merit: 500
Well sometime ago i were worry about such situation, since i had a debit, recently one of my investments had alowed me to pay my debit and keep some money in cash, but well doesnt matter if you have saving, usually when some incident happens your savings wont be enought and you will start a run to find and get a source to get the money you need. Usually the first people we contact are family, but well the most say no, soo you have no choise besides banks.
If your family cannot fully help you, you need to borrow money to supplement the lacking amount. You can only do that
easily if you maintain a good reputation, once you borrow you pay on time and intact as they are the last person you'll ever go once you are in need again.
If the need is to fulfill the family then one cannot ask with the family members. So as suggested borrowing from the person next to you or the one who has the helping mentality is good and depending upon the way you return the borrowed amount you'll get help by the next time on need.
it's  better to borrow money from a certain lending business so you have to debt of gratitude, sometimes your friends or family
are not willing to help you in your desperate times and all you need is bad words. Believe it's a real life experience.
hero member
Activity: 994
Merit: 502
Well sometime ago i were worry about such situation, since i had a debit, recently one of my investments had alowed me to pay my debit and keep some money in cash, but well doesnt matter if you have saving, usually when some incident happens your savings wont be enought and you will start a run to find and get a source to get the money you need. Usually the first people we contact are family, but well the most say no, soo you have no choise besides banks.
If your family cannot fully help you, you need to borrow money to supplement the lacking amount. You can only do that
easily if you maintain a good reputation, once you borrow you pay on time and intact as they are the last person you'll ever go once you are in need again.
If the need is to fulfill the family then one cannot ask with the family members. So as suggested borrowing from the person next to you or the one who has the helping mentality is good and depending upon the way you return the borrowed amount you'll get help by the next time on need.
legendary
Activity: 1106
Merit: 1000
Well sometime ago i were worry about such situation, since i had a debit, recently one of my investments had alowed me to pay my debit and keep some money in cash, but well doesnt matter if you have saving, usually when some incident happens your savings wont be enought and you will start a run to find and get a source to get the money you need. Usually the first people we contact are family, but well the most say no, soo you have no choise besides banks.
If your family cannot fully help you, you need to borrow money to supplement the lacking amount. You can only do that
easily if you maintain a good reputation, once you borrow you pay on time and intact as they are the last person you'll ever go once you are in need again.
hero member
Activity: 868
Merit: 500
Well sometime ago i were worry about such situation, since i had a debit, recently one of my investments had alowed me to pay my debit and keep some money in cash, but well doesnt matter if you have saving, usually when some incident happens your savings wont be enought and you will start a run to find and get a source to get the money you need. Usually the first people we contact are family, but well the most say no, soo you have no choise besides banks.
sr. member
Activity: 630
Merit: 263
i think if u're in emergency, ask for your relatives, cause u're no money and the way to earn fast is investment.

Thats the best thing you can do, ask to your relatives, they can provide you to what you really need especially when it is urgent financial problem. And after you need to find work to pay them back.
Unfortunately very often it happens that it is impossible to earn enough money to repay the debt. When you are losing your money is one thing, but when you lose money relatives then you can become enemies. This is the most horrible that can be when relatives become enemies. Are you ready for this?
hero member
Activity: 700
Merit: 500
Hey I just want to clarify how can Trading Altcoins be a quick solution for money problems? Because it says here that you need to have assurance that you will get that money. Trading however involves a lot of risk and a lot of people have failed already trying to take profit from their trades. What I mean is that Trading cannot be a solution for a desperation in money.

I agree 100% with you. A lot of the noobs posting here think that trading is some magic bullet. That is not the case. Altcoin trading is just like gambling. It can become addictive, and in 90% of the cases, you are likely to lose your investment. In the past, I have done altcoin trading. I had mixed fortunes with it. But now, I have gained more experience, and I have vowed that I will never do trading again.

I have no experience of trading in alternative coins. But I'd like to try. But I'm frightened by what you say about addiction. Is that really true?
I would not like to lose my coins, I just want to earn

Well if you are addicted in altcoin trading, then that must be a good thing because you are getting tons of experiences. But if you're just buying and buying coins without doing research or without having any plans at all, then you might as well be gambling in some casino because you are relying on luck and nothing else.

The huge advantage of trading over gambling is the fact that you can learn from it. As time pass by, it becomes easier and easier for you to classify which ones are good coins and which ones aren't.

You don't have to trade altcoins you can always stay to the safest pair like btc/usdt on poloniex which I think are not jsut for newbies.  You can sell with price is high and you can buy when low, literally that's just it. But then of course you will have to wait for its price to drop once you sold yours.
legendary
Activity: 1008
Merit: 1060
Hey I just want to clarify how can Trading Altcoins be a quick solution for money problems? Because it says here that you need to have assurance that you will get that money. Trading however involves a lot of risk and a lot of people have failed already trying to take profit from their trades. What I mean is that Trading cannot be a solution for a desperation in money.

I agree 100% with you. A lot of the noobs posting here think that trading is some magic bullet. That is not the case. Altcoin trading is just like gambling. It can become addictive, and in 90% of the cases, you are likely to lose your investment. In the past, I have done altcoin trading. I had mixed fortunes with it. But now, I have gained more experience, and I have vowed that I will never do trading again.

I have no experience of trading in alternative coins. But I'd like to try. But I'm frightened by what you say about addiction. Is that really true?
I would not like to lose my coins, I just want to earn

Well if you are addicted in altcoin trading, then that must be a good thing because you are getting tons of experiences. But if you're just buying and buying coins without doing research or without having any plans at all, then you might as well be gambling in some casino because you are relying on luck and nothing else.

The huge advantage of trading over gambling is the fact that you can learn from it. As time pass by, it becomes easier and easier for you to classify which ones are good coins and which ones aren't.
full member
Activity: 203
Merit: 100
Hey I just want to clarify how can Trading Altcoins be a quick solution for money problems? Because it says here that you need to have assurance that you will get that money. Trading however involves a lot of risk and a lot of people have failed already trying to take profit from their trades. What I mean is that Trading cannot be a solution for a desperation in money.

I agree 100% with you. A lot of the noobs posting here think that trading is some magic bullet. That is not the case. Altcoin trading is just like gambling. It can become addictive, and in 90% of the cases, you are likely to lose your investment. In the past, I have done altcoin trading. I had mixed fortunes with it. But now, I have gained more experience, and I have vowed that I will never do trading again.

I have no experience of trading in alternative coins. But I'd like to try. But I'm frightened by what you say about addiction. Is that really true?
I would not like to lose my coins, I just want to earn
legendary
Activity: 3752
Merit: 1217
Hey I just want to clarify how can Trading Altcoins be a quick solution for money problems? Because it says here that you need to have assurance that you will get that money. Trading however involves a lot of risk and a lot of people have failed already trying to take profit from their trades. What I mean is that Trading cannot be a solution for a desperation in money.

I agree 100% with you. A lot of the noobs posting here think that trading is some magic bullet. That is not the case. Altcoin trading is just like gambling. It can become addictive, and in 90% of the cases, you are likely to lose your investment. In the past, I have done altcoin trading. I had mixed fortunes with it. But now, I have gained more experience, and I have vowed that I will never do trading again.
legendary
Activity: 1008
Merit: 1060
i think if u're in emergency, ask for your relatives, cause u're no money and the way to earn fast is investment.

Thats the best thing you can do, ask to your relatives, they can provide you to what you really need especially when it is urgent financial problem. And after you need to find work to pay them back.


Borrowing from friends and family is the best option if you need money desperately as they are the people who trust you and can understand your difficulty and urgency and can help you in your tough times but you have to make sure that you return them back on time or else it can also spoil your relations with them.
and if your friend refuse to give me any money, as if he do not have such amount at that time. therefore to me i think the best option is to have some extra money saved in your account which you can use in disparate need.
The friends and family will support you only if they know that you are wealthy and sooner you will come in a condition to be able to pay back their money and if they will know that you are not much stronger and it will be hard for you to provide back that money then they will not help you even if they have that amount with them.

Funny because that's how the banks work. "I'll loan you money but only if you can prove that you can pay later." Unlike that, your friends and your family most of the time don't mind when are you going to pay. But you should pay them no matter what. In my country, getting a loan is so rampant that it becomes an issue sometimes. They get a loan from someone and then get a loan to another person just to pay the loan from the previous person. This is a bad practice because you get more and more loans and the interest is becoming compounded.
hero member
Activity: 3010
Merit: 629
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
When I'm desperate for money or bitcoin becomes work I'm looking for ambitious  such as the trade of bitcoin / Altcoin. In this way I was easily able to save money and make it easy. So I'm staying trading to find a solution to earn.
Hey I just want to clarify how can Trading Altcoins be a quick solution for money problems? Because it says here that you need to have assurance that you will get that money. Trading however involves a lot of risk and a lot of people have failed already trying to take profit from their trades. What I mean is that Trading cannot be a solution for a desperation in money.
I agree with you, but i think you can also save money if you trade although it takes time. saving is the best way so you can have money to spend if you are in desperate need, however there were really times that you dont have control in every situation so if ever that happens to me, my way is to borrow from my relatives or anyone who can lend me even with collateral.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
i think if u're in emergency, ask for your relatives, cause u're no money and the way to earn fast is investment.

Thats the best thing you can do, ask to your relatives, they can provide you to what you really need especially when it is urgent financial problem. And after you need to find work to pay them back.


Borrowing from friends and family is the best option if you need money desperately as they are the people who trust you and can understand your difficulty and urgency and can help you in your tough times but you have to make sure that you return them back on time or else it can also spoil your relations with them.
and if your friend refuse to give me any money, as if he do not have such amount at that time. therefore to me i think the best option is to have some extra money saved in your account which you can use in disparate need.
As for I know only if you don't have savings in account then only you will go to ask your friend and when friend refuses, then borrowing or getting debt is the only go or else need to get money placing gold or other valuables as collateral. I always prefer the last one of getting loan.
hero member
Activity: 1806
Merit: 672
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
When I'm desperate for money or bitcoin becomes work I'm looking for ambitious  such as the trade of bitcoin / Altcoin. In this way I was easily able to save money and make it easy. So I'm staying trading to find a solution to earn.
Hey I just want to clarify how can Trading Altcoins be a quick solution for money problems? Because it says here that you need to have assurance that you will get that money. Trading however involves a lot of risk and a lot of people have failed already trying to take profit from their trades. What I mean is that Trading cannot be a solution for a desperation in money.
sr. member
Activity: 700
Merit: 254
If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
When I'm desperate for money or bitcoin becomes work I'm looking for ambitious  such as the trade of bitcoin / Altcoin. In this way I was easily able to save money and make it easy. So I'm staying trading to find a solution to earn.
hero member
Activity: 2898
Merit: 639
i think if u're in emergency, ask for your relatives, cause u're no money and the way to earn fast is investment.

Thats the best thing you can do, ask to your relatives, they can provide you to what you really need especially when it is urgent financial problem. And after you need to find work to pay them back.


Borrowing from friends and family is the best option if you need money desperately as they are the people who trust you and can understand your difficulty and urgency and can help you in your tough times but you have to make sure that you return them back on time or else it can also spoil your relations with them.
and if your friend refuse to give me any money, as if he do not have such amount at that time. therefore to me i think the best option is to have some extra money saved in your account which you can use in disparate need.
The friends and family will support you only if they know that you are wealthy and sooner you will come in a condition to be able to pay back their money and if they will know that you are not much stronger and it will be hard for you to provide back that money then they will not help you even if they have that amount with them.
You could take a small loan of a million dollar like trump, or you could do like me I keep a couple of bitcoins safe and sound in a wallet and I don’t use them I just add whatever I have left from transactions and put it there so in case I wanted some immediate money I exchange those.
hero member
Activity: 686
Merit: 500
i think if u're in emergency, ask for your relatives, cause u're no money and the way to earn fast is investment.

Thats the best thing you can do, ask to your relatives, they can provide you to what you really need especially when it is urgent financial problem. And after you need to find work to pay them back.


Borrowing from friends and family is the best option if you need money desperately as they are the people who trust you and can understand your difficulty and urgency and can help you in your tough times but you have to make sure that you return them back on time or else it can also spoil your relations with them.
and if your friend refuse to give me any money, as if he do not have such amount at that time. therefore to me i think the best option is to have some extra money saved in your account which you can use in disparate need.
The friends and family will support you only if they know that you are wealthy and sooner you will come in a condition to be able to pay back their money and if they will know that you are not much stronger and it will be hard for you to provide back that money then they will not help you even if they have that amount with them.
sr. member
Activity: 378
Merit: 250
i think if u're in emergency, ask for your relatives, cause u're no money and the way to earn fast is investment.

Thats the best thing you can do, ask to your relatives, they can provide you to what you really need especially when it is urgent financial problem. And after you need to find work to pay them back.


Borrowing from friends and family is the best option if you need money desperately as they are the people who trust you and can understand your difficulty and urgency and can help you in your tough times but you have to make sure that you return them back on time or else it can also spoil your relations with them.
and if your friend refuse to give me any money, as if he do not have such amount at that time. therefore to me i think the best option is to have some extra money saved in your account which you can use in disparate need.
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