Topic: Make money from money - page 59. (Read 53782 times)

Yeah the investor should be cold blooded I agree and actually with money stability comes itself. You won't see a rich guy very anxious or unstable at all even if he is unstable in his personal life.
Money attracts money and that's a fact which can be explained by a classic example of gambling sites, owner make their casino and user's just give their money to them.

You can earn that amount by trading altcoins and you can take decisions according to price movements and you don't have to depend on others for making profits unlike investing in any site as they might scam you and won't give you anything in return.

10% seems fine, but how this can be achieved? I guess someone would try to trade using your deposit. With such high return your risk is in fact scam_threat*trade_risk. I appreciate your idea of investments divertsification, but If I'd have 10BTC I would not split it in to 100*0,1 to get 10% from each investment, but rather make less portions (10*1BTC) and aim for 2-5% revenue.

As per your example, investing 10 bitcoins only to earn  0.01 btc is itself a big risk because if the site scams you will lose 10 bitcoins. I think we should be somewhere in the middle and think of investment like 0.01 from 0.1 Btc. This seems reasonable.

But will you be happy with earning that little (in relative terms, of course)?

Indeed, you can claim that Bitcoin is not set to depreciate like fiat currencies do where you have to earn a certain percentage just to follow inflation rates. But the lack of price inflation in Bitcoin is well compensated by its huge volatility, so you can't just throw this issue out the window by saying that profits (in Bitcoin) are still profits no matter how small they could be. In other words, they dude that earns more in relative terms would be still better off against volatility even if he had smaller capital

The more capital you have the lesser risks you have to take to earn money. It is like I have 10 bitcoins then I would easily earn 0.01 bitcoins while if I have 0.1 then earning 0.01 would be little difficult.

I am not talking about gambling here, actually investing in sites or services or under people who can explain their work pattern and how they expect to generate profits is the best way to invest money, don't just go for the fame or name, understand their blueprint and then take a decision.

A good investment will always have to be patient and takes time to read the market though there are crashing like what is happening right now, still he is standing and calmly trading.



Just like what I've said they should be patient and can do a good roll for their investment.



I guess the dedication and hard work is the most important factors that make these people successful in investments and as well as belief in what they are investing.

i have fully believe on luck.  i think luck is one of the most important factor of our life and most of the time we are depending on our luck. so we cannot ignore the factor of luck in our life.

Luck is a major factor in investing but the other important thing is the ability to take risk most of the rich people have taken high level of risk in their journey which made them rich in long run so to make more money you cannot depend simply on luck as you also need to make great efforts and take higher risks to become rich in future.

Yeah, luck is one of the factor on why investors got their money big, and also a strategic way on investing like reading articles, watching some documentaries by big investors, emotion must be least to them.

Interestingly we do not need to have money to make money as per current trends of available opportunities. You may check any of your preferred freelancing sites, there are a lot of job opportunities just for one of the skill, we may have.

Investing money to make money is always risk involved because we are just depending on others performances for our profits. There would be another possibility of making money from money by investing within ourselves, I mean to say by doing business just believing in our own skills. But I believe this will have more risk than investments into third party businesses.

right, both are almost the same, but they have a different risk. perhaps there is greater risk in trading. I have always been using the trading in this case, but, at present, the investment became my top priority in making money from money.

Here are few

1. Correct conceptual understanding of investing.
There are plenty of investment theories around. Some are valid, others are nonsense. Your ability to choose a solid investment philosophy is critical. Whatever theory you choose, make sure you understand it inside out. As Warren Buffett keeps saying ” Never invest in a business you can’t understand”. So the first step of being an exceptional investor is to know your stuff like a “master”.

2. Rationality.
Wishful thinking and psychological biases don’t do well in investing. Neither does arrogance. Rational thinking, open-mindness and humbleness are musts. At the end of the day, patience and psychology is what differentiates the big boys from the rest of the pack… Never let your ego come in between. No one is bigger than the market. Ask George Soros.

3. Patience
 Start developing the mentality of an owner, not a speculator. Most importantly start resisting the temptation to make money quickly. The ability to discipline yourself to delay gratification in the short term in order to enjoy greater rewards in the long term, is the indispensable prerequisite for success.

4. Good judgment of risk.
Start developing a solid judgment of business and investment risks and start practicing prudence. Funding hundreds of new apps and digital toys whose claims to fame are due to popularity rather than necessity is how you end up with new cycles of investment bubbles.

Investment and trading both are almost same, we need big capital and time to make a profit. But Trading is a bit better than investing here if you have market knowledge and when to trade, how to trade, which coin you want to trade to make money. Then you can easily make a profit in trading. If you ask me trading or investment, I will suggest you do trading.

All the good qualities should possess by a good investor in order to succeed, it's risky to venture in investment therefore it's necessary to be cautious all the time as you are not playing games here and every wrong move will cause you money. The best way to grow our money is by investing our money, trading nowadays is good if you have the great qualities in order to succeed, too many to mention but all should be done.

I agree, the investor should be able to make decisions. And he should not be greedy. He must have a cold mind. And very important in investing luck

Yeah also the person should have guts. To make decisions knowing that they may make a mistake but is ready to tackle whatever mistake comes in the way. In short, he must be adaptable to many situations, not just positive ones.

The investors should be broad minded when it comes to business in terms of investment. Had a big vision on it, and the flexibility must always apply, decision maker, know how to control emotion, and be understanding,

1. What are the features that a good investor should have?
   - The investor must be a positive thinker in terms of business.

2. What are the characteristics of people who have enough capital and earn money from money?
   - He/She should smart in handling business, knowledgeable, hardworking, flexible, and self-disciplined.

3. What are the factors that make these people successful in their investments?
   - They are patience, proactive learner, good adviser, focused, and had strong emotional self control.

This requires a good training with a good teacher. I myself would have been very versed in all the nuances, but a friend helped me understand everything. The main thing is to initially put everything in the right way and then everything will go easily.