Make money from money - page 66. | Bitcointalksearch.org

boyptc

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Quote from: gandame on February 20, 2017, 05:47:38 AM

You can make money from another source which is coming from your investments through the job you have, that generates an income that is used for the business you invested. This is the best way of making money through the sustainable income that generates other profit.

And you should know the investment that you are going to do with your profit / salary from your job. It's normal nowadays that people that wants to earn more are doing the same thing, they are investing to something that they think to be a good source of another income. It's not even a secret anymore,trading is some way of it.

stadus

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Quote from: gandame on February 20, 2017, 05:47:38 AM

You can make money from another source which is coming from your investments through the job you have, that generates an income that is used for the business you invested. This is the best way of making money through the sustainable income that generates other profit.

Different source of income will always gives us the confidence to explore more opportunities to invest because we always have a back up money or source in the event we will not be successful with our venture. Some people are afraid to take investment because they are only relying with their salary and if they will risk it, it might affect their budget for their daily living which means they cannot afford yet to invest.

topesis

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Most of the successful investors have one thing that stand them out, good decision making, just look at the Winkelvos twins investment in Bitcoin (one of the early adopter in Bitcoin), I don't know the amount of Bitcoin in their portfolio, then open up an exchange but see what they are doing now going for Bitcoin ETF, and if this is approved I read somewhere that the price of Bitcoin could hit $3000.

This is a good example of ways to use money to make money

deisik

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Quote from: Victorycoin on February 19, 2017, 04:20:50 PM

Quote from: deisik on February 17, 2017, 06:22:50 AM

Quote from: Victorycoin on February 17, 2017, 06:07:47 AM

Quite agree with you, no one climbs a mountain just by looking at it. Most people we see as successful businessmen today, have stories of failure behind them, but something that set them aside from millions of other people that also failed is their never-giving-up stance for risk taking. Money doesn't grow on trees, therefore to generate it, value has to be created or added and that attracts some cost, that is where and why money is required to make money

I don't particularly disagree with you, I just want to add that we should not forget about pure luck here. Indeed, it is not about just luck alone since many people are pretty lucky (remember, true randomness is not uniform), but most of them just waste it ("from shithouse to penthouse and back again").

I say luck is when an opportunity comes along and you're prepared for it - Denzel Washington. All those instances of shithouse to penthouse and back to square one are vivid illustrations how luck can always pay for an examination, but never have to sit out the exam for you! If you are lucky to inherit a fortune, you are going to need more than luck to sustain it, without which the fortune is already out of the window.

Quote

But, on the other hand, there are many other people who also stick to a never-give-up approach but they still fail in the end simply because they didn't have a chance. In other words, many genuinely successful people are not just persevere but also had luck by their side

And they didn't let it slip when they encountered it

Going down memory lane, we can't help but notice that failure is usually the first leg of success and people who know where they're going like Thomas Edison, do not see it as failure - they simply take note of what doesn't work and then move on until something works. At best, luck is a recognition of hard work, the more you sweat, the luckier you become!

As I said, I don't particularly disagree with your stance

Ultimately, you can't know in advance whether you will fail or succeed in the end until you actually go for it and try it out ("get rich or die trying"). So if you don't try you just fail without doubt. But this doesn't mean that your success is guaranteed even if you lay yourself out completely. In fact, people love to talk about guys who rose from zero to hero, this may be appealing, but this is no more than an outright example of selection bias. We mostly speak about success and keep silence about failure, and it might well be the case that for every single Thomas Edison there are ten (or ten hundred) other dudes who ended up in total misery though they might have tried as hard. You should be naturally gifted, but this is just luck

gandame

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You can make money from another source which is coming from your investments through the job you have, that generates an income that is used for the business you invested. This is the best way of making money through the sustainable income that generates other profit.

Viscore

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Quote from: raven7886 on February 19, 2017, 03:05:29 PM

Quote from: Drago2016 on February 19, 2017, 02:25:23 PM

Quote from: cramcram21 on February 19, 2017, 09:37:15 AM

Well they have some guts to invest and try to gamble their money through it.
But you should always remember that invest only what you can afford to lose.

Sometimes it makes the courage to take risks, and difficult life circumstances. A man willing to risk for the sake of a better life.
I also think that the money should make money

There will be no point in letting us our money sleeping after having some enough money beyond life's basic needs. That is the reason some people go for risking their hard earned money even they are not having any compulsion to earn for a living.

Make money from money is not possible for those who had not focused into saving. So, basic step must be saving then only we can think about making money from money.

That's correct, we do not only limit our capabilities as a person we love challenges and be recognize of our effort. I can save money and put it in my bank account but I cannot see it growing in substantial amount as we know how much bank can only afford to give us. Time will come that we will try to risk for investment, hoping that it can give us good return for our future because we will realize that we have to spend our time wisely and money will make you enjoy most of your time.

Victorycoin

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Quote from: deisik on February 17, 2017, 06:22:50 AM

Quote from: Victorycoin on February 17, 2017, 06:07:47 AM

Quite agree with you, no one climbs a mountain just by looking at it. Most people we see as successful businessmen today, have stories of failure behind them, but something that set them aside from millions of other people that also failed is their never-giving-up stance for risk taking. Money doesn't grow on trees, therefore to generate it, value has to be created or added and that attracts some cost, that is where and why money is required to make money

I don't particularly disagree with you, I just want to add that we should not forget about pure luck here. Indeed, it is not about just luck alone since many people are pretty lucky (remember, true randomness is not uniform), but most of them just waste it ("from shithouse to penthouse and back again").

I say luck is when an opportunity comes along and you're prepared for it - Denzel Washington. All those instances of shithouse to penthouse and back to square one are vivid illustrations how luck can always pay for an examination, but never have to sit out the exam for you! If you are lucky to inherit a fortune, you are going to need more than luck to sustain it, without which the fortune is already out of the window.

Quote

But, on the other hand, there are many other people who also stick to a never-give-up approach but they still fail in the end simply because they didn't have a chance. In other words, many genuinely successful people are not just persevere but also had luck by their side

And they didn't let it slip when they encountered it

Going down memory lane, we can't help but notice that failure is usually the first leg of success and people who know where they're going like Thomas Edison, do not see it as failure - they simply take note of what doesn't work and then move on until something works. At best, luck is a recognition of hard work, the more you sweat, the luckier you become!

wizmo

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Quote from: Kemarit on February 19, 2017, 03:19:13 AM

Quote from: wizmo on February 18, 2017, 02:37:42 PM

I simply believe money attracts money if you start a business with money needed for it it will be successful for sure but if you don't have enough money and starting for scratch then yes you'll have a hard time to make it successful business.

If will be difficult at the beginning and you have to face a lot of early
struggles, you should not give up but instead try to fight your way up
because in the long run we will succeed and you business will become
successful. I'm saying this I have experienced this myself. I put up a
business, (not online) and the struggles everyday is very hard. From
acquiring the merchandise to selling to customers, collecting liables is
so stressful, but I understand that its just part of my business that I
have to face. So up to now by business is still running.

"Life doesn't get easier, we just get stronger."

Yes I agree with that but some achieve success in business with less struggles while other struggles lot but in between this stragglers learns the most.

raven7886

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Quote from: Drago2016 on February 19, 2017, 02:25:23 PM

Quote from: cramcram21 on February 19, 2017, 09:37:15 AM

Well they have some guts to invest and try to gamble their money through it.
But you should always remember that invest only what you can afford to lose.

Sometimes it makes the courage to take risks, and difficult life circumstances. A man willing to risk for the sake of a better life.
I also think that the money should make money

There will be no point in letting us our money sleeping after having some enough money beyond life's basic needs. That is the reason some people go for risking their hard earned money even they are not having any compulsion to earn for a living.

Make money from money is not possible for those who had not focused into saving. So, basic step must be saving then only we can think about making money from money.

Drago2016

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Quote from: cramcram21 on February 19, 2017, 09:37:15 AM

Well they have some guts to invest and try to gamble their money through it.
But you should always remember that invest only what you can afford to lose.

Sometimes it makes the courage to take risks, and difficult life circumstances. A man willing to risk for the sake of a better life.
I also think that the money should make money

laredo7mm

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Quote from: SFL on February 19, 2017, 02:58:35 AM

Making money from money is possible by buying some bitcoins and selling them after its price increases which is risky too.

Yes that's one way of making money from your money. And if you got a lot of it those bought bitcoins can be used also for investing into a casino and in that way you can also have a chance of making money from your own money or investment. Actually there are a lot of ways to earn from it and it really depends on your satisfaction.

There are many ways to earn money but one thing is sure that you can earn more money only if you good capital to invest as money attracts money so if you are investing higher capital in trading then it can give you best returns even with a small pump so initial capital is very important while investing it anywhere.

lionheart78

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Quote from: cramcram21 on February 19, 2017, 09:37:15 AM

Well they have some guts to invest and try to gamble their money through it.
But you should always remember that invest only what you can afford to lose.

I agree but those who wanted to make the best output of the time consumed, and sure about their investment, they will go all in. The reason behind this is to leverage their income in shorter period of time. There is nothing wrong to put all our savings on the line as long as we have study, done researched and calculated the risk factor opting them out in a business. Besides, we are the one to manage them and make it successful.

cramcram21

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Well they have some guts to invest and try to gamble their money through it.
But you should always remember that invest only what you can afford to lose.

ethereumhunter

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Quote from: bitbob82 on February 18, 2017, 02:32:54 PM

Quote from: bravehearth0319 on February 17, 2017, 05:34:26 AM

Nowadays, its really hard to make money, but if you are knowledgeable and open minded in any business it will be easy for you to think or to apply 3M's system(money making machine). in business industry whether traditional, franchising, online, advertising and others.

but to me i think knowledge and experience is too much important in business. if you have good knowledge and good information about the where you are going to invest, and if you also have good experience in trading then you can really make money from trading.

not just investing but we can start our own business, we need to active and search what kind business that will help many people and we need to calculate how much money that we should spend to started. doing trading is also a good option to make money from money but we must have a knowledge in trading so we can make more money.

meelvanchris

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Quote from: Theb on February 19, 2017, 03:12:08 AM

I guess one of the best characteristic of a good investor should have is being good at risk management. People who are good at knowing the risk of everything and whether to take it or not will either make or break your decisions. It can also tell if you will earn from that decisions of yours. Also risk takers have the most potential on earning money.

If you are looking to earn higher profits then you have to take that extra level of risk without thinking of outcome, sometimes it may even fail and won't give you the results that you are expecting but one right move can change your life and give you best returns.

oktana

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Quote from: Theb on February 19, 2017, 03:12:08 AM

I guess one of the best characteristic of a good investor should have is being good at risk management. People who are good at knowing the risk of everything and whether to take it or not will either make or break your decisions. It can also tell if you will earn from that decisions of yours. Also risk takers have the most potential on earning money.

People who shouted about deception and often talks about investments that are not recommended are those who first invest and cheated, or people who just have never tried at all, only by news. Ponzi scheme or Investment reliable indeed need full awareness of its investors. Because this is not an active job, but entrust our money to be processed by others. Life is also fraught with risks, if you don't try to learn and be aware of risk, you will not be someone who knows how to invest, at least you've been involved occasionally.

Erza

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Quote from: wh04m1 on February 18, 2017, 03:11:22 AM

The most important factor for me is luck.
Because you have to take risks in order to evaluate the investment opportunity that no one has ever thought about. There is less risk in a business that everyone invests in. People invest in things that are guaranteed to win.
But if you enter a risky deposit, you can earn more. You need some luck in this.

What do you mean by luck?
If you refer your saying to gambling may be it has a point but if it is really a gambling you really need to do is having much money and try to earn slowly. Although a little bit of luck will also keep you safe enough. Btw in investing, it does not mean that if there is many people investing on it will get you a good roi snd there is no guarantee win on investment unless they will scam your money later

Kemarit

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Quote from: wizmo on February 18, 2017, 02:37:42 PM

I simply believe money attracts money if you start a business with money needed for it it will be successful for sure but if you don't have enough money and starting for scratch then yes you'll have a hard time to make it successful business.

If will be difficult at the beginning and you have to face a lot of early
struggles, you should not give up but instead try to fight your way up
because in the long run we will succeed and you business will become
successful. I'm saying this I have experienced this myself. I put up a
business, (not online) and the struggles everyday is very hard. From
acquiring the merchandise to selling to customers, collecting liables is
so stressful, but I understand that its just part of my business that I
have to face. So up to now by business is still running.

"Life doesn't get easier, we just get stronger."

Theb

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I guess one of the best characteristic of a good investor should have is being good at risk management. People who are good at knowing the risk of everything and whether to take it or not will either make or break your decisions. It can also tell if you will earn from that decisions of yours. Also risk takers have the most potential on earning money.

justdimin

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Quote from: Sled on February 19, 2017, 02:10:35 AM

You can start creating a business,investing and trading which offers opportunity to create more money from your money Grin

.

An high level classification will not help you to find out opportunity to make more money from money.

You need to be more specific on which field you are going to put your efforts. All the fields, you are mentioned are good to try with. But all of them must need strong knowledge on them before risking with them.

Do not go for anything without proper preparation. Else, you will find just opposite results.

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