We're on the same boat, I am also a college student who is searching for something productive na pwedeng gawin during the Enhanced Community Quarantine, but before anything else I would to share with you what method that works for me para hindi maging stagnant yung pera in the long run.
[1] LENDING SECTION HERE (Mores Funds Available - Wanted Borrowers! - I am also one of the lender in our community and I am doing this to hit 2 birds with one stone. Nagpapautang ako to help other filipino members who needs financial assistance at natutulungan ako nito in a way na bumabalik sa akin yung loan at a given date and loan interest. Commonly, 1 month yung loan duration with 10% interest. You can lend PHP as well as the other cryptocurrency like BTC, XRP, and ETH.
PROS:- You can earn doing nothing pero natutulungan mo sarili mo at yung ibang tao
- Pabor sa lender kapag crypto ang pinapautang lalo na kapag mababa yung exchange rate, it means mas malaking quantity ng crypto yung ipapautang mo. If ever na tumaas yung exchange rate ng particular crypto at tapos na yung loan duration + the 10% loan interest (in crypto din of course) sobrang laking profit niyan.
CONS:- This is very boring and may cause you tremendous anxiety if hindi kaya ng risk appetite mo.
- It'll take so much toll sa side ng borrower if tumaas ang exchange rate, chances are hindi niya fully mababayaran yung loan niya and it may take few months bago ma-fully settled yung loan
[2] Invest mainly on BTC or ETH. Hindi mo kasi masasabi kung bababa pa ba yung exchange rate ni bitcoin. Cryptocurrency is a very speculative asset that is why there is a greater risk if you are not knowledgeable in this field particularly in Technical Analysis (T.A) or Fundamental Analysis (F.A) in trading. Do your own research and decide at your own discretion kung bibili ka ba or hindi.
But if I were to be ask, okay pa din bumili ng BTC if you are considering for a long term hold probably 10 yrs from now. Who knows!![3] Additional lang sa sites na binigay ni
@Bttzed03, you can also do some online works such as;
Remotasks - this is too complicated to explain pero you can spend your time doing task and get paid. This is an online work so be ready with your paypal kasi ayan ung method of payment nila. Explore mo yan and legit yan. I've known many people who's using it.
You can also explore these 2 websites if you have the skills
https://www.freelancer.com/https://www.onlinejobs.ph/OR offer some of your Services
here. If you have the skill of being a programmer you can post it there may mga naghahanap ng tao don. More likely mag invest ka sa skills mo kasi ayan ung marketable ngayon and in-demand as well. Just like
@cabalism13 said you can sell some crypto merchandise in our
Pamilihan Section pati din don sa services.
In my case, nag ooffer ako ng
[SERVICE]Charcoal and Graphite Portrait Drawings and nag accept ako ng crpyto for a portrait drawing.
[4] Parehas tayong student and investing in PAG-IBIG is good and logical move if icoconsider mo yung suggestion ni
@LogitechMouse. Futhermore, you can use your time para ieducate yung sarili mo in other investment vehicle such as trading. Daming nagsuggest niyan kasi isa talaga yan to
make your money work for you.. But then it can be very risky if you don't know the idea or concept of trading. There are lot of resources in the internet so DYOR.
Fortunately, keeping your days become productive in Quarantine is a good way to dispose your time. I made a thread before na pwede mong idownload to educate yourself about bitcoin and blockchain technology.
[RESOURCES] Free bitcoin/blockchain/finance eBook.You can also read some of the GUIDES made by other filipino members here. Ginawan ko ng compilation.
[INDEX] Informative threads in our local section - baka may mapulot kang information. Meron din diyan tutorial about trading, so explore mo lang ng mabuti.
Salamat! Sobrang helpful nito. It saves me time to browse threads. Atsaka ang ganda nung artworks mo, keep it up! Maybe I'll try trading since it piqued my interest. Medjo nag-aalalangan kasi ako sa lending.
Hey there! I'm a student and had saved some money around five digits in pesos. Nagbabasakali lang na mabigyan niyo ko ng ideas na magawa ngayong quarantine period na maari ko itong mapalago. Sayang naman po kung nakatambak lang siya and kung may iba pa pong pagkakakitaan then please do share po!
nasa Crypto community ka so expect na investing in crypto ang mai suggest sayo lalo na at bagsak ang market now?pagkakataon mo na mag purchase bago pa tuluyang tumaas.
P.S. Wag niyo na isuggest yung signature campaigns since bago pa lang po yung account ko.
wala naman mag susuggest sayo ng Signature dahil Imposibleng makasali ka since newbie ka kaya alisin mo sa listahan na matatanggap mo yan.
Paulit ulit ka po. May mga tao po kasi na may masabi lang kaya nilagyan ko po ng "P.S." katulad mo.
Pero pag magsusugal ka, how can you say na nag-iinvest ka? No offense po kasi I read din po na kinoconsider ng iba na investment yung gambling pero I think when you gamble ginagawa mo yun for fun and not to earn kasi it is a matter of chances. But investing in a casino, yung bibigay mo yung pera mo like a loan or what then I consider it as an investment in my own opinion.
I genuinely want to know. Is it probability?
Ano yung Pag-ibig MP2?
Sa pagkaka-alala ko, special savings ng Pag-Ibig yan for Pag-ibig fund members.
Magdedeposit ka sa kanila (maybe to help grow their funds since naglelend sila) then you'll earn dividends from it.
5 years maturity period nyan at pwede yata hulugan. I think minimum remittance sa kanila is P500 only.
More details:
https://www.pagibigfund.gov.ph/Membership_ModifiedPagIBIG2.htmlTo OP, investing on Pag-ibig is a safe way to go since government-owned sya, safe yung ipinasok mong pera. I wouldn't suggest you go on Trading cryptocurrencies unless you know what you're doing.
I read about PAG-IBIG MP2 yesterday at maganda nga siyang investment. Maybe after quarantine itatry ko siya since magpepay ka lang sa kanila monthly and kaya ko naman magtabi every month ng minimum na halaga which is 500 if I remember correctly.
Thank you po sa concern and I am doing what I can para mafamiliarize in cryptocurrency in general.
Dumaan din ako jan at napagisip ako pano nga ba palaguin ang naipon then ayun naisulat ko sa isang notes para di makalimutan medyo mahaba sya parang isang thread kaya naisulat ko sa blog. Sana makatulong din sayo makakuha ng idea jan.
https://satoshinakamotov.com/topic/63-adventicus-latus-diari/First rule:
Sa inventing wag mag madali baka ma ponzi pilatu ka
Wag mahulog sa trap gaya ng HYIP
Dapat DYOR lagi
I consider DYOR necessary especially sa iniimply mo na maraming ponzi or HYIP lalo na sa cryptocurrency. Mas lumalakas po kasi yung loob ng mga tao pag kaharap nila yung screen and I think applicable siya sa mga ganito scheme kaya naappreciate ko po yung concern. Medjo skeptical po kasi ako sa mga bagay bagay kaya if it's "too good to be true" we should start questioning whether this is legit or not.