Topic: New to Crypto looking to start (Read 164 times)

Hello welcome.
First of all, you must pay attention to these:
1. Entering the crypto world doesn't mean will make you rich very easily. If you only focus and also target on the profits, moreover that very high profits, and then you don't meet with your expectation, you will feel sad, panic, and also bad in crypto.
Remember, crypto may make someone richer, however, crypto can also make someone poor in a short time.

2. What is your first desire to enter the crypto?
Sometimes, a newcomer only joins in the crypto world because of the hype and FOMO from popular people or from friends.
remember, you are not the same as them. So, it is basically your own way to make what kind you are.

3. Are you a good learner?
In crypto, there is nothing too instant to be got very easily. You need to learn about crypto, the volatility, the risks to have, and other important things, including fundamental and probably technical analysis.

and many more consideratios.

I don't want to make you afraid of this crypto and feel bad about this.
But this is such a kind of reminder and the truth where you are in crypto, you must be ready for the risks and also profits. You may not be able to reach that very high price if you don't learn anything if you only focus on the profits.

And if this happens, you may need much longer time to get the profits, except you are a professional daily trader and you can make profits every day severla times.

make sure to never put in what you are not willing to lose, especially with newer less popular coins. Hodl & take the earnings in the long haul. There is lots to learn in the crypto world other than just trading. If you are interested in developing smart contracts and such, you can check out my youtube channel, search hashguide on youtube.

Hi,

This is possible, depending on the work you put in. You could make a product and start a business and earn this or even more IF you find something people want. This is key.

You could also try cryptocurrency trading. However, I don't recommend this especially for beginners, too much risk for the reward.
Not sure about your hardware but it could earn a little bit of money if you mine on this (<$.30 per day not worth it.)

Let me know if you have any questions

remember to be patient with crypto, you cant turn $1 into a Lambo in a month

Looking for a trustworthy escrow!

With a few days' luck or strategic insight, you can certainly make a $30 profit daily with your start-up capital. But that's not guaranteed. In reality, the vast majority of day traders are losing money. Just think about it. If they all made a profit, where would the money come from?
Market trading is a zero-sum game. That means winning traders will profit only at the expense of other traders who are at a loss.
Any trading on long positions should be done within a clearly defined trading strategy.

Start with the little with your plan, that seems to be a good profit every time you trade but you should start with a little more than what you're expecting.
And for a newbie like you and wanting to earn through trading, you'll struggle a lot. I don't know how much you have to spend just to learn through your experiences. The first time you do it is always the hardest and you'll be having negative outputs doing it.

Considering the startup capital you're planning to inject, I'd say your target is achievable in the long run. If you can concentrate on making 100% roi every single month which isn't too hard if you're skilled in crypto whether as an investor or trader or any other ventures.

If trading sounds interesting to you, I suggest picking up some trading skills on https://babypips.com - might not be easy at first but everything should fall into place in the long run. You still have to dedicate time and put in the work with your goal(s) in mind while you're at it.  Btw, congratulations on making the first step towards financial freedom. I wish you luck on your endeavors moving forward.

First of all, welcome to the forum!

If you were an experienced user, then that would be a goal you could achieve in the crypto space in a not too long time. But since you're starting from scratch here, it's very difficult. For newbies like you, it is only to be hoped that there will be a crypto crash soon, that you will stick with it over time, collect enough crypto cheap and then take advantage of the next bull run. As it was in 2014-2016 and 2018-2020.

30$ per day is not that bad for a minimum quota per day but this could seriously make you lose depending on the way plan to earn. Let's say that you want to try trading, You need to earn 11.54% every day using your initial profit. Normally this is easy in cryptocurrency with the right TA but what if your plan goes wrong, It could easily wipe you out. It is the same thing in gambling, Once you are wiped out you are gone. Risk management is always good to apply but it will make your desired time to be extended.

Most of us here tried our best to learn about crypto and find our way to earn, We devoted our time learning. Making your initial capital go x20.5 is very possible, but having not that much knowledge, The chance of failing is high and you will end up at a loss.

I think you wrongly introduced the forum. If someone informed you that you can earn quick money from the forum or from the crypto, then most likely they are wrong. I know many users earning from here from various sources. But they have been struggling for their achievements. It's quite complex to earn money from here although possible. There is no other way to earn money except hard work either it's online or offline.

I will not say you can achieve or not, but you will find your answer by yourself when you will spend more sometimes on the forum. Keep reading more and learn. Don't jump for quick earn.

I honestly to tell you that there's no guaranteed profit in trading, it seems like you gamble your money on trading.  There's no need to hurry in trading if you're new to it, just keep mastering your technical analysis to have the nearest result of the forecast in every trading execution.

Earning consistently is also didn't have a guarantee.  You need to learn first and have quite more experience, but if this is your first time, you must be ready for possible consequences.  I'm not discouraging you but at least, you're aware of this.

I suggest giving it a try in a trading platform that has a copy trading feature, like the eToro exchange platform.

It look like the OP want to gamble on the trade. I'm not sure if someone will consistently make a profit each purchase period. Price that continue to fluctuate will allow this target to fail to be achieved, but of course it does not rule out that you will achieve it if done in the long term. A good suggestion is that the OP must master the analysis before a buying decision is made because the OP says that it is still new to crypto.

Crypto is unpredictable you can be able to reach that goal if you know how to trade and I don't think you can earn $30 consistently because the market is unpredictable unless if you know how to trade.

Anyway, if you want to learn about trading there is a link that you can learn about crypto trading that includes all types of tools that you can use for analysis.

You can check them from here https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

You will have to be very patient, not greedy and be disciplined. Earning from bitcoin or other crypto asset is possible but with good knowledge and experience about it, you first need to learn.

Trading will come your mind, you might want to earn but lose to trading. Having a good mindset is a requisite to successful means of earning. Holders that hold in the past did not think this way but earn even more than expected. Also traders do not think like this for not to have a poor mindset, poor mindset will bring losses, instead, have good mindset. Trade not to be eager to gain but to be able not to lose.

I believed this is also answered above, have good mindset and make sure you are well and professionally conversant with what you are dealing with.

Hello everyone,

Joined today and looking for tutors, info and insight for earning crypto. I have a goal of earning a total of $5340 which will go towards a vehicle I really want.

I have an idea of how much I want to earn every day or per "sale" (not sure on the terms used). I would like to think my goal is very achievable:

Basically I would like to earn $30 dollars 178 times which equals $5340 dollars. If I earn more than $30 per go that will be nice but lets stick to $30 for now.

As for my desired timeline that I wish to achieve, is 4 to 5 months a good timeframe? Sooner would be better but I am new to this so don't want to take unnecessary risks.

As for how much I can put in to start that will be about $260 dollars. I live in South Africa so the exchange rate is kinda bad compared to the US.

Is anyone here able to help me achieve my goal? Looking forward to learning from everyone