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Topic: The best way to manage free money - page 4. (Read 1995 times)

full member
Activity: 590
Merit: 116
April 16, 2018, 04:49:16 AM
the most ideal approach to oversee free cash is by sparing it and spend some cash that you really realize that you require it, or it will be valuable. I know some individual that spend excessively cash, however his acquiring is so extremely pitiful that in the wake of getting is a wage, it will keep going for 2-3 days. So I encourage him to spare some cash and don't get some garbage stuff that will be your next waste accumulation. Indeed, even it's free cash, a propensity for sparing or keeping some cash so that later on you have some cash to spend in the event of crisis.
you are very wise, thanks for the advice, this means a lot to me. actually before making this topic, I've been considering a lot of things. including what you are talking about. so, in fact I've for all based on need, including for entertainment. and indeed I allocate specifically to develop the funds I earn, in order to grow. not necessarily large, but sustainable.

Pitiful to state however I truly can't disclose to you what might be the best decision since we are not in a similar circumstance or have the same budgetary status or life. This implies we won't have the capacity to have a similar learning about anything and similar assets for venture and this will have the effect on how we will see such speculation alternatives. The best strategy I can encourage however is to investigate your way of life, your money related status and your mastery in any field. Think about all these and include them all up so you can get a grip on where you are great at and where you can be more profitable. This at that point will enable you to settle on the correct choice and let you pick what is the best speculation design will fit your present status as far as monetary ability.
I'm talking about $ 50k, not a lot of money for big business capital. I got this money from the bounty of ICO some startup, not as an investor, but bounty participants. when creating this thread, I feel not very good at trading on the market exchange, either bitcoin or altcoin, I've learned a lot about trading materials, but it does not make me proficient, because I am not able to harmonize between science and emotional control. I've also tried scalping, but often stuck in price movements, and I'm not mentally strong. indeed my accumulated no loss, but but I feel depressed mentally. for that reason, I feel a lot of input from my friends in this forum, to get the best alternative in managing money.
full member
Activity: 350
Merit: 100
April 16, 2018, 03:10:57 AM
Pitiful to state however I truly can't disclose to you what might be the best decision since we are not in a similar circumstance or have the same budgetary status or life. This implies we won't have the capacity to have a similar learning about anything and similar assets for venture and this will have the effect on how we will see such speculation alternatives. The best strategy I can encourage however is to investigate your way of life, your money related status and your mastery in any field. Think about all these and include them all up so you can get a grip on where you are great at and where you can be more profitable. This at that point will enable you to settle on the correct choice and let you pick what is the best speculation design will fit your present status as far as monetary ability.
full member
Activity: 350
Merit: 100
April 16, 2018, 03:06:30 AM
the most ideal approach to oversee free cash is by sparing it and spend some cash that you really realize that you require it, or it will be valuable. I know some individual that spend excessively cash, however his acquiring is so extremely pitiful that in the wake of getting is a wage, it will keep going for 2-3 days. So I encourage him to spare some cash and don't get some garbage stuff that will be your next waste accumulation. Indeed, even it's free cash, a propensity for sparing or keeping some cash so that later on you have some cash to spend in the event of crisis.
full member
Activity: 590
Merit: 116
April 16, 2018, 03:05:22 AM
For me the best way is deposit it at banks for savings and if have enough invest for a property like a house or any properties that has good value. But it always depend in an individual because we all have different perspective. Think the best that suit you, everything you mentioned are good choice.
yes I agree with your opinion, maybe by buying a useful item is the best way to manage free money like investing including things that are useful for the future.

I think the best way to manage free money is to buy some useful things to buy a house and buy land in strategic places, both of which will be an investment of future happiness.

thank you for your opinion, I have done this, but only for backup, I only allocate $ 10 000 out of total $ 50 000, the rest I turn in crypto, the consideration is bank deposits that I can get in Indonesia maximum only 5.8% gross). this has been the maximum count. while in crypto like Bitcoin, ETH, and Altcoin others, we can get more, please check my posts on the previous page.
newbie
Activity: 117
Merit: 0
April 15, 2018, 12:07:22 PM
I think the best way to manage free money is to buy some useful things to buy a house and buy land in strategic places, both of which will be an investment of future happiness.
newbie
Activity: 106
Merit: 0
April 15, 2018, 11:45:57 AM
For me the best way is deposit it at banks for savings and if have enough invest for a property like a house or any properties that has good value. But it always depend in an individual because we all have different perspective. Think the best that suit you, everything you mentioned are good choice.
yes I agree with your opinion, maybe by buying a useful item is the best way to manage free money like investing including things that are useful for the future.
full member
Activity: 590
Merit: 116
April 15, 2018, 11:29:46 AM

Mining is good but you need a huge capital in order to start operating your mining machine. For me I will prefer to hold it in my wallet and wait for the right time to sell but if I have much money for capital I will prefer mining because it gives huge profit.
I agree hough you need a large amount of capital for your computer rigs but once you start mining the ROI will not take too long vand it mining doesnt need much time as ling as your ventilation is cool everything may go in order
We do have different perspective in terms of mining if you are the type of person who are good in setting up computer then it would be an advantage for you to go mining but if your are not then just find ways and I would advice trading in short term basis.
actually I am interested in becoming a miner, but I feel not ready, because I am not too smart about computer technology, I am also blind about VGA or rigs, and I am worried about the price of electricity is so high in Indonesia, I also have to think about the electrical installation and CPU, as well as the equipment I use, plus I have to think about the day-to-day maintenance, setting up a place to mine, and it's not cheap.
but I am grateful for the advice you have given. I will remember this, sometime if I feel ready to become a miner, I will contact you to learn more.
full member
Activity: 590
Merit: 116
April 15, 2018, 11:15:21 AM
Financial management is actually in us that can control it. because now our finance depends on our own who manage to get a profit or investment. do not lust and there are sizes and limits
I also think that it totally depends upon the person, as far as I know getting free money is different from working hard to get it because once you work hard to earn money you tend to take care of it and you don't easily want to spend it to useless things you try to comprehend your priorities to be able to know which of it is you're going to put first when it comes to spending. But when it comes to free money you always tend to use it for your self as a reward or something for the things you've been working on your life.
this money I get by working as a bounty participant, I make an article, then I have to disseminate, I have to help promote projects that I follow, sometimes I also have to help build local communities, and help the team to explain their mission vision, which I feel is the thing that drains the mind, sometimes I also feel tired. and this is what I can do right now, I work hard to get the right rewards.
And I made this topic, to get a lot of feedback from all of you, so I did not waste my money. and hopefully others will be able to take the positive side, and get the same thing in terms of defending their money.
hero member
Activity: 2520
Merit: 605
April 15, 2018, 08:08:17 AM
What is the management of money? I personally think, can be divided into three steps, one is to analyze the income and expenditure, the second is to learn to spend, the third is to understand the investment.
right, to manage free money that is the topic here. and i think a good investment is on the property. if we like to speculate, we can invest in bitcoin so that will get more profit. but i suggest to learn it first before investing in cryptocurrency

but if we want to make an investment in the property, we need to have much money to buy that property. besides that, we cannot buy for the just small property if we are expecting to make a big money on the property. and for that free money, I agree with you that we can invest in bitcoin or other coins so we have a new investment that only a few people could do. I think it depends on you and how good you are to manage your free money.

When there were no bitcoins or altcoins, then people went for buying lands and commercial areas because their prices never falls. They always goes up because they are depreciation free. But now, as we have bitcoins and it really doesn’t matter how little you amount have, with which you can’t even buy a land but you are so good to go for buying bitcoins. So get them and earn money.
jr. member
Activity: 252
Merit: 9
April 14, 2018, 01:36:37 PM
I would prefer into cryptocurrency. besides you in using it. You can also freely adjust the movement of sale or purchase in any price that makes it possible to earn profits. and for the long term crypto is very good because the price if the coin you invested at least coin the top 5 market chart is very possible to continue to increase the number in usd it.
jr. member
Activity: 294
Merit: 1
April 14, 2018, 01:30:25 PM
I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:
1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...

your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.




I do not know correctly because I'm new here .Still give some idea, though that is not strong. I looked at Google and read about it. It seems to me the best way to earn Bitcoin. If you earn Bitcoin then there is no possibility of damage. Bitcoin is like assets. But it is variable. The price increases and decreases. When Bitcoin's value increases, many profits are achieved. Those who know very well about Bitcoin will be able to make new investments and earn money for free. Bitcoin provides benefits in all areas.
newbie
Activity: 44
Merit: 0
April 14, 2018, 12:30:52 PM
Financial management is actually in us that can control it. because now our finance depends on our own who manage to get a profit or investment. do not lust and there are sizes and limits
I also think that it totally depends upon the person, as far as I know getting free money is different from working hard to get it because once you work hard to earn money you tend to take care of it and you don't easily want to spend it to useless things you try to comprehend your priorities to be able to know which of it is you're going to put first when it comes to spending. But when it comes to free money you always tend to use it for your self as a reward or something for the things you've been working on your life.

For me it's different. I've had so many horrible jobs, so I simply value money, whether it's free or I got it from working. It's all part of the same. So I would not frivolously spend free money. Though I wish I would some times.
member
Activity: 294
Merit: 12
April 14, 2018, 10:53:16 AM
For me the best way is deposit it at banks for savings and if have enough invest for a property like a house or any properties that has good value. But it always depend in an individual because we all have different perspective. Think the best that suit you, everything you mentioned are good choice.
sr. member
Activity: 364
Merit: 267
April 14, 2018, 10:46:08 AM
Financial management is actually in us that can control it. because now our finance depends on our own who manage to get a profit or investment. do not lust and there are sizes and limits
I also think that it totally depends upon the person, as far as I know getting free money is different from working hard to get it because once you work hard to earn money you tend to take care of it and you don't easily want to spend it to useless things you try to comprehend your priorities to be able to know which of it is you're going to put first when it comes to spending. But when it comes to free money you always tend to use it for your self as a reward or something for the things you've been working on your life.
sr. member
Activity: 770
Merit: 253
April 14, 2018, 09:41:15 AM
I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:

1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...


your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.

Mining is good but you need a huge capital in order to start operating your mining machine. For me I will prefer to hold it in my wallet and wait for the right time to sell but if I have much money for capital I will prefer mining because it gives huge profit.
I agree hough you need a large amount of capital for your computer rigs but once you start mining the ROI will not take too long vand it mining doesnt need much time as ling as your ventilation is cool everything may go in order
We do have different perspective in terms of mining if you are the type of person who are good in setting up computer then it would be an advantage for you to go mining but if your are not then just find ways and I would advice trading in short term basis.
full member
Activity: 406
Merit: 104
April 14, 2018, 09:31:20 AM
I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:

1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...


your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.

Mining is good but you need a huge capital in order to start operating your mining machine. For me I will prefer to hold it in my wallet and wait for the right time to sell but if I have much money for capital I will prefer mining because it gives huge profit.
I agree hough you need a large amount of capital for your computer rigs but once you start mining the ROI will not take too long vand it mining doesnt need much time as ling as your ventilation is cool everything may go in order
sr. member
Activity: 686
Merit: 257
April 14, 2018, 03:59:36 AM
The best way to manage free money are you can put in bank deposits,  but some properties  and make some business.
Putting it in the bank was one of the best thing to manage your money but you must choose a trusted one. Managing our money was depend to our attitude as well. We must discipline ourselves on how we are going to use it. Learn to balance things especially important and unimportant things.

and if we only saving the money in the bank, I don't think that we can get much money because the return for our money is too small and we need to pay the fee in each month. it is better that we can use that money for other things like deposit, buy property, create a business, or buy a coin in the cryptocurrencies. we want that free money to grow more than the first time we get, right? then we need to think about the other chance to grow the money.

That is my first thinking when I got money to save in a bank for me to have a saving and they say that it is earning too until I found out that it is earning but with a little amount of money, so I decide to keep it and invest it in some coins that I know is potential to hold.
newbie
Activity: 26
Merit: 0
April 14, 2018, 03:17:11 AM
Invest your free in multi streams of income, diversification is key and very vital when you put your free money to use
hero member
Activity: 2604
Merit: 816
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April 14, 2018, 03:12:00 AM
The best way to manage free money are you can put in bank deposits,  but some properties  and make some business.
Putting it in the bank was one of the best thing to manage your money but you must choose a trusted one. Managing our money was depend to our attitude as well. We must discipline ourselves on how we are going to use it. Learn to balance things especially important and unimportant things.

and if we only saving the money in the bank, I don't think that we can get much money because the return for our money is too small and we need to pay the fee in each month. it is better that we can use that money for other things like deposit, buy property, create a business, or buy a coin in the cryptocurrencies. we want that free money to grow more than the first time we get, right? then we need to think about the other chance to grow the money.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
April 14, 2018, 12:44:03 AM
Lets think about every way, 1) Bank deposits around 2 - 3 %/ year if we talk about USD/EUR deposits and around 13 - 20% as deposits in other currencies (minus, their rate are not always stable, so it's like gambling). 2) Lending cryptocurrencies, might earn crazy 100 -180% /year and around 10% (if talk about large amounts) (problems, not really safe, ofc you can provide micro loans, like some of users doing here and give loans only  to people who can provide collateral, but cryptocurrencies is not stable, so there chance, that you can easily lost 6 -months profit in less than week). 3) Mining, long payback period, what depends of price on coin what you  mining and electricity price (around 6 months+), but from other side you can always sell miners and lose around 20%. 4) Gold assets, more stable but I think you shouldn't look on it like on investmenet. I think best way for investing -  it's altcoins, ofc it's not safe, but if do good research it would make you around 100 - 300% /year.

People have been utterly ruined in their expectations of what a normal return on investment is. 100% returns are not normal. If you're chasing returns like that, you're not really investing, you're gambling. Alt coins are even worse than Bitcoin, which is a speculative gamble to begin with. Crypto is not a normal investment. The risk people take on by buying it is far higher than anyone realizes.
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