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Topic: The best way to manage free money - page 6. (Read 1995 times)

full member
Activity: 280
Merit: 101
April 10, 2018, 03:17:42 PM
I think that crypto currency is an emerging and lucrative market in our
contemporary times.Hence, manage your free money by buying some
 researched digital coins and hold for its appreciation in value.Then sell to make
profit.More so, free money can also be diversified into property investment.
This is also a very promising business more like real estate business where you
commercialize the building or land space in form of rents to make residual income.
full member
Activity: 532
Merit: 101
April 10, 2018, 04:13:32 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
full member
Activity: 590
Merit: 116
April 10, 2018, 03:55:43 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.
it's about managing free money, really free money, money we've reduced for savings, daily needs, electricity, water, food, insurance, and so on. I want to hear the opinions of friends, about where we should manage the money.

I think when you have extra money you should spend it on something that you like because we need that privilege of having our wants to make us happy on whag we are doing and makes us do what we need to do. Another, you should just invest it again to cryptocurrency like Bitcoin or other crypto you want to. Buy when it is low and sell when it is high, with this you'll gain more and more extra money for future use or if in case you need an extra expense for something.
I agree, but unfortunately too much that I like, and this money will not be enough, but at least I have set aside for traveling, of course with the family. and what I'm talking about right now is the money I really liberated to grow, like a goat I left free in the field, but I can keep an eye on it, so it will not be eaten by tigers or other wild animals. and I like your idea to reinvest it into crypto. thanks.
newbie
Activity: 182
Merit: 0
April 10, 2018, 03:51:26 AM
The best way to manage your free money is by way of investing in Cryptocurrency. Because Cryptocurrency World has a very good chance for short and long-term investment. And you can invest in some of the best coins such as Bitcoin, Ethereum, Litecoin, or others. The coins are very promising for your future. I'm sure you will not regret it. Hopefully, my advice can be useful for you and others.
full member
Activity: 590
Merit: 116
April 10, 2018, 03:37:19 AM
newbie
Activity: 224
Merit: 0
April 09, 2018, 11:32:37 PM
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.
member
Activity: 123
Merit: 10
Apps Development Automation Platform
April 09, 2018, 11:25:37 PM
sr. member
Activity: 518
Merit: 250
April 09, 2018, 10:58:34 PM
Out of all the choices I think I would choose between bank deposits and torn between gold assets and properties because both gold and the properties will be worth something in the future and the price does not depreciate. In fact the properties are even more way expensive because it grows a certain percentage every year if you have a great view and access to the main road.
newbie
Activity: 294
Merit: 0
April 09, 2018, 09:36:35 PM
member
Activity: 392
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
April 09, 2018, 08:23:49 PM
I think the best and fastest way to earn money is crypto currency like bitcoin. You just need to time it perfectly. The price of bitcoin today ($6,771.16 USD) was good price to invest. You can consider buying now and sell it at a higher price later. Keep on doing that until you were able to have enough money for other investment. Just make sure that you will buy at a low price. Once you have a BTC, I would suggest that you wait until December or January 2019 were bitcoin is at its highest.
full member
Activity: 255
Merit: 100
https://burst.money/
April 09, 2018, 07:41:04 PM
The best way to manage free money is to spend it to something useful. I prefer to spend it to something that will give you more money. Maybe invest it or make use of it by doing business.
full member
Activity: 465
Merit: 100
April 09, 2018, 07:15:01 PM
Take buy 2 or 3 Btc and stay on HODL it for 2-3 years later, you will happy for invest of it. Starting Lending business is good ones option, but you need to understand about knowledge of volatile market of crypto coins, from what i seen by some lending service here, they are using altcoin as collateral.
member
Activity: 210
Merit: 10
April 09, 2018, 12:57:13 PM
I think when you have extra money you should spend it on something that you like because we need that privilege of having our wants to make us happy on whag we are doing and makes us do what we need to do. Another, you should just invest it again to cryptocurrency like Bitcoin or other crypto you want to. Buy when it is low and sell when it is high, with this you'll gain more and more extra money for future use or if in case you need an extra expense for something.
full member
Activity: 239
Merit: 101
April 09, 2018, 12:49:39 PM
sr. member
Activity: 686
Merit: 250
April 09, 2018, 10:54:35 AM
Open your own business)
Buy a franchise and make money, for example

I like this idea. I know a friend who develop his own business, and it looks cool. Probably you can buy some stuff to be sold, or you can think an antimainstream product you can sell.

Then for other investment, you can buy bitcoin and hold it for a long period of time or wait until the price is high.
I don't know if it is such a good idea to create a business with the economy as weak as it is, I thought about the same but when I saw all the trouble that I needed to go through I decided against it and instead I invested in bitcoin which has been one of the best decisions of my life and I have no doubt that the profits will become even greater the longer I hold my bitcoin.
hero member
Activity: 910
Merit: 523
April 09, 2018, 01:12:23 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 ...


1. Bank deposit is just an assurance/backup plan as you still have money in case all of other investments failed. Don't think your money will grow bigger as the inflation is growing as well, it can be 1-1 = equal
2-3. I won't recommend investing in lending and mining, it's better to hold your bitcoin/free money and allocate to other choices.
4. The same thing applied for the reason 1, the gold asset is just an assurance/backup plan.
5. Buy a property can be profitable as long as you make it productive to generate money, even buy a land is profitable for a long term.
6. Other ideas, create your own business (sell something or offer services) I can't tell the right business for everyone as there are a lot of factors affect it, such as your talent, interest, hobby, capital to start, where do you live, and so on.
I will go for 1. 4. 5. 6.
sr. member
Activity: 786
Merit: 270
April 09, 2018, 01:02:14 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.


the best way to manage free money, is to use it in good ways like free education to every poor person, without paying, or give it to those who are less fortunate to use it to start their lifestyle for use this is what they need, not just the use of vain things.
Those people who are weak financially in the society, they are responsibility of those who are earning handsome money whether it is through hard working or they have inherited it.

These are social ethics to help others in achieving what they want or help them to live better lives, this will ultimately increase the welfare of the society. There is inner satisfaction when you help such kind of people. They give you something more than money in return.
I believe though it's free money but it still needs a little effort and time to earn it, because it has an impact on your life, and everything that you do. The best way to manage free money is to set the budget needed, save money, plan your purchases in advance, and avoid impulsive buying. Plan and think twice before you make any decision.
No one has been successful in life without excellent plans and planning. Making a plan is one thing and then executing is the most important part. If you are great plan maker but are unable to follow your plans, you are nothing good practically. Keep in mind that there are many who make plans but only those win the race who follow their plans. Plan your budget and stick to it no matter what circumstances you going through.
It all depends on how much money you do have which is of no use for you and that you need to make some proper use of that money. If you have small amount of free money, then you need to keep on saving all your free money for some period so that you can then have some more amount of money.

At time when you have fair amount of money, then you need to go for investing of that money into any of the business about which you know and you are dead sure that it will help you in making of money.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
April 09, 2018, 12:25:17 AM
gold is one of the most stable investment tools, I agree with that. but I do not dare keep it at home, this is a problem of my own, while if I keep in the bank, I have to spend the cost again.


at least, you can solve your problem if you keep your gold in the banks.

As you are participating in bounty campaigns I conclude that you are scanning for new ICOs at least every week.

As I also like bounties here is what works fine for me:
I look for profitable bounties and once they paid me out I sell a few tokens for ETH or BTC.
When I come across a nice project in my search for bounties I join it, learn about it while doing the translation and getting to know how the team treats their customers etc.
If I feel confident in the team and project I invest some of my "free bounty money" into this project.
Once the token hits the exchanges I choose an exit point where I pull my initial investment and some profit out and continue to look for the next project.

Hope to have given you a new idea Smiley
This can be very profitable 30x and up. Make sure that you invest at the earliest stage possible if you plan on investing.
this is a good idea, thanks, I will consider this way in the future.

I like the idea and I think this will be good if we apply into the projects but it's really need a deep research for each the projects so we can know which one that will be our choice to invest our money.

i am getting envy on some members here that could still manage to have extra money after spending their needs or supply needed. I cant even manage my own free or extra money because i do not have extra money. Thus, i use to ask for some extra of my friends specially during emergency needs and have to pay them staggard and that would be another sacrifice in our basic needs since i am the breadwinner and i am onlynthe one working in our family. However, i could still give younsome advise on your extra money. Save it or invest in bitcoin and play buy and sell with bitcoin.
thank you for your suggestion. keep the spirit, and do not stop fighting. not everyone is born successful, but everyone has a chance to succeed.

there will be a time for you to get your free or extra money so you can join into the projects as the investor or as a trader. be patient, follow the path, don't give up and continue what you do. it will give some good things for you in the future. cheers.
full member
Activity: 590
Merit: 116
April 08, 2018, 11:34:31 PM


If you had been looking for the perfect place to invest . The most better and good place to invest is the number 4 in the list which is Gold assets. Because when you invest in gold you will never lose or broke..because gold price still precious and time by time it increases and it is not lowering on its price. So that it is good to invest in gold assets.
gold is one of the most stable investment tools, I agree with that. but I do not dare keep it at home, this is a problem of my own, while if I keep in the bank, I have to spend the cost again.

As you are participating in bounty campaigns I conclude that you are scanning for new ICOs at least every week.

As I also like bounties here is what works fine for me:
I look for profitable bounties and once they paid me out I sell a few tokens for ETH or BTC.
When I come across a nice project in my search for bounties I join it, learn about it while doing the translation and getting to know how the team treats their customers etc.
If I feel confident in the team and project I invest some of my "free bounty money" into this project.
Once the token hits the exchanges I choose an exit point where I pull my initial investment and some profit out and continue to look for the next project.

Hope to have given you a new idea Smiley
This can be very profitable 30x and up. Make sure that you invest at the earliest stage possible if you plan on investing.
this is a good idea, thanks, I will consider this way in the future.

i am getting envy on some members here that could still manage to have extra money after spending their needs or supply needed. I cant even manage my own free or extra money because i do not have extra money. Thus, i use to ask for some extra of my friends specially during emergency needs and have to pay them staggard and that would be another sacrifice in our basic needs since i am the breadwinner and i am onlynthe one working in our family. However, i could still give younsome advise on your extra money. Save it or invest in bitcoin and play buy and sell with bitcoin.
thank you for your suggestion. keep the spirit, and do not stop fighting. not everyone is born successful, but everyone has a chance to succeed.
legendary
Activity: 2212
Merit: 1008
April 08, 2018, 06:02:38 AM
Bank deposits are risk-free investments, but interest is low because Banks make money on your money!

Most people used to like investing in stocks.

Many people now invest in digital encryption because the new financial market has more profit!

For me, investments in real estate are better than banks. As I am here, on this Forum, it means that I use some of my profits to buy the cryptocurrency. Trading brings me benefits, but I make long-term investments.
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