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Topic: The very worst part of an investor or trader that has a low budget. (Read 999 times)

hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
I see a lot of people now a days knows about crypto and become interested on it something like they wanted to invest into it and it is so easy for them specially when they have a lot of money they can invest in different coin that they wanted and hold, while we as a crypto lover from a long time ago until present wanted to invest but short on budget has nothing to do with the coins that we wanted to buy,the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.
I've missed a fortune if it is about missed opportunities of the past, that is why we should have enough money to do whatever we want to do. I missed a lot of crypto assets' investments in 2023 and even this year, I would have known they would buy but due to lack of extra capital, I would miss them. Some rose even more than 10x, while the most are the ones that regularly buy back after some initial massive selling and they could have handed me about x4 in RIO this year. Regardless, I've trained myself to let go, we can't own everything and so long as we are not without any investment, we should be contented and pretend as if such opportunities never existed to avoid them infesting our minds.
copper member
Activity: 56
Merit: 1
When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.
There is no strategy that can be used in every single scenario, diversification makes sense if you already have a high level of capital, but for someone with just 100 dollars in their pocket, it makes no sense to invest in 10 different assets dividing their capital equally between them, just think about the fees you will have to pay to move your coins, and if we add that during the bull run the transaction fees goes up, it is even likely you could not move those coins as the fees are higher than that, so in that case, investing those 100 dollars in a single project makes more sense.

Let's face it - what you would be able to get from $100 in best case, if we talk about it for real?..  Roll Eyes
copper member
Activity: 70
Merit: 0
Easy to say but its actually that hard to be done but its not something impossible. It will really be that just depending on how you would persevere yourself on dealing up with trading.
If you would really be that serious then you will be having that kind of approach on trying out to learn everything.
People need to start with things that are safest and have highest probability to help them gaining profit. Because if they get profit, increases their capital and portfolio value, get richer, they will have better mentality for next steps. In contrast if they get losses, their mentality will become worse and it will be start of worse things and more bigger losses.

So between investment and trading, let's choose investment, a safer one to success.

Invest in Bitcoin, hold it, it's safer than trading and you will get profit by holding. If you can not get profit by holding, it's nearly impossible for you to get profit by trading, as a newbie in this market.

Yeah, the BTC is the safest choice out there.
No nerves, no panic, cycles change each other and eventually lead to the break of the ATH, sometimes sooner, sometimes later, but it doesn't change the trend and the faith the community has for BTC and what it stands for.
full member
Activity: 420
Merit: 120
Easy to say but its actually that hard to be done but its not something impossible. It will really be that just depending on how you would persevere yourself on dealing up with trading.
If you would really be that serious then you will be having that kind of approach on trying out to learn everything.
People need to start with things that are safest and have highest probability to help them gaining profit. Because if they get profit, increases their capital and portfolio value, get richer, they will have better mentality for next steps. In contrast if they get losses, their mentality will become worse and it will be start of worse things and more bigger losses.

So between investment and trading, let's choose investment, a safer one to success.

Invest in Bitcoin, hold it, it's safer than trading and you will get profit by holding. If you can not get profit by holding, it's nearly impossible for you to get profit by trading, as a newbie in this market.
hero member
Activity: 3010
Merit: 794
When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.
There is no strategy that can be used in every single scenario, diversification makes sense if you already have a high level of capital, but for someone with just 100 dollars in their pocket, it makes no sense to invest in 10 different assets dividing their capital equally between them, just think about the fees you will have to pay to move your coins, and if we add that during the bull run the transaction fees goes up, it is even likely you could not move those coins as the fees are higher than that, so in that case, investing those 100 dollars in a single project makes more sense.
You will be able to find out for yourself on how you would really be able to find out that it doesnt make sense on trying to divide that hundred bucks across different coins yet maker and takers fees will definitely be hurting up your profit, not unless if you do make out some big gain trades then its possible but if not then you would surely felt those fees or deductions. It do really sucks when you do have that small capital
because it will really be that limiting out on the actions that you could make because of that smaller capital but on the moment or time that you do acquire such skills then it will really be something that
give out that kind of advantage at least on trying to make those capital even more bigger. You can start small and on the time or moment that you do have that good grasps towards the market then this is where you would be deciding on having that compounded profits until the trading capital you make it much bigger.

Easy to say but its actually that hard to be done but its not something impossible. It will really be that just depending on how you would persevere yourself on dealing up with trading.
If you would really be that serious then you will be having that kind of approach on trying out to learn everything.
legendary
Activity: 2534
Merit: 1338
When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.
There is no strategy that can be used in every single scenario, diversification makes sense if you already have a high level of capital, but for someone with just 100 dollars in their pocket, it makes no sense to invest in 10 different assets dividing their capital equally between them, just think about the fees you will have to pay to move your coins, and if we add that during the bull run the transaction fees goes up, it is even likely you could not move those coins as the fees are higher than that, so in that case, investing those 100 dollars in a single project makes more sense.
copper member
Activity: 56
Merit: 1
When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

I totally up this up.
At least there would be more chances for growth if the coins chosen were credible and reliable..
hero member
Activity: 882
Merit: 501
When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

Low ludget also means that you are going to have low risk as well and when you invest huge amount of money into crypto, you will lose more and because altcoins are very volatile, the risk of losing more will likely happen that's why it's good to invest something moderate so you can do a proper risk management until you are conversant with the market to invest large amount of money.

It's true that you can have better chances to succeed if you invest in well established coins and trade with them but it's also true that the lower you enter in a "coin train", the biggest the profit when (and if) goes to the moon. So once again, diversifying your assets will give you the opportunity to make them both. Like 10-20% trading high risk assets and the rest for medium risk trading assets.
sr. member
Activity: 574
Merit: 310
Indeed, if we think like that or look at a situation like that, then we might feel a little jealous. This is a very natural thing as a human being who has minimal capital. However, it doesn't matter when we make it a motivation for us. with effort and hard work, then we can also get benefits even though not as much as what people who have more capital get. But I feel it myself now, even though I moved from the very bottom, slowly I can feel something that makes life better, especially from the financial side. When there is a will, then anything can happen. We must do it tirelessly.

Feeling jealous about others victory or the quantity of money that they have isn't a good habit to have. We don't know how they made their money hence we don't have to be jealous of them because what they have gone through, many of us won't want to go through that process to get the money that they have. Rich people make alot of sacrificed hence when we seen them successful we shouldn't feel jealous but work on trying to be rich like them too. With your low budget, keep trading and having better plans for yourself and you will be like the rich one day. After making profits, don't squander the money but invest it back into your trading or other investments that can give you profits without you risking too much that can make you to lose all your money. What matters more when trading is the experience that you gained because with that, you can make more profits in the future.
hero member
Activity: 2730
Merit: 632
I see a lot of people now a days knows about crypto and become interested on it something like they wanted to invest into it and it is so easy for them specially when they have a lot of money they can invest in different coin that they wanted and hold, while we as a crypto lover from a long time ago until present wanted to invest but short on budget has nothing to do with the coins that we wanted to buy,the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

I understand and feel what you want to convey in this topic that you did because I feel the same way, so it is often thought that people who are rich or in the middle class level of life are very lucky to be open to crypto investment so that they can accumulate potential crypto.

while we in the short budget are working hard and persevering in gradually accumulating the potential cryptos that we want to accumulate that somehow we also have a chance to hit the jackpot.
Indeed, if we think like that or look at a situation like that, then we might feel a little jealous. This is a very natural thing as a human being who has minimal capital. However, it doesn't matter when we make it a motivation for us. with effort and hard work, then we can also get benefits even though not as much as what people who have more capital get. But I feel it myself now, even though I moved from the very bottom, slowly I can feel something that makes life better, especially from the financial side. When there is a will, then anything can happen. We must do it tirelessly.
We as a human being could really be able to felt out with those kind of emotion on which we are really that having that kind of jealous into someone who do have that bigger capital on which we can really be able to say that this is something that will really be coming up into our minds since we do know on what are the things that could really be able to happen if we do have that bigger capital on which we know that this is something that will really be that totally giving out that opportunity or chance for you to be able to have that kind of make bigger profits but of course it would really be that imposing on the similar risks as well.

Low budget isnt something that bad because we do know that not all is really that having a financial status on which you are really that a rich person who could start of with bigger capital.
Also, its not really recommended that you would really be starting with bigger capital when you are really just that starting up and its ideal that you do make use of a less
capital because you are just testing up your phase or thing.
hero member
Activity: 2142
Merit: 604
Leading Crypto Sports Betting & Casino Platform
I see a lot of people now a days knows about crypto and become interested on it something like they wanted to invest into it and it is so easy for them specially when they have a lot of money they can invest in different coin that they wanted and hold, while we as a crypto lover from a long time ago until present wanted to invest but short on budget has nothing to do with the coins that we wanted to buy,the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

I understand and feel what you want to convey in this topic that you did because I feel the same way, so it is often thought that people who are rich or in the middle class level of life are very lucky to be open to crypto investment so that they can accumulate potential crypto.

while we in the short budget are working hard and persevering in gradually accumulating the potential cryptos that we want to accumulate that somehow we also have a chance to hit the jackpot.
Indeed, if we think like that or look at a situation like that, then we might feel a little jealous. This is a very natural thing as a human being who has minimal capital. However, it doesn't matter when we make it a motivation for us. with effort and hard work, then we can also get benefits even though not as much as what people who have more capital get. But I feel it myself now, even though I moved from the very bottom, slowly I can feel something that makes life better, especially from the financial side. When there is a will, then anything can happen. We must do it tirelessly.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
I am sure many people start investing in crypto with a low budget but they don't complain. They are not give up because of circumstances but they still trying to allocating some money which is low to invest in crypto. They don't give up but they search for more info how they can use the limited budget and slowly make it bigger. They know that they have the opportunity to make a profit but they cannot get it in a short time so they willing to continue what they already did while they search for the other opportunity that can help them to make more money. Rich people can't feel this pain but those who used limited budget get much experience and lesson because they want to learn more to improve their knowledge. When they have more knowledge, they can use it to increase their capital as in crypto world, they have much chance to make it. They can also trade using a low budget and keep patience while they collect every profit they get from trading.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
I see a lot of people now a days knows about crypto and become interested on it something like they wanted to invest into it and it is so easy for them specially when they have a lot of money they can invest in different coin that they wanted and hold, while we as a crypto lover from a long time ago until present wanted to invest but short on budget has nothing to do with the coins that we wanted to buy,the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

I understand and feel what you want to convey in this topic that you did because I feel the same way, so it is often thought that people who are rich or in the middle class level of life are very lucky to be open to crypto investment so that they can accumulate potential crypto.

while we in the short budget are working hard and persevering in gradually accumulating the potential cryptos that we want to accumulate that somehow we also have a chance to hit the jackpot.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
sniped...
 
Actually there are really indeed ways or methods, it is really just that there are tons of people who are really that too impatient when it comes to this manner on which they dont really like up on starting on having that small capital just because they could only get a small amount of profits on the moment that they will really be making up some trades which is somehow true. We do know that the bigger capital you do have then you could be having that kind of versatility when it comes into your trades but we do know that if the higher amount is really that been used to, then chances of losing up that big could be still equal. This is why you shouldnt really be thinking that the higher the amount will be having that less risks but rather it would be the other way around. If you are really that wanting on having that kind of bigger capital came from smaller ones then
the best way is really that having that compounding profits on which consistency will really be your best shot on here if you do want to hit this kind of target.

The best thing to be done is not to make yourself that desperate when it comes into this manner on which you've been trying out to make yourself having this kind of goal but on the moment that desperation kicks in
because of that short patience you do have then you are really that bound on losing tons of money instead on earning. So its better to be at least having that kind of relaxed but having that strategic and
aiming for some realistic approach rather than on rushing up yourself on doing such thing.

It’s crucial to honestly assess if we’re truly capable, not just assuming we can handle it, only to struggle later. Many people try investing but don’t make it, and plenty start trading but eventually quit. This shows us that investing and trading aren’t for everyone, especially if we’re impatient. We have to understand that success in either one isn’t magic—and it’s certainly not easy.

Every successful person has gone through a lot of losses and setbacks before reaching their goals. So, if we lack patience and aren’t willing to make sacrifices, reaching our goals may just remain out of reach.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
A low budget does not necessarily mean a bad thing. If you are of the mind to bet a thousand on 1.1x profits, then you are also risking that grand to losses.
From a low budget gradual increase in capital should be targeted. This can be done by allocating funds to the trading budget every month from income.

rich and poor, only matters in deciding the strategy, people with low budget should be more aggressive in building their capital, since it's not that much money to risk anyway, so an aggressive approach is needed, until the capital become big enough to change around the strategy.

getting too focused on the idea that the poor people always have the disadvantage will bring nothing but stagnation of financial condition, yes we may have lesser opportunity and privileges with low capital but know that it doesn't mean we can't try to find a way out of this poverty circle.

I've seen plenty of people trading with $1 that make it to $1000++ with just discipline alone.
hero member
Activity: 924
Merit: 550
I see a lot of people now a days knows about crypto and become interested on it something like they wanted to invest into it and it is so easy for them specially when they have a lot of money they can invest in different coin that they wanted and hold, while we as a crypto lover from a long time ago until present wanted to invest but short on budget has nothing to do with the coins that we wanted to buy,the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit, I'm very confident that you are going to have a story to tell for believing in that particular coin. What many people do with this is that when they don't have mm unto buy coins, they just close eye and invest the money into Bitcoin and lets the market decide there faith, if it's goes up that's fine and if it goes down, it's fine provided you invest something you can afford to lose.

Low ludget also means that you are going to have low risk as well and when you invest huge amount of money into crypto, you will lose more and because altcoins are very volatile, the risk of losing more will likely happen that's why it's good to invest something moderate so you can do a proper risk management until you are conversant with the market to invest large amount of money.
hero member
Activity: 784
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Top Crypto Casino
Rich or poor, regardless of the amount of capital you invested, if you don't have what it takes to be a wise investor, you will never make it with crypto but will definitely fall into losses and frustration.
Yes, that's a reality which most people don't understand well, those who aren't well aware about the market are the ones who never make any money in crypto and the ones who master the market are the real money makers. Crypto is not for newbies who want to get rich quickly after reading some news about the ones who made millions within days by investing in a coin at its early stage. Those are the people who often lose money instead of making anything in crypto market.
sr. member
Activity: 574
Merit: 310
I see a lot of people now a days knows about crypto and become interested on it something like they wanted to invest into it and it is so easy for them specially when they have a lot of money they can invest in different coin that they wanted and hold, while we as a crypto lover from a long time ago until present wanted to invest but short on budget has nothing to do with the coins that we wanted to buy,the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

Rich people too have their problems and theirs might be worst because when you have money and you don't know how to make use of the money, you're going to lose them to scammers and overhyped projects and this is the problem the rich are struggling with. Alot of people are throwing away money to projects that will never get back to their previous all time high for last bull market. I see people investing in projects like Xrp that's dead but you see them calling it a sleeping gem because of what some random individual says about the coin being undervalued. For me I see the worst part for an investor is when they have the money but don't know how to make good use of it. Investing in Bitcoin will always be the best decision we should be making as cryptocurrency investors because altcoins aren't going to give you the satisfying investment that you won't be scared about your money.
hero member
Activity: 2968
Merit: 687
I really dont like that the OP has to speak against "rich" people. We have to learn to speak from a neutral point of view. Rich and poor are only relative terms.

A low budget does not necessarily mean a bad thing. If you are of the mind to bet a thousand on 1.1x profits, then you are also risking that grand to losses.
From a low budget gradual increase in capital should be targeted. This can be done by allocating funds to the trading budget every month from income.

Now there comes the second thing - income. If you dont have a stable source of income, then trading is not going to work out for you. Because that is the safety cushion when things go South.
When majority of the world is poor, it's normally talk about rich people in a bad manner. The 1% of hte world is richer than 90% of the world, is that making sense to you? And richest 0.01% is richer than 70% or something like that, not entirely sure but it was above 50%. That means, we are all working for just a few people to have money they will not need.

The amount of money they have makes no sense, and should not be even valued at that high levels. Obviously most rich people do not have "money", they have assets, like Elon Musk probably doesn't even have a billion dollars at this point, in cash, maybe he does but doubt it, but he is one of the richest if not the richest person, I think that should point out how the system is crooked because he doesn't have cash, so you can't really tell him to pay taxes, he just owns part of many companies, so the companies pay taxes for him instead. That system has to change, we need higher taxes for companies all around the world, if one nation does it, then the company will go to a cheaper nation.
You will really be just that stressing yourself on having this kind of thinking or mindset on which you are really that trying out to compare yourself into those people who are sitting above the chain or triangle in terms of that financial capacity. We do really need up to accept that there's those people who are really that richer or having that capacity on everything since they do have the money. Instead on trying out to degrade yourself or having that kind of discouragement. Why wouldnt you just mind on trying to persevere things or set out targets for your own good or simply having that progress on enhancing your way of living or trying out to improve your financial state? Instead on trying to look into others conditions and being jealous about it? Dont get stressed if you do have that low budget because this isnt how that measuring up on someones success when you are really that doing trading, it is really that on the profits you do made out. It did really just that turned out to be small since you do have that low capital. On the moment that you are making some consistent gains then this is where you do see that you are really that doing well. Compounding profits will really be your main priority until you do sum it up and make it big. Making adjustments accordingly in terms of
risks per entry and sell out on neither short time or make swing trades. It will really be that up to you on how you will be handling up yourself.
legendary
Activity: 2968
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
I really dont like that the OP has to speak against "rich" people. We have to learn to speak from a neutral point of view. Rich and poor are only relative terms.

A low budget does not necessarily mean a bad thing. If you are of the mind to bet a thousand on 1.1x profits, then you are also risking that grand to losses.
From a low budget gradual increase in capital should be targeted. This can be done by allocating funds to the trading budget every month from income.

Now there comes the second thing - income. If you dont have a stable source of income, then trading is not going to work out for you. Because that is the safety cushion when things go South.
When majority of the world is poor, it's normally talk about rich people in a bad manner. The 1% of hte world is richer than 90% of the world, is that making sense to you? And richest 0.01% is richer than 70% or something like that, not entirely sure but it was above 50%. That means, we are all working for just a few people to have money they will not need.

The amount of money they have makes no sense, and should not be even valued at that high levels. Obviously most rich people do not have "money", they have assets, like Elon Musk probably doesn't even have a billion dollars at this point, in cash, maybe he does but doubt it, but he is one of the richest if not the richest person, I think that should point out how the system is crooked because he doesn't have cash, so you can't really tell him to pay taxes, he just owns part of many companies, so the companies pay taxes for him instead. That system has to change, we need higher taxes for companies all around the world, if one nation does it, then the company will go to a cheaper nation.
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