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Topic: The very worst part of an investor or trader that has a low budget. - page 3. (Read 1295 times)

hero member
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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
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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
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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: 2996
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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.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
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.
copper member
Activity: 168
Merit: 4
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.

That's why I don't believe that lucky are those people who have huge amount of bankroll because they can consistently invest. Yes, they have the advantage but all those funds will just turn into losses if they don't know how to deal with a volatile investment.
That is the thing, those complaining about their lack of money are wasting their time, most traders and investors begin their journeys without the money or the knowledge necessary to succeed, so while you accumulate that money, you can use that time to learn more about the markets, this way once you got enough money to begin to invest in the markets you will also have the knowledge to do this on the best possible way, and when viewed like this, lacking money is not really an obstacle to succeed on the markets.

Totally.
All comes with time and responsibility put into it - all the efforts of being on the market and respecting its rules will be transferred into the knowledge needed to work with it to gain something at the end of such a road of development.
legendary
Activity: 2814
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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.

Rather than complaining about limited funds, it is better to find a way to get more money to invest.
You may feel annoyed when you see coins that you have not had to buy due to limited funds up sharply, but it could be the opposite, where you are grateful because it turns out that the coin has fallen very sharply.
Rich people may not feel the pain, just as we will not feel the pain they feel when they lose large assets due to wrong investment, meaning everything is balanced, large capital means being ready for large profits and losses, as well as small capital.

It would be better to be more selective in investing when our funds are limited and this is also to avoid more losses because not all coins will provide profits.
legendary
Activity: 2534
Merit: 1338
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.

That's why I don't believe that lucky are those people who have huge amount of bankroll because they can consistently invest. Yes, they have the advantage but all those funds will just turn into losses if they don't know how to deal with a volatile investment.
That is the thing, those complaining about their lack of money are wasting their time, most traders and investors begin their journeys without the money or the knowledge necessary to succeed, so while you accumulate that money, you can use that time to learn more about the markets, this way once you got enough money to begin to invest in the markets you will also have the knowledge to do this on the best possible way, and when viewed like this, lacking money is not really an obstacle to succeed on the markets.
hero member
Activity: 812
Merit: 619
But the good thing in this market is that you can invest even below $1k or much less. So it is up to your financial capability how you will hold some coins. Should not force yourself to invest especially if you are tight in your budget. You may end up selling it below your buying price and that for sure is not good for investments. Unlike in forex, it requires good amount of money. In crypto, you can easily trade below 100 bucks and earn something from it. Don't force yourself to invest more, because it can possibly ruin your financials. Aiming for more without sufficient funds on hand will give you more trouble than profits.

A higher budget = better profits. However, as you said, it doesn't mean a person should try and get a bankroll or a budget by either borrowing money, selling properties, or doing other things that they should do because there is no guaranteed profit when it comes to trading. So if you have borrowed money from someone with the mindset that you will return it once you earn some profit with it, you better return it before you make trades with it as a newbie because you can lose the money.

The amount of knowledge that you have should also play a role in deciding whether you should start trading with a small amount or not. If you are not very much knowledgeable about the market, a small budget should be better until you get hands on knowledge and experience from the market after which you can start trading with a bigger amount.
hero member
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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.
Theirs no cryptocurrency investor that doesn't know when to invest and when to look after market, even though you don't have capital to invest that moment and you have see coin you like to invest, you can invest on the coins directly by selling your coin and purchase the new one, so I believe that in cryptocurrency investment someone have interest on other coins has other investment already, so rich people also have the same pain you're emphasizing on, but what I know quite well is that anyone who is cryptocurrency investor have so many coins it invested on, when exchange list a coin it can swap to the new coin that it wants or needed mostly, but a process whereby you're not a crypto investor you can't be able make such instant swap.
legendary
Activity: 3122
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You will be surprised that big capital users is not far away from the small users most of the times. It is because if you have a big capital the amount that you will be risking is also big. This shows that to be able to last long, doesn't really depend on the capital but it is about how one is willing to take more risk in their bets.

A trader with sufficient capital is much more comfortable to adhere to the risk management strategy, so he opens a deal on a small percentage of his deposit. The one who has a small deposit, as a rule, opens an order for his entire deposit and at the same time with a large leverage.

You know, when it really does hit you as a trader is when you get in this market right, when your out there on the market, trading based on an analysis you’ve so well prepared and even before the market moves in on your direction, it experiences some substantial pullback, those kind of pullback that might not be healthy for your capital but, your a risk taker and so you stay in the market, having a firm belief in your analysis and to not be nervous and run off, you choose to go off your screen and get busy with something else.
Then after a while, you come back to see the chats and your low budget capital have just been knocked off and the market heads straight to your direction with a very long candle! Mehn, you’ll just hate why you just didn’t have enough as capital to hold it all off.
There is always a positive side yo this though and that’ll be, you hit your analysis right and that’s cool.
The main priority that you should be having in mind is not on how much money that you would really be having into your trading account but rather it will really be better that you should really be minding on how
you would be able to sustain yourself on making trades. Small amount of trading capital wont really be an issue if you do manage yourself on being profitable despite of the loses that you are committing.

Sustainability will really be your main priority on which everyone is really that trying out to achieve into. This isnt something simple and could be achieved through long time engagement.
Low budget will really be just that something not a problem or an issue because we do know that you could really be able to make it big on the time moment that you do really know on what you are doing.
It will really be that best that you should be sustainable on what you do. You are the ones who will really be having that kind of dictating on the outcomes of your trading results or outcome.

Worst part to be considered is that you do keep on repeating on the same results again and again or simply that you arent learning and this is really that a main issue.
Low budget isnt an issue because you could really be able to compound until to make it big.
legendary
Activity: 1554
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You will be surprised that big capital users is not far away from the small users most of the times. It is because if you have a big capital the amount that you will be risking is also big. This shows that to be able to last long, doesn't really depend on the capital but it is about how one is willing to take more risk in their bets.

A trader with sufficient capital is much more comfortable to adhere to the risk management strategy, so he opens a deal on a small percentage of his deposit. The one who has a small deposit, as a rule, opens an order for his entire deposit and at the same time with a large leverage.

You know, when it really does hit you as a trader is when you get in this market right, when your out there on the market, trading based on an analysis you’ve so well prepared and even before the market moves in on your direction, it experiences some substantial pullback, those kind of pullback that might not be healthy for your capital but, your a risk taker and so you stay in the market, having a firm belief in your analysis and to not be nervous and run off, you choose to go off your screen and get busy with something else.
Then after a while, you come back to see the chats and your low budget capital have just been knocked off and the market heads straight to your direction with a very long candle! Mehn, you’ll just hate why you just didn’t have enough as capital to hold it all off.
There is always a positive side yo this though and that’ll be, you hit your analysis right and that’s cool.
hero member
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Bitcoin = Financial freedom
Money is the solution for every problems. Cheesy
No, money can't solve every problem. Comfort, security and happiness are not always due to money. No matter how much money you have, you won't find happiness if you are far from God.
I live in the reality and if there's one thing that can solve all of my problems I ever faced all my life then I can blindly say money not God or anything.
And you said in crypto for very long so if you tried to accumulate small amounts every month via DCA then you would be already having decent money under your portfolio instead of blaming that I am not rich or whatever.
Even if he did DCA, he may not hold all the coins. Whenever he has urgent needs, he possibly sell some of the coins. I also experienced this, so it is difficult to hold all the coins that I collected from DCA monthly. I have no idea to judge about his portfolio, but he must have good number of coins if he already did it for a long time.


For someone who is accumulating via DCA the self control and discipline is very important, they are like commited themselves to do something for certain period of time or like until accumulate x amount of Bitcoin so before reaching that we can't give any excuse for not buying it because we have other needs and for the fact every month, every week and every day we can't pass that I am not having any trouble with the money especially talking about the retail investors.
hero member
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royalstarscasino.com
Money is the solution for every problems. Cheesy
No, money can't solve every problem. Comfort, security and happiness are not always due to money. No matter how much money you have, you won't find happiness if you are far from God.

Only few are previlaged to have such cushion of starting with big capital but remaining 90 or 80% of people started small and over the period of time you will eventually turn it to big.
Indeed. If you're not rich people, you probably have no big capital.
I don't know how much people who start trading or investing with big capital, but I agree that most of us start with small capital. One of the reason people join crypto is to change their financial, it means they have no much money. Those who are rich people, they may be just curious with crypto. Some can join crypto, other may have no interest in crypto.

And you said in crypto for very long so if you tried to accumulate small amounts every month via DCA then you would be already having decent money under your portfolio instead of blaming that I am not rich or whatever.
Even if he did DCA, he may not hold all the coins. Whenever he has urgent needs, he possibly sell some of the coins. I also experienced this, so it is difficult to hold all the coins that I collected from DCA monthly. I have no idea to judge about his portfolio, but he must have good number of coins if he already did it for a long time.

legendary
Activity: 2268
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To the Moon
You will be surprised that big capital users is not far away from the small users most of the times. It is because if you have a big capital the amount that you will be risking is also big. This shows that to be able to last long, doesn't really depend on the capital but it is about how one is willing to take more risk in their bets.

A trader with sufficient capital is much more comfortable to adhere to the risk management strategy, so he opens a deal on a small percentage of his deposit. The one who has a small deposit, as a rule, opens an order for his entire deposit and at the same time with a large leverage.
hero member
Activity: 2982
Merit: 610
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.

That's why I don't believe that lucky are those people who have huge amount of bankroll because they can consistently invest. Yes, they have the advantage but all those funds will just turn into losses if they don't know how to deal with a volatile investment.
hero member
Activity: 2968
Merit: 687
You dont need to buy a large amount of the coins as long as you have and hold them for a long term still there's a possible accumulation of profit, now if you think that crypto is for rich people somehow it is because crypto is open for everyone but not for all to those who will enjoy the ride of the market, of course, has the opportunity to buy and now if you don't have a budget that's the challenge to seek another source of income better so you can buy coins you've seen a potential, having a single source of income is not quite enough with the plans. Tons of people doing the DCA strategy at least so they don't worry too much with the market volatility.

Everyone knows this, but some people want to prove to others that they are equal and capable of handling the task at hand. However, you don't have to overdo things to convince people that you are strong; you can purchase and hold what you can afford, and since you want to hold for a long time, all you need to do is take your time and make the purchase whenever it suits you. You don't have to compete with anyone when it comes to making investments.

There are various ways that everyone can develop strategies for buying and holding as well as trading, and because everyone already knows what interests them, they will have no choice but to trade or hold. There are people who do both, and I don't see anything wrong with that, but you just have to apply a better way of solving your problems with either trading or holding. Enjoying the ride of the market have to be done patiently so you don't have to rush anything. Having a budget also helps and least you will know what you are spending and then what you are getting in return. I don't see why you doing all this things and you don't have a source of income it just does not make sense.

Their people that don't care either with or without income they don't care they just want to be among those that are investing in bitcoin, it's just because they have refused to get knowledge.
Actually it doesnt matter whether you do have that bigger trading budget or low ones because what matters on here is on how you would really be able to make yourself that sustain into this very unpredictable space.
There's no way that you could be able to predict on where it would be going and no matter how big your trading capital would be but having no risks management is really that applied then it would really be pointless or something that will really be useless. When dealing up with crypto investment or simply trading with it then you should really be that minding about on how you would really be able to survive.
On the time or moment that you will be stepping into this market then be sure that you would really be needing to deal up with volatility on which there's no way for you to be able to easily handling out volatility.
There would really be those times or moments that you will really be that too positive towards some positive out comes just because you do have some bigger positions on which this is really that totally contrary on such idea. We do know that having that less budget will really be having that lesser risks on losing that huge amount but of course you cant expect something big profits into it. If you are really having those targets or goals that making your trading capital make it bigger then the only way on here is to compound the profits on what that someone will really be trying out to achieve into. If you do have plans on making it big then
compound those profits until you would be able to hit up such area but of course you shouldnt really be that making yourself in a rush because this could really be able to bring out that kind of desperation
on which it might lead up on derailed plans and other correlated things that had been adjusted earlier.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
You dont need to buy a large amount of the coins as long as you have and hold them for a long term still there's a possible accumulation of profit, now if you think that crypto is for rich people somehow it is because crypto is open for everyone but not for all to those who will enjoy the ride of the market, of course, has the opportunity to buy and now if you don't have a budget that's the challenge to seek another source of income better so you can buy coins you've seen a potential, having a single source of income is not quite enough with the plans. Tons of people doing the DCA strategy at least so they don't worry too much with the market volatility.

But the good thing in this market is that you can invest even below $1k or much less. So it is up to your financial capability how you will hold some coins. Should not force yourself to invest especially if you are tight in your budget. You may end up selling it below your buying price and that for sure is not good for investments. Unlike in forex, it requires good amount of money. In crypto, you can easily trade below 100 bucks and earn something from it. Don't force yourself to invest more, because it can possibly ruin your financials. Aiming for more without sufficient funds on hand will give you more trouble than profits.
hero member
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Leading Crypto Sports Betting & Casino Platform
Well, it's undeniable that those who have huge amount of capital have more advantage than those who try to invest with limited budget. Aside that they can't maximize their purchase, their chances to last longer in the market is also slim.

However, I don't think having a low budget is actually that worst. If you can't afford those coins to buy at their high prices, then just wait when their prices dip. It only takes patience to do that, but if you are an aggressive investor, you will definitely feel the pressure when will you're able enough to buy such high-priced coins.
I won't say more advantage. We must not forget that the risk is also big if we are using a big capital. So having a small capital has its own advantage too. We shouldn't look down ourselves if we are among it. There are coins which base price will always be low no matter what is the condition of the market and we can as well buy under a whole coin, if we think it was still expensive.

So yeah, having a small capital is not a hindrance at all in trading. I don't literally mean small of course or very small, because you know, there are still trading fees and then limits that we must follow in order to trade very well.

Quote
Aside that they can't maximize their purchase, their chances to last longer in the market is also slim.
You will be surprised that big capital users is not far away from the small users most of the times. It is because if you have a big capital the amount that you will be risking is also big. This shows that to be able to last long, doesn't really depend on the capital but it is about how one is willing to take more risk in their bets.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
You dont need to buy a large amount of the coins as long as you have and hold them for a long term still there's a possible accumulation of profit, now if you think that crypto is for rich people somehow it is because crypto is open for everyone but not for all to those who will enjoy the ride of the market, of course, has the opportunity to buy and now if you don't have a budget that's the challenge to seek another source of income better so you can buy coins you've seen a potential, having a single source of income is not quite enough with the plans. Tons of people doing the DCA strategy at least so they don't worry too much with the market volatility.

Everyone knows this, but some people want to prove to others that they are equal and capable of handling the task at hand. However, you don't have to overdo things to convince people that you are strong; you can purchase and hold what you can afford, and since you want to hold for a long time, all you need to do is take your time and make the purchase whenever it suits you. You don't have to compete with anyone when it comes to making investments.

There are various ways that everyone can develop strategies for buying and holding as well as trading, and because everyone already knows what interests them, they will have no choice but to trade or hold. There are people who do both, and I don't see anything wrong with that, but you just have to apply a better way of solving your problems with either trading or holding. Enjoying the ride of the market have to be done patiently so you don't have to rush anything. Having a budget also helps and least you will know what you are spending and then what you are getting in return. I don't see why you doing all this things and you don't have a source of income it just does not make sense.

Their people that don't care either with or without income they don't care they just want to be among those that are investing in bitcoin, it's just because they have refused to get knowledge.
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