Pages:
Author

Topic: The very worst part of an investor or trader that has a low budget. - page 5. (Read 1295 times)

legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
I know you wanted to give an example, but $1 is too little and you can only do this on decentralized exchanges and with blockchains that have very low on chain transaction fees. On all centralized exchanges, you can not make your buy or sell order with value at $1. It needs to be $5 or $10 in minimum order value.

What is the minimum amount needed to trade cryptocurrency?

When you use a small capital, you will lose more percent to trading fee.
Yeah i think we can't make order with that low of a value in spot market but we can definitely use $1 in future leveraged trade, since it's $1 anyway, we can always risk it to the fullest since getting another dollar is easy.
this means, for people with lower capital, maybe risking it more than anyone else make sense because it's just small money and if good fortune happens, we can multiply it and build our portfolio from the ground up.

this I think, a good solution for people with low capital than settling in DEX where the fee used might surpass $1 like in ETH, but like as you said, the fee will probably eat up the profit so I could understand this topic creator point about having lower capital means lower opportunity and there's always threshold anywhere that prevent us the small fry to ever make profit Grin.

but still, there's opportunity left in the market that we can leverage and take advantage of.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
Yes you are right, I have experienced this feeling many times, it happened to me more than once that I am interested in a certain coin and I have been watching it for a while and when I see a good opportunity to buy, unfortunately I do not have enough money to enter into a good deal.

So in my opinion this is one of the strategies that the trader should pay attention to, which is to keep part of the capital with him so that he can benefit from such good opportunities, but those who do not have money cannot do anything but look with regret at the opportunity that slipped from his hand.
hero member
Activity: 3010
Merit: 794
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.
We often say that money is the main reason why the poor struggle to make good investments. But I believe there are ways to generate enough capital if we truly want to. Of course, it’s a different story for the wealthy people—money flows to them more easily, allowing them to accumulate even more. But this isn’t a question; they have their wealth, which is also the result of the hard work of their parents. Maybe we are just unfortunate that our parents didn’t have the same drive.

So, let’s not use money as an excuse for not investing big. We can start small, with a minimum amount, and if we put in the effort, it can grow over time. The real issue is we are too impatient, as we want to get rich overnight.
 
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.
legendary
Activity: 3108
Merit: 1290
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.
We often say that money is the main reason why the poor struggle to make good investments. But I believe there are ways to generate enough capital if we truly want to. Of course, it’s a different story for the wealthy people—money flows to them more easily, allowing them to accumulate even more. But this isn’t a question; they have their wealth, which is also the result of the hard work of their parents. Maybe we are just unfortunate that our parents didn’t have the same drive.

So, let’s not use money as an excuse for not investing big. We can start small, with a minimum amount, and if we put in the effort, it can grow over time. The real issue is we are too impatient, as we want to get rich overnight.
 
legendary
Activity: 3052
Merit: 1168
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.
For starters, don't compare yourself to others. That doesn't help you in any way and you are just sabotaging yourself.

Sure, rich people have other problems, but what you should focus on is percentages you are making. Not the start amount. Rich people are also risking more money, so they are making more money. But if you see that as a reason you aren't making money, you probably never will. Because instead of focusing on ways to make it, you focus on reasons why you never can.

Since there are no gains without risk, and because you can't risk as much money, you need to find something else you can risk. So when people are saying it's safe to invest into something, that safe might not be for you. If you want to make lots of money with little money that is.

You might find some comfort from the fact, that doubling your investment is rather common, and if your bankroll is $10, double that and the winnings and it will grow exponentially. In fact if you use your gains for more investments, you need to double your bankroll 18 times and you already have over $2.5M. It's easier said than done, as there's a huge change you lose it, but you probably don't lose everything instantly with just one try.
hero member
Activity: 2730
Merit: 632
What do you mean? people with low budget can buy many coins because we can buy in fraction, you don't have to buy the whole coins/tokens.

Let's say the rich buy $100 per each coins, they buy 1K coins.

If you only have $100, don't worry! you can spread your $100 to 1K coins, so you buy $0.1 per each coins.

You can buy as low as you can in centralized exchange, but I think you're trying to make money as much and as fast as possible, so you think $0.1 will not make you earn much.


Nope. What this means is that — for a trader or investor with plenty of money, with the right risk management, they can play the game longer than other players (traders/investors) with a relatively low portfolio. Take for instance:

If a big time trader or investor gets on a trade, likely a long term one, they can really DCA better because they have plenty of funds to hold their position no matter how low price goes. For a small time trader, you'd have to cut your losses at some point because you won't have enough to keep it going for longer.
Really that totally depends on how you would really be handling up such scenario or condition on which as a trader then you will be able to find out on what are the possible ways or things that you could be able to make use whether you do have that bigger or low budget on which this isnt really just that a solid indication for a certain person will be able to succeed or not. There would really be those individuals who do have that less
trading capital or investment but still he/she do able to control or handle up the situation well in regarding about into his/her own portfolio. Just like the rest been saying that this isnt a race but rather this will really be that basing on how someone will be able to make trades for long term. Sustainability will really be your main priority when it comes into this aspect, If you do find yourself on a situation that you've been pissed or really that disappoint because you do have that less capital since you cant be able to make out some extra strategies then better you should have the control on stopping yourself on derailing into your initial plans.
Usually this one really happens if you do lack patience and you are already that having that greed feeling inside on which this commonly causes up with those actions on which arent supposed to be done.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
What do you mean? people with low budget can buy many coins because we can buy in fraction, you don't have to buy the whole coins/tokens.

Let's say the rich buy $100 per each coins, they buy 1K coins.

If you only have $100, don't worry! you can spread your $100 to 1K coins, so you buy $0.1 per each coins.

You can buy as low as you can in centralized exchange, but I think you're trying to make money as much and as fast as possible, so you think $0.1 will not make you earn much.


Nope. What this means is that — for a trader or investor with plenty of money, with the right risk management, they can play the game longer than other players (traders/investors) with a relatively low portfolio. Take for instance:

If a big time trader or investor gets on a trade, likely a long term one, they can really DCA better because they have plenty of funds to hold their position no matter how low price goes. For a small time trader, you'd have to cut your losses at some point because you won't have enough to keep it going for longer.
legendary
Activity: 2268
Merit: 1655
To the Moon
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.

If you have sufficient experience and skills, then you will definitely make a profit using cryptocurrency. It is possible that you will receive a small profit in this way, but it will increase, unlike those who come to this market with money, but do not have knowledge and who may eventually lose their deposit.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
~~~
So, what's the point of this thread that you created?
It looks like you're a bit jealous of those rich people out there because they have the money to buy any asset that they want to buy while you don't have the capabilities to do it because you don't have the money.

Go find a job, if possible, have a double job as long as you can do it. If you really want to have money to be used in investing, do whatever it takes in order to have it. Don't be jealous with those rich people because they've worked hard for it. Do the same if you want to be rich. Wink You're sounding like you're jealous to them and being jealous will lead you to nothing. Always take note that investing a few bucks on a monthly basis is still good compared to those who aren't investing at all. TBH, we're lucky that we have the opportunity to invest into different asset classes in the easiest way possible.

Like what I said, don't be jealous and just focus on your life. Focus on your strategy and focus on your plans.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
It is okay if you want to invest in crypto using a low budget. You can search for the coin that have a low price and diversify with other coins. But if you feels difficult to analyzes and find the coin, you can pick Bitcoin and use that for your main investment. With a low budget, we must manage and know the allocation for each coins so we can diversify our investment with various coins. That will be different with those who have a lot of money because they can use their money and invest in many coins. We have the same opportunity like them so we must use that chance to find the right coins. With a limit budget, we can expect to make a profit later.
sr. member
Activity: 602
Merit: 387
Rollbit is for you. Take $RLB token!
any crypto has decimals, you can always buy them even with $1
I know you wanted to give an example, but $1 is too little and you can only do this on decentralized exchanges and with blockchains that have very low on chain transaction fees. On all centralized exchanges, you can not make your buy or sell order with value at $1. It needs to be $5 or $10 in minimum order value.

What is the minimum amount needed to trade cryptocurrency?

When you use a small capital, you will lose more percent to trading fee.

Quote
if you want more, you can always leverage
Leverage is gambling, by using leverage, you are moving beyond trading, and heading toward gambling. I warn people to avoid leverages for their trades if they want to defend their trading capital.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
any crypto has decimals, you can always buy them even with $1, if you want more, you can always leverage, I think there's absolutely nothing holding you back from investing in crypto.
the thing that most people lack that caused them to just stay sidelined is their fear and their impatience, I've seen great deal of people actually making decent profit starting out from next to nothing, you can always scrap for rewards offered from exchanges that gives free future balance to try and start from there, sometime they just give out USDT too that you can take advantage of.

I think the only thing holding you back is your will. if you don't have the will to actually realize your dream it won't ever happen.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
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.
Most of us invest money in Bitcoin and other cryptocurrencies to get richer. The rich can invest too but their jobs are easier than the poor.

However, fortunately, we can invest with time, and there is a good investment strategy for everyone including the poor, Dollar Cost Averaging. You can apply DCA strategy and invest your money gradually with time. If you have jobs, have salary and have believe in Bitcoin and this market, you can DCA with time.

With this strategy, you don't need to have $10,000 to invest at only one round of investment.

You can DCA with $100 each month, after 8 years, total investment capital is $9,700. If you DCA with $200 each month, after 4 years, you will invest the same capital.
https://dcabtc.com?sd=2016-09-29&sda=8_years&f=monthly&d=8_years&ac=10000&c=false
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
There’s a rule in investing that's similar to gambling............invest only what you can afford to lose.

So if you don't have a budget, it's simple......you can't invest. However, if you're really interested in investing, find a way to raise capital for it. Nothing is too hard if you're determined because you'll find a way to make it happen. Just don't force things; avoid borrowing money. Take it slow but be consistent, and eventually, you'll be able to save up. The market is there every day, and there will always be opportunities to invest.

What you see as a great investment today doesn’t guarantee profit in the long run, so stay calm, and you'll learn how to manage investment risks effectively.
hero member
Activity: 868
Merit: 952
How about when the coin you wanted to invest in reduces and is falling? You will be happy that you did not have the money to invest in it.

Being broke can save you from some kind of losses that you may face from wrongfully investing. The rich are not shielded from this because, although they have the advantage to invest in any coin they feel will do well and stand to profit, they are also in danger of losing money easily.

One thing I find amusing with people like OP and their narrative is that they only think about the positives coming from this investments and not the negatives. The rich who invest in this coins are also trading on risk should this coins dump it would have been a different story not this high praises. If you’re not that rich to invest in coin the advise is to actually invest in other things or offer the services to earn money to invest, sadly you can’t have an equal world.

The thing is investing is always a thing for one who has money, sadly a struggle person financially cannot invest which is not associated with cryptocurrency alone but also to all other investments in fact Cryptocurrency paves a way to easier by allowing to buy its fractions not like other investments which requires large amount to start off
legendary
Activity: 1456
Merit: 1108
Use chips.gg
...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.
How about when the coin you wanted to invest in reduces and is falling? You will be happy that you did not have the money to invest in it.

Being broke can save you from some kind of losses that you may face from wrongfully investing. The rich are not shielded from this because, although they have the advantage to invest in any coin they feel will do well and stand to profit, they are also in danger of losing money easily.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
From what I understand, you are speaking of an investor who doesn't have money or enough money to invest into their desired crypto, just for example, I actually expect to buy a lot more fraction of Bitcoin before the price will get to $100k+, so if eventually the price spikes to that price when I have not yet bought enough of it, it can actually make me feel bad. The problem there is not that I had a low budget for it, but rather I never had enough capital to invest in it. According to your title, I don't think low budget is the problem here, the problem is the lack of finance.
sr. member
Activity: 182
Merit: 120
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.
Right point op, the only difference here you don’t have to wait till you’ve gotten much before investing. I’m referring to much as something huge as people think meanwhile you can use the little available except there’s no little. Crypto investing in general has to do with market movement and price tracking for traders, traders also start with little and as time goes on they find something meaningful but, despite the low income situation we don’t have to rely on our investment or trade because it’s a growing investment that still needs time regardless the price, all what we need is patient besides if you’re dealing with the right coin profit is guarantee.
hero member
Activity: 3108
Merit: 577
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.
And that's the first problem that people on the same situation has to find answer. Having some budget issues is hard but you have to do something for it so that you'll be able to solve that very first answer. Most of the investors and traders came from zero, from nothing and they have made their way to the situation that they have not because they're rich already but they know how to do it. It's either by luck, chance or grit. They never stopped reaching that until they're able to make it and can invest or trade anytime they want because they have the capital.

So, to those that are having problems with capital. You need to find a source first, use that problem as your encouragement to do better and thrive. There is no one going to stop you from pursuing your dreams or even by starting in the crypto market or any market you want to start with by having little to no capital. So, find a job, do some hustle, be employed and those other sources that are legal for you to start.
hero member
Activity: 994
Merit: 701
I don’t think so and if you think like that then no one will be complaining on one thing or the other. The problem with having money is that you’ll set an higher limit for yourself to achieve and if you’re unable to achieve that, it becomes a troubling issue for you. Those on low budget may be seeing that those on higher budget than them are living a more comfortable life and will be able to invest anytime they wish but that’s not how it works. Even those on higher budget, miss out on some investment in some coins they wish to invest in because of the many problems on them to handle that can’t be able to allow them invest in some projects they wish to. If you’re lucky and get to invest no matter how little, you should be happy because some have more money and can’t even get to invest.
Pages:
Jump to: