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Topic: Trade up capital: $200 (Read 709 times)

full member
Activity: 1064
Merit: 100
Combo Network
April 11, 2023, 02:15:03 PM
#97
capital of $ 200 for you to trade on the spot market, in my opinion it is a little,
because in the spot market a 10% increase is very good if you are lucky you can even reach 1000%,
but remember it won't come every day.
but if you want to try trading in futures and you can master it then you will get daily profit with certainty.
jr. member
Activity: 35
Merit: 4
April 11, 2023, 10:00:34 AM
#96
It all depends on your knowledge of trading. When trading in the US stock market, big gains can be made from buying $200 worth of options contracts, but just as quickly as you gain, you could lose without proper knowledge and strategy.

I suggest learning all that you can before trading any money, having proper stops in place and not trying to swing for homeruns on every trade. Slow and steady wins the race.

Read up on compound interest, small gains quickly add up over time.

I will say that losing your wife's money can quickly lead to relationship issues. Finances are a quick way to cause problems in a relationship, especialy if she feels like you "gambled" away her hard earned money. It may be smarter to wait until you can trade with your own money. Psychologically I feel that you knowing you owe her $200 may lead to you trading from a place of anxiety and stress, two things that does not help you when trading.

Mindset may be the most important factor when trading for a living.
sr. member
Activity: 1386
Merit: 451
April 11, 2023, 08:47:08 AM
#95
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
Your point is that you took $200 from your wife. That was a conversation between you and your wife. But your mother-in-law takes it differently. Here I want to tell you what you are already experienced about trading. If you are already experienced about trading then you can earn from trading. And you can honorably return your wife's money. Also if you are not skilled in trading then you can invest the money given by your wife. In this you will be in less risk as compared to trading.
full member
Activity: 1121
Merit: 100
April 11, 2023, 07:41:26 AM
#94
First of all I borrow 450$ from my wife to invest in crypto world and I invest. If I get profit, I will give few extra profit money to my wife.
If your mother in law doubt you, then you will give 50% money to your wife. Or you will wait, when the market is up, you sell your coin and give 50% Money to your wife.
legendary
Activity: 2898
Merit: 1823
April 11, 2023, 07:29:49 AM
#93
With such a small deposit you can't expect much.  After how many days do you want to return the money to your wife?

That's a good enough amount to start trading, but the OP's mistake here is that he thinks trading is an easy way to make money and will pay back his wife when he makes a profit. It can be said that this is the mistake that most beginners make because even top traders have no guarantee that they will always make a profit when trading.

By the way, I want to tell OP that taking your wife's money is not good, if you want to participate in the market, make your own money and invest in it. Cryptocurrency investing or trading is very risky, so invest only the amount you can lose. If you invest without knowledge, you are gambling, and that will only make you lose.


Even $100 would be sufficient on my part when i would be still a noob or having that zero knowledge on trading on which it would really be just sufficient because its not on how big the capital you do have but rather its the sustenance that you would be making on prolonging yourself into something which we know that it wont really be that simple specially on dealing with this unpredictable market.

It is really that on wrong perception that the bigger the capital the bigger money you would have or speaking about profits which is really wrong. The target that we should really be thriving for is on how you do able to make your capital way more bigger and lessening up the losses or errors you do make.


I believe we as plebs should go for bigger, and try to make life-changing money, while Bitcoin's market is still inefficient. Because the current market conditions of high volatility and high demand might not continue going on forever. I'm not suggesting that you steal your wife's money, but do try to get more capital and purchase as much Bitcoin as you can, and HODL.
sr. member
Activity: 2226
Merit: 347
April 10, 2023, 07:11:34 PM
#92
With such a small deposit you can't expect much.  After how many days do you want to return the money to your wife?

That's a good enough amount to start trading, but the OP's mistake here is that he thinks trading is an easy way to make money and will pay back his wife when he makes a profit. It can be said that this is the mistake that most beginners make because even top traders have no guarantee that they will always make a profit when trading.

By the way, I want to tell OP that taking your wife's money is not good, if you want to participate in the market, make your own money and invest in it. Cryptocurrency investing or trading is very risky, so invest only the amount you can lose. If you invest without knowledge, you are gambling, and that will only make you lose.
Even $100 would be sufficient on my part when i would be still a noob or having that zero knowledge on trading on which it would really be just sufficient because its not on how big the capital you do have but
rather its the sustenance that you would be making on prolonging yourself into something which we know that it wont really be that simple specially on dealing with this unpredictable market.
It is really that on wrong perception that the bigger the capital the bigger money you would have or speaking about profits which is really wrong. The target that we should
really be thriving for is on how you do able to make your capital way more bigger and lessening up the losses or errors you do make.
legendary
Activity: 2898
Merit: 1823
April 10, 2023, 10:57:48 AM
#91

I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?


Did you really do that? Hahaha.

Quote

My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money.


Hahahaha.

Quote

So what do I do now that the money is legal in my hand?


My serious answer is, you should return your wife's money, get a job a second job and get another source of income, then save as much of the monthly salary as you can for buying and HODLing Bitcoin.

But if you don't want to return your wife's money, and you don't have a job, my less serious answer is gamble in a shitcoin, and pray you can get 100x, then use the profit to buy and HODL Bitcoin.
full member
Activity: 854
Merit: 100
The OGz Club
April 09, 2023, 04:23:38 PM
#90
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
To be honest I've been trading crypto since 2017 and the result is I really don't get anything trading, I tried futures and always lose,
I lost up to $1000, and once I regretted it and never traded, my advice is $200 you just use it to invest.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
April 09, 2023, 11:19:59 AM
#89
With such a small deposit you can't expect much.  After how many days do you want to return the money to your wife?

That's a good enough amount to start trading, but the OP's mistake here is that he thinks trading is an easy way to make money and will pay back his wife when he makes a profit. It can be said that this is the mistake that most beginners make because even top traders have no guarantee that they will always make a profit when trading.

By the way, I want to tell OP that taking your wife's money is not good, if you want to participate in the market, make your own money and invest in it. Cryptocurrency investing or trading is very risky, so invest only the amount you can lose. If you invest without knowledge, you are gambling, and that will only make you lose.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
April 09, 2023, 11:16:51 AM
#88
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?

My friend, I suggest you to learn about trading first. People like you blindly put their money in trading and follow strategies given by social media influencers. Trading is not a get rich quick scheme. It is as risky as hell. If you put your wife's money into it without proper knowledge, you've put that money on fire. Chances are you'll lose most of the money. What story will you tell your wife if unfortunately you lose everything?

I'm not discouraging you, but trust me, my friend, trading requires analytical skills, mastery over emotions, and understanding of markets. Without those skills, you won't be able to trade well.
legendary
Activity: 2576
Merit: 1875
Leading Crypto Sports Betting & Casino Platform
April 09, 2023, 10:45:57 AM
#87
Taking a loan is not wrong but putting into the situation of being a newbie and having no trading experience yet, we already know the possible end. I believe that OP has the gut to trade but yes, thinking profit shouldn't be on the top of his mind as a beginner but rather help himself to learn first using a demo account than using the borrowed money to lose them all in order to gain experience.
Seriously I don't really encourage people to take loan because they want to trade or they want to invest in cryptocurrency. Incase if anybody is planning to take loan then the person should have another source of income where he can be able to get money to pay back the loan incase if anything happens. Also if you are planning to invest, then you should only invest in bitcoin alone, and you should be ready to hold for long term, so the loan terms and conditions have to be very friendly.

Many people had come up with a decision to trade because of seeing on social media that many people got a huge profit. I'm not going to tell it was a lie because some did it well. But then, we can't assure ourselves to be like them as well knowing that it depends on us - our strategies and decision-making.
I think most people are deceived by what they see on social media most expecially on YouTube, most of the videos they see on YouTube is always showing when the trader is in profit, they will never show when they are losing, that's what is make most newbies believe they can't lose money in trading, since whenever they watch videos on YouTube, they are always seeing people winning.
Well, I really Pay attention sometimes to the influencers that are on Youtuber but the truth is very difficult to believe all the fantasies they talk About, that they are very consistent that they always have profits and that they never lose, that they are the best that each transaction they make makes them earn a lot of money, and all of that is a vulgar lie, that is not true, and the truth is that what they do is deceive people, some ask them for money to enter their VIP groups where they still lose a lot of money, That is something that cannot be Avoided, if it were really that way the market would collapse.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
March 28, 2023, 07:35:28 AM
#86
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
the most stupid thing you did in life is stealing Wife's money though you already confesses yet? this is still a not so good act knowing that you will enter the  riskiest part of investing and that is to trade in crypto.
though 200$ is already decent for newbie trader? but the thing here is that the assurance of earning is depend on your  skills and capacity to understand the market movement so Goodluck to you.and hope that wife's mother will not interfere here.
full member
Activity: 882
Merit: 100
March 28, 2023, 07:26:39 AM
#85
With such a small deposit you can't expect much.  After how many days do you want to return the money to your wife?Because if you expect to return the money to your wife after a short period of time, then you are thinking wrong.  In trading, there is no guarantee of making short term investment profits.Of course you have to decide to invest for the long term.  You should invest the amount of money you can afford to lose in trading.Borrowing and investing in cryptocurrency is unwise because you should have a stable source of income that can be sustained.  You should have analyzed this better.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
March 28, 2023, 02:23:19 AM
#84
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
This seems to be one of the funniest posts I've seen. Smiley Of course, if everything written is the true truth, and not OP's funny invention.

It's amazing that your wife didn't kill you when she found out about the $200 theft. Cheesy But I assure you that this will definitely happen if the wife's mother, who suspects the culprit, finds out about this. Cheesy

What to do? If the crime has already been committed and you frankly admitted what you did, and your wife didn't take them away, then start trading as you originally wanted. Stop asking the community for permission - just do it if you're ready. But remember that this is only under your responsibility and only you are responsible for any consequences.
The issue is that the OP does not seem to be ready at all, taking into account that he just stole the money of his wife to trade I would guess he is an impulsive individual, and being impulsive when trading with cryptocurrencies can lead you to make massive mistakes.

So if anything he should wait and begin to learn as much as he can, otherwise if he begins to trade right now it would not surprise me if he thought that trading using a huge leverage and without a stop loss was a good idea, and then he lost all his capital as soon as there was a downward correction in the market.
hero member
Activity: 2968
Merit: 687
March 27, 2023, 05:25:08 PM
#83
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
Even with lesser would be that sufficient because you could really make out learnings out of those amounts.Just make use of the possible lowest amount position on every trade you would made.
This capital wont really be that a bad amount considering that you are just starting on.

Try to learn up things and try to sustain yourself as much as possible because if you could be able to make that capital big then for sure you would be able to handle out when you do have
bigger capital.

The only thing on where people do commit out mistakes is on the time that they do hurry up things and not really that patient in regarding with their investments.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
March 27, 2023, 05:24:31 PM
#82
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
You are a very funny man, but anyways, that's very good I believe, it's always good to make people smile ☺ in our own little ways.

On a more serious note now, from my personal experience as a trader, $200 isnt large enough to keep trading with in the long run, but I think it's a good enough amount to begin trading with , most especially if you are a newbie trader who is yet to fully understand the rudiments of trading.

So $200 is good to start with, and as you get better, increase this amount, I believe you understand that, the more capital in you invest in trading, the more profit you are likely to make.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
March 27, 2023, 04:57:50 PM
#81
So what do I do now that the money is legal in my hand?
You now have permission right? So try to trade well and return the money when you make a profit. I think that's the best way for your wife not to lose faith in you even if you mean well to make her happy.

Keep in mind that trading is a high risk activity and you need to be very careful with it. You should avoid mistakes as best you can and don't expect to get rich overnight.
full member
Activity: 546
Merit: 148
March 27, 2023, 04:49:13 PM
#80
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?

To begin with, anything you want to do in crypto, you must know that you going into risk, you should invest with money you can afford to lose, don't put money that will hurt your feelings later run. You are using your wife money meaning that you are borrowing the money in anticipation to return back the money, and you know women are very dramatic when it comes to issue of money. My advice is this, if know very well that it will cause problem if at the end of the day you loss or didn't meet up your target and it will cause problem to your family, stop it right now.
hero member
Activity: 1498
Merit: 711
"Play Poker on Telegram"
March 27, 2023, 02:04:42 PM
#79
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
My possible advice to you is that, you have to know how to trade very well before you can as well use your wife money for Trading, because trading is full of advantages and disadvantage, I believe that trading have do with experience and you have to understand the concept before enrolling into Trading,  many people who borrowed money to go into Trading  came out with lost, so it's better knowing trading very well before you can obtain a positive return during the time of Trading, the aspect of taking your wife's money, its bad to took your wife money unaware, sometimes such kind of money don't yield positively or propagate when use for trading.
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
March 27, 2023, 12:56:05 PM
#78
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
This seems to be one of the funniest posts I've seen. Smiley Of course, if everything written is the true truth, and not OP's funny invention.

It's amazing that your wife didn't kill you when she found out about the $200 theft. Cheesy But I assure you that this will definitely happen if the wife's mother, who suspects the culprit, finds out about this. Cheesy

What to do? If the crime has already been committed and you frankly admitted what you did, and your wife didn't take them away, then start trading as you originally wanted. Stop asking the community for permission - just do it if you're ready. But remember that this is only under your responsibility and only you are responsible for any consequences.
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