Topic: What ways can a trader raise money? (Read 898 times)
Well as for me trading is not a permanent job so even though you have enough money or income you can still trade. Trading is like game that one can have fun With. Gambling and trading have some similarities too. Those who have source of income trade with fun and not to get income or gain income again. And those who have no enough money ah e no income are the traders who are there to look for money through the trading. And one thing I know, those who don't have money to start trading, always learn from the demo account while those who have money learn just small from the demo account and went straight to the live or real account and deposit and start trading.
If they don't have a source of income to trade, then I would emphasize finding a job first.
How will you be able to trade when you don’t have money? It’s not possible. If you want to be a trader, then get yourself a job and save money. 
Because, it is impossible and highly discouraged when you don't have money to trade, then take out a loan to be able to trade. This is a reckless and high-risk action. You're right, it's better to work first, from various sources and good methods:
- earn money
- Then, learn things related to trading
- Set your emotions
If they don't have a source of income to trade, then I would emphasize finding a job first.
How will you be able to trade when you don’t have money? It’s not possible. If you want to be a trader, then get yourself a job and save money. After accumulating some reasonable amount of money, you can decide to start trading with the money. Some people always have the wrong orientation about cryptocurrency, they think it’s a place where you can just make free money, but things are not like that. If you want to be a trader, you have to first acquire knowledge about trading, then deposit a small amount of money and practice with it. With time, you can increase your money and enjoy your trading. 
Isn't trading itself is a good way of raising your money itself? I mean that is the whole point of it. If you have no source of income and hope that trading would be one and have no capital that is not the way to go. You need to have at least a bit of capital to do it, plus if you really want to turn this into a job, you can't keep taking money out of your capital to live, and if you have no other source of income then you are going to take money out constantly non-stop, that is not a good way at all.
I think it's clear that you should be considering a job before you start trading, or have a big enough capital where you can take money out and not be a problem, those are the only two options that you have when starting trading.
I think it's clear that you should be considering a job before you start trading, or have a big enough capital where you can take money out and not be a problem, those are the only two options that you have when starting trading.
If they don't have a source of income to trade, then I would emphasize finding a job first. We know that trading is not just about being brave, but trading is a risky method for people who don't have a source of income. Even more so if they are new to this. It's a good idea for them to look for work while saving, then they can also learn about trading and what's involved in it. If they insist on trading, it seems like they are forcing the situation, and that is quite dangerous.
Money is a special need for trading. We can use several opportunities to make money in cryptocurrency. One of them is that we can participate in a Bounty Campaign or airdrop. In this way we can collect money that can be used for trading. Use the time available to learn first how to trade, so that when we have money we can trade well and always make a profit. 
If they don't have a source of income to trade, then I would emphasize finding a job first. We know that trading is not just about being brave, but trading is a risky method for people who don't have a source of income. Even more so if they are new to this. It's a good idea for them to look for work while saving, then they can also learn about trading and what's involved in it. If they insist on trading, it seems like they are forcing the situation, and that is quite dangerous.
I always think of trading as a side job, so there's requirement before delving into it such as having income first, when trading isn't a guarantee that you get profit instead the opposite things could happen which is we on the losing side losing capital instead of making profit it become obvious that we need to find another rest assuring source of income first.no need to be so fixated on the fact that we might make profit from trade, there's no guarantee, but with stable source of income, we can peacefully delve into the trading world without worrying we gonna end up homeless just because we spent all the money for trading, on the losing side and have no other income to pay the bills.
be settled first then later on you can venture into creating another source of income that is trading.
if someone is still contemplating about losing their capital in trading that make them hesitant enough to hold off from trading i think they better off find a good capital first.
If they don't have a source of income to trade, then I would emphasize finding a job first. We know that trading is not just about being brave, but trading is a risky method for people who don't have a source of income. Even more so if they are new to this. It's a good idea for them to look for work while saving, then they can also learn about trading and what's involved in it. If they insist on trading, it seems like they are forcing the situation, and that is quite dangerous.
[...]
People don't want a heart surgery from a medical student don't we. It's the same in trading, people don't want to put their money on beginning traders.
This could certainly work (but of course requires a lot of work and effort): People don't want a heart surgery from a medical student don't we. It's the same in trading, people don't want to put their money on beginning traders.
You could pull up a streaming channel that aims to do just that ... to look over the shoulder of a newcomer on the (hard) road to learning trading and experience all the highs and lows on the channel. If you then couple the whole thing with tips and tricks, learning material and trading information in general, I can very well imagine that it would work.
Setting up such a channel and attracting followers is of course a lot of work and should not be underestimated, but the concept itself could definitely work.
For anyone interested in making trade, they shouldn't have the mindset of making money or raising their capital from the first trade.
This is common sense. If you are starting and just learning, how can you expect yourself to make a lot of money and more ask people for more capital. You don't even have a verified track record or even the experience yet the you are capable o making money in the market place. That's why in the beginning of your career as a trader, you just need the resilience and experience to be on the market every single day learning from it. After months of profitability, you may then now create account for verification and then be concerned of finding people to invest in you.
People don't want a heart surgery from a medical student don't we. It's the same in trading, people don't want to put their money on beginning traders.
There are two types of people who learn trading, there are those who already have a source of income and are looking for way to multiple it so they choose trading as an option for them, while their others without any source of income but just learning to trade for the sake of knowledge and hoping that one day they will be able to make enough capital to invest into trading.
How would you advise a newbie trader without any source of income to gather together money that they can use in trading?
Exclude this options that they have to get a job and save up money because if it was so easy to get a good paying job, some of them may not even be trading.
What will you advise, would you advise them that at a level when they are sure of their knowledge should try to convince other people they know to give them some money as investment or convince strangers to invest in them?
Before trading, a trader must first collect capital. The trader has to figure out how he adds this money. Trading is not a income scheme but there are ways to be profitable if you invest by observing various things. Initially, the trader must collect money from some source and then invest. It can be either way. Some collect money from their jobs at the initial stage and some collect money by borrowing, but before investing, a trader must consider the proper trading issues, especially the risk related issues in investment. You can start with a small amount of money and increase your investment by gaining knowledge from it. Since this business is risky, I would not advise anyone to invest without proper knowledge. I will not take money from them and promise for making profit. How would you advise a newbie trader without any source of income to gather together money that they can use in trading?
Exclude this options that they have to get a job and save up money because if it was so easy to get a good paying job, some of them may not even be trading.
What will you advise, would you advise them that at a level when they are sure of their knowledge should try to convince other people they know to give them some money as investment or convince strangers to invest in them?
For anyone interested in making trade, they shouldn't have the mindset of making money or raising their capital from the first trade they are going to perform
A trader without any other source of income will be so interested in making immediate profits from his trades. This is not good for effective trading as there are all possibilities that the trader will attach so much emotions to his trades or even withdraw his capital prematurely when things eventually get tough. What else will he be using to take care of his daily needs? A trader without capital and a source of income has no business thinking about actual trading for now. Get a job and while at it, keep learning until you are financially ready to trade. No one should fall for this advice "start small". You need a good amount of capital, just incase you lose, you would still have what to fall back to.
It is not easy to become a reliable trader, they definitely go through a process that is not easy, this choice all depends on each person's style which they prefer in investing to get optimal profits. Of course, I personally prefer a long term for investing. For Op, if they are not sure about their knowledge about trading, they are advised not to play there, let alone ask someone you know to give them some of the money you have to play there. Even if someone you know is good at trading, the possibility of being lost is very high, think again. No matter how skilled a trader is, they cannot control the market, even though they are equipped with the knowledge or indicator techniques they use in trading.
I agree with your opinion, everyone predicts but not necessarily they can control market prices, because market prices keep changing in an instant, if you are confident in trading it means you are ready to accept all the risks, both profit and loss because every time you take action Of course we have to be prepared for the future risks that we have to accept too, trading is not as easy as what we think, but if you have started trading, the most important thing is to be consistent in carrying it out, don't take action rashly which will make yourself the worse make a loss. 
5% or 10% of weekly income for DCA, to invest, and go with investment long term is good and can say better than trading.
Even for a month, that's already a good percentage that you're getting from your income. I also agree that if you're going for the long term, it's best to choose this than of trading. But if OP is an aspiring trader and he wants to do it, he's free to choose where he thinks he's excel.
For anyone interested in making trade, they shouldn't have the mindset of making money or raising their capital from the first trade they are going to perform, things aren't done in such a way, before we go into trading, we need to source for capital which we are going to use for our trades, then also know that while making trades as well, we must make use of the pairs we are familiar with their performance.
The entrance to. The crypto trading business is not just buying bitcoin or crypto; that's okay. The lesson is needed here, or learn the things to be learned. It's not easy to understand right away, honestly speaking.
It really takes dedication and perseverance; you must be determined and have passion above all else. Because if you don't have them, you're unlikely to succeed here.
For anyone interested in making trade, they shouldn't have the mindset of making money or raising their capital from the first trade they are going to perform, things aren't done in such a way, before we go into trading, we need to source for capital which we are going to use for our trades, then also know that while making trades as well, we must make use of the pairs we are familiar with their performance.
We have to know ourselves as deeply as possible, so that we can see what potential we have more, trading or investing. Even though we can do both simultaneously, there is definitely one of the two options that we can master better, whether trading or investing.
When we know that our potential in trading is very good, then we must be able to maximize it while we invest. And conversely, if we feel lacking in trading, we can maximize our investment while learning about trading.
As long as we want to learn, there is nothing impossible to do, we just need to work harder to get it. Everyone's abilities are different, and that doesn't mean that it closes the opportunity for us to develop, once again we just need to work hard for it.
I do not think that we have to "master" investing, all we have to do is just put money in and forget that it exists until we have enough to retire or there is an emergency situation. Trading is the thing that we need to master on, because that does require a lot more, while investing is simply holding, trading is both buying and selling at the same time and doing quick moves to make some money.When we know that our potential in trading is very good, then we must be able to maximize it while we invest. And conversely, if we feel lacking in trading, we can maximize our investment while learning about trading.
As long as we want to learn, there is nothing impossible to do, we just need to work harder to get it. Everyone's abilities are different, and that doesn't mean that it closes the opportunity for us to develop, once again we just need to work hard for it.
Usually nothing simple, so it takes people time to do something better with it, we should consider how to get better with time. I believe that the best thing to do in this case would be just making sure that we deal with a greater result, and most of the time mastering trading is an ongoing thing, you don't master it and be great, you keep mastering it forever.
The point we want to convey by saying that we have to master the knowledge of investment is that we have to understand these things. Maybe for us, we can't swallow what is conveyed here, but for those who are beginners, they can just swallow it raw and that applies to all types of coins.
To be able to make a profit from trading is not easy, you need to know how to analyze the market well in order to make the right decisions from the trades you make so that you can make a profit from the trade. If we can choose the right type of coin, of course we won't panic. because we have analyzed it well before buying it and I think it would be better for us to choose a type of coin that has been on the market for a long time and has potential profits after we buy it.
A trader must have the ability to read the market chart and have the ability to analyze the market to make an accurate trade because one wrong trade can drop your money due to which you can make a decision to stop trading. Choosing the right coin also has impacts on your profit but most of the people choose the right coins but don't know about buying and selling price because they don't have planned for it so they can also not earn through trading.
If we don't know how to choose a coin then choose the top one as there is lots of evidence about the success but we are not familiar with the nature of new coins. Sometimes our loss is not because of the market fluctuations but the main cause is faults made by us.
We have to know ourselves as deeply as possible, so that we can see what potential we have more, trading or investing. Even though we can do both simultaneously, there is definitely one of the two options that we can master better, whether trading or investing.
When we know that our potential in trading is very good, then we must be able to maximize it while we invest. And conversely, if we feel lacking in trading, we can maximize our investment while learning about trading.
As long as we want to learn, there is nothing impossible to do, we just need to work harder to get it. Everyone's abilities are different, and that doesn't mean that it closes the opportunity for us to develop, once again we just need to work hard for it.
I do not think that we have to "master" investing, all we have to do is just put money in and forget that it exists until we have enough to retire or there is an emergency situation. Trading is the thing that we need to master on, because that does require a lot more, while investing is simply holding, trading is both buying and selling at the same time and doing quick moves to make some money.When we know that our potential in trading is very good, then we must be able to maximize it while we invest. And conversely, if we feel lacking in trading, we can maximize our investment while learning about trading.
As long as we want to learn, there is nothing impossible to do, we just need to work harder to get it. Everyone's abilities are different, and that doesn't mean that it closes the opportunity for us to develop, once again we just need to work hard for it.
Usually nothing simple, so it takes people time to do something better with it, we should consider how to get better with time. I believe that the best thing to do in this case would be just making sure that we deal with a greater result, and most of the time mastering trading is an ongoing thing, you don't master it and be great, you keep mastering it forever.
It's not easy as people see traders collecting money, they have a lot of experience and risks they face when starting trading. Things that traders need to pay attention to are following each price movement chart and finding out which altcoin is more likely to make a profit and don't panic when the coins you buy go down, be careful with new altcoins, the possibility of ups and dumps in the near future, avoid being hasty. .
To be able to make a profit from trading is not easy, you need to know how to analyze the market well in order to make the right decisions from the trades you make so that you can make a profit from the trade. If we can choose the right type of coin, of course we won't panic. because we have analyzed it well before buying it and I think it would be better for us to choose a type of coin that has been on the market for a long time and has potential profits after we buy it. Yes, it is a matter of choice and our interest, especially if we know ourselves that we can do it right. Whether it is investing or trading, both ways are profitable but when it talks about high risk, trading is on top among the two. But as we can see, some people have skills in trading and are successful, some also are good at investing but not good at trading. As an individual, we choice the field where we think we are good at because we can't be afraid of spending money if we know there is a big chance of success.
We have to know ourselves as deeply as possible, so that we can see what potential we have more, trading or investing. Even though we can do both simultaneously, there is definitely one of the two options that we can master better, whether trading or investing.When we know that our potential in trading is very good, then we must be able to maximize it while we invest. And conversely, if we feel lacking in trading, we can maximize our investment while learning about trading.
As long as we want to learn, there is nothing impossible to do, we just need to work harder to get it. Everyone's abilities are different, and that doesn't mean that it closes the opportunity for us to develop, once again we just need to work hard for it.
Jump to: