Raising money to trade encompasses how far we can save money. If we are spending a sum of $100 a day for feeding, we can always cut it short to like $70 and keep 30 every single day. We all need to cut expenses if we really plan to make money from trading through saving funds. Cutting our budget could help us raise fundsfor trading since we can make money too from there.
Being disciplined is a good way to save especially if we are ready to cut down budget so we can have funds to go into trading fully.
Topic: What ways can a trader raise money? - page 3. (Read 898 times)
If he is a trader, then he already owns enough capital for his trading activity. He can now use his skills to earn profits that he can reinvest in his trading activity. Investing in someone's monthly wages won't make much difference for a trader. Because trading already requires a good sum of money and adding a small amount from your wages monthly won't be enough to make any difference. Another common way right now is participating in airdrop farming or earning yield from DeFi apps.
It's always encourageable for people to have something doing before going into full time trading because as usual when they develop interest to start trading it could be hard for them to focus on other areas to make money since they would be aiming at maximizing profits. For newbie trading they really need skills and knowledge to start trading not necessarily mean they must start immediately and quite whatever job they had at hands rather they can couple it together and starts developing themselves gradually.
If he is a trader, then he already owns enough capital for his trading activity. He can now use his skills to earn profits that he can reinvest in his trading activity. Investing in someone's monthly wages won't make much difference for a trader. Because trading already requires a good sum of money and adding a small amount from your wages monthly won't be enough to make any difference. Another common way right now is participating in airdrop farming or earning yield from DeFi apps.
If you don't have enough money, trading is not possible. Because trading requires money. Without money, what will you invest in trading? So, first of all, you have to arrange money and then think about trading. If a person is in a job, then he is Some part of the salary can be used in trading. But before trading, you must have enough knowledge about trading. And without being proficient in trading, invest everything in it.
If want to trade and want to earn a decent amount from trading you must invest there. And if you want to do safe trading then you need to start trading with big amount. Because you must trade with coins like Bitcoin, Ethereum to stay in less misery. and they have low volatility rate so you cannot trade them with small amount and make a standard amount of profit. Bounty airdrops don't currently offer good rewards. some airdrops offer huge amounts, but even there you have to spend money. So currently you can't earn quality money completely free
Starting trading with a big amount is just a risk therefore one should take an initiation step with little amount but if someone is in will to buy Ethereum and Bitcoin then only trading is not necessary with them but you can also hold it and using a big amount for investment and holding is not a bad idea.
Airdrops can give you huge amount but for it you have to work and sometimes people are in desire to earn huge amounts and to settle their life without using their own money and wants to get free rewards but I think if you spend money for investment and Airdrops then you will become able to earn according to your used sum.
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?
If the newbie trader's father is has a Trust, well he can ask his pops for some money out of it. Afterall isn't he an heir?Another way to raise money is just to ask friends. One guy's girlfriend loaned him $10k to start trading and he was successful. He got back the money and paid back his girlfriend. I know it is borrowed money but hey, it's his girlfriend and love don't cost a thing like they would say.
It will be difficult for anyone including family and lovers to give out money in support of your trading unless you show them that you have the knowledge, market experience no matter how little and above all the return on investment that your strategy will bring.
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?
Not willing to advise them to trade let alone the option of excluding them from having to get a profitable job because trading is not always in a profitable position.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?
Because you are not always in a profitable position, trading without a fixed income that meets other needs is not a good option because trading is done to enjoy and you must be prepared to lose.
The best option is actually not trading, but long-term investment.
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?
The only way one can start up trading without having issues with capital is to have a source of income , without this it is impossible to begin trading. It is either you have a stable job or business that is generating money for you, this is how you can be able to start up. In trading you must have a personal money and you Don't need to depend on people for money. Want thing you also need to understand is that the first attempt to trade won't generate money for you that you can be using for trading and that you will also depend on to solve your problems. 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?
When it comes to fund for trading having a source of income is very important, it is what will make trading to keep going and even if trading is not going well you can always fall back to the money you have.
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?
Not willing to advise them to trade let alone the option of excluding them from having to get a profitable job because trading is not always in a profitable position.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?
Because you are not always in a profitable position, trading without a fixed income that meets other needs is not a good option because trading is done to enjoy and you must be prepared to lose.
The best option is actually not trading, but long-term investment.
If you enter into trading, you will not have money to sell the coin that you want to trade. You won't see any trading that got coins that it didn't buy. Unless you got rewards from a bounty campaign or airdrops, you just did the task needed, in that case.
And I know there are many people like that here in this forum who are able to do that without spending any money, but in the long run, they receive payment because of their participation in campaigns.
If want to trade and want to earn a decent amount from trading you must invest there. And if you want to do safe trading then you need to start trading with big amount. Because you must trade with coins like Bitcoin, Ethereum to stay in less misery. and they have low volatility rate so you cannot trade them with small amount and make a standard amount of profit. Bounty airdrops don't currently offer good rewards. some airdrops offer huge amounts, but even there you have to spend money. So currently you can't earn quality money completely free And I know there are many people like that here in this forum who are able to do that without spending any money, but in the long run, they receive payment because of their participation in campaigns.
If you enter into trading, you will not have money to sell the coin that you want to trade. You won't see any trading that got coins that it didn't buy. Unless you got rewards from a bounty campaign or airdrops, you just did the task needed, in that case.
And I know there are many people like that here in this forum who are able to do that without spending any money, but in the long run, they receive payment because of their participation in campaigns.
And I know there are many people like that here in this forum who are able to do that without spending any money, but in the long run, they receive payment because of their participation in campaigns.
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?
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?
How can you exclude the most important option which is having a job before trading and even you trade a side hustle is needed. Do you intend that such individuals such steal, commit crimes just to have funds to trade. Knowledge is the first and basic criteria no doubt but in as much as knowledge is important, you need have a source of income before trading so as to remove unnecessary pressure from yourself and avoid emotional discomfort during loses.
Rule 101; In Trading
Never borrow, try to convince strangers to use there funds to trade in anyway.
OP, if you are inclined in trading I think you would have understood this better.
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.
If you ask everyone to exclude the option of getting a job to save up money that they will be using to trade, then what next do you think that people like that should do? Do you think they will be advised to take a loan to trade, and after making profits, they will pay back their loan? Or do you want people to ask them to sell their properties just to make money to trade? I will never ask anyone to sell their properties or take out a loan to join the crypto space. It might be bitter to you, but the truth is that the best way to raise money to trade is by getting a job. 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?
No matter the knowledge you have, never take a loan from anyone just because you want to trade, it doesn’t make any sense to me, and that’s the least thing I will do or encourage anyone to do. I would rather stop trading if I don’t have money to trade than take out a loan. 
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?
I recommend continuing to look for work to earn income and then setting aside a small amount of income to invest. Because investing doesn't always require a large amount of capital, we can simply do dca every period when we have money. View trading/investing in the long term, not the short term.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?
Because after all we already understand trading and understand trading, it is not good if trading is too forced even though we don't have money. This will later have an impact on debt problems because they are too motivated to trade so everything will be done to be able to trade. So the point is, focus on looking for work, especially now that looking for work is very easy using the internet, the important thing is to have the will.
Aside money challenges. Is the trader in question knowledgeable if I may ask, Not every trader earn from trading direct because most knowledgeable traders set live streaming videos and educative videos without spending much money during the process, the only stress here is building the followers and get the knowledge on how to pass information to the public. Lastly if the trader is new and not knowledgeable with no job then it’s difficult earning so quick, hard work can help or rather being focus might help but still doesn’t guarantee quick profit.
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?
Please be kind to others and don't do this if everyone is reading here and thinking of this as an option.Don't mess around and don't bother other people that are quiet with their own lives and you'd suddenly appear on their lives and try to convince them to fund you even if you're not a good trader.
I've seen good traders that are true profitable but avoids this kind offer.
This can apply even to the people that we already know, even if we will show a proof to them and if it's true that we are good at trading, then why we will still beg money from them? We should be rich by now, right? hehe. If we are a trader, trading is already our way to raise money but it may be secondary, tertiary, and so on.... only for some.
If you have the knowledge you need to do something just to have money and ideally is to have a regular job, now that time you can now make a trader after your shift so you can make a side hustle in trading as your second job, its not the same with the first job that you will regularly have an income per cut off because in trading its all about the market and how you execute and strategies your trades to lessen the risk and gains.
~~or convince strangers to invest in them?
I do not highly recommend this because this is sometimes the root of the problems and conflicts with money and relationships. Just earn on your own so you don't experience blaming once the market crash.
Trading requires good capital. Those who do not have capital at all, can patiently work elsewhere and gather capital or start a business that can give them some capital to start trading because if a person uses all his money that was saved from a business and starts trading eventually, he destroys that money on trade he will need to start over again by looking for capital.
I always advise my friends who want to start trading to ensure that they have another source of income that provides for them because one cannot rely on his trading money for emergency funds, reserve funds, and other expenses.
It is when you have good capital you will be able to enjoy your investment in cryptocurrency, its not as if you won't enjoy investing investing with small capital but when you invest with good money you make good money also in return, not something to pressure your self about. Just do what you can afford we can not underestimate little beginnings. I always advise my friends who want to start trading to ensure that they have another source of income that provides for them because one cannot rely on his trading money for emergency funds, reserve funds, and other expenses.
I don't think trade will destroy anything it depends on how you trade some people are to greedy and that is why people that lose all there money to trading ask them very well what they did you will see that the mistake is coming from them. And they have only there self to blame for taking such risk. There people that trade without any source of income and they are doing very well. How everyone operates in crypto differs.
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?
Look even if someone here tells you how to satisfy someone to lend you money to invest in crypto even then it is not advised to put that money in trades.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?
Crypto is a very volatile source of income and if you'll invest someone's else asset into it then it'll be very risky for you because you can have loss and it'll be very difficult to answer that peeps then. So it's more advised to do some hardwork earn enough that you can afford to lose only then invest into crypto.
Trading requires good capital. Those who do not have capital at all, can patiently work elsewhere and gather capital or start a business that can give them some capital to start trading because if a person uses all his money that was saved from a business and starts trading eventually, he destroys that money on trade he will need to start over again by looking for capital.
I always advise my friends who want to start trading to ensure that they have another source of income that provides for them because one cannot rely on his trading money for emergency funds, reserve funds, and other expenses.
I always advise my friends who want to start trading to ensure that they have another source of income that provides for them because one cannot rely on his trading money for emergency funds, reserve funds, and other expenses.
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