Topic: What ways can a trader raise money? - page 5. (Read 898 times)

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.

Advice? Don't trade. That's the best advice that I can give to a newbie.
Always take note that the market doesn't care about you. It doesn't care if you lose millions of dollars, or if you lose money that you saved for 10 years.

The market is very brutal especially for newbie. A newbie trader that has it's own money has a high chance to lose his money because he doesn't know everything. It will be hard for the newbie to make money in trading knowing that he's still a newbie. Instead of him earning money, he might be earning disappointment and regret. No source of income? That's ridiculous. Where will that newbie get that money lol? Begging might be an option, but at the end of the day, that newbie will not make money in trading.

Trading without your own capital is almost impossible unless you're an expert trader and you can convince other people to give you money and you will trade those money for them (which currently is not advisable as well). Newbie trader? No source of income? He want's to trade? It's a recipe for disaster, and I would suggest to stay away from trading, and find a source of income first.

It's really impossible to trade without capital, especially for newbies and to young people who doesn't have a job. It's also not good that they would ask for money to others or encourage them to invest in you and you'll do the trading. I would really advise to save up some money in doing some kind of work (I know you said this is excluded but it's impossible to trade without capital) and not because they are working and has a good paying job doesn't mean that they will not trade.

Most of the people who have good source of income still invest and trade cryptocurrency not only to multiple their money or have extra income but also as a form of investment too.

It is difficult to suggests someone who does not have any source of income to start trading. They must have a source of income so they can allocates some money to learn trading and start trading. That situation was possible in a few years ago when someone could still gets the coins from faucets and then used it to trade.
But they can gets capital through airdrop programs which can allows them to get tokens or coins and send them to the exchanges. They can sells their tokens or coins and then traded. But we know that not all airdrops can provide decent results.
I would advise them to use a demo trading account to learns how to trade until they really understand. Maybe I'll lend them as much money as I can afford to see how serious they are about learning the trade.
But they must be able to have a source of income first so that they don't needs to borrows money from other people and can also meets their daily needs.

Without knowledge and other sources of income, trading will be the worst risk to carry because you must lose, no doubt. So how did you expect him to save up some money and dive into trading? He is still a newbie in trading, which is similar to his critical time in trading. Without a strong source of income, if you go into trading, you will end up losing all the money that you have gathered, so going into trading must not be for someone who has no source of income.
 
If not, he or she will be completely bankrupt, which will definitely confuse him, and from there, the interest will reduce due to the loss of funds. So, whenever you give advice to someone about trading, you should always make sure that you are open and telling him the true facts. Don't try to persuade him in any way, it might be very dangerous to him in the trading space.

Those that have the resources before going into learning to acquire trading knowledge, I think it will be very easy for such traders to grow higher in the community, because they can use huge amount of capital to purchase coins from the market and hold for the bullish season to appear before they can trade to make a passive income from the trading. Newbies can achieve their goal in trading, if they can exercise patience to acquire the knowledge of trading before looking for what to do around their environment to start saving some money that will make them to be part of another bearish season that will make them to use the money to purchase profitable coins, that will bring good results from their trading in the future. I don't think, strangers will invest through newbies, because people have experienced a lot of losses from newbies which will be the reason people will not invest through newbies, but if the newbies can endure, they will definitely generate capital to trade.

A trader who is going to start a business in a new state and has no source of income or no capital I would suggest that first he should get enough knowledge about the business and secondly he should find a source of income. Because a person who has no capital or no source of income is completely dependent on trading, but he may face a lot of financial problems, that's why he needs to secure an employment from which he will get a certain amount of money every week or every month.
Whenever he gets a certain amount of money every month from another source of income, he can use that money for trading in addition to meeting his needs.

For me, I envy people who are newbie traders without any source of income. Why? Because they have very plenty of time to learn trading, practice, and master.
While people who got other things to do like other source of income or full time job, they may busy sometimes and don't have more time to learn trading or do trading actively.

Without going to get a job I think one strategy that knowledgeable traders use to get money to trade is to either sell their course or start paid tutorship. There are many traders out there that don’t want or cannot self learn so they pay for mentorship. Traders with knowledge with much capital offer this services. Another one so they sell signal they generate. Although I don’t support newbies going for this especially paying for signals, but it is a way some traders earn. So a knowledgeable trader with little or no capital can actually offer paid tutoring for complete beginners.


This is most at times called account management. This is the riskiest thing to do in trading no matter who knowledgeable you’re. If a trade goes wrong and the funds lost most clients ask for their capital back. This is same thing as borrowing money to trade and it is very bad that has even worsen the situation of a trade self

You're asking people to exclude the option of getting a good job, but that’s just the best thing to do. If you have searched for a job and couldn’t get one, then you can start participating in all these online services. If you have any skills, you can just display them on the forum here, and anyone interested will contact you. You can also participate in bounties and airdrops. If you are lucky, you might be able to raise a small amount to start trading, but we should know that most bounties and airdrops are currently scams, so you have to be careful.

That's what I will never advise a trader to do. No matter how professional you are, you shouldn't borrow money from anyone to trade. If you borrow money to trade, in case things go against you and you end up losing the money, how will you be able to pay it back? If you are trading with borrowed money, then you will be under tension, which might even cause you to lose money easily. Just make sure you trade with your money, which should be what you can afford to lose.

I highly doubt newbies would be able to persuade others to invest in them, most people would just assume that they're a scam. The small percentage who would believe that they aren't a scam probably wouldn't agree as well since, well, you're a newbie. Why bother with you when there's more experienced traders you can probably hire to manage your portfolio no?

Honestly excluding the option of them getting a job is just dumb, the only method you'd be able to earn and save up money IS by working. Doesn't matter if it's under a company or freelancing, they're both work.

In order to become a real trader who receives profit from trading, it is necessary, in addition to knowledge, also experience, which cannot be obtained without practice. I am sure that he mistakenly believes that he knows how to trade. So he has only one option, to earn in real life, and if he doesn't want to work, then let him try his luck at Powerball.

If indeed the situation you do not have money to start your trading steps then I think there is no other way than you make your own money in any way, you can not exclude how to make money by "working or adding work" because this is the only way to make money to be used as capital for your initial trading steps, because in the world of trading it is really not recommended for a trader to borrow money or convince others to give money with an agreement and agreement on profit sharing, one of the reasons is because after all trading will not always be able to make a profit every time.

You can never rule out the aspect of possible risk in trading, because simply put anything that has a chance of making money will always have the possibility of losing money. We must understand that trading is not as easy as turning the palm of the hand, a trader is required to always have a rational mindset and a calm situation when running a session in order to make a truly correct decision, while not taking loans or trading using other people's capital will be able to affect psychologically in your mind? obviously, and this greatly affects decision making, and I think you should already know that it is not uncommon for a trader to end up failing because of the pressure in his mind when they trade using borrowed money or capital money provided by other parties on the basis of an agreement, so the point is that it is better to use your own funds so that you can be calmer in terms of analyzing a market and if you don't have the capital to step up then the only way is that you have to work or increase work.

Newbie without capital toe start trading journey is not yet a trader, we can refer to them as learners because people who trade are called traders, which implies that you need capital before we can call you a trader.

If we exclude the option of them having a job before earning money then how can they earn money to start e trading?

For them to have money to start their trading journey, they have to work for the money because no one have free money to give them. There is no their option to start than to work for money and start their trading journey; they can be using demo account to get some experience.

that would be a scam. When you have no trading experience, then what exactly does a beginner have to offer to entice someone to part with their money as capital for a novice trader?
Maybe the novice trader can learn the strategy well and try demo trading. the results may be amazing which increases their self-confidence. but looking for donors for beginner trading is very illogical. unless those who give are family members who feel sorry for you.

it is important to understand that trading is not just about skills that can be learned. Experience managing your finances is also required.

If the person doesn't have a source of income and starts trading with the hope that he will earn money regularly and will not have a need for a job, then that person is hugely mistaken. Regular trading is only for whales and for those who have lots of money and guaranteed source income. Never make yourself dependent on trading profits, never.
Newbie trader without any source of income has to get the income at first, there is no other way to gather money for trading. It's very risky to sell a house or car and invest in trading, especially for newbies who don't know what skills and self-control they have on themselves. It's also too late today to invest in a coin that will generate serious income, you can't expect 100x income quickly today when the crypto market is so saturated but it's possible with luck. Sorry, but there is no 3rd way.

Even if you have knowledge about trading does not mean you will profit from it without losing . So for me, anyone who wants to become a professional trader and be able to make money in the market . The first thing they need is experience and must go through many losses to learn the most practical lessons because theory alone is not enough to win in trading . Therefore, people with no source of income or low income should stay away from trading, and should not intend to become traders if they do not have enough money to lose . I have not seen any professional trader who has never lost money and can make money right from the first trades.

You are simply contradicting yourself here. Remember you said that they are hoping that one day they will make enough capital to invest. Reading down, you said we should not say they should get a job. So, how will they be able to make enough capital without getting a job?

Now you have said the advice you want to give them. Someone who haven't earned $10k for himself. How will he be able to manage another person's $10k if given them freely.

By suggesting he take part in a bounty or airdrop? of course the most appropriate advice is to tell him to get a job, although it is not easy but I am sure if he has difficulty getting capital to trade then he will not be able to earn even though he has good trading skill, is it by giving a trading course because his trading knowledge is good? but he has never made a profit then his course is like a lie.
He has to look for a job if he finds a job and in the end, he is no longer interested in using his money as capital to trade. Of course, that is better, because trading is not easy even though he already has good skills.

With a small capital, you can trade, but in order to provide more liquidity, you will need more time. Therefore, instead of trying to enhance liquidity from trading, it is better to get a job and then invest the amounts that can be saved in trading. this will ensure that there is additional liquidity that comes to you in addition to the profits that come from trading.