Best way to manage money?

[MinerHQ]

To manage money first of all you need to earn a proper capital. That earning can be your primary source-stable but low income (job, business, mining)

After that start to do research on legit investments and trading. Next invest a capital on those investments. Make sure to retain enough capital for the next few steps as well.

Start altcoin trading and mining. If you can predict properly about the market you can make a lot of money on it.

altcoin trade possible, but it requires experience. A person without experience can lose a lot of money

In trading, many experts also lost a lot of money, so it is not an easy way to make money. But if you go for long then you got a better chance of making profits from trading. If you're into altcoin trading then should be very careful because the price may fluctuate quite fast and you may either make a lot of money quickly and also may lose quickly.

[freedomgo]

To manage money first of all you need to earn a proper capital. That earning can be your primary source-stable but low income (job, business, mining)

After that start to do research on legit investments and trading. Next invest a capital on those investments. Make sure to retain enough capital for the next few steps as well.

Start altcoin trading and mining. If you can predict properly about the market you can make a lot of money on it.

altcoin trade possible, but it requires experience. A person without experience can lose a lot of money

In trading, many experts also lost a lot of money, so it is not an easy way to make money. But if you go for long then you got a better chance of making profits from trading. If you're into altcoin trading then should be very careful because the price may fluctuate quite fast and you may either make a lot of money quickly and also may lose quickly.

That life in trading and you cannot really tell who makes profit because no one will divulge any information. The same with gambling.

[mirakal]

To manage money first of all you need to earn a proper capital. That earning can be your primary source-stable but low income (job, business, mining)

After that start to do research on legit investments and trading. Next invest a capital on those investments. Make sure to retain enough capital for the next few steps as well.

Start altcoin trading and mining. If you can predict properly about the market you can make a lot of money on it.

altcoin trade possible, but it requires experience. A person without experience can lose a lot of money

In trading, many experts also lost a lot of money, so it is not an easy way to make money. But if you go for long then you got a better chance of making profits from trading. If you're into altcoin trading then should be very careful because the price may fluctuate quite fast and you may either make a lot of money quickly and also may lose quickly.

That life in trading and you cannot really tell who makes profit because no one will divulge any information. The same with gambling.

We can't tell who are they but we can tell that some are making money in trading, if there's no people that are successful in trading it will not attract newbies to learn from trading. Because they believe it's possible so they are trying there way to trade also, starting their journey as a trader.

[J Gambler]

Open an bank account or where you should put all your profit not in bitcoin wallet because as long as you are seeing bitcoin in your wallet you are going to play it or invest it on website playing gambling is not a solution to make more profit. Managing money is not really hard if you are going to set some rules in your life like your not going to spend that much and save it instead.

I feel if someone is addicted of gambling or anything else then he wont even let the money in the bank and he will spend it, and if someone is not addicted to anything like that and can control himself then even keeping them in a bitcoin wallet would be good too, it all depends on a person if he is willing to save or not.

I know that but im trying to say if just atleast try to control our selves to save atleast 10% of our profit from gambling or from any services that we've done doing it. Spending too much in gambling will cause too much also in the end getting to addicted in gambling will make our life wreck.

[X-ray]

To manage money first of all you need to earn a proper capital. That earning can be your primary source-stable but low income (job, business, mining)

After that start to do research on legit investments and trading. Next invest a capital on those investments. Make sure to retain enough capital for the next few steps as well.

Start altcoin trading and mining. If you can predict properly about the market you can make a lot of money on it.

altcoin trade possible, but it requires experience. A person without experience can lose a lot of money

Yup, so better to learn trading first before you doing it because if you have no experience on how to do it properly, there's a possibility that you can lose your money don't worry there are many tutorials out there (google, youtube and here) just learn and focus and you will get want you want.

who the heck doing trading without learning by the way even though trading is basically selling when high and buy when low atleast they need to know something about the strategy or everything else and it's simple. and i prefer learning in order to gain experience not just following the theory

[Caladonian]

To manage money first of all you need to earn a proper capital. That earning can be your primary source-stable but low income (job, business, mining)

After that start to do research on legit investments and trading. Next invest a capital on those investments. Make sure to retain enough capital for the next few steps as well.

Start altcoin trading and mining. If you can predict properly about the market you can make a lot of money on it.

altcoin trade possible, but it requires experience. A person without experience can lose a lot of money

In trading, many experts also lost a lot of money, so it is not an easy way to make money. But if you go for long then you got a better chance of making profits from trading. If you're into altcoin trading then should be very careful because the price may fluctuate quite fast and you may either make a lot of money quickly and also may lose quickly.

Thats right it is not an easy way to earn a lots of things still needed to consider since its really hard to know when the movements will happen what is best is just keep your self on track regarding to particular coin that you are supporting.

[Positid]

To manage money first of all you need to earn a proper capital. That earning can be your primary source-stable but low income (job, business, mining)

After that start to do research on legit investments and trading. Next invest a capital on those investments. Make sure to retain enough capital for the next few steps as well.

Start altcoin trading and mining. If you can predict properly about the market you can make a lot of money on it.

altcoin trade possible, but it requires experience. A person without experience can lose a lot of money

In trading, many experts also lost a lot of money, so it is not an easy way to make money. But if you go for long then you got a better chance of making profits from trading. If you're into altcoin trading then should be very careful because the price may fluctuate quite fast and you may either make a lot of money quickly and also may lose quickly.

Thats right it is not an easy way to earn a lots of things still needed to consider since its really hard to know when the movements will happen what is best is just keep your self on track regarding to particular coin that you are supporting.

In my case, I only focus on high volume coins and I believe it's easy to track it as people are willing to get updated information that we can share in a forum and discuss the information, since crypto is a news driven, we should be abreast of the recent news.

[Achargeturry78]

So I have seen a lot of topics relating to different methods of managing money ("How to earn Bitcoin, "How to save money") and the likes. Now I would like to see what are the best ways people can come up with in regards to managing their money. I find creating a budget is one of the fundamentals of managing money. If you have no records, you can't know exactly how much money you have to spend each month. Another piece of advice I would like to give to people is to not use your credit card unless you're able to pay it off in full at the end of the week.

Any input?

IF you know how to earn bitcoin then you should know how to save money too managing money is really good when you need money to use in to future saving them while you have work. Second  creating a budget for 1 month or per week is needed to know what your going to buy or to use not going to stock. Save atleast 5 to 10% of salary or what ever it is came from.

[Japinat]

So I have seen a lot of topics relating to different methods of managing money ("How to earn Bitcoin, "How to save money") and the likes. Now I would like to see what are the best ways people can come up with in regards to managing their money. I find creating a budget is one of the fundamentals of managing money. If you have no records, you can't know exactly how much money you have to spend each month. Another piece of advice I would like to give to people is to not use your credit card unless you're able to pay it off in full at the end of the week.

Any input?

IF you know how to earn bitcoin then you should know how to save money too managing money is really good when you need money to use in to future saving them while you have work. Second  creating a budget for 1 month or per week is needed to know what your going to buy or to use not going to stock. Save atleast 5 to 10% of salary or what ever it is came from.

Way of earning is the first thing to consider and when you earn you have to save as not all the time you can earn, let us be more matured and understand that earning money required us to be healthy and when time comes we are not healthy anymore and we have no savings, what would happen to us.

[South Park]

Open an bank account or where you should put all your profit not in bitcoin wallet because as long as you are seeing bitcoin in your wallet you are going to play it or invest it on website playing gambling is not a solution to make more profit. Managing money is not really hard if you are going to set some rules in your life like your not going to spend that much and save it instead.

Opening a bank account is not an answer since there are a lot of fiat casinos where you can deposit with bank transfers, so if you are very interested in gambling the best thing to do is to set up a monthly budget and never go over it.

[dhampir-D]

Don't use credit card. Avoid living for a credit at all cost. Debt=slavery. If you don't need something very badly now and you can't afford it then it means it is not for you.
Wait month or two, save your money and buy your desired item then. The only drawback is that is not possible with real estate market and you will have lend money.

I agree with you friend, make a debt is not good for our life. The interest ayable could make us bankrupt. The best way to manage our money by our habbit. Litle thing like buy food in restaurant or sidewalk foods vending stall everyday is so lavish.  We can not be rich if we life in extravagance. We have to save and save our money. When we have huge amount of money we could make an  investment.

The uncontrolled use of credit cards is one of the problems that most people face today. The only ones to benefit from it are banks. They know that many people look at credit as if it was their own money, and they spend without doing a deeper analysis if they will be able to pay the debit in the future or not. People need to wake up to this.

[tabas]

Open an bank account or where you should put all your profit not in bitcoin wallet because as long as you are seeing bitcoin in your wallet you are going to play it or invest it on website playing gambling is not a solution to make more profit. Managing money is not really hard if you are going to set some rules in your life like your not going to spend that much and save it instead.

Opening a bank account is not an answer since there are a lot of fiat casinos where you can deposit with bank transfers, so if you are very interested in gambling the best thing to do is to set up a monthly budget and never go over it.

That can help if you will put some of it on it but you can still withdraw that if there are times of need, still that is useful to open a savings account to the bank. If you truly want to save your earnings to bitcoin, you can just simply talk to the teller or manager of the bank that you wanted to open a time deposit, this will teach you discipline plus interest because you are not allowed to withdraw your deposit.

[susila_bai]

Open an bank account or where you should put all your profit not in bitcoin wallet because as long as you are seeing bitcoin in your wallet you are going to play it or invest it on website playing gambling is not a solution to make more profit. Managing money is not really hard if you are going to set some rules in your life like your not going to spend that much and save it instead.

Opening a bank account is not an answer since there are a lot of fiat casinos where you can deposit with bank transfers, so if you are very interested in gambling the best thing to do is to set up a monthly budget and never go over it.

This is the best way what you have mentioned , this is what called as managing the bankroll, If everyone follows this rules in long term they will be in profit. In particular sports betting if you follow this method you will surely be in profit.

You should first fix the budget of your gambling then split it in 20% daily limit and split that 20% in 5 bets this way if any one or two bets fail balance wining bet will average it.

[goldcoinminer]

Open an bank account or where you should put all your profit not in bitcoin wallet because as long as you are seeing bitcoin in your wallet you are going to play it or invest it on website playing gambling is not a solution to make more profit. Managing money is not really hard if you are going to set some rules in your life like your not going to spend that much and save it instead.

Opening a bank account is not an answer since there are a lot of fiat casinos where you can deposit with bank transfers, so if you are very interested in gambling the best thing to do is to set up a monthly budget and never go over it.

This is the best way what you have mentioned , this is what called as managing the bankroll, If everyone follows this rules in long term they will be in profit. In particular sports betting if you follow this method you will surely be in profit.

You should first fix the budget of your gambling then split it in 20% daily limit and split that 20% in 5 bets this way if any one or two bets fail balance wining bet will average it.

A person who were able to control himself and established a bankroll will be successful to enjoy gambling or even be profitable in the long run. It is important that we must learn how to manage our money, and the amount allocated for lending should only be a small percentage of your total liquid assets or money.

[stark101]

When it comes to money  matters, we people is always wise how to keep, and manage our own money. We find ways on how our money grow up fast. How we manage, spend and invest your money can have profound impact  on our life, yet very few schools teach these important skills. Learning financial savvy can take a while. but the basic are fairly simple and never change. And this things can make your money keep and safe by opening a personal bank account, or make some investments or try some businesses.

[manbitcoinlover]

I believe some people are meant for gambling while some are not, if you are not you should stay away from gambling on sport,dice, trading on stocks, forex, spread trading, trading options and futures etc.  If you are though, it is usually a wild rollercoaster ride in my opinion, you got to be smart and keep your bankroll under good management. That is all it comes down to, good management.

[nara1892]

For me i do every time i received my salary i less first the 5% for my savings and the rest it will spend or invest because i do that for my future i always save first before to spend.

Me also i do saving money first before to spend because i know that saving money will brings us to be rich in the future also i have a lot money for my investment to have passive income. I want that my money helps me to earn.

yeah, it is one of good way to manage money because we do not know when we will need money the most in the future.

beside that, we can save 10-15% of our money to do a business. it can be selling something needed in your society.

[just_Alice]

To manage money first of all you need to earn a proper capital. That earning can be your primary source-stable but low income (job, business, mining)

After that start to do research on legit investments and trading. Next invest a capital on those investments. Make sure to retain enough capital for the next few steps as well.

Start altcoin trading and mining. If you can predict properly about the market you can make a lot of money on it.

altcoin trade possible, but it requires experience. A person without experience can lose a lot of money

That is so true. For example those bots on yobit which make it look like a panic buying has started. I fall for that couple of times before it was explained to me by some good people in the chat. So my advice is when you see fast updating TRADE HISTORY look closely at the orders to see how much is really bought each time and you'll be surprized how small those amounts are.

[Rostadom]

To manage money first of all you need to earn a proper capital. That earning can be your primary source-stable but low income (job, business, mining)

After that start to do research on legit investments and trading. Next invest a capital on those investments. Make sure to retain enough capital for the next few steps as well.

Start altcoin trading and mining. If you can predict properly about the market you can make a lot of money on it.

altcoin trade possible, but it requires experience. A person without experience can lose a lot of money

That is so true. For example those bots on yobit which make it look like a panic buying has started. I fall for that couple of times before it was explained to me by some good people in the chat. So my advice is when you see fast updating TRADE HISTORY look closely at the orders to see how much is really bought each time and you'll be surprized how small those amounts are.

It's usually the smallest amount possible. Just to make their coin blink continuously as if people have been hyping up that coin. I think of it as a way of people to advertise that coin. The people in the chat box also do that by waiting for newbies that ask for what coin to buy and then they say the coin that they've invested into. That way, their coin will increase in price even just a little bit.

[MWesterweele]

Its not easy to manage money specialy for students like me.But if youre a wise person it would be easy for you to manage your money.My advice is just always save some part of your money and dont waste money on things that is not needed or not important

As a student you should already start managing you money because when you cannot manage with small amount of money how much for if you are holding a huge amount of money. Learn to manage from small things to be trusted in the big things.

Yes i already start managing my money because my course also related in money (accountant) i always start with small amount of money for example my parents give me 50$ for one week and i can save 25$ into it learning or not spending for goods that you know you can't use it daily don't buy it save it.