mindrust
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April 02, 2017, 04:13:00 PM |
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Making money from money don't make any sense.
In order to make money from money, you need to have the money first. To have the money you need to be able to know how to make money. If you know how to make money, you don't need to know how to make money from money. Because you already know how to make money in the first place.
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Wandering Soul~
Sr. Member
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Wolf
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April 02, 2017, 05:21:36 PM |
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Making money from money don't make any sense.
In order to make money from money, you need to have the money first. To have the money you need to be able to know how to make money. If you know how to make money, you don't need to know how to make money from money. Because you already know how to make money in the first place.
You have a point but there are many ways to earn money, lets say that what you're saying is method A which is from my understanding earning money without the use of it and method b for the way that OP is looking which is earning money with the use of money itself, I think he is looking for a passive way like investing (as stated in the OP) . It does not contradict at all and it make sense for me .
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wxa7115
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April 02, 2017, 06:05:56 PM |
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If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.
Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously. You will be surprised to know the amount of people that invest in altcoins without reading a single book about investing or trading, it is irresponsible, but a lot of people get blinded by the possible profits and invest without knowing anything thinking that if they don’t they may miss the chance to earn big.
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batang_bitcoin
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April 02, 2017, 11:00:53 PM |
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If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.
Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously. A good investment must be identified before you put your money into it. It will be late if you put your money first and analyze it later. With studying and careful planning it will make your risk less compared to being unprepared on what you are investing. Also it is your money you should know the importance of it before spending it into something unknown. We all know that investing can be tricky but all we can do is study it so that we will know what can be the outcome for us. Just like what I said, only a crazy guy will invest without knowing what he's entering. But there are investors who are real risk-takers and when they had few background with that investment that would be fine for them. And for those wise investors this shouldn't be our attitude we should know how we can grow our money.
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Rent this sig space so that BTC goes to $100k.
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Format.C^
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April 03, 2017, 05:01:10 AM |
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If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.
Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously. You will be surprised to know the amount of people that invest in altcoins without reading a single book about investing or trading, it is irresponsible, but a lot of people get blinded by the possible profits and invest without knowing anything thinking that if they don’t they may miss the chance to earn big. But if they are investing their money without any knowledge or research then they are actually gambling with their money where they are depending only on luck to make profits and if that is the case then one day they will loose a huge sum of money if they continue doing so.
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Kizaki
Sr. Member
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April 03, 2017, 05:03:15 AM |
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What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
A good investor must be patient enough to take losses in investing in any hyips or trading sites.
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Japinat
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April 03, 2017, 05:35:09 AM |
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What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
A good investor must be patient enough to take losses in investing in any hyips or trading sites. No, a good investor does not mind HYIP or Ponzis because they know what's scam or not. They are more focus on legitimate investment and they care more on the constant return as they have a long term plan. It's possible with bitcoin and other good crypto currencies with legitimate developer as they give guarantee to the investors that they will work hard to make the project successful. As investor we have to be fully educated of watching investment that will deliver great return and it takes time and effort and cannot be done by relying on your instinct only.
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Schuyler
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April 03, 2017, 05:44:14 AM |
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I am not seeing altcoins trading as good way as of right now because bitcoins showed good rally today hence we could expect altcoin prices to get dumped. Still altcoin traders will get chances to make money if they act as per trend like shorting or buying at bottoms.
Actually, here you have an option, either pay money to make money that is not sure and you may lose the money that you invest on the way, or try to make money doing hard work that is guaranteed, but if you are willing to take the risk try to know what you are going in for. To make money by investing something we must be ready to accept the risks involved. When we want to stay calm in our life then we should never think about making money from money. Instead of taking risk, many people are choosing working for money for their hard work. But you should realize that there is also such a thing as passive income. If you have money that you can invest in an apartment building, then that is a classic example of making your money work for you. You can work at the same time that your money is generating passive income for you, that way you have more sources of income, instead of relying on just a single source. Of course the risks will always be there but you must also know how to manage and minimize such in order to make the most of making your money work.
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vantyzz
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April 03, 2017, 06:18:54 AM |
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I am not seeing altcoins trading as good way as of right now because bitcoins showed good rally today hence we could expect altcoin prices to get dumped. Still altcoin traders will get chances to make money if they act as per trend like shorting or buying at bottoms.
Actually, here you have an option, either pay money to make money that is not sure and you may lose the money that you invest on the way, or try to make money doing hard work that is guaranteed, but if you are willing to take the risk try to know what you are going in for. To make money by investing something we must be ready to accept the risks involved. When we want to stay calm in our life then we should never think about making money from money. Instead of taking risk, many people are choosing working for money for their hard work. But you should realize that there is also such a thing as passive income. If you have money that you can invest in an apartment building, then that is a classic example of making your money work for you. You can work at the same time that your money is generating passive income for you, that way you have more sources of income, instead of relying on just a single source. Of course the risks will always be there but you must also know how to manage and minimize such in order to make the most of making your money work. Yes, investing better in reliable projects. They are not so profitable, but they are reliable. And investing in real estate is a very good choice
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loges
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Super Smash Bros. Ultimate Available Now!
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April 03, 2017, 06:32:28 AM |
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I am not seeing altcoins trading as good way as of right now because bitcoins showed good rally today hence we could expect altcoin prices to get dumped. Still altcoin traders will get chances to make money if they act as per trend like shorting or buying at bottoms.
Actually, here you have an option, either pay money to make money that is not sure and you may lose the money that you invest on the way, or try to make money doing hard work that is guaranteed, but if you are willing to take the risk try to know what you are going in for. To make money by investing something we must be ready to accept the risks involved. When we want to stay calm in our life then we should never think about making money from money. Instead of taking risk, many people are choosing working for money for their hard work. But you should realize that there is also such a thing as passive income. If you have money that you can invest in an apartment building, then that is a classic example of making your money work for you. You can work at the same time that your money is generating passive income for you, that way you have more sources of income, instead of relying on just a single source. Of course the risks will always be there but you must also know how to manage and minimize such in order to make the most of making your money work. Yes, investing better in reliable projects. They are not so profitable, but they are reliable. And investing in real estate is a very good choice But its not easy to invest in real estate as you need high capital to invest in it and that is only possible for the rich people who already have lots of money and if you have money then its the best place to invest as price keeps on appreciating over a period of time.
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bitbob82
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April 03, 2017, 03:50:53 PM |
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If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.
Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously. You will be surprised to know the amount of people that invest in altcoins without reading a single book about investing or trading, it is irresponsible, but a lot of people get blinded by the possible profits and invest without knowing anything thinking that if they don’t they may miss the chance to earn big. but to me i think it is also very much important that if you want to make money from trading or you want to become a successful trader you need to know and get good knowledge about trading alt coin.
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wxa7115
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April 07, 2017, 03:08:51 PM |
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If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.
Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously. You will be surprised to know the amount of people that invest in altcoins without reading a single book about investing or trading, it is irresponsible, but a lot of people get blinded by the possible profits and invest without knowing anything thinking that if they don’t they may miss the chance to earn big. But if they are investing their money without any knowledge or research then they are actually gambling with their money where they are depending only on luck to make profits and if that is the case then one day they will loose a huge sum of money if they continue doing so. You are right someone that invest or trade without any knowledge is relying on their luck and as we know you cannot depend on it since at some point luck is no going to go your way and you will lose a lot of money because of it, that is why it is important to inform ourselves before we do any kind of economic maneuver.
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deisik
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April 07, 2017, 05:48:26 PM Last edit: April 07, 2017, 06:03:04 PM by deisik |
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Making money from money don't make any sense.
In order to make money from money, you need to have the money first. To have the money you need to be able to know how to make money. If you know how to make money, you don't need to know how to make money from money. Because you already know how to make money in the first place Empty verbiage and meaningless drivel Anyone with a half working brain and functioning hands can make some money (for example, by enrolling in a signature campaign here), you don't need money for that (just a half functioning brain and a pair of hands, as I said), so all your hubble-bubble unreservedly and instantaneously goes down the drain. A truly genuine question is not how to get money (this is the easiest part, obviously) but how to make the money which you have already got bring you more money in a consistent, reliable, and (more or less) scalable way
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joshy23
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April 07, 2017, 05:56:05 PM |
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Making money from money don't make any sense.
In order to make money from money, you need to have the money first. To have the money you need to be able to know how to make money. If you know how to make money, you don't need to know how to make money from money. Because you already know how to make money in the first place Empty verbiage and meaningless drivel Anyone with a half working brain and functioning hands can make some money (for example, by enrolling in a signature campaign here), you don't need money for that (just a half functioning brain and a pair of hands), so all your hubble-bubble unreservedly and instantaneously goes down the drain. The real and genuine question is not how to get money (this is the easiest part, obviously) but how to make the money which you already have bring you more money in a consistent and (more or less) scalable way And that is the difficult part. How to sustain your money making scheme. If it cannot sustain you, then all your effort will be put to trash and you are back to square one again. So at least you need to sustain it, then to have to divert or you need to re-invest iin other ways n order to sustain your money making plan.
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deisik
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April 07, 2017, 06:07:55 PM Last edit: April 08, 2017, 03:59:21 AM by deisik |
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Making money from money don't make any sense.
In order to make money from money, you need to have the money first. To have the money you need to be able to know how to make money. If you know how to make money, you don't need to know how to make money from money. Because you already know how to make money in the first place Empty verbiage and meaningless drivel Anyone with a half working brain and functioning hands can make some money (for example, by enrolling in a signature campaign here), you don't need money for that (just a half functioning brain and a pair of hands), so all your hubble-bubble unreservedly and instantaneously goes down the drain. The real and genuine question is not how to get money (this is the easiest part, obviously) but how to make the money which you already have bring you more money in a consistent and (more or less) scalable way And that is the difficult part. How to sustain your money making scheme. If it cannot sustain you, then all your effort will be put to trash and you are back to square one again. So at least you need to sustain it, then to have to divert or you need to re-invest iin other ways n order to sustain your money making plan. In fact, this is not the hardest part The hardest part is how to make money sustain itself in the first place, i.e. to make money bring in profits. After you get there (remember, in a consistent and reliable way), the rest basically becomes a matter of just putting enough money into your "money making machine" to make it sustain yourself as well. And this itself pretty much comes down to getting enough dough, which, as I said in my previous post, is the easiest part. But that doesn't mean that it is easy on its own (it is just easier overall)
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bncbnc
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April 07, 2017, 09:44:16 PM |
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If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.
Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously. You will be surprised to know the amount of people that invest in altcoins without reading a single book about investing or trading, it is irresponsible, but a lot of people get blinded by the possible profits and invest without knowing anything thinking that if they don’t they may miss the chance to earn big. But if they are investing their money without any knowledge or research then they are actually gambling with their money where they are depending only on luck to make profits and if that is the case then one day they will loose a huge sum of money if they continue doing so. You are right someone that invest or trade without any knowledge is relying on their luck and as we know you cannot depend on it since at some point luck is no going to go your way and you will lose a lot of money because of it, that is why it is important to inform ourselves before we do any kind of economic maneuver. yes i also agree with you that those people who do not have any knowledge about trading and if they are investing their money in trading without any knowledge the trading is more risky thank gambling.
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FLoving
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April 07, 2017, 09:48:06 PM |
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If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.
Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously. You will be surprised to know the amount of people that invest in altcoins without reading a single book about investing or trading, it is irresponsible, but a lot of people get blinded by the possible profits and invest without knowing anything thinking that if they don’t they may miss the chance to earn big. But if they are investing their money without any knowledge or research then they are actually gambling with their money where they are depending only on luck to make profits and if that is the case then one day they will loose a huge sum of money if they continue doing so. You are right someone that invest or trade without any knowledge is relying on their luck and as we know you cannot depend on it since at some point luck is no going to go your way and you will lose a lot of money because of it, that is why it is important to inform ourselves before we do any kind of economic maneuver. Yes you are right if someone will doing trade without knowledge and skill of trade then it is a luck dependence and this way is called as gambling as just like in gambling we mostly rely for our earning and losing of money only on luck and not any knowledge and skill can be effective much.
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swogerino
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April 08, 2017, 01:48:08 PM |
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What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
I think this is the simplest question to answer. To make money from money a good investor should invest in projects that will stay with us as long as humanity will exist. One of this example is to invest in a bakery shop or a small flour mill. This is 100% sure to make money to the investor because population will always be in need of bread and flour. By doing so you are letting your money work for you to make you more money. I don't know how clear I am to understand but that is the most basic concept to invest money to make more money.
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Kakumei
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April 08, 2017, 01:52:21 PM |
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Of course you make money from money. The correct question is by using what method. Most people would choose to gamble and finger crossed they win big but that is just an fallacy. The most reasonable way to make money from money is to fully utilize your resources in securing a consistent income, to do that you will need the ability to fulfill the market demands.. then money will flow to you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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deisik
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April 08, 2017, 02:04:39 PM |
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What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
I think this is the simplest question to answer. To make money from money a good investor should invest in projects that will stay with us as long as humanity will exist. One of this example is to invest in a bakery shop or a small flour mill. This is 100% sure to make money to the investor because population will always be in need of bread and flour. By doing so you are letting your money work for you to make you more money. I don't know how clear I am to understand but that is the most basic concept to invest money to make more money Are you sure that these will give you profits instead of losses? I don't know about bakery shops but with a small flour mill you will soon go bust. Since you will have to compete against big (or even huge) mills which will always be ahead of you in terms of competition by simple virtue of mass production (otherwise known as economies of scale). And, as I suspect, to your home bakery shop the same story is going to happen eventually. It will be quickly crushed by malls. In fact, I saw that myself when a lot of small shops had to shut down unable to compete with huge retailers
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