mozers
Newbie
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Activity: 96
Merit: 0
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June 14, 2018, 08:22:06 PM |
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I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
What kind of work you did, man? If it's real, that I'm so excited, and curiosity about how can you do that? It's almost can not be.
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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June 14, 2018, 08:58:14 PM |
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I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
Why just take actions now that the deadline is coming. In a business loan, even it's quick, the terms are not that short meaning you have enough time to pay for interest. To the fact the you make you car as collateral, it does mean that the loan duration period is quiet long. If you will respond to me that you take the loan for short term because you have no choice then it's completely not a good decision. You have a good collateral but still accept the short term deal. People are really in a hurry nowadays about opening a business. But well we can't changed that now as what done is done. To tell you honestly, that is possible but it's difficult to achieved and you need more dedication on what you have right now. You can't rely on trades, gambling and any other crypto related activities because even that is possible, it can't give you a guarantee for 30 days. If Im on your situation right now, I will probably seek another loan to families, friends or any other institutions to cover the first loan. Offer collateral on what you currently have right now. It will be a burden yes but you must face it because you enter it. Hope you fixed that buddy.
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Dreamchaser21
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June 14, 2018, 09:35:25 PM |
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Its really challenging but I think you’d better to ask for some help with your family because there is no assurance of making profit in this market so better to start looking for some alternative but if you want to take more risk then invest it with bitcoin, but I think $5k is too big if you just have a small amount of capital within 30days
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Shenzou
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June 14, 2018, 09:38:33 PM |
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I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
I mean the only thing that i could think of is obviously bitcoin, bitcoin has the potential to go up like crazy in just a couple of weeks just like last year it went from 6k to 19k in a month, but of course this is not something that i can guarantee to happen this time again, because the market is highly unpredictable and prices could change at any moment, but it is worth a try any way if you don't get profit in 30 days will will get profit from it in the future.
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bitcoin31
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June 14, 2018, 09:45:44 PM |
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$200 capital and you need to earn $5000 in less than 30 days is very impossible because you have limited coin and if the coin you buy will not increase your money will increase unless you have $1000 capital they chance to become $5000 or become times 5 your capital in less than 1 month only.
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samcrypto
Sr. Member
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Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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June 14, 2018, 09:50:36 PM |
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$200 capital and you need to earn $5000 in less than 30 days is very impossible because you have limited coin and if the coin you buy will not increase your money will increase unless you have $1000 capital they chance to become $5000 or become times 5 your capital in less than 1 month only.
The capital is too low to reach $5k in 30days, sorry to day that this market is currently in the bear market which mean when you invest in great coin it still need more time to rise again. You badly needed the monry, ask for somehelp with your friend or you really have to deal the consequences.
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xvids
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June 14, 2018, 09:57:10 PM |
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Well it is really hard to do , You are going to take the risk if you want to invest in a coin and do some short trade or day trade and repeat it over and over again, To be honest it is really hard to do because I have done it before you could earn from a good day trade but once it drops down you would lose all the profit that you made so you better be sure about the coin that you would choose for your day trade.
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beerlover
Legendary
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Activity: 3024
Merit: 1188
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June 15, 2018, 04:58:11 AM |
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hold on to your $200 or put it in a bank account. go to the person (or the bank) from whom you took the loan and see if you can get an extension on your payment. explain how things went wrong with that business. see if you can find the money some other way like from your savings or selling some assets. for example if you have stocks, gold, bitcoin,... sell a little of it to cover the $5k go to a family member or a friend and see if you can borrow money from them without needing to take another loan.
and finally stay away from investments that you can't understand such as trading in cryptocurrency market to fix another mistake that you made investing in another risky thing!
Best advise anyone can ever give. I am sure the Op must have made a terrible gambling in an investment he had no knowledge about like you said, and now that he is in soup, he is still trying to gamble the remaining left to see how he can recover the losses. Anything he is going to be doing now will just set in huge mistakes which would be made eventually out of panic in the long run. Since he has made the mistake and he does not simply know where else to make payment, it is better for him to just sit back, think things through, allow his car go since he dropped it as collateral and plan what is left on a more solid term with better knowledge of handling it this time around.
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Baoo
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June 15, 2018, 05:40:22 AM |
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Honestly, I think that trading in cryptocurrency is very risky for you in order to achieve your goal ( $ 5000 ) in less than one month ( 30 days ) even if you start with $ 200, it is true that you can earn a large proportion of money in that field, but due to there is a big wide spread dip in the whole market during this period, so it is difficult to get an acceptable money and it is not expected that within a month there will be a big jump in cryptocurrency. In fact, IMO if you are professional in trading then you can earn more than $ 5000 but in long term. In addition to that, I think you need to find a job(s) , it is true that earning $ 5000 in just one month is difficult but If you have some skills and a good knowledge in some field especially in something related to cryptocurrency then you can get what you want. You must give a great effort. Good luck.
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Schwabac
Member
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Activity: 163
Merit: 10
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June 15, 2018, 06:02:39 AM |
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This is impossible, and if you are looking to make that money just with trading resources, you are not going to make as ingle dollar out of it, so better to stop dreaming so high
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Hello!
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rommelzkie
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June 15, 2018, 09:29:29 AM |
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I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
You cannot achieve your goal if you are pressured to reach it. The best thing to do is borrow money from your relatives or request a longer time-frame of repayment. In trading, patience and good strategy are the key to become profitable. It is impossible for a newbie to achieve 2500% gain from the start. Most of them suffer from losses. No one can help you here. Think other options.
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timikulit
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June 15, 2018, 09:49:17 AM |
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I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
You cannot achieve your goal if you are pressured to reach it. The best thing to do is borrow money from your relatives or request a longer time-frame of repayment. In trading, patience and good strategy are the key to become profitable. It is impossible for a newbie to achieve 2500% gain from the start. Most of them suffer from losses. No one can help you here. Think other options. This is true
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alfs75
Full Member
Offline
Activity: 392
Merit: 100
platform for everyday business
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June 15, 2018, 09:59:42 AM |
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I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
thats a desperate ambition to achieve your goal in gaining $5000 in less than 1months,because if you look up the market now its in bearish condition,so its hard to gain that kinds of amounts now,maybe this your quick decision of applying a loan and making qualateral your cars,is not a wise decision,because thats treaty that you must paid it within 30 days is not a proper kind of aggreement,thats why only things you can do,is ask another kind of extension of days or months of your loan,or make another kinds of aggreements,because i know you can failed this your goal of achieving that amount.
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Shinpako09
Legendary
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Activity: 2058
Merit: 1015
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June 15, 2018, 10:07:10 AM |
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Sorry to say but you can't turn that $200 into $5k in just 30days here in crypto and that's a fact especially with the current situation. In crypto world, only gambling can do it but you can't rely in online gambling because for sure that $200 left will turn into zero. In short, there's no way you can make it.
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razzor
Member
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Activity: 110
Merit: 10
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June 15, 2018, 10:23:41 AM |
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people that just join trading only for this kind of purposes are going to be the first ones who are gonna lose all their entire budget only for making a few bucks haha, this is funny to be honest
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crypto_nd
Jr. Member
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Activity: 140
Merit: 1
Less troubles
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June 15, 2018, 11:41:37 AM |
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this is so sad and nearly impossible to get $4800 with just $200. i feel your pain, but you will need bulk luck to achieve this, i suggest you request for an extension and make sure you will repay after given the extension. But if the person does not agree to extend. the only option i see is to take another loan from someone else to pay your current loan and make sure you can repay the loan before it expires again since you have buy more time for yourself.
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rickadone
Legendary
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Activity: 1176
Merit: 1024
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June 18, 2018, 02:09:04 PM |
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That mean you need 25 times profit in amonth, i think this is very hard to make it, i just know crypto can offer maximum 10 times profit in amonth and that only happen in bullish market. Try to multiple it in binary option trading but the risk also will be very high there.
Bad thing for him that we are not even in a bullish market until further notice, and he is even finding a way to quickly make that happen and that would send in so much emotion eventually for him. If he can buy into some of the coins or tokens in their dip now, it would be a good chance but he should better be very careful as this is a volatile market and he should be patient enough for it and not be in a rush to make quick money as crypto market is not built for that unless he just gets lucky.
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fiulpro
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June 18, 2018, 02:48:19 PM |
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That's completely unrealistic if you think about going the right way. You should understand that the reason we talk about holding and long term strategies is because people are Happy if the get even 3 times the amount in return. Getting almost 25 times amount in return is something that can't happen in 1 month time. There is only one thing that can happen, some altcoin might grow from a dollar to thousands of dollars but for that too one doesn't know which one will it be and you should understand that this unrealistic approach has only proven fruits luck by chance but that too in a year or two but not one month.
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wxxyrqa
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June 18, 2018, 04:56:54 PM |
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this is so sad and nearly impossible to get $4800 with just $200. i feel your pain, but you will need bulk luck to achieve this, i suggest you request for an extension and make sure you will repay after given the extension. But if the person does not agree to extend. the only option i see is to take another loan from someone else to pay your current loan and make sure you can repay the loan before it expires again since you have buy more time for yourself.
It seems to me that this problem should have been paid attention when people began to pay attention to loans. It is better to follow another advice and initially engage in earnings with the help of a crypto currency, and do not seek help from the banking system.
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max fray
Member
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Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
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June 18, 2018, 05:09:10 PM |
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I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
Sorry to disappoint you but I don't think you will be able to multiply your profit 25 times in just a month. Crypto market needs time, generally it takes 2-4 months to earn profit from your investment.
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