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Author Topic: Advice for poor people who wanna get some crypto  (Read 3603 times)
carlfebz2
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May 11, 2022, 10:25:31 PM
 #141

To be honest, the main thing that I would advise is not to rush into a choice, because this is simply the worst thing that can be. Most often this leads to losses, no matter how it sounds.
I appreciate that idea.
It is a need for us to understand clearly how this trading will work and never underestimate the risk it has. We should not get tempted by those influencers saying trading gives you money, and a huge profit in a short period of time as it was totally different in the actual scenario. And instead of thinking about profit every day, we instead expect more losses. Well, it could be worse if we really don't know what we are doing, if we don't have knowledge about trading.
Anticipate losses or mistake yet this one is inevitable thats why you should really be putting it up into your mindset about having no perfect kind of trading because if you do really hope that much and
the market hadnt go into what you do expected then it would just simply frustrate you.

If you are poor and dont have money to invest then there are various ways around if you are really that eager or determined on changing up your lives although its not guaranteed but at least
having some chance or odds on having success.

Just dont rush up and everything would really be alright.

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May 12, 2022, 02:38:00 AM
 #142

To be honest, the main thing that I would advise is not to rush into a choice, because this is simply the worst thing that can be. Most often this leads to losses, no matter how it sounds.
I appreciate that idea.
It is a need for us to understand clearly how this trading will work and never underestimate the risk it has. We should not get tempted by those influencers saying trading gives you money, and a huge profit in a short period of time as it was totally different in the actual scenario. And instead of thinking about profit every day, we instead expect more losses. Well, it could be worse if we really don't know what we are doing, if we don't have knowledge about trading.
most people who lack knowledge, want the market as they want, not follow the market's wishes. and that is a difficult thing to learn, so we can understand where the market wants to move so it doesn't go against the flow and place the target according to its portion. at least by learning and continuing to learn we will understand by ourselves so that we have a strong trading base and can trade healthily

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Desscount
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May 12, 2022, 06:28:51 AM
 #143

To be honest, the main thing that I would advise is not to rush into a choice, because this is simply the worst thing that can be. Most often this leads to losses, no matter how it sounds.
I appreciate that idea.
It is a need for us to understand clearly how this trading will work and never underestimate the risk it has. We should not get tempted by those influencers saying trading gives you money, and a huge profit in a short period of time as it was totally different in the actual scenario. And instead of thinking about profit every day, we instead expect more losses. Well, it could be worse if we really don't know what we are doing, if we don't have knowledge about trading.
most people who lack knowledge, want the market as they want, not follow the market's wishes. and that is a difficult thing to learn, so we can understand where the market wants to move so it doesn't go against the flow and place the target according to its portion. at least by learning and continuing to learn we will understand by ourselves so that we have a strong trading base and can trade healthily
The difficult thing is, of course, wanting the market to match what you want.
we know for ourselves that there are many factors that can affect the market which are beyond our control,
it is very important indeed to continue to learn the trade and also improve knowledge and skills

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May 12, 2022, 09:51:14 AM
 #144

I have made it clear that if he does not have enough money then he should refrain from trading and investing. Moreover, it is not possible to get profits from trading or investing just because you have money, because it will be possible only if you are proficient in this subject. Otherwise if he will do work properly in bounty then possible to got some money. Even he will got smart crypto knowledge by the bounty programme because here is everything but need some Learn.
I would guess that having a lot of money would help you become a better trader though. How? Well, let's say you are a rich person, and you bought something and it went down, if you are rich then you could buy some more and make profit that way, if you are not rich then you would just focus on getting better buying prices because if you buy and it goes down then you would not have enough money to buy some more. That is the difference, rich people could wait longer as well, even if there is an emergency situation that they need cash for, they will have it and spend that, whereas a poor person doesn't have plenty of investment AND savings to use in an emergency.

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May 12, 2022, 01:28:38 PM
 #145

To be honest, the main thing that I would advise is not to rush into a choice, because this is simply the worst thing that can be. Most often this leads to losses, no matter how it sounds.
I appreciate that idea.
It is a need for us to understand clearly how this trading will work and never underestimate the risk it has. We should not get tempted by those influencers saying trading gives you money, and a huge profit in a short period of time as it was totally different in the actual scenario. And instead of thinking about profit every day, we instead expect more losses. Well, it could be worse if we really don't know what we are doing, if we don't have knowledge about trading.
It is a very true one, I mean if you end up trying to rush into these things then you are not going to be profiting because you are rushing into it. Researching what's going on and what could possibly happen is the most important part of the crypto world and if you do not do that then there is no way of knowing if you would make any profit at all.

I understand that it's not going to be that simple for most people but if you do not do it then you are going to lose money. Research, not "what it is" but also checking the market and knowing the news, like tera situation right now for example or the fed interest rate, etc etc would give you a benefit.

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May 12, 2022, 03:52:42 PM
 #146

there are many ways to get crypto for free, the first you can follow the bounty,
register in forums like Bitcointalk, Cryptotalk and etc that provide bounties,
and the second you can play faucet, there are many sites out there,
and the third you can trade with capital what you get, and the fourth join the airdrop

AicecreaME
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May 13, 2022, 02:08:17 PM
 #147

I have made it clear that if he does not have enough money then he should refrain from trading and investing. Moreover, it is not possible to get profits from trading or investing just because you have money, because it will be possible only if you are proficient in this subject. Otherwise if he will do work properly in bounty then possible to got some money. Even he will got smart crypto knowledge by the bounty programme because here is everything but need some Learn.
I would guess that having a lot of money would help you become a better trader though. How? Well, let's say you are a rich person, and you bought something and it went down, if you are rich then you could buy some more and make profit that way, if you are not rich then you would just focus on getting better buying prices because if you buy and it goes down then you would not have enough money to buy some more. That is the difference, rich people could wait longer as well, even if there is an emergency situation that they need cash for, they will have it and spend that, whereas a poor person doesn't have plenty of investment AND savings to use in an emergency.

More money means you could try and try all over again until you mastered trading. I mean, you will attain the level of a trader that make profits most often than losing profits. Having a large quantity of money also mean that you could enter a big trade and have a big profit, while on the other side, having no money or small amount of money will only put pressure on you, since you can't make a huge mistake because your money is only limited.

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May 13, 2022, 04:29:39 PM
 #148

there is no other better way to get crypto than trying hard to find itself...

now a content creator (writer, painter, video maker) even translator can easily get crypto. and also for those who have not mastered a skill, they can easily learn anything by just watching it on YouTube, such as learning to become a crypto trader and others. selling personal data on exchanges cannot provide sustainable income, besides that they will definitely sell our personal data to other people because we are the first to sell our personal data to them.

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May 13, 2022, 04:42:08 PM
 #149

there is no other better way to get crypto than trying hard to find itself...

now a content creator (writer, painter, video maker) even translator can easily get crypto. and also for those who have not mastered a skill, they can easily learn anything by just watching it on YouTube, such as learning to become a crypto trader and others. selling personal data on exchanges cannot provide sustainable income, besides that they will definitely sell our personal data to other people because we are the first to sell our personal data to them.

Much better to find legit ways to earn crypto instead of selling your personal data. It's tough, but it's doable there are avenues that you can earn crypto the right way. Never to look for quick job or quick benefits, most of them are purely scam or maybe they can provide some but in the long run it's not going to manifest more success, unlike with those legit ways, you can continue earning if you know how to work it out, there're no limits as long as you have good knowledge upon.

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May 13, 2022, 07:30:40 PM
 #150

You need to understand that in order to learn how to work with cryptocurrency, you need to have an understanding of how this mechanism works. This is very difficult and requires attention.
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May 14, 2022, 02:03:50 PM
 #151

In terms of signature and bounty campaigns, there are still lots of them that coming. In fact the situation of bounties right now are much better than before because most bounties now pays stable coins, bnb and other known altcoins. More projects are now also forced to use an escrow so that scams are going to be minimized. They are still perfect for those who want to earn free cryptos.

Are you talking about signature campaigns? For that is true there but not in bounties. Can you show us how many bounties that pays with stable coins and not their own coins? Bounties of today are still not good examples of things going well. There are alot of them still not credible and do not like using escrows. Both of us are in the Gamdom campaign and that is signature campaign, not bounty in case you do not know. Hope you are not counting it as one.
If you are referring to signature campaigns, the best thing is what they pay in BTC, when there are signature campaigns that pay in any other cryptocurrency you have to be careful that the currency in which they pay is already in the market, otherwise you should wait for it to go on the market, for it to have an exchange, and for it to have value, if it is in a token, the probability that it can take value is considerable, unless it is a very good project and that takes time, I would recommend altcoins in signature campaign, but the altcoin that is reliable, and as the market is currently uncertain even more.

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death69
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May 14, 2022, 03:46:43 PM
 #152

To be honest, the main thing that I would advise is not to rush into a choice, because this is simply the worst thing that can be. Most often this leads to losses, no matter how it sounds.
I appreciate that idea.
It is a need for us to understand clearly how this trading will work and never underestimate the risk it has. We should not get tempted by those influencers saying trading gives you money, and a huge profit in a short period of time as it was totally different in the actual scenario. And instead of thinking about profit every day, we instead expect more losses. Well, it could be worse if we really don't know what we are doing, if we don't have knowledge about trading.
It is hard to have such a healthy mindset when you first trade. Trading exposes who we are, such as greedy, indisciplined, self-sabotage, etc. I have seen many experienced traders still struggling to change their habits to have consistent winning, which can be a long process.

Though, nothing is unachievable. My advice for newbies:
  • Set rules for yourself: you can read all of the books about trading in the world and you will see that all professionals have their rules. Respect your rules. It is the shortest way to success
  • Write daily/weekly journal: we are not like machines, sometimes, we are not capable of following our rules. We need to write out what we feel on those bad days without any judgment. The more you write, the more likely you will change your bad trading habits 

Trading is one of the hardest jobs on the planet because it is about controlling yourself. Society today only teaches us how to interact with the outside world without guiding us on how to control and observe our inner thought. Our mind is where all the trouble comes from.
Rockstarguy
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May 14, 2022, 04:51:00 PM
 #153

Cryptocurrency does not make the poor to be rich in short time of investing, Cryptocurrency only helps one to be free from financial stress.   Cryptocurrency support to be financially stable. In Cryptocurrency it is advisable to only invest only what can be affordable to lose,  Cryptocurrency requires patience to invest or trade in it.

R


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jostorres
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May 14, 2022, 05:46:01 PM
 #154

The difficult thing is, of course, wanting the market to match what you want.
we know for ourselves that there are many factors that can affect the market which are beyond our control,
it is very important indeed to continue to learn the trade and also improve knowledge and skills
Difficulty depends on what you want, say you want the price to go up to 1 million or you want the price to dump down to 1k then that really is difficult to happen. Only if you want realistic stuffs, the market might grant your wish easily. We can't control the market but we can always control ourselves or the assets that we hold. That is the only thing that we can do but in terms of control, there are actually persons or groups that can control or manipulate this market and they are called whales.

We aren't forced to do trading and you don't need to continue learning it if you think it is too hard for you. There are still other ways to get crypto for free.
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May 15, 2022, 04:24:00 AM
 #155

Cryptocurrency does not make the poor to be rich in short time of investing, Cryptocurrency only helps one to be free from financial stress.   Cryptocurrency support to be financially stable. In Cryptocurrency it is advisable to only invest only what can be affordable to lose,  Cryptocurrency requires patience to invest or trade in it.

I don't think it is correct to say cryptocurrency support to be financially stable. Among other things you said, I think it will not be appropriate to say that because cryptocurrency itself is not a stable investment, it fluctuates very fast and can go up or down like we are having the market go down down badly now with even more expectation that it will fall more. All wallets hodlers now can see for themselves what balance they have left in their wallet, so how stable is that ? Likewise a season will come that it will rise, that is fluctuation. I think it is an option for investment and alternative earning.
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May 15, 2022, 06:58:28 AM
 #156

The best advice for poor people who wanna get some crypto is "be active"! By that, I mean read and learn about crypto whenever you get a chance! Participate in everything you find interesting! It's how we all build experience! Crypto is so big, there's a lot of stuff around, and learning and developing never ends!

I know where the problem lies, poor people think short-term, and that's what holding them to start something! I know some people who are always short on money! I told them about crypto and how to learn something, but they wanted the money right away! Or tomorrow! They didn’t want to put in the effort and invest themselves before they started making money! At the time, Bitcoin was below $1,000, and Ethereum around $10!


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sklopan
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May 15, 2022, 01:22:34 PM
 #157

I would advise you to conclude for yourself that there are simply no easy options for earning money. With a high probability, this can lead to losses.
Oilacris
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May 16, 2022, 10:12:11 PM
 #158

I would advise you to conclude for yourself that there are simply no easy options for earning money. With a high probability, this can lead to losses.
In order for you to earn money then you do need to take some risk for you to do so.This doesnt really talks about being rich or being poor because the risk taken is just on the same.

It is really just the time and opportunity for you to do so because not all the times as a poor person who could dive in as much as they could since we know that this isnt something
simple to be done.You would really be that hesitant nor minding that much because your funds is limited but if you do eagerly wants to investment because you do see opportunity
then its up to someones choice.

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May 16, 2022, 11:49:29 PM
 #159

Nothing is available for free bro. You must have to invest something, it could be your knowledge or your labor or money. Now if you don't have anything in it then you have to start acquire knowledge first . Or you can do a bounty campaign and then you can start investment or trading from bounties profit.
Yep, nothing is purely free. Even participating in bounty, we need money to access the internet and we need money to have a bank account as a place to convert our profits to fiats. So, even if you are a poor person, you need money to start your journey in crypto space. But how much money we need, depends on the individual financial capacity and what the target is. If you only have a little money, don't target to have a huge profit. Just start from participating in events/activities/programs that require a little money. There should be some opportunities, just be active to find out the information about them. But yes, before participating or doing anything, make sure to have sufficient knowledge about it. So, don't forget about learning first.

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sensimilia
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May 19, 2022, 03:52:02 AM
 #160

The most common mistake that newcomers make is to buy on speculation. As a result, investors buy at a high price and sell at a low price. Most newcomers want to make money simply by riding the rally, without considering the coin's future or other factors that are driving it up. To avoid this problem, it is critical that you find an experienced individual who can guide you through each step of the process. MyCryptoParadise is the best option in this regard because they understand all market behaviours, their Crypto calls are perfect, and they can provide you with the best advice based on your trading objectives. Finally, If you are serious about trading, you should definitely follow them.
Newbies who are into the space for the first time, should take time and read PDFs that would be of great help to them. People who are not financial stable should only gofor coins that will pumped not the one that will dump on them. There are countless number of shitscoins in Crypto, some coins are there just to drained your Money, coins like TRX, let me say it's almost a stable coin. From year to year, it's doesn't pump rather it's just there in the space and the crypto Guru behind the projects just Abandon the project. Secondly, also go for coins that top influencers in the market quote about, influencers like Elon Musk, CZ.
Those who are the first to invest in cryptocurrency to trade here but they are not here to invest in Tate, they are just acting here to make this song their own.  All you have to do is have a good knowledge of the French currency, but then you can hold on to it. If you don't have a good knowledge of it here, you will never be able to make a profit.

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