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Author Topic: Just lost my job, new yorker here, what to do next?  (Read 277 times)
Elias03r (OP)
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May 10, 2022, 11:50:03 PM
 #21


[/quote]

In this situation, you must use your money wisely. Also, you can invest in NFT projects, I think that they have a great potential in the early future. I am involved in one interesting project right now. Thee have a great community that helps a lot of people and takes part in various project events. I can give you advice about investment, so you can write me a message. I would be glad to help you.

[/quote]

Tried to pm you but newbies are not allowed to message you it seems, yes im new to this forum but I have been studying crypto on and off in my spare time. Will check out upwork and see thanks guys. Let me know of other Economical gigs 👍🏼
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May 11, 2022, 12:01:47 AM
 #22

doing gigs not to mention in field of NFT hasn’t been worth for so long.
the market is already too competitive to the point that the thing you done might not be valued at all. Maybe just keeps on focusing in doing uber eats I guess because currently we are in the brink of crisis and at the same time applying for a new job i’m sure you can do it.
investing in cryptocurrency is like massive unwise decision at this current bearish, basically you could be throwing away your money for investment and returns nothing. i’d definitely refrain from doing so.
Elias03r (OP)
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May 11, 2022, 01:50:32 AM
 #23

doing gigs not to mention in field of NFT hasn’t been worth for so long.
the market is already too competitive to the point that the thing you done might not be valued at all. Maybe just keeps on focusing in doing uber eats I guess because currently we are in the brink of crisis and at the same time applying for a new job i’m sure you can do it.
investing in cryptocurrency is like massive unwise decision at this current bearish, basically you could be throwing away your money for investment and returns nothing. i’d definitely refrain from doing so.

This helped a lot ty.
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May 11, 2022, 03:30:12 AM
 #24

Life is not the same for everyone and since you are residing in that part of the world your savings are almost worth nothing there, What I mean by that is you can't even purchase a house with that amount in that country while in other countries it is worth a fortune. I think you need to have your own business that would support your everyday needs with a portion of that money and might consider working a part-time job as well because it's not recommended for you to sell those altcoins right now since the current price in the market is not pleasing.

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May 11, 2022, 03:44:46 AM
 #25

You could just look to save more crypto and go big into DeFi. I mean real big. Do some stable coin staking or liquidity provider staking, that's a better passive income, to me
As long as it's still better for you, then do it forever because other people also have different jobs to serve as passive income fields in the crypto space because every new thing that enters the crypto space always provides an opportunity for everyone who takes advantage of it at the beginning before a new trend go out and kill an old trend.

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May 11, 2022, 04:42:43 AM
 #26

You still have savings left over that can be used for trading, investment takes a long time, what you need now are to earn a regular income for your daily living expenses so your savings do not decrease. Daily trading can be done, or weekly at the latest. Do it slowly, if you see a profit, immediately do a stop loss. Do not forget the initial goal to avoid being greedy.

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May 11, 2022, 04:54:15 AM
 #27

You can invest or trade on market for double up your money!!  Bitcoin price is now more dump and its in a support level just check it for a while and invest on a good coin when its start pumping you can make your money double in this way better analysis market.

This is a horrible and irresponsible reply. While you CAN double your money with trading or investing, odds are that you are going to lose them if you don't know what you are doing. And especially if you now what you are doing you'll know that it's still a high risk game.

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May 11, 2022, 08:20:23 AM
 #28

if you are really a beginner in investing you must learn to understand it first, my advice is to find your community, there you can learn with them once you dare to take risks in investing. Just a reminder, cryptocurrency to survive is a difficult thing here you don't get stable results like you work for real, if you may it's better to find a new real job.

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May 11, 2022, 08:29:36 AM
 #29

I don't know if you'll understand this or not, but there are a lot of people out there who have a miserable life. Consider yourself lucky to still have a place to rest and be able to buy a salary. real. Optimistic about how things are going and see if you can earn money to sustain your life or other big things. One day you will also take for granted what you are attempting to pursue, and perhaps you will find the answer on your own without having to listen to anyone telling you what to do. Are you ready to accept a life without being bound by the things around you.

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May 11, 2022, 08:34:50 AM
 #30

In my opinion don't try your last fund and test crypto beside try to look for another source of income as the crypto right now are crashing and really volatile and if you are going to spend it all in crypto the risk you are facing is high. If you can have another job online or hidden skills maybe you can use it I think that is more better than investing to coins like Dogecoin or Shiba. I suggest that don't sell it yet and maybe just hold it than accepting that you lose.

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May 11, 2022, 08:38:50 AM
 #31

Dont want to sell my 2k worth of both dogecoin (25 cent avg) and shiba inu xxxx3750 (avg), invested 3k in loopring (2.07 avg), doing uber eats to survive, waiting for unemployment, living in a tent by bryant park, how can I make money off NFT's? Any other economical gig I can do???

Thanks....this Lad is severly struggling, covid made my job go out of business, 5K left in savings.
Actually its kinda hard to risk some of your 5k savings left. Especially now that the market is volatile. Why not review yourself and find a skill work job that fits you. Its not recommendable to risk it on crypto trading or nft for now as the market is really volatile it might caught your savigns off guard and lose it.

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May 11, 2022, 08:57:25 AM
 #32

Feel bad for your situation, but investing last money into crypto is not the best solution. I would even say, that crypto is not a solution in your situation at all. Because it is risky and long term.

You pay attention to NFT, because it is in trend, and you have heard how people made fortune with NFT (for example by selling high price basic pixel pictures any kindergarden kid can draw) and you want to fix your situation quick. Things does not work like this. In fact, investing money in NFT now will only make your situation worse imo.

P.S. Wont government support citizens when they lose jobs?

R


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May 11, 2022, 09:12:50 AM
 #33

learn about NFT, join the community about NFT you can make many friends there, share information with them, occasionally dare to take risks with the capital you have. But if you are a worker before I remind you here there is no fixed income, you can get big, small, or even lose depending on how lucky you are and how you can seriously follow the project.

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danherbias07
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May 11, 2022, 09:47:28 AM
 #34

This helped a lot ty.
Finished reading all your answers. Just one big question. Why NFTs? If you are having a bad time, don't you think it's looking for a job first before you go investing? Because NFTs are not cheap and will not give you returns in a short span of time. That means if you just have a sufficient amount of money for your necessities then you might go hungry while ROI or profits are not coming yet.
Upwork is a good platform, I had a job there before that pays well. The contract is finished though so I am also like you trying to look for a job that suits my skills.

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May 11, 2022, 01:05:00 PM
 #35

survival is with effort and prayer, financial gaps always have dqlam of our lives, you, me, and others, all feel, especially in the midst of pandemic, there is a lot of work termination towards employees, do not hesitate to keep trying, especially there are assets that are still valuable Doge and Shiba, curious about the situation, there are assets that are still saved, why not sold and make business capital, my advice you try to explore in Udemy and LinkedIn to work that can produce. Try focusing on making YouTube videos, or others. The choice is in your hands, you can determine now, what work you love according to your hobby.
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May 11, 2022, 01:28:43 PM
 #36

Dont want to sell my 2k worth of both dogecoin (25 cent avg) and shiba inu xxxx3750 (avg), invested 3k in loopring (2.07 avg), doing uber eats to survive, waiting for unemployment, living in a tent by bryant park, how can I make money off NFT's? Any other economical gig I can do???

Thanks....this Lad is severly struggling, covid made my job go out of business, 5K left in savings.

Unfortunately, the market is down now, don't rely on making a living out of Cryptocurrency, there's a lot of uncertainty, I'm sure you already read or hear this, only invest money that you can afford to buy, you're already not in a stable job so don't look for projects to invest anymore, just make sure that you are healthy in this trying times, or all that you've got will vanish we are still in a pandemic, just keep looking for a day time job, I'm sure with your skills and persistence you will find one.

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May 11, 2022, 03:30:34 PM
 #37

Dont want to sell my 2k worth of both dogecoin (25 cent avg) and shiba inu xxxx3750 (avg), invested 3k in loopring (2.07 avg), doing uber eats to survive, waiting for unemployment, living in a tent by bryant park, how can I make money off NFT's? Any other economical gig I can do???

Thanks....this Lad is severly struggling, covid made my job go out of business, 5K left in savings.

Unfortunately, the market is down now, don't rely on making a living out of Cryptocurrency, there's a lot of uncertainty, I'm sure you already read or hear this, only invest money that you can afford to buy, you're already not in a stable job so don't look for projects to invest anymore, just make sure that you are healthy in this trying times, or all that you've got will vanish we are still in a pandemic, just keep looking for a day time job, I'm sure with your skills and persistence you will find one.

yes you are right,,, don't make crypto as your permanent job, especially when you don't have a job when things are unstable like now, it's best if you look for a job that can generate wages per day so you can use it for your needs, crypto is a job that can't be used as a benchmark, because sometimes you can't use it when you need it right away, I think crypto is a long-term investment, and a side job, if you expect your income from crypto then it is a very big mistake.

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May 11, 2022, 03:35:47 PM
 #38

I think and I believe you would find a job off the internet, you just have to try finding one tat suits your skills and preferences. Nowadays, a lot of people have survived through working online, and I too believe that you can do it, and get pass through this challenges you are faced right now. Aside from the mentioned websites for freelancing, there many other job offerings online, you just have to search.

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May 11, 2022, 03:39:10 PM
 #39

Get another job, do not be deceived into a crypto investment right now because you can't make a living out of it, even if I advise you to learn trading its still going to be a long term strategy, to fully understand how trading works takes time too so you need money to survive.

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May 11, 2022, 06:18:45 PM
 #40

I'm sorry to hear about your difficult situation, but at such a difficult time investing in NFT is a way to make things worse. Now your investments will resemble gambling, where the risk will exceed any possible profit, and buying NFT is not the best investment either, especially if you don't know about this industry. Maybe soon the market will recover and you will be able to use cryptocurrencies to improve your financial situation, but if not, then what? Then you will lose even more money.
Investing, regardless of the kind of investment, will always be risky as it is. So i won't advise you to invest for now as you only have few bucks left. Prioritize your needs first, and when you get an extra income, that's the time to invest, but never in NFTs as they will not give you long term profits. For the meantime, just wait for the market to recover, and only then you can sell the coins you are hodling.

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