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Author Topic: HOW DO YOU MAKE MONEY WITH LESS MONEY?  (Read 979 times)
uswa56
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August 25, 2023, 10:16:46 AM
 #41



Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.




Well taking risks  is normal because without risk one can't go far even life itself is a risk, but taking risk which is outside of the box isn't advisable  at least if you wish to risk it all don't risk it once do it in segment
Whatever it is we also have to be realistic and do the calculations before doing anything, I never thought taking too much risk would be an advantage, just try it on memes and expect 100x maybe you won't get it in dozens of tries.
It's true, it's better to avoid it, all of us want profit but it also has to be realistic.
In my opinion, it's better for us to do it slowly with small capital to take potluck profits and continue to do the same thing over and over for a long time.
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Mpamaegbu
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August 26, 2023, 06:16:59 PM
 #42

Having limited funds doesn't mean you're at a disadvantage compared to those with more money. Someone with $200 - $500 to invest in BTC or ETH might be wondering when they'll see results.
You seem to have easily forgotten that the more money you invest into a project, the greater the chances are that you will make bigger profit if things turn out well than those with little investment. Therefore, I disagree with you on that.

Quote
Dropping $2 billion into ETH, and two years later, getting a 5x return, could lead to a "lucky" 10 billion. Meanwhile, someone with $2,000 investing in ETH, seeing it 5x, would also end up with 10 billion...
This is a joke of an explanation. Do you mind explaining it further? Perhaps I could be the slow one with understanding here.

Quote
Farming Airdrops:
Rolling rewards are also quite smooth. Focus on L2 Ethereum solutions.
Airdrops are just like a raffle draw. No one should depend on them to earn a living. Most times, the projects promising to airdrop don't even release the airdrops at the end.

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August 26, 2023, 08:53:37 PM
 #43



Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.




Well taking risks  is normal because without risk one can't go far even life itself is a risk, but taking risk which is outside of the box isn't advisable  at least if you wish to risk it all don't risk it once do it in segment
Whatever it is we also have to be realistic and do the calculations before doing anything, I never thought taking too much risk would be an advantage, just try it on memes and expect 100x maybe you won't get it in dozens of tries.
It's true, it's better to avoid it, all of us want profit but it also has to be realistic.
In my opinion, it's better for us to do it slowly with small capital to take potluck profits and continue to do the same thing over and over for a long time.
True, trying to just do that kind of risk is somehow like a degen like thing. It maybe effective for others but I'm sure that it's not the option that majority of the people want to take or successfully execute that kind of strategy. I myself tried doing high risk trading before on futures as an experiment but yeah I ended up burning all of my allocated funds on it because of how hard it is and the amount of luck you need to have is huge. Slow and steady is I think good for majority especially if they want to gather more experience in doing trades or investments.
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August 26, 2023, 09:01:53 PM
 #44

Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.
This seems really like a gambling. If you luck, you will be rich, if you are not luck, you will be poor. haha
Doesn't matter how you are going to earn money and provide a decent living. but make sure that you are ready with all the risks and do whatever you really can. Don't cross the line and follow other people's directions that you may not necessarily be able to. Others may come up with really promising calculations, but in truth, it's not guaranteed to work. especially here, playing with high risk on shit coins? Well, this is the easiest way to lose your money.

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August 27, 2023, 05:38:51 PM
 #45

the risk of trading futures, or meme coins is a big risk. if you only have $150, and that money is really important to you, you should not choose this path, especially if you are new to this investment.
with $150, trading is probably the best option to make money on the internet with high profits, it's just that it takes time to learn, and also patience. Another thing you can do is look for jobs like bounties or airdrops to increase the money you have. after that, you probably have quite a few more options.
Trading futures is still a form of trading. It is still risky. There are better options than in trading to make money. One of the famous is Bitcoin investing but given that the said amount is important to him, then it's better to just keep it in the vault.

We should start with different money which has a less sentimental value. Bounties and airdrops on the other hand, doesn't require a capital and it make sense because the earn rate on them is low and less profitable but there are measures that we can follow to increase our success rate. I'd still recommend to work for a real job to earn money quickly and that should give us confidence to do our desires, be it trading, trading futures, investing in meme coins, etc..

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August 27, 2023, 07:43:12 PM
 #46

Maximize Risk-Taking:
Be careful of high leverage, they can end you and put you in debt even before you make any real profit from trading.They are attractive but also dangerous and should be avoided by every trader especially the inexperienced ones who are just new to trading. Risk is encouraged, but it should not be taken blindly when you as a trader know that you are not in a position to handle the dangers that come with taking risk.

Maximize your risk wisely.

Because leverage is a double-edged sword. As much as it can make you a lot of money, it can also erase your funds in an instant. Especially if you don't have the idea yet of computing lots sizes or position sizing. It's is true that the greater the risk the greater the reward. But too much taking risk just in one trae is just like gambling. It will only develop bad habits throughout your trading career instead of being a consistent one.

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August 27, 2023, 10:21:59 PM
 #47

the risk of trading futures, or meme coins is a big risk. if you only have $150, and that money is really important to you, you should not choose this path, especially if you are new to this investment.
with $150, trading is probably the best option to make money on the internet with high profits, it's just that it takes time to learn, and also patience. Another thing you can do is look for jobs like bounties or airdrops to increase the money you have. after that, you probably have quite a few more options.
Trading futures is still a form of trading. It is still risky. There are better options than in trading to make money. One of the famous is Bitcoin investing but given that the said amount is important to him, then it's better to just keep it in the vault.

We should start with different money which has a less sentimental value. Bounties and airdrops on the other hand, doesn't require a capital and it make sense because the earn rate on them is low and less profitable but there are measures that we can follow to increase our success rate. I'd still recommend to work for a real job to earn money quickly and that should give us confidence to do our desires, be it trading, trading futures, investing in meme coins, etc..

or maybe, we need to get out of this market to find alternative earning activities, like real side jobs. because let's admit the fact that most of these airdrops or bounties are just a waste of time. so instead of allocating your time on this, just find real side jobs that will give you real money in return. but if you are up to tracking all these airdrops, and you have so much time, then it is your prerogative to do so. however, you need to open yourself for not earning from these endeavours. after all, it is free to participate. or instead, why not offer some of the services that you are good at?

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August 28, 2023, 03:17:02 AM
 #48


WORK to Earn:
Find ways to increase your income. If Grab/Ubers isn't enough, go do some grunt work or community management. Maybe you'll make $50/month and chuckle about it. 🤣

Every player has a different strategy. Every flower has its own branch, every home its scene. Remember, don't lump everyone together.




Although if you earn $50 dollars a month, you will see that you will smile because it is so little. But if we notice that there are many people who can't earn like this at the end of the month, then I would say it would be a good step if the community management. However, when you don't have money, it's best to start earning from a small amount and if this $50 dollars is earned in a month, it will be possible to increase the money later. Because if you start trading with $50 dollars and gradually earn $2 to $1 dollar every day with less risk then it will turn into good money. But every player has to adopt his strategy and he has to acquire enough skills only then he can make money by trading.

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August 28, 2023, 05:26:17 AM
 #49

Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.
Such investments should never be made in crypto platform. Although many consider it as a lottery. Those who invest their savings in any such asset they deserve a high chance of losing. So I will never encourage to invest in the mentioned coins. Because those who invested in the past are gone. Invest in an asset that can be recovered over a long period of time so as not to lose the hard-earned money. Risk must be taken in crypto but it must be taken on a platform that is able to minimize your risk and after a certain period of time you can get a good return on your investment.

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August 28, 2023, 08:58:46 AM
 #50

Engage in business that requires smaller amount of capital, yet the demand is high especially if it’s placed in its perfect location. When I say perfect, it also means there is less competition around which makes your business the center of the people’s demand. That way, regardless how small your business at the start, it will surely grow because the scope of your business is wide and not limited.

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August 28, 2023, 12:44:43 PM
 #51

Engage in business that requires smaller amount of capital, yet the demand is high especially if it’s placed in its perfect location. When I say perfect, it also means there is less competition around which makes your business the center of the people’s demand. That way, regardless how small your business at the start, it will surely grow because the scope of your business is wide and not limited.

So hard to find a business where you can't find any competition since almost all of the ideas are present and to many running business are continuously operating so maybe its hard for someone especially for those low capital to establish some business using a small amount of money.

Maybe if he can able to rent or own a land on a crowded place then maybe he can try to open up a pay parking business since from this you will not spend a lot of money to establish this business and you only need to hire some several people to help you operate this type of business.

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August 28, 2023, 01:00:36 PM
Merited by The Sceptical Chymist (3)
 #52

Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.
Such investments should never be made in crypto platform. Although many consider it as a lottery. Those who invest their savings in any such asset they deserve a high chance of losing. So I will never encourage to invest in the mentioned coins. Because those who invested in the past are gone. Invest in an asset that can be recovered over a long period of time so as not to lose the hard-earned money. Risk must be taken in crypto but it must be taken on a platform that is able to minimize your risk and after a certain period of time you can get a good return on your investment.

what he did was like he was gambling. because the possibility of loss from trading leverages is quite high. if you want to minimize the risk use small leverages. it can still be profitable even if it's small. in trading ambition to get a high multiplier will lead us to loss.
if you want to trade or invest, the most important thing is to choose the right asset.


Engage in business that requires smaller amount of capital, yet the demand is high especially if it’s placed in its perfect location. When I say perfect, it also means there is less competition around which makes your business the center of the people’s demand. That way, regardless how small your business at the start, it will surely grow because the scope of your business is wide and not limited.

So hard to find a business where you can't find any competition since almost all of the ideas are present and to many running business are continuously operating so maybe its hard for someone especially for those low capital to establish some business using a small amount of money.

Maybe if he can able to rent or own a land on a crowded place then maybe he can try to open up a pay parking business since from this you will not spend a lot of money to establish this business and you only need to hire some several people to help you operate this type of business.

all businesses will make competition in the market. it will naturally happen.
if we start a business that does not have competitors from the start, like the parking lot you said. do not rule out if the business looks very good to the people around you, it will create its own competition when other people also open the same business.


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August 28, 2023, 01:40:58 PM
 #53

~
If you have a modest amount, let's say $150 a month to invest, here's a mindset to consider:

Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.

Full-On Portfolio:
For you, diversification might not be the key. Go all in on a project. With less money, you need to make a big impact. Going all in could be a life-changer.

Farming Airdrops:
Rolling rewards are also quite smooth. Focus on L2 Ethereum solutions.

WORK to Earn:
Find ways to increase your income. If Grab/Ubers isn't enough, go do some grunt work or community management. Maybe you'll make $50/month and chuckle about it. 🤣
Between the 4 things that you said, the only thing that I did in my whole crypto journey was the 4th one. I did work to earn some money, and still doing it today.

For the first one, it's a hit or miss. It's either you will either become a millionaire or a loser at all. TBH, this is more risky than gambling because investing into meme coins have little to no chance of winning while if you are gambling, you have at least a higher chance of winning especially if you are knowledgeable on the particular sport/bet that you are doing. Personally, I don't recommend this one especially for the newbies out there... but it's your money so you have the final decision.

As for the 2nd one, I get the point, and I agree with it. There's no point in diversifying your money into different assets if you have a low budget on investing. You can't maximize your profits if you spread your money too much. There's nothing wrong with it, but there's a limitation on diversifying your money.

As for the 3rd one, TBH I tried this one, but it's harder than I thought. You spend time participating in these airdrops, and you don't even know if you are eligible for the airdrop or not. There are also times where you are doing the certain tasks that they're requiring, and yet you aren't eligible. Overall, there's nothing wrong with participating in airdrops especially if you didn't invest any money, but these airdrops are like "one in every 100 new projects".

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August 28, 2023, 04:04:08 PM
 #54

Maximize Risk-Taking:
Be careful of high leverage, they can end you and put you in debt even before you make any real profit from trading.They are attractive but also dangerous and should be avoided by every trader especially the inexperienced ones who are just new to trading. Risk is encouraged, but it should not be taken blindly when you as a trader know that you are not in a position to handle the dangers that come with taking risk.

Maximize your risk wisely.

Because leverage is a double-edged sword. As much as it can make you a lot of money, it can also erase your funds in an instant. Especially if you don't have the idea yet of computing lots sizes or position sizing. It's is true that the greater the risk the greater the reward. But too much taking risk just in one trae is just like gambling. It will only develop bad habits throughout your trading career instead of being a consistent one.
Absolutely. Leverage can have its own advantage, but for most of the inexperienced traders, it could be a great disadvantage that’s why newbies are advise to stay away from leverage trading. However, if you can use leverage trading wisely, and you’re well aware of its present and future risks, that way it could be an advantage as a trader. The important thing here is identifying and understanding the risk involved, so that you’ll be guided whether or not to use leverage depending on how capable you are as a trader.

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August 28, 2023, 04:35:32 PM
 #55

Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.
Wait what? Are you suggesting taking risks like that? Just because you are investing what you can afford to lose doesn't mean you should lose all willingly. Every trade contains risks, NGL, but that's why we use risk management. This gives us the advantage to keep the loss to minimum and maximize our profits. But saying things like this and encouraging people to use high leverage is misleading.
[
Op was just contradicting himself throughout each step of the way down the thread, and it perplex me to ask is OP just trying to catch cruise with us or is he really serious about all what he has said.

He's advised that a trader should go all in on a project or should take huge features leverage of x100, like how does he expect a trader with less money to go all in into such preposterous manner of trading that has little or no chance of winning a trade but the making of elephantine losses. I peck it to be a gambling strategic and not for trading, because there's no risk management in all of that, it's not even about investing what you can afford to lose, it's foolish to act so.

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August 28, 2023, 04:49:49 PM
 #56

Yes maximising risk intake can surely help you earn more money by small investments. But you are ignoring the fact here that, the risk you are willing to take is increasing, and with the increase in risk, the chances of getting losses also increases. Hence its better to get less profits than no profits. So I won’t advise anyone to follow this to make quick money. Moreover you can’t get rich overnight by doing nothing. You have to start slow and it takes time to make good amount of money without doing any illegal activity.

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August 28, 2023, 04:59:52 PM
 #57

Whatever it is we also have to be realistic and do the calculations before doing anything, I never thought taking too much risk would be an advantage, just try it on memes and expect 100x maybe you won't get it in dozens of tries.
It's true, it's better to avoid it, all of us want profit but it also has to be realistic.
In my opinion, we should do it slowly with small capital to take potluck profits and continue to do the same thing over and over for a long time.

That is on point, You know most of us are victims of this because of greed, and we also forget that the same way in which we make a profit out of it investing a significant amount of money, is also how we are going to lose it if we got screwed in the process; therefore we need to always think on both sides before taking any investment decision or investing our hard earn money in cryptocurrency.



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August 28, 2023, 07:14:39 PM
 #58

Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.

This is true that acceptance risk in some field is necessary to take the reward but as you mentioned the type of taking risk is totally a bad decision which should always be avoided. If you select your reward on your luck they its a type of gambling so it refers to the fact that result will always be negative.

There are numerous ways through which one can get greater reward by using less amount of money but if one think that by using 1$ and he will get 100$ after a minute then its a foolish behavior. Without gambling there are other options too but people cannot wait for it but yearns for getting more in a second so result of rapidness is also failure.









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August 28, 2023, 10:24:52 PM
 #59

Their is something I want you to understand concerning  investment, investment the profits have to do with the Amount of funds use for the investment the larger the funds the larger the profits and that is applicable to the to loss, when you invest small amount of funds when the lose manifest or occurs you will lose small but if you higher amount when the lose occurs you will also lose higher, so that's one of the advantages of investing with higher amount and also investing with low amount.

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August 28, 2023, 10:48:25 PM
 #60

Engage in business that requires smaller amount of capital, yet the demand is high especially if it’s placed in its perfect location. When I say perfect, it also means there is less competition around which makes your business the center of the people’s demand. That way, regardless how small your business at the start, it will surely grow because the scope of your business is wide and not limited.

So hard to find a business where you can't find any competition since almost all of the ideas are present and to many running business are continuously operating so maybe its hard for someone especially for those low capital to establish some business using a small amount of money.

Maybe if he can able to rent or own a land on a crowded place then maybe he can try to open up a pay parking business since from this you will not spend a lot of money to establish this business and you only need to hire some several people to help you operate this type of business.
True, almost business ideas have already existed and expect that there would really be competition.We know that if theres a current trend or business then expect that there would really be copycats on which it would really be making the market to be saturated by this type of business on which it would really be that a common approach that you would really be needing to apply something unique or whatever methods and ways that you would be integrating just to hook up people.This is why investment options arent really that still that an assured thing on making yourself do guaranteed profits. Market competition would be always present and something that
cant really be wiped on and its always been there.

Among on those choices?
Leverage or Futures trading? Not all get succeeded on this one
All in with project coins or tokens? Always accompanied with risks
Airdrop? Most project are shit
Side-hustle? This is what i do prefer, if you do have other skills which you can able to utilize then it would be best that you do go with this route but as much as possible
then diversification and time management would be the key.

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