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deucher

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Ask deucher
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  1. Asked: August 6, 2023In: Money & Business

    Crypto Vs. Real Estate: Which is a Better Investment?

    deucher
    deucher Active Contributor
    Added an answer on April 18, 2024 at 2:02 pm

    As a crypto investor, I can definitely say that real estate is a much better product for investing. The main reason is stability, because you shouldn't expect any stability in cryptocurrency, and watching the real estate market in recent years, I saw that prices are constantly rising and I really reRead more

    As a crypto investor, I can definitely say that real estate is a much better product for investing. The main reason is stability, because you shouldn’t expect any stability in cryptocurrency, and watching the real estate market in recent years, I saw that prices are constantly rising and I really regret that I don’t have the funds to buy an apartment for sale. BECAUSE 4 years ago, a one-room apartment in my city cost 30 thousand dollars, and now it costs 45

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  2. Asked: September 19, 2023In: Money & Business

    Can you actual;ly make a lot of money from penny stocks?

    deucher
    deucher Active Contributor
    Added an answer on April 18, 2024 at 2:00 pm

    You can make money from this, but you definitely won't get rich because such companies are not interested in the profits of investors and they want to earn the most for themselves. However, there are some value stocks at low prices. For example, I had trouble making money with Virgin Galactic even bRead more

    You can make money from this, but you definitely won’t get rich because such companies are not interested in the profits of investors and they want to earn the most for themselves. However, there are some value stocks at low prices. For example, I had trouble making money with Virgin Galactic even before they started talking about flying to Komos for tourists, their shares were worth about 5 dollars, and then when this event happened, the price rose to more than 30 dollars

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  3. Asked: April 16, 2024In: Money & Business

    How can I make $15 per month passively online?

    deucher
    deucher Active Contributor
    Added an answer on April 18, 2024 at 1:56 pm

    There are many ways to achieve this, but they all require a lot of ideas. For example, YouTube can bring a lot of passive income, but you need to spend a lot of time to create a strong brand and then people will watch your videos constantly. I don't have such skills, so for me personally, investingRead more

    There are many ways to achieve this, but they all require a lot of ideas. For example, YouTube can bring a lot of passive income, but you need to spend a lot of time to create a strong brand and then people will watch your videos constantly. I don’t have such skills, so for me personally, investing has become the easiest solution. And I have invested more than $1000 in cryptocurrency staking and now I get a little more than $20 a month passively

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  4. Asked: September 1, 2023In: Money & Business

    What exactly is the best way to achieve massive wealth?

    deucher
    deucher Active Contributor
    Added an answer on April 18, 2024 at 1:28 pm

    In my opinion, in order to become massively wealthy, you must first understand what you want and understand that you need to make many changes in your life. Winter thinking is what I read about in books most often, because if you just start investing, but do not save money and spend on unnecessary tRead more

    In my opinion, in order to become massively wealthy, you must first understand what you want and understand that you need to make many changes in your life. Winter thinking is what I read about in books most often, because if you just start investing, but do not save money and spend on unnecessary things, nothing will come of it. In order to do this as soon as possible, you need to work very hard and invest a lot by reducing your expenses

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  5. Asked: April 17, 2024In: Money & Business

    How can a Beginner get Started in Investing?

    deucher
    deucher Active Contributor
    Added an answer on April 18, 2024 at 1:22 pm

    When I first started investing, I made a lot of mistakes because I didn't pay attention to the fact that in order to invest first you need to learn at least the basic things and I didn't do that. A beginner needs to spend time learning in order to avoid unnecessary expenses and losses of money and tRead more

    When I first started investing, I made a lot of mistakes because I didn’t pay attention to the fact that in order to invest first you need to learn at least the basic things and I didn’t do that. A beginner needs to spend time learning in order to avoid unnecessary expenses and losses of money and then decide what is best for his wallet. In my opinion, it is worth starting with such a simple purchase of shares from a broker and in small parts

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  6. Asked: April 17, 2024In: Money & Business

    How To Make Your Money Work For You?

    deucher
    deucher Active Contributor
    Added an answer on April 18, 2024 at 1:17 pm

    I never thought before that my money would work for me, but it became very difficult for me to live paycheck to paycheck because I started spending a lot of money on things I didn't need. The very first method that I used for myself was an investment in a bank. I understand that this is a bad idea,Read more

    I never thought before that my money would work for me, but it became very difficult for me to live paycheck to paycheck because I started spending a lot of money on things I didn’t need. The very first method that I used for myself was an investment in a bank. I understand that this is a bad idea, but for me it was for experience and not for profit because the profit did not exceed inflation. Then when I studied most of the material I started investing in stocks

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  7. Asked: September 26, 2023In: Crypto & Forex

    How can one perfect the act of trading on binance?

    deucher
    deucher Active Contributor
    Added an answer on April 17, 2024 at 10:45 am

    Cryptocurrency is a very unpredictable asset and it doesn't matter if you have a lot of knowledge, because you can never predict a sharp drop in price. The most important thing is to control emotions and use stop loss, because only with such methods you can protect yourself from unexpected losses. ARead more

    Cryptocurrency is a very unpredictable asset and it doesn’t matter if you have a lot of knowledge, because you can never predict a sharp drop in price. The most important thing is to control emotions and use stop loss, because only with such methods you can protect yourself from unexpected losses. And in my opinion, it is not worth risking a large amount of funds because one day you may not get enough of it because such trading is too risky and you need to distribute funds also in more conservative profit methods

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  8. Asked: September 1, 2023In: Money & Business

    How do i learn forex trading?

    deucher
    deucher Active Contributor
    Added an answer on April 17, 2024 at 10:39 am

    To begin with, you should understand that this requires a lot of time and even more than you think, and you may think that you are ready to wait that long, but you should ask yourself if you are ready to learn and wait for more than 5 years of profit. If so, then you should start studying all possibRead more

    To begin with, you should understand that this requires a lot of time and even more than you think, and you may think that you are ready to wait that long, but you should ask yourself if you are ready to learn and wait for more than 5 years of profit. If so, then you should start studying all possible free materials while you have a lot of motivation and start learning on a demo account, because the more you practice, the more you will be able to learn from your own mistakes

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  9. Asked: September 27, 2023In: Money & Business

    Can one open a savings account in the bank?

    deucher
    deucher Active Contributor
    Added an answer on April 17, 2024 at 10:37 am

    I don't know how it happens in other countries, but in my country you don't even need to open a separate account, and you can immediately start investing or saving money on your account. Now it's all highly automated and digitized, so it's all possible to set it up in your bank's app account and notRead more

    I don’t know how it happens in other countries, but in my country you don’t even need to open a separate account, and you can immediately start investing or saving money on your account. Now it’s all highly automated and digitized, so it’s all possible to set it up in your bank’s app account and not even leave your home and you don’t even need to talk to the manager. This is very beneficial because in this way you can avoid unnecessary costs and commissions

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  10. Asked: August 30, 2023In: Money & Business

    Is it good to buy property through loan?

    deucher
    deucher Active Contributor
    Added an answer on April 17, 2024 at 10:32 am

    For those who know how to manage their money, it is definitely beneficial because now banks give out very good loans for buying real estate and you can earn a small amount of money, but you also need to be able to get this loan because, after all, not everyone who wants it can be given, for example,Read more

    For those who know how to manage their money, it is definitely beneficial because now banks give out very good loans for buying real estate and you can earn a small amount of money, but you also need to be able to get this loan because, after all, not everyone who wants it can be given, for example, $50,000. However, if you have a stable and well-paid job, this type of investment can be very profitable, and thanks to this method, I think you can start earning so much passively that you don’t even need to work for a company yourself.

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