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deucher

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deucher
deucherActive Contributor
Asked: August 14, 2023In: Money & Business

Do you want to start your own business?

For as long as I can remember, I always wanted to earn money and open some kind of business. For me, it was mainly the desire to open a car wash. And I am already quite close to fulfilling this ...Read more

For as long as I can remember, I always wanted to earn money and open some kind of business. For me, it was mainly the desire to open a car wash. And I am already quite close to fulfilling this desire.

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investmoney
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  1. spencer
    spencer Enlightened Mentor
    Added an answer on June 15, 2024 at 9:47 am

    Yes, a lot of people would want to start a  business but due to a lot of constraints much of which are hinged on finances they are not able to move forward and succeed in their endeavors. When you want to start a business it's ideal to plan for it based on reality, you might have to save money or raRead more

    Yes, a lot of people would want to start a  business but due to a lot of constraints much of which are hinged on finances they are not able to move forward and succeed in their endeavors.

    When you want to start a business it’s ideal to plan for it based on reality, you might have to save money or raise funds from family and friends to get started.

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deucher
deucherActive Contributor
Asked: August 14, 2023In: Crypto & Forex

Is Ethereum the King of Altcoins?

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap ...Read more

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ?

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altcoinsethereum
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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on August 14, 2023 at 1:40 pm

    Ethereum and Altcoins are widely used in the crypto space. Ethereum holds an important place in crypto market. It is due to its role for creating decentralized applications, and its effect on the development of the blockchain environment. At the same time, whether Ethereum can be considered as the kRead more

    Ethereum and Altcoins are widely used in the crypto space. Ethereum holds an important place in crypto market. It is due to its role for creating decentralized applications, and its effect on the development of the blockchain environment. At the same time, whether Ethereum can be considered as the king of altcoins is a matter of point of view of each individual, and can vary based on several factors.

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deucher
deucherActive Contributor
Asked: August 14, 2023In: Money & Business

How much have you lost on a bad business idea?

I personally did not lose a lot of money on a bad idea because I was able to stop in time and withdraw the invested funds, but I know people who invest funds and do not want to withdraw them ...Read more

I personally did not lose a lot of money on a bad idea because I was able to stop in time and withdraw the invested funds, but I know people who invest funds and do not want to withdraw them if even the business does not make money and in the end they lose everything. Have you lost money on some bad business ideas?

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businessideasmoney
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  1. yusra
    yusra Trusted Adviser
    Added an answer on August 14, 2023 at 4:02 pm

    I don't actually have personal experience with business losses or failed ventures. However, many entrepreneurs and business owners do encounter setbacks and failures when trying out new ideas that ultimately don't gain traction in the market. Launching a business or new product is always risky, andRead more

    I don’t actually have personal experience with business losses or failed ventures.

    However, many entrepreneurs and business owners do encounter setbacks and failures when trying out new ideas that ultimately don’t gain traction in the market. Launching a business or new product is always risky, and it’s impossible to predict success with total certainty. Some of the most successful companies today like Apple, Amazon and Groupon, actually failed multiple times or pivoted from bad initial ideas before finding a model that worked.

    Even substantial financial losses can sometimes lead to key learnings and future wins. The most resilient entrepreneurs don’t let losses or failures stop them. They analyze what went wrong to gain insights, adapt quickly, and use it as motivation to eventually achieve business success. There’s often wisdom in failure.

    Rather than dwelling on dollar amounts lost, it’s most constructive to reflect on the experience as a learning process and opportunity for iterate on ideas until discovering a profitable, sustainable business model. With grit and perseverance, missteps ultimately help sharpen business instincts.

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deucher
deucherActive Contributor
Asked: August 14, 2023In: Money & Business

How do you feel about trading?

I once had the experience of trading both cryptocurrency and ordinary assets such as the euro and gold and for me it was an interesting experience but unfortunately not very successful, I lost a lot of money and decided to ...Read more

I once had the experience of trading both cryptocurrency and ordinary assets such as the euro and gold and for me it was an interesting experience but unfortunately not very successful, I lost a lot of money and decided to leave and even now this field contains a lot of scammers. And I wonder what your attitude is to trade

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investmoneytrading
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  1. yusra
    yusra Trusted Adviser
    Added an answer on August 21, 2023 at 2:09 am

    Trading can be risky but also presents opportunities to profit from markets. It requires thorough research, discipline, and risk management. Active trading demands constant attention to markets, while passive trading like index funds requires less oversight. Different styles suit different investorsRead more

    • Trading can be risky but also presents opportunities to profit from markets. It requires thorough research, discipline, and risk management.
    • Active trading demands constant attention to markets, while passive trading like index funds requires less oversight. Different styles suit different investors.
    • Trading frequently can incur higher transaction costs and taxes compared to long-term buy-and-hold strategies. These costs should be incorporated in strategies.
    • Successful trading requires an analytical approach to identify opportunities while controlling emotions and bias.
    • Traders can benefit from continuous learning and development of their skills and strategies. Markets evolve rapidly.
    • Diversification and risk management are key for traders. Having all your capital in one trade magnifies potential losses from that trade.
    • Trading provides an outlet for those interested in finance and markets to be actively engaged. For some, it can offer an intellectual challenge.

    Overall, trading requires diligence, discipline and skill development but can be rewarding for those with the proper mindset and approach. There are both risks and opportunities, so one should follow strategies that match their goals and temperament.

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deucher
Poll
deucherActive Contributor
Asked: August 14, 2023In: Money & Business

What would you choose trading or mining?

It’s not the first year I’ve been making money online and I’ve tried both methods from this list and for me mining is much more interesting, although I earned much more in trading. Of course, these are completely different areas ...Read more

It’s not the first year I’ve been making money online and I’ve tried both methods from this list and for me mining is much more interesting, although I earned much more in trading. Of course, these are completely different areas and it is difficult to compare, but assuming that you know how to trade, what would you choose?

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miningtrading
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  1. spencer
    spencer Enlightened Mentor
    Added an answer on May 16, 2024 at 11:38 am

    I'd choose trading over mining because I like to be in control of what I do, trading can be controlled in a way, you can define your loss and profit levels and also do scalps where you can take profits quickly or take a swing trade. But mining is all about other people and they control who gets theRead more

    I’d choose trading over mining because I like to be in control of what I do, trading can be controlled in a way, you can define your loss and profit levels and also do scalps where you can take profits quickly or take a swing trade.

    But mining is all about other people and they control who gets the bounty or not, it’s strictly unidimensional, so you can’t control whether you make the list or not, I don’t like such games.

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deucher
deucherActive Contributor
Asked: August 14, 2023In: Money & Business

How to make your investment successfully?

When I earn money online, I always try to invest it to get even more income from it, and I don’t always get what I expect from the investment and I wonder how to make each investment successful so that ...Read more

When I earn money online, I always try to invest it to get even more income from it, and I don’t always get what I expect from the investment and I wonder how to make each investment successful so that I don’t lose precious time and money?

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investmoney
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  1. Mhizta Yan
    Best Answer
    Mhizta Yan Active Contributor
    Added an answer on August 14, 2023 at 1:19 pm

    We all invest in other to earn money from it. To make money on investment depend on how committed you are. Start Early: To be successful in your investment you need to start early. The earlier you start investing, the more time your investments have to grow. Diversify: Instead of investing all yourRead more

    We all invest in other to earn money from it. To make money on investment depend on how committed you are.

    Start Early: To be successful in your investment you need to start early. The earlier you start investing, the more time your investments have to grow.

    Diversify: Instead of investing all your assets in one investment platform, spread your investments across different asset classes either by stocks, bonds, real estate to reduce risk. Diversification can help balance potential losses.

    Successful investing requires a long-term perspective. Avoid chasing short-term gains and focus on your overall strategy.

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deucher
deucherActive Contributor
Asked: August 11, 2023In: Money & Business

Do beginners need to start with PTC sites?

We all started earning money on sites that paid us for simple actions, for example, likes, subscriptions and the like. But now the cost for such tasks has dropped a lot, so should beginners who want to earn money on ...Read more

We all started earning money on sites that paid us for simple actions, for example, likes, subscriptions and the like. But now the cost for such tasks has dropped a lot, so should beginners who want to earn money on the Internet start with such sites?

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earnsites
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  1. yusra
    yusra Trusted Adviser
    Added an answer on August 13, 2023 at 2:32 pm

    PTC (paid-to-click) sites that pay users small amounts for clicking on ads and links are sometimes promoted to beginners as easy ways to make money online. However, they are not ideal starting points for several reasons: Very low earnings - PTC sites typically pay fractions of a cent per click, leadRead more

    PTC (paid-to-click) sites that pay users small amounts for clicking on ads and links are sometimes promoted to beginners as easy ways to make money online. However, they are not ideal starting points for several reasons:

    • Very low earnings – PTC sites typically pay fractions of a cent per click, leading to tiny rewards for extensive time spent.
    • Requires high volumes – To earn even modest amounts, users have to click on hundreds or thousands of ads daily across multiple sites.
    • Prone to bots – Many sites are overrun with automated bots that make earning more difficult.
    • Requires referrals – Building large referral networks is often necessary to increase earnings on most PTC sites.
    • Lots of rules – Sites have many conditions and restrictions around cashing out that create friction.
    • Creates bad habits – Repeated clicking without actually reading teaches poor online user behavior.

    For beginners, affiliate marketing, reselling products, blogging, freelancing and similar activities are more educational, scalable ways to start earning money online and build sustainable income streams.

    PTC sites generally offer more hassle than valid income for the effort required. More rewarding options exist.

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deucher
Poll
deucherActive Contributor
Asked: August 11, 2023In: Money & Business

Tesla or Bitcoin, which do you choose to invest?

In the field of investing, people argue about whether to invest in cryptocurrency or stocks, and everyone has their own arguments. But Tesla shares can be called bitcoin in the field of shares, because in a very short period of ...Read more

In the field of investing, people argue about whether to invest in cryptocurrency or stocks, and everyone has their own arguments. But Tesla shares can be called bitcoin in the field of shares, because in a very short period of time they have grown in price very much and many people who believed in the mask then have earned a lot now. Which asset do you care more about?

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Poll Results

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Participate in Poll, Choose Your Answer.

cryptoinvesttesla
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  1. Mika
    Best Answer
    Mika Expert Mind
    Added an answer on August 11, 2023 at 6:06 pm

    Why do I have to choose between tesla and bitcoin, why can't I choose tesla as well as bitcoin? I think bitcoin and tesla both will have more value in the future. That's because the world is moving towards green energy, therefore, they will be more interested in tesla. Likewise, the world is also trRead more

    Why do I have to choose between tesla and bitcoin, why can’t I choose tesla as well as bitcoin? I think bitcoin and tesla both will have more value in the future. That’s because the world is moving towards green energy, therefore, they will be more interested in tesla. Likewise, the world is also trying to be financially free from the government, therefore, bitcoin will continue to grow bigger. If I have to choose just one, I will go for bitcoin

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deucher
deucherActive Contributor
Asked: August 11, 2023In: Crypto & Forex

Why would you invest in cryptocurrency if there are many risks involved?

I invest in cryptocurrency and I know that there are a lot of risks here, but this does not stop me because I know that I have knowledge that allows me to earn 10 percent of the invested amount in ...Read more

I invest in cryptocurrency and I know that there are a lot of risks here, but this does not stop me because I know that I have knowledge that allows me to earn 10 percent of the invested amount in one day. And I am ready to take such risks for the sake of profit. What are your reasons for investing in cryptocurrency?

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cryptoinvest
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  1. Svishok
    Svishok Expert Mind
    Added an answer on August 12, 2023 at 3:57 pm

    Investing in cryptocurrency carries both potential rewards and significant risks. Some investors are drawn to the space due to the potential for substantial gains. Early adopters of cryptocurrencies like Bitcoin have experienced remarkable returns on their investments. Additionally, the underlying bRead more

    Investing in cryptocurrency carries both potential rewards and significant risks. Some investors are drawn to the space due to the potential for substantial gains. Early adopters of cryptocurrencies like Bitcoin have experienced remarkable returns on their investments. Additionally, the underlying blockchain technology holds promise for transforming industries, which can be attractive to tech enthusiasts and forward-looking investors. Despite the risks, some individuals are willing to accept them as part of a calculated investment strategy. However, it’s important to note that every investment involves risk, and cryptocurrency is no exception. Those who choose to invest in this space should do so with a clear understanding of the risks, a well-researched approach, and a diversified portfolio that balances potential high-reward investments with more stable assets.

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deucher
deucherActive Contributor
Asked: August 11, 2023In: Money & Business

Have you invested in illegal schemes?

Personally, I have never invested money in similar topics and I don’t even want to start, but I’m just curious to know the opinion of people who may have accidentally invested money in something they didn’t know about and it ...Read more

Personally, I have never invested money in similar topics and I don’t even want to start, but I’m just curious to know the opinion of people who may have accidentally invested money in something they didn’t know about and it turned out to be illegal and maybe even dangerous for someone.

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investmoney
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  1. Mich_larry
    Mich_larry Active Contributor
    Added an answer on November 26, 2025 at 10:18 pm

    No, investing in illegal schemes is dangerous and can get you into serious trouble with the law, including losing all your money or facing criminal charges. Illegal schemes often promise quick or guaranteed profits, but they are scams or frauds. The safest way to invest is through legal, regulated cRead more

    No, investing in illegal schemes is dangerous and can get you into serious trouble with the law, including losing all your money or facing criminal charges. Illegal schemes often promise quick or guaranteed profits, but they are scams or frauds. The safest way to invest is through legal, regulated channels like banks, government bonds, or licensed investment platforms. Always research carefully, avoid “get rich quick” offers, and make sure the opportunity is approved by official financial authorities before investing.

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