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Crypto Trading and Business, What's more profitable?
It is not possible to give exact answer on whether crypto trading can be profitable to a business can be profitable. It depends on your skills, strategies, money you have invested, market conditions etc. Trading and business both carry risks and it is not always possible to profit form these two thiRead more
It is not possible to give exact answer on whether crypto trading can be profitable to a business can be profitable. It depends on your skills, strategies, money you have invested, market conditions etc. Trading and business both carry risks and it is not always possible to profit form these two things, you are also prone to losing money. Trading and business both require a careful planning and you should also have required experience
See lessHow long can we invest money to again what we invested?
It is really difficult to give an exact time frame for your investment to give back your seed money. It depends on a lot of things such as assets you invested, amount of work you have done (in case you have invested in a business), your marketing strategies (for business venture), amount you have inRead more
It is really difficult to give an exact time frame for your investment to give back your seed money. It depends on a lot of things such as assets you invested, amount of work you have done (in case you have invested in a business), your marketing strategies (for business venture), amount you have invested, market performance, etc. You will have to see these things to see profitability
See lessWhy Most People Don't Pay Back Loans?
There are two reasons why people do not pay loan, one, they think of loan money as free month and waste this amount on none sense things. And two, they do not get back return from their investment (the loan money they used for), and so they cannot pay back. There is also a third reason. They use loaRead more
There are two reasons why people do not pay loan, one, they think of loan money as free month and waste this amount on none sense things. And two, they do not get back return from their investment (the loan money they used for), and so they cannot pay back. There is also a third reason. They use loan for personal needs and they do not have resources to pay back
See lessHow Long does it take to be financially independent?
It depends on how much money you are making and how you are utilizing your money. Let's say you need $1000 to pay bills but you can making $3000. So, you can invest $2000 every month and just in one year you will have $24k principal amount. and if your investment becomes profitable., you will becomeRead more
It depends on how much money you are making and how you are utilizing your money. Let’s say you need $1000 to pay bills but you can making $3000. So, you can invest $2000 every month and just in one year you will have $24k principal amount. and if your investment becomes profitable., you will become financially independent just in a couple of years. If income is poor, you might never become financially free
See lessIs advisordia a social media or an online business?
Let me ask you a simple question. Is Facebook social media or a business. The answer depends on who you ask. For the creator of Facebook, Mark Zuckerberg, Facebook is a business, he became billionaire from facebook. For rest of us, it is a social media. The same thing applies to Advisordia as well.Read more
Let me ask you a simple question. Is Facebook social media or a business. The answer depends on who you ask. For the creator of Facebook, Mark Zuckerberg, Facebook is a business, he became billionaire from facebook. For rest of us, it is a social media. The same thing applies to Advisordia as well. It is a business for the owner and social platform for us.
See lessWhat is the biggest challenge in personal finance?
One of the major challenges in personal finance is not earning enough money to manage the lifestyle. Inflation is high but income for most people is low. When income is low, you cannot save money, you cannot invest money, you cannot even pay your bills and you end up taking a loan. When you have a lRead more
One of the major challenges in personal finance is not earning enough money to manage the lifestyle. Inflation is high but income for most people is low. When income is low, you cannot save money, you cannot invest money, you cannot even pay your bills and you end up taking a loan. When you have a loan, you will encounter yet another problem. So, everything begins from low income
See lessHow To Deal With Investment Losses?
The best way to deal with investment losses is avoid panic selling. One of the common things people do when they start losing their money they have invested in, they start selling their assets. Never do panic selling. The rule of investment is you don't make loss until you sell your assets when theRead more
The best way to deal with investment losses is avoid panic selling. One of the common things people do when they start losing their money they have invested in, they start selling their assets. Never do panic selling. The rule of investment is you don’t make loss until you sell your assets when the market is down. You need to hold your investment until market returns.
See lessHow To Spot Investment Scams Easily?
If they are offering you a guaranteed returns, 99.99 percent is that's a scam. For instance if an investment platforms offer even 1 percent daily return, it is a scam. There is no investment scheme that gives you guaranteed return. Even the companies like Tesla makes losses. So there is no such thinRead more
If they are offering you a guaranteed returns, 99.99 percent is that’s a scam. For instance if an investment platforms offer even 1 percent daily return, it is a scam. There is no investment scheme that gives you guaranteed return. Even the companies like Tesla makes losses. So there is no such thing as guaranteed returns. If returns are too good to be true that is also a scam
See lessHow often do you have fomo feelings?
FOMO, the Fear of Missing Out! Well, I don't have that feeling. I know what I should do and I know what should I be doing to reach my financial, career, personal, professional goals. Therefore, I am not guided by FOMO feelings. I don't care what people are doing, I am never impressed with what peoplRead more
FOMO, the Fear of Missing Out! Well, I don’t have that feeling. I know what I should do and I know what should I be doing to reach my financial, career, personal, professional goals. Therefore, I am not guided by FOMO feelings. I don’t care what people are doing, I am never impressed with what people are getting into, I have my own goals and I always focus on my own goals
See lessIs Robinhood the best investment platform?
Robinhood is a very popular platform where you can trade and invest in stocks as well as crypto. However, whether it is the best platform or not depends on a lot of factors. For instance, Roboinhood is not available in my location, I cannot use it, so Robinhood is not the best platform for me. HowevRead more
Robinhood is a very popular platform where you can trade and invest in stocks as well as crypto. However, whether it is the best platform or not depends on a lot of factors. For instance, Roboinhood is not available in my location, I cannot use it, so Robinhood is not the best platform for me. However, if you can use it and if you want to start with small amount, you might find Robinhood very useful
See less