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The reward when you get it right is worth it. For example, buying Bitcoin at this level would be very risky, but it has the potential to multiply the returns a lot.
I like to play around with money, even as a child. The process of trying to make more money seems like an exciting game to me, so I do know that I won't really understand those who are scared of doing that.
I don't really like low risk investments because of the lower rewards. They are the perfect option though for those who have larger sums of money invested, especially if it's in millions of dollars
Women are getting more involved in all aspects of life, especially making their own money and living life on their own terms. Investing money is something they would do to enable them make more money.
If I were to plan for retirement, I would look for investments that can bring stable yield consistently instead of fast money. This means looking at options like stocks, gold and real estate
New investors often have unrealistic expectations of the returns they stand to make. It's also important to know that you can lose your money as fast as you can make more money when investing.
Short term investments can be used as fuel source to generate capital for longer term investments. Most long-term investment need a lot of money, but they are more stable and bring in more profits
I've learnt that it's better to be prepared that you have to work extra hard to achieve passive income. Even when you've established a business or an investment, it may still need to be monitored for consistent profits.
Banks are also not safe sometimes here, so it's better to invest properly. It's riskier though, but I don't invest more than I can afford to lose so I do take my losses as learning.
I invest my money in crypto. It's high risk but high reward, which is suitable for someone whose starting with a small amount of money, less than $1000. With time, I would move to more stable investments like gold and real estate
Real estate is a great investment for those who have the capital, or those who have had experience with other types of investments. It's safe, but the returns come slower than other means.
It would be best to find our where your audience look for information first. Facebook and other social media platforms are great places to find marketplaces that are booming with almost all classes of customers.
Using cheaper labour that produces inferior results would ultimately be the death of any enterprise. It would be best instead to negotiate with the best labour available for lower wages and possibly, more benefits as compensation
It is possible, depending on the type of products or services you are offering. However, you should be understanding yet firm because there are people who may need the help but won't pay back except with some level of persuasion.
Phones aren't made with the processing power and capabilities required to mine cryptocurrency, and even those that seem free, there's always a catch. It would be best to join other miners or just purchase the right equipment
Knowing how he is, Elon Musk most likely won't create any coin, but promote others that suit his fancy. No matter how things seem, risk management should be part of the strategy of any investor
Even with a crystal ball, it would be guess work to know which coin would outperform others. For example, it was just the recent involvement of China in cryptocurrency that brought some coins to the limelight.
I would start buying into rising narratives like arbitrum coins, artificial intelligence and a host of others preparing for the bull run. This is when the wise do DCA, but only on projects you're prepared to hold no matter how low they get.
To answer this, you must know what you are looking for as profit when investing. While whales may just want to double their large portfolio and Bitcoin makes sense as the best investment, small traders who are looking for 10x or more would better invest in altcoins
No trader who really wants to make serious profits in cryptocurrency would look at stablecoins as an investment. They are used for preserving capital and means of exchange between altcoins and Bitcoin.
I believe that both cryptocurrency and the traditional banking systems would have to work together for a long while. There are a lot of challenges cryptocurrency has to overcome just like traditional banking has its problems.
It will be a long and arduous journey, especially for developing countries that import a lot of what they need from these countries. When the elephants fight, it's the grass that suffers.
The real estate niche is very lucrative, but it takes a lot of money to make passive income with it. Even though it's possible to start with small amount of money, it will be an uphill journey
Some people create the website, grow it and then sell it for decent profits. That's what my mentor does with some blogs, and I have also considered going this route too.
I am actually. Working on about three ptp forums or four of them can get me up to $3 a day even though I don't reach that target. I don't intend to rely on it forever though. I also am learning how to trade crypto, and have started a blog.
The goal is to get to $100 per month within a year from...
I intend to use Adsense first, and then probably guest posting to make money. I also want to create a blog that will focus on generating revenue using affiliate products.
To make a blog that earns you passive income, you should be ready to work on the blog day and night for at least one year, or two years. After that, all you may need to do is check up on it once in a while.
The reasons a business is not growing will always be unique to it. For example, I've started a blog but for a week now, I've not made headway with the keyword research. I can't blame lack of funds for my failure here
There is Nairaland to contend with. Even free forums have succumbed to ots influence. Also, most people do t know about these forums, which may seem hard to believe, but it's true.
I love using the Binance app. It's simple enough for a beginner to chart and trade with, but and sell both cryptocurrency and fiat. Besides, it's the largest exchange apart from Coinbase so I feel more confident with it.
Working on discussion sites will improve your knowledge gradually, and you get to establish yourself as someone who knows the ins and outs of the niche too. It will also help you if you need a related job in the same niche.
I only work on paid to post forums. Working in two or three of them to earn $2 per day leaves me with little time to work elsewhere. I would like to focus on my blog, and once it's earning $1pr more per day, I would reduce the time spent on forums
It depends on personal preference. The desire for flexibility and control over my time were so much more important that I thought it would be better to quit, and hopefully, I can make as much I as I earn online in a year.
WhatsApp is best for advertising your products or services to friends on your status. You can also use it to convert, one-on-one, the clients you get fron other platforms like Facebook or Twitter
Even though I think $0.5 for a 420 words article is low, it's understandable that the pay is coming from a paid to post forum which still has to pay other members for content. It's a good way to hone ones skill too.
As a business, a ptp forum should generate revenue that's more than it's expenses. The pay should be good to attract new and keep existing members and preferably, the owner should have another source of income in the first few years.
Even though we know that people like being appreciated, it's not so easy to actually do it, especially when we know that the person is not doing it for free. It's a worthy sacrifice though because you would get the best out of others.
I used to have some SLP,but it was on FTX which has gone down. I'm seriously considering Mana and Sand, I feel that the market cap of Axs is too much for significant profits with small capital.
It takes me a month to earn $25 working on paid to post forums. Apart from the amount you earn, another factor that can determine how long it takes is the time you can spare for each task. Someone with a 9-5 won't have as much time like someone that works part-time.
Do you still run the blog that earns you this money? I'm having problems with niche selection, and how saturated it is. Can one still make money with a
blog about small business ideas only, or is it a niche that's too saturated?
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