Post
Topic
Board Trading Discussion
Re: Trade up capital: $200
by
Questat
on 26/03/2023, 11:48:06 UTC
I wants to begins trading but I don't have money in coven, I took my wife's $200 to put it into trading wallet pending where I will do good in trading returns my wife's's money. Could this be enough to start trade?
My wife's mum's has suspect me of taking my wife's money and she didn't know I have already confess to my wife but my sweetheart doesn't wants her mum to interferes in our family matter that she knows am the one who took the money. So what do I do now that the money is legal in my hand?
You should have exercise some patience to source for your personal money for trading rather than obtaining money from your wife to embark on a very risky adventure, trading is very risky and it's not advisable to obtain a loan for trading, meanwhile you can as well start with a small fund which you can afford to lose and trade with the fund until you are consistent in earning profit or if you had already done that already and willing to start with a borrowed $200, I think you should rather take 50% perhap if there is any losses the repayment will be easier to avoid unnecessary embrassment

And while waiting for that he has ample of time to study how trading works and expose to the crypto market. In general, he has enough time to make ready before the real trade comes and it was very important in trading, not just capital and effort.
Actually, a lot of people underestimate trading. I agree with this thinking "if others can do trading and success, we can do as well". I won't say it was wrong but yes, we also have to consider in a situation where not all traders become successful, many had also failed and might be one of them especially if we lack of preparation.