Is earning BIG money in FOREX and in Crypto in very short time possible?
By Jhana
@solidcodes (1798)
Philippines
November 12, 2021 8:53pm CST
My answer to this is a BIG YES.
I'm myself studying FOREX and Crypto.
I saw many lost their money because of GREED.
But I also saw many traders got reallly RICH...!
How is this possible?
The answer is thru LEVERAGE.
Yes FOREX and Crypto has LEVERAGE.
Meaning the broker will allow you to borrow money.
For example if you have $100 USD
and you use 1,000 Leverage
The Leverage will be 100:1,000
So if your trade is positive your money will now be $ 100,000
Easy huh?
But remember LEVERAGE is a double edge sword.
If the trade goes against you, all your money will evaporate LOL
So only traders with many years of experience are recommended to
use high LEVERAGE.
I myself still studying FOREX and Crypto up to now so the learning process
is non stop.
To avoid lossing your money it is recommended to use RISK MANAGEMENT.
By the way I'm not a financial adviser I'm just sharing my experience.
2 people like this
3 responses
@Deepizzaguy (122379)
• Lake Charles, Louisiana
13 Nov 21
Thank you for sharing the advice of handling money on Crypto and FOREX. I would hire a financial adviser since I have no idea of working with Crypto and FOREX at all.
1 person likes this
@solidcodes (1798)
• Philippines
13 Nov 21
There is another way to grow your money in Crypto not in FOREX
and it is called HODL.
No leverage involved.
But the gain is slow
1 person likes this
@Deepizzaguy (122379)
• Lake Charles, Louisiana
13 Nov 21
@solidcodes I will check it out since I do believe in not throwing money away.
1 person likes this




