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Topic: Can I start scalping with a 500$? - page 3. (Read 1267 times)

newbie
Activity: 18
Merit: 0
December 17, 2020, 11:04:20 PM
#89
Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?

Yup, you can follow my videos, i scalp on bitmex with around that amount.

my latest scalping video + 74% in 4 minutes   https://youtu.be/8509W4dJDbY


I have a thread here

https://bitcointalksearch.org/topic/--5300485
sr. member
Activity: 2828
Merit: 344
win lambo...
December 04, 2020, 04:08:42 PM
#88
Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
$500 is already a good amount to start but when asking can we doubled it for 2 months? Maybe not or even more twice, well, you can think that it depends on the situation and what coin/s you have invested.

But I suggest having Bitcoin and Ethereum only.
Bitcoin - $300
ETH - $200

Since you are aiming for that, it is you to make an effort otherwise it will just hope and dreams.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
December 04, 2020, 02:58:36 PM
#87
If you try to invest in a short-term strategy through trading when the market fluctuates in price I find it very effective. Because Bitcoin is bullish and making a lot of impact on the crypto market during the time of the epidemic. 500 $ I think is a good amount.
You do not invest in short term, you trade in short term while investing is used for long term (holding). Also what you said is true but it is just because we are still in the bullish trend. There will be a time the bearish market will occur, also know that even there are times the market is not that bullish and bearish but short term trading still risky. I am not disputing short term trading not to be good but we need to be careful as it is more risky than beginners can think of.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 04, 2020, 01:00:58 PM
#86
Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
If you try to invest in a short-term strategy through trading when the market fluctuates in price I find it very effective. Because Bitcoin is bullish and making a lot of impact on the crypto market during the time of the epidemic. 500 $ I think is a good amount.

what my friend said I really agree, that currently bitcoin is actually doing a short term and if you can analyze it well, it will certainly produce very positive things. but it must be remembered that bitcoin is not just experiencing this way, it seems that the influence of bitcoin is spreading to all altcoins as well.
it remains only to determine which one feels the best because there are so many choices at the moment.
hero member
Activity: 1400
Merit: 770
December 04, 2020, 08:51:25 AM
#85
Playing 500 $ for the trade was a lot for me. Today many exchanges open several types of trades. Scalping on the spot trade of your capital will be safer, you just need to hold back if the price drops. For futures trading, scalping can also be done but it carries a big risk of losing your money, but the payoff is also big if you succeed. Playing 1% of your capital for daily trades is sufficient in my opinion.
full member
Activity: 325
Merit: 100
December 04, 2020, 08:48:31 AM
#84
Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
If you try to invest in a short-term strategy through trading when the market fluctuates in price I find it very effective. Because Bitcoin is bullish and making a lot of impact on the crypto market during the time of the epidemic. 500 $ I think is a good amount.
newbie
Activity: 18
Merit: 0
December 04, 2020, 01:13:27 AM
#83
Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?

If you want to check out some live scalping trades check out;

https://youtu.be/RlzeLc6foyk

This guy scalps with 500$ on the 3 minute candles and posts weekly videos


it will help you with your strategies as there are breakdowns and walkthroughs


legendary
Activity: 1834
Merit: 1036
June 13, 2019, 02:55:18 AM
#82
Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Its possible to double your money in 2 months granting that you are consistent in hitting your goal of 2% per day including Saturdays and sunday and you will roll over your capital together with your profits, meaning you will not withdraw anything not unless you reached your goal of 2 months trading with $500.
legendary
Activity: 3346
Merit: 1128
June 13, 2019, 02:12:21 AM
#81
Just start scalping now and you will enter the "fomo" went the rally of bullish momentum it's out. I know scalping was really fun & easy to gain a profit, but also scalping make you enter the fomo went the rally was really fast made you enter at a high price then went the correction come you got stuck at the high price, make you want to call "cutlose".
This is one of the major cons of scalp trading, because the trader cannot predict the market and the fact that TA does not work here, it makes scalp trading look like a gambling to me which is not so easy, the tension of having to quickly look for profit and quickly knowing when to enter and exit a trade so many times in a day is not an easy task at all.

Secondly, fees that one will be paying will really discourage the trader and you end up going home with a penny at the end of the day after paying so much of fees, wherein there is no assurance that you will hit big at a single trade to cover for the fees and still make enough profit. I personally prefer to just hold than this.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
June 11, 2019, 09:00:07 AM
#80
You can start also at:
Bitcoin: 200$
Ethereum: 200$
Xrp: 100
This coins are strong for a while im willing to invest our for this coins even the profit not enough to earn per month unless its already safe and people's choice also.
sr. member
Activity: 1050
Merit: 250
June 11, 2019, 06:56:08 AM
#79
This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or on the total balance of $500 (which ever you reach first) cash out.

All right, this is a quite interesting idea.
How about NEO? do you think NEO is still a good option to invest?
if have any doubt with your decision , you have to make deep observation and research in this coins.neo looks like pretty good, but we have to make sure with this to avoid wrong decision in future that will make us disappointed.
member
Activity: 392
Merit: 11
June 11, 2019, 04:51:15 AM
#78
This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or on the total balance of $500 (which ever you reach first) cash out.

All right, this is a quite interesting idea.
How about NEO? do you think NEO is still a good option to invest?
newbie
Activity: 36
Merit: 0
June 11, 2019, 04:20:38 AM
#77
Just start scalping now and you will enter the "fomo" went the rally of bullish momentum it's out. I know scalping was really fun & easy to gain a profit, but also scalping make you enter the fomo went the rally was really fast made you enter at a high price then went the correction come you got stuck at the high price, make you want to call "cutlose".

This is not what I mean with scalping, I mean short trades within 1 hours.
I know we will go in correction price now  Smiley
legendary
Activity: 2688
Merit: 1262
June 10, 2019, 09:19:09 AM
#76
Just start scalping now and you will enter the "fomo" went the rally of bullish momentum it's out. I know scalping was really fun & easy to gain a profit, but also scalping make you enter the fomo went the rally was really fast made you enter at a high price then went the correction come you got stuck at the high price, make you want to call "cutlose".
member
Activity: 210
Merit: 13
June 10, 2019, 09:14:01 AM
#75
For your third question, nop, scalping is not worth it. I currently make almost 100% per month because every time, you have a couple of cryptos that pump way more than others. my job is to find those currencies and trade them. However, scalping in crypto is too risky. one week, you make 20% and the other week, you lose 30%. there are a lot of immature traders in crypto and this has made it so darn hard to scalp long-term. I'd suggest you look at the medium-term picture and not scalp. the future market will reward you for that.

Can you provide more information about what techniques you use for doing this? See what I highlight in bold.
jr. member
Activity: 112
Merit: 1
☀️ Iskra Coin ☀️
June 10, 2019, 05:59:04 AM
#74


For your first question, yes, there are a lot of strategies you could use to scalp with 500$. You could go ahead and master elliot waves and mix it with the macd. a follow a guy called anil mangal on youtube. he will teach you a lot. however, mangal doesn't scalp but his strategies can also be used for scalping.

for your second question, If you really wanna scalp, I'd suggest you don't use leverage and look at the bigger picture on a larger timeframe before taking any trades. this helps prevent an unfortunate scenario of the market turning against you.

For your third question, nop, scalping is not worth it. I currently make almost 100% per month because every time, you have a couple of cryptos that pump way more than others. my job is to find those currencies and trade them. However, scalping in crypto is too risky. one week, you make 20% and the other week, you lose 30%. there are a lot of immature traders in crypto and this has made it so darn hard to scalp long-term. I'd suggest you look at the medium-term picture and not scalp. the future market will reward you for that.

for your third question, I'd suggest you use binance. it has a lot of volatile pairs and is currently the best exchange. other suggestions include Huobi and bitfinex.
jr. member
Activity: 225
Merit: 1
June 09, 2019, 07:31:03 PM
#73
Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Trading is not a financial advise, you better get hold of your self learn and understand the market before you get in, in other words if you are already a good trader you will know the Exchanger to make use of.
hero member
Activity: 1302
Merit: 540
June 09, 2019, 06:47:52 PM
#72
Off course yes you can but you need an exchange with high volume like binance it will be easy for you to boost your portfolio in no time. Learn not to be greedy you might loose all
Learning to handle pressure and be contented with small profits, scalping is a tough job but can be done if you know how to wisely work with time. Controlling your emotions making use of every opportunities that will showed up while you are dealing with your trade.

Keep yourself open and allow working with volatile market to take your chance to earned profits.
member
Activity: 574
Merit: 14
June 09, 2019, 06:38:44 PM
#71
As for the platform to use,binance is a good fit,the trade volume for most token is high and you can thus easily get out of deals or buy into them.Doubling your money in about 2months would mean your average daily profit should be about 1.6%,Strategy? Take trading course and do not get too greedy in your trade
full member
Activity: 798
Merit: 104
June 09, 2019, 06:33:03 PM
#70
You can do whatever you want in your capital like scalping but choose a good exchange site with a high volume like binance, houbi etc. Before doing scalping make sure you understand the exchange platform to easily know the in and out basis.
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