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Topic: Have a $ 500 fund you want to make a profit (Read 2221 times)

member
Activity: 394
Merit: 14
February 11, 2020, 02:15:30 AM
I have $ 500 or more, is that enough to invest or trade daily ??  Do I need to buy cheap coins or expensive coins?  I want your opinion for me as a newbie.

Since you are a beginner I want to tell You that there are no cheap or expensive coins.There are only valuable coins or not valuable.
full member
Activity: 1110
Merit: 104
February 10, 2020, 12:31:53 PM
the essence of trading is to understand the market situation where when we have to buy and when we have to sell, for what have a lot of capital but no experience in trading instead what happens is loss
losses are reasonable, which is not fair, that is someone who wants to trade in stocks or cryptocurrency only thinks profit without knowing their knowledge. $500 its big funds, with this money you can make profit up to $10/ day if you have a knowledge about trading
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
February 10, 2020, 12:12:02 PM
First, to start you have enough funds.but  if you only rely on investment, of course it's not enough because the investment takes time and until the coins you invest have a good selling price, besides that you also need to do a number of other things to get other benefits, such as trading, becoming a project promoter or participating in crypto, to get extra income.
member
Activity: 98
Merit: 10
February 10, 2020, 11:10:58 AM
the essence of trading is to understand the market situation where when we have to buy and when we have to sell, for what have a lot of capital but no experience in trading instead what happens is loss
sr. member
Activity: 882
Merit: 260
February 10, 2020, 11:04:36 AM
Having an amount such as $500 is already a good budget to start up your journey o cryptocurrency industry because with $500 you can already start purchasing potential cryptocurrency coins even you just buy $10-$20 each of those coins you will choose. The challenge id that you must know how to choose the best coin that will suit your budget or in short, affordable for you. Make it apart of getting into a big partition for Bitcoin and the rest for potential Altcoins. In that way, you can be able to make a profit from the starting capital you have invested into various coins you choose and use it to purchase more cryptocurrency coins to make your earnings even larger. As long as you do have a budget, you can go into trading or investment as long as you know how to manage your assets and choose worthy and potential coins that can make your investment grow.
member
Activity: 382
Merit: 12
Axioma Holding - Axioma Pay Crypto Card
I have $ 500 or more, is that enough to invest or trade daily ??  Do I need to buy cheap coins or expensive coins?  I want your opinion for me as a newbie.


I think Stellar is perfect for daily trading. For a $ 500 capital you will get around 8000 XLM at current prices. So you can wait one or two days to wait for an increase in price.
member
Activity: 411
Merit: 10
I have $ 500 or more, is that enough to invest or trade daily ??  Do I need to buy cheap coins or expensive coins?  I want your opinion for me as a newbie.
I think if you want to do daily trading, you should choose an active coin in exchange. So you can get profit for every day. But you can simply choose coins with prices under $ 1, because this will be easier to trade compared to choosing coins with high prices. Cheap coins to minimize losses when prices drop.
member
Activity: 721
Merit: 19
Trident Protocol | Simple «buy-hold-earn» system!
I have $ 500 or more, is that enough to invest or trade daily ??  Do I need to buy cheap coins or expensive coins?  I want your opinion for me as a newbie.


I think $ 500 is enough for daily trading. But I suggest to buy coins at low prices, but have a good movement. Coins that have daily volume. Maybe you can buy EOS, Tron, or others.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
500 $ is not really enough to help you be able to trade daily. You will have too little profit with the current market because altcoins fluctuate very low. It is better to use more capital or you can choose cheap altcoins to buy and hold them in the long term
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
You can trade with any amount of money, the only question is if you are able to make profit with it. 95 percent of traders are losing their money, the market seems bullish, so just invest in top 10 cryptos and you won't be wrong.
I do agree with you  There is no limitation on trading our money but if we plan to invest in on a Bitcoin project, I think we need to know first if they have investment limit. That way we may know if we will go for trading first. I will go for 5 top crypto.
well, if you choose for investment only 5 coins which are at the top then you will earn money, but it will not be the same as if you study more projects from the top 200 and get the opportunity to earn really good money. Now there are a lot of new projects that are doing their job very high quality
sr. member
Activity: 1190
Merit: 253
You can trade with any amount of money, the only question is if you are able to make profit with it. 95 percent of traders are losing their money, the market seems bullish, so just invest in top 10 cryptos and you won't be wrong.
I do agree with you  There is no limitation on trading our money but if we plan to invest in on a Bitcoin project, I think we need to know first if they have investment limit. That way we may know if we will go for trading first. I will go for 5 top crypto.
full member
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
I have $ 500 or more, is that enough to invest or trade daily ??  Do I need to buy cheap coins or expensive coins?  I want your opinion for me as a newbie.

500$ is really quite a lot to invest or trade I think you should buy the coins in the top 100 on the market and you would gain higher profit if you just trade daily.

it seems like just buying the top 100 coins isn't enough. research must be carried out before buying in order to get the maximum profit, this is also a step to avoid losses. investing is not that easy, many things must be considered very carefully. if you invest in a certain altcoin without doing research most likely you will lose your money  Smiley
sr. member
Activity: 924
Merit: 256
You can trade with any amount of money, the only question is if you are able to make profit with it. 95 percent of traders are losing their money, the market seems bullish, so just invest in top 10 cryptos and you won't be wrong.
the top 10 that you deserve to invest in my opinion are Ethereum, Xrp, Monero, Tron, and stay away from BSV and BCH, don't waste your money there, prices are too high for them, you can lose
You do not have to buy a lot of coins to be able to get a lot of profit, just with 1 coin you can get lots of profits quickly, if you buy a lot of coins and when the price falls then your assets will quickly be reduced, focus on 1 existing coin in the top 10 I think it's enough and you can focus on coins that are still cheap.
full member
Activity: 1386
Merit: 101
ComboLabs
You can trade with any amount of money, the only question is if you are able to make profit with it. 95 percent of traders are losing their money, the market seems bullish, so just invest in top 10 cryptos and you won't be wrong.
the top 10 that you deserve to invest in my opinion are Ethereum, Xrp, Monero, Tron, and stay away from BSV and BCH, don't waste your money there, prices are too high for them, you can lose
full member
Activity: 728
Merit: 100
with that amount you can start trading or investing and I hope you can understand about trading because I am still worried about you who still have a newbie account. As a beginner I also recommend that you read more and see movements in the market.
buying cheap or expensive coins all depends on the research you are doing
sr. member
Activity: 573
Merit: 250
I have $ 500 or more, is that enough to invest or trade daily ??  Do I need to buy cheap coins or expensive coins?  I want your opinion for me as a newbie.

Cryptocurrency hasn't any high or low limit to make new investment. For new altcoins this money is huge even for good money to trading start. If you lose huge money in holding or trading than select it as your experience. For next four months you should stay with Bitcoin, you could make 200-300 percent profits from Bitcoin.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
You can trade with any amount of money, the only question is if you are able to make profit with it. 95 percent of traders are losing their money, the market seems bullish, so just invest in top 10 cryptos and you won't be wrong.
newbie
Activity: 70
Merit: 0
Oh, you are not the first person recommending Intelligent Hero. And I absolutely agree with you that as idea sounds very attractive, will have a look at tech side as well

Yep, you should definitely have a look, pretty sure that you will be impressed. And guys are having ongoing IEO on ExMarkets, I recommend you to have a look, the one is bold and in demand Smiley
newbie
Activity: 70
Merit: 0
Nope, not many. The most advanced one for me these days is Intelligent Hero - have you heard of it already? Basically, an ultimate solution on personal growth industry that combines many tools for all the people, who are interested to share thoughts, knowledge and develop in general

Oh, you are not the first person recommending Intelligent Hero. And I absolutely agree with you that as idea sounds very attractive, will have a look at tech side as well
newbie
Activity: 70
Merit: 0
I am having similar opinion. By the way, are there many advanced platforms you can recommend to have a look at? Of course, interested in the ones that meet requirements you've just outlined

Nope, not many. The most advanced one for me these days is Intelligent Hero - have you heard of it already? Basically, an ultimate solution on personal growth industry that combines many tools for all the people, who are interested to share thoughts, knowledge and develop in general
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