Have a $ 500 fund you want to make a profit - page 13.

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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 if used for trading. As long as trading is careful and able to analyze market movements, I think with that much money you can use it to look for profit. If you are unable to analyze the market, I think you should buy a coin that is in the top 10 for the long term

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Quote from: TanakabZX on October 18, 2019, 01:47:39 AM

Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

Professional traders use thousands of dollars for trading, believe me i have seen this, with only few trade they make thousands but its true that you can trade with minimum of 1$ but make sure you know what trading is all about and how it works

I even started trading with a penny in the first place because we ourselves intended to learn. so indeed if we want to benefit on a large scale we should be able to start with small things. do not let you ambitious with big things without insight and experience

alicea

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

If I were I would look for some low market cap projects which have a chance of giving us a good ROI and invest the fund that you can risk it.

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

Professional traders use thousands of dollars for trading, believe me i have seen this, with only few trade they make thousands but its true that you can trade with minimum of 1$ but make sure you know what trading is all about and how it works

hushpupppy

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

Investing in crypto currency is a coin of 2 sides
So do n out think only about profit.

500$ is too low to invest in bitcoin; and to trade daily, you need to avoid greed; do your research and aim atleast 2% profit daily

Aabcde

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Before you spend your $ 500, it's good if you use a little 20-30 USD to study. If you understand correctly, then use the rest. But I suggest splitting it for several pieces, don't put it all in one coin. I think half to buy BTC as a long term and half you can buy 2-3 potential coins that are in large exchanges. And also don't be greedy to take advantage if you play daily trading.

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

That's enough to invest or trade daily but remember you must search for a suitable coin for you. What you need is not a cheap or expensive coin and what you are looking for should be a coin with good volatility.
If you can get a coin with the best volatility and there will be a lot of people are trading such coin and you can take the advantage because the market is moving fast and create pump and dump.

Your chance to get profit will come when there will be a volatile market, you will see the chart movement will vary.

It doesn't matter if you are investing in cheap or expensive coin as long as it has good volatility and you can take even a daily profit from there.
Volatility is a key when you are trading crypto and it's not about how cheap or expensive the price of the crypto itself. It doesn't matter a lot.

riso2015

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With a capital $ 500 I think that's enough to do daily trading, buy 3-5 potential coins that have a high volume so that we don't easily lose. For long-term investment it is also very sufficient with a capital $ 500. Buy good coins like LTC, BNB and ETH, then hold it for a year later.

Periodik

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

Do not use it for buying or investing into crypto just yet. You need to know first what you are entering into. If you get into investing cryptocurrency without even getting yourself informed of the advantages and disadvantages, risks and benefits, dos and donts, etc you are in danger of deciding without sound reason or perhaps plainly due to emotion or gossip or unreliable suggestions from here and somewhere else. You have to somehow undergo a kind of orientation first by reading more about crypto investments.

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

It's good to ask for other people's help and opinion but i hope you that you do more research into crypto trading before you get into it. People are encouraging and saying that $500 is enough to trade with, but it's easy to be disillusioned with how exciting and how much you can earn from crypto. Just know that you can also easily lose everything.

But if you're an aggressive risk taker, go search for "crypto leverage trading" and go try your luck.

Aldrinx00

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You have $500 but the question is do you know how to trade? Because if you just buy coins then the price goes down you will be nervous to lose all your funds then you will sell it at low price, even if it's a loss on your side. Learn how trading works first because the risk of getting rekt is high.

patz22

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That would depends on you, how are you going to trade your money? I mean, are you going to do scalping or maybe you are planning to hold something for like days or more? That would really depends on how you do your planning when it comes to trading. It is kind of risky especially if you are going to buy low marketcap coins but there is a chance of getting more profit. One thing that I can suggest is DO NOT GO WITH PAID GROUP OR FREE GROUP SIGNAL IN TELEGRAM. You will just get rekt. Been there done that!

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Quote from: HabiebRiziq on October 17, 2019, 10:36:52 PM

Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

Of course you can benefit and in conducting daily trading and investing in the long run, there is no minimum limit on how much money you will use. But, you should know that investing in cryptocurrency or doing daily trading carries risks if you don't understand the basis for doing so.

Invest or want to make a clear trade you must be able to do clear management to be able to benefit from these investments. management that is not mixed between finance for investment, trading, needs. some people often experience problems in this regard

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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 maybe i will trade daily, as long you must know how to trade very well. If ready to lose all, maybe take 5-10% per day with your analyze skill can be done with it. Look for coins with high volume trading so it is move faster than others. So you can take action with it. If not ready yet, better learn first to analyze.

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

First and foremost, $500 is enough to invest or trade but as a newbie, I will not advise that you start trading or investing now. You should first try to understand the nature of the crypto market and the pattern at which the prices of most cryptocurrencies change. With this, you can easily decide on what coin to invest in and what not to invest in. Once you are done with this, you have to develop an investment plans and strategies to maximize your profit potential...

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

Even if you only have 50 usd, it's more than enough to trade. Many people suggested you to learn and only use small amount money, which is true. They don't want you ti lose all your money while you still don't have any experience about that.

Cheap coins or expensive, those aren't necessary. Sometimes, cheap coins would be increasing so high and expensive also same. To be more clearly, you need to pick promising coins despite how cheap / expensive their price

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

Of course you can benefit and in conducting daily trading and investing in the long run, there is no minimum limit on how much money you will use. But, you should know that investing in cryptocurrency or doing daily trading carries risks if you don't understand the basis for doing so.

meanwords

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So let me get this straight, you don't have any experience with trading or investing in other platforms or stocks? As in a total newbie? Then I'd say I don't recommend you do a daily trading as it is quite different from stocks. Cryptocurrency is more volatile but rewarding. I suggest that you invest in Bitcoin for a start and work your way up to the top 100 altcoins. Learn and read about cryptocurrency and its past. Read market history and it will give you an idea on how the market moves.

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

You need to think first what you really want either long term investment or short term one. Daily trading is for short term one and it is not that easy to profit there especially that you are still a newbie, you still need to study hard before you will become compatible to it.

You can just start by buying top 5 coins in coinmarketcap, any coins will do as long as it is part of top 5 to lessen the risk of your investment. Once you will become more familiar on how crypto works then you can start by adjusting some of your investment in daily trading like 100$ of it and test whether you can profit or not. Everything will follow after that, just don't forget to study everything you want to learn.

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Quote from: paramorel on October 17, 2019, 01:23:40 PM

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.

If you are beginner $500 is enough for day trading, But you don't have experience so better you can start token on 10 to 50 USD. Because experience will guide you so every day your knowledge and prediction skills are improved in trading platform. If you trying long term investment Bitcoin is enough to invest on crypto platform. Before to participate decide the adventure and risks of trading platform.

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