Topic: Have a $ 500 fund you want to make a profit - page 6. (Read 2153 times)
You may go for cheap coins, 500$ is good money to start day trade too. But you have to be an expert to make profits from trade if you are not yet then try to learn the trading by 50-100$! Otherwise buy NPXS, TRX, HOT, LINK, KCS coins and wait for a better price to make a quick profit. Good luck.
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.
Cheap coins and expensive coins will make you profitable. All you need to know is what coins you should buy, my suggestion is to buy bitcoin as you can earn it here either in short trading or invesment. And ethereum also you can earn here next year on hold because many expert analysts say will increase its price again next year.
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.
yes you can use your money of $ 500 to start investing in crypto. Many potential coins that are cheap enough under $ 1 dollars such as ripple, stellar, and dogecoin. or you can also use the money to buy bitcoin. I think investing is safer and more profitable than investing in altcoin. because the current state of the altcoin market is very bad, some altcoins continue to decline. but bitcoin investments are more suitable for long-term investments.
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.
Cheap coins and expensive coins will make you profitable. All you need to know is what coins you should buy, my suggestion is to buy bitcoin as you can earn it here either in short trading or invesment. And ethereum also you can earn here next year on hold because many expert analysts say will increase its price again next year. 
To be honest, you don't need to think about the price of the coin. Because the most important thing is the value. Investing it in coins that are cheap or expensive is the same. You only need to consider the potential coins that you want to choose. If the project is going well and has good potential in the future, then your value can increase many times over. But on the contrary, if you choose the wrong coins then your value may become worthless.
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 it's enough, but before you decide to buy coins to invest or to use in trading, you should at least understand how to trade well and not just buy coins to trade. You can see a chart of market movements to decide which coins you think have the potential to make a profit and you also have to estimate at what point you will buy and sell coins.
If you want daily trading you have to learn how to trading and if you want long-term investment then try to look for altcoin that is in 100 coinmarketcaps. But remember every decision there must be a risk and you must be prepared to accept the risk
I think its super enough to start trading on cryptocurrency. You can trade daily and get income a few bucks. You should try trading on stable coin. Its just to make sure you avoid a risky trade. Other options is go investing on stable coin its a good move.
No amount is to small is too small to invest most especially when you're investing in ICO/IEO. $500 is a bit above 3 ethereums. Many people invest as low as 1 ethereum in a project and they make whatever they as profit at the launch of the project invested into.
Enough for someone who can see that amount as affordable to lose. I'm following a trader and he's into different markets but the one that he has tested is with the forex. And you know how much he's started with it? $1,500. So, I think that starting with $500 is already high enough for those who want to do day trading.
The price of the coin doesn't really matters to me. The most important thing to consider is the coins ability to rise to higher percentages.
Oh that so, so how you will consider a coin have ability to rise? when people nowadays mostly get wrong and stuck even on coins that are considered to have been trusted by many people. I think it is also not far from each other's fate. 
Trading every day does not need to use too much money, it is better to use little money to minimize the risk of loss.
But to invest or long term trading it is good to use big money in order to get a profit that is also big, but remembers the risk is also great.
But to invest or long term trading it is good to use big money in order to get a profit that is also big, but remembers the risk is also great.
The price of the coin doesn't really matters to me. The most important thing to consider is the coins ability to rise to higher percentages. Some of those cheap coins have no future. If you invest in them, its likely you would lose your funds one day
$500 is a good starting point to start trading. I will advise you trade on good exchanges and also analyze the kind of project you are investing in. Make sure you're able to study the chart and do some homework about the project. Take profit quickly, waiting for more profit could lead into loosing all. Most importantly if you're not done analyzing it better to keep the money in a stablecoin
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 enough to make a profit of $10-$30 per day, but you have to do a lot of trades (accumulation). Cheap or expensive coins in my opinion are the same, because the most important thing is spread (how much the price of altcoin can go up). For get starters, you can trade on the exchanges that have large volumes such as binance, or on quiet exchanges but have large spreads (the distance between buy & sell orders is very far). But this is more risky to get stuck and requires more than a day to closed the position.
If you have $500 to invest, you can buy one of Teeka Tiwari 's pick of you're into that type of thing. He has been known to call projects that do very well in the past, Neo was one of them. You can get a subscription to his Palm Beach Confidential or find a way to get the picks on social media.
for the first time for you, I think $ 500 is enough. but depends on your desires, between trade or long-term investment?
My advice is to do both, you don't need to be afraid of being scammed or lost, because everything is based on experience. You must try your best to get started. use capital for some parts. including 50% trade and 50% investment.
My advice is to do both, you don't need to be afraid of being scammed or lost, because everything is based on experience. You must try your best to get started. use capital for some parts. including 50% trade and 50% investment.
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 enough for daily trade or even long term investments
so, the first thing is you must know your trading style before you start your trading activity
if you are an intraday trader, daily trade is the best choice, but if you are a swing trader, maybe a long term hodl will be good for you my friend
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 want to start trading and ask such questions - you definitely not ready for that, chance that you just loose your money is very big. Actually be ready to lost your depo multiple times, because it is trading and only small ammount of people earning money by daytrading, a lot of experience needed. Better spend those money on education(lessons, courses) and learn new skill that can bring you possibility to earn money.
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.
Maybe you need to learn trading first and our advice here in the forum may be your basis,The first thing you need to do" because you're new here in crypto trading is reading some trading tips, coin's nature and much more. And if you have enough knowledge then do some trading but I suggest you start with small capital first and try to make a good profit on your investment. And also apply all of the advice provided to you in this forum, there you will learn the importance of knowledge before entering into trading.
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