Have a $ 500 fund you want to make a profit - page 8.

Bim abk

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depending on your wishes, whether you want to trade or long-term investment. if you don't understand about trading at all, my advice is that you better invest your $ 500 with ETH, LTC, BNB for the long term, I think that's a good decision. than you trade without knowledge at all very risky with your money.

by dividing the funds owned into several parts and investing in coins that have been done research I think it's wise, in addition to me is always doing research even though your investment is a popular coin because the research produced can affect the investment to be carried out

akungagal

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Quote from: paramorel on October 17, 2019, 12:23:40 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 a fund of $ 500 is very sufficient to invest, even smaller than that will still be enough to invest or trade daily.

and buy a good coin and make sure you study it first before buying it. no matter you buy expensive coins or cheap coins, the important thing is you can master it then you will get a big profit with that money.

no1kid446

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Quote from: paramorel on October 17, 2019, 12:23:40 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 advise you, before you enter the trade, you should find out before the potential coin you choose, then you learn technical analysis or do not, then you continue to trade.
Otherwise, risk comes to you very big.

Perfect35

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Trading or investing in crypto should be done with understanding or knowing about the coin you find interesting or that attracts you in person. So st first, so not even think of making quick profit, rather think of knowing and let the interest come with every conviction. Choosing good projects or coins these days is more difficult than it was. Although, in the past, it was not as if most of the coins were that good, but that they were able to delivers within a short period of time and some people could get their profits.

quierx16

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If you are new to this and doesnt have enough knowledge I suggest you to research first, when we say trading people think its easy but the reality is not, if you are new and you do trade you will surely lose that $500 easily.

Im suggesting you to start in smaller amount.

btcdie

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Quote from: paramorel on October 17, 2019, 12:23:40 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 is enough as initial capital to trade, even smaller than that too. but keep in mind, the greater your capital to trade, the greater the risk and profit you get. I think that much capital, just to buy cheap coins. because cheap coins low transaction costs and before buying you should do an analysis first. because in reality altcoin is getting longer, the more unpredictable.

Serco

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Quote from: Free1bitco.in on October 24, 2019, 01:32:02 AM

Quote from: Jocuserious on October 23, 2019, 09:59:32 PM

Totally simple my opinion if i have 500$ then i will invest in btc because now very cheap price btc. The crypto market totally very bad think so i can't tell you invest in Ieo or ico anything. So if you can take btc at this time then you will make profits when btc price going up 10000$.

I'm pretty sure many people are waiting for opportunities like this. Well, if I am also an investor, I will definitely make an investment now. despite a very sharp decline, the price of bitcoin stopped falling at the level of $ 7500. I think having $ 500 in bitcoin is quite better for now. it's quite impressive to see bitcoin prices go up to $ 10,000 this year. within 2 months, the benefits can already be felt

i am prefer to use my $500 for binance coins.current price after bitcoin drop was $16.with our $500 we could buy some bnb coin.and it will give us double profit when bnb coin price and bitcoin price recovered in same time.as a trader i am not focus on bitcoin only.but i have to find coin that will give me double profits.

Samboo

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As you are a newbie in the crypto space, it is necessary to understand and take crypto knowledge beforehand. On the other hand, you can understand trading over time. As far as investing in coins, I recommend that you should invest only in bitcoin as the time for altcoin is not good at this time.

Free1bitco.in

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Quote from: Jocuserious on October 23, 2019, 09:59:32 PM

Totally simple my opinion if i have 500$ then i will invest in btc because now very cheap price btc. The crypto market totally very bad think so i can't tell you invest in Ieo or ico anything. So if you can take btc at this time then you will make profits when btc price going up 10000$.

I'm pretty sure many people are waiting for opportunities like this. Well, if I am also an investor, I will definitely make an investment now. despite a very sharp decline, the price of bitcoin stopped falling at the level of $ 7500. I think having $ 500 in bitcoin is quite better for now. it's quite impressive to see bitcoin prices go up to $ 10,000 this year. within 2 months, the benefits can already be felt

H1N1

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Quote from: paramorel on October 17, 2019, 12:23:40 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 may doing both of them, but each one have advantages and disadvantages.
One of the advantage in investing is you don't need to watch the price of your coins everyday, unlike daily trading.
But, you need some time to wait for your investment to growing.

Jocuserious

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Totally simple my opinion if i have 500$ then i will invest in btc because now very cheap price btc. The crypto market totally very bad think so i can't tell you invest in Ieo or ico anything. So if you can take btc at this time then you will make profits when btc price going up 10000$.

Eugenar

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Quote from: paramorel on October 17, 2019, 12:23:40 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 depends upon what you can handle on your own. Basically, diversifying your investment is good but you should have the time to observe each coin that you will hodl and trade. In this case you could have much profit when their change in volume and market price tends to become positive.

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Quote from: paramorel on October 17, 2019, 12:23:40 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 is not about the amount of money you have, but the strategy is.
Either you want to trading or investing, you need some strategies to make some profits from your initial fund.
Just focus if you want the better outcome. Focus to trading if you want to trade, or investing if you want to invest.

henmark

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Quote from: paramorel on October 17, 2019, 12:23:40 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.

This is far more than enough to really to start a trade, I have just read of someone’s trade story who shared how he turned $500 to about $10000 within 4 months and I think this is really a very good gain if we can actually get this to be possible, but the only thing with his own is that he went on a leverage trading which is quite very risky but could really be profitable.

If you want to trade without leveraging, I think that you can actually turn that $500 to at least $2500 within 3 months, which you can then continue to compound until it becomes bigger for you to continue to trade in a bigger way. Imagine what you could gain again if you start trading with that $2500, would that not be enough to actually earn you a very high salary every year? So what does one need work for again?

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Quote from: paramorel on October 17, 2019, 12:23:40 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 newbie in the trading world, it is better to invest small capital for you to not lose big amount of money. Practicing and studying will help you to become a profitable trader.

nasipadang

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Quote from: paramorel on October 17, 2019, 12:23:40 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 need to remind you, crypto investment and crypto trading have a high level of risk. In this condition you must first understand the cryptocurrency market. Buying cryptocurrency that has expensive or cheap prices is not a problem, the most important thing here is to buy the right cryptocurrency. $500 is enough if you want to trade on expensive cryptocurrency.

Bitfling

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Quote from: paramorel on October 17, 2019, 12:23:40 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 for trading, I think $ 500 is enough to try to make a profit as long as you already have good trading skills. If using margin trading, I think $ 500 can grow quickly but the risk of using margin trading is greater and we must be careful when deciding to use margin trading

gandame

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Quote from: paramorel on October 17, 2019, 12:23:40 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 for you to trade and i think you gonna be do search what coin you gonna buy.
And do trade some exchange that you will feel that you are comfortable to trade.
Good luck to you sir hope your capital get a good profit.

AliMan

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Quote from: bitzizzix on October 20, 2019, 03:28:12 PM

Large or small amount to invest is not a problem, the most important thing is that you choose the right coins and profitable.
my suggestion is that your $ 500 capital should be divided by a number of potentially profitable coins, and I recommend $ 300 in bitcoin and $ 200 into some Altcoins like Ethereum and Litecoin which in my opinion are potentially profitable.

It's to hard to find profitable altcoins nowadays. Maybe that's certain to use your $500 fund on Bitcoin investments because it has a high potential compared with altcoins like eth and ltc. As we all know eth and ltc had an outstanding market in parallel with bitcoin, but the growth isn't that impressive as to compare with bitcoin. When using that $500 in purchasing bitcoin for your holdings, you can prefer choosing 50% of $500 if you think it's not yet time to earn higher profit.

htsy585

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Quote from: paramorel on October 17, 2019, 12:23:40 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 are a newbie and don't seem to have enough requisite knowledge to trade so it's best you invest. But that would be after you have spent time understanding the working scheme of this space. Especially how to protect your investment from hackers, the do's and don'ts. The red flags to look of for before investment is also important. I suggest you invest in bitcoin or Ethereum if you are not in it for quick bucks

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