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Topic: how to start trading with a very small amount - page 13. (Read 161319 times)

member
Activity: 98
Merit: 10
Trading with altcoins would be the best option in my opinion.
Kucoin is a great platform to start trading with different altcoin, they have good volume as well.

I have had quite a good experience with Kucoin. It is really a good platform to start with. I could remember when i first lunched into their website for my first trade, it was easy and i was amazed, seeing altcoins doing greatly well on their site. Permit me to say this, if my assumption is right, that altcoins do better on Kucoin than some exchanges, mostly the exchanges that are just coming up.
Also, altcoins, easily find their ways to the Moon on kucoin.
hero member
Activity: 910
Merit: 509
If you have small balance, you can still trading. you can try to buy altcoin at 1 sat to 10 sat and start making profit.

once the altcoin you choose is increasing. And then your profit you can trade it again with other altcoin to make profit.

Untill you can make profit 0.004 btc in one month. With trading Bitcoin I sure you can multiply balance only some days.
Nowadays we can see many alternative coins that have the potential to grow in the future and this is the right time to invest in some of them.

For instance, Ethereum, Ripple, Lite coin, Monero all are good Investments. Bitcoin has become too much expensive but if someone spends money here and hold it on for a good period of time he can make sufficient amount of profits out of it, I think so.  We cannot ignore Bitcoin, can we?
newbie
Activity: 112
Merit: 0
Without having to read the entire thread, I would guess that most suggested to just HodL. Since the original post, the OP would have done quite well with BTC just sitting tight.

It's very tricky to trade and you need to understand trading rules and be disciplined. You need to be willing to take small losses and let the upwards trends run. Something that is much easier said than done.  There is a lot of psychology and time involved....

For me at least this has been the best strategy. Unless you have a very strong conviction on short term movements, it is probably best to hodl
sr. member
Activity: 1036
Merit: 329
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
You can start trading by which coin that price is preety low.Buy these and hold after increse of the price u can sell & make a huge profit upto 100%.
make some study if that coin that you are trying to hold and to buy in a low price may have the possibility that it may increase and make a profit this is the best thing that your mindset could be.
newbie
Activity: 25
Merit: 0
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
You can start trading by which coin that price is preety low.Buy these and hold after increse of the price u can sell & make a huge profit upto 100%.
member
Activity: 126
Merit: 15
HodL!
Without having to read the entire thread, I would guess that most suggested to just HodL. Since the original post, the OP would have done quite well with BTC just sitting tight.

It's very tricky to trade and you need to understand trading rules and be disciplined. You need to be willing to take small losses and let the upwards trends run. Something that is much easier said than done.  There is a lot of psychology and time involved....
member
Activity: 420
Merit: 28
It's simple if you want to be a trader always remember, all you need to do is Buy low Sell high to get a profit then if your token get dump don't panic just calm down if your coin don't back in the price that you bought then use the method Sell low Buy lower
sr. member
Activity: 756
Merit: 294
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
If you only have a little money but still want to start with trading, you have to learn about the new Altcoin on the floor. These Altrcoins usually carry a lot of good things, they will move quickly in a few hours and can double the price in short time intervals.

That is one of the good ways to earn with trading but there is a caveat here: we need to make it sure that the coin is quite okay because it may be removed from the exchanges and you will lose all of your coins.
member
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
If you only have a little money but still want to start with trading, you have to learn about the new Altcoin on the floor. These Altrcoins usually carry a lot of good things, they will move quickly in a few hours and can double the price in short time intervals.
sr. member
Activity: 756
Merit: 294
You must have knowledge about trading first, searching for good and popular, and the rate increasing high, then use the small amount of money to trade first to minimize the risks of losing money, do it over and over again until you feel confident and increase the amount.

Very basic and strong advice it is. Yes you need to learn more about this trading. Like if you are trading in these bitcoins or altcoins then surely you need to see what is actually about them. What are the flaws of it, what are the best things about this? How to deal with all this stuff, what are these exchanges, how to trade, best timing for selling and buying. Answer these all and then start with little amount.

I concur that you should practice regularly with a small amount first and once you are confident enough of your trading system, you can already slowly grow your bankroll. Remember, practice is the key - the more you trade (whether you lose or win), the more you will learn and adapt to how to effectively trade cryptocurrencies.
full member
Activity: 352
Merit: 100
You must have knowledge about trading first, searching for good and popular, and the rate increasing high, then use the small amount of money to trade first to minimize the risks of losing money, do it over and over again until you feel confident and increase the amount.

Very basic and strong advice it is. Yes you need to learn more about this trading. Like if you are trading in these bitcoins or altcoins then surely you need to see what is actually about them. What are the flaws of it, what are the best things about this? How to deal with all this stuff, what are these exchanges, how to trade, best timing for selling and buying. Answer these all and then start with little amount.
member
Activity: 193
Merit: 10
For those of you who are active traders, and let's say "active" means multiple times per week at least, do you trade with all of your coins or do you buy and hold a certain percentage?


for me i only trade a certain amount of my profit so that i can buy other potential alt coins. it is not advisable  to use all your profit just to buy only one types of alt coins, it is better to trade different alt coins so that you have lots of sources if ever you need to invest in other trading sites. always remember that you in every investment it is much if you have the knowledge or you are experienced enough so that you know how to take care of your profit. trading doesn't require a high or low profit, it requires knowledge and the ability to work by your own strategy.
Diversion is really needed inside the trade business its hard to buy certain coin and place everything inside but talking about small investment, well for my personal opinion I will try to research most active coins and then check if there's any updates which is incoming so before placing my investment I already
have some goal about how much earnings that I wanted to take before leaving the said project.
newbie
Activity: 19
Merit: 0
Trading with altcoins would be the best option in my opinion.
Kucoin is a great platform to start trading with different altcoin, they have good volume as well.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
get on the exchange which has a lot of trading pairs to choose from and find trending ones and start trading
I have advised new entrants to the market that you should only invest a small amount of your capital at the beginning, once you have mastered the rules of this market. invest more. I did the opposite when I initially invested a lot and I lost most of my money, and I had to start over with a small amount of money. This is my experience.
That's a good advice because you will be prone to making wrong decisions when you are newbie, as long as you will make it a long term journey
and you can learn from your mistakes, this will help you grow and you might fall in love with trading.
Never give up because if we will, we will never gonna rich our dreams of making money and living financially free.
full member
Activity: 308
Merit: 128
For those of you who are active traders, and let's say "active" means multiple times per week at least, do you trade with all of your coins or do you buy and hold a certain percentage?


for me i only trade a certain amount of my profit so that i can buy other potential alt coins. it is not advisable  to use all your profit just to buy only one types of alt coins, it is better to trade different alt coins so that you have lots of sources if ever you need to invest in other trading sites. always remember that you in every investment it is much if you have the knowledge or you are experienced enough so that you know how to take care of your profit. trading doesn't require a high or low profit, it requires knowledge and the ability to work by your own strategy.
member
Activity: 364
Merit: 10
The Exchange for EOS Community
get on the exchange which has a lot of trading pairs to choose from and find trending ones and start trading
I have advised new entrants to the market that you should only invest a small amount of your capital at the beginning, once you have mastered the rules of this market. invest more. I did the opposite when I initially invested a lot and I lost most of my money, and I had to start over with a small amount of money. This is my experience.
full member
Activity: 252
Merit: 102
For me it is good to know about trading before involvement in the trading business but the important thing is the knowledge regarding crypto currency. If you have knowledge of the specific currency you may start in that because you can make good profit if you have knowledge and experience for trading you don't need to have much money you can use your skill and other people money to get trade in these coins.
full member
Activity: 210
Merit: 100
If you want to start with a very small amount then you need to remember that you need to be patient in trading because you will experience a lot of losses since you are just getting started in your trading journey. Most of the traders also start with a small amount and I think it is best if you will just treat that small amount as a learning fee and after a few weeks for sure you will be a good trader because of the practice trades that you do.
full member
Activity: 602
Merit: 118
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me

Your question directed at answering 'run with gambling', that's it just faster way. But, though, gambling is a very high-risk practice. Remember bro, Everything isn't instant now. Only with altcoin, may your goal was easier to achieve than you thought 'buy coins under $ 1'.

you cna buy cheap altcoin and wait for the price to increase

Yes, this is very true, I agree with your opinion.
full member
Activity: 490
Merit: 100
send and receive money instantly, with no hidden c
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
If you know nothing about trading, don't trade.

You will have to spend a few months, at least, to learn the basics of it. With a very small investment, it can be useful for practice. However, to earn enough for a living, I'm afraid a very small amount will not be enough. You would need a few tens of thousands of dollars for that.

The market is full of people who knows nothing about blockchain and crypto but tries to trade anything they can hear from their friends. This is pitty, please avoid this and learn on your own, or leave trading.

I suggest, you should find out first and learn first what is trading? you may lose from your ignorance of the basics of trading or trading knowledge.
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