You need to study the basics first in trading like reading up about the important tools or things needed in trading. You have to understand technical and fundamental analysis. Market psychology is also important because in this part it can make or break the trader. When I am still starting to trade, I have problems controlling my emotions that whenever the price doesn't go my way, I would panic and would think of selling not knowing that later on, it is just a correction so the price would bounce and go back up. You have to understand the terms like bull or bear market, consolidation, trends and other important terminologies that you will understand when you read up about it. I can recommend babypips.com for understanding it. You should have a trading plan always before you enter the market.
As for trading with small amount, you can start with one or two coins that you know what their purpose is which is the fundamentals and then look at the charts if what the current of the market is. You can try buying at the dip but don't use all your funds at once. You can divide it to four and slowly buy so that you can average down in case the price go down. After you bought, you can set up a target price or you can use trailing stop loss to secure your profits.
Topic: how to start trading with a very small amount - page 34. (Read 161319 times)
Read a lot more here in trading section from this forum most specially those that came from the higher ranking accounts. I just learned here in the forum the majority that I know from bitcoin. I also joined a lot of group in telegram and messenger so that I can confirm and ask people about what I understand (BE CAREFUL, there are a lot of seminar and trainings about trading that gets a lot of money from you).
Then I started in small amount by buying a certain alternative coin and understand how to trade it in bitcoin.
Create an account in exchange. I recommend poloniex, it is a lot more easy to understand than other exchange, for me.
Then you need a blockfolio to track your coin, it is an app from playstore. In case you have alot of coin in your holdings. (I recommend on just trading two coins or three. But if you are into long term you can buy more if you wanted there platform everything is up to you.
Study candlesticks etc. And always stay tuned on the news of the coins that you invest, for you to be updated if there will be a project. Some news manipulate the dump and pump of a coin. Like what happened on China issues about ICOs and bitcoin exchange. Happy trading!
Then I started in small amount by buying a certain alternative coin and understand how to trade it in bitcoin.
Create an account in exchange. I recommend poloniex, it is a lot more easy to understand than other exchange, for me.
Then you need a blockfolio to track your coin, it is an app from playstore. In case you have alot of coin in your holdings. (I recommend on just trading two coins or three. But if you are into long term you can buy more if you wanted there platform everything is up to you.
Study candlesticks etc. And always stay tuned on the news of the coins that you invest, for you to be updated if there will be a project. Some news manipulate the dump and pump of a coin. Like what happened on China issues about ICOs and bitcoin exchange. Happy trading!
Have an experience in trade or have you done yet ? Try to learn more and more. Otherwise you will be losers. With small amount you will not make enough profit. You should invest huge to best result.
The purpose of starting to trade with a low amount of money is not to make a lot of money, the real purpose is to learn your way around the trading platform and to test your skills as a trader, if after a predetermined amount of trades you come up with a small profit then you can trade with a bigger amount and see how it goes, if you keep getting good results now you can trade with all your bankroll.But on the other hand, it could also become a risk for you and therefore, some sort of guidance must be taken if you are a beginner in this field.
you can make research for the coin you want to invest.we all know there are lots of possible strategies you can try in order to gain some profit,just like you, i make research so i suggest go on a trade and see it for urself because in the end we always wanted to buy low and sell high
if you starting with a small amount try applying your patterns you learned and try to earn profit (be in mind that trading is still a risk of loosing money so try to earn not loose.)
Can anybody recommend a few good websites for trading altcoins?
Go for Bittrex, Liqui or Poloniex. Bittrex is the best among others. You can get anything from there, like fast response, chart, or anything which needed for your trade. Poloniex was a good one, but i don't too recommended it again because it has many problem from their own user and the OP's account even got many negative trustyes really can be a reference also for me because I also started trading with a small amount and that note to me that trading requires a good strategy and all there are risks, all back to us to be more spirited even start with a small amount
Buy bitcoins at law price and sell at high price ; when price increased.it's called trading.
Trading is the smart way to multiply your btc.And you can also start trading with deposite $10 at the www.iqoption.com
Trading is also risky but also more profitable.
Trading is the smart way to multiply your btc.And you can also start trading with deposite $10 at the www.iqoption.com
Trading is also risky but also more profitable.
Have an experience in trade or have you done yet ? Try to learn more and more. Otherwise you will be losers. With small amount you will not make enough profit. You should invest huge to best result.
The purpose of starting to trade with a low amount of money is not to make a lot of money, the real purpose is to learn your way around the trading platform and to test your skills as a trader, if after a predetermined amount of trades you come up with a small profit then you can trade with a bigger amount and see how it goes, if you keep getting good results now you can trade with all your bankroll.But on the other hand, it could also become a risk for you and therefore, some sort of guidance must be taken if you are a beginner in this field.
What sort of guidance you are referring too? Trading tutorials? what sort?
Percentage wise, you might be correct. If you want to have a career with it, I do not think you can go anywhere with a fairly small amount. The time you spend on it does not worth it.
Have an experience in trade or have you done yet ? Try to learn more and more. Otherwise you will be losers. With small amount you will not make enough profit. You should invest huge to best result.
The purpose of starting to trade with a low amount of money is not to make a lot of money, the real purpose is to learn your way around the trading platform and to test your skills as a trader, if after a predetermined amount of trades you come up with a small profit then you can trade with a bigger amount and see how it goes, if you keep getting good results now you can trade with all your bankroll.But on the other hand, it could also become a risk for you and therefore, some sort of guidance must be taken if you are a beginner in this field.
You can first find a trading site you want. Options are Livecoin and bittrex this two site are the two I'm trading with.
Second, look at the interface and download what wallet is compatible with then watch videos about it so you can learn how it works.
Lastly, you can start trading. Happy trading
Second, look at the interface and download what wallet is compatible with then watch videos about it so you can learn how it works.
Lastly, you can start trading. Happy trading
yes I agree must first understand about trading and can choose the right market, keep learning and be patient to get profit do not hurry
You could even start trading by investing just a small amount like 0.01 btc and thats why its said that trading is the legit and best source of earning bitcoins.Just do a general research about crypto coins so that you could get an idea about which coins are older and newer coins.Since you are a newbie,better invest in older coins like ethereum,dogecoin,etc.Fix a target of 5% as profit margin and as soon as you reach that target,just sell that coins and finish the trade.Then reinvest your amount in another coin and continue the trade.
5% is attainable but I found my comfort zone at 3% where I usually hit my 3% target gain very fast and therefore boosting my confidence. Although I am not doing all in trade because I really learned my lesson when the price of etherium down too hard and I got my coins in prison for couple of weeks or it was months..
I feel comfortable when my daily profit is 3 to 5%. But it can be difficult, because there is a risk of buying coins, which immediately go down. But from this no one is immune, it's hard to guess how the coin will behave
You can follow this forum to increase your knwledge on how to invest in bitcoin than you can start with a budget that wont make you feel upset
trading with small amounts may try first in altcoin and must be careful, must have a good strategy to benefit learn from experienced people
New people in trading should apply this, trading in small amount first while learning the basic and the rules to avoid losing big amount of money. And also to avoid panic selling.
You could even start trading by investing just a small amount like 0.01 btc and thats why its said that trading is the legit and best source of earning bitcoins.Just do a general research about crypto coins so that you could get an idea about which coins are older and newer coins.Since you are a newbie,better invest in older coins like ethereum,dogecoin,etc.Fix a target of 5% as profit margin and as soon as you reach that target,just sell that coins and finish the trade.Then reinvest your amount in another coin and continue the trade.
5% is attainable but I found my comfort zone at 3% where I usually hit my 3% target gain very fast and therefore boosting my confidence. Although I am not doing all in trade because I really learned my lesson when the price of etherium down too hard and I got my coins in prison for couple of weeks or it was months..
You could even start trading by investing just a small amount like 0.01 btc and thats why its said that trading is the legit and best source of earning bitcoins.Just do a general research about crypto coins so that you could get an idea about which coins are older and newer coins.Since you are a newbie,better invest in older coins like ethereum,dogecoin,etc.Fix a target of 5% as profit margin and as soon as you reach that target,just sell that coins and finish the trade.Then reinvest your amount in another coin and continue the trade.
Investment with the small amount that into trading good is not the idea. it will take ages to make a good amount of the money because some coins will increase its price with in a day and some will take a lot of time so you have to wait patiently until you make a profit on it.
I totally disagree! I feel it is even the best way to start. You cannot just star trading as a newboe and start with a huge amount of money. Try with the little you have, learn from mistakes and get better until you are sure you won't miss those big gains with more cash.
You can first find a trading site you want. Options are Livecoin and bittrex this two site are the two I'm trading with.
Second, look at the interface and download what wallet is compatible with then watch videos about it so you can learn how it works.
Lastly, you can start trading. Happy trading
Second, look at the interface and download what wallet is compatible with then watch videos about it so you can learn how it works.
Lastly, you can start trading. Happy trading
Investment with the small amount that into trading good is not the idea. it will take ages to make a good amount of the money because some coins will increase its price with in a day and some will take a lot of time so you have to wait patiently until you make a profit on it.
I totally disagree! I feel it is even the best way to start. You cannot just star trading as a newboe and start with a huge amount of money. Try with the little you have, learn from mistakes and get better until you are sure you won't miss those big gains with more cash. 
I've read a lot about trading, but I don't understand it. It's very difficult for me.
If we want a trading how much to money if calculated in dollars (USD), minimal?.
If we want a trading how much to money if calculated in dollars (USD), minimal?.
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