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Topic: how to start trading with a very small amount - page 40. (Read 161325 times)

hero member
Activity: 672
Merit: 500
The obvious answer is to start trading using the minimum investment required. You don't need to put all your money on it. Set a specific amount so you can test the water first. Also, there are trading brokers that offer small amount of investment to start with, that's a good way to start. You can look for it online or from any resources available. Some trading companies sell trading software at a very hefty price, so you may need to learn the technicalities so you can trade manually without investing on some softwares and whatnot.
sr. member
Activity: 686
Merit: 277
Trading in very small amounts will lead to very small profits. Reasonable. I'd recommend increasing the number of your bitcoins to at least a small amount only at a glance. And with larger you can try some place to trade. In case if it will not be profitable in one, in another it will be at least something.
yes that is right that trading bitcoin with such a small amount of money cannot give you a big profit, but will you can expect a very small profit even if you will invest a big time in trading altcoin. therefore i will like to tell you that if you want to make some good profit even by investing such a small amount of money you should invest your money in trading altcoin. where you can buy a good amount of shares of a cheep but potentially good coin.
Still we have to consider a big amount of money, we only invest a small amount when we are just starting up because it's hard to risk a big money when you are not familiar yet as most likely you will make a wrong decision. Small capital is alright because eventually you can grow that amount bigger and bigger when you have a successful journey, just do improve your method.
- If we have experience and skills in trading, a big amount of money will be better options to make a lot of profit but if we do not know about trading, start trading with small capital will be very reasonable. Because the small capital, the risk will be small, this is the process for us to accumulate experience, profit is only a part, experience more important, and we should choose the potential altcoin to invest, pumping often occurs in potential altcoin
If someone has small amount but got the talent of trading, then he can earn more profits than a person who has big amount. No doubt, you need money but that doesn't imply you have a lot of it to start trading. Trading is all about making right decision at right time. That's all.
member
Activity: 64
Merit: 10
I have actually been trying this for weeks with smaller amounts.

I tried the day trading thing. Its... well its very difficult, even with the volatility of the market; there are far more days where its hard to trade quickly. You have to be very specific with volume to make sure its high enough to ensure you don't get trapped in a coin unable to find buy orders in time to grab gains and beat the red.

For as large as the crypto space has gotten, it really only seems to provide days good for gains around 50% of the time IMO. The only way I found to fix this is to massively increase the amount you trade. When you switch to moving a $1500 stack and can grab just 1% and gain $15 instead of 1% on a tiny $50 wallet you are playing with to avoid losing an amount that matters... well.
full member
Activity: 588
Merit: 100
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
It reminds me of a person I know that how she become rich of just being a vendor before.So I think if we concentrate on what we do and be smart to manage your business,start in a small amount and make it grow.Know how to expand and how to make it multiply to get a profit until it succeed.I might give my time and manage the money for busskness only.I'll budget first for my expenses so that my capital will grow.
full member
Activity: 574
Merit: 100
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

learn first and searching at google about trading, and then searching how to get free bitcoin  
sr. member
Activity: 406
Merit: 250
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

First you need to get some BTC, you can use BTC ATM-s or any other exchange online for BTC...

next ... Open account on few trading sites , Poloneix , Bittrex , Biance etc...

next... Put BTC on deposit on trade website and start to trade, I am pretty sure there are TONS of VIDEOS on youtube how to trade crypto....

Best regards

I don't suggest poloniex, for the beginners. Actually it's not a godd idea for amateurs as well.

Let me tell you something, so that you never make a mistake. When I first created my exchange account on Bittrex, I made a huge mistake, I sent tokens to my Bittrex Ethereum wallet and they have gone forever. Pay attention to this guys.
newbie
Activity: 4
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

First you need to get some BTC, you can use BTC ATM-s or any other exchange online for BTC...

next ... Open account on few trading sites , Poloneix , Bittrex , Biance etc...

next... Put BTC on deposit on trade website and start to trade, I am pretty sure there are TONS of VIDEOS on youtube how to trade crypto....

Best regards
member
Activity: 77
Merit: 10
Small amount, is a very subjective term.
What is small for one person, isn't necessarily small for someone else.

That aside, I wouldn't recommend trading with "small" amounts due to fees becoming more of an issue.
Also, your profit would be much less.

I think after trading with small amounts on your own, you will naturally discover what I just said and answer your own thread question.

hero member
Activity: 1022
Merit: 521
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

Trading Bitcoin in small amounts usually can't yield enough profits. If you want to get into trading, use a larger amount and invest in many different altcoins to ensure that your funds are spread out.

Bitcoin trading can be risky, so I would think that taking a few jobs on this forum or joining a signature campaign would be a better option. However, it is up to you to decide.

At the end of the day, it is always at the individual's preference - whether he will go for crypto trading or gambling. When trading, there is also 2 types of trader, day trader, and long term trader. It is really up to where you are comfortable.
Make sense I suppose. It is definitely the preference and the strategy o the individual how he/she would take out the plan. You can earn much more, just you have to be careful of whether you are trading or investing or campaigning or etc. You must have to decide so wisely.
full member
Activity: 616
Merit: 100
https://exip.live/
I think search,learn and choose 1 or 2 altcoin/token during ICO that have good in fundamental and have big potential, after listed in exchange buy it then just hold a couple month. In my experience swing trading in coin that have good in fundamental is possible to make big profit (10-15 times) a few month.
full member
Activity: 574
Merit: 108
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
The first question must be, how would I trade with large amount of btc?, thus you may try to practice with small amount then you can make it more profitble for future.
sr. member
Activity: 336
Merit: 250
Trading with a little sum is just great as an approach to learn as you can't profit if you want to acquire huge with a little sum. On the off chance that you zone truly intrigued by trading, you can simply make a record in your coveted Trading site and store bitcoins into your address and you are ready.

Traders will be getting free altcoins on regular schedule that too in a lot of various alt coins. Along these lines, calmly assembling them with the expectation of beginning trading must help any trader to get prep.
full member
Activity: 602
Merit: 101
start by buying some altcoins and learn how the rules are, but with a small amount do not expect to get big profits, start with little profit and will get a big profit if you have the skills and understand how
hero member
Activity: 909
Merit: 508
sir if i start to trade in yobit. what the minimum amount of btc to start for trading? or else the smallest amount in yobit to start to trade?
For my experience it is on 0.0001 BTC. These days it is difficult to trade with the minimum of btc because od high transfer fees. You could maybe change into doge when you want to transfer your funds somewhere.
sr. member
Activity: 763
Merit: 252
sir if i start to trade in yobit. what the minimum amount of btc to start for trading? or else the smallest amount in yobit to start to trade?
full member
Activity: 210
Merit: 100
For me it would also be advisable to start trading with smaller amount.
With this kind of trading you may only lose a small value but you could gain a lot of knowledge at the same time.
Practice using small amount first then even if it will be slow you will still gain something at the end.
legendary
Activity: 1442
Merit: 1025
Trading in very small amounts will lead to very small profits. Reasonable. I'd recommend increasing the number of your bitcoins to at least a small amount only at a glance. And with larger you can try some place to trade. In case if it will not be profitable in one, in another it will be at least something.
I think if you are starting doing trade for the first time even with smaller amount, the main focus should be on learning all the ups and downs instead of focusing on profit and loss. I will suggest everyone to go on with small amount and then keep on increasing amount when you think it’s feasible.
hero member
Activity: 1120
Merit: 507
Trading in very small amounts will lead to very small profits. Reasonable. I'd recommend increasing the number of your bitcoins to at least a small amount only at a glance. And with larger you can try some place to trade. In case if it will not be profitable in one, in another it will be at least something.
I am not in favor of trading with bitcoins. Bitcoins are so expensive and there is high demand of bitcoins in the market. Under such circumstances, trading with bitcoins is so stupid. It is pretty obvious that trading is not easy at all and there are maximum chances of going in loss.
sr. member
Activity: 980
Merit: 255
I think it is kind of useless to start trading with a very low amount of money, the fees are going to eat all your profits, if you have any

I don't know what exchange you use, but aren't fees percentage based? As such, it doesn't matter if you trade with 10$ or 1000$.
True, but what about the fees if you want to withdraw your money out of the exchange, many people complain that the fees can be very high, just look all across the forum and every week you are bound to find a thread of someone complaining about the high fees, and since the fees on bitcoin depend on the size of the transaction then the miners fee can be a high percentage of your bankroll.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
Trading in very small amounts will lead to very small profits. Reasonable. I'd recommend increasing the number of your bitcoins to at least a small amount only at a glance. And with larger you can try some place to trade. In case if it will not be profitable in one, in another it will be at least something.
yes that is right that trading bitcoin with such a small amount of money cannot give you a big profit, but will you can expect a very small profit even if you will invest a big time in trading altcoin. therefore i will like to tell you that if you want to make some good profit even by investing such a small amount of money you should invest your money in trading altcoin. where you can buy a good amount of shares of a cheep but potentially good coin.
Still we have to consider a big amount of money, we only invest a small amount when we are just starting up because it's hard to risk a big money when you are not familiar yet as most likely you will make a wrong decision. Small capital is alright because eventually you can grow that amount bigger and bigger when you have a successful journey, just do improve your method.
I do not know the strategy of other trader at here but my strategy when trade cryptocurrency always withdraw my funds after take big profit or enough my target balance account. It helps me avoid situation worry or stress trade a huge money like your said.
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