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Topic: how to start trading with a very small amount - page 6. (Read 161340 times)

jr. member
Activity: 308
Merit: 1
I would advise to start trading not on the crypto market but at the forex one. It is much more sucure for newbie users. Moreover it also provides leverage that could help new users to increase the deposit
hero member
Activity: 952
Merit: 500
You can create an account on the exchanger you prefer and deposit small amount of capital on it. I suggest you that you study and research a good and potential coin to buy. Goodluck.
Theory and actual practice is very important so you can take it a journey, slowly you start with a small capital
so the loss will not be hard for you since most of the time newbie loss money at the beginning.
But, as long as you pursue and continue to learn your mistakes, you have a chance for the success you are expecting.
newbie
Activity: 154
Merit: 0
You can create an account on the exchanger you prefer and deposit small amount of capital on it. I suggest you that you study and research a good and potential coin to buy. Goodluck.
member
Activity: 196
Merit: 10
That is true when you trade with bitcoin, you can start trading with very small amount of bankroll - which, I also recommend to starters like me. It is so hard to lose big money while you are still learning good trading crypto currencies. The great thing from the mistakes we make is that we learn from them.
jr. member
Activity: 197
Merit: 1
irst, you should learn about trading. But I guess that's why you're here, aren't you? Next, you should look up your current opportunities and decide whether it's what you really want to trade in. That's better to start to earn and learn some experience without using any fund from your own pocket.  Grin Cheesy
full member
Activity: 462
Merit: 100
before starting the first thing you should do is educate yourself, study the subject and especially have a lot of financial education, because it looks easy but it is very risky and you can both win and lose, you could use small amounts but in very stable currencies. you should mainly use money that you do not need
sr. member
Activity: 532
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

Just do research the different strategies on how are you going to trade a small amount that gives you profit. For me in order for you to multiply your small amounts you need to do short trading. Just sell your coins and buy a new one that are not expensive and of course that has potential then trade it again just do it until you got a profit.
in my opinion using one strategy could be better for us.sometime using several methode or trading system make us confuse.and we become hesitate when opening a transaction.
full member
Activity: 364
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

Just do research the different strategies on how are you going to trade a small amount that gives you profit. For me in order for you to multiply your small amounts you need to do short trading. Just sell your coins and buy a new one that are not expensive and of course that has potential then trade it again just do it until you got a profit.
hero member
Activity: 1008
Merit: 500
Using small amounts of money is a good way to learn and study trading because as you said, majority of the trading sites of cryptocurrencies doesn't offer demo account because it is very easy to try and deposit some bitcoins to their site and they doesn't require too much capital so everyone can try even small amount
That's right, when I am beginner in the trading world, I also use a small capital to learn trading, because usually all the beginners certainly suffered losses when started trading, So I suggest to use a small capital when you start learning trading, we can choose any cheap coins to trade.
member
Activity: 658
Merit: 10
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

Hello Sky0910 ,
I am in the same situation. What did you do ?

Thanks
I think with a small amount of money you should not trade anything. You need to cultivate more knowledge about cryptocurrency, which will help you a lot when you start trading.
Even though it's a small amount of money you always expect it to increase in a little while, it will keep you focused on the cost of the altcoin. It distracted you from the surroundings and you will be stressed.
member
Activity: 364
Merit: 10
If you have small balance about 0.005 BTC, you can still trading, you can try to buy 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 1 btc in one week.
some exchanges like hitbtc dont allow small amounts of capital they have minimum purchase. better choose an exchange where you can maximize your portfolio.
legendary
Activity: 1442
Merit: 1016
I would advise to use leverage firstly to increase the deposit. If u are lucky with leverage then u have more chances to make goid money with bigger deposit

No this is a bad advise!
Instead people (traders) with a small account should try to trade medium size coins. They should have a close look at the charts and find certain patterns which they can use to their advantage. Like a bigger breakout every 4 weeks, or a typical fat finger trade pattern for instance.
Of course you should have a basic knowledge of TA, finding patterns recognize certain structures and position sizing. If you have those skills you can double your account in two weeks. So if you start with $1000 account you can grow it to $2000 after 2 weeks.
This is however not "easy peasy" as some may think. It takes discipline, hours of trading per day and the right attitude. 
member
Activity: 406
Merit: 10
I would advise to use leverage firstly to increase the deposit. If u are lucky with leverage then u have more chances to make goid money with bigger deposit
member
Activity: 294
Merit: 36
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

Since the title states that you will start with a small amount; I would suggest that you choose to trade those coins that are about a dollar or lower in value so that if you would only spare a small amount of money, you still can get a substantial amount of coin. In trading, it's better to have a good amount of coin because that gives you freedom to trade a little more aggressively as supposed to being in the safe side all the time.
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
On my U2 site you can start to trade with $0.01
You have just to claim for free and then trade with.
and you give start-up capital for registration of your account? Many sites today offer such a service ..

Yes I do.
vouchers worth 3000 satoshi.
and 500 satoshi pending payout you can reinvest or trade for cents or keep for the payout when you reached minimum payout.
But the fun is to increase profit on long term not to get few satoshi or cent quickly.

You can not compare my site because it is UNIQUE on the net...
I doubt someone is enough crazy to programme such a site...
member
Activity: 167
Merit: 10
Having begun to trade with the small sum of money, you can't earn a large sum money. So it is really necessary to begin a large sum of money in trade for you to earn also large sum of money, but you have to have many trade strategy before investing the money
full member
Activity: 490
Merit: 100
On my U2 site you can start to trade with $0.01
You have just to claim for free and then trade with.
and you give start-up capital for registration of your account? Many sites today offer such a service ..
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
On my U2 site you can start to trade with $0.01
You have just to claim for free and then trade with.
member
Activity: 398
Merit: 10
Did you mean a small amount? It is possible to do so but you need to increase your profit margin very quickly. I recommend learning about margin. There are some exchanges that use margin techniques such as Poloniex, Bitmex, Bithum, Okex. Margin will help you increase profits many times but also make you lose a lot. Be careful, good luck.
newbie
Activity: 36
Merit: 0
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