how to start trading with a very small amount - page 81.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: terman45x on October 20, 2016, 11:35:46 AM

Quote from: iqlimasyadiqa on October 20, 2016, 10:21:09 AM

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

accuracy and also choosing the right time can make us benefit. plus a luck factor. it will cause you to make a profit. take a look at how a coin moves, ascent and decline. you have to take the momentum that existed at the time.

Taking right action at the right time is very important when you are playing with altcoins as you cannot afford to miss the dumps and pumps and if you miss then it won't be profitable for you.

Exactly and if we don't know about pump and dump of a particular coin then something dangerous can happen which is - we buy the coin in pump and sell while dump ! So knowledge about the coin you are investing in is must and never get too greedy and think of 20-30% profit is enough and good, don't rush for triple or double your money.

Vhern

sr. member

Activity: 322

Merit: 250

Quote from: Indrawan77 on October 22, 2016, 12:35:42 AM

Quote from: Bitcoinsummoner on October 21, 2016, 02:57:40 PM

Quote from: mishra1994u on October 21, 2016, 02:44:29 PM

With really small amount i think its really difficult to do day trading of bitcoins in the exchanges but altcoins trading is possible with small amount of bitcoins as well specially in exchanges like yobit where you can buy altcoins which worth only few satoshies.

Small amount is hard and borring to trade for me.. and you can do in daily trade with small amount.. but it can help you to learn how to trade..
And yeah yobit is one of the good place where you can buy cheap altcoin..

It is true that small amount of trading is a boring trading, but we need it to learn how to trade properly and to know what is the risk, after you got the skill go big, you will be able to earn a lot, small amount trade is only for practice your skill

The reason for why people start with small amount is logic... You will lose it because you have no experience...

If one side are winning, the other side have to lose. That's simple.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: Indrawan77 on October 22, 2016, 12:35:42 AM

Quote from: Bitcoinsummoner on October 21, 2016, 02:57:40 PM

Quote from: mishra1994u on October 21, 2016, 02:44:29 PM

With really small amount i think its really difficult to do day trading of bitcoins in the exchanges but altcoins trading is possible with small amount of bitcoins as well specially in exchanges like yobit where you can buy altcoins which worth only few satoshies.

Small amount is hard and borring to trade for me.. and you can do in daily trade with small amount.. but it can help you to learn how to trade..
And yeah yobit is one of the good place where you can buy cheap altcoin..

It is true that small amount of trading is a boring trading, but we need it to learn how to trade properly and to know what is the risk, after you got the skill go big, you will be able to earn a lot, small amount trade is only for practice your skill

You will only feel that it's boring when you are not a beginner and you have stayed and one trading a longer time already. Putting a decent amount is good for those who have mastered its way to make consistent money in trading but you cannot easily achieve that, you need to learn from your experience.

Indrawan77

hero member

Activity: 1274

Merit: 516

Quote from: Bitcoinsummoner on October 21, 2016, 02:57:40 PM

Quote from: mishra1994u on October 21, 2016, 02:44:29 PM

With really small amount i think its really difficult to do day trading of bitcoins in the exchanges but altcoins trading is possible with small amount of bitcoins as well specially in exchanges like yobit where you can buy altcoins which worth only few satoshies.

Small amount is hard and borring to trade for me.. and you can do in daily trade with small amount.. but it can help you to learn how to trade..
And yeah yobit is one of the good place where you can buy cheap altcoin..

It is true that small amount of trading is a boring trading, but we need it to learn how to trade properly and to know what is the risk, after you got the skill go big, you will be able to earn a lot, small amount trade is only for practice your skill

geopolisch

hero member

Activity: 1022

Merit: 511

Quote from: sky0910 on March 13, 2016, 12:56:47 AM

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

My honest answer would be " please don't start trading with small amount of bitcoins " yes though you can easily invest in some ICO sales like the recent sale of ICONOMI because these sort of coins or tokens would give you high profit, anyways trading is difficult, just back a coin if you have less bankroll or starting money.

Bitcoinsummoner

hero member

Activity: 1386

Merit: 623

Maintain Social Distance, Stay safe.

Quote from: mishra1994u on October 21, 2016, 02:44:29 PM

With really small amount i think its really difficult to do day trading of bitcoins in the exchanges but altcoins trading is possible with small amount of bitcoins as well specially in exchanges like yobit where you can buy altcoins which worth only few satoshies.

Small amount is hard and borring to trade for me.. and you can do in daily trade with small amount.. but it can help you to learn how to trade..
And yeah yobit is one of the good place where you can buy cheap altcoin..

mishra1994u

full member

Activity: 196

Merit: 100

With really small amount i think its really difficult to do day trading of bitcoins in the exchanges but altcoins trading is possible with small amount of bitcoins as well specially in exchanges like yobit where you can buy altcoins which worth only few satoshies.

martinacar

sr. member

Activity: 462

Merit: 250

Quote from: stromma44 on October 21, 2016, 01:46:36 PM

Quote from: el kaka22 on October 21, 2016, 01:15:42 PM

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

Apart from knowledge, there is a word PATIENCE and I believe at least this is a must if you are a trader or want to become one. I myself when was new in trading used to get worried when the price of any coins I bought got less and then the panic resulted in selling those coins, later I usedto regret since they slowly climbed the ladder and got back to normal price.

Yup patience is the key to make profits in trading and if you lack patience then you are surely putting your money at wrong place which will bring only loss for you and nothing else.

You are right but I think that you can better first start to grow your bitcoin a bit and than later on start trading, I would never trade with low amounts because its simply not profitable at all.

stromma44

hero member

Activity: 952

Merit: 1000

Quote from: el kaka22 on October 21, 2016, 01:15:42 PM

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

Apart from knowledge, there is a word PATIENCE and I believe at least this is a must if you are a trader or want to become one. I myself when was new in trading used to get worried when the price of any coins I bought got less and then the panic resulted in selling those coins, later I usedto regret since they slowly climbed the ladder and got back to normal price.

Yup patience is the key to make profits in trading and if you lack patience then you are surely putting your money at wrong place which will bring only loss for you and nothing else.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

Apart from knowledge, there is a word PATIENCE and I believe at least this is a must if you are a trader or want to become one. I myself when was new in trading used to get worried when the price of any coins I bought got less and then the panic resulted in selling those coins, later I usedto regret since they slowly climbed the ladder and got back to normal price.

fkvidar

hero member

Activity: 924

Merit: 1000

Quote from: Golftech on October 21, 2016, 06:03:58 AM

Quote from: ekoice on October 21, 2016, 05:56:41 AM

Invest your Btc in a Altcoin. If you want to earn quickly, invest in a new Altcoin, but you have chance of loosing your total investment also if you do so.Its highly volatile.Better invest in a Altcoin which has good reputation.

always trace and research first before you invest your money even you only have small capital be observant try to read more about the coin that you will going to support buy low sell high if the coin is a moving coin and look for the volume.

Yes if you are investing in altcoins then its better to look at its volume as those are the coins whom we can trusts they will not die easily and have potential to give us good profits in future.

Zooplus

legendary

Activity: 1106

Merit: 1000

Quote from: bamboylee on October 21, 2016, 06:23:45 AM

Quote from: TastyChillySauce00 on October 18, 2016, 06:38:41 AM

Quote from: torrentheaven on October 17, 2016, 06:08:59 PM

Yeah and many of us thinks that making profits in trading is very easy but the reality is totally different and if you are new to trading then its always good to start with a small capital to minimize risks.

well that's why experted traders always reccommend to start with low amount or even learn about trading fully in some specific site to avoid the lack of knowledge when starting to be a traders,that's such a useful advise while the others only forcing people to do trading even without knowledge

And if possible, you should start on practice trading. Just like on forex platforms, there are practice trading accounts that let you practice your techniques and strategies using demo account against live values. Bitcoin trading is just like that, so maybe you can practice there. But if not, you can always start small because in some sites 100K sats is enough to start trading.

It's better here cause you can start with a little amount to trade, at least when you start you are using real money and that adds a little thrill on your practice in trading, it is just important that you need to know the right timing, and you can tell that since you are the one controlling your self.

bamboylee

hero member

Activity: 1148

Merit: 504

Quote from: TastyChillySauce00 on October 18, 2016, 06:38:41 AM

Quote from: torrentheaven on October 17, 2016, 06:08:59 PM

Yeah and many of us thinks that making profits in trading is very easy but the reality is totally different and if you are new to trading then its always good to start with a small capital to minimize risks.

well that's why experted traders always reccommend to start with low amount or even learn about trading fully in some specific site to avoid the lack of knowledge when starting to be a traders,that's such a useful advise while the others only forcing people to do trading even without knowledge

And if possible, you should start on practice trading. Just like on forex platforms, there are practice trading accounts that let you practice your techniques and strategies using demo account against live values. Bitcoin trading is just like that, so maybe you can practice there. But if not, you can always start small because in some sites 100K sats is enough to start trading.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: ekoice on October 21, 2016, 05:56:41 AM

Invest your Btc in a Altcoin. If you want to earn quickly, invest in a new Altcoin, but you have chance of loosing your total investment also if you do so.Its highly volatile.Better invest in a Altcoin which has good reputation.

always trace and research first before you invest your money even you only have small capital be observant try to read more about the coin that you will going to support buy low sell high if the coin is a moving coin and look for the volume.

chaosknight

hero member

Activity: 868

Merit: 1000

Quote from: BitcoinPC on October 21, 2016, 04:30:00 AM

Quote from: freedomgo on October 21, 2016, 04:20:15 AM

Quote from: icecube45 on October 21, 2016, 03:37:51 AM

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

Actually, it is true that large or small amount of free trade, but to start trading may be better to try a small amount. It was done with the purpose for trade requires learning so at the earliest time when the small amount if it fails we have nothing to lose in large numbers. To understand the trade does require a good learning. Once we got used to trade for sure we will have a strategy to profit in trading.

You can learn trading easily but you cannot master it overnight, the key to make money in trading is not by just learning how to do it but with proper usage of our experience and our ability to adjust every time we have mistakes in trading.

Many time our experience and skills don't work when we miss the right moment to make profit, i am doing trading since last year, and now i can say that i have a experience of trading, but in that way, many time i get lose, whenever i thought may be the coins price would be increased and many time i was wrong, So i can use the word of luck, if you have good luck than definitely no problem in your earning money from trading.

Luck and patience are two important factors to make profits in trading and if you lack anyone of them then it can suffer you big loss and its impossible to take right decision every time.

ekoice

hero member

Activity: 742

Merit: 500

Invest your Btc in a Altcoin. If you want to earn quickly, invest in a new Altcoin, but you have chance of loosing your total investment also if you do so.Its highly volatile.Better invest in a Altcoin which has good reputation.

BitcoinPC

hero member

Activity: 812

Merit: 500

Quote from: freedomgo on October 21, 2016, 04:20:15 AM

Quote from: icecube45 on October 21, 2016, 03:37:51 AM

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

Actually, it is true that large or small amount of free trade, but to start trading may be better to try a small amount. It was done with the purpose for trade requires learning so at the earliest time when the small amount if it fails we have nothing to lose in large numbers. To understand the trade does require a good learning. Once we got used to trade for sure we will have a strategy to profit in trading.

You can learn trading easily but you cannot master it overnight, the key to make money in trading is not by just learning how to do it but with proper usage of our experience and our ability to adjust every time we have mistakes in trading.

Many time our experience and skills don't work when we miss the right moment to make profit, i am doing trading since last year, and now i can say that i have a experience of trading, but in that way, many time i get lose, whenever i thought may be the coins price would be increased and many time i was wrong, So i can use the word of luck, if you have good luck than definitely no problem in your earning money from trading.

freedomgo

legendary

Activity: 3150

Merit: 1148

Fully Regulated Crypto Casino

Quote from: icecube45 on October 21, 2016, 03:37:51 AM

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

Actually, it is true that large or small amount of free trade, but to start trading may be better to try a small amount. It was done with the purpose for trade requires learning so at the earliest time when the small amount if it fails we have nothing to lose in large numbers. To understand the trade does require a good learning. Once we got used to trade for sure we will have a strategy to profit in trading.

You can learn trading easily but you cannot master it overnight, the key to make money in trading is not by just learning how to do it but with proper usage of our experience and our ability to adjust every time we have mistakes in trading.

icecube45

legendary

Activity: 1218

Merit: 1000

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

Actually, it is true that large or small amount of free trade, but to start trading may be better to try a small amount. It was done with the purpose for trade requires learning so at the earliest time when the small amount if it fails we have nothing to lose in large numbers. To understand the trade does require a good learning. Once we got used to trade for sure we will have a strategy to profit in trading.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: dezoel on October 20, 2016, 10:02:27 AM

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

That's right, the main issue is how knowledgeable a trader is and not whether the trader is trading with small or big amount, because either way, a skillful trader can always make some profit. However a trader is better-off trading with a big amount because that creates an enabling environment for him/her to survive lots of surprises the market often throws and that is besides the fact, that with a knowledgeable and skillful trader, more profit can readily be made and in lesser time, thus avoiding over trading.

Topic: how to start trading with a very small amount - page 81. (Read 161303 times)