how to start trading with a very small amount - page 82.

terman45x

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

Quote from: dezoel on October 20, 2016, 09:02:27 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.

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Quote from: dezoel on October 20, 2016, 09:02:27 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.

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Quote from: dezoel on October 20, 2016, 09:02:27 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.

Knowledge is not important unless you have applied it practically.Applying it in this context,simply knowing when bitcoin rises and what to do when that happens is not as important as making the right trade with profitable margins at that exact moment.Each and every second counts.A smart trader would play with a few satoshis real time than reading pages.

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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.

Victorycoin

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Quote from: candy27 on March 15, 2016, 10:34:30 AM

Join a site like Poloniex that has a low minimum trade (about 10,000 satoshi). Then use some faucets to get your starting money. Then experiment, only risking 10,000 satoshi at a time (it's like risking 1 cent). Once after you are confident that you know what you are doing, should you trade with larger amounts. It's no big deal if a trade goes wrong and you lose the equivalent of 1 cent - but it hurts if it is several hundred dollars. So make your mistakes with small amounts.

This is certainly a plus one advice! There is surely going to be other trading opportunities and the market is here to stay, so the best bet is to become properly equipped for handling the market and there can be no other way than learning and testing the waters with little amounts until one's able to find one's way in handling the ever present market uncertainties.

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Quote from: goldcoinminer on October 19, 2016, 06:46:31 AM

Quote from: Jasad on October 18, 2016, 08:41:53 PM

Quote from: richardsNY on October 18, 2016, 02:57:30 PM

Quote from: StoreBit on October 18, 2016, 09:34:00 AM

that is a good point of bitcoin that can do trading even with a small amount of bitcoin, if you invest your bitcoin in alt coin you can trade a good amount of alt coin with little investment

The problem with a lot people here is that they take too much risks with low initial amounts. And that's mostly the case when they look into altcoins. They see that certain altcoins explode in value, and as reaction they will start expecting such returns for their investment too. This is a dangerous way of thinking/trading. Never expect too much as it will only result in a disappointment.

people always be greedy when talking about doubling their money ,
they want a high profit but with low amount and don't want to take a risk too much ,
this things only can happened in your dream ,
real world are so hard to face , you need to have a large capital to maximize your potential profit in trading or you may will get nothing with that small amount.

That's right, be realistic when it comes to trading, if you want a bigger income then it is just right to start with a bigger capital although we can start trading with a small amount of money, with small amount of money that is only good if you are just starting and still in the learning process.

If you are new to trading industry then its always good to start with a small capital to minimize the risks and after spending enough time you can go with higher capital.

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Quote from: Jasad on October 18, 2016, 08:41:53 PM

people always be greedy when talking about doubling their money ,
they want a high profit but with low amount and don't want to take a risk too much ,
this things only can happened in your dream ,
real world are so hard to face , you need to have a large capital to maximize your potential profit in trading or you may will get nothing with that small amount.

Just want to add in terms of being a greed one.

This is present mostly in altcoin trades, being a greed one. Others are lucky that they able to bought coins at cheap price during ICO period and seeing the price really goes on a surge after that they will hold obviously. Realizing they can earn more they will not get out even with a sure profit thinking regrets will follow if they will dump. And now what happen? Instead of getting more profits they hold more resulting for low profit or much worse a lose.

Anyways putting small amount is fine just don't rush things and expect to make profit in just a short period of time. Trading is not like that since we are playing with the price fluctuations which is highly active in terms of altcoin trading.

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Quote from: Jasad on October 18, 2016, 08:41:53 PM

Quote from: richardsNY on October 18, 2016, 02:57:30 PM

Quote from: StoreBit on October 18, 2016, 09:34:00 AM

that is a good point of bitcoin that can do trading even with a small amount of bitcoin, if you invest your bitcoin in alt coin you can trade a good amount of alt coin with little investment

The problem with a lot people here is that they take too much risks with low initial amounts. And that's mostly the case when they look into altcoins. They see that certain altcoins explode in value, and as reaction they will start expecting such returns for their investment too. This is a dangerous way of thinking/trading. Never expect too much as it will only result in a disappointment.

people always be greedy when talking about doubling their money ,
they want a high profit but with low amount and don't want to take a risk too much ,
this things only can happened in your dream ,
real world are so hard to face , you need to have a large capital to maximize your potential profit in trading or you may will get nothing with that small amount.

That's right, be realistic when it comes to trading, if you want a bigger income then it is just right to start with a bigger capital although we can start trading with a small amount of money, with small amount of money that is only good if you are just starting and still in the learning process.

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Quote from: richardsNY on October 18, 2016, 02:57:30 PM

Quote from: StoreBit on October 18, 2016, 09:34:00 AM

that is a good point of bitcoin that can do trading even with a small amount of bitcoin, if you invest your bitcoin in alt coin you can trade a good amount of alt coin with little investment

The problem with a lot people here is that they take too much risks with low initial amounts. And that's mostly the case when they look into altcoins. They see that certain altcoins explode in value, and as reaction they will start expecting such returns for their investment too. This is a dangerous way of thinking/trading. Never expect too much as it will only result in a disappointment.

people always be greedy when talking about doubling their money ,
they want a high profit but with low amount and don't want to take a risk too much ,
this things only can happened in your dream ,
real world are so hard to face , you need to have a large capital to maximize your potential profit in trading or you may will get nothing with that small amount.

richardsNY

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Quote from: StoreBit on October 18, 2016, 09:34:00 AM

that is a good point of bitcoin that can do trading even with a small amount of bitcoin, if you invest your bitcoin in alt coin you can trade a good amount of alt coin with little investment

The problem with a lot people here is that they take too much risks with low initial amounts. And that's mostly the case when they look into altcoins. They see that certain altcoins explode in value, and as reaction they will start expecting such returns for their investment too. This is a dangerous way of thinking/trading. Never expect too much as it will only result in a disappointment.

BitsandBites

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Quote from: Viyamore on October 17, 2016, 02:16:21 AM

Quote from: robustnet on October 17, 2016, 02:06:54 AM

Can you guys give me an advise which bitcoin exchange to start trading? I assume its a 24hrs, all day, all year trading. unlike stock trading which is good only for office hours. right? -newbie here also.

Well,, there's so many exchanges out there you have only to search it from google .but i will give the popular exchanges i know.
Poloniex ,c-cex , bittrex ,cryptopia,yobit .that's all . It operates 24/7 all day .goodluck on your starting make sure to have least amounts to spend and get some learnings and experience first.

I think its better to first gain bitcoins with signature campaigns and if you have a nice amount than start trading its more profitable and also better in my eyes but its of course your own choice when and how you want to do it!

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Quote from: StoreBit on October 18, 2016, 09:34:00 AM

that is a good point of bitcoin that can do trading even with a small amount of bitcoin, if you invest your bitcoin in alt coin you can trade a good amount of alt coin with little investment

I agree that we can start trading with a subtle amount starting from a mere cent. That is the beauty of cryptocurrency; we don't need a huge amount of fund to start trading. All we need is a huge amount of patience, knowledge and researches, and of course smart trading. We can be able to multiply our cent into hundreds of dollar if we are knowledgeable enough in our trading.

StoreBit

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that is a good point of bitcoin that can do trading even with a small amount of bitcoin, if you invest your bitcoin in alt coin you can trade a good amount of alt coin with little investment

ronaldo40

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Quote from: TastyChillySauce00 on October 18, 2016, 05:38:41 AM

Quote from: torrentheaven on October 17, 2016, 05:08:59 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

most of them have seen the results of other people who always get great results from trading, but in fact they do not know that it takes something big. such as large capital is also a good knowledge.
I myself when to get trading advice from others, then I tried it and when it I always lose, it is also very confused when determining selection of coins that I can buy. but in the end I had a trading group and it was very helpful. so my advice you have a friend who is an expert in the trade and joined them.

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Quote from: mirakal on October 13, 2016, 08:40:44 AM

Quote from: The_prodigy on October 13, 2016, 08:11:57 AM

I'll tell you want sir , you need to learn more about trading , trading is not like you want to earn money its not actually a machine that it can gives us instantly money trading need skills yes you can start trading even your newbie but you need to learn from the basics so that you will not lose bitcoin there.

Quote from: sky0910 on March 12, 2016, 11:56:47 PM

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

That is true, do not easily believe when others say that trading is the easiest way to make money because not all of us has the skills to make it, you need to be good in analyzing the data you are seeing in order to make the right decision.

Trading is not that easy and if you are going to believe that you are going to sign up to exchange website just to earn profit sometimes yes trading is making profit if you timing that the coins price is much more cheaper and then you found out that in the another exchange website the coins are much more expensive buy low sell high.

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Quote from: torrentheaven on October 17, 2016, 05:08:59 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

bamboylee

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Quote from: mirakal on October 17, 2016, 02:26:21 AM

Every newbie should start with trading a small amount of money, we can start with small amount of course as there are a lot of trading sites here that accept a minimum amount to start trading, in fact that is the advantage trading in crypto world that the other trading sites.

That is right, you can start trading by 100K sats. The advantage in that is you can test your skill without risking too much money. If you lose, you only lose little. But if you win, you gain a lot of experience and that is a win even if you just gain small amounts. And that is good for newbie and even those who are trying out new trading strategies.

gokayc

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Quote from: sky0910 on March 12, 2016, 11:56:47 PM

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 of all you should start from reading all topics about trading in this forum. Investment in yourself is the best investment. There are many success stories and experiences in this forum so you can get benefit by reading all of them for free.

Good luck.

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Quote from: Whosdaddy on October 17, 2016, 02:02:38 PM

Quote from: 1Referee on October 17, 2016, 03:07:31 AM

Quote from: trissfc1998 on October 16, 2016, 02:26:55 AM

I dont think you should start trading with a small amount because you wont make any profit with just small amounts if you want to make money with tradings you need to deal with more.

Not everyone can afford to start trading with a decent amount. Especially for rookies just starting with trading it's important to not go big from the very beginning. You need to keep in mind that you'll make a lot mistakes at the beginning, and thus starting with low amounts is a must.

This must be a right suggestion. Mostly when a newbie enters into trading he will trade similar to gambling with more greediness.
A beginner must trade with very small amount, but they are preferring to have big profits and want to trade with the big capital from day one itself. Moreover, everyone wants to become a profit making trader from day one itself.

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.

Whosdaddy

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Quote from: 1Referee on October 17, 2016, 03:07:31 AM

Quote from: trissfc1998 on October 16, 2016, 02:26:55 AM

I dont think you should start trading with a small amount because you wont make any profit with just small amounts if you want to make money with tradings you need to deal with more.

Not everyone can afford to start trading with a decent amount. Especially for rookies just starting with trading it's important to not go big from the very beginning. You need to keep in mind that you'll make a lot mistakes at the beginning, and thus starting with low amounts is a must.

This must be a right suggestion. Mostly when a newbie enters into trading he will trade similar to gambling with more greediness.
A beginner must trade with very small amount, but they are preferring to have big profits and want to trade with the big capital from day one itself. Moreover, everyone wants to become a profit making trader from day one itself.

Topic: how to start trading with a very small amount - page 82. (Read 161319 times)