Topic: Noob trader. Need help (Read 507 times)
Its better to invest your $100 on BTC because in what I see bitcoin will keep pumping every year.
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
100$ isn't that much to give you a good profit. I think you should invest in some new ICO project because you can afford to lose it. Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
100$ isn't that much to give you a good profit. I think you should invest in some new ICO project because you can afford to lose it. 
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Stable coins are bitcoin and ethereum, it is the most recommended coin for trading of a beginner like you. Stay away from shit coins if you dont want a headache
Even if you don't get too much profit because their value is already at high stage, still i'm confident that my trading is safe with bitcoin and ethereum.I second staying away from altcoins when you are a complete beginner in trading. The worst thing you can do is buy a bunch of an altcoin without doing proper research. At least with Bitcoin and Ethereum people know they are legit and backed by big corporations.
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Do not mind the fees. Whether you like it or not, you will always be paying those. There is no way you can avoid transaction fees. Plus, they are not really a big deal. What you need to do is to learn to choose the right coin and enter at the right time and then exit at the right time again. I think you need to watch their past movements and patterns and check for updates and news and you may start with that. You can choose the stable and the unstable ones for as long as you have some brilliant bases as to when to enter and exit.
Yes. if you have such a small amount. Just buy BTC and hold as long as you could. Because it seems 100 is such a small amount whcih I assume you could afford to lose
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Well, it is best if you try to join in some groups of signals. In there you can get some signals regarding on what good altcoin to buy. For easy profit. In two to three days you can double or triple your 100 USD.if you are willing to lose it all, trading is not the right place to get a quick profit, but you can try to switch to gambling .. because there are two possibilities that you can .. you get a big profit or you lose it all .. one of the keys is, you should not get carried away emotionally
I dont know what would i do in your place, but neo is one of the most profitable altcoins that you can buy at the moment.
But honestly, 100 dolars is not a high amount of money and you can not even do anything with that.
If an altcoin goes up by more than $5 each, you will be earning pennies if you have some of that one. So better to hold that money on bitcoin until you have a good balance and then start trading with a nice balance.
Otherwise you will only lose your time in order to earn $1 a day..
But honestly, 100 dolars is not a high amount of money and you can not even do anything with that.
If an altcoin goes up by more than $5 each, you will be earning pennies if you have some of that one. So better to hold that money on bitcoin until you have a good balance and then start trading with a nice balance.
Otherwise you will only lose your time in order to earn $1 a day..
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Go for bitcoin, the phasing of increase and decrease is very quick. Since you avail to lose that amount, when there's a 1.xx% - 5% decrease of bitcoin that will be an indication of getting in. And wait for several hours and you'll be good to go and use that $100 for buying your few mbtc's. The fees on bitcoin now are just ranging from 0.0001 BTC and if you'll use blockchain.info customize fee, the lowest is 15 sats/b but I don't advise to pay that low, it will take a lot of time before it gets confirmed.
I would say to begin with put you $100 in BTC and hold it on an exchange, do some research on basic trade patterns and ensure that you have a tab set up for upcoming news releases within the cryptocurrency area. To begin with, instead of placing long/short trades simply just buy into a currency that looks reliable, has good volume and has ideally recently released a positive bit of press. This will minimise your risk and can most certainly lead to good returns.
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Op, I will advise you to invest your $100 into Bitcoin since you are afraid of losing your capital but it may not bring out huge return on investment since the amount is too small and with a short period of time. But you can invest in Bitcoin for long time period for you to maximize huge profit on your investment.
I suggest you to check youtube videos, see the channel of DataDash
I'd start with BTC/USD as was said previously
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Well, it is best if you try to join in some groups of signals. In there you can get some signals regarding on what good altcoin to buy. For easy profit. In two to three days you can double or triple your 100 USD.if you are willing to lose it all, trading is not the right place to get a quick profit, but you can try to switch to gambling .. because there are two possibilities that you can .. you get a big profit or you lose it all .. one of the keys is, you should not get carried away emotionally
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Well, it is best if you try to join in some groups of signals. In there you can get some signals regarding on what good altcoin to buy. For easy profit. In two to three days you can double or triple your 100 USD.if you are willing to lose it all, trading is not the right place to get a quick profit, but you can try to switch to gambling .. because there are two possibilities that you can .. you get a big profit or you lose it all .. one of the keys is, you should not get carried away emotionally
You don’t pay a transaction fee for trading. You just pay a small fee for the trade that is a percentage of the principle amount that you are trading, so it doesn’t matter how small your trade is. It’s not like trading in the stock market where you may have to pay $15 per trade no matter how much your trading. In this case you’re just paying less that 1% per trade. I think it might be somewhere between 0.15% and 0.25% per trade in the fees. You need to look at the particular exchange you’re interested in to see what there fees are.
That's great. thanks for the clarification. But how is this possible? miners process transactions on exchanges for free? can't understand that thing. or miners don't process them at all
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
You don’t pay a transaction fee for trading. You just pay a small fee for the trade that is a percentage of the principle amount that you are trading, so it doesn’t matter how small your trade is. It’s not like trading in the stock market where you may have to pay $15 per trade no matter how much your trading. In this case you’re just paying less that 1% per trade. I think it might be somewhere between 0.15% and 0.25% per trade in the fees. You need to look at the particular exchange you’re interested in to see what there fees are.
Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Maybe if you want to go for something less risky to invest in, you must invest it in Ethereum I would say. Ethereum has potential to grow more in value in the near future. Many say it can grow like bitcoin had grown in the past years. Ethereum would be somewhat a safe bet now its value is somewhere near 320$. Most important if you are ready to forget your investment for some time I mean you have to be patient if you invest in Ethereum because the longer you can hold it the more profit you can get out of it.
Assuming you want to trade the whole amount, I will not recommend usdt/btc pair as you might not get a high return. I will suggest to go for a strong altcoin with high volume. Or you can go for a low volume, high spread pair which will return more percentage wise.
USDT is just there just so you won't be losing USD when btc is falling and then again buy back when the price starts to climb up again. a Newbie has gotta be careful to pick which exchange to trade, it always matter putting your balances in trading and funding account.
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