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Topic: Trading with small budget - page 6. (Read 2166 times)

full member
Activity: 557
Merit: 101
May 04, 2019, 03:12:04 PM
It is no longer possible to accelerate your deposit as before sitting in a small capitalized Altcoin.  I would try to trade with a margin on the bitmax stock exchange.
member
Activity: 980
Merit: 62
May 04, 2019, 12:55:50 PM
I think it is not worth it trading with small amounts because firstly you are not going to make any profits and secondly there are comissions that will end up "eating" even your initial investment.
If you want to start trading gather an amount of money, 100 dollars are even possible to let you have a trading experience and make your first profits.
sr. member
Activity: 1246
Merit: 250
May 04, 2019, 11:42:02 AM
There is no worry about trading with a small budget because I was already done that before. You need to learn more about trading so you can increase your funds and use it for trade. I am sure that everybody can do that, but there is a requirement to be able to make a profit which is learning more about trading itself. When you can increase your balance, it means you can have double or even triple balance so you can make a bigger profit.
it's true that to trade everyone can do it but to be able to get profits it might have to have expertise and certainly require very high patience because the key is only with your patience not to be easily affected by cryptocurrency prices at the exchange when the coin price falls.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 04, 2019, 10:30:32 AM
There is no worry about trading with a small budget because I was already done that before. You need to learn more about trading so you can increase your funds and use it for trade. I am sure that everybody can do that, but there is a requirement to be able to make a profit which is learning more about trading itself. When you can increase your balance, it means you can have double or even triple balance so you can make a bigger profit.
legendary
Activity: 1372
Merit: 1008
May 04, 2019, 07:13:39 AM
There are minimum amount to of transaction on each exchange but if you plan to trade with a small capital, you might not feel the profits that you are earning specially if you only gained like 1% or 2%. $100 is just enough to start trading, however if I we're you, if you plan to trade, don't put all you'r $100 in just 1 coin.
Yeah, every exchange has its own conditions to minimum trade in their market. generally exchanges provide a minimum approximation of around 0.0005 btc, but of course every trader must have a fund allocation in accordance with their specifications, for a beginner trader, maybe $100 is a good start, and dont use all your money in 1 bucket dude Smiley
hero member
Activity: 1036
Merit: 500
May 04, 2019, 01:05:54 AM
In beginning people could find it difficult to trade with the small budget but as some profits are made or you get some Fiat or btc and invest in trading this would help you to have some sufficient amount to start and trade within your limits .

Yes, a trader will be afraid at the beginning of his crypto trading so he might go with the small investment but once he gains the confidence then he will start investing huge amounts into his portfolio. Until he gets confidence in trading should with a small budget only.
See I have seen so many people who make no money in the start. They just do not know how the thing works in the first place. It is with the passage of time that they understand how to go about crypto trading and make money in crypto market. So this is not something that should discourage someone who is not making money in the start. Learning more and more about trading and gaining some practical experience is good.
hero member
Activity: 3052
Merit: 685
May 03, 2019, 01:51:51 AM
I think USD 100 will do, presumed that the prices are already stable and the market is healthy, free from hysterical and overbought. Trading with scalping technique by spreading your money in at least 5 prospective coins is recommended, with the biggest portion is in the btc.

100 Dollars is quite a small amount for trading especially for the scalping purpose. Scalping should be done with big amounts because it wont give you much profit if you do scalping with small amounts. Traders with small amount of initial capital should invest in a coin and then wait for atleast 10-20% gain.

That's not enough, wait for at least 100% and then reinvest in other coins, it's possible in the early stage but it's hard to find this kind of growth in the current times. Maybe the best option here is just buying a cheap coin or undervalued coin and then hold for long term, 5-10 years is a long hold but I'm sure the market will have significant changes that time.

legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
May 02, 2019, 11:12:14 PM
I think USD 100 will do, presumed that the prices are already stable and the market is healthy, free from hysterical and overbought. Trading with scalping technique by spreading your money in at least 5 prospective coins is recommended, with the biggest portion is in the btc.

100 Dollars is quite a small amount for trading especially for the scalping purpose. Scalping should be done with big amounts because it wont give you much profit if you do scalping with small amounts. Traders with small amount of initial capital should invest in a coin and then wait for atleast 10-20% gain.
hero member
Activity: 1302
Merit: 540
May 02, 2019, 10:12:55 PM
Most of the transactions are less than a dollar, but I don't think about your capital.

That is not much to trade and I can ensure you, not a pessimist though, you will lose with that capital. You need a larger, to be the exact huge amount of capital than $1. Also, you are trading, you might spend more of your profit to transaction fees rather than to other cryptocurrencies you want to trade. You can just save if you have a job.
If you will perform this in a daily process, it might be a long road to take though there's exchange that might allow you to trade with your desire, the only thing is, the trading fee will decrease more your target profits, the amount of  fees are differ from each exchange, it will take a long time before you can
enjoy your investment, you need to have a large amount of capital so even you target small daily profits, you will be able to cover the fees.
hero member
Activity: 1722
Merit: 528
May 02, 2019, 10:00:58 PM
Most of the transactions are less than a dollar, but I don't think about your capital.

That is not much to trade and I can ensure you, not a pessimist though, you will lose with that capital. You need a larger, to be the exact huge amount of capital than $1. Also, you are trading, you might spend more of your profit to transaction fees rather than to other cryptocurrencies you want to trade. You can just save if you have a job.
hero member
Activity: 1834
Merit: 523
May 02, 2019, 06:49:24 PM
They have exhanges site for sure but to exchanges site that I used it's suitable for your capital. Small budget as your capital is not good but better to add more funds to your account incase because for sure you will have other money that possible for you to buy some coins not only $1.
member
Activity: 258
Merit: 13
I am from Forex world.
May 02, 2019, 06:42:23 PM
Mostly we should decide what style we want to trade with. If we are thinking of doing long term trading, then we should be using higher capital but for scalping lower budget is fine. I have different accounts for both style while with scalping, I use FreshForex having 101% tradable deposit bonus, so even with lesser capital, I gets build up nicely and allows me to trade smoothly.
legendary
Activity: 1834
Merit: 1036
May 02, 2019, 06:20:25 PM
There are minimum amount to of transaction on each exchange but if you plan to trade with a small capital, you might not feel the profits that you are earning specially if you only gained like 1% or 2%. $100 is just enough to start trading, however if I we're you, if you plan to trade, don't put all you'r $100 in just 1 coin.
member
Activity: 70
Merit: 17
May 02, 2019, 05:20:02 PM
If you are beginner in Crypto trading you must choose the strong community so I recommend Binance because trading fees calculation was not useful in all the time. I earn 2x profit in Binance coin so you just analyse the promising and growing crypto currency is the important in trading platform.

I just checked Binance but it is unclear to me what the total fee is for a trade. Do you have any idea if I trade small like 100 dollar?

Binance has a minimum exchange of 0.00050000 BTC and the commission is 0.1%
jr. member
Activity: 225
Merit: 1
May 02, 2019, 03:03:22 PM
I think USD 100 will do, presumed that the prices are already stable and the market is healthy, free from hysterical and overbought. Trading with scalping technique by spreading your money in at least 5 prospective coins is recommended, with the biggest portion is in the btc.
full member
Activity: 826
Merit: 111
May 02, 2019, 02:48:56 PM
Instead of trading with $1, you can very well go with paper trading which will teach you more. Learn and come with minimum $100. Choose the best and cheapest coins wisely after complete study. This would support you at the beginning. As you go by, you can invest more and get more profits.
full member
Activity: 862
Merit: 100
May 02, 2019, 11:15:54 AM
I think most exchanges have a minimum limit for trading around 2 usd with an average tranding fee of 0.1%

It's one of the rules in an exchange made. but that rule is not always the same in many types of exchanges up to the present. New exchanges will always appear and make things better.
sr. member
Activity: 882
Merit: 250
May 02, 2019, 02:27:08 PM
you can trade with small amount capital but i think you can't get more profit because fee more than your capital.

However, it is good for a newbie. If he trades with a small budget and makes a mistake, he does not lose a lot. Then, he analyses everything that was wrong and tries not to repeat it.
full member
Activity: 1484
Merit: 101
May 02, 2019, 11:04:34 AM
Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

For a newbie like you mate better for you to try to use IDAX platform, because it has a high volume in the market then and has huge community
traders too, so whatever coins you are going to buy in this exchange platform, I assure you that you can have a good profit in here, also even a small amount of capital you can start here on IDAX.

Idax is a good exchange, the first time I trade also from Idax because I earn bounty is a token listed on Idax, Idax is a good, easy and safe exchange because before trading we have to move the account so it's not wrong.
copper member
Activity: 110
Merit: 60
May 02, 2019, 09:09:00 AM
Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

For a newbie like you mate better for you to try to use IDAX platform, because it has a high volume in the market then and has huge community
traders too, so whatever coins you are going to buy in this exchange platform, I assure you that you can have a good profit in here, also even a small amount of capital you can start here on IDAX.
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