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Topic: What kind of crypto trading do you recommend with $50 investment? (Read 2516 times)

hero member
Activity: 2366
Merit: 594
For me, I'd go with bitcoin trading. It's hard to invest in cheap altcoins these days because no one knows when they are gonna pump.
You can also choose top altcoins on the coinmarketcap but I think the profit is bigger if you'll just invest on bitcoin especially the halving is near.
legendary
Activity: 2912
Merit: 1068
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It's a small sum, not suitable for some bigger trading adventures.
With only 50$ you can't do much, it's not for daily trading it's more for the beginers that are just experimenting and trying to feel the market. With such sum I suggest to buy amount of Bitcoin you can cover and hold. If it turns out positive for you you might get courage for some bigger investment.
hero member
Activity: 1862
Merit: 574
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at this time the minimum to be able to trade on the spot market is $ 10, and the effective percentage ratio must be more than 5% to be able to develop assets, and even then have to use certain exchange coins as discounts for optimal trading fees, if you can be patient then you certainly can do this for only with $ 50, or go directly to high-risk options using leverage in the futures market.
Honestly, it's too hard to trade for $ 50. We can make a profit with it, but not every day. So it is better to be patient and make the budget increase before entering this market. I think $ 500 will be enough for a newbie to start in this market and be able to make some profits
with funds of this magnitude it may be more to hold because to look for small profits will also be difficult unless we can see price action then there is a possibility that investment can run quickly, then patience will be more needed if our funds are small.
sr. member
Activity: 854
Merit: 267
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Hello dear members,
I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.

I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future.
I prefer working with bitcoin.

What is your idea about this?
Probably, it would be better if you will use it to buy some coins that would bring a guaranteed profit like Bitcoin, ETH and other top performing coins for example. I will recommend that you should go for long term trading because I don't really sure that daily trading would be appropriate in that amount. It is too much low amount that if you tend to go for daily trade I am afraid that it might just drain out due to transactional fees while long term, on the other hand, you could perhaps earn profit however it would not be that much yet it might take time since we don't know exactly when coins grow.
hero member
Activity: 812
Merit: 512
at this time the minimum to be able to trade on the spot market is $ 10, and the effective percentage ratio must be more than 5% to be able to develop assets, and even then have to use certain exchange coins as discounts for optimal trading fees, if you can be patient then you certainly can do this for only with $ 50, or go directly to high-risk options using leverage in the futures market.
Honestly, it's too hard to trade for $ 50. We can make a profit with it, but not every day. So it is better to be patient and make the budget increase before entering this market. I think $ 500 will be enough for a newbie to start in this market and be able to make some profits
sr. member
Activity: 2324
Merit: 273
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at this time the minimum to be able to trade on the spot market is $ 10, and the effective percentage ratio must be more than 5% to be able to develop assets, and even then have to use certain exchange coins as discounts for optimal trading fees, if you can be patient then you certainly can do this for only with $ 50, or go directly to high-risk options using leverage in the futures market.
hero member
Activity: 1092
Merit: 501
You can still trade with that number. If you have less trading experience or this is your first time, please prefer long-term trading as bitcoin is your choice of coin. You can still buy some $50 worth of btc today while it was at a low price and then wait to pump for a while. You can re-buywith these when you have income. And, be a bitmex swing trader or do some margin trading. FYI that it was kind of complicated than the normal btc trading so you've got to make an effort to expand your knowledge of it before moving into that kind of trading.

I do not like this idea, just the fees alone of converting your money from bitcoin to another coin are going to eat whatever profits you may have and that is assuming that you have a way to make money in the markets which is not true for the majority of the traders, it is better to get more money and use whatever free time that you have to improve your skills as a trader and once you do you will obtain a lot more money than whatever you could get with your 50 dollars.
sr. member
Activity: 1344
Merit: 264
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The amount you have is not the problem, you can trade with that $50 and grow it gradually to a huge amount. My only problem is that it seems that you’re still new and have not tried day trading before and with this you might end up losing this money in the process trying to understand how day trading works.

Wished you had extra money like $500 and you’re using $50 to give it a try, that way you will have $450 left and if you do lose part of the $50, by that time you must have learnt how it works and then start trading to recover your losses. Unless you’re going to do serious training before you start trading. I will advise you make use of these demo accounts to see how it works first.
Trading with a small amount of money is completely different from trading with a large amount of money, it will greatly affect the psychology of that person. If he had $ 50, he would easily make a profit with it because he didn't have the pressure of losing money. But if he were to trade for $ 500, then he would surely tremble because of the risk of losing and losing more money.
And for $ 50 I think he better use it to spend his daily life, it's too little to make a profit in this market.
sr. member
Activity: 1456
Merit: 359
The amount you have is not the problem, you can trade with that $50 and grow it gradually to a huge amount. My only problem is that it seems that you’re still new and have not tried day trading before and with this you might end up losing this money in the process trying to understand how day trading works.

Wished you had extra money like $500 and you’re using $50 to give it a try, that way you will have $450 left and if you do lose part of the $50, by that time you must have learnt how it works and then start trading to recover your losses. Unless you’re going to do serious training before you start trading. I will advise you make use of these demo accounts to see how it works first.
It is okay to lose because his investment is $50 only and it is not yet a big deal. Newbies should experience first how hard to win in a trade, it is good if they will invest small amount of money because they are vulnerable to losses. Trading is a process of learning where it can take months to fully understand how we can make profit from trading. The first thing that newbies should remember is how they will handle the risks without losing their investments.
legendary
Activity: 2338
Merit: 1124
The amount you have is not the problem, you can trade with that $50 and grow it gradually to a huge amount. My only problem is that it seems that you’re still new and have not tried day trading before and with this you might end up losing this money in the process trying to understand how day trading works.

Wished you had extra money like $500 and you’re using $50 to give it a try, that way you will have $450 left and if you do lose part of the $50, by that time you must have learnt how it works and then start trading to recover your losses. Unless you’re going to do serious training before you start trading. I will advise you make use of these demo accounts to see how it works first.
STT
legendary
Activity: 4060
Merit: 1448
Problem with capital this low is you need to be right nearly the first time and very often afterwards.   So its putting alot of pressure on a period where most people will still be learning.  
  It is possible to trade with $50,  I can get a margin trade short or long with a deposit of something around that level.   It would give about 0.01 BTC or I bet alot of places will give more lenient margin levels but with higher interest costs then I pay and I bet very harsh force stop levels putting the trade on a knife edge vs volatility.

Quote
because you will loose in trading fees

That is the difficulty, there is no big barrier on fees but the spread cost is always there.  So if spread cost were 50 then I pay per unit 25 sat premium on buy price and 25 sat when I use the sell price.   Kinda upsets stop loss levels maybe but generally you always have to aim for when momentum is moving in one direction only or just random volatility will force you out and is why most dont trade imo.
sr. member
Activity: 840
Merit: 255
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For me its not enough amount for daily trading because you will loose in trading fees,i would suggest to trade for long term in popular coins like BNB,ZEN,ZRX,ADA.These coins are afford to buy with $50 and hold or use stop loss limit with expected price,set the price at least you earn 30% on each it will grow your portfolio.
Long term will give you profit but be courageous to hold with patience and beside keep learning or earn from different platform and reinvest again this is best way to be survive in the crypto market.
legendary
Activity: 2058
Merit: 1015
I don't want to upset you but that is too low, just used it to practice until you gain experience and knowledge on trading since it's not advisable to used big amount when you are still on the process of learning to avoid big losses. If you will do long term trading, holding $50 worth of coins isn't worth the wait, I can say you are just wasting your time. Most probably your roi is also low. It will take longer time more than usual before you feel success. The only thing is take a risk in a new project and hope it will turn good but the risk is too much.
sr. member
Activity: 826
Merit: 252
I think you need more fund to start because $ 50 can't do nothing, collect some faucet or saving first. But if you want to invest try new coins below $ 1 ( BAT, DOGE, KMD ) so you can get more quantity to double your income. If you can get more than $ 50 you'll get bigger opportunity to buy popular coin with highest chance for interest. Don't push too hard if you don't have enough fund, just stay calm and don't panic market not goes every where.
sr. member
Activity: 504
Merit: 250
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You can still trade with that number. If you have less trading experience or this is your first time, please prefer long-term trading as bitcoin is your choice of coin. You can still buy some $50 worth of btc today while it was at a low price and then wait to pump for a while. You can re-buywith these when you have income. And, be a bitmex swing trader or do some margin trading. FYI that it was kind of complicated than the normal btc trading so you've got to make an effort to expand your knowledge of it before moving into that kind of trading.
hero member
Activity: 1092
Merit: 501
You can trade with margin as many cryptotrading platform are now giving 100x for margin trading so with 50$ funds you can still trade half bitcoin but if bitcoin price go 100$ down than you loss all of your money. You can try your luck with binary options but chances of you making any money is really tiny. Rather use that money to create something like website or online store which you can flip for more money.
It is not really worth to try margin trading with such a low amount of money, even the most minuscule movement in the price of bitcoin will be enough to lose all your capital, it is better to be realistic about this, he should get more capital before he begins to trade because it does not matter if he is profitable as a trader his profits are still going to be very small and it will be better for him to get another job than to trade with such a low amount of money.
hero member
Activity: 2282
Merit: 560
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Do your own research is very important, I highly recommend choosing a coin that can be a solution and will be needed in the future,
Chainlink, Credits, Tron, Bitcoin Cash, or NEO can be good choices for future investments.

It should be added is that ETH and LTC will have a definite increase in the next few months.
ETH has started to move to continue to high prices and this will certainly be a lot of waiting for holders if eth rises in a short time.
LTC, currently down is probably right to buy and will go up in a few percent.
sr. member
Activity: 2338
Merit: 365
Do your own research is very important, I highly recommend choosing a coin that can be a solution and will be needed in the future,
Chainlink, Credits, Tron, Bitcoin Cash, or NEO can be good choices for future investments.
sr. member
Activity: 1071
Merit: 253
Hello dear members,
I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.

I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future.
I prefer working with bitcoin.

What is your idea about this?
Trading with $50 of capital is not bad for a beginner trader and it's really worth it specially you mentioned that you just earned it without investing any money you have. I myself just started with $10 and it's overhelming that I was able to make it $20 within a month because it dictates that you are doing trading right thus you may play bigger amount. For the best market for you, it's better to trade with BTC pairs because it's currently halving; giving you possible extra gains while trading.
Money does not matter as well as you ate working good with it. If you are good in trading and you never lose then investing small amount is good for trading. Long term trading with small investment is good as it will be trade out as double so trade long term with promising coin. Trading is all about your trading knowledge and it does not mean how much you invest for better result' I prefer long term trading for beginning.
hero member
Activity: 1022
Merit: 521
By your explanation it seems like you have earned it the hard way, I would suggest you to hold on to it. If it is in some alt then buy BTC with it and keep it in a wallet. Nothing is less if you have it in BTC and hold it for a long term. Try to earn more and more and take payments in crypto and dont sell them unless you want it. Also 50$ is too less for investment as you need to do allot of work in order to make profit with it.
But as you said that $50 is much less to get the profit. Getting your this statement I will say that if OP will hold that $50 in a currency and if that currency increased 100% then he will get $100 in the long term while nowadays is a time of trade in which everyday some coins increase up to 50% so if OP will keep full focus on trade and will not miss these coins then everyday he will earn a good income with trade. I am suggesting t today because now I am seeing the altcoin season is returning. While if he increase his amount much higher or anyone get a good amount of money then keep them in Bitcoin which can give you huge profit.
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