Topic: What kind of crypto trading do you recommend with $50 investment? - page 10. (Read 2508 times)
December 25, 2019, 05:08:52 AM
if I were you with $ 50 I would buy some cheap altcoins worth one satoshi unit one of which is Dogecoin, because the price is still relatively cheap if there is an increase in a few satosi maybe it will drive profits better than you buy expensive altcoin or bitcoin, but all risks back to you if you want to try what I think, I just share my thoughts
December 25, 2019, 04:52:09 AM
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?
My suggestion maybe a lot, first you must be ready to lose first. And then, with $50 capital maybe you better to look coin that can change 10% in short time, not promote maybe like dogecoin which is only need 2-3 satoshi to get 10%. Maybe something like that, and while you trading, get more capital with what you already did. 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?
December 25, 2019, 01:49:31 AM
You can trade in the Binance, Huobi, Bittrex markets, etc. in large markets. but choose the USD trading pair. it will be better, than trading with BTC pairs. or if you choose Binance. You can use BNB pair. there are lots of large-volume coins using BNB. You can make a profit there.
December 25, 2019, 01:45:27 AM
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?
My idea is simple it will be less rewarding in the beginning but it would ensure that you don't go bankrupt in the first week. Go with day trading if you really want to increase it or I should say multiply it. But just take a risk per trade of $2-3. Keep your risk to reward at 2:1 and then you can earn a profit of $5-6 per trade. But obviously you need to be very patient and have to stick by the rules for it. Slowly you would start seeing some real results and you can even use the power of compounding in your favour. But obviously experience is the major thing here.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?
December 25, 2019, 01:41:57 AM
I suggest using that 50 usd of yours in day trading, once you have improve and master trading, you can just easily find money to increase your capital. What you need is just confidence and be consistent on what you are doing, 50 usd is a small amount but a good start to use for your long term journey.
Be realistic, don't expect you'll increase that to a big money, slowly but surely, that's the strategy here.
when you are good in trading, you can borrow money to start with a decent capital.
Be realistic, don't expect you'll increase that to a big money, slowly but surely, that's the strategy here.
when you are good in trading, you can borrow money to start with a decent capital.
December 25, 2019, 01:38:39 AM
Now if we subtract half of that $2.5 for fees, the remaining amount would be $1.25
That means around $1 profit. What do you think?
That means around $1 profit. What do you think?
Before you assume this and that, how good are you with trading? Trust me, deciding when to enter and when to exit is way more difficult than setting a target to get $1 a day, especially with just $50.
Lending is probably going to give you better & predictable interest but it will take way longer than day trading.
December 25, 2019, 12:41:04 AM
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?
If you like doing something that can make a lot of money with bitcoin, then you should use that money to try margin trading. It is a leveraged trading and of course, your money will increase many times if you accurately predict the price of bitcoin. The margin trading is quite similar to the futures trading and your daily work is to look at the chart of BTCUSDT and then make a Long or Short decision. I have seen people who can increase their net worth by x4 times after 1 month of trading. You can choose Snapex, Bingbon, Binance to trade. 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?
December 24, 2019, 10:42:15 PM
I can guess that you are a newbie in trading, but that doesn't matter as long as you want to learn. And for a capital of $50 I think it's enough for a newbie than you have big capital and then suffer losses, it will be even sadder.
So now, all you need to do is study, learn to analyze coins, learn to choose coins, learn market movements, learn technical things, etc. It is useless if you ask what coins are suitable for trading, because there will be many opinion options from members here and it will not be worth your capital. The solution is to balance with learning then consider the suggestions from members.
So now, all you need to do is study, learn to analyze coins, learn to choose coins, learn market movements, learn technical things, etc. It is useless if you ask what coins are suitable for trading, because there will be many opinion options from members here and it will not be worth your capital. The solution is to balance with learning then consider the suggestions from members.
December 24, 2019, 10:02:20 PM
Not that bad for beginners but it really a small amount. And this is also quite simple, we can't ever think of big returns for this small capital.
This is a could suggest, buy potential altcoins by now since most of them are cheap but of course, you need to be patient for it never grows up quickly.
This is a could suggest, buy potential altcoins by now since most of them are cheap but of course, you need to be patient for it never grows up quickly.
December 24, 2019, 08:23:21 PM
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?
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?
You could try buying a staking coin like Tezos, and enabling staking on an exchange like Kraken:
https://www.kraken.com/en-gb/features/staking-coins
Reinvest your stake and it compounds upwards.
December 24, 2019, 07:25:13 PM
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?
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?
If you lose this $50, will that end your trading career? Or can you afford to lose it? That might dictate the level of risk you can take.
The general rule is to never trade with all your capital at once. A conservative rule of thumb is to put only 1-2% into any one trade. With $50 capital that's only $.50-$1 per trade. It's hard to make any money off that!
So personally, I would take the whole $50 and swing trade spot BTC (no leverage). Somewhere with cheap fees like Binance or Kucoin. And I would probably hold through significant drawdowns because you won't have enough capital to recover from large losses. BTC is the only asset I would treat this way because I have significant faith in its long term value.
Such capital like this is really tough to work around to get profit.
Since he mentioned that he earned it by various ways of dealing with crypto, it means he has idea what's going on with crypto by now.
And as for me, if he finds a good alt to invest which is cheaper and has very high chance of growing based on his research, then, allot some of his portion on that alt but not all.
Because we all know that if this will be spent to bitcoin, the profit is really small and it still depends on the change and the fees incurred along with the process.
December 24, 2019, 07:11:10 PM
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?
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?
Go for day trading, you will be able to increase your capital over time. Though it may not look rewarding at start, but your profit will match with your capital, also in case of loss, it won't be disastrous and you will be able to recover your money because even your trading coin will grow.
December 24, 2019, 06:56:15 PM
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?
Start with $50 is not too low. But how long did you made those $50 ? Afaik it's hard even we want to earn $1 from faucet and etc nowadays. 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?
Anyway your math is too crazy, you can't expect bitcoin will always having $500 change atm
December 24, 2019, 06:30:49 PM
Even with day trading, making small profit is not guaranteed.
Cryptocurrencies are so volatile that it is very hard to determin the entry/exit points even for experienced traders.
What if you buy bitcoin at 7000$ but the price keeps dropping! You must have an alternative strategy to recover your losses.
Suppose BTC price is $7000. I buy $50 worth of bitcoin = 0.007 BTC
Then some hours later, it rises to $7500. Then I sell my BTC to earn USD = $52.5
But this is not always the case. Then some hours later, it rises to $7500. Then I sell my BTC to earn USD = $52.5
Cryptocurrencies are so volatile that it is very hard to determin the entry/exit points even for experienced traders.
What if you buy bitcoin at 7000$ but the price keeps dropping! You must have an alternative strategy to recover your losses.
December 24, 2019, 05:56:03 PM
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?
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?
If you lose this $50, will that end your trading career? Or can you afford to lose it? That might dictate the level of risk you can take.
The general rule is to never trade with all your capital at once. A conservative rule of thumb is to put only 1-2% into any one trade. With $50 capital that's only $.50-$1 per trade. It's hard to make any money off that!
So personally, I would take the whole $50 and swing trade spot BTC (no leverage). Somewhere with cheap fees like Binance or Kucoin. And I would probably hold through significant drawdowns because you won't have enough capital to recover from large losses. BTC is the only asset I would treat this way because I have significant faith in its long term value.
December 24, 2019, 05:25:29 PM
I think it's very conservative investment but as you said you are not so about profit
You can invest that sum in Bitcoin, don't go for altcoin. Yes, you will get a few satoshies but for the begininig it's important just to get the feeling of the market and to see how things are functioning. I suggest you to play a bit with that sum, you don't have to be under pressure because of loss and when you get some selfconfidence go for a larger sum.
You can invest that sum in Bitcoin, don't go for altcoin. Yes, you will get a few satoshies but for the begininig it's important just to get the feeling of the market and to see how things are functioning. I suggest you to play a bit with that sum, you don't have to be under pressure because of loss and when you get some selfconfidence go for a larger sum.
December 24, 2019, 05:01:04 PM
Typical hop in-hop out for me. You check prices, see what movement is suitable for your short-term play and take it. Usually, movements on a short time-frame, say 15 minutes can tell you a lot what sentiment the market is having currently. It will roughly give you an idea of what others are thinking and you muat go with that. Of course, allocate your bankroll in small increments like 5-10 every day and just hope for the best.
Binary options are also a good place to make some investments, talk to any of their higher-ups before starting the trade.
Binary options are also a good place to make some investments, talk to any of their higher-ups before starting the trade.
December 24, 2019, 04:53:45 PM
I think it might be possible if BTC price movement in a day reaches about $500.
Suppose BTC price is $7000. I buy $50 worth of bitcoin = 0.007 BTC
Then some hours later, it rises to $7500. Then I sell my BTC to earn USD = $52.5
Now if we subtract half of that $2.5 for fees, the remaining amount would be $1.25
That means around $1 profit. What do you think?
Suppose BTC price is $7000. I buy $50 worth of bitcoin = 0.007 BTC
Then some hours later, it rises to $7500. Then I sell my BTC to earn USD = $52.5
Now if we subtract half of that $2.5 for fees, the remaining amount would be $1.25
That means around $1 profit. What do you think?
You did the math and do you think a 1.25$ profit gain for a day's trade would actually keep you away from work? With that amount of money you will be devoured by your daily expense not to mention with the current market we have a 500$ price movement for Bitcoin right now will be very rare and it won't happen not until BTC is prepared for another break out. Small amounts like this are more ideal for a long term position rather than to be traded with since it won't be enough for you to earn something and you will just be facing a lot of fees just to earn 1 to 2 dollars from each trade. So really I would just buy and buy and accumulate more Bitcoin with a margin of safety set in place and wait for me to profit when Bitcoin is actually in a up trend.
December 24, 2019, 04:28:31 PM
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 $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future.
I prefer working with bitcoin.
What is your idea about this?
It's not impossible, it's pretty possible to trade with any amount of money but the idea behind that? Trading with 50$ is just playing and wasting of time. If you want to learn, then it's pretty ok, trade with that amount but if I were you, I wouldn't have hope of doubling and trippling your base capital in near future cause you may have both of them: highs and lows and no one knows whether you may trade well or not. So I suggest you to earn and improve trading skills for some months, if everything goes ok, then start with higher capital but if you don't see improvement in yourself, then just forget it and take care of different things. 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?
December 24, 2019, 03:37:58 PM
Honestly, it's hard to make even $1 per day. If you can for a long time better buy some cheap coins or just invest it on major coins and hold them for a long time.
I have $50 investment in old coins like PGN but I made $200+ profit holding them for almost a year and sold it when the price with a candlestick pattern few months ago. But I bought them again when the price drop few days ago just to increase the amount and gain more profit this coming year or blockhalving.
So my suggestion is to buy some cheap coins that have the potential to increase in value in a few months.
I don't dare to buy low value coins because it is very risky and I may lose my hard-earned investment.I have $50 investment in old coins like PGN but I made $200+ profit holding them for almost a year and sold it when the price with a candlestick pattern few months ago. But I bought them again when the price drop few days ago just to increase the amount and gain more profit this coming year or blockhalving.
So my suggestion is to buy some cheap coins that have the potential to increase in value in a few months.
I'm looking for a safer method. That's why I prefer BTC.
Quote
Honestly, it's hard to make even $1 per day
I think it might be possible if BTC price movement in a day reaches about $500.Suppose BTC price is $7000. I buy $50 worth of bitcoin = 0.007 BTC
Then some hours later, it rises to $7500. Then I sell my BTC to earn USD = $52.5
Now if we subtract half of that $2.5 for fees, the remaining amount would be $1.25
That means around $1 profit. What do you think?
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