Topic: What kind of crypto trading do you recommend with $50 investment? - page 2. (Read 2508 times)
January 17, 2020, 01:47:37 PM
By your explanation it seems like you have earned it the hard way, I would suggest you to hold on to it. If it is in some alt then buy BTC with it and keep it in a wallet. Nothing is less if you have it in BTC and hold it for a long term. Try to earn more and more and take payments in crypto and dont sell them unless you want it. Also 50$ is too less for investment as you need to do allot of work in order to make profit with it.
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January 17, 2020, 12:20:53 PM
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.
Long term goal, it's much better to find other things to divert your money but if you are willing to accept the risk and you are okay in case youlose such amount, binary will give you quick results it's same thing with gambling as you are relying with your good fate that the movement of
your assets will favor out your position. Assess and find time to observe before jumping to any decision to take.
Meanwhile, i will advise the OP to invest in good altcoin like KMD, NRG which offer dividends rewards and hold till next year of more.
January 17, 2020, 02:19:58 AM
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.
Long term goal, it's much better to find other things to divert your money but if you are willing to accept the risk and you are okay in case youlose such amount, binary will give you quick results it's same thing with gambling as you are relying with your good fate that the movement of
your assets will favor out your position. Assess and find time to observe before jumping to any decision to take.
January 17, 2020, 12:49:21 AM
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.
January 16, 2020, 11:47:31 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?
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. 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?
January 16, 2020, 11:36:15 PM
Take note first that every exchange has a minimum amount of withdrawal and of course withdrawal fee. Well i can give you my opinion about what coin you should consider on investing and trading it little by little. I may suggest that a coin that has a large volume of trades daily since this kind of coin will more likely to increase instantly however take note also that it can be a vice versa it may also fall in a matter of second.
I suggest to do a 1:4 risk and reward ratio in trading every entry reach the 4 and get out and get out when you loss 1.
That is a kind of large risk and reward ratio which means that your winning rate is not going to be very high, this is not a problem if you can take that kind of trading but when your capital is so small as it is in the case of the OP the many consecutive losses and the fees you are going to lose in each trade most likely means that it is going to be almost impossible to become a profitable trader, this is why I think you cannot really trade effectively with such a small amount of money. I suggest to do a 1:4 risk and reward ratio in trading every entry reach the 4 and get out and get out when you loss 1.
January 16, 2020, 07:29:43 AM
Take note first that every exchange has a minimum amount of withdrawal and of course withdrawal fee. Well i can give you my opinion about what coin you should consider on investing and trading it little by little. I may suggest that a coin that has a large volume of trades daily since this kind of coin will more likely to increase instantly however take note also that it can be a vice versa it may also fall in a matter of second.
I suggest to do a 1:4 risk and reward ratio in trading every entry reach the 4 and get out and get out when you loss 1.
I suggest to do a 1:4 risk and reward ratio in trading every entry reach the 4 and get out and get out when you loss 1.
January 13, 2020, 12:20:07 PM
It is a very small amount, it is difficult to choose to invest in this market. If possible, I will try to find the altcoins at the bottom and bet on it. There are currently a lot of altcoins at the bottom and the price of that altcoin is many times lower than the prices of ICOs and ATH, so I will bet on an altcoin and hope it can increase a few dozen times in the future.
January 13, 2020, 09:24:15 AM
I would stick with either Bitcoin or Ethereum in your situation. You don’t have enough to diversify and those are probably the least risky.
Trust with the two giant cryptocurrencies. These two are the most safest investment in crypto industry. If we invest in bitcoin or ethereum, our money is in the good hands. However, there are time also that they goes down and yes we can't prevent them. But there is always a possibility fo recover unlike with other crypto. 
January 13, 2020, 08:29:12 AM
I suggest buying xrp, tron, Stellar, cardano or other low price altcoins with good trading volume. This means for the small change in the value of each token the trade execution can be done with ease. Here the small difference in buying and selling will surely yield good profit. If there happens massive pumping too it'll profit big than investing over high priced altcoins.
January 13, 2020, 08:18:03 AM
I would stick with either Bitcoin or Ethereum in your situation. You don’t have enough to diversify and those are probably the least risky.
Lesser risk indeed, it's best to choose assets that you have much higher chance to earned than holding or diverting to something that you are unaware of what can happened after. Go with what you believe and always put your money into something that you are interest to follow. January 13, 2020, 07:59:51 AM
HIGH RISK HIGH REWARD
1. Get BTC
2. Find a nice online bitcoin casino
3. Gamble it like a boss
big risk oO, I have already doubled my $ 20 invested in doge since my first message of this discussion by playing max 1 hour on roulette per day ... if we have enough chips to allow ourselves to lose a certain number of times , or if we manage to analyze how the site behaves on a martingal, we know when we have to stop or not and the risk is minimal in my eyes, better to win 1st day in 30mn and grow slowly than invest with $ 50 risking to lose all later, this and still my point of view
January 12, 2020, 05:32:49 PM
Appreciate your opinion but the piece of my 2 cents is for the OP to take. GTFO.
So why don't you PM him about it instead of writing a post?
You make a post on a forum and you can expect people to answer it, even if you add to it that it's for OP's eyes only.
It looks like you don't take criticism well.
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January 12, 2020, 05:10:56 AM
Not sure if my advice will still be valuable to the Op since the post is kinda last year although looking at the market, here's my advice on utilizing the $50 effectively. Ethereum has been providing some profitable trades in the past 1/2 weeks. I didn't trade although was paying attention to the coin since 2020 seems like a very profitable year for the coin based on the improving upgrading linked with the coin.
Trying to profit from bitcoin with just $50 can be achievable too considering, for every $1000 price increase bitcoin gains, 0.1BTC gets you around 10% profit while 0.01BTC gets you around 1%( that's $100 & $10 respectively) and since your $50 capital can get you ~ 0.014BTC (based on the current bitcoin price), that's a 1.4% profit. While every $500 price gain give you a profit of 0.7% which should be around $3.5.
I would suggest you pay attention to ethereum, get it when it loses some value and sell when the price increases, so as to increase your capital then focus mainly on trading bitcoin. Since sooner or later the hype surrounding ethereum would reduce and trading it will become more risky. Currently we're still in the early weeks of the new year so ethereum is getting some positive attention due to the news concerning the upgrades.
Trying to profit from bitcoin with just $50 can be achievable too considering, for every $1000 price increase bitcoin gains, 0.1BTC gets you around 10% profit while 0.01BTC gets you around 1%( that's $100 & $10 respectively) and since your $50 capital can get you ~ 0.014BTC (based on the current bitcoin price), that's a 1.4% profit. While every $500 price gain give you a profit of 0.7% which should be around $3.5.
I would suggest you pay attention to ethereum, get it when it loses some value and sell when the price increases, so as to increase your capital then focus mainly on trading bitcoin. Since sooner or later the hype surrounding ethereum would reduce and trading it will become more risky. Currently we're still in the early weeks of the new year so ethereum is getting some positive attention due to the news concerning the upgrades.
January 11, 2020, 09:49:38 PM
$50 is low capital for me and it is not preferable investment becauee the fees and commision can overwhelmed your gains but for beginners it is better to start with small capital than high capital. Day trading is not for beginners so it is preferable to use swing trading. Swing trading can be easy especially for those beginners in the market. A beginners can easily learn passive trading strategies than active trading strategies.
Interestingly, if you can remove the fee's involved it becomes something totally different versus when you include the fee's. I mean putting 50 bucks into bitcoin costs around 10 bucks to begin with in many nations (maybe some nations have cheaper methods I don't know), so that would leave you with 40 dollars and even with the most current increases in the past week you are still not in profit that way. However if it was purely 50 bucks in crypto already without fee's, just keeping it at any coin of the top 10 would have helped you get around 10% profit no matter what you did, no need to buy/sell and keep on trading, just holding would have get you some profits. So, maybe the problem is not which coin but the fee's involved with trading for a small trader?
January 11, 2020, 06:46:47 PM
LOW RISK
1. Get stablecoins like GUSD, USDT
2. Register on crypto-bank services like BlockFi, Nexo, Crypto.com
3. Deposit your stablecoins there and earn like 10-14% (annual) interests
This is low risk to you? Buy a stablecoin that was supposed to be pegged to the dollar but is not. A stablecoin that is accused of being made of thin air to buy bitcoin from dumb people and put it on a centralized bank account that can be hacked or seized by the government.
Great risk mitigation.
In balanced risk you give the same degree to holding BTC and ETH. ETH is like 2 times more risky than BTC!
I call that a very inexperienced advice.
January 11, 2020, 08:08:51 AM
all and fesable! even with $ 50, every day I play 30 minutes in roulette with dogecoin it brings me around between 200 and 500 dogecoin, I find it more profitable, especially as as I repeat when the btc goes up it will not be losing, me with $ 20 in dogecoin I take my 500 doge everyday easily ...
I wait until I have $ 100 to buy $ 100 of dogecoin and in 1 day even playing with 1 dogecoin it will always be more profitable than all that you have to offer
I wait until I have $ 100 to buy $ 100 of dogecoin and in 1 day even playing with 1 dogecoin it will always be more profitable than all that you have to offer
January 11, 2020, 06:47:31 AM
Hold them in top coin whose price is low in satoshi. There are many coins like BNB or XRP or LTC, buy them and hold them for longer term. Its hard to trade with 50$ as you can lose it easily in a short term trade. So hodl them for now and earn more.
January 11, 2020, 06:36:43 AM
I'm still a little unsure of where you got $ 50, claiming from the faucet, it seems like nothing is profitable now from the faucet, but just forget about it, let's say you want to invest with $ 50, you might be able to buy some cheap altcoin worth units or tens of satoshi maybe you can start from the cheapest altcoin also including the top 100 or top 200 coinmarketcap here https://coinmarketcap.com
January 11, 2020, 05:53:19 AM
Maybe if OP have real job and real salary, his $50 investment can used to do trading in big volume market with low price coin. Low price i mean it is on normal price but less satoshis than other coins. Beside that, with high volume market, although profit not much he can also learn and practice to do trading.
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