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Topic: What kind of crypto trading do you recommend with $50 investment? - page 7. (Read 2508 times)

legendary
Activity: 2996
Merit: 1188
There are ways to invest into small time leverage as well, that way you can put just 50 bucks but also go for that x100 and maybe you will get lucky? I mean you can lose all of it all at once but there is also a chance of making a lot of money all of a sudden as well.

If you buy 50 bucks worth of long on 100x right now and price goes to $9k+ then you will probably make more money than you can ever make for a whole year with regular trading. Sure, it is risky and sure it could potentially lead to you losing all of your money in just couple of minutes with margin of error being so small however it is also the biggest reward there is you can hope from a 50 dollar investment aside from putting it on gambling and hoping you get lucky on some casino.
sr. member
Activity: 1400
Merit: 269
You could invest your money in cheaper altcoins i think its probably the best go to place when you have an small amount as a capital cause you'll able to buy cheap coins but could have higher returns and eventually grow from their especially if your trading strategy keeps producing profits and good results. I have the same networth as you but with trial and errors i've manage to learn how to not get emotional in trading and to must have an stop loss, eventually i've manage to gained in it but still an small amount compared to other investors out there.
sr. member
Activity: 882
Merit: 268
For now, I keep doing long term trading to double my investment.
When I turn my $50 into $100 I can start daily trading more easily.

My long term plan is to earn $200 and use half of it as my investment in circulation because I don't want to risk my whole money.
I thought that there are other safe earning methods too but it seems that I was wrong.

$500 is good enough for 1% ($5) / day, keep learning and accumulating your assets, and make sure you are always consistent. Don't make random orders, trade coins that you really need to understand because every price development characteristic of each coin can be learned.

I have also been in the same condition with building capital from scratch for almost a year, experience will make you more confident.
member
Activity: 89
Merit: 12
For now, I keep doing long term trading to double my investment.
When I turn my $50 into $100 I can start daily trading more easily.

My long term plan is to earn $200 and use half of it as my investment in circulation because I don't want to risk my whole money.
I thought that there are other safe earning methods too but it seems that I was wrong.
sr. member
Activity: 686
Merit: 262
$50 is pretty less to start with day trading or swing trading. I won't recommend you that. Rather you should just go for long term investment and keep on adding more to your portfolio gradually. This will help in building your portfolio in the long run.
With regards to portfolio, try not to go for more than 2 coins right now. One preferably be the Bitcoin. Since, you are looking long term, low or mid cap coins won't make any sense. So stay in top 5 only. Invest in tech, not in hype.
I am glad that you are starting with at least something. Keep up the spirit!
sr. member
Activity: 812
Merit: 250
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?
you can trade with BNB, $50 is good for begin trade. in my opinion start with low capital is good than with high capital. with low capital you can analyst chart, look the chance, and can minimize dissapoint if you lose. but in this you must to be patience because low capital need more time to take profit or you just get little profit with you low capital
hero member
Activity: 1484
Merit: 535
Not too look down on the OP but $50 investment into cryptocurrencies is way too little amount to yield substantial amount of profits soon. It will take you months to make something decent if you are to go into day trading. Come to think of it, what's the probability that you are going to make profits in every little trade lol. Dude add a little to say $200. I think this will be off a good start.
hero member
Activity: 1078
Merit: 504
You reminded me of my early days in the crypto world. It was hectic actually.
If you're ready to take risk and won't mind losing it then better to buy some low shady coin and wait for it's pump. The advantage with these coins is that they can pump without reason but also gets dumped without reason so be cautious and try not to lose.
hero member
Activity: 1484
Merit: 516
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?
there is no limit on how many dollars you have if you want to develop the capital you have spent, the most important thing is to persevere in trading to be able to earn a little profit by achieving the target set. maybe exactly you have to be involved in daily trading and you should be able to see the situation of market price movements on each coin you are going to trade
hero member
Activity: 1022
Merit: 521
Long-term holding simply won't make a profit with starting capital of $50 unless you find the next ETH, which won't happen. Short-term swing and day trading will be your best bet, but you'll need to make sure you develop a strategy that doesn't take large risks and exits positions if you're trending towards a big loss.
I favor your point of view it is better to choose for the day trade and to increase that amount with the passage of time but if someone will want a long term trade and will like to spend that in a single coin and wait for longer then it is possible that he earn a great profit as in 2016 I earned a $30 in a marketing campaign and I left that amount in an altcoin and after waiting for an year I sold that coins for $2500 in the end of 2017. That was a great profit for me.
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
Actually, in trading it depends on the market situation and how much capital you have.
if you see the market well now in my opinion it's difficult to trade daily or short term you might only get a small profit if your capital is not supportive and that also depends on the coins you choose, you have to trade medium or long term to get big profits and do good analysis to choose the right coins, and if you do long-term trading in my opinion, the top bitcoin or Altcoin is good for you to choose.
sr. member
Activity: 1274
Merit: 267
I suggest with a capital of only $ 50, do not invest in bitcoin, because the price of bitcoin is too expensive for a capital of $ 50. So,
later profit obtained can be subject to transaction costs. It's better to invest in altcoins, because altcoins are very cheap. Some are
even the price is under $ 1, so you can get a sizable profit with a capital of $ 50. Choose altcoins that have high volume and are
popular so it's easy to trade.

So you prefer to look something based on its amount than its potential value? Since you told that don't invest on bitcoin cause its price, it's kinda you told him to buy DOGE or even shitcoin with no potential value in the future just to get 'more' coins.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
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?
You should try futures trading for Bitcoin at Binance. because they allow you to borrow $ 50 of the assets you have, so for $ 50 you will be able to trade up to $ 75. This is pretty good for people with small capital like you and with a little luck you can make a lot of money from it. The future contracts of leverage are also quite attractive and it can make your money x2 easy after a few successful trades. or you can trade margin, both types of transactions are quite similar and can make quite a lot of money.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
Ideally, you should try to earn more budget to be able to invest in the most comfortable way in this market. 50$ really too little for you to buy BTC or altcoin. I think you must have a minimum of 500$ to invest in altcoin and wait for profit. But if you still want to invest with 50$ then I recommend you to buy the new altcoins listed at the exchange in 2019, which are collapsing altcoins and very low prices compared to IEO or ICO prices.
hero member
Activity: 3010
Merit: 629
Keep in mind that investing is risky and you should be prepared to lose your money because there's no assurance of gaining when you invest.

Since your capital is $50 and you dont want to invest in low value alts then go for btc and hold it for a certain period. But you have to timing when to buy, take advantage when btc is declining. I dont recommend day trading due to the amount of your capital, its quite risky you might lose it.
full member
Activity: 1736
Merit: 116
I suggest with a capital of only $ 50, do not invest in bitcoin, because the price of bitcoin is too expensive for a capital of $ 50. So,
later profit obtained can be subject to transaction costs. It's better to invest in altcoins, because altcoins are very cheap. Some are
even the price is under $ 1, so you can get a sizable profit with a capital of $ 50. Choose altcoins that have high volume and are
popular so it's easy to trade.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I don't know if trading with $50 is a good idea or not because $50 is too small to trade. But it still worth to try because you'll never know how much you can make with that money. You could only find a low price coin so you can hope that coin can rise in the short term. But the best strategy for you is a long term strategy because your initial money is small. You cannot buy and sell if the price does not increase so high or decrease so deep.
legendary
Activity: 2282
Merit: 1041

Not enough to trade and profit. $200 would be a considerable amount o begin trading on BTC/USDT probably just buy 1BNB with it so you can trade on binance. The only signal to watch out is the overbought and over sold thru RSI and I guess a trader will profit with little by little until the accumulated BTC are enough to trade with leverage.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
Well, that is not enough capital if you only have $50 to start investing crypto. Holding the long term probably will give you a small profit but that is not kind of huge that you expected. I dont think so if how much the net incomes when $50 charge a transaction fee from the exchange and then how much left for you to trade. Most crypto exchanges will have 1-4% having transaction fees. Indeed, I will advise you that invest in bitcoin and hold as much as you can and wait until your profit was there.
jr. member
Activity: 88
Merit: 9
Long-term holding simply won't make a profit with starting capital of $50 unless you find the next ETH, which won't happen. Short-term swing and day trading will be your best bet, but you'll need to make sure you develop a strategy that doesn't take large risks and exits positions if you're trending towards a big loss.
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