Bitcoin Forum

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?

To get the highest profit in 2 months, you can invest in LTC now. Because of the upcoming halving event and bull run signs, you will see its price x2 or even x2.3 in the next 2 months. This is a good opportunity for you to buy a large altcoin with great and safe returns.
But you should start learning about trading and learn more about technical analysis. asking others about good deals will never work well. Please understand it and control your portfolio. ;)

This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or on the total balance of $500 (which ever you reach first) cash out.

With testing strategies, the risk is certainly much higher than the success rate. If you want to try, I will give you a potential token that will x3 or x4 in the future.
WPP is an energy business and they are doing their job very well. Their ITO has attracted more than 59 million dollars and now its price is very cheap. Huobi global and Binance are waiting for approval. coming, they will list on IDAX and Coinbene. a great project and this is a great opportunity for you.

I'll consider that , but can it reach 300$ in 2 month? I don't think so.
however when will that halving occurs? 

to be honest I'm not a fan of multi coins trading . I pick another coin with BTC and trade it. now I'm trading in BNB.
whats your opinion in XLM ?

Binance platform is a good place to start trading because it has a good volume with a lot of trading pair to trade and a $500 capital is not bad to start doing scalping however its hard to double your capital with a short period of time maybe you need a certain time if make some mistake doing trading dont easily give up becuase learning is the best way to gain profit.

I'll search that , thank you my friend  :)

I'm already trading now on binance but not scalping way.
my question is this amount can be doing well with scalping ?

There are some good day trading diary threads right here on this section, just go a few pages back to find them.  One guy was able to make consistent 1-2% profits daily but he hasn't been active lately.  Also decide if your main goal is to increase your btc amount or the dollar amount.

You’re risking your money, how can you do scalping if you don’t know how to start?
Better to learn more about scalping because short term trading is not that profitable and if its just a small money then trading fees will just take that money slowly. Use the most active exchange and go look for an active coin also.

If you want to double it you don't need to scalping strategy, just search a good high cap coin like LTC and market buy it till it reach 2x from your investment. Holding is simply the best strategy for newcomers.

Doubling your capital with a short period of time is not easy even earning a 2% profit daily you need to understand first the rules trading buy low sell high then try to learn some basic indicator your trading capital can start doing scalping but dont all in every time you trade on any trading platform this is important to find a reputable and secure trafing site.

What do you mean by scalping? Usually scalping means trading the 15 minute or 5 minute time frame chart. It can be any trading pair. Since you are on binance, you can trade BTC/USDT or a similar pair. But you have to know technical analysis, to tell you when to enter and when to exit. And you do that several times a day. On binance you cannot short, so you are very limited to taking only long positions. You can probably switch to Bitmex where you can go long and short. 

I am not a big Fan of Monero and since your requirement stated that you need to 2x the amount within a period of 2 months, I recommended this option. if you have already invested in BNB most of your requirement will be taken care of.

Still I would recommend you to buy Cardano, read this article to know why?

https://www.investinblockchain.com/cardano-ada-explodes-after-recent-promising-announcements/

This my personal opinion. DYOR before investing in Cryptocurrency

Yes you can open an account for trading crypto-currency with $500 or less. For trading though, it takes $5,000 minimum balance to get serious.

Hmkay, never mind this guy...


You can start with $100,- if you want and get "serious" within a year (depending on your personal circumstances, goals and definition of serious).

Do mind however, that;


Most fees are based on a percentage of the trade, but still they "eat" your money. So it is important to minimize fees. Binance is (by far) the cheapest in this sense...

And you can find these;


right here (https://bitcointalk.org/index.php?topic=5088423.msg48824866#msg48824866)...

It would be risky for you to do scalping as a beginner. Why don't you try trading the most basic way so that you won't get confused? $500 would be a good start for you to have enough experience in trading and for you to know the fundamentals of it.

You can buy big potential coins, try to look at trading at binance. There are lots of good coins. Don't try to invest on the website hype. Because it is very high risk. And you can lose your money.

My suggestion is that you don't have to invest the whole money in only a coin because that can be risky, it is only btc that I think you can do such with because it is the rise and fall of cryptocurrency.

As for scalping, the strategy is lower time frame you can be targeting.

That's probably smart to stick with one or two coins instead of buying a whole bunch and seeing what happens.  Then again, it's mostly luck when you make money in crypto.

What's all this hype surrounding BNB right now?  I keep hearing it mentioned and I don't see what's so special about it.  I keep owning it randomly since I trade on Binance, but I've never thought of actually accumulating it.  Don't know if it's off-topic, but can anyone explain why BNB is worth owning or trading?

And OP, what is "scalping"?  I only know the definition of the word when it comes to buying tickets or ripping someone's hair out of their head. 

I have started this out with 17 bucks to begin with, I know it wasn't ideal and it was different times but now I had received and spent over 30 bitcoins in my life time. Most of them were from working and not trading but I had the chance to make a lot via trading and a lot of airdrops plus good ICO investments and all that as well.

The point I am trying to make is that you can have zero and still start somewhere, put in your own effort if your money is not enough, if your money is 500 bucks then find something that you think will go up a lot and invest into that, divide your money and put it on multiple stuff you believe in and one will go up. If you divide 500 bucks into 5 projects and only one of them makes you x10 return while others go bankrupt you still have 1000 dollars instead of 500 even with just 1 out of 5 successful projects.

Everything will depend on the market situation. If the bull run continues, even the altcoins that seem to us week can give many investors the best profits. It is possible to double the investments I think.

I already trading weekly and make some profits and also losses , I want to scalp that amount to make small profits daily can large my I account.

You can't expect a guaranteed profit with your given timeframe no matter what strategy will you do. Scalping, like with other trading strategies, will rely on how the price will behave plus the fact that every coin has different behaviour. The output of it will depend on how well you executed it.

For the amount you have mentioned, definitely yes. It's enough.

Since you are now currently trading, then why not just test it and see the result for yourselves.

More importantly, don't set a target period where your money should be doubled but instead, focus on winnings at any cost.

If you want more profit in a very short period of time, better to add more in your capital,  maybe just another $500.
Yeah,  losing and winning will always be a part in trading and it is good to see that you still survive from this losses you have. You're making it right and I may suggest just to focus on a single coin or two for you have to manage it well.

Focusing more on potential profits rather than potential risk makes a lot of people greedy while trading and might cause you to disregard the risk in a trade altogether, which can be extremely risky. Ideally you should be trading similarly to how you would trade with a bigger starting bankroll so you don't develop bad habits if and when you start trading with more money that you currently have.

That being said, it's entirely possible to scalp with a balance of $500 or really any amount at all. If you're looking for a platform where you can leverage your scalps, Bitmex or Deribit both work pretty well. Some people don't like Bitmex for the overloads the site occasionally has, but I'm personally fine with it and I like Bitmex's overlay better than Deribit's.

$500 is enough to start if you plan to use scalping strategy, but, be very careful in selecting where you plan to put that $500. Don't just place that $500 in 1 coin or token, spread it in 3 - 5 coins or token as possible and don't buy those that are good for long term. Use tools like Bollinger Bands, RSI and Parabolic SAR before making your decision. Learn to use those tools properly.

basically the indicator gives us direction of price movements, with that indicator we can find out the possibility of further price movements. but making it safer don't invest your funds in just one coin

I think the idea on this is more of holding (as opposed to day trading) just waiting for the coin to make a move to the "moon" which is likely to happen when bitcoin can go full blast in the next few weeks (or to the $10,000 level and beyond). Litecoin can easily absorb influence from Bitcoin that is for sure while with BNB I think it has a life of its own...possibly growing up to $50 within June. Of course, all of what we are saying here means we are just speculating so we still have to carefully study before jumping into the hot waters.

yes I mean scalping in 5 min. ever 1 min. frames 

I think that's enough. like me, I have a small capital and still have the spirit to trade in latoken. I trade fuel / eth, I use scalping techniques. so far I'm happy.

Nice, scalping is not easy to be done as the market volatility is really affects each position to take, if you are good in observing how the market will behave then there's a big opportunities to earned decent amount.

The amount of your initial investment is good enough for testing periods for this ventures that you'll going to take, focus and keep analysing every time.

Certainly agree with you that scalping is very risky especially for newbie in trading. I'm assuming that the one who started this thread is a newbie based on his question. Scalping is based on charts and more technical analysis which is for experienced traders. Better to start with simple trading. Doubling your money is a possibility also with the current bullish period. You just need to choose a strong coin.

Maybe look for high volume coin and see it is pumped and dumped a lot or not. In scalping especially if you want to look daily profit, you must get coin that not really stable and take any chance from it as soon as possible.

If you try as much as possible not to leverage your trade, I think you can easily achieve 2% with bitcoin scalping a day and you could even achieve that target at once in a day without scalping, because for some days now, bitcoin value has been shooting more than 6% sometime in a day, but in a normal stable market, you should be able to get that.

For trading platform, please I will advise you to stick with binance for now, I have nothing to gain asking you to do this, but with an honest mind so you don’t lose your money, stay with this exchange, its reliable and the most popular exchange of them all and you wont regret it.

What are more details about the original posters strategy?

How long have you been trading now?

What kind of funds did you start with and what is your current balance?

Have you had any days when you lost money yet?

I only analyzed the movements of the coins there I learned them. I tend to choose a coin that moves and has a large enough volume. my target is 5-10% even though it's hard for me to assume this is a fun process. :)

This is very helpful , thank you friend.
I'm testing it now

which indicators can I use?

For 2% profit per day, in my opinion it makes sense, but all that also depends on the volume of the market, if the volume is high I think the 2% profit is easy

$500 is a good start. you might not be able to do it every tiny dive and spike of the price. you have to look at the chart and analyze at which price shall BTC dip again and make sure you buy back when it starts coming up again. sign up at tradingview coz i think that should help you with the necessary indicators.

- I'm asking for a strategy

- one year for now

- my savings

- of course I lost 50% of my investment before.

I have pro account on it.
which indicators you use?

Trading strategies are usually crafted by each individual. Whenever a successful trader teaches other traders how to trade using their strategy, the traders always end up with their own versions of the original strategy. So each trader builds off of another traders strategy to fit their own style. It takes work.

If you have been trading for one year already then you should be in a better position than you are now, but that is okay. You should up your game. Take it more seriously. Put in more hours. Ask more questions. Be patient. Be persistent. Practice practice practice. Treat it like a business.

People who trade money they can not afford to lose, often lose at trading, and that happens with experienced traders too. People who rely upon trading as their only source of income, often lose at trading. Never trade more than you can afford to lose. I like your dollar amount of $500. That is a safe and effective account balance for learning the ropes.

I hurts a lot to lose money like that but loses can be converted into potent learning opportunities. I was taught that whenever I lose 15% or more of my account balance to stop trading for one full week, and during that one week break go back to review any past mistakes. Really look at and identify mistakes and learn from those mistakes.

One time I like scalping, but scalping will spend your time in front of the monitor screen  :P
you must focus on seeing each movement
the simplest way is to use Bollinger bands, MACD and RSI indicators. Time frame 5-15m

I use MACD and RSI only when first entry and closing a trade, playing safe between the RSI 30-70,
if the RSI is above 80 there will be Over Bought, and I decide to end my trade

But just focus on Bollinger Bands
Enter when the candle touches the bottom line on the Bollinger bands and sells touching the middle line or the upper line, don't miss this moment

One time I have posted about scalping (on my local board)

Did you know how to scalp trade? If your answer is yes then you don't really need much to start. The large capital is to help you increase your profits par trade and the reverse is also very possible. Making 2% par day in trading bitcoin or altcoins is very possible but of a truth very risky! Remember that you can have your entire funds wipe out if you did not know how to place stop loss and take profits.

You can spend $ 500 for XRP and within two months you. With the current market, I think there is no guarantee for you with a fixed profit of 2% per day. The market always has fixed risks and profits depending on the growth of Altcoin that you choose. Do not put too much hope into this market.

Scalping is really not easy as you really have to make the right decision on what to invest first, more specifically here which alt coin to invest in, and the problem with altcoins is that they really move too slow and sometimes they just go down, so even if you buy a big share of a coin to scalpe it you still won't make a fair amount of profit not 2% per day and not within 2 months at least no at the state the market is at  right now, if you are going for a longer term you might be able to pull it off.

Yes you can but the question is,you do have that skills on doing scalping? If yes then this is possible which doubling that capital on 1-2 months time.

Just be sure to be aware on the possible risk yet scalping is the most dangerous way of trading up.I have tried even on swing trades but I do make
mistakes most of the times yet this would involved on emotions.

Those coin really has very high trading volume that could make one be able to trade 2% profit in a day, especially bitcoin which has more volatility to do this, but I don’t like scalping that much because as volatile as these coins is when it comes to sudden increase in a day, they can also drop so bad which will mar the trade badly.

So instead of scalping, I will just hold my coin and wish I can get the 2 % increase which is enough for that day, I don’t need to be going in and out of the trade every time I see a chance to do so. 2$ daily which is about 60% monthly is seriously more than enough for one to leave a good life, depending on the trading amount though.

This is possible if you take the risk. Investing in IEO projects often gets a lot of profit but sometimes you can't buy a token because there are too many investors scrambling to buy it.
Just like Harmony, its price is x8 compared to the price of the IEO. If you want to invest in good IEO projects, I only recommend investing in 5 exchange markets such as Bibox, Binance, Okex, Gate.io and Huobi Global.

2% per day is a very possible advantage, you can invest in BNB Coins, ethereum or Ripple
You can also trade on Binance Exchange, or Okex

It is very unlikely you will be able to consistently get 2 percent profit daily,  Your amount would grow so rapidly due to compounding and you would be a millionaire in no time.  At best I would expect around one percent each week which is still over 50 percent in a year.

$500 is a good amount to start crypto trading but making to percentage of profits everyday doesn't look possible but it is possible to achieve 100 percentage of profit in one or two month if you are doing crypto trading regularly with all the skills needed for it.

Of course you can
Personally I use Bitmex
Scalping is a good idea to increase your budget

You can find me also on Twitter and find some deals which may turn out to be useful for you
@MarkRob46626263

a simple RSI will do. but check the above strategy, he also uses MACD along with RSI. If you can learn how to use that two I think it could be enough. having just $500 might not be enough unless the swing of the price will dip from $9000 to $7800 every now and then. thats a huge difference right there. draw a line to identify support and resistance so you'd see which possible support where retracements occur.

I looked at their thread:

[ANN] [ITO] WPP ENERGY TOKEN - TOKEN A SER OBRIGADO AO VALOR DO H2 (https://bitcointalk.org/index.php?topic=4449273.1100)

I think this is a project that only creates headache

---

@OP, beware of shitcoin and be very careful about the greed. Avoid setting daily profit goals so you do not create stress when you can not reach those daily profits

As a beginner I think 1% daily is the best target. Keep your numbers every day to check up on your progress. As a scalper you need to increase your balance a little bit every day you trade. Scalping is mostly about account safety and consistently trading for small gains over the long haul. If you can increase your account 1% every day you are in good shape.

It is just small to make 2% profit everyday. In order to achieve that goal, you have to make some additional, it maybe another $500.
In doing scalping, you must be sure that you are in focusing into you trade, the market is so volatile and you must have to take advantage on it as you tend to make 2% everyday which is very challenging into your part if you are not working it well.

I think yes, you can start with 500$ in scalping, it is fair enough amount to begin with trading actually.
Then, houbi, okex and Idax on which of this 3 exchange you can start anytime you want mate. And it is worth platform
to trade with there is a possible for you to earn 1% up to 3% daily.

It seems to me that it makes no sense to discuss specific trading resources where you can touch it, because everything depends primarily on the prospects of the project and the relevance of the coin in the cryptocurrency society.  If you take these factors into account, you can find a coin that can double in price for the right time through daily trading.

Demo trading is better idea for the scalping and grabbing small pips on the markets. Technical analysis is like a second hand of trader who wants to scalp in the crypto markets. 1% is not enough for small balances but it is more than enough for big investors.

Well, nobody is going to provide you any perfect strategy, you have to learn on your own by trading. The more experience you gain the better you will be in trading. You have to master technical analysis.

I think OP must know if target profit daily is actually will give him a lot of pressure. Especially to decide which coin or maybe good coin to pick, or price to buy is something that will hard to do everyday.

I don't know, I think it would be very difficult to make a profit with a target especially a short amount of time. But you can try doing research on Bnb coin because in my opinion it is quite interesting.

Off course yes you can but you need an exchange with high volume like binance it will be easy for you to boost your portfolio in no time. Learn not to be greedy you might loose all

that is my initial  target if i fail to make 2% at day  ;)

I can not find your account on twitter.
I'm interested in your strategy

You can do whatever you want in your capital like scalping but choose a good exchange site with a high volume like binance, houbi etc. Before doing scalping make sure you understand the exchange platform to easily know the in and out basis.

As for the platform to use,binance is a good fit,the trade volume for most token is high and you can thus easily get out of deals or buy into them.Doubling your money in about 2months would mean your average daily profit should be about 1.6%,Strategy? Take trading course and do not get too greedy in your trade

Learning to handle pressure and be contented with small profits, scalping is a tough job but can be done if you know how to wisely work with time. Controlling your emotions making use of every opportunities that will showed up while you are dealing with your trade.

Keep yourself open and allow working with volatile market to take your chance to earned profits.

Trading is not a financial advise, you better get hold of your self learn and understand the market before you get in, in other words if you are already a good trader you will know the Exchanger to make use of.

For your first question, yes, there are a lot of strategies you could use to scalp with 500$. You could go ahead and master elliot waves and mix it with the macd. a follow a guy called anil mangal on youtube. he will teach you a lot. however, mangal doesn't scalp but his strategies can also be used for scalping.

for your second question, If you really wanna scalp, I'd suggest you don't use leverage and look at the bigger picture on a larger timeframe before taking any trades. this helps prevent an unfortunate scenario of the market turning against you.

For your third question, nop, scalping is not worth it. I currently make almost 100% per month because every time, you have a couple of cryptos that pump way more than others. my job is to find those currencies and trade them. However, scalping in crypto is too risky. one week, you make 20% and the other week, you lose 30%. there are a lot of immature traders in crypto and this has made it so darn hard to scalp long-term. I'd suggest you look at the medium-term picture and not scalp. the future market will reward you for that.

for your third question, I'd suggest you use binance. it has a lot of volatile pairs and is currently the best exchange. other suggestions include Huobi and bitfinex.

Can you provide more information about what techniques you use for doing this? See what I highlight in bold.

Just start scalping now and you will enter the "fomo" went the rally of bullish momentum it's out. I know scalping was really fun & easy to gain a profit, but also scalping make you enter the fomo went the rally was really fast made you enter at a high price then went the correction come you got stuck at the high price, make you want to call "cutlose".

This is not what I mean with scalping, I mean short trades within 1 hours.
I know we will go in correction price now  :)

All right, this is a quite interesting idea.
How about NEO? do you think NEO is still a good option to invest?

if have any doubt with your decision , you have to make deep observation and research in this coins.neo looks like pretty good, but we have to make sure with this to avoid wrong decision in future that will make us disappointed.

You can start also at:
Bitcoin: 200$
Ethereum: 200$
Xrp: 100
This coins are strong for a while im willing to invest our for this coins even the profit not enough to earn per month unless its already safe and people's choice also.

This is one of the major cons of scalp trading, because the trader cannot predict the market and the fact that TA does not work here, it makes scalp trading look like a gambling to me which is not so easy, the tension of having to quickly look for profit and quickly knowing when to enter and exit a trade so many times in a day is not an easy task at all.

Secondly, fees that one will be paying will really discourage the trader and you end up going home with a penny at the end of the day after paying so much of fees, wherein there is no assurance that you will hit big at a single trade to cover for the fees and still make enough profit. I personally prefer to just hold than this.

Its possible to double your money in 2 months granting that you are consistent in hitting your goal of 2% per day including Saturdays and sunday and you will roll over your capital together with your profits, meaning you will not withdraw anything not unless you reached your goal of 2 months trading with $500.

If you want to check out some live scalping trades check out;

https://youtu.be/RlzeLc6foyk

This guy scalps with 500$ on the 3 minute candles and posts weekly videos


it will help you with your strategies as there are breakdowns and walkthroughs

If you try to invest in a short-term strategy through trading when the market fluctuates in price I find it very effective. Because Bitcoin is bullish and making a lot of impact on the crypto market during the time of the epidemic. 500 $ I think is a good amount.

Playing 500 $ for the trade was a lot for me. Today many exchanges open several types of trades. Scalping on the spot trade of your capital will be safer, you just need to hold back if the price drops. For futures trading, scalping can also be done but it carries a big risk of losing your money, but the payoff is also big if you succeed. Playing 1% of your capital for daily trades is sufficient in my opinion.

what my friend said I really agree, that currently bitcoin is actually doing a short term and if you can analyze it well, it will certainly produce very positive things. but it must be remembered that bitcoin is not just experiencing this way, it seems that the influence of bitcoin is spreading to all altcoins as well.
it remains only to determine which one feels the best because there are so many choices at the moment.

You do not invest in short term, you trade in short term while investing is used for long term (holding). Also what you said is true but it is just because we are still in the bullish trend. There will be a time the bearish market will occur, also know that even there are times the market is not that bullish and bearish but short term trading still risky. I am not disputing short term trading not to be good but we need to be careful as it is more risky than beginners can think of.

$500 is already a good amount to start but when asking can we doubled it for 2 months? Maybe not or even more twice, well, you can think that it depends on the situation and what coin/s you have invested.

But I suggest having Bitcoin and Ethereum only.
Bitcoin - $300
ETH - $200

Since you are aiming for that, it is you to make an effort otherwise it will just hope and dreams.

Yup, you can follow my videos, i scalp on bitmex with around that amount.

my latest scalping video + 74% in 4 minutes   https://youtu.be/8509W4dJDbY


I have a thread here

https://bitcointalk.org/index.php?topic=5300485.msg55840091#msg55840091

You should participate in IEOs conducted on Big platforms, Do your research about the project and participate may you will go 3X in 2 months.

The capital of $ 500 is enough to do a scalping strategy, the most important thing is that you have to be able to choose the right coins
to do this. It is very possible that the current bullish market conditions will double your capital in two months. It is true that one way is
to be able to double your capital by consistently getting 2% profit every day, I suggest using Binance as a trading platform. Because on
Binance exchange there are several coins that can be used to make 2% profit per day.

That's not how scalping works. If someone wants to do scalp trading, it's a very quick trade just like what the usual day traders do. It's an option to join IEOs or invest in Defis but for someone who wants it quick, that's not the best solution.

And if someone will invest in IEO, I'll just tell them to watch out bitcoin and wait for a bit of correction and buy when they see it lower than the price yesterday or the higher, which is the lowest. Don't wait until the price of bitcoin hits $30k above before buying. There's still an opportunity that's left.

I gauge inside 2 to 3 months you should be effectively ready to make 2x of your venture. I was instructed that at whatever point I lose 35% or a greater amount of my record equilibrium to quit exchanging for one entire week, and during that multi week crush go spirit to survey any previous errors.

$ 500 capital for me is very fulfilling, that's a big number,
especially in cryptocurrencies we can leverage in futures trading, of course it will be easy to double your capital to $ 1000.

Indeed, but if we consider the current price, that is too small to start and earn a profit.

As I have to stick to this saying "More Capital equals More Profit".  If OP could still have the courage to take the risk at this time, I suggest increasing his capital, $1k might be good enough then and fulfilling.

---

However, we should remind ourselves also that since we are in the Bullish season, trading will also be at a higher risk. If you OP is new to trading, you should have to think it twice. Yeah, anytime the price will dump and make you lose. But if you know the stop-loss strategy, I will suggest using this for your safety.

very possible, $ 500 for me is a big capital, especially if you play with 10x leverage,
then $ 500 will easily become $ 1000 in one trade, it is very risky,
but if you have trading knowledge, then you will be rich.

Starting now with 500$ is good capital and with a bit of luck it can go easy x4 up. Investing in 3-4 projects that you thing will do good in next year will make you a good amount of money.

Why don't you simply buy a specific token and wait for 2 months instead? What's making you to "scalp" these markets? It's not possible to scalp here because if you'll lose, you'll lose more as you'll just try your best to find opportunities every now and then and so, chances of making losses to your portfolio become higher.

Yes, don't put all your eggs in one basket so to speak. $500 is indeed a good amount of capital to start with. Even day trading with btc will give you good profit as long as you are sticking to the simple rule of trading, buy low sell high. Also, when you choose the alts to do your scalping strategy, I believe it is better to trust those established alts rather than new ones. Very risky especially if you encounter a pump and dump coin.

The $ 500 capital for trading is huge for me, because I come from a poor country where people have an average income of $ 200 per month.
So if starting scalping with $ 500 is very doable, even when I first tried scalping I could start with only $ 100. The key to successful scalping is
not how much capital we will use. But choosing the right coins and trading platforms to use are important factors in being able to make profit
from scalping.

Scalping is a very interesting trading passion. But I like scalping trading in a highly volatile market. I don't think so that, scalping trade can make a good profit in a lower volatile market.
Yes, $500 is enough for scalping trade if you are a smart trader. If you don't have a good experience then you should practice in test wallet then try in a real account.

Yes, everyone has different techniques for trading even in the same exchange as Binance, because an Exchange like Binance has a lot of features that can be used to support everyone's daily profit in terms of trading, so it's clear in this case to master the steps in Binance is a very profitable thing.

Exploring top 20 coins and making good decision in investing in right projects is safest. For me it worked... Now day trading it can pay off good but you need to be by the pc all the free time you have. For me it's too much but that's only my case.

My suggestion is that you can trade on binance and take futures, it will make a lot of profit, but also have a very big risk.  I really like to play futures, my capital of $ 30 a week can be $ 200.  but sometimes it can also be liquid, but that's a challenge for me.

I would suggest you make research and check on top 20 projects on cmc and make your choice of 4-5 of them and divide the capital among the numbers. Before you hop to buy any coins, make sure you are buying it cheap and not pumped coins.

If you want profit i suggest you buy bitcoin and hold it 15 days. Then if you need big profit your bitcoin convert in usdt. Also i suggest a coin, cur after this month this coin highly increase i hope.

I do not believe in scalping neither do i like it lol. But to me, 500$ is a good enough capital to trade and invest in crypto currency. If you can figure out a proper trading pattern; keep your emotions out of play and be consistent in confidence; you can earn 5-10% from trading daily.

Hoping to double your money in just 2 months is not the way to go, and scalping is not a 100% thing that you can count on making 2% every day and you will have some losses as well.

You better not have that kind of mindset simply because you would be looking at more high risk investments or trading opportunities because they're mostly the ones that can give you such a big return in a short period of time, but what many people ignore in these situations is the fact that these sort of investment can also cut down your capital in half just as easily too.

So if you truly want to get that much return that fast you should also accept the fact that could be too risky and you can very easily lose most of your money trying to double your capital.

you need to take a gander at the graph and investigate at which cost will BTC plunge again and ensure you repurchase when it fires coming up once more. join at exchanging view coz I believe that should assist you with the vital pointers. The huge capital is to help you increment your benefits standard exchange and the converse is likewise truly conceivable.

Ofcourse you can achieve this scenario that you have just highlighted; if you can consistently target and achieve 2% profits daily in crypto currency market; then come the end of the month you are with 60% profit of your trading capital. It is indeed worth it; what youhave to do is know how to trade; set targets. have a good trading capital and choose from the top 10 exchange on coinmarketcap.

$500 is enough. In fact, I could say that it is a fair amount. You can double it but it would depend on the coin you are going to use, preferably, you want to use those coins that have high volatility. Regarding the platform, there's a lot of good exchanges but Binance is the one I recommend. I would say it is worth it but it really requires a passion and knowledge in dealing with this kind of trade 'cause you must always be active and watchful to market chart. If you have no much idea yet I don't recommend this one, probably long-term trade would perfectly fit.

For me I think $500 is alreadyBig if you are just going to try out some strategies.
And making 2% profit per day is hard it could be small but it is hard to ensure that you could always get it.
This sounds like one of the strategies in BaB to be honest with you the only difference is if you fail to achieve your goal in trading you would still have balance to make up for it,
But with BaB gambling if you fail to achieve it you would lose all your money.

That is our basis for being able to trade comfortably, because without that trading basis, the possibility of getting a loss will also be even greater. Therefore, the basis for trading planning must also be carefully prepared before starting an open order so that we can find out how much the risk and profit target is according to our abilities.

Of course, capital is not a problem, I think whatever trading starts with any capital you can, just how to balance it with the target you want to achieve, I think $ 500 is also big enough to start trading.

You mean arbitrage right?  Because i dont think this works anymore?

Which platform is safe?

XLM is a good option to invest .But i think the thread opener don't wanna invest on coin he just wanna scalping on the crypto market which is on of the way of trading but too risky .I think 500$ fund is enough fund for scalping but you need to have much knowledge behind that otherwise you can loose all of your invested money .

You can double by investing in alternative cryptocurrencies. Tips to invest in the top 10 cryptocurrencies should not even be considered, except, probably, Ethereum, which has all the prerequisites for its price growth. Personally, I bought YOUC tokens, since recently they were actively bought in large volumes at 2 times more expensive than they are now traded on the exchange and the demand for them is constantly growing. Those who bought them at a high price will obviously keep them on their wallets for a long time in order to sell them several times more expensive, and at the price that is now on the exchange, no one wants to sell, a large number of people hold tokens and are waiting for better times.

The guy wants to increase 500$ capital with scalping in two months - I think this is impossible. Also he is asking for a specific platform to do it, means he has no experience at all in that strategy. He needs to realize that he can start scalping with any amount, but he should expect that the more he deposit, the more he will get.

Why would you even want to do scalping? Maybe do some good research, buy few coins and hold? If you will be lucky, you might turn your 500$ into 600-700$ easily.

It is not worth it. If you are asking this question you are most probably a beginner in trading. To make 2% per day you need to have tremendous trading skills and you can only built those with experience, trust me. If can give you one piece of advice that might help you. Don't look for fast gains, but work for developing your skills and gaining experience. This is the only way you're going to make it as a trader.

Knowledge without action is just energy stored in your mental environment.

That will work if you are looking for single coins that 500$ is enough for you to earn 50-100$ daily depend on the coins you are trading and you need to separate that $500 for different crypto currency that you see a potential that can give you easily profit in just a day or short period of time.
The capital amount is depend of how much profit you are looking so if you are looking for high gain you need to use high capital.

$ 500 is enough to trade, let alone scalping, scalping doesn't have to have a lot of capital,
because there is already a futures trade that makes it easy for traders to use minimal capital,
scalping is also in my opinion very difficult, because not all traders can do it, remember don't try to be greedy.

This is the main thing that is most important before giving any advice. Trading requires accurate knowledge of trading, as trading is not an easy task. Most of the traders lose their funds simply because they do not have proper trading knowledge.

And in this case, those who do scalping are very experts, if you do not understand scalping, there is a possibility of big losses.

A suggestion that doesnt really take that seriously.You cant be sure on when it would stop and buying out $500 amount of bitcoin isnt really something that would really make or give you big returns or 2x
in a short span of time unlike if you do make out some scalping then you can possibly earn more than on what you gain on just simply holding but if you do like on the safer or less riskier side then
you can opt in with holding but if you do like to be challenged or do love to play with fire then scalping will be suggested but this isnt something where everyone can able to do so.

$500 is already a big capital for scalping and yes you have the potential to earn 2% or more per day with just $500. There are alot of trading guides for scalping around the internet those videos will teach you what indicators and patterns you should use to successfully plan a good trade. For a platform, I would recommend Binance specially Binance Futures feature if you want to scalp. Just do your research before entering if you have no experience on trading.

In terms of scalping, there is no specific money required in order to start trading. Actually, you can start scalping even if your money is just low as $20, but it is not ideal investment because it is too low wherein you can quickly lose by. Using lower time frame is harder than using higher time frames like weekly and daily. I suggest that before you do scalping, you should master the daily time frame first, lower time frame are so volatile especially the minutes chart and there are many false signals them. Capital is not matter in doing scalping, what you should focus is your trading system that can help you to become profitable.

if you already understand the analysis technique, then what you have to pay attention to is the market flow,
if the market flow tends to be bearish then you better accumulate it, if the current is bullish then slowly sell it, very simple.