Bitcoin Forum

Hello everyone,

I’ve lately been trying alot of different ways to start making money but something in me tells me trading could be really fun and exciting to get into. Unfortunately I can’t afford to invest much right now so I’ve managed to invest around 20$ to get started. I’d really appreciate if you all could let me know if what i am doing is worth it or am I just wasting time?

Kind regards,
Human

You wanted to start big before? That would have be the biggest mistake that you will make. Just start with $20 and use it to learn.

Know that trading is very risky and I can tell you that you should first see it as gambling until you know much about it when you are making money than losing money.

I have been trading for 3 years now, the truth is you should not see it as a means of getting income, find other things that can make you money, see trading as fun.

Always know that you should not trade with the amount of money that you can not afford to lose.

Use very small amount like $10 to begin.

At first will encourage you to ensure you the preamble of trading before you venture into trading, because trading is not something will wake one day and start trade, you have to study the system very well before you kickoff trading to avoid loss, the aspect of starting trading with $20, i think it's a nice idea since you have not much experience in trading, so therefore using what you can afford to lose is preferable than using all your funds to trade when you don't know the rudiments or been acquainted with the system of trading. You can use a YouTube video to learn some of the obstacle that can hinder you not propagate in trading.

In my own view, there are some nuances to consider. While there is certainly a high level of risk associated with cryptocurrency, making wise market decisions can lead to greater initial investments than just starting with $20. However, it's worth noting that many centralized exchanges have a minimum purchase requirement of $10 for any coin. Additionally, trading inevitably incurs transaction fees, which need to be factored in. Lastly, diversification is a key risk-management strategy in trading, and $20 may not be sufficient to address the challenges that lie ahead.

if you have no trading skills it will be a waste of your time and money. there is nothing wrong if you want to earn money from trading, but you have to start by learning some techniques and also how to choose trading assets. if not your small capital will just disappear without you feeling any advantage.
maybe if you are interested in investing, you can buy Bitcoins consistently with your $ 20 in a certain time interval. so you can have quite a lot of Bitcoin when you are strong enough to hold the asset.

I would say make sure you don't care about losing this $20. Starting with $20 is not enough but you will learn something new from this $20. Before you start trading with this $20, you can try trading to demo balance. There are a lot of trading platforms that give you a demo balance to start trading. Start with the demo balance and learn how it works.

Trading is not as easy as it sounds. You could lose this $20 in no time if you do leverage trading. Spot trading is not much profitable. But, it's the safest way to start trading. You won't make much money by doing spot trading. But, as I said it's the safest way to start trading. Be aware that You could lose your $20. So, if you cannot afford to lose, do something else.

Trading will be more stressful than fun. Although I personally think that there is not much room for fun here either, because when you feel the satisfaction that you have traded well, mostly the fun relaxes you and you think that you are an expert. After that, much more expensive mistakes inevitably follow.

to emphasize again, risk only what you can bear to lose. I would say, in your case $20 is okay. You will learn something, earn and lose some money, however, it can't be a significant amount of money. So, fun with 20 bucks is almost guaranteed.

you can just get used with the way of trading honestly and even using demo accounts you're already set.
with trading, you can find some coin with low value so that you can earn more profit from it using your capital.
of course trading bitcoin isn't your option mainly because the value was too high, that i doubt your money would suffice to make one trade but there are other coin that's just potentially as good and is low capital friendly.
but the most important thing in trading is that one should know the current circumstance, how it is really works, how you can content against the market so that you can make profits, otherwise even with big capital it will just vanish.

My question is, are you ready for this?  
I mean, are you knowledgeable enough when it comes to trading analysis whether it's technical or fundamental?

Investing $20 is a good start, but it's important to manage your expectations and not expect too much too soon.  Trading requires patience, discipline, and a solid understanding of the market, and it can take time to develop these skills.  I repeat, don't expect too much, I rather choose to gain experience with that $20 than expecting a good profit.  Trading isn't all about profit, sometimes we need to spend to gain experience and learn about it.

The spot market is not too risky to start with, it's good as you start learning to try trading indicators, risk management and train mentality. You will need a lot evaluation first to choose a few technicals (1 to 3) that give you good pofits. Start trading with less volatile assets like bitcoin.

Once you start to consistently profit, you can move on to the riskier futures market.

Start trading with 20$ is enough for you to learn the basics of trading by doing it in real account rather than demo account. The capital you are putting is into trading is very small and the profits that you will gain from your winning trades will also be little, but you will build up the confidence that will help you later on. During the trading you will learn that how to manage the risks involved in trading.

You'll also master you emotions during the process of trading as mastery over the emotions is the best quality that is present in a good trader. I would also recommend you to build up your own trading plan as that will help you better while taking trading decisions than following other's trading plans.

The initial capital doesn't matter as long as you are able to trade with it. In your case $20 is enough to begin crypto trading, and you can easily trade with that amount without any restrictions. I believe that lowest amount to trade on a platform like Binance is $10, and if we keep that in mind you will be able to have one trade in initial stage and with some profits you will be able to have two trades at a time.

The amount of investment is never small. Congratulations on starting an investment with twenty dollars. As you get started you can gradually increase your investments. But don't expect much profit by starting investment with $20. Even if you don't get good profit from $20 capital, you can gain a lot of experience which will be useful in your future trading. 

You can get a detailed idea about this if you keep investing.  Because the concept of trading is very important before trading. Best wishes to you. Good luck with your journey in trading.

It is wasting time and your health, life happiness too.

With only $20, you will lose a lot in trading fee (if the exchange you use for trading does not give user 0% trading fee). Trading is stressful and if you are newbie, you will spend lot of time to watch the computer screen, chart and it costs your time. Spending too much time on your chair, with your computer will make you more sedentary which is bad for your health.

With $20, let's buy a coin and hold it till it becomes bigger. In addition, you can use your salary and saving (part of it) to accumulate more bitcoins.

There's no rules that you should start investing or trading with already a huge amount of money. Which is wrong, you have to gather more experience first by starting small. Be familiarize and examine all the details when you start. $20 is not bad, in this industry you cannot be sure if the money you have put would earn profits or not. That's why there's always a risk which $20 dollar is a good start.

The problem is you don't know which coin will be bigger in the future. If you talk about Bitcoin, it won't give high ROI in the short term. It will grow over time and I agree with the DCA method. If he can accumulate more Satoshi every week or month, this is the best thing he can do with his money. But, he is talking about Trading here. $20 is small to start with. But, he is a beginner and likely to lose this money. If he is lucky, he can multiply it. Everyone has to start at some point. Starting with $20 is not too bad. This is a learning process, sometimes you can't compare profit or loss with the learning process. Let's say I lose $20, but I learned many things and its value is more than that.

Uh no? I have like the similar starting money like the OP's but I still learned a skill back when I day traded. Just by learning by theory and reading around the resources in the internet would not lead you so far in your learning experience, you would still need to apply those skills into practice. Let's say I watched Youtube videos from CryptoJack back in the days and I followed the trading tools used like RSI and Bollinger Band. I invested like $20 to those just like the OP to learn.

The bottomline is that it is perfectly fine to start with $20 to learn trading and it ain't no wasting time unless you really just go straight up. I would do it over just virtual trading where I would not feel any shit if I encountered losses to that.

You got a point, but if it is for learning trading, it is not. If I have not tried day trading before, I might be curious for the rest of my life on how does it feel to watch my computer screen for almost 8 hours continuously while trying to earn.
I did stop trading since it is not for me and for my work habits. Trading is still stressful even for experienced and veterans considering the market is volatile.

I'm still not sure you have the best knowledge of trading because, in my opinion, the fact that you want to start with $20 indicates that you've never used the system before. I'd prefer you hold off and go learn how trading works because, even though $20 is not a lot of money, I think you'll feel bad at least a little bit if you lose it. In other words, if you're not informed about trading, you're jeopardizing your $20.  Make sure you have the knowledge before treading since if you don't, it will be a waste of time.
Trading is not enjoyable, even though you might think it is while you are making money. However, trust me, trading is stressful on its own. Additionally, you must treat your work seriously; as you indicated, having fun should not be permitted to distract you.

I'm glad someone mentioned how stressful trading is. I used to trade a few years ago, during the COVID-19 quarantine, with amounts ranging from $300 to $500 at a time. My profit was approximately 8% to 10%; I was mostly aiming to make $40–$60 per trade, depending on the occasion, of course. While I managed to earn some money, I found it extremely time-consuming, stressful, and life-deteriorating, especially if you're an anxious person like me.

You could possibly start with $20 just for the experience; don't expect to make any significant profit, while there's a decent chance that you'll waste your money, like others already mentioned. If you're okay with that, go ahead. However, is it worth it? I'm not exactly sure. In my opinion, I believe you should try just to experience what's being mentioned in the thread, and you'll be the one to judge if it's worth it or not. Personally, I've stuck to holding.

If he doesn't try, he'll never know if trading is for him or not. And $20 is good as any other amount, people should always start with the amount of money they can afford to lose. We must also know how to try something, and how to check the markers before jumping into an unfamiliar. Rushing blindly into the unknown is dangerous.

And of course, it's worth it. Experience is essential, trying and learning about new stuff is important. Holding is good, but trading is also interesting, and some people are doing pretty well. The point is that OP won't know if trading is for him or not if he doesn't try it.

I also started with small amount of money when I first made an investment on trading, for me what I did is good because I immediately burnt my trading account because of my poor risk management. I also advice beginners to start small just for them to be familiarise to the exchange that they are using, to experience trading during volatile time and also to experience what is the feeling when buying and selling certain cryptocurrency. I'm against on investing huge amount of money on their 1st investment because it can be considered as gambling especially if you do not have enough knowledge, background regarding trading cryptocurrency.

The exchange that I have used that needed a minimum of $10 so far is Binance, I trade lower amount on my other exchanges and it is getting filled. Even on Binance, you can trade futures with less than $10. As you increase the leverage, the amount needed to trade with is getting reduced.

The OP said $20 which is still even enough not to have an issue at all.

You do not need to diversify while trading. You can decide to choose a single coin, like bitcoin. You can decide to go for just two coins, like bitcoin and ether. You may decide to diversify further or not. But for a newbie trader, only one coin is advisable and I will recommend bitcoin.

If diversifying, traders need to be careful of altcoins, there are many shit coins.

Seriously trading is a very nice idea, and a newbie I will even recommend you deposit just little amount for a start so that you will have experience, but if you really want to be making profits from trading, then I think the amount which you want to deposit is kind of small, you won’t make any serious profit, but you can give it a trial, don’t be discouraged. I don’t believe their is anything like wasting of time when it comes to cryptocurrency, every knowledge you have will be useful one day.

Any amount will do, starting up is not always about the size of your capital its about how you can learn from your done trades. Better to start small since mostly newbies encounter a lose on early stage on their trading career and better to lose small amount rather than losing some big amount since this might be a learning experience which you can't afford.

Invest more on knowledge especially knowing the technicalities since for sure its a big help on your upcoming trades.

Honestly that’s not big amount to get started with for the trading. However if you have invested it into let’s say bitcoin then you can see some positivity in the future when bitcoin prices go up. In terms of trading though you will have to have lot of efforts. I would suggest you to go for the day trading with such small amount. A day trading can give you quick profits in very short period of time.

Or else, if you do not have much more investment then you can keep “holding” your coins. In addition try to keep buying the bitcoin as and when required to pile up your investment. :-)

Small sums of money are perfect for trading, especially if you are a beginner. If you put all of your money into trading for the first time, I believe you will lose everything. Just start with little amounts of money to gain some experience, and keep a journal. Journaling is the finest way to learn about trading; you don't have to be greedy to become a profitable trader because it isn't easy or it will cause you to lose more money. Most successful traders began their careers in this manner, that's why you have to do the same.

Any amount to start with is a good start.

As long as that amount is acceptable in the exchange as the minimum or more than that where you've been trading. Don't be discouraged if you're thinking it's quite low or others think that it's low.

What matters is you're trying and you're just testing the waters as long as you're willing to take risk with $20.

if you want to invest Bitcoin with the $20 you have consistently every week, that's good for you too. plan your investment as best as possible, buy Bitcoin gradually with the allocation of money you have. some people may choose to pool their money first before finally buying a sizable amount of Bitcoin. but actually you can collect Bitcoin with a small enough money to do it gradually, if you can be consistent maybe you can really enjoy it in the future.

If you decide to start trading, while skipping the training stage, then you will certainly lose your $20 that you allocated for trading. And the amount of $20 is extremely small, since you will not be able to comply with risk management. In any case, you need to start by learning the basics of trading.

It's good you started small fund with trading just to have a feeling of a Live trading where emotions and fear will set in, your ability to control emotions will make you to later become a successful trader, however starting with $20 won't guarantee you massive profits because you are expected to trade with a maximum 5% of your portfolio, of course never mind the small profit earned what matter most is consistency in profits earnings and your money management if you are successful with the little beginning definitely you will be successful in trading with a huge amount of fund, take note trading is a highly risky venture ensure that you are well learned before venturing to it.

Trading is risky, but it's worth taking the risk. Getting finance stability is the major aim for trading. Also, learning is one of the key sector because one needs to gather the necessities before opening trade. Starting with little as $20 is considered small but with good trading strategy and accurate risks management, trading seems to be easy. Acknowledge the basic tools availability for business will grant easy access to generating profits from the market daily. We have everything at our disposal, the only thing remaining is for us to implement it into action.

First of all trading is risky and I think its not fun and excitement because you will be excited only when you get profit otherwise its full of risk.

The way you think about Initiating making money through trading is good idea and this 20$ is suited well for initiating trading because more money you invested more chances is that your money will be at risk because its your initials step towards success.

You will surely enhance this value from 20$ to many dollars but if you have idea about how to manage conditions.

No matter what work you do, the time is never wasted. A small portion from it, you always learn from the work. So don’t claim that your time is wasted here. Moreover the amount doesn’t matter at all. In order to learn trading any amount is fine. The thing that is required is just strong dedication and will power. If you have these, then definitely you can achieve anything and everything. Now regarding making profits, at first it will be really hard to make 20$ into 22$, but still you will learn from your mistakes and I am sure you will use it in the later point of time. So now just acquire as much knowledge and experience as you can.

20$ is good enough if you're just starting your trading journey. You can use it if you want to gain knowledge through your experience in actual trading but if you're skilled enough to trade then you should have a higher capital because it will take time for you to reach your target goal with just small funds. For knowledgeable and wise traders, the higher the capital the higher the profit but we should still consider the risk. But for beginners, it will be better to start with small funds as you are just trying to deal with the volatility of the market.

That's true, which is why I encouraged the OP to try it for the experience. $20 is a petty amount, at least for myself. The OP's financial situation isn't my business; even if it's lost, he'll have a brief presentation of how trading works. He would be the one to judge if it was worth the risk or not. It might not suit him because he finds it life-consuming, or he might be thrilled by the adrenaline while trading. That's up to him to decide, it's all a matter of preference, I tried it in the past, didn't suit me and moved on.

Yes, there is no problem with that amount when we start trading, it's just that maybe later if we make a profit, the profit we get will not be greater than the capital spent, but it's worth the risk because with small capital the amount we lose won't be big either. But there is something more important than the gains and losses, namely the lessons learned. We can train mentally, update knowledge about trading and many more. In my opinion, if we are just starting out, don't immediately focus on profits, but we must focus on learning, or in other words, experience will add to our knowledge.

Fun and exciting!!? Far from what you think, mostly at the earliest stage, which you just confirmed that you are just starting, is not fun. It's not going to be fun, bro, but that's not to discourage you; trading implies that you have to be developed technically, emotionally, strategically and otherwise.

Technically, you will need to use some combination of trading tools, and you will learn how they work, how to use them, and which one works best for you.

Emotionally, you will need to learn how to be confident and make your financial management or trading decisions wisely. There are some who will get angry when they lose and will sleep on the monitor trying to make a by - forced profit that may end in more losses.

Strategically, you will develop your trading techniques or strategies and master them, so you can use them often if they are working well for you.

good luck🤞 And by the way, $20 is good for your start

Have you tried s trading simulator yet? If not, that should be the first place to start with. 
Your goal should be to master trading, risks management, having a mentor or guide, creating a trading strategy, gaining expertise technical and fundamental analysis.
After you have mastered them, then the minimum or maximum amount to invest won't be any issues. For now since you are a beginner focus on gathering knowledge.

The trading can be begin with 10$,So you can do inverse with 20 dollars as your first trading.But you need to choose the little price altcoin,So you can buy more amount of some coin.When you hold longer period,you surely get some profit from it.But many people selling with minimum profit is the beginners strategy.Don’t do panic selling at the bear market followed by the bull market.If you want to inverse the good exchanges like Binance,because in the trusted website the small coins price will rise for sure.Most of the traders get more profit by doing of inverse in small coin with small dollars in big exchanges.Then it will give profit for sure.

Entry to the market with small quantities is important to understand the practice and logic of this business. For the spot markets, I would like to state that $20 will not mean much. If you're lucky, you're likely to find shitcoin and do 1000x. However, you can multiply your investment by learning the futures markets and trading with very small amounts. Futures is not a gamble and it opens different doors for you if you understand its essence.

You can trade with any amount of capital, but the most important thing here is whether you have trading knowledge or not. To trade you must have trading knowledge, otherwise your capital will be lost in the market.

Trading success does not depend on how much capital you have, your trading success depends on how much knowledge you have about trading and how much patience you have. So you can even practice demo trading to build your trading skills

In my opinion, you are just wasting your time....

There are not many ways to profit from trading.  

You can hold Bitcoin or a token (coin) of a new promising project.  

However, for this you need time, patience and a large start-up capital.  You can engage in short or medium term trading, but you need insider information to do so.  You must have a competitive advantage over other players.  $20 is, in my opinion, too little start-up capital.  

Do not forget about the need to pay commissions of cryptocurrency exchanges and other intermediaries.

The first thing to alwaysbremember is "use the amount that you can afford to loose".
If those $20 is the amount, just keep it up and continue trading. You may know that the results may not be as high or much as when using high amount. But it is better than forcing yourself to use higher amount but not able tonafford or use any loans. Don't do this.
Trading is something risky
 But as long as you can be fun with it and can make good strategy to often get profits, it will be good if moreover done consistently. You will probably get more and more.

^ I just wanted to know, are you in trading or that amount are purely in investing?
If that is purely investing and doing such Dollar-Cost Averaging or known as DCA, you are at a good starting point, but if you are in trading, that is wasting of time. That amount is very small to start, it could even you cannot cover the fees with that $20.
With a small amount of capital, it may be difficult to make substantial profits in cryptocurrency trading.
However, there are some strategies you can use to manage your risk and maximize your returns, such as diversifying your portfolio, using stop-loss orders, and doing thorough research on the coins you are interested in trading.

I would say that what you are doing is very valuable. You are not wasting time at all. $20 is enough to learn in the first instance. It's best not to learn too much at first. But keep in mind that trading platform is not a very simple matter. Earning from trading platforms is a lot of hard work. If you want to earn from trading platform then I will tell you don't be too greedy here. Never trade on impulse again. Understand the market situation and spend a lot of time if necessary. Greed and passion are the two things that you can control to survive on the trading platform and make some money from it.

From my perspective, you should find different ways to earn cryptocurrencies depending on your skills and knowledge.  And to be honest, there is a plenty of  sources to gain funds such as doing some freelance jobs , working in signature campaigns on this forum, starting a little business like E-commerce..etc.  In conclusion, use your skills intelligently and make some researchers. The more you work hard and be productive , the easier to earn Bitcoin. We all started from the bottom, and it would not be an issue if you start with a low capital. By time you will definitely increase it and  get rid of your financial troubles. Best of luck with your future endeavors.

Twenty dollars is an adequate amount to learn how to trade. Yes, the profit will be ridiculous, but the losses will be very insignificant. The main thing is to develop in yourself assiduity and patience, which will be very useful in the future. Another plus - you can work out the different trading schemes, and find your best strategy.

If you will not solely relying on trading as your only income source, $20 is a good amount to start when you're a newbie.

I'll just share my experience months ago when I started trading. I started half of the total amount that you said. Yes I started with only 10$ in trading, but I was in futures, and I wanted to trade at that time because I want to spend my time to do something that can give me money thus, I started trading. I just watched videos online, tweaked the strategy, and applied it. I might be lucky I guess, but I managed to make that 10$ initial capital to 90$, but I traded thru futures, and not from spot trading.

I'm not recommending futures trading especially when you're a newbie, but learning it takes time, and money as well. If you're a newbie, I suggest while learning, start trading thru spot first then after some time that you got the basics already, maybe try trading into futures, but with a small amount only. To answer your question, in my perspective it is worth it and you aren't wasting your time. You will not get experience if you will not experience it. If you really want to pursue trading, do everything that's needed, and that's include losing money in order for you to learn more. Experiencing losses will make you adjust to the point where you will not do that same mistakes anymore in the future.

This is some sort of testing the waters on trading because most of people say that you cant feel the adrenaline rush in trading if you are just using demo but when you use your own money that is really different that is why others tend to deposit small amount just to test the feeling in trading which for sure you can learn a lot from it, the profits are low but you are not after with that the experience and what is the feeling per trade before you will deposit huge amount

I also started using a small amount in trading. It didn't went well but I learned something useful that I can apply the next time I trade again. Hence I can say when you are just newbie in trading, it doesn't matter even you have a small capital to begin with, because what important is, you are already using real money to come up of an effective strategy to have a successful trade.

In addition, don't be afraid to fail because sometimes it is inevitable. What matter is you tried and you can improve yourself from the mistakes you committed the last time. So for newbies who are hesitant because of their small capital, don't mind it because once you already understand how trading works, it's the time you can increase your capital. That is if you are already knowledgeable and aware of what to do in order to gain from your trades.

No, you're not wasting your time because it is better to start with a little capital to learn more from crypto trading than to start with big capital without having the knowledge of crypto trading in the market which it can lead you to failure in the future. I believe, $20,000 can help you to make a huge amount of money in future, if only you can wait for the price to fall back to $10,000 or $11,000 before you can buy and hold for the price to increase higher to your satisfaction before you can sell to achieve your income. But don't forget to increase that capital when you have enough money, because it will really help you to get what potential traders are getting in the crypto market.

You're not wasting your time, what you're doing is gaining experience and at the same time minimizing your risk since you're a newbie and can make mistakes that might be too expensive if your trading capital was very high. With $20 trading capital, you shouldn't be expecting too much profits and that shoudn't be your focused for the moment instead focus on the experience.

The more you gain the experience, the more your profits will increase and the you can increase your trading capital to take more advantage of the market to make more money. Trading is one of the best ways to make money online as there's no limit to how much money you can make when done right.

I agree with you that starting with little amount is the best, at least you can learn, you can’t just invest lots of money without knowing the basics of trading, am very sure you will lose all the money, but it’s better to invest little amount so that you will have experience. Also I just have to tell you this so that you won’t endup being disappointed if you don’t make profit with the amount you deposited. Everyone is saying it’s a good idea starting small, but you should have it in mind that with $20, you are not going to make and good profit, don’t be disappointed or discouraged if your profit is too small, the $20 will just make you understand what trading is all about and not to make profit. If you are looking for profit, then top up your wallet after practicing with $20.

Well, I could be honest with you OP, I believe your decision is not right, and choosing to trade for $20 is not the right place I see. If you wanted to be in trading and make a good life here, better keep your $20, save more, and wait for the time that it will become $100 for at least it was enough to start. You are not wasting your time as you are also learning but if you think that it generates profit for you and grow it faster, it is certainly no chance.
I hope you understand but this is really gonna happen - more funds = more chances to earn more but the risk is also high.

You can even start with money that is smaller than $20, the smaller the money you use, the pressure is also not great, the most important thing is that it is money you can afford to lose. The profits may not be big because the results really depend on the capital used but at least you can start trading with real money while continuing to improve your trading knowledge, and when you gain more knowledge you can start increasing your capital but the amount should be in accordance with your ability is not forced because you want to get a bigger profit, because getting a more consistent profit will be more fun than big profits but often experience losses.

OP, arent you confusing trading and investing? Investing does not mean that you gonna sell your asset immediately. First make it clear, what you want to do with your $20. But cryptocurrency and sell it with time, or buy, sell and rebuy something else.

It is definitely worth starting trading with $20. Dont expect to receive huge profit, but you gonna learn basics, learn how to read market aka get experience. The experience you would get gonna be worth more than $20 if you lose it during trading. It is better to start with little, than later start with a bigger amount and be unexperienced.

As long as he is still learning about trading or investing in bitcoin, he should use small money to avoid losing his money. If he feels his skills and knowledge have increased, he can use much money to trade or invest. And as he continues to learn more about trading or investing, we will discover that he can increase his capital to make a profit. But it all requires a long process and he must be patient in learning so he can also learn to control his emotions when he trades.

As a newbie, starting small is the best strategy to becoming a good trader, I would even advice you start with a demo account first. I believe you know what a demo account is,?
It is a type of trading account for beginners, where the money being traded wit is not real money, it's a visual money given to you by the exchange, with this account, you get to learn to trade effectively, without having to risk your money, you only get to start trading with real money when you feel you've gotten so good with trading through the demo account..
I will advice you think about this, before even putting your $20 into trading.

Local trading platforms usually accept smaller amounts of capital for bank deposits, one of my local platforms was even only around $3.5 in our fiat. But on the other hand, to withdraw, the same minimum amount also applies (before deducting fees). This means that a new user must make a profit on his first trade.


Op clearly wants to start trading, no hope of profit either invest with only $20 where most of the suggestions are bluechip coins.

That is the thing it is supposed to happen but based on the post of OP, he was afraid to invest/trade more and I'm not sure if he is really able to grab such an opportunity especially if he experiences losses on his first try. Because those who are afraid of taking risks have no future in the crypto space. Or maybe he got a change when he understand the market behavior and then have the courage to invest/trade more.
I really feel what he feels but allocating $20 to start is a very small amount. We can't expect profit from this but just learning and market familiarization.

Starting small is actually good because of the high risk involved in crypto investment
The main thing you need now is patience, because this is not a get rich quick scheme that you will expect high return in short time, but with time there is a hope of making good profit.
I don't know which project you invested in, but I will like to advise you to make sure you invest in the right project to avoid losing the small capital you invested.

Yes, it's fine. If you have more capital there is more chance to blow it all up. Better learn expensive lessons with small amount.


Trading might not have worked out well for you, but that doesn't deny the fact that trading is profession and people make money of it.

Dear Op, this question is already been asked by other newbies many times, but unfortunately, not a single answer satisfied me and i also have the same answer for you which is:

Investment is very low, you cannot start earning money out of it, and i have read some replies saying your $20 will vanished in the exchanges fee.

I want to share my experience with you, (which will help you in your query). I started trading with $40 in spot trading then after making a few like one to two dollars, i move on to future trading and i started with only $10 from which i made like $5 profit but in the end, lost all of it. So the point is, you can start doing spot trading with a minimum of $10 if you have those in any pegged stable coin like busd or usdt, etc. and you can start doing future trading with as low as $1 as you can get leverage on it. But the best practice for you is to stick with spot trading. Wait for the best opportunities do not over-trade, always use stop-loss and make a plan and stick to it so you could not fall prey to market sentiments.

You have asked, about the worthiness of the time devoting to it, i think yes it does worth. Because giving a chance is all we need and i have seen one friend in my zone who has made around $100 out of $7 in the future but he has some good knowledge so for a newbie i don't recommend future trading.

I agree with you, some of my friends specify trading as a business and it's become a profession for them. To be honest, it's working out pretty well for them so far, most likely because they have years of experience and a wealth of knowledge about the field.

They're skilled at analyzing charts and while they do experience losses sometimes, they're able to recover from them and come out ahead most of the time which is really impressive ngl, I think patience and wisdom are key factors here. I'm trying to learn that too and it's not going bad for me but I need more experience and more tries.

And what is your goal, to double your investment, or what results do you expect from trading with a $20 deposit?

In addition to being fun, trading is also a very difficult activity in which you can only succeed if you have sufficient knowledge and good discipline, following a number of rules.

It is difficult to advise in this case. Try to see what results you will have for a month of trading as a percentage, by how much you will be able to increase your initial deposit. And it would not be bad to look at the result for several months, based on this, you can at least understand whether you are multiplying money or losing. But in order to earn something, you need a larger deposit.

We must be able to distinguish the intention from the start whether it is trading or investment.
Your title talks about trading but the content is Investing and of course these are two different things in my opinion.
But even so, maybe this is just a reminder because in this case we cannot achieve the big without the small so that no matter how small the capital we have, whether trading or investing, we will still get good results if we really do it well from the process which is executed.

When you say that trading can still be done with $ 20, it's just that you have to be aware of whether you have a basis in trading or not because if you only guess with intuition without clear analysis then this is indeed useless in my opinion because it's not trading but gambling expecting guesses that's done right.
On the other hand, if you want to invest $20, you will still benefit if you keep it for a long time, but of course you have to be aware that with small capital, don't ever expect the results to be big, so in this case, if you really want to invest, it will be great if you continue to add more and again when you have some spare cash to spare, but for a start $20 is definitely a good deal.

See no problem to trade with $20. He just need to lower his expectations or understand that to double such amount it will be needed quite a lot of time, mostly due to trading fees. Miracle does not happen in trading. Impossible to turn $20 to $40 or more in a single day. He needs to be lucky to catch a pumping altcoin. However a slow start with a little amount is always better than do nothing. At least it wont be that pity lose those $20.

I agree, there are too many people who end up thinking that they could make a lot of profit if  they just go in with all their money, but the reality is that most of the time you are going to end up with a loss, and there is no need to keep doing that at all. The best way to learn is to study without spending any money first, learn from courses and youtube videos and all that, the better you get the better your start of real trading will become.

After you are sure that you learned everything you should, and that must take a few months at least, if you think you are ready before that then you are going to be wrong, then you could start trading with real money but I agree that it should be a small amount, if you start trading with all your money the results will be terrible.

Experiencing losses is part of our learning process, and @OP should realize that and not be afraid to continue his learning because that's the only thing he can do to be profitable. But if he is really scared and doesn't want to risk losing, he can leave crypto for good and never invest in crypto again. Many people experience the fear that @OP experienced, and they have to decide for themselves whether to stay in crypto or leave crypto. But let's hope he stays in crypto and can learn from his past mistakes.

if you are new to the world of trading then $20 is quite a value. you can start learning from it. use it to buy cheap popular altcoins. In addition, it is not recommended for beginners to make their first trade using large capital. however, trading also comes with great risks. it would be great if you lose $20 when you learn to trade instead of losing big capital. well, you can try for $20, or even less. good luck.

hey! Mate quite a nice start, gradually you gonna invest bigger when you must gotten good understanding of the crypto industry and how it works. If you have $20 don't even think of using it to start trading, basically leverage trading as a way to start making money, because certainly you just gonna lose it. So, I would advice you put that money into Bitcoin or other realiable crypto project just like Solana or some other coins out there that has the potential of increasing in value in the future. with the little amount, I think solana will fit in here which currently is trading around the price of $20-$22.

$20 can only afford scalping method. But to scalp, been skilled with managing high volatile asset  will be a great advantage because the direction is always changing in short time frames and $20 cannot afford higher time frame trading. Holding will not profit much with $20 and opening a position on a high time fame with such amount will only result in losing everything. Except the goal is to grow sluggishly then holding can work perfectly but it will require targeting a good price entry point.

The amount of money you started with is not bad,Atleast for a start,it's a reasonable amount of money to go with,most persons make that mistake of starting with a larger capital and when they lose,they feel like the whole world  has collapsed.$20 is quite good and you will be hoping to get a major returns from there. When I started trading,I started with a $50,and it was surprising to me that I lose that money,which took me days to recover from the heartbreak and pains of the lose.When you win after making this kind of investment,it gives you ample opportunity to to invest more than the amount you invested the first time you started,and one thing you have to bare in mind is that lose is part of the game,if you should end up losing,don't think much about it.Anyways I wish you Success on your trading journey.

   -   You can start trading with that amount, now if you do it with Btc-usdt and if you really focus, maybe you can earn there 0.5$-2$ a day depending on the idea and knowledge you have in crypto trading.

This is if you will be really active in trading activity here in crypto space mate. Because if not, you will probably only earn 0.1$-1$ by playing, but at least you still have some income.

My suggestion is to build your capital first, then you can start the trading.  There are non-risk options available including testnets and participation in AMA sessions. You can win free rewards from that.

Having the tought of investing is a brave move and i hope the risk in it are made known to you though you shouldn't let them scare you.
As a beginner, trading is more risky than investing. Investing $20 is a good start if only you can bear to loos it. Some beginners invest with less than $20 some are more than that depending on what they can afford to loose.
If you have trading skills and experience, you can go ahead and trade but if you dont, i suggest you stay away from trading.

For beginners, it's better to start with a small nominal, $ 20 is more than enough for the introduction process, this will save you more money and can minimize big losses. I'm sure that a small nominal will indirectly create good habits for your future trading because everything starts from small things first. In my opinion, trading is not only about profit but also the process of training ourselves. Can we maintain or double the money with the various plans we have prepared? Experience is the best teacher, trading is a field that can make us more familiar with our own character from a psychological, emotional, and patient perspective.

Hello Human,

It's great to hear that you're interested in trading and looking for ways to make money. However, it's important to keep in mind that trading is a risky activity and you should only invest money that you can afford to lose. With that being said, investing $20 in trading is not necessarily a waste of time, but it's important to have realistic expectations.

With such a small amount, it's unlikely that you'll be able to make substantial profits in a short amount of time. In fact, you may experience losses as you learn and gain experience. It's important to approach trading with a long-term perspective, focusing on building your skills and knowledge over time.

One approach you could take is to use your $20 to start with a demo account or paper trading. This allows you to practice trading without risking real money. You can also use this time to learn about trading strategies, technical analysis, and market trends.

Once you feel more confident, you can then consider investing your $20 into a real trading account. It's important to choose a reputable broker and start with small trades, gradually building your portfolio and experience.

In summary, investing $20 in trading can be a worthwhile pursuit if you approach it with realistic expectations, take time to learn and practice, and use caution when investing real money. Good luck on your trading journey!

Sure, why not, I'm doing it to trade only 10$ on binance and even on other exchanges. Just don't go below 10$ because for sure you won't be able to buy any altcoins or bitcoins. This is because this is often the minimum buy order in centralized exchanges and in the dex as well.
So don't expect that you will make a lot of money immediately with this small amount because you will spend a lot of time waiting for this amount that you use for trading to grow.

In my opinion, there are several nuances to take into account. Even though cryptocurrency trading carries a high level of risk, making smart market choices can result in bigger initial investments than just starting with $20. It's important to keep in mind, though, that many centralized exchanges have a $10 minimum purchase restriction for all coins. Additionally, transaction fees that are a necessary part of trading must be taken into account. Last but not least, diversity is a crucial risk-management tactic in trading, and $20 might not be enough to handle the difficulties that lie ahead.

The problem many traders are making is that they don't need to have bigger funds before they invest or start trading in the Cryptocurrency market. There are some exchanges that allow traders to enter the market even with as low as $5 to increase our passion about trading. Trading is a choice and it is good when we have learnt and gotten enough skill about the market and then go full into the market to make some dollars. We should not bias about other traders whom would nit mind entering the market with bigger funds that can lure us to go borrow money to trade the market and make good profits too.

Not trading really, I mean you could grow that if you want by working though? Crypto is filled with jobs you can take, I already have a job, but I bet that if I didn't, I could have find worse jobs than what I have now, I am lucky to have the best job in the world, but if you do not have any, you could find some. That way you could work and make a profit and then use that to increase your capital.

But if you are starting out, 20 dollars means absolutely nothing and I would suggest not to do that, makes no sense at all, even a 100% profit would be just 20 dollars and that is a very rare thing, you don't do 100% in crypto. Let alone that, investing that would mean most of it would be gone during transaction costs to begin with, so that is why it makes no sense.

I would say that $20 is a very small amount but that was enough to start a journey in trading as if ever you fail and lose it all, it was not hurt compared to $100. However, never think that $20 is easy to grow, it was different when you are using a huge amount. But as a beginner, you don't have to think about either instead, make a prior to learning trading more as it was too easy for you then to achieve it. I believe that most traders are starting with small capital and slowly it becomes bigger. You can make it as an example as to know that trading is not a quick-rich game.

the minimum limit set by many exchanges for trading is $ 10, so that $ 20 capital is enough for you to trade, but with a small capital, the profit you will get is also small, remember that it is very rare that you can find assets that can increase 100x or even 1000x in a short time, so it throws away your expectations about small capital -> big profits.

I really advise you to start trading with a capital of $ 100 and take a profit of 3% to 5% /day so that your capital growth will increase rapidly every day.

If you are expecting any guaranteed or promised profits in the crypto space, much better save your $20 right now.

If you’re not yet knowledgeable about crypto trading, it’s not worth spending your $20 for that.

In other words, you need to learn and enhance your skills in crypto trading first by going into the demo platforms to test yourself.

And not just that, you should equip yourself with proper risk management in both time and money like getting ready for the unexpected, acknowledging the unpredictable price changes whether bullish or bearish, etc.

You can use that $20 to gain experience, but not that much. Trading in futures needs a lot of funds, patience, dedication, time, and perseverance. You're going to experience a lot of liquidated trades but make sure you're emotionally prepared as well, because once you started and lose too much, it's either you keep on trading 'till you master it or leave before it's too late.

It's a way good start for someone who wants to try the market and see what are potential mistakes and learnings that he can make. While what you've said is true.
There are traders that have no idea and just starting out but they think that starting out with big funds will exempt them from the risk that they'll take just as the new and old traders have.
But there's no exception with that because starting with the little that you can, you'll have no fear of what's ahead as a result and you'll just able to see how it shall go whichever is the effect of your trade.

If he uses $20 to experience trading, then I think that will be fine. But if he uses that $20 and thinks he can make a profit or get rich from it, he should stop. It's really a waste of time and money.

OP, I think you should consider el kaka22's advice. If you have any knowledge and experience related to cryptocurrency, find a suitable job. But if not, find yourself any job as long as it can make you money. That way, you will get better initial capital to start trading or investing. The crypto market is not a place to make quick and easy money, if you enter the market with that in mind, you will soon lose everything you have.

20 bucks? Pfft! That's peanuts, amigo! Wanna rake in the crypto dough? Amp it up a notch. I'm talkin' 100 smackers more.

Here's the lowdown: crypto investing's like a poker game. Yeah, you might score a sweet hand now and then, but mostly you're kissin' your shirt goodbye. Gotta play it smart, work those odds.

Speaking of odds, get this: a rando's chance of lottery victory? Roughly 1 in 14 million. Talk about slim pickings, pal. But hey, better odds than that? Becoming lightning's target. Why not throw cash at a lightning rod and pray for a miracle?

All jokes aside, diving into crypto can be shrewd and potentially cash-tastic, but research is key, and know the risks. Take it slow, ponder your choices, and never forget: the house always takes the cake.

The way you are mixing up trading and investment is making me to believe that the $20 you started with is good enough for you.
I don't know your financial strength, whether if you lose the $20, you will feel as if you lost a big money,
Anyways, no matter your financial strength and no matter the country you live in. I do not feel that $20, is a very huge amount of money that will give you sleepless night, if you lose
And by the way, you may not lose the $20 at the same time, so wen your portfolio is down to $12, you can decide to withdraw your remaining capital and tag it a failed trade.
Lol. Don't mind me and the expensive joke, but the case is that you should learn before you trade .

The starting amount is crucial, as $20 or $100 is much more significant than $1.

I remember taking three months to earn my first $1 from Paid to Click.

With $20, you can start day trading.

Since trading is known to be too risky, especially for those who lack sufficient knowledge and experience, you are not even expected to begin with a large sum of money as a new trader. The greatest strategy is to trade with a small sum of money that won't have any impact on you if you lose it. Yes, I would agree that $20 is a reasonable starting amount for a novice trader who wants to use it to gain experience. Op it might be time-wasting because it might not bring you good profits, but for a beginner, it isn't because your goal shouldn't just be to make that much money right away.

If you are a beginner then for starting or testing I think 20$ is good enough. Even then the amount that was not that much big what can bring good profit. But I will tell you if you want to trade for a fair profit you should invest a little more than that. Otherwise, if you want to trade with 20 dollars, I don't see any other way except loss.

Start with low amount to learn the process. Create a new strategy on your own. Do your analysis on the market. Compare that to many live signals available on the internet. If your analysis seems promising, and you think that you are going to do well in trading. Even if that is true, it is always a good idea to start low.
Never forget that the market condition is always changing. As well as the strategies too. One strategy can never be used always in every market situation. Have different strategies ready for different market conditions. This will help you to stay updated with every market condition and make trades based on that.
So if you are thinking to invest with only $20, then there's no one stopping you. And new experiences are never a waste of time. You lose something you gain something, that's the deal here.

$20 is okay to trade, Binance is a reputable exchange and the minimum amount which you can use to trade is $10, but I will also say the same thing everyone have been saying, don't expect huge profit, if you want to trade and you are expecting 1000x in return then you are planning to trade shit coin, and don't be suprise you are going to lose all the $20 within few minutes and you won't have any knowledge about trading, when we are planning to trade, let's be realist with our profit, trading is not a ponzi scheme where they will promise you high return with low risk, don't expect your $20 to turn $2k within few day.

this is the good thing about crypto market, you can start even you have 20 bucks in your pocket. unlike in forex, you need like about 500 bucks to start good.
if the OP doesn't want to lose his 20 bucks for nothing. better select reputable exchange first. then start small just to get the grip of trading. as you are not in a hurry to earn profits here because remember you only have 20 bucks. this is like your initial funds to orient yourself in crypto trading. don't go to never-heard alts, as you are highly risking your money to lose in that way. as a start, you can always choose btc. do take note also the min amount of coin you need to trade. it depends on the exchange you are going to use.

I don't think it will waste your time to trade just for $20, you could start with any amount as long as it's the minimum for your exchange to start trading. Just don't over leverage if you're planning to trade on futures. You can do it on spot trades as well and just imagine you started at $20 then you've made it to thousands, that would be the most exciting part there.

Indeed, also I must add that if you are not willing to lose that money, then go on saving it. Investing and/or trading cryptocurrency is risky due to it volatile nature so we should know first what we are going into so that we can make use of it very well to earn profit. I think it is a great idea for a beginner to use demo account since it would help you experience trading without risking your own money. This would be a great help to know what strategies and techniques works for you the best. So, if you are really serious in trading your money, just try to exert effort to be knowledgeable and experienced in it since it would be very helpful for your trading journey.

Ofcourse there is. $20 is a great amount to start trading. You must be wondering why?
Because with that amount you can at least get to know how trading is done.
You may not earn big profits but you will surely learn how to trade.
It's not that big amount and so even if you lose you won't be stressed over it.
I say that everyone should start trading with similar amounts because as beginners we tend to make many mistakes.
That leads to lose our bets often and so a small trade amount should be good for beginners.

Everything comes down to your goals and what you want to achieve, if you want to learn the ropes and get a felling of what is like to trade with real money, even if the amount is small, then those 20 dollars are more than enough to reach this goal and allow you to improve and make way less mistakes once you use a larger sum of money.

But if you are looking to make money then you need to find an exchange with extremely low fees and which accept such small deposits, but even then you will just earn a few dollars, which when compared to your capital is not a small gain, but if you are looking to make huge gains to the point you get thousands or tens of thousands of dollars then I can say to you those 20 dollars are never going to be enough.

Exciting, yes because of the unpredictable nature of cryptos but fun? I think this is only feel once you are doing well and earning a consistent profit but if it's only the loss is the one that you are getting then all you will experience is stress. Last time there is a user asking if 30 dollar is enough to start investing in bitcoin but here, another user is asking if 20 dollar is alright to use.

Of course mate, you can be able to invest or trade using that amount even minus the fee. That isn't too small. Other than having a capital, you must be concerned of learning but you are already in the right place. You can ask questions here or search topics about investing and trading. Goodluck!

Its not actually a waste of time even using up that $20 for you to start up on trading which it is really that better which you would really be that having that kind of urge on making that capital grow at least.
Big or small kind of bankroll or capital wouldnt really be that totally different because the main thing on here is on how you would be making yourself that sustain and how you do handle up yourself in terms of risks.
You cant really just assure that the bigger the capital the higher of success you would be able to attain which it is really that impossible on this way. $20 should be sufficient but of course it would be having
its con's which you cant really be able to widespread up your position specially if you are really that making some SL's or would really be having that multiple position in small lots or amount.
Just do on what you do see that it would benefit out for long term. Learning process doesnt automatically been needing some huge funds basing up on what you do have in mind.
Sustainability would be always the main target for this.

It's not a waste of time. It would be a great experience, however, you might develop bad habits such as overtrading and overleveraging because you want to make a large amount of money whilst being undercapitalized. You are bringing false expectations towards trading. If you are already experienced then go for it as a challenge, but if you are a beginner trying to learn, I would suggest not to. instead, start with a demo account. Build a skill, integrate a setup, and create a winning character of the trader within you. When you are confident enough, find an investor o apply for a funded account that will enable you to handle big funds.

Don't focus on making money quickly. Focus on developing your skill and money will follow. Money is not a problem when you have the skill. Money itself will find you.

I think some exchange has the said amount of $20 as the minimum amount you can hold on your balance to make a transaction with, though this may also varies from exchange using twenty dollars as a beginner for a start isn't bad at all, it more more better to start small and grow the money to turn into a big investment than starting big and coming down very low later, traders make their daily income and return back the entire money together with the interest back on trading investment.

The topic catches my Attention because there are quite a few Traders who say they start with $10 and that can make you a lot of Money in the long run, and in fact they do free VIP groups to help people succeed in trading the trader I saw Of that, he trades in Binary options, it is quite a risky trade, according to the trader he says that he can do it without winning, and the truth is that I am curious because firstly he is doing it for free without Charging anything,and Secondly he says that he is going to teach others people to do trading, that is something that I liked, however it is a risk, and I would like to take that risk, I will enter with 10usd to see how it goes.

I've never heard of those free VIP groups that teach people how to trade and make them earn a lot in the long run. It could be possible, but I am curious about the basics they use for binary options. If you can start with just $10 or even 20 bucks, then it might be worth a try.

Good luck with your investment, and it would be great if you could update me on whether the strategy works if you decide to try it.

Cheers!

That's why there's a minimum value for traders to start with trading. This option is open which means any amount is welcome to the trading industry which is also a good start for a beginner. If you are good enough you might increase your funds slowly little by little since if you started with small amount then the prize would not be that big. Just always not put the money thay you can't afford to lose let's say you put $20 a week and your income is only $50 then it's not recommendable. Those numbers were based on the minimum wage in my country.

When trading or starting small, it is always best to trade only what you can afford to lose, because the market is full of unforeseen activities every day. We are traders, and it is our responsibility to use substantial trading strategies that will fuel our trading activities and lead to massive earnings. Only if you know what you're doing, getting full control of your own money without a third party looking to impose limitations on how to generate your personal money. Traders have the mindset and control to either liquidate or develop their account into a powerful large account. is $20 a tiny sum? 

It's good that you are starting with a small investment, as it's important to learn the ropes and gain experience before committing larger amounts of money. With a small investment like $20, it's unlikely that you will make significant profits, but it can still be a valuable learning experience. Make sure to educate yourself before making any trades and to always consider the risks involved. There are many resources available online, such as articles, tutorials, and forums, that can help you learn more about trading.

It’s applauding that you are looking for legal ways to make money, but then,It is very important to be aware that trading comes with uncertainties and there is a possibility of losing your investment. To gain better understanding of the market and create a reliable approach, I recommend you conduct a research on trading and investing. Also, paper trading, which is a simulated trading without putting any money at risk may help you practice your skills and boost your confidence.
Nevertheless, the decision to invest your time and money in trading is entirely up to you. it's essential to exercise caution and acquire adequate information before making any decisions. I wish you the best of luck!

Well, the point there is you are about to learn trading without hurting yourselves if you lose $20, unlike if you start with bigger amounts. But if you ask if this is enough to earn from trading? Please, have to think about the difference between having a capital of $20 vs $100. Trading results may determine not just because of strategies, it also matter of the amount you use for trading and to say that those who have a huge capital will possibly earn more as well compared to those who start with a small amount.
Imagine starting with $20, you can't expect profit but I was sure you earn experience and trading ideas that can be useful as you continue your trading journey.

Investing $20 will not waste your time but you will learn.  Since you have started earning money, hopefully you will increase your investment amount from that earned money. 

Trading with 20 dollars you have to give up your dream of profit because considering trading fees and other aspects you won't be able to profit from this small amount of money but starting trading with 20 $ will make you a good experience. 
And later when you have more money you can use this experience to achieve something good. So you can continue your trading activities.

useful for mental training in making decisions or bear losses if it happens. because beginners in trading even spending $10 to spend his first trade is not a problem. it will make him understand what decision to take in the condition of the trend of the coin. if that $20 was a mistake then it doesn't matter it's a small amount in the initial trade we would have understood the risks.

There are all kinds of people in this world, rich and poor. Rich people can afford to start with 1k$ and their earning will be also big while for low budget people 20$ is also good for starting. for Rich people 10$ profit is nothing but for those who have only 20$ for investing, 1$ is also big.  You can start with 20$ but your profit will be also low according to your fund.  i will advise you to use cex for start and  make different trade. you will learn well with these 20$ and then you can add more fund time by time. I remembered that i started crypto totally free and then i recieved first reward of 5$ from airdrop and now my portfolio is  more than 5k$. 20$ is not small amount and this will give you hope to earn more and you will learn many trading strategies and will set for better trading.

You can start trading with as small as $10.Trading does not depends on the amount you start with,It depends on protecting your capital and maintaining consistent profits.It is risky and no one can avoid the losses the profits should just be more than the looses and that way the profits can accumulate with time.

I want to come straight to you, $20 is very small to start a spot trading, for every 10% in every of your successful trade, you will only make $2 at the end of the day and that is whole stress you are putting yourself under. Having 10% in this market condition is very difficult because Bitcoin has been going up and down with a minor differences and it is affecting the altcoins and the only trades that can give you such profit is the altcoins.

What I will advise is that, husle for more capital and increase it to $50, you will enjoy trading with that amount, you will enjoy it more if you increase above that but the least I will like you to try is that amount, and please don't do margin trading and future trading, you will lost your money in a twinkle of an eye.

One of the most crucial fundamental concepts in trading is knowing how much you're willing to gain and how much risk you're willing to accept. The market is rife with tremendous volatility, which might appear at any fixed time. It is feasible to begin trading with $20, but it is difficult to grow because of impatience and desperation. More traders are unable to pass these tests since they are keen to increase their gains from the market. The mindset must be educated based on a single trading technique that will undoubtedly decrease one's losses to a bare minimum.

You are right, the amount we will get is proportional to the risk we will accept. When we want big profits, then it will be accompanied by big risks too. It's fine to start with $20, but it will determine how much you get.
We can use the $ 20 as a means to learn and seek more extensive knowledge about the investment or trading space. If we are serious then we will get that knowledge, regarding the lack of capital that we have I think over time there will definitely be a way to further increase our capital.

You can start trading with $10  but you can think to learn trading with $10  and gain experience,but for trading also you cannot place a trade less than 10 dollars so it means that if you place a trade and your trade loses then you will not be able to place next trade.So I think it's a waste of time to start trading with such a small amount.

Capital is very important to start any business or trade even if one does not have much capital but it is not the goal to start trading with $10.So I think it is important to have a good amount for trading so that you can gain experience and earn profit.

Yes, $20 is more than enough to start trading.

You don't necessarily need to risk money though since there are some platforms that offer free no-deposit bonuses up to $7. For instance, Everstrike.io, offers $2 for signing up and $5 for linking your Twitter account. You can trade with these funds and withdraw if you make profit (full disclaimer - I am affiliated with them).

You can also try trading for free on various testnets.

besides that psychologically people will underestimate small capital, for example if we trade with small capital then we are less focused on observing all conditions, and think more because of small capital then it's okay to lose. On the other hand, we learn to use large funds according to our individual abilities, so there will be a lot of pressure that will be faced, so we tend to be more careful and can trade regularly because we really think it is real money, not just try or play around in trading, and of course from the two comparisons we can judge whether the losses are using small capital

Starting with $20 or even $10 is good enough. But never expect profits immediately especially if you are still a beginner trader. Know that trading will often make you lose instead particularly if you are still in the process of gaining experiences and skills. For now, it’s better to enjoy and learn from all your losses and mistakes, and yes see trading as gambling that could easily used up all your money if you cannot control your urge in trading.

You know there’s nothing wrong starting trading with a minimal amount. You are just a beginner so it’s just right that you have to put an amount that you can easily manage to lose. And besides, bigger capital does not necessarily mean that you will also gain bigger returns too, that is too hard to expect from trading. Trading outcome will depend everything on the trader’s abilities and skills to trade, and not that how big or small the capital is.

A must thing rather specially when you are a complete noob on which using up a small fund or capital would really also giving out that kind of dedication and concentration since you know that you do only have a little amount of capital. Trying out your best on making it big as much as possible via compounding your profits overtime but somewhat this would really be pertaining about long time
effort and hardwork that you should really do. There are people who are really that not having that long patience and this is why they would be mostly be ending up with this kind of mistake.
It is really that possible to start up with $20.It is really just that there are people who cant really just wait on the right time but rather they would be taking or putting up hundreds or even thousands of bucks despite on being a noob. Well, realizations do always happen on the end or on the time that they would be experiencing unfortunate events.

It’s best to start trading as small as $20 or $10 so that if you lose that amount, you will never regret it in the end. Note that trading is like gambling, losses are more often to appear than to gain and make profits with it, so if you are trading to satisfy your greed, then prepare for your loss and not for profits. However, you may increase your trading capital if you are more skilled and experienced on trading already, but for beginners it’s better to trade on a small scale first.

The question is, have you been into trading before? Or have you been practicing how to trade before? If not, then you can start with the $20, which you are likely to totally lose in one of your trades since you are still starting. I am not saying this to discourage you, but in trading, you will definitely encounter losses. But since you are starting with a little amount, it will encourage you to practice risk and financial management because if, as a beginner, you are starting with, let's say, $1000, if by the time you carry out like five or ten trades and in those trades you have lost $200, you will not feel much affected because you will think that after all, you still have $800 and that you will definitely trade and make the profit to cover up your loss, but since you are starting with just a little amount, you will feel much concerned about when to trade, and you will not really want to take the risk of trading when it's not so favorable because you are scared of losing just the small capital you had. But honestly, trading is not a sustainable source of income for a beginner; get some job or skill to do and use trading as a side hustle until you are perfect in trading and realize that you are making much profit every day before you can seriously base all your attention on trading. Just my opinion

in as much as we can trade with the minimum of $10 them there is no limit to wish amount we intend trading with since there are still people that trade even with as low as $5. I know different exchanges might have there rate for which we can trade but many exchanges especially the new ones can allow traders to tradeas low as they want because this will also limit the number of profits they could made. Trading is all about skills and how we can understand the market to a certain level that we are not going to be bothered about what could happen in the market or what direction the market is intended to go.

If you are new into crypto and you don't have huge funds for investing 20 USD can be a stepping stone to your journey I started before with the same amount and consistently depositing deposited with that and I saw the price of the bitcoin dump to 3k USD only and I grab this opportunity to accumulate as possible those 20 USD barely from minimum got a good profit after ATH reason I bought my new PC and laptop. Always manage the risk don't get discouraged because of the small amount at the end profit counts.

For me I don't see it as a waste of time, you are already earning from it maybe not a profit but from the knowledge and experience that you are accumulating while doing it.
If you're learning from what you've been doing while trading $20 then it isn't a waste of time, think of it as a preparation for a bigger game.

I agree that it is not going to be that easy to figure out how we could make this much change, in the end we are talking about a situation where it is not that easy to handle and we may end up with a lot more trouble. So that means if we are at a stage where we start with small capital then we will do the exact same thing as we start with bigger capital, if not then that small capital will always stay a small capital.

In fact, people may take more risks with smaller capital, and that would be even worse because they will most likely end up losing it all, whereas people with big capital will be more careful and make a lot more money. If someone has 20 dollars, invest it just as you would invest a few thousand dollars, or a million dollars, and you will do a lot better.

Yes exactly the outcomes depends on your invested amount like if you put more money so during the Bull run you will have maximum profit but during the lower price you will have maximum profit too so its up to you that whether you wants to choose. If you can afford maximum loss then surely invest greater amount but I think that always think about yourself, about your future because earning money in most difficult task these days so always take step consciously.

What you will do exactly? Do you plan for trading or investing in crypto?  ???
You need to focus on 1 field first, you choose trading or investing. According to your statement above, it is a bit confusing whether you want to spend $20 for trading or investment.

Anyway, do you a newcomer or already join crypto a long time?
If you are a beginner, it is better to use small money first. $20 is enough to start trading or investing. Your focus is on learning, not to expect too much about profits. However, if you are already a long time in crypto, you should use a bigger amount of money. Using $20 won't give you a big profit, to earn proper profits you need more than $100.

Don't worry, mate. I also started my trading amount at that time with 20$ only. Just do it with the amount that you can afford to lose. This is wise enough.
The result will really depend on how you are trying.
If you are going to invest only that much, the result may be still small. But this is no problem if you are still doing DCA and another investment amount again.
But, if you are trying to get riskier activities by trading, you may earn more profits (but this is not guaranteed), depending on how you are learning and the effort to trade.20$ for trading is actually enough, but I suggest you not to do it in the Future market, because you may lose the money very easily. You can try trading in the Spot market, by taking coins with small prices, but a high market cap. But once more, the result will exactly depend on your effort, because, trading is very risky and you must prepare it very well, starting from learning and getting the knowledge, setting the strategy, and preparing for your mentality.

Investing in crypto for only $20, for beginners I don't think so bad. Because if you are really still a beginner and don't understand about market analysis, with only $ 20 capital it will be enough. Because in the early stages you definitely have to learn about trading on crypto assets, and all the necessary techniques to help you get closer to achieving your trading profits. With your capital of only $ 20, it will be easier for you to apply the techniques you have learned, into your trading. Because with only $ 20 capital, you will be more confident and not too afraid when losses come. So in conclusion, make it an opportunity when you have a little bit of crypto assets, to continue to dig into the knowledge and immediately apply it to trading crypto. That way you will have more experience and knowledge, and when you already have large capital in crypto you can immediately apply it. And I have also done those methods before, when I only had a little capital.

in crypto any amount is worth in my opinion, you can try to invest Bitcoin or other top altcoins if you're confused about where to invest. If you want to risk your money in altcoins you can try meme coin where some meme coins can be up 100% in just a few days or even a few hours. As long as you afford to lose your money then its set to go to invest in the crypto market. 

Well trading is a nice business  worth alot of amazing ventures but just as any stories you must have heard about trading, which i believe  must have been an all happy stories, I also want you to know that  nothing good comes easy and to be successful in trading, you have to first take your time to know the rudiments and also invest in acquiring  more knowledge than focusing on profits, though it is always a sweet feeling flourishing in profits while even still learning.

Long story short
Acquire more knowledge  first before making any invest and there is always a demo account if you want to have a fell of what the financial market looks like.

It’s better that you’ll start with small funds, know that you are still new in trading so you have to invest or trade at your own risk. At least, if you lose that small amount, that will never be an issue then. However, I believe that even if you are starting at an amount that you can easily afford to lose, you should still invest at the best of your ability and skills. You will never grow your money if you don’t have working strategies to profit, so invest with knowledge and stick to your working strategies, and always invest for long term as there is bigger potentials to make significant profits if you do it that way.

It's hard to make money, is only those who don't suffer to make money spend it unwisely by getting into trading for fun. Trading is very difficult to start as a beginner. Am yet to see anyone who moves into trading just for fun no matter how wealthy he is. He will try his best to be serious with every move he makes in trading due to it involves money. Not to talk of a beginner who hasn't learned anything about trading before

Investing in bitcoin with his $20 is not the best option as it seems due to how expensive bitcoin is. The best step for OP to take is to leave trading for now and channel his energy into finding a good altcoin that is cheap and can also do well in the bull run if he should invest his $20 into the altcoin.

Aside from that, I don't think that the $20 the OP has can yield much profit for him in the future even if it's by trading or buying bitcoin.

If $20 is all you have gathered to start with and would still like to use all then is fine to start with whatsoever money you have with you, after all you won't rob a bank to start with a huge sum of money. To me, if it's trading that suits you and gives you that goosebumps then go for it, I believe that what ever you put your mind in doing, with much determination you can get to your goal.
But if I'd advise, I'll let you know that there's no trading that doesn't have there ups and downs, profit alone shouldn't be in your mind, just prepare for the worst and pray for the best. Get advise from those who are there before you (experts), it will also help in the future.

whatever capital he has, he can start trading. at least he is eligible for the trade minimums set by several exchanges for each different asset.
no need to be too hasty. learn trading strategies, and of course how to choose the right trading assets. because it is important for a beginner. don't just choose assets because, with the capital that has been collected with great effort, it can be lost when we choose the wrong asset.

to start trading with a capital of $ 20, I think it's a normal thing to do. My advice is that we should be based on the percentage of profit, remembering that if we look at it in nominal terms it will feel very small, and this can damage our psychology, for example if we profit 20% in a month, in terms of percentage it is already a good achievement, but if we see the nominal is only $ 4, so don't think that working 1 month is only enough to buy 1 pack of cigarettes, but we must be aware of the amount of capital used, and the consistency of the development of our funds

I suddenly remembered the 1k to 10k journey of a trader who transparently shares every open and closed position on his Twitter, if everyone forgets this is what I mean. https://bitcointalk.org/index.php?topic=5410409.0
Just to make the OP more excited that with above average trading skills will be able to achieve significant returns in the expected time.

- then $20 to $2k journey, that can be possible, though.
However, I couldn't find it was too easy for him as it certainly takes a long time to grow $20 and make it bigger. It is actually a good start but OP must plan as well to add more funds to help it grow fast, impatience really have a bad influence and I was afraid he could be in that situation and give up.

Because for me even if it was the minimum amount to trade, I should have to start above the minimum amount in order to fully enjoy trading and learn more.

As a newbie in trading 20$ is a good start, there's no point if you start trading with a big capital because theres a possibility that you will loss it because you are in a learning stage or you still collect some idea to make a perfectly trade and if you start with a big amount of money you will surely regrets at last.

capital of $ 20 to trade on the spot market I don't think it will develop well,
unless you want to trade on Binance futures then you can double your money, but indeed the risk you have to accept is also very high,
because futures trading if you are wrong and you are not wise then liquidation will happen to you.

Yes it's still depends on how you use that $20 in trading because some couldn't even last in the market once you enter with that amount. But still starting with small amount is a good way to get experience and to be familiarize with the system, I am not saying that he would lose that $20 fast but we all know that there's no beginning without a loss since it's a part of our development and skills in this industry. Watch some videos and learn a lot cuz I got liquidated the first time I deposited money.

It is very good that you decided to trade with a small amount. Because the main problem is that people start trading large amounts and lose everything. I advise you to spot trade on Binance (https://binance.com/), and if you decide to trade on margin, then use XGO (https://xgo.com/).

That is what you actually need for your initial investment. You don’t have to actually put a huge amount to make you profitable. After all, investing large amount cannot guarantee profits as well. It all depends on how knowledgeable and skilled you are when choosing what and where to invest. However, if you are already making profits from your initial investment, then you can start trading as well with a bigger size. Trading can make you more profitable if you are actually doing the right thing.

Why not? It's even important to start trading at a small amount so you can easily increase your trading size if you start being profitable from it. Also, trading is way more susceptible to losses if you are still starting to trade so it's safe to trade with a minimal amount. For now, increase your knowledge and improve your skills first so you can trade successfully and make significant profits.

 Every trading journey has a point will i say A START UP POINT. But can you be patient in the process? you will definitely come across lots of YOUTUBE VIDEO'S of many traders who will post 1000X win rate strategies. one question you will ask your self is are these strategies really working the way it is been hyped. so my advise i will give so far is if you are starting with the $20 stick to what works for you and dont be in a rush to flip the $20 to $20,000 in just a day because these are the kind of post you will see out there HOW I FLIP $5 TO $50,000 IN A SINGLE TRADE it isn't possible. :'(

It's more preferable to start trading the $20 in spot trading than thinking of going into trading it on futures, I assure you that there's a 95% chance that he either not go see the capital let alone getting it double futures is very risky and not something to start trading with $20 or with no experience. If he puts the $20 into Bitcoin via spot trading with time it will appreciate and reduces the chances of losing all the money when trading futures.

You can start trading with as little as $10,it does not need huge capital especially for a beginner trader.You just need to learn a good risk management strategy in which your gains will be able to cover for the losses and still make consistent profits at the end of the day no matter the market situation.

You can start by leverage trading. I started at $10, and I made it $1000 in few weeks by using high leverage. As possible, don't use max leverage, maybe a minimum of 20x will do. Learn technical analysis to position properly on both take profit and stop loss. There are basic indicators that could help you. I use bollinger bands and rsi but it is up to you what are your preferences on the indicators that you are going to use.

The very important factor when you are in this kind of business, learning the process no matter how much is your starting investment as long as
you are learning the process, eventually you will manage to grow your money.

It's important to have skills. There are different types of investors and you need to know your classification to find the right strategy that will fit you.

Things that you needed to learn while trying your way to succeed, no matter how big or small your investment, without learning the process
it will be difficult for you to survive.

Learning process doesnt really need that huge funds for you to do so, its true that even on a mere amount or something that a dust called would really be just that sufficient.It is really just the same on how things should really be dealing up with.It is really just that differ on numbers but in overall execution or on how it works is really just the same. It is really just that you do get bored and impatient since you do see that you do have that small amount but it is really  still that significant if you are really that eager to learn .There are really just that people who are really that in a rush and this is where you would really be tending to make
use of huge amounts but eventually these type of people would be losing that big before they would really be making those realizations along the way. In the question about 20 bucks would be significant
on learning trades, then i would say its a yes because despite of that small amount you could still able to execute out unless if a certain exchange does have that higher trading amount limit or minimum.

Yes, if someone wants to learn trading 20$ is good, but he need to expect a little gain and the profit is not yet showed easily. Some sites offers demo trading account maybe he should try it. It is good that he starts to trade in small amount first before going big time. Some people skip the learning part they just want to go with the trend and that could add more risk in their trading journey.

It’s not a big amount but it’s simply what beginners only need so they can manage their losses if ever their trades become unsuccessful. And since they have less experiences with trading, then they should not jump into putting big amount of capital because that will only mean huge amount of losses as it’s rare to see newbies in trading ends a trade with a huge amount of profits.

indeed starting small will really help us to apply the strategies that have been learned in theory, so it remains only to practice and understand the difficulties encountered in the real market. not a few of us will experience a variety of new problems, especially with ourselves personally so struggling must be able to overcome them, and of course there will be many other new things. as time goes by, we will have a lot of experience and be smarter in trading, and I think the capital will increase by itself, so learning gradually will be better

You have every point to trade with 20$ because thats what you have, but what i will advise on is maintained that act you will use from the start to the finish, greed is the only killer MACHINE in this trading industry.

But I'm not sure if that $20 is enough to learn more about trading or just it has gone in a few days.
Of course, I do believe that learning to trade is costly, you can't expect profit in your learning days but losses. This means that we have to commit mistakes first and lose some dollars in order to get the benefit we wanted. Because success doesn't come too easily, we have to get it with hard work and patience, and most of all, we have to spend some money on it.

Well, it's not wasting your time if you learn something and having fun while doing it.

Invest/trading with only $20 could not get you any bigger profit in return unless you are super lucky with unknown coins/tokens out there. But, the chance of you losing $20 is really big because it seems like you are still learning about the trading hence you may lose some in your journey to learn about trading. Would be better to lose now then when you are bigger, so you know what to expect.

I am not sure why but there are many people who are possessed by the fact that they want to start doing trades with as low as $7 to $50 or something. I am not sure if you are from the dollar accepted country or some other but that has got to be the reason behind asking for such low valued trade. These amounts are literally nothing and they can’t make you money. If people are discussing yes it is possible then they have not made any trade yet. Have you seen how the figure move when we put our money into trading instrument. It goes nuts on most of the days. If your trade analysis is proper then you may see some changed in your low valued or penny stock investment. It’s like you will need bigger % hikes in the entry point price to earn some profits. The bigger the trade volume the higher is the profit margin.

Hmm considerable fact but the market conditions can make a good impact if a user is entering Trading whether its spot or future and he is taking entry in the Bull market, His risk is possibly low and he can manage to make a good profit on the same time if a user is entering the market in the Bear market he is gonna face more difficulties as well the profit range will be extremely under pressure and there are high chances the new one in these difficulties will end up the trading.

Hmmmm, well said, Investing in cryptocurrencies with a low investment amount is possible, but it's important to approach it with caution i.e take the time to understand the basics of cryptocurrencies in detail, their potential risks, market assessment etc. Before taking any trade, at first, look beyond the well-known crypto coins and explore low-cap or smaller and should have potential growth. Secondly, spread your investment across multiple cryptocurrencies to and for any market risk. After taking any decision, be calm and take the analysis of step taken. Remember that investing in cryptos, especially with a low investment amount, carries risks. It is good to only invest what you can afford to lose and be prepared for market fluctuations.

Investment and trading is totally different when it comes to execution of actions in related into the money or capital you do have.We know that investment does involved holding of your money for long time period
whereas if we do speak about trading then it would really pertain on trading up with your coins on an active manner which means that engagement would really be totally different.

Speaking about $20 then it would be still that possible on which you could really make out trades with that amount. Trying out to learn up everything that you could along the way even you do really make
some peanut type of capital but if you do able to see that your balance is getting bigger then it does really signifies that you are really that doing good and just continue on what you are doing.
Having a huge capital would be useless if  you arent really that able to see such progress with your balance.