Bitcoin Forum

Hello everyone, this is my first post here. The core reason to signup here was to know more about bitcoins, this forum is teaching me alot of things already. So I want you guys to teach me about trading as I just started out in faucet and I can use upto 50k satoshi for the deals, can you please teach me? Thanks everyone.  :)

No offense but it's completely not worth it to start trading with that amount. Getting a sizeable profit in trading needs time and your profit depends on your investment, with only 50k satoshi you'll be wasting your time for few cents.

Like someone said you.If you want to make some solid profit from trading you need to have decent bankroll.Trading is also like gambling but low risk.Buy some coins from ICO and sell it when you make double or triple profit.just keep eye on altcoin board before you start trading and learn about scam.

Be careful there are so many altcoin   popping up daily but only few are trusted to invest and Don't invest what you can't afford to lose.

Yes right 50k satoshi values almost nothing.Now days recommended transaction fee is around 50k and with faucets you cant earn more than that.May be getting 50k satoshies would have costed you alot of time.So i would advice u buy atleast 0.1btc and then think about it.

trading bitcoins is easy, you buy low and sell high.
Be worried of scams though.

It's a good place to start though! It is very good for experimenting with the profits that can be earned from trading without a large loss involved.

@OP - the main things are to buy coins when they are at a low(er) price and sell them when they are at a high(er) price. The limits of what is high and low is based on your own personal opiinion though, and I'd advise you at least try to do something simulated initially so you can see if you have a good strategy that can be used for trading.

Thank you guys for your respected opinion, but I just want to try it out that how it works even 0.01$ profit will be + point for me as I want to gain experience. Thank you everyone :)

Most members are pessamistic about small investments. However, testing investing with small amounts is a good idea in my opinion.
I'd suggest sites like yobit.net for altcoin investment (as it requires the lowest amount of principle).
You can start with only 50K satoshi on most trading sites and can gain large profits if you select the right investment!

trade for free at my
http://u2cloudmining.winspiral.net
and soon you will have 50k satoshi more.

I think you need at least 1 BTC to start any meaningful trading.

Then you should go here.
https://bitcointalk.org/index.php?board=8.0
There is a lot if thread which can help you about trading. Trading is hard than your thought so ask for advice which can help you with trading. Remember, trading has a risk and you need to deal with that. Good luck.

i don't agree with any of this, of course it is obvious that if you start with a larger capital you can make a larger profit but it is not necessary to start with a big amount especially if you are a newbie you should not start with a large amount because you will lose it and regret even doing it. but maybe start with just 2x of that amount (100K)

also you are dead wrong about fees because for a medium size transaction these days the high priority needs less than 19K satoshi and you can even get confirmation with the old 10K satoshi too.

Faucets are good for starters like Faucetbox rotator where you can claim at least 200-300 faucets per day, making about 25.000 satoshi if you just click them once (takes about 2 hours and a bit).
I would suggest you to avoid trading as its not meant for people to win but for the house offering that to people to win, almost same as with gambling. Although in trading some basic knowledge can make a difference.
Best for you is to start from small work, you can make about 0.40 USD per day by solving captcha at megatypers.com but you can make much more there by working a few hours if you are unemployed.
When you upgrade your rank in this forum at least Full Member or Sr.Member you can join a signature campaign and earn additional amount of bitcoin.

I think even half of it or 0.1 you can increase it fast in trading. just to choose legit altcoin and bitcoin to fiat. also and good strategy to make a profit.

Welcome to This forum.

Bitcointalk is place where folks discuss and find solution for their difficulties.

Anyway! 50K sats makes no movement. It will just like test. I will recommend you to join sig campaigns , do some fauceting, and reach to certain amount. Use that amount for trading of altcoins.

But trading need little knowledge and experience a what market is trending towards, as well as market conditions, market fundamentals etc.

50k is just not a lot of money to actually start trading. The fees will just eat up all your profits and money.

I would recommend you to start with atleast 1m Satoshi and go for alt coins.

If u want to learnt about it then u can try it at 50k satoshies.Yobit may be the place for you as you can try there with 50k satoshi as you can buy some cheap altcoins there

Thanks for understanding my idea and giving me the name of website. :)

Thanks everyone for giving up some +ive responses which is not really common on other forums. :)

Yes bro I can Teach you About trading but in trading you need a Sufficient investment not 50k satoshi only. You need a Starting Investment upto 0.01-0.1 Btc....

With low trade volume you can't make good earning. If you consider it to be an additional earning for you additional comfort you can start with small volume and move further, but if its for your living expense try for getting involved into more bitcoin earning methods available.

Bro I can Tell you About Trading But The Amount 50k Satoshi Is Not Sufficient For Doing Trading But I can Explain you about Trading Below:-
You can Start Trading Bitcoins or other altcoins, but I Suggest you to Trade Bitcoins Because you haven't Much Information about Trading Now. Trading is a Process in which you Buy Bitcoins or any Other Altcoins at Low prices and Sell them at High prices. Now for Trading Many Websites Are available, But I Used Only Two Sites which Gives Full Satisfaction to me:-
1) Localbitcoins.com
2) Yobit.net

50k satoshis not worth of trading. Thats only around 20cents in US dollar. Faucet is not profitable if you are only ising one. You must try faucet rotator to gain more bits. But still this worth of your time i guess. You should try signature campaign which can give you just afew bits according to your rank.

@op, in my own opinion, I will advise you to calm down and really understand the trend before venturing into trading as it might not seems easy as it looks and in most times this is the case. If you just go I to trading straight without requisite knowledge, you lose nd might get discouraged, going into gambling is another way gain but either way my point is take your time and most importantly understand how to manage risk and failure in a case where its inevitable... My 2 cents...

Yeah, that amount is not great for trading. In my opinion it is better to look for bitcoin with faucet rather than a signature campaign because given the the rank of the person. Right, faucet did spend our time, but it was better than we did not get anything.

There are not teacher traders around, and if someone said that he wants to help you and give you inside info prolly its fake (no offence) but this is the kind of attention you can get,
in order to learn trading properly you need this https://www.youtube.com/playlist?list=PL33D0C18CDEBF64B7
and after you get an idea how it works spend some hours watching the charts
last but not least ! Before you invest in some X alt coin Read all the shit you can find out here on forum and internet, read also other people opinion ! and try to recognize how a troll writing look like!

P.S. Always keep calm ! Panicing will *uck you twice
P.S.2 dont invest what you can not afford to lose !

That's too small to start trading, you can't feel your profit there if there is.. But don't worry, since you are already here, you can then check the services sections, you will earn few more satoshis there.. Just a piece of advice, don't be greedy and in rush, that won't give you good foundation in starting out in bitcoin world and in this forum...

Again, welcome and good vibes..  :)

it was nice you want to learn about the trade, as this is the best way in my opinion, compared to other investments.
you can try small trades on altcoin. some sites like poloniex and bittrex. or you can get the experience of this person https://bitcointalk.org/index.php?board=8.0

You better learn how to trading first before you invest and your capital bro is insufficient amount you cannot earn with that capital, much better if you have around 0.01 to 1 BTC.

Right, before trading with real money or bitcoin I think we have to learn in advance about the ins and outs of trading bitcoin. Because it feared if we lack knowledge about trading, it is not the profit you get but instead loss. And my advice to the learning phase do not use too much capital. :)

my suggestion is play more in faucet but don't just play bitcoin faucet. there are many faucet for altcoin like ltc, ppc, dash, doge and etc. you will get more if you search. use your wallet on market exchange like polo, bittrex, yobit, etc. then after you collect your altcoin in your wallet, you can start to sell your coins. just sell when you are sure the rate is up.

how to know the rate will up? you can watch out the charts, it will show you the trends. learn by doing is good lesson for you. sometime you can get profit, but sometime you can get loss. don't worry, its natural for first time.

As others have said,  50k is way too little to make a profit,  but if you're just looking to practice trading,  you can do it.  Set up an account on Yobit or Poloniex, then you can trade altcoins until you run out of money.  Be aware of the withdrawal fees though.  I know yobit is 20k to get any amount of bitcoin out.

50.000 sathosi is very small amopuonth, i think you can't trade with that's capital, i suggest you to buy 0.01 bitcoin, then you can start trading, i can help you, i will give you trick and tips just Pm me
i will introduce you how to trade, of course it's free :)

You probably need to just buy some bitcoin to start trading. If you can get 0.1 or more bitcoin and then open an account with one of the major exchanges, you can move the funds there and start trading.

i am also interested in it bro. Will peep into this threads often to learn how to trade. Will even try to ping you to know more about trading. As i say always, this community is a good place to be with. Feel at home when you post helps and so .

50k satoshis is not enough to start trading mate, you have to start at least with 0.01 Bitcoin , and also i suggest that you visit the trading section in this forum where you can learn from the useful topics

If you would like to learn how to trade, this alt coin (alternative coin) rimbit has a few tutorials on how to use the ccex and yobit exchanges.  The link is here http://rimbit.com/documents/ (http://rimbit.com/documents/) . Trading is all about risk.  If you risk more, you may end up with a greater amount.  Also, understand that there is a difference between day trading and investing.  Investing is buy hold for the long term where day trading is just for the day (or week).  If you feel that btc is outside of your budget, you can check out some of other alt coins like lite coin or doge coin.  They are also traded on exchanges. 

Good luck!

Welcome to the bitcointalk.org,Tradings is risky for beginners but do research about the coin you want to invest if have a potential to grow to the market and also the volume of the coin.If you do this the risk percentage is little reduce.