Bitcoin Forum

I want to start out trading altcoins but don't know where to start.  I don't have much money because I am a student.

Should I put my money in low cost coins such as NEM or should I put it in higher cost coins such as litecoin?
Should I spend $10 on each coin? $20?
Should I try a few ICOs?

Any help would be appreciated, thank you

It depend on your aims. At first you should ask yourself "What i whant to earn from crypto trading"? If you want to earn in long term it nowday is a good time to invest 20$ in 10 perspective coins. If you understand nothing in trading i think it is the best way. If you want to earn every day a little money you should study a lot and trade a small lots but in will not be easy.

I think its not about the money when you are trying to start trading. It is about the skills and knowledge on crypto trading that matters. Even if it is just a $200 starting investment, if you are ready, complete with the necessary skills and understanding of the art of crypto trading, then you will earn. For now, learn trading. ICO is not for you yet. I think you will consider the coins that are having large spikes. Wait for these coins to be on its very low value before buying.

You should spend it on coins with potential to grow. You should also consider diversifying that 200$ and do not put it all in one basket. You should try to invest long term rather than thinking of short term gain. You can also do short trades when market is active. It depends on you how you will diversify your investment, you can also invest on ICO's with potential like ditcoin if you want. Just always remember to sell when you have enough gain already, selling too late would mean profit loss.

What I personally prefer and also did was following bigger traders and buying cheaper coins that are known for jumping in price.

If you're a newbie, keep reading the forum, but don't take your investment idea from the forum. Please note this. People hanging out here will try to make you invest the coins they currently have.

Make decissions on your own after checking some graphs and analysis.

I would not worry about what coin in terms of big or small.

Just use the 200 to built a portfolio u want.

The awesome thing about crypto is that u can trade with 200

Since the alt coin market is having a bear run for a while ,there are plenty of promising projects which are good to enter and check out the alt coin section and understand what the best project is which has a good reputation to hit the jackpot in the short run and invest in those for the long term ,sure you will have a good profit in the end.

With $200 cash, divide the investment into few ICOs only, like 3 ICOs.
Which ico's is potential, look at some of the discussions in this forum, but still the final decision is yours. Follow some ico's graph in the last 1-3 weeks. Then you will find which ones have increased volume and not. This is important because learning to trade should be able to see the situation from a long time span.

Buy $200 worth of Waves. I'd be very surprised if you don't triple your investment by next spring/summer.

If you're going to start trading with $200 only, you should build your account on coins that is small but still profit table. Spread your money in different coins and sell them when there is profit but don't sell them all, keep some for future purposes. Treat it as your own investment.

it hard to make profit with only 200$ and with no trading skills. I recommend you to play around with 50$ in order to learn daily trading and understanding how the market works.

$200 is a good starting amount for trading but it all depends on your aim but if I were you I'd distribute my money on the altcoins that have the potential.

If you need to trade first you have to learn about the facts before invest. Now you can invest your 200$ with bitcoins.

Educate yourself. You should not let what other people decide where to throw your money but (don't get me wrong) there is nothing wrong asking other people's thought. What I'm trying to say is to do research after that to verify the information given and to know more about it. I can't really suggest what coins you should buy or not but an advice is better, right?

Waves would probably be a good idea. You can also go for a small share in Bitcoin or Ethereum.
Remember with coins you don't have to buy at least 1, with the bigger coins you can go for a fraction.

Be careful of high exchange rates and scammy exchange sites.

its a little difficult to start with that amount..
you need to split your money into few projects so you have a better chance, spliting it to 50$ each will make the process very slow..

Don't diversify your portfolio too much, invest in 2, maybe 3 projects you like.

I know many people will disagree with this, but $200 is not much money and it is not lucrative to invest it into 10 coins. Can you imagine your coin going up 50$ and you earning just $10?  :(

I suggest you invest everything into 2-3 coins, and then invest more every month (or in periods you are comfortable with).

Most of the time specially if you are just a starter and you don't know something about trading, don't do it. Why? Because you are in a situation like driving a car in a high way, where your skills are just for driving bikes. The risk of trading for novice traders is high, what more for starters like you right? So if I were you, I'll put my money somewhere safe. Release them on trading if you are confident enough that you have skill and knowledge about it. Also, about choosing ICO's, be wise about them because the level of risk is quite high too. Imagine that for almost 200 ICO'S only 15-20 among them becomes successful. Be smart, be wise, and never stop reading. Your $200 has a long way to go if you are smart enough about spending it.

I think you should try to deal with alts first.because bitcoin is so hard to deal now,with its huge price its hard to afford trading with btc.i wish that 200$ of yours can be invest in long term,not for quick money.if thats the case u cant succeed because the orice now is unstable so we need to be patience.

There are over 2,000 shit-coins, take your $200, and buy a dimes worth of each shit-coin, that will get you about 1,000 shit coins for each shit-coin family

Then wait one year, one of the shit-coin may be worth a penny, so after a year you get back $10,, from your $200, the other shit-coins will be worth zero

Welcome to trading shit-coins

Its better to start with quality coins that have the potential to go up, because it has a low chance of loss in your trading, but first you need to monitor the prices in coinmarketcap which coin is the most low price in the top 50 list then you can invest into it and then keep it and wait for the price to go up then trade, so you can be sure to have profit.

put stickys on wall with name of shit-coins

put on blind fold, get darts, number of darts of number of coins to 'invest'

put on blind-fold and toss darts, take off blindfold, and buy the coins that dart hit,

now u have a diversified portfolio of shit-coins

***

The above algo doesn't work, as everybody is buying the lowest price in the top 50, the trick is to be the lowest price in the +2,000 and get the 1,000X, the only way to get the winner is to place a bet on all

'market cap' doesn't mean much in crytpo, it actually means that somebody has left too much money on the table and that its very likely that that the owners will cash-out

I suspect that better reward is buying the crypto with lower market-cap and riding it up on a random wave

***

a better algo than random maybe to just buy the 'catchy name'' most of these coins are all shit, and what your looking for is the greater fool than yourself to buy, thus think about which coins sound like the next bitcoin

putting your nickels in a piggy bank, next year you will save more money than playing crypto

Me i started trading with $100 since like you i'm also a student. What i did mostly, before i started trading was read, research, analyze. If you have a coin in mind like for example you mentioned NEM then look into it, try to gather as much data as needed. If you think it is worth the risk to invest on it then go for it. What i did most was day trade. Although it did give me returns but its not that much because of the transaction fees. So make sure you sell only when you think the profit you will make is more than enough to cover the fees. Good luck.

It's not about how much money you need to invest. It's about what coins you invest in, try to find a coins that has potentials to grow within few month. Do your research before buying. There are lots of shitcoins floating around.

first think first never trade if you not have enough knowledge about it. people who succses in trading had to bite the bullets i mean you just need to learn first and know what good and bad from it. Also ICO is not good enough take a long time and that ico can be scam or something else

$200 is a good start. As for your trading strategy, it depends on what you want to achieve. If you want slow and steady profit, buying BTC and keep for the long term is good. With BTC price falling now, you can grab some $200 worth of BTC and hold till you earn a few times.

If you want quick and high returns, do some research and invest in newer altcoins and ICO projects. It can bring multiple times of your initial investment but the high return is more risky.

For me, I diversify my investment by buying BTC, altcoins and ICO projects.

start to make research before in a good alt with a  low price , and have faith :)

Firstly you should be divide that amount of money by maksimum to 5 different altcoin and choose altcoin that has good fundamental, big volume and big marketcap like ETH, DASH,WAVES,LTC and XMR. Buy these altcoin when in oversold area and always patient wait to get cheaper price, then dont be greedy when taking profit. Take profit maksimum 20% every trade is enough, then dont forget to cut loss when wrong trade and  cut loss when floating minus 10% so the amount of  lose not bigger.

200 dollars can be a lot of money in the crypto world if invested smartly. I would suggest investing in ICOs that are gaining many followers and have promising plans with expected profit in the future. On the other side if you want to trade buy more coins not just one altcoin cause if one falls in price there are always others that can regain your profit. Btw, look at the analyzation of the crypto-coin trading every day to calculate and learn about the coins you possess.

Yes, people keep saying trading is about skills and also that true trading is like a full-time job. Maybe that's true, but how can one learn to trade with profit? I think it's not about projects anymore. You can be an expert on how neo is different from ethereum but it doesn't mean you'll make a right decision. A lot is based on luck, especially short-term. Take a look at bitcoin cash. There are no rational explanations for what we see now and nobody know when it the right time to dump it and whether investing right now would still be profitable. This is why I think it's better to research a project and invest long-term hoping that people will realize how cool it is after some time.

If you want to start trading then you have to know the issues first, So you have to know about the market before. Keep track of the market up-down. So you can find out more about this site from Coinmarketcap. And if you can help some experts.

Do a good research and invest in 2 to 3 coins. You are able to earn good money as well. It doesn’t matter if the coin price $0.01 or $10 now.

how to understanding the market itself? i really get difficulty in trading, for 2 years i never can understand what trading is.

I suggest that you may want to pick maximum of 2 cryptocurrencies. In my opinion, your capital is way too low to diversify. Just looked for the charts that dump the lowest or one of the lowest for quite sometime, considering that the project has good and active team. Then, its a perfect time to buy in.

I think you should put all money in 1 coin. You may choose ETC, NEO, OMG, those coin have biggest gain each time market green.

Trading is a very risky thing. You must invest a lot of time in research and the chance of loosing everything is very high. Another thing you must have some experience in trading so that you dont do panic sell or buy. For holding the amount is too low.
My advice is to invest in ico. Do some reseach and find two ICO`s in wich you believe and with thrusty team and invest in them. The proffit will sure come. I regret that i didnt payed attention to this opportunity before. Plus you cand do bountyes for the ico and gain lots of tokens.
Best of luck!

Investing 200 dollars, you can earn more than 1000% per year! Where to invest? half in the ICO, half in the top ten currency rating 8)

i started with the same amount of money about nine months ago. Did not touch ICOs for first six months, because the fliipening time is too long. My strategy was aggressive daytrading. I was looking for a coin that just started to rise and had big volume, went all in, and at 10-15% gain went out. Repeated that for couple of times. With the gains i started to build a hodl portfolio.

NEM has come down. Catapult is out. Now it might be a good time for investing some XEM's.

It is not too much money, I think you should risk that money. Make research, search for the coins which will have at least x2 x3 improvement and trade your money. Also, you can join bounty campaigns to increase your money, since making x2 your money is not a short process; and after you do that the only earning will be another 200$, which may not be worthy considering time.

I would recommend spreading your investments a little and just hold those coins for a long time. No need to day trade since you will probably get burned sooner or later.

1. Low cost high cost - has only to do with the marketcap of a caoin
2. Well with 10$ even if it multiplies by 100 you have 1000$ ..
3. No keep your hands of ICO, if you really like an ICO buy the coins afterwards on an exchange!

if you put it into the beginning when it cost 200 dollars right now it would be $ 2400)

I started trading with 50 dollars. It is better to learn a small amount. The huge advantage of crypto-instruments before other exchanges is the high level of democratization of trade. You can start trading with very small amounts.

if you are going the ICO route I would look into more promising coins such as vector (https://vectorexchange.io). all the big crypto youtubers are saying to invest in this one because of its POS function that will make the price go up. Anything else I would be wary of if it doesn't have the support like vector (https://vectorexchange.io) does

Bitcoin dropped down. Wait till 5000 then you can start with your 200

My suggestion is sent all your fund to exchanger and start to trade. if you invest in ICO you have to wait for at least 1 or 2 month to withdraw your token. Your fund will be frozen. If you are in exchanger you can make profit daily if you are great traders. daily profit is important to grow your money. In ICO you can't make daily profit, Be a trader now.

Also be careful of sites that say that they will invest for you like: Chain Group, BitConnect etc.
Some might be scams / ponzi schemes.

It is not easy,  you must have to skills and knowledge about trading & cryptocurrency,
need many patience and pursuit for trading, remember this,
you can success one time. Just Have to stick,

I think you should do all of them. Because it is really good for you to get experience.
You know it is not easy to get profit now. But when you have your knowledge you will get more and more money in near future. Good luck

Betterto research first the crypto you want to trade , buy cryptos that are low in price which you think will pump in the future and start trading it in exchange when it the price pump. Consider that you must always take a look of the rate .

I would split your $200 by a pre-sale and some trading.
I have four coins: ethereum, Kick, strats and AppCoins.
For the pre-sale I recommend AppCoins (https://appcoins.io), benefiting from pre-sale. With the 200 million users, not difficult to appreciate 10 times in 6 to 12 months.
For buying in exchanges I recommend you OMG. I'll buy some of it for me.

The $ 200 investment is very low. It can be eaten by large dumps. But if you keep and buy potential coins you can increase your investment. Just be careful to be successful In trading. Reading the news and learning Altcoins will also help you. You have to learn a lot in trading In this new trading you start. Especially if you are weak looking at having lost your value of $ 200.

Start trading with 100$ and some coins worth holding for 100$ (Buy coins like NEM,IOTA,Siacoin,XVG.) Have patience while trading and dont rush all you money at once. Start with a few small trades. You will have an idea how things works.

My advise, buy much of low value coin don't put all your fund on high value coins.

My advice is choose the best coin based on their market performance of course there are cheaper coins but make some research if its market cap increase or grows, Ethereum and litecoin are both good also some ICO are performing well you just need patience and perseverance, you are a student and it is good the you know how to handle money properly. Good luck anyway I hope you become a successful trader and a student as well.

I would say take a look at upcoming ICOs to invest in. One that had really caught my eye recently is Propthereum.io. They are an asset backed cryptocurrency on the blockchain and are expecting a 1566% coin appreciation in a short period of time. All proceeds raised from their ICO will be used to purchase A-grade property worldwide generating a rental income and underlying value for the PTC token holder. The great thing about this concept is that the coin will always increase in value!

Do you like gamble? If yes, choose an ICO an invest there. Do not hope or check about that ICO everyday. Wait 6-12 months, then comeback and check that ICO. If they make their project success, you are rich.

It's a good amount to start but don't just jump into trading without having proper knowledge of it

As you operate with a small amount, it is best to invest 50% in bitcoin. He is now undergoing a correction. For the remaining 100 buy 2 coins. For example, waves. omg

I recommend you to start with trading. Since its somehow difficult to point out a really worthy ICO to invest in

I’m getting kinda curious what TO did with his $200

The initial money that you bring at the table to play into crypto really does not matter if you time your calls correctly. But be ready to loose all of your capital if you are not an expert in TA. My suggestion to you would be that you buy and hold any alt that you are interested (or look in waves, 0x or etc) and try doing paper trading before putting in real money.

I think the student can't think of investing in long term
So I can recommend you a few altcoins for short term
Ripple and waves

If you wanna get some alts, don't enter the market through Bitcoin, because the fee you will pay to go to an exchange (4-5$) is too big a percentage of your 200$ bankroll. Enter through ETH, because the fee there will be around 0.13$

Since that amount of money is kinda low, the best option for you would be to invest it into ICO's or projects that are not "published" or official yet. Try to have a look on what projects are being announced and find the one that you believe will be big in the future. If you find it, try to get involved with the community and perhaps help the project out with some bounties (if they are available) this should increase your total stake at the end of an ICO and you might even end up with more than the original invested amount of 200$. ICO's in general offer the best return, which you need if you're gonna invest only 200 bucks, but it's possible and people have performed quite well with even less capital than that.

First of all never ever listen to other trader's advice. Nobody in sane mind will give you an advice on how to get rich or earn for that matter.

Don't take any recommendations, theories etc. but study all the data (learn about bitcoins, other coins, read ann threads about those coins, look at price spikes, when they occurred and what happened on forums at the time, search for correlations and useful patterns), but don't ever take other people advice as a basis for your decisions.

Now if you really want to learn how to trade - consider those money you have as lost, spent on your education. Think of your 200$ as of 20 000$ (pretend that each cent is 1$) and start trading with those cents. Keep paper near you, take notes. If you feel too upset when you lose money - this is not for you.

With $ 200 worth of learning experience on the Crypto market. Do not expect too much at the beginning, remember the experience you received, that is also successful. I also know many successful people with very little capital but few people.

As the user has mentioned, don't expect big profits. Just focus on making a small earning. For this all that need to be done is continued observation of few coins. When you find those particular coin to be fluctuating quiet often, then do continued buying and selling to earn little by little.

You can start out with any amount of money really.
But you should have a realistic sense of economics if you are starting with $200.
You will not be able to get a lot of returns since your investment is small, even if you choose a coin that shoots to the MOON!!!

I would put $100 in bitcoin then the whole $100 in a top altcoin.
The ones to avoid are: ripple, iota, bitcion cash, and dash.
Ripple and iota are actually software tokens and don't have much actual use, their software is good, but the tokens themselves won't grow much because
the price of the tokens are attached to the value of hte company and they are already incredibly overvalued.
For bitcoin cash and dash they are just surrounded by drama so as a newbie it is best to avoid them.

some popular ones to consider are:
omg
ark
monero

Good luck and don't get emotional!

Trading Cryptocurrencies involve thorough research. You shouldn't just invest your hard earned money based on a coin value. I would recommend learning both Technical and Fundamental Analysis. Only trade popular & less volatile Coins just to be on the safe side. But If you are ok with risk, I'd recommend picking high volume coins that had depreciated alot in value. You could aswell trade coin suggested by GOOD traders on Twitter, YouTube, Telegram. Here are some of my recommendations:
* Youtube:
https://m.youtube.com/channel/UCa81HAp1se359Sr5qEMMP7A

* Telegram:
https://t.me/free_crypto_signals

* Twitter :
- https://mobile.twitter.com/HighAltitudeInv
- https://mobile.twitter.com/nodeinvestor?lang=en

Warning: Always make sure you further research their suggested coins before trading them. Speculators are humans too. They make mistakes all the time.

Putting your 200 into Bitcoins right now wouldn’t be a bad idea I think you’ll make a nice little profit after the new bull run

This is a great advise, this will save him a lot of %!

1 piece of advise from me: BUY LOW, sell high. Don't fear that your missing out on a coin that's going +20% or +30% or more. Too late for that, go on to the next one.

Just remember that crytocurrency still consider as risky investation so you may be loss for doing investation
Personally I will invest on fresh ICO that have great vision and mission based on community feedback.
Just follow them to see the updated progress about your ICO project and good luck !

It's better to diverse your investments: 1/3  - in reliable altcoin (like Ethereum, Litecoin or Dash), 1/3 - in cheap perspective coin (NEM, Ripple, BAT, SONM or smth like that). The rest you can invest in ICO (but it's risky - check it carefully) or buy one more interesting altcoin from top-20.

I think you should cheat this money likes an shool fee. It is hard to succeed at the first time but you can learn many thing from the fail. You can spend 50% for daily trading with altcoins (remember cheap coins not expensive coin) and spend the rest of money for ICO projects. With strategy, you can learn trading skills, emotion controller and project researching.

 It not the bad sum is, the main thing you don't hurry to buy coins, read at first branches, consult, and only then buy, now there are a lot of swindlers who will begin to entice you therefore study well everything, I came  $300 too, have bought for that time of Stratis and Centra, these coins to me have already brought +

You have a good capital to begin with your trading. $200 is so much money in the table. But I suggest you learn and study trading more because their is a risk involved in here. Just prefer for the worst.

ETH, Monero, Litecoin or even ETC if you are going to ask me.

At least $20 to begin and see where will it take you.

Really hard to put money on ICO's now. If you really want to then I advise you to study the ICO, look for the team behind, read WP and roadmaps. Right now, there are a lot of scams ICO. Its really hard to distinguished which one is not. That's why common sense and look at the ICO from behind not their face value.

Goodluck to you and your journey in trading. And remember that there will be time that you will suffer a lost. Just don't give up and continue with it.

Hi, If you want to start trading then that's great news. Like with any other skill this one requires practice and lottsa patience.

If i had $200 to start trading with, I would buy myself some ETH or BTC and move it to an exchange like Bittrex. Of course you know that you need to sign  up in an exchange, get verified etc.. Once the ETH/BTC is in the exchange wallet you are ready. I would look for something that has had a long bull run something that is seeing its all time low or a long time low, then i would read about the coin by visiting its website etc. If I feel it is not a runaway company and ....... I would invest a fraction of my ETC/BTC in it and then picka few more. Its a good idea to keep some currency free, just in case the price drops further you can pick some more to average out .. or as you see fit..

There are several options, either to trade on small races and to raise your money for a very long time, or to study the market and take one or two good coins and double or triple your money. Also, a good option involved in some sort of ICO, but you need to study the project well.

Thank you all for the great help!  I am trying to figure out which exchange to use.  Coinbase seems good, but it looks like it will take $10 or more if I transfer it from a bank account.  With Kraken and Bittrex, I would need to buy Ethereum elsewhere and then transfer it. 

What is the best way to buy altcoins from a bank account or credit card (preferably with minimal fees)?

Probably, $200 is a really good sum of money to try several altcoins. You must not risk with big money — as a newbie you can make some mistakes in the beginning of dealing with crypto. Follow the news about this market, and check the coins rates here https://coinmarketcap.com/
Good luck!!!!!

My suggestion is sent all your fund to the exchange and start to trade. if you invest in ICO you have to wait for at least 1 or 2 month to withdraw your token. Your fund will be frozen. If you are in exchanger you can make profit daily if you are great traders. daily profit is important to grow your money. In ICO you can't make daily profit, Be a trader now.

It depends on how you handle the risk. if you're willing to trade altcoin then top 10 has a future coin that will eliminate or support the bitcoin legacy. this coins has developed more than any other coins or look for fundamentals that has great project you should spot a trading for a high volume coin.

With regards to buying the token with fiat, start by depositing to GDAX (it is a platform connected to Coinbase, but with much lesser fees).

Once you buy ETH there, open an account on Bittrex or Binance (preferably both).

With regards to which coins to buy, it strongly depends on how risk averse you are as an investor. A mid risk (in crypto terms) would probably be holding 40% in BTC/ETH combo, 30% in well established coins that still have potential to grow (e.g. NEO, OMG) and the rest of 30% in lesser known alts with small cap and huge potential, but also huge risk.

If you are more of a risky kind of guy, you can create a portfolio of 2-3 alt coins you did a research on, this might bring you much more money faster, but you are also eligible to loose most of your investment really quick.

Firstly, there is no guarantee that you will break even let alone make profit. You might also lose all your money. Trading is totally unpredictable endeavour. Having said this you may have to read get yourself acquainted with fundamentals.

Cryptocurrency trading can be extremely profitable if you know what you are doing, but it can also lead to disaster. Even though most traders decide to either go with fiat or bitcoin, other cryptocurrencies can represent viable income sources, as long you as you tread carefully and understand what you are doing.

The first thing you will need is a safe and secure platform to trade your cryptocurrencies.  When you chose one, there is always a process of signing up, well that is easy. Once you’ve signed up, you will need to transfer funds into the exchange.After agreeing, select the currency you are interested in trading and click “Deposit/Withdraw.” In some exchanges, it is also possible to deposit via bank wire. Now all you need to do is find your desired market, in which you will trade a certain amount for another cryptocurrency. Before placing an order, make sure you properly analyze the market, and agree with the current best price. If there are enough available tokens at your eligible price, your order will be immediately taken care of. If not, your order will be waiting for someone to trade at your desired price.

I would look at a variety of different options and see if you like any in the first place. Then I’d figure out which ones seem most sound by their white paper, the description of their business and strategy. I’d from there narrow down to maybe 2 or 3 and make my move. You could do an ICO during its Pre-ICO stage so then you’d gain more free shares, then you could do something different like see if there’s a specific ICO which has a unique program. I’d try 2 or 3 different things, but read up on it and ask people and get into telegram chats.

$200 or $2000, You must always prefer to keep atleast 30% in BTC because no one knows the future of altcoins. This may looks good now but eventually 90% of the alts fail. For your instance check the top 10 alts from 2015 and compare it to today's coins. You will find some huge difference! Lol

Research about the coins or tokens you like and find out which exchanges they are on.  You can get all this information on coinmarketcap.com and click on the "markets" tab in the cryptocurrency you like.  You'll need to convert your $200 to bitcoin and you can do that on coinbase, gemini and many others.  Then send it to the exchange and buy the coin of your choice.  With $200 of btc, you should just pick one or two coins max. 

If you are a newcomer. You can choose small coins with huge volume. It can help you earn money

I would suggest investing in pre-ico when token price at its lowest so in the end of ICO you can at least double your money. Just choose ICO wisely

actually in trading you should find your own way, but I will give my opinion a little, with $ 200 you should try to buy coin that has low cost and hold it in the long term.

There are a lot of strategy in trading cryptocurrencies, the most common strategy is what we called "Buy low, Sell high" I think you already knew that. So you're wondering what coin you should buy? you can check the first 10 or 15 coins here in https://coinmarketcap.com/ and study every coin well and try to invest in it.

If you're looking for detailed strategy i can give you a link. I've read this blog last month ago and i think this is a big help it includes detailed strategy, entry points and exit points etc.
Here's the link: https://www.deepdotweb.com/2017/04/30/tutorial-altcoin-flipping-cryptocurrency-trading-strategies-always-win/

In my opinion it's great to invest in ICO that you truly researched upon. Because they can go x20 or even higher depending on the market. ICOs is high risk high rewards kind of thing so I warn you not to trust some shady ICOs.

Trading without knowledge is very dangerous as your one wrong trade can wipe-out all your money and you will be empty handed. If you study this forum properly, you will get vast knowledge of trading and also everything about crypto currencies. If you start trading after brief study then you do trade as per rules and then there are low changes of a wrong decision.

I believe that it is better to invest with such capital in a high-risk project (for example, WAX, which in my opinion is strongly underestimated, this is my opinion, there are many such projects). And start earning the Crypto currency in other ways - bounty, airdrop.

Trading is not a good idea with small amount of $200 because with a small amount you can not buy high price coins and you have only option to buy low price coins. which have high volatility and big risk in value in those coins.

Of course, I can. there are even people who start trading below that amount. well, I've also done trading with less amount of it to try and try. with the amount of $ 200, I think you can make a pretty good profit. you can start by sending the money you have to a trusted exchanger.

you can think ZERO.. probably it will be follow zcl way.. you can try..

Actually it's only small amount for crypto trading, don't forget coin transfer fee, exchange trading fee, so you only can choose 1 or 2 coin to invest, choose below $0.1 Cryptocurrencies ,  Anyway, top up more investment fund if you can

If you are a beginner, trading might be a difficult task.
You might need a little more for ICOs may be.  Your best option is to buy individual coins.  Right now Cardano, Achain, Quantstamp, Verge are cheap and have very good potential.
Or you look into Crypto Funds like Bitwise or Crypto 20.  Take a look at Coincube where you can invest little at at time, which is connected to your account on Binance with automatic balancing, but remember Index funds are for long term investing.

Firstly you have to gain some knowledge by study this forum properly. You will required to know about trading and also everything about crypto currencies. If you  will start trading after brief study then there will be low chances of a wrong decision, because without adequate information trading may be wipe out your all money.

I would advise you to start small. without experience and certain knowledge, you can make mistakes!
I support all of the above. Do not rush! little by little everything will turn out!

I think before trading you should study the history of coins in which you are interested,study their charts,see market cap.With this amount you should make investment in those coins whose value is below $1 like XRP,ADA,IOTA and also observe other coins with small value get handsome amount of these coins,make short term investment because these coins are good for short term investment,reinvest your profit into BTC,ETH and hold your investment for long run.Make effective investment strategies,so that with less amount you get high return.

If you do not have experience in trading, you can invest in reliable coins and keep them. It seems to me that this strategy is most acceptable for beginners.

Of course, it's better to work in companies and earn a variety of coins. One can not be sure about 100 percent of which coin will fly up tomorrow and fall.

Of course it would be better to buy bitcoins two years ago for a couple of thousand dollars, but it's not too late to start investing in crypto currency

I think it is better to divide your money and invest in some altcoins and wait for the pump. But if you want more profit, then invest in ICO.

200$ is a small amount to start trading with I will recommend you to invest some more before start trading or if you have this small amount I will recommend you to buy a coin with low prices like ADA, MANA or RDD coin because they are still very much undervalued and they have a scope to grow big in future.

Trading is like investing, you have to be ready to take the risk of what might happen if you trade it in a wrong way but experience is always the key to success. You have to be careful at first because spending money and not being sure if you will earn something is really hard therefore before you decide on trading you have to do further research specially to the people that already have better experience when it comes to trading crypto.

what is the best amount to start with in order to make decent profit on trading? is there a particular amount or does it depend on me or my skills?

With $200 you need to start out trading with more coin on exchange!
But you need more to get daily profit!
You only to try trading

When I had $ 200, I did not buy expensive coins.  I bought 4 cheap coins.  At that time it was strat, edg, waves, bella.  And a month later they gave good growth.  Then I bought another 4 coins for profit.  And so I expanded my portfolio.  Each person can have his own strategy.  The main rule, if you want to increase your capital - not deduce profit on your expenses for the first 6 months.  And all the profit that you will get  - to invest further.  And it is desirable every month to add at least a small amount of investment.  Then you can achieve a significant increase in profits through 6-12 months.

Hello my dear friend, I think you play the lottery, that would be good to earn, you should make an investment portfolio, so that the risks were minimal, and investing money at least in a cheap coin you can not earn much, but you can lose everything.

$200 is a very good amount to start trading but it only depends how you were spending your money and where you were spending i prefer alt-coin its has a very good potential

First, study the market and understand which coins both in price and in future growth will be promising for you, many people can knock you out of the way by giving the wrong advice. And do not invest for a short time, then you will lose more than get.

If you need to trade first you have to learn about the facts before invest. Now you can invest your 200$ with bitcoins.I'm trying to say is to do research after that to verify the information given and to know more about it.

If you are a student, it probably is not too long. Long term investments are best, but I do not know whether this is among your goals

to test every exam at school you have to learn it first.
this applies also to crypto trading, before you actually make a trade. at least you have to understand in advance the way and the basic pattern so you can do a lot to do.

trading with $200 worth os Crypto Assets and make it grow x10 or x100 in a month or a quarter is very hard to achieve. I mean, trading isn't about Crypto Assets you have but Crypto Trading is all about patience and waiting for them to grow and then you could decide whether to hold more time or pull them out and turn them into money.
$200 worth for trading Crypto isn't enough and you couldn't see massive earnings with that low capital.

Almost all members today in this forum are after on earning Cryptocurrencies and not concerned on educating themselves into blockchain technology.
There are big differences in this two that which leads into better understanding the blockchain and get high profits and earning Cryptocurrency but only get handful amount of returns.
I would suggest, study the whole system and the market while joining signature and other bounty campaigns and soon you'll get more crypto assets that is worth more than what you have.

With 200 bucks like some of us it is like gamling. Not with BTC or ETH, those are too big and not enough profitable. If BTC goes up even 5 times, you will only have 1000 bucks, will that help you much? Maybe for a vacation. I would also go with 20 bucks per coin and wait for gamble to unravel. There are some coins still veeeery cheap, maybe you can get hundreds of them and if they grow to a buck, you will make a lot from 20. If not, you only lost what you could spare, you tried. Unfortunately gianst already got most pieces of BTC pie, for the rest, the crumbs don't help much.

For investment this amount is too small, I would advise you with such a sum not to pay attention to the purchase of cryptocurrency but to understand and do bounty programs, they will give you at the initial stage a much greater impact in development than an investment of $ 200. But in any case, you can buy bitcoin, at least not much of it.

Your strategy depends on what you earn. In gambling even if your money is only $ $ you can do it thousands if you're good at strategy. Of course you need patience and knowledge. Likewise in trading. Find out what you buy and wait for it to rise, That way you will earn a million or more.

If you dont have a knowlodge in trading i suggest you should invest on promising ico but be careful and choose those legit project and backed by community

Trading with $200 is a complete waste of time and opportunities. Try it with at least $2000.

Well the good news is you are now open to investing, even better is you have chosen the fastest platform to grow your money. I just commend you for being brave and willing to take a risk. My advice based on my experience is you can minimize the risk if you will diversify. Yes, I get that there a lot of stable coins out there but they're too costly to gain such profit. But at least these coins are stable enough and you can research about their trends. I would suggest you look at the new coins being traded but be cautious coz you might end up having some in your bags for the long time.

With a small amount of capital, we can not have a high profit immediately, if luck is invested in you are only double the original capital but it is not big to become a productive person. money, or choose places with good development grounds for investment such as Ethereum, etc. because of these coins have a rock-solid foundation

Trading $200 is okay, because many are applying this kind of scenario but you need to always consider the risk of this kind of trading because in some ways trading can also be the one to let your profit low so you also need to consider the situation of that trading.

Adequate knowledge and research is the key to multiplying your investment in trading
Do not be in a hurry to earn,Trading is quite risky, ensure you acquire knowledge on what it entails and have an option of investing into ICO,your $200 can be 10x with ICO unlike trading that you can loss all in a transaction.

I know that pain when I started. Yeah its very hard to invest with $200 under all those fees. I think it is best to invest some very bright coin from 200-400 list, then wait for that specific coin to shine...

I doubted myself that I can grow my first investment to trading but charge to experience. My very first trade ended satisfying although I lost some bucks but I've learned on it immediately.
Good idea. Before I don't have choice but to push myself to get in with trading because I don't have any other choice or alternative.

You have to set up your future plan. Your aim is the most sensitive matter for this system. You have to know all thing thing perfectly for investing into a coin because if you don't know how to trading then you can not able to get any type of benefit and it will be very narrow for you. there are many altcoins which coin price is not so high and you have to select them which price is less but reputation is very good.

You can get much profit from these coin and have to hold these money for big investment. If you can invest your money into bitcoin with your money of profit then you can see that your future will great. Start with a small investment and keep it up. One day you will have the ability to invest a big amount if you can do all the work perfectly.

I think that with a sum of 200USD it will be more interesting to trade on altcoins from one side and Bitcoin or Ethereum on the other side of a pair. I would do it in a such way. And of course don’t put all the money for one trading pair.

Just pick up one ICO with 0.2-3 ETH minimal individual cap and invest in, then sell tokens at the right timing...that may challenging(it's rare to see such ind caps), but you may strongly increase your 200$

Many people recommend starting with smaller altcoins that are usually more volatile.

So, what's the recommended amount to start hodling? Would $200 be enough?

With $ 200, I think that you will be trading for a very long time, if you do not lose your deposit, because I believe that now the market has a lateral movement and as a rule traders do not work in the sideways movement of the market, they just go on vacation.

Depends, its up to you and if you are willing to risk a bigger amount. Better go in safer trades with bigger amounts to try to grow your portfolio faster.

I think if you want to start trading, for the first choic is ETH,
ETH's price is very stable and keep growing these days,
So, if you wanna do long term investment, $200 is very worth to invest on ETH

I think that $200 is a good amount to start trading. This amount is not so pity to lose, but it can bring you profit. A novice should not begin to trade in large amounts, because without experience he will lose any amount.

And I am almost sure that 200 dollars is a good sum of money for a newbie. before risking with bigger sums, it is better to understand the rules of the cryptomarket. Just invest in cheap but stable coins like Cardano.

I think the best option for you is to invest in a few not very expensive but promising ICOs.