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Author Topic: Noob trader. Need help  (Read 495 times)
HDAMMO
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November 18, 2017, 09:23:29 PM
 #21

I suggest you to check youtube videos, see the channel of DataDash
Bagaji
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November 18, 2017, 09:30:29 PM
 #22

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Op, I will advise you to invest your  $100 into Bitcoin since you are afraid of losing your capital but it may not bring out huge return on investment since the amount is too small and with a short period of time. But you can invest in Bitcoin for long time period for you to maximize huge profit on your investment.
Ethan_Locke
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November 18, 2017, 09:36:04 PM
 #23

I would say to begin with put you $100 in BTC and hold it on an exchange, do some research on basic trade patterns and ensure that you have a tab set up for upcoming news releases within the cryptocurrency area. To begin with, instead of placing long/short trades simply just buy into a currency that looks reliable, has good volume and has ideally recently released a positive bit of press. This will minimise your risk and can most certainly lead to good returns. 

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batang_bitcoin
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November 18, 2017, 09:52:31 PM
 #24

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Go for bitcoin, the phasing of increase and decrease is very quick. Since you avail to lose that amount, when there's a 1.xx% - 5% decrease of bitcoin that will be an indication of getting in. And wait for several hours and you'll be good to go and use that $100 for buying your few mbtc's. The fees on bitcoin now are just ranging from 0.0001 BTC and if you'll use blockchain.info customize fee, the lowest is 15 sats/b but I don't advise to pay that low, it will take a lot of time before it gets confirmed.
MickeyT2008
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November 18, 2017, 10:11:24 PM
 #25

I dont know what would i do in your place, but neo is one of the most profitable altcoins that you can buy at the moment.
But honestly, 100 dolars is not a high amount of money and you can not even do anything with that.
If an altcoin goes up by more than $5 each, you will be earning pennies if you have some of that one. So better to hold that money on bitcoin until you have a good balance and then start trading with a nice balance.
Otherwise you will only lose your time in order to earn $1 a day..

This account has recently been hacked and taken over, I haven't posted anything for about two years.  Whoever has been using it and pretending to be me is a scammer.
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November 18, 2017, 10:44:27 PM
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Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
Well, it is best if you try to join in some groups of signals. In there you can get some signals regarding on what good altcoin to buy. For easy profit. In two to three days you can double or triple your 100 USD.

if you are willing to lose it all, trading is not the right place to get a quick profit, but you can try to switch to gambling .. because there are two possibilities that you can .. you get a big profit or you lose it all .. one of the keys is, you should not get carried away emotionally
If you do try to read up on what op's asking then i would say he wont really go for gambling since he do mention about trading and suggesting him to play gambling isnt really good at all.I would rather choose up on losing all of my money on trading but i do make some learnings on it and would benefit me for longer runs compared on gambling itself. For $100 capital it would be hard on doing shorting because fees will kill you for sure and its better to invest or buy those amounts on altcoin.
I assume then that $100 is just an example so i think OP has a greater savings to invest either bitcoin or altcoin. Bitcoin is on the top now so it would be a great opportunity and might earn a good profit if you had a lot of experience on trading but if this is just your first try. You can consider it as a payment for your learning so that next time you will be able to learn more and the pays if going to be less but if you are lucky enough to hit and earn any profit from trading, it might be a good sign that you are a fast learner.

3996
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November 18, 2017, 10:50:11 PM
 #27

Yes. if you have such a small amount. Just buy BTC and hold as long as you could. Because it seems 100 is such a small amount whcih I assume you could afford to lose Smiley
TomUyamot
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November 18, 2017, 11:28:00 PM
 #28

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Do not mind the fees. Whether you like it or not, you will always be paying those. There is no way you can avoid transaction fees. Plus, they are not really a big deal. What you need to do is to learn to choose the right coin and enter at the right time and then exit at the right time again. I think you need to watch their past movements and patterns and check for updates and news and you may start with that. You can choose the stable and the unstable ones for as long as you have some brilliant bases as to when to enter and exit.
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November 18, 2017, 11:37:16 PM
 #29

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Stable coins are bitcoin and ethereum, it is the most recommended coin for trading of a beginner like you. Stay away from shit coins if you dont want a headache Smiley Even if you don't get too much profit because their value is already at high stage, still i'm confident that my trading is safe with bitcoin and ethereum.

I second staying away from altcoins when you are a complete beginner in trading. The worst thing you can do is buy a bunch of an altcoin without doing proper research. At least with Bitcoin and Ethereum people know they are legit and backed by big corporations.



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josealerav
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November 18, 2017, 11:39:18 PM
 #30

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
100$ isn't that much to give you a good profit. I think you should invest in some new ICO project because you can afford to lose it.
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November 19, 2017, 05:14:56 AM
 #31

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?
100$ isn't that much to give you a good profit. I think you should invest in some new ICO project because you can afford to lose it.
There are tons of altcoins. Almost all of them are shit ICO and it's almost impossible to know which is legit ICO. i don't agree he should investing his money while he is still a beginner on here. Just invest in some popular coin (bitcoin & ETH) for best
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November 19, 2017, 06:28:06 AM
 #32

Its better to invest your $100 on BTC because in what I see bitcoin will keep pumping every year.

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