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Author Topic: how to start trading with a very small amount  (Read 161317 times)
stromma44
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October 19, 2016, 01:40:27 PM
 #601

that is a good point of bitcoin that can do trading even with a small amount of bitcoin, if you invest your bitcoin in alt coin you can trade a good amount of alt coin with little investment

The problem with a lot people here is that they take too much risks with low initial amounts. And that's mostly the case when they look into altcoins. They see that certain altcoins explode in value, and as reaction they will start expecting such returns for their investment too. This is a dangerous way of thinking/trading. Never expect too much as it will only result in a disappointment.
people always be greedy when talking about doubling their money ,
they want a high profit but with low amount and don't want to take a risk too much ,
this things only can happened in your dream ,
real world are so hard to face , you need to have a large capital to maximize your potential profit in trading or you may will get nothing with that small amount.
That's right, be realistic when it comes to trading, if you want a bigger income then it is just right to start with a bigger capital although we can start trading with a small amount of money, with small amount of money that is only good if you are just starting and still in the learning process.

If you are new to trading industry then its always good to start with a small capital to minimize the risks and after spending enough time you can go with higher capital.
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October 20, 2016, 01:56:52 PM
 #602

Join a site like Poloniex that has a low minimum trade (about 10,000 satoshi). Then use some faucets to get your starting money. Then experiment, only risking 10,000 satoshi at a time (it's like risking 1 cent). Once after you are confident that you know what you are doing, should you trade with larger amounts. It's no big deal if a trade goes wrong and you lose the equivalent of 1 cent - but it hurts if it is several hundred dollars. So make your mistakes with small amounts.
This is certainly a plus one advice! There is surely going to be other trading opportunities and the market is here to stay, so the best bet is to become properly equipped for handling the market and there can be no other way than learning and testing the waters with little amounts until one's able to find one's way in handling the ever present market uncertainties.
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October 20, 2016, 02:02:27 PM
 #603

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.

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October 20, 2016, 02:08:00 PM
 #604

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Knowledge is not important unless you have applied it practically.Applying it in this context,simply knowing when bitcoin rises and what to do when that happens is not as important as making the right trade with profitable margins at that exact moment.Each and every second counts.A smart trader would play with a few satoshis real time than reading pages.
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October 20, 2016, 02:21:09 PM
 #605

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
accuracy and also choosing the right time can make us benefit. plus a luck factor. it will cause you to make a profit. take a look at how a coin moves, ascent and decline. you have to take the momentum that existed at the time.
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October 20, 2016, 03:35:46 PM
 #606

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
accuracy and also choosing the right time can make us benefit. plus a luck factor. it will cause you to make a profit. take a look at how a coin moves, ascent and decline. you have to take the momentum that existed at the time.

Taking right action at the right time is very important when you are playing with altcoins as you cannot afford to miss the dumps and pumps and if you miss then it won't be profitable for you.
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October 21, 2016, 07:33:42 AM
 #607

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
That's right, the main issue is how knowledgeable a trader is and not whether the trader is trading with small or big amount, because either way, a skillful trader can always make some profit. However a trader is better-off trading with a big amount because that creates an enabling environment for him/her to survive lots of surprises the market often throws and that is besides the fact, that with a knowledgeable and skillful trader, more profit can readily be made and in lesser time, thus avoiding over trading.
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October 21, 2016, 07:37:51 AM
 #608

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Actually, it is true that large or small amount of free trade, but to start trading may be better to try a small amount. It was done with the purpose for trade requires learning so at the earliest time when the small amount if it fails we have nothing to lose in large numbers. To understand the trade does require a good learning. Once we got used to trade for sure we will have a strategy to profit in trading.
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October 21, 2016, 08:20:15 AM
 #609

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Actually, it is true that large or small amount of free trade, but to start trading may be better to try a small amount. It was done with the purpose for trade requires learning so at the earliest time when the small amount if it fails we have nothing to lose in large numbers. To understand the trade does require a good learning. Once we got used to trade for sure we will have a strategy to profit in trading.
You can learn trading easily but you cannot master it overnight, the key to make money in trading is not by just learning how to do it but with proper usage of our experience and our ability to adjust every time we have mistakes in trading.

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BitcoinPC
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October 21, 2016, 08:30:00 AM
 #610

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Actually, it is true that large or small amount of free trade, but to start trading may be better to try a small amount. It was done with the purpose for trade requires learning so at the earliest time when the small amount if it fails we have nothing to lose in large numbers. To understand the trade does require a good learning. Once we got used to trade for sure we will have a strategy to profit in trading.
You can learn trading easily but you cannot master it overnight, the key to make money in trading is not by just learning how to do it but with proper usage of our experience and our ability to adjust every time we have mistakes in trading.

Many time our experience and skills don't work when we miss the right moment to make profit, i am doing trading since last year, and now i can say that i have a experience of trading, but in that way, many time i get lose, whenever i thought may be the coins price would be increased and many time i was wrong, So i can use the word of luck, if you have good luck than definitely no problem in your earning money from trading.   
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October 21, 2016, 09:56:41 AM
 #611

Invest your Btc in a Altcoin. If you want to earn quickly, invest in a new Altcoin, but you have chance of loosing your total investment also if you do so.Its highly volatile.Better invest in a Altcoin which has good reputation.
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October 21, 2016, 10:03:15 AM
 #612

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Actually, it is true that large or small amount of free trade, but to start trading may be better to try a small amount. It was done with the purpose for trade requires learning so at the earliest time when the small amount if it fails we have nothing to lose in large numbers. To understand the trade does require a good learning. Once we got used to trade for sure we will have a strategy to profit in trading.
You can learn trading easily but you cannot master it overnight, the key to make money in trading is not by just learning how to do it but with proper usage of our experience and our ability to adjust every time we have mistakes in trading.

Many time our experience and skills don't work when we miss the right moment to make profit, i am doing trading since last year, and now i can say that i have a experience of trading, but in that way, many time i get lose, whenever i thought may be the coins price would be increased and many time i was wrong, So i can use the word of luck, if you have good luck than definitely no problem in your earning money from trading.   

Luck and patience are two important factors to make profits in trading and if you lack anyone of them then it can suffer you big loss and its impossible to take right decision every time.
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October 21, 2016, 10:03:58 AM
 #613

Invest your Btc in a Altcoin. If you want to earn quickly, invest in a new Altcoin, but you have chance of loosing your total investment also if you do so.Its highly volatile.Better invest in a Altcoin which has good reputation.
always trace and research first before you invest your money even you only have small capital be observant try to read more about the coin that you will going to support buy low sell high if the coin is a moving coin and look for the volume.
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October 21, 2016, 10:23:45 AM
 #614

Yeah and many of us thinks that making profits in trading is very easy but the reality is totally different and if you are new to trading then its always good to start with a small capital to minimize risks.
well that's why experted traders always reccommend to start with low amount or even learn about trading fully in some specific site to avoid the lack of knowledge when starting to be a traders,that's such a useful advise while the others only forcing people to do trading even without knowledge

And if possible, you should start on practice trading. Just like on forex platforms, there are practice trading accounts that let you practice your techniques and strategies using demo account against live values. Bitcoin trading is just like that, so maybe you can practice there. But if not, you can always start small because in some sites 100K sats is enough to start trading.
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October 21, 2016, 11:20:45 AM
 #615

Yeah and many of us thinks that making profits in trading is very easy but the reality is totally different and if you are new to trading then its always good to start with a small capital to minimize risks.
well that's why experted traders always reccommend to start with low amount or even learn about trading fully in some specific site to avoid the lack of knowledge when starting to be a traders,that's such a useful advise while the others only forcing people to do trading even without knowledge

And if possible, you should start on practice trading. Just like on forex platforms, there are practice trading accounts that let you practice your techniques and strategies using demo account against live values. Bitcoin trading is just like that, so maybe you can practice there. But if not, you can always start small because in some sites 100K sats is enough to start trading.
It's better here cause you can start with a little amount to trade, at least when you start you are using real money and that adds a little thrill on your practice in trading, it is just important that you need to know the right timing, and you can tell that since you are the one controlling your self.
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October 21, 2016, 11:26:40 AM
 #616

Invest your Btc in a Altcoin. If you want to earn quickly, invest in a new Altcoin, but you have chance of loosing your total investment also if you do so.Its highly volatile.Better invest in a Altcoin which has good reputation.
always trace and research first before you invest your money even you only have small capital be observant try to read more about the coin that you will going to support buy low sell high if the coin is a moving coin and look for the volume.


Yes  if you are investing in altcoins then its better to look at its volume as those are the coins whom we can trusts they will not die easily and have potential to give us good profits in future.
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October 21, 2016, 05:15:42 PM
 #617

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Apart from knowledge, there is a word PATIENCE and I believe at least this is a must if you are a trader or want to become one. I myself when was new in trading used to get worried when the price of any coins I bought got less and then the panic resulted in selling those coins, later I usedto regret since they slowly climbed the ladder and got back to normal price.

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stromma44
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October 21, 2016, 05:46:36 PM
 #618

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Apart from knowledge, there is a word PATIENCE and I believe at least this is a must if you are a trader or want to become one. I myself when was new in trading used to get worried when the price of any coins I bought got less and then the panic resulted in selling those coins, later I usedto regret since they slowly climbed the ladder and got back to normal price.

Yup patience is the key to make profits in trading and if you lack patience then you are surely putting your money at wrong place which will bring only loss for you and nothing else.
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October 21, 2016, 06:38:12 PM
 #619

Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Apart from knowledge, there is a word PATIENCE and I believe at least this is a must if you are a trader or want to become one. I myself when was new in trading used to get worried when the price of any coins I bought got less and then the panic resulted in selling those coins, later I usedto regret since they slowly climbed the ladder and got back to normal price.

Yup patience is the key to make profits in trading and if you lack patience then you are surely putting your money at wrong place which will bring only loss for you and nothing else.

You are right but I think that you can better first start to grow your bitcoin a bit and than later on start trading, I would never trade with low amounts because its simply not profitable at all.
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October 21, 2016, 06:44:29 PM
 #620

With really small amount i think its really difficult to do day trading of bitcoins in the exchanges but altcoins trading is possible with small amount of bitcoins as well specially in exchanges like yobit where you can buy altcoins which worth only few satoshies.
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