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Author Topic: how to start trading with a very small amount  (Read 161265 times)
serjent05
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October 29, 2016, 03:34:09 PM
 #661

as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me

Try it first with a million satoshis. That is not that big so if you lose it wont hurt much or you could save your coins if you feel like it is dropping. First thing is get to know some alts. Read some facts at the altcoin threads and see if this coins are worth it to put some investment.
Make a research on which website have a good trust rating when it comes to trading "beware of cheap websites".
No matter how much research you perform in regards to finding the right/most profitable altcoins, it won't do much.

Mainly because of the fact that scammers and operators of pump & dump coins invest time and money into making everything look as legit as possible. Especially at the early stage.

At the end of the day you either need to be close to the operators of these coins, or you must be lucky enough in order to get in on time where you make decent profits.


I think research is not applicable to this kind of coins you are talking.  And yes because these coins does not last to be able to leave its print everywhere in google.  Meaning this coins are short live (lol of course this coins are scam coins.)  Anyway research function well in more legit and long running altcoins.  If you will ask me, I will suggest this kind of coin to those newcomer because they can learn how to trade with this kind of coins.   Then when they are knowledgeable, they can learn how to ride with pumps and dumps and exit with huge profit.

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October 30, 2016, 06:14:36 AM
 #662


Most of us fails at the start so it is just advisable to use a small amount to try our capability to earn, and as serious trader we have to treat this one as a business and we have to tract our performance to determine if we are improving or not.
i do agree with this,small amount only be useful if you are learning but not so useful if you're getting serious on this business,you need big amount of money and not only joke 0.001 bitcoin to go for trading,although managing big money is different with managing small money in trading world

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October 30, 2016, 07:14:39 AM
 #663

I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.

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goldcoinminer
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October 30, 2016, 07:31:38 AM
 #664

I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.
That experience is a big thing and that will make you mature as a trader, you can start with small amount and if you will lose you will can still continue and what is more important is that you are getting the right lessons that would improve your skills as a trader.

For us to be a successful trader, we need to take it slowly and the slow we grow it will be beneficial for us as our foundation in trading that would make us wiser.
whizter
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October 30, 2016, 07:44:42 AM
 #665


Most of us fails at the start so it is just advisable to use a small amount to try our capability to earn, and as serious trader we have to treat this one as a business and we have to tract our performance to determine if we are improving or not.
i do agree with this,small amount only be useful if you are learning but not so useful if you're getting serious on this business,you need big amount of money and not only joke 0.001 bitcoin to go for trading,although managing big money is different with managing small money in trading world
it is the beauty of bitcoin that you can make good profit with a very very little investment, if you invest your small amount in alt coin and buy some cheap prices coins but having good potential then  you can really make good money from that.

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November 02, 2016, 04:06:58 PM
 #666

as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
Yeah if you have a small amount of bitcoin and you want to put in trading you must buy a very low coin that have a potential and not dead coin.And you must research if it have a potential to grow on market.
The first thing your must actually buy before the coins, is knowledge and experience on how trading is done. That would cost you time and money, but these cost should be nothing to worry about, because they usually come return and this time with children and grand children. So first thing first, the market is not about to come to an end today and there will always be other profitable opportunities.
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November 04, 2016, 04:48:35 AM
 #667

as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
As You Said Above that You are a Newbie So I Want to Suggest You to Before Starting Trading Learn About Trading and Gain All the Knowledge Necessary For Doing Trading and Then Start Trading With a Small Amount First and Do Practice with Small Trades and After Getting Much Experience Then You can Start Trading with a Big amount......

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November 04, 2016, 06:53:31 AM
 #668

with a very small amount at least 0.001-0.005 you can start trading but consider it as a practice for you to improve your analytics and understand the movements inside trading and do some research and you need to analyze the every altcoin especially the coin you wanted to buy you need to learn and understand those candlesticks as well because most of time traders are focusing on movements of candlesticks .
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November 05, 2016, 06:07:35 AM
 #669

with a very small amount at least 0.001-0.005 you can start trading but consider it as a practice for you to improve your analytics and understand the movements inside trading and do some research and you need to analyze the every altcoin especially the coin you wanted to buy you need to learn and understand those candlesticks as well because most of time traders are focusing on movements of candlesticks .


But altcoin are not that much profitable to earn good profit. However its good for the newbies and the person who needs start with the small fund. Sites like Yobit, coinbase and all providing very small amount of bitcoin trading. This may good for low fund investors. Just utilize that.
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November 05, 2016, 06:57:27 AM
 #670

with a very small amount at least 0.001-0.005 you can start trading but consider it as a practice for you to improve your analytics and understand the movements inside trading and do some research and you need to analyze the every altcoin especially the coin you wanted to buy you need to learn and understand those candlesticks as well because most of time traders are focusing on movements of candlesticks .


But altcoin are not that much profitable to earn good profit. However its good for the newbies and the person who needs start with the small fund. Sites like Yobit, coinbase and all providing very small amount of bitcoin trading. This may good for low fund investors. Just utilize that.
Altcoins is actually profitable because the price fluctuates hard, when you are a day trader it's good for you. But altcoins is not good if you are planning to hold and consider it as your long term investment because most of them does not have a longer life in terms of support.

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November 05, 2016, 07:06:33 AM
 #671

I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.
That experience is a big thing and that will make you mature as a trader, you can start with small amount and if you will lose you will can still continue and what is more important is that you are getting the right lessons that would improve your skills as a trader.

For us to be a successful trader, we need to take it slowly and the slow we grow it will be beneficial for us as our foundation in trading that would make us wiser.

The lessons. Yeah that is right. Those should be taken and leave the bad experiences if ever there will be. Thinking positive in trading is the best way to make it profitable in the long run.

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8Habits
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November 07, 2016, 06:18:50 AM
 #672

I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.
That experience is a big thing and that will make you mature as a trader, you can start with small amount and if you will lose you will can still continue and what is more important is that you are getting the right lessons that would improve your skills as a trader.

For us to be a successful trader, we need to take it slowly and the slow we grow it will be beneficial for us as our foundation in trading that would make us wiser.

The lessons. Yeah that is right. Those should be taken and leave the bad experiences if ever there will be. Thinking positive in trading is the best way to make it profitable in the long run.

There is a saying that I get to heard and read in trading industry that in every trade you make, you either win or learn. That is the most positive way to look at trading. If you lose, don't take it too personal and just find what you have learned out of that trade and never make that same mistake again in your next trade.
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November 07, 2016, 06:23:31 AM
 #673

I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.
That experience is a big thing and that will make you mature as a trader, you can start with small amount and if you will lose you will can still continue and what is more important is that you are getting the right lessons that would improve your skills as a trader.

For us to be a successful trader, we need to take it slowly and the slow we grow it will be beneficial for us as our foundation in trading that would make us wiser.

The lessons. Yeah that is right. Those should be taken and leave the bad experiences if ever there will be. Thinking positive in trading is the best way to make it profitable in the long run.

There is a saying that I get to heard and read in trading industry that in every trade you make, you either win or learn. That is the most positive way to look at trading. If you lose, don't take it too personal and just find what you have learned out of that trade and never make that same mistake again in your next trade.

That is the very positive way of thinking to avoid regrets. Well, the good thing is you will not lose much if you are really monitoring what you invested in. If you could see the flow and the losing side is there you could withdraw to avoid getting to zero.

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November 07, 2016, 06:51:51 AM
 #674

I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.
That experience is a big thing and that will make you mature as a trader, you can start with small amount and if you will lose you will can still continue and what is more important is that you are getting the right lessons that would improve your skills as a trader.

For us to be a successful trader, we need to take it slowly and the slow we grow it will be beneficial for us as our foundation in trading that would make us wiser.

The lessons. Yeah that is right. Those should be taken and leave the bad experiences if ever there will be. Thinking positive in trading is the best way to make it profitable in the long run.

There is a saying that I get to heard and read in trading industry that in every trade you make, you either win or learn. That is the most positive way to look at trading. If you lose, don't take it too personal and just find what you have learned out of that trade and never make that same mistake again in your next trade.

That is the very positive way of thinking to avoid regrets. Well, the good thing is you will not lose much if you are really monitoring what you invested in. If you could see the flow and the losing side is there you could withdraw to avoid getting to zero.
Always learn from your mistakes as nobody starts as perfect already, when you are a newbie you need to read a lot of books which can be seen in the internet, information is free nowadays so you have no excuse not to do your job. It's good to trade when you are confident as most of the time you are right.

..Stake.com..   ▄████████████████████████████████████▄
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8Habits
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November 07, 2016, 07:05:29 AM
 #675

I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.
That experience is a big thing and that will make you mature as a trader, you can start with small amount and if you will lose you will can still continue and what is more important is that you are getting the right lessons that would improve your skills as a trader.

For us to be a successful trader, we need to take it slowly and the slow we grow it will be beneficial for us as our foundation in trading that would make us wiser.

The lessons. Yeah that is right. Those should be taken and leave the bad experiences if ever there will be. Thinking positive in trading is the best way to make it profitable in the long run.

There is a saying that I get to heard and read in trading industry that in every trade you make, you either win or learn. That is the most positive way to look at trading. If you lose, don't take it too personal and just find what you have learned out of that trade and never make that same mistake again in your next trade.

That is the very positive way of thinking to avoid regrets. Well, the good thing is you will not lose much if you are really monitoring what you invested in. If you could see the flow and the losing side is there you could withdraw to avoid getting to zero.
Always learn from your mistakes as nobody starts as perfect already, when you are a newbie you need to read a lot of books which can be seen in the internet, information is free nowadays so you have no excuse not to do your job. It's good to trade when you are confident as most of the time you are right.

I agree to that mate. I usually allocate some of my time learning trading in YouTube tutorial videos. There are many of it online - just find videos that have many views and comment interactions - you don't want to learn from people that only claims they are good trader with hidden agenda of selling you something at the end of the video Wink
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November 07, 2016, 07:06:59 AM
 #676

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.
poloniex is one of the best place to trade betcoin and eth or bitcoin and litecoin. A newbie should find out the support and resistance level in any of the currency pairs he what to trade.
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November 07, 2016, 07:25:44 AM
 #677

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.
poloniex is one of the best place to trade betcoin and eth or bitcoin and litecoin. A newbie should find out the support and resistance level in any of the currency pairs he what to trade.

The reason why poloniex is a good platform to trade is because they have the volume and the numbers of altcoins ready for trading. There is also a trollbox where you can ask questions to moderators - I suggest to only use this for support and not hear anything what others are saying because the are just trolling around Wink
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November 07, 2016, 08:14:23 AM
 #678

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.
poloniex is one of the best place to trade betcoin and eth or bitcoin and litecoin. A newbie should find out the support and resistance level in any of the currency pairs he what to trade.

The reason why poloniex is a good platform to trade is because they have the volume and the numbers of altcoins ready for trading. There is also a trollbox where you can ask questions to moderators - I suggest to only use this for support and not hear anything what others are saying because the are just trolling around Wink
Exactly, and they are trusted as they have good coins listed only. The more the volume the better as the price will really fluctuates, always remember that in trading, volume is what makes a coins to stay alive for a longer period of time. And when you trade go with the trusted one, and in addition you might as well wanna try yobit.

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November 07, 2016, 10:49:21 AM
 #679

as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
Keep reading from the threads here in bitcoin talk you can learn more about alternative coins and how to make trading with small amounts you can start with 0.01 bitcoin if you have already buyy some good altcoins that can really make profit when you sell them.

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November 07, 2016, 02:11:51 PM
 #680

as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
Keep reading from the threads here in bitcoin talk you can learn more about alternative coins and how to make trading with small amounts you can start with 0.01 bitcoin if you have already buyy some good altcoins that can really make profit when you sell them.
That is just a small amount to start but some sites like yobit accepts that lower amount, and it's good to start trading with altcoins for you to learn as nowadays it moves faster than bitcoin. Just learn slowly so in the future you will be a good trader.

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