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Author Topic: how to start trading with a very small amount  (Read 161265 times)
JeffBrad12
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March 19, 2017, 02:35:56 AM
 #821

I'm also a beginner in trading. I'm currently hoarding satoshi from faucets and sites that payout in bitcoin. I'll try to trade altcoins on poloniex and make a small profit.
Collect your faucet and it will need or require a lot of the time. But you can do that. Just try to collect your bitcoin and make it will enough to pay the fees for your transaction.

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March 19, 2017, 03:27:15 AM
 #822

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
much better to go around this forums just stay away from hyip and ponzi offer trading is not that easy I guess you need to do your homework first best start with small amount just try to trade alt and understand the movement by time pass by you might understand everything just keep focus if you really want to earn. good luck
This is the right thing to do for a beginner who want to learn about trading. Trading is not that easy in just hour you can get it immediately, as the above mentioned much better to study and learn like keeping in touch in this forum most of the time and you ask the community here about the things you want to know.
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March 19, 2017, 06:00:55 AM
 #823

The first to remember trading is not an easy thing better if you have a teacher in this field or you can also learn through group or forum it was more sense than to jump to location without knowing anything.

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HatakeKakashi
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March 19, 2017, 06:27:45 AM
 #824

The first to remember trading is not an easy thing better if you have a teacher in this field or you can also learn through group or forum it was more sense than to jump to location without knowing anything.
Yes trading is not easy because you need learn more before you start to trade. You need a lot of research before buying altcoin because without doing research the result failure if you make research about the coin you want to buy and you see the potential you buy it and you earn bitcoin you have profit. Strategy is also effective but not always .

 
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Maslate
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March 19, 2017, 07:14:36 AM
 #825

The first to remember trading is not an easy thing better if you have a teacher in this field or you can also learn through group or forum it was more sense than to jump to location without knowing anything.
Yes trading is not easy because you need learn more before you start to trade. You need a lot of research before buying altcoin because without doing research the result failure if you make research about the coin you want to buy and you see the potential you buy it and you earn bitcoin you have profit. Strategy is also effective but not always .
It's only hard in the start because no one gets perfect easily but along the way you will learn because your experience does teach you. If you are just starting in trading, you need to have it with a small amount only because the risk is bigger when you do not have enough knowledge yet.
Every successful trader starts with being a newbie but because trading is their passion, they are not tired of learning from their mistakes until they were successful.

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Victorycoin
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March 19, 2017, 08:31:44 AM
 #826

I'm also a beginner in trading. I'm currently hoarding satoshi from faucets and sites that payout in bitcoin. I'll try to trade altcoins on poloniex and make a small profit.

That is the right way to begin your journey in bitcoin world first try to collect from best possible ways and once you get good amount of bitcoin start investing them in trading sites to grow your coins even faster.
Want to point out that faucet is not one of the best ways for gathering coins, as it takes so much more from you than what it brings in. In its place, I am suggesting you put more effort in signature campaign here and it only entail making of a few number of quality posts everyday and you will end up with something worthwhile at the end of every week. Moreover, you are going to be having the rest of your day to learn to trade and do something else, which is one thing doing faucet would deprive you of.
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March 19, 2017, 02:28:31 PM
 #827

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.
To add to what the senior said. To my own believe holding of bitcoin is also another way of investing and now that the price of bitcoin is down to $994 you could buy and hold your. Inaddition, KMD and ETH are doing good now.

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March 19, 2017, 03:20:22 PM
 #828

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
If you want to try the actual practice of doing trade in the exchange, first you must have an account which you are going to do some trade in the exchange sites. like in bittrex.com, poloniex.com, c-cex and others. Smiley

Having account is mandatory but before getting into trading sites I think he should spend some time on watching videos related to trading there are many videos for beginners on youtube which will give him clear idea of how trading works.

Videos can help them out but there are some people hard to understands it on their actual trade encounters and in addition to newbies learnings they should seek a veteran nor knowledgable guy who can help them to sort on what is the new thrend coin,what to avoid and what is the most common effect of bad trades and lastly the difference of short trade and long trades.

If the person familiarized that surely they will became an expert traders someday and i think they will also learn on how to pump a coin if they will became a pro.

Exactly once. If no experience surely everything will give the effect that is not good enough, and vice versa. But to be able to get an experience indeed we should be able to start it or looking at it from the past someone who's been ahead doing what we are now doing. Trading places is good enough, but it also depends on the mindset of someone who did.All trading requires a wide range of things to be able to give an advantage to us
 
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March 19, 2017, 04:17:24 PM
 #829

I'm also a beginner in trading. I'm currently hoarding satoshi from faucets and sites that payout in bitcoin. I'll try to trade altcoins on poloniex and make a small profit.

Yes, you have chosen the right path because even with the small amount you can trade with a reputable coin. Once you are familiar with trading then you will make profits. Don't look for higher profits, aim for little profits.
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March 19, 2017, 05:48:12 PM
 #830

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
If you have 0.01btc.you can invest it in any of the following altcoins as their price is going up.Ethereum,Dash,Monero,Decred.Dont be panic.Fix your profit limits as 5 or 10%.When you get it,just sell your altcoin to buy BTC.Just continue this process.You will get good experience.
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March 19, 2017, 06:07:08 PM
 #831

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
If you have 0.01btc.you can invest it in any of the following altcoins as their price is going up.Ethereum,Dash,Monero,Decred.Dont be panic.Fix your profit limits as 5 or 10%.When you get it,just sell your altcoin to buy BTC.Just continue this process.You will get good experience.


For a newbie 0.01 btc is a really good amount to start gaining practical experience by doing trades and if he follows the strategy said by you then he will definitely make some profits and which will also help him in growing his coins.
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March 19, 2017, 06:13:42 PM
 #832

trading i think the best option is trading altcoins. bcz many person rich yo use this it multiply ur btc
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March 19, 2017, 07:31:47 PM
 #833

trading i think the best option is trading altcoins. bcz many person rich yo use this it multiply ur btc

Yes it is the best option and what do you think about doing with your alt coins? of course it is designated for trading and you just need to buy those cheap coins.

But right now, there's a lot of pump on alt coins because of bitcoins drop, everyone seems to be migrating some of their funds to alts.

And if you got small amount that can go with the flow, buying dash will good for you.

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March 19, 2017, 07:41:30 PM
 #834

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
If you have 0.01btc.you can invest it in any of the following altcoins as their price is going up.Ethereum,Dash,Monero,Decred.Dont be panic.Fix your profit limits as 5 or 10%.When you get it,just sell your altcoin to buy BTC.Just continue this process.You will get good experience.


For a newbie 0.01 btc is a really good amount to start gaining practical experience by doing trades and if he follows the strategy said by you then he will definitely make some profits and which will also help him in growing his coins.
yeah its better for you to trades on .01 btc because first you will need gain some skills and experience and then you can start trading with any amount and if you get some skills and experience then you should never go to risk in trading.
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March 20, 2017, 01:00:27 AM
 #835

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
If you have 0.01btc.you can invest it in any of the following altcoins as their price is going up.Ethereum,Dash,Monero,Decred.Dont be panic.Fix your profit limits as 5 or 10%.When you get it,just sell your altcoin to buy BTC.Just continue this process.You will get good experience.


For a newbie 0.01 btc is a really good amount to start gaining practical experience by doing trades and if he follows the strategy said by you then he will definitely make some profits and which will also help him in growing his coins.
yeah its better for you to trades on .01 btc because first you will need gain some skills and experience and then you can start trading with any amount and if you get some skills and experience then you should never go to risk in trading.
First thing, you don't need to invest 0.01 to practise your knowledge/skills in trading since you can use a demo account to provide that needs. Second, trading is risky, hence if you can't take that risk then don't initiate trading.
Third, if you are good enough through practising your skills through a demo account, then that's the time to do trading with risk, ofcourse you should start as low amount you can afford to lose.
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March 20, 2017, 01:17:07 AM
 #836

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
If you have 0.01btc.you can invest it in any of the following altcoins as their price is going up.Ethereum,Dash,Monero,Decred.Dont be panic.Fix your profit limits as 5 or 10%.When you get it,just sell your altcoin to buy BTC.Just continue this process.You will get good experience.


For a newbie 0.01 btc is a really good amount to start gaining practical experience by doing trades and if he follows the strategy said by you then he will definitely make some profits and which will also help him in growing his coins.
yeah its better for you to trades on .01 btc because first you will need gain some skills and experience and then you can start trading with any amount and if you get some skills and experience then you should never go to risk in trading.
First thing, you don't need to invest 0.01 to practise your knowledge/skills in trading since you can use a demo account to provide that needs. Second, trading is risky, hence if you can't take that risk then don't initiate trading.
Third, if you are good enough through practising your skills through a demo account, then that's the time to do trading with risk, ofcourse you should start as low amount you can afford to lose.

There will be always risk attached with trading but thinking of risks and not giving an try to trading doesn't sounds great to me as somewhere someday you have to start and if you will never try trading then you will never gain any knowledge and experience of trading so start with a small capital to avoid huge losses at initial stage.
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March 20, 2017, 03:12:50 AM
 #837

I've also heard about trading. Do you guys have links to any guide about it here? Maybe a stickied thread or something...

Regarding trading sites, do you have any you can suggest to novice traders? Does it matter which site we'll use, like, are differences on prices or fees?

I'm looking for some ways to make money. I can probably spare a few hours a day for it.
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March 20, 2017, 10:08:46 AM
 #838

I've also heard about trading. Do you guys have links to any guide about it here? Maybe a stickied thread or something...

Regarding trading sites, do you have any you can suggest to novice traders? Does it matter which site we'll use, like, are differences on prices or fees?

I'm looking for some ways to make money. I can probably spare a few hours a day for it.

You can actually start by using Google. Or maybe just follow this new thread (https://bitcointalk.org/index.php?topic=1833226) To be completely honest, you wouldn't get most of the things you're looking for in this forum. This is not an all in one forum so you're better off searching stuffs on Google. Not only you'll get better results, but you'll also get instant results.

For trading sites, there's C-Cex, Poloniex, WhaleClub, Yobit, etc. Those are the most common ones and the price doesn't have that much difference even when let's say that someone bought tons of ETH on YoBit, it'll only take a few seconds for snipers to sell at that high buy on YoBit or buy at the low price from other trading sites. The fees, of course, doesn't have that much difference as well. Just see what UI and website loading time suits you the best.

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March 20, 2017, 06:32:30 PM
 #839

trading i think the best option is trading altcoins. bcz many person rich yo use this it multiply ur btc

Yes it is the best option and what do you think about doing with your alt coins? of course it is designated for trading and you just need to buy those cheap coins.

But right now, there's a lot of pump on alt coins because of bitcoins drop, everyone seems to be migrating some of their funds to alts.

And if you got small amount that can go with the flow, buying dash will good for you.

The price of dash is too high at a moment so its a risky to buy now as if price goes down then it may continue to go down and would not recover again and it may give him loss so wait for the price of dash to go down and that would be the right time to invest in it.

Well if you think that dash is too high then just go with those coins that has small value in the market, the more the merrier.

But if he has a small amount it's better to take the risk because there's no growth if no one is going to take the advantage.

Then he should wait for the right time when dash dumps and buy some of it later.

jhannlenris
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March 20, 2017, 06:43:29 PM
 #840

you cna do on 1broker, speculatig on the value, i'm currently playing there in the range 400-450, but i'm not good either, currently going long for 440-450

or you cna buy cheap altcoin and wait for the price to increase

As a newbie in trading much better to use altcoins with cheaper price because aside from affordable you will benefit for it due to higher chance to pump.
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