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Author Topic: how to start trading with a very small amount  (Read 161320 times)
shield132
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March 21, 2017, 04:50:21 AM
 #841

You can start trading wirh any number of bitcoins you want but it's another task if you want profitable trading, for that to my mind 1 btc is still small. If you want to only earn experience, try with 0.01 btc but I suggest to you demo website platforms which offer you points as money. With them, you will earn how to manage money and what actions to make in different situation.

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March 21, 2017, 05:59:38 AM
 #842

Well, I did bought some altcoin and find someone to buy it in a good price.
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March 21, 2017, 12:37:18 PM
 #843

Well, I did bought some altcoin and find someone to buy it in a good price.

You don't have to find someone to buy it in a good price. That's just person to person trading and trust me it's really hard to find someone who's not going to scam you and is willing to buy above market price. Some say that they do person to person trading to avoid the fees and some say because they get better deals from it. But buying/selling in an exchanger is much faster since you only have to place your sell order or simply dump the coin.

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March 21, 2017, 04:20:32 PM
 #844

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March 21, 2017, 04:47:51 PM
 #845

Since the divide of BTC nad BCU, its been a good time to trade actually, atlcoin prices are rising and I even forgot about investing those ICN which I was hoping to rise up which holders can receive dividends becuase I'm more focused on trading the altcoins like DASH, Monero and ETH.  Today is very profitable and have almost doubled my 3 btc from the start.

If you want to trade, start with the cheapest which as you can see on the coinmarketcap, ETC is going to be a good candidate to start with.
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March 23, 2017, 04:00:01 AM
 #846

Since the divide of BTC nad BCU, its been a good time to trade actually, atlcoin prices are rising and I even forgot about investing those ICN which I was hoping to rise up which holders can receive dividends becuase I'm more focused on trading the altcoins like DASH, Monero and ETH.  Today is very profitable and have almost doubled my 3 btc from the start.

If you want to trade, start with the cheapest which as you can see on the coinmarketcap, ETC is going to be a good candidate to start with.
Although bitcoin will always be the king of the altcoin and there is no safer investment than putting money on it, but with the current price many new comers find it hard to dump money into it or they don’t have enough for it, so trading altcoin may be fruitful for them, and one of the best ones to trade in my opinion is zcash because of it is similar to bitcoin, zcoin made its appearance and people got burned out from it which leaves it between up and down, so investing in it and picking the right time to trade by keeping an eye on the market may be profitable.
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March 23, 2017, 09:16:53 AM
 #847

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.

Oh thanks. I'll check out the thread. The reason I'm trying to source the information here is that people would be posting comments so I would know if it is the right info.
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March 23, 2017, 10:59:38 AM
 #848

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.
Don't spread that 0.01 btc to different coins because you would get small profit because of high price of each coin you mentioned.
Stick to 1 coin and make an order at least +10% from buy order for short profit and repeat it.

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March 23, 2017, 01:11:53 PM
 #849

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.
Don't spread that 0.01 btc to different coins because you would get small profit because of high price of each coin you mentioned.
Stick to 1 coin and make an order at least +10% from buy order for short profit and repeat it.

It might not be profitable with such amount. Its most probably better to at least have $200. I don't recommend trading on exchange that only features altcoins like polo or bittrex and yobit these exchange only have altcoins so its not going to be safe as to where you will put your money right when you stop trading. Its best to simply convert back your coins to usd when you sleep. Now there are tons of these exchanges such as Kraken and bitfinex, these are just the two that i like to use as well.
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March 23, 2017, 03:25:01 PM
 #850

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.
Don't spread that 0.01 btc to different coins because you would get small profit because of high price of each coin you mentioned.
Stick to 1 coin and make an order at least +10% from buy order for short profit and repeat it.
Seriously? 0.01 and spread it to 4 or 5 altcoin?
How much profit you expect then lol , 5%? 0.00005? What you can do with that low amount profit by the way?
Of course nothing , so better to keep it until at least reach 0.1 bitcoin , feel like wastig time to earn 0.00005 or so.
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May 06, 2017, 03:16:51 PM
 #851

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 really don't have any bitcoin, you can start collecting bitcoin through bitcoin faucets at freebitcoin.com, then accumulate those satoshi were you are going to accumulate every 30mins I think. Then, once you reach the amount of 0.002BTC you can try to deposit it any exchange site platform. So you are able to do some trade in the platform.
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May 06, 2017, 04:10:36 PM
 #852

There is little risk to small amounts.You can try trade big amount.it's my personal opinion.best of luck.

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May 06, 2017, 04:57:30 PM
 #853

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 really don't have any bitcoin, you can start collecting bitcoin through bitcoin faucets at freebitcoin.com, then accumulate those satoshi were you are going to accumulate every 30mins I think. Then, once you reach the amount of 0.002BTC you can try to deposit it any exchange site platform. So you are able to do some trade in the platform.
Faucets created for newbies, but don't waste too much time as you can get an ico coin by participate in their signature campaign, but try to improve your crypto knowledge and trading. Focus on one coin first, after some time you can get decent amount from both of it.
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May 07, 2017, 12:36:12 AM
 #854

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 really don't have any bitcoin, you can start collecting bitcoin through bitcoin faucets at freebitcoin.com, then accumulate those satoshi were you are going to accumulate every 30mins I think. Then, once you reach the amount of 0.002BTC you can try to deposit it any exchange site platform. So you are able to do some trade in the platform.

With the pace that you have with bitcoin faucets, in order to get 0.002BTC you'll spend weeks of solving captchas, which is not only boring but is also a total waste of time. 0.002BTC is like $3. Who has a computer but doesn't have $3 anyway. Just deposit that amount, or even better to deposit more since $3 wouldn't give you good profit even when the coin gets hyped. If you don't want to deposit, then just practice your trading skills and knowledge on https://whaleclub.co. It's good to have some practice on trading before you start trading with actual money.

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May 07, 2017, 12:46:19 AM
 #855

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 really don't have any bitcoin, you can start collecting bitcoin through bitcoin faucets at freebitcoin.com, then accumulate those satoshi were you are going to accumulate every 30mins I think. Then, once you reach the amount of 0.002BTC you can try to deposit it any exchange site platform. So you are able to do some trade in the platform.

That is possible but t I think its time consuming,but well...if you are patient enough its okey or you can try other means. If he has a social media account, he can start in twitter,Facebook campaigns. Pays is enough to start trading in exchanges like Polo,Yobit and the likes. Please check for charges anyway.
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May 07, 2017, 12:59:11 AM
 #856

You should carefully  read bit coin site ...its better for trading.
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May 07, 2017, 03:02:01 AM
 #857

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.
Don't spread that 0.01 btc to different coins because you would get small profit because of high price of each coin you mentioned.
Stick to 1 coin and make an order at least +10% from buy order for short profit and repeat it.
Seriously? 0.01 and spread it to 4 or 5 altcoin?
How much profit you expect then lol , 5%? 0.00005? What you can do with that low amount profit by the way?
Of course nothing , so better to keep it until at least reach 0.1 bitcoin , feel like wastig time to earn 0.00005 or so.
Replied on wrong post? ChronoLite said better to stick in 1 coin. If you want reply on ekoice's post, do it more carefully or your post will make people confused. 5% from 0.01 btc isn't 0.00005 btc, but 0.0005 btc. (You have added to many "0").
Profit still profit, doesn't matter if that's only 0.00005 or so.


You should carefully  read bit coin site ...its better for trading.
Bit coin site? what's that? and why you said it's better for trading? Have you read the title of this thread?
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May 07, 2017, 03:34:19 AM
 #858

There is little risk to small amounts.You can try trade big amount.it's my personal opinion.best of luck.
I think he wants to try trading with small amounts incase there are some mistakes he made then there will be disappointment, look.if you try to trade with a big capital and you pick a wrong coin all your funds will lose, it's not recommended to try with a big capital

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Obito
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May 07, 2017, 03:41:26 AM
 #859

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 really don't have any bitcoin, you can start collecting bitcoin through bitcoin faucets at freebitcoin.com, then accumulate those satoshi were you are going to accumulate every 30mins I think. Then, once you reach the amount of 0.002BTC you can try to deposit it any exchange site platform. So you are able to do some trade in the platform.

With the pace that you have with bitcoin faucets, in order to get 0.002BTC you'll spend weeks of solving captchas, which is not only boring but is also a total waste of time. 0.002BTC is like $3. Who has a computer but doesn't have $3 anyway. Just deposit that amount, or even better to deposit more since $3 wouldn't give you good profit even when the coin gets hyped. If you don't want to deposit, then just practice your trading skills and knowledge on https://whaleclub.co. It's good to have some practice on trading before you start trading with actual money.
I am also a newbie in trading but thanks for some information it will be a great help. But even though I'm newbie I have some knowledge about it like buy low and sell high.
I think if you want to start trading you should practice more and gain more experience and ask some tips about trading on veterans on trading.
noictib
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May 07, 2017, 04:05:37 AM
 #860

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
I will suggest you to follow the basic rulea of the Trading instead of any new experiment Because here j Already tried my stretagy to make always Profit but get loss in new new experiment in the trading .
So just bought those altcoins which has really good support in the market of altcoins ( like dgb ) and hold it for the better time until it goes to rise in the price .
I know  my many friends who lost Their money in the trading Because of Only not to have patience , Usually they bought the altcoin and try to get Profit in the hours and can't hold the patience and finally after two to three days they sold at the low price with loss .
So here my suggestion is for you that never loose your patience in trading Because sometimes it happened that a single altcoin takes long year to rise in his price ( here the best example of the doge coin should be consider )
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