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Author Topic: how to start trading with a very small amount  (Read 161265 times)
Viyamore
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May 07, 2017, 04:08:23 AM
 #861

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.
Yes, thats how a person is determine to learn you need all of it . But regarding on buy low and sell high its only the basic pattern for you to earn ,the real trading not goes like that many hesitations to sell and to buy will come because of the volatility of a coin so in basic movements even you bought at low price you can still lose ,So it means you need to study the flow of manipulations ,hype pumping or dumping and the normal price for you to buy.


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CraigWrightBTC
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May 07, 2017, 04:15:25 AM
 #862

You should carefully  read bit coin site ...its better for trading.
What do you mean with bitcoin sites? Many website about bitcoin out there, if your​ mean is bitcointalk section trading discussion,
i agree with you because many information about trading include (method for trading, the best altcoins will be traded on the markets) the informations about analysis technical and fundamental from the traders.
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May 07, 2017, 05:08:42 AM
 #863

If you have a small amount, maybe you can start from a coin that has a price of thousands of satoshi. Well, with that, you can earn a lot of coins, and when the price goes up high, it will give you a lot of profit. For sure, you must be good in terms of analysis, and be careful.

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May 07, 2017, 05:23:46 AM
 #864

You should carefully  read bit coin site ...its better for trading.
What do you mean with bitcoin sites? Many website about bitcoin out there, if your​ mean is bitcointalk section trading discussion,
i agree with you because many information about trading include (method for trading, the best altcoins will be traded on the markets) the informations about analysis technical and fundamental from the traders.
There a lot of sites where you can get relevant information about bitcoin, not only this forum and as a trader you should have a lot of references in order for you to weigh the information every time you analyze it. For me, this forum is my favorite because I can interact with people and it is not bias for me, I have grown a lot of this forum so I will just continue what I'm doing.

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choppork
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May 07, 2017, 05:47:54 AM
 #865

You should carefully  read bit coin site ...its better for trading.
What do you mean with bitcoin sites? Many website about bitcoin out there, if your​ mean is bitcointalk section trading discussion,
i agree with you because many information about trading include (method for trading, the best altcoins will be traded on the markets) the informations about analysis technical and fundamental from the traders.
There a lot of sites where you can get relevant information about bitcoin, not only this forum and as a trader you should have a lot of references in order for you to weigh the information every time you analyze it. For me, this forum is my favorite because I can interact with people and it is not bias for me, I have grown a lot of this forum so I will just continue what I'm doing.

People has nothing to be biased of so yeah. You can also try the Bitcoin core slack where you can ask silly questions but people wouldn't make fun of you. There's always someone online so you can get your answer quite quickly. Take note that people are also verbal about it whenever they disagree with somebody's answer to your question. Not that they spoon feed you there but they just send you useful links which I think is much better. It saves both yours and their time explaining about something that's already written at some article.

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kidoseagle0312
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May 07, 2017, 06:41:13 AM
 #866

i think if you want to start trading with small amount, you can trying with yobit because i see in yobit there is many altcoin that have cheap price and i think you can start to buy some coins and make a profit. but be careful because there many coin too that could make you getting stuck for a while.
Yes, yobit is one of the best site to trade altcoins because of their coins there; a lot of coins to choose from and most of them are very cheap and that is good for a small timer trader and also to those people who want to experience trading altcoins. But as you said a while ago, newbies or traders should be careful because some of the coins there might help you to earn or help you to lose. So pick wisely and do research first.
to me i am also using yobit for trading alt coin.


before i could tell yobit is the best but when i see some pas accusation bad feedbacks on their thread well my guts to trade their got vanish since problems is not been solve immediately by them since their support is slow and inactive. So for both of you just be carefull on trading some alts since some of them got an issue to their wallet just stick to btc-alt then withdraw via btc so that both of you will not suffer some problems.

But even there so many bad feedback accusation on their thread which is yobit, still yobit exist and stand still. Though your advised was quite good as well, much better to be careful in it. So by making starting to make a trade it is always said starts from the basic learning in trading.
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May 07, 2017, 07:37:50 AM
 #867

If you want to start trading in small amount only you can earn also but you cannot buy more altcoin with that price I think 3-5 altcoin you can afford to buy.  For me if you want to start trading I think you need big capital like 1bitcoin is good to start I think you can buy 10-20altcoin with that price. And for sure your will earn bitcoin everyweek because there's one altcoin for sure will pump .
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May 07, 2017, 08:11:45 AM
 #868

me too,i just want who help me about bitcoin
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May 07, 2017, 09:56:23 AM
 #869

If you want to start trading in small amount only you can earn also but you cannot buy more altcoin with that price I think 3-5 altcoin you can afford to buy.  For me if you want to start trading I think you need big capital like 1bitcoin is good to start I think you can buy 10-20altcoin with that price. And for sure your will earn bitcoin everyweek because there's one altcoin for sure will pump .

That is not really always the case that you will earn 1 bitcoin every week for just 1 bitcoin capital. You can't just predict what altcoin to invest your whole bitcoin and earn 100% profits every single week. Even winning 10% a week trading altcoin is kinda tricky to achieve when you don't know what you are doing.

If I have 1 bitcoin now, I should not trade it right away, I will need to train myself trading first before I start one.
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May 08, 2017, 06:40:45 AM
 #870

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
Just invest 0.01 btc and buy any older coins like Ethereum,Monero or Decred as it would be safe for you.Set a target of around 5% or 10% profit and as soon as you reach this profit,then take back your ijnvestment and reinvest.once you gain experience and want to try new coins,you could buy them in Bittrex exchange as most new coins are listed there.Poloneix is also a good exchange.
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May 08, 2017, 01:14:56 PM
 #871

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
You can start by depositing just only a small amount of bitcoin for example 0.001 by that you can experience how to trade with that amount of money use that to know the system and how trading works I think for 1 week learn how to buy and sell and the right time to do it and after that you should deposit now a big amount to start real trading with huge profit.



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May 08, 2017, 01:15:46 PM
 #872

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 are newbie in doing trade in this industry, you must start actual trade for small amount of satoshi minimum 0.002 satoshi and applying it do some research about in trading, in which exchange platform that is possible was novaexchange.com, c-cex, bittrex, yobit, coinexchange.io and others.
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May 08, 2017, 02:22:22 PM
 #873

you can buy alt coin that price is low. you can buy coin down rate and wait increse coin price.


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May 08, 2017, 02:31:20 PM
 #874

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 are newbie in doing trade in this industry, you must start actual trade for small amount of satoshi minimum 0.002 satoshi and applying it do some research about in trading, in which exchange platform that is possible was novaexchange.com, c-cex, bittrex, yobit, coinexchange.io and others.
There is no such thing of a specific small amount, anything that we can afford to lose when practicing would be good. You will change your strategy depending on the amount you put, when it's too small you might not take it seriously as most of us wants instant money so we will choose to risk more.
Trading is really a long journey that's why I also have my long term investment aside from my daily trading, if this two will work, it can give me an enormous amount of money.

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May 08, 2017, 03:10:44 PM
 #875

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 are newbie in doing trade in this industry, you must start actual trade for small amount of satoshi minimum 0.002 satoshi and applying it do some research about in trading, in which exchange platform that is possible was novaexchange.com, c-cex, bittrex, yobit, coinexchange.io and others.
There is no such thing of a specific small amount, anything that we can afford to lose when practicing would be good. You will change your strategy depending on the amount you put, when it's too small you might not take it seriously as most of us wants instant money so we will choose to risk more.
Trading is really a long journey that's why I also have my long term investment aside from my daily trading, if this two will work, it can give me an enormous amount of money.
Too small amount also make us lazy to stop trading, so use a decent amount to start your trading. Then you will be little serious about your business. If we use too small amount, we can not show more interest because if we lose also, we can't take it serious and if we make a profit means it's very small amount. So I suggest you invest one decent amount and start trading.
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May 08, 2017, 03:32:46 PM
 #876

Too small amount also make us lazy to stop trading, so use a decent amount to start your trading. Then you will be little serious about your business. If we use too small amount, we can not show more interest because if we lose also, we can't take it serious and if we make a profit means it's very small amount. So I suggest you invest one decent amount and start trading.
A very plausible reason, if use huge funds will make us serious about what we do, because we have good reason not to lose the funds and keep on thinking how to make the funds we use in trading keep increasing, get profit decent amount make us more interest with our trading.

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May 08, 2017, 04:35:38 PM
 #877

Find a broker follow their instructions to get an account, send money to them for the fund. Go practice with small leverage to evaluation your strategy, isn't good or bad?. For more skill joint some trade group or more reading about the trade. Start trading is simple, but get profit is never easy and need a lot of work. Good luck.

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May 08, 2017, 08:18:41 PM
 #878

Find a broker follow their instructions to get an account, send money to them for the fund. Go practice with small leverage to evaluation your strategy, isn't good or bad?. For more skill joint some trade group or more reading about the trade. Start trading is simple, but get profit is never easy and need a lot of work. Good luck.

If you are new to trading then its better to gain a experience with demo account as there are many trading sites that offers demo account and give you unreal funds to learn how trading actually works and after gaining good knowledge and experience you can start trading with real money but make sure that you invest only a small capital at initial stage.
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May 08, 2017, 08:58:21 PM
 #879

you can buy alt coin that price is low. you can buy coin down rate and wait increse coin price.
yeah altcoin trading is better for lower investment if someone want to invest their in low amount in trading then they can invest their money or bitcoin altcoin because altcoin price is very much lower and anyone can buy or invest in it.
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May 08, 2017, 09:02:36 PM
 #880

Start with a small amount (0.01) and try and grow from there.

Use a reputable exchange such as bittrex.

Steer clear of poloniex - it's awful. They seem to have major server problems whenever there's an uptick in the market and their margin trading feature is 'irregular' (see fraudulent). Use at your peril.
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