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Author Topic: how to start trading with a very small amount  (Read 161265 times)
Cactushrt
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October 09, 2017, 01:24:54 AM
 #1581

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more
There are some people are earning right now without losing a money my cousin is trading for 6months now and he start with a $500 capital and all his trades are perfect maybe he is lucky?

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Razick
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October 09, 2017, 01:54:08 AM
 #1582

Well first off, props to you for even considering to trade with a small amount to start. Most people start with way too much and lose a fortune due to their impatience. You need patience... it is arguably the most important factor when trading Bitcoin/crypto.

If I were you, find a reputable exchange (Bittrex seems to be the best one at the moment) and deposit whatever you can afford to lose. Whatever will not make you lose sleep at night. Do a lot of research, study and if you do it right, sure enough the profits will roll in.

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Finestream
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October 09, 2017, 02:04:53 AM
 #1583

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more
There are some people are earning right now without losing a money my cousin is trading for 6months now and he start with a $500 capital and all his trades are perfect maybe he is lucky?
There is no such thing as perfect in trading as this is a big guessing game and no way that all our guess are correct.
Market move based on a lot of factors, speculation is one that is why we have this saying that "buy on rumors and sell on news" this is what we follow to get the right timing but it does not work all the time so there is always a room for mistakes.

All I can say is that he is just lucky... Grin

8Habits
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October 09, 2017, 03:53:45 PM
 #1584

Have an experience in trade or have you done yet ? Try to learn more and more. Otherwise you will be losers. With small amount you will not make enough profit. You should invest huge to best result.
The purpose of starting to trade with a low amount of money is not to make a lot of money, the real purpose is to learn your way around the trading platform and to test your skills as a trader, if after a predetermined amount of trades you come up with a small profit then you can trade with a bigger amount and see how it goes, if you keep getting good results now you can trade with all your bankroll.
It is possible to start trading with a little amount of money because if you are able to earn more and more in this way, the money would definitely get increased and you would feel quite successful in terms of career.

But on the other hand, it could also become a risk for you and therefore, some sort of guidance must be taken if you are a beginner in this field.
If you only have a small amount of money and you are planning of trading, then it really a huge risk. You are putting your entire money at the stake. You need to be very much careful while making this decision. I will suggest you not to go for trading, rather go for having more money in the beginning so that you have some amount in your pocket even if you suffer a loss.
I think that step by step improvement is far better than becoming rich in an abrupt time because taking risk for a middle man is highly risky thing than the rich one  so it is better to start with a small amount then you will get the opportunities  and will observe  different trends which will increase your skill level but with the passage of time.

In short, there is really no shortcut to success and there is no becoming rich overnight (unless you win the lucky lotto tonight). You need to work hard, save, invest, and rinse and repeat and the richness will be yours..
warr1979
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October 09, 2017, 09:11:44 PM
 #1585

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more
There are some people are earning right now without losing a money my cousin is trading for 6months now and he start with a $500 capital and all his trades are perfect maybe he is lucky?
No, I think $500 is good amount to starting make money through trade Bitcoin, because I also have a brother start to trade with $10.
Really, no one can trusts my said but he can makes a profits ~2000 dollar from that amount, especialy he only need 3 months to does that.
idvirgi
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October 09, 2017, 09:29:37 PM
 #1586

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more
There are some people are earning right now without losing a money my cousin is trading for 6months now and he start with a $500 capital and all his trades are perfect maybe he is lucky?
No, I think $500 is good amount to starting make money through trade Bitcoin, because I also have a brother start to trade with $10.
Really, no one can trusts my said but he can makes a profits ~2000 dollar from that amount, especialy he only need 3 months to does that.
hi , you can tell as the strategy use your brother ? thx
8Habits
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October 09, 2017, 10:32:32 PM
 #1587

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more
There are some people are earning right now without losing a money my cousin is trading for 6months now and he start with a $500 capital and all his trades are perfect maybe he is lucky?
No, I think $500 is good amount to starting make money through trade Bitcoin, because I also have a brother start to trade with $10.
Really, no one can trusts my said but he can makes a profits ~2000 dollar from that amount, especialy he only need 3 months to does that.

$500 is good enough to start trading and getting good profit out of it. But you should only trade with this amount when you already have idea about the ins and outs of cryptocurrency trading and is already skillful enough to carry out a trade.
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October 09, 2017, 10:36:25 PM
 #1588

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

The onething i know about  trading in a small amount of
of capital of bitcoins is first to wait to make  the value of my currency higher and trade it to another altcoins small value and hoard my altcoins until it demand in the  blockchain market and trade again when the value  rise up. Rgis scenario is vice versa,until your bitcoin currency will earn.

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8Habits
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October 09, 2017, 11:07:29 PM
 #1589

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

The onething i know about  trading in a small amount of
of capital of bitcoins is first to wait to make  the value of my currency higher and trade it to another altcoins small value and hoard my altcoins until it demand in the  blockchain market and trade again when the value  rise up. Rgis scenario is vice versa,until your bitcoin currency will earn.

The basic principle in trading all kinds of stuff like in cryptocurrency trading is to buy low and sell high. This is really easy to understand but really that hard as well to execute especially when emotion sets in in your trading. There is so much more than that and you need some dose of patience and mental fortitude in order to carry out your pre-planned altcoin trading.
freedomgo
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October 10, 2017, 05:52:55 AM
 #1590

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

The onething i know about  trading in a small amount of
of capital of bitcoins is first to wait to make  the value of my currency higher and trade it to another altcoins small value and hoard my altcoins until it demand in the  blockchain market and trade again when the value  rise up. Rgis scenario is vice versa,until your bitcoin currency will earn.

The basic principle in trading all kinds of stuff like in cryptocurrency trading is to buy low and sell high. This is really easy to understand but really that hard as well to execute especially when emotion sets in in your trading. There is so much more than that and you need some dose of patience and mental fortitude in order to carry out your pre-planned altcoin trading.
Indeed, the challenge is in the execution, we can read a lot of information that is useful for a successful trade but the way we implement it is very
crucial. The risk is always present so we have to be very careful with decision making, all our decision should be properly research and don't
be weak emotionally as it might affect your planning.

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8Habits
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October 12, 2017, 01:07:46 AM
 #1591

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

The onething i know about  trading in a small amount of
of capital of bitcoins is first to wait to make  the value of my currency higher and trade it to another altcoins small value and hoard my altcoins until it demand in the  blockchain market and trade again when the value  rise up. Rgis scenario is vice versa,until your bitcoin currency will earn.

The basic principle in trading all kinds of stuff like in cryptocurrency trading is to buy low and sell high. This is really easy to understand but really that hard as well to execute especially when emotion sets in in your trading. There is so much more than that and you need some dose of patience and mental fortitude in order to carry out your pre-planned altcoin trading.
Indeed, the challenge is in the execution, we can read a lot of information that is useful for a successful trade but the way we implement it is very
crucial. The risk is always present so we have to be very careful with decision making, all our decision should be properly research and don't
be weak emotionally as it might affect your planning.

and once you have finally done your careful research and do your pre-planned trade, make it 100% sure that you are not letting any motion gets in your trade because emotion can make you unfollow your original trading plan and it may most of the time be a losing trade.
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October 12, 2017, 01:16:13 AM
 #1592

You can trading shitcoin if only have small amount Cheesy
Because shitcoin if pump get 4-10x  Grin
BartS
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October 12, 2017, 03:10:33 PM
 #1593

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more
I think thats normal for a newbie to make mistakes and every mistakes you will learn something so the next time you trade, you are aware of how it goes. before i started to trade i study the dos and donts, with a small capital i bought a coins that has potential and listen to my friend who teach me how to trade.
Unless you are a genius, extremely talented or a lucky person we are all going to make mistakes when we trade, the issue is what we do once we make those mistakes, many people never learn from them and that is why you always see them making the same mistakes over and over again, but if you learn from them you can progress to the point you become a successful trader.
cotton ball
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October 12, 2017, 04:16:36 PM
 #1594

We need to suffer a loss to make a positive experience, all traders never get lucky in a row and they always learn from mistakes, before, I spent almost $ 1000 just for trial and learning process, but before less than half, my insights became wider when I started getting some coins from the campaign. Previously only knew btc and eth, but this time it's easier to execute lots of potential altcoins.

the conclusion if you want to use the smallest capital, it can wait until you get altcoin from the campaign first, you will get experience from the development until the reason why the price of the coin rises.
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October 13, 2017, 11:36:50 AM
 #1595

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more
I think thats normal for a newbie to make mistakes and every mistakes you will learn something so the next time you trade, you are aware of how it goes. before i started to trade i study the dos and donts, with a small capital i bought a coins that has potential and listen to my friend who teach me how to trade.
Unless you are a genius, extremely talented or a lucky person we are all going to make mistakes when we trade, the issue is what we do once we make those mistakes, many people never learn from them and that is why you always see them making the same mistakes over and over again, but if you learn from them you can progress to the point you become a successful trader.
How can you differentiate between a normal trader and an experience one? There is the display that just shows us whether this person is an expert or not. And this display just comes from the mistakes and when you learn better from them, you advance to an expert level. Don’t take your loss as a matter of defeat, learn from it.
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October 13, 2017, 01:23:25 PM
 #1596

shapeshift.io ?
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October 13, 2017, 01:48:47 PM
 #1597

shapeshift.io ?

Shapeshift is a website where you can buy some coins without having to register. To be honest, shapeshift takes a lot more time than trading sites, plus, their fee is even more. You can't trade right away in that website unlike in actual trading sites. I advise that you do trading in an actual website and do shapeshift.io only if you need one quick trade (although not really quick).

You can trading shitcoin if only have small amount Cheesy
Because shitcoin if pump get 4-10x  Grin

Shitcoin requires little movement for you to get 4x multiplier. Let's say for example a coin has a value of 40 satoshis only have to become 160 satoshis each to have a 4x movement. The larger the price of a coin is, the more absolute numbers is requires to be a multiple of something. ETH is 0.057BTC at the moment and it needs to be 0.228BTC to have the same 4x multiplier. We all know that 0.057BTC is so far from 0.228BTC.

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October 13, 2017, 02:05:03 PM
 #1598

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

start trading on altcoin with the principle of buying when the price is low and selling when the price goes up but you have to be patient and do not panic if the price goes down and all there is also the risk so keep learning
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October 13, 2017, 02:06:21 PM
 #1599

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more
I think thats normal for a newbie to make mistakes and every mistakes you will learn something so the next time you trade, you are aware of how it goes. before i started to trade i study the dos and donts, with a small capital i bought a coins that has potential and listen to my friend who teach me how to trade.
Unless you are a genius, extremely talented or a lucky person we are all going to make mistakes when we trade, the issue is what we do once we make those mistakes, many people never learn from them and that is why you always see them making the same mistakes over and over again, but if you learn from them you can progress to the point you become a successful trader.
How can you differentiate between a normal trader and an experience one? There is the display that just shows us whether this person is an expert or not. And this display just comes from the mistakes and when you learn better from them, you advance to an expert level. Don’t take your loss as a matter of defeat, learn from it.
You're correct senior and most people don't know that making mistake is good but not learn from it or making something good out of it is the worse part.
Nevertheless, when you trade in a coin and you get NO as answer it means Next Opportunity. This remind me when cloak loose value I have to wait till this year before I get my money back.

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October 13, 2017, 02:42:14 PM
 #1600

trading is not easy as you will loose money before you will eventually gain some cash, but it all lies in your decision making skills, nothing more

thats so true! I dont think trading with a small amount brings any profit, if you you want to make any big profit you will need to invest big. better hodl and hope it will come up in price!
You can decide to use a small amount to learn if you wish and no one will definitely scold you. However, there are just some amounts considered to be extremely too small and would be rather kept in the wallet hoping for the day it would amount to something.

I started day trading at first with 0.02 and I was able to give it a 35.6% boost in my first month of trading which was something. When I hit a big amount, it was easy for me to start trading effectively rather than if I had waited to hit the big amount in the first place.

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