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Author Topic: Altcoin trading with low budget  (Read 1583 times)
IliaNoz
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September 01, 2017, 07:51:34 PM
 #1

Hello, It's my first steps in Crypto World. Great Community, read a lot of useful stuff.
I want to start investing in currencies/assets.
At this time I'm low on budget, can invest max $400-500.
So investing in top currencies is not worth I think.
Which would be better to research solid cryptocurrency that already exists or invest this money into ICO-s (I know risk are high when we are talking about ICO)?
Or wait till I raise my funds like 1k or more.
I know on this budget long-term is a little stupid, so which will be better for the short-term period.
I have researched some of the projects , that I think is worth to invest. BAT, OMG, LISK, NEO.
Any advice will be helpful. Thanks in advance
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M0N3YMAGNET
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September 01, 2017, 07:58:08 PM
 #2

Lisk/Stratis are good projects to look at.
Alcarin
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September 01, 2017, 08:02:16 PM
 #3

None... and if you still want to... dont day trade.... choose 2-3 coins and buy them and then forget for 3 months, then check on 1st january how you did...

I would pick lisk, waves and pick like 3-4 NEOs just because i think they will easily go to 75USD+ this year.
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September 01, 2017, 08:04:36 PM
 #4

I started with $200, split between ETH and LTC. That quickly turned into $400, and so on and so forth. It hasn't been without losses, but I am happy that I started with a smaller amount. The thing about any type of investment is you never know what's going to happen next. Right now a lot of people are making a lot of money, but both ETH and BTC have crashed HARD in the past. With your $500 max I would recommend LTC for most of your investment. I'm currently in Storj, too. Kim Dotcom is releasing a new project that will be utilizing Storj. NEO should be a good pick up right now, it's fallen down to $32 and its been pretty steady after its initial price jump. Red Pulse will definitely increase NEO's value shortly, so I would say it's the perfect entry point. I would also recommend looking into SysCoin. I've also been invested in Golem for a while now, but that is more of a long term hold.
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September 01, 2017, 08:08:21 PM
 #5

If you want to double your fund in the next few days, invest in those coins for 3-10 days!

1. VOX
2. RADS
3. BAY
4. AMP
5. KMD
6. PPC
7. RDD
8. DOGE
9. EMC2
10. NXT

$40/each and exit from any coin when reach 20% profit, and use fund to buy coin not pumped yet!

Note: do your research and invest at your own risk!
Alcarin
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September 01, 2017, 08:23:21 PM
 #6

If you want to double your fund in the next few days, invest in those coins for 3-10 days!

1. VOX
2. RADS
3. BAY
4. AMP
5. KMD
6. PPC
7. RDD
8. DOGE
9. EMC2
10. NXT

$40/each and exit from any coin when reach 20% profit, and use fund to buy coin not pumped yet!

Note: do your research and invest at your own risk!

How do you make 2x profit in 3-10 days if you exit on all 10 coins as soon as you make 20% profit is beyond me but ok Smiley

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September 01, 2017, 08:46:42 PM
 #7

My opinion you can pick Waves , Ethereum , Litecoin and some Dogecoin , these Altcoin the price growing slow but sure.

skyline247
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September 01, 2017, 08:53:20 PM
 #8

My opinion you can pick Waves , Ethereum , Litecoin and some Dogecoin , these Altcoin the price growing slow but sure.

I would not pick Dogecoin the days of Dogecoin are long gone. Back in 2014/2015 it was big, but now it is going the way of the Dodo, sadly.



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IliaNoz
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September 01, 2017, 08:56:50 PM
 #9

None... and if you still want to... dont day trade.... choose 2-3 coins and buy them and then forget for 3 months, then check on 1st january how you did...

I would pick lisk, waves and pick like 3-4 NEOs just because i think they will easily go to 75USD+ this year.

So profit would be low, but this will be more safe yeah?
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September 01, 2017, 08:57:25 PM
 #10

Hello, It's my first steps in Crypto World. Great Community, read a lot of useful stuff.
I want to start investing in currencies/assets.
At this time I'm low on budget, can invest max $400-500.
So investing in top currencies is not worth I think.
Which would be better to research solid cryptocurrency that already exists or invest this money into ICO-s (I know risk are high when we are talking about ICO)?
Or wait till I raise my funds like 1k or more.
I know on this budget long-term is a little stupid, so which will be better for the short-term period.
I have researched some of the projects , that I think is worth to invest. BAT, OMG, LISK, NEO.
Any advice will be helpful. Thanks in advance

For a start it will be enough.

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IliaNoz
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September 01, 2017, 09:02:52 PM
 #11

I started with $200, split between ETH and LTC. That quickly turned into $400, and so on and so forth. It hasn't been without losses, but I am happy that I started with a smaller amount. The thing about any type of investment is you never know what's going to happen next. Right now a lot of people are making a lot of money, but both ETH and BTC have crashed HARD in the past. With your $500 max I would recommend LTC for most of your investment. I'm currently in Storj, too. Kim Dotcom is releasing a new project that will be utilizing Storj. NEO should be a good pick up right now, it's fallen down to $32 and its been pretty steady after its initial price jump. Red Pulse will definitely increase NEO's value shortly, so I would say it's the perfect entry point. I would also recommend looking into SysCoin. I've also been invested in Golem for a while now, but that is more of a long term hold.
Yeah, that's what I'm trying to achieve. Starting low and grow slowly. So what do you think splitting on 3-4 coins is better or all in on one coin?
What do you think about OMG
maeusi
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September 01, 2017, 09:05:13 PM
 #12

My opinion you can pick Waves , Ethereum , Litecoin and some Dogecoin , these Altcoin the price growing slow but sure.

I would not pick Dogecoin the days of Dogecoin are long gone. Back in 2014/2015 it was big, but now it is going the way of the Dodo, sadly.
Dogecoin is just going up again and is good to transfer Bitcoins fast and cheap indirectly. But you are right, its to risky to invest into doge.
400$ is large enough to create a good portfolio of wellknown cryptos. I would take Bitcoin for half amount and the rest for wellknown altcoins like for example Ethereum, Dash, ZCash, Litecoin and so on and ICOs of promising projects with innovative or social projects like Solar DAO Coin or CareCoin. You can find many helpful infos about ICOs here in altcoin section.


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IliaNoz
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September 01, 2017, 09:16:01 PM
 #13

My opinion you can pick Waves , Ethereum , Litecoin and some Dogecoin , these Altcoin the price growing slow but sure.

I would not pick Dogecoin the days of Dogecoin are long gone. Back in 2014/2015 it was big, but now it is going the way of the Dodo, sadly.
Dogecoin is just going up again and is good to transfer Bitcoins fast and cheap indirectly. But you are right, its to risky to invest into doge.
400$ is large enough to create a good portfolio of wellknown cryptos. I would take Bitcoin for half amount and the rest for wellknown altcoins like for example Ethereum, Dash, ZCash, Litecoin and so on and ICOs of promising projects with innovative or social projects like Solar DAO Coin or CareCoin. You can find many helpful infos about ICOs here in altcoin section.
So buy $200 BTC, $200 different altcoins. Hodl it for 2-3 month or longer, sell it when it's high and reinvest funds into new currencies ?
What you think about BAT?
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September 01, 2017, 09:25:15 PM
 #14

Well if you dont have too much funds (less than $2k) then you wont take much profit from your trades.
But if you only trade with a pair you can easily earn 0.01 every day with a minimum pump, that is if you trade...
So if you are going to hold coins, then you can start with any amount and you will have a lot of profit in the future.
My suggestion is that if wait a little more, and hold as much as you can right now.

For low budget holding is more profitable that trading ? I was thinking opposite..
DigitalLemming
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September 01, 2017, 09:33:56 PM
 #15

I started low budget also. Start doing some research on some of the smaller market cap coins. Find one you believe in than purchase and hold. The ways things are going You'll probably double or triple real fast and can branch out from there. Also don't disregard the top coins, they are still doubling all the time.
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September 01, 2017, 09:38:46 PM
 #16

I'm currently in Storj, too. Kim Dotcom is releasing a new project that will be utilizing Storj. NEO should be a good pick up right now, it's fallen down to $32 and its been pretty steady after its initial price jump.
The problem I have with this: every small project is suddenly valued at a billion dollar when it releases a token.
A starting company needs money. Maybe 100k. Maybe a million for a very big plan. Ten million can pay 100 employees for a year. One hundred million can create many products.
A startup with 2 people is not worth a billion. End of story.
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September 01, 2017, 09:43:49 PM
 #17

I started low budget also. Start doing some research on some of the smaller market cap coins. Find one you believe in than purchase and hold. The ways things are going You'll probably double or triple real fast and can branch out from there. Also don't disregard the top coins, they are still doubling all the time.
What you call small market cap ? under 10 mil? under 50 mil ?
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September 01, 2017, 09:50:45 PM
 #18

Hello, It's my first steps in Crypto World. Great Community, read a lot of useful stuff.
I want to start investing in currencies/assets.
At this time I'm low on budget, can invest max $400-500.
So investing in top currencies is not worth I think.
Which would be better to research solid cryptocurrency that already exists or invest this money into ICO-s (I know risk are high when we are talking about ICO)?
Or wait till I raise my funds like 1k or more.
I know on this budget long-term is a little stupid, so which will be better for the short-term period.
I have researched some of the projects , that I think is worth to invest. BAT, OMG, LISK, NEO.
Any advice will be helpful. Thanks in advance
You should start investing as much as you can afford. You don't need to be buying 1 whole coin to start making profits. Invest on smaller fractions of coins which have good potential. Don't forget about opportunity cost. You will be missing out the potential gain if you wait to raise your funds to 1k.
Also beaware of users who will encourage you to invest on some shit coins. They are from pump/dump groups wanting to make some quick profit.


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Adbota
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September 01, 2017, 09:54:18 PM
 #19

Interesting i will advice you to invest in Adbota if you ant to join crypto millionaires

Adbota is alt for google adsense that will be raising money through Ethererum smart contract, our goal is to change the way ads and content are been consumed online by users.
Adbota is going to be the new way to buy and sell ads online and is a game changer.  
Advertisers will get value for their money. publishers will have more reason to enrich their content.

This is Adbota pre-ICO to prepare for the main ICO.
We are offering 10 million coins at the rate of 1 ether for 5000 token through ethereum smart contract. Total Tokens will be 100 million tokens and 50 million Tokens will go to main ICO. The main ICO will go for 1 ether for 1200
The 10 million Tokens will be used to start the first face of the project to prepare the road map, prepare the main ICO and promote the ICO in a big way. Only 50 million token will be in circulation for about 2 years, other tokens will be moved to the market as soon as there is need to raise money for more projects to give value to our products and your investment.
  
Read more at https://bitcointalk.org/index.php?topic=2138527.0
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September 01, 2017, 09:58:25 PM
 #20

If you want to double your fund in the next few days, invest in those coins for 3-10 days!

1. VOX
2. RADS
3. BAY
4. AMP
5. KMD
6. PPC
7. RDD
8. DOGE
9. EMC2
10. NXT

$40/each and exit from any coin when reach 20% profit, and use fund to buy coin not pumped yet!

Note: do your research and invest at your own risk!

How do you make 2x profit in 3-10 days if you exit on all 10 coins as soon as you make 20% profit is beyond me but ok Smiley



you can do that, since you invested into 10 altcoins. And every 20% Profit you take it
and if the 10 altcoins you bought had 20 % profit so you already double your initial balance

for Doge i think the rate will be a bit hard for the price to increase

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