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Author Topic: Altcoin trading  (Read 3701 times)
kellz111
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November 07, 2017, 09:32:49 AM
 #41

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November 07, 2017, 09:37:01 AM
 #42

I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins

You have to take into account the fees in sending bitcoin. Perhaps from your wallet to an exchange the fee is 0.001 BTC and BTC/USD now is around $7,200 so you have to spend $7.2 alone in fees. You can still trade with your remaining fund but it would be better if you have a higher amount. You can find earning opportunities in this forum. There are many of them like in the bounty section in altcoins. After accumulating a higher amount then you can start trading. Maybe if you accumulate around $200 you can start.

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CryptoWeNews
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November 07, 2017, 10:22:40 AM
 #43

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xenxen
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November 07, 2017, 10:40:06 AM
 #44

many altcoin that suitable for your fund just find the cheapest price of altcoin and wait for weeks to pump then trade.. or else wait for the new altcoin release im sure this is cheap and have potential to pump...

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metenjean
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November 07, 2017, 10:48:51 AM
 #45

I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
I dont think that will be enough for trading bitcoin but i think it will be enough if you're interested in looking for some altcoins. However i really dont recommended altcoins that have that kind of low prices as it might possess greater risk and you should also consider the risk in it. There are lots of altcoins in etherdelta.com that ranging from a few cents till a few dollars but you should always look for the possibility of the coin development  Grin
arseaboy
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November 07, 2017, 10:55:40 AM
 #46

I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
I dont think that will be enough for trading bitcoin but i think it will be enough if you're interested in looking for some altcoins. However i really dont recommended altcoins that have that kind of low prices as it might possess greater risk and you should also consider the risk in it. There are lots of altcoins in etherdelta.com that ranging from a few cents till a few dollars but you should always look for the possibility of the coin development  Grin
risking that amount to learned how trading works would be a good start, just go to etherdelta and buy some newly launched ico coins and wait for further development, if you are lucky enough it will just take some weeks or months and the value will explode when pumpers start doing their job, 14$ is not
that much to stress you if ever that your first time wont succeed.

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rafajunior99
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November 07, 2017, 11:37:33 AM
 #47

many altcoin that suitable for your fund just find the cheapest price of altcoin and wait for weeks to pump then trade.. or else wait for the new altcoin release im sure this is cheap and have potential to pump...

I guess they do not have to wait for Altcoin for weeks to start trading, because they just want to learn and know how to start trading, I think we should choose Altcoin already listed on the market, to avoid the big risk that will happen in the market.
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November 09, 2017, 10:06:02 AM
 #48

I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins

For altcoin trading with 14 $ capital could be but you will not feel the results obtained
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November 09, 2017, 10:32:18 AM
 #49

Your best off adding a bit more on that $14 , coz the transaction fee just to turn that money to ether or Bitcoin then send it to an exchange you will probably have less than a fiver.
Just do some research on the best strategies and amount to start with, otherwise good luck.
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November 10, 2017, 06:20:31 PM
 #50

I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
It will be enough if you are ready to lose all that you have. You are a newbie to the BTC field and I am pretty sure you are a newbie to trading and you just want to opt into trading just like that. It is not worth trading with honestly, unless you want to practice some of the skills you have learnt.

The best advice would be to keep growing the little you have, keep learning how to trade safely and effectively and when you are sure you will be able to trade well, and you have at least about $100, then you can give trading a try.
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November 11, 2017, 03:54:15 AM
 #51

People have started with less to start trading with, do some research and find the right coin. One that is relatively cheap and potential for a large pump, you could easily 2x/3x your money and you continue from there. Good luck.
At this stage, he might not really need a huge research as most of the altcoins are at their worst moments but he should not just make any mistake of trying to use them to buy shit coins. He can really be lucky like you have said to be able to get his coin increased in a short time but he still needs to be very careful so he does not end up making some emotional or greedy decisions at the long run.
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November 11, 2017, 04:47:10 AM
 #52

Altcoin is more volatile than bitcoin. You could do all your research, and believe in an altcoin all you want and even support your chosen altcoin's development and spend time and energy. When altcoin starting to go down it may really be very messy. I will advice you test the water before diving in.
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November 11, 2017, 09:04:24 AM
 #53

I think $ 14 is enough for you to start trading, because I think you are just starting out trading better not too much to start, because if you start with a huge capital, you will easily take high risks. , if you start trading without being accompanied by experts in trading. better try with the initial capital you have now, to know in advance about altcoin trading there.
For someone who is just starting to trade, I would not advise him to go ahead without at least some pretty good knowledge about trading, cause it is definite he is going to flop and end up loosing all the $14 and maybe just left with a $1 change at the end Grin ... It is just the truth. Imagine trying out this cash before the dips and then he panicked since he had no idea what to do next, what do you think would have happened to his funds?
 
He should not rush, take his time to learn well, and maybe grow it up to like $50 which by then, he would have had some knowledge and then he can start trying it out. Although, if he is good enough to trade now, he can use the dips of one of the alts to make some profit when they get pumped.
Trading is no doubt very much profitable thing but at the very same time, it is very much risky to get into trade. As fast as altcoin trading is concerned, I think that you should go for altcoin coin trading once you are having a very good experience in the field of trading.

It is because of the reason that altcoin is not that much trustworthy coin and its market price continuously changing with each passing moment. So you actually need to be very much careful while doing this.
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November 11, 2017, 12:11:43 PM
 #54

Its usually said that small amount is enough to start trading since if there is loss,it would be little.As your investment is small,you would be able to buy well established older coins.So,you would have to choose recently released coins which are performing well.But since your investment is low,your profits would also be low.So,as you get some idea and experience about this crypto market,invest a little more and continue trading.

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November 11, 2017, 12:19:18 PM
 #55

you can start
indeed you should start
if you dont start you can take progrees, just continue, tecnically there is no problem
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November 11, 2017, 01:00:02 PM
 #56

That amount is enough for learn altcoin trading, this amount is good if you just start to learn trading and if you still newbie in trading. Because trading without knowledge and good psikilogis just like gamebling. Altcoin trading is also risky so use money only afford to lose.
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November 12, 2017, 07:14:42 AM
 #57

It's enough to buy some cheap altcoins but not enough for big income. If you are new to trading I think $ 14 is enough to try trading practices
these are some interesting cheap altcoins XRP, Doge, XLM, Komodo, Waves
These are really some interesting altcoins at the moment. Definitely, he cannot buy all of them with all the $14 and he can just best choose one of them to invest in at this stage and he can make use of the charts to see which one is at its lowest presently and choose one of them.

I am not sure any of these coins can get worse than they already are which makes their position a very lovely one to buy in right now and eagerly wait for profit.
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November 12, 2017, 07:28:11 AM
 #58

That amount is enough to start learn in trading. First jump in trading its mean the money in risk. So always use money afford to lose is good money management. But to learn trading the key to get consistent profit is not by big amount of money but good psikilogis like patient and dont greedy.

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November 12, 2017, 08:08:17 AM
 #59

I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
Yes you can start trading with this much amount and invest in cheap altcoins with less return and moderate risk like dodge but you must have $300-$500 if you want to buy best available altcoins with high return.So save your $14 for other purposes and save up to sufficient amount and then start trading and yeild good return

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November 12, 2017, 09:32:41 AM
 #60

I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
You want to trade with altcoins you need to learn more experience, with that you also need to have a sufficient capital. I think the amount you are having is quite small, it may not be enough for you to make some big deals to earn a profit. But if you want to practice, learn knowledge, technique to have more experience then I think you can trade with that amount. If possible, you should earn a bit more Bitcoin from such tasks as joining the signature campaign, bounty program. Larger capital can make you better in the trade
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