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Author Topic: Altcoin trading  (Read 3752 times)
haroldtee
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November 06, 2017, 04:33:07 PM
 #21

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.
darthmaul
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November 06, 2017, 04:40:48 PM
 #22

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 could be enough investment for those coins which are having really really less volume of trade and as fast as I know I have bought SCL coin and KICK coins at the rate of $0.20 and $0.05 the lowest. There are lot many more but we have to look for good coins as well so I'm speaking about these two specifically. So with you calculation you can get 100's of these coins and what for them to launch with higher prices. For example, SCL is going to hike more than $4 in the next quarter of 2018 which mean your investment could go 300-400% higher and immediately you will have couple of hundred dollars in your wallet.

Thats the way whole thing woks. So try it, nothing is impossible. :-)

 
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malikusama
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November 06, 2017, 06:15:12 PM
 #23

If you are not yet familiar with the market and don't have any previous experience than it is somehow ok to start with this because to invest large amount without having knowledge of market and experience you may loose your entire investment. Go with buying some cheap altcoins and start trading them, with the passage of time increase your investment when you are confident enough in trading.
Dart18
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November 06, 2017, 07:22:53 PM
 #24

You know to yourself that it is a little right?
You cant yet. You will just be wasting it through transaction fees and you will have a little to earn if ever it will be allowed.
Try to make more while learning about trading. Dont rush it. It will wait for you.
skyline247
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November 06, 2017, 07:55:35 PM
 #25

That is certainly not enough to do anything with. You might as well hold that in BTC as that will be worth a hundred in 5-10 years and will be thousands in 20-30 years. Altcoins are on the way out anyways as Ethereum is switching to PoS and will implode and this is where alts get all their value from. Monero and Litecoin will hang around for a while, but that's it.
f1st1y@rt3
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November 06, 2017, 10:32:21 PM
 #26

I started with $ 20 two months ago, is little capital, I do not win or lose much but it has helped me to adapt to trading strategies to know the market and to think about my own formula to trading
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November 06, 2017, 11:08:32 PM
 #27

If you are not yet familiar with the market and don't have any previous experience than it is somehow ok to start with this because to invest large amount without having knowledge of market and experience you may loose your entire investment. Go with buying some cheap altcoins and start trading them, with the passage of time increase your investment when you are confident enough in trading.
That's so easy to loss their money for those are not having any knowledge in trade. Remember the patience will be better rather than cut loss your investment, to start the trade with low amount will be more preferable for the newbies. In my experience at the first time of my trade. I was getting dump by the whale instantly. and i was feeling panic and try to cut loss my portfolio but the price jump again. Start with very little amount to decrease our loses.

ajiejot
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November 06, 2017, 11:25:10 PM
 #28

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 can use it to buy altcoins with undervalued price. And my advise is you can hold the coin you bought. Or much better if you hold that 14$ in bitcoin. But if you want to enter in trading of altcoins, you can use the short term method. There are many ways on trading altcoins. Good luck.
mostkey
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November 06, 2017, 11:27:32 PM
 #29

It will be not enough. You need at least $100 or $500 i think for starting.
Save your $14 for something else
$ 14  is too minimal to make altcoin purchases. because the purchase of altcoin is in say with a minimum limit, yes at least $ 100 you should have to do the trade, maybe the profit will result in greater if successful with altcoin trading
cardoyasilad
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November 07, 2017, 01:01:00 AM
 #30

It will be not enough. You need at least $100 or $500 i think for starting.
Save your $14 for something else
$ 14  is too minimal to make altcoin purchases. because the purchase of altcoin is in say with a minimum limit, yes at least $ 100 you should have to do the trade, maybe the profit will result in greater if successful with altcoin trading
I think you're missing his point the $14 he was trying to say is for yourself or emergency purposes not for altcoin purchasing but i have friend he start with $20 and make it $400 after 2 months

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moynul2050
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November 07, 2017, 01:12:07 AM
 #31

More you join in ICO campaign then collect some coins to be exchanged with BTC. I do the same thing.
save your BTC 0.2 BTC I think that's enough to start a trade.
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November 07, 2017, 04:58:26 AM
 #32

More you join in ICO campaign then collect some coins to be exchanged with BTC. I do the same thing.
save your BTC 0.2 BTC I think that's enough to start a trade.
according to my opinion altcoin trading is best for those people who want to invest less money now and get enough profit in future and i want to suggest them that their some altcoins which are very best for investment not all because some altcoins have no value in market due to the low interest of people.
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November 07, 2017, 05:24:35 AM
 #33

like you said you are a newbie in trading your $14 is enough to start as a newbie... just study first in small amount then when you know at all just put big amount like $100 make sure you study will...
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November 07, 2017, 05:25:59 AM
 #34

Yes, you can. Because I started $ 5. Now it's $ 500.
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clarkt
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November 07, 2017, 06:53:34 AM
 #35

Altcoin trading is not profitable when bitcoin is rising. i have tried couple of times all i got was been depressed. Altcoin has better potential for amazing yield if it is bought and traded systematically. Aside from this you may lose everything in altcoin trading because altcoin still depend on stability of bitcoin.

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November 07, 2017, 06:56:33 AM
 #36

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
The amount of money you have is really not big so it is important to invest in price low altcoin, even though it is risky but the profit is big.
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November 07, 2017, 08:35:29 AM
 #37

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

Amount is a factor but as you were saying (you are a newbie), then first learn how cryptocurrencies trading work or learn what is this technology and why people are trading altcoins. You can surf the web on how to trade cryptocurrencies, now mentioning that you need to create accounts on trading sites, fees on transferring currencies or some knowledge in the interface of the trading site or else you might click the setting of prices there.

Research + time = experience and knowledge
You can trade that amount but that won't be able to keep you in the long run( especially for first timer traders)
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November 07, 2017, 08:53:38 AM
 #38

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 are really giving meaning to the old saying here that "invest want you can only afford to lose". Anyways, to put you in perspective, it looks like its really a small capital, so don't expect a big returns which such investment. Although there are a lot of quite cheap coins out there, specially that altcoin is bleeding to death because of investors giving it all in bitcoin, it would give you a good yield in the in. The only positive thing that I can think of is that with a small capital, you will try how the market works and will give you valuable experience a long the way.

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November 07, 2017, 09:02:58 AM
 #39

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 think you can get in $ 40.
start gradually so you can understand everything.
You must be smart to apply the right strategy.
If you are a patient and mature person, then you will begin to love trading in digital currencies.
gradually lah sehinnga you understand true, because you need time and can not be instant.
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November 07, 2017, 09:31:45 AM
 #40

Which amount of money would you guys think would be interesting to start with ?
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