How do I start out trading with $200?

[Farma]

Of course, I can. there are even people who start trading below that amount. well, I've also done trading with less amount of it to try and try. with the amount of $ 200, I think you can make a pretty good profit. you can start by sending the money you have to a trusted exchanger.

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[srmecdes]

you can think ZERO.. probably it will be follow zcl way.. you can try..

[anjohyx]

Actually it's only small amount for crypto trading, don't forget coin transfer fee, exchange trading fee, so you only can choose 1 or 2 coin to invest, choose below $0.1 Cryptocurrencies ,  Anyway, top up more investment fund if you can

[vk279]

I want to start out trading altcoins but don't know where to start.  I don't have much money because I am a student.

Should I put my money in low cost coins such as NEM or should I put it in higher cost coins such as litecoin?
Should I spend $10 on each coin? $20?
Should I try a few ICOs?

Any help would be appreciated, thank you

If you are a beginner, trading might be a difficult task.
You might need a little more for ICOs may be.  Your best option is to buy individual coins.  Right now Cardano, Achain, Quantstamp, Verge are cheap and have very good potential.
Or you look into Crypto Funds like Bitwise or Crypto 20.  Take a look at Coincube where you can invest little at at time, which is connected to your account on Binance with automatic balancing, but remember Index funds are for long term investing.

[Anita1873]

Firstly you have to gain some knowledge by study this forum properly. You will required to know about trading and also everything about crypto currencies. If you  will start trading after brief study then there will be low chances of a wrong decision, because without adequate information trading may be wipe out your all money.

[Julia1992]

I would advise you to start small. without experience and certain knowledge, you can make mistakes!
I support all of the above. Do not rush! little by little everything will turn out!

[sorehammer]

I think before trading you should study the history of coins in which you are interested,study their charts,see market cap.With this amount you should make investment in those coins whose value is below $1 like XRP,ADA,IOTA and also observe other coins with small value get handsome amount of these coins,make short term investment because these coins are good for short term investment,reinvest your profit into BTC,ETH and hold your investment for long run.Make effective investment strategies,so that with less amount you get high return.

[Riga]

If you do not have experience in trading, you can invest in reliable coins and keep them. It seems to me that this strategy is most acceptable for beginners.

[DemLom]

Of course, it's better to work in companies and earn a variety of coins. One can not be sure about 100 percent of which coin will fly up tomorrow and fall.

[kaineh]

Of course it would be better to buy bitcoins two years ago for a couple of thousand dollars, but it's not too late to start investing in crypto currency

[dmitpetrov]

I think it is better to divide your money and invest in some altcoins and wait for the pump. But if you want more profit, then invest in ICO.

[shams]

200$ is a small amount to start trading with I will recommend you to invest some more before start trading or if you have this small amount I will recommend you to buy a coin with low prices like ADA, MANA or RDD coin because they are still very much undervalued and they have a scope to grow big in future.

[iBlitz22]

Trading is like investing, you have to be ready to take the risk of what might happen if you trade it in a wrong way but experience is always the key to success. You have to be careful at first because spending money and not being sure if you will earn something is really hard therefore before you decide on trading you have to do further research specially to the people that already have better experience when it comes to trading crypto.

[johnwayne33]

what is the best amount to start with in order to make decent profit on trading? is there a particular amount or does it depend on me or my skills?

[hdtqisg]

I want to start out trading altcoins but don't know where to start.  I don't have much money because I am a student.

Should I put my money in low cost coins such as NEM or should I put it in higher cost coins such as litecoin?
Should I spend $10 on each coin? $20?
Should I try a few ICOs?

Any help would be appreciated, thank you

With $200 you need to start out trading with more coin on exchange!
But you need more to get daily profit!
You only to try trading

[sazon84]

When I had $ 200, I did not buy expensive coins.  I bought 4 cheap coins.  At that time it was strat, edg, waves, bella.  And a month later they gave good growth.  Then I bought another 4 coins for profit.  And so I expanded my portfolio.  Each person can have his own strategy.  The main rule, if you want to increase your capital - not deduce profit on your expenses for the first 6 months.  And all the profit that you will get  - to invest further.  And it is desirable every month to add at least a small amount of investment.  Then you can achieve a significant increase in profits through 6-12 months.

[artiommatvienko]

I want to start out trading altcoins but don't know where to start.  I don't have much money because I am a student.

Should I put my money in low cost coins such as NEM or should I put it in higher cost coins such as litecoin?
Should I spend $10 on each coin? $20?
Should I try a few ICOs?

Any help would be appreciated, thank you

Hello my dear friend, I think you play the lottery, that would be good to earn, you should make an investment portfolio, so that the risks were minimal, and investing money at least in a cheap coin you can not earn much, but you can lose everything.

[Golubhargava]

I want to start out trading altcoins but don't know where to start.  I don't have much money because I am a student.

Should I put my money in low cost coins such as NEM or should I put it in higher cost coins such as litecoin?
Should I spend $10 on each coin? $20?
Should I try a few ICOs?

Any help would be appreciated, thank you

Hello my dear friend, I think you play the lottery, that would be good to earn, you should make an investment portfolio, so that the risks were minimal, and investing money at least in a cheap coin you can not earn much, but you can lose everything.

$200 is a very good amount to start trading but it only depends how you were spending your money and where you were spending i prefer alt-coin its has a very good potential

[Kallipso]

I want to start out trading altcoins but don't know where to start.  I don't have much money because I am a student.

Should I put my money in low cost coins such as NEM or should I put it in higher cost coins such as litecoin?
Should I spend $10 on each coin? $20?
Should I try a few ICOs?

Any help would be appreciated, thank you

First, study the market and understand which coins both in price and in future growth will be promising for you, many people can knock you out of the way by giving the wrong advice. And do not invest for a short time, then you will lose more than get.

[currencydesigner]

If you need to trade first you have to learn about the facts before invest. Now you can invest your 200$ with bitcoins.I'm trying to say is to do research after that to verify the information given and to know more about it.