Noob trader. Need help

[CryptoEnthused]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

[dothebeats]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

USDT/BTC works well even in low amounts, so I'd probably go that route. There are insane gaps on prices day in, day out so you'd potentially make much profits on a volatule market compared to quiet, stable ones. Also, trade fees are 0.5%-1% on most exchanges, so nope, you wouldn't get ripped off on trade fees.

[CryptoEnthused]

USDT/BTC works well even in low amounts, so I'd probably go that route. There are insane gaps on prices day in, day out so you'd potentially make much profits on a volatule market compared to quiet, stable ones. Also, trade fees are 0.5%-1% on most exchanges, so nope, you wouldn't get ripped off on trade fees.
[/quote]

interesting, thanks for the idea. can you recommend where I can trade usdt/btc? I don't really understand what that usdt means

[DaMut]

there're a lot of places to do that trade,
USDT mean USD in digital form aka Tether.
you can check it in here :
https://coinmarketcap.com/currencies/tether/#markets

Transaction fees indeed 'quite' many,but it will only work whenver you do the transaction not the trade.
if you do the trade you will get something called 'Trading Fees',
so Transaction Fees only work whenever you're sending you money from Exchanger A to Exchanger B.
Trading Fees only for trading,and the majority will take around 0,5%~1%.

for now i suggest you to buy Bitcoin and hold it at least until the end of this year,
because if my calculation was right,we should see another bullrun until we're listed on CME

[Pursuer]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins?

when you want huge profit then you shouldn't be looking for stability!!! you should instead look for massive "upwards" movement or a big rise or as we call it a pump.
many altcoins are like this, but the question you should be asking yourself is that which is like this "now". then if you found such coin, invest in it and get the big profit.

you invest in bitcoin for a long term investment because it is a solid one and will give you profit in long term for sure. that is not true for any of the altcoins including eth.

as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

no, the trading fees are the same on the same platform. I don't know any exchange that charges different trading fee on different markets!!

[ditinhu]

The safest currency you can invest in is the bitcoin that produces impressive long-term profits.

Now, if you want to make a profit and earn a bigger profit, choose an altcoin that is still starting. Analyze the project and invest a good value, such as 50% of the value you own, for example, generating a very high profit.

The other 50% you can buy in bitcoin for guarantee

[marriams]

At the beginning I would stay with stable currencies like BTC, ETH etc. After a lot of research and monitoring you can step in with the others looking for those 10X 

[Jombitt]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Stable coins are bitcoin and ethereum, it is the most recommended coin for trading of a beginner like you. Stay away from shit coins if you dont want a headache Even if you don't get too much profit because their value is already at high stage, still i'm confident that my trading is safe with bitcoin and ethereum.

[Xenrise]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Well, it is best if you try to join in some groups of signals. In there you can get some signals regarding on what good altcoin to buy. For easy profit. In two to three days you can double or triple your 100 USD.

[erickkyut]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Yes the transaction fees are quite high and it is killing the traders with low capital. I suggest that you invest your money in a good ICO and wait after a few months or in a year. Coins from ICOs are really profitable to hold. Examples are Ark and IOTA. They shows a massive growth since they were released in the market. All you have to do is research on what is the best and profitable ICO for long term.

[CryptoEnthused]

there're a lot of places to do that trade,
USDT mean USD in digital form aka Tether.
you can check it in here :
https://coinmarketcap.com/currencies/tether/#markets

Transaction fees indeed 'quite' many,but it will only work whenver you do the transaction not the trade.
if you do the trade you will get something called 'Trading Fees',
so Transaction Fees only work whenever you're sending you money from Exchanger A to Exchanger B.
Trading Fees only for trading,and the majority will take around 0,5%~1%.

for now i suggest you to buy Bitcoin and hold it at least until the end of this year,
because if my calculation was right,we should see another bullrun until we're listed on CME

So that means I can trade btc, say, 100 times but within an exchange I will not pay any transaction fees, I will only pay them if I decide to move those btc from exchange to my wallet?

Thanks for suggestion, I'm not gonna trade right now. I still know very little. So I need a month at least to learn a thing or two about trading

[CryptoEnthused]

when you want huge profit then you shouldn't be looking for stability!!! you should instead look for massive "upwards" movement or a big rise or as we call it a pump.
many altcoins are like this, but the question you should be asking yourself is that which is like this "now". then if you found such coin, invest in it and get the big profit.

Good advice, though I don't think I can make it right now. Most probably I will lose it all. I wanna try something less risky for now

[btctube]

USDT is just there just so you won't be losing USD when btc is falling and then again buy back when the price starts to climb up again. a Newbie has gotta be careful to pick which exchange to trade, it always matter putting your balances in trading and funding account.

[p3ppymon]

Assuming you want to trade the whole amount, I will not recommend usdt/btc pair as you might not get a high return. I will suggest to go for a strong altcoin with high volume. Or you can go for a low volume, high spread pair which will return more percentage wise.

[Sasuke102001]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Maybe if you want to go for something less risky to invest in, you must invest it in Ethereum I would say. Ethereum has potential to grow more in value in the near future. Many say it can grow like bitcoin had grown in the past years. Ethereum would be somewhat a safe bet now its value is somewhere near 320$. Most important if you are ready to forget your investment for some time I mean you have to be patient if you invest in Ethereum because the longer you can hold it the more profit you can get out of it.

[aardvark15]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

You don’t pay a transaction fee for trading. You just pay a small fee for the trade that is a percentage of the principle amount that you are trading, so it doesn’t matter how small your trade is. It’s not like trading in the stock market where you may have to pay $15 per trade no matter how much your trading. In this case you’re just paying less that 1% per trade. I think it might be somewhere between 0.15% and 0.25% per trade in the fees. You need to look at the particular exchange you’re interested in to see what there fees are.

[CryptoEnthused]

You don’t pay a transaction fee for trading. You just pay a small fee for the trade that is a percentage of the principle amount that you are trading, so it doesn’t matter how small your trade is. It’s not like trading in the stock market where you may have to pay $15 per trade no matter how much your trading. In this case you’re just paying less that 1% per trade. I think it might be somewhere between 0.15% and 0.25% per trade in the fees. You need to look at the particular exchange you’re interested in to see what there fees are.

That's great. thanks for the clarification. But how is this possible? miners process transactions on exchanges for free? can't understand that thing. or miners don't process them at all

[Aleister Crowley]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Well, it is best if you try to join in some groups of signals. In there you can get some signals regarding on what good altcoin to buy. For easy profit. In two to three days you can double or triple your 100 USD.

if you are willing to lose it all, trading is not the right place to get a quick profit, but you can try to switch to gambling .. because there are two possibilities that you can .. you get a big profit or you lose it all .. one of the keys is, you should not get carried away emotionally

[Mahanton]

Hi, everyone. let's assume I have $100 I can afford to lose, what can I trade more profitable, bitcoin or ethereum and other relatively stable altcoins? as I understand I need to pay big transaction fees every time I trade bitcoin, am I rigth?

Well, it is best if you try to join in some groups of signals. In there you can get some signals regarding on what good altcoin to buy. For easy profit. In two to three days you can double or triple your 100 USD.

if you are willing to lose it all, trading is not the right place to get a quick profit, but you can try to switch to gambling .. because there are two possibilities that you can .. you get a big profit or you lose it all .. one of the keys is, you should not get carried away emotionally

If you do try to read up on what op's asking then i would say he wont really go for gambling since he do mention about trading and suggesting him to play gambling isnt really good at all.I would rather choose up on losing all of my money on trading but i do make some learnings on it and would benefit me for longer runs compared on gambling itself. For $100 capital it would be hard on doing shorting because fees will kill you for sure and its better to invest or buy those amounts on altcoin.

[AndrewKrypto]

I'd start with BTC/USD as was said previously