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Author Topic: 100 usd enough to start trading ?  (Read 5996 times)
South Park
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September 06, 2018, 08:04:02 PM
 #121

A few years ago you could get huge bucks with $ 100 capital. You can still earn money today with some luck and good trading methods. I hope you luck out and you will succeed. It is not impossible but not easy too. You will start only with 0,014 BTC. (est.)
Yes, I remember those days as well even 100 dollars could have been enough to make you a lot of money if you invested in ethereum or other coins like that, but right now 100 dollars is nothing, you can use that to practice your abilities as a trader or as an investor but no one should expect to make any kind of significant amount of money out of a capital that is so small.
tekinekan98
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September 06, 2018, 09:09:38 PM
 #122

I think it's best to invest this money in new altcoins or altcoins from the top 100 that are worth cents.

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September 06, 2018, 09:15:59 PM
 #123

Yes, it is enough for you to start trading. But your profit will depend your trading knowledge and luck. If you going to trade 1st you must get a good idea the behaviour of the market. Unless surely you will have to face some losses.
ylnar123
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September 06, 2018, 09:18:53 PM
 #124

I have 110 $ ...witch crypto is best to start trading with a small amount as 100 $ actually i'm in etherium ... i see a verry small progress .. is there another crypto more profitable and faster with 100 $ ?!?!?!?!?!?!?

Crypto is totally unpredictable, do not expect too much in it . If you want your $100 to grow faster then you might as well include investing in ICO. Though it's too risky to put money in ICO but it's worth it when their project is successful.

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September 06, 2018, 09:20:35 PM
 #125

100$ is okay for a bigginer like you, start trading small by small with some altcoin, especially those ones that are cheaper for now, with a mont you can multiply that money, but you can as well lost everything. So, take it easy, you know you are a newbie.
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September 06, 2018, 09:22:01 PM
 #126

you can trade any coins playing on the price difference. it is best to try new coins they can give multiple profits.
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September 06, 2018, 09:24:13 PM
 #127

I have 110 $ ...witch crypto is best to start trading with a small amount as 100 $ actually i'm in etherium ... i see a verry small progress .. is there another crypto more profitable and faster with 100 $ ?!?!?!?!?!?!?
Yeah, 100$ isn't a bad amount to start trading but you must be guided by the risk involved in trading, as money could be made trading so also you can lose your money.

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September 06, 2018, 09:28:35 PM
 #128

My friend trader believes that now is a good to buy the ETH, I have not yet decided and are waiting for prices below 200.

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September 06, 2018, 09:29:08 PM
 #129

it is necessary to monitor a lot of coins on the stock exchange to trade and play on the price difference. especially now when prices are falling is quite difficult to find coins that would have grown in price.
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September 07, 2018, 01:45:29 AM
 #130

Go for ethereum, it's cheaper and the price isn't moving and breaking to $300.

Before it breaks that price then you better start buying now. But if you think that there's no progress so far on Ethereum, why not just buy bitcoin and keep on watching as its value grows higher and higher?

Good suggestion for ethereum and bitcoin but it's good for long term investment. $100 is enough to start trading a newbie like you but before entered in trading you should know that it's too risky and it may cause of loss if you don't know how to control your emotions.
Bitcoin has been the best choice for long term investment in cryptocurrencies as you know. $100 is enough for someone that's still starting and learning the fluctuations in the market. It's good amount to learn more and get used to the market's movement. $100 would be very worth for the experience that awaits a newbie.

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September 07, 2018, 02:02:55 AM
 #131

Yes, 100 dollars can be added to the encryption world, but the profits obtained are limited. I think you can invest in some altcoins, because the altcoin has a huge increase, and the profits are more than the investment in bitcoin and Ethereum.
kalyanbharadwaj
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September 07, 2018, 02:11:02 AM
 #132

100 USD is good amount to start. I think you are new trader so you should start with small amount first. Make some small trades and learn how the market works, draw out your trading strategy, trading experiences, top loss, get profits. It's a long and hard process. Start trading with bigger amount when you feel you can follow the market flow and make profits.
I agree with you, when you are not familiar with the trade should start with a small number of new altcoin! When you have more experience, raise your capital to make more money!
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September 07, 2018, 02:14:42 AM
 #133

I know people who started with $100 and turned it into $10,000. But this was back in 2017 and the internet hyped definitely helped. It might be a lot tougher now. This might not be the best advice, but try to take a bit of risk. The only thing you need is to find two coins that'll do X10. Follow this guy: https://twitter.com/Pacoiin
He used to have a excel sheet for risky high return coins. ask him about it he's very nice.
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September 07, 2018, 02:16:12 AM
 #134

It is enough. But you need to buy really low priced coins like the new ones in order for you to buy more coins or tokens. And you have to make sure that, that project is really good and have the capability to grow in the future. Since its low priced coins, you should do long-term hold.

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September 07, 2018, 02:21:37 AM
 #135

Yeah i think 100$ is enough to start then just use 10% of it for each trade to avoid losing so much Smiley Wish this advice helps!

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QueenW
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September 07, 2018, 02:24:59 AM
 #136

This amount is small, but still you need to start somewhere. In your place, I would now look at promising coins with low capitalization. Now is a good time to buy and over time, 100 dollars can turn into 1000.

 
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September 07, 2018, 02:42:06 AM
 #137

I have 110 $ ...witch crypto is best to start trading with a small amount as 100 $ actually i'm in etherium ... i see a verry small progress .. is there another crypto more profitable and faster with 100 $ ?!?!?!?!?!?!?

When I was new at crypto market, I also invested a small amount.
I think we need to learn & get more experiences before increasing the budget... unless we want to lose big.
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September 07, 2018, 03:13:28 AM
 #138

Many variables determine the success of a trader, and one of the most important is the strength of capital. One of the most widely used strategies for traders is gradual purchases, and reserve capital when the market is at a support point, so maybe $ 100 won't be effective enough to execute all strategies. So it might be better for you to buy coins / tokens and hold them for the long term.
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September 07, 2018, 03:13:35 AM
 #139

Please buy your money with an altcoin that has just finished ICO and is only traded in the exchange. Because usually the price is definitely going down dramatically, for example, please buy IMT tokens
how sure are you with IMT ?, I also have a BMI but I am pessimistic to see the price is far from the ICO price. I am still confused as to what caused it to happen. as we all know IMT reaches hardcap sales but the price is not as imagined when first listing in the market
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September 07, 2018, 03:20:09 AM
 #140

If you have the trade coin skill, then just $ 10 you can also earn big profits. But if you are newbie then the $ 1000 you will also lose all, the general need to learn trade skills first
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