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Author Topic: Can I start scalping with a 500$?  (Read 591 times)
EagleTrade
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May 29, 2019, 02:01:19 AM
 #1

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
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May 29, 2019, 03:52:16 AM
 #2

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
To get the highest profit in 2 months, you can invest in LTC now. Because of the upcoming halving event and bull run signs, you will see its price x2 or even x2.3 in the next 2 months. This is a good opportunity for you to buy a large altcoin with great and safe returns.
But you should start learning about trading and learn more about technical analysis. asking others about good deals will never work well. Please understand it and control your portfolio. Wink

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May 29, 2019, 05:09:13 AM
Last edit: May 29, 2019, 02:01:49 PM by pakhitheboss
Merited by sbogovac (1)
 #3

This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or on the total balance of $500 (which ever you reach first) cash out.

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May 29, 2019, 05:09:34 AM
 #4

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
With testing strategies, the risk is certainly much higher than the success rate. If you want to try, I will give you a potential token that will x3 or x4 in the future.
WPP is an energy business and they are doing their job very well. Their ITO has attracted more than 59 million dollars and now its price is very cheap. Huobi global and Binance are waiting for approval. coming, they will list on IDAX and Coinbene. a great project and this is a great opportunity for you.

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May 29, 2019, 12:15:37 PM
 #5

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
To get the highest profit in 2 months, you can invest in LTC now. Because of the upcoming halving event and bull run signs, you will see its price x2 or even x2.3 in the next 2 months. This is a good opportunity for you to buy a large altcoin with great and safe returns.
But you should start learning about trading and learn more about technical analysis. asking others about good deals will never work well. Please understand it and control your portfolio. Wink

I'll consider that , but can it reach 300$ in 2 month? I don't think so.
however when will that halving occurs? 
EagleTrade
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May 29, 2019, 12:17:59 PM
 #6

This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or the total balance of $500 (which ever you reach first) cash out.

to be honest I'm not a fan of multi coins trading . I pick another coin with BTC and trade it. now I'm trading in BNB.
whats your opinion in XLM ?
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May 29, 2019, 12:22:31 PM
 #7

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?

Binance platform is a good place to start trading because it has a good volume with a lot of trading pair to trade and a $500 capital is not bad to start doing scalping however its hard to double your capital with a short period of time maybe you need a certain time if make some mistake doing trading dont easily give up becuase learning is the best way to gain profit.

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May 29, 2019, 12:25:38 PM
 #8

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
With testing strategies, the risk is certainly much higher than the success rate. If you want to try, I will give you a potential token that will x3 or x4 in the future.
WPP is an energy business and they are doing their job very well. Their ITO has attracted more than 59 million dollars and now its price is very cheap. Huobi global and Binance are waiting for approval. coming, they will list on IDAX and Coinbene. a great project and this is a great opportunity for you.

I'll search that , thank you my friend  Smiley
EagleTrade
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May 29, 2019, 12:28:18 PM
 #9


Binance platform is a good place to start trading because it has a good volume with a lot of trading pair to trade and a $500 capital is not bad to start doing scalping however its hard to double your capital with a short period of time maybe you need a certain time if make some mistake doing trading dont easily give up becuase learning is the best way to gain profit.

I'm already trading now on binance but not scalping way.
my question is this amount can be doing well with scalping ?
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May 29, 2019, 12:58:48 PM
 #10

There are some good day trading diary threads right here on this section, just go a few pages back to find them.  One guy was able to make consistent 1-2% profits daily but he hasn't been active lately.  Also decide if your main goal is to increase your btc amount or the dollar amount.
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May 29, 2019, 01:21:42 PM
 #11

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
You’re risking your money, how can you do scalping if you don’t know how to start?
Better to learn more about scalping because short term trading is not that profitable and if its just a small money then trading fees will just take that money slowly. Use the most active exchange and go look for an active coin also.

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May 29, 2019, 01:21:48 PM
 #12

If you want to double it you don't need to scalping strategy, just search a good high cap coin like LTC and market buy it till it reach 2x from your investment. Holding is simply the best strategy for newcomers.
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May 29, 2019, 01:30:00 PM
 #13

Doubling your capital with a short period of time is not easy even earning a 2% profit daily you need to understand first the rules trading buy low sell high then try to learn some basic indicator your trading capital can start doing scalping but dont all in every time you trade on any trading platform this is important to find a reputable and secure trafing site.

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May 29, 2019, 01:42:58 PM
 #14

I'm already trading now on binance but not scalping way.
my question is this amount can be doing well with scalping ?

What do you mean by scalping? Usually scalping means trading the 15 minute or 5 minute time frame chart. It can be any trading pair. Since you are on binance, you can trade BTC/USDT or a similar pair. But you have to know technical analysis, to tell you when to enter and when to exit. And you do that several times a day. On binance you cannot short, so you are very limited to taking only long positions. You can probably switch to Bitmex where you can go long and short. 
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May 29, 2019, 02:06:49 PM
Last edit: May 29, 2019, 04:44:04 PM by pakhitheboss
 #15

This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or the total balance of $500 (which ever you reach first) cash out.

to be honest I'm not a fan of multi coins trading . I pick another coin with BTC and trade it. now I'm trading in BNB.
whats your opinion in XLM ?

I am not a big Fan of Monero and since your requirement stated that you need to 2x the amount within a period of 2 months, I recommended this option. if you have already invested in BNB most of your requirement will be taken care of.

Still I would recommend you to buy Cardano, read this article to know why?

https://www.investinblockchain.com/cardano-ada-explodes-after-recent-promising-announcements/

This my personal opinion. DYOR before investing in Cryptocurrency

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May 29, 2019, 02:20:54 PM
 #16

Yes you can open an account for trading crypto-currency with $500 or less. For trading though, it takes $5,000 minimum balance to get serious.
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May 29, 2019, 02:37:37 PM
 #17

Hmkay, never mind this guy...

Yes you can open an account for trading crypto-currency with $500 or less. For trading though, it takes $5,000 minimum balance to get serious.

You can start with $100,- if you want and get "serious" within a year (depending on your personal circumstances, goals and definition of serious).

Do mind however, that;

[...] if its just a small money then trading fees will just take that money slowly. [...]

Most fees are based on a percentage of the trade, but still they "eat" your money. So it is important to minimize fees. Binance is (by far) the cheapest in this sense...

And you can find these;

There are some good day trading diary threads right here on this section, just go a few pages back to find them.  One guy was able to make consistent 1-2% profits daily but he hasn't been active lately. [...]

right here...

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May 29, 2019, 03:37:24 PM
 #18

It would be risky for you to do scalping as a beginner. Why don't you try trading the most basic way so that you won't get confused? $500 would be a good start for you to have enough experience in trading and for you to know the fundamentals of it.

 
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May 29, 2019, 04:01:21 PM
 #19

You can buy big potential coins, try to look at trading at binance. There are lots of good coins. Don't try to invest on the website hype. Because it is very high risk. And you can lose your money.
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May 29, 2019, 04:14:37 PM
 #20

My suggestion is that you don't have to invest the whole money in only a coin because that can be risky, it is only btc that I think you can do such with because it is the rise and fall of cryptocurrency.

As for scalping, the strategy is lower time frame you can be targeting.

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May 29, 2019, 04:40:37 PM
 #21

to be honest I'm not a fan of multi coins trading . I pick another coin with BTC and trade it. now I'm trading in BNB.
That's probably smart to stick with one or two coins instead of buying a whole bunch and seeing what happens.  Then again, it's mostly luck when you make money in crypto.

What's all this hype surrounding BNB right now?  I keep hearing it mentioned and I don't see what's so special about it.  I keep owning it randomly since I trade on Binance, but I've never thought of actually accumulating it.  Don't know if it's off-topic, but can anyone explain why BNB is worth owning or trading?

And OP, what is "scalping"?  I only know the definition of the word when it comes to buying tickets or ripping someone's hair out of their head. 

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May 29, 2019, 04:44:06 PM
 #22

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
I have started this out with 17 bucks to begin with, I know it wasn't ideal and it was different times but now I had received and spent over 30 bitcoins in my life time. Most of them were from working and not trading but I had the chance to make a lot via trading and a lot of airdrops plus good ICO investments and all that as well.

The point I am trying to make is that you can have zero and still start somewhere, put in your own effort if your money is not enough, if your money is 500 bucks then find something that you think will go up a lot and invest into that, divide your money and put it on multiple stuff you believe in and one will go up. If you divide 500 bucks into 5 projects and only one of them makes you x10 return while others go bankrupt you still have 1000 dollars instead of 500 even with just 1 out of 5 successful projects.
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May 29, 2019, 06:50:15 PM
 #23

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
To get the highest profit in 2 months, you can invest in LTC now. Because of the upcoming halving event and bull run signs, you will see its price x2 or even x2.3 in the next 2 months. This is a good opportunity for you to buy a large altcoin with great and safe returns.
But you should start learning about trading and learn more about technical analysis. asking others about good deals will never work well. Please understand it and control your portfolio. Wink

Everything will depend on the market situation. If the bull run continues, even the altcoins that seem to us week can give many investors the best profits. It is possible to double the investments I think.
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May 29, 2019, 07:15:41 PM
 #24

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
You’re risking your money, how can you do scalping if you don’t know how to start?
Better to learn more about scalping because short term trading is not that profitable and if its just a small money then trading fees will just take that money slowly. Use the most active exchange and go look for an active coin also.

I already trading weekly and make some profits and also losses , I want to scalp that amount to make small profits daily can large my I account.
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May 29, 2019, 07:35:31 PM
 #25


You can't expect a guaranteed profit with your given timeframe no matter what strategy will you do. Scalping, like with other trading strategies, will rely on how the price will behave plus the fact that every coin has different behaviour. The output of it will depend on how well you executed it.

For the amount you have mentioned, definitely yes. It's enough.

Since you are now currently trading, then why not just test it and see the result for yourselves.

More importantly, don't set a target period where your money should be doubled but instead, focus on winnings at any cost.

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May 29, 2019, 09:57:41 PM
 #26

snip~
You’re risking your money, how can you do scalping if you don’t know how to start?
Better to learn more about scalping because short term trading is not that profitable and if its just a small money then trading fees will just take that money slowly. Use the most active exchange and go look for an active coin also.

I already trading weekly and make some profits and also losses , I want to scalp that amount to make small profits daily can large my I account.
If you want more profit in a very short period of time, better to add more in your capital,  maybe just another $500.
Yeah,  losing and winning will always be a part in trading and it is good to see that you still survive from this losses you have. You're making it right and I may suggest just to focus on a single coin or two for you have to manage it well.

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May 29, 2019, 11:21:48 PM
 #27

Focusing more on potential profits rather than potential risk makes a lot of people greedy while trading and might cause you to disregard the risk in a trade altogether, which can be extremely risky. Ideally you should be trading similarly to how you would trade with a bigger starting bankroll so you don't develop bad habits if and when you start trading with more money that you currently have.

That being said, it's entirely possible to scalp with a balance of $500 or really any amount at all. If you're looking for a platform where you can leverage your scalps, Bitmex or Deribit both work pretty well. Some people don't like Bitmex for the overloads the site occasionally has, but I'm personally fine with it and I like Bitmex's overlay better than Deribit's.

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May 29, 2019, 11:47:24 PM
 #28

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
$500 is enough to start if you plan to use scalping strategy, but, be very careful in selecting where you plan to put that $500. Don't just place that $500 in 1 coin or token, spread it in 3 - 5 coins or token as possible and don't buy those that are good for long term. Use tools like Bollinger Bands, RSI and Parabolic SAR before making your decision. Learn to use those tools properly.

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May 30, 2019, 03:54:11 AM
 #29

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
$500 is enough to start if you plan to use scalping strategy, but, be very careful in selecting where you plan to put that $500. Don't just place that $500 in 1 coin or token, spread it in 3 - 5 coins or token as possible and don't buy those that are good for long term. Use tools like Bollinger Bands, RSI and Parabolic SAR before making your decision. Learn to use those tools properly.
basically the indicator gives us direction of price movements, with that indicator we can find out the possibility of further price movements. but making it safer don't invest your funds in just one coin

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May 30, 2019, 04:35:43 AM
 #30

This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or the total balance of $500 (which ever you reach first) cash out.

to be honest I'm not a fan of multi coins trading . I pick another coin with BTC and trade it. now I'm trading in BNB.
whats your opinion in XLM ?

I think the idea on this is more of holding (as opposed to day trading) just waiting for the coin to make a move to the "moon" which is likely to happen when bitcoin can go full blast in the next few weeks (or to the $10,000 level and beyond). Litecoin can easily absorb influence from Bitcoin that is for sure while with BNB I think it has a life of its own...possibly growing up to $50 within June. Of course, all of what we are saying here means we are just speculating so we still have to carefully study before jumping into the hot waters.



 
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May 30, 2019, 11:23:43 PM
 #31

I'm already trading now on binance but not scalping way.
my question is this amount can be doing well with scalping ?

What do you mean by scalping? Usually scalping means trading the 15 minute or 5 minute time frame chart. It can be any trading pair. Since you are on binance, you can trade BTC/USDT or a similar pair. But you have to know technical analysis, to tell you when to enter and when to exit. And you do that several times a day. On binance you cannot short, so you are very limited to taking only long positions. You can probably switch to Bitmex where you can go long and short. 

yes I mean scalping in 5 min. ever 1 min. frames 
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May 31, 2019, 12:01:15 AM
 #32

I think that's enough. like me, I have a small capital and still have the spirit to trade in latoken. I trade fuel / eth, I use scalping techniques. so far I'm happy.

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May 31, 2019, 12:13:30 AM
 #33

I think that's enough. like me, I have a small capital and still have the spirit to trade in latoken. I trade fuel / eth, I use scalping techniques. so far I'm happy.
Nice, scalping is not easy to be done as the market volatility is really affects each position to take, if you are good in observing how the market will behave then there's a big opportunities to earned decent amount.

The amount of your initial investment is good enough for testing periods for this ventures that you'll going to take, focus and keep analysing every time.
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May 31, 2019, 12:32:05 AM
 #34

It would be risky for you to do scalping as a beginner. Why don't you try trading the most basic way so that you won't get confused? $500 would be a good start for you to have enough experience in trading and for you to know the fundamentals of it.

Certainly agree with you that scalping is very risky especially for newbie in trading. I'm assuming that the one who started this thread is a newbie based on his question. Scalping is based on charts and more technical analysis which is for experienced traders. Better to start with simple trading. Doubling your money is a possibility also with the current bullish period. You just need to choose a strong coin.
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May 31, 2019, 02:00:15 AM
 #35

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Maybe look for high volume coin and see it is pumped and dumped a lot or not. In scalping especially if you want to look daily profit, you must get coin that not really stable and take any chance from it as soon as possible.

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May 31, 2019, 09:37:54 AM
 #36

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
If you try as much as possible not to leverage your trade, I think you can easily achieve 2% with bitcoin scalping a day and you could even achieve that target at once in a day without scalping, because for some days now, bitcoin value has been shooting more than 6% sometime in a day, but in a normal stable market, you should be able to get that.

For trading platform, please I will advise you to stick with binance for now, I have nothing to gain asking you to do this, but with an honest mind so you don’t lose your money, stay with this exchange, its reliable and the most popular exchange of them all and you wont regret it.
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May 31, 2019, 03:58:52 PM
 #37

What are more details about the original posters strategy?

How long have you been trading now?

What kind of funds did you start with and what is your current balance?

Have you had any days when you lost money yet?
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May 31, 2019, 11:26:24 PM
 #38

I think that's enough. like me, I have a small capital and still have the spirit to trade in latoken. I trade fuel / eth, I use scalping techniques. so far I'm happy.
Nice, scalping is not easy to be done as the market volatility is really affects each position to take, if you are good in observing how the market will behave then there's a big opportunities to earned decent amount.

The amount of your initial investment is good enough for testing periods for this ventures that you'll going to take, focus and keep analysing every time.
I only analyzed the movements of the coins there I learned them. I tend to choose a coin that moves and has a large enough volume. my target is 5-10% even though it's hard for me to assume this is a fun process. Smiley

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June 01, 2019, 01:21:23 PM
 #39


You can't expect a guaranteed profit with your given timeframe no matter what strategy will you do. Scalping, like with other trading strategies, will rely on how the price will behave plus the fact that every coin has different behaviour. The output of it will depend on how well you executed it.

For the amount you have mentioned, definitely yes. It's enough.

Since you are now currently trading, then why not just test it and see the result for yourselves.

More importantly, don't set a target period where your money should be doubled but instead, focus on winnings at any cost.

This is very helpful , thank you friend.
I'm testing it now
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June 01, 2019, 01:24:12 PM
 #40


basically the indicator gives us direction of price movements, with that indicator we can find out the possibility of further price movements. but making it safer don't invest your funds in just one coin

which indicators can I use?
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June 01, 2019, 02:11:37 PM
 #41

For 2% profit per day, in my opinion it makes sense, but all that also depends on the volume of the market, if the volume is high I think the 2% profit is easy

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June 01, 2019, 02:24:52 PM
 #42



$500 is a good start. you might not be able to do it every tiny dive and spike of the price. you have to look at the chart and analyze at which price shall BTC dip again and make sure you buy back when it starts coming up again. sign up at tradingview coz i think that should help you with the necessary indicators.

 
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June 01, 2019, 04:01:28 PM
 #43

What are more details about the original posters strategy?

How long have you been trading now?

What kind of funds did you start with and what is your current balance?

Have you had any days when you lost money yet?

- I'm asking for a strategy

- one year for now

- my savings

- of course I lost 50% of my investment before.
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June 01, 2019, 04:03:55 PM
 #44



$500 is a good start. you might not be able to do it every tiny dive and spike of the price. you have to look at the chart and analyze at which price shall BTC dip again and make sure you buy back when it starts coming up again. sign up at tradingview coz i think that should help you with the necessary indicators.

I have pro account on it.
which indicators you use?
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June 01, 2019, 04:27:13 PM
 #45

- I'm asking for a strategy
Trading strategies are usually crafted by each individual. Whenever a successful trader teaches other traders how to trade using their strategy, the traders always end up with their own versions of the original strategy. So each trader builds off of another traders strategy to fit their own style. It takes work.

- one year for now
If you have been trading for one year already then you should be in a better position than you are now, but that is okay. You should up your game. Take it more seriously. Put in more hours. Ask more questions. Be patient. Be persistent. Practice practice practice. Treat it like a business.

- my savings
People who trade money they can not afford to lose, often lose at trading, and that happens with experienced traders too. People who rely upon trading as their only source of income, often lose at trading. Never trade more than you can afford to lose. I like your dollar amount of $500. That is a safe and effective account balance for learning the ropes.

- of course I lost 50% of my investment before.
I hurts a lot to lose money like that but loses can be converted into potent learning opportunities. I was taught that whenever I lose 15% or more of my account balance to stop trading for one full week, and during that one week break go back to review any past mistakes. Really look at and identify mistakes and learn from those mistakes.
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June 01, 2019, 05:26:25 PM
 #46

- I'm asking for a strategy
One time I like scalping, but scalping will spend your time in front of the monitor screen  Tongue
you must focus on seeing each movement
the simplest way is to use Bollinger bands, MACD and RSI indicators. Time frame 5-15m

I use MACD and RSI only when first entry and closing a trade, playing safe between the RSI 30-70,
if the RSI is above 80 there will be Over Bought, and I decide to end my trade

But just focus on Bollinger Bands
Enter when the candle touches the bottom line on the Bollinger bands and sells touching the middle line or the upper line, don't miss this moment

One time I have posted about scalping (on my local board)
indicator yang saya pilih adalah :
  • Bollinger Bands(BB)
  • MACD
  • Relative Strength Index(RSI)
TF 5mnt




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June 01, 2019, 07:00:00 PM
 #47

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Did you know how to scalp trade? If your answer is yes then you don't really need much to start. The large capital is to help you increase your profits par trade and the reverse is also very possible. Making 2% par day in trading bitcoin or altcoins is very possible but of a truth very risky! Remember that you can have your entire funds wipe out if you did not know how to place stop loss and take profits.
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June 01, 2019, 07:12:07 PM
 #48

You can spend $ 500 for XRP and within two months you. With the current market, I think there is no guarantee for you with a fixed profit of 2% per day. The market always has fixed risks and profits depending on the growth of Altcoin that you choose. Do not put too much hope into this market.
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June 01, 2019, 09:24:49 PM
 #49

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Scalping is really not easy as you really have to make the right decision on what to invest first, more specifically here which alt coin to invest in, and the problem with altcoins is that they really move too slow and sometimes they just go down, so even if you buy a big share of a coin to scalpe it you still won't make a fair amount of profit not 2% per day and not within 2 months at least no at the state the market is at  right now, if you are going for a longer term you might be able to pull it off.

 
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June 01, 2019, 09:48:20 PM
 #50

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Yes you can but the question is,you do have that skills on doing scalping? If yes then this is possible which doubling that capital on 1-2 months time.

Just be sure to be aware on the possible risk yet scalping is the most dangerous way of trading up.I have tried even on swing trades but I do make
mistakes most of the times yet this would involved on emotions.



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June 05, 2019, 06:57:16 AM
 #51

This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or on the total balance of $500 (which ever you reach first) cash out.
the list of coins that you display seems to have to be followed by many people. some of these coins can provide profits in a few months and that will definitely happen. this can be an option for the questions raised in this forum.
Those coin really has very high trading volume that could make one be able to trade 2% profit in a day, especially bitcoin which has more volatility to do this, but I don’t like scalping that much because as volatile as these coins is when it comes to sudden increase in a day, they can also drop so bad which will mar the trade badly.

So instead of scalping, I will just hold my coin and wish I can get the 2 % increase which is enough for that day, I don’t need to be going in and out of the trade every time I see a chance to do so. 2$ daily which is about 60% monthly is seriously more than enough for one to leave a good life, depending on the trading amount though.
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June 05, 2019, 07:27:59 AM
 #52

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
This is possible if you take the risk. Investing in IEO projects often gets a lot of profit but sometimes you can't buy a token because there are too many investors scrambling to buy it.
Just like Harmony, its price is x8 compared to the price of the IEO. If you want to invest in good IEO projects, I only recommend investing in 5 exchange markets such as Bibox, Binance, Okex, Gate.io and Huobi Global.

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June 05, 2019, 02:01:23 PM
 #53

2% per day is a very possible advantage, you can invest in BNB Coins, ethereum or Ripple
You can also trade on Binance Exchange, or Okex

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June 05, 2019, 02:27:01 PM
 #54

It is very unlikely you will be able to consistently get 2 percent profit daily,  Your amount would grow so rapidly due to compounding and you would be a millionaire in no time.  At best I would expect around one percent each week which is still over 50 percent in a year.
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June 05, 2019, 03:03:22 PM
 #55

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
$500 is a good amount to start crypto trading but making to percentage of profits everyday doesn't look possible but it is possible to achieve 100 percentage of profit in one or two month if you are doing crypto trading regularly with all the skills needed for it.

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June 05, 2019, 03:06:23 PM
 #56

Of course you can
Personally I use Bitmex
Scalping is a good idea to increase your budget

You can find me also on Twitter and find some deals which may turn out to be useful for you
@MarkRob46626263

Follow me on Twitter to keep up with the latest trades, get price analysis and other trading hints:
https://twitter.com/MarkRobTrades
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June 05, 2019, 03:30:19 PM
 #57



$500 is a good start. you might not be able to do it every tiny dive and spike of the price. you have to look at the chart and analyze at which price shall BTC dip again and make sure you buy back when it starts coming up again. sign up at tradingview coz i think that should help you with the necessary indicators.

I have pro account on it.
which indicators you use?

a simple RSI will do. but check the above strategy, he also uses MACD along with RSI. If you can learn how to use that two I think it could be enough. having just $500 might not be enough unless the swing of the price will dip from $9000 to $7800 every now and then. thats a huge difference right there. draw a line to identify support and resistance so you'd see which possible support where retracements occur.

 
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June 05, 2019, 04:05:05 PM
 #58

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
With testing strategies, the risk is certainly much higher than the success rate. If you want to try, I will give you a potential token that will x3 or x4 in the future.
WPP is an energy business and they are doing their job very well. Their ITO has attracted more than 59 million dollars and now its price is very cheap. Huobi global and Binance are waiting for approval. coming, they will list on IDAX and Coinbene. a great project and this is a great opportunity for you.

I looked at their thread:

[ANN] [ITO] WPP ENERGY TOKEN - TOKEN A SER OBRIGADO AO VALOR DO H2

I think this is a project that only creates headache



@OP, beware of shitcoin and be very careful about the greed. Avoid setting daily profit goals so you do not create stress when you can not reach those daily profits

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June 05, 2019, 07:01:56 PM
 #59

As a beginner I think 1% daily is the best target. Keep your numbers every day to check up on your progress. As a scalper you need to increase your balance a little bit every day you trade. Scalping is mostly about account safety and consistently trading for small gains over the long haul. If you can increase your account 1% every day you are in good shape.
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June 05, 2019, 10:20:44 PM
 #60

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
It is just small to make 2% profit everyday. In order to achieve that goal, you have to make some additional, it maybe another $500.
In doing scalping, you must be sure that you are in focusing into you trade, the market is so volatile and you must have to take advantage on it as you tend to make 2% everyday which is very challenging into your part if you are not working it well.

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June 05, 2019, 10:35:58 PM
 #61

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?

I think yes, you can start with 500$ in scalping, it is fair enough amount to begin with trading actually.
Then, houbi, okex and Idax on which of this 3 exchange you can start anytime you want mate. And it is worth platform
to trade with there is a possible for you to earn 1% up to 3% daily.
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June 09, 2019, 03:40:07 PM
 #62

It seems to me that it makes no sense to discuss specific trading resources where you can touch it, because everything depends primarily on the prospects of the project and the relevance of the coin in the cryptocurrency society.  If you take these factors into account, you can find a coin that can double in price for the right time through daily trading.

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June 09, 2019, 03:46:27 PM
 #63

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?

I think yes, you can start with 500$ in scalping, it is fair enough amount to begin with trading actually.
Then, houbi, okex and Idax on which of this 3 exchange you can start anytime you want mate. And it is worth platform
to trade with there is a possible for you to earn 1% up to 3% daily.
Demo trading is better idea for the scalping and grabbing small pips on the markets. Technical analysis is like a second hand of trader who wants to scalp in the crypto markets. 1% is not enough for small balances but it is more than enough for big investors.

 
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June 09, 2019, 04:36:17 PM
 #64

Well, nobody is going to provide you any perfect strategy, you have to learn on your own by trading. The more experience you gain the better you will be in trading. You have to master technical analysis.

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June 09, 2019, 04:44:51 PM
 #65

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?

I think yes, you can start with 500$ in scalping, it is fair enough amount to begin with trading actually.
Then, houbi, okex and Idax on which of this 3 exchange you can start anytime you want mate. And it is worth platform
to trade with there is a possible for you to earn 1% up to 3% daily.
I think OP must know if target profit daily is actually will give him a lot of pressure. Especially to decide which coin or maybe good coin to pick, or price to buy is something that will hard to do everyday.

 
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June 09, 2019, 05:45:42 PM
 #66

I don't know, I think it would be very difficult to make a profit with a target especially a short amount of time. But you can try doing research on Bnb coin because in my opinion it is quite interesting.

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June 09, 2019, 10:47:31 PM
 #67

Off course yes you can but you need an exchange with high volume like binance it will be easy for you to boost your portfolio in no time. Learn not to be greedy you might loose all

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June 09, 2019, 11:24:26 PM
 #68

As a beginner I think 1% daily is the best target. Keep your numbers every day to check up on your progress. As a scalper you need to increase your balance a little bit every day you trade. Scalping is mostly about account safety and consistently trading for small gains over the long haul. If you can increase your account 1% every day you are in good shape.
that is my initial  target if i fail to make 2% at day  Wink
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June 09, 2019, 11:29:46 PM
 #69

Of course you can
Personally I use Bitmex
Scalping is a good idea to increase your budget

You can find me also on Twitter and find some deals which may turn out to be useful for you
@MarkRob46626263

I can not find your account on twitter.
I'm interested in your strategy
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June 09, 2019, 11:33:03 PM
 #70

You can do whatever you want in your capital like scalping but choose a good exchange site with a high volume like binance, houbi etc. Before doing scalping make sure you understand the exchange platform to easily know the in and out basis.

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June 09, 2019, 11:38:44 PM
 #71

As for the platform to use,binance is a good fit,the trade volume for most token is high and you can thus easily get out of deals or buy into them.Doubling your money in about 2months would mean your average daily profit should be about 1.6%,Strategy? Take trading course and do not get too greedy in your trade

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June 09, 2019, 11:47:52 PM
 #72

Off course yes you can but you need an exchange with high volume like binance it will be easy for you to boost your portfolio in no time. Learn not to be greedy you might loose all
Learning to handle pressure and be contented with small profits, scalping is a tough job but can be done if you know how to wisely work with time. Controlling your emotions making use of every opportunities that will showed up while you are dealing with your trade.

Keep yourself open and allow working with volatile market to take your chance to earned profits.
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June 10, 2019, 12:31:03 AM
 #73

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Trading is not a financial advise, you better get hold of your self learn and understand the market before you get in, in other words if you are already a good trader you will know the Exchanger to make use of.
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June 10, 2019, 10:59:04 AM
 #74



For your first question, yes, there are a lot of strategies you could use to scalp with 500$. You could go ahead and master elliot waves and mix it with the macd. a follow a guy called anil mangal on youtube. he will teach you a lot. however, mangal doesn't scalp but his strategies can also be used for scalping.

for your second question, If you really wanna scalp, I'd suggest you don't use leverage and look at the bigger picture on a larger timeframe before taking any trades. this helps prevent an unfortunate scenario of the market turning against you.

For your third question, nop, scalping is not worth it. I currently make almost 100% per month because every time, you have a couple of cryptos that pump way more than others. my job is to find those currencies and trade them. However, scalping in crypto is too risky. one week, you make 20% and the other week, you lose 30%. there are a lot of immature traders in crypto and this has made it so darn hard to scalp long-term. I'd suggest you look at the medium-term picture and not scalp. the future market will reward you for that.

for your third question, I'd suggest you use binance. it has a lot of volatile pairs and is currently the best exchange. other suggestions include Huobi and bitfinex.

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June 10, 2019, 02:14:01 PM
 #75

For your third question, nop, scalping is not worth it. I currently make almost 100% per month because every time, you have a couple of cryptos that pump way more than others. my job is to find those currencies and trade them. However, scalping in crypto is too risky. one week, you make 20% and the other week, you lose 30%. there are a lot of immature traders in crypto and this has made it so darn hard to scalp long-term. I'd suggest you look at the medium-term picture and not scalp. the future market will reward you for that.

Can you provide more information about what techniques you use for doing this? See what I highlight in bold.
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June 10, 2019, 02:19:09 PM
 #76

Just start scalping now and you will enter the "fomo" went the rally of bullish momentum it's out. I know scalping was really fun & easy to gain a profit, but also scalping make you enter the fomo went the rally was really fast made you enter at a high price then went the correction come you got stuck at the high price, make you want to call "cutlose".

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June 11, 2019, 09:20:38 AM
 #77

Just start scalping now and you will enter the "fomo" went the rally of bullish momentum it's out. I know scalping was really fun & easy to gain a profit, but also scalping make you enter the fomo went the rally was really fast made you enter at a high price then went the correction come you got stuck at the high price, make you want to call "cutlose".

This is not what I mean with scalping, I mean short trades within 1 hours.
I know we will go in correction price now  Smiley
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June 11, 2019, 09:51:15 AM
 #78

This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or on the total balance of $500 (which ever you reach first) cash out.

All right, this is a quite interesting idea.
How about NEO? do you think NEO is still a good option to invest?

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June 11, 2019, 11:56:08 AM
 #79

This is my personal suggestion, you should DYOR before investing in Cryptocurrency.

I would suggest you to divide $500 into four parts, it should be $100 into 3 and $200 into a single crypto . The top four Cryptocurrency that I would recommend to you is  

1. Cardano - $100
2. BNB - $100
3. Litecoin - $100
4. Bitcoin - $200

You can change the amount as per your likes. I am not going to explain to you why I choose these cryptos, if you can check google, you will get your answer. I estimate within 2 to 3 months you should be easily able to make 2x of your investment. Remember as soon as you reach 2x individually or on the total balance of $500 (which ever you reach first) cash out.

All right, this is a quite interesting idea.
How about NEO? do you think NEO is still a good option to invest?
if have any doubt with your decision , you have to make deep observation and research in this coins.neo looks like pretty good, but we have to make sure with this to avoid wrong decision in future that will make us disappointed.

 
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June 11, 2019, 02:00:07 PM
 #80

You can start also at:
Bitcoin: 200$
Ethereum: 200$
Xrp: 100
This coins are strong for a while im willing to invest our for this coins even the profit not enough to earn per month unless its already safe and people's choice also.

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June 13, 2019, 07:12:21 AM
 #81

Just start scalping now and you will enter the "fomo" went the rally of bullish momentum it's out. I know scalping was really fun & easy to gain a profit, but also scalping make you enter the fomo went the rally was really fast made you enter at a high price then went the correction come you got stuck at the high price, make you want to call "cutlose".
This is one of the major cons of scalp trading, because the trader cannot predict the market and the fact that TA does not work here, it makes scalp trading look like a gambling to me which is not so easy, the tension of having to quickly look for profit and quickly knowing when to enter and exit a trade so many times in a day is not an easy task at all.

Secondly, fees that one will be paying will really discourage the trader and you end up going home with a penny at the end of the day after paying so much of fees, wherein there is no assurance that you will hit big at a single trade to cover for the fees and still make enough profit. I personally prefer to just hold than this.

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June 13, 2019, 07:55:18 AM
 #82

Is there any tested strategy could I use to scalp 500$ to make them doubled within 2 month or in another word make 2% profit per day.
Any ideas?!
Is it worth?!
which trading platform can I use?
Its possible to double your money in 2 months granting that you are consistent in hitting your goal of 2% per day including Saturdays and sunday and you will roll over your capital together with your profits, meaning you will not withdraw anything not unless you reached your goal of 2 months trading with $500.

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