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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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juperos
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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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pakhitheboss
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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.

leavolnhals
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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.

EagleTrade
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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 ?
dark08
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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.

EagleTrade
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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.
samcrypto
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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.
jazmuzika217
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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.

Awesomus Maximus
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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. 
pakhitheboss
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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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