Is it worth for me in my situation to start btc trading?

[Ararbermas]

Bitcoin is so volatile mate and it's worth it to trade , especially if you want to gain quick profits on it.  But i suggest to obtain some knowledge first how trading works.  Because you know there's  a lot of ppl making mistakes and regrets afterwards because of being lack of information about it. So you better educate your self first for the sake of your money. 

[illnino]

$300 is enough as a start to trading, but you need to learn to trade as soon as you want to start trading because that will be your chance to make a profit day by day. You can learn from many sources, or you can find more lesson from here so you can start to learn and practice the lesson. But that will not be easy to learn to trade because you need to spend more time to understand the lesson. I am sure that you can know how to trade with good and I think you will get more experience by learning more about trading.

Yes, it is possible to start at 300 USD. However, to trade cryptocurrency on the exchange, you need to prepare for the process, and have the following list of knowledge:
- Learn to work with cryptocurrency charts;
- Use daily trading volume data in market analysis.
Having learned the size of the daily trading in relation to a particular cryptocurrency over the past week, you can find out how much interest other users have in it.

[nur rochid]

$300 is enough as a start to trading, but you need to learn to trade as soon as you want to start trading because that will be your chance to make a profit day by day. You can learn from many sources, or you can find more lesson from here so you can start to learn and practice the lesson. But that will not be easy to learn to trade because you need to spend more time to understand the lesson. I am sure that you can know how to trade with good and I think you will get more experience by learning more about trading.

Yes, it is possible to start at 300 USD. However, to trade cryptocurrency on the exchange, you need to prepare for the process, and have the following list of knowledge:
- Learn to work with cryptocurrency charts;
- Use daily trading volume data in market analysis.
Having learned the size of the daily trading in relation to a particular cryptocurrency over the past week, you can find out how much interest other users have in it.

Especially when the situation is bearish like now, I think with the capital they have, they can buy more coins, so they have the chance to get a lot of profits, bigger. but indeed to start trading the main capital is knowledge, so it does not fall into the coins that dump after buying

[pieppiep]

This is the advantage of BTC, even in any situation you can try to start trading. when viewed today we can try to do many things with bitcoin because bitcoin will be easier to increase and is very suitable for trading

But you will need to have skills to determine the right price to buy because if you miss the right price, and then I don't think that you can make a profit in a short time. I see that many people are waiting for bitcoin price increase higher so they can sell the bitcoin and wait for another down of the price. That will be difficult if you cannot analyze with the right because that will make you confuse to place the order buy.

I admitted that it is not easy to buy bitcoin in the price we want because we need to check in every hour to find the price so we can place the order. Or you can place the price you want in some level of the price so when the price down, your order will automatically be filled by itself. But yes, this time we have a good time to buy more bitcoin if we want but don't forget to analyze first.

You will get the moment to buy bitcoin, but that is not good if you can not get bitcoin at a low price because that will make you wait for more. So patience will be the key to get the right aprice at the market.

[virasisog]

Hello

I have spare $300 that my friend suggested to use to start cryptotrading, as this is the maximum amount of money affordable to lose. I have a month of free time to trade with btc. Currently I don't have income and I have three ways to set it: cryptotrading, freelancing as programmer, or full-time job. I chose to expirement and try luck with trading and freelancing, if there is no success with any for september, I will choose full-time job. If I can make about $500 per month with all of these methods or some of them, I can forget about job for a while, which is highly preferrable.

So my questions are:

• Can I learn and do trading for month to make at least some money(around $100-$250), while doing freelance programming? I can arrange 3-5 hours for each activity per day.
• Should I start trading on OTC exchange or regular exchange? I tried bisq to sell btc, but it seems like there you can do it with rather huge amounts of money I can't afford to make offer with. This is because of security deposit of 50% of trade amount. Maximum offer amount I can make is 150$ whereas there are more offers which range $100-$1000. They also seem more profitable for btc buyers due to less interest, than that I chose. After scrolling thorugh bitcointalk, my only options left for OTC are localbitcoins and paxful. And I don't really like any of these because of shitty customer support on both. Moreover LBC nowadays has attitude to KYC everyone, I don't like it because I would keep my personal information than send it to someone

Bitcoin can be the top option if the question is how to get rich in investing? It really can give you life changing profits.
this is not a negative post but just a warning bitcoin trading is not easy as it seems,
there are lots of good traders out there that still cry over their trades including me . Be sure to learn it all and be patient.

[Yamifoud]

snipped...

Bitcoin can be the top option if the question is how to get rich in investing? It really can give you life changing profits.
this is not a negative post but just a warning bitcoin trading is not easy as it seems,
there are lots of good traders out there that still cry over their trades. Be sure to learn it all and be patient.

Everyone who come into trading wants to earn and earn but not all of them want to suffer difficulties as well as losses. The fact that we are one of them, we are also the one among crying traders who never accept losses.
 
It is not that we started great and profitable or we achieve our goal in a time frame given but the most important is we know our capabilities and we are strong enough to face any difficulties without thinking of quitting.

[ulfa21fall]

It seems to me that you have chosen a slightly aggressive path. You can start at $ 300, of course, but you have to be careful. What can you say about choosing the exchange where to trade? I use Witebit,  for now.

[sana54210]

Trading bitcoin can be risky but easy at same time for a newbie because of the volatility. The volatility is good because it doesn't take time to get the profit for you but when it is down against you, you begin to wonder what went wrong, we need good training, skills and patients to be able to get it right most times.

Even when the trade is down against the trader which mistakes are bound to happen sometime, it is not a bad situation because the situation will always be amended back once  bitcoin rebounds, except maybe the newbie or whoever the trader is trading on leverage, that is the one that me I cannot talk much about because leveraging with trade in this volatile market is risky, but if we don't leverage, the opportunity that has been presented before us through volatility would always favor the trader.

Trading is really worth it, because it is the easiest thing you can do, and all we just need is the right education for you as you said, and the best strategy without mixing of greed which is one of the trade killer.

[PuertoLibre]

snipped...

Bitcoin can be the top option if the question is how to get rich in investing? It really can give you life changing profits.
this is not a negative post but just a warning bitcoin trading is not easy as it seems,
there are lots of good traders out there that still cry over their trades. Be sure to learn it all and be patient.

Everyone who come into trading wants to earn and earn but not all of them want to suffer difficulties as well as losses. The fact that we are one of them, we are also the one among crying traders who never accept losses.
 
It is not that we started great and profitable or we achieve our goal in a time frame given but the most important is we know our capabilities and we are strong enough to face any difficulties without thinking of quitting.

The traders think that quitting is the backdoor for exit are the weaker hands shaken out throughout the bear market. The timeframe must be large for checking the profitability of the trading strategy, on another hand, other essential features like money management, trading skills, price action understanding have to make a hand stronger. Trading the volatile markets is not job of the stock traders, they like to trade the stabile or steady growth markets. Trading the BTC is like trading the penny stocks which are the volatile stock assets in the global financial markets.

[michellee]

$300 is enough as a start to trading, but you need to learn to trade as soon as you want to start trading because that will be your chance to make a profit day by day. You can learn from many sources, or you can find more lesson from here so you can start to learn and practice the lesson. But that will not be easy to learn to trade because you need to spend more time to understand the lesson. I am sure that you can know how to trade with good and I think you will get more experience by learning more about trading.

Yes, it is possible to start at 300 USD. However, to trade cryptocurrency on the exchange, you need to prepare for the process, and have the following list of knowledge:
- Learn to work with cryptocurrency charts;
- Use daily trading volume data in market analysis.
Having learned the size of the daily trading in relation to a particular cryptocurrency over the past week, you can find out how much interest other users have in it.

Especially when the situation is bearish like now, I think with the capital they have, they can buy more coins, so they have the chance to get a lot of profits, bigger. but indeed to start trading the main capital is knowledge, so it does not fall into the coins that dump after buying

If I were him and I have $300, I will buy bitcoin first, then eth, bnb, atom, grin, and some other low coins price. I think that is enough to get some amount of each coin and I can wait for another time. I don't just hold each coin, but I will sell the coin if somehow the coin can increase higher at least 10% from the price before so I will have the opportunity to buy back the coin in a low price. The bearish market now gives a chance to us to buy as many coins as we can, and that will depend on the money we have.

[bitcoinst]

Everything will depend on your deposit and on what type of trade you will be engaged in. The market is unpredictable now, I would advise you to exercise maximum caution,
and choose clear strategies in case you decide to trade. See market analytics in recent months. A lot of manipulations, stops are constantly knocked out, it is extremely difficult to trade.

[Shutup]

In my situation also its good to trade for at least there's an income in every trade. Because I really need to earn eveday for my kids. Im a single mom so l have to look for a job that will give me income. And  l found out here theres a lot of site to have a profit in every trade.

[nydiacaskey01]

Hello

I have spare $300 that my friend suggested to use to start cryptotrading, as this is the maximum amount of money affordable to lose. I have a month of free time to trade with btc. Currently I don't have income and I have three ways to set it: cryptotrading, freelancing as programmer, or full-time job. I chose to expirement and try luck with trading and freelancing, if there is no success with any for september, I will choose full-time job. If I can make about $500 per month with all of these methods or some of them, I can forget about job for a while, which is highly preferrable.

So my questions are:

• Can I learn and do trading for month to make at least some money(around $100-$250), while doing freelance programming? I can arrange 3-5 hours for each activity per day.

If you are a total newbie with zero knowledge in crypto trading and you only have $300 to use as your capital, earning $100 to $250 is a long shot in a month considering your experience in trading. You might even end up losing all of them if you picked the wrong coin. I am not trying to discourage you in trying to trade but you will need more time to learn about it and a lot of wrong decisions before you can earn good money in crypto trading. Good luck!

[Mahanton]

$300 is enough as a start to trading, but you need to learn to trade as soon as you want to start trading because that will be your chance to make a profit day by day. You can learn from many sources, or you can find more lesson from here so you can start to learn and practice the lesson. But that will not be easy to learn to trade because you need to spend more time to understand the lesson. I am sure that you can know how to trade with good and I think you will get more experience by learning more about trading.

Yes, it is possible to start at 300 USD. However, to trade cryptocurrency on the exchange, you need to prepare for the process, and have the following list of knowledge:
- Learn to work with cryptocurrency charts;
- Use daily trading volume data in market analysis.
Having learned the size of the daily trading in relation to a particular cryptocurrency over the past week, you can find out how much interest other users have in it.

Especially when the situation is bearish like now, I think with the capital they have, they can buy more coins, so they have the chance to get a lot of profits, bigger. but indeed to start trading the main capital is knowledge, so it does not fall into the coins that dump after buying

If I were him and I have $300, I will buy bitcoin first, then eth, bnb, atom, grin, and some other low coins price. I think that is enough to get some amount of each coin and I can wait for another time. I don't just hold each coin, but I will sell the coin if somehow the coin can increase higher at least 10% from the price before so I will have the opportunity to buy back the coin in a low price. The bearish market now gives a chance to us to buy as many coins as we can, and that will depend on the money we have.

For the amount of $300 its somewhat hard to diversify into various number of alts in the market.I would rather focus directly or all put up into bitcoin or ETH with this case even just simply holding up you can earn various percentage profits depending on your entry point.Yes there were lots of coins in the market it will depend on the money we would able to risk out.We can start up trading if we do like but it is much wiser if we do trade up with small amounts and dont ever use up on to those capitals or money that you had been borrowed or simply your savings.

[rodel caling]

300$ is huge amount to start in trading but if are ready yo take high risk to make also huge profits depends on your decision because we know trading is also have difficulty, make sure before you start trading you had an full strategy and know how about trading to avoid loses.
I suggest continue to work in the office and you can work both the manage your time to work both job. Good luck for new career hope for your success.

[crzy]

You should change your mind now because in Bitcoin trading you cannot increase your assets too fast. The risks of bitcoin are also high, and you will probably lose instead of having short-term profits. I think you should leave and look for a full-time job for yourself because it's right for you.

For now its better to have a full time job because bitcoin trading can't guarantee you that you will take home some profit and of course that profit will also be use for another trade and it can still lose after all. Have a good plan with your financial status, if you think trading can't support your living then better not to focus on trading and do it as your part time job.

[pieppiep]

You should change your mind now because in Bitcoin trading you cannot increase your assets too fast. The risks of bitcoin are also high, and you will probably lose instead of having short-term profits. I think you should leave and look for a full-time job for yourself because it's right for you.

For now its better to have a full time job because bitcoin trading can't guarantee you that you will take home some profit and of course that profit will also be use for another trade and it can still lose after all. Have a good plan with your financial status, if you think trading can't support your living then better not to focus on trading and do it as your part time job.

I think the same as you because, with a full time job, he can get paid for what he did. He can use some money from his payment to invest in bitcoin or altcoin, he can use the other money to fill his daily needs, and if there is more money left, he can save that money in the bank. That will help him to live better, and he can get more money from his trading.

He can use trading for his living, but he needs to have skills which not all of the trader can have. Besides that, he needs to learn harder than the other traders to improve his skills so he can always make a profit, although it is still tricky. It is better to have two sources of income so he can get more money from that income.

He should know how to manage the risk so he can prevent from the big losses that he might get in trading and he still has money to buy his daily needs monthly.

[TheUltraElite]

For now its better to have a full time job because bitcoin trading can't guarantee you that you will take home some profit and of course that profit will also be use for another trade and it can still lose after all. Have a good plan with your financial status, if you think trading can't support your living then better not to focus on trading and do it as your part time job.

OP was talking about being a freelance programmer. So that would be a full time job for them if they get some good contracts. But the freelance market is not something to be depended on completely for day earning so I would suggest the OP to develop some skills and get a permanent full time job.

Trading is best left as part time hobby, you wont become a millionaire by trading if you are not going  to do full time and that also is not a guarantee. You may be able to get a good return with each buy and sell but thats all. Dont expect ot put in huge capitals here because its not for everyone.

[voltesbit777]

Hello

I have spare $300 that my friend suggested to use to start cryptotrading, as this is the maximum amount of money affordable to lose. I have a month of free time to trade with btc. Currently I don't have income and I have three ways to set it: cryptotrading, freelancing as programmer, or full-time job. I chose to expirement and try luck with trading and freelancing, if there is no success with any for september, I will choose full-time job. If I can make about $500 per month with all of these methods or some of them, I can forget about job for a while, which is highly preferrable.

So my questions are:

• Can I learn and do trading for month to make at least some money(around $100-$250), while doing freelance programming? I can arrange 3-5 hours for each activity per day.
• Should I start trading on OTC exchange or regular exchange? I tried bisq to sell btc, but it seems like there you can do it with rather huge amounts of money I can't afford to make offer with. This is because of security deposit of 50% of trade amount. Maximum offer amount I can make is 150$ whereas there are more offers which range $100-$1000. They also seem more profitable for btc buyers due to less interest, than that I chose. After scrolling thorugh bitcointalk, my only options left for OTC are localbitcoins and paxful. And I don't really like any of these because of shitty customer support on both. Moreover LBC nowadays has attitude to KYC everyone, I don't like it because I would keep my personal information than send it to someone

The $ 300 value is a great start to the world of crypto or bitcoin trading. One of the great referrals to your choice of exchange is Binance, Coinbene, Houbi, okex or Kucoin. I didn't seem to be familiar with the exchange you mentioned so I gave another exchange knowing that I'm sure I wouldn't be disappointed in you also you can learn a lot of things here.

[Abdul amir]

I chose to expirement and try luck with trading and freelancing, if there is no success with any for september, I will choose full-time job.

This span you have chosen is very small to see whether he can succeed or not because Trading needs time and attention you need to read learn and analyse and keep reading markets.

Can I learn and do trading for month to make at least some money(around $100-$250), while doing freelance programming? I can arrange 3-5 hours for each activity per day

This is very hard to predict as it completely depends on your skills and efforts.