wxxyrqa
Full Member
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Activity: 1330
Merit: 121
Growth & Marketing | IEO | Bounty | Strat
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October 04, 2019, 05:39:43 PM |
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Very well said. Dreaming high is not bad, it is free, but we need actions to achieve that. Starting in Trading is the hardest thing for me, a lot of things are should be learn thoroughly to acquired knowledge that would help you to build your foundation. Motivation is also needed, that's what is going to make you move forward to achieve your dreams, even that 100% profits in 30 days, you could make that happen.
We just don't stop learning to be big enough, to earn big enough, and to make our dreams big enough in Trading.
It also depends on what run we are in,if its bullish trend then even a trader without an strategy can make 100% profit by trading often (eve without doing anything more profits can be achieved),if it is sideways then perfect for anyone to start trading by learning FA and TA using simple and most common indicators.Bearish is the real challenge for anyone to be in profits and most will fail. I think that only professional traders today can get a good percentage of trading, because what is happening on the cryptocurrency market does not contribute to the very easy income from their activities. I am just starting to study trade and little by little, with the help of a small starting capital, in practice I am learning to gain experience, but for some reason I am in the red all the time. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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coino.org
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October 04, 2019, 11:44:44 PM |
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No matter how much do you have, you can earn as well. Just start , trade and get skills. Step by step you will become greater trader and will earn money
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k@suy
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October 05, 2019, 02:57:36 AM |
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No matter how much do you have, you can earn as well. Just start , trade and get skills. Step by step you will become greater trader and will earn money
Trading without a basic knowledge is too risky. He should learn the basic first so that he will not be surprise when something bad happens. The OP need to prepare his emotion as well in order for him to endure any FUD that he will be seeing. You dont need to be expert first before go to trading you just need to learn a little bit before entering trading. |
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The Cryptologist
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October 05, 2019, 04:59:57 AM |
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I highly suggest OP that you just go fulltime as a programmer. You would earn much more on that career and you continue to learn a lot more coding to enhance your knowledge which means much more broader experties that you can offer to your client which also means bigger pay. Then if you got so much extra money, invest it in bitcoin. In that strategy, you won't lose a lot because you are only long on btc and it's just extra money that you are spending to buy it.
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Arkann
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October 05, 2019, 02:06:52 PM |
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It seems to me that a person can have two directions that interest him. First of all, this is a hobby, and secondly, it is earnings. If you want to make good money, you need to find a real profitable job, for which a programmer can really earn very good money, but you can also engage in cryptocurrency as an enthusiast. Many cryptocurrency users show their activity in the cryptocurrency market as a hobby or as a hobby, but no one should seriously consider the cryptocurrency market as the main source of income.
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Google+
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October 05, 2019, 04:05:49 PM |
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if you have very little trading capital like that, then you should be able to divide for trading and to hold you in the real world because in the world of cryptocurrency no one can guarantee profit so you must be smart to manage your finances.
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gokselgok
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October 05, 2019, 04:17:33 PM |
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if you have very little trading capital like that, then you should be able to divide for trading and to hold you in the real world because in the world of cryptocurrency no one can guarantee profit so you must be smart to manage your finances.
I agree with that there are so much volatility on cryptocurrency so my suggestion is separate your finances on crypto and real currency. So that if you lost on crypto it will not pull your recent status down and get buried in dept |
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Vaslime
Member
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Activity: 141
Merit: 10
Cryptotalk.org
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October 05, 2019, 06:12:30 PM |
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if you have very little trading capital like that, then you should be able to divide for trading and to hold you in the real world because in the world of cryptocurrency no one can guarantee profit so you must be smart to manage your finances.
dont put your capital on 1 trading order devide it so if you will lose you have still funds. |
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djselery
Legendary
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Activity: 1386
Merit: 1001
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October 06, 2019, 12:50:06 AM |
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I advise you to start learning more about Bitcoin, and cryptocurrency trading before beginning your first trades. You looks a beginner with the crypto world, and maybe you don't know a lot about this market which is very volatile and unstable. After getting the required knowledge about BTC and trading basics, you can start to trade with small amounts.
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Kelvinid
Sr. Member
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Activity: 2800
Merit: 344
when lambo...
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October 06, 2019, 01:02:58 AM |
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Snip...
Yes I am sure that it is worth for everyone to start bitcoin trading although the price of the coins and the bitcoin is not stable enough in which it will pump up a little but on the next few hours it will dump down again. I think this is a hard situation for the traders because it its hard to understand the progress of the market. It is only worthy if we know about trading but if not, we better stay wherever we are today. We don't need to push ourselves to learn trading if weren't enable to learn something or just for the sake that trading means profitable. Our market really feels not good and we can't think that trading would be the best place for everyone in here. A lot of people want to become a trader but only few of them win the battle against market difficulties. |
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Murat
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October 06, 2019, 04:39:13 AM |
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At first, you have to gain every ins and outs of this Bitcoin trading, Unless getting proper knowledge, you can't do any better thing in this platform, This market is not like another existing trading market, Here, it's too difficult to predict anything regarding the price of Bitcoin and other cryptocurrencies, So you have to be attentive and alert every moment, otherwise thing can be different, I know a lot of people who got a lot from trading but I also know a huge number of people who lost everything by Bitcoin and cryptocurrency trading. on the other hand, Bitcoin holding would be a good source of making a profit, when the price of Bitcoin is low then you should purchase what amount you can, and wait for the moment when the BTC price goes high, that's a simple trick.
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Tungsten-1
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October 07, 2019, 07:28:13 PM |
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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
Yes, you can confidently go ahead with trading investing $300. I did start with exactly $300. My advice would be, dont rush for profits. Have patience. Select minimum 5 best coins you wish to trade. Analyse the coins before choosing them to be in your portfolio. Keep shifting from one coin to other coin based on values. $300 is fairly enough money to start trading. I would suggest to go for bitcoin because it is the best one when comes to gaining profit out of investment but if that feels a bit difficult then it is better to go with promising altcoin and ultimately trade in bitcoin. The reason behind this is simple, only bitcoin has produced millionaire so far. People have improved their financial status by trading this cryptocurrency. |
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wxa7115
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October 07, 2019, 08:03:12 PM |
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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
It is better for you to get a job and try your luck becoming a freelancer instead of trying to become a trader, you do not really say what is your experience in trading but I will assume that is minimal and that is not enough if you want to obtain profits in the market especially with the capital you have and the profits you expect out of it, you have 300 dollars and you want to make between 100 and 250 which is the equivalent of 33% and 83% in profits in a single month and that kind of success is difficult even for an experimented trader. In most other markets you will need years to get those profits and even in this market if you got those profits during a whole year I will say that you had a good year and yet you want huge consistent profits and that is not possible. |
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Ashong Salonga
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October 08, 2019, 01:49:41 PM |
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Well if you are newbie in trading, i am suggesting you to first watch a lot of tutorial videos on youtube and when you know the basic you can start trading but i think it is better if you would start on crypto that have a small amount like neo and ltc. And i am also suggesting you to work on full time while trying to learn on crypto trading.
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Ailmand
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October 08, 2019, 03:14:21 PM |
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If you have knowledge how to trade you can earn decent income, but there is no assurance in trading you can either earn or lose money. The most preferable is to find a freelance job while trading and save some of the amount of your money while trading. But if you are new in trading try to experiment first with a little amount in trading and learn from it.
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magneto
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October 11, 2019, 10:58:07 AM |
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I highly doubt that you'd be able to start trading with such a low amount of money.
The only way that I can foresee you getting somewhat of a decent return back in terms of dollar amount would be derivatives trading, and you'd be doing that on leverage. You could experiment with it, but it would essentially be almost like gambling for a beginner.
But with such low capital, OTC trading or LBC trading will be extremely difficult. I suggest that if you want to go down that route, save a bit more money irl first and then come back.
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Rebisco
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October 11, 2019, 11:05:52 AM |
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It is good to know that you have know plan about what will you do in trading, it seems that you consider the risks that you will face. Allocate your time in studying different trading setups that you can use in trading.
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SummerBliss
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October 11, 2019, 02:34:23 PM |
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See if we talk realistic its really depends upon you that whether you want to start trading now or whenever you wish to do so.Anytime is good if you are willing to invest but if you want profits then you require some special skills like making good strategies and knowledge about the marke.The amount can be minimum or maximum according to your wish.You can start with 100$ also or with full funds of $300 but keep it long run for proper returns and sell in bullish market.
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jerry0
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October 11, 2019, 07:53:50 PM |
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how is op doing right now?
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adroitful_one
Legendary
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Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
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October 12, 2019, 12:36:56 AM |
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I highly doubt that you'd be able to start trading with such a low amount of money.
The only way that I can foresee you getting somewhat of a decent return back in terms of dollar amount would be derivatives trading, and you'd be doing that on leverage. You could experiment with it, but it would essentially be almost like gambling for a beginner.
But with such low capital, OTC trading or LBC trading will be extremely difficult. I suggest that if you want to go down that route, save a bit more money irl first and then come back.
I completely disagree. He doesn't have to make thousands of dollars in profit just starting out to see if he's any good at it. That's gambling in itself. Let the man start out with a low amount of money, see how he does, and if he does good, keep building up that bankroll as he can or as he makes money from trades. If he doesn't end up doing well, then at least he didn't lose a whole lot. |
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