FLoving
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December 25, 2019, 04:37:16 PM |
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I would just buy Bitcoin and save them, and buy $50 worth of Bitcoin every month until Q4 2021 and see how many profit I have made. That would be the easiest way to earn profit, and making money doesn't always mean you need to trade everyweek, everyday or everyhour.
Yeah, i would do that too but the fact that the money the OP has with him is just too small. As a capital for investment it is not enough to make a good profit because it might be eaten already by the transaction fees if he's going to trade. Even if he buys bitcoin that would not be enough to make some profit if he do able to hodl for a year. In the OP he mentioned that he will like to go for BTC but in that case I agree with you that he will not be able to manage the transaction fees etc. But if he will choose to trade in altcoin then he do not have smaller amount as at my first trade I took start with $5 or $10 or something around that amount to test that how it work and I started to earn effectively with that amount. He can start his testing phase with that amount easily.
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davinchi
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December 25, 2019, 04:40:01 PM |
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Now that everyone basically said "you can't make much with 50 dollars" I would like to thrown in my hat and say that maybe you can do a lot more risky investments with that kind of money? I know it looks like 50 dollars is not much but you have to remember not all of us come from countries that have 50 dollars as 2 hour minimum salary, we call one days work most of the time and sometimes even not that much.
So, 50 dollars is a good sum in many places of the earth however in crypto you can't make it double or triple that quickly to make a change, usually you are lucky if you make 100% in a whole year. That is why I would assume if you invest into an IEO right at the correct time and get out very quickly, you might have a chance, you can also lose all your money but that is a risk you have to take.
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dunfida
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December 25, 2019, 05:06:48 PM |
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Now if we subtract half of that $2.5 for fees, the remaining amount would be $1.25 That means around $1 profit. What do you think?
Before you assume this and that, how good are you with trading? Trust me, deciding when to enter and when to exit is way more difficult than setting a target to get $1 a day, especially with just $50. Lending is probably going to give you better & predictable interest but it will take way longer than day trading. Lending would an another story though but a considerable option to take rather than risking your money to trade when you are just new. $50 isnt really that big and aiming for $1 on constant basis? As said even trying to predict on what would be the entry price would be the hardest part.It might sound or look to easy but when you are already in the field then for sure you would able to say that buying low and selling high isnt simple.
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Negotiation
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December 25, 2019, 05:07:55 PM |
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I think you should have enough knowledge about investing before investing Your investment amount is much less. If you trade without understanding it will be very risky. If you want to grow your business a little by investing $ 50 in crypto then day trading will be good for you. You can earn some profit by trading daily. Also, research should be done before investing.
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ReiMomo
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December 25, 2019, 05:15:17 PM |
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I think you should have enough knowledge about investing before investing Your investment amount is much less. If you trade without understanding it will be very risky. If you want to grow your business a little by investing $ 50 in crypto then day trading will be good for you. You can earn some profit by trading daily. Also, research should be done before investing.
I won't recommend this, what if this won't work and as far as I know this is a very risky idea. Daily trading is very risky and $50 is a small amount to start with. Remember that there is a fee to cover the fees when transfer your bitcoin into exchanges. Probably I will recommend to hold and invest in bitcoin in long term purposes and long term trading I guess that is much better than daily trading especially if you are a newbie.
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Slow death
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December 25, 2019, 08:56:36 PM |
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I know that it may be impossible to trade with $50 capital because it is a very low You must think positive. You have $50 and the bitcoin price is $7250. you can buy now and sell when the price reaches $13000- $14000. then wait for the price to fall to $9000 and buy again and sell When the price reaches $16000 - $18000 for example. and wait the price to fall to buy again, repeat this process for a long time that you will turn your $50 into more money. Just imagine that if you bought when the price was $3000 and sold when the price reached $ 12000 you would make $ 200 profit and then buy back now at $7000 and wait the price to reach $14000 to double $200. I'm saying this so you can see that you can turn that $50 into more money
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WLtoys V912 (OP)
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December 25, 2019, 09:14:33 PM |
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I know that it may be impossible to trade with $50 capital because it is a very low You must think positive. You have $50 and the bitcoin price is $7250. you can buy now and sell when the price reaches $13000- $14000. then wait for the price to fall to $9000 and buy again and sell When the price reaches $16000 - $18000 for example. and wait the price to fall to buy again, repeat this process for a long time that you will turn your $50 into more money. Just imagine that if you bought when the price was $3000 and sold when the price reached $ 12000 you would make $ 200 profit and then buy back now at $7000 and wait the price to reach $14000 to double $200. I'm saying this so you can see that you can turn that $50 into more money This is exactly what I wanted to do with my $50 investment because it requires less risk than daily trading. As I said earlier, I don't care if It takes a while to make profit because for the time being my main goal is to increase my investment to reach $100 to be able to do daily trading in the near future. I've collected this $50 mainly by making posts in Cryptotalk and viewing paid ads in Adbtc.top and some other legit PTC websites. I earn about $1.5 per day now. I started this topic to find a way to accelerate my process of earning bitcoin. My plan is to earn as much bitcoin as possible to hold it until the 3rd halving in 2020 happens because it may cause bitcoin price to multiply by 10x or even 20x if I am lucky and the history repeats itself! (Like golden days of 2012 and 2016). I don't dare to buy ICOs or IEOs because they are very risky to invest even if you are a professional traders and most of them turn out to be scams. I won't recommend this, what if this won't work and as far as I know this is a very risky idea. Daily trading is very risky and $50 is a small amount to start with. Remember that there is a fee to cover the fees when transfer your bitcoin into exchanges. In fact I don't trade with exchanges. I have a Perfect Money account for my USD funds and a Blockchain wallet to store my bitcoins. I check prices to see when is the right time to buy BTC. Whenever BTC price goes down enough, I exchange my Perfect Money USD to BTC through some legit online E-Currency exchangers and keep BTCs in my Blockchain wallet. When BTC price goes up again, I exchange my BTC to Perfect Money USD and receive them in my USD account for the next exchange. This is the way I trade with BTC USD pair. There are some reasons for this: 1 - I pay less fees because exchanges charge high fees for BTC transfer. 2 - It is not safe to deposit and hold BTC in exchanges because they are prone to hacker attacks. Wallets and accounts are safer than exchanges.
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Mumbeeptind1963
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December 25, 2019, 11:29:41 PM |
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Hello dear members, I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future. I prefer working with bitcoin.
What is your idea about this?
You may buy a XRP with that price, xrp price now is low and I think ideal to be bought now due to its low price. Just work more for signature campaign or posting in forums so that you will earn more. The bigger your money in your jnvestment , the bigger you will get in the long way run. Or buy some bitcoin and hold it till next year, I am sure it will have a profit.
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nydiacaskey01
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December 25, 2019, 11:45:37 PM |
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Hello dear members, I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future. I prefer working with bitcoin.
What is your idea about this?
You can trade with your $50 but as you said profit will be very low and don't just place that $50 in just 1 coin. You need to spread that to at least 3 altcoins maybe or 2 that way if the other coin that you bought did not give you profits, at least the other coin might help you recover your losses. Don't aim for high profits if you wan't to be safe. 2% per trade is enough.
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Peashooter
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December 26, 2019, 01:28:18 AM |
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Hello dear members, I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future. I prefer working with bitcoin.
What is your idea about this?
Personally, it's a good idea for me for you to decide trading it even though your balance isn't huge because every professional traders started from small amount. For the reccommendation regarding which market to trade; since you're just starting then you should trade with huge volume coin which has a less volitality making your trades less stressful. Once you've learned enough how altcoin's price move very effectively, then you may proceed trading non-popular coins which swings drastically from time to time.
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Savemore
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December 26, 2019, 05:12:42 AM |
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$50 is small investment but you can manage it if you have good trading skills. Identify what kind of a trader are you. You should find out if you are a swing trader or a momentum trader. A swing trader means that you are trading inside the area of value of a specific cryptocurrency where it is often buying at support and selling at resistance. The trading strategy that you should is where your emotions are suitable to you. Do not just follow some opinions, you are the one who will find out what kind of trader are you.
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Janation
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December 26, 2019, 05:25:13 AM |
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I think you should have enough knowledge about investing before investing Your investment amount is much less. If you trade without understanding it will be very risky. If you want to grow your business a little by investing $ 50 in crypto then day trading will be good for you. You can earn some profit by trading daily. Also, research should be done before investing.
Day trading? With $50? I don't think that that money would be enough with day trading. Day trading is hard especially these times when we don't know what will happen to the price. With the halving being set up in the next few months, it will become harder to do. If you will be investing in that amount, I think it is better to hold it for now. A week or a month is maybe just attentive to the price movements. For me, that is not enough and I don't recommend anyone trading with that amount. Not only because it is small but also it just gives that you are not certain to what you are doing or what might happen with it.
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Subbir
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December 26, 2019, 05:27:22 AM |
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Money isn't dragging the matter is that what proportion experience you've got is judged here the unwritten formula of trade is that you simply need to be experienced first but you'll do anything. And if you're not experienced then expecting a nasty time for you is that the best thanks to making the great dedication.
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michellee
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December 26, 2019, 07:24:41 AM |
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Hello dear members, I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future. I prefer working with bitcoin.
What is your idea about this?
With $50, I guess you can trade for one or two coins at the market. You can choose binance as a start, and only choose the coins which are in the top 10 coin list. By choosing one or two coins from that list, I think you have a chance to make a profit from each coin so you can increase your money too. I think you can try with trx-usdt, litecoin-usdt, or even xrp-usdt because I have a good experience in trading with those coins. But before you choose those coins, you should analyze by yourself so you can see how big your chance to make a profit from those coins.
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Shimmiry
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December 26, 2019, 07:56:16 AM |
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Hello dear members, I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future. I prefer working with bitcoin.
What is your idea about this?
With $50, I guess you can trade for one or two coins at the market. You can choose binance as a start, and only choose the coins which are in the top 10 coin list. By choosing one or two coins from that list, I think you have a chance to make a profit from each coin so you can increase your money too. I think you can try with trx-usdt, litecoin-usdt, or even xrp-usdt because I have a good experience in trading with those coins. But before you choose those coins, you should analyze by yourself so you can see how big your chance to make a profit from those coins. In cryptocurrency trading we have a different choice where do you need to invest our money, it depends on our taste where do you put our money. In trading, we have a different choice first is the short term trading, this one you are investing to your coins to the altcoins this coin is like bitcoin but does not the same value of the bitcoin, and you can earn money using this by daily, weekly or monthly. Next is the long term trading this one it takes a long day or a year before you get your profit this time bitcoin is suitable for this trading because the price of the bitcoin it takes a lot of months or even year before the price becomes profitable. With that large amount of value make sure you are ready to risk all of that money to a transaction, there is a half of a chance you will get a profit.
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FLoving
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December 26, 2019, 12:48:52 PM |
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I know that it may be impossible to trade with $50 capital because it is a very low You must think positive. You have $50 and the bitcoin price is $7250. you can buy now and sell when the price reaches $13000- $14000. then wait for the price to fall to $9000 and buy again and sell When the price reaches $16000 - $18000 for example. and wait the price to fall to buy again, repeat this process for a long time that you will turn your $50 into more money. Just imagine that if you bought when the price was $3000 and sold when the price reached $ 12000 you would make $ 200 profit and then buy back now at $7000 and wait the price to reach $14000 to double $200. I'm saying this so you can see that you can turn that $50 into more money I think you are suggesting to him for long term trade which many traders are doing when they have a bigger investment in bitcoin but besides that short term or day trading is also possible in bitcoin. For short term trading the trader have to join a highest volume bitcoin trading exchange and have to buy and sell bitcoin in continuous fluctuation of the price. In this type of trade he will not wait for longer but he can get profit on each sale.
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Andrews193
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December 26, 2019, 01:15:38 PM |
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Hello dear members, I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future. I prefer working with bitcoin.
What is your idea about this?
You can trade with your $50 but as you said profit will be very low and don't just place that $50 in just 1 coin. You need to spread that to at least 3 altcoins maybe or 2 that way if the other coin that you bought did not give you profits, at least the other coin might help you recover your losses. Don't aim for high profits if you wan't to be safe. 2% per trade is enough. Well, as we all know, $50 is not a lot of money, if we distribute it to many altcoins, the profit from the beginning is low, such distribution will make it lower than ever, so I don't think such a proposal of capital allocation is appropriate, focusing on an altcoin with appropriate fluctuations will help us to make better profits. Besides, we should not aim for high profits but do not focus on low profit levels such as 2% each time, it is not enough money to pay fees, at least from 7% -10%, this is the number that I feel altcoin can easily achieve
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Colt81
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December 26, 2019, 01:28:58 PM |
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Hello dear members, I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future. I prefer working with bitcoin.
What is your idea about this?
I think evryone would recommend you to invest your 50$ capital to bitcoin because it is the best cryptocurrency that you could get a good profit, instead of buying coins that don't have a good value. Bitcoin would be really a wise choice because it has a potential to increased it's value in the near future, that is why it is good for a long term investment.
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Hamstead
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December 26, 2019, 03:09:08 PM |
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Hello dear members, I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future. I prefer working with bitcoin.
What is your idea about this?
I think evryone would recommend you to invest your 50$ capital to bitcoin because it is the best cryptocurrency that you could get a good profit, instead of buying coins that don't have a good value. Bitcoin would be really a wise choice because it has a potential to increased it's value in the near future, that is why it is good for a long term investment. Because it only Bitcoin has seemed to be the best choice over the others. We know $50 is just of small amount but we can make it big if we are consistently profiting. But all of this will also matter how we manage our funds and look at every opportunity that the market has. If we are not getting satisfied to Bitcoin, we could also consider some potential altcoins.
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Hamphser
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December 26, 2019, 03:15:08 PM |
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I would just buy Bitcoin and save them, and buy $50 worth of Bitcoin every month until Q4 2021 and see how many profit I have made. That would be the easiest way to earn profit, and making money doesn't always mean you need to trade everyweek, everyday or everyhour.
Yeah, i would do that too but the fact that the money the OP has with him is just too small. As a capital for investment it is not enough to make a good profit because it might be eaten already by the transaction fees if he's going to trade. Even if he buys bitcoin that would not be enough to make some profit if he do able to hodl for a year. In the OP he mentioned that he will like to go for BTC but in that case I agree with you that he will not be able to manage the transaction fees etc. But if he will choose to trade in altcoin then he do not have smaller amount as at my first trade I took start with $5 or $10 or something around that amount to test that how it work and I started to earn effectively with that amount. He can start his testing phase with that amount easily. It's still a waste of time to invest with such amount if OP is serious about of making some profit he must have to increase his money for investment. $5 to $10 is just a dust money and just like you said it was for experiment only on how effective to invest in altcoins with that amount but i don't think it will work to these days anymore.
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