Post
Topic
Board Trading Discussion
Re: how to start trading with a very small amount
by
ayesha sadiqa
on 23/10/2016, 08:51:46 UTC
Either you start with a smaller or bigger amount the most important factor is how knowledgeable you are about it and what strategy you will follow to make profits and reduce the risks, and if you can manage this then rest everything will be fine with you.
Apart from knowledge, there is a word PATIENCE and I believe at least this is a must if you are a trader or want to become one. I myself when was new in trading used to get worried when the price of any coins I bought got less and then the panic resulted in selling those coins, later I usedto regret since they slowly climbed the ladder and got back to normal price.

Yup patience is the key to make profits in trading and if you lack patience then you are surely putting your money at wrong place which will bring only loss for you and nothing else.

You are right but I think that you can better first start to grow your bitcoin a bit and than later on start trading, I would never trade with low amounts because its simply not profitable at all.
but if you are not going to invest or trade with your bitcoin then how can you grow it, you can even do trading in alt coins with such a little amount of bitcoin you can trade in such coins whose price is very cheap and you can buy a good amount of it. and when the price of such coins increase then sell it and you will get a good profit.