Post
Topic
Board Trading Discussion
Re: how to start trading with a very small amount
by
BunnyShibe
on 01/08/2017, 23:59:28 UTC
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me

Trading with very small capital may be difficult. But there is another alternative: use your bitcoin for altcoin trading, slowly your bitcoin will increase even though it takes a very long time.
Difficult means in what sense ? In profit making and efforts taken ratio ?

Trading with small capital is highly suggested only in the beginning days of trading career because it will ensure you will not be losing big while you are learning. Hence you should not look for big profit making in your beginning days itself. Because avoiding losses will be very big challenge for all the traders and hence for beginners too.

I agree that if you are just starting trading cryptocurrencies, it is highly advised to start with the little amount of bankroll and as you become more skillful with your trading, that is the time you will increase that bankroll. And I think it would be a good thing to mindset that we treat everything as just numbers - only that we will going to increase the amount of bankroll but the strategy is still the same.
in fact it is only possible to use crypto currencies for trading with such a small amount of money.