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Topic: Day Trading - page 7. (Read 3878 times)

hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 30, 2017, 08:41:35 AM
#53
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
Experiment, put a little then you'll see how it goes, it all depends on you well and the currency jumps, you can go up and maybe not, it's hard to say. But the amount is normal.

$100 is enough to do experiment while we need to learn about trading. and if we have some lesson and practice every day, i am sure that with $100, you can increase your capital and finally your money can increase too. its not about how much good amount to start with but its about do you want to learn trading or not because if you don't learn anything and just sit down waiting for pump from some people then its hard to increase your money. we need to learn more so our skills in trading can increase too.
sr. member
Activity: 882
Merit: 282
September 30, 2017, 03:23:40 AM
#52
Day trading is a very good way to make good money from bitcoin and others cryptocoin! I have been following how market reacting to daily news that do come on the net and how traders reacted to them in a second. I think day trading is very good if you are not a panicking one.
hero member
Activity: 1134
Merit: 517
September 30, 2017, 03:15:07 AM
#51
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
I must be candid with you, if you are considering becoming a day trader and you are yet unable to figure out an ideal amount to get started with, then your home work was not thorough or complete. I think you will do well to straighten the rough edges before embarking on the venture because everything is going to depend on how really prepared you come to the market. The allure to dash to the market for some quick profit should be put on check because it almost always lead to regrets, which otherwise could have been avoided because profitable trading opportunities would never cease.
newbie
Activity: 28
Merit: 5
September 30, 2017, 01:07:56 AM
#50
There are a lot of coins to start trading intraday. Of course, it depends on a strategy you use. Where are a lot of coins with a small price for 1 coin and good market capitalization. Look at their charts, think, apply your strategy and make the profit. I usually use http://strymex.com for filtering such coins. It is a good screener of crypto with nice charts.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
September 30, 2017, 02:17:45 AM
#50
To be honest if you are not that familiar with trading then start with a small amout or better trade with a demo account. That $200 will disappear right away if you do not have any idea with trading.

But if you actually have an idea with trading but not with crypto trading then for starters thats enough. You just need to get familiat with the other coins.

it is trading we are talking about not gambling.
your money won't just disappear if you make a mistake! when some altcoin invested in goes down for example your $200 will become $150 worse case scenario but you can learn from that mistake and never repeat it and make that $150 back to $200 and then more.
full member
Activity: 294
Merit: 101
Streamity Decentralized cryptocurrency exchange
September 30, 2017, 12:15:53 AM
#49
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
i think no need for big invest here because even its little you can earn like day by day study first the trading i recommend xem buf the earnings is for long term the price is volatile but i earn by that just a little then you can earn also in faucet here no invest and no risk
full member
Activity: 812
Merit: 142
September 30, 2017, 12:12:04 AM
#48
I think  $100-200 is suitable for a student, if you have a job and want to invest in something to have a good reward, I suggest you begin with 1 BTC.

Be cautious when you are doing day trading with 1 Btc at beginning beacuse hope you are aware that trading is very risky and it involves the understanding of technical analysis as well as knowing when to entry and exit the market to make profits . Then only day trading can be profitable else you may even lose the money easily .
sr. member
Activity: 632
Merit: 250
September 29, 2017, 11:52:39 PM
#47
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
Experiment, put a little then you'll see how it goes, it all depends on you well and the currency jumps, you can go up and maybe not, it's hard to say. But the amount is normal.
full member
Activity: 364
Merit: 107
September 29, 2017, 11:15:54 PM
#46
To be honest if you are not that familiar with trading then start with a small amout or better trade with a demo account. That $200 will disappear right away if you do not have any idea with trading.

But if you actually have an idea with trading but not with crypto trading then for starters thats enough. You just need to get familiat with the other coins.
full member
Activity: 150
Merit: 101
September 29, 2017, 08:33:46 PM
#45
I think  $100-200 is suitable for a student, if you have a job and want to invest in something to have a good reward, I suggest you begin with 1 BTC.
sr. member
Activity: 1750
Merit: 267
September 29, 2017, 07:53:46 PM
#44
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
Day training is an another good way. I think it is instant way to earn money. In this case, capital is not main factor. You should need to know basic rules of trading and follow it. If you are not an expert on trading, capital will not help you in this condition. So use your capital on right way for trading.
sr. member
Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
September 29, 2017, 06:17:47 PM
#43
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
If you dont have enough knowledge about projects and how blockchain works and etc. At first it is better to gain some experience and start to trade with a really small ammounts for example 50$, after you will start to get profit daily you can try to invest more and so on. Still at first it is better to have some basic knowledge of where you want to invest in.
hero member
Activity: 672
Merit: 500
September 29, 2017, 06:09:26 PM
#42
For me intraday trading is the best way to earn money, especially this kind of trading suitable for altcoins, which are changed every moment.
full member
Activity: 294
Merit: 113
September 29, 2017, 04:36:23 PM
#41
Day trading was really hard for me in the beginning. You won't be able to sleep relaxed because your mind is on the trade. After some time it gets better and you will learn to step down from risky trades. This was my experience.
sr. member
Activity: 419
Merit: 250
September 29, 2017, 03:46:08 PM
#40
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
Day trading is depend on your capital availability, then if any of the altcoin in the exchange platform are movable which you think is very aggressive in the value it s a sign for you to that coins in that day. So that you can gain and get bitcoin as well too.
Nope, I think trading in a long term depends on your capital than day trading, because it need you have a huge money to make a big profits in once time. Of course if your capital very small, it not useful although your order still give you a profits.
sr. member
Activity: 322
Merit: 250
September 29, 2017, 03:26:32 PM
#39
You can start with that amount, but you are going to earn so little money everyday.. With that amount you can earn 1% a day or maybe more because it is a small balance and you can take more risks, but 1% of 100$ is just $1, and imagine how it would be if you want to raise your budget with one dollar a day, it would take you three months to have $200 on your balance.
So it is better to try to earn more money, at least $500 or a little bit more, and then start trading.
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
September 29, 2017, 03:23:32 PM
#38
You can start with whatever amount you like or have right now, don't just put everything you have in one coin. Only trade coins that have huge daily trading volume, coin with low marketcap or trading volume are not ideal for day trading.
full member
Activity: 415
Merit: 100
September 29, 2017, 11:14:50 AM
#37
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
[/quote

$100-$200 is a fine amount in my opinion. You won't be making a lot but you will certainly be able to grow your amount over time and the information and understanding you gain from actively trading will be invaluable. You will probably have a lot of bad days and make a lot of silly mistakes to begin with so it's always better to start with a smaller amount.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
September 29, 2017, 11:00:05 AM
#36
I've been thinking for a bit about day trading Bitcoin, and am curious, what is a good amount to start with? Would it be possible to start with maybe $100-200 and work my way up?

Sorry if i'm posting in the wrong section, pretty new to forums here.
$100 and $200 is not significant amount for day trading, what you can usually make with day trading is less than 5% of your total bankroll that also only if you can trade correctly and can predict different price levels.
 
5% is only 5$-10$ per day max you can make with that amount, if that amount is enough for you than you can start day trading. But don't expect to earn any profit for first few weeks and you can also lost those $100 or $200 when learning trading. So only put what you can afford to loss in day trading.
legendary
Activity: 1652
Merit: 1000
September 29, 2017, 10:56:57 AM
#35
those amount is enough to starting trading but regarding the profit still depend on your skill to predict the market movement however sometimes bitcoin price movement was pretty slow so we cannot rely on daily trading to get profit
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