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Topic: how much altcoin like Ethereum or Dogecoin can I have before I can start trading (Read 712 times)

sr. member
Activity: 308
Merit: 250
Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
Different exchanges have different limitations of min amount to trade, but it is a very small amount.It's up to the exchange you are trading at.
hero member
Activity: 1190
Merit: 500
Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
Many traders will give you difference suggesting amount of capital for trading altcoins, the finall desicion everything depend on your ability to take the amount of capital for trading will being losing. I suggest to you use very a little amount of ethereum start with 0.5 ETH and it is must iddle money, don't use loan money to trading altcoins, make sure you can get constant profit although just a little numbers then you can add more capital for trading altcoins.
for first the minimum purchase / capital for trading on each exchange is different, second are true what you say that you can use the amount of money for use to trade in accordance with your ability and your readiness to face losses. if you have good trading skills you can use a large capital, adjust also with the amount of money you have, because it is also about manage financial
hero member
Activity: 854
Merit: 522
start with low amount first while you start to learning how it works

some people need times to understand how to invest in long time
Your suggestion is very dangerous for newbie who don't know anything about trading altcoins activity, should you suggest to him use account demo on the exchangers to try demo trading until he find the best way to making good prediction of price, management of the money in demo account and the management of the risk in demo account trading, tell to him to starting learning by doing in demo account trading.

i think its not dangerous because if he wants to learn hard and smart and practising in everyday, i am sure that he can know how to trade. beside that, if he can buy minimal 1k or 10k for dogecoin and 1-5 ethereum and he can hold it for a longer time, then i think he can make big profit. but this is depend with his bitcoin balance in the account and i think don't go with large amount to buy dogecoin and ethereum. for the demo account, i think he can go with bitmex and search for that account for learning.
Lol, you are hero member but talking about trading is like newbie, you are talking about trading is like real job, hard work and getting large of profit from trading,  If getting large of profit from trading is very easy just by hard work all of people will get money on trading and all of people being rich. You are talking about trading is like the baby learning ABCDEFG...
legendary
Activity: 1666
Merit: 1001
Actually there are no limit, but for the coin that under 10$ it is better to buy more than 1 coin, small trade will make you lost your money because of the transaction fee, the ideal to start is 30$ to 100$ for a newbie traders, but if you aim for higher profit then you need to have more than 100$
sr. member
Activity: 812
Merit: 253
There are actually no limits on how much you would like to start with trading, it just really depends on how much you would want to spend or invest in trading. Just be sure that the amount you are investing would be an amount you would want to wait for because sometimes it takes time for you to profit too.
hero member
Activity: 966
Merit: 552
Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
Many traders will give you difference suggesting amount of capital for trading altcoins, the finall desicion everything depend on your ability to take the amount of capital for trading will being losing. I suggest to you use very a little amount of ethereum start with 0.5 ETH and it is must iddle money, don't use loan money to trading altcoins, make sure you can get constant profit although just a little numbers then you can add more capital for trading altcoins.
full member
Activity: 392
Merit: 101
You don't need any Eth or Dodge or BTC. I started by mining CPU coins and then traded those for btc. That's how I got my first btc anyways.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
start with low amount first while you start to learning how it works

some people need times to understand how to invest in long time
Your suggestion is very dangerous for newbie who don't know anything about trading altcoins activity, should you suggest to him use account demo on the exchangers to try demo trading until he find the best way to making good prediction of price, management of the money in demo account and the management of the risk in demo account trading, tell to him to starting learning by doing in demo account trading.

i think its not dangerous because if he wants to learn hard and smart and practising in everyday, i am sure that he can know how to trade. beside that, if he can buy minimal 1k or 10k for dogecoin and 1-5 ethereum and he can hold it for a longer time, then i think he can make big profit. but this is depend with his bitcoin balance in the account and i think don't go with large amount to buy dogecoin and ethereum. for the demo account, i think he can go with bitmex and search for that account for learning.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
if you are not well aware of the crypto, I would suggest you to start reading a lot before investing a penny. You can participate to campaign to obtain an amount; With that, you can trade what you want and learn from your mistake.
hero member
Activity: 854
Merit: 522
start with low amount first while you start to learning how it works

some people need times to understand how to invest in long time
Your suggestion is very dangerous for newbie who don't know anything about trading altcoins activity, should you suggest to him use account demo on the exchangers to try demo trading until he find the best way to making good prediction of price, management of the money in demo account and the management of the risk in demo account trading, tell to him to starting learning by doing in demo account trading.
legendary
Activity: 3136
Merit: 1392
Join the world-leading crypto sportsbook NOW!
Thanks Guys I really like the way you all are putting me through on this I guess I will have to gather more of my Ethereum and Dogecoin too so that I can Gain better.
Ethereum is rather considered as a long-term investment but it's okay to buy some now, because the price is still recovering. The same holds for Dogecoin even more. Doge's usual price is about twice as big as it is now, so I guess buying right now is a great idea. You should register on bittrex, it's really a good and trusted website where everything is simple and the min investment is really low, you can buy or sell something which is worth min 0.0005 btc. Good luck!
hero member
Activity: 1456
Merit: 578
HODLing is an art, not just a word...
Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
Before you can join a trading platform, have at least 0.001 BTC worth of altcoins before trading at least for it to be profitable but the profit you will get is low. It depends if you trade those low price coins that are very volatile and ride them right you will get good returns. You can also have 0.0005 BTC but I don't recommend doing trades with this low amount of capital.

there is actually no limit on how much you bring in for your investment. everything is calculated percentage-wise. of course the minimum is important but there are exchanges that have very low minimum. for example Cryptopia has 10 Doge or 500 satoshi limit for their trades. and even if you start with 1000 satoshi you still make profit on that amount. like 100% on 1000 is 2000 satoshi in total.
and it doesn't matter if it is small. what matters is that you choose a number that you are comfortable with.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
Most trading engines have a minimum amount of about 50,000 satoshis worth (with some it's higher) per trade.

Just google the different trading platforms, they should list the minimum trade amounts in their FAQs.
full member
Activity: 406
Merit: 100
start with low amount first while you start to learning how it works

some people need times to understand how to invest in long time
hero member
Activity: 560
Merit: 500
Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
Before you can join a trading platform, have at least 0.001 BTC worth of altcoins before trading at least for it to be profitable but the profit you will get is low. It depends if you trade those low price coins that are very volatile and ride them right you will get good returns. You can also have 0.0005 BTC but I don't recommend doing trades with this low amount of capital.
sr. member
Activity: 308
Merit: 267
Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.

Any amount will do, there's no specific amount of coin before you start trading the main idea is this "If you have low capital you will earn low profit and if you have high capital you will earn high profit" that's it. The more you invest the more you will earn so if you want high profit the invest high capital.

But beware trading is RISKY if you invest high capital and you don't know how to trade then there's a high chance that you will lose a big amount of coin. So if you want to test and try trading you should try investing a low capital fist and familarize the movements in trading and if you're good enough then that's the time you will invest a big amount.
full member
Activity: 378
Merit: 100
When Football meets Crypto
Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.

There is no limit of amount in trading, You can invest as much as you want and start immediately. I suggest that you should not use your salary or own income to invest in bitcoins to start trading. I highly recommend that you must join different types of campaigns and work as hard as you can till you earn much to trade, I hope this will help you.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
0.

Pick a coin that can be mined and get 0.0000001 SAT's
Take that and trade with it on an Exchange.

I did it that way and made and cashed out and spent about 12 fucking god damn grand.
And i could have made more but i was sickened by the shit hole scene this has become.

Only a moron would send real money to shitty ass crypto bullshit web services  Roll Eyes

None of you are EVER going to be in my league.  Cool
sr. member
Activity: 350
Merit: 250
No minimum or maximum amount, but yes you should still consider the value of your money before you start trading it is because the more money you invest the more money you will gain or you will lose, just follow the basic rule "buy low, sell high" and never do the opposite, always buy at the dips and always dyor before trading in a specific coin.
sr. member
Activity: 1414
Merit: 254
Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
No need so much to become a trader, you are always be able to become trader even if you have 1$ on Ether nor Dogecoin although the benefit is very low. The other thing you need is being patient, sometime trading need lot of time to be profitable.
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