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Topic: How much BTC is required for trade? - page 7. (Read 9307 times)

legendary
Activity: 1652
Merit: 1057
February 03, 2017, 11:49:52 AM
#94
I think it's good to start trading with small amount because you have no experience at all.So,I will suggest to start trading with that amount which you can afford to lose.Again,trading also depends on a good capital, a good capital will give you decent profit.But don't trade with that which you can't afford to lose.

I agree trading need lot experience so, if newbie wants to start low amount there are many chances that he can learn some tips about trading. But at the same time he need to focus on tips acquired with low investment. Once he is familiar he can starts investing with big amount.
But in my experience, I have concluded that sticking with same amount of capital for trading would be the safest approach regardless of how long we have been experienced with trading. If we keep on increasing our trading capital, indirectly it will mean we keep on taking big risks by feeding our danerours emotion, greed.

There will be lots of better benefits when we are sticking with the same amount of capital all the times. Our profits and losses will get equalized when we are trading with the same capital amounts for example.
legendary
Activity: 1302
Merit: 1000
February 03, 2017, 11:05:43 AM
#93
I think it's good to start trading with small amount because you have no experience at all.So,I will suggest to start trading with that amount which you can afford to lose.Again,trading also depends on a good capital, a good capital will give you decent profit.But don't trade with that which you can't afford to lose.

I agree trading need lot experience so, if newbie wants to start low amount there are many chances that he can learn some tips about trading. But at the same time he need to focus on tips acquired with low investment. Once he is familiar he can starts investing with big amount.
sr. member
Activity: 294
Merit: 250
February 03, 2017, 10:54:22 AM
#92
I think it's good to start trading with small amount because you have no experience at all.So,I will suggest to start trading with that amount which you can afford to lose.Again,trading also depends on a good capital, a good capital will give you decent profit.But don't trade with that which you can't afford to lose.
hero member
Activity: 1666
Merit: 502
February 02, 2017, 07:44:13 PM
#91
from my experience I start trading with a 0.1 bitcoin because first started I was recommended by someone teach me trading cryptocurrency but my recommendation for someone who first gamble by having 0.01 - 0.05 bitcoin to start trading because you might not be ready to accept losses
legendary
Activity: 1442
Merit: 1025
February 01, 2017, 11:03:49 PM
#90
I started with 0.01 btc, but you also need to take the trading fee (make fee/taker fee) into account so that you can calculate your profit correctly.
That must be a right amount for altcoin trading. But, for bitcoin/fiat trading, we might need more bitcoins to stay safer and not to worry about covering exchange fees too.

Only for scalping king of strategy we need to worry about exchange fees. Even for day trading, exchange fees will be covered within our profits. For long term term traders (I am one of long term trader), never bother about exchange fees with my initial trading capitals.
Yeah when it comes to trading with bitcoin/fiat you have to start with a reasonable amount in order to avoid losing some of your profits to fees, but that does not mean that you have to buy bitcoin before starting you can easily work on the internet by offering your skills for bitcoin and when you reach a good amount you can start trading.
hero member
Activity: 1204
Merit: 500
January 31, 2017, 12:31:53 PM
#89
I suppose it depends on you. if you want to try a trade, and a new start. I suggest to use a small amount, or a minimum amount on trading sites that you're interested in. it may be starting from 0.01 to 1 BTC, or more. but, I suggest to use 0.1 BTC.
hero member
Activity: 1022
Merit: 511
January 31, 2017, 11:24:49 AM
#88
For the begginers in trading like you, You need to invest just 0.01btc for now because trading is risky also in newbies you can earn a good profit in just 0.01btc with good trading strategy, I'm newbie too and i invested 0.01btc and i doubled my btc in just 3days of trading  Grin
I think for a newbie not enough with 0.01 btc, this will make us difficult to understand trading, perhaps only 1 time transactions are end. When I was new in trading, I deposit 0.5 btc. Then I traded a few coins. By buying some of the coins will make us learn faster.
Yeah indeed doing trading with 0.01 bitcoins means that we are actually making fun of this serious business. How can we buy even some alt coins with 0.01 bitcoins man ?

I don't know if even any ICO allows such low buyers. Take trading like you take business in your real life, serious and passionate, not just something you are doing to gain quick profits, if you need quick profits visit gambling section instead.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 31, 2017, 09:55:04 AM
#87
This has been one of the most asked questions asked by newbie traders or people who want to try trading to make money. If you know the basics then nothing is a small investment. Even 0.005 or 0.01, approximately 10 - 15$ is enough to start. The main point to remember is not to be greedy at first. Build your principle amount and then try experiments. 

it is true and i am agree with you, with the bigger money you use, there is a big chance that you can make a big profit too although this is not always guarantee that you will make big profit but at least, with big money, you can buy bitcoin or altcoin in big amount too and if the price is going to increase, you can be prepare to sell the coins and maybe you can make big money too.

beside that, you should think about the risk that will always follow with big funds in trading and you should thinking this as your learning in trading so at least, if you get loss, then you have a good lesson that you will not doing again in future.
hero member
Activity: 798
Merit: 501
January 31, 2017, 09:38:31 AM
#86
What is the minimum amount of BTC required to trade on Exchange sites?
Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.

It is advisable to start with a small amount and that will be the part to adapt and learn in trading. There is no minimum amount

but I think you should start with a 0.01BTC. Of course it depends on you trade only with an amount you can afford to lose so if you

are hesitating to risk that amount you are free to lower it because when you're just new to trading it is normal to make a lot of

mistakes like I did.
This is true.
Most exchanges tell you that a minimum for trading is 0.1btc.
So with the surge in the bitcoin price as of now that is roughly $100 needed to start trading in the majority of the exchanges that deal in fiat.
Or it is just not worth their time and if anything less would be eaten up in fees for trading and withdrawing from the trading account anyways.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
January 31, 2017, 09:21:36 AM
#85
This has been one of the most asked questions asked by newbie traders or people who want to try trading to make money. If you know the basics then nothing is a small investment. Even 0.005 or 0.01, approximately 10 - 15$ is enough to start. The main point to remember is not to be greedy at first. Build your principle amount and then try experiments. 
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
January 31, 2017, 07:09:51 AM
#84
If you have no enough coins of bitcoin than if you use 0.01, than it is also enough. Because no bitcoin limit is required for trade. Only need of skills and correct information about which coins you want to buy. But it is time taking experience, Our experience give us profit from trading.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
January 31, 2017, 06:09:50 AM
#83
I started with 0.01 btc, but you also need to take the trading fee (make fee/taker fee) into account so that you can calculate your profit correctly.
Taker and maker fee is just really low that i barely even consider these exist, there's nothing you need to worry about this fee unless it's surpass 2% or even more. so you will not just go bankrupt if your balance are deducted to pay these fee, better to think another problem to make your trading succed.
legendary
Activity: 1386
Merit: 1058
January 31, 2017, 05:44:15 AM
#82
I started with 0.01 btc, but you also need to take the trading fee (make fee/taker fee) into account so that you can calculate your profit correctly.
That must be a right amount for altcoin trading. But, for bitcoin/fiat trading, we might need more bitcoins to stay safer and not to worry about covering exchange fees too.

Only for scalping king of strategy we need to worry about exchange fees. Even for day trading, exchange fees will be covered within our profits. For long term term traders (I am one of long term trader), never bother about exchange fees with my initial trading capitals.
hero member
Activity: 762
Merit: 500
January 31, 2017, 04:33:45 AM
#81
I started with 0.01 btc, but you also need to take the trading fee (make fee/taker fee) into account so that you can calculate your profit correctly.
sr. member
Activity: 490
Merit: 250
January 31, 2017, 04:29:59 AM
#80
You need to start with a bankroll like you do it in poker and bet only 1% of it, so if you want to start with 1 btc 0.01 is okish

if you lose 10% review again your strategy because it's not working

Just like on gambling, there is always a strategy, if you are going to roll out your money on tradings, you should know if you can win or lose. On tradings, you are like betting some money on trades, betting more money can earn a lot, while betting small money, can earn small money, but if your tradings will lose, you will lose your money. You are the one who can decide what you should on investing.
legendary
Activity: 3248
Merit: 1070
January 31, 2017, 02:41:09 AM
#79
You need to start with a bankroll like you do it in poker and bet only 1% of it, so if you want to start with 1 btc 0.01 is okish

if you lose 10% review again your strategy because it's not working
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
January 30, 2017, 11:56:10 PM
#78
For the begginers in trading like you, You need to invest just 0.01btc for now because trading is risky also in newbies you can earn a good profit in just 0.01btc with good trading strategy, I'm newbie too and i invested 0.01btc and i doubled my btc in just 3days of trading  Grin
I think for a newbie not enough with 0.01 btc, this will make us difficult to understand trading, perhaps only 1 time transactions are end. When I was new in trading, I deposit 0.5 btc. Then I traded a few coins. By buying some of the coins will make us learn faster.

Without knowing some techniques about trading, really it is not worth investing in to trading. Start with little amount of money into trading and don't keep any hope that you will make money. Just try with little amount and learn some techniques about trading, after learning you can start investing more money into trading.
legendary
Activity: 910
Merit: 1000
January 30, 2017, 11:48:31 PM
#77
There are not true amount of capital bitcoin for trading 
everything depend on you how much bitcoin will be ready for lost in trading,
personaly i use 0.2BTC of amount capital for trading altcoins because
I just be ready for lost in trading altcoins for 0.2BTC and of course with small profit too.
sr. member
Activity: 420
Merit: 250
January 30, 2017, 08:22:31 PM
#76
For the begginers in trading like you, You need to invest just 0.01btc for now because trading is risky also in newbies you can earn a good profit in just 0.01btc with good trading strategy, I'm newbie too and i invested 0.01btc and i doubled my btc in just 3days of trading  Grin

you'd be trading with shitcoins in that case. you got lucky you doubled yours but if you have to make sure you win the most of your trades, you would need more than that. maybe buying considerably 25 XMR or ETH.
Not lucky dude, Sometimes i lose sometimes i win, But i have 1 more tip in successful trading altcoins, Buy very cheap altcoins like 1 to 5 satoshi price and wait for it to pump im surely it will not dump because its in the lowest price but it takes time to pump you need patience but worth it.
hero member
Activity: 2926
Merit: 533
Leading Crypto Sports Betting & Casino Platform
January 30, 2017, 06:56:44 PM
#75
For the begginers in trading like you, You need to invest just 0.01btc for now because trading is risky also in newbies you can earn a good profit in just 0.01btc with good trading strategy, I'm newbie too and i invested 0.01btc and i doubled my btc in just 3days of trading  Grin

you'd be trading with shitcoins in that case. you got lucky you doubled yours but if you have to make sure you win the most of your trades, you would need more than that. maybe buying considerably 25 XMR or ETH.
Or buying some pascal coin and NXC. But about the bitcoin trading are too difficult with the higher demand and the volatility it makes the price movement is very fast. I lost a lot caused by it. Make sure learning from a little, but altcoin is better for beginner.  Grin
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