How much BTC is required for trade? - page 9.

jossiel

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Quote from: the.jack20 on January 27, 2017, 05:34:08 PM

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 depends on how you are willing to invest into that trading site. But I know as long as you have enough bitcoin and can afford an alt coin.

Then you are in and most of the trading sites does implement that rule, you just need to deposit any amount you can.

And it depends if there are coins you can already buy with your deposited bitcoin.

Slow death

legendary

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Quote from: the.jack20 on January 29, 2017, 10:02:05 AM

I understand that when we lose the most reasonable amount, start with as much money as we will not worry.

What is the critical information we need to know when trading? Bitcoin's price keeps coming up and down. We can buy it at a lower price and sell it at a higher price. What are the problems waiting for us here?
Is USD/BTC sensible or altcoin trading?

There are many things you need to know to succeed in the negotiation, I will not tell you here because this is a secret and it is part of my strategy. But knowing technical analysis helps a lot

Makes trade of:

BTC/USD

It's simpler and "safer".

If you want to trade altcoins, I recommend that you read a lot about altcoins, if you do not want to have huge losses

Vaskiy

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Quote from: mrjoy15 on January 29, 2017, 10:45:57 AM

As much as you can afford.Huge investment ensure you big chance to make profit from trading but didn't forget skill thyself.

Yeah, based upon the investment one can afford can make a big profit. Trading is effective when you learn from your experience. Moving based upon the strategies of someone will not get desired profit.

electronicash

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Quote from: ?? on ??

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.

that's right. just few so start with just $30 worth of btc to buy some coins that being pumped on yobit and from there you get to learn how to do it. and then compare the feel of it to some other exchange like bittrex and polo. pumped coins on yobit are the easiest to profit but then you have to be aware and careful so read the trollbox.

Bitcotalk

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Quote from: d@nte on January 29, 2017, 10:37:56 AM

Quote from: Superzpay on January 29, 2017, 10:27:51 AM

It looks like it is your first time to start the trade so you have to remain cautious about the coins in which you are investing and you do not need to spend much on starting the trade. Spend only the smallest amount which you can afford to lose and when you know that you can trade successfully then spend more bitcoins on trade.

Yeah, I think that for beginners it's never advised to start investing very large amounts of money. It is better to invest small amounts, and gain experience with small trades... over time, the trader will be able to make better projections in the market and will understand aspects that were previously seen as incomprehensible, increasing the chances of making better decisions.

But he is saying that he want to earn dollar with that it means that he have experience in trading and now he want an amount with which he will be able to get a steady income for their living and will be able to support his family and support his future.

Bitcotalk

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Quote from: d@nte on January 29, 2017, 10:37:56 AM

Quote from: Superzpay on January 29, 2017, 10:27:51 AM

It looks like it is your first time to start the trade so you have to remain cautious about the coins in which you are investing and you do not need to spend much on starting the trade. Spend only the smallest amount which you can afford to lose and when you know that you can trade successfully then spend more bitcoins on trade.

Yeah, I think that for beginners it's never advised to start investing very large amounts of money. It is better to invest small amounts, and gain experience with small trades... over time, the trader will be able to make better projections in the market and will understand aspects that were previously seen as incomprehensible, increasing the chances of making better decisions.

But he is saying that he want to earn dollar with that it means that he have experience in trading and now he want an amount with which he will be able to get a steady income for their living and will be able to support his family and support his future.

mrjoy15

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As much as you can afford.Huge investment ensure you big chance to make profit from trading but didn't forget skill thyself.
Trading is not so easy task as you thought ,you need to know how to get it started.Without proper guide line it will be getting more harder to harder so you must have good idea,pretty good knowledge about markets moreover you might have ensured your experience.

agustina2

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Quote from: the.jack20 on January 29, 2017, 10:02:05 AM

I understand that when we lose the most reasonable amount, start with as much money as we will not worry.

What is the critical information we need to know when trading? Bitcoin's price keeps coming up and down. We can buy it at a lower price and sell it at a higher price. What are the problems waiting for us here?
Is USD/BTC sensible or altcoin trading?

Just follow the trend if you have some active bitcoins on the exchange waiting for sell off. Since bitcoin price is volatile even for a seconds, a big price increase or decrease can happen. You don't need to watch the price 24 hours 7 days a week but there are some ways that a trader do so that they can deal easily when there is a price rally.

Some factors are when the price behaves unusual in the last 24hours. They can specualate that the price may moves a larger margin so they will closely watch now the price. Others also using some triggering alarm app so that it will prompt when a price hits a certain target set by those users. Once you are in this kind of activity always, you can create now your own way on how to deal with the price volatility of bitcoin.

dothebeats

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I always start my trading session for altcoins for as small as 0.1 btc / altcoin and so far it's been profitable. You don't need to have a large sum to begin trading alts. You just need to know what alts are good to trade and good to invest into and you're good to go.

d@nte

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Quote from: Superzpay on January 29, 2017, 10:27:51 AM

It looks like it is your first time to start the trade so you have to remain cautious about the coins in which you are investing and you do not need to spend much on starting the trade. Spend only the smallest amount which you can afford to lose and when you know that you can trade successfully then spend more bitcoins on trade.

Yeah, I think that for beginners it's never advised to start investing very large amounts of money. It is better to invest small amounts, and gain experience with small trades... over time, the trader will be able to make better projections in the market and will understand aspects that were previously seen as incomprehensible, increasing the chances of making better decisions.

Reid

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Depends. If you want to buy different coins. Some prefer 10k satoshis up worth of bitcoin to buy an altcoin. Yobit do that bevause they have a lot of coins that are registered there and mostly they are cheap so you can buy it for cheaper limit also. If you want to buy a newly created coin you can do it there.

Superzpay

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It looks like it is your first time to start the trade so you have to remain cautious about the coins in which you are investing and you do not need to spend much on starting the trade. Spend only the smallest amount which you can afford to lose and when you know that you can trade successfully then spend more bitcoins on trade.

the.jack20

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I understand that when we lose the most reasonable amount, start with as much money as we will not worry.

What is the critical information we need to know when trading? Bitcoin's price keeps coming up and down. We can buy it at a lower price and sell it at a higher price. What are the problems waiting for us here?
Is USD/BTC sensible or altcoin trading?

Mkmanik

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Quote from: the.jack20 on January 27, 2017, 05:34:08 PM

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.

For the beggening level 0.01 BTC is best for starting trade.Do not use all of your Bitcoin at a time on trade.First trade with small amount of BTC.Slowly increase your investment.Give lot of time and research about your coin.Without proper skill of trade you can't successful. Try to understand whats other doing.Follow them and do your own research. When you can realize that,you are perfect for trade , then invest your BTC .
Few days ago i have tried to join paxful with 50$ but i cant.Because their minimum requirement is 200$ worth of bitcoin.Dont know,what kind of trade you want to do.First read site rules and regulations carefully. Best of luck .

royalfestus

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Experience will teach you. if u lose in a project u put a lot and profit in a project u put a little then you will know better how to manage the risk and learn about each project. It is better to start with a project early,at low price and have a target. Start with what is affordable.

pinkpanther03

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Quote from: the.jack20 on January 27, 2017, 05:34:08 PM

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.

When I was a beginner in this industry, I never put any investment to buy bitcoin in any exchange neither altcoins too. I just really started in bitcoin faucets, games which you can earn bitcoin, and joining signature campaign. Then when I received bounty form the campaign I do trade were the coins is listed in the trading platform. And 0.001BTC/satoshi is enough for a newbie in yobit, or in novaexchange.

notech

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You have to calc how much you plan to earn then how much to risk.
But don't forget, always risk what you are able to loose!

meelvanchris

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Quote from: Carmen_Sandiego on January 28, 2017, 10:30:28 AM

I think this will depend on the amount of money you need to live. This will also depend on your trading skills as this will interfere with the percentage of earnings you will get. Some users say twenty Bitcoins, others say thirty Bitcoins.
I've seen users comment that it's normal for good traders to get about 3 % a month. Under such conditions, I think in fact it would take a lot of money to earn a living from trading.

He is a new to bitcoin world so its recommended not to start with big capital as he need to gain experience first so it is advisable to start with a small capital at initial stage so even if he makes loss then it won't hurt him and it will give him an learning experience and will make him a better trader in future.

ironm@n

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The number of Bitcoins you'll need to trade, if you intend to earn living from it, is something that will depend on different factors, such as the cost of living in your country, the monthly earnings that you think you need to have a good life, the type of market (which can be BTC/Fiat or BTC/altcoins market) and your skills in the market.

Some users say they can get good results with fifteen or twenty Bitcoins, but there are many variables, so I dont think I could give you a precise number. It would probably be best for you to do your own research based on these factors to know how many you might need.

tiggytomb

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Simple answer, depends on the coin and the exchange and how much bitcoin you have, remember the golden rule, only gamble / invest that which you are happy to lose.

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