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Topic: How much money and which rule follow for trade?? - page 7. (Read 14442 times)

hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
Using small amounts for first time trading is better than burning all balance in big loss. Never let emotions control you and your trading decision. Sometimes it is hard to control it but taking revenge from market will lead to donation to market maker or broker at the end.
sr. member
Activity: 1176
Merit: 301
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
Just start with small amount first if you are just going to try it,
Just a small amount of your extra money would do.
And I think you already know that in order to get a profit from trading you should buy low and sell high.
Base on my experience it is easy to be said than done , buy low sell high.
The question is how could we know if it is already low and when would it get high?Would it get higher?
Believe me there are lot's of traders out there that doesn't do well in trading too even if they have been around for a while.
hero member
Activity: 994
Merit: 502
Different exchanges have got different trading terms, this can be in the form of minimum trading amount required or it can be of anything. I simply prefer the buy low sell high, to achieve the same it is a must to observe the market. Find the asset which is quite fluctuating between limits, invest on it when the price is low. Wait until it show good sign of growth. Then sell it and again buy it back when price fluctuates downwards.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
First you will have to analyse what type of investment you are going to be comfortable with. You have to analyse the market and decide if you want to day trade or make a short or long term investment.
Once you have decided that you will have to then decide the initial investment you are going to make. If it's day trade then I would recommend you to try with a smaller amount.
After that comes the toughest part. Deciding which strategy will make you sufficient profits is the toughest job since you have to stick to the plan in order to earn profits.
Reinvest the profits to earn more gains on the investment.
full member
Activity: 994
Merit: 101
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

First of all i am a trader. not expert one. Actually bitcoin market down last year in January. now days its too difficult to trade but if you have some knowledge about trading you can earn some profit though. don't invest your hole money. it's too much risk for financial life. invest that money which is not argent for you at this moment.
full member
Activity: 504
Merit: 127
Match365> be a part of 150BTC inviting bonus
Actually you can start with just 20 dollars. That's how I start trading in crypto. In my country, we have coins.ph in which we can buy btc and I sent that fund to bittrex. My funds was so little yet it made me 30 dollars. Since, there was somebody teaching me trading. And I enjoyed that 30 dollar profit so I cash it all out and spent that money for video games.
legendary
Activity: 1554
Merit: 1054
If you are new to trade then you can start with small amount only, at least start with the amount that you can afford to lose. In how to get profit? It is too technical to be answered, traders has their own strategies to make profit. In simple words "buy low sell high" but it is not an easy as it said. The difficulty is to choose the right time when to buy bitcoin, many aspects that you need to learn. Better to do your own researches and practices as much as possible.
Well, he can profit from trading either through margin, scalping or by spot trading but for a newbie, spot trading is still the best because the other two mentioned will surely give him a good profit but quite very risky to handle.

Margin trading can make him a very huge profit even with low capital and at the same time margin trading which I would not advise him to go into being a newbie but in the course of learning and trading, he can decide to give it a try provided he is trading with an amount he can afford to lose as you said, otherwise just hold his coin till bull run which is still the very safest.
full member
Activity: 1022
Merit: 106
In any business that to be successful requires knowledge and skills that comes with experience. There is a lot of article on this theme and many different strategies . A professional trader can make a profit even in a bear market. My advice to you is to invest in this business as much as you are not afraid to lost, don't be excitement, always be calm and patient.
full member
Activity: 602
Merit: 111
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
the strategies are not useful for us in lots of times it is only for learning purpose but practically doing trading will be more difficult so following good Strategies and making experience will give you the confidence about getting the prophet that you are expected in trading.
full member
Activity: 938
Merit: 105
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
I think if you already have any experience, you will be ready with any capital that you want to use to trade. Because  i have seen someone with only a little amount of capital can be bigger because he can know where and when to buy and sell coin that he trade.
Reading here in the forum is not enough to gather information regarding trading, you just need to watch a video tutorial in youtube or anywhere site that can guide you in term of trading. Trading is not a simple work to do, you must need fundamental skills, analysis, and deep research before you engage in the field of trading. You must have a huge capital to pick good coins to be traded.
legendary
Activity: 2618
Merit: 1181
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
I think if you already have any experience, you will be ready with any capital that you want to use to trade. Because  i have seen someone with only a little amount of capital can be bigger because he can know where and when to buy and sell coin that he trade.
full member
Activity: 1064
Merit: 112
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
if this is your first time then i suggest to trade what amount you can afford to lose and practice your skills first to get what are the things you need to know about it and you can make a strategies also.  Or highly recommend to watch tutorials how to trade for beginners so that you can obtain an idea easily. And when it comes buying coin to trade of course it's simple wherein analyze the project first if its legit or not to assure you can gain profits on it that's it.  So good luck to you bro.
member
Activity: 1204
Merit: 38
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
I think considering the investment is more important for trading because if it was too high there will be a huge hope will be reduced with our investment if we are loss and also same like if we put very low investment it will also not give the convenient income.
hero member
Activity: 1190
Merit: 534
Even though the great investor Warren buffet has some different opinion about the crypto industry, I have observed that his trading strategies also work in crypto sector and hence I always follow his two famous rules of not losing money. This is my personal opinion and I respect opposite opinions.
legendary
Activity: 1288
Merit: 1036
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
Amount of money depends on your pocket and your profit expectation, in trading, the smaller the money, the smaller the profit with small risk but can be compounded overtime, while the bigger the capital, the bigger the profit and with bigger risk but you can learn how to manage your risk very well by following the trading rules strictly but as a newbie, never you invest with anything more than $100 to start with till you are professional enough to handle large trading transaction, as a newbie, you can’t do without loss but it is from your mistake that you learn to become a better trader and you can’t afford to make mistake with big money.
member
Activity: 602
Merit: 10
There's no rule in money. Like there's no limit in how much you wanted to trade and it depends on you whether what amount you want to spend. Here's the thing, trading is like gambling. The rule is trade what you can lose. Just like in gambling, gamble what you can lose. And the best thing to do in trading is buy low sell high.
Of course, it is more expensive to sell and buy cheaper the basic rule of trading, but it does not always turn out that every trader's ze0 is parallel with this rule. I think that first of all every trader should carry out a detailed analysis of the project, which interested him in coins. In any case, these are the main rules for a good result.
legendary
Activity: 1442
Merit: 1025
Considering you can get in with just small altcoins nowadays there is really no bottom to start trading. However, you should know that making 10% of your 10 dollars would only mean 1 dollar profit for you, so it wouldn't really wise to get in for that little amount. Best case for you to start is about 10% of your monthly income, so if you make 1000 dollars a month than get in with 100 dollars, if you are living in a third world country and make 200 dollars a month get in with 20 dollars.

You can continue doing that and increasing your money month by month both learning how to trade and increasing your portfolio with trading but also put %10 of your monthly income into bitcoin so you would increase it by adding to it as well. In the end it will be a very profitable portfolio for you after a year or so.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
When you are learning something just go with low valuation before learning how to trade in the new market, if you have trading experience in the stock market or other financial market then it will be easier to determine what to do on how the market moves.
  • The basic thing you have to do is selecting the platform to trade. Eg: Binance, Bittrex etc.
  • Follow the market carefully and understand the price range and enter at a low valuation, which ever coin you are planning to invest, calculate their resistance point and support level.
  • Never keep your coins in the exchange if you are not trading, always make sure you save it in your private wallet safely and securely.
  • Once you are confident in trading you can increase your capital investment, you will be an expert in a few weeks.
  • Once you think you have the confidence to predict the market, then future trading is an option where you can explore, but it is for advance traders and the risk is higher, but you can make money in any market situation.
hero member
Activity: 1834
Merit: 523
Most of the traderd are here not only the expert traders but also the newbie and still learning like me.  For your capital you can use how much amount you want but make sure it is all extra money because better to be sure you will not your money for your everyday use.
hero member
Activity: 1666
Merit: 629
Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

First of all, I would like to point out that it would be a huge mistake to give you some advice because the budget and capital of everyone here is not equal. I have a few tips that I can make if I have to draw from my own experience. The first of these recommendations is that you do not take a single transaction with your entire capital. This error can cause you both material damage and can cause you to panic. Secondly, I would recommend that you do not invest in social media phenomena or investment advice of the people you see around you without doing any research. Remember, this sector earns only research in this area and in this area.
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