How much money and which rule follow for trade?? - page 8.

akamit

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Quote from: Badon2019 on March 22, 2019, 04:09:56 PM

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.

There is no limit in regards to the capital you need to begin trading.
You can start off trading with as low as $10 or as high as billions. All it depends on how much you can afford to start with trading.
I started trading with $1-$2 in 2016, that was the start. At that time all of my investments were as part of long term strategy.

The above statement is less important, the most important thing is the strategy, plan and how you can avoid common mistakes.
You may learn some of the common "Mistakes newbie makes in trading resulting to losses"

My suggestion will be to start with as low as possible and taste the crypto trading for some time and learn the positives & negatives.
If you slip then it will not break you, but give you strength to think with the mistakes you made. Come back again with higher capitals when you have learned how to control those mistakes.

This is called PRACTICAL EXPERIENCE, nothing can replace this nor you can buy this anywhere.

Xenrise

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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.

hugeblack

legendary

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The subject of profit is not about money and investment as much as how to manage that money. Some people enter the market for $ 10 and after several months they have about $ 10,000 and vice versa.
Do not invest more than what you can lose.

The topic is huge and you will not be able to get answers just by asking a general question. Follow some golden rules and these are some important links.

- An Overview of Cryptocurrencies for the Savvy Investor
- Crypto trading simulator 1 or Crypto trading simulator 2
- try to learn more about some Index "Volatility Index, SMF,....etc"

Also, read the stories on this forum you will learn a lot.
Do not invest more than what you can lose.

emmybd

full member

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It depends on how much money you are comfortable to invest. If you have got more funds available then you can enter the market with $200 - $500, and there is no clear-cut rule that you can follow. The best way is to research the market on your own.

poptok1

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Bobby Fischer was right

Quote from: el kaka22 on March 22, 2019, 08:19:25 PM

-snip- this is why you have to learn from expert who have already mastered the act of trading before jumping into the market so that you can trade with full confidence in you.

I would say on the contrary. Following somebody's advices can also lead to losses. There are no guaranties, one have to have his own mind, his own experience and knowlede to follow. This is the only way to be in piece with own responsibility. Of course it would be great to gather as much knowledge prior but experiments with small amounts of money, can safely provide us with that's what necessary to trade successfully.
My advice to OP is to start small, avoid following, go slow with only few trades per hour, watch, observe and learn. That's it.

akram143

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★777Coin.com★ Fun BTC Casino!

Quote from: Badon2019 on March 22, 2019, 04:09:56 PM

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 had no rules and regulation for my trading because I treat not for professional use it just for extra income and making trading Asia main way of income will not be a good idea for me so I think doing Trading properly without any expectation will give the extra trust and profit also.

sheenshane

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When are you are in trading you need to have a huge amount just like we say $500-1k is just enough for you to pick good coins to start in trading. Why we need a huge amount to start because when you putting a high amount of capital, of course, it will return high too.
For better building knowledge regarding trading, I may advise you to watch some video tutorial in youtube there was a piece of good and accurate information there and also in addition to gathering knowledge from here.

Try to look at this video from youtube it may help you. Bitcoin Trading Guide for Beginners

Good luck OP, always bear in your mind the word "risk".

alisafidel58

full member

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You really don't need a large investment to gain profit in trading. There are really lots of aspects that you need to know before you can gain large profit but I think that you need to trade at a minimal investment then study it for yourself since different trade has different ways and experience in trading.

Indrawan77

hero member

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There is no limit amount in trading, its all depend on your strategy and how much you want to make, if you targetted a cheap coin then you dont need too much, and for beginner I suggest to trade bitcoin or eth with small amount, because crypto volatility is very high so you need to learn about the market before enter the trade, the most important things in trading is to control your emotion

maydna

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

You are lucky to join in the cryptocurrency because, in crypto trading, you can use $10 to trade and make a profit. But there is no exact amount to trade and it depends on yourself, how much money you are willing to lose Grin

I think you can use $25-$100 to start and see how much profit you can get. But you need to learn the basic lesson of trading so you have a chance to make the profit. I have a friend who starts at $100 in the first month, he learns about how to analyze the trend and else, he made his first profit and make another profit.

That sounds easy huh, but trust me, it's never easy because we need to learn day by day so we can make a big profit.

TravelMug

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As per my experienced, you don't need to have a huge capital to begin with. I started around $100 in early 2017, has ups and downs, learn from my past mistakes and never repeat it again.

The cue here is that you should invest what you can afford. However, losing doesn't mean that you are bad trader. Maybe you simply lack the experience, but in turn losing your initial capital, it will give you that needed experience that perhaps will help you a lot on becoming a successful trading in the future.

cryptoblue77

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You can start trading with $50 or $100 and it would be enough to start with. As the time passes you can increase your investment. Initially, trade with some stable altcoins that would be safe. Spend some time in real trading, you would learn many things on your own.

joniboini

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Quote from: Badon2019 on March 22, 2019, 04:09:56 PM

I think this forum have many expert traders so I requested to all please tell me your experience about trading.

It's hard to learn from forum post and I doubt, if you ever learn something about it, is enough to make you skilful or get a glimpse on how you should do your trade. The best way to learn about trading is to read from available materials which is provided in lots of sites, such as Babypips, or read trading books. After that, practice trading regularly.

So my advice to you is to learn from other place, this forum is only good to share trading ideas but not good enough to learn basic trading ideas.

Bitinity

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Quote from: Badon2019 on March 22, 2019, 04:09:56 PM

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 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.

el kaka22

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I don't think you need huge amount of money to begin to trade on any of the exchange, but one thing you should know is that the higher the capital you use in coming into the trade market, the more profit you make from the market after making a trade, though reverse might be the case because you can actually secure loss instead of gains, this is why you have to learn from expert who have already mastered the act of trading before jumping into the market so that you can trade with full confidence in you.

Badon2019

newbie

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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.

Topic: How much money and which rule follow for trade?? - page 8. (Read 14461 times)