Topic: How much money do I need to start investing on bitmex? - page 2. (Read 434 times)
Everything is indeed a freedom on something else that you would like to invest with. If bitmex would have nice future as an investment, maybe I prefer to start at least $100 as optimum amount. More than that, I don't think it's a good try when you start at bigger amount of money. Probably there's some person but those were risk takers.
Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
https://www.bitmex.com/app/faq#What-is-the-Minimum-Deposit-to-trade-on-BitMEX
OP told everyone here that he already knows the risks so I think he's good to go.
About the funds, he mentioned it's not that big so maybe he just wants to test the waters how things work on Bitmex.
That's right that is not investing that is gambling because that is too risky. But if you have a fund that you are willing to lose then yes you can do it. They said that risk taker will also lead to success, I think if you can afford to put a big capital so why not start gamble there with a big amount and might also big profit return.
As has been pointed out, you don't "invest" on Bitmex, you gamble.
How much deposit do you need? Anything will do.
What is the Minimum Deposit to trade on BitMEX?
The minimum amount to trade on BitMEX varies from product to product depending on the Initial Margin.
For XBTUSD (for example) it is $1 USD * 1% (Initial Margin) = $0.01. At a XBT/USD price of $600 this equals 0.00001667 XBT.
do you speak bitmex? Are you sure about the exchange? I think you have to think carefully before investing there and putting money there because there are still many other potential exchanges and other better coins.
Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
It is a weird question for me. The person who doesn't know no how to to invest and how much investment should be involved in his trading startup will not be fit for trading platform.Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
I believe you can understand that well because of my reply and others.
You should be aware of all the risk factors involved in trading especially margin trading or leverage.
Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
you have to understand first about trading using leverage.its very dangerous if open wrong position and not set cut loss or other money management.we will easily loss our money there.better to avoid this way, and starting with small amount till we really understand about this market. Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
Depending on the amount that you can afford to lose up and yet margin trading is just some sort of gambling on my own experience.Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
Without typical knowledge on how to entry and how to get out then better to save your penny and just stick first into more worthy choice
just like on simply buying bitcoin.
How much money I need to start investing on Bitmex?
just remember: do not to use the money that you can not afford to lose, this guy Hui Yi committed suicide because he lost money that was not his
Chinese Bitcoin Trader Commits Suicide after Losing 2,000 BTC on 100x Leverage Bet
I think wherever you are going to start investing, start from the $ 1000 number because in my opinion that number is a standard number and is suitable for starting early.
sometimes more doesn't give us maximum profits and vice versa.
1000 $ is the right number to start your investment in Bitmex.
sometimes more doesn't give us maximum profits and vice versa.
1000 $ is the right number to start your investment in Bitmex.
OP said he did not have much money, I think he should start with $50 to test and practice. Small amounts are ideal for testing and practice
I think wherever you are going to start investing, start from the $ 1000 number because in my opinion that number is a standard number and is suitable for starting early.
sometimes more doesn't give us maximum profits and vice versa.
1000 $ is the right number to start your investment in Bitmex.
sometimes more doesn't give us maximum profits and vice versa.
1000 $ is the right number to start your investment in Bitmex.
If you're excessively stressing over a position, then you have too much money on it. Put in a small amount you are absolutely okay with losing, try using the testnet to learn the basics of the Bitmex site layout, and start. I have no idea how much money you have at the moment or your situation so I can't give you an exact amount, but anything you can absolutely afford to lose (on the smaller side) works.
Bitmex does have some pretty significant withdrawal fees compared to some other exchanges, so do take note of that. They do have an extremely low minimum deposit amount though.
Bitmex does have some pretty significant withdrawal fees compared to some other exchanges, so do take note of that. They do have an extremely low minimum deposit amount though.
The answers are, How much you can afford to lose.
Would be glad if you investing/trading with the amount you can afford to lose it, don't forget to calculate too your financial that would be good too.
Would be glad if you investing/trading with the amount you can afford to lose it, don't forget to calculate too your financial that would be good too.
If you're talking about exchanges like BitMEX, I don't think "investing" is the right term to use. It's more of "gambling" like jostorres said.
If you really want to speculate or "invest" in Bitcoin, I heavily suggest to just straight off buy Bitcoin and just keep it for years to come. That's a more non-stressful way of doing it, and could end up being more profitable if you hold it long enough(especially as an inexperienced trader).
If you really want to speculate or "invest" in Bitcoin, I heavily suggest to just straight off buy Bitcoin and just keep it for years to come. That's a more non-stressful way of doing it, and could end up being more profitable if you hold it long enough(especially as an inexperienced trader).
I don't think there is a limit to start trading on bitmex for personal number reasons. I mean there is a limit for depositing, they do not allow you to deposit 1 satoshi, there was a limit (which I don't remember right now but you can check it on your account when you try to deposit).
Aside from that deposit limit there is nothing stopping you from gambling with whatever you want, the trading and the leverages all require a minimum amount and as long as you go beyond that amount you can just do whatever you want. If you can't meet those minimum requirements then I am afraid there is no way you can go around it, however if you can trade at least that much then you don't have to worry about making it big, I started all of this with 17 dollars back in the day so you can do as bare minimum as you can as well.
Aside from that deposit limit there is nothing stopping you from gambling with whatever you want, the trading and the leverages all require a minimum amount and as long as you go beyond that amount you can just do whatever you want. If you can't meet those minimum requirements then I am afraid there is no way you can go around it, however if you can trade at least that much then you don't have to worry about making it big, I started all of this with 17 dollars back in the day so you can do as bare minimum as you can as well.
Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.
Jump to: