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Topic: how much usd need for trade ?? - page 36. (Read 3322 times)

member
Activity: 260
Merit: 10
April 18, 2018, 04:16:23 PM
How much you have free money, is an answer, there is a risk of proctastination in this. I`ll gather some funds, and then I`ll start to trade, but you should start with what you have
full member
Activity: 616
Merit: 101
April 18, 2018, 04:10:06 PM
i start with deposit 100$ and have profit 7-8% good day. Need orders 5% from deposit on scal strategy. Searching groops in telegram with good traders
member
Activity: 602
Merit: 10
April 18, 2018, 03:47:14 PM
You will need a lot of money to make a lot of profit from trading. You need more than $ 5k to make good commercials and can hold more altcoins.
But if you are a newbie, you only need $ 1k to invest in the Cryptocurrency market. You can lose everything and you will get more experience from that failure or you will be rich thanks to 1k $. Grin
right. That is the minimum amount to trade in the Crypto market. But I advise you not to take your savings to trade. That will make you very nervous, especially for the newbie.
So I think we should be involved in bounty campaigns for a certain source of capital and trade later.
you need to understand that even $ 1,000 for some beginners investors huge money. of course we used to see people who do not thousands to invest their funds in crypto currency, but of new community crypto currency a lot of new people.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
April 18, 2018, 01:29:17 PM
You will need a lot of money to make a lot of profit from trading. You need more than $ 5k to make good commercials and can hold more altcoins.
But if you are a newbie, you only need $ 1k to invest in the Cryptocurrency market. You can lose everything and you will get more experience from that failure or you will be rich thanks to 1k $. Grin
right. That is the minimum amount to trade in the Crypto market. But I advise you not to take your savings to trade. That will make you very nervous, especially for the newbie.
So I think we should be involved in bounty campaigns for a certain source of capital and trade later.
member
Activity: 770
Merit: 10
https://streamies.io/
April 18, 2018, 01:26:55 PM
You will need a lot of money to make a lot of profit from trading. You need more than $ 5k to make good commercials and can hold more altcoins.
But if you are a newbie, you only need $ 1k to invest in the Cryptocurrency market. You can lose everything and you will get more experience from that failure or you will be rich thanks to 1k $. Grin
newbie
Activity: 56
Merit: 0
April 18, 2018, 01:22:03 PM
put in again what you can afford to lose thats it no more and the likelihood of you becoming a millionaire in a day is almost impossible
member
Activity: 169
Merit: 10
Global Risk Exchange - gref.io
April 18, 2018, 11:57:46 AM
It all depends on your budget ... It is better to have at least $ 500 or more, because a lot will go to the commissions on stock exchanges.
full member
Activity: 546
Merit: 100
April 18, 2018, 11:56:37 AM
The answer to how much money is any amount that you will be fine if you lost it completely. If you will not be fine if you lost that amount than don't trade with that much money. Crypto markets are very risky and volatile, it will take seconds for you to lose your whole investment. Try to start small first.
full member
Activity: 518
Merit: 100
April 18, 2018, 11:52:43 AM
At least you would need up to $10000 to be able to trade  for a significant profit in cryptocurrency market. Market of cryptocurrency is very dynamic and very pricy in dollar.
full member
Activity: 353
Merit: 100
April 18, 2018, 11:39:39 AM
You need to have a clear strategy. Targets per week or per month. And learn a lot about the penny you want to invest and market. to start trade. I think you have at least 1000$. You will be profitable if you get 10-15% each time you place an order
newbie
Activity: 6
Merit: 0
April 18, 2018, 10:34:06 AM
Especially for small amounts, it is much easier to buy bitcoins on some local service (localbitcoins for example) and start trading with bitcoins already, because not all exchanges accept fiat currency.
Commissions and fees are often recalculated through bitcoins too.
So, It will be correct to start with bitcoins Smiley
Approximate minimal trade size for Bittrex is 0.0005 BTC and 0.0002 BTC for Poloniex. Other exchanges should have similar limitations.
So, it is pointless to start trading with lower investments:)
Furthermore, you will probably want to make more than one trade so that you will need a larger amount.
I would say, 0.05 BTC will give you a possibility to learn and experiment.

On today 0.05 BTC will cost you approx. 450 USD.
legendary
Activity: 1204
Merit: 1028
April 18, 2018, 08:37:46 AM
If you want to start trading, I will advise you to check your pocket and know how much you have first and also how much you’re ready to give out for this. You have to bear in mind that there are lots of risks involved and be ready for for it.

As a starter you can get in from $100, $200 to $1000 (best is to start with either $100 or $200 and test your skills to know if this isthe right thing for you. If you’re not able to trade with $100/$200 after series of training, then forget it, trading is not meant for you.

For where to learn things about reading, maybe you should check out strocktrader.com, they usually post things that has to do with stock trading which is the same as crypto trading. I will also advise you to find a mentor and also consider a paid subscription. Read books and articles, follow the market and be very careful.
member
Activity: 105
Merit: 10
April 18, 2018, 08:33:20 AM
Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it

Some tips that i would recommend for a newbie trader is read a lot of basic investing principles and research coins before you buy them.  A starting investment amount that i would recommend would be $1000 but even lower than that would work depending on your financial situation.  In my opinion though, trading with less than $1k is not really worth it unless you put it all into one coin.
Time is a big teacher. It will teach you everything about trading. You should take keen interest and work with dedication and give as much time as you can to learn everything about trade. Practice makes the man perfect. That’s why should get knowledge about trade and then invest in trading, otherwise you will lose all or some of your money.
hero member
Activity: 854
Merit: 501
April 18, 2018, 08:08:59 AM
Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it

There's no need for you to invest big money mate. As long as you can understand the market  on how it simply goes then your profit will be bigger in no time... just keep this into your mind... BUY LOW SELL HIGH... look for some tutorials in youtube for the usage of some platforms...  BUT I prefer to recommend you to use BITTREX OR BINANCE... you can understand their market so easily...
Yeah if you are asking about the sum you want to invest in trade it means that you are new and I will also suggest you that should start from a little capital. As the time passes you will gain experience and then you can invest more money in your business. Before staring trading be sure to have all the required information and knowledge about trading.
full member
Activity: 448
Merit: 100
Diagon
April 18, 2018, 06:23:26 AM
You can easily start with a small amount of the type 300 or 500 dollars.
newbie
Activity: 14
Merit: 0
April 18, 2018, 06:10:17 AM
 think the most important knowledge in trading is experience, because the more we often trade then we can slowly know the pattern of market movements and understand the right time to buy or sell.
full member
Activity: 630
Merit: 100
April 18, 2018, 05:48:39 AM
#99
As a newcomer,  you need all the information you can get about trading.  Before you get started however, you must understand the concept behind bitcoin and cryptocurrency.  You must understand blockchain and how it works.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
April 18, 2018, 05:44:20 AM
#98
maybe you can try to watch in youtube there are many tutorial for beginners on how to trade in cryptocurrency and you can start for only $20 just practice first how to earn profit with $20.  

Youtube is full of shitcoin shill and idiots with their own propaganda pumping their own shitcoins. Its the last place to learn about crypto trading. The basics of trading remains the same though. However if people are no swayed by those shills then it can be a good idea. This would be better if the person has some idea of crypto from beforehand and then ventures into the youtube shill breeding videos.

There is no exact amount to be used in trading, you can trade whatever amount as long as you consider the transaction charge, because in every trading there is transaction charge, You need to consider it so that you can decide whether to sell it on lower or higher price by knowing your expected profit after deducted the transaction charge.

Good point. Teeny weeny transactions will still take same fees and thus if you have some spare balance consider holding it is the exchange rather than trying to buy some other altcoin. This happens commonly when people are buying a bunch of coins during a dump.
full member
Activity: 490
Merit: 100
April 18, 2018, 03:12:51 AM
#97
Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it

Some tips that i would recommend for a newbie trader is read a lot of basic investing principles and research coins before you buy them.  A starting investment amount that i would recommend would be $1000 but even lower than that would work depending on your financial situation.  In my opinion though, trading with less than $1k is not really worth it unless you put it all into one coin.
If someone has trading skills, then I think he can make profits no matter how small his starting will be. Even an investment of 100 dollars is enough because I have seen people becoming millionaire with such smaller digits. However, there is just a bunch of them. Knowledge is main thing. Trading demands efforts and sleepless nights but the rewards are big too. No matter what happens, giving up is not acceptable.
full member
Activity: 448
Merit: 102
April 18, 2018, 03:05:49 AM
#96
Hey i am new here and want to be expert on trading so how can start and how much money for this?please give me some site or link where find trading tips and get more knowledge about it

There's no need for you to invest big money mate. As long as you can understand the market  on how it simply goes then your profit will be bigger in no time... just keep this into your mind... BUY LOW SELL HIGH... look for some tutorials in youtube for the usage of some platforms...  BUT I prefer to recommend you to use BITTREX OR BINANCE... you can understand their market so easily...
Having a good investment amount is a necessary thing to have before jumping into the world of trading but there is one more thing which carries more importance than that of investment amount and that is having a complete knowledge regarding all the things as well as knowing the tricks which can make you a successful trader. Invest only that much amount of money which you can easily afford.
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