Is there a required amount before you start trading?

darkr

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Quote from: Lynks on December 15, 2018, 12:46:23 PM

Any amount you have you can go into trading right away. But always learn to trade with only the amount you can afford to lose. That will help you minimise loss

Yes, it can be any sum of money that you are not afraid to lose if something goes wrong. However, I think, it is useless to invest less than $200. The returns will be almost invisible in this case.

Rebisco

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Quote from: Siren on December 28, 2018, 01:52:00 PM

Quote from: OmegaStarScream on September 10, 2018, 02:00:50 PM

I would hold instead of doing day trading unless you know what you're doing in and you'll probably need large amounts to make any considerable profit. As for buying bitcoins, I believe that you can buy as little as 2$ in Coinbase.

Yeah your right because trading in crypto is not for everybody,this is the sad reality that a lot of people here says its good to trade because theres alot of income,but the thing is at the end of the day failure is what they get,so better buy bitcoin even in small amount and just wait for long term.by then for sure you are gaining without any obligation to check

Cryptocurrency trading is only for people who have good trading skills and the people who love to take risks. I started trading with small amout of money because I know that I will regret it if I started to invest big amount of money because of the high risks that I will face.

StephenJH

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Quote from: Tipsters on December 29, 2018, 05:37:29 PM

Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

Take into consideration the fees and the losses in spread of most of yur trades so it would really matter aside from your trading portfolio so that it won't shock you to see small profits.

Fees are part of game so we need to skip this step. Spreads are various on different platfroms,brokers. Fixed spread can solve the mentioned issues if you can find reliable broker which will not play dirty games against you. Pro advice: Run when you see offer from bucketshop broker Wink

Tipsters

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Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

Take into consideration the fees and the losses in spread of most of yur trades so it would really matter aside from your trading portfolio so that it won't shock you to see small profits.

Tungsten-1

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Quote from: boyz97 on December 28, 2018, 10:23:16 AM

Quote from: jems on December 28, 2018, 08:32:47 AM

Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

There is no minimum target you have to do to start trading. You can even start with only around $ 10 of capital. Even using small initial capital for new traders will be very appropriate because with the lack of knowledge and experience we can experience losses in trading.

our successfull in cryptocurrency market was not depend on how much our money.and i am agree with you, our knowledge and experience be main factor for us in this market.

The amount of money does not matter but the experience the Paris e and the way we make investment matters, as a person who invest very small amount of money but he invest at red so he will have huge amount of profit as compare to the one who invest thousands but in green so profit will be smaller. So invest smaller but the wiser.

Siren

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Quote from: OmegaStarScream on September 10, 2018, 02:00:50 PM

I would hold instead of doing day trading unless you know what you're doing in and you'll probably need large amounts to make any considerable profit. As for buying bitcoins, I believe that you can buy as little as 2$ in Coinbase.

Yeah your right because trading in crypto is not for everybody,this is the sad reality that a lot of people here says its good to trade because theres alot of income,but the thing is at the end of the day failure is what they get,so better buy bitcoin even in small amount and just wait for long term.by then for sure you are gaining without any obligation to check

GrayFullbuster

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Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

There is no required amount of money to start a trading but as a trader who have now a lot of experience, it is better if you will invest small amount money at first. You should first familiarize the trading world for you to gain experience and information. You should only invest big amount of money if you have now enough information about what it is.

boyz97

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Quote from: jems on December 28, 2018, 08:32:47 AM

Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

There is no minimum target you have to do to start trading. You can even start with only around $ 10 of capital. Even using small initial capital for new traders will be very appropriate because with the lack of knowledge and experience we can experience losses in trading.

our successfull in cryptocurrency market was not depend on how much our money.and i am agree with you, our knowledge and experience be main factor for us in this market.

lenovop-70

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Its depends on how much you need daily profit, i have simple ratio, just take two percent from your starting amount, and if you constant take two percent daily, it will be 60 percent monthly, and in two month you will get half from your start amount.
But IMHO, sometime too difficult to do, the simple is, the more capital you have, the more risk you will have Roll Eyes

jems

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Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

There is no minimum target you have to do to start trading. You can even start with only around $ 10 of capital. Even using small initial capital for new traders will be very appropriate because with the lack of knowledge and experience we can experience losses in trading.

armarsterling7

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Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

yes, of course. We need to have a certain amount of savings to ensure your life is always stable if the price of the BTC goes down. You should have a stable job before investing in BTC.

Yamifoud

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Quote from: gabbie2010 on December 27, 2018, 07:12:58 PM

Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

Trading is quite challenging and difficult thus making a reasonable fortune or profits requires a huge capital for a start up while risking a small percentage for each trade I.e money management however a person can also use $100 for a start but profit making will be small compared to the efforts and time put in trading with such an amount of money.

Yes, there is a huge profit if you have a huge capital but the risk of losing big also if not properly manage. Following our strategic plan will help us to maintain and to keep safe from losing by then.
That is why, we should have a concrete plan before starting an investment.

gabbie2010

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Vave.com - Crypto Casino

Quote from: Impulseboy on September 10, 2018, 01:44:56 PM

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

Trading is quite challenging and difficult thus making a reasonable fortune or profits requires a huge capital for a start up while risking a small percentage for each trade I.e money management however a person can also use $100 for a start but profit making will be small compared to the efforts and time put in trading with such an amount of money.

wxa7115

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Quote from: WalterGarrison on December 25, 2018, 02:21:05 PM

As for me, I started from small amounts. But at the beginning I didn't trade. I just bought some cheap coins, to make a bigger portfolio. I started from AdeX. They cheap but have a huge potential. So at this moment have a big amount of them that help to trade. Also it's on a lot of exchanges. So you don't have to research where to buy or sell it.

That is not really a strategy that everyone can use, you will need a huge amount of patience to get those tokens and to wait until they become valuable, it is better in my opinion to get a job and if you already have one to get a second job and then use that money to buy bitcoin, then once you already have the capital necessary to become a trader you can begin to study several books about the subject and then you can start your journey as a trader.

It is not going to be easy and it will probably take you a few months to put all the pieces in the right places but once you begin to see the profits you can get in trading you will see that everything was worth it.

WalterGarrison

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As for me, I started from small amounts. But at the beginning I didn't trade. I just bought some cheap coins, to make a bigger portfolio. I started from AdeX. They cheap but have a huge potential. So at this moment have a big amount of them that help to trade. Also it's on a lot of exchanges. So you don't have to research where to buy or sell it.

bravehearth0319

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The required amount is depend on the minimum amount for every exchange platform. Like for example Bittrex as fa as I can remembered when I used this platform at the amount of 0.003BTC you can able to start trade at once. But not all exchange site are not the same minimum just like in bittrex. Because there are some exchange they used Ethereum, Waves before you can use their platform.

susila_bai

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Quote from: cirizenk on December 25, 2018, 08:50:14 AM

The amount of money that you should have in order to start is the such amount, which you should be ready to lose. That's all.

What you said is also good way of starting trading but if you dont want to lose any off your investment and first learn trading then, join bounty and earn free coins and then trade in the exchange in this way you will gain how to trade in the market and even if you make mistake it wont affect you as this coins are free and what ever you are earning is upto your talent. After when you think that you have learned more then you can start investing and trade or better do same way of free coins earning and trading and earn profit from it.

cirizenk

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The amount of money that you should have in order to start is the such amount, which you should be ready to lose. That's all.

emberbekas

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Quote from: deppil on December 18, 2018, 10:21:28 PM

Quote from: Lynks on December 15, 2018, 12:46:23 PM

Any amount you have you can go into trading right away. But always learn to trade with only the amount you can afford to lose. That will help you minimise loss

Thats right. you are free in determining the amount of capital money to trade but adjust it with your skills and abilities in trading.
if you are still a newbie then use a small amount first and do not exceed the amount you cannot afford to lose. that's my tip

We can use any amount in trading and it must be adjusted to our respective financial capabilities. For newbie it will be better to use the small one till he/she familiar with all the necessary stuffs related trading. The more the money we use, the more profit we can get. But the risk will be higher as well.

astridwi

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everyone has a limited ability to enter into a trader and this is measured by how capable they are of recognizing current market trends. start with a small fund of around $ 100 if you are a beginner in trading and see the developments you make by continuing to learn what the market wants from us because it is important to understand the current trends

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