Is there a required amount before you start trading? - page 2.

deppil

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Quote from: Lynks on December 15, 2018, 11:46:23 AM

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

wxa7115

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Quote from: Impulseboy on September 10, 2018, 12:44:56 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 are not any set amounts that you need to have before you begin to trade, however you need to take into consideration that exchanges do not provide their service for free and they charge for every trader that you make in their platform and they also charge for withdrawing your coins form the exchange so if you are a day trader the costs can accumulate very fast and you could lose a huge amount of money just in fees alone.

So you need to take that into consideration before becoming a trader and always try to have more capital at your disposal because when you are a good trader the more capital that you have the more profits you can generate in a short amount of time.

iged_war

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Quote from: Adhichan on December 18, 2018, 05:04:40 AM

Quote from: Lynks on December 15, 2018, 11:46:23 AM

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

if we still beginner better use small amount that we accept to loss.so when we did the mistakes and make our money gone, we would not panic and blamed the market.

as beginner we need to preapared our self with trading skill.never join in this market if we didnt have any trading skill.and trading just following other people advice.

Adhichan

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Quote from: Lynks on December 15, 2018, 11:46:23 AM

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

if we still beginner better use small amount that we accept to loss.so when we did the mistakes and make our money gone, we would not panic and blamed the market.

Lynks

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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

erickbarkley29

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before starting trading, you should begin with a lesser amount especially if you haven't learned all about trading completely.

KnightElite

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I only invested small amount of money when I was beginner, I can say that it is not matter if you will put big amount of money or small amount of money. The most important that you should know how you will protect it and how you will grow it.

Coolman4

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the only thing required to start trading is knowledge and we can make money from that, and increase our capital

CryptoPowerL

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Everyone sets limits for himself. If you ask such questions, then you are new. I advise you to start with a small amount, which is not a pity to lose. You need to gain experience, it is better to do with a small amount

Kahoy01

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The capital that you are going to invest is not matter, the important is the trading skills that you have. Even if you only invested small amount of money but you have enough trading skill, you can ensure that you can increase your investment.

TitanGEL

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My advice for you is you should only invest your money that you afford to lose, trading is so risky that you can't ensure that you can earn profit. Maybe you should only invest 10%-20% of your savings.

QuadsPoker

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Quote from: Impulseboy on September 10, 2018, 12:44:56 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?

I agree with some guys that already replied. I think 100$ should be sufficient to start trading.
But if you start with only 100$ I should suggest to approach it as a saving account. you do not put 100 on a saving account to withdraw profits daily weekly or monthly.

Same for 100$ on a trading account. I should start trading with 100$ but at least leave profits untouched for at least 1 year. So just keep trading and try to make more profits by adding the profits to the trading balance

jrrsparkles

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Quote from: Impulseboy on September 10, 2018, 12:44:56 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?

Not necessarily but you need the riht amount of capital to make profits from crypto trading since you also have expenses while trading the cryptos.Bestter start with your one month of saving at initially no matter of how much amount is once you identify the idea behind trading then you can do it with huge capital.

Lorin

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Minimum amount is not required before you start trading.
It depends on you what amount youre willing to start trading.
Commonly Its better to start on a small amount if you are a first time trader so that you cannot upset if you loose. Learn first before you start trading, no one can earn a good profit if you dont have knowledge about trading.

DaddyMonsi

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Staring with just $100 USD may look small to others but if you are a day trader and a successful one, that $100 can turn into $181 in 30 days granting that he is successful in gaining 2% profits everyday. What more if he started wit $500. That would be $905 USD. I don't mind only 2% from my investment as long as it happnes every day.

bitcoinking11

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There is no minimum required amount before you start trading, but you have to start with a large amount to gain considerable profit. Small amount can't get you large profit. In my opinion, if you start with $100 - $300 then it would be ok.

iMark

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Quote from: bit-freedom on November 08, 2018, 11:31:21 AM

There aren’t any minimum amount to start trading. However, you have to take in consideration of the fees involved when buying and transferring Bitcoin when you first starting to trade. IMO, minimum $100 will be a good start.

Just adjust it with your skills inn trading and your financial abilities. there is no minimum in your initial capital dude.
if you are still a newbie, maybe start with a small amount is recommended. maybe $100 its good for start

gamalzour

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Quote from: Question123 on November 08, 2018, 07:56:38 AM

There is no required amount when you want to start trading because any amount that you can afford and only better to use extra money not your savings because even trading is less risk they have chances that your money gone in the future.

To some extent yes you wouldn’t be requiring big capital for taking start in trading. Most of times people take start with zero. They start with airdrops or some lucky draws and even on demo trading they start to build their career. People often don’t have money in start but still bitcoin don’t let them down. Rather the best chances and opportunities are being provided.

Little_king

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You don't need any fixed amount to start trading which I think ii is even good to start with little and grow over time as a newbie which will minimize your lose when trading and you can set a minimum of 2% gain as the value of the btc you earn is more important and you need to be very patient and stay away from greed.

Klausi

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Quote from: bit-freedom on November 08, 2018, 11:31:21 AM

There aren’t any minimum amount to start trading. However, you have to take in consideration of the fees involved when buying and transferring Bitcoin when you first starting to trade. IMO, minimum $100 will be a good start.

If you see that those promising coins has a bigger potential, we can't limit ourselves with the amount of money to invest in. $100 or more is worthy to invest, just ensure the your capabilities to withstand when fluctuations will occur sometimes, because that's what crypto is going to be. Self control is important no matter how big or small is your capital, you should need to manage your emotions.

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