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Topic: Is there a required amount before you start trading? - page 5. (Read 2811 times)

hero member
Activity: 2926
Merit: 636
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Getting an initial amount is essential as it helps investors start trading when entering the cryptocurrency market. But I advise new investors to invest a small amount of money initially and do not invest beyond their capabilities. Invest more when you really understand this market.
I believe there is no definite amount to start in trading as long as you really know what you are trading and the strategies you will take so that you can still make profit in the end even with a minimal amount.I advise to to start trading only when you fully understand the whole crypto trading.
sr. member
Activity: 1624
Merit: 250
Getting an initial amount is essential as it helps investors start trading when entering the cryptocurrency market. But I advise new investors to invest a small amount of money initially and do not invest beyond their capabilities. Invest more when you really understand this market.

Yes, if you don't have experience, it is better to invest a small amount for the first time.
In addition, there is some trading platform where you can try yourself with demo accounts.
The amount of money you invest should be as much as you can risk depending on the possibility of losing money.
full member
Activity: 322
Merit: 100
Getting an initial amount is essential as it helps investors start trading when entering the cryptocurrency market. But I advise new investors to invest a small amount of money initially and do not invest beyond their capabilities. Invest more when you really understand this market.
full member
Activity: 378
Merit: 100
there is no required amount  before you start trading start with the low prices and start with the amount that you can face to loose it thats it.
hero member
Activity: 2912
Merit: 613
Just simple from me, I think, there is no amount needed before you start trading, but, you have to start with an amount that will allow you to make a profit and cover trading costs.
Yes.There is no required amount in trading but as what most people say the bigger the amount of trading,the higher the profit you will get.But it all depends on the strategy you are going to use.If you are really smart,you can make profit even with a small amount.I suggest to start trading with an amount you can afford to lose.
jr. member
Activity: 313
Merit: 1
Just simple from me, I think, there is no amount needed before you start trading, but, you have to start with an amount that will allow you to make a profit and cover trading costs.
hero member
Activity: 2884
Merit: 794
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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?
It depends on what kind of profits you want to have, if you're still learning about trading then you can start with any amount of money and you will be fine just try to use as little money as possible because you're learning, but if what you want is to earn money in the markets then you need to figure out how many trades you can win per month, the percentage that you earn in each trade, how much you earn in terms of percentage per month and what are your target profits in bitcoin and fiat, and with that information you can deduct how much capital you need to start trading.
sr. member
Activity: 590
Merit: 258
There is no required amount in the fund or capital that you will used in trading, its up to you.
The higher capital you have the higher return you may get but don’t expect a high income if you have a small amount of capital because that is very impossible to happen, unless it is gambling activity.
hero member
Activity: 1008
Merit: 500
There is no required amount to start trading. Trading is a broad platform, you can start trade with 10 USD! But At least 50$ we should manage to start trading. Some exchanges don't support low sell or buy order, like Idex Decentralized Exchanger! So, if you want to trade in Idex then you will need at least 0.15 ETH! And Most of the centralized exchanges doesn't have any regulation to start trading. So, I would suggest you Go for trade with 50 USD or 100 USD, and buy some coin and start trading!
full member
Activity: 490
Merit: 100
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?

Your capital for trading has a long way to go in determining how well or long you can trade. A meager capital will make you to go out of a good trade because of fear of draw down. But if your capital is adequate you will stay on a trade much longer and make a massive profit. You can trade if you have a bitcoin worth at least $1000.
member
Activity: 197
Merit: 10
dApps Development Automation Platform
Basically we invest expecting a profit. Obviously if we have considerable amount the ratio of the profit will be higher. But the amount of investment depends on your financial strength. For a small scale investor could be better to start with at least $100. If you start the field with your home work you can succeed. If money comes as first goal it is always difficult to survive in this field. Learning is the best Earning as i have experienced in this crypto space. Also do not set a monthly income target at the beginning but improve your skill set which will give you more benefits in the future.
legendary
Activity: 2422
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
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?

Nope. There's is no required amount in starting trading because it depends on the person on how he handle his starting money.  The possibility of earnings is depends on the strategic idea of the person who is playing.  But of course you must sure how to handle properly your profit. There is no required in  trading as long as you want to earn and have knowledge about it. You're in.
legendary
Activity: 1386
Merit: 1001
There is no required amount for trading, but as you are still a beginner, it's advisable that you start with a small amount, because trading is always risky and the possibility of losing your first trades is very high.
You can start with 50$ in crypto, as an example, until you familiarize yourself with this domain.
member
Activity: 560
Merit: 10
My minimum fund which is 50$ to 100$ because from a risky market you need to become a wise trader because lots of coins from now is dropping its price.
sr. member
Activity: 350
Merit: 250
I think you can trade with any amount. why? because you ask this question so I don't think you are whale. so you can't control market. you just need split your money. 1 for invest and 1 for backup
hero member
Activity: 2646
Merit: 651
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If you have capital like 10$ it is a good start on trading and could give you a profit when you are good on trading when i start on crypto trading i had only 3$ which the equivalent on it is 0.0027 btc on May 2017 and it gives me a knowledge including other method to gain cryptocurrency free.
If you're been sincere about starting cryptocurrency trading with just $10 last year which was also the year cryptocurrency experienced all time high price, I bet you just used the fund to understand how the crypto currency trading works cause such amount won't yield any profit.
newbie
Activity: 25
Merit: 0
I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?
that is absolutely true. You need a stable income before investing in Bitcoin. Because this is a potential currency, it is growing and your profitability will be longer. So you need a reasonable spending plan to invest without worrying. That is what you should do before long term investment.
In my view there is no limit for starting point, but it is little difficult for earn money on monthly basis. Crypto is not guaranteed and the price may remain low for long as it is these days. We didn’t see any increase for the last several months. You can earn money on daily basis or you may not earn money for several months and even lose if the price falls more.
full member
Activity: 504
Merit: 105
If you have capital like 10$ it is a good start on trading and could give you a profit when you are good on trading when i start on crypto trading i had only 3$ which the equivalent on it is 0.0027 btc on May 2017 and it gives me a knowledge including other method to gain cryptocurrency free.
hero member
Activity: 2744
Merit: 517
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It actually there is no required amount to start with, but it could be better if you have big amount for the capital as it have huge gains also. But if you are still learning and noobs for these, you better start for small amount so won't be having a big loss  if you've got mistaken from your trades.
jr. member
Activity: 336
Merit: 1
There's no required amount of funds to start in trading but we always know that we have minimum and maximum ammount to start in trading also.
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