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Topic: Minimum $$$ amount for trading? (Read 2735 times)

sr. member
Activity: 1330
Merit: 291
August 02, 2017, 05:21:48 PM
#84
I don't think there's a minimum you can start trading with, you can start trading with as low as 0.0005 all depends on the coins you want to trade. Trading has a lot of technicality involved and you will need to have a good background knowledge before you commence trading in crypto currency journey. I will advise you to study about the technical analysis which involves information about candle stick and the fundamental analysis in trading which is the news about the currency you want to trade for this two has a lot to do with your success in trading crypto currency.
hero member
Activity: 1834
Merit: 523
August 02, 2017, 08:57:37 AM
#83
The greater the capital you have the greater your profits will be. For the minimal amount in trading it does not exist, you just need to choose what coin you want to buy with the capital you have. My first experience, with 0.025btc of capital I started trading on bittrex trading site. By researching, choosing a potent coin, within two months I got a profit of 0.32 (not just one coin bought)
Wow thats inpiring story. Because within 2 months you earn 0.32 bitcoin with the capital of 0.025 only.
Making a research is very gokd idea to grow your bitcoin because you can know wbhat coin have pitential to increase or not. So dont forget to make a research everytime you buy an altcoin.
hero member
Activity: 672
Merit: 500
August 02, 2017, 05:16:53 AM
#82
The greater the capital you have the greater your profits will be. For the minimal amount in trading it does not exist, you just need to choose what coin you want to buy with the capital you have. My first experience, with 0.025btc of capital I started trading on bittrex trading site. By researching, choosing a potent coin, within two months I got a profit of 0.32 (not just one coin bought)
full member
Activity: 448
Merit: 100
Lets Go Adab
August 02, 2017, 05:00:01 AM
#81
Try to look first for tutorials in youtube about crypto currency then learn from it, because there's alot of different coins that has individual value's, So your question cannot be answered directly. Dont jump quickly to trading. Learn first how to earn bitcoins consistently, One of my suggestions is to work on a campaign here and starting earning. Then from there try to learn more by reading other post's here on their experience in trading.
hero member
Activity: 1008
Merit: 501
August 02, 2017, 04:43:37 AM
#80
There is no minimum amount required to start in trading. If you're newbie in trading and still practicing, small amount is advisable. Just in case you've made wrong, atleast small amount won't hurt you.

That is the right thing to do as if you are new then its better to start with a small amount that you can afford to loose so even if your trade goes wrong it won't make much difference and after gaining more knowledge and experience you can start trading with higher amount.
legendary
Activity: 2058
Merit: 1015
August 02, 2017, 04:24:54 AM
#79
There is no minimum amount required to start in trading. If you're newbie in trading and still practicing, small amount is advisable. Just in case you've made wrong, atleast small amount won't hurt you.
legendary
Activity: 1162
Merit: 1000
August 02, 2017, 04:11:07 AM
#78
In fact there is no minimum amount to start trading, you can start even with 10$ or less, but don't expect a high profit from such investment. You need to start with good budget (maybe 500$ or more) , to get good profit from trading, and keep in mind trading is always risky, no earning is guaranteed.
I agree with you . We can trade with whatever nominal we have, especially if we are trading altcoin then we can look for new altcoin which have low price. If lucky then we will be able to get the pump and we will get big profit. So the important thing is to choose a suitable coin in accordance with the budget you have.
sr. member
Activity: 420
Merit: 250
August 02, 2017, 03:39:56 AM
#77
When I tried trading my capital was around $100 only because I was hesitant at first and thought I might not be good at it and would not profit and luckily I did profit in just a month and even withdraw my capital and left the profit I gained. It really depends on the person if how much you are willing to risk. At first I thought this is all or nothing.
hero member
Activity: 642
Merit: 500
August 02, 2017, 03:38:30 AM
#76
In fact there is no minimum amount to start trading, you can start even with 10$ or less, but don't expect a high profit from such investment. You need to start with good budget (maybe 500$ or more) , to get good profit from trading, and keep in mind trading is always risky, no earning is guaranteed.
yeah there is not any limit of amount to start trading. you can start it with $10 and you can also start it with $10000. it only depends upon you how you take it. i think if you are experienced and have enough knowledge of trading take that risk and start with a good amount and enjoy the profit but if you are a newbie in trading and you are willing for a good profit. don't start with big amount. start with a small amount not more than 100$ and firstly gain some knowledge of trading and experience.
newbie
Activity: 12
Merit: 0
August 02, 2017, 02:50:45 AM
#75
it depends on your own portfolio. but I suggest 0.5-1 BTC as a starting point.
sr. member
Activity: 602
Merit: 259
August 02, 2017, 02:40:29 AM
#74

How much money in $$$ should a new trader invest and which type of trading is good? Buy and store it until it reaches high peak then sell it or some other way? Guys please give your honest suggestions. Great suggestions and personal experiences are most welcomed and highly appreciated...




My experience is neat, where I have not lost anything from the trading yet. The first reason behind that is, I have lots and lots of patience while trading and I don't get emotional when it comes to money.


Waiting is important?


Yes having patience is good quality of a trader. With trading we have to wait for long when we open buy or sell order and this wait can be long because of market situation. Crypto world is really bitch at a time, when we think it will go up then it does the right opposite to it. So you have to keep patience for its rising.


I have waited for months on altcoin and now enjoys the reward as it's above break even point. :-)

full member
Activity: 1002
Merit: 112
August 01, 2017, 07:55:39 PM
#73
I really wanna start trading. I will start on .05-.1 btc coz i've heard if you start with small capital then there is a chance that you'll just lose. I'm still searching and keep on reading on google and some blogs coz i don't know what coins i should buy to make a good profit.
hero member
Activity: 981
Merit: 503
August 01, 2017, 02:06:51 PM
#72
There is no a real minimum. You should conciser as a minimum the amount you can lost without having any problems.
The more important is to maintain a strict trading bankroll, trading with just 1-3% per trade in any given time.
sr. member
Activity: 1190
Merit: 251
August 01, 2017, 01:04:33 PM
#71
In trade, actually no minimum limit on the funds we want to trade. As for me who have motivation of trading as income, initial capital about $800 or equivalent around 1.4btc when it.
hero member
Activity: 644
Merit: 500
August 01, 2017, 08:40:28 AM
#70
In fact there is no minimum amount to start trading, you can start even with 10$ or less, but don't expect a high profit from such investment. You need to start with good budget (maybe 500$ or more) , to get good profit from trading, and keep in mind trading is always risky, no earning is guaranteed.
If a person is new to trading and he do not know about the trade and about the market then I think he have to start with a lower amount and if a person is an expert person in trade and know well about the market then I will suggest him to start with a minimum amount of 1 BTC as with that he can make a large amount of money.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
August 01, 2017, 07:25:41 AM
#69
How much money in $$$ should a new trader invest and which type of trading is good? Buy and store it until it reaches high peak then sell it or some other way? Guys please give your honest suggestions. Great suggestions and personal experiences are most welcomed and highly appreciated...

I think the amount depends on the exchange one is on. For Poloniex, the lowest start up is 0.035btc for trading that should appear in the Margin or Exchange. But it accepts as low as 0.01btc if one wants to start with lending. This is my experience with Polo.
sr. member
Activity: 798
Merit: 255
July 29, 2017, 06:15:33 AM
#68
Everyone is starting small. If you think that trading will lead you to success then focus on it. I can only give you a simple advice. Try to take signature campaigns in here or fb or twitter.. there's alot of variation if you join a campaign. When the time come's that you already earn much. The excess money that you have will be your capital for trading. By the way that's my own strategy. Try to figure out what's your's and how your'e going to benefit out of it.
Absolutely big yes! We have our own strategies on how to make our money stay and profit more. If you want a big amount you have to start first in a small amount consider all your deeds are not perfect at all, try to learn first before you're going to release big amount. First, you need to work out for your capital start to join campaigns by that you are surely get paid. By the time that when you get started in trading, trade 0.01 up to 0.01 btc make it slow down, be careful about your money.
full member
Activity: 434
Merit: 100
July 29, 2017, 04:48:41 AM
#67
Everyone is starting small. If you think that trading will lead you to success then focus on it. I can only give you a simple advice. Try to take signature campaigns in here or fb or twitter.. there's alot of variation if you join a campaign. When the time come's that you already earn much. The excess money that you have will be your capital for trading. By the way that's my own strategy. Try to figure out what's your's and how your'e going to benefit out of it.
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
July 29, 2017, 04:04:24 AM
#66
There is no minimum limit in trading. There are some coins that the price is quite low, so we can have it with minimal capital. May start with small capital first, if already understand the market price, can start with patching capital.

Yes, there are no limits for trading but as a beginner, he needs to try with the little amount of investment. Otheriwse if he tries with the huge amount he may loose all the amount in single trading. Trading always needs experience and predictions without that it is not possible to make money.
newbie
Activity: 126
Merit: 0
July 29, 2017, 03:56:25 AM
#65
There is no minimum limit in trading. There are some coins that the price is quite low, so we can have it with minimal capital. May start with small capital first, if already understand the market price, can start with patching capital.
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