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

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.

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.

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)

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.

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.

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.

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.

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.

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.

it depends on your own portfolio. but I suggest 0.5-1 BTC as a starting point.

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. :-)

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.

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.

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.

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.

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.

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.

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.

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.

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.

0.1 I think it is enough to start a trade. How do you think, is it too big or very small for beginners?

Yes just for learning you can start from $10 to how much you can afford. But to make a profit in short time, you should invest some more money. Yes with just $10 you will not be able to make a good profit. Here you will not learn any new thing. To learn the new thing you must try to invest in popular coin. To buy the popular coin, your investment should be a little bit high. Min $50 is good to start your trading.

      I am not that expert in trading but i would like to suggest for you, better start with an amount you can afford to lose, just like gambling while you are practicing you can start by trial and error, because mostly you wont learn unless you try it for yourself, so better try for smaller amount because when you failed then its not that hard for you to start again.

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.

There is no mandatory minimum as such. The initial amount can range from $5 to $10,000, depending on the risk-taking ability of the individual, and his capability to cope up with any potential losses.

You could even start your trading with even 0.01 btc or 0.001 btc.Just do an analysis of altcoins and get an idea which coins are older and which ones are newer coins.Try to learn how to read price charts found in exchanges like one day chart,one week chart,etc.Slowly,you will gain experience and then you could start trading with high amount.

I just invested an amount of 0.001 in bittrex just also new to cryptocurrency trading I just deposited last 19th of July and with that kind of amount only simply because I want to know how does it work and what is really cryptocurrency trading. But for the past days I learned some mistakes but the more I am engaged with it the more I get wiser and select the possible altcoins that may increase in it's price but right now I am observing with it.

I think that the minimum to invest would be $100 because if there is a profit it can be double or more but if there is a loss it is only $100.

There are a few of my friends who are just starting their trading still having their capital around 0.001 bitcoins but managed to withdraw more than 0.005 bitcoins in just less than five weeks. I guess starting with minimum capital will always ensure tension-free trading hence the beginners are able to focus into their technical part for better trading.

In my opinion too 0.001 bitcoins must be the right choice of capital for beginners. Because along with experience we can increase the capital amount just from profits.

In case you want to get fresh experience live start with the small amount which will help you to learn overall process of trading and its risk associated. Once you get more confidence than you start with medium capital which will help you develop the flavor and make some profit and you can get into this business full time later on.

There is at least you need for 0.001 bitcoin may also can be lower but the profits will be more visible if you have a lot of funds, trading is aimed at taking profits by buying at low prices and selling at high prices and sometimes we also have to cover the losses with cut lose because the price is decreasing.

There is no minimum amount for trading mate. A small amount suits you best because you are still a beginner. You will have bigger profits though if you have big capital. You will know when is the perfect time to add another amount to your trading investment.

You can diversify your coins. Go for those that have very positive speculations. When their price reach a certain percentage gain, they you can sell them.

Its up to you how much you want to invest. For me I started at 0.030BTC, the money I got from freelancing. You need to invest and buy bitcoin from your pocket. If you are a newbie, try to trade in small amount. For example trade 0.001BTC to another altcoin. Challenge your self, if you can grow your 0.001 to 0.002 (100% profit) then trade with much higher amount.

the more you hold (hodl) the more you win.
There is no loss or gain till you have sold your crypto.
So you always have the choice to not sale at loss

How much money did you spend when your'e starting to buy this coin's ? , or do you even need money to start?.. can u give me advice on how to start it correctly, so i can spend my money efficiently, thanks for the reply in advance.

I think at the 1st time minimum deposit 20$-30$ to learn the trading.When you are expert of the trade, you are trading huge money.

Start small to test out your strategy, research and understand how you'll react in a loss situation.  Once you get the hang of it and gain some confidence, you can always invest more.

I guess there no minimum amount on trading as long as you have skills, experience and knowledge about it. However, the minimum amount you will invest the longer time you will gain profit hence, if you wanted to earn a high profit with short time then invest with high amount. In my case, I invest on altcoins...the coins I get from bounty campaign is being trade in exchanging sites.

Anyone have any success swing trading on GDAX?

Was thinking about throwing in about 2 BTC on there and buying on dips and selling once it goes up $400 and just repeating over and over. I'd pull half for profit and then stow away the other half as BTC.

If BTC goes to shit, so do I, but if it keeps up its steady long term growth, I'd never take a loss, just might be stuck holding for unpredictable time periods

Someone please point out the flaws in my plan.

Thanks,

There is no minimum. For a starter, it is best to trade small time as that is like a learning process for you. As soon as you are already good and has already acquired the skills necessary for trading, increase your investment.

As for the type of trader, there are several. I cannot expound on each one of it here. You can google the definition for your perusal. You can be a: 1. daytime trader, 2. scalp trader, 3. swing trader, or 4. position trader. Look for each, read and study, and choose which fits best to you.

Go to bittrex.com. There are more exchanges there.

You can start trading even with a small amount of money, it's the same thing with dealing with microshares (Shares of extremely low value). You could start trading with cheap coins, new ones that are coming up and have some sort of potential and so on.
Money doesn't necessarily limit your ability to trade, it may limit your profit though, don't expect to earn $500 by investing $5 in Dogecoin for example.

To me, minimum one thousand dollars is required to start trading. More or less is not needed for the beginners. But this is to earn serious amounts. If you just want to see the dynamics of trade, you can even start with $10.

Hard question.
To start a trade, Money is no 3. The original question is:
How long have you known the trade ,?
How far have you learned the trade?
And How far have you controlled your emotions?

Capital / money is the next number.

Paper trade a very small amount in order to learn how to do active trading (the opposite of buy and hold). Input all the transactions in Excel, calculate daily NAV and calculate your Sharpe Ratio. When you will have a SR above 1 for a few weeks, you are ready to active trade a larger account. By now hopefully your investment from first part paid off and you have money to do active trading. Pay attention that it could take more than a year to learn how to do active trading and win over the long term and at the same time have a proper risk management plan in order not to lose your shirt.

I wish you all the best.

I divide my budget into two piece. My 75% goes to BTC/ETH/LTC pool which is trusted, my 25% goes to tokens. Becasue tokens contains risks for trade. But bitcoin and ether are much safe.

For example, yobit accepts trades which are greater than 10k satoshi. But definitely no one could make better trades with this much low capital. So we should set minimum capital based on many other criteria not just with trading platform.

I believe for our effort and time, we must need at least 0.050 bitcoins for better trading environment. With this much capital we can gain some decent profit on weekly basis which will be ensuring we are doing right thing for our time and effort. There could be many plans for setting minimum amount for trading. But I'm following this and it is working good for me.

Invest in the ICO project is the lowest price before the exchange, I have ever invested in stratis when it was running last year and at which ICO I keep 7000 coins until March of this year I had to sell it because of personal reasons and right then it was up $6.
Invest in the ICO project in present time is the best choice...

You are newbie like me I would suggest you start with minimum 0.01 Btc or start trading with less satoshi coins.

Wow, that's fantastic! What you did is extremely amazing I will take note of all the pieces of advice you've made here. Thank you so much.

I have tried many offline and online tradings and with great pleasure can suggest you 'altcoin trading' is best among all. Main reason for this is capital gains in case of altcoin trading are way more than any other trading. While you try to calculate earnings in terms of percentage in other tradings, altcoins make you rich enough that you calculate earnings in terms of times.
Undoubtedly minimum amount depends upon your status. Gain of $100 can be delight for one, while gain of $1k can be OK for other.
Now how to trade, many people will give you suggestion to follow some pump/dump group and make daily profits. I am strictly against this. In order to earn big, you need to mature your investment which could be only done through waiting. Suppose Ethereum rose from $12 to $400 in 8 months. Now if person bought it at $12 and sold for $20 next day, he is making profit too but nothing when compared to other one who hodling it for 8 months.

there is no fixed amounts, it is based on your pocket actually.
the golden rule that is repeated also here is to invest what you can afford to lose. i have seen people trade with less than $100 and there is nothing wrong with it.

one thing that people usually forget to mention or confuse is the fact that fees are calculated based on percentage of your trade. since it is not fixed you won't lose anything if you go in with small amount.

For you maybe 1 Bitcoin is a decent amount to start trading. but for me, it's big amount i will not suggest a newbie start with this amount. If you can afford 1 Bitcoin then no problem. According to me, 0.1 bitcoin is one type of decent amount to start trading. If you can't, you can minimise this amount and start how much you can afford. But here money doesn't matter knowledge is important so first learn different aspects of trading and later invest money.   

You mean how much we can risk by the term "gamble" ? When a trader starts after gaining proper knowledge about different aspects of trading like technical analyses and emotion control along with money management then there will be no need of comparing his trading with gambling.

Because he will not be risking big. In that case a trader may start with even one bitcoin also. I mean to say 1 bitcoin will be a good minimum amount for a good trader.

Minimum can be any amount depending upon how much you can gamble with. Trading can be really risky for newbie traders like you and you should not buy any coins when they are pumping like hell in last 24 hour and you should never sell what you have in loss being panic.

Well you can use the amount of capital trading altcoins just for 0.01BTC that is good for start to trading altcoins and i recomended to trading ripple on the exchangers, find the strategy of trading can gives constant profit although just for small amount of profit, the amount of capital will going up, if you can get good profit every trade.

Minimum could be minimum acceptable by the trading platform. But if you want to go for holding your bitcoin and let them grow as the time is passing then you could just keep any amount you wish to with at most security and safety of your returns as compared to other ways in the market.

Amazing, you really made me feel better about trading and this it makes sense to me on how and where to invest.

Ah, thanks I like your comment dear and I feel like I will do that for sure but not now later cause at this time I can hold for 1 year max or maybe 1 and half years but not more than that so holding for 10 years is a great idea but ideally for those who already own 1000$ and if they put it on trade they won't regret cause they've more $$$ but to me I hardly can manage to put 25$ to 40$ per month.

You can start minimum 0.01 and it is better that only start with a minimize amount.
Now you new in trading, have no experience of trading, than use which amount you can afford it for testing.
Because when i started trading, i used only 0.02 and even i have lost but after 2 months i started to make profit.   

Pretty correct since all of us not a whales and some of peoples have only limited money to spend on their trades and they shouldn't be worried for having a low budget since they can earn more with that if they thread nicely even though their money is few to execute huge trade. And although Crypto trading is not easy but if you learn its flaws and tricky movement you can surely earn when you hit the right timing on when to buy and when to sell.

You can start with small, don't put anything which you can't afford to loss if you are new to trading.

This is one of the easiest way of trading and known as passive trading, if you are patience enough than you can make good profit with this. But you should be careful about the coins where you are investing, don't buy at peak price and don't buy any shitcoins that don't have much trading volume.

Personally I prefer going long with most of the alts and I am investing regularly on new promising ICOs.

There is no minimum amount in trading. It depends upon what you can afford. Less investment will bring less profit and vice versa. But let me clear you in starting most of he time you would make loss. Cryptocurrency trading isn't that easy. What I do is I diversify my investment and bet one part on some top altcoins, second part on some low volume but known currency and third part on ICO which posses some potential. Even if I encounter loss in one, most of the time I make overall profit. Never fall for pump and dump groups.

If you are newbie in trading i think its better if you start trade with $100 and i think its enough and after you learned a lot of infomation and knowledge add more funds to earn more profit.

So true and good advice to a newbie. If anyone told me to be carefull about that when i got in I'd be stil with alot of btc instead of a lot of (almost a million) Ldoge. So do not fall into that trap. I think the "pump & dump sessions" are (highly probable) being done by the workers of the exchanges; that only think to grap more btc from the users of the exchanges.

there are no minimum amount for start trading because every trader will have different amount. the best thing that you can do is you set your own minimum money and you think its enough to start. for trading, you can trying many ways like buy lower and sell higher, buy and hold for a while for example for 2 or 3 days, or others. i think you need to try by yourself so you can found what will work for you.

I'm doing trade on btc-e, I always do BTC0.01 btc per trade with condition I will sell when the price up/down 20 point after I buy it.
But I keep bitcoin for long-term too.

i tell you don't start huge amount first you start with smalll amount. regularly trade create good knowledge for trading. so first you create knowledge then invest huge amount.

small amount should do. .04-.1 bitcoin is good for you to learn first. serve a tuition fee into trading. superheroes are made you should take time to learn and practice trading before you succeed. i myself is learning too. and i just heard that from my teacher. learn to walk before running. that's the basic he said. kudos mate!

with lower fund, you can think its better to increase the risk to gain more but you have to play safe even with the 0.001, because when you win big with high risk(compared to the crypto space) it becomes and addiction to risk and it always lead to catastrophe.

To buy and hold (store), you may start with even $10 but the big requirement for decent profits, how long will be able to hold without getting tempted to sell and enjoy the profits ?

If you are planning long term holding with bitcoins then I suggest you to start with $100 to $500 and duration of holding must be at least 10 years. This way you may become millionaire too as there are speculations about bitcoin prices to reach multi millions and even billion dollar levels too.

Thanks for that comment and yes altcoins  are best to trade with as they're cost-effective for new traders and are also increasing in price very fast.

That's great as real experience is great to learn. You really did a great job wow you did your best I would like to hear from you more.

Very valuable suggestion. I also believe in holding rather than losing or doing stop loss stuff. I am a guy who thinks but at low and wait until it rises so I can make some good $$.. I can even wait for months as I believe patience is very important in trading and control over ones emotions is key to winning at this game.
Thank you so much for that great comment of yours.

You can use any amount for trading. for little amount you can choose Altcoin.

At first choose a good exchange community then start trading.

I can't say that its easy to make double money with trading altcoins, but its easier to do that with altcoins then with bitcoin I think. Altcoins are rising very fast, and its possible to start with 10$ I think, with a little luck with choosing right altcoins you can multiply your money in couple days, or more.
Prices are going up and down all the time, I didn't have luck with day trading and now I'm just buying some alts and hold them for a longer time, but 10$ is not enough for this kind of investments, I buy every few days some little amounts of altcoins, 3$ now in one altcoin, after few days 5$ from some other and I'm making a stash. I wait price to multiply much more then just 2 or 3 times, and a I'm aware that maybe I will need to wait years to see some real progress.
Some other people already mentioned the difference between day and long term trading, think about it and try what you think its easier for you.

I think i can help you with that because i started trading two weeks back. I started trading with 0.0077 btc because that was all i had left apart from investment in a program. I think its best to start trading with . You can start with 0.01 not more than that because you are yet to learn alot of things.
I ll tell you the mistakes i did which you should not do. First choose a good trading exchange. I would recommend you Bittrex. The the first mistake i didis repeated changing of exchanges. I changed around 2-3 websites and each one costed me 0.001 withdrawal fee. So i was already down 0.003 btc.
Then the second mistake was to take part in pump n dump . Dont ever take part in pump n dump unless you know what actually you are doing. Newbies should never go through pump n dump you will endup in a loss .Here i made the third and last mistake that is to trade in loss. Never sell your coins for a loss. From 0.0077 btc i came to 0.0005 btc. Now i hold the coins until i get a profit from it. In past two weeks i went down from 0.0077 btc to 0.0005btc and now i am in profits i.e,. i have come to 0.008 btc .
Last advice is never trade all your btc in a single coin. Buy different coins.

Very few get the chance of making a big profit with trading. Each trading website has got its own limit in the trading capital investment. Right now holding bitcoin is the one that make a better profit as the exchange services are good and legitimate.

This will all depend upon:
1. How much money you got to invest?
2. How much risk you are willing to take?
3. How good are you at analysis?
4. Are you interested at day, short term(ranges between days and months) or long term( ranges from months to years)trading?

Cryptocurrency market is quite unpredictable and is very volatile. Leaving some top currencies (which might get affected by various news), most of the currencies are hard to predict. Many are dead and shit coins mostly driven by pump and dumps.

What I want to suggest you that, if you are new to trading. Start with amount you can happily lose because probability of you losing in your first trade is quite high. Try to understand charts and analyze news and their effect on various cryptocurrencies. Study the peaks and troughs in charts and how they work. Diversify your portfolio with 60% top 10 currencies( best for long term and sometimes for short term trading) and 40% with other currencies with low but considerable volume(stay in top 50). They are best for day and short term trading. You can bet for new coins as well if their ICO is appealing and have some big names backing it. Never fall for pump and dump groups at least for the start. They might seem appealing. But as a newbie you will lose for sure. With time according to your stats increase the trading amount gradually.

Sinee you are a newbie in tradding platform So trade with carefull.I think trying to trade yoi just need 0.01 btc is enough.And i think long term is better than daily trading. buy coin at low price and wait until reach your terget price.but for target a coin price you need to research about the coin which you will buy.So i suggest juat start to try trade with small amount like 0.01 btc or $20- $25. Best of luck

There is no minimum amount in trading. We can use whatever we have. If we have a small amount of capital then altcoin trading is the best option, many altcoins have fewer rates so we can have an opportunity to get more bitcoin in the amount. The opportunity to earn even greater profits than trading bitcoin.

There're a way if you want to get profit all the time that's holding,yes holding a coin is the way for you to get profit without loses.if you're using small amount,try it in altcoin because when you get a profit you can double your money,there's many platform something like bittrex,poloniex,ccex and etc(this is for altcoin,you can hold bitcoin in there too.but they're focuse in altcoin)
If you only want to trade bitcoin you can go to bitstamp,kraken and etc.google it,many platform that you can use to hold or trade your money

Thanks for your comment I really appreciate that but can you tell me a way where there would be no losses at all. Like if I buy something e.g BTC and then hold them as long as their price increases. Will that also be in loss? Is there anyway or platform where one can hold the money and wait for the right moment to sell that for profit?

I think small amount around 0.01-0.05 btc is enough just to learn first how trading works. .because its too risky if you just a newbie and you don't know how to trade.. but after you learn and experience of loses in trading and you can now making a good profit with your own margin you can increase your investment to make more profit every time the price increased..

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...