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Topic: Minimum Amount To Start Trading? (Read 22066 times)

legendary
Activity: 1652
Merit: 1057
February 09, 2017, 05:35:19 PM
If you want to earn much more in trading, you need to have the minimum amount of $100 dollars. Because in trading you need to consume  time before you earn much on it because your earning is depend on the swing of altcoins. To prevent loss, you need to wait until the price of altcoin is up.
I do not think $100 as an appropriate initial capital for beginners of trading. They should not risk big when are are not ready completely for market fluctuations.

Moreover I have seen some experienced traders are always do trading with less than $50 worth of altcoins, they justify it as a risk minimizing method. When you are targeting some consistent profits rather than greedy big shots, I guess sticking with minimum all the times may ensure your success due to proper risk management.
newbie
Activity: 26
Merit: 0
February 09, 2017, 12:39:56 PM
This is a very tricky question, personally I have seen high losses due to putting too much in a coin that people go panic on lol but I have also noticed in this game the more volume you have in a coin the faster the returns, just like with any investment.

Then you could have luck like I had today, buy in very low like i did with YoBit on some new coin called SMF and turn $8 into $70 only because the slight rise on a cheaper coin you have loads of instant volume can also push you up fast, this is tricky though, you have to just happen to spot a chart that looks like a potential and know when to get out in time to not see the fast rise put you back in the hole again.

The standard I would say like most...only invest what you can afford to lose or like me be a risk taker and not sweat the losses you may incur, long as you know you will always have another day to fight the good fight to win again.
sr. member
Activity: 1246
Merit: 356
SOL.BIOKRIPT.COM
February 09, 2017, 11:29:58 AM
If you want to earn much more in trading, you need to have the minimum amount of $100 dollars. Because in trading you need to consume  time before you earn much on it because your earning is depend on the swing of altcoins. To prevent loss, you need to wait until the price of altcoin is up.
hero member
Activity: 952
Merit: 503
February 05, 2017, 05:32:45 PM
I will be using LocalBitcoins, if I have 0.5 BTC I can sell up to 85% of that in my own advert then the rest on another person's advert. Is there a way to make a profit this way? Or is 0.5 simply not enough to start with?
0.5BTC is a big capital to start trading actually. it is trading really so far i know that can be profitable to you to make it grow fast
by simply buy other coins that are cheap but potentially can be increase in a matter of short time only.
its rally enough and good amount 0.5BTC for trading and i hope you will get a good profit from it and when you invest your amount in huge value in trading so you will get a big profit and if you invest your amount in low value then you will get low profit but experience and skill is very important thing for a successful trader.
sr. member
Activity: 910
Merit: 251
February 05, 2017, 03:25:29 PM
I will be using LocalBitcoins, if I have 0.5 BTC I can sell up to 85% of that in my own advert then the rest on another person's advert. Is there a way to make a profit this way? Or is 0.5 simply not enough to start with?
0.5BTC is a big capital to start trading actually. it is trading really so far i know that can be profitable to you to make it grow fast
by simply buy other coins that are cheap but potentially can be increase in a matter of short time only.
hero member
Activity: 2660
Merit: 614
Leading Crypto Sports Betting & Casino Platform
February 05, 2017, 03:53:42 AM
I don't think so any minimum amount will be here in trading, and as you said 0.5 amount you have, i think it is enough to buy any coins. But trading is not depend in amount, it depend on your skills and information, So better is that only concentrate your trading skills and than start it.   
Well, when you have accurate information, and great skill, then the amount is no longer an obstacle. possible to start it you must begin with the 0.1, or 0.2 BTC according to your abilities. but if you do not have it, maybe 0:05 BTC can give you for quite a lot. but, I suggest to use as much as possible, because the more you use, the more profit you gonna get.

But in the start, we should use only limited amount. Because in trading, we couldn't guess, we mustily need skills and correct information than we gain profit. So i suggest in the start better is that use less amount, because if we couldn't make profit than less than we could afford lose in trading.   
sr. member
Activity: 399
Merit: 250
February 04, 2017, 11:18:32 AM
That's right, for the beginner in the world of trading, we recommend using the
minimal capital such as 0.001 Satoshi (this is just for practice). If every month we calculate,
we get the profit then we will increase our capital. step by step. This is my experience.
Yeah 0.001 Bitcoin is good amount for practice, if you have experience with your lessons better to increase your capital. Don't just use 0.001 Bitcoin for your trading, how much profit you got is depend in how much capital you use. You need to know trading is not only about profit but about losing too, so you need to realize about that.
Trying to perform some trades with this amount can help gain more experience, however it is necessary to understand that when trading with larger amounts of money, it becomes more difficult to make profits, especially with altcoins. The problem is that some markets do not have enough liquidity to fill buy orders or sell orders.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
February 04, 2017, 11:10:06 AM
That's right, for the beginner in the world of trading, we recommend using the
minimal capital such as 0.001 Satoshi (this is just for practice). If every month we calculate,
we get the profit then we will increase our capital. step by step. This is my experience.
Yeah 0.001 Bitcoin is good amount for practice, if you have experience with your lessons better to increase your capital. Don't just use 0.001 Bitcoin for your trading, how much profit you got is depend in how much capital you use. You need to know trading is not only about profit but about losing too, so you need to realize about that.

Agree on what you have said about trading since it's not really always making money and we win on constant ways in fact losses are still there even on the most professional traders do still lose because moving prices is unpredictable which means we do really need to have good knowledge and experience to sustain good profitable trades.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
February 04, 2017, 10:55:28 AM
That's right, for the beginner in the world of trading, we recommend using the
minimal capital such as 0.001 Satoshi (this is just for practice). If every month we calculate,
we get the profit then we will increase our capital. step by step. This is my experience.
Yeah 0.001 Bitcoin is good amount for practice, if you have experience with your lessons better to increase your capital. Don't just use 0.001 Bitcoin for your trading, how much profit you got is depend in how much capital you use. You need to know trading is not only about profit but about losing too, so you need to realize about that.
legendary
Activity: 1596
Merit: 1011
February 04, 2017, 06:34:06 AM
Just use small amounts so that you got the feel of it and play around the system. In this way, you will not lose a lot of money. So once you gain confidence in trading, use small increments. Your skills + experience gain overtime will help you on your decision on how to do trading in the future.
it is one way that simple. we gather capital from altcoin trading results at this time. then the next day we are trading with higher numbers. it will collect a lot of capital to generate more money.
hero member
Activity: 896
Merit: 500
February 04, 2017, 06:15:07 AM
I suggest to use as much as possible, because the more you use, the more profit you gonna get.
Probably not a good suggestion in my view. You are just considering only the positive side, but for the dangerous side always going with possible lower capital must be a wise decision. I agree more the capital will get use more the profits but certainly it will not be the case of beginners and only experienced traders will make more profits from big amounts of capital.
That's right, for the beginner in the world of trading, we recommend using the
minimal capital such as 0.001 Satoshi (this is just for practice). If every month we calculate,
we get the profit then we will increase our capital. step by step. This is my experience.
sr. member
Activity: 546
Merit: 255
February 04, 2017, 06:02:11 AM
There is no such amount like minimum amount.
Like the least transaction I have seen is 0.00001 bitcoin.
This was given to me by my friend , at that time it was equal to 0.01 USD.
He just gave it to me for fun.
Now , no-one will sell anything for that amount.
But I just wanted to tell that that is probably the minimum amount that you can send or receive.
As the tax is more compared to the amount your are paying is such case
sr. member
Activity: 2618
Merit: 439
February 03, 2017, 02:24:39 PM
Just use small amounts so that you got the feel of it and play around the system. In this way, you will not lose a lot of money. So once you gain confidence in trading, use small increments. Your skills + experience gain overtime will help you on your decision on how to do trading in the future.
legendary
Activity: 1652
Merit: 1057
February 03, 2017, 01:40:25 PM
I suggest to use as much as possible, because the more you use, the more profit you gonna get.
Probably not a good suggestion in my view. You are just considering only the positive side, but for the dangerous side always going with possible lower capital must be a wise decision. I agree more the capital will get use more the profits but certainly it will not be the case of beginners and only experienced traders will make more profits from big amounts of capital.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 03, 2017, 01:30:09 PM
I don't think so any minimum amount will be here in trading, and as you said 0.5 amount you have, i think it is enough to buy any coins. But trading is not depend in amount, it depend on your skills and information, So better is that only concentrate your trading skills and than start it.   
Well, when you have accurate information, and great skill, then the amount is no longer an obstacle. possible to start it you must begin with the 0.1, or 0.2 BTC according to your abilities. but if you do not have it, maybe 0:05 BTC can give you for quite a lot. but, I suggest to use as much as possible, because the more you use, the more profit you gonna get.
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
February 03, 2017, 11:51:56 AM
1.3.2017 I will start to trade with serious bankroll because I want make more profit and in that date I get my payment from real life and then I can become a professional trader Cheesy

If you want to start with good amount than it is a wise decision for you, because many people fail to make more money because they will start with lower amount and always looking for higher profits. Better plan with some good amount so that your returns will also be high. But don't invest which you cannot afford.
hero member
Activity: 2478
Merit: 644
Eloncoin.org - Mars, here we come!
February 03, 2017, 11:37:03 AM
I don't think so any minimum amount will be here in trading, and as you said 0.5 amount you have, i think it is enough to buy any coins. But trading is not depend in amount, it depend on your skills and information, So better is that only concentrate your trading skills and than start it.   
legendary
Activity: 1148
Merit: 1048
February 02, 2017, 01:38:13 AM
1.3.2017 I will start to trade with serious bankroll because I want make more profit and in that date I get my payment from real life and then I can become a professional trader Cheesy
To became a professional trader you must have experience in trading and have a skill on it.It is not on how your bankroll big to invest in trading.They are some successful trader here does not need a big bankroll.
newbie
Activity: 52
Merit: 0
February 01, 2017, 07:18:54 PM
1.3.2017 I will start to trade with serious bankroll because I want make more profit and in that date I get my payment from real life and then I can become a professional trader Cheesy
hero member
Activity: 588
Merit: 500
February 01, 2017, 05:05:57 PM
When i was new in trading, i started in small amount only because i want to try first if i can do it right and i can say that experience is really a good thing before you start to risk bigger amount, so i think 0.5btc is really enough to start.
in very begining it  will be a good decision to invest a small amount of bitcoin in trading. because it is important to have good experience in trading if you want to become a successful trader. without experience one cannot become a good and successful trader, and you can also minimize the risk of losing money in trading if you have good experience and skill in trading ad only then you can become a good trader. therefore if you are newbie in trading then you need to invest a small amount of ibitcoins.
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