minimum amount to start trading? - page 14.

Rebisco

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Quote from: kuronokishi10 on November 24, 2017, 02:33:20 PM

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

It depends on the status that you have, if you are rich then make start trading with big amount of capital. But do not ensure that you can easily grow your investment because trading of cryptocurrencies are really risky job.

BariaczRoni

member

Activity: 266

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You should not get other people's opinions and give the smallest amount to start trading. Each person will have different ways to learn trading experience. If you have a lot of experience, invest a lot. The amount starts depending on your ability but I recommend starting at a small number like $100

redsun114

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Quote from: Telybin on June 26, 2018, 09:39:36 AM

This depends on the amount of money you have. But if you are new to trading, I think you should invest in a small amount of 0.1 ETH, when you have more experience, you can invest more. .

This also depends on the type of crypto you want to invest in and the planning strategy as well. If you want to invest in long term, you would have to hold a big amount of coins or a rich portfolio and of course that is going to give you some good profit in the end as well.

Normally Bitcoin and ETH are preferred for long term investment. If you want to invest for short term, you can enter the market with a low money as well and thereby can invest in coins that do not cost you much.

Anamika143

newbie

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Quote from: kuronokishi10 on November 24, 2017, 02:33:20 PM

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

There is no minimum account set for trading. You can go to the exchange market and trade as much as you have a capital. The amount of capital can be from 10 dollars to 1 million dollars. But trading with minimum 100 dollars should start. It is best to invest in small amounts initially.

Coinsher

member

Activity: 224

Merit: 10

I think it will all depends on you. There is no exact amount of this but I would suggest not to buy coins and trade it. Rather do and participate the bounty programs so that when you received some rewards, then that's the time you will start in trading. At least if ever you failed, it does not come from your own pocket.

gohan21

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It's good to trade now and low prices are alts now and you can buy at a cheap price right now but, for that the minimum trade mark is 50$ Because if you invest heavily, you will earn more.

prashanta

copper member

Activity: 728

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in case you plan on buying and selling, you have to remember an quantity that you can permit cross, especially in the event of a loss. additionally, think of that cash as something you paid to benefit enjoy, specifically in case you are just staring. The extra knowledge you get, it might be tantamount to higher deals that you might follow, and for this reason in the end, the extra profit you could advantage.

Barbut

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Quote from: Meowth05 on June 30, 2018, 06:45:49 AM

Quote from: robotrobert on June 30, 2018, 06:13:15 AM

Quote from: yetiripper on June 26, 2018, 07:36:37 AM

This was a long and hard way, but I started my trading only out of Bounty tokens that I had basically it means that my investment capital was $0 after all...

There is no such minimum or maximum amount strategy or option in front of a person has not enough knowledge about the market. It is because if he does not know how to handle the market then using huge money is irrelevant and he may lose the entire amount. On the other hand it is relevant for those who have knowledge about the market and they can easily handle the market with huge amount.

Precisely, whether maximum or minimum it doesn't matter because no matter how much money you invest still it will end up in losing your entire money if you don't have enough experience and knowledge upon it. Hence, before make any move you should learn and practice first how it is being done. Regarding on how much money you will initiate for your investment, the answer is how much you prefer or the amount of money that you can afford tto lose.

OP is full member, I don`t know how he missed to see so many similar topics in this section. Robotrobert missed the point, he earned some tokens, sold them and he had something in his possession, its not 0$, its something. For trading you need to have something, more you have makes things easier cause you can sell some and hold some, you can buy and sell and you have with what to do that, without anything you can beg for money on the street, that is our society.

Meowth05

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Quote from: robotrobert on June 30, 2018, 06:13:15 AM

Quote from: yetiripper on June 26, 2018, 07:36:37 AM

This was a long and hard way, but I started my trading only out of Bounty tokens that I had basically it means that my investment capital was $0 after all...

There is no such minimum or maximum amount strategy or option in front of a person has not enough knowledge about the market. It is because if he does not know how to handle the market then using huge money is irrelevant and he may lose the entire amount. On the other hand it is relevant for those who have knowledge about the market and they can easily handle the market with huge amount.

Precisely, whether maximum or minimum it doesn't matter because no matter how much money you invest still it will end up in losing your entire money if you don't have enough experience and knowledge upon it. Hence, before make any move you should learn and practice first how it is being done. Regarding on how much money you will initiate for your investment, the answer is how much you prefer or the amount of money that you can afford tto lose.

money_amount

newbie

Activity: 167

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To invest in this market you should start with 0.1 ETH to learn. When you have more experience on the market then you invest a lot, good luck.

robotrobert

full member

Activity: 406

Merit: 101

Quote from: yetiripper on June 26, 2018, 07:36:37 AM

This was a long and hard way, but I started my trading only out of Bounty tokens that I had basically it means that my investment capital was $0 after all...

There is no such minimum or maximum amount strategy or option in front of a person has not enough knowledge about the market. It is because if he does not know how to handle the market then using huge money is irrelevant and he may lose the entire amount. On the other hand it is relevant for those who have knowledge about the market and they can easily handle the market with huge amount.

Furzo

newbie

Activity: 90

Merit: 0

The minimum amount to start trading is the amount that you can afford to lose. Like atleast 10 percent of your monthly income and if you have a family to support dont risk too much money cause crypto is for extra income but not advisable to support a family.

AmazingDynamo

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Activity: 248

Merit: 100

Quote from: mngweaze on June 25, 2018, 10:18:27 PM

Quote from: Coinnosaurus on June 24, 2018, 04:44:49 PM

There is no such minimum. If you are investing any amount is fine. I think if you wanna trade, you’ll need more than a $1000 to make some good profits

There is no minimum but time is a huge factor. If you're making $50+ and hour and spend your free time trading pennies, not worth it.

yes there was no minimum amount but if you put a very low amount you will be killed in terms of the payment of transaction fee so you should better set an amount that when you trade you can earn your fees.

Traslavin

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Activity: 461

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Quote from: sisjow on June 26, 2018, 02:32:40 PM

Quote from: kuronokishi10 on November 24, 2017, 02:33:20 PM

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

there is no minimum amount to start a trade, but every exchange have a minimum deposit, so we should follow them. i suggest you start with 100$, especially if this is the first time for you. the first time i trade with 250$ and that is my extra money.

In my case I set a minimum amount to myself to start trading is when the value of bitcoin is Higher than $10000 and I bet that if it happen then this could be the starting of improving the status of the crypto market. However everytime could be a best time to start trading and buying coin but before anything else know first the status of the coin you're going to buy/trade.

loofers

newbie

Activity: 42

Merit: 0

What you will earn will trading stretches to your initial capital,if your capital is small like 400 dollars so will your return be,because you have to trade with a small amount in other not to loss they capital,but if you invest big so will they return be,and you must have strategy.

holtzmann

newbie

Activity: 179

Merit: 0

I began trading at cex. Probably, with the amount of 100 dollars or maybe a little bit more, I don't remember exact sum. But what I remember clearly, is that I was doing quite well, so now I’m trading with larger amounts of money. Just like any other trader

legenduim

full member

Activity: 588

Merit: 101

You can start trading if you have even 10-50 dollars. It does not matter. however, you have to work out your strategy of trading and understand how quickly you will get your profit. This is very important.

sisjow

newbie

Activity: 154

Merit: 0

Quote from: kuronokishi10 on November 24, 2017, 02:33:20 PM

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

there is no minimum amount to start a trade, but every exchange have a minimum deposit, so we should follow them. i suggest you start with 100$, especially if this is the first time for you. the first time i trade with 250$ and that is my extra money.

GeniusAko

full member

Activity: 434

Merit: 117

There are many investors who losses their money because they are trading without knowledge. It is okay to start trading with big amount of money but you should ensure that your knowledge is enough to handle different situations.

Telybin

newbie

Activity: 114

Merit: 0

This depends on the amount of money you have. But if you are new to trading, I think you should invest in a small amount of 0.1 ETH, when you have more experience, you can invest more. .

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