Topic: minimum amount to start trading? - page 2. (Read 6800 times)
If you already have skill about technical analysis and risk management, so you can start by amount $500-$1000 and by start with this amount we can compound it for 1 years. Compound is great trading strategy and make possible to earn profit above 5000% in 1 years.
Trade with the amount of money you can afford to lose if you are referring to trading with the aid of a chart or candlestick pattern then that requires a huge capital in order to make a reasonable profits but if you refers to trading altcoins at a low price and sell at a higher price obviously you wouldn't requires as much as $1K.
There is no such requirement for minimum amount you can invest. I suggest you start with a medium amount in which you can get some profit and more experience about trading at the same time.
FYI: Trading is too risky like gambling if you don't know how to play safe, be prepared that you might loose your money.
FYI: Trading is too risky like gambling if you don't know how to play safe, be prepared that you might loose your money.
I think you can start trading with low capital like 0.005 BTC for example, or maybe 0.1 ETH with the actual rates. This way you aren't taking a big risk because it is expected that the first trades will not generate a good profit, and during this time you are building the experience and knowledge required for crypto trading.
It depends upon the money you have because there are low-value coins and high-value coins in the market and you need to focus on how you will research the money. Every one will invest in cryptocurrency but finding potential is always tough to invest. After investing it should not affect you're earning even though you lose value.
using money amount that we could accept if its gain losses.dont ever hope that this market could give us huge profit only in short term.we have to consider it.and analizing coins in market actually difficult to do if we have no skill.I starded was only $ 100 1st invest to wabi ico next i got hugh profit $600 then i trade alt coin i loss more now i have $598 on this bear market sorry for my english
The very basic amount are enough to start the first trading journey but it will not be profitable for the most of the people when you are starting how much you put you regain it it will be the starting stage but when you are experiencing then the profit will be comes true every month how much you are putting the effort on that this will be the right way to start trading.
I starded was only $ 100 1st invest to wabi ico next i got hugh profit $600 then i trade alt coin i loss more now i have $598 on this bear market sorry for my english
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
Seems like you are eager to invest in cryptocurrency! Its a good sign that many people have still believe in crypto. 500 dollars is enough to start trading. In fact, you can play with your capital and make it profitable. However, you can do that if you have knowledge on how you will put your money in a good project or cryptocurrency and play with veteran traders. So, in this industry, we don't just need money but we need wisdom to start trading. I mean your very basic investment and was that your extra money or required money?
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
I think the minimum amount to invest in crypto is $ 500. It is not too big, but not too small. You will learn many things when you invest in failure, or invest successfully. In the first step, you need experience rather than profit. because profits only make you more subjective and subjective will lead to great failure. So don't be discouraged when you make the wrong investment, revise your portfolio until it's right. I mean your very basic investment and was that your extra money or required money?
Everyone throwing fixed numbers. 100$ may be pocket change to some and jackpot to others.
In any case, it still shouldn't matter.
Wouldn't a correct minimum amount be:
(Minimum exchange amount to trade) * 100?
To get the minimum 100% Bankroll from which you'll invest no more than 1% per single trade? (Maybe even less for beginners)
In any case, it still shouldn't matter.
Wouldn't a correct minimum amount be:
(Minimum exchange amount to trade) * 100?
To get the minimum 100% Bankroll from which you'll invest no more than 1% per single trade? (Maybe even less for beginners)
Of course, trading results can be based on the investment we do but it depends upon the investment you choose and the coin you decide to invest. Potential coins need higher investment and it will take some time to recover because the market situation cannot be the same every time.
you're right, sometimes for a few coins it has a different investment minimum on each exhcnager. yeah, but for bitcoin, i usually see 0.01 btc, and for eth 0.1. yeah, but it's been a long time. I think, for now, you need to see the minimum fund back. My first investment was $ 1000. It was money that I was not afraid to lose. Probably for this reason I was not afraid to practice constantly.
Wow 1k usd for just a beginner ? That was freakim huge man . even if you say that you were rich , still 1k usd is pretty big knowing that you dont have any experience on trading . instead of depositing high amounts of cash why cant we just use demo trading so that we dont risk anything but we can be able to practice more longer .
1k usd is already a serious amount and even if we are already a pro , we must not deposit this amount just to try trading . its a good idea if you can allocate only 1/4 of it and just keep the other on your own hands or spend it on more important stuffs .
Of course, trading results can be based on the investment we do but it depends upon the investment you choose and the coin you decide to invest. Potential coins need higher investment and it will take some time to recover because the market situation cannot be the same every time.
It depends upon the money you have because there are low-value coins and high-value coins in the market and you need to focus on how you will research the money. Every one will invest in cryptocurrency but finding potential is always tough to invest. After investing it should not affect you're earning even though you lose value.
if I have to see the exchanger first or not, and what is the minimum number of buy / sell orders. If you want to get a big profit, the capital is also large. can small capital get a big profit as long as we understand the techniques in trading and must certainly monitor the continual development of coins / tokens that we buy
Everyone can start at their own minimum as long as they comply with the minimum of the exchanges. Starting to trade does not require much, the risk is high for beginners so it's just right to start slow, trading is a journey so eventually if you feel
the success along the way, you can increase your capital to be more aggressive.
if I have to see the exchanger first or not, and what is the minimum number of buy / sell orders. If you want to get a big profit, the capital is also large. can small capital get a big profit as long as we understand the techniques in trading and must certainly monitor the continual development of coins / tokens that we buy
My first investment was $ 1000. It was money that I was not afraid to lose. Probably for this reason I was not afraid to practice constantly.
But the initial amount can be any. I'm sure that the most important thing is the real readiness to lose it, thanks to this you will be more free internally.
And in the future, you yourself will appreciate whether you are periodically ready to add money to the deposit.
Personally, I added the first few months.
But the initial amount can be any. I'm sure that the most important thing is the real readiness to lose it, thanks to this you will be more free internally.
And in the future, you yourself will appreciate whether you are periodically ready to add money to the deposit.
Personally, I added the first few months.
the first time I bought bitcoin for me to trade it was $ 100. and even then I got from the results of the bounty campaign.
and the first altcoin that I trade is ARK.
well, I have started trading with low capital. if you want to try it, don't use large capital, because based on experience, and the information that I get, you will get a new sense when just trading. always use the lowest risk in this case by doing it with the minimum funds.and the first altcoin that I trade is ARK.
the first time I bought bitcoin for me to trade it was $ 100. and even then I got from the results of the bounty campaign.
and the first altcoin that I trade is ARK.
well, I have started trading with low capital. if you want to try it, don't use large capital, because based on experience, and the information that I get, you will get a new sense when just trading. always use the lowest risk in this case by doing it with the minimum funds. and the first altcoin that I trade is ARK.
the first time I bought bitcoin for me to trade it was $ 100. and even then I got from the results of the bounty campaign.
and the first altcoin that I trade is ARK.
and the first altcoin that I trade is ARK.
The minimum amount that we have definitely invest and make the experience but getting the profit is doubtful so we can make the experience only by investing a minimum amount but investing huge amount will be there right way to get the profit so it needs lots of experience.
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