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Topic: minimum amount to start trading? - page 41. (Read 6799 times)

hero member
Activity: 714
Merit: 500
November 25, 2017, 03:33:38 AM
#35
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
when i was new in trdading i started it around 0.1 BTC and the fee that time is small not like this time, but that amount is enough to start if you really want to try and learn something new.
sr. member
Activity: 631
Merit: 253
November 25, 2017, 03:21:50 AM
#34
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'd say that there is no minimum investment. I started off with nothing; I just built up my money only through working online and making money that way. With that said, I think a lot of the reason that worked was because of the huge rise of BTC. I think it's best if you just try to allocate a small portion of your daily earnings to BTC rather than putting a lot in at one time. Only put in a lot when you believe that the price will go up.
Wow it amazed me to think you've been from nothing to something, its actually from zero to what you are right now. Yes i agree with you, there is no such things as minimum or maximum amount to start trading, but when you were just starting, you can try small amounts or small portions of your money, jsut like gambling, put the amount you can afford to lose, but actually in trading you may not lose totally as back to zero.
hero member
Activity: 1582
Merit: 523
November 25, 2017, 03:21:38 AM
#33
It depends on the amount you wanted to start trading that is pick coins that has a future. Which really offer a protitable coins. Start an amount that you are willing to risks and invest on those good coins.
sr. member
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
November 25, 2017, 03:08:31 AM
#32
To start trading, I think you should spend a little money such as $100 to $200. In this time, the most important is not money, it is the knowledge you can learn.
member
Activity: 215
Merit: 11
November 25, 2017, 02:49:09 AM
#31
Different exchanges and trading platforms have limitations with the minimum amount to start trading. Another thing, most of the exchanges were legit in its service. So, its good to find the one that fulfills the necessity and give ease of trading.
full member
Activity: 770
Merit: 126
November 25, 2017, 02:40:29 AM
#30
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 there is no minimum amount of money you will need to start trading with in crypto currency for you can start as low as 200,000 satoshi with most of the exchange that trade crypto currency. Some of us started with one million satoshi from saved money which I made from gambling and signature campaign here in this forum.
sr. member
Activity: 1036
Merit: 329
November 25, 2017, 01:08:38 AM
#29
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
You can start in a very small amount for you can take the risk if you may failed on starting on trading cause there is no such amount to start for it as long as you are able to start and you know what to do then you can start but always remember that trade the amount that you can take to loose for.
legendary
Activity: 1190
Merit: 1001
November 24, 2017, 09:30:05 PM
#28
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 the trading but if you really want to make some profit i will suggest you to start with 10$ and Learn the facts of trading , when price of coin goes high when low one you learn all thing congrats you can start trading in bitcoin  or any coin as you preferred .
There is no limit in Investment Invest as possible you must know in which thing or coin you are investing is this worth ?
Do full research before investing
jr. member
Activity: 34
Merit: 10
November 24, 2017, 08:51:25 PM
#27
There is no minimum level to start trading with the crypto market. But I think that at the beginning you should not invest too much because you have a very high failure rate because of this new market. 0.1 btc is a reasonable amount.
full member
Activity: 168
Merit: 100
November 24, 2017, 08:03:16 PM
#26
Apart from learning how tto trade and getting a mentor the size of your capital play important role on how successful you can be in trading. If you have a lean capital you will all the time exit from trade immaturely out of panic and emotions. I will suggest $500 for a start.

Every people will different suggestion depending their thought. For me $500 is not good for beginner, it can make more greedy.
I suggest smaller amount for newbie like $100.
member
Activity: 276
Merit: 23
November 24, 2017, 07:52:24 PM
#25
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

The minimun is whatever makes it worth for you. If you have only 100 bucks you will not make much and fees will eat up the profit.
sr. member
Activity: 251
Merit: 257
November 24, 2017, 07:51:35 PM
#24
What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

If you have a profitable system, then I'd say ~0.05 BTC or so is all you need to start making consistent returns. You need enough that you can survive a few small losses before your systems carries you through.
full member
Activity: 952
Merit: 104
November 24, 2017, 07:03:05 PM
#23
it depends the price of the coins you want to buy for your trading investment, i think 40usd is enough to start joining in trading for your practice to avoid more risk and loses in your money, have many coins have potential to grow in the market buy it into cheap amount.
hero member
Activity: 728
Merit: 500
November 24, 2017, 06:50:09 PM
#22
All those who are saying that you need a fixed amount of money to start trading are the newbie ones, you dont need an initial or minimum amount of money to start trading.

Why dont you try to learn first? it is better than being asking about how much money do you need to have a good trading, well, i think that this is the best thing that you can do right now.

And there are some videos of some guys who are teaching about how to trade and do not make mistakes on YouTube, i dont see any need about paying hundreds of dollars to buy an expensive guide who does not contribute anything to you, because you can search the same information on Google.
legendary
Activity: 1414
Merit: 1039
November 24, 2017, 06:34:08 PM
#21
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'd say that there is no minimum investment. I started off with nothing; I just built up my money only through working online and making money that way. With that said, I think a lot of the reason that worked was because of the huge rise of BTC. I think it's best if you just try to allocate a small portion of your daily earnings to BTC rather than putting a lot in at one time. Only put in a lot when you believe that the price will go up.
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
November 24, 2017, 06:22:39 PM
#20
It depends on how much money do you really want to earn, if you are focused to have a good income of more than $50 a day, then dont even think about joining the markets with less than $3000, otherwise you are not going to earn that amount.

But if you are just focusing yourself to earn $10, $5, or $20 a day, then just try to start with at least $1000 or a little bit more.

But it is the same, if you are a newbie you really need to understand how does it works before jumping to the markets, because you can really lose all your funds if you dont know how does them work.

Better to buy some guides before starting to trade, maybe it will help you a lot.
full member
Activity: 266
Merit: 110
November 24, 2017, 06:03:17 PM
#19
start very small. familiarised yourself with the infrastructure and habits. take time to set up the right tool. that will take quite a bit of time.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
November 24, 2017, 05:58:55 PM
#18
I can tell you right now you should not trade more than you are willing to lose, because chances are you will lose everything.

This is a good advice, I remember the first day I entered yobit and lost my coins, I had so many expectations that everything will go well, that this was the best bet and that there would be no mistake, but I lost everything.

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 do not remember how much I started, but in case you are a beginner, better start with the lowest value possible, something like $ 100 and practice a lot until you define a strategy, then you increase the value gradually

sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
November 24, 2017, 05:36:24 PM
#17
0.10 is a good amount of bitcoins to start trading, because you can diversify it into five slots of 0.02 each, and setup all them to give you the profit once that all those orders reach a 2 percent profit.

I have been using this strategy for a long time, and this always gave me profit because i try to apply it with those altcoins who have a lot of volume, not all those quiet altcoins that are listed on Polo.

Anyway, 0.10 is a lower amount, if you can get a biggeramount then it would be better because you can start with much more money, and this will give you more profits too.
legendary
Activity: 1638
Merit: 1046
November 24, 2017, 05:10:51 PM
#16
In my own experience i didn't deposit a large amount and i use the faucet earnings that i have before until i save a good amount of bitcoin and use it for trading to learn i experience to lose but i learn about these mistakes.. it gives me knowledge when making me mistakes..
So don't be afraid to lose in trading from the start because its normal you will never learn if you prevent your self from mistakes..
You can start  for 0.05 btc since bitcoin is really high right now so this amount ill be still good to start in trading before you go invest a lot if you learn how to trade..
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