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Topic: minimum amount to start trading? - page 6. (Read 6780 times)

full member
Activity: 412
Merit: 100
November 05, 2018, 02:07:29 PM
You can use $ 500 as the minimum amount to invest in the crypto market. But with a small amount, you also earn not much profit.
So investing with very small money will not benefit for you.
full member
Activity: 364
Merit: 100
November 05, 2018, 01:33:34 PM
There is no hard rules that a specific amount is required for it and i have to start trading with the amount which is available with me and i want to spent time on that because i have seen a website where coins exchange were going and that makes me inspire so that after i have to buy few coins and a bank account for online banking so from that people can come and easily they can transfer funds and the trade of coins can be complete through this way.
jr. member
Activity: 112
Merit: 1
November 05, 2018, 12:58:35 PM
I think the base you put resources into exchanging depends incredibly on the individual included. If its all the same to you scalping little sums then a little bank would get the job done, yet on the off chance that you favor greater benefits, a little bank wont work. I'd state exchange with just what you can stand to lose. The greater the bank, the greater your misfortunes.
newbie
Activity: 90
Merit: 0
November 05, 2018, 11:37:20 AM
You can start small if you want. I started real small just to test the market and get the hang of trading tools which are always increasing in features it seems Smiley

resources to understand trading concepts - https://www.altcoinsidekick.com/blog
hero member
Activity: 1414
Merit: 516
November 05, 2018, 10:42:45 AM
I think you can start trading with any amount, but minimum that exchange accept for trading, some accept minimum 0.0005 btc, but to make some profit i think is needed 0.002 bitcoin and if you are good at trading, and have some luck can continue make profit from that amount, but if you want more profit then i think you need 0.01 minimum to start and not trade only 1 coin, to make more profit.
full member
Activity: 347
Merit: 100
November 05, 2018, 10:25:13 AM
In my country, you only need a minimum of $ 200 to start small trading. And i used $ 1000 to buy some Altcoins and made $ 5000 profit.
sr. member
Activity: 854
Merit: 250
November 05, 2018, 09:18:19 AM
Every person I think is ideal for each to start trading. and they are different in thinking with us. some are possible with 100 $ to 10K $ all of which depends on each person
full member
Activity: 616
Merit: 100
November 05, 2018, 09:02:19 AM
As a beginner I ventured to invest around 500 $ around 2015 with the price of bitcoin still cheap. I set aside money from my salary to invest and as a result I get a 2x profit.
full member
Activity: 1162
Merit: 101
November 05, 2018, 08:33:45 AM
I think that you can start with a minimum amount equivalent to at least $ 100, otherwise you will not feel the profit, and over time and the acquisition of experience to increase your deposit
sr. member
Activity: 535
Merit: 250
November 05, 2018, 03:51:13 AM
minimal capital that you can do when you want to trade maybe with very little capital you can do even just $ 50 you can already trade, when you trade you should already know how to trade well and correctly so that when doing trading activities you can always benefit.
member
Activity: 686
Merit: 10
November 05, 2018, 03:15:20 AM
While there is no specific amount for start-up trading one must be very careful not to pump big money into first time trading. Its very sure that there will be some bad decision that will lead to burning of money but 50$ for a startup is okay. You learn from there.
Your right there is no specific capital or any amount is okay as long you can buy a coin with your wants. In the first day of trading suggestion don't use any personal money just use only the extra money that you have incase the coin that you buy will down you have still money

Yes, you are right trading investment should not be your personal money and it should be extra money in order to be a safe zone even though you lose them. There is no specific investment in trading and depends on the money you are ready to lose, sometime the value of coin may go down after your purchase.
jr. member
Activity: 206
Merit: 2
November 05, 2018, 02:35:09 AM
I started trading with $200 and blew everything within 1 months. My failure stem from my ignorance and insufficient trading knowledge, I never use stop loss and it rekt my portfolio. I had to get another $500 to start all over again. My point is, essential trading knowledge is cogent before venturing into trading regardless of the capital.
member
Activity: 805
Merit: 26
November 04, 2018, 06:41:32 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?
As long as you know you will gain, it is a good start to trade. My guess is $600 upward because the basis here is the amount of capital you entered. Since trading is a means of percentage height, profits we gain will be based upon the percent of hike. Extra money is good to invest because we must think that we just burning money in this industry.
full member
Activity: 340
Merit: 100
November 04, 2018, 06:27:09 PM
depending on if you want big results then you have to prepare big capital, if you are still learning to trade then use a little like 50-200 $.
and if you want to trade use free money do not use money for your daily needs or you will feel pressured when you need the money and you sell it when you lose.
Yeah, for the newbie on trading, big amount is much risky. Still i believe that on trading experience is much important than the capital. Capital is not a big sector on trading. If you have enough experience and knowledge about trading then you can start with little amount and can be successful.
Preferably, for beginner traders to trying with a relatively small amount. To get experience and learn how to analyze market conditions. Also, examine a coin whether the coin has been trusted by many people is also needed. because there are some coins that worth just for a moment, then suddenly it's worthless.
sr. member
Activity: 1624
Merit: 267
November 04, 2018, 06:12:15 PM
While there is no specific amount for start-up trading one must be very careful not to pump big money into first time trading. Its very sure that there will be some bad decision that will lead to burning of money but 50$ for a startup is okay. You learn from there.
Your right there is no specific capital or any amount is okay as long you can buy a coin with your wants. In the first day of trading suggestion don't use any personal money just use only the extra money that you have incase the coin that you buy will down you have still money
newbie
Activity: 234
Merit: 0
November 04, 2018, 04:02:39 PM
While there is no specific amount for start-up trading one must be very careful not to pump big money into first time trading. Its very sure that there will be some bad decision that will lead to burning of money but 50$ for a startup is okay. You learn from there.
sr. member
Activity: 1750
Merit: 267
November 04, 2018, 03:00:46 PM
depending on if you want big results then you have to prepare big capital, if you are still learning to trade then use a little like 50-200 $.
and if you want to trade use free money do not use money for your daily needs or you will feel pressured when you need the money and you sell it when you lose.
Yeah, for the newbie on trading, big amount is much risky. Still i believe that on trading experience is much important than the capital. Capital is not a big sector on trading. If you have enough experience and knowledge about trading then you can start with little amount and can be successful.
full member
Activity: 462
Merit: 100
November 04, 2018, 02:40:11 PM
depending on if you want big results then you have to prepare big capital, if you are still learning to trade then use a little like 50-200 $.
and if you want to trade use free money do not use money for your daily needs or you will feel pressured when you need the money and you sell it when you lose.
full member
Activity: 476
Merit: 105
November 04, 2018, 01:28:27 PM
The minimum amount is relative. You can start trading with any amount you can afford to lose. Just start trading with any amount that you can afford to let go
There is no minimum limit for trading, but if it's too little quickly runs out. As a beginner, you will experience many losses, which are natural. But don't give up, keep learning and continue trading until you find the right method for yourself. Don't use someone else's method, because it is not sure to suit us.

If you just begin trading, do not invest too much money in the cryptocurrencies. You need to learn how to do it. For instance, start with 100 dollars. Even if you lose it, it will be not a great loss but a lesson for you.
newbie
Activity: 40
Merit: 0
November 03, 2018, 07:23:39 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?

for crypto you can start with as little as $100 but i recommend $500 for stocks,options & futures i recommend at least 3,000 but it can be done with 1,500  Cool
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