Topic: Minimum coin to begin trading? (Read 10994 times)
there is no exact amount how much nominal to trade. what is certain is according to ability. in my opinion for beginners it is better to use a minimum of $ 100 for beginners so that if you experience a loss it is not too big.
There is no minimum or maximum in cryptocurrency trading imho. It was spoken and discussed million times every user must trade with the amount he can afford to lose. The difference between trading amount is the amount you will get as a profit towards risk of loosing. The bigger the amount you trade, the bigger are the chances you get into a rush or make bad decisions and lose. However, the smaller the amount you trade, the smaller your profit is. Everyone must find their own balance.
small amounts will quickly become large if we have knowledge, and large amounts will not necessarily be easy to grow, because it all depends on our knowledge of crypto trading. therefore do not be discouraged if we only have a little capital, as long as it is free money, I think it is much better to start I disagree. The word "quickly" is not suitable for cryptocurrency trading. And what do you mean under "become large if we have knowledge" ? If we speak about trading, then there is only one general rule with several interpretations - "buy low and sell high". If you have some insiders information, then it will just speed up process of getting larger profit.
What is "small amounts will become large" ? You claim that if I have skill and knowledge and enter trading with $100, I can quickly increase my capital to $10,000 ? I dont believe in that. I dont believe that trader can multiply his capital 100 times in short period of time. I know that there are exceptions, but they are so rare, that is better to consider such trading cases as luck.
The minimum currency you need to start trading is offered in different ways on different exchanges. Some exchanges cannot trade below 10$. So you get a minimum of 10$ on that exchange You have to deposit and then you can start trading.
However, for different types of trading on different exchanges, a certain amount is limited. You cannot trade below $10 on such a binary exchange. Others exchange have another rules for trading limit amounts.
The minimum currency you need to start trading is offered in different ways on different exchanges. Some exchanges cannot trade below 10$. So you get a minimum of 10$ on that exchange You have to deposit and then you can start trading.
There is no minimum or maximum in cryptocurrency trading imho. It was spoken and discussed million times every user must trade with the amount he can afford to lose. The difference between trading amount is the amount you will get as a profit towards risk of loosing. The bigger the amount you trade, the bigger are the chances you get into a rush or make bad decisions and lose. However, the smaller the amount you trade, the smaller your profit is. Everyone must find their own balance.
small amounts will quickly become large if we have knowledge, and large amounts will not necessarily be easy to grow, because it all depends on our knowledge of crypto trading. therefore do not be discouraged if we only have a little capital, as long as it is free money, I think it is much better to start
I just wanted to share my trading experiences. When I started trading, I knew very little about it, I also lost money that was more than I could earn in a month. The only good part of my defeat was that I learned how to find the right timing. Now I am not saying that I am a successful trader but I can say that I am not losing as much as before. I still advise beginners to try, just don't really overdo the amount lest you can't cope with the stress it can cause.
Actually there is no minimum. The amount of eth and btc you have depends on the money you have. I recommend buying bitcoin and eth in the long term and even better if we buy it regularly every month.
I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
Lol...you are looking for what will inspire you to trade but life is not in that way. You don't need to know about traders success before you start trading although every traders have there own experience and what they had passed through before reaching the peek, so just don't depend on individual results to inspire you before you take a bold step. If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
Before you could trade, I will advise you to try as much to get a trading skill so that this can help you to make critical decisions even when you are making loses in the market. Trading is good and also can be bad to those who does not know there onions.
There is no minimum or maximum in cryptocurrency trading imho. It was spoken and discussed million times every user must trade with the amount he can afford to lose. The difference between trading amount is the amount you will get as a profit towards risk of loosing. The bigger the amount you trade, the bigger are the chances you get into a rush or make bad decisions and lose. However, the smaller the amount you trade, the smaller your profit is. Everyone must find their own balance.
There is nothing to say about the minimum currency or more to start trading it will depend on your capital. You can trade with more if the amount of capital is more and less if it is less but you have to have skills about trading first know the trading charts and strategies if you are new to the market it is better to start with a little. It would be better to say 100 is the minimum currency to start trading if the amount of damage is high then you have to stop and learn more.
Of course yes who are the begginers here or what I can say newbies if they want to trading investing start with a minimum amount you have to ability to lose and it's help you to make experience and gain knowledge.
Everyone for himself determines the amount of entry, the most important thing is that it is not a pity and anxiety to lose it.
1000$ is looking good for me to start trading on Eth and Btc. You can check how market works,when to buy and when to sell. You will also see the result for day trading and long term holding. Once you experience you can test big amounts
When you Just start trading, some suggestion for you. You can start trading to using small amount investment. If you goes something wrong Then you learn from your mistake and i think it will be not effect from it. Evary traders learn from his/her mistake.Remember that patience is more important for trading. Believe yourself and look at Your own strategic for trading.
When you are just starting a trade, I recommend using a small capital first so that if something goes wrong and you experience a loss, at least you don't lose a lot of money. In addition, you can also practice to try various strategies and not worry too much about the money that will be lost later because of the risks that occur in the chosen strategy. But you also still have to consider the risk even if that risk occurs you will only lose a little money. it is important to train you also in trading.
I would have some suggestion for you that you can start trading with the amount you have the ability to lose, because in trading no one can say that he can get the profit or not sure about loss too. But it is volatile, so it would be better to choose by yourself and look at your own strategies for trading.
This is the main thing that should be taken into account, when traders tend to enter the market and are novices, what they do is think about how much they are going to win and they do not think about how much they are going to lose, this is the main mistake they make and that is which makes you go straight to failure.
This results in an idea that you can become a millionaire quickly, not lose, and that any operation if it is not a winner, failure is not tolerated, according to this, what is recommended is, based on 100% of the available balance, Only risk 20% of the total, so that 20% can be divided into several trades with different percentages for stop losses, I think it is the most sensible thing and that 20% is willing to lose.
There is no set limit to the amount of capital you need to trade before you can start trading. Some people invest a large part of their trading while others trade with a small amount of capital. How much capital you will start trading will depend entirely on you.
I would have some suggestion for you that you can start trading with the amount you have the ability to lose, because in trading no one can say that he can get the profit or not sure about loss too. But it is volatile, so it would be better to choose by yourself and look at your own strategies for trading.
There is no minimum for us to trade friends. As much as you can and never to be forced about capital. You must be good at managing finances and preparing a good strategy if you want your trading to be successful. Most importantly, don't force investing in coins with borrowed money or debt, because trading is a big risk.
To start trading you need to start trading with a minimum of 10 dollar.However, there is a minimum deposit of different exchanges. If you deposit below that, your account balance will be lost. So I'm going to use an exchange example: You cannot trade below the minimum 10$ on the Binance Exchange. So I said in advance that at least you have to keep a balance in the 10$ wallet to tag.
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