Topic: Minimum coin to begin trading? - page 4. (Read 10994 times)
I dont think there is a minimum amount for trading. But yeah, if you want to maximize your possible profit, invest a plenty amount of coin. But before you do that, you must have a good knowledge in trading so that the risk of losing your money will be lower.
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I don't think that there is a minimum amount to start with but you can limit the amount of coin that you will have to buy
Yes, any amount from $50 can be used to start crypto trading, which matters most having trading adequate knowledge and never diverse your investment if you cant manage many coins. However, the best way to make quick funds with little capital is through futures trading just like the one introduced by Kucoin but people need to understand fundamental aspects of and the risk either.
Bitcoin consists of satoshis that are the smallest parts of cryptocurrency. 1 bitcoin is equal to 100 million satoshi. So, you can buy any part of bitcoin on literally any amount of fiat currency you want. There is always this seductive quality that you can buy in, and then quickly sell. Many people made a quick profit when bitcoin hit 4k recently.
If you have proper knowledge about crypto-currencies, you will trade minimum 100$ or avobe. The more you invest, the more you profit or loss. Take a good decision which coin you invest. If you have time, you should more learn about crypto.
If you are just starting out trading or want to start. I suggest that you place $50 in your wallet so that you can start trading. Get a feel for the market. Learn those patterns and how to detect them before hand. And $50 is just the right amount so that you still have that flexibility in the market. But don't be discouraged if you liquidated it. At least you've gain experience and that's maybe the most important attribute you need in trading, hell, In anything you want to do.
Well there's no specific amount if you want to start trading , as a begginer try small amount first then if you learned technique or strategies then double the amount of your trade.
I think there are no specific numbers in this case. You can start trading with any number you want. I started trading with a capital of 0.05B (50% of my total assets). At the beginning I only take profit 5% or stop loss 3%. After having experienced, I gradually raised the profit level and as now, when I have experience, the amount I use to trade is 0.5B
Yes, ideally you should start very small if you are new in crypto trading.
You have to familiarize yourself first and be comfortable of what you are doing.
In time, you will acquire strategies that will be of benefit when you are increasing your trading amount.
And also, if you will venture in other alts, it is better to study those alts beforehand so you have idea where the market is going.
I think there are no specific numbers in this case. You can start trading with any number you want. I started trading with a capital of 0.05B (50% of my total assets). At the beginning I only take profit 5% or stop loss 3%. After having experienced, I gradually raised the profit level and as now, when I have experience, the amount I use to trade is 0.5B
I think it will not have exact numbers. It depends on how much money you have, how much you can risk to make a profit. For example, I spend a total of 30% of the money in my fund to trade, which is about $ 5k (of which I spend more than half to trade the BTC / USDT pair)
In my first trading I just started with around $30 just to practice it. I just want to start with small amount just to learn it because it is not easy to make money in trading especially if you are beginners and not have much knowledge yet. It is better to start with small amount, not in big amount it is risky for beginners.
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
There is no minimum amount to start trading as long as you use your capital which is you can afford to lose. When i start trading ,i buy those coins with lower value then hold it until the value increase which i'll be able to have profit. Much better if you start in a small capital investment first like $10. If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
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agree with you...to learn trading can begin with any capital, you can start with a capital of $ 10 or $ 100 depending on your beliefs. and one more thing, trading cannot be learned overnight, it takes months to master.
If you are hesitated to trade and you fear that you'll lose your money in the first place, don't do it you will end up losing most of your money!
Instead there are some exchanges or wallets with built-in exchanges that give you virtual cash (for example 50,000$) to begin trading with try them and if you like it then go a head and trade with real cash
Instead there are some exchanges or wallets with built-in exchanges that give you virtual cash (for example 50,000$) to begin trading with try them and if you like it then go a head and trade with real cash
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
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
It all depends on you. How much can you afford, and if you lose all the money by trading, you will not suffer any major loss. It's all up to you. You can start trading with 10, but trading with this amount will not give you much result. This requires building your own trading skills first and trading with a good amount of funds. I would suggest you to start with $ 100- $ 300, check your trading skills first. If you get good results, then the investment will increase further. Of course, invest in trading as much as, you can afford to lose.
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
For exchanges now they have set a minimum of $ 10 per transaction. so you need to have at least $ 10 to trade at big exchanges. Also if you want to trade for smaller amounts then you can go to small exchanges like Crex24. You can even trade with $ 1 volume there.If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
I think $10 is small amount enough for a beginner to start trading, anything below that is a complete wast of time, as you trade exchange remove commission, how can someone trade with $1,
If you are still learning better to stick with smaller amount, anything ranging from $10-$50 is reasonable to start with, and trade in exchange with good volume.
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
For exchanges now they have set a minimum of $ 10 per transaction. so you need to have at least $ 10 to trade at big exchanges. Also if you want to trade for smaller amounts then you can go to small exchanges like Crex24. You can even trade with $ 1 volume there. If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
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
The question is,How much do you have in your pocket and willing to invest and start trading? How much you can afford to lose if ever? Anyway you can start trading even in a small amount and if you really know the strategy to gain profit in trading and not to lose then you can add more investment if you want. If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
I think the good question is, how much money do you have to buy the coin you like?
Because, it is better to buy them in the amount where that We can afford to have it, isn't it right?BTC
And as far as I know also there are some platform exchange their minimum amount of deposit is
at least 0.003BTC.
Because, it is better to buy them in the amount where that We can afford to have it, isn't it right?BTC
And as far as I know also there are some platform exchange their minimum amount of deposit is
at least 0.003BTC.
I think the best way is first knowing what you can afford such that you won't be at the receiving end therefore trading with peace of mind, once you have resolved that within you, you can kick off. Normally, the best ideal amount is $100 but this must be after getting the right knowledge so one don't end up lossing everything; although losses are bound to occur as a newbie but that doesn't mean one will lose all just like that before getting good with trading.
Indeed, any amount will do as a starter but its important to know everything about trading first on what newbies should know. Take time learning and if you're ready then thats the time to try the actual trade. Losing is inevitable since its part of the process however that losses and experiences will teach you something that you can apply the next time you trade and its a stepping stone to be a pro trader.
I think you can start trading with any amount you can but you need to learn more about trading get started.How it's works! How to gain profit? how to handle the loses.Then any amount will be enough for you start trading.
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