Topic: Minimum to start on trading - page 7. (Read 17668 times)

I started trading with .04 and its now .103. All that matters is the percentages you earn. If you have more money to play with, you could potentially gain more from the same margin percentages simply because you can buy more coins. I just watch the charts and look for a wave to ride and then swim back to shore before the sharks come.

For altcoin trading, you can put in 0.001 bitcoin without any problem. Those amount of bitcoin worth a lot of altcoins.

It has happened to me ,  i keep hold the coin even it already crossed 200% .
Until i realize the price back down and down even worst.

it is very well known already, small altcoin are moved by manipulators, by anyone practically, they have no volume, even those in top 10 can be easily manipulated, bitcoin is no exception

but bitcoin can also be moved by legit demand that believe in it, instead the other only for a 100% speculation

I would not put up more than you are okay to lose.  If trading alts 0.01 is good enough to find your way about, one tip is do not be greedy, if you are backing a coin that has risn 300% in 24 hours and you have made some profit you should sell them pretty soon as it will at some point fall back down.

Yeah, any tips on what moves crypto markets?

I have never heard of this rule before. And that's probably because it's nonsense. People should simply invest what they can afford, and what they surely know they don't need the comming years. For you it might be $1000 and for the other it's just $100, even when his salary is around $900 or more.

I think with 0.01 you can start trade at bittrex, yobit, poloniex, c-cex or other market
im start trade with 0.05 BTC sometimes i get profit 0.02/week sometimes 0.01 and sometimes -0.01

I think proper money management is as important as you starting capital.

You should definitely use a small amount as a demo account so you at least know what your risk for appetite is and also .more importantly if you the required mindset for trading and can handle your emotions well. I would say starting with 1K usd is good. Also you should not be risking more than 2% per trade as you can come back even with several losses as your loss is limited. Hope this has helped

I like the rule, you should start with salary for 1 month!!!
if you lose money is not much impact on your life.

when you decide to be trader,you must decide how much you will take profit on it,and it also happen how much you will start with.
if you wish earn 20k satoshi,you should try it with 20k start. logic?

There are a lot of books about stock trading. There iare a few, but less about trading forex. Is there any book about trading crypto, or any guide for beginners? Or, everyone should learn it on his own experience? If crypto price is too random to use the indicators like we use at trading stocks or forex, what are your drivers to make a decision about opening/closing a position? It's OK for me if you provide me a trustable link where I can start learning, I don't want you to write a book for me about crypto trading

Try with small amount and learn the better you develop skills needed for a day trader. if you can turn 0.01 in 0.02, you can do the same with 1 or 10, where there are no risk

try with small amount of money. You will lose a lot of before you get knowledge about making profit

There are a lot of exchanges..  http://coinmarketcap.com/exchanges/volume/24-hour/ and I only know a few personally..

I doubt there are many, if any, exchanges that you would be at a disadvantage at with less than .5 BTC.. Just make sure you aren't bottoming out on the minumum fees to where they impose a greater % fee because you are so small, and some have a minimum withdraw amount.. Do some research on ones you think you may like before jumping in head first..

I personally think trading crypto is a lot different than stocks and forex. Prices change in crypto for seemingly no reason all the time, just look at how many people are trying to figure out what caused the recent BTC pumps.. I don't think chart analysis and those sort of market indicators apply very well to crypto either because crypto is too random. 

The quantity of your realized profits alone is a mostly useless identifier of the trades success..

For example if you invested 100 BTC into the trade and made .01 this is typical of barely getting out by the skin of your teeth and the risk vs reward for this trade would almost certinly not be worth it..

Or if you invested .001 into the trade and made .01 this is an excellent trade indeed. Try to think of it as a percentage gain rather than just the quantity of realized profits.

My favorite indicator, Trollbox hype..

I believe this may be a good trading characteristic to have, if you have a habit of selling too early at least you are locking in positive profits. Any gain is a good gain.

The more you put on a trade the harder it gets to get all of it in and then get all of it back out the market must have more liquidity.. You have better chances of making a good trade with less invested because it will be much easier for you to get the best market price.

Once you start trading with enough BTC to push smaller markets around you will know what I mean.


Think of the psychology behind what others say. If someone says "Buy DGB" most times what they really mean is "Buy my sell orders" or if they sit there rambling on about how good some coin is it's very likely they are trying to hype to pump the market so they can sell. Also a lot of the time someone will FUD in attempt to bring the price down so they can buy cheaper.. There is almost always a motive or personal agenda behind what they say. They are saying whatever they think will make for the best outcome for them personally.

When it comes to Bitcoin there is definitely not a fixed amount for investing. I know some one who have bought only $30 worth of Bitcoin. Just to test where Bitcoin goes. If it's worth a lot one day, then fine, if not then fine too.

There is absolutely no fixed amount that you can start with when it comes to trading. The best thing is to always start with a proper research to find the area you are investing. After doing so, you will be able to make a plan and just try to see the resources that will make you start the work. I ca say that when it comes to trading, your passion and attitude stands tall against any other factors. You can have lots of money but not will to trade in a certain field then end up in losses.

But yet there are enough daytraders... right.

Their incentive must be profit. I think they trade in big volumes and with that they don't need to sell at the top. When the bitcoin price is let's say 240 USD and they sell 100 bitcons at 250 USD. their profit is 1000 - 200 (fee) = around 800 usd. That's just 1 day...From the other 29 days they need just 2 more days like that and they have a nice income.

I do however think this is very risky.