Minimum to start on trading - page 9.

maokoto

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Quote from: Amph on November 10, 2015, 02:27:58 AM

i've learned that the best strategy is to try to earn big by starting with a very small amount, if you can't succeed in this then you known that you were going to lose money if you were going big

if you can turn 0.01 in 0.02, you can do the same with 1 or 10, but you need to do it first with the small amount, where there are no risk

Well that sounds like great advice. If you can double a small amount, you are more likely to have the abilities to trade higher amounts. Great point.

I guess that it also builds patience, as you cut the urge of being rich fast by using this method.

kyrios_

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Quote from: harizen on November 09, 2015, 05:50:13 AM

To start on trading and really feels the profit somehow, I suggested to start at least BTC.5 or much better BTC1. You can start even 50k satoshis but it might take longer to feel and monitor your improvement.

-Read some speculations
-Read some latest BTC news
-Always monitor the price chart

This thread might help you to observe BTC prices.

https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

in my experience watching the price chart too much is mentally draining. there's a chance that you let your emotions get better and get tricked into panic selling or buying. watch the charts but have a life and keep emotions in check

bitmarket.net

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Quote from: Amph on November 10, 2015, 02:27:58 AM

i've learned that the best strategy is to try to earn big by starting with a very small amount, if you can't succeed in this then you known that you were going to lose money if you were going big

if you can turn 0.01 in 0.02, you can do the same with 1 or 10, but you need to do it first with the small amount, where there are no risk

In my experince the psychology of trading 10 btc is very different than trading 0.01 btc.
Once you start trading money that really matter to you, emotions can get in the way and cloud your judgment.

Not to mention that it is easier to get fills on the smaller volume.

Amph

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i've learned that the best strategy is to try to earn big by starting with a very small amount, if you can't succeed in this then you known that you were going to lose money if you were going big

if you can turn 0.01 in 0.02, you can do the same with 1 or 10, but you need to do it first with the small amount, where there are no risk

bitmarket.net

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Activity: 323

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Quote from: enhu on November 04, 2015, 01:26:57 PM

Quote from: bitmarket.net on November 04, 2015, 12:05:41 PM

Quote from: enhu on November 04, 2015, 08:21:15 AM

exactly. keep in mind that every time you ttrade someone else is betting on the other side against you. thats sort ofd how it works.
but i still do recommend to start with about 2btc with your proven trading system.

Bitcoin trading doesn't have to be a zero-sum game any more.
The person on the other side of your trade might be hedging his long position, it could be somebody using bitcoin to send funds to his familiy abroad or it could be a retailer selling bitcoins he's accepted as a payment.

The more uses there are for bitcoin, the more mature and stable market we are going to have.

Good to know that. Same thing with Forex Trading?

I don't see any software to use with bitcoin actually unlike having the MT4 when it comes to Forex market. All I have seen is the BitcoinWisdom which is just fro browsers.

Enhu,

Do you think there would be an interest in the MT4-type software for the bitcoin trading ?

Zorrocoin

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Quote from: ?? on ??

Quote from: maokoto on October 11, 2015, 10:10:28 PM

For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.

Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?

You like trading with alt-coin ? Tongue

My advice you can start with higher amount like 0.01BTC or higher and your goal 0.02BTC a day. Cheesy

Because 10k satoshis is to low to start trading and it is easier to lose. Tongue

I agree. Start with a significant amount of at least 0.01 BTC so you can at least have a more significant profit after the fees. Trading in satoshis will not be advisable as the time/resource factor will mean a less remarkable ROI.

harizen

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Quote from: HarryKPeters on November 09, 2015, 07:18:03 AM

Quote from: harizen on November 09, 2015, 05:50:13 AM

To start on trading and really feels the profit somehow, I suggested to start at least BTC.5 or much better BTC1. You can start even 50k satoshis but it might take longer to feel and monitor your improvement.

-Read some speculations
-Read some latest BTC news
-Always monitor the price chart

This thread might help you to observe BTC prices.

https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

I started with 100 USD which i called learning morning. The money was not meant for profit but just for learning the market etc.

After my learning time i still got 80 USD. With that i added some more money (500 USD). After 2 weeks i checked my progress. If there was 20% profit i would double it. If i had loss or less then 20% i waited more.

With the profits i gained, half would be converted back to fiat, half would I reinvest. A solid strategy that worked for me.

Great. Things works for you well.

Well my suggested initial investment to start in trading was based only on my own. I started at BTC0.2 as my learning stage and somehow I make profit but it's just an small amount and I can't feel it. After surpassing that stage I add some little amount to invest and today's somehow I feel Im gaining profit much more than my previous profit.

moneyflow

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Quote from: hunnaryb on October 13, 2015, 11:31:10 AM

The amount you trade depends on your willingness to lose money. However, if that's covered, then you should look at the volume of the asset you intend to trade and try to stay lean.

Better to trade with as low as 0.01BTC rather than satoshis. Let the amount be as significant that a plausible profit can be earned. Trade only as much as you can afford to lose at that moment. That will give you a better idea of the risk but for the profit - the sky is the limit my friend.

HarryKPeters

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Quote from: harizen on November 09, 2015, 05:50:13 AM

To start on trading and really feels the profit somehow, I suggested to start at least BTC.5 or much better BTC1. You can start even 50k satoshis but it might take longer to feel and monitor your improvement.

-Read some speculations
-Read some latest BTC news
-Always monitor the price chart

This thread might help you to observe BTC prices.

https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

I started with 100 USD which i called learning morning. The money was not meant for profit but just for learning the market etc.

After my learning time i still got 80 USD. With that i added some more money (500 USD). After 2 weeks i checked my progress. If there was 20% profit i would double it. If i had loss or less then 20% i waited more.

With the profits i gained, half would be converted back to fiat, half would I reinvest. A solid strategy that worked for me.

harizen

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Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

To start on trading and really feels the profit somehow, I suggested to start at least BTC.5 or much better BTC1. You can start even 50k satoshis but it might take longer to feel and monitor your improvement.

-Read some speculations
-Read some latest BTC news
-Always monitor the price chart

This thread might help you to observe BTC prices.

https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

SimpleIn

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Quote from: maokoto on October 11, 2015, 10:10:28 PM

For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.

Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?

To learn how to trade fairly 1 Bitcoin

Miracal

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Quote from: ?? on ??

Quote from: maokoto on October 11, 2015, 10:10:28 PM

For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.

Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?

You like trading with alt-coin ? Tongue

My advice you can start with higher amount like 0.01BTC or higher and your goal 0.02BTC a day. Cheesy

Because 10k satoshis is to low to start trading and it is easier to lose. Tongue

Forget satoshis, start with at least 0.01 Bitcoins. that will at least be substantial to invest and incur significant returns. Also, important thing, DO NOT invest more than you can afford to lose. Always invest as much that will not affect you when you lose it as then when you do earn it the profit limit is the sky in that case.

disamsal

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first find 5-10 faucets and click to 50k sat ...you will need a day or two. Then start trading. You will see if it is for you.

newbitcoins

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If you want to test your trading strategy, you can use small amount of money. If you want to make profit, you have to invest meaningful amount of money justify your time.

Miracal

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Quote from: Nrcewker on October 14, 2015, 12:51:37 AM

your denominated in units turned out to be satoshis... Undecided

I think if you make profits from trading, at lease 0.1 btc to start.

True. It is pointless in trading in satoshis. why invest so much time and resources. Start with a lower Bitcoin value and buy only as much as you can afford to lose. Do not be over-cautious but never be too greedy. Put in a reasonable cap on your expected profit and start the buying-selling process then.

TReano

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it depends what you are planing to trade... if it's Bitcoin future with 10-20x leverage you will only need like 0.05-0.1 get some experience.

If you want to trade something like the traditional Forex market 0.02-0.05 btc would be enough to start getting experience over time.

Hugroll

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trading is fairly complicated, i tried trading a couple months ago and am still trying to make money off it to this day.
i would start off with something small, maybe like 10-20 bucks and learn when you should buy/sell before you put more capital in.

enhu

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Quote from: bitmarket.net on November 04, 2015, 12:05:41 PM

Quote from: enhu on November 04, 2015, 08:21:15 AM

exactly. keep in mind that every time you ttrade someone else is betting on the other side against you. thats sort ofd how it works.
but i still do recommend to start with about 2btc with your proven trading system.

Bitcoin trading doesn't have to be a zero-sum game any more.
The person on the other side of your trade might be hedging his long position, it could be somebody using bitcoin to send funds to his familiy abroad or it could be a retailer selling bitcoins he's accepted as a payment.

The more uses there are for bitcoin, the more mature and stable market we are going to have.

Good to know that. Same thing with Forex Trading?

I don't see any software to use with bitcoin actually unlike having the MT4 when it comes to Forex market. All I have seen is the BitcoinWisdom which is just fro browsers.

bitmarket.net

sr. member

Activity: 323

Merit: 250

Quote from: enhu on November 04, 2015, 08:21:15 AM

exactly. keep in mind that every time you ttrade someone else is betting on the other side against you. thats sort ofd how it works.
but i still do recommend to start with about 2btc with your proven trading system.

Bitcoin trading doesn't have to be a zero-sum game any more.
The person on the other side of your trade might be hedging his long position, it could be somebody using bitcoin to send funds to his familiy abroad or it could be a retailer selling bitcoins he's accepted as a payment.

The more uses there are for bitcoin, the more mature and stable market we are going to have.

NextTroll

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Quote from: maokoto on October 11, 2015, 10:10:28 PM

For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.

Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?

At least 1 bitcoin

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