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Topic: Starting amount - page 2. (Read 1911 times)

jr. member
Activity: 268
Merit: 1
September 04, 2018, 08:05:01 AM
#48
How much money do I need to invest to start trading?
The question of how much to invest depends on the financial situation. Definitely invest in the beginning, just how much you are willing to lose. It depends whether you want to trade or invest in the long run. Also important, i would consider what altcoins you will invest in. Definitely investing in giants such as bitcoin, etherum and the like is a good step forward. To start with, start with a small amount of $ 100 to $ 200, and increase over time. The crypto market is incredibly volatile, jumping in tens of percent in both directions, so you'll see what time you do. If you are profitable, you can reinvest this profit and thus increase your portfolio.
jr. member
Activity: 275
Merit: 7
September 04, 2018, 04:01:04 AM
#47
first rule: Do not invest more than you can lose!
newbie
Activity: 92
Merit: 0
September 04, 2018, 02:42:37 AM
#46
I suggest you start with a learning bounty task, because you only need to invest in a computer to start working, and you can learn a lot about trading from the bounty task!
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
September 04, 2018, 01:11:10 AM
#45
Amount is not important.
It is important, as a beginner you must consider on how much you are willing to invest and afford to lose.
jr. member
Activity: 31
Merit: 2
September 01, 2018, 04:12:04 AM
#44
It depends on how much money you are willing to risk. I started my trading from $50 just to familiarize my self how it works and experience what are the good and bad side in trading. I would advise you to watch on youtube first and search on google on how to trade on that specific exchange market because each exchange have different tools and navigation process.
newbie
Activity: 183
Merit: 0
September 01, 2018, 04:08:58 AM
#43
Amount is not important. This market is very risky and willing to swallow you. So the most important is prepare knowledge ( analysis, psychology) to start trade.
jr. member
Activity: 106
Merit: 1
September 01, 2018, 03:53:26 AM
#42
To start trading on a small amount. After gaining experience and knowledge of the market you will decide how much to trade on a particular asset. The main understanding of the market.
newbie
Activity: 78
Merit: 0
August 31, 2018, 06:15:24 AM
#41
It depends on how much money you have. However, I think that the amount you invest in crypto should not be too large that it imposes significant burden on your daily life.
newbie
Activity: 56
Merit: 0
August 31, 2018, 03:43:23 AM
#40
How much money do I need to invest to start trading?

In order that would be enough to trade and $ 100. But if you want to not only trade, but also earn, then you need to acquire a much larger amount for example from 4-8k $. But I add to this, without knowledge of trade, you are likely to lose your savings ..
newbie
Activity: 85
Merit: 0
August 31, 2018, 03:25:40 AM
#39
Having known the risk involved, the choice is yours as your investment will ddtermine your returns(profit/loss).
A general advice is that:
1) Do not put all your eggs in one basket ( Don't invest all your money)
2) Diversify your portfolio.
3) Do not go all in to a particular coin no matter the prospect.
4)Have a trading strategy and be disciplined with it.
member
Activity: 392
Merit: 10
August 30, 2018, 02:40:04 PM
#38
What amount of money you need to start cryptocurrency trading depends on how much you can afford, starting from $10. The truth is that there is higher probability that you can lose your investment if you have not mastered cryptocurrency well enough. Even professional traders lose money.
newbie
Activity: 60
Merit: 0
August 30, 2018, 08:39:29 AM
#37
I'd spend about 100 to 500$ to learn trading. Depends how much are you willing to loose. Learn with small amounts and then you can add more and more but know your borders.
newbie
Activity: 34
Merit: 0
August 30, 2018, 08:31:22 AM
#36
It will be enough even $ 150. If you are a beginner you need to gain experience, knowledge, understand how the market works. What's the point of starting with a lot of capital, if you can lose it easily?)
member
Activity: 576
Merit: 39
August 30, 2018, 04:02:03 AM
#35
If you are just starting in the world of trading crypto, I suggest you to start only with a very small amount of investment just like around $20. This is for you to familiarize yourself and minimize the risks that you can do if you just started in trading. Personally, I am comfortable with trading some dogecoins I doubled my $20 in a month, yes I know that it takes to many days to make some profit if you only invest a small amount, but if you get into it and became familiarized you can scale up until you become better in trading. Good luck to you and all of us happy trading. Always remember to invest what you can afford to lose Smiley
newbie
Activity: 70
Merit: 0
August 30, 2018, 03:32:04 AM
#34
I think it takes at least $200, because the amount of investment can make you feel the feeling of gain or loss. If it is lower than this number, you can't even see where the income is!
Totally disagree. what if you have only 50 dollar ? you start with the money you can afford to lose.
with binance you can see your trade history. At that way you can Always see if you have a winner or a loser
newbie
Activity: 158
Merit: 0
August 30, 2018, 03:26:01 AM
#33
I think it takes at least $200, because the amount of investment can make you feel the feeling of gain or loss. If it is lower than this number, you can't even see where the income is!
newbie
Activity: 27
Merit: 0
August 30, 2018, 02:44:23 AM
#32
If you don't have much money, $100 would be a great amount to start investing a coin. I also start at that amount and everyday I gain from my trading but you must consider what coin are you investing and will it make you high profit. I invest an altcoin that have low price and have a nice project because it can gain more percentage when it goes up.
jr. member
Activity: 168
Merit: 2
August 30, 2018, 01:36:57 AM
#31
I'd start with $100-200. This is the amount that is not a big deal to lose but you can assess your skills in trading and get to know whether you like it or not.
jr. member
Activity: 162
Merit: 1
August 30, 2018, 01:10:52 AM
#30
How much money do I need to invest to start trading?
I think there is no minimal invest, you can start invest to trading only for $20 or less, it all depends on where exchange you want to trade.

Because each exchanger has a different minimum deposit requirement.

May i suggess ? If you want for long investment you can go to bitcoin. But if you want for short term investment then go to altcoin.

Just make sure you already know what is the risk of trading bitcoin or altcoin. And keep your safetybelt and dont be greedy buddy.
jr. member
Activity: 83
Merit: 3
August 29, 2018, 10:49:49 PM
#29
do not invest what you cant afford to loose. try to start with $25 - $100 before you invest try to read more about the coin you will buy and check all the top coins in coinmarketcap.com its a good starting point where you can check all the market.
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