You should have large amount of bitcoin to make day trading worthwhile because the movement is just a few pips and you have to cover charges and everything. Maybe a 5 to 10 BTC would be enough to make a decent daily earnings from trading.
I don't think the high amount of coins is really necessary to have to trade. I know that people wish to earn as much as it is possible, but I would be satisfied with making of 20-30$ daily, it it like my daily costs, I suppose many people will agree, especially people from those countries where the life is actually not so expansive. Bitcoin change it's price so often that such low amount of profit trading can become really sucessful and possible to everyone. 
Topic: Trading - page 5. (Read 1578 times)
If you are still a beginner or still learning how to trade, its ok to start trading with small amount that you can afford to lose. If you are going to trade with some bigger amount, be sure that you already know how to trade to minimize your lose. Trading with volatile cryptocurrency is always risky and losses is hard to avoid.
Day trading gives out smaller profits and hence it requires a larger amount to get a substantial amount of profit in day trading.
It is also quite risky to day trade since the volatility is high in crypto. You can start day trading from 0.5 to 1 BTC but then be careful in your trades and never sell in a loss.
It is also quite risky to day trade since the volatility is high in crypto. You can start day trading from 0.5 to 1 BTC but then be careful in your trades and never sell in a loss.
What is a decent amount of Bitcoin you should have to make day trading worth while?
If you are very good and can do well in trading, even half a bitcoin which right now is within the range of $3800 - $4000 is enough to trade with and earn yourself something pretty good daily. However, you need to really consider the IF a lot, because without trading skills and knowledge, even if you have 10BTC you will still make nothing and rather end up losing what you have. I think the minimum should be .010BTC ,the recommended is 1btc up. It depends if you want a good profit then invest a large money. Be mind that trading involves high risk. Invest the amount of money you are willing to risk.
Right. Even on this thread, I can remember someone doing a challenge of 0.03BTC to 3BTC challenge and this guy was able to add up 0.01BTC within 2 days to what he has. What is a decent amount of Bitcoin you should have to make day trading worth while?
My point is, you can trade with whatever you can trade with as long as you are good, although, there are some tiny amounts that would not be realistic but trust me, if you are good, and all you can afford is 0.01BTC, you can make it worthwhile. The only good thing with trading much more is that, the more the merrier.
What is a decent amount of Bitcoin you should have to make day trading worth while?
If it in btc, I think it should be atleast 0.1 BTC . If you can get 5-10 percent profit through day trading, I think its enough to fulfil your daily needs. It cannot be done only by 1 time trading, because I am sure that you can always make profit. Probably need more than 10 transactions to reach that target. 
What is a decent amount of Bitcoin you should have to make day trading worth while?
You don’t need much to trade because the fees are a percentage of your trading amount. It’s not a flat fee. You can start with maybe as little as 0.1 Bitcoins or possibly even less than that. Of course the saying “you have to have money to make money” is true because if you principle is low, the profits are low too, but you have to start somewhere.
I have 0.03 BTC in my Bittrex wallet which I transferred last week. Do you think that amount already sufficient to start my 1st trade? I'm not into trading yet that's why I'm asking.
I think you have to have minimum of 0.05 btc in your wallet to do trading.You can do trading with localbitcoin to do trading.In that we should have atleast 0.05 bitcoin in wallet.Trading is the purchase of bitcoin based on current rate.
What is a decent amount of Bitcoin you should have to make day trading worth while?
$100 is enough if you can get a daily minimum profit of 20% from your trading.
What is a decent amount of Bitcoin you should have to make day trading worth while?
You don’t need much to trade because the fees are a percentage of your trading amount. It’s not a flat fee. You can start with maybe as little as 0.1 Bitcoins or possibly even less than that. Of course the saying “you have to have money to make money” is true because if you principle is low, the profits are low too, but you have to start somewhere.
I have 0.03 BTC in my Bittrex wallet which I transferred last week. Do you think that amount already sufficient to start my 1st trade? I'm not into trading yet that's why I'm asking.
If you can invest 1 bitcoin much better, you can trade regularly and it will gives you higher income because the income in trading always based on the amount of your capital. I suggest that even you have huge capital you should learn avoiding greediness because this is the one make traders lost its capital resulting to none profit.
It's way too big if you are going to invest 1 BTC in trading in my opinion. I decent .050-.1 BTC. Start small and just re-invest your gains, its like rolling all in your capital. Specially in you are just starting on your trading journey, you might make some mistakes that your 1 BTC would be gone in just a few days. Start small and dream big my friend.
My opinion 1 BTC is huge already because you can turn it in to 10 times probably in a few amonth, but I think the most important thing than amount of capital is strategy, trading plan and risk management, we should be have experienced to manage the risk and to maximize the profit. Use technical and fundamental analysis and other more thing dont be greedy when on profit, always use trading plan so we will make big money by continue. But if you are still newbie much better start by $100 so when you loss not really effect with your psikilogis.
Yes, trading has a big risk if you don't know what your up to, in the end you will lose everyday. Strategy, entry and exit point should be defined before starting. If you don't know TA or least a basic analysis then you have to gain knowledge and study if first. Well we can't tell them not to be greedy, money is involved here, but at least control your emotions and used your better judgement.
I think you should have at least 0.1 BTC to start trading and earn worth amount of Bitcoin everyday from trading. But maybe you can start with a little bit lower amount by trading some low price altcoin.
What is a decent amount of Bitcoin you should have to make day trading worth while?
It depends on your money First advice though that don't spent an amount of money you cannot afford to loose that's the phrase for us commoners that earns money enough for our family. Second don't let emotions take you . You must be strong not to Panic selling thats a mindset you have to take that no matter what the situation dont sell a piece of any altcoin if you do not profit from it atleast give it a chance to grow for a week or months. Who knows it might get bigger. 
What is a decent amount of Bitcoin you should have to make day trading worth while?
Day trading has big risk and you should have enough bitcoin to support your activity. But I believe " enough " is relative and I suggest you to learn money management to control your asset. Even you only have 0,5 btc for day trading, with wise money management your activity will create many opportunity to make profit. So, 0,5 btc for me is enough but never forget stop loss and patience. Thank you for your post.
My opinion 1 BTC is huge already because you can turn it in to 10 times probably in a few amonth, but I think the most important thing than amount of capital is strategy, trading plan and risk management, we should be have experienced to manage the risk and to maximize the profit. Use technical and fundamental analysis and other more thing dont be greedy when on profit, always use trading plan so we will make big money by continue. But if you are still newbie much better start by $100 so when you loss not really effect with your psikilogis.
If you can invest 1 bitcoin much better, you can trade regularly and it will gives you higher income because the income in trading always based on the amount of your capital. I suggest that even you have huge capital you should learn avoiding greediness because this is the one make traders lost its capital resulting to none profit.
What is a decent amount of Bitcoin you should have to make day trading worth while?
Start with low amount, if you'd see profit came from it, think on investing some more money.
Don't invest big money and start trading with zero knowledge because you will surely loose it, instead try to trade with a small amount for you to know how trading works, then invest more money later on and for sure big profit will come.
Trading is a good source of money.but first you have to need invest on trade.many trading site have online.you have try to get it.
What is a decent amount of Bitcoin you should have to make day trading worth while?
Start with low amount, if you'd see profit came from it, think on investing some more money.
What is a decent amount of Bitcoin you should have to make day trading worth while?
I think the amount will not be that important since in trading, your skill will be more important than your money in hand. I guess 1 BTC is too much to be used in trading since when you will be buying other crypto currencies that you will be using to trade, that will be a huge number.
Big money to starts gives you bigger precentages in win and may be loss both , and also bigger precentages come with bigger risk , so it's all your choise!
absolutely need to risk first before you can gain more profit or before you can gain some strategy to avoid lose. .however ithink much better to start a small amount but as of now you cant make your own choice becuse bitcoin valued now adays So expensive.. So You must risk A huge amount. But i suggest to wait until the valued goes down before to buy. Cause its to expensive but its up to you unless if you can Afford its price . Jump to: