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Topic: Trading - page 6. (Read 1543 times)

full member
Activity: 952
Merit: 104
December 04, 2017, 07:32:21 AM
#43
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 agree with you starting investment in day trading as low as 0.1 bitcoins are enough as a beginners in trading, being a beginner didnot need to earn big interest as traders my reason trading they are have risk is hurt to as newbie trades lost a lot of money.
full member
Activity: 742
Merit: 144
December 04, 2017, 07:29:00 AM
#42
The amount isn't important , the important thing to have good stragedy . Big amount but bad stragedy will lead you to a big loss.

Right mindset because in trading you really have to be knowledgeable for you not to loose big money. Trading is not about earning instantly its about patience to hold more specially when the target price is about to hit and know when to cut losses. You can start trading with a small amount because you must gain experienced first, and money will surely follow.
sr. member
Activity: 2618
Merit: 439
December 04, 2017, 07:15:47 AM
#41
What is a decent amount of Bitcoin you should have to make day trading  worth while?

To have a good trading experience something like .035-.1BTC would be appropriate in my experience. I started with .035BTC myself and try to learn the ropes in the beginning. Then as I mature and was able to grow my bitcoin. I started to pump a little funds to my starting capital. So far I would fairly say that I'm still on the positive side.

You have to remember though that there is risk involved in trading, big risk. That's why you should only invest want you can afford specially in the beginning. And as you journey and gain experience, I'm sure that you will be feeling comfortable and make trading very worthy at the end.
hero member
Activity: 910
Merit: 512
December 04, 2017, 07:08:53 AM
#40
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.
Large amount? To make it worthwhile? Sure, 5 - 10BTC will give you more than you can imagine daily, cause that is not some little amount of cash and one thing about trading is that, the more you have to trade with, the more your gain and the more your losses as well. However, I do not agree with the fact that you need to have up to that to make it worthwhile. I started trading with 0.1BTC and bro; it was worthwhile for a start. It all balls down to knowing what you are doing.
full member
Activity: 616
Merit: 100
https://exip.live/
December 01, 2017, 05:26:07 AM
#39
Depend how much target of your profit in amonth, lets say you target about $2,000- $3,000 amonth so you need capital about $8000-$10,000. But actually more important thing in trading not amount of capital but strategies, risk management and trading plan.
member
Activity: 182
Merit: 16
bitcoin is love
December 01, 2017, 05:22:03 AM
#38
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!
sr. member
Activity: 882
Merit: 282
December 01, 2017, 04:44:08 AM
#37
To me you should have around one bitcoin to make bitcoin trading worthwhile. Just imagine how just few million satoshi can make you rich in no time. You have to never trade with more than  10% of your trading capital in just a single trade and you are just good to go. Trading is very risky and you should study very well before putting your hard earned money as this is more important to your success than the amount you are investing. I have know many traders that has below 1bitcoin but they making above one bitcoin in a month.
legendary
Activity: 3276
Merit: 1128
December 01, 2017, 04:29:12 AM
#36
The amount isn't important , the important thing to have good stragedy . Big amount but bad stragedy will lead you to a big loss.
In the whole world trading is considered the most favorite  because it is the most respectable and easiest way of earning money.  More people in the world don’t want to do regular job because in regular job the work is hard and the salaries are low.
Well, in trading, the income is not certain but you can sure be making some huge amount of money depending on the amount you are trading with anyway. Just like in the normal world, the more the investment, the more the risk and the more the profit you make.

It is just one thing that is certain that if you are good in trading, you can be making more than what you would making as a salary earner.
member
Activity: 154
Merit: 12
November 29, 2017, 09:03:24 AM
#35
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.

Its good point to have huge amount of fund if we want to have decent daily income in bitcoin.
5 or 10 like you said i think good amount but not all have that much amount. 1 BTC is also good i think
full member
Activity: 392
Merit: 100
November 29, 2017, 08:57:58 AM
#34
The amount isn't important , the important thing to have good stragedy . Big amount but bad stragedy will lead you to a big loss.
In the whole world trading is considered the most favorite  because it is the most respectable and easiest way of earning money.  More people in the world don’t want to do regular job because in regular job the work is hard and the salaries are low.
hero member
Activity: 644
Merit: 500
November 20, 2017, 10:15:36 AM
#33
any amount I guess would be fine as long as you are willing to take the risk and you can wait for some time to learned more about this industry, trading would be more profitable for those who's willing to invest their time its a combinations of money management and emotions control so the more you understand it the more chances that you can grow your portfolio,.
full member
Activity: 466
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
November 20, 2017, 09:58:59 AM
#32
What is a decent amount of Bitcoin you should have to make day trading  worth while?
I think to do day trading feels pretty valuable to start with 0.1 and do it right. But it would be great if you use more than 1 BTC to trade, there you will feel many challenges from the advantages and disadvantages. For me it is fun though sometimes painful Grin Grin
full member
Activity: 140
Merit: 100
November 20, 2017, 09:36:35 AM
#31
If you want to make some significant margin on your trade, You can not trade anything lower than ten bitcoin! If you can get up to 20 or even more you could constantly make more than  $500 daily

Though not everyone has 10 bitcoins to trade with. Right now that is $80,000 which is likely unavailable to almost everyone right now. I guess it is indeed good if you can invest that much, but generally you can invest even as little as 1mBTC.
newbie
Activity: 3
Merit: 0
November 20, 2017, 08:11:25 AM
#30
What is a decent amount of Bitcoin you should have to make day trading  worth while?
I think you can start at 1 btc and wait if it takes it with you but if you want about high earnings or profit income in day trading you must have at least 3-6 btc a days or more of that if you want more. Because the more you have the more earnings you got.

Thats what I was thinking. Thanks.
sr. member
Activity: 938
Merit: 251
November 20, 2017, 06:05:31 AM
#29
If you want to make some significant margin on your trade, You can not trade anything lower than ten bitcoin! If you can get up to 20 or even more you could constantly make more than  $500 daily
full member
Activity: 154
Merit: 111
November 20, 2017, 05:55:53 AM
#28
I think it depends on the amount you have and how much you are willing to take a risks. But don't just make a trade if dont do any study on it. Any amount is worth it as long as you can gain a profit from it.
member
Activity: 224
Merit: 19
November 20, 2017, 03:50:27 AM
#27
I started trading with .10, bought  botcoins with a local seller then registered with bitfinex. Right now i  have winning trades and hopefully this will continue. I think it is worth it since trading in crypto is very rewarding.

member
Activity: 294
Merit: 11
November 20, 2017, 03:35:43 AM
#26
What is a decent amount of Bitcoin you should have to make day trading  worth while?
Maybe you should say what is your target for "decent amount". For some people getting 1 or 2 k extra a month from trading is enough for others they need much more. So it all depends on what target you want to achieve.

For me it depends on the money you have. Ranging from 1 to 2 BTC will really gives you a "decent amount" and really depends your target that you want to achieve. But how big is big amount it is really depends on the money that you want to take a risk and money that you want to lose. It does not really matter, what matter is that you trade it well and knows the forecast of Bitcoin and its trending, with that you can never go wrong.
member
Activity: 95
Merit: 10
November 20, 2017, 03:06:55 AM
#25
What is a decent amount of Bitcoin you should have to make day trading  worth while?

For me any amount as long as you are a professional trader then you can surely earn money daily. No matter how much your money is when you don’t know how to execute well then you will loose money, daily.
Trading is the most favorite and respectable profession throughout the whole world and all big traders are very rich and has a quality of patience and honesty. I am personally like trading very much and also doing trading of bitcoin and I am very happy in trading.
newbie
Activity: 3
Merit: 0
November 18, 2017, 06:16:10 AM
#24
What is a decent amount of Bitcoin you should have to make day trading  worth while?
I think you can start at 1 btc and wait if it takes it with you but if you want about high earnings or profit income in day trading you must have at least 3-6 btc a days or more of that if you want more. Because the more you have the more earnings you got.
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