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Topic: Trading is a game of capital - page 9. (Read 1346 times)

full member
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★Bitvest.io★ Play Plinko or Invest!
March 15, 2021, 01:11:39 AM
#35
If people want to start crypto trading, they can start with a small amount because crypto trading is different from stock trading. Using $50 will be enough to analyze many coins at the market and try to make a profit. But trading is not easy because we need to have skills in trading to find the right coin as we will confuse searching for the coin. I suggest you not follow any sign without you analyze by yourself because we don't know if that signal really gives us the right signal or just wants to benefit us. You can increase your capital in trading, especially if you have high trading skills, so you can have a chance to make a bigger profit.
That really depends, if you don't have any prior experience and you are dumb and stubborn to jump right into the real world trading then a lot of capital is a good thing for you because losses is going to be piling up on your first times in trade and you will have to have enough money to do it. I do agree in the long run that having a big capital is good for trading because you will have more money to invest in something that you believe is going to go up and you will be able to get bigger returns in the process.
hero member
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 14, 2021, 11:55:13 PM
#34
If people want to start crypto trading, they can start with a small amount because crypto trading is different from stock trading. Using $50 will be enough to analyze many coins at the market and try to make a profit. But trading is not easy because we need to have skills in trading to find the right coin as we will confuse searching for the coin. I suggest you not follow any sign without you analyze by yourself because we don't know if that signal really gives us the right signal or just wants to benefit us. You can increase your capital in trading, especially if you have high trading skills, so you can have a chance to make a bigger profit.
legendary
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Leading Crypto Sports Betting & Casino Platform
March 14, 2021, 10:59:35 PM
#33
absolutely it is, but only for those who knows what they are doing very well. to me its the knowledge before the capital. when you have the quality knowledge you can start with little capital and build it up. although having a huge capital will take you ahead faster.

Precisely! If you have the knowledge and skills within your chosen venue of investment,
you can do even you only have a small amount of capital.

though there's always advantages when you have  a good amount of money, you can easily divert or deal with cut-loss when you feel quitting and trying to ship over to another investment.

Unlike with limited capital which you always tied up. 
sr. member
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Undeads.com - P2E Runner Game
March 14, 2021, 08:17:51 PM
#32
I agree and want to add, trading is not a routine activity where you can be sure that you will earn every day it is more likely that if you can make a profit for one trade, make the most of it because the same opportunity may not come at your next trade.
legendary
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Fully Regulated Crypto Casino
March 14, 2021, 10:40:46 PM
#32
The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you
Actually if you are gonna trade on dex then this budget isnt enough when you consider the gas fee from swap and confirmation of the tokens. Capital is important when it comes to trading and obviously many are trying out their luck with this even the odds is not good. But of course in trading every chance is a risk. Losing or gaining it might really be a tough call.
legendary
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March 14, 2021, 06:47:37 PM
#31
absolutely it is, but only for those who knows what they are doing very well. to me its the knowledge before the capital. when you have the quality knowledge you can start with little capital and build it up. although having a huge capital will take you ahead faster.
I tend to agree with this, it's a very simple idea.  Build up knowledge first before thinking of huge capital, even how small it is if you know how to manage you can build it up and make a huge capital when you have already your profit, but of course with the reputable exchange.  Skills are most important in trading, furthermore, if you know those analyses that commonly and effective way used in trading.

At the right time when your experience teaches you very well, that is the right time to increase your capital.  Skills + Big capital  =  Big profit.
legendary
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Duelbits.com
March 14, 2021, 05:49:17 PM
#30
The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital;

LOL, you entered the market with a different situation to us who have been stuck in the market since 2015, so it may apply to you, because the fact is not about big capital, but how well you manage your finances when trading. because in my opinion it's useless if you have big capital but don't have the skills to trade. Aren't there many big investors and took money in lifeboats, just to trade, then actually the fall cannot be saved and it only takes one reason (YOU DON'T KNOW HOW TO MANAGE MONEY)
I agree but there is no point to keep printing with small balances for 10 years, experienced traders are traders with 10 years of experience.  The capital is important to go full-time trading, only a few lucky traders can stay on the top 1% after 5 years. Staying on the top 5% is the result of smart brain, not everyone has entitled in such a trading life. Having a 10 years of experience means this trader has seen all faces of market cycles, he is able to protect capital in all kind of market situation compared to the rest of losers. Just my 2 cents.
hero member
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Top Crypto Casino
March 14, 2021, 05:42:55 PM
#29
~~Snipped
This has also been my position on an issue like this. It's not the size of a dog that matters in a fight but the fight in the dog. Anyone who isn't faithful (profitable) in the little they're given can't be profitable in the much that they're given. It's that simple. It's better to have good set skills for trading before venturing into trading than jumping into it because one thinks one has enough capital that can't be squandered. No matter how much one has, if the set skills for it isn't there one will still not be profitable. Doing that then makes it a guess game or gambling and not trading.

True that. Having the right trading skills prior to setting up your capital and getting a trading account ready is the right way to go. Trading requires a lot of things to be in place in order to have a successful career. I mean, you can't have capital but no skills or trading skills without good capital. Both of these work hand in hand because once you're properly skilled, you'd be able to take good care of the capital in a way that ensure that you always stay on top of your game regardless of the times you get losses.
hero member
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Dimon69
March 14, 2021, 05:08:07 PM
#28
absolutely it is, but only for those who knows what they are doing very well. to me its the knowledge before the capital. when you have the quality knowledge you can start with little capital and build it up. although having a huge capital will take you ahead faster.
Before as long as you are hard working in finding bounties and airdrop or even just doing sidelines in crypto job it will not matter if you have big capital or not. I think it is more those who started earlier and Continuous to use their earnings into trading can benefit alot in the market. Well its still good to continue and to start now since there is still chances for more adoption all we just need to know what we're doing to not lose in this business.
full member
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March 14, 2021, 04:53:42 PM
#27
absolutely it is, but only for those who knows what they are doing very well. to me its the knowledge before the capital. when you have the quality knowledge you can start with little capital and build it up. although having a huge capital will take you ahead faster.
legendary
Activity: 2338
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zknodes.org
March 14, 2021, 12:12:42 PM
#26
Minimum trade does not have to be $50 there are some traders who use capital under $50 or more depending on the trader's ability. If the capital is getting bigger, the profit will be more and the risk will also be higher.
carrying out capital management is also necessary, to divide the amount that must be traded and which must be held as a reserve.
Regardless of the capital, having a good strategy will help generate profits. If you can consistently produce, the small capital will increase. Get rid of greed and fear when trading. Sell ​​when you're profitable.
full member
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March 14, 2021, 03:47:43 AM
#25
And once again, if you are to scared to loose money; then don't trade, it is not for you

I haven't seen but I have heard stories of traders trading as low as $10 and making thousands of such trade, you having luck on your side and the right knowledge can make you turn a $10 investment into $50 within weeks or months of trading, and it isn't impossible to achieved. Lets take a look at $doge currency, over the last 3 months it has done be almost 2000% return if investment that's turning a $10 capital into $200.

While capital is very vital in profiting from the industry it isn't the main deal because even with all the capital in the world and without the experience, skills, right information and mindset, you're most likely not going to have a profitable/good time trading.

In all industry, your capital has a role to play but there are far more important thing than capital and with you having those, you're on the path the success.

There are very few people who are too much lucky to convert 10$ in to thousand of dollars but on the other hand there are many stories where people have lost thousands of dollars in trading.
Generally, a very low capital will take a lot of time before you have a good amount of money in hand to get advantage of trading.
legendary
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eXch.cx - Automatic crypto Swap Exchange.
March 14, 2021, 12:13:20 AM
#24
And once again, if you are to scared to loose money; then don't trade, it is not for you

I haven't seen but I have heard stories of traders trading as low as $10 and making thousands of such trade, you having luck on your side and the right knowledge can make you turn a $10 investment into $50 within weeks or months of trading, and it isn't impossible to achieved. Lets take a look at $doge currency, over the last 3 months it has done be almost 2000% return if investment that's turning a $10 capital into $200.

While capital is very vital in profiting from the industry it isn't the main deal because even with all the capital in the world and without the experience, skills, right information and mindset, you're most likely not going to have a profitable/good time trading.

In all industry, your capital has a role to play but there are far more important thing than capital and with you having those, you're on the path the success.
legendary
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Once a man, twice a child!
March 13, 2021, 09:35:14 PM
#23
I think trading capital ultimately depends on the trader and how much they are willing to lose per trade. There are traders who can take a $10 or $20 trading accounts to the highs of $5000 - $10000. Anybody can do it if they know what they're doing. It's very much possible these days since you can trade crypto futures and even use leverages. Your patry $20 capital would be $200 when on a 10x leverage account.

Anyway, I'm not here to talk about leverage trading. The point I'm trying to drive home is that any trading capital should be fine as far as the trader is comfortable with it and knows what they're doing. But one thing is clear those, the more the capital, the more you're likely to profit per trade if it goes well - for instance, gaining 500% on an $10 account doesn't seem to be worth it considering you only get $40 as profit. Compare that with a $500 - $5000 trading account.
This has also been my position on an issue like this. It's not the size of a dog that matters in a fight but the fight in the dog. Anyone who isn't faithful (profitable) in the little they're given can't be profitable in the much that they're given. It's that simple. It's better to have good set skills for trading before venturing into trading than jumping into it because one thinks one has enough capital that can't be squandered. No matter how much one has, if the set skills for it isn't there one will still not be profitable. Doing that then makes it a guess game or gambling and not trading.
sr. member
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March 13, 2021, 09:21:02 PM
#22
The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you

50$ is nothing and everyone can afford to put this much money in trading. If you do not have 50$ then of course trading is not for you. Remember that you have to pay for the fees in trading too which is almost 0.01% of the trading amount in binance.
legendary
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March 13, 2021, 07:35:43 PM
#21
Also, another of having too small trading capital is not reaching the minimum on trades of some exchanges. As far as I know, Binance is an example of having a minimum of $ for trades. I think it is around $5 - $10 or 0.0001 BTC.

But if you are just a small trader and want to start at small capital first, then I don't find it wrong at all. If you are a good trader you can increase your small capital.
full member
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March 13, 2021, 06:50:57 PM
#20
The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you
I also don’t feel to succeed if I’m just going to trade with that kind of capital, it might not cover all the fees I have to pay so that capital might not last longer.

Trading requires the right knowledge and it also requires capital. I’ve started my trading journey with a $200 capital, and it works for me perfectly so I suggest that at least $200 should be your starting capital to fully enjoy trading.
hero member
Activity: 1414
Merit: 542
March 13, 2021, 06:27:07 PM
#19
And here I thought the minimum should be $100 just to be safe. (maybe it's just for me)
I guess $50 is also a good number but that could diminish in one sweep.  Grin With $100 you got two sweeps. A chance to get back with whatever wrong you did at the first try.
As long as it doesn't wreck your budget, any amount is okay. Better to put an amount that you are afraid to lose. That way you will try to be careful with every step.

Exactly, when I started my crypto trading journey, I minimum I used is $100, it last me a good months before I go 0, but that is ok, I can afford to lose the money anyways. The important thing is that I've learned a lot during my first $100 journey and gain the needed experience to go on my second or third attempt. Always, the rule of thumb is, "invest or trade what you can afford to lose".
hero member
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DGbet.fun - Crypto Sportsbook
March 13, 2021, 05:31:07 PM
#18
The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.

And once again, if you are to scared to loose money; then don't trade, it is not for you

You got really some points on here because having small capital and earning only small profit will really be just eaten simply by fees alone which you would really be seeing this to be non worthy.
You would soon realize it when you are experiencing those things when you do have small capital but if you do really do such thing for the sake of learning or trial then it isnt really a bad start up.
Not all would really be having the same capability when it comes to finances this is why you can really see these kind of funding on someones trading capital.Some doesnt really have much or
some are really just too afraid to take up some risk or doesnt really like to lose money.
legendary
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Duelbits.com
March 13, 2021, 05:28:39 PM
#17
 Think like this: The 10% profit for $1mln capital is not the same amount for living as a full-time trader compared to a $10k balance. Maybe both traders have the edge over the long run on markets but it is pointless to keep digging if the profit doesn't cover the bills at the end of the month. Just my 2 cents.

More capital, a larger it possible to gain more. But not all it looks like that, it matter also on the coin we use for a trade just like using those who have low liquidity, which is still impossible to work. That is also important to consider the two thing capital and coin, and we then to expect profitable result or at least we are not to suffer big losses. Because some new traders come and buy cheap coins but no matter how long they hold, it is still hopeless to make money from them.
The larger capital means more gains but it also means more losses if the trader has no experience in the related field. The big losses will melt the large trading capital for the inexperienced trader, so I suggest trading the demo accounts before using the real funds in the real volatile crypto markets. Bitmex has a demo account for those who have experience with margin trading btw.
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