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Topic: What is the minimum amount to start as a trader? - page 17. (Read 21170 times)

sr. member
Activity: 308
Merit: 250
The mind is everything. What you think you become.
What is the minimum amount to start as a trader?
i never have standard or minimum amount to start trading,ussually i start with small amount,when i see legit coins,i will start with small amount,and if i make good profit,then i will put larger amount to trade that altcoin.
legendary
Activity: 1218
Merit: 1000
Each exchange has its own process in trading. I came across a website which needs a limit of one bitcoin to be a trader.
Well, one bitcoin is trading capital so that you can benefit greatly every day. I also wanted to like it, but I have not had one bitcoin for trading, so I just use a minimum of 0.1 BTC as my account in trading
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
Each exchange has its own process in trading. I came across a website which needs a limit of one bitcoin to be a trader.
hero member
Activity: 504
Merit: 500
I think you need at least 1BTC to start and 10BTC for more serious trades. I'm holding 10BTC in Exchange just to trade agains national currency. These days price is more stabilised so profit margin become too low. More coins = More profit
I think for trading bitcoin capital 1 btc will be very pretty.
but to trade bitcoin/usd I think you need a capital of more than 1 BTC. if only 1 BTC your profits will not be large enough
legendary
Activity: 2380
Merit: 1026
If you are new and you starting tradings you can lose money very easily so i can recommend only small amounts under 5$ for start. Also if you starting gambling on Primedice my recommendations are try with amount under 20k satoshi.
This menas try to double this amount or at least increase 50% from starting position.
Minimum is not defined, try with amount you won't be sorry to lose. Wink
hero member
Activity: 756
Merit: 500
You dont need any big ammount to start sure the more you move the lower the risk to loose money doing it,but well any ammount around 0,01btc is enought.
I think it's too small for you if you do trade dollar/btc although bitcoin prices rose 10% in a day
you will you earn only $0.4 I thought it was too small capital
if you are going to make trading your source of income small capital won't work but if you will going to use it as a another source of income and you won't rely on it small amount would work for you to understand first how trade works.
hero member
Activity: 518
Merit: 500
You dont need any big ammount to start sure the more you move the lower the risk to loose money doing it,but well any ammount around 0,01btc is enought.
I think it's too small for you if you do trade dollar/btc although bitcoin prices rose 10% in a day
you will you earn only $0.4 I thought it was too small capital
legendary
Activity: 3122
Merit: 1398
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Any amount of course will do but it's better to put some guts on quite decent capital like BTC1 investment. You can't really feel your profit especially when the price only fluctuates in a small margin if you have only small amount. You will just feel the profit for small amount when there such a sudden pump like $50 or more range.
legendary
Activity: 980
Merit: 1000
Don't Hesitate to Tip me for My Helps and Guides.
IMO it depends on the size of your trading and how much you are expecting to make, A decent trader won't risk more than %1 per trade and make profit so I think the average would need to be at least 100 BTC to make profit from trading BTC and USD.
full member
Activity: 169
Merit: 100
as trading is risky, you don't want to invest a huge amount on trading.. a small reasonable amount is enough , i just started trade for 0.01 btc.. at start if you trade for huge amount there can be a chance for loosing it..
legendary
Activity: 2982
Merit: 1485
I think you need at least 1BTC to start and 10BTC for more serious trades. I'm holding 10BTC in Exchange just to trade agains national currency. These days price is more stabilised so profit margin become too low. More coins = More profit
sr. member
Activity: 476
Merit: 250
You dont need any big ammount to start sure the more you move the lower the risk to loose money doing it,but well any ammount around 0,01btc is enought.
legendary
Activity: 2674
Merit: 1026
Hire me for Bounty Management
What is the minimum amount to start as a trader?
If you want to try trading as a novice, you must not put lots of money and should start with as little as possible.For a pro trader however small amount means small profit hence atleast 1 bitcoin would be more appropriate.Remember trading is a risky business so invest only as much that you can afford to lose
legendary
Activity: 1204
Merit: 1000
I can't remember the exact amount that I started trading, but I think that it was near 0.01 when I just bought altcoin and then traded after few days. At least,  I didn't lose anything even though it was a tiny profit besides the exchanges fee.
tyz
legendary
Activity: 3360
Merit: 1533
Sure, you can start with almost every amount, if there is no special requirement from the trading provider or exchange.
But to be profitable you need at least 0.01 BTC. Better 0.1 BTC.

I think there is no minimum amount to start as a trader.
if you are brave enough, low investment will also result a profit. but just keep in mind that big capital always earn bigger profit  Tongue
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
IMO it depends on what you are planning to do.

if you are planning on just learning how to trade and start from scratch then you can start with the minimal trade that is different on each exchanger, you should check their website to find out.

but if you are looking for profiting, i think the minimum should be at least a couple of bitcoin to earn a nice profit.
sr. member
Activity: 323
Merit: 250
the short answer is whatever the given exchange sets as a minimum order - usually the equivalent 0f $0.01.
tyz
legendary
Activity: 3360
Merit: 1533
Do you mean fiat or Bitcoin trading?

With Fiat trading you can start with a minimum of $50. Most broker platforms offer a high leverage. For Bitcoin trading you need at least 0.01 Bitcoin if you start trading on platforms like 1Broker.

If you specify your question then I could help you more. I have got good experience in fiat and Bitcoin day trading.
sr. member
Activity: 476
Merit: 250
I think there is no minimum amount to start as a trader.
if you are brave enough, low investment will also result a profit. but just keep in mind that big capital always earn bigger profit  Tongue
agree with you it depends on the amount of your money You can use as many money as you have to trade. even I once did altcoin trading with a capital of only 0.001 btc I could make it to 0.006 #truestory
hero member
Activity: 770
Merit: 500
if you want to profit in a trading play, you must have a big capital, probably about 1 or 2 bitcoin. with such capital you can earn $ 100 a day. but if you're in doubt, you can start with a capital of 0.001 to training

You could probably earn $100 per day with high peaks and dumps in just 24 hours. With the current "stability" you can't make $100 per day trading Bitcoin. If you trade altcoins, then it's a different story. Not sure which of the two things you are talking about.
well trading altcoins have many risks so you will need to think carefully before making a decision to trade altcoins. Because altcoins progress of development and price may vary really fast due to scam, accusation, new breakthrough. Newbies should trade quite reputable coins only I believe
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