Market depth for example....
Topic: What is the minimum amount to start as a trader? - page 20. (Read 21189 times)
it's good for learn something about trading... but some dynamic are only related to "big" trade and not small quantities....
Market depth for example....
Market depth for example....
Start will smaller amounts that you can afford to lose, justw to get the feeling how is everything going and to feel the market. With time, whenw you maybe enlarge your starting capital with some earning try bigger amounts. Experience is important, but the luck can't damage too.
What is the minimum amount to start as a trader?
if you want earn big profit,you should start with big amount of bitcoin,try to start with 0.05BTC,and start trdaing with potential and popular altcoinlike etherum,dash,monero and many more.
Outside from having a bankroll to start trading.. Op you should map out your risk assesment.
Just incase if your route of TA (technical analysis) fails you or whatever. And how to eat up that loss and carry on or make it in another way to continue trading - or else you`ll be out really quick.
Just incase if your route of TA (technical analysis) fails you or whatever. And how to eat up that loss and carry on or make it in another way to continue trading - or else you`ll be out really quick.
I think it differ from each platform you use, I am experimenting with https://1broker.com/ and it works out fine. You can see a layout of their fees here : https://1broker.com/?c=about_fees and as you can see the Minimum margin to open a position 0.01 BTC and the Minimum deposit amount is no minimum and the Minimum withdrawal amount 0.01 BTC
So with them 0.01 BTC is supposedly the minimum to start with.
So with them 0.01 BTC is supposedly the minimum to start with.
I suggest you to start small, not more than one Bitcoin, and do some trades to gain some expirience. After you see how it works you can hop in more seriously. Most important is to you do all possible researches before trades and never risk more than you can afford. Trading Bitcoins and other Altcoins is more or less gamble if you are not some big shot and have insider info before news are released.
What is the minimum amount to start as a trader?
If you are talking about bitcoin trading or altcoin trading i think 1k+ USD will be good to start if you know the risk and market moves.But if you are noob i suggest you just to gain some knowledge about trading doing some test trade with small budget.
If you are trading altcoins then you can start with a small amount and if you are lucky you can really make some BTC, be aware that there is a lot of manipulation with the altcoins.
Do some research in this forum on the coins that peak your interest and of course only risk what you can afford or are not to upset about losing.
Do some research in this forum on the coins that peak your interest and of course only risk what you can afford or are not to upset about losing.
If you trade on an exchange like Bitfinex, you can use leverage to trade with more than you own. If you just want something to do in your spare time you can get started with ~$100 and make a few bucks easily on a good trade. I'd personally start around there and use the profits you make to be able to trade more.
Depending on the exchange, the minimum transaction limit is usually the equivalent of $1-$5 and that's how little you need to get started.
If you want to learn how to trade it's best to start small and increase your size as you feel more confident.
Just be aware that it is much more difficult to trade with the larger sums as emotions may start to get in the way, once you risk losing the amounts that actually matter to you.
If you are not feeling to confident, or your trading is not going to well, decrease your size again, until you start feeling the market again.
Never try to make back your loses with ever larger trades - that's the best way to ruin yourself.
If you want to learn how to trade it's best to start small and increase your size as you feel more confident.
Just be aware that it is much more difficult to trade with the larger sums as emotions may start to get in the way, once you risk losing the amounts that actually matter to you.
If you are not feeling to confident, or your trading is not going to well, decrease your size again, until you start feeling the market again.
Never try to make back your loses with ever larger trades - that's the best way to ruin yourself.
The thing with trading is, if your going for dust profit then you could just start with any amount but if you want to see at least some good amount of profit, then start when you've got 1 BTCitcoin at your disposal but also have this in mind to not jump into the feeling of pro trader and start with smaller amounts than going with larger one's at start.
I would think it is not worth the exchanges time to deal with anything less than $25.
The terms & conditions should tell you as each site are different.
The terms & conditions should tell you as each site are different.
I made 22BTC from 0.7BTC (I was late to the BTC party) trading shitcoins, every one of them has a similar cycle unless it fizzles out before it's first jump.
You do need to watch the threads closely though as a single holder will crash the tiny market, so you might not get much sleep.
Insiders will usually get out during the initial rise, sometimes they will keep the scam alive for a few pumps, just don't get caught up in the technobabble they spew or cultish behaviour of the "communities"
Once you decide to trade on shitcoin (random and strange altcoin) it's equal to you do gamble. You do need to watch the threads closely though as a single holder will crash the tiny market, so you might not get much sleep.
Insiders will usually get out during the initial rise, sometimes they will keep the scam alive for a few pumps, just don't get caught up in the technobabble they spew or cultish behaviour of the "communities"
Shitcoin could turn 10x price up and could turn 10x down, it couldn't analyze at all, just put your money for a couple weeks and see that Shitcoin turn on what.
Trade on things like this not needed big amount to start, $100 more than enough.
I think its asked from the wrong direction. An experienced Trader can crawl a market and pick some oportunities, because he can read between the lines, he is more or less up to date with the news and to a certain extent, knows who plays witch role in the game. Best would be FIRST to understand some Cryptos and then invest in those. Engaging by helping some altcoin-maintainers with their work is a way to have a rapid learning curve and a opportunity to earn some money too. For example there are tons of "Bountys" out there to gain some money and to get some feeling about, how to deal with the freaks around you 
. You should at least have seen one or two altcoin failing (you will not loose to much time with that task, lol), and one or two rising and you should try to understand, why they did so. Knowing, you will now, after reading this, give a shit of it and jump into trading (because we all did). Try to remember my words after the first half Bitcoin, that has been converted into scamfood
good luck
have fun Matthias
.
. You should at least have seen one or two altcoin failing (you will not loose to much time with that task, lol), and one or two rising and you should try to understand, why they did so. Knowing, you will now, after reading this, give a shit of it and jump into trading (because we all did). Try to remember my words after the first half Bitcoin, that has been converted into scamfood good luck
have fun Matthias
.
What is the minimum amount to start as a trader?
depending how much you have bitcoin,if you have 1 bitcoin or more,just trade it,do you mean trader bitcoin or altcoin?if your mean bitcoin trader,you need as much as you have,but if altcoin,you just need 0.5 or less. 
What is the minimum amount to start as a trader?
i think you can start with 500.000 satosi it's very small capital but you can grow it.
Im start trading at bittrex with 2btc (last year), you can start with 2btc if you have it..
unexperienced trader should begin with 0.01, for increase their confidence, then you can do 0.1, and 1 do a 10x increment each time you made a good profit with the previous amount
i use this strategy for now, because i'm not a pro
i use this strategy for now, because i'm not a pro
With very low amounts people tend to take way too much risk to get a decent proft from their investment.
OP; I think the best is just to start with 0.2BTC if you can afford that. Use 0.1 to begin with and the other 0.1 for when you feel a bit more confident.
not in my case, i don't look at the amount, i trade in the same way regardless of the amount
What is the minimum amount to start as a trader?
depends how much you want to earn. the bigger starting amount, the bigger profit you will have, but be careful, if you are new in trading, dont risk too much, first learn trading with low money and when you will learn some skills, you can raise starting balance.
Good luck
unexperienced trader should begin with 0.01, for increase their confidence, then you can do 0.1, and 1 do a 10x increment each time you made a good profit with the previous amount
i use this strategy for now, because i'm not a pro
i use this strategy for now, because i'm not a pro
With very low amounts people tend to take way too much risk to get a decent proft from their investment.
OP; I think the best is just to start with 0.2BTC if you can afford that. Use 0.1 to begin with and the other 0.1 for when you feel a bit more confident.
unexperienced trader should begin with 0.01, for increase their confidence, then you can do 0.1, and 1 do a 10x increment each time you made a good profit with the previous amount
i use this strategy for now, because i'm not a pro
i use this strategy for now, because i'm not a pro
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