What is the minimum amount to start as a trader? - page 6.

richardsNY

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Quote from: Dudeperfect on November 26, 2016, 10:46:54 AM

Quote from: Xenophoto on November 26, 2016, 09:27:19 AM

Quote from: Dudeperfect on November 25, 2016, 10:28:32 PM

1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

1,000 satoshi? You must be kidding. That's even less than the minimum amount per transaction in trading sites. Remember that trading is an investment too and I don't think 1,000 satoshi is a reasonable amount of capital in investment. You can't even get $1 out of your pocket? 1,000 satoshi is just one claim away from faucet sites. 1,000 satoshi wouldn't get you somewhere even if the price of the altcoin you bought goes 100x (which is very unlikely).

No, I am not. One can start trading with 1000 satoshi but you are forgetting one most important thing and that is platform. Trading not always means buying and selling bitcoins on a particular website (that’s the traditional method). Trading has very large scope and that includes trading on open platforms where there are no third party fees, buying with one payment and selling with many platforms. One must be innovative, prompt and capable of taking risks, that’s what trading is all about in my opinion.

I honestly haven't heard of a platform (aside from altcoins) where you are allowed to trade with amounts as low as 1000 satoshi's. Can you name up a platform where you're allowed to trade with amounts that low? Not that I am going to use it, but just to see what their terms are when it comes to executing orders that small.

Dudeperfect

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Quote from: Xenophoto on November 26, 2016, 09:27:19 AM

Quote from: Dudeperfect on November 25, 2016, 10:28:32 PM

1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

1,000 satoshi? You must be kidding. That's even less than the minimum amount per transaction in trading sites. Remember that trading is an investment too and I don't think 1,000 satoshi is a reasonable amount of capital in investment. You can't even get $1 out of your pocket? 1,000 satoshi is just one claim away from faucet sites. 1,000 satoshi wouldn't get you somewhere even if the price of the altcoin you bought goes 100x (which is very unlikely).

No, I am not. One can start trading with 1000 satoshi but you are forgetting one most important thing and that is platform. Trading not always means buying and selling bitcoins on a particular website (that’s the traditional method). Trading has very large scope and that includes trading on open platforms where there are no third party fees, buying with one payment and selling with many platforms. One must be innovative, prompt and capable of taking risks, that’s what trading is all about in my opinion.

Kotone

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Quote from: Monkey Luffy on February 26, 2016, 04:06:28 PM

What is the minimum amount to start as a trader?

I start trading at the amount of 0.03 because of coins are expensive but if you can manage your coins but spliting them up you can make a good comeback of your bitcoins because no one teach me on how to trade i find a ways on how i can really manage trading by my own strategies.

Xenophoto

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Quote from: Dudeperfect on November 25, 2016, 10:28:32 PM

1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

1,000 satoshi? You must be kidding. That's even less than the minimum amount per transaction in trading sites. Remember that trading is an investment too and I don't think 1,000 satoshi is a reasonable amount of capital in investment. You can't even get $1 out of your pocket? 1,000 satoshi is just one claim away from faucet sites. 1,000 satoshi wouldn't get you somewhere even if the price of the altcoin you bought goes 100x (which is very unlikely).

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Quote from: Monkey Luffy on February 26, 2016, 04:06:28 PM

What is the minimum amount to start as a trader?

In my trading site, the minimum is 10k sats.
Yet, it depends on you how much you want to deposit.
Bigger deposit bigger chance of profit but bigger chance of risk.

Dudeperfect

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Quote from: X-ray on November 26, 2016, 03:41:17 AM

Quote from: Positid on November 26, 2016, 02:36:26 AM

Quote from: Oilacris on November 25, 2016, 10:42:36 PM

Quote from: Dudeperfect on November 25, 2016, 10:28:32 PM

1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

Starting on small amounts would be the ideal move when you do tend to engage trading for the first time because if you decided to put up directly huge amounts,for sure that money will be gone in an gradual way.Knowledge and experience would be the key to be successful on trading and we all know that its not an easy thing because doing trading is not just buying low selling high thing.It requires analysis and experience which you could able to gain when you are trading up for a matter of time.

Every trader must start from small amount to ensure the lessen or loses, you will be gambling if you start with a bigger amount as you do not have the right experience and knowledge that will give you more chance of success in the future.

trading with such a big amount of money at the first time is not wrong either because they have the right and if they've been learning from few books and course there will not going to be a problem. you will bear the different circumstance if you're trading with big amount rather then low amount and you may get different experience

Yes absolutely, everyone has a right to choose any amount to start the trade with but since it is very first time, the chances of losing initial capital are more and thus it is necessary to defend capital at initial stage. One can learn a lesson by losing 10K but it is not necessary to lose 10K to learn that lesson, one can learn it by losing 1K too and even earning profits in some cases.

X-ray

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Quote from: Positid on November 26, 2016, 02:36:26 AM

Quote from: Oilacris on November 25, 2016, 10:42:36 PM

Quote from: Dudeperfect on November 25, 2016, 10:28:32 PM

1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

Starting on small amounts would be the ideal move when you do tend to engage trading for the first time because if you decided to put up directly huge amounts,for sure that money will be gone in an gradual way.Knowledge and experience would be the key to be successful on trading and we all know that its not an easy thing because doing trading is not just buying low selling high thing.It requires analysis and experience which you could able to gain when you are trading up for a matter of time.

Every trader must start from small amount to ensure the lessen or loses, you will be gambling if you start with a bigger amount as you do not have the right experience and knowledge that will give you more chance of success in the future.

trading with such a big amount of money at the first time is not wrong either because they have the right and if they've been learning from few books and course there will not going to be a problem. you will bear the different circumstance if you're trading with big amount rather then low amount and you may get different experience

carlfebz2

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Quote from: Positid on November 26, 2016, 02:36:26 AM

Quote from: Oilacris on November 25, 2016, 10:42:36 PM

Quote from: Dudeperfect on November 25, 2016, 10:28:32 PM

1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

Starting on small amounts would be the ideal move when you do tend to engage trading for the first time because if you decided to put up directly huge amounts,for sure that money will be gone in an gradual way.Knowledge and experience would be the key to be successful on trading and we all know that its not an easy thing because doing trading is not just buying low selling high thing.It requires analysis and experience which you could able to gain when you are trading up for a matter of time.

Every trader must start from small amount to ensure the lessen or loses, you will be gambling if you start with a bigger amount as you do not have the right experience and knowledge that will give you more chance of success in the future.

Indeed, placing small amounts on every trade would be ideal step since you are just starting and learning on trading because if you put huge amounts the risk of losing it all is high since you don't have enough knowledge into it that's why better not to rush into trading it would really takes time to learn it and if you already got the ways and techniques and you see you are already profitable with it then that's the time you will put big amounts.

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Quote from: Oilacris on November 25, 2016, 10:42:36 PM

Quote from: Dudeperfect on November 25, 2016, 10:28:32 PM

1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

Starting on small amounts would be the ideal move when you do tend to engage trading for the first time because if you decided to put up directly huge amounts,for sure that money will be gone in an gradual way.Knowledge and experience would be the key to be successful on trading and we all know that its not an easy thing because doing trading is not just buying low selling high thing.It requires analysis and experience which you could able to gain when you are trading up for a matter of time.

Every trader must start from small amount to ensure the lessen or loses, you will be gambling if you start with a bigger amount as you do not have the right experience and knowledge that will give you more chance of success in the future.

Oilacris

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Quote from: Dudeperfect on November 25, 2016, 10:28:32 PM

1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

Starting on small amounts would be the ideal move when you do tend to engage trading for the first time because if you decided to put up directly huge amounts,for sure that money will be gone in an gradual way.Knowledge and experience would be the key to be successful on trading and we all know that its not an easy thing because doing trading is not just buying low selling high thing.It requires analysis and experience which you could able to gain when you are trading up for a matter of time.

Dudeperfect

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Activity: 1190

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1,000 satoshis are enough for some traders to make profits and some people lose their money even in the scale of 1 to 10 bitcoins, yes don’t get surprised. A trader is a person who analyzes the market condition and trade according to it. You should invest your time first in order to start the trade instead of putting money first. Gain experience with small amount trades and then eventually increase your capital. You can start trade with any amount you wish, good luck.

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Quote from: wxa7115 on November 25, 2016, 06:01:53 PM

Quote from: markyminer on November 25, 2016, 04:43:21 PM

Quote from: raven7886 on November 25, 2016, 01:14:54 PM

Quote from: el kaka22 on November 25, 2016, 10:38:21 AM

Quote from: Text on November 25, 2016, 08:47:13 AM

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.

as i am too good in gambling therefore i will like to invest my bitcoin in gambling, although people are thinking that gambling is one of the most diffcult way of making money but still i have fully confidence on myself that i can make money in gambling, as i have some good skill of gambling and the important factor is that i am a lucky person ans have already made good profit.

That depends on what you mean by investing in gambling, if you mean investing in a casino bankroll then make sure you spread your investment among several casinos so if one of those casino disappears then you don't lose all your money, on the other hand if what you mean is that you want to gamble then that is very difficult and most likely you are going to lose all your money.

I agree, different casino have different performance. As the saying said, never put your egg in one basket, putting your investment in different casino will more like give you a better and secure investment because when one casino does not perform well you have other investment in other casino back you up.

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Quote from: wxa7115 on November 25, 2016, 06:01:53 PM

Quote from: markyminer on November 25, 2016, 04:43:21 PM

Quote from: raven7886 on November 25, 2016, 01:14:54 PM

Quote from: el kaka22 on November 25, 2016, 10:38:21 AM

Quote from: Text on November 25, 2016, 08:47:13 AM

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.

as i am too good in gambling therefore i will like to invest my bitcoin in gambling, although people are thinking that gambling is one of the most diffcult way of making money but still i have fully confidence on myself that i can make money in gambling, as i have some good skill of gambling and the important factor is that i am a lucky person ans have already made good profit.

That depends on what you mean by investing in gambling, if you mean investing in a casino bankroll then make sure you spread your investment among several casinos so if one of those casino disappears then you don't lose all your money, on the other hand if what you mean is that you want to gamble then that is very difficult and most likely you are going to lose all your money.

Bankroll was meaning you agree for join in the bet area.
Which means, totally isn't different like gamble your money in the casino.
Bet/gamble = Casino
Bankroll = Casino

What's the different?
The both is visible similarly for me.

outatime1

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Some of the exchanges have a minimum amount to trade but it is very low. You can make vary small trades with fees that are a percentage of the principal.

wxa7115

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Quote from: markyminer on November 25, 2016, 04:43:21 PM

Quote from: raven7886 on November 25, 2016, 01:14:54 PM

Quote from: el kaka22 on November 25, 2016, 10:38:21 AM

Quote from: Text on November 25, 2016, 08:47:13 AM

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.

as i am too good in gambling therefore i will like to invest my bitcoin in gambling, although people are thinking that gambling is one of the most diffcult way of making money but still i have fully confidence on myself that i can make money in gambling, as i have some good skill of gambling and the important factor is that i am a lucky person ans have already made good profit.

That depends on what you mean by investing in gambling, if you mean investing in a casino bankroll then make sure you spread your investment among several casinos so if one of those casino disappears then you don't lose all your money, on the other hand if what you mean is that you want to gamble then that is very difficult and most likely you are going to lose all your money.

markyminer

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Quote from: raven7886 on November 25, 2016, 01:14:54 PM

Quote from: el kaka22 on November 25, 2016, 10:38:21 AM

Quote from: Text on November 25, 2016, 08:47:13 AM

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.

as i am too good in gambling therefore i will like to invest my bitcoin in gambling, although people are thinking that gambling is one of the most diffcult way of making money but still i have fully confidence on myself that i can make money in gambling, as i have some good skill of gambling and the important factor is that i am a lucky person ans have already made good profit.

Mark02

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Quote from: raven7886 on November 25, 2016, 01:14:54 PM

Quote from: el kaka22 on November 25, 2016, 10:38:21 AM

Quote from: Text on November 25, 2016, 08:47:13 AM

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.

Any amount will be possible to start trading. But I advice to start like 0.03 Bitcoin because if you have a higher capital. Your profit will be much higher also. But if you really don't have that much bitcoin. 0.001 is good enough also as a starter. But, it will take some time before it grows. So be patient.

raven7886

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Quote from: el kaka22 on November 25, 2016, 10:38:21 AM

Quote from: Text on November 25, 2016, 08:47:13 AM

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.

lol3c

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Quote from: el kaka22 on November 25, 2016, 10:38:21 AM

Quote from: Text on November 25, 2016, 08:47:13 AM

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

I agree with you. The more capital you willing to use, the more money you may lose in trading. Trading requires a lot of skill and experience from traders so if you are a smart person, you can easily earn profit from trading with a small capital. There are many trading experts who can make $10 to $100

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Quote from: Text on November 25, 2016, 08:47:13 AM

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

Topic: What is the minimum amount to start as a trader? - page 6. (Read 21189 times)