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Topic: What is the minimum amount to start as a trader? - page 8. (Read 21170 times)

sr. member
Activity: 406
Merit: 250
I think first of all it can be started as 0.01btc amount only at yobit for altcoins trading and 0.1btc for day trading at bitcoin exchanges.But that should be only for experience and dont expect big profit from that.And as soon as you start to understand things about trading then you can increase the amount slowly.
legendary
Activity: 3052
Merit: 1273
The amount that you want to start as a trader may be different on case-by-case basis. You should start with xx amount where xx is the value of bitcoins which you can afford to lose and will not get affected even if the market goes against. Some start with 0.01, while others who have big values may even go for more than 1 btc.
sr. member
Activity: 462
Merit: 250
You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.

And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading.  With this amount he can buy some cheap coins, those ltc market or dogecoins market.  At least even if he lost this amount, it won't affect him that much.

It will be better if a newbie will only start with the amount of 0.001 BTC and that will be a great start even he doesn't have knowledge. And that amount is affordable to lose for a starter in trading. But you should buy the cheaper coins but has the chance to pump in the future because a lot of nonsense coins are coming out.
but to me there is no limit to invest in bitcoin for trading to me you can invest any amount of money in trading, as in start i use to invest a very very little amount of bitcoin in trading as when i joined bitcoin i invested a very veryr small amount of bitcoin,
hero member
Activity: 770
Merit: 500
You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.
i think there is no limit of money for starting a business, you can start trading from any amount, and to me it is good if you starting from a little amount as you need to study the market and then get some experience and only then you should invest a good amount in trading.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
Minimum amount, its mean just you afford it easily, and if you wanna start trading than i suggest you in first time you should use a letter amount in trading, because only for experience, and see what the result you get it from trading. If you have done good in trading than the next time should use a big amount and take a risk. Because where we are here, that all depend on risk.
Doing actual trading though you are new will give you a whole picture on the actual trading and it's just reasonable to start with a little amount of money until you can ensure that you have gain enough knowledge already that would lead you to making money and be successful in trading.
legendary
Activity: 2954
Merit: 1159
Minimum amount, its mean just you afford it easily, and if you wanna start trading than i suggest you in first time you should use a letter amount in trading, because only for experience, and see what the result you get it from trading. If you have done good in trading than the next time should use a big amount and take a risk. Because where we are here, that all depend on risk.
hero member
Activity: 2590
Merit: 644
You can even start trading with just 0.01. In trading, the trading site or exchanger doesn't care how much is your capital because you are the one who will manage that and grow it in your own way. As a part time trader on crypto-currencies, In my opinion, Don't be bothered to much about capital because one of the most required thing that you need to got is determination because if you have that one. The rest will follow and you will easily earn good profits.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Start with some millions of satoshis so it wont hurt much. Yeah started with that amount also and I lost like half of a million satoshis. But I dont regret it. I take it as a stepping stone to where I could learn more. The question there is why and how did you lose?
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
It depends where do you want to play.
If you want to play on regular market, i mean shares, companies etc. i would advise you at least 5k $, not less because it might be annoying and hard to make a profit.
If you rather play on forex, then you can start very little, however i would not go under 1K $ for the first deposit.
But if you are experienced already, and you wanna go with forex- even 200$ is enough, because good trader can make a good spend out of it.

yes...or just for free here:
http://u2cloudmining.winspiral.net/comrebuy.php

My advise is:
before you start spending your 1st kopek...try for free...
sr. member
Activity: 574
Merit: 252
It depends where do you want to play.
If you want to play on regular market, i mean shares, companies etc. i would advise you at least 5k $, not less because it might be annoying and hard to make a profit.
If you rather play on forex, then you can start very little, however i would not go under 1K $ for the first deposit.
But if you are experienced already, and you wanna go with forex- even 200$ is enough, because good trader can make a good spend out of it.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Don't think of the income yet, as a newbie you have to explore all the possibilities in trading and what matters to you is the experience and not the income yet since the amount you are using is a small amount of money. You will get frustrated once you aim big with a small amount of investment.
definitely,aiming a good profit from such a small amount of money is just too much,0.0005 bitcoin is just too small if you're really consider it as an income and it's only worthy to pay up the fees nor to fulfill your daily needs,i'd suggest to be realistic,gain more money,and start to be a normal trader
hero member
Activity: 952
Merit: 500
You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.

And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading.  With this amount he can buy some cheap coins, those ltc market or dogecoins market.  At least even if he lost this amount, it won't affect him that much.

It will be better if a newbie will only start with the amount of 0.001 BTC and that will be a great start even he doesn't have knowledge. And that amount is affordable to lose for a starter in trading. But you should buy the cheaper coins but has the chance to pump in the future because a lot of nonsense coins are coming out.
I agree with you mate. This is a good amount to start for a newbie. Even if it's a little amount you can still make a few income if you have the right coins to buy and sell.
Don't think of the income yet, as a newbie you have to explore all the possibilities in trading and what matters to you is the experience and not the income yet since the amount you are using is a small amount of money. You will get frustrated once you aim big with a small amount of investment.
hero member
Activity: 644
Merit: 500
You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.

And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading.  With this amount he can buy some cheap coins, those ltc market or dogecoins market.  At least even if he lost this amount, it won't affect him that much.

It will be better if a newbie will only start with the amount of 0.001 BTC and that will be a great start even he doesn't have knowledge. And that amount is affordable to lose for a starter in trading. But you should buy the cheaper coins but has the chance to pump in the future because a lot of nonsense coins are coming out.
I agree with you mate. This is a good amount to start for a newbie. Even if it's a little amount you can still make a few income if you have the right coins to buy and sell.
legendary
Activity: 2954
Merit: 1153
You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.

And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading.  With this amount he can buy some cheap coins, those ltc market or dogecoins market.  At least even if he lost this amount, it won't affect him that much.
full member
Activity: 181
Merit: 100
You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.
legendary
Activity: 1540
Merit: 1003
On Yobit the minimum for one transaction is as little as 10Ksatoshi.
You can start trading with this menony to test your skill and be safe from loosing big bucks.
But with this little money ,you cann't earn much money!

With 10k satoshi you don't earn or lose big money so I think that it doesn't worth trading with 10k satoshi.

If a newbie wants to start trading then it's ok to experiment with 10k satoshi and understand how trading works.

But if you really want to see a difference when you trade then I would suggest to start with minimum 0.1.
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
i see here only amounts...
but it is possible to trade for free and for the fun.
For free and for the fun does not mean for nothing...
you earn real satoshi.

here you can follow the comshare price and take part trading:

http://u2cloudmining.winspiral.net/comrebuy.php

With profit you can then lose it on other trading places  Cheesy
legendary
Activity: 1008
Merit: 1060
I think knowledge and experience are actually the capital in trading and your earnings will not always depend on how much money you put into it. As long as you can buy 3-5 different altcoins, you can start trading. It's not that much of a capital. They always say to start small if you want to succeed at something and I think that's applicable in trading too. Start small and once you're experienced enough, you can start risking greater amount of money.
sr. member
Activity: 401
Merit: 250
No one should invest a huge ammount expecting to make a huge profit, usually this turns into some profit when it doesnt turn into a big loss, thats why first learn and know the market, see the max and minimum price of those altcoin, and just invest if you have sure, dont follow others sugestions, make your own rules to sucess.

Yeah and initially its good to start with a small capital to minimize risks and there is no limit in trading you can start even with a very little amount but the only issue is that if you invest small capital then even your profits will be small and you will actually not feel the profits if you are going with a smaller amount.
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