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Topic: What is the minimum amount to start as a trader? - page 9. (Read 21170 times)

legendary
Activity: 2912
Merit: 3603
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As you can see from most of the answers, you can start as low as 10,000 satoshi - now to me, that is the soundest advice you can take from anyone starting out as a trader. Learn the markets, learn the events and how they affect movements - most importantly, learn about your own behaviours as a trader.

Don't take the advice of min 1-2 BTC. Not until you're serious!
Once you're comfortable with trading then you trade with a bigger bankroll, and always to the amount you're comfortable to do without!

BTW, a broker with higher leverage means your small amount can be used to buy more than its actual value, so use that to your advantage...
hero member
Activity: 756
Merit: 501
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.
sr. member
Activity: 462
Merit: 250
you could always   start a small amount   on  doing trading  at the first time  on the amount of  0.01 btc and  there are  exchanges  that do   have cheap  coins . It ideal to make some practice and   observation while you are trading . Learning  process would  be  long for sure because   trading is  not  easy as  it sounds  you would really need  some  effort and  skills  to be profitable  on it.
As long as you can afford that amount you can always start to trade, you will understand that it's fun to trade especially if that is your interest. You will learn a lot when you use your mind rather than your heart. Your move should be properly calculated and you can do that by properly analyzing the trend.
yes that is a fact that there is no limit of investment in alt coin, you can do trading with any amount, if you have some sathoshi still you can invest it in alt coin and if the price go high you ca really make good profit.
legendary
Activity: 1512
Merit: 1041
in fact you can start playing trading with very small amounts. however, to get a good profit I think you need capital of 0.05 - 0.1 BTC. well, that was the first thing I do to play altcoin trading.
I believe 0.1 bitcoins itself very small amount to get start with altcoin trading as we need to trade with decent volume to make enough profits for the time we are spending for researches and technical analysis.

I divide my be 0:02 BTC BTC for every 1 coin that I use to play trading, and it was all very well to learn trading and even make a profit
It is really nice to know that you are making enough profits with your capital of 0.02 bitcoins.
I like to know how much time you are spending for your analysis and trading and how much profits you are making from one particular trade.
legendary
Activity: 1218
Merit: 1000
in fact you can start playing trading with very small amounts. however, to get a good profit I think you need capital of 0.05 - 0.1 BTC. well, that was the first thing I do to play altcoin trading. I divide my be 0:02 BTC BTC for every 1 coin that I use to play trading, and it was all very well to learn trading and even make a profit
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
I don't think there's a minimum amount to start trading at all, you just have to at least be able to keep up with the minimum transaction amount in the altcoin exchanger. But the smaller your capital is, the slower your money will grow and the smaller your profit will be.

You can always buy some bitcoins from exchanger if you don't want to start small. However, if you start small, once you start to get a lot of profit from trading, you can look back and be proud that you started from a really small amount.
That's for sure and the purpose only of starting a smaller amount is just to try and to learn at the same time. When you mature in trading, that would be the time to get serious and put a decent amount of capital to be able to earn profit as you desired.
hero member
Activity: 826
Merit: 502
I don't think there's a minimum amount to start trading at all, you just have to at least be able to keep up with the minimum transaction amount in the altcoin exchanger. But the smaller your capital is, the slower your money will grow and the smaller your profit will be.

You can always buy some bitcoins from exchanger if you don't want to start small. However, if you start small, once you start to get a lot of profit from trading, you can look back and be proud that you started from a really small amount.
hero member
Activity: 952
Merit: 500
I think there is no minimum amount to start trading. When i started trading, i started with only 0.001 from my earnings in hyips because i was also new to bitcoin that time. I didn't know about this forum. But right now my total earnings in trading is almost 1 btc with the help of signature campaign earnings as my capital to do trading.
The is always a minimum cause it there's none you ca trade with 1 sat. it's just good that some trading sites only require a lower minimum so more people can participate and I like the idea because they are willing to help us as well to be master in trading.
hero member
Activity: 2352
Merit: 594
I think there is no minimum amount to start trading. When i started trading, i started with only 0.001 from my earnings in hyips because i was also new to bitcoin that time. I didn't know about this forum. But right now my total earnings in trading is almost 1 btc with the help of signature campaign earnings as my capital to do trading.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
you could always   start a small amount   on  doing trading  at the first time  on the amount of  0.01 btc and  there are  exchanges  that do   have cheap  coins . It ideal to make some practice and   observation while you are trading . Learning  process would  be  long for sure because   trading is  not  easy as  it sounds  you would really need  some  effort and  skills  to be profitable  on it.
As long as you can afford that amount you can always start to trade, you will understand that it's fun to trade especially if that is your interest. You will learn a lot when you use your mind rather than your heart. Your move should be properly calculated and you can do that by properly analyzing the trend.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
you could always   start a small amount   on  doing trading  at the first time  on the amount of  0.01 btc and  there are  exchanges  that do   have cheap  coins . It ideal to make some practice and   observation while you are trading . Learning  process would  be  long for sure because   trading is  not  easy as  it sounds  you would really need  some  effort and  skills  to be profitable  on it.
legendary
Activity: 1372
Merit: 1005
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!


I would suggest you to try with localbitcoins, I agree that you need more amount to have trade in lbc. But you could win successfully in lbc because everyday you can find the trade beyond you trade limits.
hero member
Activity: 1302
Merit: 540
What is the minimum amount to start as a trader?

You can try your luck on Yobit with as low as 10k sats but you can't deposit less than 0.002 on the site. If you can afford to lose that amount you should try it for getting some experience at least, but first you should say good bye to your money and if you feel that you are okay with that than try to trade, why not.

That is right, and this is also the advice I give to a new trader. Just try in small amounts,if you lose never mind but do not lose the lesson. The best way to learn trading is by doing it yourself. Build confidence.
Wow coming from my guider before yes experience would be the big help learning the trade and you are already inside the forum so everything else you need would be searchable here..
hero member
Activity: 1414
Merit: 505
Backed.Finance
What is the minimum amount to start as a trader?

You can try your luck on Yobit with as low as 10k sats but you can't deposit less than 0.002 on the site. If you can afford to lose that amount you should try it for getting some experience at least, but first you should say good bye to your money and if you feel that you are okay with that than try to trade, why not.

That is right, and this is also the advice I give to a new trader. Just try in small amounts,if you lose never mind but do not lose the lesson. The best way to learn trading is by doing it yourself. Build confidence.
member
Activity: 106
Merit: 10
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!
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
If you are  only  new  into trading then  you  should  not  put  up  huge amounts  at first  because for sure  you  will burn it  up  on an  instant because   the risk  of  lossing  money   on trading  is  there always.  You could always  start on small amounts   and  do trades as  long you do it for  longer times  you will definitely learn and if you saw that  you are already earning then thats the time  you should put  big money.
member
Activity: 84
Merit: 10
Rule of thumb would be whatever you can afford to lose.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
I think at least you should have a capital of more than 0.01 BTC, atleats minimum 0.005 btc, because if less than that, I'm sure you will not feel a big profit dude
You can even start at BTC0.001 if you still in the stage of experimenting in trading. Start with the minimum since you are not good yet and you might lose, you can lose that amount easily but be sure you are getting the lessons you should get.
hero member
Activity: 504
Merit: 500
I think at least you should have a capital of more than 0.01 BTC, atleats minimum 0.005 btc, because if less than that, I'm sure you will not feel a big profit dude
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