Technically speaking there is no minimum amount to start, whatever you get involved with in crypto is something enough for you to "start" trading. However if you start with 10 dollars, even making 100% profit would mean having 20 dollars at the end and even if you live in a very very poor nation, 10 dollars is not a big amount of money. In crypto world you need to stop thinking about how much you start with but instead focus on long term to think how much you could have.
If you have nothing to start with, go join bounties and airdrops and hope that they turn out to be good amount of money and you could use that to keep reinvesting into trustworthy projects like ethereum, grow from there and think of the next 10+ years instead of thinking about how much profit you can make from one trade.
Topic: What should I study to learn how to trade? - page 8. (Read 1632 times)
Obviously trading is buy low and sell high, that's it. All you need is read any resources as much as possible, you can start by reading trough this forum reddit etc. Since you're ask in this forum, you need to understand Bitcoin and basic trading first.
There's no minimum amount to start, you can start how much you can afford to lose.
It is easy to say buying in less and selling in high. It is too difficult to execute in real life if you have not enough knowledge and time. There's no minimum amount to start, you can start how much you can afford to lose.
I must say you have to know about trading and need to know the resources which is applicable for it. Must need to have good knowledge and available time for it to research.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
You may study even the fundamentals of trading and so on, just buy a book even ebook may help you, watch some YouTube videos thwt will tell you how to trade, how to read charts and many more. You may also learn how to trade if you will apply all your learning in an actual trading, so you may know if it is effective or not. And one more question: What is the minimum amount of money needed to start?
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
And one more question: What is the minimum amount of money needed to start?
There are so many helpful sources for you to begin with. Right here on Bitcointalk, it’s the best place for you to get some real advice coming from the experienced crypto traders. On top of that, you can also use Google, Youtube and other sources to study more about trading. Newscrypto is also a great source for you to learn trading, as it has a demo trading simulator where you can practice your trading in real time at zero risk. I may recommend this platform since you are a beginner, and you may want to practice first with a demo account before starting trade for real.
Can someone point me to where I should begin?
Of course in every aspect, you might wanna know and go for the fundamentals. In this case, the fundamentals you should know in trading is the "buy low and sell high". After you fully understand this thing you can now gradually go for more complicated stuff like how to make your own TA and read the market chart.And one more question: What is the minimum amount of money needed to start?
Honestly, I don't think there's a minimum amount of money for you to start because no matter what amount you use whether it is small or big you can still earn a profit on it. Of course, the profit will vary though depending on the amount you've been using. Make sure as well that you should only use the money you can afford to lose.
If you want to explore a new way to earn money, it is perfect to learn trading. I advice you to find which assets you want to trade. On the Internet, there are stocks, Forex, metals (such as gold, platinum, silver, etc), and cryptocurrencies. And there are also many books which are quite awesome for novices like you. But you need to have efforts in this field cause it is not as easy as you think
I suggest you should have at least $100 to be flexible in trading. $50 is also an affordable amount. If i am correct, Forex trading usually requires at least $200 to open an account, then you can deposit any amount
I suggest you should have at least $100 to be flexible in trading. $50 is also an affordable amount. If i am correct, Forex trading usually requires at least $200 to open an account, then you can deposit any amount
You must study to learn how to trade must have basic idea about trade and gain knowledge. You can learn a lot about trading after YouTube videos or various books. You can analyze the various venues of the forum and learn the trading strategies from professional traders. Gathering information about specific companies will help you see the bigger picture. You will be able to predict the larger trends that the market may follow this is the basic analysis. Manage both types and you will strengthen the chances of predicting future price behavior. Learn how to use the indicators correctly in your analysis.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
And one more question: What is the minimum amount of money needed to start?
If you want to make a lot of profit, then you have to spend a lot of capital,
that's for the spot market because it's 1: 1, but if you want to trade futures,
it's easy with $ 100 it might be $ 500 in a few hours , that's the difference.
Before you even put your money into trading, you should know that this market is so volatile and it is not like the other markets.
Another thing is that there are a lot of sources or websites you can post this question and one of the most popular is Reddit where a lot of people could give you tips and information about it. This forum can also give you some information but it is better to have a lot of sources so you have a lot of information to compare to or based to.
Another thing is that there are a lot of sources or websites you can post this question and one of the most popular is Reddit where a lot of people could give you tips and information about it. This forum can also give you some information but it is better to have a lot of sources so you have a lot of information to compare to or based to.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
First, learn the basics. Don't get too excited to make money, remember: YOU MAY LOSE YOUR MONEY IN TRADING.And one more question: What is the minimum amount of money needed to start?
You need to establish your own trading system, you will learn and use those learnings to build it. Keep away from social media or some group that telling you to buy that, or sell that, not unless you will confirm for yourself what other people said.
And you can try this BitMEX' testnet trading platform (https://testnet.bitmex.com/) where you can execute trades without depositing your Bitcoin, you will only use TESTNET Bitcoin here.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
You can use this forum and youtube to learn the knowledge, there are a lot of threads newcomers asked that you can refer to them. A small amount of a few hundred dollars is ok, find big exchanges to start trading, don't regret losing this amount. And one more question: What is the minimum amount of money needed to start?
Obviously trading is buy low and sell high, that's it. All you need is read any resources as much as possible, you can start by reading trough this forum reddit etc. Since you're ask in this forum, you need to understand Bitcoin and basic trading first.
There's no minimum amount to start, you can start how much you can afford to lose.
Buying low and selling high is seems easy to execute but for sure a newbie will have a hard time to execute it because they do not know the low and also the high. I'm a momentum trader so I buy at high and sell it higher. For those newbies out there focus on learning technical terms first, because in that way you can be familiarize especially if you will now make a deep research about trading. Do not also quickly put your money in trading because learning is a process and it is really take a time. This forum have basics where you can get foundations in trading. I also suggest you to open a virtual or demo account in Etoro or in Bitfinex because they have features of virtual trading or the practice trading. There's no minimum amount to start, you can start how much you can afford to lose.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
And one more question: What is the minimum amount of money needed to start?
You can try watching the price on the market. Buy low and sell high will be the key to trade and make a profit. When the red candle appears at the market, you can try to place an order buy at the third or fourth position at the order queue list, so when the price is down, your order buy will be filled. You can use 15 minutes, 30 minutes, 1 hour, or even a Daily chart to start finding the moment to buy.
Perhaps, you can watch this video from 99bitcoin:
https://www.youtube.com/watch?v=c7VH96My_3I
It's 2 years ago videos, and that is an example of a video that you can watch on Youtube. You can find more videos about learning how to trade on Youtube.
Regarding your second question, I suggest you not use big money if you don't familiarize yourself with the trading. Perhaps, you can use less than $50 while you can learn more about trading. After you understand the basics of trading, you can increase your initial funds to trade, but don't be greedy to make a profit if you are still new in trading.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
And one more question: What is the minimum amount of money needed to start?
There are free courses on Udemy for trading. It's better to learn that way rather DYOR since trading has a wide scoop to master. For starter assuming that you know the basic o. How to place order and etc, You should focus on learning how to use indicators and reading chart patterns. This the basic tool that will be very helpful to have a successful trading.
If you really want to DYOR(Do Your Own Research). I can send you a PDF material for learning indicators and basic trading strategy in telegram. Just contact me @TGD69.
EDIT:
About the minimum amount to start in trading, You should check first the exchange minimum deposit amount and trading fee, Your trading balance should be a bit higher than that obviously.
Obviously trading is buy low and sell high, that's it. All you need is read any resources as much as possible, you can start by reading trough this forum reddit etc. Since you're ask in this forum, you need to understand Bitcoin and basic trading first.
There's no minimum amount to start, you can start how much you can afford to lose.
There's no minimum amount to start, you can start how much you can afford to lose.
Can someone point me to where I should begin?
And one more question: What is the minimum amount of money needed to start?
And one more question: What is the minimum amount of money needed to start?
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