Topic: With how much should i start - page 118. (Read 13530 times)
If you want to invest in altcoins, then in my opinion you can devote a maximum of 5% of your wealth (provided Bitcoin holdings doesn't amount to more than 5%). The total crypto holdings should not be more than 10% of your portfolio.
I think if you can do a small amount, it also does not matter too, since you are with a small capital you will get a small profit too. for me if you want to get bigger profit faster, you can make a big amount of investment, so it will be easier to earn money.
Before you start ico, try to participate in bounty campaigns because you do not need any investment or withdraw money because you will receive rewards through campaign or your effort.
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
Don't go into trading when you're not very good at it. Don't waste time and end up losing money. Learn it first before getting involve in trading. Ask how much you will start after you ask how to start it. Trading needs skills. Good luck mate. Thanks!
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
Thanks!
It really depends on how you can afford and let it standby for a long time. Do not invest money in which you might need because you might be needing your money and then the price is down (like currently), you'll be in a loss. Do it like your saving for the future, in that case you will not worry even if the prices drop.
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
Thanks!
Well, when I was a nubie, I start it with a small amount. Approximately around 50$.
You can do the same if you want. But I suggest you use your secondary money, not the main income. Because nowadays, the market is hard to predict.
it depends how much money you can afford to lose. investing your money is like gambling, you will gain profit or lose i cannot tell how much will you start, it your decision but for me invest an extra money only. crypto is risky when it comes to trading you need more technique.
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
Thanks!
While some platform set its limits for minimum deposit or cash in’s there is no definite amount to start with. Some says start woth 500 to 1000usd the logic of it is it will hive you a good leverage to invest in several currencies that way should one coin drops you still have a fee to watch out for. But again I suggest to start with the amount that your comfortable with and that your willing to loose.
The number one rule to high risk investment, and crypto is very definitely still in that category, is... Only invest an amount you can afford to lose.
Yes this is the same rule as gambling, and with crypto still in its infancy, and with such a highly deregulated market subject to scams and PnD groups, it is still a gamble, IMHO.
That said, I'm a huge fan of crypto and have invested heavily (at least in terms of the funds I have available), and I try;ly believe it will become the dominate currency group within the next 10-20 years and fiat currencies will be the smaller child, so to speak.
Yes this is the same rule as gambling, and with crypto still in its infancy, and with such a highly deregulated market subject to scams and PnD groups, it is still a gamble, IMHO.
That said, I'm a huge fan of crypto and have invested heavily (at least in terms of the funds I have available), and I try;ly believe it will become the dominate currency group within the next 10-20 years and fiat currencies will be the smaller child, so to speak.
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
there is no such thing as how much you should start, just invest how much is your extra money, or the amount you can afford to lose, because trading altcoins is also risky, so you must be very careful when investing.Thanks!
Invest how much you can afford to lose because this trading is probablity game where we must be ready for both possibility, loss or profit are both normal so dont cry if you are loss and dont be too happy if you are profit because the time is not stoping till today.
we cannot suggest the op that any amount will do or as long as he can afford it ( to loose or not ) because trading in crypto market will require a trading fee and as well as transaction fee whenever we transafer any coins thru an online exchnage. now if the op only can only afford 0.005 or lower than that
amount, for sure this amount is only enough for the transaction fee and trading fee. op cant possibly earn an income because the fees will always be bigger than his starting capital , thats why we should give him an apropriate amount in order to start trading succesfully.
However much you are comfortable with investing. I wouldn't take anyone's advice that gives you an actual number that you should invest lol.
I would maybe just set aside a little bit each month and play around with that.
I would maybe just set aside a little bit each month and play around with that.
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
there is no such thing as how much you should start, just invest how much is your extra money, or the amount you can afford to lose, because trading altcoins is also risky, so you must be very careful when investing.Thanks!
Invest how much you can afford to lose because this trading is probablity game where we must be ready for both possibility, loss or profit are both normal so dont cry if you are loss and dont be too happy if you are profit because the time is not stoping till today.
In fact, you can start with the price that is not a pity and there are extra accumulations. I started with $ 50 so I could not raise much.
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
there is no such thing as how much you should start, just invest how much is your extra money, or the amount you can afford to lose, because trading altcoins is also risky, so you must be very careful when investing. Thanks!
As many have already pointed out, there is no minimum to invest (except for maybe those required by different exchanges). Invest what you can afford and invest in yourself.
Start with as much as you can. But you must understand that investment is a risk. Therefore knowing what you are doing will give you advantage as it will give you a open mind understand things and to develop yourself more. If you do you're research and have patience you can make some nice profit this way.
Every professional investor says, that at least 10% from your portfolio you should invest in to high risk investments - crypto is good example of high risk investment.
Your Deposit must be at least $1000. You can try to buy some popular cryptocurrencies in your portfolio.
It depends on you budget, if how much do you want. In coins you should know the value and and the right value of investment to start in coins. And how much are you willing to lose in the coins, you should know all the risk in trading tho.
If you start at a very small sum, this may cause you to not invest bitcoins, because the cost is high. First of all, I will try some popular names, such as Ethernet, Ripple and Cardano. I have invested all of this, and the result is very good now.
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