Bitcoin Forum

Economy => Trading Discussion => Topic started by: rosber on November 21, 2017, 06:21:10 AM



Title: what is the min rate
Post by: rosber on November 21, 2017, 06:21:10 AM
what is the min amount to do trading ?


Title: Re: what is the min rate
Post by: luckycoinn on November 21, 2017, 06:32:02 AM
there is no minimum amount for trading Bitcoin. But if you want good profit, start with 100$ or more. But to trading you can start with any amount you have.

Cheers


Title: Re: what is the min rate
Post by: Teraboy on November 21, 2017, 07:21:00 AM
what is the min amount to do trading ?

The minimum amount to do a trade can't be determined, but you can try to pu the amount that you afford to lose. That means the small portion seems to be a recomended choice if you are new in the trading.
Never try to put large amount if you haven't enough experience to trade. This to minimize or decrease your lost.


Title: Re: what is the min rate
Post by: brotherwood12 on November 21, 2017, 07:27:56 AM
if you are not pro enough or you just new on crypto
just go start with 10 $ ,  and try to learn time by time , so you can adapt with the atmosphere of cryptocurrency
 start something you dont know with high ammount is just suicide i think

Correct me if im wrong


Title: Re: what is the min rate
Post by: MiningSensei on November 21, 2017, 09:32:43 AM
Are you serious? he can just stay months in order to reach at least $100, it is not worth it.
If he is really decided to start doing daytrading, why would he just put ten dollars? it is not even worth a cheap lunchtime with your mummy.
just go start with 10 $ ,  and try to learn time by time , so you can adapt with the atmosphere of cryptocurrency
Be careful, just start trading with much money as you can,  but do not put your life savings in here because you can suddenly lose your funds and that would be a chaos. You all know that exchanges have been closing for a long time, and if you put your funds on the wrong site, you are exposed to lose all your money.



Title: Re: what is the min rate
Post by: Pursuer on November 21, 2017, 09:45:29 AM
something that first covers the minimum trading volume for each trade. for example if I am not mistaken this minimum is 0.01BTC in CEX.io and it is usually 0.0001BTC in most other exchanges.

then it should cover your transaction fees to get the money in and out of the exchanges. but since that is usually small, there is not much to worry about. you can see how much it is in different exchanges for bitcoin here: https://bitcointalk.org/index.php?topic=1975324.0

and finally it should be something that when you trade and make a profit, it would be worth it to call it a profit. for example if you invest $1 and make 10% profit that is $0.1 which is not really that much considering the fees.
but if you do it with $1000 and make 10% that is $100 which is a considerable amount that you can call "profit"!