Bitcoin Forum

I am newbie in trading. can you guys please help me ? How much money do I need to get started?

You start by searching in Google for some articles on that topic.Learn the basic terms,like what is margin trading,trading signals,candlestick charts,stop-loss orders ,take profit orders,etc.Learn how to read the charts and learn more about technical and fundamental analysis.Try to practice some demo trading before depositing any coins into a crypto exchange platform.

There is no minimum money you can use to trading, and you can use small money, even for $10. My advice is better you have $50-$100 to start trading. Try to get bitcoin first in many exchanges and then you can start to buy bitcoin pair altcoin or bitcoin pair usdt. You need to learn about trading first before you make a real trade in the exchanges, so you don't have to confuse how to buy and sell any coins. Don't believe the news you read but always analyze by yourself. Don't be afraid if you cannot make a profit for the first time you trade because you will get your profit later and it needs the right time to make a profit.

Thank You sir

Thanks alot it will help me. Anything elese do i have to remember ?

I recommend to start trading from those amount of money, that you are ready to lose. Choose 3 crypto (f.e. Eth, Btc and some other) for trading. Also start reading a lot to understand how all that works. There are good articles on Medium.

Good luck.

Find some potential coins and make sure they are limited. Otherwise you will end up investing all your coins in a diverse pool of coins. Diversification is good though but should be limited. The coins you invest in should be potential as there are thousands of shitcoins lying around and investing in them will just turn out to be total loss for you. Start investing with small amount and gradually increase the amount when you get enough profits.

Also, there are already many threads here which will tell you what to do as a beginner in trading.

Thank you sir  :)

you need to get a demo account first. start trading with a demo account on an exchange. i believed that most exchanges do have a demo account where you are credited with fake dollars. get your self trading books to practise from and make sure you practice all the time.

It is best to start with the amount that you do not mind losing. And in the beginning be prepared for the fact that you are likely to fail. But you will get invaluable experience. So try to practice as often as possible.

Everyone is a newbie before and i was starting before i do have a friend who will teach me how to do this and that but most importantly if you really want to learn you should have to look and read more. Reading is the only way to understand anything and most importantly apply it after you have read it, but of course, always take a precaution that it might fail but at least you try.

Yes, after reading the trading basics, try with small amount of money that you can afford to lose. Familiarization of the altcoin that you want to trade is also a must. You might be buying a dead project for all you know. Try visiting their thread here in the forum or check their website. See what's going on with their developments. It is better to know the altcoin that you are dealing with. By the way, just browsing and reading the trading section here will give you more than enough knowledge to start your crypto trading life.

Start by getting an insight into the basic of blockchain technology and cryptocurrencies. You can read some blogs, latest news, or join telegram groups to know what’s happening in the crypto market daily.
Further, being a newbie, make sure you do not make the same mistake as others.
Never trade without logic or the right strategy. Reading about various crypto trends won’t get you anywhere. You will need in-depth research before you start to gain profits.
Also, you shouldn’t get carried away by a coin’s publicity. Another major mistake newbies make is investing all they have. Make sure you invest a little percent of your earnings.

You can read these blogs:
https://www.altcoinsidekick.com/blog/ninth-ground?SQF_PAGE=ninth-ground

You can follow this telegram group:
https://t.me/altcoinsidekick

Starting with the amount you can afford to lose is a good started point as many people that are new in trading don't always consider that before start investing. It is a risk and speculative market and that means if you don't actually know how to analyze it using technical and fundamental indicators you may lose all your capital if you put in. Your knowledge of how the market work is far better than the amount of capital you have to invest. Bitcoin on it own has given good return in millions of dollars to those that have a deeper knowledge on how it works and we also have many stories of those that have lost heavily through investing in Bitcoin.

Any amount is okay as long as you know your risk. It could go to zero anytime in trading.
$100 might be low for some but it is good for starting. Just to test the broadness of how it will be done.

If you are still in doubt then you could go Youtube for some explanation. There, they use small amounts in their recordings just so to pull more newbies into trading.
In my own experience, I just jumped into trading and never had the time to look for research. Just monitored one currency in a few days then started with just a little amount, actually .1BTC.

When you start trading, don't think of the money yet. Think of how to trade. Read some reliable articles or reviews about trading. Choose one trading platform. Perhaps you consider those that have large volumes and many traded coins. Create an account and study the different movements of the prices, buttons and what they mean, and so on. Only after exploring that you then deposit a little amount. You may start with .1 or even .09 BTC or 1 ETH.

I believe if you don't know where to start so don't start, Trading is not an easy thing that you could be profitable with it without any knowledge, people reading for more than 4 years and they are still not professional trader, so be careful and don't trough away your money, I know an Auto-trade platform that is profitable and open orders automatically in exchanges. The Robot Trading with strategy run on it and you could change and modify your strategies.

There's a lot of helpful resources that would help you to learn, like this forum, but it's easier to use google and ask questions on what you like to know.
Just be resourceful, youtube videos is also helpful, if you really are interested, you will not get tired of learning and that's a must as trading is a high risk venture especially in the crypto space.

I guess you can try it now. By learning and practice on trading, you will familiarize yourself and know when the time to buy and sell. I am sure you will have a good time to get the coin at a low price and sell at a high price. The more you trade, the more experience you will get and trust me, once you can analyze and get some information from the market, you will know the pattern of bitcoin and altcoin moves so you can be able to get the right time to trade. It is hard in the early, but you will get it later ;)

YouTube is also a rich resource of information for about any topic.

OP, look for trading instructional/tutorial channels, then go to Reddit trading subreddits, and ask for some reviews/testimonials on the channels. Good luck on your search. 8)

Start with a very small amount to learn how it works. Read some articles or watch tutorials on how to trade. Internet is always your friend, it's up to you how you will use it to the fullest. Once you get the hang of it increase the amount you trade. Also don't listen to some experts saying what is good to trade, imo only them gets the benefit of it. Always DYOR.

You can start trading with any amount as long as it can cover the trading/withdrawal fee. Some exchanges do place limits on the amount you can trade with...am not sure if most do though.

I think you will be better off learning how to trade from  good ebook, YouTube videos or websites, than learning very little from members here. .

Is not money you need now but knowledge. Get the right resource(video,audio and ebooks) and bury your head into it  before you put your money. If you struggle with any information, you can check search for similar topics here, if not found you can ask high rank members with strong trust level maybe they can help.

For most people trading amounts of $50 might not make much sense, but we have to understand that there are also people for whom $50 is a lot of money, and that they trade with much smaller amounts.

Most exchanges have a minimum amount they require you to have in order to participate in the market. Bitstamp, an exchange that I frequently use, handles a minimum of $5 per trade, but this is an exchange for the more experienced traders/investors. Binance for example allows people to trade with a minimum of 0.0001BTC, which is like $1 at current rates. Depending on where you are from, this is probably the best exchange to use.

Sometimes I also want to advice some interested individuals to try with what they can afford. For some older traders, they know the higher the risk, the higher the profit or loss. It could be a gamble for some decisions but we do a little bit of diligence at our level. be that has it may we might still need patience to have a good ROI.

Just after only 2 hours after you created this topic, you made a reply on another thread giving a suggestion.

You suggest a trading platform. Yes, "suggestion".


Why you became familiar with Bittrex and it's feature but having a hard time to know where to start at trading?

 ??? ??? ???

As a newbie you can search on google, youtube and in others platforms to get some articles and videos to learn about trading properly. Then you can start trading with a very small amount of money. You can start with $50 for the startting.     

I want to make a recommendation worthy of gold for you. Then maybe I will write something to answer the main question, I don't know. If you need to comment on my advice on gold value, it will be very troublesome for you, but I would advise you to do some research. Your own information, your own research and your own results will always be more useful to you. You can never go one step further with the information of other investors or other members. Now, since you don't have to bother doing research, I want to give you a very brief answer to your main question because you don't deserve a detailed message or information. You should get some experience and do some research.

You can trading cryptocurrency using small amount of money, but the more money that you use then the more profit that you can get. I suggest you to only trading ETH-FIAT or BTC-Fiat so the risk can be minimized. If you want more diversification on your invesment then I suggest you to only buy top 10 biggest marketcap altcoins.

AS a beginer of trading sactor , you should know about trading and its features. You should aware about risk and make your mind to accept it. Then you can deposit a amount of money that is not to big.Because Big amount is too risky for beginer. Then you should deposit your money in good exchangers. After that you can invest your money to buy some good coin and earn your profit and experience.

Make your own way first dude, entering in crypto trading is not easy to understand. You need to begin with learning, while desiring or aiming for profit but don't be greed in the first place. You can start with small capital amounting 50$ depending on the exchange you wanna learn first like on Kucoin this is a good start for a newbie like mate.

If you are a beginner, you really don't need to use real money. But the thing that must be done is to learn to recognize the market, so it is better to use a demo account until you fully understand about trading. If you feel you have been able to plunge into a real account, then please with a small capital first like $ 50 I think that's enough.

Have all the things prepared well, you can just start if you are willing to risk. The market is still at down which is a good time to start buying more coins. We have to take this advantage before it's going to bounce back and surging for another market strike.
Trading ain't difficult to learn, only it needs patience and some work on it in order to achieve our goal.

Difficult and risky investing in trading without knowledge, if want to get start to invest in trading jus start reading and searching herein forum discussing old threads about trading guidlines share by the some people well experience. to avoid risk and huge losses but you need to also to be ready all struggle and challenges in trading.

Totally risky, better to stick away from it, that is the best thing that you can actually do.

The market is super, but super strange at the moment and the only thing that you will obtain, are losses, just a suggestion, do not take it personal.

If you're completely new to the concept of trading, stay away with the concept of leveraged trading or margin trading until you've got an extremely good grasp of regular trading and you find yourself profitable with non-margined trading. Newbies tend to overleverage themselves and get liquidated with margin trading, and though your gains are amplified, your losses are also amplified and it's hard for even experienced traders to effectively use margin.

For learning resources, there are many good guides on Medium that will help you out. A large number of them are written with margin trading in mind, but the ones that aren't are very informative and you'll want to at least skim through them.

You can start with Altcoin you should study a project before investing. the one project I believe is Moozicore I have also started with altcoins and I know price not matter but there single token price is 0.0185$.

The new ecosystem is IEO it is the game-changing method and it is the most trusted way for the investor. Moozicore is the most reliable project https://tokensale.moozicore.com/ this is a genuine IEO to create trust I am really satisfied with them.

Don't listen to those who will give you tips on what to buy like those signal groups. They will not help you earn and they will not help you learn. They will just take your money if that group requires a fee to get their tip and the tips that they would give are coins that they already bought ahead of you. They will dump once they reach their goal, not your goal or the target that they mentioned in the signal. You will end up holding an expensive coin.I suggest that you try to read and attend seminars about trading. There are free webminars out there too that you can join online.

start with any funds you are ready to lose with but with minimal 0.01 BTC since the fee for every trade is not that small. Trading is really cruel especially in crypto and you're still newbie

If newbies in trading would accept that they would likely make more mistakes in the beginning, they would know how to manage themselves and they will not put a decent amount of money.

 Improving should be the goal here because if a trader improves he might be more consistent on his prediction and might be profitable in the long run, things should not be rush, always learn in this journey because if that's the mentality, success is not impossible.

Try to search for Relative Strength Index(RSI), Moving Average Convergence Divergence(MACD), and Exponential Moving Average(EMA) or any type of moving averages on google or you can directly watch a video tutorial on youtbe, actually these indicators are often suggested to me by people who I was asking before regarding to which indicators are good and easy to use  for a newbie and thankfully i have made some profit using this. Try it by doing paper trading first and start with a capital when you can already make a trade confidently. Also, try to explore more aside from the indicators that i've mentioned, support and resistance and candlestick/price action could help also you most of the time.

We have many speculators and trading experts online that you can follow and some of them have really help many traders in understand the state of the market. One of the guy I follow on Twitter that give good analysis on the positions of things in the market especially bitcoin is this guy https://mobile.twitter.com/krugermacro.

You should take the help from youtube about the issue that will be a very good and easy way for learning the basic of trade with your local language. But just touch you that you need to know some basic things to start trading. That is you must need some money in crypto or usd, secondly, you need to register in an exchange and log in. And need a piece of knowledge about buying and selling.
And how much money need ?? You can start with 10-20$. best of luck buddy go ahead.

its not about money , you should ask how much knowledge i need to start , dont put money while learning do paper trading

Money is not much important to get started,you can even go with 100 dollars or even less as beginning but you cannot just rely on your luck for making profits,you need to know the market condition and also need to know how to evaluate the market movements.

I think you need to start with money, of course you have to learn beforehand and know the minimum, but then you need practice, because you learn from your mistakes. I would advice him to start with 50$, then if it's ok, he can put more.

IMHO, I didnt care about how much the price would be in USD. Just straight bitcoin trading. Buying another coin using bitcoin without converting anything.

It worked for me. After accumulating profits out of that capital then that is where I started converting.
For starters, it would be really better to gain experience. Small capital would be the idea just to test at how far your trading skills could be.
Also, this is for you to have an idea on what is going in there.
Afterwards, you could watch videos or read some of the strategies here in this forum.

When it comes to basic then try to finish Babypips.com courses then try to enhance trading skills or using up

technical aspects with https://www.tradingview.com/chart/.This is my first steps when I'm still starting to trade.

Before you start trading and lose your money, I would suggest you to know and learn about the risks associated with it. Try to understand how the crypto market works. Once you fill your brain with all these knowledge, you will have to start experimenting on it in order to gain experience. Having all those knowledge but no experience means you won't be making anything. I would recommend you to start trading with small capital and once you get familiar with it, start going big.

For him not to have any tip on where to start, it shows he is a novice completely in trading, and if he does not get the knowledge first, advising him to go for this investment might just be a waste of time. Going for a very sound knowledge first is what can give him the liberty to a very great trade and to be able to trade successfully in a market that is very volatile.

No matter how a trader thinks he is good, the volatility is somehow a very great challenge to them,, and only a trader with the right skill and the right strategy will be able to trade without much losses. At least before he is through with the knowledge, he would have checked the project you suggested out and be sure if it is tradeable or not, because some coins are just good to hold for long term and cannot be traded.

If you are a newbie and willing to learn about trading you can use fund of 100$ and not bigger than that cost. Because you are also starting up so its better to careful also the buying altcoins that not compatible on you.

First of all you must be aware of the risks of trading, then document, document to the fullest, and arm yourself with patience, it takes years for a trader to live with his actions.
I advise you to read this article first: https://www.thebalance.com/hidden-dangers-that-new-day-traders-face-4056601

100$ is the right amount to start the trading but before investing in trading, a new trader should first learn the trading. You can learn it from any of your experienced friend (if you have any friend who is already doing trading). If not, you can search the internet and YouTube and get well conversed with trading methods and techniques. If you start the trading without getting knowledge of it, chances are that you will lose all the amount.

It will be hard for a newbie to know if the coin will move like bitcoin, most probably its just a hype. Anyway newbie should continue to learn, $100 is a good capital but without knowledge its hard to maintain it. Time to read books, go for youtube tutorials and ask someone who cam really help you. Trading wont make things easy for you, it will be a hard time to learn and earn at the same time.

If you interest without act = NOTHING
If you interest with act , you can start from watching youtube, following workshop etc

If you know and aware the risk, you can proceed but if you can afford to loss, you're not suitable for trading.
Why ?
 
Because crypto trading only for who has IRON guts  >:(

I agree, it is very important that you know the terms and also know how trading works because if you trade right away without studying how it is done and you don't know how to study the charts then you might just lose, you better read articles first and practice on demo accounts.

I think how much money you want to start with depends on how much money you have to spare. I mean if you are a rich person then starting with 10 thousand dollar shouldn't be a problem, if you are not and you want to start with as little as possible then you can as low as zero and put your effort in as your capital and earn money (there are bounties that you can work for and earn some tokens) so there is really no limit on what to start from zero to billions since that is what crypto is basically, it is the same for everyone at every wealth level, doesn't matter if you are rich or poor, as long as you are willing then you can earn money. There are plenty of people who didn't spend a single cent to start and now have a lot of bitcoins.

I for example never bought bitcoin or any other coin in my entire life yet I earned a lot of it (spent almost all of it as well).

I understand that for a beginner you need to know a lot of information, which is to know not only the basics of trading, but also the basic fundamentals of a cryptocurrency market.  To begin with, you will need small amounts to practice, so that if you lose them, you would not feel sorry for these funds.

Firstly, the basic tips the OP need to understand about crypto trading is how to select a profitable coin, time of entering and exiting the market. However, crypto trading is different to before cause there are a lot of automated trading bot which yields crypto traders an awesome profit which is why I recommend the OP to understand the practical aspect of the 3 tips I mentioned.
With that been said, I oppose user zaxifu advice when told the OP to start with coins that are highly manipulated (altcoin) since the current moment is the right to start bitcoin trading for the newbie.

well, you will know when you start. sometimes, someone prepares a lot of things, but forgets how they will start. there are two types in this case, learning before starting, or starting later learning. if you are interested in something, I advise you to start.

As a novice start with learning mate, then while doing that stage of level you can watch video tutorial explaining
about crypto trading, then you can check coinmarketcap.com to find out the top exchange were you can sign up
or register first before proceeding in the actual trade platform, then once you get inside the site platform, observe the
actual motion of the price in the chart monitor.

Basic knowledge is very important in trading if you want to have the basis to participate in the financial investment market like cryptocurrency. The basic knowledge is not sure to help you succeed but it will help you to orient and will survive long in this market.

Hello. The amount of money you want to invest in trading should be proportional to your goals. First you need to develop a strategy for yourself and adhere to it clearly. On the Internet there are good articles on the topic of financial literacy in trading, you can read them. On major exchanges, such as Binance, liquid coins are traded, which you can always buy and sell at the best available price.

You can really start with a very small amount of money. The money you feel you lose doesn't affect you at all. So your psychology will be comfortable. But in fact, we often invest a lot and psychology will be unstable leading to many wrong decisions

While trading with a small amount of money seems like a good idea because you are not going to feel as bad when you lose I think it is a mistake because all of us are looking to make important profits with our trades, so when you finally begin to use all your capital during your trades you will feel a psychological pressure that was not there and this will cause some mistakes that could cost you money, and if the mistake is big enough it could damage your capital to the point it will be impossible to recover the money lost, so it is better to recognize from the beginning that trading can be a very uncomfortable activity especially when you are losing money.

I don’t think going live on trading as a newbie would be the first option, no matter how little he trades wit, he will lose it within a second, the first thing for a newbie as we know would actually be to go for the training first, there is no way he will go through trading even if it is the one he will personally learn on YouTube or Google that he will not have seen one or two tutorial that will advise how much a newbie should trade with, which I am sure that his question would not have arose,.

So, he still need to do a thorough training first, and I am sure that by the time he is done with the training either via YouTube or a physical paid training, he would get the answer to his question immediately. It is from his training that he would begin to discover what his trading capacity is.

Whatever you do, be careful with fees, especially if you do a lot of quick trades. These can really eat up your profits fast.

It's not actually about how much money you need to get started, it's about what things you need to learn to get started and what practices you have to adopt in order to lessen the risk in every trade. Before you put your money in a particular platform and start an actual trading try to make further research regarding candlesticks and its formations. It's okay to start late than to be broke really quick.

You can start with as little money as possible as a learning path. I advise you to try it with bitcoin first. And once you get used to all the items needed to become a trader, you can gradually increase your capital. Don't forget to always read the news related cryptocurrency as much as possible, so that your trading journey could runs smoothly.

before you want to try trading you should know 2 trading type 1 margin trading and non margin trading.
1. margin trade is you can making profit without waiting price increase ( you can profit by short potition ) and also the margin trade has what is called leverage you can boost your profit by this feature but the risk is also increase
2. non margin trade ( i suggest you to use this ) . you just can make profit if the price increase and you can easy handle your fund

Risk & Reward
Risk reward is an important thing in trading , RR will help you to take a choice when you want to  Close your position you can read it here https://www.investopedia.com/terms/r/riskrewardratio.asp

manny thing you should know i can't write it here because it's too much

but i reccomended  you to learn here

Technikal analysis
Fundamental Analysis
Fund management
Risk Reward
Indicator
Supply And Demand / Support and ressitance
Reversal
Price Action

Using the smallest capital and creating the greatest effect, it is always something that experts encourage new traders before entering the market but before starting a journey with such difficulties, new traders need an appropriate knowledge base, should not start with predictions based on emotions and have random victories. Many people will feel this advice is redundant but many traders have followed this path, they don't understand the knowledge they need to know clearly from beginning to end, instead of knowing only half

Crypto trading is risky so we should know how to handle the risks.But we can eventually minimize the risks if we are prepared enough before entering into real trading.Deep research and continuous study and understanding on the basics of trading can be a big help in making trading ends into a successful and profitable one.

Which indicator do you find effective to use in a certain coin?  I'm trying to find at least a cheaper altcoin an I find EOS to be making a good move but I'm not sure if BTC/USD is worth leaving when most of the trade happens in this pair.  But I'd be happy to gather at least 200-500 EOS before it goes up that I can't afford buy anymore of it.

This topic has come up several times on this forum and if you are familiar with the forum, you would have seen lots of constructive comments as regards this issue, you can still go back and check for those answers for further assistance, but for this post, I think there is no limit to which amount you can use to trade, you can trade with any amount that you are sure fees will not take away, provided you are able to pay fees and still have to trade with.

The amount you can trade with depend on your pocket also, the more you trade with, the more money you make, and vice versa, so everything still depends on you, but for me, I think you should start with about $100, but before you go into trading, make sure you have the right strategy in place. I just learnt of someone that claim he used $375 to trade and made $200k in two months, I don’t know how true this is, but if it was true, only the right strategy would have helped him out.

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good to see a newbie trader .Trading is alawys profitiable .But you have to be patience.
We are her to help you always .I am giving you some initial things which help you to start up .Research each and every coin and look the overall chart you will get the idea how market is acting .Visit different exchange help you to understand the secured exchange .I think after that you will have good idea  upon market and exchanges
I think as a new trader you need to learn first as i said before .After get a good lesson you will start trading with a small amount and gradually increase your investment .Hopefully you will be a good crypto trader.

In my opinion you just invest your that money which is not so important too much. i mean if it loose form you somehow it's not effect in your daily life. Cause in trade you have no idea what's gonna be happen. So don't use that money which is very important to you. First of all spend your time in this thread as soon as you can and asked your thought and question. People are very friendly and professional here. Do research in your own way. And remember you'll not be a good trader in one day or one week or one month it's take some time.

If we do have a small starting amount in trading, the learning process is great to acquire. Eventually growing a small amount of btc in trading could give you definite skills in handling your trading capability, and obtain full knowledge. Once you're done with those minor steps, you won't be afraid in dealing with bigger amounts as you go more mature with trading and do the serious market approach when you prospected thus promising coins to include on with your day trades.

Like other businesses, trading is all about making money. The secrets are hidden inside the head of the trader who knows in-outs of the charts and has a unique inside feeling where the price is heading for the next price bar. Indeed, traders are not spending their time reading a lot of stuff, practice is the best teacher in financial markets. Ask from any hedge fund or another sort of financial institution trader, they never suggest to keep ignoring the real markets, price action instead of reading lines on trading books.

The best tip i can give to you is to first study how to trade really well and off course you should study the best crypto to invest for, and if you dont have a big captial, i am suggesting you to start trading with an altcoins with small amount just like tron and ripple.

This is important, most of those that want to become traders show that they do not read at all and do not make any effort to learn about trading or they read a lot of books and watch many videos about the subject but they never begin their journey and start to trade, and this is unfortunate we need an equilibrium, after reading some books about trading most of the time you already have more than 90% of the knowledge needed to be a trader and the rest can only be learned by actually watching the charts and getting in and out of the market.

About how much money you have to have or spend on starting a trade I think that depends on what your strategy is to achieve a target, but it would be better to just spend money that can be lost at the beginning. With a little sacrifice at the beginning, of course you will have a goal and use a definite strategy because you know the movements that will occur next if you really understand about each candle on the chart.

I think that many users of cryptocurrency are interested in trading, because practically only daily trading today is capable of generating good profits.  Even if investors are today waiting for the market to recover, to get at least some profit from their assets.  But in order to trade, you need to have a lot of knowledge, and first of all you need to learn how to analyze everything that happens on the stock exchange.

use only money you can lose to practise with crypto!

Start by taking a course on trading and adding knowledge about transactions. Do not rush, you will have to take years to get profit.

Such amount that can be sacrifice and treat as a trial funds while you are trying to to learned deeper understanding regarding to the market that you will going to invest your money, this venue is very crowded and very volatile expect that on your first real trade some mistakes can be done to the point that your investment will lose, make sure to learned from that and that experienced will teach you to be a better trader in the long run, be optimistic and always have a positive approach so you'll not stress yourself while you are still inside this market.

I totally agree with you. Start with the smallest amount possible, because it will sooner or later disappear.

If you are interested in investing, then I guess you have the money to start it.

You don't need to start with the capital to be honest since there are a lot of people here, or should I say traders that started trading without any capitals, maybe their capital is their way of advertising sites and services in the forum and other platforms. Another thing, don't just spend your money into trading if you don't know what you will be doing so better study about it. Cryptocurrencies are so volatile so you will be having a hard time following up as a newbie, always keep that in mind.

Start with the smallest amount will help us from getting a big loss if the market is down deeper. Besides that, we can learn from the trade, and we can start to analyze the market. Soon, if you are familiar with the coin movements, you can use a larger amount to test your skills. But don't force yourself to use a larger amount in the first time or you don't know anything about the coins because that will be too risky.

For a person who is already engaged in investments, it is very easy to trade, because he already knows how to choose a product for his activity.  The analysis of the cryptocurrency market and the particular project taken play a very important role.  In addition, you need to make deposits of at least 5 or 10% of the total number of coins in order to really control the situation when you work on daily trading.  At the same time, it is very important for a beginner to learn how to use stop loss.

Why not start here in bitcointalk forum? Feom here, you can actually learn some basic in tradings. I have started it all from here and I maximize my knowledge by reading some good content in other websites as well as to watch some useful tip videos about trading. There is no impossible, if we want to be a good and successful trader, have an urge to start it now.

Try to watch basic trading tutorials via youtube. Once you know how it works, you can trade in any cryptocurrency exchange. You may also ask some questions in forum or social media platforms such as this forum, Reddit, and etc. For the starting capital, $10 is enough. Exceeding above it could be too much for a novice trader.

I'm not very good at trading, but after reading a few articles, I might be able to give some tips.

1. For the first, know that knowledge is everything in trading. without it, you will only speculate without a strong foundation, it can make you disappointed in the future.
2. start with small assets. some people are in a hurry to trade large amounts to make a profit and when prices fall, they start to get stressed and disappointed. so to begin with, start using small assets.
3. avoid penny stock. do not be tempted by tokens that easily rise in price, so look for information about it.
4. realistic with the benefits that can be obtained. sometimes, someone who trades wants to get a profit of more than 100% of their assets. it will make you waste the opportunity you can get before the price goes back down.
5. stay calm and don't panic easily. Well, this is an important point when trading.

in a matter of time, you can start anytime.

The best way to actually start learning first before you have a mentor or a super trader that will out one through further training is to learn over the internet and as you said, bitcoin forum would also be a very good place to learn even though i didn’t learn through bitcointalk, and that was because I started trading before bitcoin talk started.

That was when Forex trading was still very hot before cryptocurrency trading through its volatility came to divert the attention of Forex traders to its forum, so aside bitcointalk, I leaned most of the basic things that I knew from the YouTube, that is where you have all the great trader that would teach you everything that you need to know from a to z. So, the OP can really try to check that area out and then read some contents on Google.

If you really want to be a trader, then what you need is not just tips🧐like seriously… where do you think you’re heading with tips? Tips are not enough for anyone that wants to be a trader. If you want to really be a trader then it requires you to make out time and study what needs to be studied about trading.

Trading is not something you study in just fee minutes , but you can cover up everything quickly on your free day when you have nothing doing. That way you can get to learn everything that needs to be known about trading and then you start your own trading. For now you will have to be relying on long term trading. Cryptocurrency looks a lot like forex/binary, but they are not the same, although some people will tell you that cryptocurrency is more easy.

But, if you ask me, I’d say that cryptocurrency is more difficult. Why I say that is because stocks and other things can be predictable, but cryptocurrencies are very hard to predict (some say it’s impossible), so how does that make it any easy than the other ones? Crypto trading a more difficult and I have seen people lose a lot of money, except now that exchanges now have Stop loss, it has been quite helpful in limiting the losses.

So, take your time, don’t think that just tips are enough for you to begin trading. You have to learn it, and if you have friends that are also into cryptocurrency trading and they agree to help you by teaching you , then that would be much better. That way you can watch them trade and learn from them. You can also trade with them while you practice, and once you get better you can decide to start up on your own. Good luck.

Try worthy trading platforms. Binance and coinbase are great, about kraken I doubt, and also you can use monfex

Why monfex?

At least because of transparent account activity and favorable trading conditions

Give please a link on it

First of all you have to be aware that you probably will lose some amount of money at the beginning while practicing and acquainting the crypto market. Generally it is a bit difficult topic, but there are so many useful articles, videos on Youtube etc. that will help to start and teach you basic. Later, when you will have some experience and knowledge you can use tools like Galaxy Score available on CoinDeal (http://link https://coindeal.com), it helps you to make decisions when to buy or sell particular coins. Good luck   

https://www.monfex.com

Trading, entails a lot - from acquiring the basic and necessary knowledge of trading; to direct application of the knowledge gained, towards developing a working strategy that can minimize your losses and maximize your profits; down to funding your account and start making profits in trades. All these, you will get to do and others in terms of experiences, you will get to know during the cause of your trading.

Great advice. The most important is to constantly gain knowledge, the internet is full of information about trading. Your experience is just a matter of time so be patient. In reference to the Galaxy Score - that is definitely helpful. I recommend you to register on CoinDeal and check out how Galaxy Score works.

One of the recipe for this is obviously to start small.
Don't be greedy because being greedy is a sure way to losing .
Then, trade the way it works for you and don't imitate others because you might not know their backup plan.

Lots of people here and I myself were helped by Google. There is no information someone would give you here that will be enough for you to start trading. You have to do the research by yourself, there are a lot of helpful articles you can find online if you take your time and dig deeper. There are some information that wouldn't come up if you don't put in the right keyword.

You can even go to YouTube and check out videos that teaches about trading and how you can trade cryptocurrency and try to learn technical analysis I believe it is going to contribute to your success, even if it's not much, it will still be worth it. I do see some people that say that learning technical analysis is a complete waste of time but I don't really think so.

If you get that knowledge you can also use it on other fields as well and not just only digital asset trading. You can decide to just HODL digital assets on a long term and then trade stocks on a daily and technical analysis will come in handy in that.

Capital and a little luck.
I started trading with small capital. find excitement in trading because our patience is at stake. emotions are part of trading and they must be controlled.

This will come in after op has learnt how to trade. Been on a good exchange does not mean being a skillful trader. You have to learn how to trade first and I think that is what the op has asked for. YouTube is a good place to start from.learning how to trade.

Coinbase is not available for all the countries so its not a good choice and they even have high fee compared to other exchanges like binance.

Yes trading on reputed exchange won't give profits but they have better choices to make money but they need to analyse chartd first for that people can use trading view.

But don't trust all the videos from youtube where lot of scums doing videos for making money.

Yes those platforms are worthy trading platform, but as worthy as they are, there is nothing much they can do for any user that does not have the right knowledge, skills and strategies to trade on their platform, except maybe there is also a provision on those platform like that of forex where you can give your money to top traders to trade for you at some certain percentage.

I think the first thing that the op needs to know first is the knowledge, he really needs to have a sound knowledge and because he still lacks the knowledge is why he does not know where to start from and how much t start with because when I was doing my own thorough training, it was in the cause of the training that I was advised on all these platforms to use and then the amount of money to start with.

Coinbase is not bad choice as an exchange if we consider the scam cases of new traders on small volume exchanges.
YouTube videos will help the trader to understand the basic principles of crypto trading but I don't advise to use this platform for taking recommendations for specific ICO. Paid advertising can mislead the inexperienced investors.

one thing missed, namely psychological management, which is very much needed in trading. as well as any analysis without based on good psychology, it will also lose. and for me regulating psychology is the most difficult, because every time the market has different conditions, sometimes we think prices are already low but prices are still down, therefore panic must be avoided

Coinbase don' have much coins as well to be traded so people will stick with less or no profits on that exchange if they really begin the crypto trading recently that is why exchange with more pairs and less fee need to be preferred.

Start by reading and learning at least the basics of trading cryptocurrencies. This field is as profitable as risky, so without good knowledge, the risk of losing your hard earned coins is high. Then invest small amounts in your first trades until you get a good experience, so you can increase your budget.

to become a trader maybe for beginners I suggest it's better to use $ 100- $ 200 maybe it can be used as a good choice because if you fail you will not experience a big loss. so I think you should use the $ 100 to choose the type of coin that has the right potential and is on the list of top 10 cmc to make it easier to do.

Trade on my sites for free...
you can only earn because you do not invest from your poket.
BUT...yes BUT...
if you earn not more than the other members earn in average,better stay away from trade platforms where you invest from your poket...
With my trading sites you learn and you earn...

My advice is you better use a small capital first, to avoid a lot of losses, because most beginner traders are more focused on profit rather than experience, and that's what makes new traders lose, and for you, don't do the same thing

First of all, you need to learn all the basics of cryptocurrency trading.  You need to have basic concepts of how to trade correctly, and already then start trying with a practical lesson, using a small amount of capital.  I am also interested in trading, but first I study everything in the possible information, because the knowledge that I have is not enough.  I traded on the exchange, but only selling those Coins that I had, But I want to learn how to make money through daily trading.