I have been thinking whether 0.005 btc is good enough to start but it is just for practice trading right, no matter, if you lose the profit at least you will gain experience. I start my trading in coinut and deposit 0.005 btc when it was around 12k USD. I stop my trading when the fluctuation causes traders to sell high.
Eventually, I am trying to read chart and still losing. I know I need to learn more, and I have tried to trade with altcoins with low price but not yet satisfied.
My question is what is the exact amount to start trading and how much profit will you earn. Give me example and I will evaluate.
Please answer my question professionally, I will delete answer with no connection to the topic.
Thank you. GODBLESS.
Starting with any amount that you can afford is acceptable,but the profits can never really be guaranteed..
Trading cheaper altcoins is more profitable than trading btc.lets say you gonna start with a $100 capital.
Btc current price $9k-btc needs to be $18k for you to make you profits 100%
$1 altcoin- $2 is more easier to reach to get 100% compare with btc.
Istarted trading with 0.5 btc wayback 2015..by that time im more focused on earning dollars rather than btc..lesson that i learned from that is when you do cryptocurrency trading you should be more focus building the quantity of your crypto rather than its dollar value.
Goodluck with you trading and wish you all the best.