maokoto (OP)
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October 12, 2015, 03:10:28 AM |
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For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.
Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
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jacee
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October 12, 2015, 03:14:26 AM |
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For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.
Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
You refer in trading alt coins? If you want profit from trading you should consider starting with a higher amount of coins to start. You won't gwt anywhere with your 10k satoshi. Indeed some sites has huge fees so you will only lose with that. Consider maybe starting with 0.01 btc. Also make sure you know how the trading life works.
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maokoto (OP)
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October 12, 2015, 03:32:25 AM |
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For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.
Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
You refer in trading alt coins? If you want profit from trading you should consider starting with a higher amount of coins to start. You won't gwt anywhere with your 10k satoshi. Indeed some sites has huge fees so you will only lose with that. Consider maybe starting with 0.01 btc. Also make sure you know how the trading life works. Thanks for the feedback. I mean trading alts, btc... trading in general. Do not know much about trading, but after reading the forums for a while, and seeing mainly the old tip "buy low sell high" and almost nothing more, I have come to think that the best way to learn is starting trading with small amounts. I thank you for providing an estimate (0.01 BTC). Most people would go "it depends" and all that. Any more opinions?
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jacee
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October 12, 2015, 03:41:06 AM |
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For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.
Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
You refer in trading alt coins? If you want profit from trading you should consider starting with a higher amount of coins to start. You won't gwt anywhere with your 10k satoshi. Indeed some sites has huge fees so you will only lose with that. Consider maybe starting with 0.01 btc. Also make sure you know how the trading life works. Thanks for the feedback. I mean trading alts, btc... trading in general. Do not know much about trading, but after reading the forums for a while, and seeing mainly the old tip "buy low sell high" and almost nothing more, I have come to think that the best way to learn is starting trading with small amounts. I thank you for providing an estimate (0.01 BTC). Most people would go "it depends" and all that. Any more opinions? Well I only trade every now and then. Never really get the hang of it, but I do trade only one alt coins. I'm not mentioning here. So what I do, like what they've said buy low sell high, do not sell too high tho. Also do not be fooled with those ROM (rise only market) coins. I tried them once and got blinded with a really high profit but then if you are not fast ebough to act, you wont get any from it. Always monitor the price of the coins that you are trading. Do not buy coins with less than 0.1% volume it's a dead coin. The higher the volume is the more likely you will get profit. Also try buyin on a site where you can get a coin much cheaper then sell it to another exchange site with a higher selling price. Trading is only a matter of patience. LOL. Goodluck!
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maokoto (OP)
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October 12, 2015, 05:07:54 AM |
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I have made very small trades, mainly BTC for LTC or Doge, and got a profit sometimes. Do not trust much other coins. But the profit has been very small amounts of satoshis. That is why I was asking.
May I ask the coin you trade?
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neonshium
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October 12, 2015, 05:43:19 AM |
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If your main concern was small amount to kick start trading, then you must start with alternate crypto-currencies. With alt coins you can trade for bitcoin. This would eliminate your risks in greater degree. But we need to follow the buying pressure and some chart patterns to make our trades more successful.
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maokoto (OP)
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October 12, 2015, 05:59:39 AM |
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If your main concern was small amount to kick start trading, then you must start with alternate crypto-currencies. With alt coins you can trade for bitcoin. This would eliminate your risks in greater degree. But we need to follow the buying pressure and some chart patterns to make our trades more successful.
I would like to learn about those chart patterns. But almost every time I ask something, I get the "buy low sell high" thing, that everybody knows. Even searching in the forum I get pretty much the same. Thanks for your post too.
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Amph
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October 12, 2015, 06:25:49 AM |
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i would try with one btc, and trade 1/100 of it every time and see how it go, if there is a good profit, i can increase that amount depend on profit, with x2 profit i would go x2 on the next trade, etc...
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neonshium
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October 12, 2015, 07:31:04 AM |
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For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.
Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
You like trading with alt-coin ? My advice you can start with higher amount like 0.01 BTC or higher and your goal 0.02 BTC a day. Because 10k satoshis is to low to start trading and it is easier to lose. I do not see any advantages for staring with higher amount. When a trader trades for a goal on daily basis. He will feel the pressure for making profits. So, we must need trade for with out any short term targets. Calm mind can make good trades. Starting with minimum investment can guarantee a calm mind set.
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Mickeyb
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October 12, 2015, 10:52:55 AM |
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For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.
Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
You like trading with alt-coin ? My advice you can start with higher amount like 0.01 BTC or higher and your goal 0.02 BTC a day. Because 10k satoshis is to low to start trading and it is easier to lose. I do not see any advantages for staring with higher amount. When a trader trades for a goal on daily basis. He will feel the pressure for making profits. So, we must need trade for with out any short term targets. Calm mind can make good trades. Starting with minimum investment can guarantee a calm mind set. Yes, don't force it. When you force trades, you will make mistakes and lose money. When I used to trade, I started with 1 BTC. That was an OK amount for me and even if the exchange went bust, I would live with it. This is something you need to be aware of. When you trade, you leave coins on the exchange. That means that if someone hacks the exchange, your coins are probably gone. Just another risk of trading. Than go with the flow. Don't force. What you make daily with this 1 BTC you make!
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maokoto (OP)
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October 12, 2015, 01:02:03 PM |
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Thanks for all the replies. I am taking good note of them.
I know it is not easy to make an estimate, but with cloudmining, pos coins and the like, I have calculated that I can do about a 0.1 % daily (1 sathoshi per thousand invested). It is easy to make that on average by trading without risking too much?
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tech_solutions
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October 13, 2015, 03:39:51 PM |
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if you want to earn good you have to invest nearly 1 BTC then only i think you can see some 20% profit minimum
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zazarb
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October 13, 2015, 03:54:46 PM |
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if you want to earn good you have to invest nearly 1 BTC then only i think you can see some 20% profit minimum
any 1 BTC any 10 BTC the amount is not guaranteed profit, if you trade btc-altcoin. Wherewiththe higher amount the more you can lose
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hunnaryb
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October 13, 2015, 04:31:10 PM |
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The amount you trade depends on your willingness to lose money. However, if that's covered, then you should look at the volume of the asset you intend to trade and try to stay lean.
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Ceizer54
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October 13, 2015, 05:26:39 PM |
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For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.
Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?
Simple,the more bankroll you have to start trading the more you can profit but as you are saying you want to start with just 10k satoshi then i am afraid you won't be in profit because i don't think you can trade with such low amount because of the various exchanges fees and bitcoin network fees. I would advice start with minimum 0.01 bitcoin to earn atleast 10k satoshi per day easily with forex
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Anmol_Verma
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October 13, 2015, 06:50:49 PM |
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The minimum is depend on you.you can start trading for as low as 0.001 bitcoin but it depends on the pair you trade like btc/doge you can trade with as low as 0.00000500 btc.
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Nrcewker
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October 14, 2015, 05:51:37 AM |
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your denominated in units turned out to be satoshis... I think if you make profits from trading, at lease 0.1 btc to start.
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absy
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October 14, 2015, 06:21:53 AM |
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From my experience i think the minimum you must invest is atleast 50k satoshis . and have an aim to double it in a week.
I usually buy small coins in bulk and wait for them to raise a bit and sell them off.
Ex: DOGED coin 5 satoshis per coin.. i will buy 50000/5 coins that is 10k coins.. in morning
In evening i will sell them if price has increased by even 1 satoshi.. 6 *10k will give me 60k satoshi .. so i got 10k profit in a day..
But be carefull .. if the coin looses its value . you will suffer loss.. look at the background of coin and distribution and then trade.
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gentlemand
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October 14, 2015, 01:38:54 PM |
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Start off with an amount you don't care about. Chances are it'll go up in smoke. It takes a long, long time to conquer standard human behaviour when it comes to trading.
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StevenLiang
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October 14, 2015, 04:23:49 PM |
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i would try with one btc, and trade 1/100 of it every time and see how it go, if there is a good profit, i can increase that amount depend on profit, with x2 profit i would go x2 on the next trade, etc...
His question is for minimum BTC on trading.. 1 BTC is quite big, and i usually use your methods too in trading BTC/USD. If you asking me how minimum BTC for trading, my answer is there are no minimum or maximum. If you just have 100,000 satoshies, then you can trade it too. But to sell them in small amount, of course you just get small money or $.
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