enhu
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Activity: 2492
Merit: 1018
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December 07, 2015, 01:54:21 PM |
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I'd probably start with about 3btc or more before going into trading, it seem like you can't feel the amount earned with small amount as capital. It does seem like earning just about $25 per inflation isn't worth the wait you did.
Well for a serious trader one must have a quiet big amount to start on trading world as it will take you to much noticeable progress if you gain or loss. With only a small amount you can't really see clearly how your progress is going on. What if one has no big amount like that? I sugggest one to start doing small trades at fair amount and all returns including the capital , i said ALL, must used and rotate in order to have a much earnings every successful move and after you gain a quiet big amount just used all of it to start on big trades. Really time consuming and one must need patience. I don't see how much you can gain in btc trading unless you wait for the pump but unlike doing it with forex, you just need $200 and a leverage to which you can earn a $1 per pip. A single movement in a day depending on the pair may reach up to a hundred pip to which you can earn about $100 as well. this of course if you can bid at the right time. Honestly in my BTC trading history, I don't need to wait for a price pump just to make profit. It's a rule of buying coins in a dip situation. I didn't set any low target price that much like others always did and now stuck up waiting for nothing. I really make a quiet profit up to now and gains some coins after a "patience" method. Depend to the kind of system you have. Some are scalpers bid and exiting an open position in a minute time frame even before it starts retracing and this can mean gain to them. They can do this the whole day to which I believe we can't in btc trading.
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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December 07, 2015, 02:05:30 PM |
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I'd probably start with about 3btc or more before going into trading, it seem like you can't feel the amount earned with small amount as capital. It does seem like earning just about $25 per inflation isn't worth the wait you did.
Well for a serious trader one must have a quiet big amount to start on trading world as it will take you to much noticeable progress if you gain or loss. With only a small amount you can't really see clearly how your progress is going on. What if one has no big amount like that? I sugggest one to start doing small trades at fair amount and all returns including the capital , i said ALL, must used and rotate in order to have a much earnings every successful move and after you gain a quiet big amount just used all of it to start on big trades. Really time consuming and one must need patience. I don't see how much you can gain in btc trading unless you wait for the pump but unlike doing it with forex, you just need $200 and a leverage to which you can earn a $1 per pip. A single movement in a day depending on the pair may reach up to a hundred pip to which you can earn about $100 as well. this of course if you can bid at the right time. Honestly in my BTC trading history, I don't need to wait for a price pump just to make profit. It's a rule of buying coins in a dip situation. I didn't set any low target price that much like others always did and now stuck up waiting for nothing. I really make a quiet profit up to now and gains some coins after a "patience" method. Depend to the kind of system you have. Some are scalpers bid and exiting an open position in a minute time frame even before it starts retracing and this can mean gain to them. They can do this the whole day to which I believe we can't in btc trading. I forgot to state that Im doing a direct trade from the exchange itself and not on by placing orders by others (well Im doing this too but I focus on direct trade).This is a special feature that our local exchange have.
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Newcoins2020
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December 07, 2015, 03:49:52 PM |
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20.000 satoshi doesn't seem like much right now. If you're going to hold for a long time this will be okay to trade for. But if you're looking for a quick small profit, I think you'd have to buy more than that.
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bitart
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December 07, 2015, 09:07:33 PM |
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I'd probably start with about 3btc or more before going into trading, it seem like you can't feel the amount earned with small amount as capital. It does seem like earning just about $25 per inflation isn't worth the wait you did.
Well for a serious trader one must have a quiet big amount to start on trading world as it will take you to much noticeable progress if you gain or loss. With only a small amount you can't really see clearly how your progress is going on. What if one has no big amount like that? I sugggest one to start doing small trades at fair amount and all returns including the capital , i said ALL, must used and rotate in order to have a much earnings every successful move and after you gain a quiet big amount just used all of it to start on big trades. Really time consuming and one must need patience. I don't see how much you can gain in btc trading unless you wait for the pump but unlike doing it with forex, you just need $200 and a leverage to which you can earn a $1 per pip. A single movement in a day depending on the pair may reach up to a hundred pip to which you can earn about $100 as well. this of course if you can bid at the right time. And of course if the trend turns opposite you, you can also lose $1 per pip. If you don't use stop, it can be a huge loss. Leverage is a double edged sword or similar... But if you have good strategy and you can stick to it, you can win also
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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December 07, 2015, 11:39:56 PM |
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I'd probably start with about 3btc or more before going into trading, it seem like you can't feel the amount earned with small amount as capital. It does seem like earning just about $25 per inflation isn't worth the wait you did.
Well for a serious trader one must have a quiet big amount to start on trading world as it will take you to much noticeable progress if you gain or loss. With only a small amount you can't really see clearly how your progress is going on. What if one has no big amount like that? I sugggest one to start doing small trades at fair amount and all returns including the capital , i said ALL, must used and rotate in order to have a much earnings every successful move and after you gain a quiet big amount just used all of it to start on big trades. Really time consuming and one must need patience. I don't see how much you can gain in btc trading unless you wait for the pump but unlike doing it with forex, you just need $200 and a leverage to which you can earn a $1 per pip. A single movement in a day depending on the pair may reach up to a hundred pip to which you can earn about $100 as well. this of course if you can bid at the right time. And of course if the trend turns opposite you, you can also lose $1 per pip. If you don't use stop, it can be a huge loss. Leverage is a double edged sword or similar... But if you have good strategy and you can stick to it, you can win also Lol of course downside trends are normal. If that's doesn't happen then everyone will not suffer loss for a lifetime lol. That's why there are some wise and suggested moves to prevent and minimize huge loss.
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kyrios_
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December 08, 2015, 12:38:56 PM |
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20.000 satoshi doesn't seem like much right now. If you're going to hold for a long time this will be okay to trade for. But if you're looking for a quick small profit, I think you'd have to buy more than that.
Depends on what you are trading
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vilain
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December 11, 2015, 12:11:24 AM |
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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.
I would also add: make sure trading is not your only investment option. You should also consider the time you spend trading, reading about it, getting up do date with the economy... It's time you could use in something that would be, eventually, more profitable.
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ThePlan
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December 11, 2015, 01:23:35 PM |
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If you want to test your trading strategy, you can use small amount of money. If you want to make profit, you have to invest meaningful amount of money justify your time.
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King tyga
Newbie
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Activity: 56
Merit: 0
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December 11, 2015, 11:05:02 PM |
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If you want to test your trading strategy, you can use small amount of money. If you want to make profit, you have to invest meaningful amount of money justify your time.
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t309
Legendary
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Activity: 1946
Merit: 1000
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December 11, 2015, 11:06:11 PM |
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I like the rule, you should start with salary for 1 month!!! if you lose money is not much impact on your life.
I have never heard of this rule before. And that's probably because it's nonsense. People should simply invest what they can afford, and what they surely know they don't need the comming years. For you it might be $1000 and for the other it's just $100, even when his salary is around $900 or more. in other words, you can invest as much as you can afford to lose and do not regret.
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bitart
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December 11, 2015, 11:40:56 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.
I would also add: make sure trading is not your only investment option. You should also consider the time you spend trading, reading about it, getting up do date with the economy... It's time you could use in something that would be, eventually, more profitable. It's like you have a great daily job with high salary and the salary depends on the time you work on it. In this case you will be better hire a gardener, cleaning lady, go to a restaurant to eat something instead of trying to do these things on your own and try to save money on the above mentioned things. It's just doesn't worth the time, because instead of trying to cook yourself a three course meal you can do some business and with the same time invested you can earn much more money compared to the money you would save on the restaurant bill. So if you have a different opportunity to earn more money, think it twice that you really want to start this.
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lahm-44
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January 08, 2016, 04:25:24 PM |
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Well to earn big you have to invest more but here i think you are putting money just to learn how things work so 20k satoshi is a fair amount well i have tryed my trading skills with as low as 100k satoshi and yes i did many loss but today i am a successful trader i can do upto 15-20% profit in a month
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Rude Boy
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January 09, 2016, 12:02:50 PM |
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if you invest more, your return will be more as well as your loss. so invest how much you can afford to loss otherwise don't ever try trading.
And yes more or less all exchanges having set 10k sat as the minimum trade amount. so if you've good trading/speculation knowledge, you can get returns from that 10k sat too.
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KenR
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January 09, 2016, 01:44:45 PM |
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I think if you are really serious about the trading,you should get over satoshi's because the outcome won't be as good and there is not much you can expect out of satohsi's but satohsi's.If you can somehow wait and manage to make atleast 0.20btc you can expect good results in trades.Moreover people don't really like to trade for such low amounts as satoshi's.
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rickadone
Legendary
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Activity: 1176
Merit: 1024
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January 09, 2016, 07:42:12 PM |
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Like gambling, for trading also it would be recommended to have fair enough initial investments to flourish in bitcoin trading. I believe some 100 mBTC would be a better amount to start trading.
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lixer
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January 09, 2016, 07:50:19 PM |
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I think if you are really serious about the trading,you should get over satoshi's because the outcome won't be as good and there is not much you can expect out of satohsi's but satohsi's.If you can somehow wait and manage to make atleast 0.20btc you can expect good results in trades.Moreover people don't really like to trade for such low amounts as satoshi's.
True as small amount satoshis can't earn you enough unlike one full BTC. A serious trader needs to take risk and I feel not 0.2 but atleast 0.25 BTC should be the minimum as then the profit margin would be $10. Trading for below $10 isn't worth as the price takes time to rise and exchange websites charge fee as well for each withdrawal.
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zPanda
Member
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Activity: 104
Merit: 10
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January 10, 2016, 04:15:48 AM |
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Well it all depends on how much you have anyways.
But usually I start with 0.1
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fuathan
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January 12, 2016, 12:52:03 AM |
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I started with 100k satoshi and now it is going well...
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altcointrader25
Newbie
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Activity: 42
Merit: 0
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January 12, 2016, 05:21:16 AM |
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Just paper trade for a month or two. After that, you can start trading small amounts and work up from 0.01 to 1+ btc.
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rik3
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January 12, 2016, 05:47:20 AM |
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I think with 1,00,000 satoshi you can have a better trading starting and have a noticeable profit.. And some experience is also necessary for a good starting.i also had started with some satoshis only and by on other side with other earnings.. I suggest you to start on yobit.net which gives some free coins at a time period..
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