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Author Topic: Minimum to start on trading  (Read 17668 times)
EdenHazard
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July 14, 2016, 09:31:29 AM
 #201

In Forex binary you can start with 0.0005 BTC, so it is not too much. In ordinary Forex, min. is around 0.01 BTC.  Wink

Curious to know which forex broker you do binary trading. I often do binary trading on secondstrade. I may wanna try it this time and install their platform.
I kept learning forex lately so may i should start on binary until i get to learn to earn pips.

i guess HeroCat mean are fiat forex broker not bitcoin.

in bitcoin binary indeed there is low amount bet allowed , but in most of fiat binary trading there is limit $5 minimum to start trading. so maybe bitcoin binary are newbie friendly rather than fiat binary trading.

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PuraPuraBego
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July 14, 2016, 09:38:04 AM
 #202

Nothing it''s for Minimum to start on trading. But if you trying trading with small amount may you will take small profits, if you trading for big amount may you can hit big profits. But things more for trading there have big risk too, not realy trading will be have ensure you can profits.
Goodluck Buddy for it Smiley
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July 14, 2016, 10:10:21 AM
 #203

The Minimum To start Your trading career will be like 100$ because when you will trade than you will hardly make upto 0.5% or 0.7% everyday if you played it right and it will consume a lot of time
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July 14, 2016, 11:33:15 AM
 #204

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.

What you said right. But before that he should know the basic knowledge of trading. After attaining knowledge than he can start with any amount, definitely he will see the results.BTC
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July 14, 2016, 12:41:27 PM
 #205

I think 0.1 mbtc is enough to start in trading, but if you start low amount on trading absolutely your profit or losses is also low. 

That is right but if someone do not have big amount to trade or someone is not expert in trade and want to invest only a least amount so that they learn then I think that amount is much better and after that when he/she earn some amount or learn about trade then they can invest more in there.
LucioTan
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July 14, 2016, 01:12:07 PM
 #206

I think 0.1 mbtc is enough to start in trading, but if you start low amount on trading absolutely your profit or losses is also low. 

That is right but if someone do not have big amount to trade or someone is not expert in trade and want to invest only a least amount so that they learn then I think that amount is much better and after that when he/she earn some amount or learn about trade then they can invest more in there.

Well 0.1 mbtc is a good start also. Especially if you are just practicing the strategies on trading, having small amount of loss is great compared to starting at high investment without knowing what you are doing. In effect, small investment= small profit. I suggest you start trading small amounts and then as time passed, try to make that a little higher until you become familiar with the platform then it is the right time to have a larger investment and start trading higher amounts.
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July 14, 2016, 01:23:10 PM
 #207

The Minimum To start Your trading career will be like 100$ because when you will trade than you will hardly make upto 0.5% or 0.7% everyday if you played it right and it will consume a lot of time
But $100 it's a huge amount for a newbie without any experience in them and for the profitable from there is not be a predictable by someone. it's unstable sometimes will get a better profit maybe also not getting anything from there. but getting more than 1% for every day it's not impossible.

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July 16, 2016, 10:19:19 AM
 #208

Some newbie are very rich. They might be newbie in bitocin, but they are very experienced in trading.
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July 16, 2016, 11:57:26 AM
 #209

I think 0.1 mbtc is enough to start in trading, but if you start low amount on trading absolutely your profit or losses is also low. 

That is right but if someone do not have big amount to trade or someone is not expert in trade and want to invest only a least amount so that they learn then I think that amount is much better and after that when he/she earn some amount or learn about trade then they can invest more in there.

Correct. I started from small amount also. Just trading,losing some time I gain. What is important is the learning. As you learn, it builds your confidence and when you're confident enough you can make a bold mode. Smiley Its fun but take note, trading is also risky.

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July 16, 2016, 01:14:42 PM
 #210

you could start trading with less money. but will most likely be very difficult for you to feel the benefits you get, so it may be better to start with a little more bitcoin. 0.1 BTC may be enough to feel the benefit of playing trading if you really can analyze altcoin prices going up or going down
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July 16, 2016, 01:36:17 PM
 #211

you could start trading with less money. but will most likely be very difficult for you to feel the benefits you get, so it may be better to start with a little more bitcoin. 0.1 BTC may be enough to feel the benefit of playing trading if you really can analyze altcoin prices going up or going down

some people even started with nothing really. they just join some signature campaign of an ICO to which they get bounties for about 1K and start trading with it. but yes its true the succession rate still is lesser as compare to having experience with trading altcoins. there are lots of traders these days and most of them get to troll and spread FUD to get coins from other traders.

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July 16, 2016, 05:32:39 PM
 #212

depending on the income you want to achieve in such trading
but if you need a lot of capital bitcoin trading capital of 1 bitcoin only produce little let alone a small capital
but if trading in capital altcoin 0.01 bitcoin is enough to start trading
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July 17, 2016, 01:33:43 AM
 #213

no minimum for trading. You can use whatever money you have. but it is the difference is the amount of income that you will earn. the greater your capital will certainly make you more profitable.
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July 17, 2016, 02:33:38 AM
 #214

no minimum for trading. You can use whatever money you have.
That's true no minimum requirement amount in trading, there are some people is say in trading have a minimum requirement for to do that it's just bullshit. the minimum, maximum or another form it's just a size to measure the experience and knowledge the people in trading and how many profit they can get. but starting trading it's never needed a minimum requirement or limited amount.

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July 17, 2016, 02:50:55 AM
 #215

The Minimum To start Your trading career will be like 100$ because when you will trade than you will hardly make upto 0.5% or 0.7% everyday if you played it right and it will consume a lot of time
But $100 it's a huge amount for a newbie without any experience in them and for the profitable from there is not be a predictable by someone. it's unstable sometimes will get a better profit maybe also not getting anything from there. but getting more than 1% for every day it's not impossible.
It depends on how deep the pockets of the newbies are.

For one person $100 is a low amount to test their trading journey with, and for the other $500-$1000 is a small amount to begin with.

Back in the days I also started with around $100 in order to find out what trading is and how it works.

It was enough for me to trade around 3 months with it, where my balance after these 3 months was just over my initial $100.

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July 17, 2016, 03:46:23 AM
 #216

The best approach is to look for trading sites with very low fees, then you will be able to do something reasonable with your satoshis.

Okcoin.com: Allows you to trade for free at the start then charges build up with time, however you'll need a bank account in China to withdraw to fiat.
Coinbase: It charges 1% for buying/selling
Snapcard.io: It charges 0.5% for buying and selling

Do a research on exchanges that won't gulp all your capital.
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July 17, 2016, 04:06:14 AM
 #217

Based on my experince. My first initial capital in trading os 0.01btc only. Because i know im just a beginner so that if i lose  it is not too much. And now i invested 1btc in yobit and seems have a nice profit. Big capital has big profit and vice versa.


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July 17, 2016, 06:44:13 AM
 #218

I start on trading 0.005 bitcoin in c-cex trading i trade in altcoins in hotspair i get in short trade they called short because if you have profit 5-10 satoshi  you need it to sell in short time so in that time after one week my 0.005 capital they get into 0.03. So i earn in 2 months i got earn 1 bitcoin in trading.
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July 17, 2016, 09:23:57 AM
 #219

You must start on big amount to gain big profit. The good amount would be 0.5- 1 btc i guess just dont forget that even in trading theres also a risk on losing all your money just observe the pumps and dumps. Just keep it in mind that you must buy a certain coin to its possible lowest price then sell it to the highest possible price then youll get profit on it. You can do short or long trades its up to you.

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July 18, 2016, 03:53:44 AM
 #220

You must start on big amount to gain big profit. The good amount would be 0.5- 1 btc i guess just dont forget that even in trading theres also a risk on losing all your money just observe the pumps and dumps. Just keep it in mind that you must buy a certain coin to its possible lowest price then sell it to the highest possible price then youll get profit on it. You can do short or long trades its up to you.

yeah, only if you are an experienced trader with a lot of experience then you should start with a big amount to trade. but most of users that you see here are new to trading and have no idea what a orderbook is and you say start with 1BTC in something you don't know anything about!
instead you have to start small and make your mistakes before putting a lot of money in.

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