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Author Topic: What is the minimum amount to start as a trader?  (Read 21123 times)
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October 31, 2016, 12:45:13 PM
 #181

Im just starting  off  on trading and  i could say that we could actually start off trade on small amounts , dont intend to put directly  huge amount because  you would surely lose all of those  money because  trading isnt easy thing at all you would really need some  knowledge and skills  to be  profitable with ti. It would really takes time  but  still it worth for your time and effort when you already mastered it.

Exactly, if someone does not already have any knowledge or experience in trading they should probably starting with smaller capitals to first get to know all the things of trading and once they learn the things and get some experience then they should start with bigger amounts.
That's right if you do not have the knowledge and experience as beginner traders should start with a small the amount of first. Because the start of trading is learning, if the minimum the amount of it intended not to lose a lot if it fails. Because to be able to benefit in trade requires learning and it requires a process. If you have enough experience and knowledge might increase the amount of larger.
And I can recommend you to start at yobit, they have a variety of coins to trade and the more coins you trade the more experience you will earn as every coins needs different actions to be successful. You can increase your skills when you pay attention with your failure. The rule here is, it does not matter how many times you fall but how many times you rise.

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October 31, 2016, 05:23:10 PM
 #182

And I can recommend you to start at yobit, they have a variety of coins to trade and the more coins you trade the more experience you will earn as every coins needs different actions to be successful. You can increase your skills when you pay attention with your failure. The rule here is, it does not matter how many times you fall but how many times you rise.

Thats right, i use yobit too because they have a lot of coins to be traded and i like their user friendly interface because you can easily see the rise and drops of prices in the table and it is quite easy to use their website for trades, i'm not saying this because i'm using their signature but that is the truth, i really like it.
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October 31, 2016, 06:18:23 PM
 #183

It's clear in bitcoin you can start trading with small amount but if you want to earn huge profits then you have to start with a large amount as well.

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October 31, 2016, 06:52:39 PM
 #184

I do believe you can start with 0,02- 0,05btc, but before risk any money at trading you must know the risks of doing such, you may win well as you may loose all, as crypto world is always changing.
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November 01, 2016, 11:58:17 AM
 #185

Trading starting is not depend on minimize or maximize amount, It doesn't matter, matter is that if you can handle trading and know the basic skills and knowledge, than you know no problem to doing the trading, But better to start the trading with a small amount, only for try and check it out,  because when you gain experience then which amount you want to use in trading.

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November 01, 2016, 12:11:54 PM
 #186

I do believe you can start with 0,02- 0,05btc, but before risk any money at trading you must know the risks of doing such, you may win well as you may loose all, as crypto world is always changing.
actually 0.02 is just too much if OP is just about to learn how to trade,and there's no word win and lost it's not a gambling which is pure luckyness and you will get profit,not win

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November 01, 2016, 12:49:37 PM
 #187

I do believe you can start with 0,02- 0,05btc, but before risk any money at trading you must know the risks of doing such, you may win well as you may loose all, as crypto world is always changing.
actually 0.02 is just too much if OP is just about to learn how to trade,and there's no word win and lost it's not a gambling which is pure luckyness and you will get profit,not win
no , if you really want to learn you can always do create a demo account to try trade
the real trader will never wasting their time to trade small amount
you can become a trader even with 1 dollar capital
but come on think twice , never worth to your time.
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November 01, 2016, 06:06:09 PM
 #188

you can become a bitcoin trader with as low as 10.001 satoshi capital
thats right,10k is the minimal amount for Yobit exchange transaction
before tradding you got to read
read ALOT
but the key to success is practice,doesn't matter how much you know theorywise,there is a big difference between real trades and  demo accounts
bitcoin,unlike Forex,allows you to start with a very low amount and learn the ropes yourself

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November 01, 2016, 06:23:35 PM
 #189

you can become a bitcoin trader with as low as 10.001 satoshi capital
thats right,10k is the minimal amount for Yobit exchange transaction
before tradding you got to read
read ALOT
but the key to success is practice,doesn't matter how much you know theorywise,there is a big difference between real trades and  demo accounts
bitcoin,unlike Forex,allows you to start with a very low amount and learn the ropes yourself


I would try to save more than 10k sats. At least 50 dollars is a decent amount to start. Sure the cool thing about crypto is that you can deal with small amounts since the fees are really slow, but I wouldn't bother with less than 50 dollars to be honest.
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November 01, 2016, 06:30:16 PM
 #190

there is no minimum amount to be a trader . start with a small amount at first and as you gather some experiace try investing more but always be careful do not invesy a huge amount which you can not handle

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November 01, 2016, 06:33:51 PM
 #191

You must have at least 1 bitcoin to become a trader. It is not easy as you think. Trading requires a lot of skill and knowledge about the economy. And you also need a good internet connection to avoid any slow confirmations. Well, my father is a trader and he is very good at it

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November 01, 2016, 06:36:46 PM
 #192

It's clear in bitcoin you can start trading with small amount but if you want to earn huge profits then you have to start with a large amount as well.

That has sense. I also think that it is possible to start trading with any amount of bitcoins. It real true that there is difference between what amount of bitcoins you trade in and what profit you plan to get from it. So there is no minimum.
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November 01, 2016, 06:40:31 PM
 #193

You must have at least 1 bitcoin to become a trader. It is not easy as you think. Trading requires a lot of skill and knowledge about the economy. And you also need a good internet connection to avoid any slow confirmations. Well, my father is a trader and he is very good at it
Yeah 1 btc is good profit result but it is risky if you are just a newbie and i think it is better to start in small amount and try to scaleing up until you learn and experience how to trade.. until you discover how you can make a profit before you invest your 1 btc..
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November 01, 2016, 07:28:35 PM
 #194

You must have at least 1 bitcoin to become a trader. It is not easy as you think. Trading requires a lot of skill and knowledge about the economy. And you also need a good internet connection to avoid any slow confirmations. Well, my father is a trader and he is very good at it
Yeah 1 btc is good profit result but it is risky if you are just a newbie and i think it is better to start in small amount and try to scaleing up until you learn and experience how to trade.. until you discover how you can make a profit before you invest your 1 btc..

Use 1 bitcoin for trading i would consider an high waste and risk to start trading, i do believe something between 10- 50 dollars in value of bitcoin should be more then enought to start and then increase the number of coins in use.
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November 01, 2016, 11:51:08 PM
 #195

You can trade with very small amounts. The problem is that you can't make much profit until you have larger amounts like 1 bitcoin or more. Just start with whatever you have and you will see a gradual increase.

 
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November 01, 2016, 11:59:03 PM
 #196

You can start as low as you want, but there wont be too much option if you start with too low, the lowest amount i suggest is around 0.01, so you can have a bit option in trading alt coin, but with that amount you won't earn too much
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November 02, 2016, 01:04:48 AM
 #197

You can start as low as you want, but there wont be too much option if you start with too low, the lowest amount i suggest is around 0.01, so you can have a bit option in trading alt coin, but with that amount you won't earn too much
Yes, I also think that it can be started from 0.01 BTC. Well, most people who just know trading is very difficult to determine the initial capital they need, and they are also hesitant to start. So, the advice that I can give, perhaps you could start from the lowest nominal BTC.

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November 02, 2016, 04:02:21 AM
 #198

You can start as low as you want, but there wont be too much option if you start with too low, the lowest amount i suggest is around 0.01, so you can have a bit option in trading alt coin, but with that amount you won't earn too much
Yes, I also think that it can be started from 0.01 BTC. Well, most people who just know trading is very difficult to determine the initial capital they need, and they are also hesitant to start. So, the advice that I can give, perhaps you could start from the lowest nominal BTC.

You need to study first the world of trading in bitcoins and you can also ask advice from someone who do understand trading. No matter how much capital you invest in BTC for as long as you have good knowledge and prediction in the movements then it's guaranteed that you will earn / make a better profit from it.

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November 02, 2016, 05:19:40 AM
 #199

What is the minimum amount to start as a trader?
It will depend on what amount you have, even .01 is enough to trade but the more you trade the more it profits so much better if you have a higher amount to trade and you have to learn a lot to make more profit from experienced people in trading ask them some advises on how you will do it.
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November 02, 2016, 05:21:29 AM
 #200

for the first 20 btc you will swim in the whales mouth... as he decides when to eat...
Be a lucky fish, learn alot and don't get killed on your way and you might make it Wink
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