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Author Topic: What is the minimum amount to start as a trader?  (Read 21123 times)
carlerha
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November 20, 2016, 06:56:55 PM
 #281

You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.

And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading.  With this amount he can buy some cheap coins, those ltc market or dogecoins market.  At least even if he lost this amount, it won't affect him that much.

It will be better if a newbie will only start with the amount of 0.001 BTC and that will be a great start even he doesn't have knowledge. And that amount is affordable to lose for a starter in trading. But you should buy the cheaper coins but has the chance to pump in the future because a lot of nonsense coins are coming out.
i think it depend on the experience and skill of trading if the newbie has a good experience of trading and having good skill then he can really invest good amount of bitcoin in trading and can really make good profit from it.
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November 20, 2016, 09:45:12 PM
 #282

You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.

And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading.  With this amount he can buy some cheap coins, those ltc market or dogecoins market.  At least even if he lost this amount, it won't affect him that much.

It will be better if a newbie will only start with the amount of 0.001 BTC and that will be a great start even he doesn't have knowledge. And that amount is affordable to lose for a starter in trading. But you should buy the cheaper coins but has the chance to pump in the future because a lot of nonsense coins are coming out.
i think it depend on the experience and skill of trading if the newbie has a good experience of trading and having good skill then he can really invest good amount of bitcoin in trading and can really make good profit from it.
yes that is a fact to me there is not a fixed limit for starting a business, in bitcoin you can start business from any amount of bitcoin, no matter how small is it, but still you can get an opportunity to start a business with.

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November 21, 2016, 08:35:06 AM
 #283

You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.

And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading.  With this amount he can buy some cheap coins, those ltc market or dogecoins market.  At least even if he lost this amount, it won't affect him that much.

It will be better if a newbie will only start with the amount of 0.001 BTC and that will be a great start even he doesn't have knowledge. And that amount is affordable to lose for a starter in trading. But you should buy the cheaper coins but has the chance to pump in the future because a lot of nonsense coins are coming out.
i think it depend on the experience and skill of trading if the newbie has a good experience of trading and having good skill then he can really invest good amount of bitcoin in trading and can really make good profit from it.
The most important factors for trading is the knowledges and experiences, if you haven't had it, as much as any of your capital will run out for trading. I think trading does not need a large capital, enough with 1 btc if you experts you could profit 100% only a day.
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November 21, 2016, 08:41:06 AM
 #284

The bigger amount is better and good for trading, but I've only with a capital of 0.01 btc can already altcoin trading, and could benefit 3 times only in 2 days, but I can not repeat again.
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November 24, 2016, 01:53:27 PM
 #285

The bigger amount is better and good for trading, but I've only with a capital of 0.01 btc can already altcoin trading, and could benefit 3 times only in 2 days, but I can not repeat again.

This is not always the rule of thumb. Suppose that the altcoin that you invested into has been pumped up, then the bigger investments would surely be better because you would have greater profit. But on the negative side, if that altcoin decreased, then you would tell yourself that you should've not invested that big amount in altcoin tradings. Basically just the same thing as when you're gambling. Even if you do small chunks of a big amount, when the price decreased, you'd still regret it. Start using big amounts when you're experienced enough not when you're just starting in trading.

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November 24, 2016, 02:36:33 PM
 #286

In trading you don't need to have big amount to start in trading since i have a friend and his willing to become a trader and then i offered him or give him 0.01 bitcoin and now his a pro and earning approx 0.023 bitcoin daily and this is really good and his teaching me what to do so in trading.
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November 24, 2016, 03:14:51 PM
 #287

What is the minimum amount to start as a trader?
As a trader and i will going to tell you something when i was a newbie i don't know where to get a starting money for trading since i do not know this forum yet and im earning bitcoin from faucets and then i started to collect them even altcoins and then i learn about trading and i started with 0.002 capital until i grow them and it's really amazing.
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November 24, 2016, 04:54:39 PM
 #288

It all depends on your style of trading..
If you are a beginner then better start with a small amount and learn the things.
I started with 0.01 and lost much at start.. Slowly and steadily learnt everything..  Smiley

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November 24, 2016, 05:01:00 PM
 #289

In trading you don't need to have big amount to start in trading since i have a friend and his willing to become a trader and then i offered him or give him 0.01 bitcoin and now his a pro and earning approx 0.023 bitcoin daily and this is really good and his teaching me what to do so in trading.
Dude,you're funny.So you're telling me you loaned a guy some amount and he is making twice of it on daily basis meanwhile you're just sitting here spamming forum for some satoshi's ? No way! You need to rethink life mate.

It all depends on your style of trading..
If you are a beginner then better start with a small amount and learn the things.
I started with 0.01 and lost much at start.. Slowly and steadily learnt everything..  Smiley
There is no "style" of trading.There are strategies and methods.Also,speaking factually,no one starts trading with 0.01 bitcoins.Consider the margins and you can see for yourself how much time you would be wasting learning jack.Instead,spend more time reading stuff and learning statistics.
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November 25, 2016, 02:10:26 AM
 #290

The bigger amount is better and good for trading, but I've only with a capital of 0.01 btc can already altcoin trading, and could benefit 3 times only in 2 days, but I can not repeat again.

i don't think it will success for everybody which is new in trading because we know that in out there, many people start their first trading with only less than 0.01 btc and they can make much of bitcoin from trading. i think its because they can make small profit for first time and they can do this for consistent and make their capital more bigger and in the end, they can make bigger profit from trading.

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November 25, 2016, 07:07:48 AM
 #291

You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc.  It is important to study about trading first but after all practical knowledge is the best so try and try.

This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience.

And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading.  With this amount he can buy some cheap coins, those ltc market or dogecoins market.  At least even if he lost this amount, it won't affect him that much.

It will be better if a newbie will only start with the amount of 0.001 BTC and that will be a great start even he doesn't have knowledge. And that amount is affordable to lose for a starter in trading. But you should buy the cheaper coins but has the chance to pump in the future because a lot of nonsense coins are coming out.
i think it depend on the experience and skill of trading if the newbie has a good experience of trading and having good skill then he can really invest good amount of bitcoin in trading and can really make good profit from it.
Yes, it will be completely depending on the knowledge of the person who already has a good exposure in trading then he can be good with bitcoin for trading, at the same time if he is a forex/commodity trader and still he has not experience of trading in bitcoin he must start with a little amount of bitcoin. Relevant experience is more important.
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November 25, 2016, 01:24:17 PM
 #292

The bigger amount is better and good for trading, but I've only with a capital of 0.01 btc can already altcoin trading, and could benefit 3 times only in 2 days, but I can not repeat again.

i don't think it will success for everybody which is new in trading because we know that in out there, many people start their first trading with only less than 0.01 btc and they can make much of bitcoin from trading. i think its because they can make small profit for first time and they can do this for consistent and make their capital more bigger and in the end, they can make bigger profit from trading.
LOL i think there's none of categories which everyone succes on it. trading with big amount will not drive everyone to success but only for few and skilled ones. as you know if the people who doing trading with small amount can make consistent earning for daily why they can't with bigger amount for trading?

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November 25, 2016, 01:47:13 PM
 #293

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

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November 25, 2016, 02:36:56 PM
 #294

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.

Correct. It requires some efforts on how to deal on each altcoin. The good thing is this alts wants some popularity too so they post their introductions here in bitcointalk and some more information regarding to what you will be investing it with.

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el kaka22
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November 25, 2016, 03:38:21 PM
 #295

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.
Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.

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lol3c
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November 25, 2016, 04:04:04 PM
 #296

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.
Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.
I agree with you. The more capital you willing to use, the more money you may lose in trading. Trading requires a lot of skill and experience from traders so if you are a smart person, you can easily earn profit from trading with a small capital. There are many trading experts who can make $10 to $100
raven7886
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November 25, 2016, 06:14:54 PM
 #297

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.
Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.
I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.
Mark02
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November 25, 2016, 08:37:12 PM
 #298

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.
Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.
I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.

Any amount will be possible to start trading. But I advice to start like 0.03 Bitcoin because if you have a higher capital. Your profit will be much higher also. But if you really don't have that much bitcoin. 0.001 is good enough also as a starter. But, it will take some time before it grows. So be patient.
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November 25, 2016, 09:43:21 PM
 #299

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.
Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.
I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.
as i am too good in gambling therefore i will like to invest my bitcoin in gambling, although people are thinking that gambling is one of the most diffcult way of making money but still i have fully confidence on myself that i can make money in gambling, as i have some good skill of gambling and the important factor is that i am a lucky person ans have already made good profit.

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wxa7115
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November 25, 2016, 11:01:53 PM
 #300

Being successful in trading doesn't depends either small or big amount that you will invest. As long as you know how to make a successful trade then it will be fine. Trading is risky but you can minimize it if you let your self study and learn the process.
Yes, that is the reason there is no common thumb rule on minimum capital amount requirement for a successful trading. A skilled trader will manage into maximum profits from small initial capital itself. But, we are here discussing about new traders, for them some less than $50 would be enough capital for both bitcoin trading and altcoin trading.
I am glad I had started my trading even less then $50. I just invested 0.1 BTC when bitcoin prices was trading around $240. It means I managed to be successful with my trading with less then $25 as trading capital.

I am still sticking with only altcoin trading and I do not prefer to go for bitcoin/usd trading as it might require more capital amounts. I'm just making my own technical analysis, that might be the prime reason I have survived with my minimum capital amount.
as i am too good in gambling therefore i will like to invest my bitcoin in gambling, although people are thinking that gambling is one of the most diffcult way of making money but still i have fully confidence on myself that i can make money in gambling, as i have some good skill of gambling and the important factor is that i am a lucky person ans have already made good profit.
That depends on what you mean by investing in gambling, if you mean investing in a casino bankroll then make sure you spread your investment among several casinos so if one of those casino disappears then you don't lose all your money, on the other hand if what you mean is that you want to gamble then that is very difficult and most likely you are going to lose all your money.
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