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Author Topic: Minimum Amount To Start Trading?  (Read 22110 times)
ronaldo40
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August 23, 2016, 05:30:14 PM
 #81

I will be using LocalBitcoins, if I have 0.5 BTC I can sell up to 85% of that in my own advert then the rest on another person's advert. Is there a way to make a profit this way? Or is 0.5 simply not enough to start with?

Don't worry 0.5BTC is enough to start trading bitcoin to fiat or also altcoins to bitcoins.

I consider more stable trading fiat to bitcoin and vise versa because the price is more stable comparing with the altcoins which the price or will go much higher or much lower.

By the time you will understand the concept of trading and tips and tricks, and gradually increase the amount of bitcoin and you will get good profit.

it depends if you want to get big profits in a short time, trade altcoin very good, but it is high risk. but if you want a safer, bitcoin trading is safe, the price is very stable and profits are also not much(depends on capital)

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August 23, 2016, 06:31:53 PM
 #82

0,5 bitcoin is ok to start trading but be careful you can loose it all in a second

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August 23, 2016, 08:53:35 PM
 #83

You definitely can start trading with 0.5BTC and make profit. You could handle many casual transactions with that. People prefer to return to the same provider on LocalBitcoins if they are satisfied with him. Just do not expect too much profit at once! However, you could increase the amount you can offer by time and you too will become more experienced and obtain higher profit per transaction.

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August 23, 2016, 08:54:17 PM
 #84

0.5 btc is a decent amount as JJ said--I would definitely not risk that much trading shitcoins or even speculating on the price of bitcoin.  I'd buy and hold, but there are many different birds in the forest.  One of the great things about these exchanges, like Yobit and Poloniex is that you can start really, really small.  Like a few cents is all you need.  Try doing that in the stock market with $10 or more commissions for each buy or sell order.  Forget it. 

So anyway, good luck.  But as others have said, trading anything crypto is super risky.  Be careful.
yes there is no doubt about this that 0.5 is a good amount for trading, but to if you are going to invest a good amount its mean that you are minimizing the price risk of losing your money, therefore more investment mean less risk of loosing money.
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August 23, 2016, 10:18:00 PM
 #85

0,5 bitcoin is ok to start trading but be careful you can loose it all in a second

You won't lose 0.5btc in a second if you take the time to study the price fluctuations of the coin for some days prior to investment. Even if a fluke occurs and the price starts to plummet, you can quickly sell the ones you have and make little profit.

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XERES
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August 24, 2016, 05:20:25 AM
 #86

I will be using LocalBitcoins, if I have 0.5 BTC I can sell up to 85% of that in my own advert then the rest on another person's advert. Is there a way to make a profit this way? Or is 0.5 simply not enough to start with?

Don't worry 0.5BTC is enough to start trading bitcoin to fiat or also altcoins to bitcoins.

I consider more stable trading fiat to bitcoin and vise versa because the price is more stable comparing with the altcoins which the price or will go much higher or much lower.

By the time you will understand the concept of trading and tips and tricks, and gradually increase the amount of bitcoin and you will get good profit.

it depends if you want to get big profits in a short time, trade altcoin very good, but it is high risk. but if you want a safer, bitcoin trading is safe, the price is very stable and profits are also not much(depends on capital)
If you don't want to risk it too much you can trade with any stable coins like doge,ltc,xmr that very stable and less risk but it's still much better trading with altcoins we can cut lose anytime if you feel the coins will be down. But who knows, the point is all still risk like bitcoin it was down 20% when bfx hacked.

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August 24, 2016, 08:58:10 AM
 #87

If you are only starting to trade, you can try to trade a small amount, 0.01 or less than that,  just for the sake of practice.  You can try the litoshi market to even lessen the lost while you are learning.  Some of this coin are mooncoin, and othe billion to trillion coins.  Then you can increase your fund if you are getting the hang of it.

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August 24, 2016, 05:59:43 PM
 #88

If you are only starting to trade, you can try to trade a small amount, 0.01 or less than that,  just for the sake of practice.  You can try the litoshi market to even lessen the lost while you are learning.  Some of this coin are mooncoin, and othe billion to trillion coins.  Then you can increase your fund if you are getting the hang of it.

Instead I would just suggest try it on a platform which lets you do it for free. There are many practice platforms in the market which let you trade on free credits on  a live market so you still can practice well.
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August 24, 2016, 07:55:11 PM
 #89

I will be using LocalBitcoins, if I have 0.5 BTC I can sell up to 85% of that in my own advert then the rest on another person's advert. Is there a way to make a profit this way? Or is 0.5 simply not enough to start with?

Don't worry 0.5BTC is enough to start trading bitcoin to fiat or also altcoins to bitcoins.

I consider more stable trading fiat to bitcoin and vise versa because the price is more stable comparing with the altcoins which the price or will go much higher or much lower.

By the time you will understand the concept of trading and tips and tricks, and gradually increase the amount of bitcoin and you will get good profit.

it depends if you want to get big profits in a short time, trade altcoin very good, but it is high risk. but if you want a safer, bitcoin trading is safe, the price is very stable and profits are also not much(depends on capital)

Both of them contain lots of risk because both of their prices are very unstable.

We know that altcoins price/exchange rate is pretty much depended from bitcoin price but including the pumps and dumps from the devs makes them unstable.

Better is to have a stable income rather than a huge profit and huge loss.
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August 25, 2016, 01:19:44 AM
 #90

If you are only starting to trade, you can try to trade a small amount, 0.01 or less than that,  just for the sake of practice.  You can try the litoshi market to even lessen the lost while you are learning.  Some of this coin are mooncoin, and othe billion to trillion coins.  Then you can increase your fund if you are getting the hang of it.

Instead I would just suggest try it on a platform which lets you do it for free. There are many practice platforms in the market which let you trade on free credits on  a live market so you still can practice well.

Can you state that site that have free credits to practice trading?  Maybe you should paste it here so OP aswell as newbies knows that there are site like that where they can practice,  and in the other facts for starters better trade with little amount that you can afford to lose and focus on some little coins that you like and if you already know the market flow well you can move on and upgrade to select new trades.


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September 11, 2016, 08:19:57 AM
 #91

If you are only starting to trade, you can try to trade a small amount, 0.01 or less than that,  just for the sake of practice.  You can try the litoshi market to even lessen the lost while you are learning.  Some of this coin are mooncoin, and othe billion to trillion coins.  Then you can increase your fund if you are getting the hang of it.

Instead I would just suggest try it on a platform which lets you do it for free. There are many practice platforms in the market which let you trade on free credits on  a live market so you still can practice well.

You can do trading the bitcoin in some Chinese exchanges with 0% fees. The volume there is also very big.
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September 11, 2016, 08:39:23 AM
 #92

People ask all the time "is it enough". Well there isn`t minimum amount for starting, there is just simple calculation, how much money you invest that much profit you can make. That isn`t something that needs to hold you, starting from small is just make your way to get rich a bit longer.
Good things is that you choose trading btc with fiat, then with crypto currencies. That is very hard to predict, market is full with coins and its not easy to find right coin for investing. Don`t do it if you don`t have good source of information.



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September 11, 2016, 10:51:30 AM
 #93

0,5 bitcoin is ok to start trading but be careful you can loose it all in a second

I agree 0.5 is a decent amount to start with trading.  But trading bitcoin to fiat money is retty slow.  If you have time try to study altcoin trading because it is where the crazy trading be found.  A single 0.5 BTC can earn you 5 BTC in a shor period of time if  you are lucky enough to invest in an altcoin that have a lot of potential and very popular at its early stage.

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September 11, 2016, 12:31:23 PM
 #94

I will be using LocalBitcoins, if I have 0.5 BTC I can sell up to 85% of that in my own advert then the rest on another person's advert. Is there a way to make a profit this way? Or is 0.5 simply not enough to start with?

I think it is a normal amount, now you should start with it, actually in the start it is better to use the small amount, when you gain good experience than invest it more, because most of the hidden things are here in trading, when you invest in it than you know how you should take transaction on the time, if you miss the right time, it mean you have lost.
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September 11, 2016, 01:16:19 PM
 #95

no miniumum amount you start trading
but if you can trading bitcoin pair fiat money you can must much capital money if you want much profit
but in trading bitcoin pair altcoin you can star trading with small and few capital money
you can start 0,01 bitcoin or under 0,01
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September 11, 2016, 04:16:54 PM
 #96

I will be using LocalBitcoins, if I have 0.5 BTC I can sell up to 85% of that in my own advert then the rest on another person's advert. Is there a way to make a profit this way? Or is 0.5 simply not enough to start with?

Yeah, which amount you have it is better to do trading, not less and also not enough, you know trading is risky like gambling so better is that you should start with a small amount and when you feel you can manege more amount in trading and than should do it, it is good for you.

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September 11, 2016, 07:14:07 PM
 #97

i think that 0.5 amount is very enough for trading , if you should start trading from 0.5 i am sure you will get a good profit because trading have too much low risk so you can start trading easily with that amount.
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September 12, 2016, 05:20:24 AM
 #98

yes you can surely start trading from 0.5 Bitcoin and i do not think that 0.5 bitcoin is less amount for to start trading and i am sure you can get a maximum profit through trading by 0.5 Bitcoin .

to start trading, it is not about the profit in the beginning but instead it is more about keeping the risks as small as possible while learning how to trade. and that takes time and some wasted money to make the mistakes and lose some money first because of making a bad trade, or trusting a scam ponzi scheme altcoin. but after that you become more confident and you can invest more and think about profit then.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 12, 2016, 08:22:27 AM
 #99

I am a newbie and i want to trade. I also want to know if how much amount should i trade as a newbie. right now i have .001 is this enough or not for a beginner in this business and what coin should i buy thanks.

No that's by far not enough and you should aim for 0.5 for good trading capital, next step is to gain more knowledge before you trade or youll lose it all. No one can tell you what to buy etc there's no step by step guide to trading.
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September 12, 2016, 09:06:29 AM
 #100

yes you can surely start trading from 0.5 Bitcoin and i do not think that 0.5 bitcoin is less amount for to start trading and i am sure you can get a maximum profit through trading by 0.5 Bitcoin .

to start trading, it is not about the profit in the beginning but instead it is more about keeping the risks as small as possible while learning how to trade. and that takes time and some wasted money to make the mistakes and lose some money first because of making a bad trade, or trusting a scam ponzi scheme altcoin. but after that you become more confident and you can invest more and think about profit then.

Maybe will more concise if all of that is mix into 1 sentences for getting and learning about your past experience but all of your said is correct, because in fact all of you said is happened in my life and good motivator sentences.

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