Zadicar
Legendary
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Activity: 1498
Merit: 1025
DGbet.fun - Crypto Sportsbook
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January 28, 2017, 08:51:45 AM |
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Just as suggested above 0.01 would really be enough on doing trading for the very first time and you should done it with knowledge so that funds or money would not be lost so easily because trading is not easy as it sounds you will need knowledge in order to perform that.Remember those things like basic knowledge in trading.
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talkbitcoin
Legendary
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Activity: 1372
Merit: 1032
All I know is that I know nothing.
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January 28, 2017, 11:28:59 AM |
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making 0.01BTC into a 0.1BTC is a 10x rise and that is a common thing with altcoins mostly but the problem here is that you can not possibly know anything about them as a novice trader to make that much and if you just go in by chance you will never make that much consistently, maybe once or twice but that can never last. instead of wanting to earn big profits such as 900-1000% try to learn to trade and make 5% for now and then move on to bigger objects.
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Question123
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January 28, 2017, 12:18:13 PM |
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I think the best minimum amount to start trade is 0.1 for beginners only . That amount spread to 10 altcoin for each altcoin 0.01 bitcoin. But I don't think the payout is low only. Before I started trade amount of 0.5 bitcoin and happy because I earn everyweek from trading. I also recommend make a lot of research to become successful trader most of the beginner trader are failed because they did not do a research .
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xuan87
Legendary
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Activity: 1666
Merit: 1001
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January 28, 2017, 12:37:02 PM |
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the question is not how much BTC is required to trade but what how much profit that you want, the bigger your capital the bigger profit you are going to get, but if you are still beginner it's the best that you start from small amount to learn the basic, for starter I suggest 0.01 to learn how to trade properly
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ImHash
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January 28, 2017, 12:47:03 PM |
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Each person has different expectations, what is your's? do you want to trade for the sake of just earning? or does it matter how and from where the profit is coming? there are not many legit coins to trade and those legit ones can produce real profit even if it's a few satoshis. I started from $3 and made it to $10 in first day of my trading.
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asyakashi
Sr. Member
Offline
Activity: 1974
Merit: 256
Vave.com - Crypto Casino
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January 28, 2017, 01:08:55 PM |
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What is the minimum amount of BTC required to trade on Exchange sites? Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
I think for starters big capital is very risky. because trading requires careful analysis, so the experience is needed. 0:01 minimal enough for the learning phase
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FasTroy
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January 28, 2017, 01:17:55 PM |
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What is the minimum amount of BTC required to trade on Exchange sites? Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
I think if you start with 0.01 btc it's really good for beginners. Even if you lose you can learn and get some experience about digital trading, I don't advice you to begin with a high amount, It's too risky. Anyways, you can increase you skills and experience with time, And one day you can be a good trader and you can make a great profit.
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noel2123
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January 28, 2017, 03:05:35 PM |
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What is the minimum amount of BTC required to trade on Exchange sites? Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
I think if you start with 0.01 btc it's really good for beginners. Even if you lose you can learn and get some experience about digital trading, I don't advice you to begin with a high amount, It's too risky. Anyways, you can increase you skills and experience with time, And one day you can be a good trader and you can make a great profit. For me, I think it about what do you want for your earnings, if you want a large amount of earning, then you go to the large capital, on the other side, if you only want short term or small earning, then you go for .01 btc investment. It all about your skills and strategies when will you going on your investments.
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Idrisu
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January 28, 2017, 03:06:37 PM |
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Yea 0.01 btc I think that it is best to deposit and split that to 5 parts and buy fastest growing altcoins and then sell them later is my best trading strategy which work really easy and I am hope that i will become rich with that strategy one day.
I hope you will be rich. You have a different strategy. How long can I take the main money to 10 times after starting with 0.01 BTC? 0.01 BTC yi 0.1 Is it possible to do BTC? If so, how long can it be done? I also want to ask the same question. 0.01bt to me is a very little capital to start with, I will advice you should start with minimum 1bt and follow his example, you will hardly lose your money if you play the games very well. Another advice I will add are: Any altcoin that you will buy must have volume above 100btc, you should also have you money management policies in place incase the trade go against your position.
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Golftech
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January 28, 2017, 03:13:55 PM |
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What is the minimum amount of BTC required to trade on Exchange sites? Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
I think if you start with 0.01 btc it's really good for beginners. Even if you lose you can learn and get some experience about digital trading, I don't advice you to begin with a high amount, It's too risky. Anyways, you can increase you skills and experience with time, And one day you can be a good trader and you can make a great profit. For me, I think it about what do you want for your earnings, if you want a large amount of earning, then you go to the large capital, on the other side, if you only want short term or small earning, then you go for .01 btc investment. It all about your skills and strategies when will you going on your investments. that's right mate the bigger capital that you have the better chances of earning good because even in a small percentage in a day shift trade you already gaining good like for example if you have 1btc initial investment and you able to short 10 percent increase that's already .1btc in a day trade alone what if you can do that in a daily basis.
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scarface
Sr. Member
Offline
Activity: 350
Merit: 250
Spectiv VR Crowdsale: 12/08/17
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January 28, 2017, 03:16:52 PM |
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What is the minimum amount of BTC required to trade on Exchange sites? Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
I think if you start with 0.01 btc it's really good for beginners. Even if you lose you can learn and get some experience about digital trading, I don't advice you to begin with a high amount, It's too risky. Anyways, you can increase you skills and experience with time, And one day you can be a good trader and you can make a great profit. For me, I think it about what do you want for your earnings, if you want a large amount of earning, then you go to the large capital, on the other side, if you only want short term or small earning, then you go for .01 btc investment. It all about your skills and strategies when will you going on your investments. that's right mate the bigger capital that you have the better chances of earning good because even in a small percentage in a day shift trade you already gaining good like for example if you have 1btc initial investment and you able to short 10 percent increase that's already .1btc in a day trade alone what if you can do that in a daily basis. Yeah if you want to feel some profits then 1 btc is a decent capital to start off and you can get some good profits even with a small fluctuations but you need to take care that you choose a right coin for trading at a right time and if you successfully do that then you can expect some good profits in return.
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Bitcotalk
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January 28, 2017, 03:22:43 PM |
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What is the minimum amount of BTC required to trade on Exchange sites? Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
There was another thread for this question but his goal was to learn so I suggested to start with the lowest value while your goal is to earn dollars mean you want t earn a good income from trade and fr that you want to know that how much value will you require to take a rich start then I will suggest you to take the start with at least 1 BTC or more than that but only if you are expert in trade and in that condition try to expand your trade to more assets.
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Periodik
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January 28, 2017, 03:26:24 PM |
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There is no minimum and maximum amounts. It depends on your goal. You want to be a full time trader? A part time trade? A long term or a short term trader or maybe both? Since you are asking this question then I believe you are new to crypto market which means you needs time to practice and study yet? If that is the case then start low and trade amount that you afford to lose. Later on you will realize what amount you need for your gain targets.
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Carmen_Sandiego
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January 28, 2017, 03:30:28 PM |
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I think this will depend on the amount of money you need to live. This will also depend on your trading skills as this will interfere with the percentage of earnings you will get. Some users say twenty Bitcoins, others say thirty Bitcoins. I've seen users comment that it's normal for good traders to get about 3 % a month. Under such conditions, I think in fact it would take a lot of money to earn a living from trading.
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tiggytomb
Legendary
Offline
Activity: 1848
Merit: 1000
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January 28, 2017, 08:50:33 PM |
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Simple answer, depends on the coin and the exchange and how much bitcoin you have, remember the golden rule, only gamble / invest that which you are happy to lose.
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ironm@n
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January 28, 2017, 09:43:53 PM |
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The number of Bitcoins you'll need to trade, if you intend to earn living from it, is something that will depend on different factors, such as the cost of living in your country, the monthly earnings that you think you need to have a good life, the type of market (which can be BTC/Fiat or BTC/altcoins market) and your skills in the market.
Some users say they can get good results with fifteen or twenty Bitcoins, but there are many variables, so I dont think I could give you a precise number. It would probably be best for you to do your own research based on these factors to know how many you might need.
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meelvanchris
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January 28, 2017, 09:56:59 PM |
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I think this will depend on the amount of money you need to live. This will also depend on your trading skills as this will interfere with the percentage of earnings you will get. Some users say twenty Bitcoins, others say thirty Bitcoins. I've seen users comment that it's normal for good traders to get about 3 % a month. Under such conditions, I think in fact it would take a lot of money to earn a living from trading.
He is a new to bitcoin world so its recommended not to start with big capital as he need to gain experience first so it is advisable to start with a small capital at initial stage so even if he makes loss then it won't hurt him and it will give him an learning experience and will make him a better trader in future.
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notech
Newbie
Offline
Activity: 31
Merit: 0
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January 29, 2017, 01:28:48 PM |
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You have to calc how much you plan to earn then how much to risk. But don't forget, always risk what you are able to loose!
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pinkpanther03
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January 29, 2017, 01:29:04 PM |
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What is the minimum amount of BTC required to trade on Exchange sites? Our goal is to earn dollars. At least how much BTC should start with trading on Exchange sites.
When I was a beginner in this industry, I never put any investment to buy bitcoin in any exchange neither altcoins too. I just really started in bitcoin faucets, games which you can earn bitcoin, and joining signature campaign. Then when I received bounty form the campaign I do trade were the coins is listed in the trading platform. And 0.001 BTC/satoshi is enough for a newbie in yobit, or in novaexchange.
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royalfestus
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January 29, 2017, 01:46:41 PM |
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Experience will teach you. if u lose in a project u put a lot and profit in a project u put a little then you will know better how to manage the risk and learn about each project. It is better to start with a project early,at low price and have a target. Start with what is affordable.
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