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Author Topic: How much BTC is required for trade?  (Read 9306 times)
Mkmanik
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January 29, 2017, 02:36:15 PM
 #41

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.

For the beggening level 0.01 BTC is best for starting trade.Do not use all of your Bitcoin at a time on trade.First trade with small amount of BTC.Slowly increase your investment.Give lot of time and research about your coin.Without proper skill of trade you can't successful. Try to understand whats other doing.Follow them and do your own research. When you can realize that,you are perfect for trade , then invest your BTC .
Few days ago i have tried to join paxful with 50$ but i cant.Because their minimum requirement is 200$ worth of bitcoin.Dont know,what kind of trade you want to do.First read site rules and regulations carefully. Best of luck .
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January 29, 2017, 03:02:05 PM
 #42

I understand that when we lose the most reasonable amount, start with as much money as we will not worry.

What is the critical information we need to know when trading? Bitcoin's price keeps coming up and down. We can buy it at a lower price and sell it at a higher price. What are the problems waiting for us here?
Is USD/BTC sensible or altcoin trading?
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January 29, 2017, 03:27:51 PM
 #43

It looks like it is your first time to start the trade so you have to remain cautious about the coins in which you are investing and you do not need to spend much on starting the trade. Spend only the smallest amount which you can afford to lose and when you know that you can trade successfully then spend more bitcoins on trade.
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January 29, 2017, 03:31:12 PM
 #44

Depends. If you want to buy different coins. Some prefer 10k satoshis up worth of bitcoin to buy an altcoin. Yobit do that bevause they have a lot of coins that are registered there and mostly they are cheap so you can buy it for cheaper limit also. If you want to buy a newly created coin you can do it there.
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January 29, 2017, 03:37:56 PM
 #45

It looks like it is your first time to start the trade so you have to remain cautious about the coins in which you are investing and you do not need to spend much on starting the trade. Spend only the smallest amount which you can afford to lose and when you know that you can trade successfully then spend more bitcoins on trade.
Yeah, I think that for beginners it's never advised to start investing very large amounts of money. It is better to invest small amounts, and gain experience with small trades... over time, the trader will be able to make better projections in the market and will understand aspects that were previously seen as incomprehensible, increasing the chances of making better decisions.
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January 29, 2017, 03:39:39 PM
 #46

I always start my trading session for altcoins for as small as 0.1 btc / altcoin and so far it's been profitable. You don't need to have a large sum to begin trading alts. You just need to know what alts are good to trade and good to invest into and you're good to go.

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January 29, 2017, 03:44:41 PM
 #47

I understand that when we lose the most reasonable amount, start with as much money as we will not worry.

What is the critical information we need to know when trading? Bitcoin's price keeps coming up and down. We can buy it at a lower price and sell it at a higher price. What are the problems waiting for us here?
Is USD/BTC sensible or altcoin trading?

Just follow the trend if you have some active bitcoins on the exchange waiting for sell off. Since bitcoin price is volatile even for a seconds, a big price increase or decrease can happen. You don't need to watch the price 24 hours 7 days a week but there are some ways that a trader do so that they can deal easily when there is a price rally.

Some factors are when the price behaves unusual in the last 24hours. They can specualate that the price may moves a larger margin so they will closely watch now the price. Others also using some triggering alarm app so that it will prompt when a price hits a certain target set by those users. Once you are in this kind of activity always, you can create now your own way on how to deal with the price volatility of bitcoin.
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January 29, 2017, 03:45:57 PM
Last edit: January 29, 2017, 06:41:33 PM by mrjoy15
 #48

As much as you can afford.Huge investment ensure you big chance to make profit from trading but didn't forget skill thyself.
Trading is not so easy task as you thought ,you need to know how to get it started.Without proper guide line it will be getting more harder to harder so you must have good idea,pretty good knowledge about markets moreover you might have ensured your experience.
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January 29, 2017, 03:57:08 PM
 #49

It looks like it is your first time to start the trade so you have to remain cautious about the coins in which you are investing and you do not need to spend much on starting the trade. Spend only the smallest amount which you can afford to lose and when you know that you can trade successfully then spend more bitcoins on trade.
Yeah, I think that for beginners it's never advised to start investing very large amounts of money. It is better to invest small amounts, and gain experience with small trades... over time, the trader will be able to make better projections in the market and will understand aspects that were previously seen as incomprehensible, increasing the chances of making better decisions.
But he is saying that he want to earn dollar with that it means that he have experience in trading and now he want an amount with which he will be able to get a steady income for their living and will be able to support his family and support his future.
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January 29, 2017, 04:00:07 PM
 #50

It looks like it is your first time to start the trade so you have to remain cautious about the coins in which you are investing and you do not need to spend much on starting the trade. Spend only the smallest amount which you can afford to lose and when you know that you can trade successfully then spend more bitcoins on trade.
Yeah, I think that for beginners it's never advised to start investing very large amounts of money. It is better to invest small amounts, and gain experience with small trades... over time, the trader will be able to make better projections in the market and will understand aspects that were previously seen as incomprehensible, increasing the chances of making better decisions.
But he is saying that he want to earn dollar with that it means that he have experience in trading and now he want an amount with which he will be able to get a steady income for their living and will be able to support his family and support his future.
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January 29, 2017, 04:27:06 PM
 #51

I think it's good to start trading with small amount because you have no experience at all.So,I will suggest to start trading with that amount which you can afford to lose.Again,trading also depends on a good capital, a good capital will give you decent profit.But don't trade with that which you can't afford to lose.

that's right. just few so start with just $30 worth of btc to buy some coins that being pumped on yobit and from there you get to learn how to do it. and then compare the feel of it to some other exchange like bittrex and polo. pumped coins on yobit are the easiest to profit but then you have to be aware and careful so read the trollbox.

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January 29, 2017, 04:54:05 PM
 #52

As much as you can afford.Huge investment ensure you big chance to make profit from trading but didn't forget skill thyself.

Yeah, based upon the investment one can afford can make a big profit. Trading is effective when you learn from your experience. Moving based upon the strategies of someone will not get desired profit.

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January 29, 2017, 05:04:57 PM
 #53

I understand that when we lose the most reasonable amount, start with as much money as we will not worry.

What is the critical information we need to know when trading? Bitcoin's price keeps coming up and down. We can buy it at a lower price and sell it at a higher price. What are the problems waiting for us here?
Is USD/BTC sensible or altcoin trading?


There are many things you need to know to succeed in the negotiation, I will not tell you here because this is a secret and it is part of my strategy. But knowing technical analysis helps a lot

Makes trade of:

BTC/USD
 
It's simpler and "safer".

If you want to trade altcoins, I recommend that you read a lot about altcoins, if you do not want to have huge losses



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January 29, 2017, 05:17:44 PM
 #54

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.

It depends on how you are willing to invest into that trading site. But I know as long as you have enough bitcoin and can afford an alt coin.

Then you are in and most of the trading sites does implement that rule, you just need to deposit any amount you can.

And it depends if there are coins you can already buy with your deposited bitcoin.

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January 29, 2017, 07:07:05 PM
 #55

You can start with very small amount, like it's already been said most trading sites don't require some minimum amounts to deposit. So start with amount you feel comfortable with and that you can afford to lose so that you feel the market and the rules, to get some experience and trading skills and then with time enlarge the amount.

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January 29, 2017, 11:33:14 PM
 #56

You can start with very small amount, like it's already been said most trading sites don't require some minimum amounts to deposit. So start with amount you feel comfortable with and that you can afford to lose so that you feel the market and the rules, to get some experience and trading skills and then with time enlarge the amount.

That's the right thing to do initially go with a smaller amount and after gaining experience and spending enough time on trading site you can go with a higher amount and you need to be very careful while choosing a coin as there are many scam coins which may disappear in fraction of minutes.

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January 29, 2017, 11:55:09 PM
 #57

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.

It is advisable to start with a small amount and that will be the part to adapt and learn in trading. There is no minimum amount

but I think you should start with a 0.01BTC. Of course it depends on you trade only with an amount you can afford to lose so if you

are hesitating to risk that amount you are free to lower it because when you're just new to trading it is normal to make a lot of

mistakes like I did.

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January 30, 2017, 02:07:30 AM
 #58

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.

you should start with at least 0.01 bitcoins
you could start with as low as 10k satoshi on Yobit.com to try it out,but to be able to make some profit (or lose horribly Smiley  )
it is best to start with a low 8-10$ amount in bitcoins
of course,if you are an experienced trader,forex or stockmarket
you should be fine with larger sums

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warwar
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January 30, 2017, 02:18:58 AM
 #59

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.

you should start with at least 0.01 bitcoins
you could start with as low as 10k satoshi on Yobit.com to try it out,but to be able to make some profit (or lose horribly Smiley  )
it is best to start with a low 8-10$ amount in bitcoins
of course,if you are an experienced trader,forex or stockmarket
you should be fine with larger sums

Well as a newbie or not really an earner or you just have a low amount of bitcoi  0.01 is too big you can start lower than that because you should first learn and experience what trading is . I do agree on you. Sort of 10k is okay
marcoman22
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January 30, 2017, 03:13:13 AM
 #60

You can even start trading with 0.01 Btc.Better start with small amounts first.Without experience, if you invest more, you would end up loosing your investment.First read the ANN thread of altcoins which you are going to invest.Know who is the founder, what is its marketcap and who are its big investors.As yoy gain experience, you could invest more and trade.
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