Rockie1234
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February 11, 2017, 03:31:37 PM |
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The annoying thing about trading, especially bitcoin trading, is that you have to put in a large amount of money to get anything worthwhile out. For example, let's say you bought 0.01btc (at the current price that's about $10). Imagine something crazy happened, and bitcoin went up $100 in price. You only made $1! And since trading is risky, it's just silly to risk your balance in one go (let's say you had 0.1 btc just as an example). My advice is to have at least 0.5btc before you even consider trading to make money (before then you can trade as practice, but don't expect to make a good profit).
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Superzpay
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February 11, 2017, 03:42:12 PM |
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The annoying thing about trading, especially bitcoin trading, is that you have to put in a large amount of money to get anything worthwhile out. For example, let's say you bought 0.01btc (at the current price that's about $10). Imagine something crazy happened, and bitcoin went up $100 in price. You only made $1! And since trading is risky, it's just silly to risk your balance in one go (let's say you had 0.1 btc just as an example). My advice is to have at least 0.5btc before you even consider trading to make money (before then you can trade as practice, but don't expect to make a good profit).
You are right for a professional we need a high income for taking the start to earn a good income from trade the lower amount of bitcoin will not be the amount which a person will think that it will give him some profit for the living with. The lower investment is only for learning purpose.
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Potato Chips
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February 11, 2017, 07:32:56 PM |
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Even veterans trade a small amount if the situation calld for it thats why you can't determine if the trader is a veteran or a
beginner based on the amount they risk. As you have said in the OP "It would be appropriate to start with an amount that a
newcomer would not be worried about when he lost in trade" which is partially correct because it is not only newcomers are doing
but mostly everyone because it has become one of the must do tings in trading. If you want to earn big then risk big but you
should know its consequences if you ever failed.
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raven7886
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February 11, 2017, 09:37:49 PM |
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Even veterans trade a small amount if the situation calld for it thats why you can't determine if the trader is a veteran or a beginner based on the amount they risk.
You must be right. Capital amounts that we are going to invest will not decide our experience. Maybe some people are still thinking like they can trade 100 bitcoins after they gain some experience with trading. But only with experience that they will come to know about the facts of real risk and how secure it would be if staying with small capital all the times.
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rvbtccom
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February 11, 2017, 10:50:49 PM |
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Hello, I think with my experience that you dont need a big amount to start trading in forex, for me i started trading with 100$ and after one month the first month my profits more then 300$ without any experience but now iam trading with a big amount so we can say that the amount of BTC required to trade is not importent but change how much you can earn with the risk how you will take it in the forex trading you must be very carfull and you can start trading with demo account to see hkw much you can earn with thee deposited amount
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Skarner21
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February 11, 2017, 11:30:50 PM |
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For professional trading i think for smart way if you dont want to lose a lot in trading you should start in small amount and scale up your profit and turn it into big amount.. there are some professional in trading that actually making a good profit and starting in small amount for being smart they are turning it into huge amount.. and scaleing up.. you dont need to invest a large amount in trading since its to risky if you are just invest it into one trading site.. you know mtgox and other trading site before. that is why better to spread with small amount..
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Make crypto as your bank.
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JeffBrad12
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February 12, 2017, 12:10:21 AM |
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For professional trading i think for smart way if you dont want to lose a lot in trading you should start in small amount and scale up your profit and turn it into big amount.. there are some professional in trading that actually making a good profit and starting in small amount for being smart they are turning it into huge amount.. and scaleing up.. you dont need to invest a large amount in trading since its to risky if you are just invest it into one trading site.. you know mtgox and other trading site before. that is why better to spread with small amount..
Spreading into a little part of the amount. It's a good part. but every market has provided the different volatility. And it can make it less. But you can see how the whale always trades with his big amount in a place and not to divided it. To reach the maximum profit.
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ImHash
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February 12, 2017, 12:24:08 AM |
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You know professionals don't need to ask such a thing and when you are one you'll no longer have the time to spend on forums when there are only 21m bitcoins and not all accessible yet, but still if price changes just $1 dollar then we are talking about at least $10m profit or loss. why 10m? because not all 16.5m coins are active or in circulation. So you can now imagine why sometimes when price goes above $1100 it starts to drop fast? that is the big traders selling +500k coins in short period of time.
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jeraldskie11
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February 12, 2017, 11:17:46 AM |
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Professional trader need a lot of money to be trade. He knows the strategy and techniques about trading because he had already a experience on trading then he study also an article about trading even but it depends on what he choosed. Even he is a professional trader he cannot control the swing movement on the currency that he traded.
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naidray
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February 12, 2017, 01:41:10 PM |
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Professional trader need a lot of money to be trade. He knows the strategy and techniques about trading because he had already a experience on trading then he study also an article about trading even but it depends on what he choosed. Even he is a professional trader he cannot control the swing movement on the currency that he traded.
Do not imagine that the professional traders are down to earth people. They also must be similar to us and would have started trading like what we had done. So, there would be no special characteristics a professional trader will be having other than some dedicated experience. I mean to say there will be only some reasonable capital viable for a professional trader not in imaginary levels.
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iqlimasyadiqa
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February 12, 2017, 01:47:46 PM |
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of course there is the bare minimum required. a professional trader usually spend a lot of money, because he wants to quickly and also a lot of benefit. profeesional trader has a reserve fund amount to more. most of them have had extraordinary experiences.
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Blackdeath
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★Bitvest.io★ Play Plinko or Invest!
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February 12, 2017, 01:49:18 PM |
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Professional trader need a lot of money to be trade. He knows the strategy and techniques about trading because he had already a experience on trading then he study also an article about trading even but it depends on what he choosed. Even he is a professional trader he cannot control the swing movement on the currency that he traded.
I thinkn in order to be a professional trader, you have to read a lot of books not just article. Yes, you need to trade huge amount of money to bbe considered as professional traders. As market is unpredictable, none of traders would know when does one corrency will go down or up. However, they know how to handle those conflict. They know what is needed to do when it's not the right time for them to trade
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the.jack20 (OP)
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February 13, 2017, 02:30:30 PM |
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what do you mean by a professional trader because that definition can change everything. you may consider someone who always makes a profit a professional trader or you may consider someone who is making a living with trading a professional trader.
for the first definition you obviously can have any amount of bitcoin as your balance and make profit on that an withdraw the profit taking small risks.
but for the second definition you certainly need a lot more. but in the end it depends on how much you need to earn as profit? 1 or 5BTC profit and what percentage you need to earn per month? for example if you can make 30% profit each month and want to make 2BTC profit you will need 6.66BTC
How do you determine these amounts? So how did you determine the 30% profit? Can another person make a profit of 60% per month? Then this person can earn 2 BTC per month using 3.33 BTC. What is maximum monthly profit?
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kidoseagle0312
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February 14, 2017, 09:00:31 AM |
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In general, the minimum amount of BTC required to trade is said. It would be appropriate to start with an amount that a newcomer would not be worried about when he lost in trade.
What is the amount of BTC needed for a professional trade? How much is needed to get high profits. To be able to trade some strategies need to be able to apply. What is the amount of BTC that can meet the strategies required for a high boiler?
In my experience before I became a trader, I remembered I was started here from nothing to something, Yes its true. Before I always think how can I have bitcoin? I don't have any in my pocket, then I started in bitcoin faucets, study and learn what I did. And for us to become a professional trader, it doesn't necessary if you are expert or not, as long as you have balance in your bankroll where you can start from small to big capital just thing significant is you are able to do some trade in the platform.
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Vaccinus
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February 14, 2017, 11:15:57 AM |
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what do you mean by a professional trader because that definition can change everything. you may consider someone who always makes a profit a professional trader or you may consider someone who is making a living with trading a professional trader.
for the first definition you obviously can have any amount of bitcoin as your balance and make profit on that an withdraw the profit taking small risks.
but for the second definition you certainly need a lot more. but in the end it depends on how much you need to earn as profit? 1 or 5BTC profit and what percentage you need to earn per month? for example if you can make 30% profit each month and want to make 2BTC profit you will need 6.66BTC
How do you determine these amounts? So how did you determine the 30% profit? Can another person make a profit of 60% per month? Then this person can earn 2 BTC per month using 3.33 BTC. What is maximum monthly profit? you can determine with experience, if you see that in the long run you have 30% profit per month, you can tell that this is your average profit, about maximum profit i don't think there is any because of luck you can do 1000% also but you can also lose the same amount, from what i've read here and in other forum professional traders have a very high bankroll and they use a small % for trading, this % increase if they have a long good run
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daringdiscovered
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February 14, 2017, 11:28:40 AM |
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If you can call yourself a professional trader then you can start with a bigger capital but an amount you can also afford to lose. Trading is very unpredictable. And even if you are already a pro trader you can still lose. It is not good if you use all of your money in trading. It will give a serious problem in your life if you lose all your money to it.
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senyorito123
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February 14, 2017, 12:29:32 PM |
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If you can call yourself a professional trader then you can start with a bigger capital but an amount you can also afford to lose. Trading is very unpredictable. And even if you are already a pro trader you can still lose. It is not good if you use all of your money in trading. It will give a serious problem in your life if you lose all your money to it.
if he can spend a lot of money to do trades well the best thing he can do is to find a group of traders that can help him pump a coin and spend more money to earn more in a trade and so for that thing i think he can maximize he' earnings since he got a group who target to manipulate the market. And we can search some groups on social media,bitcointalk or any other bitcoin related community out here.
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talkbitcoin
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All I know is that I know nothing.
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February 14, 2017, 12:36:55 PM |
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the key in investment and trading is only one thing: invest what you can afford to lose.
specially in trading cryptocurrencies that the exchanges are not safe at all! we have seen so many exchanges getting hacked and steal their users funds that we all know there is always a huge risk involved with using these centralized platforms. and that is just half the risks involved with trading.
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xuan87
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February 14, 2017, 01:22:37 PM |
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I think it is depend on the profit that the traders want to achieve and the amount that the traders willing to lose, no matter how professional you are, there is always a chance of losing money, the main different of amateur and professional traders is not the amount, but the skill and knowledge to earn more profit
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blackhawkeye1912
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February 17, 2017, 08:46:02 PM |
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In general, the minimum amount of BTC required to trade is said. It would be appropriate to start with an amount that a newcomer would not be worried about when he lost in trade.
What is the amount of BTC needed for a professional trade? How much is needed to get high profits. To be able to trade some strategies need to be able to apply. What is the amount of BTC that can meet the strategies required for a high boiler?
In earning bitcoin in trading, there is no required to be needed for a professional trader. If you want to earn big in the exchange platform you should have a big capital balance in the exchange. Big capital big income, small capital small income also.
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