Minimum $$$ amount for trading?

[hutay5]

Then the second mistake was to take part in pump n dump . Dont ever take part in pump n dump unless you know what actually you are doing. Newbies should never go through pump n dump you will endup in a loss .Here i made the third and last mistake that is to trade in loss. Never sell your coins for a loss. From 0.0077 btc i came to 0.0005 btc. Now i hold the coins until i get a profit from it. In past two weeks i went down from 0.0077 btc to 0.0005btc and now i am in profits i.e,. i have come to 0.008 btc .
Last advice is never trade all your btc in a single coin. Buy different coins.

So true and good advice to a newbie. If anyone told me to be carefull about that when i got in I'd be stil with alot of btc instead of a lot of (almost a million) Ldoge. So do not fall into that trap. I think the "pump & dump sessions" are (highly probable) being done by the workers of the exchanges; that only think to grap more btc from the users of the exchanges.

[1714762319]

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[1714762319]

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[bitcoin31]

If you are newbie in trading i think its better if you start trade with $100 and i think its enough and after you learned a lot of infomation and knowledge add more funds to earn more profit.

[AK47-]

There is no minimum amount in trading. It depends upon what you can afford. Less investment will bring less profit and vice versa. But let me clear you in starting most of he time you would make loss. Cryptocurrency trading isn't that easy. What I do is I diversify my investment and bet one part on some top altcoins, second part on some low volume but known currency and third part on ICO which posses some potential. Even if I encounter loss in one, most of the time I make overall profit. Never fall for pump and dump groups.

[amacar2]

How much money in $$$ should a new trader invest and which type of trading is good?

You can start with small, don't put anything which you can't afford to loss if you are new to trading.

Buy and store it until it reaches high peak then sell it or some other way?

This is one of the easiest way of trading and known as passive trading, if you are patience enough than you can make good profit with this. But you should be careful about the coins where you are investing, don't buy at peak price and don't buy any shitcoins that don't have much trading volume.

Great suggestions and personal experiences are most welcomed and highly appreciated...

Personally I prefer going long with most of the alts and I am investing regularly on new promising ICOs.

[betlord90]

There is no minimum amount in trading. It depends upon what you can afford. Less investment will bring less profit and vice versa. But let me clear you in starting most of he time you would make loss. Cryptocurrency trading isn't that easy. What I do is I diversify my investment and bet one part on some top altcoins, second part on some low volume but known currency and third part on ICO which posses some potential. Even if I encounter loss in one, most of the time I make overall profit. Never fall for pump and dump groups.

Pretty correct since all of us not a whales and some of peoples have only limited money to spend on their trades and they shouldn't be worried for having a low budget since they can earn more with that if they thread nicely even though their money is few to execute huge trade. And although Crypto trading is not easy but if you learn its flaws and tricky movement you can surely earn when you hit the right timing on when to buy and when to sell.

[MFahad]

You can start minimum 0.01 and it is better that only start with a minimize amount.
Now you new in trading, have no experience of trading, than use which amount you can afford it for testing.
Because when i started trading, i used only 0.02 and even i have lost but after 2 months i started to make profit.   

[SamReomo]

How much money in $$$ should a new trader invest and which type of trading is good? Buy and store it until it reaches high peak then sell it or some other way? Guys please give your honest suggestions. Great suggestions and personal experiences are most welcomed and highly appreciated...

To buy and hold (store), you may start with even $10 but the big requirement for decent profits, how long will be able to hold without getting tempted to sell and enjoy the profits ?

If you are planning long term holding with bitcoins then I suggest you to start with $100 to $500 and duration of holding must be at least 10 years. This way you may become millionaire too as there are speculations about bitcoin prices to reach multi millions and even billion dollar levels too.

Ah, thanks I like your comment dear and I feel like I will do that for sure but not now later cause at this time I can hold for 1 year max or maybe 1 and half years but not more than that so holding for 10 years is a great idea but ideally for those who already own 1000$ and if they put it on trade they won't regret cause they've more $$$ but to me I hardly can manage to put 25$ to 40$ per month.

[SamReomo]

How much money in $$$ should a new trader invest and which type of trading is good?

You can start with small, don't put anything which you can't afford to loss if you are new to trading.

Buy and store it until it reaches high peak then sell it or some other way?

This is one of the easiest way of trading and known as passive trading, if you are patience enough than you can make good profit with this. But you should be careful about the coins where you are investing, don't buy at peak price and don't buy any shitcoins that don't have much trading volume.

Great suggestions and personal experiences are most welcomed and highly appreciated...

Personally I prefer going long with most of the alts and I am investing regularly on new promising ICOs.

Amazing, you really made me feel better about trading and this it makes sense to me on how and where to invest.

[Hui8]

Minimum could be minimum acceptable by the trading platform. But if you want to go for holding your bitcoin and let them grow as the time is passing then you could just keep any amount you wish to with at most security and safety of your returns as compared to other ways in the market.

[CraigWrightBTC]

How much money in $$$ should a new trader invest and which type of trading is good? Buy and store it until it reaches high peak then sell it or some other way? Guys please give your honest suggestions. Great suggestions and personal experiences are most welcomed and highly appreciated...

Well you can use the amount of capital trading altcoins just for 0.01BTC that is good for start to trading altcoins and i recomended to trading ripple on the exchangers, find the strategy of trading can gives constant profit although just for small amount of profit, the amount of capital will going up, if you can get good profit every trade.

[Catmony]

Minimum can be any amount depending upon how much you can gamble with. Trading can be really risky for newbie traders like you and you should not buy any coins when they are pumping like hell in last 24 hour and you should never sell what you have in loss being panic.

[Cosbycoin]

Minimum can be any amount depending upon how much you can gamble with. Trading can be really risky for newbie traders like you and you should not buy any coins when they are pumping like hell in last 24 hour and you should never sell what you have in loss being panic.

You mean how much we can risk by the term "gamble" ? When a trader starts after gaining proper knowledge about different aspects of trading like technical analyses and emotion control along with money management then there will be no need of comparing his trading with gambling.

Because he will not be risking big. In that case a trader may start with even one bitcoin also. I mean to say 1 bitcoin will be a good minimum amount for a good trader.

[roadbits]

Minimum can be any amount depending upon how much you can gamble with. Trading can be really risky for newbie traders like you and you should not buy any coins when they are pumping like hell in last 24 hour and you should never sell what you have in loss being panic.

You mean how much we can risk by the term "gamble" ? When a trader starts after gaining proper knowledge about different aspects of trading like technical analyses and emotion control along with money management then there will be no need of comparing his trading with gambling.

Because he will not be risking big. In that case a trader may start with even one bitcoin also. I mean to say 1 bitcoin will be a good minimum amount for a good trader.

For you maybe 1 Bitcoin is a decent amount to start trading. but for me, it's big amount i will not suggest a newbie start with this amount. If you can afford 1 Bitcoin then no problem. According to me, 0.1 bitcoin is one type of decent amount to start trading. If you can't, you can minimise this amount and start how much you can afford. But here money doesn't matter knowledge is important so first learn different aspects of trading and later invest money.   

[Sniper44]

there is no fixed amounts, it is based on your pocket actually.
the golden rule that is repeated also here is to invest what you can afford to lose. i have seen people trade with less than $100 and there is nothing wrong with it.

one thing that people usually forget to mention or confuse is the fact that fees are calculated based on percentage of your trade. since it is not fixed you won't lose anything if you go in with small amount.

[webtricks]

How much money in $$$ should a new trader invest and which type of trading is good? Buy and store it until it reaches high peak then sell it or some other way? Guys please give your honest suggestions. Great suggestions and personal experiences are most welcomed and highly appreciated...

I have tried many offline and online tradings and with great pleasure can suggest you 'altcoin trading' is best among all. Main reason for this is capital gains in case of altcoin trading are way more than any other trading. While you try to calculate earnings in terms of percentage in other tradings, altcoins make you rich enough that you calculate earnings in terms of times.
Undoubtedly minimum amount depends upon your status. Gain of $100 can be delight for one, while gain of $1k can be OK for other.
Now how to trade, many people will give you suggestion to follow some pump/dump group and make daily profits. I am strictly against this. In order to earn big, you need to mature your investment which could be only done through waiting. Suppose Ethereum rose from $12 to $400 in 8 months. Now if person bought it at $12 and sold for $20 next day, he is making profit too but nothing when compared to other one who hodling it for 8 months.

[ruthbabe]

I think i can help you with that because i started trading two weeks back. I started trading with 0.0077 btc because that was all i had left apart from investment in a program. I think its best to start trading with . You can start with 0.01 not more than that because you are yet to learn alot of things.
I ll tell you the mistakes i did which you should not do. First choose a good trading exchange. I would recommend you Bittrex. The the first mistake i didis repeated changing of exchanges. I changed around 2-3 websites and each one costed me 0.001 withdrawal fee. So i was already down 0.003 btc.
Then the second mistake was to take part in pump n dump . Dont ever take part in pump n dump unless you know what actually you are doing. Newbies should never go through pump n dump you will endup in a loss .Here i made the third and last mistake that is to trade in loss. Never sell your coins for a loss. From 0.0077 btc i came to 0.0005 btc. Now i hold the coins until i get a profit from it. In past two weeks i went down from 0.0077 btc to 0.0005btc and now i am in profits i.e,. i have come to 0.008 btc .
Last advice is never trade all your btc in a single coin. Buy different coins.

Wow, that's fantastic! What you did is extremely amazing I will take note of all the pieces of advice you've made here. Thank you so much.

[harjas2517]

You are newbie like me I would suggest you start with minimum 0.01 Btc or start trading with less satoshi coins.

[ryanben]

Invest in the ICO project is the lowest price before the exchange, I have ever invested in stratis when it was running last year and at which ICO I keep 7000 coins until March of this year I had to sell it because of personal reasons and right then it was up $6.
Invest in the ICO project in present time is the best choice...

[KingdomHearts]

Minimum could be minimum acceptable by the trading platform. But if you want to go for holding your bitcoin and let them grow as the time is passing then you could just keep any amount you wish to with at most security and safety of your returns as compared to other ways in the market.

For example, yobit accepts trades which are greater than 10k satoshi. But definitely no one could make better trades with this much low capital. So we should set minimum capital based on many other criteria not just with trading platform.

I believe for our effort and time, we must need at least 0.050 bitcoins for better trading environment. With this much capital we can gain some decent profit on weekly basis which will be ensuring we are doing right thing for our time and effort. There could be many plans for setting minimum amount for trading. But I'm following this and it is working good for me.

[DuaLipa]

I divide my budget into two piece. My 75% goes to BTC/ETH/LTC pool which is trusted, my 25% goes to tokens. Becasue tokens contains risks for trade. But bitcoin and ether are much safe.