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Author Topic: how much altcoin like Ethereum or Dogecoin can I have before I can start trading  (Read 642 times)
Timmzzy
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September 17, 2017, 05:27:05 PM
 #1

Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
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Emoclaw
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September 17, 2017, 08:34:45 PM
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There are no limits. You can have as much as you'd like in order to join.
Which trading platform are you thinking about? I'd suggest Bittrex or Kraken.
You can start trading with any amount however you do need a fairly good sum in order to make any decent profit.

   
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Timmzzy
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September 17, 2017, 10:29:44 PM
 #3

Please can u explain better on what the altcoin trader do and what's the meaning of signal u are talking about
samy_voc
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September 17, 2017, 10:48:25 PM
 #4

Please can u explain better on what the altcoin trader do and what's the meaning of signal u are talking about

I checked the altcointrader.co and their one time membership fee is .20 BTC. That is exorbitant I can buy 3 Ethereum with that money.

You can register yourself with BIttrex and deposit some money to your account. Then you can start with buying 1 Ethereum first and use that as a starting point to exchange the Ethereum with other alt coins.

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September 17, 2017, 10:54:04 PM
 #5

Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
If you are a newbie and start with low amount,if you are already traded in crypto since the bitcoin released in 2010 and you must use a lot of funds right now and that depends on how many you afford to lose if the market gets crash and that was the main point.

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samy_voc
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September 17, 2017, 11:00:58 PM
 #6

Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
If you are a newbie and start with low amount,if you are already traded in crypto since the bitcoin released in 2010 and you must use a lot of funds right now and that depends on how many you afford to lose if the market gets crash and that was the main point.

Unfortunately for Newbie's like us the alt coin has gone up in last 4 months. The folks who are taking risk are the ones who invested couple of years back. They have so many coins at their disposal,  that have nothing to loose as their initial investments were low but they took the risk at the right time.

Now the market is priced so high we dont make much money if we invest less. It is very risky.
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September 17, 2017, 11:05:20 PM
 #7

Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
No need so much to become a trader, you are always be able to become trader even if you have 1$ on Ether nor Dogecoin although the benefit is very low. The other thing you need is being patient, sometime trading need lot of time to be profitable.

acpr23
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September 17, 2017, 11:29:50 PM
 #8

No minimum or maximum amount, but yes you should still consider the value of your money before you start trading it is because the more money you invest the more money you will gain or you will lose, just follow the basic rule "buy low, sell high" and never do the opposite, always buy at the dips and always dyor before trading in a specific coin.

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Timmzzy
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September 18, 2017, 04:37:33 AM
 #9

Thanks Guys I really like the way you all are putting me through on this I guess I will have to gather more of my Ethereum and Dogecoin too so that I can Gain better.
Spoetnik
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September 18, 2017, 05:26:45 AM
 #10

0.

Pick a coin that can be mined and get 0.0000001 SAT's
Take that and trade with it on an Exchange.

I did it that way and made and cashed out and spent about 12 fucking god damn grand.
And i could have made more but i was sickened by the shit hole scene this has become.

Only a moron would send real money to shitty ass crypto bullshit web services  Roll Eyes

None of you are EVER going to be in my league.  Cool

FUD first & ask questions later™
laravuemaster
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September 18, 2017, 09:45:41 AM
 #11

Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.

There is no limit of amount in trading, You can invest as much as you want and start immediately. I suggest that you should not use your salary or own income to invest in bitcoins to start trading. I highly recommend that you must join different types of campaigns and work as hard as you can till you earn much to trade, I hope this will help you.

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September 18, 2017, 10:08:15 AM
 #12

Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.

Any amount will do, there's no specific amount of coin before you start trading the main idea is this "If you have low capital you will earn low profit and if you have high capital you will earn high profit" that's it. The more you invest the more you will earn so if you want high profit the invest high capital.

But beware trading is RISKY if you invest high capital and you don't know how to trade then there's a high chance that you will lose a big amount of coin. So if you want to test and try trading you should try investing a low capital fist and familarize the movements in trading and if you're good enough then that's the time you will invest a big amount.
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September 18, 2017, 10:28:09 AM
 #13

Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
Before you can join a trading platform, have at least 0.001 BTC worth of altcoins before trading at least for it to be profitable but the profit you will get is low. It depends if you trade those low price coins that are very volatile and ride them right you will get good returns. You can also have 0.0005 BTC but I don't recommend doing trades with this low amount of capital.
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September 18, 2017, 11:09:55 AM
 #14

start with low amount first while you start to learning how it works

some people need times to understand how to invest in long time

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September 18, 2017, 11:12:19 AM
 #15

Most trading engines have a minimum amount of about 50,000 satoshis worth (with some it's higher) per trade.

Just google the different trading platforms, they should list the minimum trade amounts in their FAQs.

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September 18, 2017, 11:13:18 AM
 #16

Please am a newbie I would like to know the amount altcoin like the Ethereum and Dogecoin I can have before I can join the trading platform.
Before you can join a trading platform, have at least 0.001 BTC worth of altcoins before trading at least for it to be profitable but the profit you will get is low. It depends if you trade those low price coins that are very volatile and ride them right you will get good returns. You can also have 0.0005 BTC but I don't recommend doing trades with this low amount of capital.

there is actually no limit on how much you bring in for your investment. everything is calculated percentage-wise. of course the minimum is important but there are exchanges that have very low minimum. for example Cryptopia has 10 Doge or 500 satoshi limit for their trades. and even if you start with 1000 satoshi you still make profit on that amount. like 100% on 1000 is 2000 satoshi in total.
and it doesn't matter if it is small. what matters is that you choose a number that you are comfortable with.














 

 

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September 18, 2017, 11:52:05 AM
 #17

Thanks Guys I really like the way you all are putting me through on this I guess I will have to gather more of my Ethereum and Dogecoin too so that I can Gain better.
Ethereum is rather considered as a long-term investment but it's okay to buy some now, because the price is still recovering. The same holds for Dogecoin even more. Doge's usual price is about twice as big as it is now, so I guess buying right now is a great idea. You should register on bittrex, it's really a good and trusted website where everything is simple and the min investment is really low, you can buy or sell something which is worth min 0.0005 btc. Good luck!


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September 19, 2017, 09:49:10 AM
 #18

start with low amount first while you start to learning how it works

some people need times to understand how to invest in long time
Your suggestion is very dangerous for newbie who don't know anything about trading altcoins activity, should you suggest to him use account demo on the exchangers to try demo trading until he find the best way to making good prediction of price, management of the money in demo account and the management of the risk in demo account trading, tell to him to starting learning by doing in demo account trading.

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September 19, 2017, 10:26:12 AM
 #19

if you are not well aware of the crypto, I would suggest you to start reading a lot before investing a penny. You can participate to campaign to obtain an amount; With that, you can trade what you want and learn from your mistake.

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traderethereum
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September 19, 2017, 04:45:38 PM
 #20

start with low amount first while you start to learning how it works

some people need times to understand how to invest in long time
Your suggestion is very dangerous for newbie who don't know anything about trading altcoins activity, should you suggest to him use account demo on the exchangers to try demo trading until he find the best way to making good prediction of price, management of the money in demo account and the management of the risk in demo account trading, tell to him to starting learning by doing in demo account trading.

i think its not dangerous because if he wants to learn hard and smart and practising in everyday, i am sure that he can know how to trade. beside that, if he can buy minimal 1k or 10k for dogecoin and 1-5 ethereum and he can hold it for a longer time, then i think he can make big profit. but this is depend with his bitcoin balance in the account and i think don't go with large amount to buy dogecoin and ethereum. for the demo account, i think he can go with bitmex and search for that account for learning.

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