adaseb
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Activity: 3724
Merit: 1708
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May 27, 2020, 05:20:54 AM |
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The less you start out with the better, its betting to lose $100 rather than $10000. You will feel the same pain pretty much whether losing $100 or $10000, both amounts will make you feel bad about your actions. Crypto and Forex are generally good because you can trade with like $100. Stocks are worse because to open an account you need at least $1000 on some brokers. The reason why its high is because for every client they need to do KYC and its alot of paperwork. So people generally deposit $1000-$10000 and basically lose it all. Most usually go into trading leveraged ETFs (3x) or they start trading options and can quickly lose their entire deposit.
However the amount you lose is irrelevant due to the learning curve. To trade succesfully in the future you will get loses, nothing you can do to prevent that. The trick is to lose the least amount of money so you don't lose all your savings.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Subbir
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Activity: 798
Merit: 104
🎄 Allah is The Best Planner 🥀
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May 27, 2020, 12:39:19 PM |
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Crypto may be an excellent place to trade but you've got to possess knowledge about trading first I feel Bitcoin is that the best thanks to trade The losses here are much less and with future investments we will make tons of profit. what proportion we trade will depend upon our capital I accept as true with you it's better to start out with our first 100$. I will be able to not be too disappointed if it's damaged and it is often recovered if traded properly Before that the market must be analyzed well.
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Lasky366
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Activity: 280
Merit: 43
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May 28, 2020, 10:22:28 AM |
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I think you can start trading with any amount you can but you need to learn more about trading get started.How it's works! How to gain profit? how to handle the loses.Then any amount will be enough for you start trading.
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lienfaye
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May 28, 2020, 12:51:38 PM |
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I think the best way is first knowing what you can afford such that you won't be at the receiving end therefore trading with peace of mind, once you have resolved that within you, you can kick off. Normally, the best ideal amount is $100 but this must be after getting the right knowledge so one don't end up lossing everything; although losses are bound to occur as a newbie but that doesn't mean one will lose all just like that before getting good with trading.
Indeed, any amount will do as a starter but its important to know everything about trading first on what newbies should know. Take time learning and if you're ready then thats the time to try the actual trade. Losing is inevitable since its part of the process however that losses and experiences will teach you something that you can apply the next time you trade and its a stepping stone to be a pro trader. |
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bitgoldpanther1978
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May 29, 2020, 02:23:55 AM |
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I think the good question is, how much money do you have to buy the coin you like?
Because, it is better to buy them in the amount where that We can afford to have it, isn't it right?BTC
And as far as I know also there are some platform exchange their minimum amount of deposit is
at least 0.003BTC.
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Nhor1011
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Activity: 994
Merit: 11
Daxetoken.net
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May 29, 2020, 06:06:19 AM |
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
The question is,How much do you have in your pocket and willing to invest and start trading? How much you can afford to lose if ever? Anyway you can start trading even in a small amount and if you really know the strategy to gain profit in trading and not to lose then you can add more investment if you want. |
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Paycoinzzz
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May 29, 2020, 08:04:26 AM |
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
For exchanges now they have set a minimum of $ 10 per transaction. so you need to have at least $ 10 to trade at big exchanges. Also if you want to trade for smaller amounts then you can go to small exchanges like Crex24. You can even trade with $ 1 volume there. |
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Bitstar_coin
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May 29, 2020, 05:34:27 PM |
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
For exchanges now they have set a minimum of $ 10 per transaction. so you need to have at least $ 10 to trade at big exchanges. Also if you want to trade for smaller amounts then you can go to small exchanges like Crex24. You can even trade with $ 1 volume there. I think $10 is small amount enough for a beginner to start trading, anything below that is a complete wast of time, as you trade exchange remove commission, how can someone trade with $1, If you are still learning better to stick with smaller amount, anything ranging from $10-$50 is reasonable to start with, and trade in exchange with good volume. |
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ScamViruS
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May 29, 2020, 06:51:54 PM |
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
It all depends on you. How much can you afford, and if you lose all the money by trading, you will not suffer any major loss. It's all up to you. You can start trading with 10, but trading with this amount will not give you much result. This requires building your own trading skills first and trading with a good amount of funds. I would suggest you to start with $ 100- $ 300, check your trading skills first. If you get good results, then the investment will increase further. Of course, invest in trading as much as, you can afford to lose. |
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Jamesdila1
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Activity: 686
Merit: 10
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May 31, 2020, 07:18:33 PM |
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If you are hesitated to trade and you fear that you'll lose your money in the first place, don't do it you will end up losing most of your money!
Instead there are some exchanges or wallets with built-in exchanges that give you virtual cash (for example 50,000$) to begin trading with try them and if you like it then go a head and trade with real cash
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Renampun
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June 01, 2020, 11:29:57 PM |
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agree with you... to learn trading can begin with any capital, you can start with a capital of $ 10 or $ 100 depending on your beliefs. and one more thing, trading cannot be learned overnight, it takes months to master. |
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Alert31
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Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
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June 02, 2020, 01:51:17 PM |
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
There is no minimum amount to start trading as long as you use your capital which is you can afford to lose. When i start trading ,i buy those coins with lower value then hold it until the value increase which i'll be able to have profit. Much better if you start in a small capital investment first like $10. |
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shadowdio
Sr. Member
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Activity: 1876
Merit: 289
Zawardo
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June 02, 2020, 02:33:41 PM |
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In my first trading I just started with around $30 just to practice it. I just want to start with small amount just to learn it because it is not easy to make money in trading especially if you are beginners and not have much knowledge yet. It is better to start with small amount, not in big amount it is risky for beginners.
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mycryptocoin
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Activity: 380
Merit: 100
Community Manager - Blockchain analyst
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June 02, 2020, 04:19:15 PM |
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I think it will not have exact numbers. It depends on how much money you have, how much you can risk to make a profit. For example, I spend a total of 30% of the money in my fund to trade, which is about $ 5k (of which I spend more than half to trade the BTC / USDT pair)
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billykannithi
Member
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Activity: 330
Merit: 12
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June 02, 2020, 04:38:58 PM |
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I think there are no specific numbers in this case. You can start trading with any number you want. I started trading with a capital of 0.05B (50% of my total assets). At the beginning I only take profit 5% or stop loss 3%. After having experienced, I gradually raised the profit level and as now, when I have experience, the amount I use to trade is 0.5B
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TimeTeller
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June 12, 2020, 10:47:52 PM |
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I think there are no specific numbers in this case. You can start trading with any number you want. I started trading with a capital of 0.05B (50% of my total assets). At the beginning I only take profit 5% or stop loss 3%. After having experienced, I gradually raised the profit level and as now, when I have experience, the amount I use to trade is 0.5B
Yes, ideally you should start very small if you are new in crypto trading. You have to familiarize yourself first and be comfortable of what you are doing. In time, you will acquire strategies that will be of benefit when you are increasing your trading amount. And also, if you will venture in other alts, it is better to study those alts beforehand so you have idea where the market is going. |
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The cure
Jr. Member
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Activity: 448
Merit: 4
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June 14, 2020, 07:29:40 AM |
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Well there's no specific amount if you want to start trading , as a begginer try small amount first then if you learned technique or strategies then double the amount of your trade.
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ROB18
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June 18, 2020, 11:42:49 AM |
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If you are just starting out trading or want to start. I suggest that you place $50 in your wallet so that you can start trading. Get a feel for the market. Learn those patterns and how to detect them before hand. And $50 is just the right amount so that you still have that flexibility in the market. But don't be discouraged if you liquidated it. At least you've gain experience and that's maybe the most important attribute you need in trading, hell, In anything you want to do.
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shushu9977
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June 18, 2020, 03:08:26 PM |
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If you have proper knowledge about crypto-currencies, you will trade minimum 100$ or avobe. The more you invest, the more you profit or loss. Take a good decision which coin you invest. If you have time, you should more learn about crypto.
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roman100
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June 18, 2020, 06:23:16 PM |
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Bitcoin consists of satoshis that are the smallest parts of cryptocurrency. 1 bitcoin is equal to 100 million satoshi. So, you can buy any part of bitcoin on literally any amount of fiat currency you want. There is always this seductive quality that you can buy in, and then quickly sell. Many people made a quick profit when bitcoin hit 4k recently.
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