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Author Topic: minimum amount to start trading?  (Read 6747 times)
Rashid555
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November 26, 2017, 06:55:43 AM
 #61

I think there is no rules that from which amount we should start trading the best thing is to start trading the knowledge of trading and the variety of currencies because the time is changed the people are using different types of currencies for their use. As I am collecting different amount of currencies for trading buy I plane that I will start trading after Christmas. But if you are interested in trading you should make a try without any fear.

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November 26, 2017, 08:11:01 AM
 #62

Altcoin trading promising high profit but also will be high risk, so always use amount of money willing to lose.  I think in trading more important is strategy and risk management, if you expert already you can start with bigger amount, but if still newbie in trading much better use amount by minimum like $100 so when you lose, not really effect with your psikilogis.

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November 26, 2017, 09:39:22 AM
 #63

the amount that we need to start with is not fixed, it depends on the type of the trade. Everything is related to the other.
nak02
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November 26, 2017, 10:29:48 AM
 #64

Altcoin trading promising high profit but also will be high risk, so always use amount of money willing to lose.  I think in trading more important is strategy and risk management, if you expert already you can start with bigger amount, but if still newbie in trading much better use amount by minimum like $100 so when you lose, not really effect with your psikilogis.
That is why it is not recommended if you are sensitive enough  because it will just lead you to lose your money, trading is not a game it is for the risk taker person, there is no minimum amount but for me I would start with just a little amount or the amount that I can afford to lose, even you start with the highest amount if you do panic buying/selling still nothing will happen.

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November 26, 2017, 11:10:52 AM
 #65

I started with 5-6 mBTC, in that time 2 years ago that was like couple dollars, or something like that. Now 5-6 mBTC is 40 dollars, with that you can start easily. Many alts have price under 10 dollars, and under 1 dollar too, start with them and learn your way trough. Alts also make fluctuations and you can learn to trade with them, fluctuations are not so high like with bitcoin but its something for the start. Learn how to read market, early signs of possible dump, or some high rise, sooner you notice them better profit you will make, and in that way you will avoid possible loses.

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man1975asc
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November 26, 2017, 12:26:02 PM
 #66

500$ is the min. amount in my opinion.
worle1bm
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November 26, 2017, 12:58:49 PM
 #67

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
Asking this question is not good because the investment amount you plan to invest totally depends upon you.Its your matter of choice that how much you want to start with.If lower on budget you can start with small altcoins like litecoin and with bigger amount go with ETH or bitcoin. So there is no limits on this.There is a risk also so keep in mind and then plan it.But with huge investment came more profit and with less came small profits.The choice lies with you.

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RayDali0
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November 26, 2017, 01:01:21 PM
 #68

Put more.
More risk, more profit.

It is likely the best time just started.

It may be too late later.
Akash1243
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November 26, 2017, 01:22:14 PM
 #69

Well it depends to person as how much he is willing to risk to earn profits.With small budget investing in altcoins makes sense whereas with big budget investing in bitcoins is the best option so i don't think so that there is any minimum amount to start trading it does depend person to person.
supermine
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November 26, 2017, 01:32:10 PM
 #70

You can start trading with small investment too but your profits will be based on how much is your investment and which coins you are trading,the altcoin trading will give more profits then bitcoin trading but you will lose if you pick the wrong coin.So I am suggesting that start trading of bitcoin with amount you are having if your investment is low its okay just try to do small trades then it will gives you small profit and try to do many trades as you can with small profits.
principledquince
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November 26, 2017, 02:20:46 PM
 #71

If you dont have much idea yet with trading, I suggest to invest a small amount only. Because trading itself is already risky but it would become more risky for an individual who invest trading without huge knowledge.
spadormie
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November 26, 2017, 02:35:59 PM
 #72

Actually there is no really a minimum amount. It is probably on your skill in trading on how you can make that money grow. 300 USD is a great start for you. Probably 1000 USD is a good thing to start with.




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equator
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November 26, 2017, 02:40:46 PM
 #73

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

I never invested and traded, from starting i use to join bounty campaign of new altcoins and earn free coin, when they get listed i trade this coin and if the coin project is good i trade and retain that coin if not i just trade for some time and then sell them. So like this without risk i started to trade and from that free coins i earn bitcoins and that bitcoins i trade.
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November 26, 2017, 02:41:23 PM
 #74

There is no minimum, but I would say, to be safe start with the ~ 20% of your saving.
Hafiz07
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November 26, 2017, 02:49:06 PM
 #75

Risks always exist, so I started with a low amount. Will see how high it can go without further injections.
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November 26, 2017, 03:04:24 PM
 #76

Well it depends to person as how much he is willing to risk to earn profits.With small budget investing in altcoins makes sense whereas with big budget investing in bitcoins is the best option so i don't think so that there is any minimum amount to start trading it does depend person to person.

Every person has their own points of view, we cannot force them to believe what we say or force them with our ideas. As long as that specific person knows the risk of trading and how much he is willing to lose then it will be good for him if the outcome is positive. There is also no minimum amount for you to start so just make sure you've got balls once you want to start.

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November 26, 2017, 06:25:40 PM
 #77

It depend on which coin will you choose to start Smiley). If you just have a little amount of money you should start with low price cryptocurrency like Doge, IOTA, BCN,...and if you can invest a lot of money to start I think you can easily find out a lot of choices to start. For me I think to gain good amount of money everyday I think you should start with at least 500$ Wink
bitllionaire
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November 26, 2017, 11:41:12 PM
Last edit: November 27, 2017, 12:04:05 PM by bitllionaire
 #78

the amount that we need to start with is not fixed, it depends on the type of the trade. Everything is related to the other.
although it is depending on the type of trade but still if you have good amount of money you have more chances to make good profit from it. But if you are very new then you should invest small amount of money because being inexperience you can lose your money in no time. I think saving bitcoin for long term is also a good idea for those people who have little experience in trading, In fact trading require a good experience and trading skill which can only be et through spending good time.
khan149
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November 27, 2017, 10:18:27 AM
 #79

You can start trading with any amount.But in my opinion, it would be better to start a trade with $ 200.When you can understand the trade slowly, you can invest in large quantities.You have less risk of losing it.Always research on the trade. Hope you will get good results.
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November 27, 2017, 10:30:09 AM
 #80

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?

I start trading with the amount of money I have and it varies depending on how much I have, I start trading with small amount and now with the advantage that I get I can trade with a large amount

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