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Author Topic: minimum amount to start trading?  (Read 6790 times)
mornabo
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May 17, 2018, 02:24:08 AM
 #221

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
for now maybe $ 1K is enough to trade. but you better have a capital of more than $ 1K to back up if you lose.
actually there is no minimum fund to start trading dude, it all depends on your economic ability, simple if you want to earn a great income and profit you can try to allocate more funds for trading, but you also have to adjust it with your economy and your needs,
everything is relatively dependent on your wants and abilities
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May 17, 2018, 03:32:03 AM
 #222

For me I just need 500$ on the start then maybe I got lucky then I make more than 10$ per day from that - day by day - I mean Smiley So I think you can start with any money u have

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ToyotaFortuner
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May 17, 2018, 05:31:51 AM
 #223

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 think the minimum trading you need to start trading the first time is you have to have capital money to buy bitcoin after that you can buy and sell transactions bitcoin or altcoin by buying when cheap and sell it when the price goes up to be very expensive.
thend1949
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May 17, 2018, 05:51:45 AM
 #224

For me I just need 500$ on the start then maybe I got lucky then I make more than 10$ per day from that - day by day - I mean Smiley So I think you can start with any money u have
I think that's way better if you set plans and goals before starting to do trading and be ready to bravely face any consequences, given that market is volatile. It's not the amount that creates a big deal, it's the knowledge, experience, proficiency, continuing to learn willingly, discovering for more, and having a positive attitude.
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May 17, 2018, 07:21:32 AM
 #225

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

minimum capital you need to start trading the first time at least you have capital money $ 100 is enough for the first time to know how to trade well and correctly, when you are good at trading world then you can increase your capital as you want .
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May 17, 2018, 08:03:32 AM
 #226

it depends. What are your goals with the money? Where do you want it to be in the future? How will trading fit into the rest of your financial planning?
There are a variety of online brokers, like Scottrade for example, that let you set up an account with very little money. I would encourage you to speak with a CFP professional to get some perspective and objective advice, perhaps it will help you crystallize how you should set up and fund your trading account.
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May 17, 2018, 09:03:14 AM
 #227

BTC doesn't really have to rule the market of crypto, every time since eth was created I choose it for buying, not bitcoin. My desire to buy bictoin isn't exists anymore
foaman
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May 17, 2018, 09:24:29 AM
 #228

Despite all altcoins and bitcoin being unpredictable, every time it reaches around 6k everybody thinks it's too cheap and starting buying, so we won't ever see 4k
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May 17, 2018, 09:50:04 AM
 #229

For me I just need 500$ on the start then maybe I got lucky then I make more than 10$ per day from that - day by day - I mean Smiley So I think you can start with any money u have
I think that's way better if you set plans and goals before starting to do trading and be ready to bravely face any consequences, given that market is volatile. It's not the amount that creates a big deal, it's the knowledge, experience, proficiency, continuing to learn willingly, discovering for more, and having a positive attitude.
Thats right, plan is needed for this. when you want to formulate how much capital you have to spend you must consider many things like your skills, risk and so on. so you can decide how much capital you should bring to trade, there is no minimum amount to trade mate, it all depends on you..
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May 17, 2018, 05:38:06 PM
 #230

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

The minimum is whatever you want. remember that a huge amount will make a huge profit too. so If you have only 100 bucks you will not make much and fees will eat up the profit.
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May 17, 2018, 06:01:48 PM
 #231

I'd say anywhere from $500 to $1000, if you are inexperienced.  If you are familiar with trading at all, I'd multiply that by 10x.  Never trade with more than you can afford to lose as well, it's super important to not NEED the money you're using because you will act too emotional when trading.  Emotions kill your trading ability.
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May 17, 2018, 07:36:14 PM
 #232

I started crypto trading by amount $1000 and this amount is free money that willing to lose, i got this money from bounty campaign. Now iam doing day trading by take profit per trade 7 to 10% only, my target profit just about 30% amonth and this is could be more easy to make it. Amount to start trading actually depend on the your skill in trading and amount of your monthly target profit.
You can start with minimum amount but the quantity will be very less. This is not a problem at all but the coins matter and the continuous process of trading that will give you the sum of all the trading profits will give you a huge total trading profit. The sum will be equal to the total profit and that is what trading should be continuous otherwise one can not earn a lot in one attempt.
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May 17, 2018, 08:47:19 PM
 #233

It really depends on your desires and intentions. If you are ready to invest a large amount, it will also be good to start with.

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May 17, 2018, 10:35:26 PM
 #234

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 think that if you are a market savvy and have knowledgeable and technical knowledge to be able to trade then the minimum amount you can trade is $ 100. The market is volatile and difficult to predict, so for successful trading you need a clear plan and always follow, discipline to be profitable.
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May 18, 2018, 02:58:19 AM
 #235

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 think that if you are a market savvy and have knowledgeable and technical knowledge to be able to trade then the minimum amount you can trade is $ 100. The market is volatile and difficult to predict, so for successful trading you need a clear plan and always follow, discipline to be profitable.

In trading, it is important that we know how it works, we have patience and we know the timing. I think if you are really ready to do trading, you can start with a small amount to practice trading. There is no specific amount required, as long as you know how to trade.
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May 18, 2018, 03:31:38 AM
 #236

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 think that if you are a market savvy and have knowledgeable and technical knowledge to be able to trade then the minimum amount you can trade is $ 100. The market is volatile and difficult to predict, so for successful trading you need a clear plan and always follow, discipline to be profitable.
If we are about to start trading we must do trading in a verry few amount of capital. Trading is risky specially when we are on a starting stage. I believe that we need to learn more about trading for us to learn some more strategy that can be used in on trading journey. Trading in crypto feild is more amazing and more risky than what we already been expected so we need to make a proper moves on it.
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May 18, 2018, 03:42:01 AM
 #237

There is limitation based on the exchange chosen for the trading need. That too doesn't seem to be a big amount, even there are exchanges that operate with the transaction fee that is levied upon each transaction made between trades.
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May 18, 2018, 05:21:01 AM
 #238

Actually the minimum amounts to start trading are depends to the company that you want to invest
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May 18, 2018, 08:04:29 AM
 #239

Amount to start trading should be base on skill and target profit,  personally i started by amount  $500 and my target profit about 30%-40% amonth.  And i never withdraw the profit,  because i use this all money to make compound. By started this amount and use compound strategy is possible to make ahundreed thousand dolar in just a few years.

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May 18, 2018, 12:46:35 PM
 #240

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
for now maybe $ 1K is enough to trade. but you better have a capital of more than $ 1K to back up if you lose.

For me as the beginner, a thousand of dollars was too much. I started trading with 200 USD. Later, when I understood that I have not bad profits, I increased the investments up to 2 thousand. It was my luck.
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