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Author Topic: minimum amount to start trading?  (Read 6790 times)
Question123
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November 04, 2018, 10:12:15 PM
 #721

While there is no specific amount for start-up trading one must be very careful not to pump big money into first time trading. Its very sure that there will be some bad decision that will lead to burning of money but 50$ for a startup is okay. You learn from there.
Your right there is no specific capital or any amount is okay as long you can buy a coin with your wants. In the first day of trading suggestion don't use any personal money just use only the extra money that you have incase the coin that you buy will down you have still money
ridho002
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November 04, 2018, 10:27:09 PM
 #722

depending on if you want big results then you have to prepare big capital, if you are still learning to trade then use a little like 50-200 $.
and if you want to trade use free money do not use money for your daily needs or you will feel pressured when you need the money and you sell it when you lose.
Yeah, for the newbie on trading, big amount is much risky. Still i believe that on trading experience is much important than the capital. Capital is not a big sector on trading. If you have enough experience and knowledge about trading then you can start with little amount and can be successful.
Preferably, for beginner traders to trying with a relatively small amount. To get experience and learn how to analyze market conditions. Also, examine a coin whether the coin has been trusted by many people is also needed. because there are some coins that worth just for a moment, then suddenly it's worthless.
Gibreil
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November 04, 2018, 10:41:32 PM
 #723

What was the amount with which you started trading
I mean your very basic investment and was that your extra money or required money?
As long as you know you will gain, it is a good start to trade. My guess is $600 upward because the basis here is the amount of capital you entered. Since trading is a means of percentage height, profits we gain will be based upon the percent of hike. Extra money is good to invest because we must think that we just burning money in this industry.

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Daseento
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November 05, 2018, 06:35:09 AM
 #724

I started trading with $200 and blew everything within 1 months. My failure stem from my ignorance and insufficient trading knowledge, I never use stop loss and it rekt my portfolio. I had to get another $500 to start all over again. My point is, essential trading knowledge is cogent before venturing into trading regardless of the capital.
futureofeth
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November 05, 2018, 07:15:20 AM
 #725

While there is no specific amount for start-up trading one must be very careful not to pump big money into first time trading. Its very sure that there will be some bad decision that will lead to burning of money but 50$ for a startup is okay. You learn from there.
Your right there is no specific capital or any amount is okay as long you can buy a coin with your wants. In the first day of trading suggestion don't use any personal money just use only the extra money that you have incase the coin that you buy will down you have still money

Yes, you are right trading investment should not be your personal money and it should be extra money in order to be a safe zone even though you lose them. There is no specific investment in trading and depends on the money you are ready to lose, sometime the value of coin may go down after your purchase.
arikassuja
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November 05, 2018, 07:51:13 AM
 #726

minimal capital that you can do when you want to trade maybe with very little capital you can do even just $ 50 you can already trade, when you trade you should already know how to trade well and correctly so that when doing trading activities you can always benefit.
Aivaryamal
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November 05, 2018, 12:33:45 PM
 #727

I think that you can start with a minimum amount equivalent to at least $ 100, otherwise you will not feel the profit, and over time and the acquisition of experience to increase your deposit
agatha90
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November 05, 2018, 01:02:19 PM
 #728

As a beginner I ventured to invest around 500 $ around 2015 with the price of bitcoin still cheap. I set aside money from my salary to invest and as a result I get a 2x profit.
Robotbitcoin22
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November 05, 2018, 01:18:19 PM
 #729

Every person I think is ideal for each to start trading. and they are different in thinking with us. some are possible with 100 $ to 10K $ all of which depends on each person
thuthanh
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November 05, 2018, 02:25:13 PM
 #730

In my country, you only need a minimum of $ 200 to start small trading. And i used $ 1000 to buy some Altcoins and made $ 5000 profit.
Adriano2010
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November 05, 2018, 02:42:45 PM
 #731

I think you can start trading with any amount, but minimum that exchange accept for trading, some accept minimum 0.0005 btc, but to make some profit i think is needed 0.002 bitcoin and if you are good at trading, and have some luck can continue make profit from that amount, but if you want more profit then i think you need 0.01 minimum to start and not trade only 1 coin, to make more profit.
alexyong342
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November 05, 2018, 03:37:20 PM
 #732

You can start small if you want. I started real small just to test the market and get the hang of trading tools which are always increasing in features it seems Smiley

resources to understand trading concepts - https://www.altcoinsidekick.com/blog
Togacity
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November 05, 2018, 04:58:35 PM
 #733

I think the base you put resources into exchanging depends incredibly on the individual included. If its all the same to you scalping little sums then a little bank would get the job done, yet on the off chance that you favor greater benefits, a little bank wont work. I'd state exchange with just what you can stand to lose. The greater the bank, the greater your misfortunes.
MAJICOIN
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November 05, 2018, 05:33:34 PM
 #734

There is no hard rules that a specific amount is required for it and i have to start trading with the amount which is available with me and i want to spent time on that because i have seen a website where coins exchange were going and that makes me inspire so that after i have to buy few coins and a bank account for online banking so from that people can come and easily they can transfer funds and the trade of coins can be complete through this way.

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namcunguyen
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November 05, 2018, 06:07:29 PM
 #735

You can use $ 500 as the minimum amount to invest in the crypto market. But with a small amount, you also earn not much profit.
So investing with very small money will not benefit for you.
popolite11
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November 06, 2018, 05:09:14 AM
 #736

depending on if you want big results then you have to prepare big capital, if you are still learning to trade then use a little like 50-200 $.
and if you want to trade use free money do not use money for your daily needs or you will feel pressured when you need the money and you sell it when you lose.

Before you invest the money think about one thing: what is the sum that you are not scared to lose? If you know you will not regret if you do not earn but lose a thousand, start from this sum. I think, you understand the idea.
jojowar
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November 06, 2018, 05:17:06 AM
 #737

For me if you want to start on trading learn first how it works before you make an investment. For the amount, if you have an excess money and you want to make profit out of it then put them into trading but make sure that you had already study on it.

ngocdhbk2
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November 06, 2018, 05:37:56 AM
 #738

In my opinion about $ 200 is just enough for the first step you learn to trade and capture the market. Then you can increase the amount of money when the trade is complete and experienced. You should consider carefully before you decide. The amount of trade it depends on your experience and your instincts.

bestpikka
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November 10, 2018, 01:46:53 PM
 #739

I personally have the principle that the money I buy for investment is free money which I have excess money and I use to invest so that it increases. why did I choose free money? because investing in the crypto world is very vulnerable to the worst because of the very unstable crypto prices. so if I experience the worst, of course, it doesn't disrupt my economy and the first time I invest in crypto I try from $ 300.
gandalfar
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November 10, 2018, 07:00:17 PM
 #740

For me $ 100 you can start a trade and invest with the crypto market. But you have to pay attention to market knowledge as well as experience which is most needed for beginners to participate.

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