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Author Topic: With how much should i start  (Read 13485 times)
Ilegendph
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December 31, 2017, 05:04:11 AM
 #261

There is no ideal number. My favorite advice is always this: Invest an amount that wouldn't hurt you financially even if you lost all of it. Although we all hope for the best and want to make profit, the crypto environment (especially the altcoin environment) is highly volatile and you never know what might happen tomorrow.
I just want to add that the best strategy is to diversify your investment. Invest in something that is established and after you make profit, that the time to invest in other crypto.

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Zeke_23
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December 31, 2017, 05:35:22 AM
 #262

How much do i need to start trading altcoins. I would like to know what would be the ideal number.

Thanks!
it depends on your funds, $100-$200 is enough to start trading, or even much lower. but trading is not as easy as you think. you have to study first the flow of a certain coin to start trading.

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Casalania
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December 31, 2017, 05:54:17 AM
 #263

you can start with small amount, like .033 eth or $25, but of course, the smaller your capital is, the smaller profit you will get. so if you want to earn more profit, you must start with a big value. but you must also consider the risk you are facing if you want to go trading.

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December 31, 2017, 05:57:56 AM
 #264

There is no Ideal  number you can start trading with. You can however start with $100 to familiarize yourself with the market and the act of trading! Trading require a lot of skills and maneuvering. So get started.

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December 31, 2017, 06:06:32 AM
 #265

How much do i need to start trading altcoins. I would like to know what would be the ideal number.

Thanks!
it depends on your funds, $100-$200 is enough to start trading, or even much lower. but trading is not as easy as you think. you have to study first the flow of a certain coin to start trading.
$100-$200 i think that is enough because you’re just about to begin, but that is true you need to spend more time just to learn in trading because that is not an easy, you know what i mean.
pwchan001
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December 31, 2017, 10:09:13 AM
 #266

Well, if you don’t have any experience in trading cryptocurrency, I suggest you start with a small portion of your saving, say $1,000 maybe. Then, do some researches before you make any investment: You can go to the coins' official website to have a look into thier road map and development team; go to Coinmarketcap to view their past performance; and read some relevant threads in this forum.

Just a reminder, you should try to avoid investing in coins whose price has increased suddenly but have very low transaction volume because such a sudden increase in price is quite likely to be caused by one investor only, he/she just wants to pump up the price to attract more and more people without any investment experience to invest in his/her coins so that they can sell as many as possible the coins he/she has accumulated.

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December 31, 2017, 10:29:25 AM
 #267

Ideal number? i don't think there is an ideal number in investing. In my opinion if you want to invest on something, look carefully at your finances. Whatever the amount you can spare on investing is good enough. Don't invest everything you have. As someone who is just starting to venture in this field, be smart. Start with your loose funds. Funds that you can yield to lose.
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December 31, 2017, 10:38:18 AM
 #268

There's no specific amount needed for you to start trading. It depends on how much you have and how much you are willing to lose, considering trading is a risk, sometimes you win, sometimes you fail. Before investing be sure to know the basics, it requires a technical savvy for more chances of success.
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December 31, 2017, 10:54:08 AM
 #269

I think in order to start investing in the crypto currency, you should have an untouchable supply of money. That is, if you now have money and you immediately decided to invest it somewhere, while you have nothing left in your pocket, it's silly. Start investing at least a thousand dollars.

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January 01, 2018, 07:06:08 PM
 #270

If you want to earn real money not just training then I suppose it will be enough to get at least 400 dollars for buying some currencies. In such case the result will be vivid. I have started of this sum some time before.
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January 01, 2018, 07:09:01 PM
 #271

There is not minimum investment in trading, but i suggest you start with $500-1000 so you can see the gains easily,because the BTC price increases the satoshi value also increases.

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January 01, 2018, 07:20:01 PM
 #272

Start with any amount that wouldn't hurt you if you lost it
krky
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January 01, 2018, 07:23:08 PM
 #273

Any amount that you're fine losing, beyond that will cause you trouble.

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Stavri
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January 01, 2018, 07:52:23 PM
 #274

How much do i need to start trading altcoins. I would like to know what would be the ideal number.

Thanks!
There is no ideal number. I started with my one month salary 1 year ago. If i had a better job i would invest more probably.
So it depends on how much money you have and how much money you can risk  Smiley.
GreenCoin22
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January 01, 2018, 08:05:09 PM
 #275

I think 1k dollar is ideal for starting it ll be very good for u if u have this money, if u are going to make searches about coins and project of them if u are going take seriously this job, u can invest more money..
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January 01, 2018, 09:36:15 PM
 #276

I think you need to start with 1000 dollars. I do not know what strategy you will choose. But I started with 1000 and bought 10 different coins. Of course, nothing is super profitable at once. But over time, you are lucky with a coin, and you will gain experience.
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January 01, 2018, 10:12:41 PM
 #277

my experience first is likely to lose money in crypros, not to make money. So I advise you to start with small amounts (1000-2000), until you learn

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January 01, 2018, 10:15:09 PM
Last edit: January 01, 2018, 10:42:55 PM by mayidid
 #278

You don’t need much money to trade, you can start with maybe as little as 500$ or possibly even less than that. Of course the saying “you have to have money to make money” is true because if your principle is low, the profits are low too, but you have to start somewhere. Any amount is worth it as long as you can gain a profit from it.
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January 01, 2018, 10:19:45 PM
 #279

Start with an amount that would not hurt you if you lose it all. Said that important is that you read about the alt coin that you are investing. Dont just put money on something because you read it in the forum.
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January 01, 2018, 10:26:30 PM
 #280

Like investing on anything else. Start with an amount of money which whom you are willing to lose because a risky investment needs sacrifice. It all depends in your budget and capacity.

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