scaramanga1337
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January 01, 2018, 10:30:34 PM |
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its not a question of the amount of money ...... only invest what you can afford to lose! .....true words! .......otherwise u can't sleep anymore....u will be nervous all the time.....and you won't make clear decisions...
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The_Dark_Knight
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January 01, 2018, 10:57:48 PM |
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How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
There is not an ideal number, it all depends on what your circumstances are, if you do not have a lot of money then your best bet will be to invest in a good ico and wait for the token to gain a lot of value really fast, now if you have a few thousands of dollars you could begin trading on its earnest however you need to be careful making money with altcoins is not a easy as you may think.
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kingasterisk
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January 01, 2018, 11:03:49 PM |
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I started with 1k, an amount i was prepared to lose completely, this is an high risk environment so just pick something that wouldn't hurt you too much.
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Blas
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January 02, 2018, 01:14:52 AM |
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There is not a fixed number for start. If you start with very small amount this can prevent you from investing in Bitcoin for example, because of the high fees. But the most important rule about investing is: "Never invest money you are not ready to loose." For start I will try some of more popular names like Ethereum, Ripple and Cardano. I have invested in all of them and for now the results are really good.
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Littlebitkid
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January 02, 2018, 01:18:07 AM |
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You can start with any amount, 1$ 10$ 100$ 1000$ or even completely 0$ if you have device and internet connection you can do it. There are so many sites out there offering free money but you must beware
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kemet jr
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Merit: 10
Sapien.Network-Beta Platform is Live
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January 02, 2018, 01:24:00 AM |
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It all depends on how much you can afford to lose. Investing in cryptocurrencies involves a lot of risks. You have to consider the possibilities of losing your investments many folds same as you expect it to increase many folds as well. Along this line, project how much risks you can afford. Do your research as well to mitigate losses. Happy investing.
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1 currency now
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a sharp sword
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January 02, 2018, 01:30:33 AM |
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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.
You don't really need $500 to start, only $10 or so can make you a bunch of money if you trade inside the right coin.
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OG member. Brian Ray
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mrcastelo
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January 02, 2018, 02:10:11 AM |
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Its up to you on how much money are you willing to take the risk. But its better to start with minimal amount less than 100 dollars. And make sure you research first on the coins you are buying.
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mpufatzis
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January 02, 2018, 06:34:43 AM Last edit: January 07, 2018, 01:10:04 PM by mpufatzis |
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You don't need much money to start trading. You can start trading, sending $50 in the exchange you like and buy your first coin. In my opinion, you have to consider the commissions you are going pay on the exchange. It will be the largest cost you are going to take as a trader. So make a research in the exchanges and chose one with the good reputation and low fees. If you want to be a holder you'll probably want to send your coins in your wallet and not keep them in the exchange. Then you'll have to pay extra fees for the transaction.
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stockblock
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January 02, 2018, 06:40:36 AM |
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I invested in 3 graphic cards and mining coins from it. Thats how I started a year ago :-)
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dark1jerk
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January 02, 2018, 07:29:57 AM |
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For me you can invest as much as you can. But note that invest what you afford to lose. Trading on crypto is always at risk, you can invest on small amount and buy a dip coin and wait and wait and wait, be patient. But if you have a larger amount, it's better. A higher the investment the higher the profit.
GOODLUCK
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xindoa
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Staker.network - POS Smart Contract ETH Token
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January 02, 2018, 07:52:42 AM |
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Depending on the coin you want. the bigger the investement the greater the return will be. put in what you can afford to lose is my number one rule. so i think the number will be different for every person. look at what you can afford to lose. crypto is not a science so you can lose all if you are not carefull
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Al Amin
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January 02, 2018, 10:31:29 AM |
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I only give advice when you will start trading, you do not be too burdensome yourself, just spend as much money as you can. but certainly with a trained patience. I used to capital about 0.3 ETH, and even then I get from follow signature campaign.
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mega
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January 02, 2018, 10:37:32 AM |
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Its totally depend upon your worth of income that how much you can bear if you loose,Before investing keep in mind both side either win or loose and make target in both situations.If you invest more definitely will earn more profit,Beside go on research and continue it to explore the knowledge.
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Got my account back! It was hacked. Sorry about it :|
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matjas
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January 02, 2018, 10:47:51 AM |
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How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
I would say you should start with 1/4 of your monthly income just to get a feeling how all this works. If you fail, you probably wont miss that amount of money that much but if you manage to get some profit, i am sure it will be a significant chunk of money for you.
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Similificator
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January 02, 2018, 10:54:25 AM |
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How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
You can always start with the best you can invest but not the kind of amount that would make you lose savings for emergencies that may happen to you. The only thing you should worry about here in the cryoto world is having enough knowledge. Because even the smallest investments can become millions if you know what you are doing. Good luck man.
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waqasniaz007
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January 02, 2018, 11:01:30 AM |
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I started with $150, so actually any amount you can afford to lose.
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kirito1614
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January 02, 2018, 11:06:14 AM |
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As a matter of fact they generally says that dependably begin little and contribute just the sum your a bear to lose. It is exceptionally to begin exchanging digital forms of money. With only a solid trade and a little beginning capital you can begin your exchanging venture, yet there is just a single inquiry, Would you say you are sufficiently skilled to exchange? Exchanging is exceptionally hazardous approach contrasted with other venture opportunity however can likewise be fulfilling if done right. Concentrate first and in the event that you are sufficiently certain and well learned on what you are doing then the sum won't make any difference. You can become even a little sum. It is smarter to hone with a little sum first at that point on the off chance that you want to exchange well then that is the time you might need to include some more capital or utilize the benefit you gain to compound it.
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Yooshijin
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Powering Real Economy in the gaming world
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January 02, 2018, 11:10:12 AM |
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You may start at any amount. Because there are no limit on how much you should buy. But of course you have to take a look on your capacity. Investing on crypto have higher risk. So trade with caution and invest only what you can afford to lose.
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9tails
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Merit: 13
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January 02, 2018, 11:27:14 AM |
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If you're going to start with a trading,Start with a small amount.How much you would risk at trading?.Spend it Half in Bitcoin and Half in Altcoins. that's my reccomend to you.
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