LordDisick
|
|
January 02, 2018, 11:34:10 AM |
|
Don't use all your money instead start with just quarter because its better that way just in case you will lose it. Just keep in mind that invest what you can afford to lose.
|
|
|
|
olya_n
Member
Offline
Activity: 280
Merit: 10
|
|
January 02, 2018, 11:56:50 AM |
|
The ideal amount for investing is not. How much you can invest in altcoyins is up to you. It all depends on your opportunities.
|
|
|
|
kiddeon123
Full Member
Offline
Activity: 291
Merit: 101
https://icoenergy.org/
|
|
January 02, 2018, 12:00:35 PM |
|
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
There are no specific or required amount to be able to trade altcoin, It all depends on your capabilities to invest. Like me I started with nothing. I just join some bounty campaign here In signature campaign and the earnings that I got from here is what I use in trading altcoin. Now I earn and already saved a decent amount of money because of trading and doing bounties.
|
|
|
|
mariaana
Member
Offline
Activity: 399
Merit: 16
|
|
January 02, 2018, 12:12:02 PM |
|
Trading is a risky investment. It is better to start with an amount that will not hurt your budget. You can start little as initial investment and gradually increase by adding the amount of income you received from your initial investment. Profits are created by timing purchases when the price is low and then selling when the price is high. Just learn how to speculate.
|
|
|
|
KTPU777
Member
Offline
Activity: 154
Merit: 10
AMON - Crypto Debit Card for Everyday Purchases
|
|
January 02, 2018, 12:38:55 PM |
|
Invest in the crypto currency you need as much as you are not afraid to lose. This is the main rule of the crypto-investor. In order to learn to trade will be enough and $ 100. When you learn, you can get more money to earn money.
|
|
|
|
Tony116
Legendary
Offline
Activity: 2324
Merit: 1023
DGbet.fun - Crypto Sportsbook
|
|
January 02, 2018, 12:47:33 PM |
|
I think that newbie should start from $500 at least. $100 is not much enough to diversify assets well. My first investment was around 300$ a few years ago. It was the best time to buy and hold, but I was silly enough to trade)))
|
|
|
|
Disconnecting
|
|
January 02, 2018, 01:33:04 PM |
|
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. Yes that's correct before you invest you must think it as many as you can until you can fully decide whats really matter, you dont need to invest to much money but you need to invest too much of your time because you have to study and learn anything in crypto. That's all I can say.
|
|
|
|
bizonglimang
Member
Offline
Activity: 196
Merit: 10
|
|
January 02, 2018, 01:38:28 PM |
|
Visual currency market is volatile and there are big shake happens every day. So you start with a little amount to practice until get experienced.
|
|
|
|
royale143
Member
Offline
Activity: 294
Merit: 36
|
|
January 02, 2018, 02:00:30 PM |
|
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.
Good point. It's not actually the figure that matters, but the amount you can shed off as capital that you are open to all scenarios. If it prospers and amounts to a profit, then well and good. However, if it would make the wrong turn, and you would lose your profit, it should not be an amount that you would actually weep and cry over and you would despise investing. You must take note that in any venture in the cryptocurrency market, any move may amount to a win or a loss, like any other business venture.
|
|
|
|
macchiato
|
|
January 02, 2018, 02:52:52 PM |
|
No one can really answer your question. The amount varies depending on the invidual. Just invest what you can afford to lose. Do not overspend especially if you are a beginner.
|
|
|
|
sniveel
Member
Offline
Activity: 431
Merit: 11
|
|
January 02, 2018, 03:01:45 PM |
|
It depends on your own risk because it varues depending on the individual. You can invest how much you can either it big or small amount of money because its stationary to you to gain a profit. You can invest small amount of but its according to you in how you will make it big. Goodluck
|
|
|
|
Jibit
|
|
January 02, 2018, 03:56:16 PM |
|
i used to invest a little money from my saving money. i think you should understand how much money you have, and how much money you want to invest in scrytocurrency. balance between your profit and your risk you will take
|
|
|
|
shirackjs
|
|
January 02, 2018, 04:15:14 PM |
|
You can start investing with any amount you are comfortable with, that is the beauty of crypto. And it is good not to invest more than you can afford to lose. Good luck.
|
|
|
|
Maikl
Member
Offline
Activity: 532
Merit: 12
|
|
January 02, 2018, 04:23:35 PM |
|
if you want to trade on the exchange, you get a small amount and try to trade! if you just invest for a long time, move all coins in the wallet!
|
|
|
|
Sheckley
|
|
January 02, 2018, 04:27:09 PM |
|
The ideal number is the quantity of money that you can afford to lose. If you are not skilled, you can easily lose your money trading, unless you are ready to wait a long time for the price to recover when you make your first mistake. So, start with risking little.
|
|
|
|
Master Third
Newbie
Offline
Activity: 161
Merit: 0
|
|
January 02, 2018, 04:34:43 PM |
|
Start with the amount that you are willing to lost, never forget that investing is risky and the possibility of loosing your money is not absence. But before you are doing that never forget make a background check the project. It will helps a lot to make your money safe.
|
|
|
|
mahmutbey
Member
Offline
Activity: 128
Merit: 10
|
|
January 02, 2018, 04:47:21 PM |
|
How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
First, you are free about the amount of the money which you will start with. BUT! Be careful about that, that amount shouldn't so big as may make your economic situation awful if it doesn't come back with or without profit.
|
|
|
|
rasyiqul1505
Newbie
Offline
Activity: 85
Merit: 0
|
|
January 02, 2018, 04:57:10 PM |
|
I think more is more because it can get a bigger profit. if you want to trade then invest with a definite altcoin, do not invest in an uncertain altcoin to avoid loss.
|
|
|
|
otundebis
|
|
January 02, 2018, 05:01:36 PM |
|
You could try trading with one Million dollar! There is nothing like ideal number. If you are new to trading, it is very important that you start with little money because of certainty you are going to lose your fund but the lesson you will learn will be very valuable than your fund at the end of the day
|
|
|
|
K0korap
|
|
January 02, 2018, 05:08:20 PM |
|
Start with an amount that you're comfortable. Well the bast thing that i can say is to not to treat this as a gamble. Well yes, whenever you invest you are risking some loss but it is definitely not a gamble. Since you should always base your decisions on a well grounded info to which you will invest in or to be more specific in choosing coins which you would like to buy. You can't set yourself to a specific amount, it depends on your profit and you comfort.
|
|
|
|
|