jekyde
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January 16, 2018, 05:55:50 PM |
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with different limit on beginning balance as trader might works with decision on running of personal decision of release as following use with the customs on personal preference on possessing resource.
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invincible49
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Remember who u are, what u are & who you represent
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January 16, 2018, 05:58:38 PM |
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Always start with the amount you can afford to lose. For a newbie it always should be something about something in between $500.
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Valuyet
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January 16, 2018, 06:02:38 PM |
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How much extra money do you have? You answer would be the answer to your own question. There is no standard amount here. It only depends on you if how much can invest. Coins are dropping today, take this opportunity to buy them while they are cheap. You also have to consider the exchange and transaction fees, count them as part of your investment.
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engin978
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January 16, 2018, 06:15:40 PM |
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as most of answers I will start..there is no certain amount... What is your expectacions....what is your recovery limit.... my suggestion is to start with small amount,will be better to learn.. then you can invest more...I did the same...
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Visin
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January 16, 2018, 06:21:01 PM |
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Different amounts for everyone, if you can invest $ 500, then this is the amount you are going to use to start your trading career, but if you can use more money and you are confident in your abilities, then use more money, this will help you in term perspective.
$500 is a lot. I am only stating that because most people that trade coins like to set a minimum of 0.0001 BTC or close to that amount.
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myortvyje
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January 16, 2018, 06:21:25 PM |
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If you are not experienced, it shouldn't be for example $50.000 for sure. It depends on your wealth and experience.
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Mateox
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January 16, 2018, 06:46:18 PM |
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For best results it is best to invest as much as you can, because of faster high returns. But in reality at start you will probably trade worse than you would, so risk of a bad investment is greater. As guys recommended you, invest only you can afford to lose.
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Emperor of Man
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January 16, 2018, 07:31:45 PM |
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As many people mentioned, the most important matter is to start with an amount that you can handle. Do NOT sell houses/cars/stuff or get a big loan and put it into trading (at least not when you're an amateur). Trading is supposed to upgrade your quality of life, not to give you a heart attack every now and then!
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rammanbl4
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January 16, 2018, 07:37:03 PM |
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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.
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testadimerlo
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January 16, 2018, 07:38:57 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!
Imo more important is to find the right project on which to invest. Don't be in hurry and choose carefully, there are still many possibilities to have a x5 or x10 gain. A few years ago I started with 200 Euro, more or less. Good luck!
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nobetci
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January 17, 2018, 09:31:09 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 think the ideal amount to start trading is, the amount which doesn't bring you crysis in a case of loss. If you want to be a good trader, you should be ready for any kind of loss.
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HowSoonIsNow?
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January 17, 2018, 09:41:46 AM |
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Start with the lowest possible amount that you wouldn't care to lose at all. I started with $50. As soon as I gained more experience, I added another $50, then it became $50 once a week, then $100 every week, then $1,000 once a month. Money I can afford to lose and still be able to sleep at night. The number that you are comfortable to work with is really based on your risk tolerance.Plan your exit strategy as well. I was able to get back all fiat I pushed into crypto after 6-7 months+100% earnings. The rest that I have in my portfolio are all profit now. Once every quarter, is my "payday" from my current holdings, that my exit plan.
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Mihaylovic
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January 17, 2018, 09:42:08 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!
Ideal amounth of money that you will invest is depends on you. We can not say anything about it. But today is the correct time if you plan to invest on altcoins. They are probably at the cheapest point of 2018. You will not be able to see these prices anymore.
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Moiyah
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January 19, 2018, 11:13:27 PM |
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It is always depends on your status in life. If you have lots of money and you're rich , you can invest bitcoin as much as you want. But be careful in investing, you might lose it when you don't know the movement of price. If you don't have that much money why don't you just invest in some altcoins that you think will fit only your budget.
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andrei56
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January 20, 2018, 02:32:02 AM |
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I think a sufficient amount is 1000 dollars. If you start with a larger amount, it's only better. But there are people who start and with $ 50 and slowly add more.
We need to take into account that the bigger the market grows our investment needs to grow as well, 50 dollars could have been OK when coins were very cheap but now that most of the top coins have skyrocketed you need more than that, most of the time you need to pay more than that on fees alone in bitcoin.
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Md Saad
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January 20, 2018, 02:42:45 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!
It depends on your desire how much you want to make the profit, The more you invest the more you will get in the future. So that if you want to start with a Bitcoin then you will get benefitted from this platform at least one more Bitcoin within Six months. So that you have to make a proper planning following your affording capacity. for me, $1k Is enough to in order to make a profit through trading.
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fearthebeard
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January 20, 2018, 03:03:20 AM |
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Just start from a little money if you want to invest, and make sure that you are investing the right coin
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wayaneka
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January 20, 2018, 03:06:29 AM |
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Actually you can start by any amount even only $50, but the amount of money should be the same with your skill in trading. And because trading altcoin is risky much better start by amount afford to lose. But if you think you have enough skill and have good trading plan you can start by $1000 or more but make sure that free money that willing to lose because no body can guaranted you will get profit.
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paxaway21
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January 20, 2018, 03:10:47 AM |
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I think if you're a newbie at altcoin and you just want to start trading you can start with a small investment like 0.002btc or 0.005 if it's a good deal of trading but you increase your investment so your profit is bigger
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ngefek berat
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January 20, 2018, 05:00:25 AM |
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If you want to start trading altcoin it would be better to use a small capital first to learn about the world of cryptocurrency so you can analyze how altcoin price movements at any time in order to gain profits are also acceptable to many.
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