Tubsie
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Merit: 4
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January 20, 2018, 05:04:58 AM |
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There is no ideal number, for every person its different. Maybe u can take some good tips of bankrollmanagement, its a pokerterm but can be applied to cryptotrading. Its basicly stopping you from putting all ur money in to one bet and not letting you bet all your money away in 1 game. Some really good basic rules simply google the term and u can read about it.
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Rrtt
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Activity: 378
Merit: 10
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January 20, 2018, 05:37:21 AM |
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If I were you, I would start at a little budget. Just invest what you could afford to lose these days. The first time that I've invested in an ICO was $10 each from Blackmoon Crypto and Paragon Coin.
I've also invested $10 in Plexcoin (despite the scam issue and the arrest of it's founder), which I don't regret at all because of the small amount I shell out (who knows it might surge again). Just don't put all eggs in one basket when investing in a cryptocurrency or ICO.
Nice advise my friend. It enlightened me a bit on the investment side of cryptosphere and i hope everybody else who does not have experience in investing will heed your advise. What happened to your $10 investment on Crypto and Paragon?
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Kupid002
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January 20, 2018, 05:48:43 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!
trying that kind of mindset wherein yo may able to make a lot of profit first set this that no matter how much profit are you willing to provide for then a good research may also help you to go through out on it we can say that this was as a good project as a person always made some own decision for.
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Auditan04
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January 20, 2018, 05:50:34 AM |
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This is investor starters problem. How much they will put in their start-up investment. The general rule is the amount to be invest is the amount that will not hurt you when all of the money will be lose. Before you invest my advise is to study first. Don't invest if you don't understand the market behavior.
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nguli
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Activity: 336
Merit: 10
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January 20, 2018, 06:20:49 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!
here there is no limit you want to start from how many, it is pure desire and as much as you, if you do not too have money do not be too forced because playing digital currencies like bitcoin and altcoin can not if in brief, must require a very high patience and play long term so that you get the maximum profit.
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doaremon
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January 20, 2018, 03:53:11 PM |
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Well it needs your desire. If you have many money to invest then to me invest half of the money. And the rest must be reserved so that if you don't get any profit. I call it as half half theory. You can try it.
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paulus51
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January 20, 2018, 03:56:29 PM |
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You can start with small amounts of a few dollars. If you find yourself a successful trader, then in the future you will be able to expand the scope of participation
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Pamadar
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January 20, 2018, 04:35:55 PM |
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You can start with small amounts of a few dollars. If you find yourself a successful trader, then in the future you will be able to expand the scope of participation
its hard to say that same thing will happen when you use much larger amount of money. as inside the crypto industry a lots of sway will happen and we really cant anticipate perfectly we needed a lots of tools before we enter larger funding, its a good way to earn but also a risky one for those who are so aggressive without any proper practice and for those who did not do their homework.
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kiemponxs
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January 20, 2018, 04:50:54 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 no measure for the capital you have to prepare. but some market exchanges limit in the amount of deposit. I think you can try to learn first before actually plunge for trade. This is important, as you must have a basic knowledge of trade.
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Humpert
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Activity: 238
Merit: 10
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January 20, 2018, 04:52:55 PM |
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Just start from amount that you can lose, not your initial saving, So you can know and assess whether to trade something.
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Durr_1412
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January 20, 2018, 04:53:13 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!
It depends on how much you have. If you don't have much $500 is ok. If you got a big cap, 1500 - 5000 will bring back a good income.
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lalabotax
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BK8 - Most Trusted Gambling Platform
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January 20, 2018, 04:56:47 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!
You can try from a small capital to learn every knowledge in the world of commerce. I think you should try slowly for the sake of your knowledge and understanding. it is currently a good time to buy some altcoin, because its value is quite low than ico price.
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sukoyomi
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January 20, 2018, 04:59:21 PM |
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it depends on the experience and cleverness in trading on the altcoin. for me if I want to trade in this world of crypto, I always mempresdiksi price that will come, if I believe with altcoin, then I will invest 50% of all the money I have.
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phelbaby
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Activity: 434
Merit: 10
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January 20, 2018, 06:40:26 PM |
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It is better to start with the little amount of money you have,than try to understand how the the trading works before investing all your money into cryptocurrency.
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Dmitry_K
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January 20, 2018, 07:17:29 PM |
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I think there is no exact answer to this question, all individually. For someone it's $ 100, for someone $ 1 million, but in any case it should be the amount you can risk
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hardalisas
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January 23, 2018, 02:17:26 AM |
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As long as you can afford to lose, you can start. Invest continually.
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Karmakid
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January 23, 2018, 02:21:30 AM |
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I think if you want to do some alt-coin trading you should try to start with a small amount just see if you could handle it well, And if you could handle it well then I think you should put all of your extra money in it to earn a huge profit.
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crazylikeafox
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January 23, 2018, 03:06:18 AM |
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better start with an amount you can afford to lose and try to research different altcoins you want to invest in, try to get 5 different altcoins and divide your investment in it.
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Kamelia
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Merit: 10
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January 23, 2018, 10:21:50 AM |
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I think you should invest in a small amount of money, do not risk venting your assets into altcoin because you can lose all of it. The type of altcoin you can trust is bitcoin and eTH. Because these two types are always unstable, do not lose your money, many ico always use these two coins to pay
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Zufox
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January 23, 2018, 06:21:35 PM |
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The ideal sum of money- is the sum,that you're not afraid to lose.You must understand that the investment is a risk. But,the more you invest-the more profit! Do not forget to diversify the risks
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