majacash
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April 19, 2018, 04:20:16 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!
20% of your monthly earning is enough but as low as $100 can do the magic too.what matter is you understanding how to HODL & when to sell part of it and place order ahead for when price drop
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Aldrinx00
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April 19, 2018, 04:26:31 AM |
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It depends on your financial capability on how much you want to invest and how much you can afford to lose. Because trading is risky you might want to research and learn it first before you put some money into it, my advice is that think of it carefully before you jump into it and regret.
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zorgo
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April 19, 2018, 04:32:02 AM |
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I think ideal amount of money is your monthly salary. This amount is enough for buy 2-3 coins most of time, this amount won't hurt you much if market falls, but you will feel price of those asset.
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Malya_alkendy
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April 19, 2018, 04:39:43 AM |
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To my knowledge there is no minimum limit to start trading cryptocurrency, provided we have money only and can be bought coins that can be made berdagan. I think $ 25- $ 50 is enough for a beginner. and if you want to buy more coins, you can save from now on. leave your paycheck 10% -15% every month, if you have enough to buy more coins and trade. while waiting for money to gather we can learn first about the science of trading.
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Barabulya
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April 19, 2018, 04:46:20 AM |
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Very strange question. In my opinion, each person determines the amount of investment acceptable for himself. I am sure that a minimum of risks is a fundamental criterion for determining the amount of money invested.
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dasha_buka
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April 19, 2018, 06:42:33 PM |
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Maybe you should try 1-2 months just to sit on the charts, try to guess the price of coins, or an approximate range of motion. And then move on to real investment.
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VSOP_VSOP
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April 20, 2018, 07:09:21 PM |
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I know one thing, you definitely do not need to take all your money and enter them into the crypt. Try to buy 1 coin, hold it for a week, look at the result, etc. You need experience in this case.
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sashunya.popov.1993
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April 20, 2018, 07:39:34 PM |
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The start must be just with those amount of money you can just "throw away", or just forget, as You wish. It will increase in proportion to the experience gained and the reward.
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alexey8080
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April 20, 2018, 07:53:32 PM |
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The greater amount of money you invest, the more profit you have of course. I can say the minimum that is needed - in my opinion it is 1000-1500 $ at least.
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phuongthaopt212
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April 22, 2018, 08:09:11 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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cryptonad
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April 22, 2018, 08:41:04 AM |
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It depends on how depth your knowledge in crypto and ofcourse how much you can afford to put at risk. If you are new in this field I suggest you start a few amount then observe if you are gaining profit and at the same time you are gaining experience as well.
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kenborbs
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The revolutionary AI gaming ecosystem
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April 22, 2018, 09:07:34 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!
What is your purpose? if you plan to buy and sell tokens/coins or long-term investment al least 1,000$ to 5,000$ is a sweet spot. I prefer long-term investment because this works for me, you just have to be patient in holding coins even though the market is turning red you will lose money if you do the panic selling. You can also trade/ buy and sell every day but you must do some research about how the cryptocurrency market works to avoid big loss.
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jaklis43
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April 22, 2018, 09:08:19 AM |
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My advice, if you plan on short-term investing is better spent in large quantities. Unless you want to invest in the long term you can spend a small amount but periodically. But the decision it's up to you.
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7Pro
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April 22, 2018, 09:16:29 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!
Start with a minimal money because you are just starting and even you get burn its not hurting your pocket. Before i started I just only put 10$ on trading site to observe and experience trading because im still newbie before. I experience panic selling and panic buying before and thats no good , but thats normal because im still newbie before in trading. Until 5 months i have a lot of improvements and experiences so then i just decided to put 200$ . Luckyly that 200$ grew up to 70% sometimes i make mistakes but i always win. As people who have less of knowledge, invest in big portion could be big mistake for them since they still can not control emotion and also more blaming other because of following other decision. Before we feel ready to invest more to get more profit, as beginner, invest small amount which you can afford it.
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vanedwap
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April 22, 2018, 09:22:20 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 you, if you want you can start at small capital for the practice purpose and if you think you are good enough to get along with the trader then try to trade with big capital
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Iagan Lee
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April 22, 2018, 11:25:35 AM |
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I advise you not to invest too small a penny, because if it's profitable, it's worth it. $500 is acceptable.
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Milana Gerson
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April 22, 2018, 11:26:26 AM |
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How much do i need to start trading altcoins. I would like to know what would be the ideal number.
Thanks!
it depends on you, if you want you can start at small capital for the practice purpose and if you think you are good enough to get along with the trader then try to trade with big capital I advise you to trade with small capital for at least 1 year. Today, trading has become very difficult, you need to be careful not to lose money.
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Plixs
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April 22, 2018, 11:28:56 AM |
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Start from the small amount that you can lose. They said that if you trade with a big amount of money you could gain higher profit or loss. Still there is a great scope in cryptocurrency, you can make a lot even if you input a small amount.
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k-west
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April 22, 2018, 11:33:29 AM |
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I recommend you to start with small amount,5000-10000$,then if you are a good lucky trader,you will increase this amount ×3,×5 times.But it's not that easy,so be careful.
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olatslodi
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April 22, 2018, 11:35:02 AM |
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Start with as much as you can. But you must understand that investment is a risk. Therefore knowing what you are doing will give you advantage as it will give you a open mind understand things and to develop yourself more. If you do you're research and have patience you can make some nice profit this way.
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