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Author Topic: With how much should i start  (Read 13485 times)
sergio-faucetbitcoin
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April 22, 2018, 11:34:51 PM
 #821

You can start trading with any amount you want. Only invest what you can afford to lose, and if you want to do day trading, do it first with small amounts.

pstraene
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April 22, 2018, 11:36:40 PM
 #822

With any amount, you can start the crypto investment/ tradings...however there is a minimum transaction amount defined in each and every exchange or wallet. Therefore you should invest that required minimum amount at least.I think if you are just starting, start with small amounts like 50$ so you can get experience then move up.the more knowledge youve learn the more less in risk in trading.
kendra1107
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April 22, 2018, 11:49:13 PM
 #823

Question is, how much can you afford to lose? This is basic trading principle in which only you can determine. Start with a minimum if you wanna test things out first. Get a feel of how things work around this system before making any major moves. This way you are studying and applying at the same time. It's just like a card game wherein you will lose countless of times before getting the skills for handling your hand better to increase your chance of winning. Same principle, just a different set up.

supelle.born
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April 22, 2018, 11:53:08 PM
 #824

The initial capital should be an amount that you can lose without worrying about that. Crypto market is very risky so do not bet all your money on it.
oneidentity
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April 22, 2018, 11:53:23 PM
 #825

Start with bounty campaigns along the way studying projects and the specifics of the market. Then you can proceed to investment only in small amounts. Gradually you are drawn in and learn all the subtleties.
Wylie330
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April 22, 2018, 11:58:19 PM
 #826

All depends on you and there is no wrong answer.

If you can only spare as low as $20, go for it. Just might have to find a decent coin to invest in.

Agree. Doesn't matter if you start small. As long as you find a good coin to invest in. Potential coins will give you decent profit even if you only bought few coins of it.

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Masik2018
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April 23, 2018, 06:51:58 AM
 #827

As the people advised above, invest only extra money. No more than 20% of all funds, then in case of failure you will not be too upset.
Crytptomeniac
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April 23, 2018, 06:57:06 AM
 #828

With cryptocurrency, you should only start with money that you can afford to lose so that when prices actually go down, you can be patient and hold your coins with no problem because you are not freaking out about losing money that you need. Remember to do research and read up on the market before you actually invest in it so you'll understand the price fluctuations.
slava87
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April 23, 2018, 06:59:03 AM
 #829

I think you need to split your capital into several parts . One part of invest in BTC , in another part  neo, ripple , eth or other
Raggie
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April 23, 2018, 07:33:21 AM
 #830

How much do i need to start trading altcoins. I would like to know what would be the ideal number.

Thanks!

You dont need to start with large amount of funds. Just with $100 i think it is enough. but with that amount you can only earn few.
first, what is your purpose on trading ? if you just want to learn and get experience, no large amount needed.
The Cryptologist
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April 23, 2018, 07:42:48 AM
 #831

To be able to make orders for buy and sell in exchanges, it should be not less than 100k sats. I don't know what is your local currency so just convert it like in USD it's $9. Maybe you could pick 5 for your starter portfolio.
Humpert
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April 23, 2018, 07:43:28 AM
 #832

You will start from studying and learning from all losses. You will loss definite money in crypto just learn from it. Start small.
macoinz
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April 23, 2018, 07:47:31 AM
 #833

I invested about 1000 USD in graphic card and I usually get 200-250 USD a month. I invest 25% of what I mine into altcoins. I have already recovered my investment and its buying me bitcoins/altcoins.
insect
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April 23, 2018, 07:50:18 AM
 #834

I think that it is better for you to invest as much as your budget allows, since this is the most normal when you do not invest everything, but the average amount. I think you understand me.
RagnarosF
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April 23, 2018, 07:53:35 AM
 #835

You can start trading with any amount. There is no minimum or maximum fund you can start trading with! The beauty of bitcoin and many altcoin is that they are divisible to a fraction of 100 million! So you do not have excuse not to trade and learn about cryptocurrency!
Malacesia (OP)
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April 23, 2018, 08:17:03 AM
 #836

I started with 1k but i dont feel the reward money wise. I think ideal would be 10k so i can make a living.
iljamlnk
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April 23, 2018, 08:26:55 AM
 #837

If you have little money, respectively, and earnings will be modest. But start trading on the exchange with the amount that you will not lose - do not invest the entire family budget or, worse, borrowed funds.
Dadounet
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April 23, 2018, 08:29:19 AM
 #838

Start with 10% of your savings ; it seems a good compromise. If it fails, no problem, you can afford... and if it goes to the moon, you will be very happy.
Good luck !
Roksodhon
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April 23, 2018, 08:31:54 AM
 #839

There is no minimum or maximum. Trading is a risky investment.  It is better to start with an amount that will not hurt your budget. And before invest,  you should study and seek a lot of knowledge about crypto, trade and investment.
WaffleMaster
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April 23, 2018, 08:55:17 AM
 #840

You'll need to learn trading discipline before trying to make it big in trading. I'd suggest making 1% or -1% on a trade either way no matter what. If you're a good trader you'll be seeing more +1% than -1%. But the key here is to always make sure you have an exit position, a point which you will exit the trade no matter what. You won't get your emotions involved and will always have the same risk in your trades.
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