Kcryptonite
Newbie
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Activity: 77
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July 05, 2018, 04:39:05 PM |
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As most would say, start with money you can throw in the trash can an would not mind you will not see it again. That is how i roll. I lost a little but it didn't hurt because i already accepted that before i invested.
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Niklomn
Newbie
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Activity: 196
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July 05, 2018, 05:07:45 PM |
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I advise you to start investing the amount that you are not afraid to lose. And then when you have more experience, you can invest large sums.
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debianbro
Newbie
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Activity: 136
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July 05, 2018, 08:21:00 PM |
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I do not see the point of investing less than 200-300 $. And it seems to me a small amount is better to invest in ICO.
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Melnikof
Member
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Activity: 336
Merit: 12
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July 05, 2018, 09:21:37 PM |
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Ideal is 100 USD for starting. Research and study the flow of the market. And check any tokens that have a potential to grow even more. 100 USD is a fine capital for this investments. A good start for investors I always say we should perceive the $100 as a trial version of the fully-fledged trading. "Living" money is an excellent idea for getting used to the market movement and assess all possible risks. You'll start to learn from your mistakes much sooner, and it's the main merit of such an investment!
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Psychee
Newbie
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Activity: 28
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July 05, 2018, 09:24:03 PM |
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you can start with 100 bucks at least this and a little but enough and I advise you to invest in Socratus
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KDjr
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July 05, 2018, 09:25:23 PM |
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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.
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JCO05
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July 05, 2018, 09:30:46 PM |
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There's no minimum amount to start trading in cryptos. But to be practical, the bigger your capital, the larger is the possible profit. You need to know what market volatility is all about. Once you sre awared of the risks, the chance of losing profit would be lessen. But trading in the first place is not advisable for new comers so make sure that you know what you are doing.
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minipun
Newbie
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Activity: 179
Merit: 0
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July 05, 2018, 10:39:44 PM |
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I think there is no limit . If you have more you can put more if you have less you can put less . Just choose the right coin to invest with a good research
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Raidal
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July 05, 2018, 10:45:49 PM |
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Honestly, I am a person who does not have much capital so I do not use a lot of money to do altcoin trading. I can only suggest how you should be able to trade securely. First, make sure that the money you use for trading is not the money that will be used for daily need. You should use the money savings which you are ready if you fail then you must sincerely lose all your money. You can start trading with the amount of money that you think it would be sincere if you lose the money. This is to shape your mental and self-acceptance of the bad things that happen if failure happens to you. You can also trade with no capital at all. You can also get the initial capital from a bounty campaign if you really do not have savings. That might be my bit of advice.
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chadtn
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July 05, 2018, 10:59:56 PM |
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There is no any idea number. Start with the amount you can lose with a smile on your face. This way you can learn and will not be caught up in a pain factor.
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Dwarfalamei
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Activity: 360
Merit: 103
🤖UBEX.COM 🤖
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July 05, 2018, 11:04:10 PM |
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I think that it does not matter at all. You can start with the amount that is not too pitiful. I would not immediately invest all my savings - yet the risk is not at all small!
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dobol
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July 05, 2018, 11:05:57 PM |
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do not ask others, measure your own ability with the budget you have and do not hurry, you should be able to measure the skill with the budget you have to get the maximum profit
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amanarora_1
Member
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Activity: 448
Merit: 10
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July 05, 2018, 11:13:22 PM |
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According to me, start with minimum amount between $100-$500. But don't start your trading with anycoin you likes first, i suggest you to first invest in Bitcoin or Ethereum only. These coins are life of crypto at current stage, while others are temporary. So this investment should make you riskless and gave good experince in trading.
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prehisto
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Activity: 882
Merit: 112
Your Data Belongs To You
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July 05, 2018, 11:34:53 PM |
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It depends on your strategy. I would and i am investing small in some new projects with big potential.
But it takes time for me to research the project and observe the project till i am certian that i want invest. In this projects i go in for 100-300$ at time , this is my comfort zone.
If i invest in correct phase I can get x10 the money .
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aceptamosbitcoin
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July 05, 2018, 11:36:30 PM |
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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. I don't agree with you. I am against the set amount. The most important is to know how much money are making a difference for him. If he has $10000 monthly salary $500 is nothing to start with.
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yinoye
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July 05, 2018, 11:59:48 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!
Any amount of funds can be used to trade altcoins. The more the funds, the more the profit and you won't have to wait for big percentage gains to come out with good amount of btc profits but the downside to bigger capital is that your risk exposure is high as the cryptos market is very volatile and can cause partial or full loss of trading capital Any amount of funds can be used to trade altcoins. The more the funds, the more the profit and you won't have to wait for big percentage gains to come out with good amount of btc profits but the downside to bigger capital is that your risk exposure is high as the cryptos market is very volatile and can cause partial or full loss of trading capital
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Skizzewizzie
Newbie
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Activity: 81
Merit: 0
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July 06, 2018, 12:04:37 AM |
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Invest only what you’re willing to lose. This seems like common sense, but it needs to be said nonetheless. You don’t throw all your retirement money, savings, etc. into the Crypto Market (really, any market) no matter how much you believe in it. If you have so much invested that it’s causing you to have restless nights, affect your health or mood then you’re investing more than what you should. I personally invest 10% of income, 20% if I have no debt. If you are young with no family you may be able to invest more. Use your best judgement!
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evelyne.theresia1
Jr. Member
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Activity: 178
Merit: 1
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July 06, 2018, 12:19:00 AM |
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It depend how's your financial, and if you don't have much money. You need to start: 1. Trading For trading, I recommended you that you need to use money that's wouldn't hurt your any financial, otherwise ash money, so when you get loss you didn't feel sick. 2. Invest on ICO Of course investing on ICO will use money, but not much. As far you can go with your money, investing you money on ICO (with a high risk) 3. Join Airdrop or Bounty THIS ONE I LOVE!!! Join Airdrop of Bounty was my favourite recommendation for a newbie who join on cryptocurrency. You can start with 0 Money So many Airdrop/Bounty project on this forum. You can find it on here https://bitcointalk.org/index.php?board=159.0 or your Local Sub Forum if you didn't learn much English Language
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evolution2k444
Newbie
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July 06, 2018, 12:29:27 AM |
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It depends on how much you have. If you have a $100 or maybe $200 in your pocket then maybe that is a good start. Even with a small capital, you can start your career in crypto. Jus be keen on investing in ICOs that have potentials and with a little luck, you can double that amount in a matter of months.
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Sithara007
Legendary
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Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
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July 06, 2018, 12:43:26 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!
As far as I know, there is no mandatory minimum amount. Some of the exchanges do have a limit on the minimum BTC deposit, such as 0.01 BTC. But most of the exchanges don't have any limits, either for the BTC deposits or those done with alts.
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