X-avier
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Activity: 406
Merit: 10
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July 30, 2018, 05:56:50 PM |
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Ask yourself if you can trade! If you have skills in this matter, then the amount of investment is not so important, because you can make yourself a decent bank for some time without much investment. The second point is margin trading, it's really necessary to have a good margin of safety, because the market is very unstable, and you do not always get profit from the first deal. And always stick to the rule in your head, work only with the stop-loss !!! Otherwise you will become a long-term investor .....
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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sevtan74
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Activity: 192
Merit: 10
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July 30, 2018, 06:43:29 PM |
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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.
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restrax
Newbie
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Activity: 75
Merit: 0
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July 30, 2018, 06:52:20 PM |
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There is no ideal number. You should start with that you will comfortable and it will not hurt your pocket. Because crypto and trading are dangerous, especially if you have no experience. And remember - invest only what you can afford to lose.
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coingainer01
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Activity: 266
Merit: 10
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July 30, 2018, 06:57:09 PM |
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There is no ideal number. I think the best way is to put half of your money. After you learn trading, you will continue to invest
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Xeon
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July 30, 2018, 06:58:42 PM |
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I think you should spend not more than the half of your monthly budget to succeed in trading, don't invest too much as it is risky.
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nicolesalv
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Activity: 252
Merit: 4
Ethereum Limited Edition ICO
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July 30, 2018, 07:02:02 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 ideal number really in trading to start. For as long you are willing to join in trading you can start even a little amount so that you can practice in and be a good trader. Later on you can trade big amount but still be careful. |
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orisbar
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Activity: 294
Merit: 10
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July 30, 2018, 07:19:36 PM |
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I think you should spend not more than the half of your monthly budget to succeed in trading, don't invest too much as it is risky.
I dont think so. I think you should not spend you money in trading. May be you should earn tokens in bounty and then start to trading with those tokens |
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chikucrypto
Newbie
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Activity: 420
Merit: 0
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July 30, 2018, 07:23:58 PM |
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My advice you should have to start with small amount and when you will be expert in trading and you will understood market conditions then you can trade freely in the market and will be succeed.
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Yarsk
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July 30, 2018, 07:27:56 PM |
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Since the crypto currency market is highly volatile and the instability of the market price it made it very hard for any one to be able to states and amount needed to start trading altcoin so at that it becomes an individual decision but you should invest a good amount in other to take advantage of the market when the price rise.
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BigTimeProducer
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Activity: 171
Merit: 10
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July 30, 2018, 07:45:58 PM |
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You can start investing with any amount - the most important thing is to do it on a regular basis. For example, invest 10% of your monthly income in a pre-made portfolio of altcoins.
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ptraf
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Activity: 138
Merit: 10
Mining. Hosting. Cloud Mining.
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July 30, 2018, 07:56:13 PM |
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I think any budget from 500$ is ok for start. You can buy any major altcoin and start trading. Of course with bigger budget you can allow yourself more moves.
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c4ptch4
Newbie
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Activity: 172
Merit: 0
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July 30, 2018, 07:59:26 PM |
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maybe I think to start trading must have at least $ 100 dollars because if it is too small then we will only receive a little profit and please be careful in determining a coin so you don't lose money
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Ultimist
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July 30, 2018, 08:14:37 PM |
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You have to decide for yourself how much you start. Even if you don't have enough money, you can still try. Maybe it's even better. Because you will be investing small amounts and if you lose them, it will not affect your financial position. In addition, you will gain experience and then you will be able to make a big profit.
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HornChrist
Newbie
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Activity: 75
Merit: 0
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July 30, 2018, 08:47:27 PM |
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There is no number to start, it’s up to you. Suggestion is don’t take loans or something like that to star other wise you will not end well. I suggest start with what you can afford, and still afford your rent , food etc. So play safe and good luck.
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Galeyaniniz
Newbie
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Activity: 28
Merit: 0
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July 30, 2018, 10:36:00 PM |
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İt's not a question of the amount of money. Only invest what you can afford to lose!
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Kay94
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Activity: 364
Merit: 10
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July 30, 2018, 10:37:52 PM |
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Investing into cryptocurrencies is individual based and no one can tell you how much to invest. Just invest in any amount that you think you can afford.
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deonyx
Jr. Member
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Activity: 122
Merit: 2
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July 30, 2018, 10:57:37 PM |
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There is usually no fix amount anyone can suggest to you to start trading with, everything is based on person and your level of knowledge before you start trading, for instance if you decide to learn trading properly and understand the long term and swing trading and you decide to start with the long term trading which is definitely the best place for newbies you can invest as much as 500$ to 1000$ and still make a huge profit without losing a dime, the most important thing is your knowledge before starting
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/GeertJohan
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July 30, 2018, 11:05:15 PM |
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First of all, i want to say that to start a crypto trade ideal number of money can not be recommended, it is enough for everyone to determine the ideal number for their own savings. Please do not use all your money at the beginning.
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stue
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Activity: 434
Merit: 10
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July 30, 2018, 11:11:43 PM |
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The ideal number for trading is when you can get a coin with the lowest value and sell it at a time when the market has increased the price. So you can sell at a higher price than your purchase. That way, you can earn a large number of profits.
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kiw_91
Newbie
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Activity: 291
Merit: 0
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July 31, 2018, 12:39:58 AM |
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I would say it depends on your budget / financial stability. please do not invest all your life savings into crypto. There is still a posibility that it may crash. Soo just allocate a small percent of money to be invested in crypto. Only invest what you are willing to lose. Dont put your money all in one basket. Proper financial planning is important in every investment we make.
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