Best amount to risk for a beginner

[bitcoinKnight809]

I think you can risk around $500 or a bit more to get the feel of trading. Risking more than $1000 (depends on your threshold) might be too stressful and traumatic, should the worst case scenario happen...

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[mr.bitcoin2k17]

It's different for everyone Ppl say it's better to invest about 10% of your savings into crypto.
I think you can start with $50-100, just to get to know how all of this works and not regret losing it

[Vik_the_Carpentner]

It should be always about the money you can afford yourself to loose otherwise it's turning into the finansical pyramid. I heard of a people who sold their houses and flats to buy bitcoin so you shouldn't do that, it's literally silly.

[Michaiah]

50 dollars would be fine....
But joining campaign and be rewarded by coins that can be converted to bitcoin can be another way and its free.... You only have to use is your time and internet.....

[junder]

Do you want to trading of cryptocurrency?
it is better to learn about of crypto before you do that. I guess 0.01 or $100 is good for a beginner or you can afford to lose it.

[thebigkendo]

Invest what you can afford to loss, I would never advice one to invest life savings in cryptotrading

[shaun98]

Any amount will do, as long as you can afford to lose it, since the crypto market is extremely volatile. I personally started with $400, and invested bit by bit since then.

[squesto]

I would say invest what you are prepared to lose, and that's probably around 10% of funds set aside for investments

[NataliMyr]

Only invest what you can afford to lose. I started out with a few hundred dollars. Regarding the best exchanges, use Coinbase to buy Bitcoin. Once doing so, transfer it to another exchange to buy altcoins. At the moment, big exchanges like Bittrex and Binance aren't accepting new registrations, so you could try Kucoin. They're an upcoming exchange and I feel they are pretty good. Good luck.

Пpивeт. Пocoвeтyйтe кaкиe биpжи ceйчac лyчшe и бeзoпacнee иcпoльзoвaть

[N0One]

Most people have it right. Most coins are in a highly speculative phase and this is fairly high risk. So if it went to 0, what would the eimpact be on the financial health of your family. If you aren't sure on the $ figure, here are some easy approach:

* How much did you spend on alcohol or coffee in 2017?
* Whatever you would be willing to spend on a weekend gambling in las vegas?
...

[xpld]

I just started and I am willing to invest amounts that I actually CANNOT afford to lose.. But I have been losing that amount and more to dope and gambling for the last few years and now that I quit, I decided to enter crypto world. Wish me luck

[MintDice]

Start small and just do your research on what currencies you feel comfortable investing in. Once you get the hang of everything, you can decide if you want to put more money in.

Good luck!

[ganlianshifu1]

Novice began trading application less amount can trade, the novice can reduce some of the losses, of course, you can reap the benefits, novice want most is to experience, only little amount, more than the number of transactions, to absorb experience! The most important thing is to deal with the mood of trading, control oneself mood!

[Lavie1124]

Way back 2016 i deposit 200$ in poloniex and just start reading some conversation in their chatbox bought some altcoins that is hot that time they just said to buy low and sell high. Its quiet scary at first i dont know the  technique but eventually i was able to manage it and now i have 5digit now

[tresbien21]

100 $ i think

[Matt_PTN_OWL]

I first started with a few hundred dollars. Then add more to it as I feel more comfortable.

Me too. I believe in the saying that one should invest what you're able and willing to lose. The market is filled with great opportunities and high risks. Just don't panic. Take time, learn the space, keep up with trends, communities and developments... Be an active learner then invest more as your learning and success curve dictates.

[Nylelyn]

The best amount for a beginner to start with can be determined by some factors. How much you can invest that is not beyond your limit. Take a quick study of the current prices and trends. But as they say, the bigger the better. However, whats important is that you can start right now and start the ball rolling. As you trade and learn the tricks and trend, then that's the time you can add more money or maybe not anymore because you have earned already from trading.

[galinskiydmitriy]

For beginners, the optimal amount for trading a crypto currency is 100-200 $. As soon as you feel more confident in trading with the Crypto currency, you will begin to understand what news affects the market positively, and which ones are negative, then you can already increase the deposit.

[MonkeyBrain]

I have invested funds in bitcoin. Tell me how to exchange bitcoins for dollars. How do you take profit?

What you can do is open an account in Coinbase. Then transfer your Bitcoins into Coinbase then out to your checking account.

[Ralph1075]

For a beginner you do not have to risk much because if you risk all your cash for a particular coin which later doesn't yield enuf profit..then it not encouraging