Best amount to risk for a beginner

[HTHP]

It depends of your active income. You can start with $1000 and divide/invest it in many projects.
Be careful and don't put a cent before reading and knowing where are you putting your money !

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[frenkelebre]

Every investment has a risk. As the old adage say, dont put all your eggs in one tray. Just invest what you can afford to lose. It is maybe 10 - 20 % of your monthly income.

[tan-tan]

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

Today is not the best time to sell bitcoin instead much better to buy bitcoin now.. While the price is low

[xpld]

yeah, it's very good day to buy... unfortunately i bought a few days ago... now nothing to buy with

[DeepOnion333]

The crypto boom represents the greatest wealth creation opportunity in our lifetime (at least for most of us). Go in bold, however only money you can afford to loose. Cut your daily spending, postpone large expenditures. Every 1 fiat currency unit (USD, EUR etc) in credible crypto now is most probably going to be worth many times more in fiat currency terms in a short period of time.

[Swoshinima]

I'd start with 500$. After you made some gains you could cash out your initial investment so "there's no risk anymore".

[makonig]

$0.00(ZERO DOLLARS) is the best amount for beginners to begin with as long as you have access to the internet.You only need  to register  with players like coin worker,coin adder,etc.

[kash_1075]

Hi Everyone, I am very new to crypto, just have $100 to invert ATM. Which one is best for me to invest. Any ideas please

[OZIOZIOZIO]

Budget how much you can survive on...whatevers left in the budget should be thrown into crypto.

[upekhaanthony]

you can start with few hundred dollar and try to learn market patterns. If you want to earn something free , then you can join with bounty and airdrops programs. Bounty programs pay considerable amount for their subscribers. If interested search about daneel bounty program as well as ICO.

ICO is also a very good investment option. Do your own research before investing on any ico. Daneel ICO become more stable with IBM partnership.

[chaitanya31]

What would you say is the best amount to risk in the beginning for trading crypto? Also, which crypto, and which exchange? Appreciate your thoughts.

For the new trader, your goal should be to make all your mistakes early in your developmental process when you are trading very small positions and risking a small amount of your capital.  Early in your career, you want to survive your learning curve.  Trading too large–putting on too much risk for your account size–exposes you to potentially ruinous drawdowns and can leave emotional scars that don’t readily heal.  You want to start your career assuming you’ll make plenty of rookie mistakes and ensuring that those will not erode your capital.  One of the great mistakes new traders make is to put pressure on themselves to make a living from their trading.  Before you can make your living from trading, you first have to establish consistency and build confidence.  Short circuiting your learning process is the greatest threat to learning.

My recommendation to new traders is that they should only take trades they love! There is always a trade you can convince yourself you ‘like.’ But if you only take trades you ‘love,’ you will find yourself trading a lot less frequently and far more effectively.

[AishaIvy]

You should invest only the amount you are prepared to loose. I started with only $200 and I lost that all, second $200 (I've got more accurate) brought me my first $1000. So when you're starting you need luck and be prepared to loose your money

[Ivlarshall]

I started with $1000 and it were all my savings. I didn't follow the advice of "use the amount you're not afraid to lose", I was veeery afraid to lose my savins. But! I believed in crypto very much. I still thonk that it's future of financial system. So.. It paid off. You should find your own way.