What amount did you start to trade?

[layoutph]

I started in a very small amount of $50. It grew to $60 then $90. I was a complete newbie that time and I have no idea how it grew to that amount. I left Poloniex and started to transfer my BTC to whale club to trade in Forex. I lose all my bitcoins due to liquidation. So I decided to learn how to read charts. Now everything is going well. I trade with  pure technical analysis.

[Dudeperfect]

There is no definite answer to this question because trading and earning is a subjective term. Not everyone will on the same amount of profit even if they are having the same capital and investing in the same trade pair.

I started my trading with the lowest amount possible and it was $10 back in 2015. The profit depends on multiple factors such as price movement as well as the position of a trader. A person can take a higher position with lower capital through leverage facility and earn high amount of profit as compared to that of a regular mode of trading with the same amount of capital. 

This might not be a professional answer in your opinion because I am not putting any figures here but that's my observation in last 4 years and profit depends on skills, knowledge, experience, market situation and luck of the trader.

[crptotrader007]

I have been thinking whether 0.005 btc is good enough to start but it is just for practice trading right, no matter, if you lose the profit at least you will gain experience.  I start my trading in coinut and deposit 0.005 btc when it was around 12k USD. I stop my trading when the fluctuation causes traders to sell high.

Eventually, I am trying to read chart and still losing. I know I need to learn more, and I have tried to trade with altcoins with low price but not yet satisfied.

My question is what is the exact  amount to start  trading and how much profit will you earn. Give me example and I will evaluate.

Please answer my question professionally, I will delete answer with no connection to the topic.

Thank you. GODBLESS.

There is no such investment limit in trading of Bitcoin.You can start with any amount and depending upon the fluctuation you can have profit or loss.In the start of my trading,I have invested 15$ in Bitcoin and I sold it when the rates where 16$ due to impulsiveness.

[ici_lemmy]

I think that the amount to start is not important. You can trade with any fund. But the most important thing is the way you trade and the coin you choose

[Kamarah]

It is not about the amount that you start. However, you still need at least about $1000 in order to have a good profit. The most important thing in trading is knowledge. If you don't have the knowledge, you are dead in trading. In trading, you can not say that I earn 1 bitcoin or 2 ethereum. People say that:" I have earned 10%, 20%". It is about the percentage. When I first started trading, I had around $25000. After 6 months, It becomes $150000

[Binmado]

I started in a very small amount of $50. It grew to $60 then $90. I was a complete newbie that time and I have no idea how it grew to that amount. I left Poloniex and started to transfer my BTC to whale club to trade in Forex. I lose all my bitcoins due to liquidation. So I decided to learn how to read charts. Now everything is going well. I trade with  pure technical analysis.

Seeing you as a very talented and talented person, the small amount of money that you have made them so great is great, while you are a complete newbie. I also do not really understand the fluctuation chart of any currency, so maybe I need to learn more about how to analyze in order to choose the most suitable coin.

[bocyaj]

You may believe or not.I had start a trade with 10$.When I was new to trading,I had lot of fear in investments.Once I had got some profit on consecutive trading,I had start to believe the crypto currency.To avoid huge loss at the beginning,you can use to inverse with 10$.Eventhough you loss 10$,it will not huge.

[Webetcoins]

For the main capital problem to trade I suggest to use a fairly large capital, because it will accelerate your profits as a daily trader, the main thing is to maintain your profit steadily , choose a coin whose price is quite small, so it can buy more coins for you very precisely then every movement a bit of your coin becomes a very good advantage that you will be able in a short time, so in need of a technical analysis to not wrong in determining the right momentum every time you buy, most people do not really think about it, if not lose a lot of money. So it is important to do portfolio management to get the most out of the trade, to be a checklist of your trading, it would be great if long-term investment by saving for a long time not just trade it for small scale and in short time.

I will prefer to trade with normal amount so that you would not be in trouble for your amount if you are not sure about your trading profit. If you are sure about trading profit then please go on and buy more coins in a low market and a low market will remove all your worries as low market charges you less and giving you large quantity of coins. The relevant answer is to invest in a low market that will remove your worries.

[Herressy]

For the main capital problem to trade I suggest to use a fairly large capital, because it will accelerate your profits as a daily trader, the main thing is to maintain your profit steadily , choose a coin whose price is quite small, so it can buy more coins for you very precisely then every movement a bit of your coin becomes a very good advantage that you will be able in a short time, so in need of a technical analysis to not wrong in determining the right momentum every time you buy, most people do not really think about it, if not lose a lot of money. So it is important to do portfolio management to get the most out of the trade, to be a checklist of your trading, it would be great if long-term investment by saving for a long time not just trade it for small scale and in short time.

I will prefer to trade with normal amount so that you would not be in trouble for your amount if you are not sure about your trading profit. If you are sure about trading profit then please go on and buy more coins in a low market and a low market will remove all your worries as low market charges you less and giving you large quantity of coins. The relevant answer is to invest in a low market that will remove your worries.

trade the coin that you can afford to lose and you can actually accept the risk of it best are always come to an acceptance of and believing too.

[rosemary4u]

I started trading with 1 Ethereum by buying many  altcoins
with ripple being the highest among the altcoins I bought.
Within 5 hours  I had gained about 50$ as profit. Basically I think you don't need  a large of money to start trading, all you need is an amount such as mine 1 ETH, so you can easily  monitor your profits and loses.Since using  a large amount of money/coins could scare you off if you make some losses.

[Baoo]

Honestly, I think the best financial budget in order to start in the field of trading cryptocurrency would be with a low value (less than $ 30 especially when you are beginner in terms of knowledge, because it is very risky to start with a huge amount of money, and maybe you will lose a large proportion of them. Furthermore, the experience is essential in trading, so the first attempts are very important and necessary in order to know the basics of this field.

[taktik]

Honestly, I think the best financial budget in order to start in the field of trading cryptocurrency would be with a low value (less than $ 30 especially when you are beginner in terms of knowledge, because it is very risky to start with a huge amount of money, and maybe you will lose a large proportion of them. Furthermore, the experience is essential in trading, so the first attempts are very important and necessary in order to know the basics of this field.

in any case, you need to have a small start-up capital in order to start using it to develop skills in trading. Only after understanding the entire kitchen of trading with crypto currency, a person can later be much more effective.

[green547]

I would say 50 dollars minimum is a good start.  Just try to make a few percent each trade and don't get too greedy because that's how you get burned.

[coffigayo]

If you are a daily merchant and also if you are a shoppers, you will only waste precious time waiting for the hard pump, then get a small profit. 0.005 Bitcoin above is your recommended initial capital for trading so you can use transaction costs efficiently and also you will get a good profit for every small percentage of your coin growth. But it is based on luck and price appreciation Ether. do it again or if you can even call that trade.

[gandame]

When i start trading during 2014 i start only for a small amount i do start 50$ then that amount are increasing because i do daily trading like buy and sell for a short time.

[pixie85]

I think that the more funds you have available the better. The safe amount for a newbie would be 10% of his monthly wage. !0% of your savings isn't a bad idea either unless you're filthy rich and have a couple million USD lying around.

[crypmike]

I started from paper trading — you can try to do it with google sheets or trading view special mode
when you won't have more mistakes than right actions you can try to start with small amount
Optimal trading amount is usually about 10-20% of your deposit

[valera10]

I once started trading with $ 1000. I believe that this is the best Deposit for trading. Especially when it comes to altcoins. There from 1000 it is possible to bargain 10 times more. But you have to know how to trade.

[bitterguy28]

When i start trade i put small amount of capital at 200 usd and before to join in trading I learn well and I research how to start working trading to avoid loses because trading is very risky if you're lack of knowledge in this field. but I suggest if your investment goes dump do not sell your coins or tokens to avoid lack of loses because nobody can get perfect prediction in the trading, relax and patience are key to success.

[erickkyut]

Actually, I didn't invest my money when I started to trade because I don't have money during those times. I always join signature campaigns and when my campaign rewarded me with altcoins, that was my first capital when I started trading. I waited for the right time before I sold it then I used my profit to buy other coins and the rest is history.