Bitcoin Forum
September 26, 2018, 07:56:01 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: How should I start?  (Read 353 times)
wiwi24680
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
May 23, 2018, 03:09:04 AM
 #1

im new to crypto, im wondering if i take $2k out as a initial amount to try the trading? or get to prepare more first?
1537948561
Hero Member
*
Offline Offline

Posts: 1537948561

View Profile Personal Message (Offline)

Ignore
1537948561
Reply with quote  #2

1537948561
Report to moderator
1537948561
Hero Member
*
Offline Offline

Posts: 1537948561

View Profile Personal Message (Offline)

Ignore
1537948561
Reply with quote  #2

1537948561
Report to moderator
Make a difference with your Ether.
Donate Ether for the greater good.
SPRING.WETRUST.IO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1537948561
Hero Member
*
Offline Offline

Posts: 1537948561

View Profile Personal Message (Offline)

Ignore
1537948561
Reply with quote  #2

1537948561
Report to moderator
1537948561
Hero Member
*
Offline Offline

Posts: 1537948561

View Profile Personal Message (Offline)

Ignore
1537948561
Reply with quote  #2

1537948561
Report to moderator
1537948561
Hero Member
*
Offline Offline

Posts: 1537948561

View Profile Personal Message (Offline)

Ignore
1537948561
Reply with quote  #2

1537948561
Report to moderator
Pikachu92
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
May 23, 2018, 03:28:14 AM
 #2

Basically, investors expect to eventually receive their original investment back and even more w 2x or 4x profit. However, some of the greatest projects will fail or scams.
hugeblack
Sr. Member
****
Offline Offline

Activity: 462
Merit: 347


Avatar 4 rent / Sig Designer https://goo.gl/34QBYf


View Profile WWW
May 23, 2018, 03:49:13 AM
Merited by DdmrDdmr (1)
 #3

I'm new to crypto; I'm wondering if I take $2k out as an initial amount to try the trading? Or get to prepare more first?
Listening to the tip of an unknown person/account to start an investment or trade puts you at risk.
Since you do not know what to invest/trading, it is better to study it thoroughly so that you do not regret losing $ 2000.
Spend more time here, learn how Bitcoin works? Price Speculation, trading bots, wallets and other basic concepts.
After gaining knowledge, you can enter the market safely.

If you learn and succeed you will earn twice, and if you fail you will win once.

pooya87
Legendary
*
Offline Offline

Activity: 1414
Merit: 1167


Buy bitcoin they said... who listened?


View Profile
May 23, 2018, 04:02:48 AM
 #4

your starting amount is not the important matter. what matters most is how familiar you are with this market since you said you want to start trading.
the good news about this market is that you don't have to enter with a huge amount. because the minimum order size in cryptocurrency exchanges is usually pretty small, you can actually start with a very small amount. there may be some limitation due to fiat deposits and some transaction fees but anything around $50 should be more than fine. and when it comes to trading altcoins you can start as small as 1000 satoshi in some exchanges which is about 8 cents.

BQ
Member
**
Offline Offline

Activity: 238
Merit: 41

Alfa-Enzo Introducing the First Global Smartmarket


View Profile
May 23, 2018, 08:16:59 AM
 #5

for someone, $2,000 might be a small amount - for someone else, it's a large amount.
it's up to you to decide how much you're willing to risk.
if $2,000 is something you can afford to lose, then go for it.

as earlier poster mentioned, make sure you know what you're investing in!
don't just invest in something because someone tells you to.
I wrote a thread here with some basic information that you might benefit from reading on how to get started.

if you invest in something you don't understand(and therefore, can't really 'believe in'), you might end up selling at a bad point, or if we're talking about something else than bitcoin, you might just end up buying garbage.
it's your money, and you alone decide how far you will go to determine what to invest in!

╭═══════════════════   A L F A ─ E N Z O   ═══════════════════╮
│   \▼/"Develop, standardize, protect, and promote" the AEF Ecosystem\▼/  │
╰════════════ FACEBOOKTWITTERTELEGRAM ══════════════╯
HaniBaloch
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
May 23, 2018, 08:21:45 AM
 #6

for newcomer  it is too tough to invest and trad successfully so first of all you should research and learn all about trading skills and method.....good luck
shamy
Newbie
*
Offline Offline

Activity: 19
Merit: 0


View Profile
May 23, 2018, 10:01:41 AM
 #7

If I were you I will not take the risk,I will first study the crypto and learn the skills of trading.It is hard to trade without much knowledge.
mjglqw
Sr. Member
****
Online Online

Activity: 714
Merit: 391


https://coinsources.io/


View Profile WWW
May 23, 2018, 11:38:04 AM
 #8

You're new to crypto. But you're already planning on taking out $2000 as a starting capital for trading. Well, as you're a beginner, expect to have mostly losses at the start. Is $2000 the right amount? It depends. If $2000 is nothing to you then go ahead. Just remember that you're new, and it's very unlikely for you to profit as of now. I would definitely suggest trading with a significantly smaller amount for now so you wouldn't be affected by your losses.

upekhaanthony
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
May 23, 2018, 12:03:08 PM
 #9

As a newcomer, just start trading is very dangerous. Before trading, you should need better knowledge to survive in this market. It is better to create some account on main cryptocurrency exchanges and invests a small amount for training purposes. ICOs are also good option to make money but it also very risky. Do you own research before invest or going trading. it will save your money as well as time.

priyanjana
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
May 23, 2018, 01:51:54 PM
 #10

Get prepare first is the best thing. because a lot of beginners lose their money by trading without better understanding. If you want to invest while you are learning, then invest some amont on bitcoin and ETH. Cryptocurrency is the very risk because of that invest some amount that you are willing to lose.  All ways try to protect your initial investment, then invest in everything. Scams are every where. be careful.
Zdraste16
Jr. Member
*
Offline Offline

Activity: 132
Merit: 1


View Profile
May 23, 2018, 02:45:03 PM
 #11

Hello everybody!  Your question. To begin, you need to decide what exactly you want to start. Then there will be many questions on which you can find the answer yourself.  And you can ask them here and get really useful answers and advice.

[  TRY ALPHA MVP  ]    WELCOME TO DATABLOCKCHAIN    [  TRY ALPHA MVP  ]
Mainsale now LIVE!  //  Raised $16 Million in PRE-SALE
neo444
Full Member
***
Offline Offline

Activity: 378
Merit: 102


View Profile
May 23, 2018, 04:45:57 PM
 #12

I advice you before you put your money on trading try to know more when you sell and when you buy and don't put all your money in trading you can do a test with small value of money

bill gator
Copper Member
Hero Member
*****
Online Online

Activity: 840
Merit: 845


Avatar by SFR10


View Profile
May 23, 2018, 06:11:33 PM
 #13

The fact that you are asking the advice of strangers on the internet that may or may not have had any success in that particular area is extremely telling to me. I would encourage you to get more informed and prepared before you go throwing money at anything. Too many people are interested in cryptocurrencies and Bitcoin lately just in order to make a few dollars on a good investment. If this is your primary goal, you will most likely get frustrated and walk away at a loss. I would try trading $2,000 of pretend money on a demo account of some trading platform and see how it goes for you over a 2-3 month period. This should give you a little more insight into how the market would have treated you if you used your real money. This will not be indicative of your future performance, but if you have never traded in the cryptocurrency market then I suggest you do some speculation and demo trading before you dive in head first. These markets are unforgiving, unpredictable and unprecedented. I would suggest only investing once you fully understand the fundamentals of the technology, fully support the protocol and understand what Ebbs and Flows the market. It would be much easier to throw your $2,000 into the HODL club and hangout for the long-haul.

Have you read the whitepaper, could you explain how Bitcoin works if grandma asked you?

kalehon
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
May 23, 2018, 08:11:08 PM
 #14

I don't understand your question. Are you asking us if is ok to start trading with $2000 or if you should start with an higher amount?
Huntsman82
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
May 23, 2018, 08:19:32 PM
 #15

Listening to the tip of an unknown person/account to start an investment or trade puts you at risk.
Since you do not know what to invest/trading, it is better to study it thoroughly so that you do not regret losing $ 2000.
Spend more time here, learn how Bitcoin works? Price Speculation, trading bots, wallets and other basic concepts.
After gaining knowledge, you can enter the market safely.

if $2,000 is something you can afford to lose, then go for it.

This two fine gants have explained it all.
Learn and educate yourself on the matter and only invest the amount that you're ready to lose.

Have you read the whitepaper, could you explain how Bitcoin works if grandma asked you?

Now that's a good one.
Shingaling
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
May 23, 2018, 09:16:27 PM
 #16

You need to prepare first yourself before you put your money here in crypto.How can you start if you don't have knowledge in everything here in crypto.You will only give your money away if you do it without  proper or much knowledge.
MintDice
Member
**
Offline Offline

Activity: 210
Merit: 46

MintDice.com


View Profile WWW
May 24, 2018, 12:37:06 AM
 #17

Definitely prepare yourself before investing into anything--know which currencies interest you and the fees of different exchanges, as well as which wallet is best for your needs. That should get you started  Wink

M I N T D I C E ◉◉ MULTIPLE CURRENCIES. MULTIPLE GAMES. DONE BETTER. ◉◉ M I N T D I C E
Introducing the world's best fully featured cryptocurrency casino
▬▬▬▬▬▬▮ FacebookInstagramTwitterBitcointalk ▮▬▬▬▬▬▬
wiwi24680
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
May 24, 2018, 02:30:58 AM
 #18

wuu okay i also think i should have a more comprehensive understanding to the field first, i found there are lots of things i still do not understand.
xpency
Newbie
*
Offline Offline

Activity: 73
Merit: 0


View Profile WWW
May 24, 2018, 03:04:07 AM
 #19

Please make your research, let the education be your first priority before the profit, by this way you can beat the problems that are associated with trading.
meowskie
Newbie
*
Offline Offline

Activity: 39
Merit: 0


View Profile
May 31, 2018, 05:53:10 AM
 #20

Before investing read about bitcoin, bitcoin don't have a fix value and some website are scam. Learn more about it so you wont loss your money. Once you lost it, it wont come back.
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!