Saint1990
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August 28, 2018, 05:22:58 AM |
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How much money do I need to invest to start trading?
As a beginner try to invest 100$ and this is the right time to invest as market is in deep and most of the top projects are 70% to 80% down in the value as compare to its peak value Don't to day trading just buy good coins or tokens and then hold for atlist 2 to 3 months you will surely make some profits. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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JimmyNg90
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August 28, 2018, 06:22:06 AM |
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It's up to your capital. If you have $1000, you can try with 100$ first. Never bets all your money, even when you are an expert, I think so. Because no market is always stabling, if it's down, you will lose all.
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www.crypago.com
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August 28, 2018, 06:57:34 AM |
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I'd start with a very small test amount. Say 100-300 dollars. Then I'd make the trades I thought would work and see what happens. Think what it would be like it you had 10-100 times more invested. That would give me an idea of the risk. Part of it is my ability to hodle and not even look at the charts when my investment dips. Just wait. Not advice, just how I do things.
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FeverMore23
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August 28, 2018, 01:44:20 PM |
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You need to start from low amount and step forward one by one everytime you earn some profit. You need to study trading system on your own so you can have a lot of knowledge about cryptocurrencies. I would recommend you to participate in bounty campaign and the money that you will earn can be used as your investment so you can practice trading. Always do your own research.
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Utoy101
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August 28, 2018, 02:13:34 PM |
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There are some trading sites whose their minimum trading fee is .001 bitcoin but there are some other sites who are lower than that but you need to be careful on picking in many exchanges out there.
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cuong1610
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August 29, 2018, 03:57:47 PM |
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How much money do I need to invest to start trading?
i think will be 10% of your excess amount  |
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RustyBits
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August 29, 2018, 05:17:54 PM |
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While not really "trading" per se, I started out with an investment of about $25 and I slowly add to that when I can. For the most part, my 'investment strategy' has been to hodl and wait for it to go to the moon. So from that standpoint, any starting amount is "enough" no matter how small.
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neo444
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August 29, 2018, 06:30:10 PM |
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It is depend from site to another because each site have his laws and Specify the amount of trade
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EverydayBtc
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August 30, 2018, 03:49:49 AM |
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do not invest what you cant afford to loose. try to start with $25 - $100 before you invest try to read more about the coin you will buy and check all the top coins in coinmarketcap.com its a good starting point where you can check all the market.
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shade jenn
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August 30, 2018, 06:10:52 AM |
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How much money do I need to invest to start trading?
I think there is no minimal invest, you can start invest to trading only for $20 or less, it all depends on where exchange you want to trade. Because each exchanger has a different minimum deposit requirement. May i suggess ? If you want for long investment you can go to bitcoin. But if you want for short term investment then go to altcoin. Just make sure you already know what is the risk of trading bitcoin or altcoin. And keep your safetybelt and dont be greedy buddy. |
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Risoruni
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August 30, 2018, 06:36:57 AM |
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I'd start with $100-200. This is the amount that is not a big deal to lose but you can assess your skills in trading and get to know whether you like it or not.
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dlaniger31
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August 30, 2018, 07:44:23 AM |
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If you don't have much money, $100 would be a great amount to start investing a coin. I also start at that amount and everyday I gain from my trading but you must consider what coin are you investing and will it make you high profit. I invest an altcoin that have low price and have a nice project because it can gain more percentage when it goes up.
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WuGong
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August 30, 2018, 08:26:01 AM |
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I think it takes at least $200, because the amount of investment can make you feel the feeling of gain or loss. If it is lower than this number, you can't even see where the income is!
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0ethereum0
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August 30, 2018, 08:32:04 AM |
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I think it takes at least $200, because the amount of investment can make you feel the feeling of gain or loss. If it is lower than this number, you can't even see where the income is!
Totally disagree. what if you have only 50 dollar ? you start with the money you can afford to lose. with binance you can see your trade history. At that way you can Always see if you have a winner or a loser |
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efrenbilantok
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August 30, 2018, 09:02:03 AM |
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If you are just starting in the world of trading crypto, I suggest you to start only with a very small amount of investment just like around $20. This is for you to familiarize yourself and minimize the risks that you can do if you just started in trading. Personally, I am comfortable with trading some dogecoins I doubled my $20 in a month, yes I know that it takes to many days to make some profit if you only invest a small amount, but if you get into it and became familiarized you can scale up until you become better in trading. Good luck to you and all of us happy trading. Always remember to invest what you can afford to lose |
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BibitBot
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August 30, 2018, 01:31:22 PM |
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It will be enough even $ 150. If you are a beginner you need to gain experience, knowledge, understand how the market works. What's the point of starting with a lot of capital, if you can lose it easily?)
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Panetymerni
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August 30, 2018, 01:39:29 PM |
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I'd spend about 100 to 500$ to learn trading. Depends how much are you willing to loose. Learn with small amounts and then you can add more and more but know your borders.
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brooklynian
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August 30, 2018, 07:40:04 PM |
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What amount of money you need to start cryptocurrency trading depends on how much you can afford, starting from $10. The truth is that there is higher probability that you can lose your investment if you have not mastered cryptocurrency well enough. Even professional traders lose money.
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Muhammedayo
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August 31, 2018, 08:25:40 AM |
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Having known the risk involved, the choice is yours as your investment will ddtermine your returns(profit/loss).
A general advice is that:
1) Do not put all your eggs in one basket ( Don't invest all your money)
2) Diversify your portfolio.
3) Do not go all in to a particular coin no matter the prospect.
4)Have a trading strategy and be disciplined with it.
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MeBi_US
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August 31, 2018, 08:43:23 AM |
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How much money do I need to invest to start trading?
In order that would be enough to trade and $ 100. But if you want to not only trade, but also earn, then you need to acquire a much larger amount for example from 4-8k $. But I add to this, without knowledge of trade, you are likely to lose your savings .. |
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