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Author Topic: Is there a required amount before you start trading?  (Read 2246 times)
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September 17, 2018, 02:33:47 AM
 #101

Yes,ofcourse required a amount before you start trading.If you want to start trading then you need a minimum amount,where fill up some terms and condition,some charges etc.But i think you start with a small amount first.
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September 17, 2018, 07:02:50 AM
 #102

Trading has no requirement amount before you can go into it but just that for your own good you may need some certain amount before go into it. Bitcoin exchange platforms are place were you can open account for trading and the reality is that if you have reasonable amount there is no way you will not make money from small price movement.

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September 17, 2018, 07:31:33 AM
 #103

To start trading, you must have a small amount of capital, it is used to buy Altcoins. The money does not need much because transactions can be started by buying cheap coins.
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September 18, 2018, 06:55:59 AM
 #104

I didn't have much money when I started but later I invested about 1000$ in ether and I was satisfied with the income i managed to get. To my mind, it is better to invest now and sell later
You are to buy something which is the first step of trading and this can be traditional and technological as well and if a person have both these then it is better then. Traditional trading is well known to all of us so we will discuss technological trader that is to start buying Bitcoin or some Litecoin etc to place them on exchange to sell it when you are in profit.

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September 18, 2018, 07:28:59 AM
 #105

Trading has no requirement amount before you can go into it but just that for your own good you may need some certain amount before go into it.

im confused about your comments above . you said trading  does not require any amount but you also said trading may need some certain amount . i think trading actually require a certain amount in order for us to get started and itll also depend on what exchange we are using because every kind of exchange has a different charges . some will charge a 0.001 withdrawal fee , some are 0.0005 and so on ...  

i recomend choose only the best exchange like what you always see on the suggestions ,  like for example binance , kuckocoin , yobit , etc and  dont only look for cheap charges of their service because quality still matter the most  than the value .


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September 18, 2018, 11:30:07 AM
 #106

Actually they don't have required amount to start trading but we say they need that amount to earn profit every month. Because if you have good capital or much bigger it is good for you and for sure you will earn more money even everyday like other trader even the market are down they still earning because they have a lot of coins in their wallet.
Yeah it is right that one should invest some money in crypto trading, and then he would be able to earn money. If we talk about the investment capital, I would like to say that huge investment will give you huge profits and low investment will give you low profit. There are no limits for trading investment. Don’t be panic about the capital, just focus on affective trading.
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September 18, 2018, 12:31:28 PM
 #107

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

you know it is only depends on you, if you have a .01 you can start but also you should consider the trasaction fees that you will shoulder while doing this, since you also have a other question it seems like you are also trading alts it is also depends on you if you feel that it is enough for you to buy bitcoin with the amount of alts you have maybe 50 to 100 dollars earnings for trading alts it is good enough.

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September 19, 2018, 11:10:30 AM
 #108

The exact amount of each determines for himself, everything is very individual. It can be precisely said that this should be such a volume of money that it is not a pity to lose.
Ultimately the whole thing boils down to the budget constraint. If you have a huge budget for investment, you need not to worry about the minimum amount you would need for investment. You could rather invest in multi coins to keep your portfolio diversified as well. Besides, you need an amount to invest in crypto that does not fade away even if there is a fall in the price of the coin you have invested in.
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September 19, 2018, 11:42:32 AM
 #109

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?


There is no certain amount, you can start with any convenient amount you like. Just try to stay away from using leverage (margin trading) while gaining experience. that could make a really bad impression on you...

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September 19, 2018, 11:55:58 AM
 #110

to start trading in bitcoin there is no amount you have to invest, because in each exchange has determined the minimum amount to invest for the first time
There is no limit of starting amount means that you can start with any amount depends upon the amount of your savings you can get profit accordingly.

If you start buying few coins right now then you will get it on low price which will be in your benefit and the major benefit you get will be happening in a market of high value. You will slowly increase your coins by buying more in amount with your profit you get in the beginning.

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September 19, 2018, 12:32:40 PM
 #111

Trading has no requirement amount before you can go into it but just that for your own good you may need some certain amount before go into it.

im confused about your comments above . you said trading  does not require any amount but you also said trading may need some certain amount . i think trading actually require a certain amount in order for us to get started and itll also depend on what exchange we are using because every kind of exchange has a different charges . some will charge a 0.001 withdrawal fee , some are 0.0005 and so on ...   

i recomend choose only the best exchange like what you always see on the suggestions ,  like for example binance , kuckocoin , yobit , etc and  dont only look for cheap charges of their service because quality still matter the most  than the value .


I think you misinterpreted dude, what he meant is there were no conditions/requirement for the minimum amount you had to spend to trade, it all depends on you for capital which you must have in trading. but my advice is of course you have to spend capital according to you can afford to lose and adjust to the budget you have and the skills you have

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September 19, 2018, 12:57:18 PM
 #112

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?


There is no certain amount, you can start with any convenient amount you like. Just try to stay away from using leverage (margin trading) while gaining experience. that could make a really bad impression on you...
Truly it is. As a beginner you need not to give much money into trading, you must first learn everything and makes some basis of your trade. After that, you can gradually increase your capital. The bigger amount you invest the bigger amount also you possibly gain.

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September 19, 2018, 01:20:46 PM
 #113

 It's up to you mate what amount you want to trade or what amount you can afford to lose because doing trading isn't a simple way to gain profits especially if you don't have enough experience on it.  If i were you practice your skills first before jumping on it and try small amount to assure everything will be okay when you risk money again on it. Make some research to gain knowledge and watch some tutorials on YouTube to gain strategies as wel.  

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September 19, 2018, 01:38:53 PM
 #114

Trading has no requirement amount before you can go into it but just that for your own good you may need some certain amount before go into it.

im confused about your comments above . you said trading  does not require any amount but you also said trading may need some certain amount . i think trading actually require a certain amount in order for us to get started and itll also depend on what exchange we are using because every kind of exchange has a different charges . some will charge a 0.001 withdrawal fee , some are 0.0005 and so on ...  

i recomend choose only the best exchange like what you always see on the suggestions ,  like for example binance , kuckocoin , yobit , etc and  dont only look for cheap charges of their service because quality still matter the most  than the value .
Maybe, he just wanted to say something even though it is a contradictory statement all in one sentence. There is certainly no required amount as that is understandable and you can start with anything that you have. However, when it comes to getting something tangible from trading and to be able to trade different markets so as to spread out, you will need some good amount to start with.

Certainly, $100 is a good start, and as long as you can properly manage your money and your trade, you should be fine, but the more you have, the better the chances of making more, and the likelihood of losing a lot as well if you do not have the knowledge.
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September 19, 2018, 02:30:17 PM
 #115

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

There is no required amount definitely. The beauty of this market is the fact that there are so many assets and coins that one can invest in without breaking the bank. In fact, you can try on with little money at first to somewhat test the waters and try the market out, which would give you an idea as to how the market moves and changes, and also, it will show you what the trends are that could either make or break your ventures. Another thing that most people would tell you is that be cautious with your investments; make sure that the money you're investing in is not your life savings or your only money that you would greatly regret in the event it fails.


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September 19, 2018, 02:48:00 PM
 #116

for me as long as you can afford to put for trading it is the amount that is required but the minimum for me maybe a hundred dollar as long as you are in the learning period on how to do trade do not put a huge amount.

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September 19, 2018, 03:27:10 PM
 #117

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

You just have to check the minimum deposit of the exchange site where you want to trade. And from there you can decide how much you are willing to start with. You can buy bitcoin anytime you want no matter how much you are earning. Just make sure to study the market so you can buy at its low and make profit.

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September 19, 2018, 03:48:48 PM
 #118

If you want to start trading so no need to any required amount for stat trading. You can start in your trading with a any amount but if you start with a low amount so your investment is very risk able because with a low investment is very risky for your trading. I’m suggest if you start trading so you invest minimum $500 hope you make a success in your trading with this investment.

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September 19, 2018, 05:43:58 PM
 #119

Thanks to the volatility that cryptocurrencies have we do not need to use leverage to strengthen our position or using a big amount of capital. we can patiently build our portfolio from the bottom to the top even with few amounts of money.
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September 19, 2018, 06:37:54 PM
 #120

I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?
Obviously you need some amount in order to start trading. That amount depends on your financial capacity. You should start with the amount of money you can afford to lose. The higher the amount you invest, the higher will the profits and losses to. Never invest more than your limits. Once you get some experience you can start investing more. Just be careful because trading is not easy.
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