Bitcoin Forum
February 21, 2019, 09:16:14 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 »  All
  Print  
Author Topic: Is there a required amount before you start trading?  (Read 2552 times)
Knabu
Jr. Member
*
Offline Offline

Activity: 56
Merit: 1


View Profile
September 24, 2018, 02:38:17 PM
 #141

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?

Yes and no, there's no requirement on the exchange-side how many Bitcoin should you own before you start trading. But keeping in mind that the exchange fees do stack up alot if you're active trader and should be taken into consideration. Anything less than 1000usd gets eaten easily especially if your win% isn't extremely good.

I personally wouldn't start with anything less than 5K worth unless going high propability trades with margin.
1550740574
Hero Member
*
Offline Offline

Posts: 1550740574

View Profile Personal Message (Offline)

Ignore
1550740574
Reply with quote  #2

1550740574
Report to moderator
Your Bitcoin transactions
The Ultimate Bitcoin mixer
made truly anonymous.
with an advanced technology.
Mix coins
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1550740574
Hero Member
*
Offline Offline

Posts: 1550740574

View Profile Personal Message (Offline)

Ignore
1550740574
Reply with quote  #2

1550740574
Report to moderator
1550740574
Hero Member
*
Offline Offline

Posts: 1550740574

View Profile Personal Message (Offline)

Ignore
1550740574
Reply with quote  #2

1550740574
Report to moderator
1550740574
Hero Member
*
Offline Offline

Posts: 1550740574

View Profile Personal Message (Offline)

Ignore
1550740574
Reply with quote  #2

1550740574
Report to moderator
Aion2n
Hero Member
*****
Offline Offline

Activity: 686
Merit: 503



View Profile
September 24, 2018, 10:33:07 PM
 #142

Trade can begin with any amount available to you. The main thing is that these are your "free" money (not intended for important needs). Also, I do not recommend taking money in debt.
The size of your salary doesn't play any role here. Everyone has his own needs. You can have enough $3000 per month and for someone $10,000 per month will be small amount and he will not be able to allocate even $100 for trading.

While I do not have credit card debts to pay as I have already paid them last month, I still have insurance I need to pay for the next 5 years. However I do wonder, when people say "use any amount you are willing to lose", how much does "small amount" usually costs?
For me, for example, this was a sum of $2000. I was ready to lose it, because it was not my last money. I first invested $1000, and a week later, another $1000. Given my income and needs for life, I calculated that I can allocate this amount.
If you just want to practice, then buy bitcoin for example at $300. Then try yourself in the trade.
In the beginning, I was guided by the fact that I would buy crypto currency for all the money I wanted to invest and only then I will practice on small amounts ($8-15). At that moment, I analyzed the market and came to the conclusion that it was a good time to buy. Since then, the price of bitcoin has never dropped below my purchase price.
BeGoods
Legendary
*
Offline Offline

Activity: 1288
Merit: 1008



View Profile
September 25, 2018, 01:47:31 AM
 #143

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?

Yes and no, there's no requirement on the exchange-side how many Bitcoin should you own before you start trading. But keeping in mind that the exchange fees do stack up alot if you're active trader and should be taken into consideration. Anything less than 1000usd gets eaten easily especially if your win% isn't extremely good.

I personally wouldn't start with anything less than 5K worth unless going high propability trades with margin.
Thats right dude, actually there are no minimum specifications for trading, even you can start trading with only $10 capital. but of course there is no big advantage you will earn with that capital. if you really want the intention to make a profit in trading then use a large capital but according to your ability to accept losses as well as your financial ability

..Absolute.......................
..The First Proof of View Cryptocurrency..
.
.
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄████████████████▀▀█████▄
▄████████████▀▀▀    ██████▄
████████▀▀▀   ▄▀   ████████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
▀████████▌▐       ████████▀
▀████████ ▄██▄  ████████▀
▀█████████████▄███████▀
▀█████████████████▀
▀▀█████████▀▀
.
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄████████▀█████▀████████▄
▄██████▀  ▀     ▀  ▀██████▄
██████▌             ▐██████
██████    ██   ██    ██████
█████▌    ▀▀   ▀▀    ▐█████
▀█████▄  ▄▄     ▄▄  ▄█████▀
▀██████▄▄███████▄▄██████▀
▀█████████████████████▀
▀█████████████████▀
▀▀█████████▀▀
.
.
iASIC
Member
**
Offline Offline

Activity: 280
Merit: 10

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO


View Profile
September 25, 2018, 02:37:11 AM
 #144

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?
that is absolutely true. You need a stable income before investing in Bitcoin. Because this is a potential currency, it is growing and your profitability will be longer. So you need a reasonable spending plan to invest without worrying. That is what you should do before long term investment.

tbterryboy
Sr. Member
****
Offline Offline

Activity: 756
Merit: 253


Revolutionising Marketing and Loyalty


View Profile
September 25, 2018, 05:44:36 AM
 #145

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.
I think nope, there is no high or low amount with which you can start or not but if you have some savings then you can start any time you want with. You can start trading with your desired coin or other source so it is not dependant on low or high amount and sources have no restriction like Bitcoin and other coins are not restricted to buy or a fixed price.




                    ▄          ▄                  
                  ▄███▄      ▄███▄                
                ▄███████▄  ▄███████▄              
              ▄██████████████████████▄            
            ▄██████████████████████████▄          
          ▄████████▀ ██████████ ▀████████▄        
        ▄████████▀ ▄████████████▄ ▀████████▄      
      ▄████████▀ ▄████████▀███████▄ ▀████████▄    
    ▄████████▀ ▄████████▀  ▀████████▄ ▀████████▄  
  ▄████████▀ ▄████████▀      ▀████████▄ ▀████████▄
▄████████▀ ▄████████▀          ▀████████▄ ▀████████▄
Momentum             
REVOLUTIONISING MARKETING & LOYALTY
Whitepaper
Telegram
Website
Lightpaper
ANN Thread
Twitter
bohr
Sr. Member
****
Offline Offline

Activity: 854
Merit: 257


View Profile
September 25, 2018, 09:15:02 PM
 #146

Well, there is no required amount. In my opinion best way is to start with the amount of you are willing to lose.
That is not enough, your capital needs to be big enough so you're not wasting your time when you are trading, I say this because a lot of people have a capital so small that they need to make very big trades compared to the size of their holdings they have and it doesn't matter how good you are, if you do this you are going to lose your money very fast.
Asawakobana2017
Member
**
Offline Offline

Activity: 322
Merit: 20


View Profile
September 25, 2018, 09:59:03 PM
 #147

Well, there is no required amount. In my opinion best way is to start with the amount of you are willing to lose.
That is not enough, your capital needs to be big enough so you're not wasting your time when you are trading, I say this because a lot of people have a capital so small that they need to make very big trades compared to the size of their holdings they have and it doesn't matter how good you are, if you do this you are going to lose your money very fast.
I think there is no required amount but, we need to start trading in a verry few amounts of capital. Because from the word new we are maybe on the learning stage and we need to learn .ore things or strategy on it. So I suggest that of we want to trade we need to start in a very small amount to avoid lossing.
pacman7331
Member
**
Offline Offline

Activity: 406
Merit: 66


View Profile
September 25, 2018, 11:24:51 PM
 #148

You can start trading only by 10 USD in most of the exchange, except idex! Because Idex needs at least 0.15 ETH to start trading! But I would suggest 50 USD is the good amount to start trading. You may buy low price coin for starting!

yohaneshs
Member
**
Offline Offline

Activity: 406
Merit: 11


View Profile
September 26, 2018, 12:30:24 AM
 #149

No, you can start with a little amount if you want.
But your assets is equal with your return
Ericgreen
Jr. Member
*
Offline Offline

Activity: 91
Merit: 1


View Profile
September 26, 2018, 12:23:18 PM
 #150

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?

Yes and no, there's no requirement on the exchange-side how many Bitcoin should you own before you start trading. But keeping in mind that the exchange fees do stack up alot if you're active trader and should be taken into consideration. Anything less than 1000usd gets eaten easily especially if your win% isn't extremely good.

I personally wouldn't start with anything less than 5K worth unless going high propability trades with margin.
Thats right dude, actually there are no minimum specifications for trading, even you can start trading with only $10 capital. but of course there is no big advantage you will earn with that capital. if you really want the intention to make a profit in trading then use a large capital but according to your ability to accept losses as well as your financial ability

No there is no required amount and minimum amount for starting crypto trading. You can start from any amount and it is much better to start from small amount because the start should always be from small amount not only in crypto trading but in every field of life. If you lose you will not be in dangerous situation. You can require deficit in less time.
pant-79
Hero Member
*****
Offline Offline

Activity: 798
Merit: 501



View Profile
September 26, 2018, 08:59:49 PM
 #151

To start trading you need a desire and knowledge. You can start trading with almost any desired amount. It can be even 10 $. If you just want to try how this works, then choose a convenient exchanger for you (for exchanging fiat for crypto currency). There are different exchangers, they may have restrictions on the minimum amount.

As for the salary, it does not matter. If you can allocate a certain amount for the purchase of crypto currencies, then do it.

BRIDGEX NETWORK

LEND · BORROW ·
CONVERT · SEND
.
BRIDGEX NETWORK
.─────     WHITEPAPER     ─────.
SunJAB
Member
**
Offline Offline

Activity: 406
Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
September 26, 2018, 09:45:50 PM
 #152

It's the first thing you have to have, the money you can buy the coin to trade and wait for the opportunity to raise prices, but can also participate in the Bounty campaign to earn initial funds, although they are quite long for you

           ﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈


【 BACKED ASSET GREEN ENERGY TOKEN 】
☆═━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═☆
JC btc
Sr. Member
****
Offline Offline

Activity: 658
Merit: 250


View Profile
September 26, 2018, 10:04:25 PM
 #153

It's the first thing you have to have, the money you can buy the coin to trade and wait for the opportunity to raise prices, but can also participate in the Bounty campaign to earn initial funds, although they are quite long for you
There is no required amount in trading, but at least you should have some basic knowledge of what you are entering at, trading is good source of income but can also lead you to a loss if you don't know how market works, if you are in panic always.

   
████████
██████████████
█████████████████
███████████████████
████████████████▌▐████
██████████████
███████████
█████████▒▒
███████████
████████
██████████
██████████████
█████████████████▐█████
████████████████▌▐████
████████████████████
██████████████████
███████████████
████████
|
The ProFish online marketplace & tournaments
Twitter ⋄❖⋄ Telegram ⋄❖⋄ Facebook ⋄❖⋄ Instagram

|
listed on MERCATOX
═⟹  Community  ⟸═
Cointoli
Full Member
***
Offline Offline

Activity: 242
Merit: 100


WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


View Profile
September 26, 2018, 10:18:23 PM
 #154

I advise investors to invest with the right financial means and absolutely not to borrow to invest in cryptocurrency. When you first start learning about this market should only invest a little money to get experience, after all the better decide to invest more.

           ﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈


【 BACKED ASSET GREEN ENERGY TOKEN 】
☆═━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═☆
Finestream
Hero Member
*****
Offline Offline

Activity: 1148
Merit: 505


BITSLER.COM! The best Gambling site NOW*


View Profile
September 26, 2018, 10:51:57 PM
 #155

It's the first thing you have to have, the money you can buy the coin to trade and wait for the opportunity to raise prices, but can also participate in the Bounty campaign to earn initial funds, although they are quite long for you
There is no required amount in trading, but at least you should have some basic knowledge of what you are entering at, trading is good source of income but can also lead you to a loss if you don't know how market works, if you are in panic always.
You can trade even with a small amount but it will only give you less profit unlike big capital that also means huge profit.I suggest to never start trading if you only have enough money for you because if you lose that,your family will suffer too.For now,you  can still make profit and earn from it from signature and bounty campaigns.And when you have saved extra money then you can start trading provided that you already know what is trading all about.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Malamok101
Full Member
***
Offline Offline

Activity: 560
Merit: 100


MenaPay - Crypto made easier than cash


View Profile
September 27, 2018, 02:29:29 PM
 #156

Their is no ammount required for starting in trading.Because you must follow the minimum fund to start in trading and get into it.

gabmen
Hero Member
*****
Offline Offline

Activity: 1064
Merit: 528

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
September 27, 2018, 05:36:50 PM
 #157

Their is no ammount required for starting in trading.Because you must follow the minimum fund to start in trading and get into it.

Well there are transaction fees to consider as well of course depending on what exchange you're going to use and you have to have sufficient balance to meet the minimum requirements. And i think you'd want to save first a decent amount since it'll probably be like a waste of money if you start out at the very minimum.

lordmick
Hero Member
*****
Offline Offline

Activity: 868
Merit: 500



View Profile
September 27, 2018, 05:52:59 PM
 #158

IMHO it doesn't matter amount of money with which you start to trade. But I in my opinion especially in the current situation you should trade with that amount of money that you can afford to lose yourself or simply forget for a long time. And most importantly, you always should have fiat money, diversify your investments (for example invest not more than 2% of portfolio in 1 asset), use risk management and never trade for borrowed funds. So if you entered to the market, just forget about these money, calm down and just try to do your best.
DOLONCHAPA
Full Member
***
Offline Offline

Activity: 363
Merit: 100



View Profile
September 27, 2018, 06:08:18 PM
 #159

You can start low buy you earn low why? It is because of the percentage of one amount. If you put a kind of big amount you can win high but sometimes it still do depend on the situation of the cryptocurrency market.

Here remember this...

1. Hold if a big drop to red.
2. Sell it high.
3. Buy low.

Like in a store and a businessman who buy low and sell thing in a high right price situations.
EmmaBen
Jr. Member
*
Offline Offline

Activity: 125
Merit: 1


View Profile WWW
September 27, 2018, 07:37:06 PM
 #160

I don't think so. But as a rule, going in hard or heavy is good way of profiteering especially if you are utilising short term trading strategies. As soon as price action rallies, you sell off.
Depending on coin price, you may need more or less capital to start.

Good luck.

traveler  |  Travel more. Pay less! Get more out of your travel.
An innovative crypto-friendly discount travel aggregation platform
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 »  All
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
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!