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Author Topic: Is there a required amount before you start trading?  (Read 2552 times)
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November 08, 2018, 04:31:21 PM
 #221

There aren’t any minimum amount to start trading. However, you have to take in consideration of the fees involved when buying and transferring Bitcoin  when you first starting to trade. IMO, minimum $100 will be a good start.

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November 08, 2018, 05:32:14 PM
 #222

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 dont need to trade just to get bitcoin,because even a couple of bucks can purchase this coin from some exchangers
But if you are referring to trading,i believe that atleast $50-100 capital can start a small trading venture but make sure that you are already knowledgeable about how crypto market goes

This is not a simple task and entering this profiteering is really risky and harder to become an expert so be aware
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November 08, 2018, 05:59:44 PM
 #223

There aren’t any minimum amount to start trading. However, you have to take in consideration of the fees involved when buying and transferring Bitcoin  when you first starting to trade. IMO, minimum $100 will be a good start.
People needs to understand its not about how much money you have, its about how much money you wish to make. With your amount, lower or higher, only thing that makes the difference is the risk. With more money you easily make few bucks here and there with little risking, with less money you need to risk more to make more money. You need to know where are you standing and where you wish to end up, after that you gather money for starting bankroll and you strategy will determinate your risks and profits.

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November 08, 2018, 10:02:42 PM
 #224

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?

It is not necessary to a crypto exchanges to required your monthly salary before start trading on their site, unless you making savings in bank it surely required your full background. There's no minimum to start buying bitcoin, you can buy around 5 to 10 dollars at your first attempt.
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November 08, 2018, 10:33:30 PM
 #225

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?

I don't think so, but everything is very dependent and relative to how ready our financial conditions are, especially when we will start trading because in bitcoin trading there's no necessity how much money we will use for trading.

Given the price that tends to fluctuate, I think such targets do not apply because we can get more profit than what we have targeted or even the opposite.

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November 08, 2018, 10:37:43 PM
 #226

There aren’t any minimum amount to start trading. However, you have to take in consideration of the fees involved when buying and transferring Bitcoin  when you first starting to trade. IMO, minimum $100 will be a good start.

If you see that those promising coins has a bigger potential, we can't limit ourselves with the amount of money to invest in. $100 or more is worthy to invest, just ensure the your capabilities to withstand when fluctuations will occur sometimes, because that's what crypto is going to be. Self control is important no matter how big or small is your capital, you should need to manage your emotions.

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November 09, 2018, 05:40:12 AM
 #227

You don't need any fixed amount to start trading which I think ii is even good to start with little and grow over time as a newbie which will minimize your lose when trading and you can set a minimum of 2% gain as the value of the btc you earn is more important and you need to be very patient and stay away from greed.

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November 16, 2018, 05:18:43 AM
 #228

There is no required amount when you want to start trading because any amount that you can afford and only better to use extra money not your savings because even trading is less risk they have chances that your money gone in the future.
To some extent yes you wouldn’t be requiring big capital for taking start in trading. Most of times people take start with zero. They start with airdrops or some lucky draws and even on demo trading they start to build their career. People often don’t have money in start but still bitcoin don’t let them down. Rather the best chances and opportunities are being provided.

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November 16, 2018, 05:42:27 AM
 #229

There aren’t any minimum amount to start trading. However, you have to take in consideration of the fees involved when buying and transferring Bitcoin  when you first starting to trade. IMO, minimum $100 will be a good start.
Just adjust it with your skills inn trading and your financial abilities. there is no minimum in your initial capital dude.
if you are still a newbie, maybe start with a small amount is recommended. maybe $100 its good for start

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November 16, 2018, 06:16:46 AM
 #230

There is no minimum required amount before you start trading, but you have to start with a large amount to gain considerable profit. Small amount can't get you large profit. In my opinion, if you start with $100 - $300 then it would be ok.
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November 16, 2018, 07:42:30 AM
 #231

Staring with just $100 USD may look small to others but if you are a day trader and a successful one, that $100 can turn into $181 in 30 days granting that he is successful in gaining 2% profits everyday. What more if he started wit $500. That would be $905 USD. I don't mind only 2% from my investment as long as it happnes every day.



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December 14, 2018, 11:20:03 AM
 #232

Minimum amount is not required before you start trading.
It depends on you what amount youre willing to start trading.
Commonly Its better to start on a small amount if you are a first time trader so that you cannot upset if you loose. Learn first before you start trading, no one can earn a good profit if you dont have knowledge about trading.

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December 14, 2018, 12:07:00 PM
 #233

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?
Not necessarily but you need the riht amount of capital to make profits from crypto trading since you also have expenses while trading the cryptos.Bestter start with your one month of saving at initially no matter of how much amount is once you identify the idea behind trading then you can do it with huge capital.

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December 15, 2018, 01:19:57 PM
 #234

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?

I agree with some guys that already replied. I think 100$ should be sufficient to start trading.
But if you start with only 100$ I should suggest to approach it as a saving account. you do not put 100 on a saving account to withdraw profits daily weekly or monthly.

Same for 100$ on a trading account. I should start trading with 100$ but at least leave profits untouched for at least 1 year. So just keep trading and try to make more profits by adding the profits to the trading balance

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December 15, 2018, 01:50:58 PM
 #235

My advice for you is you should only invest your money that you afford to lose, trading is so risky that you can't ensure that you can earn profit. Maybe you should only invest 10%-20% of your savings.


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December 15, 2018, 02:10:31 PM
 #236

The capital that you are going to invest is not matter, the important is the trading skills that you have. Even if you only invested small amount of money but you have enough trading skill, you can ensure that you can increase your investment. 

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December 15, 2018, 02:23:09 PM
 #237

Everyone sets limits for himself. If you ask such questions, then you are new. I advise you to start with a small amount, which is not a pity to lose. You need to gain experience, it is better to do with a small amount

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December 15, 2018, 02:30:06 PM
 #238

the only thing required to start  trading is knowledge and we can make money from that, and increase our capital 
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December 15, 2018, 03:04:07 PM
 #239

I only invested small amount of money when I was beginner, I can say that it is not matter if you will put big amount of money or small amount of money. The most important that you should know how you will protect it and how you will grow it.

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WhitePaper
erickbarkley29
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December 15, 2018, 03:43:48 PM
 #240

before starting trading, you should begin with a lesser amount especially if you haven't learned all about trading completely.
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