How much money and which rule follow for trade??

[ricardobs]

Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

No one will give you a set of all the rules and successful trading strategies. Experienced traders who are really well versed in trading are not interested to teach anyone or they sell their knowledge for money.
The whole point is that each trader has his own successful strategy. After all, what suits one person doesn't suit for another.
I advise you to start learning everything about crypto currencies and trading right now, no need to wait for someone to tell you all the secrets (in fact, no one knows all the secrets). Start by studying technical analysis. Next, study the trading indicators, candlestick analysis and trading strategies. And only when you have all this knowledge, you will be able to choose for yourself what is right for you. And your best teacher will be an experience. Only by making deals you can learn how to properly apply your knowledge.

Another thing we need to keep in mind is that these experienced trades are very busy through out the day and get little time to impart knowledge. There are some well versed traders on YouTube and give away free tips but they do not make instant videos. There might be people who would sell their these skills and make additional money but these people were newbies in the start so yeah, you can learn you own.

[1715397507]

1715397507

[1715397507]

1715397507

[1715397507]

1715397507

[1715397507]

1715397507

[travwill]

There are different strategies for managing money in trading, the main thing is that you would be willing to lose all your funds in case of an unsuccessful outcome, and also invest in small parts, usually not more than 5% of the deposit for one asset.

[Danumsigwasan]

I don’t follow rules set by others. As a trader, I know what I am comfortable with and I know my range, so I always trade accordingly. We should never try to follow others.

I always make proper risk and money management, which is easier with FreshForex broker because of their 200% Deposit Bonus, which is pretty cool and likable.

[devis9990i]

I think in trade we must be able to find ways to make our initial funds not wasted and for that we need a strategy and to do that we need a lot of knowledge and experience. And the second thing is that we shouldn't feel panic in trading and control our emotions will be the key.

[guoyu78]

I think in trade we must be able to find ways to make our initial funds not wasted and for that we need a strategy and to do that we need a lot of knowledge and experience. And the second thing is that we shouldn't feel panic in trading and control our emotions will be the key.

Every penny we bring out of our pocket is actually worth accounting for because we worked for it, and we should be able to hold our self-responsible if we lose it, therefore, there is no money that should be lost to trading, and that should be our mentality, we have to try as much as possible that we get all the necessary strategies like you said so that we would not waste our time and our fund in the trade.

To get strategy or develop one is not very easy, but if we can try as much as possible to work towards it, then it would really be worth out time in future. It takes experience not to really panic in trading no matter the level you have built your mind to, it is natural for most newbies to panic, but it is unnatural for those that have built strong strategy to panic because that is where their level of confidence is being tested.

[cofinder]

As other fairly mentioned, you don't need a lot of money to start trading. And since you're a new here, it will be wisely and safe enough to just buy some the major cryptos like Bitcoin, Ethereum, XRP or Litecoin, and stick to friendly and simple crypto exchange. For example, you can start with CEX.IO, its website is easy to navigate and there you can buy cryptos directly by using your card, or try your luck in simple trading or margin trading on its comparatively new platform CEX.Broker, https://cexbro.com/.

[ableh]

Hey  I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.

In my opinion, trading is not about how much money you have, but how much the price of bitcoin / altcoin can go up. Even though you have a lot of money to trade, but if the price of bitcoin / altcoin only goes up a little it will be useless. Instead of getting a big profit with a big capital, I prefer to use a small capital to get a big profit.

[pamsugas]

for beginners it's best to start trading with just $ 10 capital, do lots of research so you can become a successful trader.
I give some supporters so that you can become a good trader
1. make a tradingvie account there too you see many people's predictions check https://www.tradingview.com/ideas/
2. follow the professional telegram channel like traders
https://t.me/tradingcryptocoach and https://t.me/botje11

[tambok]

for beginners it's best to start trading with just $ 10 capital, do lots of research so you can become a successful trader.
I give some supporters so that you can become a good trader
1. make a tradingvie account there too you see many people's predictions check https://www.tradingview.com/ideas/
2. follow the professional telegram channel like traders
https://t.me/tradingcryptocoach and https://t.me/botje11

There is no question as to how much and who to follow, the questions is, how much you are willing to learn, what is your goal, target income, how much time you will devote in studying trading, are you ready for many fails, for many lose, are you ready to control your emotions? If we can answer this all, then trading will be fit for us.

[nasipadang]

To trade crypto with a low coin value, you don't need to need a lot of capital. The main thing is to learn how and what makes the market move, for example a newsroom, usually when there is news about a big character talking about crypto, the impact will be seen in accordance with the reaction of most users. There is also a technical analysis based on historical price and canlde conditions.

[secretgirl]

to trade there are no specific rules that become the benchmark. everything is up to your ability, but I suggest to start trading with capital if you experience a loss, you are able to accept it. indeed in trading crypto can benefit, but you also have to think about the risks involved. Large capital must be followed with a large risk. to get profit, I think you have to learn about analysis or strategy in trading. You will benefit when you can sell coins that you hold at a price higher than the initial price you bought.

[Aying]

to trade there are no specific rules that become the benchmark. everything is up to your ability, but I suggest to start trading with capital if you experience a loss, you are able to accept it. indeed in trading crypto can benefit, but you also have to think about the risks involved. Large capital must be followed with a large risk. to get profit, I think you have to learn about analysis or strategy in trading. You will benefit when you can sell coins that you hold at a price higher than the initial price you bought.

The main point is learning is earning. newbies should learn first how could they control their money towards trading and investing. without strategy and analysis, you as trader will lost everything even your small knowledge you gain. give the time and effort to learn more to avoid risk. you have your own rules at yourself. make some limitations and don't brake it. our predictions are not always right, so it's best to understand everything before you decide to buy or hold a coin.

[Shasha80]

For trading there are no rules that determine the amount of capital that we use for trading. Can use a small capital, may also use
big capital. The most important thing is always to use money that we can afford to lose, don't use loan money. I personally suggest
use a minimum capital of $ 500 so that the profit is obtained. But for newbies, don't use too much of their capital, afraid of not
understanding strategy in trading. If a newbie uses big capital, it is afraid that it will run out because of losing. Advice from me, don't
be too greedy take profit, the important thing is small profit, but often.

[drachman]

to trade there are no specific rules that become the benchmark. everything is up to your ability, but I suggest to start trading with capital if you experience a loss, you are able to accept it. indeed in trading crypto can benefit, but you also have to think about the risks involved. Large capital must be followed with a large risk. to get profit, I think you have to learn about analysis or strategy in trading. You will benefit when you can sell coins that you hold at a price higher than the initial price you bought.

The main point is learning is earning. newbies should learn first how could they control their money towards trading and investing. without strategy and analysis, you as trader will lost everything even your small knowledge you gain. give the time and effort to learn more to avoid risk. you have your own rules at yourself. make some limitations and don't brake it. our predictions are not always right, so it's best to understand everything before you decide to buy or hold a coin.

Probably the worst thing that can happen to an inexperienced trader is to win big at the beginning, if this happens to him he may convince himself that getting profits in the market is easy and that he does not need to learn as much as he thought but that is false, earning profits from this market is difficult and can only be done by traders that know very well what they are doing and if you are not one of them then you must understand that sooner or later you will lose your money to them.