How much money do I need to start investing on bitmex?

[KacperBTCrypto]

Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.

[jostorres]

I don't think there is a limit to start trading on bitmex for personal number reasons. I mean there is a limit for depositing, they do not allow you to deposit 1 satoshi, there was a limit (which I don't remember right now but you can check it on your account when you try to deposit).

Aside from that deposit limit there is nothing stopping you from gambling with whatever you want, the trading and the leverages all require a minimum amount and as long as you go beyond that amount you can just do whatever you want. If you can't meet those minimum requirements then I am afraid there is no way you can go around it, however if you can trade at least that much then you don't have to worry about making it big, I started all of this with 17 dollars back in the day so you can do as bare minimum as you can as well.

[mk4]

If you're talking about exchanges like BitMEX, I don't think "investing" is the right term to use. It's more of "gambling" like jostorres said.

If you really want to speculate or "invest" in Bitcoin, I heavily suggest to just straight off buy Bitcoin and just keep it for years to come. That's a more non-stressful way of doing it, and could end up being more profitable if you hold it long enough(especially as an inexperienced trader).

[ryzaadit]

The answers are, How much you can afford to lose.

Would be glad if you investing/trading with the amount you can afford to lose it, don't forget to calculate too your financial that would be good too.

[leowonderful]

If you're excessively stressing over a position, then you have too much money on it. Put in a small amount you are absolutely okay with losing, try using the testnet to learn the basics of the Bitmex site layout, and start. I have no idea how much money you have at the moment or your situation so I can't give you an exact amount, but anything you can absolutely afford to lose (on the smaller side) works.

Bitmex does have some pretty significant withdrawal fees compared to some other exchanges, so do take note of that. They do have an extremely low minimum deposit amount though.

[silver23]

I think wherever you are going to start investing, start from the $ 1000 number because in my opinion that number is a standard number and is suitable for starting early.
sometimes more doesn't give us maximum profits and vice versa.
1000 $ is the right number to start your investment in Bitmex.

[Slow death]

How much money I need to start investing on Bitmex?

just remember: do not to use the money that you can not afford to lose, this guy Hui Yi committed suicide because he lost money that was not his

Chinese Bitcoin Trader Commits Suicide after Losing 2,000 BTC on 100x Leverage Bet

I think wherever you are going to start investing, start from the $ 1000 number because in my opinion that number is a standard number and is suitable for starting early.
sometimes more doesn't give us maximum profits and vice versa.
1000 $ is the right number to start your investment in Bitmex.

OP said he did not have much money, I think he should start with $50 to test and practice. Small amounts are ideal for testing and practice

[Oilacris]

Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.

Depending on the amount that you can afford to lose up and yet margin trading is just some sort of gambling on my own experience.

Without typical knowledge on how to entry and how to get out then better to save your penny and just stick first into more worthy choice
just like on simply buying bitcoin.

[iged_war]

Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.

you have to understand first about trading using leverage.its very dangerous if open wrong position and not set cut loss or other money management.we will easily loss our money there.better to avoid this way, and starting with small amount till we really understand about this market.

[monalia]

Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.

It is a weird question for me. The person who doesn't know no how to to invest and how much investment should be involved in his trading startup will not be fit for trading platform.
I believe you can understand that well because of my reply and others.
You should be aware of all the risk factors involved in trading especially margin trading or leverage.

[seramania]

do you speak bitmex? Are you sure about the exchange? I think you have to think carefully before investing there and putting money there because there are still many other potential exchanges and other better coins.

[tmfp]

As has been pointed out, you don't "invest" on Bitmex, you gamble.

How much deposit do you need? Anything will do.

What is the Minimum Deposit to trade on BitMEX?
The minimum amount to trade on BitMEX varies from product to product depending on the Initial Margin.
For XBTUSD (for example) it is $1 USD * 1% (Initial Margin) = $0.01. At a XBT/USD price of $600 this equals 0.00001667 XBT.

[jhongzjhong]

That's right that is not investing that is gambling because that is too risky. But if you have a fund that you are willing to lose then yes you can do it. They said that risk taker will also lead to success, I think if you can afford to put a big capital so why not start gamble there with a big amount and might also big profit return.

[harizen]

Hey.
Just a quick question to you guys - How much money I need to start investing on Bitmex?
Im thinking about using leverage, I know it's risky but my capital won't be too big.

https://www.bitmex.com/app/faq#What-is-the-Minimum-Deposit-to-trade-on-BitMEX

OP told everyone here that he already knows the risks so I think he's good to go.

About the funds, he mentioned it's not that big so maybe he just wants to test the waters how things work on Bitmex.

[Cherylstar86]

 Everything is indeed a freedom on something else that you would like to invest with. If bitmex would have nice future as an investment, maybe I prefer to start at least $100 as optimum amount. More than that, I don't think it's a good try when you start at bigger amount of money. Probably there's some person but those were risk takers.

[moffer5]

I am working at BXB exchange, where we offer 100X leverage as well.

You can start as low as 1$, and the actual trading is being gamified.
Instead of minutes, we use seconds trading, which we call Tap Trading.

Check out this video for more details.

https://www.youtube.com/watch?v=NVdr1LbITGE

I think you will love this way more than Bitmex.



P.S. sorry if it comes as a sales pitch...

[crwth]

Bitmex is really a double-edged sword where you could get rekt in both sides. Whether you are in long or short, you could profit greatly and loss greatly. It's up to the trader whether or not he will manage his stop losses, etc. I hope that everyone should understand first the risk before tackling the exchange head-on. It's a matter of losing your capital or not.

I know the best way to consider what to do is to believe that you are risking the right amount of capital that you invested. Have the mindset of someone who is willing to risk their capital in exchange for nothing.

• A person who is investing $100 in expectation to double it in one month
• A person who is investing $100 and that person can afford it even if he loses everything

See the difference? That's the mindset that investors should have. Believe that you can make it and not make yourself emotional

[Vlad2255]

For testing it is better to start with a very small bankroll. You will almost always lose first. Only when you grope your trading strategy is it worth making a weighty deposit. The deposit should allow you to meet the expected value of your trading, which will satisfy you.

[Lanatsa]

How much money I need to start investing on Bitmex?

just remember: do not to use the money that you can not afford to lose, this guy Hui Yi committed suicide because he lost money that was not his

Chinese Bitcoin Trader Commits Suicide after Losing 2,000 BTC on 100x Leverage Bet

I think wherever you are going to start investing, start from the $ 1000 number because in my opinion that number is a standard number and is suitable for starting early.
sometimes more doesn't give us maximum profits and vice versa.
1000 $ is the right number to start your investment in Bitmex.

OP said he did not have much money, I think he should start with $50 to test and practice. Small amounts are ideal for testing and practice

that's true because for any amount of capital that will be issued if our ability is not sufficient it is useless you will find it difficult to get results, and you are also likely to be able to get a loss of money because your ability is still small.
and my advice is better to use small capital while we hone our skills so that the future can be better

Its always been ideal to use up small amounts rather than on directly spending big amounts just for testing phase.This is primary mistake on most newbies who do hurry on engaging into things without even minding the risk behind.
When it comes to the money that would able to spend out then it would depend on financial capacity of a certain individual.

[killerfrost]

In my opinion, $500 is enough to start investing in Bitmex. But before you leverage the trade you must know it well. If you do not know then there will be a loss.It's very risky. Start with Bitcoin. Then there can be good results.