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Author Topic: I'm interested in trading but don't know where to start. Any tips?  (Read 1341 times)
xSkylarx
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July 14, 2019, 11:20:40 AM
 #21

I am newbie in trading. can you guys please help me ? How much money do I need to get started?

Start with a very small amount to learn how it works. Read some articles or watch tutorials on how to trade. Internet is always your friend, it's up to you how you will use it to the fullest. Once you get the hang of it increase the amount you trade. Also don't listen to some experts saying what is good to trade, imo only them gets the benefit of it. Always DYOR.
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July 14, 2019, 04:57:08 PM
 #22

You can start trading with any amount as long as it can cover the trading/withdrawal fee. Some exchanges do place limits on the amount you can trade with...am not sure if most do though.

I think you will be better off learning how to trade from  good ebook, YouTube videos or websites, than learning very little from members here. .
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July 14, 2019, 05:02:11 PM
 #23

I am newbie in trading. can you guys please help me ? How much money do I need to get started?
Is not money you need now but knowledge. Get the right resource(video,audio and ebooks) and bury your head into it  before you put your money. If you struggle with any information, you can check search for similar topics here, if not found you can ask high rank members with strong trust level maybe they can help.

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July 14, 2019, 06:01:41 PM
 #24

I think you should start with $ 50 no less. Otherwise it won't make sense.

For most people trading amounts of $50 might not make much sense, but we have to understand that there are also people for whom $50 is a lot of money, and that they trade with much smaller amounts.

Most exchanges have a minimum amount they require you to have in order to participate in the market. Bitstamp, an exchange that I frequently use, handles a minimum of $5 per trade, but this is an exchange for the more experienced traders/investors. Binance for example allows people to trade with a minimum of 0.0001BTC, which is like $1 at current rates. Depending on where you are from, this is probably the best exchange to use.
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July 15, 2019, 06:48:11 PM
 #25

Sometimes I also want to advice some interested individuals to try with what they can afford. For some older traders, they know the higher the risk, the higher the profit or loss. It could be a gamble for some decisions but we do a little bit of diligence at our level. be that has it may we might still need patience to have a good ROI.

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July 15, 2019, 06:59:29 PM
 #26

I am newbie in trading. can you guys please help me ? How much money do I need to get started?

Just after only 2 hours after you created this topic, you made a reply on another thread giving a suggestion.

You suggest a trading platform. Yes, "suggestion".

Does Binance not have a feature to do this?  If not, what exchanges do have the features for doing trading stops?
I think Bittrex is a great option for you . Smiley

Why you became familiar with Bittrex and it's feature but having a hard time to know where to start at trading?

 Huh Huh Huh

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July 16, 2019, 06:53:22 AM
 #27

I am newbie in trading. can you guys please help me ? How much money do I need to get started?
As a newbie you can search on google, youtube and in others platforms to get some articles and videos to learn about trading properly. Then you can start trading with a very small amount of money. You can start with $50 for the startting.     

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July 16, 2019, 02:55:43 PM
 #28

I am newbie in trading. can you guys please help me ? How much money do I need to get started?

I want to make a recommendation worthy of gold for you. Then maybe I will write something to answer the main question, I don't know. If you need to comment on my advice on gold value, it will be very troublesome for you, but I would advise you to do some research. Your own information, your own research and your own results will always be more useful to you. You can never go one step further with the information of other investors or other members. Now, since you don't have to bother doing research, I want to give you a very brief answer to your main question because you don't deserve a detailed message or information. You should get some experience and do some research.
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July 17, 2019, 03:48:10 AM
 #29

I am newbie in trading. can you guys please help me ? How much money do I need to get started?
You can trading cryptocurrency using small amount of money, but the more money that you use then the more profit that you can get. I suggest you to only trading ETH-FIAT or BTC-Fiat so the risk can be minimized. If you want more diversification on your invesment then I suggest you to only buy top 10 biggest marketcap altcoins.

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July 17, 2019, 07:24:14 AM
 #30

AS a beginer of trading sactor , you should know about trading and its features. You should aware about risk and make your mind to accept it. Then you can deposit a amount of money that is not to big.Because Big amount is too risky for beginer. Then you should deposit your money in good exchangers. After that you can invest your money to buy some good coin and earn your profit and experience.

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July 17, 2019, 10:28:38 AM
 #31

I am newbie in trading. can you guys please help me ? How much money do I need to get started?

Make your own way first dude, entering in crypto trading is not easy to understand. You need to begin with learning, while desiring or aiming for profit but don't be greed in the first place. You can start with small capital amounting 50$ depending on the exchange you wanna learn first like on Kucoin this is a good start for a newbie like mate.
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July 17, 2019, 05:45:17 PM
 #32

If you are a beginner, you really don't need to use real money. But the thing that must be done is to learn to recognize the market, so it is better to use a demo account until you fully understand about trading. If you feel you have been able to plunge into a real account, then please with a small capital first like $ 50 I think that's enough.

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July 17, 2019, 11:35:21 PM
 #33

Have all the things prepared well, you can just start if you are willing to risk. The market is still at down which is a good time to start buying more coins. We have to take this advantage before it's going to bounce back and surging for another market strike.
Trading ain't difficult to learn, only it needs patience and some work on it in order to achieve our goal.

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July 17, 2019, 11:55:44 PM
 #34

I am newbie in trading. can you guys please help me ? How much money do I need to get started?



Difficult and risky investing in trading without knowledge, if want to get start to invest in trading jus start reading and searching herein forum discussing old threads about trading guidlines share by the some people well experience. to avoid risk and huge losses but you need to also to be ready all struggle and challenges in trading.
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July 18, 2019, 02:15:52 AM
 #35

Totally risky, better to stick away from it, that is the best thing that you can actually do.

The market is super, but super strange at the moment and the only thing that you will obtain, are losses, just a suggestion, do not take it personal.
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July 18, 2019, 02:51:08 AM
 #36

If you're completely new to the concept of trading, stay away with the concept of leveraged trading or margin trading until you've got an extremely good grasp of regular trading and you find yourself profitable with non-margined trading. Newbies tend to overleverage themselves and get liquidated with margin trading, and though your gains are amplified, your losses are also amplified and it's hard for even experienced traders to effectively use margin.

For learning resources, there are many good guides on Medium that will help you out. A large number of them are written with margin trading in mind, but the ones that aren't are very informative and you'll want to at least skim through them.
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July 18, 2019, 08:40:59 AM
 #37

You can start with Altcoin you should study a project before investing. the one project I believe is Moozicore I have also started with altcoins and I know price not matter but there single token price is 0.0185$.

The new ecosystem is IEO it is the game-changing method and it is the most trusted way for the investor. Moozicore is the most reliable project https://tokensale.moozicore.com/ this is a genuine IEO to create trust I am really satisfied with them.

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July 18, 2019, 11:59:05 PM
 #38

I am newbie in trading. can you guys please help me ? How much money do I need to get started?
Don't listen to those who will give you tips on what to buy like those signal groups. They will not help you earn and they will not help you learn. They will just take your money if that group requires a fee to get their tip and the tips that they would give are coins that they already bought ahead of you. They will dump once they reach their goal, not your goal or the target that they mentioned in the signal. You will end up holding an expensive coin.I suggest that you try to read and attend seminars about trading. There are free webminars out there too that you can join online.
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July 19, 2019, 03:51:21 AM
 #39

start with any funds you are ready to lose with but with minimal 0.01 BTC since the fee for every trade is not that small. Trading is really cruel especially in crypto and you're still newbie

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July 19, 2019, 04:55:08 AM
 #40

start with any funds you are ready to lose with but with minimal 0.01 BTC since the fee for every trade is not that small. Trading is really cruel especially in crypto and you're still newbie
If newbies in trading would accept that they would likely make more mistakes in the beginning, they would know how to manage themselves and they will not put a decent amount of money.

 Improving should be the goal here because if a trader improves he might be more consistent on his prediction and might be profitable in the long run, things should not be rush, always learn in this journey because if that's the mentality, success is not impossible.

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