Genemind
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April 24, 2020, 01:28:51 AM |
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You could actually begin with a lower amount than $100 as a good start. To be honest, what you really need is the strategy on how to deal with the market situation. No matter how big your capital is, if you're not smart enough to do trading, you'll still lose your funds. Knowledge and skills in trading are the best capital that you could have to begin with trading.
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Janation
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April 24, 2020, 03:43:29 AM |
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Big or small, I think it doesn't matter.
The thing here is that you are risking your money into investing in one of the most volatile cryptocurrency so you should really expect to lose, that is the same with the money you are using. Losing here is inevitable so I think you should be knowledgeable about the thing you put your money in. You should be able to lessen the risk you are taking in, as people usually said it to me.
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Sadlife
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April 24, 2020, 06:46:46 AM |
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How many times one can loose all his trading accounts before really start trading and earn.
You can possibly even lose every single time and never earn. If you are a beginner, losing so much can mean you should take a break and learn more, that is probably what's needed for you to start earning, it's a winning strategy that is proven to work. And to answer your question in the OP, "invest only what you can afford to lose". That is indeed correct no matter how much money you put in exchanges if you lack knowledge in entering a position then your risk management strategy would still be useless. Go and learn and try virtual trading once you master those different techniques to trade, you can now trade and see significant changes and can make profit instead of losing.
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Republikcoin.com
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April 24, 2020, 06:58:07 AM |
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maybe you just made a wrong strategy. after all, you've done enough experiments but haven't gotten any profit yet. I suggest making the right decision. this is the risk of trading. it doesn't matter which number you start with, as long as you have a good strategy, you can develop the asset.
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ice18
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April 24, 2020, 11:22:37 AM |
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$100 is enough but the profit is not as big enough some traders I can see starting from atleast $1k and then reinvest all profits to make it more profits in the next trades but its not always a success if you are a beginner just be very careful and study then practice before trying putting your all hard earned money remember failing is always part of the process be patient.
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Bvvvp009 (OP)
Newbie
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April 24, 2020, 01:47:08 PM |
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How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$) And one little big account (400$) in trading.
All exchange has minimum transaction amount, if you overcome this amount than you can trade. Minimum transaction amount is below 1 USD in all exchange. Start to trade means you are ready to learn market situation. If you have 100 USD, invest in 10 altcoins. For very low investment, don't take any top coin. Before start trading I lose several times and last year my big losses was almost 500 USD. Thanks for sharing your information,it gave me boost for further gaining of knowledge about trading.
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Negotiation
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April 24, 2020, 01:58:47 PM |
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How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$) And one little big account (400$) in trading.
$ 100 is more than enough to start trading, it is true that the greater the money used to trade the more profit that can be obtained, but with large capital also has a great risk of loss too The higher the capital, the greater the loss Therefore the amount of capital has to be reduced while doing business Gradually increase the amount of capital You're right 100% is good enough to start day trading. If you make a profit you will be able to triple your capital from now on Before that you have to learn about business If you can't trade you can't reduce the loss by starting at 1000 You have to learn to analyze the market well first.
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Becky666
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April 24, 2020, 02:51:24 PM |
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Well, anyone can pickup the challenge of being a day trader in the world of cryptocurrency if they're able to take the measurement of be a risk management individual. $100 is a good start for anybody to kickstart day trade but, the question is: do you possess what it takes to go into day trade? Daily trade has many things attached to it which ranging from trade technical analysis down to SL methodology.
I wouldn't allow any newbie to get into day trade because of it difficulties in earning profit from the trade. Rather would suggest short-term and long-term trade. In conclusion, some trading platforms even allow as low as $10 for trade.
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pawanjain
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April 24, 2020, 03:18:11 PM |
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The good thing about cryptocurrencies is that anybody can trade cryptocurrencies and can start with any amount. But obviously it won't sound logical to start trading with $1 would it ? So in order to start trading at least consider to invest $50 and see how it goes. Most traders don't have a good beginning but then earn good profits as they go along the way. Only experience can make you better. Start with little and increase the capital when you start earning good profits.
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FanEagle
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April 24, 2020, 07:12:28 PM |
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I would say have some sort of income that you can put into bitcoin, that is a lot more safe version of investing if you do not have money. People who get in with this much little amount do end up losing their money only because they realize the 20% increase in price wouldn't make them rich and it is totally worthless so they end up just risking all of their money to profit something decent that would help them. Since they can't really make all that much money, they end up losing it instead.
However if you do something that would earn you bitcoin instead, or if you could do something that earns you fiat but you can turn into bitcoin, that means you can have a constant stream of investments to bitcoin. Without anything like that, 100 dollars will not change much for you.
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qory
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April 24, 2020, 10:48:40 PM |
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For future trading I think $100 is more enough and get much profit than you use for spot trading because look little and just few $ you can earn profit depend how lucky you are when start trading or investing, I like future trading how ever situation when bitcoin down or up we have chance to get much profit.
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. ..1xBit.com Super Six.. | ▄█████████████▄ ████████████▀▀▀ █████████████▄ █████████▌▀████ ██████████ ▀██ ██████████▌ ▀ ████████████▄▄ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ▀██████████████ | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | . Premier League LaLiga Serie A | . Bundesliga Ligue 1 Primeira Liga | | . ..TAKE PART.. |
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CristianOff
Member
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April 25, 2020, 12:17:47 AM |
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I was doing 20x leverage on binance futures once with $100 and I turned into $300 doing day trading (minute trading actually) for 1 day. I'm not a trader, I was just trying the platform since everyone is talking about it. But yeah, just start already
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Dhoe
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April 25, 2020, 04:19:04 AM |
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I was doing 20x leverage on binance futures once with $100 and I turned into $300 doing day trading (minute trading actually) for 1 day. I'm not a trader, I was just trying the platform since everyone is talking about it. But yeah, just start already
The feature in Binance future I think is not trading but gambling, they require a minimum balance of $ 10 and if you play with $ 100 it is very high, but if you only trade pure, not like Future, then I think with a amount $ 100 is enough.
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michellee
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April 25, 2020, 04:46:15 AM |
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I was doing 20x leverage on binance futures once with $100 and I turned into $300 doing day trading (minute trading actually) for 1 day. I'm not a trader, I was just trying the platform since everyone is talking about it. But yeah, just start already
You are lucky enough to make a big profit from leverage. If you want to continue using leverage trading, I suggest you to be more be careful because your luck will not be big enough as your last profit. If you can analyze then, that is good for you, and I think you will be okay to use leverage trading. But using $100 will be okay as a beginner in trading, but you should learn more about trading so you can have a chance to increase the initial money.
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LUCKMCFLY
Legendary
Online
Activity: 2506
Merit: 1869
Leading Crypto Sports Betting & Casino Platform
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April 25, 2020, 05:36:44 AM |
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~snip~
I think that any amount is good to start trading, what you should keep in mind is that the strategies that will be used are the correct ones, the more money there is, the greater the profit and if you lose, it is the same. When trading with play money, the main reason is for you to learn to use the platform well, and above all to test the strategies, if it fails there it is not safe to launch into the market.
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fudster
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April 25, 2020, 02:02:24 PM |
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If you notice in binance users trade there with less than $100 with them in btc. You can check the market btc/usdt sometimes users just buy and sell 0.005BTC I can think of it like the market is being manipulated but I waited a little longer I can see some are buying 1 up to 4 BTC which somehow like an organic trade. $100 should be good to start but you may have to buy BNB for trade fees.
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BitcoinTurk
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April 25, 2020, 02:14:55 PM |
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How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$) And one little big account (400$) in trading.
To give an example from my own past, I don't even remember how many times I reset my capital. In particular, it is not possible to say anything clear again, but I can easily say that I have lost at least 5 digits. Unfortunately, in order to become a professional trader, it is necessary to trade for a very long time and have a good history of experience. For this reason, I would like to say that in order to be a good trader, you should evaluate yourself based on the transactions you have made and the profit margin you have achieved, not the money you lost. Remember that you can never be a perfect trader and do not trade flawlessly. To start trading with your full budget, you should gain experience by making lots of small transactions and make transactions when you feel ready.
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AakZaki
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April 25, 2020, 02:57:38 PM |
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The feature in Binance future I think is not trading but gambling, they require a minimum balance of $ 10 and if you play with $ 100 it is very high, but if you only trade pure, not like Future, then I think with a amount $ 100 is enough.
How could you say that the futures trading feature in Binance is gambling? there are no gambling features like in the "Yobit" exchange, you have to understand that. Future trading at Binance does have a requirement that a trader must deposit $ 10, according to me part of the commitment between Binance and traders, so that traders know that Futures trading is not right for newbie traders. You can only trade with a few USD if you want to trade in Spots.
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Bvvvp009 (OP)
Newbie
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April 27, 2020, 05:29:01 PM |
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How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$) And one little big account (400$) in trading.
It depends on your luck. Because this is hard work, it's not easy. If we are fighting the market alone, it means that we are hunting alone. The odds of losing will be high and trading alone is not a good idea. To avoid losing more money, you should find experienced teammates and learn from them. That's how we reduce our risk and our ability to make more money. You've failed a lot, and it's time to find a good team to work with. Wanted to trade with suggestions of a good trader but now a days subscriptions for the courses and signals cost at least 500$ ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
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shield132
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April 27, 2020, 07:42:42 PM |
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How many times one can loose all his trading accounts before really start trading and earn.
I have lost 5 times some small accounts (less than 100$) And one little big account (400$) in trading.
Depends on what's your target profit, how long you are going to be in active trading and then you can decide whether 100$ is enough for start or not. But I advice you to stay away from daily trading because you can't catch good moments always, they rarely come. Daily trading can be considered like you go in supermarket and buy things with closed eyes. As a result you bought what you didn't expect or luckily you got what you were looking for. I suggest you to prioritize to catch only good moments, not every moment that you see, that's why you don't have to do daily trading.
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