GreatArkansas
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March 14, 2021, 12:35:43 AM |
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Also, another of having too small trading capital is not reaching the minimum on trades of some exchanges. As far as I know, Binance is an example of having a minimum of $ for trades. I think it is around $5 - $10 or 0.0001 BTC.
But if you are just a small trader and want to start at small capital first, then I don't find it wrong at all. If you are a good trader you can increase your small capital.
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JohnBitCo
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March 14, 2021, 02:21:02 AM |
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The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.
And once again, if you are to scared to loose money; then don't trade, it is not for you
50$ is nothing and everyone can afford to put this much money in trading. If you do not have 50$ then of course trading is not for you. Remember that you have to pay for the fees in trading too which is almost 0.01% of the trading amount in binance.
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Mpamaegbu
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March 14, 2021, 02:35:14 AM Merited by nelson4lov (1) |
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I think trading capital ultimately depends on the trader and how much they are willing to lose per trade. There are traders who can take a $10 or $20 trading accounts to the highs of $5000 - $10000. Anybody can do it if they know what they're doing. It's very much possible these days since you can trade crypto futures and even use leverages. Your patry $20 capital would be $200 when on a 10x leverage account.
Anyway, I'm not here to talk about leverage trading. The point I'm trying to drive home is that any trading capital should be fine as far as the trader is comfortable with it and knows what they're doing. But one thing is clear those, the more the capital, the more you're likely to profit per trade if it goes well - for instance, gaining 500% on an $10 account doesn't seem to be worth it considering you only get $40 as profit. Compare that with a $500 - $5000 trading account.
This has also been my position on an issue like this. It's not the size of a dog that matters in a fight but the fight in the dog. Anyone who isn't faithful (profitable) in the little they're given can't be profitable in the much that they're given. It's that simple. It's better to have good set skills for trading before venturing into trading than jumping into it because one thinks one has enough capital that can't be squandered. No matter how much one has, if the set skills for it isn't there one will still not be profitable. Doing that then makes it a guess game or gambling and not trading.
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CryptopreneurBrainboss
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March 14, 2021, 05:13:20 AM |
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And once again, if you are to scared to loose money; then don't trade, it is not for you
I haven't seen but I have heard stories of traders trading as low as $10 and making thousands of such trade, you having luck on your side and the right knowledge can make you turn a $10 investment into $50 within weeks or months of trading, and it isn't impossible to achieved. Lets take a look at $doge currency, over the last 3 months it has done be almost 2000% return if investment that's turning a $10 capital into $200. While capital is very vital in profiting from the industry it isn't the main deal because even with all the capital in the world and without the experience, skills, right information and mindset, you're most likely not going to have a profitable/good time trading. In all industry, your capital has a role to play but there are far more important thing than capital and with you having those, you're on the path the success.
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FIFA worldcup
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March 14, 2021, 08:47:43 AM |
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And once again, if you are to scared to loose money; then don't trade, it is not for you
I haven't seen but I have heard stories of traders trading as low as $10 and making thousands of such trade, you having luck on your side and the right knowledge can make you turn a $10 investment into $50 within weeks or months of trading, and it isn't impossible to achieved. Lets take a look at $doge currency, over the last 3 months it has done be almost 2000% return if investment that's turning a $10 capital into $200. While capital is very vital in profiting from the industry it isn't the main deal because even with all the capital in the world and without the experience, skills, right information and mindset, you're most likely not going to have a profitable/good time trading. In all industry, your capital has a role to play but there are far more important thing than capital and with you having those, you're on the path the success. There are very few people who are too much lucky to convert 10$ in to thousand of dollars but on the other hand there are many stories where people have lost thousands of dollars in trading. Generally, a very low capital will take a lot of time before you have a good amount of money in hand to get advantage of trading.
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AakZaki
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March 14, 2021, 05:12:42 PM |
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Minimum trade does not have to be $50 there are some traders who use capital under $50 or more depending on the trader's ability. If the capital is getting bigger, the profit will be more and the risk will also be higher. carrying out capital management is also necessary, to divide the amount that must be traded and which must be held as a reserve. Regardless of the capital, having a good strategy will help generate profits. If you can consistently produce, the small capital will increase. Get rid of greed and fear when trading. Sell when you're profitable.
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doctor877
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March 14, 2021, 09:53:42 PM |
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absolutely it is, but only for those who knows what they are doing very well. to me its the knowledge before the capital. when you have the quality knowledge you can start with little capital and build it up. although having a huge capital will take you ahead faster.
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dimonstration
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March 14, 2021, 10:08:07 PM |
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absolutely it is, but only for those who knows what they are doing very well. to me its the knowledge before the capital. when you have the quality knowledge you can start with little capital and build it up. although having a huge capital will take you ahead faster.
Before as long as you are hard working in finding bounties and airdrop or even just doing sidelines in crypto job it will not matter if you have big capital or not. I think it is more those who started earlier and Continuous to use their earnings into trading can benefit alot in the market. Well its still good to continue and to start now since there is still chances for more adoption all we just need to know what we're doing to not lose in this business.
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nelson4lov
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March 14, 2021, 10:42:55 PM |
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~~Snipped
This has also been my position on an issue like this. It's not the size of a dog that matters in a fight but the fight in the dog. Anyone who isn't faithful (profitable) in the little they're given can't be profitable in the much that they're given. It's that simple. It's better to have good set skills for trading before venturing into trading than jumping into it because one thinks one has enough capital that can't be squandered. No matter how much one has, if the set skills for it isn't there one will still not be profitable. Doing that then makes it a guess game or gambling and not trading. True that. Having the right trading skills prior to setting up your capital and getting a trading account ready is the right way to go. Trading requires a lot of things to be in place in order to have a successful career. I mean, you can't have capital but no skills or trading skills without good capital. Both of these work hand in hand because once you're properly skilled, you'd be able to take good care of the capital in a way that ensure that you always stay on top of your game regardless of the times you get losses.
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seleme
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March 14, 2021, 10:49:17 PM Last edit: March 15, 2021, 11:23:20 PM by seleme |
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The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital;
LOL, you entered the market with a different situation to us who have been stuck in the market since 2015, so it may apply to you, because the fact is not about big capital, but how well you manage your finances when trading. because in my opinion it's useless if you have big capital but don't have the skills to trade. Aren't there many big investors and took money in lifeboats, just to trade, then actually the fall cannot be saved and it only takes one reason (YOU DON'T KNOW HOW TO MANAGE MONEY) I agree but there is no point to keep printing with small balances for 10 years, experienced traders are traders with 10 years of experience. The capital is important to go full-time trading, only a few lucky traders can stay on the top 1% after 5 years. Staying on the top 5% is the result of smart brain, not everyone has entitled in such a trading life. Having a 10 years of experience means this trader has seen all faces of market cycles, he is able to protect capital in all kind of market situation compared to the rest of losers. Just my 2 cents.
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sheenshane
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March 14, 2021, 11:47:37 PM |
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absolutely it is, but only for those who knows what they are doing very well. to me its the knowledge before the capital. when you have the quality knowledge you can start with little capital and build it up. although having a huge capital will take you ahead faster.
I tend to agree with this, it's a very simple idea. Build up knowledge first before thinking of huge capital, even how small it is if you know how to manage you can build it up and make a huge capital when you have already your profit, but of course with the reputable exchange. Skills are most important in trading, furthermore, if you know those analyses that commonly and effective way used in trading. At the right time when your experience teaches you very well, that is the right time to increase your capital. Skills + Big capital = Big profit.
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cryptoaddictchie
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March 15, 2021, 03:40:46 AM |
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The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.
And once again, if you are to scared to loose money; then don't trade, it is not for you
Actually if you are gonna trade on dex then this budget isnt enough when you consider the gas fee from swap and confirmation of the tokens. Capital is important when it comes to trading and obviously many are trying out their luck with this even the odds is not good. But of course in trading every chance is a risk. Losing or gaining it might really be a tough call.
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Fredomago
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March 15, 2021, 03:59:35 AM |
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absolutely it is, but only for those who knows what they are doing very well. to me its the knowledge before the capital. when you have the quality knowledge you can start with little capital and build it up. although having a huge capital will take you ahead faster.
Precisely! If you have the knowledge and skills within your chosen venue of investment, you can do even you only have a small amount of capital. though there's always advantages when you have a good amount of money, you can easily divert or deal with cut-loss when you feel quitting and trying to ship over to another investment. Unlike with limited capital which you always tied up.
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maydna
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March 15, 2021, 04:55:13 AM |
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If people want to start crypto trading, they can start with a small amount because crypto trading is different from stock trading. Using $50 will be enough to analyze many coins at the market and try to make a profit. But trading is not easy because we need to have skills in trading to find the right coin as we will confuse searching for the coin. I suggest you not follow any sign without you analyze by yourself because we don't know if that signal really gives us the right signal or just wants to benefit us. You can increase your capital in trading, especially if you have high trading skills, so you can have a chance to make a bigger profit.
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zanezane
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March 15, 2021, 06:11:39 AM |
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If people want to start crypto trading, they can start with a small amount because crypto trading is different from stock trading. Using $50 will be enough to analyze many coins at the market and try to make a profit. But trading is not easy because we need to have skills in trading to find the right coin as we will confuse searching for the coin. I suggest you not follow any sign without you analyze by yourself because we don't know if that signal really gives us the right signal or just wants to benefit us. You can increase your capital in trading, especially if you have high trading skills, so you can have a chance to make a bigger profit.
That really depends, if you don't have any prior experience and you are dumb and stubborn to jump right into the real world trading then a lot of capital is a good thing for you because losses is going to be piling up on your first times in trade and you will have to have enough money to do it. I do agree in the long run that having a big capital is good for trading because you will have more money to invest in something that you believe is going to go up and you will be able to get bigger returns in the process.
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Yamifoud
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March 15, 2021, 06:36:03 AM |
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The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.
And once again, if you are to scared to loose money; then don't trade, it is not for you
Honestly, $50 is very small at this time, and it is really hard for us to grow with that capital. Maybe we could say it was just the start-up but I will say the bigger capital the better experience we do, and the more coins we can invest like to say $100 or more. If just because you are afraid to lose and you don't want to start a bigger amount, I would say that you better stop trading. Why? You surely are bored waiting for $50 to become $100 (that was a double already but can't imagine how long and how much time wasted for that)? If you wanted to gain more, make yourself ready to risk more than $50 also.
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CryptocurencyKing
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March 15, 2021, 07:02:35 AM |
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The thing about capital is that, it gives one the courage one needs to enter the market with a definite amount on the high side and invest. Coupled with the advantage that comes with it, having an opportunity at a time and the profit that comes with it is always going to be in multiple of your accumulated coin. In turn, it helps you to have satisfaction about your investment from the profits that result. Should you have own capital and somehow seem to have a satisfaction about the little profits that comes your way and you don't seem to see it as a waste of time and opportunity, then your certainly on the right track of building the right mindset towards trading.
In essence, high capital is more encouraging when you invest right but, should you have a low capital and your mindset about the profits you get is about right, then, they are just about the same result at that point.
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Silberman
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March 15, 2021, 07:39:42 AM |
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The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.
And once again, if you are to scared to loose money; then don't trade, it is not for you
It is true that you need at least some minimal capital in order to trade the markets, because if your capital is too small then you are going to lose more money on the fees than whatever you earn out of your trading activities, however your view of all of this is too simplistic, once you have the capital now you need a lot more than that, you need a strategy that can profit from those markets otherwise it it doesn't matter how much money you have you are going to lose it.
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Restmand
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March 15, 2021, 08:04:23 AM |
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The minimum capital that is required to trade effectively and compound profit is 50$; anything below that means that you are literally wasting your own calls, signals; because without a good capital; the only way to make money is if you are making over 100% profit which is not sustainable. Your profit is someone else trade capital; so i implore us to twice your trading capital.
And once again, if you are to scared to loose money; then don't trade, it is not for you
I agree with if we are afraid to lose money when trading better stop trading. Trading is very profitable and lots of traders are getting rich because of trading but we cannot deny the fact that we are able to win the trade if we cannot pass some trials of being loser and being greedy and very aggressive in making decisions. So if you want to become a wise trader try to trade the exact amount to trade which you can afford to lose.
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maxreish
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March 15, 2021, 08:12:13 AM |
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The capital depends on how much you are ready to afford to lose that money. And there is a minimum deposit amount for a certain trading exchanges wherein you can start with the trading. Even you trade with $25 and you gain profits whether small or big, when being accumulated and saved, it can be bigger. Especially to those newbies that just wanted to try trading in small capital only.
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