Should I wait to have a huge capital before I start trading?

[benalexis12]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

The phrase "trade what you can afford to lose in trading" refers to the idea that if you are a novice in the world of cryptocurrency trading, you will still trade in order to lose $1,000. Because if I don't already know, I'll lose when I try to trade because I'll think I'm gambling in a casino.

To put it simply, I don't apply the traits of a trader to the trading I'll do; instead, I just look at the trading category, which is similar to a casino or gambling platform, which is the incorrect mindset of a person entering trading. Thus, you should value each and every one of your resources rather than wasting them.

[Stable090]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

It better you start small, then you can continue growing your account, if you are just beginning to trade, and you decide to do that with big amount of money, then don’t be surprise that the account might be blown, you might end up losing everything which you are trading with, so it’s just better you start small, understand all the fundamentals, and how things work, then you can then decide to increase the amount you trade with, but you can’t just jump into trading with big amount of money, because you will end up losing most of the money if you do that, people that are asking others to start trading with big amount of money isn’t really a good advice.

[Hunter_Biden]

I started with 100k, so a little bit of capitol is possible.

[GeorgeJohn]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

in trading you don't need to start trading with big amount of funds, it's  not mandatory or compulsory from my perspective  you must have large funds to start trading, it's obvious that trading you can start it With  little amount of  funds you have, because trading is very risk, And that is what is involved on trading, for trading, you have to understand that you supposed to trade with what you can afford to lose,  so that you will be sad whenever you lose because if you start trading with big amount of funds doing that is at your risk, because I know quite well that if you don't have much experience in trading you don't need to risk start with larger funds

From my perspective what makes people to lose concentration in trading is as result of much loss they experience, and for you to trade at first learn or understand signal aspects of cryptocurrency so that when you go into trading you will not lose that much in trading.

[Z_MBFM]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

Trading is risky you can make profit from here and also can loss a major part of your fund so you must have to take this opportunity before start trading. you shouldn't use big amount because you will not get any guarantee for profit from someone or yourself. that's why you should use such amount of money you are afford to loss.
I will suggest you, as you are a beginner trader, so you should use a small amount of money in trading for understand trading risk and learn trading. then if you think you are capable for making profit then you can use any amount of money you want

[bettercrypto]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

Even if it's only a small amount like 10$ you can start actual trading on any exchange op, just choose an exchange that you think you are comfortable doing your trading activity. Then you can also try it first in the demo section so you can get an idea and also know the feeling of a trader.

You don't need a huge amount immediately in trading, especially since you are a newbie and don't know enough about trading, you still need to have an idea and knowledge about it, in short, no one knows anything about trading here in the crypto space.

[$weetne$$]

Trading is risky you can make profit from here and also can loss a major part of your fund so you must have to take this opportunity before start trading. you shouldn't use big amount because you will not get any guarantee for profit from someone or yourself. that's why you should use such amount of money you are afford to loss.

Do not invest that kind of big amount on somebody to give you profit regardless of how you trust them. Why I do not want you to invest that big amount is because trading is not guaranteed to be successful. That time that you give out the money might just be the moment that they get their analysis wrong or the market has other plans and all his efforts goes to waste as the market goes the complete opposite of everything that he thought will happen. The pressure of having others money for trading can also make him to not have his mind in order and does something wrong to make him lose the money. We should invest in ourselves by learning how to become a trader and use our own money to trade instead of depending on others for profit.

[Adams0001]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

Trading is risky you can make profit from here and also can loss a major part of your fund so you must have to take this opportunity before start trading. you shouldn't use big amount because you will not get any guarantee for profit from someone or yourself. that's why you should use such amount of money you are afford to loss.
I will suggest you, as you are a beginner trader, so you should use a small amount of money in trading for understand trading risk and learn trading. then if you think you are capable for making profit then you can use any amount of money you want

Some people are willing to take risks because everything these days is about risk; all you have to do is inform him that if he wants to engage in trading skills, he should have a source of income so that he does not use the money he is managing to take risks in the markets. Trading requires knowledge, experience, so that you can know how to stake and analyse and know which step to follow, which can take months to master. Therefore, having a source of income is necessary before taking risks and profiting in the market. You are right trading is risk and if you doesn't have something doing he will put you in trouble, and that is how if you are getting profits that is how you will be happy when the market is going well and that is how if he bad things will be tough. Trading is good is just a main time and patience and you will enjoy it more then investing, because he can be your daily profit.

[Yukyzu]

Trading is risky you can make profit from here and also can loss a major part of your fund so you must have to take this opportunity before start trading. you shouldn't use big amount because you will not get any guarantee for profit from someone or yourself. that's why you should use such amount of money you are afford to loss.

Do not invest that kind of big amount on somebody to give you profit regardless of how you trust them. Why I do not want you to invest that big amount is because trading is not guaranteed to be successful. That time that you give out the money might just be the moment that they get their analysis wrong or the market has other plans and all his efforts goes to waste as the market goes the complete opposite of everything that he thought will happen. The pressure of having others money for trading can also make him to not have his mind in order and does something wrong to make him lose the money. We should invest in ourselves by learning how to become a trader and use our own money to trade instead of depending on others for profit.

When someone has entrusted their money to someone else to trade, of course they have known them very well and also know their ability to trade, but do not give trust to those who we do not know well how far their ability is in trading, of course the capital we provide will not be able to generate any profit.
If you have not been able to find someone you can trust, of course it would be better to do it yourself with the capital you have and whatever results we will get from trading, of course it is more satisfying and if you have not been able to get good results, of course there are things that we do not understand well so that we experience failure in trading.
Yes, it would be better if we do not depend on other people regarding trading and if we are not able to do it ourselves, it would be better if we had to spend more time learning so that we are truly ready to trade by getting good results.

[pusaka]

Do not invest that kind of big amount on somebody to give you profit regardless of how you trust them. Why I do not want you to invest that big amount is because trading is not guaranteed to be successful. That time that you give out the money might just be the moment that they get their analysis wrong or the market has other plans and all his efforts goes to waste as the market goes the complete opposite of everything that he thought will happen. The pressure of having others money for trading can also make him to not have his mind in order and does something wrong to make him lose the money. We should invest in ourselves by learning how to become a trader and use our own money to trade instead of depending on others for profit.

We have to do it ourselves and should not use other people's money or even we should not use our own money that will be used for other needs. There is no guarantee of profit in a trade, so we must remain careful with trading.
Prepare ourselves as best we can, both in terms of knowledge, skills, mentality, readiness to feel losses and so on. Because the risk is before our eyes and we cannot just ignore it, and if we ignore all the risks that exist, then be prepared for the bad luck that might come to us.
No one wants to feel a loss, but loss is one of the things in trading, we cannot eliminate it. In any situation, we must be truly prepared for it.

[Gladitorcomeback]

When someone has entrusted their money to someone else to trade, of course they have known them very well and also know their ability to trade, but do not give trust to those who we do not know well how far their ability is in trading, of course the capital we provide will not be able to generate any profit.

I think it's generally a bad idea to give your money to someone else to do trading for you because no matter how good someone is or how much you trust them, they will still not be as careful with your money as they would be with theirs unless you are paying them to do that for you in which case it is better that you add the fees you are giving to that person in your capital and do your trading yourself. I know it takes a lot of learning and time, but it's worth it if you learn how to do it.

Many people have traded as their full-time source of income. How? They learned trading from scratch and mastered everything, including the market, the movements, how candles work, how indicators can be used to find signals for trades, and how certain assets react in various market conditions. It might sound complex, but if you are into it and have an interest in it, you will find it being fun after some time.

One doesn't need to get themselves tired of it. You don't need to sit in front of the system day and night looking at charts. Learn things the way so that you should be able to make your trades without having to spend too much time on it.

[john_egbert]

Do not invest that kind of big amount on somebody to give you profit regardless of how you trust them. Why I do not want you to invest that big amount is because trading is not guaranteed to be successful. That time that you give out the money might just be the moment that they get their analysis wrong or the market has other plans and all his efforts goes to waste as the market goes the complete opposite of everything that he thought will happen. The pressure of having others money for trading can also make him to not have his mind in order and does something wrong to make him lose the money. We should invest in ourselves by learning how to become a trader and use our own money to trade instead of depending on others for profit.

We have to do it ourselves and should not use other people's money or even we should not use our own money that will be used for other needs. There is no guarantee of profit in a trade, so we must remain careful with trading.
Prepare ourselves as best we can, both in terms of knowledge, skills, mentality, readiness to feel losses and so on. Because the risk is before our eyes and we cannot just ignore it, and if we ignore all the risks that exist, then be prepared for the bad luck that might come to us.
No one wants to feel a loss, but loss is one of the things in trading, we cannot eliminate it. In any situation, we must be truly prepared for it.

I agree! Only the funds we are willing to spend should be used while trading or investing, in fact.
Because for them to become bigger in the perspective, time and effort is needed. And it's not like a fairy pot with money in it - you should work on it truly days and nights to see the results in the end.

[fikrett]

When someone has entrusted their money to someone else to trade, of course they have known them very well and also know their ability to trade, but do not give trust to those who we do not know well how far their ability is in trading, of course the capital we provide will not be able to generate any profit.

I think it's generally a bad idea to give your money to someone else to do trading for you because no matter how good someone is or how much you trust them, they will still not be as careful with your money as they would be with theirs unless you are paying them to do that for you in which case it is better that you add the fees you are giving to that person in your capital and do your trading yourself. I know it takes a lot of learning and time, but it's worth it if you learn how to do it.

Many people have traded as their full-time source of income. How? They learned trading from scratch and mastered everything, including the market, the movements, how candles work, how indicators can be used to find signals for trades, and how certain assets react in various market conditions. It might sound complex, but if you are into it and have an interest in it, you will find it being fun after some time.

One doesn't need to get themselves tired of it. You don't need to sit in front of the system day and night looking at charts. Learn things the way so that you should be able to make your trades without having to spend too much time on it.

Yeah, if you feel exhausted from it - it's probably not for you.
A person should live alongside the market to understand it.
If he wants to trade, that is. Investing doesn't require this kind of work all the time, but, it's appreciated too.
I do hope that each and one of us would find the thing that would motivate us in the crypto space the most.

[FortuneFollower]

Trading is risky you can make profit from here and also can loss a major part of your fund so you must have to take this opportunity before start trading. you shouldn't use big amount because you will not get any guarantee for profit from someone or yourself. that's why you should use such amount of money you are afford to loss.

Do not invest that kind of big amount on somebody to give you profit regardless of how you trust them. Why I do not want you to invest that big amount is because trading is not guaranteed to be successful. That time that you give out the money might just be the moment that they get their analysis wrong or the market has other plans and all his efforts goes to waste as the market goes the complete opposite of everything that he thought will happen. The pressure of having others money for trading can also make him to not have his mind in order and does something wrong to make him lose the money. We should invest in ourselves by learning how to become a trader and use our own money to trade instead of depending on others for profit.

When someone has entrusted their money to someone else to trade, of course they have known them very well and also know their ability to trade, but do not give trust to those who we do not know well how far their ability is in trading, of course the capital we provide will not be able to generate any profit.
If you have not been able to find someone you can trust, of course it would be better to do it yourself with the capital you have and whatever results we will get from trading, of course it is more satisfying and if you have not been able to get good results, of course there are things that we do not understand well so that we experience failure in trading.
Yes, it would be better if we do not depend on other people regarding trading and if we are not able to do it ourselves, it would be better if we had to spend more time learning so that we are truly ready to trade by getting good results.

On the market, you are on your own, basically.
The best way to experience the thrill of it is to not depend on others or on the signals on the Internet to guide you.
Only you can push yourself forward and your portfolio alongside yourself.

[betswift]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

Even if it's only a small amount like 10$ you can start actual trading on any exchange op, just choose an exchange that you think you are comfortable doing your trading activity. Then you can also try it first in the demo section so you can get an idea and also know the feeling of a trader.

You don't need a huge amount immediately in trading, especially since you are a newbie and don't know enough about trading, you still need to have an idea and knowledge about it, in short, no one knows anything about trading here in the crypto space.

Yeah, it's not like a instant money button - first it's lots of theory and doubts, then it's practise and frustration, and only then, with some time - success and understading of what's going on.
The journey of a trader is not an easy one for sure.

[milewilda]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

Even if it's only a small amount like 10$ you can start actual trading on any exchange op, just choose an exchange that you think you are comfortable doing your trading activity. Then you can also try it first in the demo section so you can get an idea and also know the feeling of a trader.

You don't need a huge amount immediately in trading, especially since you are a newbie and don't know enough about trading, you still need to have an idea and knowledge about it, in short, no one knows anything about trading here in the crypto space.

Yeah, it's not like a instant money button - first it's lots of theory and doubts, then it's practise and frustration, and only then, with some time - success and understading of what's going on.
The journey of a trader is not an easy one for sure.

But noobs wont really be able to realize it and would really be having those thoughts or having those things in mind that they will really be able to do it easily without any issues. This is why on the time that they will really be dealing up with trading on their first time then they do really end up no having that disaster on blowing up all of their accounts because they do lack knowledge and experience on which this is really that something which is really that very common thing to happen. Trading skills isnt something that you could be able to obtain in a short period of time. These realizations would really be only made up on the time or moment that they will be experiencing tough situations on which it will really be leading up into those learnings and be able to apply into their future trading sessions. This is the usual path on which every trader would really be able to experience because not all will really be having that kind of realization but rather they do treat up trading to be gambling on which its really that  very bad idea or approach to have. Always be sensible and mindful into the actions that you are taking and not really just that making yourself that having easy go lucky kind of behavior or simply being confident just because you are already that minding or believing that trading is easy, not until that the reality would really be slapping into your face.

[Rabata]

The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

I don't think any big investment is required to start trading. If a trader has investment ideas then he can guess himself how much he should invest. The trader will know what type of assets to use for trading. That is, if he has money to lose then he can invest it but if not then he should not invest. It is definitely risky to use large amounts of money in the beginning for trading. So if one invests within one's own limits and means then that investment is suitable. There are many traders who like to trade with big amount in hope of more profit but in reality if a trader is not very experienced in trading then he should start with less amount.

[bettercrypto]

Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?

Even if it's only a small amount like 10$ you can start actual trading on any exchange op, just choose an exchange that you think you are comfortable doing your trading activity. Then you can also try it first in the demo section so you can get an idea and also know the feeling of a trader.

You don't need a huge amount immediately in trading, especially since you are a newbie and don't know enough about trading, you still need to have an idea and knowledge about it, in short, no one knows anything about trading here in the crypto space.

Yeah, it's not like a instant money button - first it's lots of theory and doubts, then it's practise and frustration, and only then, with some time - success and understading of what's going on.
The journey of a trader is not an easy one for sure.

But noobs wont really be able to realize it and would really be having those thoughts or having those things in mind that they will really be able to do it easily without any issues. This is why on the time that they will really be dealing up with trading on their first time then they do really end up no having that disaster on blowing up all of their accounts because they do lack knowledge and experience on which this is really that something which is really that very common thing to happen. Trading skills isnt something that you could be able to obtain in a short period of time. These realizations would really be only made up on the time or moment that they will be experiencing tough situations on which it will really be leading up into those learnings and be able to apply into their future trading sessions. This is the usual path on which every trader would really be able to experience because not all will really be having that kind of realization but rather they do treat up trading to be gambling on which its really that  very bad idea or approach to have. Always be sensible and mindful into the actions that you are taking and not really just that making yourself that having easy go lucky kind of behavior or simply being confident just because you are already that minding or believing that trading is easy, not until that the reality would really be slapping into your face.

That's the biggest problem of noobs, actually, because they think of making money immediately and quickly; they don't know that they will also quickly lose the capital that they will use here in the crypto trading asset that they can choose if ever anyone can choose they

Then when they lose, they will blame or think that crypto or bitcoin is a scam, which in the end is actually their fault because they didn't study properly first so they would have known what they should do correctly as a trader.

[taufik123]

-snip-
Then when they lose, they will blame or think that crypto or bitcoin is a scam, which in the end is actually their fault because they didn't study properly first so they would have known what they should do correctly as a trader.

People who have never learned how crypto works will only blame the platform they are using, not themselves.
Even though it is clear that crypto has a high risk and all losses or profits are consequences.

There are also several types of trading to choose from, but if you are a beginner using futures trading,
the risk will be greater if they don't know what they are doing.

It is very quick to lose their money without knowing what type of trade is being used.
Then their panic is also the cause of why those who continue to lose never learn, never see how crypto works.

I even had almost 10 years in crypto and yes at the beginning also experienced the same thing, where I blamed crypto for my losses.
But after learning and understanding how crypto works, so I started to understand what I had to do and not blame a system that had already been created, but we as users of the system had to really understand how it worked.

[Ararbermas]

I started with 100k, so a little bit of capitol is possible.

really? Maybe you're a professional trader reason you're very confident when it comes starting such amount . Good for you.  

By the way @Op theres no required amount to start in trading , actually even you have 10 bucks you can trade immediately . But don't expect a good return on such amount of money because it will reflect on what you trade unless you do future trading wherein you can put leverage.  But Just a reminder ensure that you're knowledgeable and have enough skills before jumping in because it's not an easy work tbh . If i were you if you're just starting much better to practice first on demo trading app .