Quote from: maokoto on October 12, 2015, 03:32:25 AM

Quote from: jacee on October 12, 2015, 03:14:26 AM

Quote from: maokoto on October 12, 2015, 03:10:28 AM

For more experienced traders (or at least some experience) there. Which would be the minimum to invest in order to have a chance to profit from trading? I would like to start as low has 10k satoshis, but as I have seen, many exchanges have minimums and minimums fees and that does not feel reasonable.

Let's say that we put a goal to earn 20k satoshis a day (on average) from trading... How much would you see you have to employ to achieve that?

You refer in trading alt coins? If you want profit from trading you should consider starting with a higher amount of coins to start. You won't gwt anywhere with your 10k satoshi. Indeed some sites has huge fees so you will only lose with that. Consider maybe starting with 0.01 btc.

Also make sure you know how the trading life works.

Thanks for the feedback. I mean trading alts, btc... trading in general. Do not know much about trading, but after reading the forums for a while, and seeing mainly the old tip "buy low sell high" and almost nothing more, I have come to think that the best way to learn is starting trading with small amounts.

I thank you for providing an estimate (0.01 BTC). Most people would go "it depends" and all that. Grin

Any more opinions?

Well I only trade every now and then. Never really get the hang of it, but I do trade only one alt coins. I'm not mentioning here. So what I do, like what they've said buy low sell high, do not sell too high tho.

Also do not be fooled with those ROM (rise only market) coins. I tried them once and got blinded with a really high profit but then if you are not fast ebough to act, you wont get any from it.

Always monitor the price of the coins that you are trading.
Do not buy coins with less than 0.1% volume it's a dead coin. The higher the volume is the more likely you will get profit. Wink

Also try buyin on a site where you can get a coin much cheaper then sell it to another exchange site with a higher selling price. Cheesy

Trading is only a matter of patience. LOL.

Goodluck!