Post
Topic
Board Trading Discussion
Re: Minimum Amount To Start Trading?
by
Positid
on 26/10/2016, 08:25:13 UTC
Trading in altcoins can be started even at 0.001btc but that kind of trading doesnt worth any think,the minimum amount i say should be 0.25btc reserved for that.Its not neccessary to use them all at once,must that much must be in reserve.
I think even 0.1 btc would be sufficient.In fact there is no minimum amount needed for trading but if you want to make big,invest big but you should be able to afford the risk also

0.25  is actually just  too much for a newcomers to trading job,0.001 is quite effective if you can manage to always making profit and the fees doesn't matter at this time,otherwise still better to save money and gain more to start with higher balance but there's nothing wrong to start with 0.001
how can 0.25 too much to start trading? i guess it is a reasonable amount ,
you can not expect anything if you start trading with 0.001 lol ,
even 0.25 for most trader are still very little capital ,
you need to take a risk even you are a newcomer it is the important thing in trading.

i am start trading with 0.001 and i only buy altcoin with small price in under 50 satoshi and suddenly i have my luck that altcoin is getting jump for the price until reach about 200-300 satoshi and i can make much of bitcoin for that. so don't under estimated if 0.001 can make much of bitcoin  Grin

i do that too, start trading at 0.001 (small investment especially on ICO at yobit or if I happen to see a pump on a coin happening)  then mostly i buy those at 1 sat LOL.  It is a gamble in my part because of the very big chance of that coin becoming worthless.  Well at least with that amount im not bagholding huge number of coins.  Then if 50% profit is seen i sold all of it then buy at the same price with the profit and keeping my initial investment safe.
Do it just for fun or your way to learn how to trade, with 0.001 that will not affect your so much financially when you fail but the learning you get is very valuable, time will come you will learn and improve your knowledge and that is the time to put bigger money to trade.