Post
Topic
Board Trading Discussion
Re: Is there a required amount before you start trading?
by
Ericgreen
on 26/09/2018, 12:23:18 UTC
I was wondering if there is a required amount of bitcoins you need to have before you start trading? Also, a little out of topic, but is there a required amount that a person needs to be earning per month before he could start buying bitcoins?

Yes and no, there's no requirement on the exchange-side how many Bitcoin should you own before you start trading. But keeping in mind that the exchange fees do stack up alot if you're active trader and should be taken into consideration. Anything less than 1000usd gets eaten easily especially if your win% isn't extremely good.

I personally wouldn't start with anything less than 5K worth unless going high propability trades with margin.
Thats right dude, actually there are no minimum specifications for trading, even you can start trading with only $10 capital. but of course there is no big advantage you will earn with that capital. if you really want the intention to make a profit in trading then use a large capital but according to your ability to accept losses as well as your financial ability

No there is no required amount and minimum amount for starting crypto trading. You can start from any amount and it is much better to start from small amount because the start should always be from small amount not only in crypto trading but in every field of life. If you lose you will not be in dangerous situation. You can require deficit in less time.