I have been thinking whether 0.005 btc is good enough to start but it is just for practice trading right, no matter, if you lose the profit at least you will gain experience. I start my trading in coinut and deposit 0.005 btc when it was around 12k USD. I stop my trading when the fluctuation causes traders to sell high.
Eventually, I am trying to read chart and still losing. I know I need to learn more, and I have tried to trade with altcoins with low price but not yet satisfied.
My question is what is the exact amount to start trading and how much profit will you earn. Give me example and I will evaluate.
Please answer my question professionally, I will delete answer with no connection to the topic.
Thank you. GODBLESS.
I dont think you should be calculating it in BTC, there is no need for that. You know how much you have and you can decide to trade with $100 or so. One bitcoin is $6000plus this time around and not everyone can afford that, especially those that are living in countries where the economy is bad. So you can decide to buy $500 to $1000 worth of Bitcoin use it for the trading, but not all of them at once, $100 or $200 is good amount to start with.