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 started in this market with 0.5 BTC at 14k or 7000$, when the BTC fell to 9k, I continued to add 0.3 BTC ~ 3000$ and when the BTC drops to 6k I'm really panicking . I lost faith in the cryptocurrency.
My current account is only ~ 2k $ . I still keep many altcoin, it is not the lowest price, but it is acceptable. Hopefully BTC can return to the 10k price in November
I do hope that you literally doesn't mean you lost faith 100% because you still holds a lot of altcoins and I'm assuming that you also have some bitcoins in your wallet. Oh well, like I said, this bear market has really teach us a lot because I'm sure that 90% of us haven't seen this in the past so many has panic in the first 5 months or so.
As for the question of the OP, $100-$500 would be a good capital to start. Its a small amount but at least it will give you a lot of trading lessons so its possible that you can double or triple it as well.