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.
If you plan to buy and HOLD you can start from $10 but check deposit fees first. You don't want to pay $3 in minimum deposit fees for such low investment. I would also add $10-100 from every paycheck so you have a continuous flow into your account.
I am not sure how frequent you plan to trade but my advice would be HODL, especially if you are not a skilled trader.
If you are about to do high-frequency trading I would advise you to start with a Demo account at eToro or Avatrade for instance.