Post
Topic
Board Altcoin Discussion
Re: Benefits in cryptocurrency trading.
by
4rzun4
on 30/06/2019, 20:14:57 UTC
Goodnight all,, In May, which ended yesterday, I got a pretty good profit in trading ETH and BTC. About $ 600 in almost a month. Do you experience the same thing when market conditions continue to improve. Share your experience, to make more enthusiasm in trading. Thank you very much.
Of course, trading is one of the profitable avenues in crypto. However, the profit returns normally depend on the input made by the trader because for coins like BTC, the market price is huge hence buying a small amount will not see any significant profit even if the market price rises from $11K to $12K.
That's right, in cryptocurrency trading, especially bitcoin, you have to use capital that is large enough to make a substantial profit. And to be honest it takes courage in speculation. Losses will continue to overshadow the mind, and that's what I passed. The first time I started large scale trading, I used $ 1500 capital. And often suffer losses in the initial stages. Never be afraid of experiencing losses, that's the beginning of success.
It is certainly difficult to trade small capital, but everything is possible. I think that the starting capital for trade is 5000 dollars.
Yes, but $ 5000 is too big for me, the main capital is experience and serious determination. Never ambition to gain big profits, better a little but sure. Because sometimes it will fall into a big hole of loss, if we are not careful. Learn about every market move, that's also one of the keys. Thank you.