I never done trading so curious on this. Also don't have the money to trade as it would be for small amounts so I don't think I could make much. Is that true or false? You need a lot of money to start if you want to make enough trading for a living right?
Yes, that's right, to make more money, you need bigger capital in the beginning. But crypto trading is not for everyone though. Those that are playing in the market with huge capital could be called whales and they know what they are doing. For average joe like us, it depends, they are countries that doesn't have tax levied on your crypto gains so they don't need to worry about it. But for those, yes, you take that in consideration, and depending on your bracket, the higher you are the higher tax you are going to pay obviously.