Hello Bitcoin talk community!
The above question is what many people who are new to trading hear, I've also been advised to start with a large sum of money which I couldn't afford then .
But looking at it now , is it really advisable to start trading with a lot f money? Or just start with whatever you can afford?
Although the market indeed is a capital based market meaning that it requires a lot of capital to make substantial amount of money in a short period of time, it may not be very advisable to start trading with a large capital owing to the fact that trading is not gambling and not an overnight success game, (even though its possible to make alot of money overnight)success in trading is a process of compounding, this means making consistent profits and adding them up. this being the case a newbie first needs to understand how the market works ;leverages ,emotions, psychology etc,.in doing this it will only be advisable to start with an amount that will allow you learn and won't make you lose sleep,