Quote from: leonair on Today at 04:35:28 PM

Quote from: Gooner0 on October 23, 2024, 10:25:44 PM

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?

You should never wait for a large fund to start trading. Because no one can be successful in trading, there has to be loss. And if you are not an expert, it will be a worse experience for you if you use large funds for trading from the beginning. Because using big funds will also make your losses much bigger which is never a good experience for you as a new trader. Always start with the smallest possible amount to start trading so that even if you lose, it won't be too big. don't get excited for trading, always keep yourself careful and control your greed

If you are really that wanting to deal up with trading then you can be able to start with demo trading on which you can really be able to make yourself that be able to practice or hone up your skills on which familiarization on which this could really be done via demo trading on which you wont really be needing any money when it comes to this. On the moment that you would be that deciding to trade up with real amount then you can be able to make yourself having small amount on which you will be practicing your skills gradually and its normal that you will be able to experience mistakes and on the time that you will really be able to gain up experience and find yourself that sustainable then this is the time or moment that you will really be adding up on the amount in regarding about your trading capital. So it will really be that up to you on how you do handle things accordingly.

Just make it sure that on the moment or time that you have decided yourself on trying out to deal up with this volatile space. Then make it sure that you would be finding yourself that being prepared into the things that you would be gonna dealing with. You cant really just that make yourself being that too confident because this will really be bringing out that kind of mistake and errors because of being that too careless.