Quote from: Tipstar on March 13, 2025, 04:44:26 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?

Not necessarily. The price changes are in percentage and the commission are on percentage. With low capital, the money you make might be low but it would be similar to what large trader are earning by percentage. Saying so, there a limit you could go low. I'd say you need to have $100 at least to start trading with one coin. Anything below that set aside for a coin and you can't play with the price change. Trading involves active or automated buying and selling.
If you have a $100 and a coin you believe in, jump in, specially on dips like at current time.

You will be able to feel the profits when the amount of your initial capital is decent unlike with small capital the profits might not be felt that much, though there's traders who can live that way and capable to stay with that kind of trading style, just need a deeper patience and long-lasting trading strategy.

It's more on how you take things and how it will going to work and keep practicing and adjusting from situation to another so whatever amount will be your capital you'll be able to catch up and possible to earn and make decent profits..