One of my friend way I tell about crypto currencies, em like everything I tell am, em come say em wan start with trading. Now I ask am like how much em get to use take start em say na $20, I smile, but on the other hand, na money. So, make em continue or make em increase the capital?
How una see the matter?
the minimum for trading is $15-$20, one thing to note is that while trading one should be very careful because if care is not taken this money may either increase or be completely loss. And before he goes into trading he should have enough knowledge about it to avoid loss and also the the hight his trading account, the higher his profit and vice versa.
Yeah, acquiring knowledge is crucial when it comes to trading, and that one, for sure I tell am, because, every single trade person make in a day, e go either be profit or loss, while most times e de hard before e fit end in between. I also support am for the part of starting with the $20, make e be say the growth start from there, and make em with that capital start to learn how to manage loses and self-discipline, cause discipline na another thing way de fit finish person for this crypto market.
One thing to note here is that if you put in more money to trade and you are a good trader you end to earn more profit but if you use little money you earn low. However all this depends on how good the trader is.
On this point, he is completely new to crypto currency and wants to venture into crypto trading with a total zero knowledge about crypto market. For him to learn with a real account and not demo, that is why I advised him to start with $20. Cause, using a real account will put the fear of losing money and the consciousness of being attentive to the market charts, risk/loss management and as well working on self-discipline which is an important tool. As a newbie in the industry, it will totally be unsafe and professional to advise a newbie to start trading with a big capital, knowing very well he has no knowledge about the whole thing.