How much money should I carry on Coinbase for trading?

3 answers

• Dec 17, 2021 · 3 years ago
  It depends on your trading goals and risk tolerance. If you're just starting out, it's generally recommended to start with a small amount that you can afford to lose. This allows you to get familiar with the platform and the market without risking too much. As you gain experience and confidence, you can gradually increase the amount of money you carry on Coinbase for trading.
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• Dec 17, 2021 · 3 years ago
  There's no one-size-fits-all answer to this question. The amount of money you should carry on Coinbase for trading depends on various factors such as your investment strategy, trading experience, and financial situation. It's important to do your own research and make an informed decision based on your individual circumstances.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we suggest starting with at least $100 on Coinbase for trading. This amount allows you to make small trades and get a feel for the market. Remember to always trade responsibly and never invest more than you can afford to lose. Happy trading!
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