A small wad to start makes sense. Now that you bring that up it occurs to me that a small amount will allow me to manage my emotions during trades when I have something to lose.
I'm Canadian (I think you are too?) so I do know that the gov't changed the tax code and it is considered a currency. That's more of a long term thing — but I guess I should get my first $100 in the game. Thanks for all these vids! I never really thought about trading altcoins until I stumbled onto this and it makes me think I could do this too!
Hey, im glad your thinking of giving it a try.. I think in Canada you need to report any money you convert back to CAD.. so just make sure you report anything you send back to yourself.. And then I think you can claim it as capital gains, if they are considering BTC as currency..