Hello Bitcoin users! So i've decided to pull the trigger and set myself a coinbase account to start investing in Bitcoin and other cryptocurrency. I'm excited explore this new finance endeavor and by doing so I would like to get some initial knowledge. Everyone is welcome to chime in on this but what are you guys' opinion for someone like me starting out would be an ideal amount of investment.
I know for the most part majority will probably advise to start on what I'm comfortable with however I'm mainly looking for an ideal quantifiable range based on how much is Bitcoin is going for or other cryptocurreny for that matter. What's too little and what's too much for someone whose in the beginning stages of investing. Thank you.
I can see a lot of people have given great advices. While most of them are nice, some are really good and even i gained knowledge in reading through the replies. But if i were you, i would consider the fact that i am just starting out. And being a beginner, I should learn first the things about at least the most famous coins at this time, then ask advices(which is you already did). After knowing a good amount of knowledge about how things work, i would invest first in my security, like buying an extra device or pc or a vault to store my important details considering i am looking into investing huge amounts of money and time. And gen everything is set, i start investing small and try to get the feel of things that are going on. And when i get used to it, i would increase investments time after time, while trying to learn some more then learn and learn and learn. Knowledge is the most important thing in the crypto world. Well, luck seems to be needed too, so better have them both. So yeah, that's pretty much it. I hope this helps you mate! Good luck. Cheers.