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.
The first time you start investing with bitcoin I think that's the best thing that you did in your life because for me it is, when I first entered the cryptocurrencies the value of bitcoin was slightly above $500+ and that time I feel that it is over price or it is too high and it will not go more higher but I am wronged, there is no $200 worth of Fiat currency that existing though that's why I am skeptical back then.
Actually everyone can tell you the do's and don'ts here to invest more or less but we can't really predict what will happen in the future as in no one, only speculations that the main basis are the market's history itself. The best advise that I can give you is, start investing now than regret later that you didn't, invest only what you can afford to lose.