Post
Topic
Board Economics
Re: Investment amount
by
fabrizoc
on 08/03/2018, 08:31:09 UTC
I would like to start from $50,000 now because i have already some of the bitcoin and this is not bad to wait for the future i want to start from this amount for now and if i have some more money in the future i will invest in some altcoin as well but i want to start from this little amount So it may clear to me about the profit and other volatility of this currency.

For me, this option is even worse than choosing 50 dollars first to make the investment. The newbie must not risk with the huge sums of money until he feels he knows almost everything about the market of the cryptocurrency.
It is very much true that at time when you are newbie, there are likely chances that you will suffer some loss as you don’t have adequate knowledge regarding the things and that you make such kind of mistakes which can result in loss of money. At that time, you need to decide very much carefully the amount of investment which you can afford to lose as you should only invest small amount of money in the start.