Quote from: ChristopherAngelo on October 08, 2018, 03:06:27 AM

I've seen people around me invest thousands of dollar into cryptocurrency trading and end up losing a big chunk of it in a matter of weeks. My advice is, if you are entering a market fresh and haven't done much due diligence you should just put in a $100 to trade with and get used to the market. You can dedicate half a year in getting a feel for the crypto market and measure profits in the form of percentages instead of actual amount. For example, if you've grown that $100 you initially invest in to $110, count your profits as %10 instead of $10. By the end of 6 months when you're proficient in crypto trading and have gained steady percentages week after week. At this point, risk of investing thousands of surplus cash into crypto trading is mitigated as you've already developed a systematic trading strategy and become less vulnerable to FOMO buying and panic selling. Just make sure you have sufficient liquid cash to pay for your own daily living expenses after investing in the crypto markets.

Nice post but I'm afraid not that easy and most people will do something really bad more than that. Enter market without knowledge, never practice and using bot will make lost in big value. Last thing is they never have back up fund to recovery asset or to close their daily living. Bad attitude that we should not taken if want to become successful trader, I believe you my friend.