Post
Topic
Board Trading Discussion
Re: Trading without experience and knowledge
by
nioctib.co
on 08/03/2021, 14:39:17 UTC
I have very little money now you can give me any tips on how I can invest

When majority on buying frenzy, you don't buy. When majority scare to buy, that's the time you want to buy. Whenever there's a trend in BTC, newbie wants to hop in regardless what's the price are, but in fact they are already late to ride in. I remember the last trend from 6k to 7k, up to the moon to 20k, the crowd start to become crazy getting in. The price goes all the way back down and range at 10k +-. If like few k to invest now and you have positive outlook on Crypto, I will say build your own small rig and go mine Ethereum. You are more likely to go BE at 6 months +-. After BE, you are printing your money with the machine. If anything goes wrong, you can still easily cut losses by selling all those GPU. Forget about short term trading, it's not suitable for everyone and there's no easy money in trading.