Well I originally had a plan where I was going to save up 4,000.00 USD as "money that I would use to invest in crypto that is also money I can afford to lose". That way I can invest in a big way and it's not the end of the world for me if I fail and lose it all. I spent months researching what crypto was, how it works, asking a gazillion questions on this forum, etc.
But when I finally had 2,000.00 USD saved up, I decided to not wait till I have 4,000.00 to start investing and I've been scalp trading for the last few days with dogecoin.
Just a few minutes ago, I took the 2,000.00 USD that I spent investing and withdrew it and put it back into my bank account. The money I now have in my portfolio on binance.us is now the profit that I'm trading with. ....and my balance is 2,782.87. Yes, that's right. I made 2,782.87 in just a few days by scalp trading on dogecoin! My original 2,000.00 dollars is back in my bank account (well, I have to wait 2 business days before it's OFFICIALLY back in my bank account because of the proccessing time I have to wait)....and now I'm just using my profits to trade with.
This is awesome! Just wanted to post this here and say thank you to everybody who answered my gazillion rookie trader questions. I put the stuff I learned on my own and stuff I learned in this forum to good use! WOOT
Beginners are really lucky. Many trading groups have advised buying dogecoin, but I would still not buy this coin. When you have been in the cryptocurrency market for a long time, then before buying each coin, as a rule, you analyze the market well and try not to buy meme coins.
Manage your profits correctly and do not count on luck, because statistically many novice traders also quickly lose their profits.