Quote from: Zilon on Today at 07:47:22 AM

Quote from: KiaKia on July 08, 2022, 07:43:55 PM

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

$100 on Bitcoin could make a lot of difference depending on the approach you adopt towards your investment. If you adopt DCA in the dip you can make turns of profit. If you are knowledgable about crypto trading you stand a chance of making even double your capital and if you choose to hodl if prices starts hiking your profit margin will expand. It is best you learn a strategy you will like to adopt before embarking on the risk

I don't inject the word "profit' into all beginner's minds but rather say to have a positive mindset. It can't be denied because of that word, many people got crazy and even think that crypto investment is a quick-rich scheme which in fact, it was not and can never be. Investing $100? I don't see any profit from it actually, we can never expect that amount it grows into $150 or $200 and this is the reason why. I am supposed to say to make use of this amount to explore the market, adding more funds could be next if we are sure that we can handle the stress already.