Post
Topic
Board Beginners & Help
Re: A newbie with 100$
by
Smartvirus
on 20/09/2022, 12:46:37 UTC
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?
It would get you somewhere if you know what to do with it. From what you've stated in OP, it seems you already invested it in ETH or BTC already and if that isn't the case and your just being speculative on what coin to invest with and maybe hold for some time, I'll say you should go for bitcoin after doing your own research. What is of the most importance afterwards is, if you are ready to hodl and how long can you hodl the coin to make profit out of your investment. Mind you, you shouldn't expect a 2x of your capital although that is possible but, it would mean, the market getting to an ATH and even breaking it. Hence, in course of your hodling, if your satisfied with the profit you've made, let's say $50, you've done good too but still, you could choose never to withdraw from it and instead add to it.