Post
Topic
Board Trading Discussion
Re: Too late to start?
by
Oshosondy
on 07/03/2023, 23:27:09 UTC
Just first know that it is not late to start. Did you know that less than 10% of the people in the world have yet invested in crypto, not even yet close to 10%. Also even if the adoption has been so much, the adoption still continues.

You created this in the trading discussion, but you should know that trading can make things to go ugly for you, if you eventually go into crypto trading, you have to always keep in my that you should start with the amount of money that you can afford to lose. It would even be better if you use less than the amount you can afford to lose. But my dvise is that you should just not trade but learn more about investment.

To start, learn about bitcoin, learn about bitcoin halving and how it is having effect on price. To not make things complicated for you, you can start with reading bitcoin for beginners, like this ones:

https://www.google.com/amp/s/cointelegraph.com/bitcoin-for-beginners/amp

For news, you can check Cointelegraph or Coindesk for it. There are many other news sites. You can browser about it.
For price app, you can go for Coingecko which is better, or go for Coinmarketcap, but I will not recommend it because Binance owned it. I will not recommend what is centralized.

You should try and check the price of coins after bitcoin halves, first and second year after of bullish trend, which will follow thrid year of bearish trend and fourth year if bullish and bearish trend.

Invest in bitcoin, but altcoins are more volatile and if they have fallen so much, you can gamble with good ones among them, I eman the ones with high marketcap. But know that altcoins are not decentralized like bitcoin.

To know more about altcoins, I can suggest you to read more about: