Post
Topic
Board Bitcoin Discussion
Re: Is $30 dollars worth starting bitcoin?
by
tygeade
on 25/04/2023, 02:36:22 UTC
I agree that large capital is an advantage in investing because it gives a higher return, but when starting, only the minimum amount of capital should be used to get used to everything because investing is risky. You invest a small amount and feel sorry to see the market go up because you didn't invest more, but if unfortunately, the market dumped, you will feel quite lucky that you did not invest a large amount.

Investment should not be rushed, do not be afraid to miss the opportunity but invest greedily and blindly. Instead, invest slowly and experience the market, and don't be afraid of not having an opportunity for yourself, as long as the market exists, the opportunity will always exist.
I agree, if you rush int other market then you are going to have a bad result, but if you are careful about it then there is a good chance that you could end up with a better result, most people rush int other market and they lose a lot of money, that is the bad side of crypto right now, and should not be done.

I believe that the best thing to do at this moment would be making sure that bitcoin is not doing badly anymore, right now it is at a bear stage but a small one, I feel like it is a drawback and it will go back up, right now you could slowly start to get in. But even right now, when it is lower, I wouldn't advice getting in with all of your money, put just a bit in, and wait for it to either recover or go worse, if it does go worse then you can get in some more and keep doing that over and over again.