Hello everyone,
I’ve lately been trying alot of different ways to start making money but something in me tells me trading could be really fun and exciting to get into. Unfortunately I can’t afford to invest much right now so I’ve managed to invest around 20$ to get started. I’d really appreciate if you all could let me know if what i am doing is worth it or am I just wasting time?
Kind regards,
Human
hey! Mate quite a nice start, gradually you gonna invest bigger when you must gotten good understanding of the crypto industry and how it works. If you have $20 don't even think of using it to start trading, basically leverage trading as a way to start making money, because certainly you just gonna lose it. So, I would advice you put that money into Bitcoin or other realiable crypto project just like Solana or some other coins out there that has the potential of increasing in value in the future. with the little amount, I think solana will fit in here which currently is trading around the price of $20-$22.
The amount of money you started with is not bad,Atleast for a start,it's a reasonable amount of money to go with,most persons make that mistake of starting with a larger capital and when they lose,they feel like the whole world has collapsed.$20 is quite good and you will be hoping to get a major returns from there. When I started trading,I started with a $50,and it was surprising to me that I lose that money,which took me days to recover from the heartbreak and pains of the lose.When you win after making this kind of investment,it gives you ample opportunity to to invest more than the amount you invested the first time you started,and one thing you have to bare in mind is that lose is part of the game,if you should end up losing,don't think much about it.Anyways I wish you Success on your trading journey.