Post
Topic
Board Trading Discussion
Re: Is there any point to start trading with 20$?
by
JoyMarsha
on 25/05/2023, 22:34:02 UTC
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.
It's hard to make money, is only those who don't suffer to make money spend it unwisely by getting into trading for fun. Trading is very difficult to start as a beginner. Am yet to see anyone who moves into trading just for fun no matter how wealthy he is. He will try his best to be serious with every move he makes in trading due to it involves money. Not to talk of a beginner who hasn't learned anything about trading before

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?

if you have no trading skills it will be a waste of your time and money. there is nothing wrong if you want to earn money from trading, but you have to start by learning some techniques and also how to choose trading assets. if not your small capital will just disappear without you feeling any advantage.
maybe if you are interested in investing, you can buy Bitcoins consistently with your $ 20 in a certain time interval. so you can have quite a lot of Bitcoin when you are strong enough to hold the asset.
Investing in bitcoin with his $20 is not the best option as it seems due to how expensive bitcoin is. The best step for OP to take is to leave trading for now and channel his energy into finding a good altcoin that is cheap and can also do well in the bull run if he should invest his $20 into the altcoin.

Aside from that, I don't think that the $20 the OP has can yield much profit for him in the future even if it's by trading or buying bitcoin.