Post
Topic
Board Trading Discussion
Re: Too late to start?
by
nlovric
on 19/06/2023, 13:52:52 UTC
Bitcoin is still under $30k and still above $20k, of course it's not too late,
if you are still in doubt, maybe you can buy bitcoins or altcoins by accumulation,
so that the risk is smaller and of course make sure you have to divide your capital and don't buy 100% of bitcoins or altcoins .
It  is not late to invest, the price of the market is still fair to buy to invest. But since he is not very experienced investing it  will be better for him to invest with the amount he can afford to loses. Bitcoin is the most reliable coin for inexperienced people to start with  for investment.  It is not advisable for beginners who are not familiar with the market to consider investing altcoins as a good investment because the risk involved investing altcoins is high.  It is better to stick to bitcoin and get more experience before thinking of investing in other coins.
Fair point. Starting is never too late. People with less investment knowledge should proceed cautiously and take into account how much they can afford to lose. Because it is the most well known and trustworthy cryptocurrency Bitcoin can be a good place for beginners to start. For newbies who are unfamiliar with the market altcoins are less recommended because to their volatility and hazards. Prior to investing in other coins it is advisable to concentrate on getting more knowledge and expertise by investing in bitcoin. This strategy enables a more manageable learning curve and a better understanding of the nuances of the business.