Post
Topic
Board Beginners & Help
Re: Should newbies invest with small capital in BTC
by
Asuspawer09
on 26/09/2023, 23:57:50 UTC

Feels good actually to invest and have a saying to have an investment in crypto and not just an ordinary crypto an Apex one to be precise which is way more cooler.

However, there comes a factor to be considered CAPITAL. Capital stands as a major factor to be considered while investing  however coming to the world of crypto and BTC precisely,  I think small capital won't do this considering the current monetary value for BTC.
Remember  the greater the capital the higher the profit and the higher the risk however considering BTC the risk minimal.

So How Much To Invest??

As I've said earlier, investing  little in BTC now won't give you a tangible profit when the profit comes but its advisable to invest 20- 40% of your capital in my opinion .However as a beginner or newbies, you literally know nothing about investing even if you have an idea you are still new to it so it is advisable to start with little amount to understand how the game is being played before considering any percentage  to add in your investment and this should be strictly  done according to your capital.

This is what I think but I know members with investment knowledge and others with more and deep knowledge could have a best saying but according to me this whati have to offer to newbies  though I'm also a beginner Smiley.




Cryptocurrency and Bitcoin are still very risky investments compared to other assets like real states, business, etc. it is probably the riskiest of all since you dont really get anything that is tangible so you might be hoping for nothing since the price projection is just depending on the supply and demand in the market. If you're going to ask me, cryptocurrency investment should be the last investment you should make after you already have the other. For most investors, you should only invest only around 10-20% of your income in cryptocurrency because you could still lose money.

Dollar Cost averaging is already a thing and a good strategy even if you are a newbie but it if thing that you have enough knowledge of Bitcoin and cryptocurrency and know what you are doing, you could already start investing by DCA you could always buy a small amount of Bitcoin every week or month whenever you like to, and start to accumulate Bitcoin, it might not look a big amount but overtime you could accumulate more and probably its also a good opportunity at times like this bear market because you could buy bitcoin while the market price is still low.