Post
Topic
Board Beginners & Help
Re: Should newbies invest with small capital in BTC
by
Iroh
on 27/09/2023, 00:22:05 UTC

So How Much To Invest??


Like any/all investments, it’s always wise to put in what you can always afford to lose. This applies to both new and experienced individuals.

There isn’t any fixed amount for newbies to invest as income level varies amongst individuals. Some individuals who are new to cryptocurrency tend to get overly optimistic and excited. Sometimes newbies, being ignorant, hasty and perhaps too excited at investing with delusional thoughts of making big profits quickly, put in more than they can afford to lose only to end up losing it to scammers.

To avoid falling into despair, newbies should invest an amount that’s negligible and deemed safe enough. There also won’t be any hurt feelings and regrets later on.