Quote from: I_Anime on Today at 01:00:02 PM

Quote from: cozyman69 on Today at 02:59:13 AM

Quote from: I_Anime on February 17, 2024, 07:19:45 PM

Quote from: vs2014 on February 17, 2024, 03:37:11 PM

It's not really a smart move if you're short on cash and can't afford to take the risk then putting your funds into a high speculative asset is downright risky. Your investment will not always be ideal because if you want to venture into a bullish market, you need to take risks and prepare for it by buying altcoins. A top altcoins will not suddenly sink full but your patience will lead you to the right destination. We invest in crypto only because of profit so having knowledge to pick best time and token is more important.

you actually advising someone with low funds to gamble with the only funds he or she had in investing in a certain shit coin. And don't forget if you have low funds and wanna invest you can try using DCA method to buy little quantities of bitcoin (not necessary you have to start investment with one bitcoin) than to invest in coin with higher risks. Is better invest in bitcoin (which is more safer) with an ensuring profit expecially when it's an long-term investment. As you keep on accumulating with DCA strategies with time you would see your portfolio getting mature and you would also see good evidence that your hard work is paying off. And you can use the remaining percentage of money in covering some expenses (known as emergency funds).

If a person has small amount of funds to invest then I will suggest him to invest in bitcoin as we all know bitcoin is very safe to invest. Since small funds it will be safe to invest in bitcoin instead of investing elsewhere. First invest elsewhere. If he faces loss then he will fall in the first position. So if he wants to earn profit from small funds, he has to choose Bitcoin and invest then he can make more funds from small funds.

exactly yah on the right track, as they say "rome wasn't built in a day" alot of new investors always have that mindset that investment is one kind of getting rich quick scheme.

Who prioritise quick profits at the beginning of an investment will suffer in any investment. The investor must acquire awareness about his investment. Bitcoin is not a get-rich-quick scheme. Here only those who hold their investment for a long period of time can be profitable from Bitcoin. Despite the fact that many were early investors in Bitcoin, they did not gain much from Bitcoin. The main reason for this is that they invested there and sold their bitcoins for a small profit. Those who are long-term holders of Bitcoin will definitely get their desired results from Bitcoin.