Post
Topic
Board Altcoin Discussion
Re: investing a money
by
ekotyo24
on 09/09/2024, 11:33:13 UTC
As everybody said here, it's pretty bold to assume that starting from $5000 is a good idea.  However, everybody has their own metrics of what sum they are okay with to start the investment, that is, for me, I would divide any of the given sums in your post into very small ones, the main portion of the money would go into BTC or ETH (in a needed time), everything else would stay with me or go into the shitcoins (up to $50-100 for each).

It sounds like you have a strategy for diversifying your investment while maintaining a significant portion in more established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Starting with smaller investments in less reliable assets, or "shitcoins," can be a high-risk approach, but it might align with your risk tolerance and investment goals. Just make sure to carefully research and consider the potential volatility and risks associated with smaller or newer cryptocurrencies.