Post
Topic
Board Trading Discussion
Re: The very worst part of an investor or trader that has a low budget.
by
Huppercase
on 02/11/2024, 21:03:37 UTC
I see a lot of people now a days knows about crypto and become interested on it something like they wanted to invest into it and it is so easy for them specially when they have a lot of money they can invest in different coin that they wanted and hold, while we as a crypto lover from a long time ago until present wanted to invest but short on budget has nothing to do with the coins that we wanted to buy,the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit, I'm very confident that you are going to have a story to tell for believing in that particular coin. What many people do with this is that when they don't have mm unto buy coins, they just close eye and invest the money into Bitcoin and lets the market decide there faith, if it's goes up that's fine and if it goes down, it's fine provided you invest something you can afford to lose.

Low ludget also means that you are going to have low risk as well and when you invest huge amount of money into crypto, you will lose more and because altcoins are very volatile, the risk of losing more will likely happen that's why it's good to invest something moderate so you can do a proper risk management until you are conversant with the market to invest large amount of money.