Been in crypto for a bit now not a pro, not rich, just someone who’s been around long enough to make some gains, lose some coins, and facepalm at my own mistakes
If you’re just getting started here are some real advice from someone who’s been through it
- You can buy a tiny bit of BTC
Most of people say now days that bitcoin is only for rich which is a big mistake
You don’t need to buy a whole Bitcoin you can throw in $10 and just learn how sending/receiving works don’t let the price scare you off
Many people think that to start investing in Bitcoin, you need additional knowledge or a lot of money, but this idea is completely wrong. Basically, to start investing in Bitcoin, it is very important to have some basic perspectives as well as a prudent income. Over time, a person can gain complete knowledge about Bitcoin and become more aware of his confidence and cash. By patiently following the right rules, long-term investment plans can be expected to have good things in the future.
We can easily buy Bitcoin through the DCA (dollar
-cost averaging) method, for this you do not need additional money, some specific amount of money and regular investment is very important. To manage long-term investments properly, an emergency fund for three months is required, because we do not know anything specific about the unknown dangers of the future, so it is better to have a special fund to manage long-term investments.
You should always protect yourself from fraudsters, for this it is very important to gain knowledge. People face various financial risks due to greed. By investing too quickly due to greed without knowing or understanding, you end up losing all your money.