If that is the only amount you can afford, so be it. As a beginner, we don't need a huge amount to start in fact, this amount is just for trial and testing, and most likely it will just lose. What I just hope is that this could be enough for you to learn about Bitcoin and about crypto investment. Honestly, learning crypto is a little bit expensive but it was worth it.
As you are stepping on crypto, you may have to prepare to lose more money before you will reach your goal and fully understand how this works.
$100, $500, or even more....
Topic: A newbie with 100$ - page 5. (Read 1263 times)
If it's money that you're not looking at immidiate returns, Investing the $100 in Bitcoin is a better option as in long term your money could even double or triple in value you can equally choose to divide the money into two , half on Bitcoin half on ETH the Choice Is Left for you.
Bitcoin is the most reliable cryptocurrency for long term investment. Since it isn't a pump and dump coin and it has an actual utility, you can always believe in its long term sustainability, though i'd not advise people to expect their money to double/triple, of course it can obviously happen, but that could make them expect too much and prolly fall under pressure in the short term if Bitcoin isn't do well at that time. Having said that, remember that diversification isn't investing in two cryptocurrencies, to diversify you'd have to invest in two assets that are intrinsically dissimilar. 
In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Hello! mate If it's actually the money you want to invest and which you're not looking at the immidiate returns, meaning you want to invest for the long term 4 years , 10 years then good, Investing the $100 in Bitcoin would be a better option in my own opinion because according to studies/data shows that every investor who bought Bitcoin and hold for 4 years minimum has always been in a profit. Therefore as you hodl in the long term your money could even double or triple in value. However, you can equally choose to divide the money into two , half on Bitcoin and half on ETH, the choice Is Left for you. 
this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
Even if you know, I used to start trade with $45. Not many money but the most important beginner is learning. How can you do $100K money management if the $100 money is lost in the trade.
It all started as a kid, if you're new then learn. Don't look at the amount of profit, but look at how you can be consistent to always earn money when you trade. So I think it doesn't really matter to the amount of money. So you just focus on studying and practicing, you have to be ready to lose your money.
In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
$100 is a good amount to invest in bitcoin now we are in the bearish market of bitcoin, bitcoin is very cheap and $100 will go a long way if you can hodl for bull market, if you are not desperate and you have made up your mind to hodl it for gonna be a great investment in time to come. If this amount of money is not all the money you have as your savings to invest in bitcoin, then you can go ahead and make your investment if truly you have made up your mind to go for it.
You should be realistic and dont dream that one day these $100 will turn into a million. Even a thousand is questionable. But $100 is a good start and invaluable experience. Just remember, cryptocurrency is all about patience, long term, cold head. Try to think that $100 is an entrance ticked to new world. This $100 will hook you up and force learning new. Who knows, maybe you are a great at making analysis and predictions, maybe you are cool at trading.
It is possible if he will invest first on knowledge. If he just plans to hold it long term, then he should really not expect a huge profit from his $100. But if he learns how to trade and be good at it then his capital will take him far.
So my advice always to newbies is learn first about cryptocurrencies. Set aside first the amount they will invest because once they have the enough knowledge, it won't matter how small or big their capital is.
You should be realistic and dont dream that one day these $100 will turn into a million. Even a thousand is questionable. But $100 is a good start and invaluable experience. Just remember, cryptocurrency is all about patience, long term, cold head. Try to think that $100 is an entrance ticked to new world. This $100 will hook you up and force learning new. Who knows, maybe you are a great at making analysis and predictions, maybe you are cool at trading.
That's right and besides, investing in crypto would take more time before we earn a profit and much more with that small amount. But yeah, as a beginner, we don't need to start with a huge amount, it was just a sort of market trial to test our capability as well on how to manage risk and stress. Just to remind OP that not all investment works so well on the first day, on the first trial...but as we keep on learning, doing research - building such habit will help us to reach our goal and even grow our $100.
You should be realistic and dont dream that one day these $100 will turn into a million. Even a thousand is questionable. But $100 is a good start and invaluable experience. Just remember, cryptocurrency is all about patience, long term, cold head. Try to think that $100 is an entrance ticked to new world. This $100 will hook you up and force learning new. Who knows, maybe you are a great at making analysis and predictions, maybe you are cool at trading.
this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
It is not only about the profit, security should also be considered, but you can go for what you like, altcoins can be more profitable, but there have been so many altcoins in the past as well. Bitcoin was lower than $4000 at some point in 2018, 2019 and 2020, but its price reached all-time-time of $68900 in November 2021. I hope you can see the huge profit gained by the people that invested when its price was $7000. Almost 10x profit. Although some altcoins can increase more but they are more risky as well.
Investing in cryptocurrency has no limit, with 100$ you can also invest in bitcoin, bitcoin is at a suitable cheap price to buy at the time of holding. Accumulating slowly is a good way for those with little capital, this month 100 $ and next month also 100 $...If you try to maintain it, your investment will grow more and more, just you need to persist in buying when the price is cheap and holding and waiting for bitcoin to rise again.
actually Bitcoin buying and selling doesn't have a specific time and limits that you will ascertain before you have to to purchase and hold. While i like cryptocurrency investment, it's an investment you can start up with any amount of capital available at hand, provided that it's above $10 you can have your bitcoin with that. The problem is that Bitcoin should be kept or keep some period of time if really you wants to make profit with it. 
Investing with $100 for beginners is enough but if you choose Bitcoin or Ethereum looking at the difference, of course the results will be very different but I don't know how much you can make from the $100 you used to buy it.
If you say to take the risk then for me just choose bitcoin or both can, the important thing is the money is really cold that has never been used in the near future, you can invest long term and see how much profit the coins bought and You can tell the difference between Bitcoin and Ethereum if you buy both at a 50/50 ratio.
If you say to take the risk then for me just choose bitcoin or both can, the important thing is the money is really cold that has never been used in the near future, you can invest long term and see how much profit the coins bought and You can tell the difference between Bitcoin and Ethereum if you buy both at a 50/50 ratio.
100$ is not big money so I guess that you can go and play with that amount, taking into account the warnings that have been already told.
But, better than telling you to buy this or that coin, to hodl or to daytrade, I would suggest you to learn every day a little bit about this exciting world, because, the more you know, the easier it will be for you to make the best decisions.
But, better than telling you to buy this or that coin, to hodl or to daytrade, I would suggest you to learn every day a little bit about this exciting world, because, the more you know, the easier it will be for you to make the best decisions.
In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Is it on purpose of investment? Trading? Or just holding? If it is trading, it depends on which coin will give you easier price movement and type of trading you want to do (Day trade, scalping, positional, etc.).If it is holding in purpose of investment, you'll not get high profit, but IMO both of these coins has much bright future ahead. If bitcoin is much down recently than ETH price drop, I'll choose bitcoin over it.
Above all, it is advised that you should make some readings first and study it before making this investment. Goodluck!
if you are still a beginner don't think about big profits first. What you need to think about is, how that $100 can become $200 and so on. It means you have to know what you are doing, you have to trade well. This bear market is an opportunity for you to enter lower prices. Ethereum or bitcoin are good choices.
In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
I also want to advice the OP to be careful where he posts this kind of information and who he tells about investing. If you had made this post on a social app that's supposed to have a crypto community like telegram or reddit, most of the responses you will be getting are people who are trying to convince you to invest in one platform or the other. Scammers are like bees to honey, talk like this attract their attention faster than light and you may find yourself losing more than you bargain for. 
In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
Lets say the bear market will soon over and even if we go bullish what are your expected returns ?
Even if ETH goes 2x or 3x from the current price that would give you just $200 or $300.
So now you can ask yourself whether these returns are sufficient for you or not.
If yes, then go ahead with the investment. Besides that $100 is not such a big amount you can very well risk it for the sake of getting involved in crypto.
this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
It's already more like a casino, or you earn $10k from 100 dollars or lose your deposit. But even here there will be a problem with choosing a coin, which is problematic for a beginner. And if you have correctly identified the coin and invested in it, then it will be very difficult to hold it if you have a profit of 500%.
this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
That is really small but can be enough for OP as a starter. That may be the only amount he can afford to lose ( as it was advised). But I don't think the best option is to go for altcoins as for me, having Bitcoin is the best choice to be made for him as a beginner unless he is already knowledgeable in the market. I would say that it doesn't really matter of earning much or not out of $100 but what is important is that he is investing in the top and the most reliable coin on the market.
this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
Investing in cryptocurrency has no limit, with 100$ you can also invest in bitcoin, bitcoin is at a suitable cheap price to buy at the time of holding. Accumulating slowly is a good way for those with little capital, this month 100 $ and next month also 100 $...If you try to maintain it, your investment will grow more and more, just you need to persist in buying when the price is cheap and holding and waiting for bitcoin to rise again.
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