Start somewhere - page 6. | Bitcointalksearch.org

andriarto

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Quote from: LastKiss on November 08, 2021, 05:58:46 AM

Quote from: Rockstarguy on November 05, 2021, 10:59:41 AM

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

Save some money from your salary it will help your capital bigger rather than waiting your investment grow little by little, Don't forget if you use your own money then practice to accept when you lose your money since you lack experience. Always do some research before you invest in some projects to prevent losing your money useless

Therefore, using savings that are not used is better, so that it does not interfere with finances for daily living. Many people make the wrong investment, they are only results oriented and are not ready to lose. Things like this usually trigger panic sells, because capital money is obtained from anywhere

LastKiss

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Quote from: Rockstarguy on November 05, 2021, 10:59:41 AM

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

Save some money from your salary it will help your capital bigger rather than waiting your investment grow little by little, Don't forget if you use your own money then practice to accept when you lose your money since you lack experience. Always do some research before you invest in some projects to prevent losing your money useless

danherbias07

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Most of the time I start with just $50-80 when investing in something. The same goes with my trading hobby before testing the waters.
It cannot always be the training mode with exchanges, you will have to seek your guts to risk something if you want to continue in this field.
Overcoming that thought will make it easier the next time you want to invest again in a different project. A small amount should be enough, usually, greediness is what clouds our judgment to win a trade or an investment.

Hippocrypto

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Quote from: taufik123 on November 07, 2021, 05:19:12 PM

Quote from: Alisha FR on November 06, 2021, 11:02:31 AM

the key is to be consistent. if traders start small I'm sure if they are consistent it will slowly become a big number. trading steps should not start with a big one, if you are new to trading you should do it with a small amount, when we have mastered everything just start with a big one, this is better than not being able to control emotions if the amount is large in trading.

Consistency is really needed. regardless of small capital, consistency to learn how to read the market, learn technical analysis and fundamentals it will be more important for the knowledge needed. Because if only consistency with small capital without learning how to trade properly and correctly it will not develop.
it will grow slowly.
I also started with something small and until now I can even have a large capital to get a bigger profit.

Indeed. It is very important that they should have enough knowledge before starting to trade or even the basic of trading. It is to avoid such losses and to know the risk of it. Starting to trade with a small capital without knowledge about it will surely loss what you invested. If you have knowledge, understand the flow of it even just basic will surely help you grow your capital. Experience also will help you understand more about it.

taufik123

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Quote from: Alisha FR on November 06, 2021, 11:02:31 AM

the key is to be consistent. if traders start small I'm sure if they are consistent it will slowly become a big number. trading steps should not start with a big one, if you are new to trading you should do it with a small amount, when we have mastered everything just start with a big one, this is better than not being able to control emotions if the amount is large in trading.

Consistency is really needed. regardless of small capital, consistency to learn how to read the market, learn technical analysis and fundamentals it will be more important for the knowledge needed. Because if only consistency with small capital without learning how to trade properly and correctly it will not develop.
it will grow slowly.
I also started with something small and until now I can even have a large capital to get a bigger profit.

ningrum

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Quote from: Cling18 on November 07, 2021, 12:22:03 PM

You don't actually have to start with huge capital because it's better to try things out with small funds. What important is your knowledge and basic skills to do trading as a beginner. Learning to trade is a long process of learning and having huge funds in the beginning without enough knowledge would only lead you to regrets and losses.

That is the right decision I think when starting something, especially here in trading using small capital,
we know that in cryptocurrency the risk is big so it's better to start little by little,
that way when we keep trying and learning it will make us gain knowledge and skills which is an important part

Yamifoud

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Quote from: Rockstarguy on November 05, 2021, 10:59:41 AM

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

You may start to invest in learning and after having the basic knowledge, that way to go. But wait, you don't need to invest a huge amount on the first try. You may have to assess yourselves first if you are really prepared enough, investing crypto is risky that it needs not rush though, otherwise you will just fail and frustrate you in the end. And besides, you can fill more on your capital if you are sure about your decision and when you see that you are in good profit.

Fredomago

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Quote from: sana54210 on November 07, 2021, 03:16:22 PM

Quote from: ItsCrafty on November 07, 2021, 01:35:56 PM

It depends on two things mainly, the amount which you are investing is your own or someone else and another thing is that the amount is of no use or your daily use, if these two things were known then it is easy to understand your planning that how can you invest comfortably and which coins would be better for you at the moment.

I have to say when you are dealing with someone else's money then there are two types of people. One of them will be scared even more, while being more risky with your own money it would be silly to be risky with others money and you could end up losing money by doing something like that and it would be very bad business if you lose someone else's money.

The other type of people would be even riskier with someone else's money, if you lose it then it is not yours to worry and would move on like nothing happened. Unfortunately the second type of people make a lot more money because they do not care, and emotions are not a great way to trade so not caring about it usually profits a lot more.

Following you with your statement, the last part is true, there are people who earned more as they are not thinking too much about their investment, they are capable of risking everything in hope that the market will favor them, no emotion but full of trust with their knowledge, the kind of confidence that increase their patience in waiting for the market to pump high.

Those who are worrying that much are mostly the people who lose inside this business. They are being moved by their emotions, without knowing that instead of earning they are burning their initial capital.

Lordhermes

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Trading does not need you to start a capital with huge amount,or it doesn't need you to sell an asset before you can start,all you need do is start up with a little capital,since you are scared of loosing.
Read and research more about trading,and give a try with that little amount,and see how it goes.The experience you have while making your first trading will give you an edge in making your second.

sana54210

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Quote from: ItsCrafty on November 07, 2021, 01:35:56 PM

It depends on two things mainly, the amount which you are investing is your own or someone else and another thing is that the amount is of no use or your daily use, if these two things were known then it is easy to understand your planning that how can you invest comfortably and which coins would be better for you at the moment.

I have to say when you are dealing with someone else's money then there are two types of people. One of them will be scared even more, while being more risky with your own money it would be silly to be risky with others money and you could end up losing money by doing something like that and it would be very bad business if you lose someone else's money.

The other type of people would be even riskier with someone else's money, if you lose it then it is not yours to worry and would move on like nothing happened. Unfortunately the second type of people make a lot more money because they do not care, and emotions are not a great way to trade so not caring about it usually profits a lot more.

ItsCrafty

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It depends on two things mainly, the amount which you are investing is your own or someone else and another thing is that the amount is of no use or your daily use, if these two things were known then it is easy to understand your planning that how can you invest comfortably and which coins would be better for you at the moment.

Cling18

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You don't actually have to start with huge capital because it's better to try things out with small funds. What important is your knowledge and basic skills to do trading as a beginner. Learning to trade is a long process of learning and having huge funds in the beginning without enough knowledge would only lead you to regrets and losses.

SquallLeonhart

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Quote from: Rockstarguy on November 05, 2021, 10:59:41 AM

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

You do not need to bother about your starting point when considering bitcoin investment because bitcoin is predicted to be growing 1000x more in coming years hence it is not too late for you to get into bitcoin investment right away (I mean it might be late but not too late; there are a big differences). If you are considering about buying bitcoin for next few months so that you can book profits around ATH, then this recommendation is not for you. I am talking for the people who plan up for next 5 to 10 years of holding.

Simply for all fundamentally strong investment opportunities, you never need to bother about where you are starting given that you plan for long term holding. This is true for bitcoin investments as well.

Hamphser

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Quote from: ?? on ??

Quote from: martina14 on November 06, 2021, 03:34:48 PM

Quote from: Rockstarguy on November 05, 2021, 10:59:41 AM

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

Therefore in simplest explanation, small capital equal to small profit, Big capital equal to big profit.
But I agreed, as an individual investors or traders here in cryptocurrency business industry small investment is one
of the good thing to start with here until yo grow up little by little as time goes by.

It is true that the amount of capital affects the profits that will be obtained later,
when we talk about cryptocurrencies the risk will always be there,
so I quite agree with you that it's better to start trading or investing it's better to start small

Would really be sensible to make use of small amounts since you are just starting on which you should really be that cautious and trying to observe first on how thing works and not just make out actions

without any minding about the risk because we know on how volatile it is then we would really be finding ourselves in trouble once we do get caught by a dump.Whats next? For sure you would really

be thinking about selling it to avoid more losses but to look upon when you do have experience you would be neither considering on holding and wait for recovery or cut loss manner.

davis196

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Quote from: Rockstarguy on November 05, 2021, 10:59:41 AM

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

Are you talking about long term investing(like buying and hodling BTC) or you are talking about day trading?
Let's assume that you talk about day trading.Starting with little capital won't do the work.
Be prepared to lose money at the beginning.Actually most traders lose all their capital in their first months of trading.Be ready to commit and be ready to lose a lot,before you start making any profits.Be ready to lose even the profits,that you have made from day trading.
Making long term investments with little capital requires lots of patience,because your profits will be very low.I'm not talking about buying a shitcoin and waiting for the price to gain 86,000%. This is not long term investing.The risk/reward ratio in long term investing is usually pretty low.

cheezcarls

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It’s exactly what I have been doing during my early days as a cryptocurrency enthusiast. Although that I am not a day trader, getting started somewhere to know the basics is a great headstart. I simply learn the basics of trading with a small amount of money that I have, and I just keep learning despite the number of losses I have. It’s all part of the experience.

pawanjain

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Nothing lasts forever

Starting to invest in crypto is definitely a hurdle since we have to keep an eagle's eye on our investments so that we don't eat up losses in the beginning.
But losses are inevident in the starting days of our trading journey which is why we should always start small.
Gradually increasing our capital is the right approach once we get our hands on trading and start making profits.
Picking up good coins to start is the most difficult job to begin with. I would always recommend to go for coins from the top 20 in marketcap.
Once we learn to trade well we can go for low cap coins.

TelolettOm

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Many people are confused about where to start and how to start.
That is why we often read about what is the best time to buy? Is this the right time to invest? In what coins should invest?
How long this bullish will last? And many others.
If people are still confused like this, it means that we are not ready yet. We still have no point to join.
That is why the best point o start is learning at first, Learning everything related to the crypto industry.
We may set a target in what time we will start after at least understanding cryptocurrency.
Additionally, it may be not easy to understand and accept the crypto industry., Moreover, if we only think of earning money from crypto, it will be a bad beginning because we will not think also about the risks. Whereas, risks are always here and must be also considered from the starting point.

coinfinger

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Quote from: Rockstarguy on November 05, 2021, 10:59:41 AM

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

I would say putting some money into bitcoin is a good enough start, rest will come. I know it sounds simple, I know that saying "just buy some bitcoin" may not sound like a good idea but the reality is that we are talking about something that is just a simple start, afterwards it is going to get a lot more challenging and complex but for now just start with that.

Eventually buying 10k satoshi will suddenly turn into putting 0.15 btc into leverage or some yield farm that nobody hears about for 3 hours to get the maximum profit and get out. All those things are common in crypto when you get veteran enough and it will be common for everyone that spends enough time around here.

martina14

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Quote from: Rockstarguy on November 05, 2021, 10:59:41 AM

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

Therefore in simplest explanation, small capital equal to small profit, Big capital equal to big profit.
But I agreed, as an individual investors or traders here in cryptocurrency business industry small investment is one
of the good thing to start with here until yo grow up little by little as time goes by.

Topic: Start somewhere - page 6. (Read 795 times)