Topic: The very worst part of an investor or trader that has a low budget. - page 4. (Read 1295 times)

You dont need to buy a large amount of the coins as long as you have and hold them for a long term still there's a possible accumulation of profit, now if you think that crypto is for rich people somehow it is because crypto is open for everyone but not for all to those who will enjoy the ride of the market, of course, has the opportunity to buy and now if you don't have a budget that's the challenge to seek another source of income better so you can buy coins you've seen a potential, having a single source of income is not quite enough with the plans. Tons of people doing the DCA strategy at least so they don't worry too much with the market volatility.

Before you decide, you must research and analyze to find the coin. Without that, you will confuse and buy the wrong coin which can make you lost your money. People tempts to buy a low price coin because they are too greedy expecting a big profit in a short time. They don't know that not many low price coin can increase in a short time so they must be very selective. But if they don't want to confuse investing in crypto, they can choose Bitcoin and hold it for some time until the bull run comes. That will relax them from the panic and worry because the market will always volatile.

They should know how to find the right coin to invest so they need to learn about that. They can not just follow other people suggestion without research because investing in crypto or anything will our decision and not because of other people. We can imagine if we don't have much money and we must pick with carefully so we can make a profit later. So that will make us collect much info about the project which can help us to know more and we can decide with right.

I agree that the best coin to invest is Bitcoin so they can start to buy and invest in Bitcoin using DCA method. Many people make a profit from Bitcoin and that is why Bitcoin is the recommended coin to invest for new people.

There is a lower entry point in real estate if you really really want to do it. I do not find real estate a good investment to be fair, but if you really want to, then you could get lands. In this case, you would take out a mortgage or whatever land version is called, and get a land, then pay it up, then sell the land and get another loan and buy a bigger land, and keep growing this way.

You can get land as low as 10% of a house, depending on where the land is, and keep growing this way until you have enough to buy a house. Or you could even grow bigger, have huge lands everywhere, have a portfolio of lands if you want. I know a few people who do it and I feel like we are seeing them growing quite slowly but at least growing.

That is the importance of learning strategies in trading, to be successful in trading you don't always have to have a lot of money, this mindset must be eliminated immediately. Because in trading or investing having little money is not an obstacle as long as we have a steady income or salary. You can start by using the DCA strategy, and I think all investors who have a lot of money also use this strategy very often.

So don't be discouraged if you don't have enough money for trading or investing because there are still strategies to run a plan with little funds. The most important thing in trading or investing is that you must have broad knowledge and insight about crypto in order to be successful, no matter how much money you have. Because in reality having a lot of money without knowledge they will not get success in trading.

What happens to low-budget investors is that expectations may lead them to difficult situations.
When getting profit from their investment with a small budget. of course happy, but there will be a feeling of "if only I invested more, the results would be greater than now". what makes it worse is looking for other sources of funding to strengthen their investment. if successful, then it is a success. but if it is a loss, what can be said?

I agree that investments with large or small funding both have risks. investor understanding is needed in managing their finances well before investing.

Whether someone has a small amount of money to invest or a large amount to invest in the crypto industry, the main point is that the investment should be growing. It is true that those who have a big budget to invest in coins always have greater chances to make big profits than those with a small budget if the project they invested goes well. But, let’s note that just as those who invest large amounts in a coin have the advantage of making huge profits, they also risk losing large sums if they invest in the wrong project or if the market doesn’t go well. So, understand that while big budgets have advantages, they also come with disadvantages.That’s why some experienced people always advise that individuals invest only what they can afford to lose. Whether someone has a big budget or a small one, the best coin to invest in should be Bitcoin, as it helps to limit some of the risks in the crypto industry.

You are correct fingers are not equal, you cannot assume that because this individual invested or traded large sums of money, you will do the same. When you don't have the money he does, people don't rush into cryptocurrency, which is why you can't make a lot of money right away you have to invest in it for a long time before you see any results. Many people began with little sums of money to invest, and when the price of the currency climbed, he most likely received his capital back and profited. So there is no competition in crypto, you should just be patient and focus on your goal. If the person you are dealing with stakes greater and you don't have the same amount of is on, you can stake what you have and if he favour you people,  when he have profit you will definitely get too is just that you won't get as better money like him that put huge money.

That's why I enjoy crypto because it's not like real estate, where you need a certain amount of money to attain it. You can buy any coin for one dollar, and when the price rises, you will profit, but not in the same way than those who invest heavily.

This is something that you should really be putting up into your mind is that you should really be stopping yourself on trying out to compare yourself specially into those who had been on this market for long already.
You would really be that losing up that concentration and would really be lessening out that confidence on every trade or investment decisions you would be making since you've been trying out to chase on what those
old timers are really that doing. If you do find yourself having some issues when it comes to capital then better think not or stressing yourself with it. Not all people will really be that financially capable on the time or moment that they will really be doing up investments or trades. Low budget will really be that not a problem if you are someone whose really that making sustainable trades in the end of the day.

Just be consistent on what you are doing, you might really be that having some problems but doesnt mean that you will really be that stopping or letting it you distracted on what you are currently doing.
On the moment that you are really having some low budget then this is the time that you will really be making most out of it. You might not be able to get it directly but making up some progress should really be your main priority.

I get your point and I kind of agree with you to an extent, but if we're being honest, $0.1 doesn't mean much. How many coins are going to grow so much so that your $1 dollar is going to make you $10? That's like a 900% increase in the coin if I'm not mistaken. How many coins make a 900% increase? Your $1 might not even get you up to $5.
But a person who invest about $100 can make about a $50 profit if there's a $50 increase.

I agree that we should buy what we can afford and not look at what others have. Just focus on earning for yourself and building your wealth little by little. We also have to be careful because not having much doesn't mean we can't lose all too. You can still lose the little you have and be left my nothing. It's a brutal world.
To me, the worst thing is not having the knowledge or having the wrong knowledge in the market. As long as you have the right knowledge and you apply it well and keep learning, with time your income will increase and you'll be able to invest more or trade with more.

Stop looking at what others are doing and concentrate on your situation, if you lack enough money to invest in the market then you need to find the way to secure that money, whether you do this by working another job, reducing your expenses, creating your own business or any combination of the options I mentioned is up to you, but you need to do something, as you gain nothing by looking at what others are doing and lamenting you cannot take the same actions they can take just because you lack the money they have.

All fingers are not equal so I don't know why their will be a problem with starting with a low budget it's not really a deal, their coins that have low price that you can actually start with because it is not a most that you have to invest in bitcoin straight up when you don't have the funds and borrowing to invest is one the lamest thing to do, their safe coins that you can just invest and and eventually when you are build up then you can start investing your desired coin, having multiple invest in coins you can afford is actually a good plan but most people are to concerned with investing in bitcoin, and they know is something they can not afford. Getting a good coin their is a lot of information out their to be able to select a coin that will actually bring you profit also just exactly the way bitcoin will bring you profit.

Yes, this is my opinion too, it is important to allocate a special capital for trading that is separate from your daily or monthly expenses so that you do not have to sell at a loss if you need money.

Sometimes I had to sell at a loss to get some emergency money for daily expenses, so I decided to leave a capital allocated only for trading, in this case if I enter any deal and the price of the coin goes down I will not have to sell at a loss.

Finance has always been a challenge which people go through in trading, and funny enough trading does not generate money for people just like that, atleast one should be able to have a steady source of income to be able to afford money for trading and not to depend in profits from trading to be financially stable. Their is no need going into trading and one finds it very difficult to raise money to start up trading.

 Since money is a major challenge for traders to be consistent with trading I think it is more important for traders to focus on how to get stable source of income, with this one should be able to trade with what they can afford to lose.

I don't see the point in diversifying a small budget into different coins, especially at the initial stages, it's like losing all the coins. If you divide a small budget into several parts, it will still remain a small budget, and even if you somehow manage to find a coin that grows several times, the profit will be small because you only invested a small part in it.

A smart investor will buy bitcoin, and for trading, such people most often allocate only a small part of their funds because they want to try what they are capable of in trading, and while they are learning, they do not want to take risks. In the end, most often everything will come down to the fact that they will see that long-term investing in bitcoin brings more profit than their attempts to trade.

Well, it's undeniable that those who have huge amount of capital have more advantage than those who try to invest with limited budget. Aside that they can't maximize their purchase, their chances to last longer in the market is also slim.

However, I don't think having a low budget is actually that worst. If you can't afford those coins to buy at their high prices, then just wait when their prices dip. It only takes patience to do that, but if you are an aggressive investor, you will definitely feel the pressure when will you're able enough to buy such high-priced coins.

One of the issues that people do have is that we dont really get easily contented on what we do have. Its not bad to be that having those wishes or being inspired by others but dont make yourself comes into a point that you are really that becoming that too optimistic because this will really be leading up into that desperate actions which it will really be causing up loses and the more you do lose then the more you do get impulsive on which this is really that bad for trading. If you are someone whose really that having a low budget then it will really be that understandable that you will really be making out some compounded profits until you will really be seeing your capital becomes bigger on which this could really be achievable but of course it will really depending on how well you do make out some trades.

We arent that born equal on which there would be people who are born into rich family on which there's no problem when they do get their capital and there are those people who do really just simply make use
of the money that came from their day job on which its not something that they could easily make up positions or being careless on every positions that they are making.

There is no reason to assume that everyone is a big investor. We should be content with what we have. I am advised to invest according to the ability I have. So I will never attempt what I cannot achieve. What I understand from your statement is that If any one wanted to invest in one of the coins but could not do so due to lack of money but it may be that the price of that coin has increased. This is a normal picture of the crypto market. If you invest in this situation, you might have profited but it was not possible due to lack of money. There are many of us who would have invested in Bitcoin if they had the money and everyone could have been rich but they didn't do it because of the money even though they knew.

Investments definitely require money. And for those who are small investors, DCA is one of the strategies that a person can use to grow his portfolio and expect higher returns in the long run. We should not expect anything that is not possible for us. By doing DCA for long term we can definitely reach the desired level.

Pretty sure there's no difference really? It's not like people entering crypto now are generally richer than in the past. It's just that there's a LOT more that enters that it seems like it but I'd say there's still a big chunk of people out there who can't make an investment due to lacking funds. Not that I haven't felt the same. Granted I would've fucked it up badly if I had the money really, but nonetheless felt the same frustration with the lack of money.

Well gladly gave up on investing big nowadays anyway. Mostly moving with DCA now.

Of course, If $1 is tradable, I think this is quite helpful from what I have tried before, where there are also exchanges that only allow purchases if the user has a minimum balance of $5 in their trading account. My guess is, with such minimal capital, many are trying their luck by buying meme coins.

However, it is true as you said that the amount of profit obtained is directly proportional to the amount of capital we use.

Actually there is a strategy that we can apply to at least reduce this problem and I also usually apply this. I do DCA bitcoin, that is my main focus, but I also use altcoin as my other investment option. I also don't have as much money as rich people have, I just set aside money from my income.
The strategy I mean is that I do DCA, but I still save fiat money. This is useful, besides I can prepare for something unwanted to happen so as not to interfere with my investment, I can also allocate this for other needs. For example, there is a coin that has good potential, yes we can use our savings to buy it. It may not be a lot of money, but we can use it.