Topic: The very worst part of an investor or trader that has a low budget. - page 6. (Read 1295 times)

If you miss buying the coin that you ought to buy and the price pumps why will you feel bad, if you feel bad then you should look for a way to get extra funds for next time because it is good for you to buy any coin you want to buy with your extra cash so that the volatile nature of cryptocurrency will not affect your emotions.

You can cut down your expenses and use the extra to buy the coin but the problem is one might think that it is too small but if you continue buying it whenever you have the money, it will pile up bit by bit. You must not be rich before you can buy the coin that you love to buy. Some rich people don't even care about the opportunity that they have to buy crypto because they made money in a traditional way.

With a limited budget even this is not a problem right? When starting with something big it will be difficult, but starting small it will become big.

I think many investors and traders have a limited budget they dare to take risks by doing what they want including investing/trading when they make a profit they will always spare for others or invest again, or you can do DCA starting small right?

Still, rich people will look at coins that increase the bigger the budget, then they can get a bigger profit.

I think this exactly is the kind of missed-opportunity-pain the op meant. You won't make anything close to much, because even buying with  $0.1 the profit won't be of any significant compared to someone who bought with $100 when the price of the token makes a rise from $1 to $5. While the trader with bigger trading amount will conveniently take his profit and exit the market, the other trader with small money will have to be dwelling on patience hoping that the coins rises further but then a reverse could occur and he's left with nothing.

 

We are living in a world on which we do know that not all people born equal specially when it comes to financial status specially on the time or moment that we are already that become independent or into the time that we are already making our own lives. Yes, it do really sucks that you do really like to invest on a coin/token but you cant really be able to do so just because you do lack money and its true that on the time that the said coin have made out some huge pump then you would really be able to have that regret, but if we do really think up carefully that rich people doesnt have a problem then its wrong on which we do really know that on the moment that they would be making out some investment then the risks is really that doubled or tripled or simply basing up on the amount that they are investing. The more money you do invest then the more chances that you do lose up even more.

If you are really that finding yourself into the situation on which you are really that having some problem about capital. Then the best thing to do is to make yourself that profitable with your current low ones.
Compound interest and make good decisions and outcomes of your investment or trades. Time comes that those profits being accumulated then capital of yours would really be that becomes big.
Although it wont really be that too fast to happen but if you are consistent and persevering then you would be able to achieve it out, everything will really be that depending or basing on how profitable
you would be.

The difference between you that have low budget but have been in crypto for long and a person that has money is time. If you have invest $300 in ethereum and solana back in the days, you will be in some profits right now even though the projects are not in the previous all time high because I remember Solana was trading below $7 and ethereum was below $400 when I came into crypto but we didn't invest rather just discuss it and now look at where they are traded today.

The rich people can follow trend anytime because they have money sitting in one corner, they can hop into the market when the market is green and log off again when the market isn't favorable for them and they keep doing this in each bull market and they make tons of money like it's very easy for them but even the poor people can do the same and hence the reason why you should hold, be a diamond hand and make sure you have other means of making money so you don't end up selling them later.

Capital is very important in investment and trading. You can't start without capital. However, someone with limited or relatively small capital can also invest or trade. Success is not determined by how much you get, but you can assess how much the value of the assets you trade or invest in grows. You must adjust your budget to your ability. Never force yourself.
Yes, capital is very important, but in my opinion, good planning is much more important. You can start trading or even investing with any value. However, you have to adjust the circumstances because some coins and exchanges have a minimum purchase.

You need to have a 2nd job. One is for you to support yourself and the second job is for the funds you can use to invest. It's just the only way you can make it as self-made. And maybe one day, you will be better than those rich who just inherit wealth from their parents. It feels better when you are self-made for you can stand proud.

You don't have to invest in all the coins you see that have potential. Just take 2 or 3 of them besides Bitcoin. Don't look at the others after that.

Money is the solution for every problems.

Only few are previlaged to have such cushion of starting with big capital but remaining 90 or 80% of people started small and over the period of time you will eventually turn it to big. And you said in crypto for very long so if you tried to accumulate small amounts every month via DCA then you would be already having decent money under your portfolio instead of blaming that I am not rich or whatever.

There's always some way.

I don’t think it’s the worst part since you are not losing money. You are just missing the profit and that’s all. Worst part is when you invest on a coin that dump significantly which incurs you huge losses.

But what you are describing is just a FOMO feel which is not negative in terms of profit. There’s a lot of token out there that can be a good alternative option for trading instead pf watching the tokens that you don’t have any investment.

Just move on and find other tokens to invest. We have a lot of choices.

What do you mean? people with low budget can buy many coins because we can buy in fraction, you don't have to buy the whole coins/tokens.

Let's say the rich buy $100 per each coins, they buy 1K coins.

If you only have $100, don't worry! you can spread your $100 to 1K coins, so you buy $0.1 per each coins.

You can buy as low as you can in centralized exchange, but I think you're trying to make money as much and as fast as possible, so you think $0.1 will not make you earn much.

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.