Bitcoin Forum

Someone ask me a question after introducing bitcoin to him, if he can start up with $30 and grow with it but I told him bitcoin is wide and high in volume, price and market, that's means whatever you're starting with determine the outcome of the market like for example; if you start with $30 and eventually the market goes up to a little increase of $32 can not be compared with someone who started same time with you, at the rate $100.

So also when the market is down to some extent, the person with $30 may likely loss more because of the money is small. Blockchain has the minimum amount one can invest if am not mistaken but if your amount is too small may be difficult to make easy progress.

What do you think about my advised to him?

Yes, anyone can start a Bitcoin investment with even the least $5 or $10 while using an exchange such as Binance or Remitano. But if you need to have your coin in a non custodial wallet such as "Trust wallet", you need above $20 to cover both transfer fees


No, you are very wrong on this, because the price of Bitcoin always increase or decrease by percentage "%", which means that the profit or lose you could get will be base on your investment capital. That is for example,
If Mr A invest $1000 in Bitcoin and Mr B invest $100 in Bitcoin too, same time, same date, and the price of Bitcoin eventually rose by 5%, that means,
5% of $1000 = $50 (and that's the profit Mr A will be having, i.e $1050 in total)
While,
5% of $100 = $5 (and that's the profit Mr B will be having, i.e $105
And that how it works, et cetera.

No, both person who invested huge and small amount of money will always loss or gain base on the same percentage at every moment, but the only difference is that the higher your capital, the more profit you may stand to get.
That is, if for example

If you invest $100,000 and the price of Bitcoin then increase by 10% after a week, that means you should have made a profit of 10% of $100,000 = $10,000

And same with if you may have invested $10,000 and the price of Bitcoin increase by 10%, that means you should have made a profit of 10% of $10,000 = $1000

Investments can be started with $30 to learn or gain experience. But don't expect to make a profit by investing $30 in a platform like Bitcoin. Because if the market increases a lot by investing with $30, then the amount of profit from that 30 dollars will not have any economic impact on it. 

If he wants to start investing with $30, you can congratulate him for starting and you can tell him to invest $30 as well as to increase the investment when he has money to invest more. If he continues his investment like this, one day he will see that his investment amount has increased and then he can expect profit from his significant investment.

I think if you want you can start investing in Bitcoin $30 is a good start, I invested around $50 for the first time. If someone can't buy much DCA is the best strategy IMO.

Have it in mind that a 30$ investment in Bitcoin either per week or month is for the long term, you can't expect anything back until you've invested a lot so you will be holding your Bitcoin bag for a very long term, if this is still what you want then you can proceed.

The reason why many people with small amounts of money prefer investing in altcoin is that with 30$ invested in altcoin, you can easily make 300$ in months or a few weeks if you are smart at using hype and trends to your advantage.

And they will later use that 300$ gain to invest back into Bitcoin, I have a friend that does these swings between altcoins, and he has used this trick to accumulate a handful number of Bitcoin so far. This is not investment advice for anyone because altcoins are riskier than Bitcoin.

Although there is nothing wrong with someone starting their Bitcoin investment with $30, the reality is that they may not make enough profits that will make them happy . Therefore, it is best to start with a reasonable amount of money that you can afford to lose, or even if you started with small amount, it will help if you keep accumulating with small small amount of money in aim of making good profit.

It is actually a bad idea for beginners to be eager to invest in the bitcoin sector. I'll encourage you to tell the individual you introduce to bitcoin not to be compelled to invest in it right away, but rather to educate themselves first.I can tell that both of you are still new to Bitcoin, but if you weren't, you'd know the answer to this question from the Bitcoin knowledge. So let knowledge be before investment.

This is a misconception that pushes people to invest in shitcoins which are valued in cents. Bitcoin's price being high does not mean investors with lower purchasing power cannot get some. For a start $30 is not a bad value at all, the person is can use that amount to test out the little technical features, trading, wallets and backups, transactions on-chain...

What you are starting with does not determine the outcome if they plan to invest more eventually.

Someone who started with $100 can also not be compared with someone who started with $1,000 or $1,000,000. This does not mean those with lower purchasing power should not get into bitcoin. A 100% increase would double their $30 to $60, a better deal than letting inflation gnaw at it if left in fiat.

You either gain or loss in percentages. 10% of $100 varies from that of $1,000, they are gaining or losing according to their investment.

- Jay -

For a start, they can invest the $30 to observe how the market works, then move ahead to put in more funds into their wallet. I don't see anything wrong if the person feels like $30 is a spare fund for him, it's fine, he won't be sad if he losses it all, so I'll recommend you to advise him to invest more if he feels that his $30 investment wasn't a waste.

Your advice was in knowledgeable and important, at least he wouldn't expect more from his capital. Cryptocurrency is risky and also rewards a trader who open good entries on the market. Starting with $30 is probably he's standard and we should always invest what we can afford to lose, not the other way round. Invest what will drained us once Bitcoin goes against our plans, we start lamenting and look for someone that will helped is probably not the right path. $30 bucks can grow into a big account, only if traded wisely, target the specific time Bitcoin do the pump run and invest in it, $30 can flip to $100 within few days or even more.

I will say yes and no, depends on your situation.

If you only have $30 and you're just a student, don't have any jobs or your salary is $50/month which is low, I'd say it's not worth to invest in Bitcoin because you will not make a good return. It's better if you use that money to learn about new skill to get better job.

But if you're an employment and you get paid at least $200+/month which is an average salary and you have a spare money, you can invest in Bitcoin by DCA-ing.

I don't think it's make sense to hope your $30 will make a good return, you need to pay trading fee and withdrawal fee.

I guess we have to start somewhere else, so for me $30k is good enough for beginners. And then maybe he can start like weekly investing on bitcoin or so some DCA.

And it's better if you would explain that it will take a lot of time and money and of course he should be in for the long term so that he will realized the gain if he is going to buy and HODL and then wait for the eventual bull run in 2024-2025.

I usually don't care too much about the initial capital to start because everyone's economy is different, so start with the money you have, don't compare it with others. But remember one thing, bitcoin is a volatile asset, which means it can increase your capital significantly compared to other investments, but you should not think that you will get rich by investing in bitcoin with $30.

Another cool thing about bitcoin is that you can start with $30 in bitcoin, but if tomorrow, next week, or next month... if you have more money, you can buy anytime. If you stick with that strategy for a few years, the amount of capital you invest in bitcoin will not be small anymore.

In this condition, I think whatever it is actually when it's in bitcoin, actually it's still very good.
But of course the thing that must be understood is actually not the nominal amount that must be thought about, but of course the readiness that we must have with all the risks whether we can afford to be here or not.
On the other hand, the thing that needs to be considered at this time is that everything has a portion, if indeed the nominal is large then indeed the profit portion is also possible to be large and vice versa, it's just that we need to feel aware that being here is not to get rich instantly because something like that is impossible to happen.

One cardinal feature of Bitcoin is that it is non-discriminatory because it allows everybody to invest in the sector. $30 for a start is not a bad idea but he shouldn't expect much from this small investment. I don't know how long it took him to save these funds but with determination, he can do more. I encourage him to keep saving and increase his Bitcoin holding. If he keeps saving and investing, he will be surprised that his investment has grown to a high level. If he shouldn't thinks that his $30 will make him rich overnight because the more you invest the greater the chances of making more profit if the market is favorable.

You advised your friend good, $30 may seems like a low amount for most of people, but for some that is a a lot of money and everyone should invest the amount they feel comfortable with. Starting with smaller amount is even better as that person will have a chance to learn about bitcoin without fear to lose big amount if he do something wrong.




Some people prefer to invest and learn from practice rather than reading for weeks just so he can buy bitcoin. You dont have to be expert in order to invest in bitcoin, basics on how to store and how to send are enough.

 

Your friend can start with $30.

First, $30 is not too big but it is good enough to have an experience, and if he loses it, it is not a big cost.

Second, you should inform your friend that with $30 and a probability that Bitcoin makes a new all time high like $120,000, it will be x4 from today price. If Bitcoin makes it, from $30 initially, your friend will have $120. Will he think it is good?

If possible, your friend should do dollar cost averaging with more additional $30 with many times of DCA in future to increase his portfolio value. Then he will gain bigger profit when Bitcoin makes $120,000.

https://dcabtc.com/

Also please share your experience with DCA to your friend.
I stack bitcoin every week (https://bitcointalk.org/index.php?topic=5447491.0).

Take another approach. See this as a mid / long term investment and if you take that approach, you don't have to deal with volatility. See it as a storage of value. Buy and save it. Buy and save it over and over again. You can do that with apps like Peach or Relai. For instance, instead of putting 50 bucks aside on your bank account, you can make monthly investments with Relai, for instance for those 50 bucks. It will bring you more happiness in the future than hassling now with buying and selling every other day!

There is nothing too small for you to start your journey in cryptocurrency. You can buy Bitcoin as low as $30 and keep buying whenever you have the fund to keep it on a steady peace. We can decided to start as a small investors and we time we can increase our portfolio depending the kind of investor we want to be. There are even some traders that started the cryptocurrency journey with small fund and they are able to increase it with time depending on what they really want from the market.

That depends. Does the person with 30 dollars want to make more money in the near future or does he need the 30 dollars right now for something important, like paying his bills or buying food?

If the 30 dollars are completely unneeded and can be invested then he is wasting time by not buying Bitcoin and letting that Bitcoin sit in his wallet for at least a few years.

Realistically he could see that 30 dollars become 300 dollars within a couple of years. Maybe even less, depending on how well the market is doing and what kind of adoption rate Bitcoin is experiencing.

Either way, not investing in Bitcoin is definitely a lost opportunity, from my perspective. 30 Dollars definitely is not below the minimum amount you can invest.

Yes, that is correct. The amount that someone invests in Bitcoin will affect their potential returns. If someone invests a small amount, such as $30, the potential returns will be limited by the small initial investment. This is because the percentage gains or losses on a small investment are smaller than on a larger investment.

Additionally, the cryptocurrency market is highly volatile, and the value of Bitcoin can fluctuate greatly over short periods of time. When the market is down, the value of the investment will decrease, and the investor may experience a loss. It is important for investors to understand the risks associated with investing in cryptocurrency and to only invest what they can afford to lose.

Finally, it is always recommended to do proper research and seek professional financial advice before making any investment decisions.

That is based on various factors. Considering the current miner fees of 50 cents to 2 bucks per byte that too give and take based on how fast you want the transaction to be executed. Keeping this in mind you can easily own 5-10 bucks without any trouble. Surely, $30 is easy to get started with it.

You can also check up with dollar conversion rate of your country. If you are from fairly good country with equal conversion rate then above rates are just fine for you. If you are having higher conversion value then you can reduce accordingly.

Bitcoin is really something which you can keep buying in chunks that is sats and have bigger investment with the time.

Correct me if wrong, seems $30 is not really worth for investing in Bitcoin on current price because need more higher price later in want earn much profit from OP amount investment. I think $30 is worth for investing in shit coins, however today and last day have hype with ArbDoge coins pump drastically more than 300% without one week.

Today have another coins hype with PEPE coin but not really recommended investing right now on both coins because have reached higher price, I don't recommended without risk when investing in shit coins but have worth and faster profit returning than you invest in Bitcoin with amount $30, its not mistake starting invest in Bitcoin with 30$ but need more patience waiting more than longer time to get profit than investing in shit coins.

There are people who wait long enough and ask if the time is right to invest in Bitcoin. So it’s better to start with a small amount today than to wait for a good hour and never wait. Usually, people who are waiting for the right moment do not dare to investst in Bitcoin. So it's better to start with a small amount today than to wait for a good hour and never wait. Usually, people who are waiting for the right moment do not dare to invest. 30 dollars is not a great amount, but at this time, the owner's motivational impulses become a good psychological factor to continue his investment. In addition, realizing that the amount is not large, the owner has a great opportunity to learn without the risk of large losses, which in the future can lead to the correct distribution of funds.

If that is the only amount that your friend can afford, I should say yes and I won't make him encourage to invest more while he is still learning nor I would compare someone who invested $100. Yes, we all know that investing a huge amount will also gain more but on the other side, they risk more as well.
Besides, it was not advisable to start big when we are empty, if we are consistent on $30 like say weekly, it will be going more and bigger. In fact, we can start at $10, or $20, as long as it was not in debt, we're good to go from small to big.

Do the math OP. 2,5x from here is already a new all time high. How much will we go up in this cycle, by 2025? 3x? 4x? 4x would be 120 000 dollars, so I don't think we're going far beyond that. Some people predict 150, some 200, but even at 150 you're 5x up so your 30 dollars is going to be wort 150. Is 150 a satisfying profit for you? Will this change your life in any way?

You can of course buy bitcoin with $30, just as you can buy it with $10, but that isn't going to make a difference. You'll wait all this time to buy yourself a pair of shoes.

Let's hope that he does not take your advice the wrong way as a discouragement and then decide to want to wait till he has like $100 for him to invest. It is good if he starts with the $30, but it will bad if just leaves the $30 like that without trying to increase it by adding more. Deciding to keep a $30 investment in bitcoins is a big waste of time, but deciding to invest $30 regularly for a period of time in bitcoins will be very profitable. Ensure your friend understands this.

A 30$ start isn't a bad thing already.

I still remember when I started investing into Bitcoin. I started way lesser than your friend (I assume that it's your friend). I invested I think around $20 only to invest into Bitcoin, and I can't forget that time because when I bought it, it was February of 2018, and for those who are into cryptocurrency at that time, or even not you can see what happened on that year. :D

Now with regards to your friend, 30$ is a good start already I would say (I said it because 30$ is a huge money already).

1. Let him continue to add some more. 30$ today, and then X amount next week or after 2 weeks or next month. Let him do Dollar Cost average since it's the safest approach when it comes to cryptocurrency.
2. Say the truth to him. What I mean is that, tell the truth about how Bitcoin's price moves. Tell him as well that Bitcoin isn't a rich-quick scheme like most people are thinking about it.
3. Guide him. Guide him all the way. Guide him to the point that you can feel that he can invest all by himself already. Guide him since I assume that he is still a beginner. There's no harm in guiding somebody, and it's a good thing since you introduced it to somebody which increases adoption.

For an initial step of $ 30 it is also good enough to invest in bitcoin, because investing in bitcoin in the early days what is more important is to gain experience and knowledge first, and for profit it is secondary.
In investing in bitcoin, I suggest you don't have big ambitions first, because that can mess up your concentration in thinking clearly. You can be ambitious, but just enough, just to get excited.
if you want to invest in bitcoin, don't wait to get rich first, but invest what you can afford, so you can feel what it's like to invest from the lowest point to the highest point.

And later all of that will be a very valuable lesson in your bitcoin investment journey. Don't feel like you won't succeed, just because of small capital, keep the spirit and don't give up.

We can start with small capital first to train the mentality that the market will definitely give, never start with big money and you are afraid of losing it, in the bitcoin market there are price fluctuations which will certainly give you panic sell or fomo pressure on things going up That kind of thing is bad in my opinion, even if you start with $ 30 if you do it regularly every week or twice a month or once a month for a year the bitcoins you have will certainly be more, speaking of progress depending on whether you do it consistently or not in doing invest in bitcoin, if you hope that with a capital of $ 30 you can make your finances better I think you are just hallucinating, but it will come true if you do it in 2011.

My advice to you, it's okay for initial capital with $ 30 I think you are better than me, because in the past I started investing in bitcoin less than what you are doing now, as reinforcement from friends who give their views on investing in bitcoin you just need to do it consistently and don't ever think about selling in the near future, investing in bitcoin if you want to reduce the risk is higher by holding it for the long term, especially this year the halving is still far away and you can continue to save in bitcoin or invest in bitcoins to get better progress in your investment in bitcoins until you have enough bitcoins that you have to enjoy the results.

In general I think what you have to say is good advice.
You don't only explain the positive impact, but you also provide an explanation regarding the negative impact.

We cannot foresee what will happen with the market situation. If anyone has invested in Bitcoin at a purchase price much lower than $30K, then they have doubled their profits by now.
Those of us who have just started with a buy price of $29K - $30K still have a chance between losing money and making a profit if the sell price exceeds the current price.

Within 24 hours, Bitcoin experienced a decline in price. For me, the current condition is just a test in the midst of optimism that there will be a higher increase.

You are not wrong because everyone has different views and ways of investing, you don't need to be like anyone else, just be yourself. I also don't have a problem with someone getting started with bitcoin with as little as $30 because everyone's income and economic conditions are different.
But if it were me, I wouldn't invest, and instead, I would start learning everything about the market and try to make more money before investing. Or another solution, I'll invest in shitcoins, the meme craze is back, and I'll try my luck, and of course, I'm willing to lose that $30.

It's a very good start, if this is all he can afford from time to time it's a very good beginning, and in a matter of time your bag will grow, remember that a little drop of water can make a mighty ocean, it will take time but it's doable.

He needs to start learning while accumulating Bitcoin all the way, he also needs to have lots of patience, lower your expectations too because with 30$ investment on Bitcoin, it will look like you aren't getting anywhere.

If Bitcoin becomes double right now you will have 60$ worth of Bitcoin, it's going to take time to start seeing impressive gains so work more on adding the 30$ maybe in every two weeks or so.

Starting of $30 is good though but you can't stop with $30 forever, the investment should be periodic and consistent so let's say someone invest $30 every month on Bitcoin then they can potentially reach the status called rich in long term. But you can't withdraw $30 everytime from exchange cause the withdrawal fee itself will be around 20 to 25 so yoy just have to go with exchange wallet only or else do it via p2p.

 amount invested in Bitcoin now that don't worthwhile especially now that the market is yet to reach a new ATH price. Like you said the market-wide and it's also a roller coaster either. The advice you give the person could push him off the edge if the person doesn't know about the use of DCA.
The market doesn't have a minimum amount you can invest, it was the CEX and some DEX that introduce the minimum amount for their own selfish reason.
In the meantime, you need to teach the person how to secure his/her investment.

Starting investing in bitcoin using $30 is enough for a beginner while he learns more about bitcoin. And it will be even better if he doesn't stop investing and keeps buying more bitcoins in every correction because it will increase his bitcoin amount.

Investing in bitcoin is long-term, so if he can consistently use $30 to invest and do it regularly, that should be enough for him. He could earn huge profits in the future.

As long you can afford to lose that amount in the first place then go for it. There is no ideal amount that you can buy and hold Bitcoin even for just 5 bucks.

Just like in my previous posts, we are not financial or investment advisors here. You just disclose to him that Bitcoin does not offer any promises or astronomical guaranteed returns as the market movement is decided by the buyers and sellers.

The price is very unpredictable and it can go up or down at any moment without warning.

It is better to invest in bitcoin with a long time than with shitcoin, why do you suggest this? This shitcoin has been pumped very high if he enters by investing $ 30 for example then it is the same as suicide because shitcoin will eventually fall and will not get back up, the OP is asking this because he wants to start it so there is no need to suggest on shitcoin you plunged into the wrong coin.

A coin that is being hyped means it is being pumped massively there is a possibility that behind the increase is the manipulation of the people behind so as to attract other investors, and typing high prices and then being dumped then it is a painful thing so don't be tempted because get rich quick in time this instant does not exist purely because after all the investment needs a process.

But if the OP's friend starts on bitcoin then the risk is very low than shitcoin, and he can also accumulate his investment every time when there is extra money.

In my opinion $30 is not enough to invest in Bitcoin. I would suggest using this amount to try transactions and become familiar with setting up fees and other stuffs related to your bitcoin for testing purposes. However, it is not enough of money that would generate a a decent profit in the future. Bitcoin's current price is already around $30k, which is x1000 times the amount your friend intends to invest. Therefore, investing such a small amount would not result in a substantial return on investment in the long run.

I would like to say that even if Bitcoin's price were to increase a lot, let's say to $60k, your friend would only make a profit of $30, which is not a lot to be honest, so just let him think of it like that... I would suggest advising your friend to buy Bitcoin regularly, maybe every week or every 2-weeks. By doing this, he can potentially make a decent profit over the course of a year or more. It's a good idea to allocate a small percentage of his salary for this purpose.

1.  You won't feel it a lot (as there's no impact in your day to day life)
2.  Over time, the investment can hugely grow and you'll be surprised of how much money you'll make from this investment in couple years (only if he's patient and not touching them)

Starting with bitcoin with 30$ is not a bad start, but to get bigger profits and make more money in the future, you need to find a way to replenish your capital. And if you only invest once with only 30$ and want to become rich, then I recommend you give up that intention in the first place. Bitcoin is neither a get-rich-quick tool nor a tool that can get you rich with just a small amount of money. If you want to get rich with just $30, think memecoins, shitcoins.

In terms of percentage, when the market goes down 10%, a person with $300,000 and a person with $30 will both lose 10%. People with lower portfolios will not lose a larger or lesser percentage.


The minimum amount you need is to cover network fees, which are generally less than $0.5-$1 even with medium-high network activity nowadays. Yes, it might be difficult to make progress in terms of market value. That is not the purpose of Bitcoin though. The purpose is to store value and to be able to send instantly, anywhere, any time.


You should be encouraging to buy small amounts that are within his means constantly as an alternative to depositing money into a savings account or a traditional investment like stocks, rather than talking about the market and hinting that "you need more to make more". Focus more about education and purpose rather than the market. The market only validates Bitcoin's value over time, it shouldn't be the sole reason that someone purchases Bitcoin.

That is too little amount to profit from bitcoin. I mean, you can still invest 30$ in bitcoin because there is no limit to invest in bitcoin. But don't expect to make big profits with that little money. If you want big profit with small capital then think shitcoin, but the risk is you can lose that $30 too.

I say this is a perfect amount to start with especially for a beginner. It is low risk and to me sounds like an amount that someone can afford to lose and not get troubled over. I am glad that you pointed out that two possibilities -  Bull and bear market. So the person is going into the bitcoin with the right mindset. I was hoping to read that you also explained the part of how he should keep his coins secured after purchase by using a secure digital wallet. Well, I guess you'd still bring that up with him.

Very bad advise in my opinion. You can buy as little as you want, you're pretty much scaring your friend away from bitcoin, that's really the worst thing to can do to someone. It would have been way better explain how bitcoin works and telling him to buy a small amount to get used to all the process involved: exchange registration, how to withdraw, how to save the seed, what wallet to use, etc etc.

You can invest on bitcoin with any amount,you don't need to be rich or have so much before you can invest. $30 is a good start to use for the purchase of bitcoin. I hope that you told him the basic concept of bitcoin and that it is not a get rich quick investment. I guess you didn't, you only told him about making profit and that was why he asked you this question.

The purpose of bitcoin is to be used as an alternative method of payment, for it to bypass authorities by using P2P payment system. Making profit from bitcoin shouldn't be what we are to tell newbies because they might be mislead with the anxiety of making big money from bitcoin,which they might end up being disappointed at the end of the day.

Tell him he can invest with $30 but he needs to keep on buying more bitcoin regular if he can,and if he can't let him not border about the profit and think on how to keep his investment for a long term. What matters is that he will have bitcoin investment,which has made him part of the bitcoin community.

First, as a bitcoiner who teaches people about bitcoin, if you had such question the best you could answer them is to say "Yes" because to me whatever investment you make or do is subjected to what the results may be. Let say for instance, if someone invested with a sum of $30 @27k per bitcoin and the price increases to $50k per bitcoin.
This is to say:-
$30 BTC at $27k is ~0.0011BTC
Then bitcoin increases to $50k x 0.0011 = $55 (~0.00203BTC) which is ~25 percent profits of his investment, the increase is very much encouraging and is worth investing depending on the risk level of the individuals. Meaning if they could accepts the risk to invest more than that then the could get the increase as well when the markets seems to be good.
 

Why not? This amount is enough to learn how to use Bitcoin at least in wallets. Learn how to create transactions and move your Satoshi. And a little later, you can systematically replenish your wallet and continue to make savings, and in a year or two the result will pleasantly surprise you, I have no doubts about this.

A $30 bitcoin investment is huge for a newbie. If he starts investing with many dollars of Bitcoin in the first place and if he loses there, his confidence in his investment will be lost and hatred will come. Even though his small $30 investment won't bring any profit, I'd say this $30 investment to learn will teach him a much bigger investment lesson. But I applaud his decision. He should invest slowly from here and become a very big investor.

I don't think it is enough but it is good for starting investing in bitcoin. Later the amount can be increased time to time but if you really want to start with bitcoin any amount is good unless you can cover the fees of transaction.

It is true that 30 dollar is a small amount for investing on bitcoin but I think it is still worthable. In my opinion I think for the beginning of trading or testing I think 10 dollar usd can be also worth . But in this case if anyone invest that much amount on Bitcoin then the profit will also come as the value very likely so small. But for those who are new to trading, my suggestion would be to start with a small amount of investment Since there can be a lot of mistakes from the beginning, it is better not to go for the first big fund investment, but if one wants to make a bitcoin investment for the purpose of earning good profit, then he must raise the fund.

In my opinion, yes. And I know a lot of people will agree with me. A good amount of people in this forum started with "laughable" amounts of savings when we started investing in bitcoin. It only boiled down on how long we're willing to hold the coin for a better profit potential, as well as how much are we willing to put into our initial investment to further increase our potential profits. Honestly speaking, $30 dollars in today's bitcoin economy wouldn't really do you much, so you're better off learning about DCA (Dollar Cost Averaging) to maximize your profit potential. It's not that hard to learn anyway. And DCA, when done on a coin with a positive uptrend like bitcoin, will always guarantee you bigger profits.

For someone who just wants to start trying to invest in Bitcoin, of course, $30 I don't think is wrong. I think for some people in countries that have a lower fiat value, $ 30 is quite large.
But you are right if we only expect $30 of course it will take a very long time to get a big profit for investing in Bitcoin.
Maybe if he is interested and wants to continue you should be able to encourage and help him to introduce more knowledge about Bitcoins. Even though there is a high risk, in my opinion we should be able to see good opportunities and follow existing developments such as investing in Bitcoin.
The most important thing, in my opinion, is that he can increase his previous knowledge about investing in Bitcoin, for the matter of investing capital it can be improved over time.
Indirectly he already knows Bitcoin through your explanation, even though he still knows a little about Bitcoin I only hope that in the future he will not be among those who regret it like most people who already know Bitcoin but don't immediately invest in it and it turns out that Bitcoin increases in value over time.

A $30 can be  use for starting up Bitcoin specially to the people who are new in investing. They could use to gain and learn more experience to see  the market flow. With this $30 they could experience the volatility of the market it's either they will gain or loss. They are lucky if they will gain immediately and if that happens they should sell it on a high price and then invest again at a lower price. With that experience they will realize that the $30 investment is not enough to earn more profits. 

Bitcoin is more of a way of life.

Think about it as savings, is it worth saving $30 today? If yes, then Bitcoin would be a better instrument to store that value than just the cash.

If you use it to learn how to use bitcoin then I think it's a perfect fit. But for only $30, and you expect the unexpected to happen in 2 years is the paranoia that I will tell you that will never happen. Even if you keep it for 10 years or more, $30 is just a small amount, and you can't expect to get rich with such a small amount.

It does not help him much instead you made him think to invest huge amount in one go.  It is ok to start with $30  and accumulate from there.  You should have mentioned the term dollar cost averaging  or DCA in order for him not to misinterpret your suggestion as persuading him to invest huge amount of money.

Accumulating and buying Bitcoin regularly can help minimize the strain of buying BTC.  Even though with little amount, the accumulation done in long term will end up in bigger stash of BTC with less financial pressure.  Just like how a drop of water fill a huge container as time pass by.

Of course. Any amount of money is a good beginning. If you want to succeed just keep investing USD in bitcoin in small parts periodically (DCA) and someday you will have a lot of money in BTC. Consistency is very important here.

And remember, don't invest more than you can afford to lose.

When we first start investing, we don't need too much money, and 30$ for me is enough for a beginner. Let's start with the minimum capital to limit risk as well as use it to experience the market. But if you want to make more profit, want to become rich, you need some capital more than that $30 many times over. I mean, buy more bitcoins whenever you have more finance to invest. That way, and if you can accumulate bitcoins for a long time, your bitcoin holdings will increase significantly, and your profits will also be huge.

Good, but you forget to tell him about a patient. I am not sure he can't survive if the Bitcoin price dump suddenly and make his investment from $30 to $15. yes, it's happened to me with my brother when direct him to buy bitcoin on 2021, he was very enthusiastic before and bought Bitcoin with his savings. but in November 2022 he was panic after his investment down significantly to 50% and sold all bitcoin at the same time. Today he very regrets, and with his experience, he doesn't want to buy bitcoin again.

An initial investment of $30 can be a good start. It is especially useful for learning. Any investment is always good. Now you can afford to invest with 30 dollars so I don't see any backtracking here you can go ahead with your investment.

Investing is not just about getting information, investing must be put into action. Now start investing with $30 then increase your investment amount little by little.  When you have more money, you invest that money directly in bitcoins. Thus, if you invest from the beginning and add investments periodically with that initial investment, you will eventually see that your investment amount has increased a lot. Welcome to this small start.

People do not actually "invest" in Bitcoin.... but they rather buy some Bitcoin to "use" or to hoard until the price increase and then to sell at a profit. It is a lot like "cash" ...with the difference that it is not widely accepted yet, but that can change soon.

You can buy any amount of Bitcoin, depending on what exchange you use, because many of these exchanges have minimum deposit limits, but if you can buy from someone else, then you can basically buy $1 worth of Bitcoin.... but the fees will not make it worth it. (If you want to buy lower amounts, I will suggest that you use the Lightning Network)  ;)

We can start bitcoin investment at any level base on our financial strength or capacity, we should also be mindful that it doesn't ended with investing alone, but we must safeguard our asset against any form of attacks to help us prevent loss, we also need to take caution with how we handles the security of our assets, the exchange we use and wallet type that help store our bitcoin whenever we are holding them for long.

There is always an advice on any investment which is always invest what you can afford or what your hands can get you. Bitcoin investment doesn't need to start with huge capitals like 1000 $ or more but its good if one can start with such because that will determine the capital you are going to get if actually the starts to pump but if its a 30$ investment you can always top it up with DCA investment strategy because it will reduce the stress of calculating how to get huge capital, you can easily just buy whenever there is little money to add up the investment capital and before you will realise the capital investment will have grown enough to be satisfied with.

You still might call that investment, it mostly depends on what exactly a person wants to do with Bitcoin. Especially if, as you said, to sell it at a profit.

Determination and discipline is what keeps me going in the market, I've encountered several losses but always get back to my heel before I have a target I need to achieved. There are traders that believe that they need hugh funds before they can be successful in trading, but the main factor is to start small, and watch our accounts flipped to bigger size. $30 can be flipped into a grand depending on the trading strategy used and we ought to know the basis of the market before trading. We should take preventive measures inother to escape any sort of losses, because the market always goes against our mapping and if there's no presence of tight stop loss, liquidation occurs.

If someone decides to buy Bitcoin with a small amount like $30, it is advisable to guide them in learning how Bitcoin works. This way, they will know how to gain profits when the market is bullish without worrying too much about losing the $30. In addition, some important lessons like financial management, risk management, investment strategies, and other financial knowledge should also be learned by an investor. To avoid overwhelming the mind, the knowledge can be given little by little.

Aside from understanding how Bitcoin works and its technology, learning technical and fundamental analysis is also crucial to maximizing profits when investing in Bitcoin. From these lessons, people will start thinking about how they can invest with a larger capital and whether Bitcoin is suitable for them or not.

$30 is not a lot of money although it's not bad for a starting capital for a newbie that is still learning. Sooner or later, that person will be knowledgeable enough and knows what is next for him. Is he going to add little by little or is it better to start a simple business in real life with a small capital?

But if that person only has $30 as his only savings, then better to tell him to start looking for another source of income because $30 is not going to make him rich. Maybe you can tell him the potential earning of leverage trading and he might get interested and study thoroughly how to profit from it. But it is indeed very very risky, especially for a newbie.

If you are investing a small amount of $30 in Bitcoin your chances of gains profit might be limited as compared to someone who invests more $100. Also if the market goes down you lose more money with a smaller investment. The blockchain platforms may have minimum investment requirements so it could be challenging to make effective progress with a very small amount of money. It is important to understand the risks and limitations of investing in Bitcoin with a small amount of money. but overall you get an experience by investing in bitcoin.

You could totally get started with just 30$ or even as little as 5$, I think majority of us here have all started with less than 100$ at somepoint. What is important though is don’t get discouraged when your 30$ don’t turn into 30000$ overnight. Bitcoin few years ago was so different and versatile compared to what it is today. Goodluck and wish you the very to get started  :)

I think it does not matter what is the amount of investment in the start, because an investment is already a huge step towards profit. I think that the smaller investment is, the easier it will be to hold it. A person wont be worried much about price changes during first years. Small investment only can cause small difficulties, such as transaction fees. For example if a person buy $5 Bitcoin on an exchange or directly in a wallet, transaction fee can take half of his investment.

Do not be confused with investing in bitcoin and saying that one has a minimum amount to invest in blockchain. We can invest in bitcoin but blockchain is tech behind bitcoin. Although technically speaking we're also investing in blockchain as bitcoin per se but IMHO, it's better to separate the two.

It's okay to start small, everyone started small until it became bigger. As a newbie, $30 is a worth it investment for him and that's a good initiative and start already.

Let him enjoy the ride and let him decide if he's up to the challenge of bitcoin's volatility and have him want more eventually.

If this is not the last $30, with which he hopes to improve his financial situation through bitcoin, but just a small amount that he does not mind spending out of interest, then it is quite normal to start with such a small amount. When it's not just an abstract bitcoin, but some amount of satoshi in your own address, learning about bitcoin becomes much more exciting. More expectations that he will understand this in more depth and detail. So I think it's a great start: on the one hand, he won't be too upset when a bearish trend, and on the other hand, it's enough to generate interest.

If he plans to invest in bitcoin using $30 each time, that is a good plan, especially if he can regularly invest once a week, fortnightly or once a month.
It will increase the number of bitcoins every time he buys bitcoins at a time of price decline or correction and he can also get a decent profit when the bitcoin price increases.
But if he only buys bitcoins for $ 30 and that's just one time, I think the profit will not be too big compared to the method above.
You can advise him to buy bitcoins at every price correction because the price decreases and every purchase can get him more.

Your advice seems reasonable. It is important to understand that the cryptocurrency market is highly volatile and unpredictable, and the amount of money you invest can greatly affect your potential gains or losses.

Starting with a small amount like $30 may limit your ability to make significant progress, but it is still possible to invest in cryptocurrency with a small amount of money. It is important to do your research and understand the risks involved before investing any amount of money in cryptocurrency.

There is no problem with starting with small amount of money but make sure that you will have an average level of expectation because there are some beginners out there who thinking what they will buy in the future after they make profit from their $20 investment. This is the kind of situtation that we should avoid, there is no problem on starting a money $100 or below and the only problem that I saw is high expectation of the people from their small investment. Remember that in investing world, you are using your money to create more money meaning that the rewards that you have depends on what you put.

My suggestion is start small, build slowly with consistency then if you have spare money put it in your investment wallet if you want to reap the rewards in the future. In this way you can build your portfolio and you can maximize the rewards because your capital is increasing. Also be aware that you should manage your risk very well and always check your psychology because it is the one who helps you to make decision that can help you to achieve your financial goals.

You don't make too much sense. If Bitcoin drops by 10%, you lose 10% of the value of your coins, so despite the amount you're holding, $100, you lose $10 in value. How does that alter when the amount is different? Same thing goes for when it rises in value. It's actually the opposite of what you said—you don't actually lose much on small amounts, but you can't gain much in profit either. There's no reason to have a minimum limit on blockchain purchases; nor is it possible; exchanges already have a minimum purchase. Starting small is fine, but you can't expect to achieve great results by acquiring $30 worth of bitcoin every month.

Depending on the circumstance, I will either reply yes or no. If you only have $30, are a full-time student, have no other income, or make a meager $50 per month, I wouldn't recommend investing in bitcoin because you won't see a good return. Better still, put that money toward developing new skills that will help you land a better career. I don't think it makes sense to bet $30 that you'll get a high return because you have to pay withdrawal and trading fees.

No, I think you took it wrong, in the loss scenario because when you enter the market with less money you book profit and loss according to the volume of your capital money, Unlike you said, "the person with $30 may likely loss more". For your convenience, let's take an example if you or your friend invested $30 dollars in BTC for the long term (bought at current price) which makes your BTC of around. 0.0010 BTC. Let's say in the long run BTC touches ATH of $100,000 in a few months then your friend will make a profit of $70 dollars on $30 dollars (total $100 dollars). Which i think is just too less because i am not seeing BTC to touch its ATH in this year, maybe it will set its ATH in the next 4 years' cycle halving maybe.

While, let's say BTC went to $10,000 dollars in the month then your friend will take a loss of $20 dollars, but still, one thing is confirmed in spot trading of BTC, That your friend will not lose his/her all capital because chances of going BTC to 10,000$ are so impossible But this is crypto which is the name of volatility. I will advise him to use those $30 dollars in future trading but I personally do not perform future trading and also do not recommend others because it's so risky, But he can start spot trading (day trading or swing trading) by making an entry in the market when the right time will come. Like, he should wait for the right time, even if he has to wait for days, because without a future, and less money only the right time strategy will do the work.

As with people who are trying to make investment turnover at relatively low numbers some of them are looking for investment knowledge and experience, starting with $ 30 is indeed a good start and more appropriate later they can continue to put aside a little to try to increase and this may be a follow-up when he has started to invest, although in a small quantity we feel is a good start for him to start with.

you probably didn’t understand what I wrote. I wrote further that he needs to replenish his wallet further and not continue to keep the same amount. It’s also clear that if you have only $ 30, then in two years his balance will not grow much .Therefore, you need to replenish by more significant amounts, if possible, in order to increase your capital.

For 30$ he can start trading in crypto. It's just that the process of its growth takes a long time and it depends on the idea and knowledge that he has for it.

Unless he is deeply experienced in this crypto trading dude, but if this is a newbie, maybe that is good as an introduction and training in trading here. Because you know that trading in this field is not really that easy to say that you can grow your capital immediately, of course, that is not the case because the market here is unpredictable and that is because of volatility.

Bitcoin's beauty lies in its ability to allow you to purchase some sats, regardless of how much one BTC is worth. but when it comes to the term of investment strategy, it is challenging to earn significant profits unless you acquire a considerable amount of BTC especially as the current price of BTC is so high, it may be difficult for an average person to afford it.

What I will advise your friend to do is that, he should try and increase the money to $100 even if he is not financially capable, it may be too small for some people but I think that is reasonable enough for some good profits when Bitcoin goes up in value and since BTC is more safer than altcoins, I will prefer he sticks to Bitcoin with his small amount and gains something tomorrow than lose everything on shitcoins.

I don't think this is right. Anyone can start their journey at any amount of money with Bitcoin. But they need to have the will to hodl for a long time. Yes, the market is facing some tough time. But it will be back to its former glory again. If they have the right mindset to think like this, then they are good to go with any amount of money. Also they can add to the investment little by little.
So I guess you need to know a bit too. This is just what I think. You can have your own opinion. And I respect that too. But you need to start your journey. And many advice that you start low and work your way up to the leaderboard. So your advice has some flaws.

Is this a serious question? Cmon guys, bitcoin is a hot thing right now with a huge market capitalization, how can one expect to see dramatic gains via such a small amount of money? It's not 2010, it's not 2016, it's 2023. Even the 2020 year was nothing special for bitcoin in terms of % gains and with such a huge market capitalization and with such a huge price, I hope your friend doesn't think that he will turn his $30 into $30 000 with the help of bitcoin.
Never chase a hot thing, once something gets super popular, that's not that much profitable anymore! Altcoins have potential, for example coin called Matic had a dramatic progress in 2020, it easily gained more than 100x of it's first price.

Well, you are wrong, and this is because your advice is not clear enough, and also not exactly the truth.

And simple, yet a straight forward self explanatory advice would have been "the more money invested, the more profit you make if you assets increased in price, likewise, the more money you are likely to lose if the price of the asset drops", but also remember that even if the asset price drops, you are not in lose, until you sell, this simply means that, as long as you keep holding, there is always a chance that the asset price will recover and yield profit for the holdler.

More money invested in bitcoin will mean more supposed loss, if the price of bitcoin drops,
So also, more money invested in bitcoin will mean more profit, if the price of bitcoin increases.

The simple answer is yes.
One can start his or her cryptocurrency or maybe Bitcoin journey with relatively a very small capital as low as 5 dollar on centralized exchanges but I don't think that will be possible on decentralized wallets that might require upto 10 or be 20 dollars inclusive of the transaction fees and maybe some hidden charges but he shouldn't be expecting to make same profits as that of someone with a much more higher profit.

I agree with the more profit but I think someone with a relatively small capital might easily get liquidated than some with a much more higher capital if the price drops.

Well, @OP had stated that his friend won't get a huge profit from his investment unless he allocated bigger funds.  But for a starter, a $30 as initial amount to buy Bitcoin isn't a bad move especially when the plan is to accumulate or DCA Bitcoin while waiting for the market to surge or planning to buy Bitcoin continuously for two halving events.


The thing is Bitcoin market is cyclical, so it is a waste to take advantage of the Bitcoin market opportunity when it opens a window for market entry.  Aside from that, although Bitcoin is a hot thing, its market and industry is still young and has a lot of room to grow.  Saying that, ignoring Bitcoin because it is currently a hot thing is like wasting profitable opportunity.  I can get your point but Bitcoin market is very different from shitcoin market.  Shitcoin market tends to get hot then dump to oblivion.  Bitcoin market is not like that.

Initially, the amount of your investment isn't crucial, even if it's less than $30. Becoming a Bitcoin investor doesn't require a specific amount to be invested. The key point is that investing a small amount can enable you to gain knowledge about Bitcoin. Once you understand how Bitcoin works and how effortless it is to transfer funds without a third party, you may feel inspired. If someone asks you about Bitcoin, it's advisable to encourage them to learn more about it.

What you need to remember friends is that you don't have to be rich to invest in Bitcoin or other digital assets. As a decentralized type of asset, Bitcoin gives your friends from various backgrounds the opportunity to participate regardless of their capital. However, it is important to remember that investing in Bitcoin, like investing in any other type of asset, carries risks and must be undertaken with caution. With a capital of $ 30 I think it's good to do with DCA ie pay in installments every week or month if he has more capital.

Because Bitcoin was not designed for get-rich-quick investment purposes. Instead, the main purpose of Bitcoin is as a decentralized and secure alternative payment method. However, investing in Bitcoin can provide significant profit potential in the long term, especially if your friend is willing to stick with his investment for a long period of time.

So, to answer your friend's question about investing in Bitcoin with small capital, I would advise him to consider factors such as risk and investment goals before deciding to invest in Bitcoin. In addition, I will emphasize the importance of conducting research and developments regarding Bitcoin, as well as investment strategies that can help increase the chances of long-term profits.

Your advice is good but you need to consider his level of understanding as regarding cryptocurrency and Blockchain, this is to avoid loosing beyond what he can afford as a newbie. First time investors tend to fomo when the price is going down. Starting with a money he can afford to loose can put him on the part to understanding the concept, working mechanism and the dynamism of the crypto market. As first time investor, his goal should not be profit oriented. From point of view, I suggest he start that amount of money to learn, after gaining knowledge he can proceed to invest with hundreds to thousands of money. 

I have come and cross these questions from my friends that I told about Bitcoin investment and trading and other alt-coins, which is simply means the higher the amount of money you invest and the higher of the profits return, like wise the anticlockwise part, that of the market after buying and the market dip, that is how the lost. Therefore entry point matter a lot in cryptocurrency trading or investment.

This is a pretty good point, actually it doesn't really matter how much you can afford to invest, but the bigger the investment, the more likely the condition is that the bigger the profit you will get.
But in this case for beginners it seems quite clear that being at the starting point where to start is quite good because the first thing you see is not the advantages but experience and of course with that you can have something new to learn further.

Hey mate, I think your response or answer to your friend is not really fair. As we all know bitcoin  price increases and  decreases by percentage and therefore whatever every investment one puts in is multiplied by the number f percentage increase in bitcoin price likewise when in decline.

Crypto market is a kind of market investment where by when one invest more or higher, the profit in waiting When the market goes up increases too same when the market goes in decline the losses too replicate itself with the volume of the investment. Just as @fivestar4evermvp has explained so it is.

Anyone can start to invest in Bitcoin at any amount, depending on the person if they want more profit in the next bull run then they should start with decent capital. As long as you use your money that you can afford to lose then any amount is acceptable, never invest in crypto if you're got in FOMO or just following your best friends since the risks here is really big and you should do some research too. 

It would really be just common sense that if you do invest small then dont expect that increase or gains would be big.It would really be that subjective into the amount which you are really that investing.
We know that the bigger the better but of course it would be depending on the risks which you could involved on because we know that there's no assurance when it comes to investment plus we do
have that so called risks involved which is something that we do really need ourselves to be aware and be accepting since in the first place. This is why it would really be varying and depending
on how much you do invest on.You would be finding for yourself on how fast or slow you would be gaining or losing.

Even $10 invested into bitcoin will bring profit. All that required is the patience and the understanding about the market. People have difference of opinion. One should not consider it an investment to be rich. It needs to be prioritised as an investment for the future. Depending on the amount invested will be the profit. Majority of the people have suggested to go with the DCA technique. This is quite good, because unlike the amount spend and the price of bitcoin we were able to buy Bitcoin at an average price. One thing to be noted, should not buy for $30 and leave it. Continue to buy at regular time interval.

We can start to invest in Bitcoin with any amount of money we want and is something that don't have a fixed price for one to start. There are people that started investing in Bitcoin with $10 and with time there portfolio increase and more money was invested in the coin they like or want to get. Just like trading, we can trade with  any amount that we want depending on the exchange that are supporting it. We need to know many things about where we tend to buy or keep our money.
We should also make sure we keep our money save from people that might want to take advantage of us.

Basically, any value is applicable when starting an investment in BTC. Due to its price volatility, its price may either skyrocket or drop depending on several factors both intrinsically and extrinsically. Though some investors prefer to HODL their BTCs in order to maximize the potential gain at the end.

If a person is starting with $30 worth of BTC investment, I do recommend investing it for short-term and cashing it out as soon as the price increases and he is able to recover his initial investment. From there, he can re-invest the amount and take advantage of its price for more gains in the future.

If a friend asked me how much he should invest in bitcoins for his first investment I would tell him to use as much money as he can afford to lose. 30 USD would be better than 10 USD, and 100 USD would be better than 30. It all comes down to his financial situation and what free money he has available. The best situation to buy bitcoins would be to make constant purchases every month of 50 or 100 USD at least. Another important thing is to remain realistic about the future growth of Bitcoins. When you buy only 30 USD it's not like you expect to make a profit of 50 USD in a few weeks. The times of making high returns overnight are over.

If your friend doesn't have any idea to Bitcoin I guess $30 is a good start for him. Let him explore first and be familiarize on how Bitcoin works of course he should have prior knowledge first. Because it's easy to enter the market in any amount, but it will get easily liquidated if he don't have background into Bitcoin. Any amount is a good investment but of course with that amount it will take a long time of process for you to earn a huge amount of profit. That's fine you don't have to rush yourself you could take your time with a slow phase.

Yeah, I think it's fine to use $30 to simply start to understand how Bitcoin works, how to get it, transfer, etc.

Of course it won't matter too much in terms of capital gains, but it would be a game changer in the sense of getting real world experience of Bitcoin.

Frankly, starting with $30 can only help you understand how bitcoin works and acquaint you with some basics like receiving and transferring bitcoins. In terms of returns, I don't think it's a good start. You can't expect to make huge profits with just 30$, bitcoin is not a pump and dump game like shitcoin, not a vehicle to get rich quickly with small capital. If 10 years ago, that amount of capital was indeed a good start to hold bitcoin, but now the price is high, with that small amount of capital, it is difficult to do a miracle.

I like your advice very much especially I think it is best to start small to invest in Bitcoin. For example, if a new investor buys Bitcoin, he must know about the future and past of Bitcoin. If a person is interested in investing his little money in Bitcoin then it is a very good venture for him. And later when the bitcoin market will increase, he will get some profit from his small money and will be more interested to invest his bitcoin later.so I think it is best to invest small and later increase the profit of his investment little by little, he can definitely earn good profit.

I disagree that the lower the capital in your investment, the more the loss. Because the greater your profit, the greater your loss if the price falls in the opposite direction.

For example, if you have $100 in capital and profit $30 from a 30% increase in price, you will also lose $30 if the price falls 30%. So, if your capital is $30, you will undoubtedly gain less if it rises, and you will lose less if it falls. Based on my experience with Binance, the minimum trade size is $10USDT. And $30 is more than the bare minimum. I'm not sure what the minimum is on other exchanges.

So, depending on your vision and ambitions, $30 can be a suitable starting point for investing. Some people take it as a challenge in the hopes of increasing their investment if it succeeds.

Yes, of course.

But starting now with that $30 will put their attention in the right place.

And that will means that their mind will be in the right place, and they will be able to get more Bitcoin in the future.

If they don't use those $30 for Bitcoin time will just pass and they will never put their attention into what's relevant.

The cool thing about Bitcoin is that you can invest virtually any amount. $30 is not too bad. If you can afford to invest $30 regularly (DCA), like for example every week, you can reach decent results. Of course, a single $30 investment won't take you anywhere far.

Honestly, it's too small an amount to invest, and you can't expect you can make tens of thousands of dollars with just $30, bitcoin doesn't provide that feature for you. If you want to become rich with bitcoin, other than you have to have a large amount of capital, you have no other way.

That's when leverage kicks in. And it is an advantage of cryptocurrency because it is easily accessible on different platforms such as centralized exchanges like binance. With his $30 he can leverage it into 2x-100x and make a grandeur return. HOWEVER. Leverage is a double edge sword. As much as it is fast to double your money, it is also fast of taking your funds away from you. Your funds can be gone or can be multiplied in seconds. There is no restrictions. Only you set your own rules. That is why most fail


.

Or instead, one can buy and hold. Investing incrementally over a series of times. Little by little, those little investments become a lot. In any case, it is his funds, all risk that he would take must first be his financial decisions.

We cannot deny the fact that there is a big advantage if you start in a big capital, big capital can earn big profit, but if you start with small capital you can only earn small, i also experience buying btc in a small amount and i have a big regrets after seeing btc rise very quick i started ask my self why i only put up a small capital now i only earn small profit. But we cannot blame our self because investing in crypto is very risky and we need to be whole hearted anytime because the price is unstable.

Yes, with this he can start to know about Investing and Bitcoin, starting from how it works and some other knowledge, maybe $ 30 is a small number but this doesn't matter, because even though the numbers are small at least they will have a good cycle year what actually happens in the investment later.

There is no limitation of the amount to be invested it just depends on you income that how much money you can put into bitcoin. $30 are good portion to be invested and as you talk about the profit that $100 will have greater profit than $30 so yes it right but taking start with little amount is also a good option.

If he evaluate his knowledge with this $30 then may be he use more amount of money for bitcoin investment because desire increase when the profit of a person increases. Staring with any amount is better may be its little or more but try to understand about the market with this little amount and do not rushes to make huge income at once with putting overall amount into it.

starting an investment does not have to use funds with a large value, I think $ 30 is a good value for beginners to learn to invest in digital currency or in bitcoin.
if from $ 30 you are able to understand how the investment process is here, and are also able to read market movements or market analysis then you can recommend it for investment with even higher values later.

It can be the first step in a long Bitcoin life. That person might change their jobs and start getting paid in Bitcoin. Who knows, maybe that small decision in the present might create a bright future for you.

The amount is not that important, what matters is to start. Time is key for Bitcoin, so it's a good thing to start as soon as possible.

Any amount would do. Having the thoight or even having the courage to spend a dime investing not only to Bitcoin but also with other form of investment should already be something to be proud of. You are not required to go up against other bigger investors in this industry. You just have to bet for your own sake. Any amount will do as long as you would be determined and dedicated to wait for its potential profit but ofcourse things will have limitations; the bigger the investment, larger the profit. So if you think the amount you would invest is not as big as what you actually desire then atleast manage your expectations on the profit potential. But again, what is important is the idealization to invest which can be used over future endeavors.

If $30 is what he can afford to start investing in Bitcoin, why not? Isn't it good that he just want to try first in small value to experience investing in Bitcoin? It might really different for some investors who started with huge capital but it's not an issue here. What matter is he started his journey regardless of the capital he use to buy, it's the start for him to grasp how it really works. Then he can decide later on if he wants to continue buying more, the market is unstable and there's always a chance to buy Bitcoin if there's a correction.

Just guide him so that he will not be tempted to commit a wrong decision along the way, that's what you can do to help him to be on right path.

Even if $30 is a small amount, it is still worth to make him familiar with the buying process, using a wallet.... Then it's up to him to believe in the project and invest more.

well, he can start investing in bitcoin from $30 as long as it is value he is willing to lose. Besides that, apart from explaining how the system makes profits in investing in bitcoin, I might also emphasize that this is a risky investment.
With $ 30, the percentage of profit he gets will not be too big, and the value of the profit he can get is directly proportional to the value of his investment. the higher the investment he gives, the greater the potential for profit. however, the risk is also greater.
If your friend is as consistent in investing as he would be in investing the $30 he has in bitcoin, then that's a good move. however, if he is only out $30 and trying to increase his value from $30, then I might recommend investing in a less expensive altcoin.

I agree that large capital is an advantage in investing because it gives a higher return, but when starting, only the minimum amount of capital should be used to get used to everything because investing is risky. You invest a small amount and feel sorry to see the market go up because you didn't invest more, but if unfortunately, the market dumped, you will feel quite lucky that you did not invest a large amount.

Investment should not be rushed, do not be afraid to miss the opportunity but invest greedily and blindly. Instead, invest slowly and experience the market, and don't be afraid of not having an opportunity for yourself, as long as the market exists, the opportunity will always exist.

The cryptocurrency market has been bullish and bearish for a long time. Suppose you invested only $30 in a bearish market of $20,000 price and when the market reaches $40,000, you will make $30 and the person who invested $100 will make $100. How much will you profit if the market starts a bullish movement and rises to an all-time high like $100k per btc? If the market reach $100k you will profit $120 if you invest $30 and what will you do by this amount? Invest strongly in something where you can get good returns even after a long period of time. After waiting for a long time, if the money is not received as expected, it can lead to resentment towards the investment. In my perspective invest $30 in many cases not suitable for investment.

I remember there was a story of someone on the forum sharing that the process of him quitting smoking and using them to invest in bitcoin, with just a small amount of money every day buy bitcoin and can also save a small amount and also help to protect health. I have no problem starting with using a small amount of capital to invest, what I see is the reality of where I am, if I am poor and have no money, then work and study to improve myself have money to invest strategically.

You are correct that crypto currency market, including Bitcoin, can be very volatile and value of your investment can fluctuate rapidly. Therefore conduct your own research before making investment decision. However, there is no problem with starting investment in Bitcoin with any smaller amount of money, however it is advisable to invest your savings in Bitcoin regularly, in particular when market is in down-trend. This strategy can help you to accumulate more Bitcoin holdings and increase the possibility of generating significant profits in future when market is in on an upswing.

I recommend that this be the case with 1 dollar, it is always Convenient to invest in bitcoin, there should not be any danger and if there is,the forum is present here,the articles and on YouTube some are aware of the scope of BTC, but If you are a person who does not have any type of financial culture, it is difficult for you to open your mind to btc if you have many people around you who do not believe in it, but 30 dollars is good on the condition that you can Continue putting more money into it.

$30 isn’t going to make him rich, investing in bitcoin. It’s 2023 now, not 2010.

Investing $30 in bitcoin is better than leaving $30 in his fiat bank savings account with 1% interest or whatever crap rates they offer these days.

$30 is a very small amount but it’s a start I guess. Tell him to dollar cost average into bitcoin every month he gets paid, it’ll soon build up.

A $30 investment in bitcoin is equivalent to silently throwing a tiny stone into a bucket of water without a sound. That implies that $30 won't see much of a gain even if bitcoin chooses to rise longer than anticipated.

I have advised people who want to invest in bitcoin on numerous occasions that they cannot achieve the financial freedom they seek by small investments in bitcoin, but they can choose to do so with small investments in alternative cryptocurrencies that have the potential to make them millionaires within the next few years instead. That being said, It all comes down to accepting the risk and identifying the appropriate altcoins that can produce such returns.  

Your output determines your input, therefore if you are expecting a return of ten thousand dollars don't expect an input of a dollar to make it happen.. Of course we all need to start from somewhere and if that 30 dollars is committed to crypto investments then several years have to go by before a decent return is achieved... But sometimes starting small is the best way to test the waters.

metaforically speaking :) like the word play in this!

OP said $30 for starting a Bitcoin investment, he didn't aim to be rich with $30. If you want big profits, surely you need a bigger amount of money. And if you just begin your journey of investing in Bitcoin, $30 is enough. The main goal is for learning and gets experience, a beginner shouldn't expect for being rich in his first investment in Bitcoin.

By the way, OP doesn't want to have savings, he wants an investment. So, storing the money in banks won't be the right solution. Also, $30 is too small money for storing to the banks.

That's a good point! If you're new to investing, then $30 might be just enough to start learning how it all works. It's not about getting rich quick or anything, but more about learning and getting experience. Once you feel like you've got the hang of investing in Bitcoin and you're feeling more confident, adding another $50 or $100 to your investment can help you grow your money. It's all ybout taking calculated risks.

It's important to invest only the amount you can afford to lose. But since you respect this basic principle it's advised to invest most money as possible in Bitcoin before another opportunity is wasted, that can be translated in one single word: halving.

It's fine for OP to invest just 30$ bucks for now, although I hope he doesn't take too long to understand how benefical this investment is, so he can start putting more money in BTC before the next bull run that is expected to happen between 2024 and 2025.

With a single investment of 30$ it's possible he can double or triple it without much difficult in one or two years.

The goal is not to be rich but just to start investing bitcoin. It may small but it is a good start than having not investing on it whether it will be double or not it is still and investment which you can also accumulate over time by adding it when you receive your salary. But we dont know soon that because he starts out $30 he keeps motivated to adding more in bitcoin and eventually he accumulated 1btc over time

True.

I don't think most people realize that when they have "their" money in the bank, they can lose access to all of it any second.

With Bitcoin, that simply doesn't happen because there's no middleman involved.

It's a game changer.

I agree, if you rush int other market then you are going to have a bad result, but if you are careful about it then there is a good chance that you could end up with a better result, most people rush int other market and they lose a lot of money, that is the bad side of crypto right now, and should not be done.

I believe that the best thing to do at this moment would be making sure that bitcoin is not doing badly anymore, right now it is at a bear stage but a small one, I feel like it is a drawback and it will go back up, right now you could slowly start to get in. But even right now, when it is lower, I wouldn't advice getting in with all of your money, put just a bit in, and wait for it to either recover or go worse, if it does go worse then you can get in some more and keep doing that over and over again.

I for the love of me couldn't understand anything you said in this post.  I know English is not your first language, but this doesn't make a lick of sense.

Now what you're probably trying to ask is it worth putting even a very small amounts of bitcoin and the answer is YES. But he better have other more traditional investments in his portfolio.  You need to have a foundation of typical stuff (savings account, retirement plan, brokerage account etc) then for more risky "investments' which bitcoin is not an investment my nature.

You are right the high risk investment can get a big profit while if you only invest 30$ that is not high risk because it is not big money so in small capital we also earn small profit, it is really hard to choose because if we invest big amount and we will loss we will have a big regrets but if we earn small because of small capital we will also regrets for not investing big amount it maybe depends on luck.

We have seen cases where people start with little investment and were able to make good profits from it, so its not dependent on the amount you start with but the most important thing is you are in possession of bitcoin (the future). There is popular saying that goes “Don’t invest what you can’t afford to loose”. A starter might not want to invest big from the beginning but as time goes on and as his knowledge about bitcoin widens he would want to invest more and the best part is he can always invest more and more anytime he feels the need and gradually his investment will grow. DCA is ideal for folks who are hesitant to make large investments at once.

The amount you begin investing impacts both the percentage of profit you make when the market is rising as well as the percentage of your loss when the market is falling.


I suggest you just let him invest an amount the seems right for him so he won’t end up thinking about his investment and always checking charts of bitcoin price. He can always start small and after some time he can keep topping up his investment.

Of course! It is always a smart move to start small is always a wise choice, and investing $30 in Bitcoin can be a good way to jump in the water. Investing $50 like you did can also be a great start. Dollar cost averaging (DCA) is a great strategy for those who can't afford to invest large amounts of money at one time.

I think this is also good because it is one of those strategies where one invests a fixed amount at regular intervals to smooth out the ups and downs of the market and if one does have some other cold money that doesn't interfere with daily spending it can be used as an additional investment.

You have already told him enough mate  because you have pointed what is important for him to understand that there is no certainties here in crypto investments specially
in bitcoin that is very volatile and also the target of all FUD .
but if you wanted to extend your advises?
then better to tell him that He must be ready to keep that Bitcoin for long term instead of short term.
since he is only depositing 30 dollars meaning this is just a start up right?
or at least dry running of His plans inc rypto world.

https://i.imgur.com/Lly87uw.png


understand and learn the graphs and he will find how it goes

i cannot deny the fact that I even start investing in crypto(not bitcoin specifically because altcoin is my first coin) amounting small amount lol as much as 20$ that time if I am not mistaken.
but now look at how much I am holding, that my coins are valuing enough for my family needs in case there is a big problem happens in future.
so let it be guys, invest the smallest amount you can afford to lose.

You can start investing with any amount, it's not a problem. It's just that the more you invest, the more profit you can get.
I think it's okay to start with a small amount in order to gain more experience and knowledge. Perhaps in the future this person will have more free funds and he will already understand crypto.

I honestly don't know what country you're from, I mean do you know what the $20 exchange rate is if you convert it to my country's official fiat? $20 is IDR 296,900 which is probably quite a fair amount to cover 1-2 days of needs for non-formal workers. That to me is a decent amount of money to invest into bitcoin to start with, and when they have a bigger budget then of course you can accumulate more whenever you want.

It doesn't matter what budget you have because investing is not always about how much you have but sometimes how consistently you do it when you want to earn something in the long term. It's better to start with a small budget to be big than to start with a large budget to be small.

All great things started small. It's better to keep that $30 in bitcoin rather than in a bank. There are cases wherein the bank charges you for maintenance fees and all that stuff that they should have paid for themselves. I once lost $100+ to fees that I paid to the bank without me knowing what those fees are for. Tried asking them to cancel those but just told me that those cannot be overturned because it has been a few months since those charges appeared. While there are banks that do not do these, I know that most would, in a heartbeat.

It's like robbery in daylight, except that the robbers are legally allowed to take what you have. At least in bitcoin, the fluctuations may sometimes be in your favor, and it will always be as long as you do not try and sell at a loss.

Indeed. You have to start somewhere or in this case, starting with certain amount that is regardless of whether it is small, it is still a step forward on having investment in bitcoin. As long as that amount of money is the one you are willing to risk, then do so, it is still better for it to be invested into something rather than be stuck on a bank account yielding to almost nothing in return. At least, with this investment you can see that it has potential to grow and would motivate you to invest more that is within your risk tolerance in regards with your money.

I see your suggestion is good. people who start investing in Bitcoin with small capital will only get small profits too, conversely, those who invest with large capital will get big profits too, but you don't explain that Bitcoin won't make someone rich in 1 night. btw, I'm already wary of giving advice to people who only invest small money in bitcoin, most of them hope to make 1 million dollars by just buying $50 worth of bitcoin LOL

I have believed every one having his own view and mindset because for me still investing $30 in bitcoin is good because if we keep going with our predictions and have sometime for checking charts this can go better in few months with the view of bitcoin nature is unpredictable but if someone wants to invest for long time this is still good idea even it's not making him rich but still can give better profit which can solve his issues and also can help in real life for many other problems as well.

Bitcoin is future no one having doubt about this all with the latest updates and technology things looking much better and surely these small investments will also have worth for investors but still I will recommend if someone wants to investment he needs to read all plus and negative points of bitcoin and its investments as well.

Of course it is possible for a start, and if you can make it grow by at least 1$ a day or more because the trading fee is also small and it depends on the exchange you use. it means you are good at trading activity and you have knowledge of cryptocurrency.

     Just don't take a risk if you know how to avoid wasting the money you put in there, because whether your capital is small or large,
we should appreciate it.

Selling Bitcoin for fiat doesn't make too much sense to me, unless you're using fiat as an intermediary to buy something "real", like a house, etc.

Fiat itself is not a great form of money, so it would be better to just keep it as Bitcoin until you need it.

As a percentage, increasing $30 per dollar per day is a lot. That's three percent a day. It is better to earn at least another hundred dollars on the forum, and then try to increase this amount as a percentage.
There is a golden rule that small amounts need to be increased by arithmetic progression (just adding money by earning fiat, on the forum, etc.), but large amounts - by geometric progression (trading, deposits, and everything that increases the amount multiplied by a percentage). Then it all makes the most sense.

Make it 60 per month. If you can afford it. 60 on ADA and 60 on BTC. Ada for purchases. BTC for store of value. Your pension fund.

Trevon says 10 dollars per week if you don't want to work next year.

Taking risks has become a daily practice for consistent traders, and some even go so far as to increase their lotsize in order to quadruple their trading money. Generating money in trading is simple if you follow 80% accurate fundamental or technical analysis. Trading is risky; even professional traders lose money. $30 is a fair amount to begin trading bitcoin; however, considering it is a cryptocurrency, one must exercise extreme caution when placing trades. Risk management is another component that contributes to effective support for traders and decreases trading account liquidation.

You are right, the investment amount of $30 is not below the minimum value for beginners who want to invest in bitcoin, because it is useless for you to invest $1000 even higher if you do not have a strategy and knowledge of market performance, so make sure the investment money is not money needed for shopping and other needs , So make sure $30 amount for long term investment for high profit and you have to be patient enough to buy BTC at lower price during market correction so you will get higher profit in future.

Oops It’s Totally Wrong With $30 Dollar starting in bitcoin and change your life at the moments it’s not possible because now 1 BTC Up-To $30k usd that means $30 value is penny and not possible gain with btc in future i suggest with $30 can buy penny alts coin is better.

I think that investing any amount in bitcoin should be based on several things, first and foremost is that you should never be investing money that you can't afford to lose, meaning don't go about taking loans and credits just to invest, because it is a risky business and you might lose it, second of all what is you goal and what are you trying to get out of investing, are looking for long term investment or short term, and if you are just looking to actively trade it or just invest and leave it, in my experience if you are going to invest a small amount like 30$ you would have to be actively trading it , because lets say you bought it now and bitcoin goes up to 100k , you would only have made 70$, but lets say if you invested 30$ and sold and bought based on market prices you could grow that amount.

if you want to get big profits, do it with big capital, if the capital is small, the profits are also small, you can't invest in bitcoin, even if it's only $ 30, but it would be nice if you have a capital of $ 30, choose to invest in alcoins, you will get more profit because alcoins can go up drastically and the profits also more, it's just a suggestion.

There is a formula by which you can calculate for what period the invested amount will double, if you know at what percentage per annum you want to invest your money, it is called rule 70, you need to divide 70 by a percentage, let's say let it be 5%, in this case your amount will double in 14 years, but you know, in the case of fiat money, inflation will eat up their value. I was once very interested in this topic with compound interest, but it can work in a period when there are no crises and inflation is not high, times are changing and now it is better to find more effective use of your money.

The principal fee will be the determining factor to the ratio of profit so I doubt if I invest 30 dollars, I will be comparing myself with $100 because I know the amount of money I invested what might cause regret is if I had more money that I didn't invest. From my point of view, no amount is small to invest as long as you are aware of what it entails to have it.

Thank you for telling me this interesting principle, it is unusual, like the Pareto principle, which I heard about once and remembered forever. I think you know it, too.

Compound interest is a wonderful thing that can make anyone very rich. And if someone wants to earn a lot of money, he must know it. A vivid example of the power of geometric progression.

You wrote correctly about inflation, it should always be taken into account, and many forget to take it into account in profit calculations, such as losses during currency conversion, or exchange tax.

As a new investor it is quite useful to start with $30. But if the profit is calculated from investment purpose then an investor must invest such amount of money that he is able to make good profit from it. Buying Bitcoin for $30 is unlikely to make much profit. On the other hand, investing even $30 in altcoins will not be profitable because all the good altcoins are very expensive. You may be talking about some sheet coins that can make big money with little investment. However, investing in these coins often makes it impossible to get a return on investment. So the investor must increase the amount of investment.

I think investing in btc with small money or big money in my opinion is the same, and the problem of investing in btc in my opinion depends on a person's economic situation whether the person has a lot of money or not and it would be better if that person invested in btc with idle money.

so i think small or big doesn't matter
what matters is investing
in btc according to ability and will.

It will be very difficult to earn a dollar a day from that $30 invested with $30 because a fixed amount of trading fees will be deducted from your account every day. It is better not to expect profit here by investing with 30 dollars. Every day you hold it you will earn one dollar but the value of the coin does not increase as per your plan but the value of the coin falls more but instead of earning that one dollar you may lose several dollars. But investing $30 to learn can be a good start.  Investing with $30 will give you a real understanding of the market that will be useful to you later on when investing.

I you want to accumulate bitcoin starting at $30 then its a good start, Im not saying for trading but to buy and hold it, you can buy weekly or bi weekly if you have extra money to invest do this in 5 -10 years and you will see the fruits of your hard earned money.

as far as i know investing in btc with small capital of course the profit is small
if with large capital of course the profit is big.

but for learning and the initial stage I think our can invest in btc with a capital of $ 30.
but it would be better if it was more than $ 30 with the aim of getting a big profit.

but the most important thing is the knowledge that must be prioritized
because if you invest in BTC, you have less knowledge, usually you have the potential to lose.
in fact, many people with large capital invest in btc and end up getting big losses and one of the causes of the loss is due to a lack of knowledge about investing in btc.

In investment, capital to invest is very important, but knowledge is the foundation of success, that is, without knowledge, never succeeds.

Going back to OP's question, I think it will be no problem to start with 30$, but to get a good profit, you should keep investing every time you have more money. If you just stop at $30, don't expect to make big profits as well as become rich. Bitcoin can't make you rich with $30.

Yeah, I think they will get more out of the experience by learning how to self custody Bitcoin instead of the capital gains they might get for $30.

Long time ago, maybe, but the gains to be made these days are not comparable.

As a new investor investing with $30 is not bad Idea. After investing $30 a new investors can definitely get a good idea about his investment and later he can increase his investment.

Those who want to invest in Bitcoin, which is risky, should be aware of its history. But those who are able to bear this risk are encouraged to invest that can be a good decision for them. But I'm skeptical about it to make small investments. If investors wait for Bitcoin's bull run with this small investment then it would be waste of time.

That's not the way to encourage people to invest, he can even start at $5 and check the progress of his investment, when he sees that it's growing or increasing he will add more, don't ask people to be greedy right away, its always been invest at the amount you can afford to lose

If he is properly educated on investing he'll accept that fact, but let him invest at whatever amount he likes and what he thinks is comfortable enough, educate him more, and let him decide for himself if he wants to add more.

In my opinion, it's not good there was a time I gave a friend $5 as a starting point after a year he already invested over $5k and he is still good, so to encourage others to invest he gave them $5 as starting investment to see how it works and to learn how bitcoin works. 

The more capital you have for investing in the cryptocurrency market, the more profit you can earn and then you will need a good amount of money to invest in Bitcoin. If you want to start investing in Bitcoin with such a small amount, then apparently I don't see any point in it. 30$ can only be used in centralization exchange to make profit because there trading fee is low and you will be given feature of direct deposit and withdraw to fiat. If someone want to buy at cold wallet then I will suggest to wait and when your fund increase then invest to make proper profit.

With such a small amount, if anyone wants to start investing in the cryptocurrency market, it would be better for him to invest in a small coin whose market value is less than one dollar and have a low fee for swapping.  For such a small amount, he can get a large number of low-value tokens.And as the price of the token increases, it will also see a profit.

In my opinion it is a small amount to benefit from bitcoin. because the movement of bitcoin is very fast and very risky if the bitcoin market is going down drastically and, you can still invest $30 in bitcoin because there is no limit in investing in bitcoin. but don't expect to get a very large profit with very little capital. and in my opinion capital with $ 100 also does not have a large enough profit when bitcoin is on the rise and only get a small portion of the profit.

 Investment in a amount of $30 is not below the minimum value for beginners who want to invest in bitcoin, because it is useless for you to invest $1000 even higher when you don't have a strategy and knowledge of market performance, so make sure the investment money is not money needed for shopping and other needs , So using $30 amount to invest for long term investment for high profit is good for beginners. Investing in what you can lose to afford, is the best don't invest in higher price and regrets later. When you start to invest in cryptocurrency learn how to be patient and endure, investment is all about patient.

Yeah, profit from investments depends on the amount of capital although this also depends on the types of risk. Altcoins with small amounts have the chance to earn big but the risk is just too high. Bitcoin however is the most reliable but its growth in the next few years might not be that high so earnings from investments are also not that big if the capital is too small like $30.

Nonetheless, it is better to have investments rather than none at all. And the fact that someone has to squeeze a part of their tight income brings me the positivity that the guy has the mentality and the potential to become financially successful in the future. And it is also the rule of investing to start small since there is always the chance to make it grow in the next days to come.

I think this also related with Capital dependent too I think and Starting with a smaller amount like $30 can be a good way to learn and gain experience in the cryptocurrency market while minimizing the risks involved and This is often referred to as a long term investment strategy. However, if we look at it like all investments, there is no guarantee that Bitcoin will increase in value, and subject to volatility and market fluctuations one has to wait 4 hours, 4 days or a week to see results post market entry.

It doesn't matter if you only have 30 dollars of capital to invest, if you want to take small profits from short-term trading results you can, even though the profits are not as big as you expect, because again the profits you have affect your income too from short-term trading results, but if you are a patient person then please just take long-term investments and the money invested is not from your rushing money every day, because later it will interfere with your long-term investment, it's different if the money is shown for investment then in the future your investment will be better because your living needs have been covered from results outside of your investment.

Investing only 30 dollars in Bitcoin is not recommended, as transaction fees will also be deducted, making it an unwise decision. Instead of investing in Bitcoin, it would be better to consider Altcoins which also have the potential to yield greater returns but it totally depends on your coin selection. However, it's important to keep in mind that Bitcoin is a safer investment compared to Altcoins.

If you want to invest in Bitcoin with very little capital I think it needs to be considered again, because the value of Bitcoin is currently very high and $ 30 is certainly very little capital, so my advice is to just choose a potential altcoin that is still cheap and collect every profit to buy Bitcoin, because we as investors with small capital must find a way to one day become a big investor because everything needs a process not everyone is successful today It's easy to go through every problem, but they have often fallen but still stand until the success they want to feel can be achieved.

I don't want to say you are wrong on this point because of course that too is a free thing to do depending on how you look at it. but altcoins for beginners obviously things like this are ridiculous and tell them to kill themselves.
However the current conditions are quite clear, I think bitcoin is something that is really worth it but letting them go to altcoins only with the hope of a bigger return without telling the risk of the worst possibility that must be taken is clearly something wrong because even though the return could be bigger but the falls for altcoins are also much more pronounced. You say bitcoin is definitely much better but suggest to be on altcoins to start with. I think something like this should be started from the beginning with bitcoin so that it doesn't get lost any further.

I hardly have up to $30 worth of Bitcoin in my wallet years ago, but I spend most of my time learning about Bitcoin, you don't have to be an investor right away, not having money to invest in Bitcoin can be blessings because it creates time for you to focus more on learning about Bitcoin, you will be in a more calm state and there will be no reason to rush.

I was so calm back in the days and since I have no access to any fund at the time I was able to erase any thought of buying Bitcoin for future gains at the time, I was so ready to learn and learn until I was able to even understand some things about Bitcoin, like Mining and Mixers.

Bitcoin never imposes any specific amount requirement on any user for investment. So a person can start investing in Bitcoin with any amount that can be $1 also. So $30 investment is not too bad or small amount to start investment. So you can definitely start investment from this amount but when you go to invest big amount then definitely recharge the market well to see if there is a big chance of bitcoin big dump at that time.

But honestly, I don't think many people will do what you did because most want to make a quick profit. It will be a very uncomfortable and sad feeling when you check the price every day and discuss with people every day about bitcoin while you don't have bitcoin. It is a feeling of great disappointment and discomfort, and sometimes it will discourage us. I used to be in the same situation as you, but it's a shame, I can't do it like you. I am not confident enough without money to invest.

Investing in btc with small capital($30) is not bad if this is just for learning purpose. As a beginner we should not invest a very small part to check different scenarios, to check how market reacts in different conditions(bull, bear, Fomo, fear). after learning we can increase our portfolio which will be much better then investing big from start. there may he chance that one want to invest big but currently he has low fund then i will also advise to buy with $30 and then you can add more every month.

A good way is to start from learning not directly buying bitcoins without basic knowledge so this is very important for those who are just starting out and learning it takes time to understand it so there is no need to think about profits it is better to base it from below how bitcoin works and with price movements all of that requires stages of learning starting from the beginning.

Your thinking at the beginning was quite good, not concerned with profits but knowledge first before spending capital to buy bitcoin as an investment.
Regarding mining, it requires quite a large amount of capital because it requires several VGAs to start mining, while the mixing service is to keep transactions more private. I have used the mixing service several times and it's simple to do.

Don't ask for it,
Just start doing it if you really want to because changing your life there is a need for the first step forward to the new destination and from that first step your journey starts. I am not a Bitcoin specialist haha, and not even a boring motivational speaker but I like to talk if I really want to give my view on something then I sue to do it on the spot. If you think Bitcoin si profitable for you infuture by any means, remember by any means weather its in terms of making more money, choosing self cutodu or any type of financial independence then bro don't wait for other step up and just Start changing your life with the Bitcoin.

I wont tell you the advantage of joining the community, also I wont recommend any type of the investment amount for start up I would say if you really wan to start you journey even with $1 then bro who is gonna ask you fr it just start it.

Just Belive yourself -Hamza

Basically Investment is good, the actual quantity will not determine whether it is useful or not, maybe from a small amount we can actually make it as experience in starting Investment, most of the beginners try small amounts to gain experience, whether he is $ 30 or smaller .

Just make sure to have an answer to the question "is it worth'd to invest"? if your answer is yes, then taking your first step is the right thing to do, make an investment and if you have enough time invest also with time to learn more about this market, if you think that you can spare more money with bitcoin investment always act accordingly.

It's your final decision making that will lead you to a possible success in the long-run, make sure not to forget doing your DYOR!

for bitcoin, there is no limit when we start investing. I mean, we can start with whatever money we have. but bitcoin is not a get-rich-quick tool, nor is it something that can turn $30 into $300,000 or $3 million.  it can give you more substantial returns than any other asset, but it also has its limits. if you want to experience the market, $30 is a perfect place to start but if you intend to get rich with that bit of money, then bitcoin is not for you.

yes, indeed there are lots of beginners who invest with small capital at the same time while learning and feeling what investment is and after knowing what investing in btc is and knowing btc price movements and others. so after getting a lot of experience, many immediately invest in btc with large capital and I think investing with small capital like $ 30 is a good thing for initial investment and while learning.

I remember myself before when I was new to different areas of cyberspace, spending for $1 made me consider it because it was really big for a student at that time when the money to pay for tuition fees and living expenses are limited, and I always wish but the expenses will help me. Even if they do bring risks and losses, I feel fortunate to have spent properly to get the mistakes to avoid, so try to put that in mind when starting out. Start participating in something don't hesitate to see what is enough, just get started and the process will help us see what's right and $30 or even $3 let's just pretend this isn't just a payment investment in financial income, but more realistic what you will get in terms of knowledge is much more worth it.

Well $30 is low amount to start. but as others mentioned above there is no minimum amount you can invest. so you can start with anything you have or I say anything you can afford to loose. so If $30 is all your friend have and want to experience Bitcoin and Crypto then he sure can do that.
I think if he follow a good day trader he can make 1, 2 bucks a day or two. so it is a good start for a newbie in my opinion. starting with big amount where has more advantage it also have higher risk. specially for a new commer.

Why bro? Why should I tell him what to do and what not I can just educate him I can't force him or give him words to invest because as I said it's his/her investment and he/she should have to learn about it. Then make a decision about it. So dear don't tell me I can just educate him with his question so that he/she can make a good decision.

Moreover it maximum the people are already suggesting this and that and telling him the straight answer so I thought that my answer to the query should need to be decent which can help him in the future too.


Are you talking to me here I'm a bit confused because the query was not mine you should tell Op about it. I ma already Bitcoinnr Alhamdullilah and I Know where to take entry and where to exit with Pro & Cons.


This is Obviously for OP I think..

Trading will probably eat all the money OP invested.

There are a lot of fees when you move money around, and those are simply gone, even if you end up doing a good trade.

And of course there might even be capital gain taxes involved depending on the country.

However, if you invest less money, you will get less profit and if you invest more money, the amount of profit will be more. If you invest with $30, you will not get much profit, so if you want to invest, it is better to increase the amount of money. It is true that investing in Bitcoins requires sufficient skill and knowledge. Otherwise, it is wrong to never expect to make a profit by investing in Bitcoin, rather the loss will be the greatest. There are many people who have no basic knowledge of Bitcoin and invest a lot of money when the market is in a bull market. And then when their mark goes down they lose a lot of money and they go bankrupt. So if he wants to invest first he has to think about gaining special knowledge about bitcoin and crypto so that he won't lose if he invests.

I think if a person is interested in Bitcoin investment and he has only 30$ then best option will be that he should use these money to get some experience in trading rather than expecting huge profit from them. Because profit from Bitcoin investment depends on how much amount you invest and how much percent Bitcoin price goes bullish, if you invest 30$ and Bitcoin price goes 10% the you will get just ten percent which will be 3$.
So when ever he got some big fund from different source then you should welcomed him in really world of trading where he can expect some bit from his investment..

Of course, if he makes only $3 profit, that probably won't even cover the fees for buying and selling bitcoins, but he will still make a profit. And learning to trade from scratch with $30 will most likely result in him losing the entire $30 altogether. I can quite possible to advise him to buy bitcoins, especially in a downturn, but I personally would not dare to advise anyone to start trading, the risk is too high.

Yeah, trading is expensive, and most people will end up losing money, plus the fees are constantly there.

With $30 OP should focus on learning about Bitcoin, lightning, etc, it's a great opportunity to move Bitcoin around. At the end of the day it's the same if OP was moving millions, so better to learn with less money as mistakes would cost almost nothing.

I wouldn't focus on trading, just on learning the tools of Bitcoin.

I agree that spending $30 on bitcoin is a waste because it isn't at all lucrative. This is something I've seen when I first start investing. I consistently invest $5 to $10dollars, and I always end up losing money. When I think about it, I giggle lol.

In my opinios(as of right now), you shouldn't invest in bitcoin if you have between $30 and $50 to invest because it is essentially unprofitable and the investment is long-term. Instead, you should learn more about cryptocurrencies and how the investments work so that when you have more   money to ivest, you won't be concerned because you have knowledge that anyone can acquire.

Yes is the answer reason been that whether one invested with huge amount or small amount, when it rise  both huge and small amount will gain and when it drops the both will depreciate. So no amount is really small when it comes to Bitcoin investment. It all depends on ones Pocket.