Hello Bitcoin users! So i've decided to pull the trigger and set myself a coinbase account to start investing in Bitcoin and other cryptocurrency. I'm excited explore this new finance endeavor and by doing so I would like to get some initial knowledge. Everyone is welcome to chime in on this but what are you guys' opinion for someone like me starting out would be an ideal amount of investment.
I know for the most part majority will probably advise to start on what I'm comfortable with however I'm mainly looking for an ideal quantifiable range based on how much is Bitcoin is going for or other cryptocurreny for that matter. What's too little and what's too much for someone whose in the beginning stages of investing. Thank you.
First you have to ask yourself.
1. what is my goal in bitcoin?
2. How much money do i have?
3. How much money i am willing to risk for investment?
4. Am i ready for this? If yes then go on!
One more thing, only invest what you can afford to lose