Alright, let's say I have a budget of 1000 USD and I want to invest it into cryptocurrency. Is it better to buy my own setup and mine or do cloud mining or should I buy some coins directly ? What cryptocurrency might be the best for long-term profit ? I am willing to lose that money (although I would be sad ofc) but I wanna somehow start with cryptos since I believe it has got a great future.
If you have $ 1000, try to trade but you need to study it first because it's very risky. But there's no problem with this because you just say there is no problem if you lose $ 1000. It's also very important in trading, dont invest money that you can not afford to lose, that's a very important aspect in trading.