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Author Topic: Start somewhere  (Read 760 times)
Rockstarguy (OP)
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November 05, 2021, 03:59:41 PM
 #1

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

R


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November 05, 2021, 04:53:44 PM
 #2

If you know how to actually do research and understand market psychology, it's definitely not impossible to hit big with only a starting balance of $20. The cryptocurrency markets is a very very inefficient market. Lots of projects are heavily overpriced, and some are heavily underpriced. You just need to look for the latter and allocate money smartly.

Personally, I've made GREAT picks throughout the years by doing mid term investing, especially this year. I could've still multiplied my money if it's the case that I started with a very low 2-3 digit amount, but having extra money inflow from the sigcamp and a small online business definitely boosted my investment capital. And no, I'm no son of a millionaire and I had no money to start with.

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November 05, 2021, 05:31:17 PM
 #3

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?
Everything comes with little from what we do and that includes investing and trading. There will be time that you'll learn from that little knowledge and little budget that you allocate as you start. But not everyone is having a good time and result. Those that are having a good time, they'll simply continue. Those that are having a bad time, might stop and will never come back. But those that will continue and going to try again are the ones that thrive and do the better. To my experience, the little I've got might have been bigger if I just started earlier investing in bitcoin and didn't let myself panic years ago which led me to sell a few good amounts of BTC.

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November 05, 2021, 06:19:24 PM
 #4

Anyone can start with the little or big amount but must have knowledge about the platform. First of all he/she should learn than should go further otherwise loss will await. And second thing is luck. Luck also matter.
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November 05, 2021, 06:38:25 PM
 #5

The initial point of investment will certainly be done with small things because they will try and start with the existing value, as for those who have little funds it is good if the investment starts low in any cryptocurrency the value will definitely go up and down depending on what is being used. invest then it's good to start with less but you have to be brave and prove that it can work for you.

You have to be sure that at the start there must be a way where during the journey it will increase, therefore everything will start with a low point.

If you have passed several times, you will understand about the investment that you already.

R


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November 05, 2021, 06:38:42 PM
 #6

I won't blame the people who find it hard to start somewhere due to the volatility of the market especially during this season which most of the coins we have in the market are too expensive.
I believe the best way to start somewhere for new investors is to start saving some capital which is meant for Bitcoin investment.

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November 05, 2021, 06:53:41 PM
 #7

Agreed that businesses have to start from small but some businesses are capital intensive and therefore the small word may become an understatement so if an investor has a dream to start small he or she may not be able to carry it except they have built themselves up with capital for a long time. I don't know how someone can start a crude oil refinery small, how much would that require and how much can consider as small? In such businesses you need even loan from government or banks and this requires a lot of time and delay if such person want to follow their dream.

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November 05, 2021, 07:25:56 PM
 #8

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?
Very true especially in this market where is yet not mature and is so quick in returns, even if someone has $100 to start with he can quickly reach a 1000$ just with positional trading if market remains bullish, even if market remains bearish he will be able to reach the same amount in a larger time frame but he will learn many other things which would help him become even better. People mostly just wait to accumulate enough capital and no matter how much they accumulate they are never satisfied with it.
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November 05, 2021, 07:41:35 PM
 #9

Starting from little helps a lot.
I remember when btc was just $500 and I thought it would not go high any further (listening to those bearish comments). Later, I saw it at $5k and decided to buy small parts so I don't miss out on the future opps. Starting with little is good, but compounding it is even better and can multiply your returns at a point later. Buying with a fixed value vs buying with some extra added value every month makes a big difference if you calculate and the compounding percentage does not need to be 5 or 10%, even 1% can add much. Take it as 'extra leverage' you get without trading futures.  Wink
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November 05, 2021, 07:52:27 PM
 #10

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

Not all are really financially capable when it comes to financing for their investment which means that we would really need to start up small and we shouldnt really rush up
ourselves on starting big because you cant still be sure that you would make big profits if you do start with big capital because it all matters on how you do make the trade
or simply on how you do make yourself sustainable and able to survive this unpredictable market. You shouldnt mind directly on how to make profits but
rather minding on how you do survive and last long.

R


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November 05, 2021, 09:23:53 PM
 #11

The starting point of the investment may really give a big influence on what we are going to gain.
Although it will not guarantee success in the future, at least, if we have more preparation at starting point, the ways may be better.
For example, we must have enough knowledge about whatever we are going to invest in, we must know what to invest in, what the risks are, what the wisest and best ways are, and also what to pick at the right moment.
Additionally, if we also know exactly the investment, we can also determine how much we can afford to lose.
Because all investments will always involve any risk.
We are not only thinking about the profits we will get, but also the risk.

But, if our starting point is just following other people's success and thinking of getting profits shortly without any preparation, that is a bad starting point.

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November 05, 2021, 09:38:22 PM
 #12

Starting your crypto trading with small amount of money, it will help you to know more about market and how to be patient when the price is about to increase in the market to make profits from it.
I started my investment with $100 some years ago, without any assistance from any facilitator but it was not easy for me to make a good income. Those that started with huge amount of money to invest with a facilitator was seriously doing well in the community.
If you don't have big money to start with , you can start with small amount of money, if the knowledge and the experience is there, very easy to earn well from the market.

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November 05, 2021, 09:48:48 PM
 #13

I totally agree with you on this one.
I believe part of the reason people don't wanna start is because they are afraid to fail.
From personal experience, it is better to start small, so you can learn from your failures and grow instead of waiting to start very big and ending up not starting at all.
Think big, you can start small, but don't remain small.

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November 05, 2021, 10:00:03 PM
 #14

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?
At what point would I have been depends on at what point I would have started. If it was a decade ago and I invested minimum in bitcoin, then I would probably would have enough money not to worry about anything and just retire. Would have been able to own everything I wanted. Starting points isn't a challenge at all. It totally depends on you. If you firm and determined to do something, you will do it anyway. If you don't start because you think you don't have enough to start, then you are just using it as an excuse to delay whatever you are trying to do.

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November 05, 2021, 10:09:41 PM
 #15

(....)
Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?
The always big question is "How to start?"
I have a lot of friends before who asked me what is trading or tried to buy or use some cryptocurrency or how to start, and I answered them but none of them started or stayed if ever they started.

Additionally, there is a ton to be considered before starting because investing/trading is indeed needed some amount of money so for sure they are afraid to risk or not have some extra money to use. So, we can't blame thim.

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November 05, 2021, 10:27:35 PM
 #16

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

Unless an investor won't start their actual investment, there's no way we will know what will be the result.

As far as they are now sure that everything is well-prepared and aware of all the associated risks that they will face and encounter on the way, then I believed that was now good to start.

There's no way an investment won't have any challenges and difficulties while in progress. That's part of the game.

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November 05, 2021, 10:33:42 PM
 #17

Starting point is a big challenge when it comes to Investment. There are people who find it difficult to start up an investment because what they have is not large. Start your investment with the little you have it will go a long way.

Expectations to have something big to start maybe delayed. Do you know what point you would have reached if you had started with the little which you afford?

Unless an investor won't start their actual investment, there's no way we will know what will be the result.

As far as they are now sure that everything is well-prepared and aware of all the associated risks that they will face and encounter on the way, then I believed that was now good to start.

There's no way an investment won't have any challenges and difficulties while in progress. That's part of the game.

one way or another, you have to test the waters. because if not, how are you going to know, right? you can read from books or via internet what you want to read, but the actual scenario may be different. so yeah, you need to venture and see for yourself. also, if you are not sure with your decision, why not use small amount of funds first?
starting is necessary to know what's your next step. you will not lose if you will not start, but you will not win if you will not start as well. so your choice...

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November 05, 2021, 11:22:52 PM
 #18

Starting an investment with small capital is not a problem. The most important thing is that you believe and want to try. The small capital that you spend at the beginning can gradually turn into a big one from the results of your hard work so far. So do not be discouraged to start investing but only with a small capital. But you also have to try as much as possible, practice controlling your emotions well because this will really help. Cyptocurrency also plays with time7u, therefore you must be able to control your attitude well.
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November 06, 2021, 02:03:17 AM
 #19

You basically gotta put your real money on an exchange, trade where you are pretty much risking pennies and that’s how you will learn. Don’t trade on demo or paper trading. There is no emotions. You will make $1 million dollars trading demo and then you will deposit real money and lose it all.

Only way to learn is to trade as much as you can. You will blow account after account after account but eventually if trading is for you, you will make it. Then you can use your knowledge and experience to trade other markets such as stocks or commodities which is More or less the same as crypto.

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November 06, 2021, 05:13:24 AM
 #20

Well, that's how it is in trading tbh, there's only a small amount of investors who hit it big even with small investments, and that's even with the proper research done by most investors. You just can't help but miss some of the projects that don't look appealing, at all tbh, and it's also not your fault that you failed to read on things that would be a hit or not. That's just how investment goes, you win some, you lose some. Bright side is, you can at least consider yourself to have started somewhere already and can pretty much continue on with other projects without that much stress anymore compared to the first investment you made.

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