Starting my crypto journey, hope I'm in the right place

[Alisha-k]

Feel free to ask anything you feel you need clarity on that's the primary reason why we're here, to get informed information and clarity on things we aren't clear about.

Crypto looks very promising, it has survived a decade, I believe it will survive even more than that coming as for the best amount to save, that decision is in your place to make, you'll need to make proper research on how the market operates.

[1715660429]

1715660429

[Scaterbrainn]

Yes. You’re at the right place. I would suggest that you complete your education first. Start with reading about the market online. And don’t continue until you have full knowledge of the market and risks associated with it.

[taufik123]

I'll just add a few comments. You will find many references about crypto and how to make the right investment in this forum.
You only need to search for some articles you want to know, use the forum search feature before asking a question.
Because I'm sure all your questions have been asked in this forum.

If you want to invest in crypto the most important thing is research. Don't spend your money on investments you don't know about.

[Z390]

Any amount is fine if you are ready to bear some few losses because altcoins are highly volatile compared to even BTC, as a newbie its better to just buy some BTC for now if you are in haste and then start learning more about altcoins and what makes them have values.

[ShowOff]

Any amount is fine if you are ready to bear some few losses because altcoins are highly volatile compared to even BTC, as a newbie its better to just buy some BTC for now if you are in haste and then start learning more about altcoins and what makes them have values.

You are wrong because actually bitcoin also has the same properties as thousands of other altcoins that are equally volatile. You can't convince others of an investment that has made you profitable until they really understand how the market works.

I agree bitcoin has more potential than altcoin in the long term, but you have to be willing to be a long term holder rather than just relying on short term speculation. You also can't really profit from bitcoin if you don't fully know how to control your emotions, manage capital, and manage risk during volatile markets.

[CryptoPanda]

Any amount is fine if you are ready to bear some few losses because altcoins are highly volatile compared to even BTC, as a newbie its better to just buy some BTC for now if you are in haste and then start learning more about altcoins and what makes them have values.

Any amount you can afford to lose is fine. Despite the volatility of Bitcoin, I would be more comfortable as a newbie buying Bitcoins than altcoins reason being it takes a lot of experience to know the real projects and the scams. It is easy for a newbie to fall into the follow the herd group this is where scammers take advantage. You can never go wrong with Bitcoin, it's true altcoins made some newbies who didn't have a clue what they were doing billionaires, bear in mind investing in shit projects also made many homeless.

[Bhig Daddy]

Few months back I was also a newbie, I had alot of questions on my mind to ask but I took me time to understand some few things about crypto, this forum really help me alot and I have gain so much since joining this forum. All I   will advise is that always be in this forum, visit new places in the forum and read almost everything you come across to.

[s.john]

The main rule that you should keep in mind that crypto is unpredictable space and no one really have the right answer and no matter how much research you do you still need some luck to get the results you want

[Assmosis]

You are in the right place. However, always try to do your own research, even if you see some good opinions on specific coin in the forums like this one.

I think a good idea is to start with the basics, try to learn as much as you can about crypto world in general before investing: https://youtube.com/playlist?list=PLQ794-ev8UM73wdWAtX6H588QJnuuV6yq

Fear of Missing out might force you to hurry and do some uncalculated decisions based on emotion and not logic. Take your time, do your research and create your strategy before investing money into it.

That’s a great way to get started. When I started, I began with research too although there were good courses. But I feel they are loaded with information and can be very overwhelming. Newcomers should take small learning steps and clear basics first.

[cryptoaddictchie]

Is there anyway to increase my IQ about which crypto project to invest money on?
I make 400$ every month and I can save up to 300$ per month what exact amount is good for crypto project investment?

Im not sure if your IQ will increase here but it will definitely help you grow your knowledge on bitcoin and cryptocurrency. IQ isnt something we can boost easily and  you can use that idea to earn more on your monthly savings. But trading crypto is kinda risky so you must be ready to take some losses too.