A newbie with 100$

[lienfaye]

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

For a newbie, thats good enough as long as it is the money that you can afford to lose and not meant for important things. Much better to buy Bitcoin then hold for long time. Currently the price is still cheap if we compare it to its last ATH. There's a chance for you to double it if you can bear waiting for long. But before that you have to gain knowledge first to better understand the nature of investing in crypto.

[Zilon]

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

$100 on Bitcoin could make a lot of difference depending on the approach you adopt towards your investment. If you adopt DCA in the dip you can make turns of profit. If you are knowledgable about crypto trading you stand a chance of making even double your capital and if you choose to hodl if prices starts hiking your profit margin will expand. It is best you learn a strategy you will like to adopt before embarking on the risk

[Questat]

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

$100 on Bitcoin could make a lot of difference depending on the approach you adopt towards your investment. If you adopt DCA in the dip you can make turns of profit. If you are knowledgable about crypto trading you stand a chance of making even double your capital and if you choose to hodl if prices starts hiking your profit margin will expand. It is best you learn a strategy you will like to adopt before embarking on the risk

I don't inject the word "profit' into all beginner's minds but rather say to have a positive mindset. It can't be denied because of that word, many people got crazy and even think that crypto investment is a quick-rich scheme which in fact, it was not and can never be. Investing $100? I don't see any profit from it actually, we can never expect that amount it grows into $150 or $200 and this is the reason why. I am supposed to say to make use of this amount to explore the market, adding more funds could be next if we are sure that we can handle the stress already.

[BITCOIN4X]

Investing $100? I don't see any profit from it actually, we can never expect that amount it grows into $150 or $200 and this is the reason why. I am supposed to say to make use of this amount to explore the market, adding more funds could be next if we are sure that we can handle the stress already.

Back in 2020, $100 in March 2020 could buy 0.02 btc then. In March 2021, $100 will be $1,200, and in March 2022 $100 will be $800. Then how can you not imagine the potential profits that could be made in the years to come with that $100 if bitcoin hit ATH again or went up to $40K or $50K?

People don't have to be too greedy about investing, they just do it for whatever they can afford to lose. $100 could become $200 if the bitcoin price doubled from now and that is a possibility that can still be believed to be achieved this year and years to come.

[ireor]

I guess it is dependent on the importance of the amount to you at the moment, I would say if you don't need the money for a very long time, then invest in Bitcoin and wait for the bull market, it will give you probably an easy 100% return, but if you want to get some quick bucks of profits, then you can invest it in some stocks by doing intra-day trading, although I guess you would need expertise for that. If you don't need the money in the immediate future, I would say go for Bitcoin and wait a couple of months

[Vvang]

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

[kamvreto]

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

its that true?
you may just see the profit someone makes holding a $50 shiba inu which will then be worth $5000 in just a few days.
Of course it won't be that easy. try to read some news that suffered a lot of losses due to shitcoin, or look at the LUNA crash that made its holders very poor by losing millions of dollars.
It's not easy to get bigger profits with only $100, not many options to choose from, it's just a matter of luck. Bitcoin is still the best and cannot be compared to some shitcoins. Altcoins don't hold the key to big profits, but the real key lies in Bitcoin, as everything hinges on the movement of Bitcoin.

[_BlackStar]

Bitcoin is still the best and cannot be compared to some shitcoins. Altcoins don't hold the key to big profits, but the real key lies in Bitcoin, as everything hinges on the movement of Bitcoin.

But in reality there are quite a number of people who prefer altcoins over bitcoin ^{[especially small investors]} just to maximize their good profit potential. Now imagine how this market is correlated between bitcoin and altcoin, and not everyone should believe in bitcoin while they will ignore all altcoin from their portfolio.

It is true that bitcoin is an example of the best investment asset among crypto today, but if you want to make a good return on a small investment then potential altcoin can be your alternative of choice. It's up to how people react, in fact you are the first to experience losses and profits from your investment.

[dataispower]

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

When you are investing for any of the coins you mention, it is the only your research will tells you the coin that you will invest. $100 can give you a bigger value in Bitcoin why in altcoin the value provided in Bitcoin can be multiply into three in altcoins. So the investment that will give you a proper benefit from cryptocurrency, should be the one that I have the higher ratio but what investors consider for cryptocurrency investment is the coin that they have higher potential in the society, as a newbie who is new to crypto investment should we start the investment with the Bitcoin instead of altcoin because altcoin are not recognised why bitcoin is well-known to the society but the market variation discourage people not invest for Bitcoin.

[ShowOff]

It is true that bitcoin is an example of the best investment asset among crypto today, but if you want to make a good return on a small investment then potential altcoin can be your alternative of choice. It's up to how people react, in fact you are the first to experience losses and profits from your investment.

Exactly, I agree with that opinion. I am not the only person who believes in the potential of altcoins like BNB, ETH or others. I have several altcoins in my portfolio as a way to diversify assets, of course it would be useful although altcoin price trends are very dependent on bitcoin trends.

However, beginners in the investment field should be more accustomed to choosing safe assets such as bitcoin compared to altcoins, they should not gamble by choosing non-potential altcoins but of course they must be patient to get profits. They just have to believe that in the long term, that $100 will be a lot more.

[kamvreto]

Bitcoin is still the best and cannot be compared to some shitcoins. Altcoins don't hold the key to big profits, but the real key lies in Bitcoin, as everything hinges on the movement of Bitcoin.

~snip~It is true that bitcoin is an example of the best investment asset among crypto today, but if you want to make a good return on a small investment then potential altcoin can be your alternative of choice. It's up to how people react, in fact you are the first to experience losses and profits from your investment.

What are the potential altcoins? I'm just here to say that Shitcoin is the worst, big returns but also with greater risk of loss. Many people are trapped and cannot recover. I also believe in potential altcoins like BNB, ETH, SOLANA, XRP, ADA, Polkadot etc. Everyone's opinions and reactions are different, the investment we make is our own responsibility, not someone else's.

[Franctoshi]

though i'd not advise people to expect their money to double/triple, of course it can obviously happen, but that could make them expect too much and prolly fall under pressure in the short term if Bitcoin isn't do well at that time.

Sure!, You're right but if they can stomach the volatility of Bitcoin and zoom out , because the volatility is really what is going to bring them under pressure within this time period /years of waiting on the sideline, hence focus on the future price of Bitcoin in that minimum 4 years time period and with halving cycle backing it up, it's historical in the data that the price of Bitcoin have repeatedly surged even more than the double or triple in the price I made mention.

[Frankolala]

Yes its a good start,but know you must invest in a long term one.you should also don't think you have invested just take your mind of getting profit from it as the price goes up and down.Bitcoin is cheap now so the ealier the better.The days and the years runs fast before you know its 5 years time.

[tvplus006]

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

Yes, in this case, when the OP has only $ 100 to invest, you need to pay attention to new altcoins. The risk of losing money in this case is very high, but it is limited to only $ 100, but in this case there is a chance to increase your deposit by 10-100 times. Given the fact that the OP does not have the knowledge to choose a coin for investment, it will be like a casino.

[Frankolala]

Its a good start but it must be a long term one. You should also don't think you have invested just take your mind of making profit,because the price is going down presently so I will say the earlier the better as it is cheap now compare to the next five years.the days and years are fast coming.

[jamyr]

In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?

It might pay off or not. If you tend to make that $100 worth of BTC idle, that is a good choice., Another option with significant risk/reward ratio and a good place where you can invest your $100 worth of cryptocurrency is at Bitvest.io .
The minimum amount of BTC you can invest is 0.002

more information about this :
https://bitvest.io/investing

[Raflesia]

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

Yes, in this case, when the OP has only $ 100 to invest, you need to pay attention to new altcoins. The risk of losing money in this case is very high, but it is limited to only $ 100, but in this case there is a chance to increase your deposit by 10-100 times. Given the fact that the OP does not have the knowledge to choose a coin for investment, it will be like a casino.

If you don't have knowledge about investing in new projects, then for the OP the alternative is investing in bitcoin even though the profits will not be comparable to new altcoins but the potential for losses is very small, we should be able to avoid as much as possible from big losses then do it on Bitcoin.
For me the new altcoins are hard to choose which one will be 10-100x but on average is a big loss on new altcoins.

[Gosgosking]

100$ is good enough to invest in crypto project, some people invested 50$ in Shiba inu at early stage and it turned into thousands of dollars, if this is what you seek for you won't be getting from Bitcoin that's a bitter truth that many aren't telling you, altcoins hold the key to massive profits than Bitcoin.

Yes, in this case, when the OP has only $ 100 to invest, you need to pay attention to new altcoins. The risk of losing money in this case is very high, but it is limited to only $ 100, but in this case there is a chance to increase your deposit by 10-100 times. Given the fact that the OP does not have the knowledge to choose a coin for investment, it will be like a casino.

Investing Altcoins can yield profits but the risk involve in investing altcoins is so high.  The truth is that not altcoins are productive,  I know of many shit coins I invested to make quick profit but at last the coins did not add value .

[AakZaki]

Back in 2020, $100 in March 2020 could buy 0.02 btc then. In March 2021, $100 will be $1,200, and in March 2022 $100 will be $800. Then how can you not imagine the potential profits that could be made in the years to come with that $100 if bitcoin hit ATH again or went up to $40K or $50K?

People don't have to be too greedy about investing, they just do it for whatever they can afford to lose. $100 could become $200 if the bitcoin price doubled from now and that is a possibility that can still be believed to be achieved this year and years to come.

That's human beings let alone beginners. They just want the beautiful. $100 is a lot of money, not losing with that money is a good move. They are too thinking about how to make an advantage. But they don't think how they don't lose capital, and leave profit money for trading.
A beginner should learn that. They should be aware of how great the risks of trading are. They must understand managing their funds. If they learners should be ready to lose money and ready to return their lost money. The point is that they must learn, survive and dare to lose.

[Bhig Daddy]

Well it a good thing, that if your are investing it on bitcoin, with the current downsize of market it not a bad idea but that only if you are willing to be patient enough to wait because with the current situation of the market you it might take months over month before your investment could yield. So it a good way to start as a newbie only if you can be patient enough.