A newbie with 100$

[Altryist]

To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.

The first investment is the most difficult, because you always want it to be a successful investment. And if after the bitcoin has been bought, the price goes down, then it is very difficult to accept it and the first thing you want to do is save your money. In this case, understanding the market could help you ride out a difficult period, so knowledge is very important. But in order to have an incentive to gain knowledge, you first need to lose something, before that everyone thinks that he knows everything.

[ajiz138]

To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.

The first investment is the most difficult, because you always want it to be a successful investment. And if after the bitcoin has been bought, the price goes down, then it is very difficult to accept it and the first thing you want to do is save your money. In this case, understanding the market could help you ride out a difficult period, so knowledge is very important. But in order to have an incentive to gain knowledge, you first need to lose something, before that everyone thinks that he knows everything.

It must be accepted that the first investment can be a loss because we don't know how to understand the market so it's only natural that we also experienced the same thing when we first invested in crypto, but we must understand that the bear market is more or less doubted by beginners because they don't know the basic knowledge so often they make mistakes even though they say it will be the beginning of your experience but I think we must be able to go through it all and never be guilty for failing, from that failure we can rise to be better.
And about altcoins hype is something we are seeing today, the important thing is never to be greedy let alone want big profits.

[Finestream]

Good job for being willing to make the first step in investing and the way you understand to invest only the amount you can afford to lose as Bitcoin and cryptocurrencies are still not an easy way to get rich since we really do not know what exactly happens in the future.

So how far can your $100 go? Most people including myself predicted Bitcoin to reach a minimum of $100k in the next couple of years which means your $100 might turn into $500 or even more. Not bad for a $100 investment. You can also learn how to trade if you want to ride with the price swings and profit more.

Provided that your $100 will be good for long term hodling, then definitely it will surely make a big difference when everything in the market turns bullish. And the fact that you invest it in ethereum and bitcoin, you will never go wrong with your investments. And yes, if you also learn to be a good trader later on, you will make a lot of opportunities to earn even from $100 sort of capital.

[erep]

Provided that your $100 will be good for long term hodling, then definitely it will surely make a big difference when everything in the market turns bullish. And the fact that you invest it in ethereum and bitcoin, you will never go wrong with your investments. And yes, if you also learn to be a good trader later on, you will make a lot of opportunities to earn even from $100 sort of capital.

Investing in BTC and ETH is the right choice for beginners because some beginners want instant profits so risking on other altcoins even new altcoins are high risk without proper analytical knowledge, so I support that the OP can maintain his assets for a long term portfolio because top coins take time to reach the highest price.

[Cryptomultiplier]

A newbie with 100$ is as good as it can be. Unless the said newbie happen to have an idea that he/she has been considering for some time now as regards crypto trading or investments, then this is the right place to get informed on how best to multiply the 100$.
All I can say is this, you first of all gat to assume the money is lost already. Then having rid yourself of the fear of losing the 100$, invest in bitcoin for the keeps while you gather more information about trading. There is nothing that is not possible, as long as you can simply try.

[Hyphen(-)]

Investing in BTC and ETH is the right choice for beginners because some beginners want instant profits so risking on other altcoins even new altcoins are high risk without proper analytical knowledge, so I support that the OP can maintain his assets for a long term portfolio because top coins take time to reach the highest price.

Well said, mate; some beginners have the mindset of making 10 to 20X their money in a short period of time, which is not the best way to start an investment.
Bitcoin is an excellent investment, particularly during this bear market, but the OP must be patient and make it a long-term investment in order to profit.

All I can say is this, you first of all gat to assume the money is lost already. Then having rid yourself of the fear of losing the 100$, invest in bitcoin for the keeps while you gather more information about trading. There is nothing that is not possible, as long as you can simply try.

Yes, you should assume your money is gone because Bitcoin and cryptocurrency investment is a very risky investment that requires adequate preparation before engaging in it, and it is always advisable to invest only what you can afford to lose.

[KingsDen]

~snip~$100 will not fly, not in this bear market. Another angle is that if he has the knowledge of trading $100 can give him up to $300 or even $500 before the year was out.

Investing in Bitcoin or Ethereum will give you good gain only during the next bull and I am not sure you won't withdraw the capital before then.

I agree with your opinion, $100 in this bear market will be difficult to double, because the market conditions are not very good. Only people who have good trading knowledge can do it quickly but that doesn't guarantee that there will always be a profit. I trade using $100 when the market is bullish and the altcoins are recovering and it will be easier to get more returns. most importantly don't invest in altcoins that are not clearly progressing even though they get good hype at first. research is needed for that so that it doesn't get stuck on junk altcoins and what's better is bitcoin and ethereum.

Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.

[Myleschetty]

Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.

Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined

[KingsDen]

Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.

Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined

You may be correct, but it depends on the status of the newbie. Some newbies are good traders but newbie to the forum. There's no how you will convince a good trader to allow $100 sit in a particular wallet, waiting for 2024 or 2025 to become $150, never. If the newbie has knowledge of trading, that is the best lane for him to take.

A good trader makes profit whether on bull or bear market. Have you tried trading BTC base on bear, any profit is going to btc whether on green or red?

[Myleschetty]

Some of the advice we give here comes from experience, many people have seen the ups and downs of this market and have gathered some good experience that has kept them going from time to time.
Majority of us will tell him that investing $100 in Bitcoin is the best option, there is no doubt when the newbie invest $100 in Bitcoin, one thing is sure which is; his $100 will not disappear into the thin air. It will increase with time but it might be a very long time.
Most times what bitcoin does for us is to enable our $100 to remain $100 btc even in 10 years time. 1btc = 1btc irrespective of the fiat value.
Btc guides amd protects us from inflation, then if it decides to give us some profits why protecting us, we should be grateful.

Newbie trading during the bear market is never a good idea no matter how small the investment was and it is good for newbies to invest during the bear market than go into crypto trading that's relative to gambling.
$100 in BTC will never remain $100 BTC and based on my learning 1BTC=1BTC idea is to explain that Bitcoin cant be inflated. There will always be 21 million bitcoins ever mined

You may be correct, but it depends on the status of the newbie. Some newbies are good traders but newbie to the forum. There's no how you will convince a good trader to allow $100 sit in a particular wallet, waiting for 2024 or 2025 to become $150, never. If the newbie has knowledge of trading, that is the best lane for him to take.

A good trader makes profit whether on bull or bear market.

Yes, some newbies may be new to this forum while they a pros in crypto trading but I was talking about newbies in crypto trading and you said yourself that there's no way to convince a pro trader to allow his spare fund to just sit in a particular wallet because he's pro and knows the time for the market best entry when it presents itself.
This is never the case for newbie traders and the best thing they can do is buy in this bear market and wait for the next halving because newbie trading in the bear market is risky.

Have you tried trading BTC base on bear, any profit is going to btc whether on green or red?

Yes, I trade but not much trader

[nakamura12]

It depends on the newbie what to do with the $100. If a newbie decided to buy BTC with a $100 then the total BTC that the newbie will get depends on the current value of BTC that he will get. It is true that no matter what the situation is either bear market or bull market 1 BTC is equal to 1 BTC but the value is different. The question is, how patient are you to wait if you hodl your crypto if you bought when it is bear market to bull market or higher than bear market?. In trading, are you willing enough to take risk in trading your $100 for a chance to earn good profit?. I agree what KindsDen have said about newbies joining in the forum.

[russselcarri]

Investing $100 in Bitcoin is a good place to start, at today's price of $21802/BTC will give you 0.0046 btc. The way I see it, don't focus on thre dollar value but rather be focused on the amount of bitcoins you have stacked. You get a good feeling when you hodl a good amount of bitcoins. Buying today is a good investment because you would be buying dip should Bitcoin price fall down further you can still buy more and hodl

I also started with $100. In this field, every day is a starting point, so don't be discouraged. As long as you continue to learn how to strengthen your beliefs in the market changes and don't be greedy for money, you are the winner.

[Boyceed]

This $100 was a new experience for me who was new to the crypto world and a good start. Using it to start investing is not to get more profits, the most important thing is to learn investment experience and strategies from it. It is convenient for less loss when more funds are invested in the future.

[Magic-Money]

To get that amount in the bear market, is not easy, accept by favor in a particular coin that want to show you some love in the crypto market as a long term investors.

[Cookdata]

~snip~So beginners must understand first about market conditions, if it is still difficult, it is better to choose a safe investment, namely bitcoin.
Sometimes beginners just want a quick profit so choosing an altcoin that is currently hype is a trap that will be felt by them.

To find out the market conditions, beginners must know some basic knowledge that needs to be learned before jumping into trading investment. Nothing is safe when the market is bearish, not even bitcoin. Because some beginners when the market is bearish and continues to fall, the desire to sell will be greater because they are not mentally strong. Those who just want to make a quick profit will only be bait in the hype trap of some altcoins. Everyone starts from a beginner, but also must be aware that learning for beginners must be done and it takes a process.

An example of what has been going on in the market is why a newbie asks questions about buying a coin, I always find it within my mind to make it plain they should buy only bitcoin, not because Altcoins are all bad but because it is safer to be in bitcoin as it is always neutral, not centralized, not an entity to any institutions, not a liability to people, even when the market crashes hard, you will always be in the safer hands.

I can only Imagine the advice so many people would have given to Newbies to buy shitcoins(Altcoins) and if they did, thats a lesson for them to learn never to trust altcoins, no matter how solid they are, they are very deadly for portfolios.

[Bhig Daddy]

Since altcoins are dangerous, the majority of the responses you receive here will advise you to purchase bitcoin rather than ethereum. There is no assurance that your investment will increase in value because bitcoin is a volatile asset. Believing that bitcoin is not a get-rich-quick scheme can help you invest. Do not invest more money than you can afford to lose. Will you be able to absorb the loss if the value of your $100 in eth or bitcoin drops?

[erep]

snip
It is true that no matter what the situation is either bear market or bull market 1 BTC is equal to 1 BTC but the value is different. The question is, how patient are you to wait if you hodl your crypto if you bought when it is bear market to bull market or higher than bear market?. In trading, are you willing enough to take risk in trading your $100 for a chance to earn good profit?. I agree what KindsDen have said about newbies joining in the forum.

Besides the price is different but if he buys $100 for BTC at this time it will get more BTC for the portfolio than when the price is high so I also recommend him for long term Bitcoin investment options and I think he has allocated money for those who can afford to lose because $100 is not par high money for investors.

[Altryist]

Besides the price is different but if he buys $100 for BTC at this time it will get more BTC for the portfolio than when the price is high so I also recommend him for long term Bitcoin investment options and I think he has allocated money for those who can afford to lose because $100 is not par high money for investors.

An investment of $100 would be insignificant, and even if bitcoin does x10 after a while, it will only be 1k. This is good if you consider that your investment was able to make x10 but it is bad if you evaluate the investment by the profit received, because it will be only 900 dollars of profit received, perhaps for a few years, and this is not the goal, for which it is worth investing. We need to focus not on a certain amount, but on systemic investment, so that we can invest a certain amount every week or every month, then this can be a good result.