The very worst part of an investor or trader that has a low budget.

[betswift]

When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

I totally up this up.
At least there would be more chances for growth if the coins chosen were credible and reliable..

[Silberman]

When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

There is no strategy that can be used in every single scenario, diversification makes sense if you already have a high level of capital, but for someone with just 100 dollars in their pocket, it makes no sense to invest in 10 different assets dividing their capital equally between them, just think about the fees you will have to pay to move your coins, and if we add that during the bull run the transaction fees goes up, it is even likely you could not move those coins as the fees are higher than that, so in that case, investing those 100 dollars in a single project makes more sense.

[stomachgrowls]

When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

There is no strategy that can be used in every single scenario, diversification makes sense if you already have a high level of capital, but for someone with just 100 dollars in their pocket, it makes no sense to invest in 10 different assets dividing their capital equally between them, just think about the fees you will have to pay to move your coins, and if we add that during the bull run the transaction fees goes up, it is even likely you could not move those coins as the fees are higher than that, so in that case, investing those 100 dollars in a single project makes more sense.

You will be able to find out for yourself on how you would really be able to find out that it doesnt make sense on trying to divide that hundred bucks across different coins yet maker and takers fees will definitely be hurting up your profit, not unless if you do make out some big gain trades then its possible but if not then you would surely felt those fees or deductions. It do really sucks when you do have that small capital
because it will really be that limiting out on the actions that you could make because of that smaller capital but on the moment or time that you do acquire such skills then it will really be something that
give out that kind of advantage at least on trying to make those capital even more bigger. You can start small and on the time or moment that you do have that good grasps towards the market then this is where you would be deciding on having that compounded profits until the trading capital you make it much bigger.

Easy to say but its actually that hard to be done but its not something impossible. It will really be that just depending on how you would persevere yourself on dealing up with trading.
If you would really be that serious then you will be having that kind of approach on trying out to learn everything.

[Catenaccio]

Easy to say but its actually that hard to be done but its not something impossible. It will really be that just depending on how you would persevere yourself on dealing up with trading.
If you would really be that serious then you will be having that kind of approach on trying out to learn everything.

People need to start with things that are safest and have highest probability to help them gaining profit. Because if they get profit, increases their capital and portfolio value, get richer, they will have better mentality for next steps. In contrast if they get losses, their mentality will become worse and it will be start of worse things and more bigger losses.

So between investment and trading, let's choose investment, a safer one to success.

Invest in Bitcoin, hold it, it's safer than trading and you will get profit by holding. If you can not get profit by holding, it's nearly impossible for you to get profit by trading, as a newbie in this market.

[FortuneFollower]

Easy to say but its actually that hard to be done but its not something impossible. It will really be that just depending on how you would persevere yourself on dealing up with trading.
If you would really be that serious then you will be having that kind of approach on trying out to learn everything.

People need to start with things that are safest and have highest probability to help them gaining profit. Because if they get profit, increases their capital and portfolio value, get richer, they will have better mentality for next steps. In contrast if they get losses, their mentality will become worse and it will be start of worse things and more bigger losses.

So between investment and trading, let's choose investment, a safer one to success.

Invest in Bitcoin, hold it, it's safer than trading and you will get profit by holding. If you can not get profit by holding, it's nearly impossible for you to get profit by trading, as a newbie in this market.

Yeah, the BTC is the safest choice out there.
No nerves, no panic, cycles change each other and eventually lead to the break of the ATH, sometimes sooner, sometimes later, but it doesn't change the trend and the faith the community has for BTC and what it stands for.

[betswift]

When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

There is no strategy that can be used in every single scenario, diversification makes sense if you already have a high level of capital, but for someone with just 100 dollars in their pocket, it makes no sense to invest in 10 different assets dividing their capital equally between them, just think about the fees you will have to pay to move your coins, and if we add that during the bull run the transaction fees goes up, it is even likely you could not move those coins as the fees are higher than that, so in that case, investing those 100 dollars in a single project makes more sense.

Let's face it - what you would be able to get from $100 in best case, if we talk about it for real?.. 

[EarnOnVictor]

I see a lot of people now a days knows about crypto and become interested on it something like they wanted to invest into it and it is so easy for them specially when they have a lot of money they can invest in different coin that they wanted and hold, while we as a crypto lover from a long time ago until present wanted to invest but short on budget has nothing to do with the coins that we wanted to buy,the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

I've missed a fortune if it is about missed opportunities of the past, that is why we should have enough money to do whatever we want to do. I missed a lot of crypto assets' investments in 2023 and even this year, I would have known they would buy but due to lack of extra capital, I would miss them. Some rose even more than 10x, while the most are the ones that regularly buy back after some initial massive selling and they could have handed me about x4 in RIO this year. Regardless, I've trained myself to let go, we can't own everything and so long as we are not without any investment, we should be contented and pretend as if such opportunities never existed to avoid them infesting our minds.

[bias]

When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

There is no strategy that can be used in every single scenario, diversification makes sense if you already have a high level of capital, but for someone with just 100 dollars in their pocket, it makes no sense to invest in 10 different assets dividing their capital equally between them, just think about the fees you will have to pay to move your coins, and if we add that during the bull run the transaction fees goes up, it is even likely you could not move those coins as the fees are higher than that, so in that case, investing those 100 dollars in a single project makes more sense.

The numbers are purely hypothetical. Even if you put $100 in a coin, it's not enough for trading, perhaps as an investor type of "buy and forget" it can be "something".
But diversification doesn't mean 10 different assets. It can be 7, 5, or 3, as long as your funds are not exclusively in one and only. For me, diversification always worked and produced more. If I were putting all my funds in one asset, I would most likely be "dead gone". Of course, BTC is excluded from this conversation.

[benalexis12]

Money is the solution for every problems.

Only few are previlaged to have such cushion of starting with big capital but remaining 90 or 80% of people started small and over the period of time you will eventually turn it to big. And you said in crypto for very long so if you tried to accumulate small amounts every month via DCA then you would be already having decent money under your portfolio instead of blaming that I am not rich or whatever.

There's always some way.

If we are going to look at it in general, money is not always the solution to all problems, remember that. Now, if we talk about the crypto industry, obviously this is really money involved and second is that if you don't have money, you can also get profit here in crypto via bounties, airdrops, skills and staking/farming in which it needs money of course.

Now, we know that most of the advantage is always in the big ones who are paid in the company or people who have businesses. But for ordinary regular employees, it will be a bit difficult, especially for those who don't have resources.

[boty]

Money is the solution for every problems.

Only few are previlaged to have such cushion of starting with big capital but remaining 90 or 80% of people started small and over the period of time you will eventually turn it to big. And you said in crypto for very long so if you tried to accumulate small amounts every month via DCA then you would be already having decent money under your portfolio instead of blaming that I am not rich or whatever.

There's always some way.

If we are going to look at it in general, money is not always the solution to all problems, remember that. Now, if we talk about the crypto industry, obviously this is really money involved and second is that if you don't have money, you can also get profit here in crypto via bounties, airdrops, skills and staking/farming in which it needs money of course.

Now, we know that most of the advantage is always in the big ones who are paid in the company or people who have businesses. But for ordinary regular employees, it will be a bit difficult, especially for those who don't have resources.

It is true that not all problems can be solved with money, but at least with the large amount of money we have, some of the problems we face can be solved with the money we have. Regarding crypto, of course, money is needed to be able to make a profit from it and we will be able to make a profit from it either through trading or investing and as you said, it is also true that we can get crypto through bounty, but we must also have knowledge in this field so as not to make mistakes that cause us to lose the money we have after buying crypto assets. Those who have large funds are certainly very easy for them to make big profits and if someone has small capital, of course they must have patience so that they can achieve like those who have large capital to make a profit from it.

[hyudien]

Indeed, if we think like that or look at a situation like that, then we might feel a little jealous. This is a very natural thing as a human being who has minimal capital. However, it doesn't matter when we make it a motivation for us. with effort and hard work, then we can also get benefits even though not as much as what people who have more capital get. But I feel it myself now, even though I moved from the very bottom, slowly I can feel something that makes life better, especially from the financial side. When there is a will, then anything can happen. We must do it tirelessly.

Feeling jealous about others victory or the quantity of money that they have isn't a good habit to have. We don't know how they made their money hence we don't have to be jealous of them because what they have gone through, many of us won't want to go through that process to get the money that they have. Rich people make alot of sacrificed hence when we seen them successful we shouldn't feel jealous but work on trying to be rich like them too. With your low budget, keep trading and having better plans for yourself and you will be like the rich one day. After making profits, don't squander the money but invest it back into your trading or other investments that can give you profits without you risking too much that can make you to lose all your money. What matters more when trading is the experience that you gained because with that, you can make more profits in the future.

I totally agree with that, that's why I also said it could be a good thing when it becomes motivation, and it would be bad when we are just jealous without doing anything. Looking down to make us grateful and looking up to make us motivated.
I can understand what you mean, but personally I also find it difficult to distinguish whether it is jealousy or something similar. That's why I prefer to be honest rather than having to say I'm just motivated, when in fact it is a form of our jealousy.
Well, as long as we become more enthusiastic, I think that's fine. What we shouldn't do is disturb them. I think you understand what I'm saying.

[$weetne$$]

But diversification doesn't mean 10 different assets. It can be 7, 5, or 3, as long as your funds are not exclusively in one and only. For me, diversification always worked and produced more. If I were putting all my funds in one asset, I would most likely be "dead gone". Of course, BTC is excluded from this conversation.

Diversification will not be investing into different coins because you can get the same profits and a more secure one from just investing in one coin and that coin is Bitcoin. Diversified into different assets from different sectors and different market to help you when the price of cryptocurrency is down. Even though we are in the bull market, there is going to be times when the market is down and you are not meant to sell anything during this time even though you need cash therefore if you had other investments, that is the time when you can sell some part to keep living with your hopes being on your investments in cryptocurrency to give you enough money to cover up the losses from the other investments when you have already finish your emergency money.

[Baki202]

Theirs no cryptocurrency investor that doesn't know when to invest and when to look after market, even though you don't have capital to invest that moment and you have see coin you like to invest, you can invest on the coins directly by selling your coin and purchase the new one, so I believe that in cryptocurrency investment someone have interest on other coins has other investment already, so rich people also have the same pain you're emphasizing on, but what I know quite well is that anyone who is cryptocurrency investor have so many coins it invested on, when exchange list a coin it can swap to the new coin that it wants or needed mostly, but a process whereby you're not a crypto investor you can't be able make such instant swap.

If you are an investor then you should be calculative of all the periods that you will be able to invest and the moment you have already invested it will make everything very easy for you, and that is why you need to have knowledge of what you are doing and in the process of acquiring you will be able to know when exactly to invest or not and sometimes I even feel that the capital is more important than knowledge because after the knowledge and you don't have capital then they are all useless the best thing I will do is to get capital then next I will get the knowledge to make things easy for you.

If you are able to sell the one you have to make a high profit then you can go for other coins, people don't want to rely on one coin and I don't blame them you have to know how to take advantage of the market because every coin have their own potential, the market is alway open and you have to be the one to choose wether you want to invest in a particular coin or not and your research will determine which one you are going for, and that is why you have to take your research seriously before investing.

[tvplus006]

...But diversification doesn't mean 10 different assets. It can be 7, 5, or 3, as long as your funds are not exclusively in one and only. For me, diversification always worked and produced more. If I were putting all my funds in one asset, I would most likely be "dead gone". Of course, BTC is excluded from this conversation.

Diversification assumes that you will invest not 10 different tokens, but in 10 different projects. And only 1-2 of which are related to cryptocurrency. And only 1-2 of which are related to cryptocurrency, while other investments were made in securities, real estate, gold, etc.

[retreat]

-snip- the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

Why is it a problem? One can start investing with accumulation or DCA and start buying in small amounts according to their budget. No need to wait until you have a lot of money just to invest, just start buying in an amount that suits your budget and do it consistently until your goal is achieved. Because now many investors regret not buying from the start just because they saw the price of Bitcoin was high, even though it was affordable if they bought in smaller amounts.

[South Park]

-snip- the very worst part is when we see the coins that we wanted to invest is rising.Rich people can't feel this pain and i am sure that they cant relate this problem about  money.

Why is it a problem? One can start investing with accumulation or DCA and start buying in small amounts according to their budget. No need to wait until you have a lot of money just to invest, just start buying in an amount that suits your budget and do it consistently until your goal is achieved. Because now many investors regret not buying from the start just because they saw the price of Bitcoin was high, even though it was affordable if they bought in smaller amounts.

It is clear that it is a problem for the OP, as they are not happy that those that have more resources can afford to put their plans in action with ease, while they cannot do the same, but it is a waste of time to think like that, because as long as a person got their money in a legal fashion, there is no reason to criticize them over it, what they need to do is to forget about what others are doing, and concentrate on what they can do to increase the capital they can invest on this market.

[stomachgrowls]

Easy to say but its actually that hard to be done but its not something impossible. It will really be that just depending on how you would persevere yourself on dealing up with trading.
If you would really be that serious then you will be having that kind of approach on trying out to learn everything.

People need to start with things that are safest and have highest probability to help them gaining profit. Because if they get profit, increases their capital and portfolio value, get richer, they will have better mentality for next steps. In contrast if they get losses, their mentality will become worse and it will be start of worse things and more bigger losses.

So between investment and trading, let's choose investment, a safer one to success.

Invest in Bitcoin, hold it, it's safer than trading and you will get profit by holding. If you can not get profit by holding, it's nearly impossible for you to get profit by trading, as a newbie in this market.

Yeah, the BTC is the safest choice out there.
No nerves, no panic, cycles change each other and eventually lead to the break of the ATH, sometimes sooner, sometimes later, but it doesn't change the trend and the faith the community has for BTC and what it stands for.

There's no such thing about being safe if we do speak about Bitcoin investment or anything here on crypto space but somehow if we do speak about lesser risks then this is something that pertains about taking up
Bitcoin investment among other coins or tokens in the market. There were really that those who are really that risks takers on which they do love to deal up with those other options on which they do know that they could really be able to obtain it out when dealing up with crypto. There are those individuals who are really that not be able to bare up with the risks that they could take when it comes to crypto investment.
Also, when dealing up with investment then not all does have that kind of big capital on which they could really be able to have because when it comes to financial capacity then not all would really be having that
kind of similar budget or allocation when it comes to crypto investment.

If you do find yourself having that less capital then better to make out some compounded interest on which it will really be able to build up overtime. Dont rush up yourself because it will really be that basically
that having that kind of issues on which it will really be leading up to desperation on which it will really be resulting into that carelessness on the trades you are indeed making.

[shinratensei_]

When you have low budget, you don't have any business with many coins. Just buy one coin and leave your faith to that coin and if it grow well with profit

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

is that really true though? diversifying $100 to 10 coin, just feels like a lot of headache just probably for $3 gain in 30% price increase.
instead if you don't diversify you can spare yourself of headache and still profit, I mean most alts rally in unison anyway, if it dumps all dumps and if it rise all rise so I think at this point diversification is just waste of time.

I prefer diversification when the money is already huge enough like $100k ++ then we could diversify to crypto and to other asset, diversification in alt for the most part, is just waste of time.

[fuguebtc]

That's not a good strategy. You always diversify your investment funds, no matter the amount of them. It's better, in any term, to put in 10 different assets $10 in each asset, rather $100 to just one.

is that really true though? diversifying $100 to 10 coin, just feels like a lot of headache just probably for $3 gain in 30% price increase.
instead if you don't diversify you can spare yourself of headache and still profit, I mean most alts rally in unison anyway, if it dumps all dumps and if it rise all rise so I think at this point diversification is just waste of time.

I prefer diversification when the money is already huge enough like $100k ++ then we could diversify to crypto and to other asset, diversification in alt for the most part, is just waste of time.

Overall, diversification has both advantages and disadvantages, it is not as perfect as we imagine . It can help us reduce risk but it can also reduce profit because not all coins have the same increase when the market is bullish .


In case our capital is only 100$ or 1k$, putting eggs in many baskets (altcoins) is really a bad idea because it will limit us from achieving maximum profit and at the same time does not help us minimize risks .  Since the entire altcoin market will fall if bitcoin falls I also disagree with this strategy .

Also, diversification is only true when we invest in unrelated assets , if we invest all our money in crypto (bitcoin and altcoins) only , I wouldn't call it true diversification .

[CageMabok]

Yeah, the BTC is the safest choice out there.
No nerves, no panic, cycles change each other and eventually lead to the break of the ATH, sometimes sooner, sometimes later, but it doesn't change the trend and the faith the community has for BTC and what it stands for.

People who have seen how Bitcoin performs in the market from each cycle and trend will certainly never be nervous and panic in buying Bitcoin and storing it for the long term. Because it can also be used as a handle for investment even though there are also many traders who use it in trading just to get profit every week. But I recommend saving Bitcoin and only trading others so that the profits we get from other things can be used again to buy Bitcoin so that we can get profit from several aspects every year.