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PSA: The vast majority of people who have gained financial freedom through cryptocurrency HAVE invested more than they were willing to lose. Please set realistic goals for yourself.

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by COINS NEWS 99 Views

Just a heads up to anyone who expects to get rich by investing small amounts of money... Bottom line, it's not realistic. Big reward is almost always tied to big risk.

And that's not to say investing small isn't a good reason to invest! If you have 20 dollars in your pocket that you'd like to see grow, then in all honesty - crypto is probably the best way to see larger future returns over any other method....

Hell I got into this game because investing in the stock market was a bit too difficult and overwhelming to get started. Not to mention that in most cases, you need thousands of dollars to open a securities account... With crypto, you don't need to have a large amount of capital to dip your toes, which made it extremely attractive to me.

That said, make sure that you're not buying into low cap shit coins in the hopes that maybe one day it'll moon-shot to BTC's price... If you do want to set yourself up for a more comfortable future, your best bet is to DCA (Dollar cost average) when you can afford to. Put 50 dollars in here and there, whenever you can afford to invest more. This ensures that you're not reliant on the funds you're investing, while at the same time keeping your risk low, and growing your portfolio in the log term.

Remember that investing in crypto is a long game 95% of the time... There are people in this space who have likely been investing before most of us even knew what BTC is, and I'm sure they helped themselves immensely by investing little by little whenever they could...

submitted by /u/clodhopper88
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