Invest less in Cryptocurrency or not??

[Nheer]

Lol Lack of knowledge and experience will lead to this. Many newbies who are always in rush for profit always end up this way and also many investors which lack patience and knowledge about what he/she is investing in. A lot of new investors do make this mistakes before taking the rightful part cause they always rush and try to move things fast with perfect knowledge or seeking help fe experienced and long term successful investors. Things could just rockets science, lol as Dr.Bitcoin_ strange said.

Well, looking at it from a different angle, it’s really not a big deal for newbies to make certain mistakes in the crypto space, since they’re are still relatively new to the space, and that’s why newbies must prioritize seeking after knowledge about the field, because that’s the only way they can at least guard themselves from constantly making such mistakes in the space. Equipping themselves with the right knowledge helps investors make better investment choices that’ll also help them protect their assets.

In my opinion, it is better to try directly by trying with the smallest amount and if there is a mistake that occurs, we can find out why we were wrong and not do it for the umpteenth time with the next attempt. But to want to learn first, so that you can know the basics is also, very good if you want to start, it all depends on the individual's readiness for which one to use because I think all of them are equally good.
Indeed, if you make mistakes continuously, it is certainly not good for yourself because it can make you frustrated.

Trying with little value will definitely reduce your chances of risk and loss and having a perfect and reliable source of knowledge will help you a lot and ease your chances of success. But you having a better understanding and knowledge about what you are doing will ease task for you and help in getting better results than a person without any basics or knowledge. But for a start a little amount will be advisable to reduce the loss and increase experience and improve understanding.

[lepbagong]

Lol Lack of knowledge and experience will lead to this. Many newbies who are always in rush for profit always end up this way and also many investors which lack patience and knowledge about what he/she is investing in. A lot of new investors do make this mistakes before taking the rightful part cause they always rush and try to move things fast with perfect knowledge or seeking help fe experienced and long term successful investors. Things could just rockets science, lol as Dr.Bitcoin_ strange said.

Well, looking at it from a different angle, it’s really not a big deal for newbies to make certain mistakes in the crypto space, since they’re are still relatively new to the space, and that’s why newbies must prioritize seeking after knowledge about the field, because that’s the only way they can at least guard themselves from constantly making such mistakes in the space. Equipping themselves with the right knowledge helps investors make better investment choices that’ll also help them protect their assets.

In my opinion, it is better to try directly by trying with the smallest amount and if there is a mistake that occurs, we can find out why we were wrong and not do it for the umpteenth time with the next attempt. But to want to learn first, so that you can know the basics is also, very good if you want to start, it all depends on the individual's readiness for which one to use because I think all of them are equally good.
Indeed, if you make mistakes continuously, it is certainly not good for yourself because it can make you frustrated.

Trying with little value will definitely reduce your chances of risk and loss and having a perfect and reliable source of knowledge will help you a lot and ease your chances of success. But you having a better understanding and knowledge about what you are doing will ease task for you and help in getting better results than a person without any basics or knowledge. But for a start a little amount will be advisable to reduce the loss and increase experience and improve understanding.

It is better to start directly or by studying the theory first. In my opinion, it is better to start directly while studying the weaknesses that occur and understand the theory if we can get it. Indeed, not using a large value first short gradually from a, small beginning and if you understand, then increase, it is a good thing in my opinion. But again it all depends on the individual because understanding can be different and trying to adjust to the abilities that we may be able to do,

[Dr.Bitcoin_Strange]

It is better to start directly or by studying the theory first. In my opinion, it is better to start directly while studying the weaknesses that occur and understand the theory if we can get it. Indeed, not using a large value first short gradually from a, small beginning and if you understand, then increase, it is a good thing in my opinion. But again it all depends on the individual because understanding can be different and trying to adjust to the abilities that we may be able to do,

I totally agree with you!
Learning is a gradual and continuous process, so if one is waiting to learn every single thing concerning something, whether investment, business or career related stuffs, before getting started, then he might as well just wait for like forever. Having basic knowledge is enough to get started, and then when you’ve started, you can gradually advance in knowledge through experience.

[Azharul]

It is better to start directly or by studying the theory first. In my opinion, it is better to start directly while studying the weaknesses that occur and understand the theory if we can get it. Indeed, not using a large value first short gradually from a, small beginning and if you understand, then increase, it is a good thing in my opinion. But again it all depends on the individual because understanding can be different and trying to adjust to the abilities that we may be able to do,

I totally agree with you!
Learning is a gradual and continuous process, so if one is waiting to learn every single thing concerning something, whether investment, business or career related stuffs, before getting started, then he might as well just wait for like forever. Having basic knowledge is enough to get started, and then when you’ve started, you can gradually advance in knowledge through experience.

Investment is one of the best profitable source in cryptocurrency market. I think that it will be best earning way in future. But if we follow in cryptocurrency market, we can see that cryptocurrency market always depending on up and down. So in this time, we should understand in cryptocurrency market. Because if we want to invest in any crypto, then we must understand in cryptocurrency market position. Because we know that down market is very prefer for investment. So at first we should trying to invest in less profit. Because gradually we can understand in cryptocurrency market, then we can invest huge profit in cryptocurrency market.

[Dr.Bitcoin_Strange]

Investment is one of the best profitable source in cryptocurrency market. I think that it will be best earning way in future. But if we follow in cryptocurrency market, we can see that cryptocurrency market always depending on up and down. So in this time, we should understand in cryptocurrency market. Because if we want to invest in any crypto, then we must understand in cryptocurrency market position. Because we know that down market is very prefer for investment. So at first we should trying to invest in less profit. Because gradually we can understand in cryptocurrency market, then we can invest huge profit in cryptocurrency market.

Your advice to start with a small and low profit investment is quite commendable, especially for the newbies. By so doing, one may be able to gain experience and make all the necessary adjustments in their strategy to make sure it suites their investment goals without actually risking too much, plus you get to build some level of confidence in your strategy before levelling up.

[albon]

Even though exchanges are very powerful, hackers can enter our exchanges at times due to their own mistakes. So we always have to be careful and always use exchanges that are more secure. There are many exchanges that do not have very good security, we should try to stay away from them. If we use those that seem safe, our money will always be safe. We face big problems at times due to our own mistakes, so I think we should always be careful to solve these problems.

They pose significant security risks by pooling crypto assets from all users and exchanges become lucrative targets for hackers. As far as i know, binance was the victim of a $40 million hack in 2019 so highlighting the vulnerability of centralized exchanges. When using an exchange for trading, limit the funds of you hold there to what you need for your business. If you want to store large funds for a long time then definitely use hardware wallet. Hardware wallets are the pinnacle of security. They protect your private keys within the physical device so preventing their exposure.

[Gurujebs]

Your advice to start with a small and low profit investment is quite commendable, especially for the newbies. By so doing, one may be able to gain experience and make all the necessary adjustments in their strategy to make sure it suites their investment goals without actually risking too much, plus you get to build some level of confidence in your strategy before levelling up.

I think that this advice is not only for a person that has small capital, it span to any person that doesn't understand how crypto work, this will help you minimize the risk of loss. Something like DCA where you buy small amount at different prices until your capital is all bought or you continue to buy as you have more money in the future, you will see that even if the market dip your loss is going to be minimal.

For example, the market has dip within yesterday and today. We have loss like $10 within this week and I'm sure there is one person that has bought Bitcoin at $100k planing to hold if for long while another person has bought here and hoping it goes down more so they can continue to buy more, that's the advantage of DCA

[Dr.Bitcoin_Strange]

I think that this advice is not only for a person that has small capital, it span to any person that doesn't understand how crypto work, this will help you minimize the risk of loss. Something like DCA where you buy small amount at different prices until your capital is all bought or you continue to buy as you have more money in the future, you will see that even if the market dip your loss is going to be minimal.

For example, the market has dip within yesterday and today. We have loss like $10 within this week and I'm sure there is one person that has bought Bitcoin at $100k planing to hold if for long while another person has bought here and hoping it goes down more so they can continue to buy more, that's the advantage of DCA

You’re absolutely right, those who are relatively new to the world of investment and are still struggling to understand the ins and outs but can’t wait anymore but wish to start can also employ this strategy as it will really help them mitigate the risk of losing money unnecessarily due to ignorance. And yeah, the DCA also has proven to be quite an effective strategy that not only newbies can benefit from but also every other persons in the crypto space that wish to invest for the long term and ride out short term fluctuations and volatility.