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RE: Introduction/Missed Opportunities: How to not become a (bitcoin) millionaire.
But what If you start with little capital? Its diversifying still good?
But what If you start with little capital? Its diversifying still good?
That's the advantage of this new world: Low transaction costs (let's ignore BTCs current state ;)
You can take $100 and divide them among... let's say 5 coins/tokens. Buying 5 different stocks would eat half that sum, exchanging coins willl not. Over time you can switch coins or expand your portfolio, all at a small cost.
Also, searching for something to diversify into, you'll automatically learn along the way, wether you invest or not. Can't go wrong with that ;)
Now that you say it it makes more sense.
I started investing with a 220$ and now I am up to 950$
And all of it was from diversity and HODLing through tough times
Good job then. Keep it up :)