Is getting into crypto with very small amounts practical?

>>3294398

I bought 50 units of ANS for $80.

>>3294398
Do some research and decide for yourself

>>3294398
The fees will eat you $10 up. Save till you have $50 or soeven. Maybe you can make $100 out of it or even $200 if you're lucky but don't expect to get rich of that sum

>>3294398
No offense mate, but if you seriously need help with a decision like that, you should stay away from crypto. Or any form of investment. it's the equivalent of asking whether you should open a savings account or if it's too late. Sans the risk question.

Read up on investment 101 and come back if you've answered the fundamentals for yourself.

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>>3294405
not bad

>>3294602
This is exactly why I asked. Crypto is black magic to me. Thanks.

>>3294398
I turned $200 to $11k in 3 months.
You can do it anon

>>3294657
Also, if you dont know jackshit about crypto, you are gonna get raped chasing pumps in the first day.
Learn before you jump in.

>>3294730
LIAR.

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Started with 50 month ago when bitcoin cash was mooning. There was moment when i could sell bitcoin cash and get +30 profit but made mistake and keep waiting till it will rise more. Later deposit +100. So now have +20 profit. Idk still learning how to do all of this. Planning later invest more money. Actually I did many mistakes and could have way more than having now. But I think I getting it. Bought ripple for long term holding and LTC for short

>>3294398
Rob a petrol station nerd

yes it is, especially with small amounts. be prepared to do a lot of research tho

>>3294398
$100 initial investment with 5% growth everyday will become $5b in a year.

>>3296359
Good luck getting 5% a day consistently

>>3294398
Don't listen to anyone . You should always start with a small amount if you want to be a trader. With small amounts you'll make mistakes and learn from it. With big amounts one mistake and you'll start posting pink feelmen. Additionally seeing $10 becoming $1000 is far more satisfactory than seeing $1000 becoming $2000

>>3294398
Yes. I originally bought just $50 of bitcoin btc because I was broke. Just HODLed and kept adding small amounts whenever I could afford it. Currently that's worth a top spec Tesla Model X with all bells and whistles.

>>3294398
If you had a single bitcoin at the beginning of this year, you would have made an average of $15.73 extra per day or $3822.39 just by sitting their and doing nothing. HODL.

>>3294398
Maybe it would be better to accumulate 10 every week, wait for a dip and then invest them.

>>3294398
I have very little money and started out with 10. Then I put 10 in every few weeks, made a few mistakes but I'm up about 80% in my total portfolio. There where times in the beginning when I was down the same though. I'd say 10 is a good place to start but I don't know if you can afford to lose it.

>>3294398
Cost average isn't a bad idea but I'd see if you can find a place where fees wont eat a big portion of that up.

>>3294398
very practical, I turned my $3.50 into 7.2 million USD in just under 2 years.