I am not an investment specialist. So as a trader I also make a mistake when I first start trading. I started my journey as a trader with a few hundred usd. You can't make much money with a few hundred usd by spot trading.
For example You have $100. You buy a coin at a price of $.065 usd.You have 1538.46 coins. It takes time to go for a price $.1 or even sometimes higher. Then you make profit double or triple.
But it will remain $.05 to $.08 for a long time. If you sell at a price of $.07 you get $107.69 usd ( if $.08= $123.07)
But if someone invests $100k they get 1538461.53 coins. He will sell coins at different prices. And make a very very good profit.
And also sometimes coins goes down đ. #Before investing #Do #Your #Own #Research. Invest which you can bear if you lose.
