I started investing recently, I started with a low amount to get a better understanding of the platform. I have a question, for example, I bought XRP for 2.08 and now it is being sold for 2.40, but I invested a very small amount in it, is it worth selling and buying more when it goes down or because it is a low amount, should I keep it and invest more money?
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Look, thinking about $DOGE in 2025 with Trump in the presidency and Elon Musk still sending naughty tweets about the currency, you can imagine a few things:
Positives:
With Trump in power, there could be a boost in the crypto market, since he likes this "disruptive economy" talk.
Elon Musk loves DOGE and, if he keeps promoting it, he can keep the hype going and attract more people.
Negatives:
The crypto market is very volatile, and any statement from Trump (or lack of support) could undermine confidence.
If Elon overdoes the marketing or seems to manipulate the market, he could scare off serious investors.
Finally, in my opinion $DOGE is more about memes and community than solid economic fundamentals, so it will all depend on the mood of the crowd and the market.
#XmasCryptoMiracles I started trading cryptocurrencies recently. I bought some USDC and I'm thinking about a memecoin like Floki and the rest in BTC/ETH to start in a more conservative way while I study this new world of crypto. What do you think?