Today, I want to share a question I often get from people who are new to Bitcoin: “How much money do I need to start?” Most people think you need a huge amount of money to get involved in the cryptocurrency market. But what’s the reality? Let’s explore in detail.

Actually, you don’t need too much money to start investing in Bitcoin. Just like stock investing, you can participate with any amount—so even starting with 100,000 VND is enough. I know that the current price of Bitcoin has reached billions of VND, but the interesting thing here is that Bitcoin is divided into 100 million small units called satoshi. In other words, you can buy a very small portion of Bitcoin—even with only 0.00000001 BTC—without needing to buy a whole 1 BTC. Most exchanges only require a minimum of about 5 USD (equivalent to 100,000 VND) per transaction, and that’s the minimum amount you need to get started.

I have a personal example: in 2016, I only started with 10 million VND to invest in Bitcoin. After 5 years, thanks to a strategy of buying and selling different cryptocurrencies, my total assets reached 21 billion VND. So how can you increase your profits from a small amount of capital?

Instead of focusing only on the initial amount, focus on increasing the amount of assets you hold. A simple example: suppose you invest 1,000 USD to buy 0.1 Bitcoin when the price is 10,000 USD. Then, when the price rises to 30,000 USD, you sell and get back 3,000 USD. When the price drops to 15,000 USD, you use that 3,000 USD to buy again—and at that point, you will have 0.2 Bitcoin. By buying low, selling high, and staying patient, your amount of Bitcoin will gradually grow.

In addition, the cryptocurrency market has many other coins with strong potential to increase in value. Some coins can rise in value by hundreds, even thousands of times, in a short period. I have experience with this: in 2019, I used 0.1 Bitcoin to buy BNB. By 2021, BNB had increased 100 times, while Bitcoin only increased 5 times. As a result, my 0.1 Bitcoin turned into 2 Bitcoin. After that, I continued using that Bitcoin to invest in other coins and grow the number of BTC I hold.

Of course, high profits always come with high risks. You need to be careful, have a clear strategy, and you shouldn’t invest based on what other people tell you. Do your own thorough research, understand how the market works, and only then make your decision. The most important things are your patience, your mindset, and your ability to stay sharp. Think of it as a real business—Bitcoin and other coins are like “products” you need to study deeply. Wishing you success and that you earn a lot of money from this promising market!