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How to start with $100? Don't make these 3 mistakes at all.
Many say, "Bro, I have $100, how do I enter crypto?"
The answer is simple. But if you make these 3 mistakes, $100 will become $10.
Mistake 1: Putting all money into 1 coin.
Along with BTC and ETH, keep 2-3 small caps. Spread the risk.
Mistake 2: Going into leverage and futures first.
Don't go for 10x, 20x with $100. First learn on spot. If you get a margin call, everything is over.
Mistake 3: Buying coins without checking the news.
Don't jump in just because you heard on Twitter or Telegram that "this coin will 100x." Look at the coin's whitepaper, team, and use-case yourself.
So what to do?
Divide the $100 into 50-30-20.
$50 = BTC/ETH
$30 = 2-3 good altcoins
$20 = keep in stable for dips
Be patient. You can't become a millionaire in 1 month. But in 1 year, you can 3x your portfolio.
Learn before investing. Investing without learning = gambling.
#Crypto #Investing #Bitcoin #MoneyTips