It is possible to start investing in cryptos with modest amounts. Wanting a large capital to invest will make you miss out on opportunities.
How to invest with just $100? The strategies to implement and the good practices will be the subject of our article.
Spoiler: I'll tell you how I built my first portfolio with $50 at the end of the article.
When we talk about investing in general, many people think it's a luxury reserved for those who have lots of money. And this mentality is also present in the crypto ecosystem. But let me tell you that this is totally false: you can start investing in cryptos even with $10.
Why is this possible? It's simple: you don't have to buy a whole Bitcoin or a whole BNB. You can buy portions of these cryptos. So, you can buy 0.0001 BTC... But this will only be possible to invest if you have a good strategy, know your investor profile, etc...
👍 How to invest in cryptos with just $100???
✅ Define your investor profile
To do this, it will depend on your capital. We have the secure profile, trader, and a mix of both... For the $100, I take the third one because I will buy and hold some cryptos and do trading to increase my capital.
✅ Do holding
It's about investing for the long term. And if I don't have enough money, I can do DCA over weeks or months.
✅ Do DCA
DCA (Dollar Cost Average) is the act of buying a quantity of cryptos over a given interval. You shouldn't do DCA just any way. For me, for DCA, I say: I buy a crypto for $10 every week. But as soon as this crypto exceeds a price, I stop its DCA and choose another token.
✅ Diversify your investment
I think you have already heard the phrase: "Don't put all your eggs in one basket"? It's the same with cryptos. Don't invest all your money in a single crypto. Create a bag with at most 5 tokens that you trust after your analyses...
✅ Do spot trading
Yes, yes, you are going to do spot trading! Are you scared? I'll explain calmly. Unlike holding, which is keeping your cryptos for the long term, spot trading allows you to buy low and resell in a small interval after a profit. You just need to understand a few concepts of technical analysis. Follow me and you'll have the right notions for trading 😎😎
You see that investing in crypto has never required a lot of money: just having the right methods and strategies.
📌 What you need to remember:
✅ Define your profile
✅ Set up a trading strategy
✅ Diversify your investments
✅ Do intelligent DCA 🤓
✅ Holding, your best weapon
Have you already started or are you waiting for $1,000 to begin?? 😅😅 If you have already invested, how much did you start with???
