Can retail investors with a small capital enter the cryptocurrency market for spot trading?
My advice to you is that with a small capital, retail investors should not diversify too much by buying this and that, as it will further reduce your capital size. You should invest all your funds in one cryptocurrency to amplify your returns. Once your capital grows, you can gradually diversify your investments to mitigate risks.
Based on the current market situation, you have two paths to choose from:
1. On-chain opportunities
Deeply research the first-level market of meme Solana chain or Ethereum chain.
Understand their trends, narratives, and communities. When you are particularly optimistic and certain, you can invest all your funds. This strategy is more suitable for the Ethereum chain, as it involves bottom-fishing and picking up undervalued assets, with a low probability of losing money. Remember, this strategy should not involve chasing highs.
2. Secondary altcoins
Buy currently trending narratives in altcoins that have not yet exploded.
