A Warning to Every New Crypto Trader (My $100 Story)
Don't make the same mistake I almost did! When I first started with my modest $100 portfolio, all I saw were charts with green candles going to the moon. I was about to YOLO into a random meme coin that promised 100x gains overnight.
Then I paused.
I realized that chasing the hype is the fastest way to lose your capital. So instead, my strategy is simple: Patience and research.
My first move with my $100 is not to chase a pump, but to start with the giants. I'm building a small position in Bitcoin and Ethereum using a dollar-cost averaging (DCA) strategy.
Why?
Stability: They are the foundation of the crypto market.
Long-Term Potential: They have a proven track record.
Risk Management: It’s a safer way to get my feet wet before exploring altcoins.
My challenge to you: What's the one mistake you made when you first started? Or if you're new like me, what's your first move? Let's learn from each other in the comments!