In the last quarter of 2022, I entered the cryptocurrency field with my first deposit of $20, which I divided between BTT and Shib. I remember that I was then at a gathering with friends, so I stepped aside to look for resources and books in the field, and I found the book 'The Bitcoin Standard' by Saifedean Ammous. I started reading it immediately, and within a few days, I finished it.
As one author says: 'Those who read a good book in the field they wish to learn are as if they have opened a part of the world that was isolated from them,' and this is exactly what happened to me. I learned about the history of money and currency and the gold standard, understood the negative effects of currency backed by central banks, and how Bitcoin defied all known traditional financial assets throughout history; central banks continually print more currency, which diminishes its value, and even gold - which is considered a safe haven in crises - increases in supply due to mining. But Bitcoin is an asset that cannot exceed a supply of 21 million coins at all; rather, it decreases over time and becomes scarcer, making its value higher in the future.
When I started with this small amount ($20), I heard different theories from friends and acquaintances; some said that cryptocurrencies are profitable, but they require a large capital of at least $5000. Others advised me to invest only $100 in a 'meme coin', and it would drop three zeros and turn into $100,000! But the irony is that the likelihood of such a thing happening is very slim, possibly reaching 0.000%, and one might live on this naive hope.
The important thing is that I continued my path despite all these circumstances, so I added another ten dollars, then the days went by, until I later invested hundreds of times this amount. Today, thanks to the bull market, my portfolio is rising by thousands of dollars, but in strong corrections, as an investor, I could lose more than my financial income for two years!
The truth is that the cryptocurrency market is not a fast track to wealth as some perceive, but requires continuous learning, discipline, asset allocation and diversification, in addition to conscious risk management.
Do not wait for the right capital; because you may never get it. Start today with what you have, you will earn and lose and learn, and over the days your assets will grow and your experiences will accumulate.