Seems like a lot of people here are making money trading. But if a newbie is starting with 50 bucks, should they go for established coins like BTC or ETH, or take a shot at some new meme coins like $CARDS or TRUMP? I started with risky ones and it kinda worked, but what do you think?
First off, always grab some bitcoin. If you're gonna invest, start there. When you look at other coins, find those pairs where BTC is involved. Waiting for dips is key too. You want to benefit from Bitcoin's long-term rise while other alts dip.
Starting out, I’d say go slow. Invest in Bitcoin first. It’s safer, though profits might be slow. You could add BNB or ETH later, but memecoins? That’s pure gambling. Your odds of winning are like winning a lottery.
Spot on. No need to rush into trading crypto. It’s a tricky game; you can lose as much as you win. Knowledge is key, but even then, profits aren’t guaranteed. Memecoins are too risky for a newbie.
Depends on what you're expecting. If you're building a portfolio, Bitcoin is solid. But many think altcoins can yield better returns, since starting with only 50 bucks makes BTC pricey.
Are half of us profitable? Who’s spreading that? Seriously, those new tokens don’t look promising. You sound like you just wanna hold. Holding them will probably just lead to losses… so, DYOR won’t really help. Might as well flip a coin.
He’s just talking nonsense. Statistically, only a small fraction of traders are profitable, especially in crypto. Those older coins give you a safer bet if you plan to hold. With new tokens, it's basically a gamble.
True, $50 won’t buy much Bitcoin, but it’s the safest bet. If you’re new, definitely start there. Maybe DCA into some BTC, ETH, or SOL. Just be ready for potential losses with meme coins.
Exactly! With Bitcoin, you avoid those sketchy rug pulls that new altcoins often have. Start with BTC and apply what you learn to other alts later on when you're ready.
If you're a total noob, just buy and hold Bitcoin or stake it while you learn. Jumping into trading without knowledge is like boxing without training. You’re just setting yourself up to get knocked out.
How can you think those new coins are worth it? One’s even called USELESS! I get wanting that big payout, but it's just like playing the lottery. It’s a speculative bet with terrible odds. Not a great career start.
How sure are you that half are profitable? Social media isn’t reality. Many are just pretending to be successful traders when they’re not. If you want to trade with $50, stick to Bitcoin for peace of mind.
If you’re okay with slow gains, just go for Bitcoin. Don’t split your investment; $50 is too little. Wait and watch for growth instead of touching it constantly.
With these choices, it seems like you’re more into investing than trading. You gotta DYOR regardless, but memecoins are super volatile. Better to stick with more stable coins.
Half? How do you even know that? Most altcoin traders aren't consistently profitable. If you're buying coins, that's investing, and Bitcoin is the best for long term.
Are we talking trading or investing? You sound like you're leaning towards investing. In trading, you look for volume and price action. But it’s best to stick with popular coins.
$50 isn’t a lot to start. But better to dip your toes than do nothing. I’d say invest that in Bitcoin and Ethereum. Those are more reliable compared to risky meme coins.
Honestly, $50 is tiny for trading. But as a newbie, focusing on Bitcoin is smart. Stay away from meme coins. I lost big on TRUMP coin never came back from that.