It depends on what you have because there is no fixed amount to be used to buy bitcoin or to invest in cryptocurrency. You can invest as low as $100 to start with and from there you grow and once you get money you continue investing it there.
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Short time investment are good because you get to pull out from the investment as soon as possible once you get your profit or return of investment. It's more like having investments that would be paying you on monthly or weekly basis, so once you are satisfied, you will pull out with your money.Yes oooo,if it's for short time one can use the it to trade
Experience gives you an upper hand in making a decision on the kind of investments you go into and how much you can afford to spare for going into suck investments. When I didn't know much about cryptocurrencies, I was only able to bring out $500 to invest but now, if I have $60,000 I would invest it.Hmmm I will really say for bitcoin investment, the bigger the money, the more your profit on investment. But the clause to this is that you need to go into the business as a long term investor. You must be patient to learn our to trade.
This is how most people in African countries and Nigeria run their cryptocurrency investment. They employ the invest and wait game, once the cryptocurrency appreciates, they sell and wait for it to fall before they purchase or make another investment.When I started crypto currency as a beginner I started with Ten thousands Nigeria Naira. I buy and kept it and bitcoin rise and I withdrew my profit and the following month I added to it in other make money profit increase when it rise and it has been working well for me.
You can start with any amount depending on the amount you can afford. $200 is good to start with if you don't have much. But if you can afford, start with from $2000Bitcoin has been in existence for a long time now but there are some folks who are yet to be exposed to it.
For someone who is new to the world of cryptocurrencies specifically bitcoin, how much would you consider to be right amount for such individual to invest?