Is $500 enough to get started with crypto? What did you start with and how long have you been trading?

is $500 enough to get started with crypto? What did you start with and how long have you been trading?

no

need to come in with 10k at least or you are wasting your time. Go all in on COSS.

is this the cool dragon sunnies.jpg poster from aus/pol/?

Started early december. 3k initial deposit, 90k ATH, 50k current holdings.

started with 200 in 2013
retired now nigga

1.5k euros in early December. Hit all time high of 50k a week or so ago. Since then I've lost like 8k because of shitty alts (shoulda've stayed in BTC)

these larps are getting insane. what do you guys get out of it?

What did you guys gain the most on

Don't listen to these fuckwads. 500.00 is plenty to get started an honestly I recommend starting with below a thousand so you can learn the ropes before you put larger amounts of money in it. Chances are you will lose money because you are a noob. But don't give up hope. We have all hard to learn these lessons and they can be expensive lessons to learn. Then when you are ready to say fuck this cause you are down 60%... you'll hit a fucking moon mission and get everything back and then some. Then you are hooked.

Started in mid january, threw $1500 in over the last month and a half and at around $1175 now.

It's been a slow climb but thankfully I bought PRL and OMG when they were sitting pretty low otherwise i'd be down much more

Ok you gotta explain this one. Especially if you said you shoulda stayed in BTC implying that your portfolio was mostly if not all BTC during december. The math doesn't add up based on the info you gave us.

Stay jealous pajeet, I'm not LARPing. Here's my initial deposit from coinbase and my current holdings.

>In REQ at 0.09, out at 0.34
>Made around 9 ETH in Cryptokitties
>In VEN at 1.93, out at 8.10

>is $500 enough to get started with crypto?

Better than putting 500 into the stock market or bonds or PMs in the sense that you have a much higher chance to make more but also higher chance to lose it all.

Crypto is a step higher than a slot machine in terms of gambling, especially for a nob like you.

you can put your 500$ and have 3 outcomes:
a) it will go 5$ (unlikely)
b) it will stay same +/- 20% (likely)
c) it can do x2-x5-x50 (unlikely)

even if you somehow manage to choose C) route, it's still extra 500-1500$. you could upgrade your computer, take classes, buy clothes, visit places, pay some debts, repair a car, buy shit for your home

also depends on a timeframe, in next month it's unlikely for newcomer to make any miracle gains. it's possible, but unlikely.

and most retarded is greed. when you see your stack making x3 first time it's hard to just take out the money, since you start to believe these gains will be forever and you're ultra pro wolf from the wall street king of life.

also, as soon you invest your first money into crypto be prepared you will drop out of life and start eat/sleep/crypto lifestyle; 18-20 hours a day reading 999 websites on 5 screens, thousands of threads, hundreds hours of video. and then deeper you get then more time consuming it will become.

>posts an inspect element image

wew laddy u really got me lmao

at least you put in some effort with the larp trades. the req one is believable

not really man, you can all-in some penny hype coins like LINK and REQ but you won't see great gains for those for years

work on making more $ to invest monthly, and even then don't throw everything into crypto, some in a basic savings and some in bonds

you'll do alright man

no poor fags allowed

Just because you're a fucking brainlet who probably can't even go even in this game doesn't mean everyone else is

not op but beginner too here
honestly i already have savings this is not the point, i'd just like to take like 1000$ from those and gamble it
all or nothing, i figure i have slightly more chances here than at the casino

where should i start

OP here. I already have 55k in savings/broad market fund

$500 is play money to get my feet wet and see if i can make some more. I’m never touching that 55k

I've been lucky enough to jump on the XRB train early (@2$, went all in), then to RLC.
The shoulda've stay in BTC part is for this last week.

Oh also I bought ETC (at around 230k sats pretty damn low).

Now you're getting upset because someone called you out on your bullshit lmao

Here is a screenshot for ETC (cant show you my XRB purchase because Bitgrail, but yeah)

Since you refuse to believe me I assume your gains must be in the negative?

Alright if you still don't believe me, I'll flash it for you, pick any coin you want on Binance and I'll flash it in the buyorders.

I put $500 on Neo last year and it's turned into $40k

any amount is enough to get started. Just don't expect to make it with $500

Remember kids:
Noone has ever failed from profits, as small as they are.
On the contrary, everyone has failed from greed.

It was enough a couple years ago. Hell, even at the start of '17 if you bought the right moon tickets.

tl;dr no it isn't

started with 5k last spring and am up 7x.

I began with $800 in July I think, did some fuck ups (notably panic sold WTC with the chink FUD) but still reached $25000 ATH in january, now I'm at $15000 and confident for the 100k+ by May with my under the radar projects and trading plan.

what projects?