I just opened a Robinhood account a few weeks back. I looked at Ethereum thinking, $200 a coin was nonsense. Well, few weeks later, same coin is up over $400. In that same span, bitcoin went from $9k per coin to over $12k today. From July 19th to August 18th, a $3000 increase. Crypto is crazy volatile, but there's money to be had, or lost.Maybe try bitcoin instead
Do you sell your Bitcoin when high then buyback at low? Checkng into this, but so many different ways..I just opened a Robinhood account a few weeks back. I looked at Ethereum thinking, $200 a coin was nonsense. Well, few weeks later, same coin is up over $400. In that same span, bitcoin went from $9k per coin to over $12k today. From July 19th to August 18th, a $3000 increase. Crypto is crazy volatile, but there's money to be had, or lost.
I only keep about $1000 in my Robinhood account to play with since i don't know what i'm doing. I have a little bit in Nikola which took a hit today with Hyundai announcing working with someone else for fuel cells. I think Nikola was riding on Hyundai partnering up. Also, in EROS, an Indian Film company that is my ride or die bitch it seems.
I do it for fun, since again, i don't know what the hell i'm doing lol
Been an active investor for about 15 years. This is not financial advice, I am not licensed. Now with that disclaimer out of the way, it sounds like you want to maximize returns. Investing is purely mathematical, you cannot have any emotion in it. People are mystified by crypto, it's just so exciting and mysterious! The same returns can be found in safer funds like TQQQ (which is a leveraged NASDAQ ETF that's earned over 100% returns in the last year). Not saying to buy TQQQ, I am not licensed so legally I can't tell you what to buy. Just sayin.... taking the emotion out of investing is the first step to making good returns. The day your urge to buy Bitcoin at 12k is the day it will drop to 6k.... Buy on logic, not emotion..I just opened a Robinhood account a few weeks back. I looked at Ethereum thinking, $200 a coin was nonsense. Well, few weeks later, same coin is up over $400. In that same span, bitcoin went from $9k per coin to over $12k today. From July 19th to August 18th, a $3000 increase. Crypto is crazy volatile, but there's money to be had, or lost.
I only keep about $1000 in my Robinhood account to play with since i don't know what i'm doing. I have a little bit in Nikola which took a hit today with Hyundai announcing working with someone else for fuel cells. I think Nikola was riding on Hyundai partnering up. Also, in EROS, an Indian Film company that is my ride or die bitch it seems.
I do it for fun, since again, i don't know what the hell i'm doing lol