I want to invest in crypto for the long term, but I am worried about burning my money. I have already lost over $100, which is a lot for me as a student, and I do not want to keep losing.
So how do I learn, and how should I go about it?
Should I copytrade?
Should I learn to read charts (if they are even readable) and day trade?
Should I just put like $20 into Bitcoin every day and treat it like a stock?
I really do not know and would appreciate any help. I will read all replies 🙏
edit: thanks for all the advice, one note. ive read that alot of crypto and people making money is all just luck and that no one knows if it goes up or down. but i simply have hard believing that since ive talked to people with well over 100,000$ in crypto. like teenagers my age. now dont get me wrong, im not hoping to be the next tjr or some other schmuck. would be jumping like a rabbit up and down if i managed to turn 20$ into 40 or even 60$. so yet another question based on this, is it really just luck or not?
submitted by /u/NepLive
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