Did you invest a modest amount of money in crypto, feel excited, then saw people on Reddit investing huge sums, and your excitement faded?
You are investing for you. Please don’t spend more than you can afford to lose because you feel your investment isn’t large enough. I know how it feels to own 1/2 of a coin, visit that coin’s subreddit and see people talking about how they just picked up 25 more coins (even though it took me 3 months of DCAing to get half a coin). I quickly realized I invested in something I believe in, and my investment size is right for me. I did at first feel the urge to put more money in so I don’t miss out on huge gains, but I need my other fiat and I am NOT okay with losing it. So I didn’t gamble.
I think there are a lot of new investors who can safely afford to lose only small amounts of fiat. I bet there are a lot more than you think. They just don’t post about how they picked up $8 more of a coin.
Friends, make the investment that is right for you and don’t worry about how much other people can afford to invest.