It’s really not a lot of money... if you really want to buy something, I would just buy a shit coin and hope it 500x.
I have only 20 bucks on my pp acc and im trying to find a way to move that money since they have been seating there for a while. Any interesting coin that I should check? Btw, i am REALLY new to crypto trading so any tips are also received! Thanks!
D.Variable (07-12-2020)
Go for NPXS, really low value right now. If you can wait 2-3 years you'll definetely make some money!
Its not illegal to press thanks if I helped you
All on red
Can't do much with $20 tbh
If the transaction fees are low you can start with $20 if you want (so if your base currency is something like ethereum, you should be okay). You also need to find an exchange that charges a percentage fee for each trade rather than a fixed amount (but I think most exchanges are fine). Remember though, the less you invest, the lower the return. You can't really split $20 into multiple different trades either, since its so small.
However, in general, I'd say $1,000 is a nice value to start with.
yeah you wont make much profit on $20 unlesss you can have it sit for years on an altcoin and hope that coin goes up like crazy in a few years.
or you will need more money. on $20 a 100% return would only be $40 so that is not really much, now $1000 invested into 2k or more is a good investment,
ShardsKing (07-25-2020)
Although $20 is not a big investment, you wont suffer from a big loss either.
trelakias21 (05-07-2020)
If you don't want to take risk, you can buy some altcoins and hope they will grow up.
If you're a risky guy, research a little bit and do gambling
Save atleast 1000$ to see decent returns. 20$ is only 2 dollars if the stock goes up 10%
tbh 3 years ago i "invested" 50$ into xlm and it became 2000$ lol , i left it there and its went to shit , but that was crazy