If you start with Bitcoin specifically, you will need such a large amount that it isn't even worth looking into.
Mining isn't even close to profitable anymore because of this, and I would recommend staying away from it unless you're banking on a particular alternate coin substantially increasing in value.
You can put a smaller amount into a different crypto and trade between coins and make a decent amount of money that way, but you need to keep a close eye on the markets. It's essentially the same as day trading with the stock market but far more volatile and therefore has a significantly higher risk/reward involved.
Money Talk
How much money does it cost to start doing bitcoin?
Submitted by salslytherin, 17-06-2020, 12:05 AM, Thread ID: 174515
Thread Closed
RE: How much money does it cost to start doing bitcoin? 17-06-2020, 04:09 PM #4
17-06-2020, 04:09 PM
#4