Hey everyone! I’m completely new to the crypto world and just started learning about digital currencies a couple days ago. After doing some basic research, I decided to take the plunge and put my entire savings of $60 into a coin called powsche.
I know it’s not a huge amount, but as a student, that’s basically all the money I could afford to lose right now. I’m wondering if this was a good decision or if I should have diversified my investment across multiple coins instead.
Did anyone else start with such a small amount when they began trading? Should I hold onto this position or consider selling and spreading the money around different cryptocurrencies? Any advice would be really helpful since I’m still figuring out how all this works.
Wow, going all-in with your entire savings takes serious guts! What made you pick Powsche specifically? Did you find it on social media or do some research that convinced you it was worth everything?
I started with just $50 back in the day, so I get the small budget thing. But I’m worried you might’ve hit a sketchy project - Powsche doesn’t ring any bells and I’ve been in this space for years. Is it listed on Binance or Coinbase?
When you say “basic research” - what’d you actually look at? The team, whitepaper, community? Not lecturing, just curious about your process since we all learn differently.
What’s your plan now? Holding long-term or thinking short-term trades? And what happens if it tanks?
dude putting everything into one random coin isn’t great but hey we all make mistakes when starting out. never heard of powsche tho - might wanna research if it’s even legit before holding longer