What is a good amount to start with when investing into crypto?
I see lots of posts about I have $100 $200, what should I buy and most of the time the answers are with that amount just invest in an ICO etc etc.
I would be interested to know what people here consider a good starting amount to invest...and I know the basics of not investing more than you can afford to loose but for arguements sake, whats a good number to start with?
Im not so much interested from a whale perspective of investing like $500k or $1mill, more so the normal everyday average joe male/female investor who wants to dabble in the crypto market. Would it be $1k, $2k, $5k, $10k, $20k etc? People new to the game or interested to start investing in this space may find this useful so they know a rough number which would be a good starting point before turning that into riches (the obvious dream).
For reference I initially started with about $3k (its not loads but it was a start) and over time Ive added more and more (it gets addicting) into the pot as and when I have the money to spend and when the time seems good to buy.
With $100 it is kind of hard to invest in an ICO, since many of them have a limit for a minimum investment that is higher than that. Instead, this is a good kind of money to buy a great famous coin and just wait for a year or so. Investing less than that might be fun and even somewhat rewarding, but I don't think it will make any difference in anyone's life if we really analyze it. $3k is definitely a kind of sum that could make one's life different. If you get lucky and get a 10x profit, you can buy a flat in an inexpensive country or pay for an MA degree in some good university (not in the US, though).