Is crypto worth it for my broke ass

[BudgetBarrett]

heres my situation: 16 yrs old australian male looking for ~$50/week
how far have i come: profit = -$50 (lost it sports betting)
considering trading crypto but it seems to have a higher entry point than anticipated. please if u have any experience with this lmk. btw the only brokerage ive found that allows 16 year olds to trade is an app called CoinSpot which doesnt allow leverage or list new memecoins or shitcoins jfl

 

[BudgetBarrett]

fml no reply

 

[KaisenMaxxer]

wdym cripto, day trading ?
investing ?
shitcoins gambling ?

 

[BudgetBarrett]

wdym cripto, day trading ?
investing ?
shitcoins gambling ?

idrk what im talking abt when it comes to crypto but i mean buying a coin when its low then selling when its high in a period of less than a week

 

[KaisenMaxxer]

idrk what im talking abt when it comes to crypto but i mean buying a coin when its low then selling when its high in a period of less than a week

I'm not a crypto bro, should be worth getting into it, but don't expect results that are higher than what you put in.
also dont rely on it to make it your first carreer, unless you get lucky you won't have a base capital to really make bank
but after you get a good job you can re-invest your wage and there you could really get leverage

 

[PainfulProportions]

I'm not a crypto bro, should be worth getting into it, but don't expect results that are higher than what you put in.
also dont rely on it to make it your first carreer, unless you get lucky you won't have a base capital to really make bank
but after you get a good job you can re-invest your wage and there you could really get leverage

This is genuine advice. dont expect too much

 

[KaisenMaxxer]

This is genuine advice. dont expect too much as long as you don't have a high base capital

 

[PainfulProportions]

Ya pretty much key word is starting capital

 

[aids]

You're gonna lose the $50 quicker than you make anything if you start gambling memecoins with actual upside.
Get a job brodie.

 

[BudgetBarrett]

You're gonna lose the $50 quicker than you make anything if you start gambling memecoins with actual upside.
Get a job brodie.

lmao i do have a job but my parents are controlling cunts with my money so i cant actually access like the 12k i have saved

 

[BudgetBarrett]

lmao i do have a job but my parents are controlling cunts with my money so i cant actually access like the 12k i have saved

i transfer like 15 bucks every fortnight and say a mate bought me food so i paid him back

 

[Askeladd93270]

i transfer like 15 bucks every fortnight and say a mate bought me food so i paid him back

Good strat

 

[Foreverbrad]

Wageslaving is the only way to make money. Get that clear now.

 

[CEO]

You need money to make money. End of story. Anyways, for crypto now is the best time. Bull market is in full swing this cycle... Getting in with a couple bucks won't get you far. Get a wagecuck job for starters and build capital. Hopefully you can partake in the next cycle (~roughly every 4 years).

 

[johnsonmaxxer]

Its a lot more difficult than it seems to be profitable day trading. If you are still going to pursue it try to avoid trading gurus that are just trying to sell a course. They usually just splur out bullshit. Also a good broker is MEXC and it doesnt require kyc