As someone who's lost thousands before making dumb decisions, start small. You think you'll be smart and won't make mistakes, but you will. There's the 90 rule - 90% of traders will lose 90% of their portfolios in 90% days or less.
I say, start on futures (linked above) with 100$. Make trades of 1$ with 25x leverage. It'll be the same as starting with 2,500 (if you're using 25x), but when you screw up, Binance loses the money, not you. Well, except for your hundred dollars.
Once you turn that 100$ into 200$, and it will take about a year of mistakes and screwing up, then you're reading for the intermediate levels. Do 1000$.
I make very small trades, about 4$ each, sometimes 7$, rarely over 100$ if i've been dollar cost averaging for a few days, and I'm patient. At the end of the day, though, I'm usually at least .5% richer than I was when I woke up.
As I said before, feel free to pm me if you need more details. We need to get away from banks, and I'm willing to do whatever I can to help kick it off.
As someone who's lost thousands before making dumb decisions, start small. You think you'll be smart and won't make mistakes, but you will. There's the 90 rule - 90% of traders will lose 90% of their portfolios in 90% days or less.
I say, start on futures (linked above) with 100$. Make trades of 1$ with 25x leverage. It'll be the same as starting with 2,500 (if you're using 25x), but when you screw up, Binance loses the money, not you. Well, except for your hundred dollars.
Once you turn that 100$ into 200$, and it will take about a year of mistakes and screwing up, then you're reading for the intermediate levels. Do 1000$.
Right now, I've been in it for about four years. Right now, I'm having a great week, making 0.7% a day, so that means if I had 10k in there, I'm seeing (according to the compound interest calculator at https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php ) about 4k a month.
I make very small trades, about 4$ each, sometimes 7$, rarely over 100$ if i've been dollar cost averaging for a few days, and I'm patient. At the end of the day, though, I'm usually at least .5% richer than I was when I woke up.
As I said before, feel free to pm me if you need more details. We need to get away from banks, and I'm willing to do whatever I can to help kick it off.