Recently, there has been an interest in investing in cryptocurrency, but there is a lack of certainty about its profitability.
As a novice, I would appreciate it if you could share your personal experience on the matter.

There is no way, in the short term, the crypt will devour more on commissions. I buy the bits myself, but I keep a wallet on a flash drive, which is called for a rainy day. And not for earnings.

You must understand that cryptocurrency is not very stable. Of course, you can make big profits, but you can also lose everything in one moment. If you are going to invest in cryptocurrency, then I advise you to study all projects in great detail separately, sometimes companies may not talk about their real profits, so be careful.

You can easily raise thousands of dollars in crypto, but you can just as easily lose the same amount. This must be approached with understanding. First learn, then invest to the fullest your capital

After making the initial decision to invest in cryptocurrency, beginners often find themselves overwhelmed. However, if you have completed the necessary preparation steps, such as selecting an asset and understanding its current market status, the process will be relatively simple.

The first step is to top up your wallet using a convenient method available on the exchange platform. For example, on some platforms, this can be done through the "Exchange" or "Trading" sections. It's important to note that if you're using a centralized crypto exchange like CEX, you'll need to pass KYC verification before depositing fiat money into your account. Verifying your account immediately is optimal as it provides better account protection and more opportunities to use fiat money on the exchange.

If you're buying through the trading mode, you'll need to select the appropriate trading pair such as Bitcoin for Dollars from the "fiat" section in the "Market" list. From there, you can place an order for the purchase and sale of cryptocurrencies.

I was hooked on the idea of getting in on the ground floor of the next big thing. I mean, who wouldn't want to cash in on the potential for astronomical returns? I threw some skin into the game, investing in a few promising coins, and waited patiently for the magic to happen.

But, as the weeks turned into months, and the months into years, I began to realize that crypto was not the get-rich-quick scheme I thought it was. In fact, it was more like a high-stakes game of chance, where the odds were stacked against me.

I lost sleep over market fluctuations, wondering if I'd made a grave mistake by investing in a particular coin. I watched as my portfolio value yo-yoed, and I felt like I was trapped in a never-ending cycle of FUD (fear, uncertainty, and doubt).

And don't even get me started on the scams and rug pulls. I've seen people lose their shirts to fake ICOs and ponzi schemes, and it's heartbreaking. It's like they got caught up in the hype and forgot to do their due diligence.

But, despite the setbacks, I refused to give up. I continued to educate myself on the subject, reading up on the latest developments in blockchain technology and staying up-to-date on market trends.

And, slowly but surely, I started to see the value in crypto. I realized that it's not just about making a quick buck; it's about being part of a community that's pushing the boundaries of innovation and decentralization.

Of course, there are still risks involved, and I'm not naive to the fact that the crypto market can be volatile. But, for me, the potential rewards outweigh the risks. I believe that, with the right mindset and a solid understanding of the technology, crypto can be a valuable addition to any investment portfolio.

So, to all the novice investors out there, I say this: don't be afraid to take the leap, but don't be reckless either. Do your research, diversify your portfolio, and always keep your wits about you. And, above all, remember that crypto is not a get-rich-quick scheme; it's a long-term investment in the future of finance.
As for me, I'll continue to ride the crypto rollercoaster, but with a newfound sense of caution and a deeper understanding of the game. And, who knows, maybe one day I'll be the one cashing in on the next big thing.