If You Only Have $100, Here’s How To Start Investing in Crypto

Core Insights - Cryptocurrency operates on decentralized blockchain technology, allowing individuals to invest with as little as $100 [1] - It is classified as a high-risk asset, necessitating a strong financial foundation before investing [2] - Experts recommend limiting crypto investments to no more than 5% of an investor's total portfolio [3] Investment Strategy - Choosing a reputable crypto exchange is crucial, with platforms like Coinbase, Kraken, and Gemini being recommended for their security and user-friendliness [4] - Fractional ownership allows investors to buy parts of tokens, making it feasible to start with smaller amounts [5] - Dollar-cost averaging is advised as a smart investment strategy, where smaller amounts are invested over time to mitigate market volatility [6] Risk Management - Even small investments in crypto are subject to high volatility, and it is essential not to invest funds designated for emergencies or retirement [7]