Which stocks can I start trading in for under $100?
Asked 4 years ago
I am a beginner and new to the trading game. I don't have much to start out with, which stocks can I start buying for under $100?
Filip Dimkovski
Sunday, April 11, 2021
When starting with $100, it would be best to invest in penny stocks that hold a lot of promise for the future. Cryptos are also a great idea in my opinion, as it's best to invest that amount into something volatile. My precise advice would be doing your research and consider investing $20 each into 3-5 cryptos. Ethereum, Litecoin, Cardano, and Monero are all great options for a beginner.
Still, remember that these cheap cryptos/penny stocks are volatile, and you might see a 40% drop on a single day. I think it's a good idea to hold them for at least 6 months before withdrawing, as you'll almost certainly have made a profit thanks to diversification.
Please follow our Community Guidelines
Related Posts
Filip Dimkovski
Is Investing in Index Funds a Good Place to Start?
Filip Dimkovski
Guidelines for Beginner Penny Stock Traders
Can't find what you're looking for?