I want to invest my annual bonus ($5000) in bitcoins or any other cryptocurrency. I am thinking that I should to start off with short term investments. For example, buying low today and selling for a profit the next next or a few days later. After a few months, I want to put my annual bonus + whatever we make from profits into more long term investments.
I’ve never invested in crypto and have no idea where to start or what the best thing to do. I was going to randomly buy bitcoins and sell any time it goes up and the repeat, but I’m sure there are smarter and less risky ways.
Please let me know if you can help. Thank you!
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