When it comes to investing, there’s one question everyone asks: “How much?” Whether its purchasing stocks or buying BitCoin, people worry about having the right amount.

To much, and you open yourself up for trouble. When people borrow money to finance their crypto investments or stocks, they expose themselves to unnecessary risk. One market drop or coin drought wipes them out.

Likewise, investing too little makes it hard to profit off the “good times.” A bull market is meaningless when you’re only holding $10 worth of investments.

Because of this, its important to find the perfect balance.

And today’s article will help.

In it, you’ll learn how to budget for investing. And, you’ll discover ways to increase your buying power without affecting your daily life.

Here we go.

“Never Invest Money You Can’t Afford To Lose”

The first rule of investing is to never spend more than you’re comfortable losing.

When people take out personal loans to buy stocks or invest in long-shots, they’re putting themselves into a terrible financial situation.

The same goes for smoothbrains buying BitCoin and alt currencies at peak prices, on credit.

Once the market falls (and all markets do fall), they’re screwed.

Instead of taking out a loan or trying to go “all in” on hot properties, set a budget and be reasonable. It’ll shield you from needless risk.

As legendary mutual-fund manager Peter Lynch says: “You never go broke by not buying an asset.”

Remember, Buying BitCoin Is Very Different From Purchasing Stocks

Many crypto newbies think they have to buy BitCoin in full.

They’re used to investing in stocks, where you’re forced to buy full shares. And, as such, they don’t realize that you’re able to buy fractions of a BitCoin.

Depending on your budget, you’re able to buy anything from half a coin to a hundredth.

Lastly, in most cases you’re better off buying part of a BitCoin than the entirety of some alt currency. Why? Because BitCoin’s a name brand asset, and it holds value better than many of the obscure cryptos (many of which fall victim to various pump and dump schemes).

Look At The Masses, Then Do The Opposite

The best investors are contrarians. They look at what everyone else is doing, then go against the crowd.

When you see a million CNN stories urging everyone to buy more crypto, the market’s about to peak.

Likewise, if you see nothing but doom and gloom stories, you’re in a coin drought. And it’s a good time to invest more.

Playing this angle takes some getting used to. But, once you understand how to beat the masses, your profits start piling up. It’s a valuable skill and one that’s made many investors rich.

Final Thoughts

While BitCoin is exciting, remember that moderation is the key to success. Don’t go overboard on your holdings, especially if you can’t afford a market crash.

Instead, buy as much crypto as you feel comfortable with, and remember that coins (unlike stocks) can be purchased in fractions. You don’t have to own an entire asset. Even holding a tenth or twelfth is often enough to start seeing considerable gains.

Use these budgeting strategies while timing the market to avoid mass investor manias, and you’re well on your way to crypto success.

P.S. Looking to invest in BitCoin? Use this CoinBase link. It’ll give you $10 in free BitCoin once you make your first $100 deposit.