Risk tolerance?
That’s important
There is basically two sides here; the nasdaq version, or the OTC, pink sheets
Safemoon; firmly in the OTC category, BTC, ETH, more nasdaq... but like, GME
Step one is getting your money into crypto. You basically NEED a Binance account, since emt is the only real way to buy if you’re not mining your coins.
Once you get that account going, you have access to more than you should need, but if you want to play on the DEXs ie. pancakeswap to purchase things like safemoon and other “shitcoins” you need to also open a wallet; trust wallet works well. You need to fund it with BNB for BEP20 tokens, but if you also want to hold ERC20 tokens, you also need to fund it with ETH, this is why Binance is helpful as you can swap between any coins they offer easily before swapping it to this wallet. As these protocols don’t play nice (can’t swap bnb to eth in trust wallet) you need to make sure you always have some of these coins in these wallets as you need to be able to pay transaction fees for everything you do on the DEXs.
If it was me... the conservative approach would be:
Open Binance account
P2P (emt) $1k in USDT
Move to spot account
Wait for a bloody sell off
Put it 50/50 between BNB and ETH, if you want to bump up risk, transfer USDT to USD-M futures account, turn leverage down to 2x, and do the above. Wait for a big up day, close trades, wait for a huge sell off... buy, repeat
Risky:
Fund trust wallet with BNB (smart chain address) open beefy finance from the in app browser (if Apple, you need to add this; Google it) fund the top 3 or 4 farms, readjust as returns drop off and new farms are on top