Startup cost: $100 - $5k

Setup costs range from $100 to $5,000 depending on the approach taken by the individual. At a minimum, a beginner crypto trader may only need around $100 for initial capital to start trading. This money would be spent on creating an account on a cryptocurrency exchange platform and funding it with some basic investment. On the other hand, for someone looking to dive deep into crypto trading with all the recommended tools and services, they might spend up to $5,000. This higher budget could cover expenses such as advanced trading software, trading courses, market analysis tools, and potentially setting up a more secure wallet for storing cryptocurrencies. While it's possible to start trading with minimal costs, investing more initially can provide access to resources that may enhance trading strategies and potentially lead to better returns in the long run.