I'm young and planning to start investing early. As I'm beginning, I thought about going for high risk investments, such as stock markets, and eToro seemed like a good idea - because I figured that this is the best time to lose money in any case.
For those who don't know, eToro is a "social stock network" where you can copy the actions of (a.k.a. follow) other investors -prefferably professionals.
Anyway, what I want to ask is: is it safe to get arround 3~4k dollars on eToro, and start blindingly following popular people with high return? Is there a risk that I might lose everything?
If you think that's a bad idea, then what would you suggest as an investment for someone who is just starting?