Bitcoin Forum

Just a Fact that investing in 1$ in bitcoin every day over the last five years could actually give you a profit of $20,405, just investing or spending over $1,858 in bitcoin...
Of course, this doesn't involve transaction fee but still, it was just 1$ investment every day or just like buying a coffee every day you could already accumulated more than $20k of bitcoin.
It is interesting to note that this could be a decent strategy for those that want to buy at every price without going through the risk of buying too much at a too high price. Considering that Bitcoin may one day (hopefully) be worth more than a $100K, this could still be a viable strategy.
Let me know what you think of this in the comments below.

What about the transaction fees for the daily investment? The worth of the transaction fees alone over 5 years will be good even as an investment. It will be good to have a better plan like investing every month, or every 3 months, or every 6 months to a year. But as for me, I will not even still consider this to be accurate.

We all know if someone really study the price of bitcoin very well technically, he will know the right time to invest. When people even make use of trading such as swing trading to gain, all they do is to analyze the price and buy at the right time. Experts can only be very patient, make the price of bitcoin to dump and then invest. The best time to invest is when people are very afraid to invest when the market is red as bitcoin price is falling.

Although, we all have different professional strategies, but even if we are going to invest, investing at the periods when the price is decreasing but has also decrease a lot is the best time even if you will invest at certain interval of time. But, daily investment is not advisable or recommendable. To invest $1 daily will not be encouraging while paying transaction fee.

What if you buy $360 worth of crypto for a year and then market buy with $1 each day?
Most people don't know when to buy or sell hence its an alternative.
 If you like this idea, feel free to award it merit.

I think investing into any other of top crypto would also bring nice profit. 1$ per day doesn't seem much, but let's be honest, who do so?! Nobody. The most of investors prefer to invest a big sum at the moment or by little but monthly.
I remember there was a story years ago, like if you do not smoke you could spend a holiday in Prague for those money that you usually spend on cigarettes, and after follow the question like: Ï do not smoke at all, why I am not on Maldives then?!" That's funny, but such economy doesn't work in reality indeed.

Saving every day isn't a good idea for bitcoin if the amount is like $1/$2. You may follow the traditional bank deposit system where you will have to make a deposit every month. It's because of the main fact of the bitcoin transaction fee. If you want to save every day $1 then you will have to pay a fee every day more than your deposit amount. So that's how you will lose more than your deposit.

The idea you have described is quite good just need to modify the amount and duration. It would be a decent amount near the future since bitcoin price has been increasing day by day. It would be an easier way to save money and it will not much effect on your daily life.

Yes to cost averaging all the time. I don't exactly buy fixed amounts all the time but since earning in 2016, and setting as much aside as possible I've long term made more than had I kept that savings in fiat. Bitcoin people know this well, long-term, nothing beats Bitcoin. Longer-term, Bitcoin gets even more attractive.

Keep stacking, but of course, don't be afraid to use.

How about saving $1 fiat everyday, then buy Btc when there's a price correction. That way you'll be able to save yourself transactions fees and the price swings. You can't calculate your profit precisely due to Btc's volatility, If you're buying $1 Btc every single day.
IMO, it's not really hard to find a good entry point, If you're mindset is set for a long term perspective. Btc is bound to break most of this bullish predictions.

And, If I'm not mistaken, you're begging for merits already, and that's a big NO NO in this community.  

Any strategy that makes a profit in the long run is good, and investing in Bitcoin so far has not only been profitable for those who did so in late 2017 and early 2018 when the price was above $15 000. Literally investing $1 every day in buying BTC makes no sense, but considering the price from 2015 to date we have a range of $200 (or even lower) to as much as $20 000.

The calculation is quite clear, for $360 you could buy almost 2 BTC 5 years ago, during the first half of 2016 that amount was halved, and by the end of that year the price was as high as $1000 and this is the last time we had the opportunity to buy BTC cheap. At the time, some said that anything under $1000 was a cheap investment - today it may be the same thing with a price of $10 000 if we consider the period of the next 5 years.

If we look at how fast fiat is losing its value, everyone should ask themselves how much its savings will be worth in 5 years - I believe that by investing in BTC, its value can be preserved and increased.

Buy bitcoin on the daily sounds good in paper in terms of averaging for the long term, but it's too much of a nuisance. It's far more viable to do it weeky or monthly.

With that said, though some more experienced investors would prefer lump-sum investing, dollar-cost averaging(DCA) is still one of the best investing strategies especially for the inexperienced investor because you literally don't have to think about timing the markets. You just buy in anyway weekly/monthly regardless of what the price is.

As see topic has been edited, as a gambling casino sites was promoted in first post.

Back on topic - investing 1 dollar a day is something that most people can afford and I would risk doing it just to test it. Loosing few hundreds of dollars is not a big deal, while you have a chance to multiply investments.

At first I will do it for 1 or 3 months. Just to see how things will be going. The hard part is - not to forget to do it daily, as it might be something you might skip for other more important tasks. Other thing - it requires a lot of moment just to make this 1 dollar daily investment. Login to exchange, get your card, fill the info and buy some Satoshi (as doing this once a month and making 30$ worth investment will ruin all the experiment).

Begging for merrits? I've merely said 'if' you 'like' then and only then. Stop being a baby

Thank you for pointing that out lol yeah I removed the shill.

The only way this can be practical and thus taking into account transaction fees is if you put you 1$ into a pot and at the end of every year you buy in.
The issue with doing this of course is the capital depreciation over time where the initial 1$ would be worth less and less. Also, the fact that the market price might get inflated several times is not taken into account.
So while theoretically this sounds possible, in practice it is almost impossible.

Buying smaller amounts at different times is usually better since it helps avoid buying "all" at the higher price.
Of course you still have to make sure you buy in a way you avoid paying big minimum fees (or round up) here and there and obviously withdrawing will have to happen when higher amounts are gathered (and here the "once a year" option can be OK).

If you do that, without a doubt, you'll end up wasting away your money because of the transaction fee that you need to pay for every day that you are investing worth 1$ of bitcoin. Why not make it every week or month? Fees are less, plus it's not time consuming, not saying that everyday of dollar investing for bitcoin is time consuming, but if you do it in not daily basis, you'll save more time. See? You saved more time, you also saved money. For me it's not a good idea.

There is already a thread that treated this topic and was started this year.
https://bitcointalk.org/index.php?topic=5222895.0

Sounds nice in theory, and could've been an option years ago. However, today our options of purchasing BTC are way more restricted. In Romania we had ZebraPay that once allowed you to purchase BTC worth a minimum of 1 RON (~$0.25). Many months later, they rose the minimum purchase amount from 1 to 50, to 100 and then to 400 RON IIRC. Anyway, the minimum amount became a bit too high at one point for smaller purchases to be possible. Today, ZebraPay does not sell BTC anymore - it was great when they did, because we have their kiosks nearby no matter where you live in larger cities.

The amazing thing about this slow-paced and minimum investment plan is that you literally just pretend you're buying one more coffee per day and put that money in BTC instead. If it's going to keep the same pattern it did for the past few years, a similar profit as in the OP could be realized. Just imagine turning 3 coffees a day into a sum large enough to purchase a nice European apartment or house within 5 years!

It quite confusing because every time you make an investment with one dollar there is a transaction fee it looks like half of your daily funds goes into the transaction fee. Also this is not recommended because there is a chance you will lose a large amount of money if you make an investment with the higher marker price.

If some of the newbies read this I think this may lead a misinformation to them. One of the best way is to take an investment when you think the market is low and sell it high.


It's better if they save their money on the pot at least they don't have any transaction fee lol. Dollar a day into a bitcoin is not worth it. 

One dollar a day on bitcoin keeps the profit away. 

Charles-Tim made his points and I agree with him. To invest, you need to buy bitcoin and you need to make transactions. Transactions in turn require transaction fee. Do you take into account the transaction fee for each of your buy order? I guess not.

On exchanges, there are usually different in fees for maker and taker orders.

With $1, what you will be able to buy (now with rate of bitcoin at $10522) is 0.00009504 BTC. The amount is not yet subtracted with fee on exchanges. Use $1 to buy BTC on Binance, ie. is it possible?  ::)

It is impossible because Binance restricts the minimum amount at $10.  :-X

It has not yet taken into consideration the transaction fee on your bank account, credit card, etc.

Do you want to repeat such $1 buy order for 100 times before you withdraw your BTC ($100 - trading fees - withdrawal fee) to your own wallet? Store your BTC on exchanges for long time is not a good idea.

I am sorry but is it what you aimed at initially with the topic? I don't think merit sources would like to send merit to such merit begging posts.

Uh oh. Are you mad? Does warning you about mentioning for merit sounds like a baby for you? then be it. I'm just warning you, for your own good. No offense. Don't get mad too quickly.
Stablished members around this community already knew when to give merits, you don't need to mention it, coz it sounds like you're asking for one.
Look, I'm sorry If my words offended you, but I'm just stating what is rightful. I hope you've understand.

If we will just do the math then probably you will be able to get funds and make some money or either earn nor lose because there are times that the price of bitcoin is getting pump up day by day and probably you will feel your losing when it dumps, but the other side will be also good because you will not be able to know how much you invested because you are just looking on the future side of your investments.

$1 per day is $365 per year, which is not nothing. And doing this for 5 years means investing nearly $2k which is again quite a significant amount of money. Moreover, Bitcoin rose significantly from 2015 till 2017, but if a person started investing 3 years ago, the result would probably be quite devastating.  Not to mention the minimum deposits on exchanges that was pointed out before. And at the end of 2017 the fees were around $20, so significant daily losses would follow. And in many times transaction fees would cost huge sums in comparison with the daily investment.

Nah, you shouldn't ask for merit on the post. It would be considered merit begging indirectly. How do you think this is a great idea and you deserve merits for it? If your idea about saving weekly or monthly then I would consider it's a merit worthy post. But if you start saving with $1/day then you have to spend more fees than your deposits. Our intention isn't to insult you, peoples are just saying you shouldn't act like this and shouldn't ask for merits. People will send merits automatically if they like your idea. Asking for merits will discourage us to send merits on your post. Don't get me wrong and hope you will learn a lesson from here rather than argument.

Normally there is no possibility of you buy Bitcoin daily with $1 for everyday, because, if you do you will run at lost in the process(price increase and fees increase). Imagine when the cryptocurrency price spike and still want to buy with $1, you will end up spending up to $10 with the transaction fees. I think it won't be idea buying Bitcoin in small quantity rather buying with average amount that's reasonable enough.

This has been discussed several years ago, they have made some deep analysis of when someone invested $1 every day in BTC. well, everytime the price of bitcoin decrease in the market, when you only invest this much everyday it won't really matter that much to you. Therefor, this is one of the good investing method you can do with bitcoin. you won't really care if how this investment end because the amount of money you are putting to your BTC wallet is not that much and who really cares about a dollar in our every day life?

I'm currently thinking if this idea will work after 5 years form now? I wonder what would be the price of bitcoin after those years. will it continue to increase, or it will not budge in the $10,000 mark like what we have seen today in the market.

https://i.ibb.co/7zb7MzV/Screenshot-1.jpg

https://www.statista.com/statistics/326707/bitcoin-price-index/

https://i.kym-cdn.com/photos/images/newsfeed/000/993/875/084.png

No offense but that's the dumbest thing I've read this morning. Try putting the same daily $1 on a failing business like GameStop Corp and let's see if the effect with be the same if you allocated the daily $1 on bitcoin lmao.

https://i.imgur.com/2G2HGWO.pnghttps://i.imgur.com/76ANuuZ.png

This investment can only be made for fun. Do not place high hopes on these investments. Understanding that you can be in the red is more profitable than the blind hope of getting rich.
The volatility of cryptocurrencies is very common. And from this, you need to be very careful when planning any actions with them.

I completely agree with you bro. I think Bitcoin is totally unpredictable things. We don’t know when the price of BTC will increase or decrease. At the beginning of the Coronavirus epidemic, its price dropped dramatically. So, if we invest money on BTC market, we won't know what will happen after some days. We have 50-50 percent chance of profit and loss.

What is exactly the point of these "what ifs"? You can also start thinking "what if 15 min ago I made a move on <insert market here> with x1000 leverage and became a millionare in an instant", but it won't actually work if you try it, because past performance doesn't guarantee future performance. Conditions change, and who knows for how long Bitcoin will still be growing? It can easily even enter into long bearish periods, because why not? Bitcoin is not a safe investment, and it doesn't matter how you invest - $1 every day, or $1,000 once. either way you can be in a loss.

All you need to know is that bitcoin is a movement, buying every day by day without considering the price factors involved, it doesn't make any sense, hence bitcoin is a digital assets, and you're purpose of buying or investing  bitcoin is to make profit after a short period of time...

I think the OP just wanted to show in a pictorial way how with relatively little money and smart investment, significant profits could be made - compared to some of the more well-known investment methods such as investing in gold or stocks. Of course, one should not completely rely on past performance when it comes to any investment - but I think Bitcoin is still something unique with huge potential in the future.

There is always a risk of loss, it is an integral part of investing, but if someone invests only what he is willing to lose, then that loss is bearable and does not cause additional problems, and as we saw in the case of Bitcoin even the most optimistic were surprised with success. Of course, I mean those realists who didn't fall for the McAfee trick and the nonsense about $1 million by the end of 2020.

The best strategy is always to keep a percent of the salary or the profit you are earning per month and set aside those and invest everything when there is a market correction, it is the basic way to make money and make sure you hold every investment for the long haul if you are not an expert of short term trades.
If you are able to save money and the accumulation would be a huge amount, get rid of the extravaganza of clubs and other silly habits that could ruin your body and save instead, if anyone could do that then he will save big.

Buying Bitcoin every day is not a viable strategy to implement, you can count the exact amount at the beginning but with the Bitcoin price going up and down all the time, I think whatever amount you count at the beginning will not guarantee you will get it with a certain value, because that is. maybe you get in the next five years maybe a higher value, but maybe also the value that is destroyed because of the market collapse. I think it's very risky, because if we want to do it every day then it would be better to just save and not invest in assets that are not price stable.

Well really if this is a good idea then people will give merit voluntarily because they already think this idea is good for all of them if the daily investment of a nominal $1 for what will only make costs higher people will think investing like this in the long term is not a good thing even Losses in each transaction, the OP said that in bitcoin, of course, the transaction fee of $ 2 is sometimes more, except with altcoins, so the risk will be high with a long time.

And don't expect a merit if it's still not worth it, someone will give merit without expecting it from you so this can surprise posts that you don't think are great but sometimes give merit because they think it's an idea for them.

From calculation, in a year we have 365.25days and in 5years we have 1,826.25days. Now investing $1daily will give a total $1,826.25 Now using this for Bitcoin invest it's a good one and it's going to be amazing at least you will get something out of it rather than using it to buy something not profitable. But then compared to the current price of Bitcoin it will only afford a small amount of Bitcoin. But it's nice. It will not definitely not end in regret. But good news

Investing $1 to Bitcoin every single day is like buying candy using Bitcoin as a payment, because the transaction fee is much higher than the thing that you'll get. Rather than doing that, why not just save it from a bank first and then when the bear market hits up, then cash it out on the bank and invest it in Bitcoin, cause that's more beneficial than what you've said.

But if you do have the money to perform that investment every single day, then why not?

I’m not 100% sure why, but this calculator renders different results with the same scenario (1$ per day over the last 5 years): https://dcabtc.com/ It displays a current value of the acquired BTCs as 13,5k$, which differs largely from the 20k$ in the OP. The 20k figure in the OP really originates in this tweet from February 2020: https://twitter.com/JamesTodaroMD/status/1223670320541900800.

The tool seems interesting to play around a bit, and I believe it does not take into account Fees either. The 20k$ -> 13,5k$ discrepancy is possibly due to the 7 month gap since February. The tool does not allow us to place the date of origin back in February, as it only inputs complete years, but if we parametrize it with as follows, we get to a near enough figure:

•   Purchase Amount: 1$
•   Repeat Purchase: Daily
•   Accumulate for: 5 years
•   Starting: 6 years ago (5 for current value)
•   Compare to other assets: at will.

This is not well thought out. What about fees? Maybe it's better to save these dollars and invest when it's more reasonable to do

Daily $1 is not suitable at all but daily investment is a good way to gather money. It is really a great habit for investors. We can make it monthly from daily. Hopefully it saves our daily fees and time also.

What is the ideal minimum amount for daily or monthly investment in your opinion?

I think it is better than to waste $1 or any amount on my vices that could even be a threat to our health (cigarette,alcohol and gambling).
It is funny how the others tend to waste their money on their vices instead of securing their future and blaming the government or other people for what they've become yet they hold responsible for all of it.
I am also one of those kind of people but I like to change it I want to be better in the future for my family.

Without think about fees, maybe if people invested $1 daily, he will have a lot of work to make how much price in average that he buy the coin. And then think about what price that make it as be profitable investment. Me personally wouldn't do that and better to buy coins and then hold with anything happened to it until my target reached.

I honestly like your idea of investing in Bitcoin, it sounds easy to do. But believe in me, to invest $ 1 in Bitcoin every day
for 5 years it takes a strong commitment. I believe most people are only able to do this for a few months. Because I myself
have tried this and only lasted 2 months. Because when in practice there are many obstacles, not to mention the transaction
fees that must be paid on a daily basis make investing in this way less effective.I prefer to do it every month rather than every day.

Why not do that investment other alternative coins with low price and reliable team that is traceable to progress of development. After a year or thereabout, $1 will not be sufficient to cover the transaction fee if your target is to reach $100k per Bitcoin.

Don't make things complicated.

For a believer that truly believes that Bitcoin price will reach $100,000 then no need for this $1 a day quote when investing (I'm a believer but not taking that price target yet into realistic thing to happen :) )

As long as people know and accept the risks of what are those possibilities that might happened after they bought bitcoin at any price, then bet that someday their desire will happen. *finger-crossed*

Well, I don't agree with investing altcoins, --most of them suck especially those who are not in the top 10 lists of coin market cap.
Just stick to bitcoin investment and that is good if you are holding this in a cold wallet that you did not often use having transaction, like day trading transactions. However, I also disagree with OP offering service like someone will hold your investment, which will not work in a long period of time, and I always afraid of scam. Invest bitcoin $1 each day is good by having your own cold/hard wallet. Perhaps the demand will be increased soon and the bitcoin price will be pumping up in the market.

It doesn't matter since you need to pay the charge as well, So it's better to invest at once without a moment's delay and spare your bitcoin for a long time.

---

Long haul venture can assist you with a benefit.
Bitcoin won't bring you down if you believe in it. It's on a bubble nobody knows whenever it goes up there are no odds of falling cost

It's just a what-if scenario, a useless idea to even spend time thinking about it imo. It's not like you can turn back time to invest again, and plus, it only makes you wallow back to what could've been your life is, not just in Bitcoin, but in every other decision you've probably made that you've basically regretted for quite a while. Not a positive attitude to look about tbh, thinking about the past is fine and all, but being swallowed by the fact that you could've done better is quite detrimental to ones self.

Other than that, a $1 daily investment strategy seems nice, but fees and all of that probably wouldn't even allow you to move it over properly, and would just create an unnecessary hassle. It'd probably be better to instead buy chunks every certain period of time, let's say every 2 weeks, or maybe even a month. Of course, you won't only invest $1, but more, depending on how much you can actually invest.

There is already existing thread similar to this,investing 1 dollar a day in crypto,i just can't find it now.

But mine?i may take a 30$ a month investing similar to this 1 dollar because my payroll money comes monthly.

This will be  big amount after several years.

Great idea! It is an incentive to save, I save it every month a little. We must always save because we do not know what the future holds. A business opportunity or some unexpected event. Bitcoin is classified as a long investment, but there are investors who turn to it to earn profits.
Let's take advantage of the fact that Bitcoin is the first most recognized coin to make the Bitcoiners community grow more.

It looks great but I think that is a bad strategy.

Since that would be daily transactions, most of that investment is going to the fees instead of investing $365 or $366 straight. Another thing is that with the price change in those years, I think it is better if you could invest as fast as you can as the price is not that high. Considering the price changes in the years, it is better if you could invest early. Also, you could take advantage of the price changes that will happen within those years so you can maximize the profits you will be getting.

A job that requires very high persistence because it will not be easy to do this. But what is clear is that before the time of up to 5 years it is highly believed that you will be influenced to sell because the value is already so high from the expectations you will do. so it looks like you can be sure you will be tempted to finally forget what you want to do.

Damn, that's a deep word. I have suffered that thing in the past where I keep regretting everything I did in the past. We have to move on and don't get layed on the bad past. Remember thinking about bad past could affect your mental health and your daily life overall, it will make you become a better person later. Trust me.

I remember that day you couldn't even buy $1 worth of Bitcoin on any big exchanges, I mightbe wrong tho.

Look like saving money in the bank but I think 1$ is most little with higher fee when transaction to buy, better one week or two weeks you should invest above $20 in bitcoin for long time. You will see how much profitable than you save your money every day without have higher value and keep inflation later. When saving your money with bitcoin you will have big chance to get much profit and keep worry to save your bitcoin with safety, many moment got investor will bad reputation wallet after lost their assets.

1dollar per day in the form of savings can be alot to some that dont have a decent life or a decent job . the idea is simillar to what i always read but that wasnt related to crypto but its about saving money . if people can spend thier money on random things that arent beneficial , why not or what if those people save that money . in our case here , save it in the form of bitcoin . bitcoin is divisible but there is a minimum amount for cashing in fiat to btc , there was also a fee .  if only buying and saving btc is as easy as saving a fiat money , why not  ?

Perhaps, @OP can try to invest in bitcoin monthly with some amount, let say $50. No matter if the price is at a high price or low price, he still buys bitcoin for $50, and he does that for 5 years, so in the next 5 years, he will use $3,000. Every year, he can hope that the price will be different to see how much profit he will get.

Investing in monthly will make sense compared to invest $1 every day because we might not have a chance to buy bitcoin in our daily busywork. So if we invest in monthly, we can allocate some money to buy bitcoin, and I suggest this to my friends. But I don't know what is the results because I lost contact with him.

Most of exchanges have minimum transaction amounts, so investing a dollar per day isn't possible. I think that the strategy to invest 30$ each month will be more beneficial.

I would call myself a small-minded investor that has no idea what he is doing and why if I happened to invest only a 1$ in Bitcoin every day for 5 years. This is how I see this imaginary situation. That fact that I found a potentially disruptive innovation long time ago and started investing in it a tiny-tiny amount doesn't say anything good about my investing qualities. If I saw that a technology has a big potential to change our monetary system or, at least, to become a currency of the digital space, of the Internet, I would start to learn about it, trying to understand it deeply. Then I would realize that Bitcoin is worth to be a big chunk of my portfolio. If I learned bitcoin for almost five years never recognizing its importance and potential, I would doubt my sanity. It is a bad strategy because it shows one never learns from own mistakes and doesn't know what he is doing.

Sounds tempting. Are there any particular companies you can recommend? I'm about to start working with this one https://www.instaforex.com/reviews_forex_traders (https://www.instaforex.com/reviews_forex_traders). Any thoughts?

Yep :) it's very easy to invest on cryptocurrencies, but the thing is it's not easy to choose and manage your investment.
If you think it's an easy peasy to invest, I'm quite sure losing will also be an easy peasy to you. :)
Small investments like $1 dollar a day, sounds like saving some penny everyday, since the OP wants to invest it on bitcoin, the total value of his investment will depend on the value of bitcoin, if it went down, he received negative roi, on the otherhand, he will receive positive roi and good profit.
Since the investment is for 5 years, the result of ROI still not guaranteed.

I think earning a large amount of money by investing $ 1 daily in bitcoin is outdated. Now, bitcoin is a cryptocurrency known all over the world. Therefore, I recommend investing in an altcoin you want instead of bitcoin every day for 5 years.

What makes this idea so cool is that you won't even feel that you're investing every day with a small amount and you'll get a bunch of money at the end of year, IF bitcoin pumps every time you're buying. I've also read a same idea like this, but it is investing in a monthly basis, typically works like the same. But still the best form of investment is one big investment buy during a dip or in a support price level, you'll gain a lot from it with bitcoin.

The choice of investing in Bitcoin by buying Bitcoin for $ 1 every day for 5 years is not a good idea in my opinion.
Because it will only make us have to pay transaction fees every day, after all, if we are busy people making time
every day to invest in Bitcoin it makes our time run out. Why not do it once a month or once in 3 months, it's more
effective in my opinion.

well it depends on how much is the value of Bitcoin each time you invest,example this week the price of Bitcoin is too low then your investment is good in future,the problem is if the next wee the price of Bitcoin goes very high what will happen is your investment will stay low if that scenario happens as Bitcoin take that as highest value for the next 3 years.
for example in 2017 when the price of Bitcoin surge high for 3 months,then starts to fell low in 2018 and until now,it is 3 years passed yet you will not recover your losses.

you cant earn large amount of money by doing what is instructed . i calculated that you can only get over 0.1xxx btc , thats small compare to the money and time you have spend on investing  . value of btc merely moves , i sense that its value will still be on this range in the future or worst if your unlucky the value can dump more resulting for your investment of btc to go down . earning a small money is possible and wont be outdated  and if btc is well known ? whats the problem . you should be happy with that because that means more demand and more price increase

Maybe what he mean here that the amount targeted to be invested but not literally 1 dollar a day to be bought,it can be 7 dollars a week or 30 dollars a month,or even 90dollars quarterly,what is the main objective here is the amount to be invested is 1 $ per day.

actually that is what i think OP will do,because he is not that stupid to pay fees everyday that sometimes even higher than the amount you need to buy because of congestion.
lol how come that popularity affect our ability to earn investing in bitcoin?and are you serious that instead of Bitcoin you wanted OP to buy Altcoins?

Sorry, but it's silly af. You must have at least basic knowledge of when it's a suitable moment to buy

What I want to say here is that getting rich by buying $ 1 bitcoin per day is outdated. On the other hand, you have the chance to make money with a $ 1 daily investment, but I think the amount earned doesn’t meet the expectations.


So indeed, I am serious about buying altcoins if he wants to earn a lot of money by investing with a little bit of money. The bigger the risk, the bigger the reward.

In my opinion Yes, you can earn more in short term by investing $30 a month in altcoins but the risk are very high and after a couple of month you can lose everything that you invested.

Whereas investing in Bitcoin reduces that risk drastically and it also ensures huge returns in the long term.

Investment with a single dollar is not recommended or suggested because today the transaction fees are high and it is the same cost of the transaction fee in my country the transaction fee is almost 1-2$ already and its this is not good why not trying to make an investment with a lower market price and sell it into a higher price, this is the most commonly used by the investors so why not this kind of practices we made, well if you make an investment when the price of it so low there is a possibility that your 5 years investment will give a huge profit soon it will pump.


Base on my experience on investment I think its good enough for 3-5 months only because previously we experience the price of the bitcoin is on ATH in the month of January and AFAIK at next coming month the price of the coin falls immediately^[1] and the price recovered too in just this range on the month of July.^[2]

Let's summarize it to be monthly, year quarterly or a year. To save transaction fee. The daily Saving is just an idea pointing to how much little investments can make much overtime. Bitcoin has always been in encouragement of investments being a future currency, but since we may not have all days enjoying the market value, there will be bear and bull, we may take advantage of the better days than the days it may not be convinient.

We wouldn't know if we would still have the same result it is from the past before the huge price increase.
It could be worth it if we are only saving and not aiming for the same profit or a huge profit beside a small amount per day wouldn't hurt much.
For me it is better plan rather than just putting it all in the same time at least in this way we wouldn't feel we lost too much when the price drops down because the money that we invested is only are excess money.

this is also a good way and I have used this method to collect bitcoins, usually I invest a few dollars in bitcoin every week or every month, I think this is a good way to use as a long term investment, at least people will not be frustrated when the price drops for a moment , I think people who invest in bitcoin since 5 years ago might have had good results today

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That strategy is called dollar cost averaging and it works perfectly fine on unpredictable markets like cryptocurrency one. Even if you are an expert, an experienced trader or a technical analysis guru, you can't say with a high degree of certainty that the particular moment in time is the most suitable moment to buy bitcoin. If such experts existed, they would have bought bitcoin when Satoshi was introducing it to a narrow circle of cypherpunks. Since we are not able to foresee the future of bitcoin, the only strategy that is efficient enough is to consistently buy bitcoin at whatever price. However, as many have said, buying bitcoin on a daily basis may cause additional loses due to high transaction fees.

It sounds a good idea I'd say but isn't that will be a strenuous thing to do? Perhaps you could expand it to weekly or monthly, this way you can minimize your task.
Buying at every moment was good simply because you don't need to be worry if Bitcoin plunge or surge anymore. This kind of strategy will also expose you to minimize risk.