Bitcoin Forum

Is 1$ investment in crypto every day enough? I'm making up to 10$ per day and I don't want something that will tie me down financially since I have other things I'm using the money for aka responsibilities so all I can afford is 1$ per day, also is BTC the best option with this 1$ per day?

$1 investment into Bitcoin or any other cryptocurrency? I am aware of a $1 investment daily in Bitcoin for 5 years which can earn you a profit of roughly $20,405. It has been already discussed here - https://bitcointalk.org/index.php?topic=5222895.0

If any other cryptocurrency then which one would you invest in?

10% of your income is a fairly responsible amount in my view, so I'd say go with it. Just remember that with that amount, you're likely to not get rich with bitcoin, but it could definitely help boost your earnings by a good amount if things go fine.

Also quick reminder that you should be frequently looking for more ways to increase your current income or look for more income sources.

If currently that's what you can afford, then that's better than having no plan of investing. It's a good start with that amount and my suggestion is that don't do it daily but rather save that up to a week and then buy it when the price seems to be down if you're going to buy bitcoin.

It's better that you have this initiative than have nothing at all. You can imagine this like as your savings but with a better choice because you'll be putting that bitcoin. And if you have any means of increasing your income soon, do not hesitate to add up that % from your daily income.

It really depends in what you invest. And for how long do you plan on holding on to that investment. So without knowing your specific goals and plans it's really hard to know if 1$ per day is good or bad. On paper it seems like a small amount, but just for clarification, if you invested 1$ a day during a period of 2 years in a bear market into let's say BTC or ETH, and then reap the rewards when the bull market starts, then that doesn't really seem that small of an investment.

It's clearly better than nothing. "Enough" really depends from person to person and from country to country.

Also be aware that you probably won't deposit each $ separately, won't buy BTC for each $ separately and the withdrawals to your own wallet are not cheap, hence you'll have to check all the fees involved and plan accordingly. For such small amounts the fees can be a big problem, especially if you are not super-careful.

Exactly. Also I wonder what the fee for 1 input and 365 outputs (1 year) would be on noncustododial wallet. It would be better for Maliceprime to have weekly or monthly saving plan in a way this can be achievable.

@Maliceprime, this is the right time to have this type of saving plan, bitcoin has already plummeted from $69000 to around $40000. I will just advice you to never sell if you see the price plummetting more, just continue your saving plan so far you want to save for years, you will make profit from it in years to come.

I would say that it is definitely worth following your aim and make daily investments. In future, your efforts will be repaid. Will be like people "who buys lottery ticket every day/week during many years and one day hit jackpot". I only confused by the amount you want to invest. Any investment is good, but 1 dollar? How will you manage to buy $1 worth Bitcoin and not lose on fees ? I am sure that place where you going to buy Bitcoin has fees or minimum amount to be purchased. Fees are your main enemies. That is why I suggest to invest weekly instead of daily.

The OP says it earns $10 a day, which means about $300 a month, which means it will set aside $30 each month to invest in Bitcoin or some other altcoin. Although it may seem like a small amount, I think it is quite enough to start with, especially if that amount is not something that significantly affects everyday life.

As other members have already mentioned, with such small amounts one should always be careful when it comes to fees for sending money to crypto exchange and in case of withdrawal of cryptocurrency in a non-custodial wallet. Therefore, the only logical choice for the OP is to deposit $30 each month on the crypto exchange, buy the cryptocurrency and then withdraw to his wallet after a few months. Of course, the OP can always choose the option to store coins on the exchange, the risk is always there, but it will certainly save on fees.

It's better to invest weekly to cut down the sending fee to your custodial wallet every day, 1 dollar every day is 7 dollars per week which still makes sense.

That's very good that you want to invest your little amounts into crypto but what specific coin you are talking about to make these investments?

If i speak about coin then my advice is only for bitcoin rather than researching some altcoins which are mostly shitcoins that would not give any return to the users so take this into mind.I have been DCA investor for past few months and are carrying on my journey.This is friendly advice to you because if you understand bitcoin you would find its the best and feasible deflationary currency you could invest in.So go for it only.

Now the amount for you is $1 per day but the fees would charge you considerable amount so the best is to invest monthly $30 which is going to best option for you through DCA method if you are aware about it.The aim should be long term in your mind without the hope of selling immediately as you would have gained nothing from your stash.So wait for some times without getting panic from the dips and invest this amount.

You will have good amounts if you are consistent and beleive in bitcoin.

People like OP usually can’t save money in long term unless they will remove already there daily savings out of there pocket. I can relate on this part because I usually overspending as long as I have money in my pocket. I believe the OP goal is intended to buy crypto in bulk but he will save in daily basis the 10% of his income so that investing in Bitcoin will not affect heavily his budgeting once he done it in one shot.

When it comes to the DCA investment method (https://www.investopedia.com/terms/d/dollarcostaveraging.asp), I think any amount is good if you stick to it consistently. Like they say, "It's not the amount of capital, it's the rate of return that matters". The DCA system works, but you need to take baby steps if you are just getting started.

You have a big soul in the investment world, you have a strong desire to invest, $ 1 a day times 30 = $30 in 1 year you have saved $360, this does not count the profit from moving your investment to your crypto investment.

If you want to invest $1 in one day, honestly I support you in this, very rarely people have the desire and principles like you, Most of them want to get rich quick, just the opposite.
Advice: find the cheapest crypto and do $1 a day to invest, I am sure if you are patient in this, the next 2-5 years you will be a successful person with what you are trying to do.

It's a good start and I would like to encourage you doing it, but I want to inform you that most exchanges have a minimum deposit, minimum withdrawal amount and minimum trade amount (10 USD for most exchanges)

So what you are going to do is gather the cash on the side then when it has gone to $30 or $60, you can purchase Bitcoin. Also avoid exchanges like Binance. They will charge you a withdrawal fee of 0.0005 BTC (currently 20 USD) if you are to withdraw to a noncustodial storage wallet, which is usually recommended.

FTX offers free withdrawals for certain amounts of Bitcoin.

My friend, there are many things you are not telling us, and we cannot give you a proper answer without you giving more details. I understand that maybe you don't want to give too many details for privacy, but an adequate answer to your question depends on:

1) Your age.
2) Your current and projected future salary.
3) Where you live.
4) Savings/investments to date.
5) Debts.
6) Subtracting 5) from 4) will give you your net worth.

So, the question of whether a $1 investment is ideal is not going to have the same answer for someone who has an annual salary of $100K and a net worth of $500K as it would for someone who has an annual salary of $15K and barely makes ends meet.

Going to your specific case, from what little you say, it seems that this is the maximum you can invest. So, the question is: do you have an emergency fund for contingencies? If the answer is no, allocate that money to save at least one month's expenses and after that invest 1$ daily or $30 monthly.

It would be necessary to see if you also have debts, but well, if you want to give us more details and we will advise you.

Enough for what, to buy red Ferrari or something else?
It's not a good idea to buy $1 of bitcoin everyday for several reasons, first is that you will have to pay fees for every transaction you make.
Much better option is to invest weekly, monthly or from your every paychek with dollar cost averaging system (you can repalce dollar with euro, yen, pound, etc).
It doesn't mean you will get rich doing this, but looking long term dollar cost averaging payed of very good if you are willing to wait for few years.
You can do your own calculations on dcabtc website:
https://dcabtc.com/

$1 per day? I suggest for you to keep that $1 until it reaches $100.
I know investing is a good plan but must it consist of a good strategy as well. Imagine spending $1 per day for investment and then paying more than $1 for the transaction, I don't think that was really good.

Timing and Capital are somewhat we consider upon investing. We don't need to push ourselves if we don't have enough to start. You don't need to do that for the sake of investment as surely there is a perfect time for you to begin with. Save you $1 per day, friendly advice.

A good start when you have the initiative to save or invest $1/day. But the amount is still very small if done every day, my advice is to collect it first until it reaches a sufficient amount like $50 or you collect it once a week.
Buy bitcoins or coins that you trust every week regardless of the price, and this is included in the DCA (Dollar Cost Averaging) Investment strategy.
Use the money from your earnings to invest well, Bitcoin and Ethereum are highly recommended.

Assuming that he will use a centralize exchange, there's no way OP can withdraw the bitcoin daily into his wallet because there's a fee related with the withdrawal & that's quite high as far as I'm concerned.
OP, if you are planning to buy for at least 5 years, I guess this worths. Otherwise, it doesn’t. You may eventually will find a good ROI but that's not going to be a handsome amount. I don’t know where do you live but $1/day saving for 5 years wouldn’t make a big amount I guess. Better try to purchase bitcoin now and invest some parts in altcoin when you get some good GEMS there.

One of the key factors is going to be, in any case, determining where and when you buy those SATs, since fees will play a vital role, alongside minimum order requirements.

One thing you can do is play around with a bitcoin DCA calculator such as this one (https://dcabtc.com/), to see what would have happened is you regularly invested certain amounts recurrently, over a given period of time. Bear in mind though that fees are not taken into account on the calculator, but you can get a feel of what happens in gross terms with historical data scenarios (that obviously do not guarantee future ones).

To me 10$ per day is a lot of money and if 1$ should be invested everyday from 10$ is a good plan because to me 1$ is an amount that is affordable to invest in bitcoin. But I still trying to imagine how you go about it, if you buy bitcoin that what 1$ every day or you gather the money to reach a certain amount, then you buy. Buying expecially when the market price is high with 1$ seems some how.

My first thought on this was NO! because in my country $1 is not very much and the fees
would be too much, you would have to consider a weekly or monthly exchange as others
have posted, but realising its 10% ^{as mk4 posted} of your income
so yes its enough, you have the right idea not to overstretch the investment
and leave yourself struggling with the essentials like utilities and expenses.

The time to start is not
The coin to start with is Bitcoin

Well, I did a mental sum of the $1 daily investment but it didn't amount to the figure you've out there. Except it was through compounding or some other plan.

OP, the $1 daily investment is just ¹/10 of your $10 daily earning. That isn't bad, and it's not a difficult thing to achieve. Besides, now isn't a bad time to invest in Bitcoin; looking at the crashed price ATM.

Are you going to literally buy 1$ worth of Bitcoin on a daily basis? Don't you have to pay more fees this way (fees and stuff)  which makes this method unprofitable.

Maybe try to allocate a percentage of your monthly income and invest that in bitcoin or any other coin out there.

If we're to judge by the future beneficial and betterment presented by Bitcoin. The 1$ per day investment plan in BTC is good because the level of the institutional and celebrities enthusiasm in BTC is increasing every day. Besides, the "BTC addresses holding about 1-10 BTC were said to have been increasing over the past month."
I am sure when you start the $1 investment in BTC you'll increase it at some point.

Well, it's better than nothing though I would say that this idea depends from person to person since not every country has the same price of rates when it comes to salary but 1$ is just a small amount though but the problem here is the transaction fees that would bounce back and forth due to the volatility of the market trading.

So it's up to someone on how they would bend their investment like instead of investing 1$ per day why don't they invest 7$ per week or something like that in a month.

If that's what you can afford, that's good enough. But for sure you won't settle with that $10 income per day for long. You will probably find more ways to earn.

Other people might suggest you alternatives to Bitcoin, but I think Bitcoin is good enough. But you will have to set it up for a longer term. At the very least, consider it as savings. Saving in Bitcoin is a lot better than saving in fiat.

Finally, minimize transactions. You don't have to buy every after few days or weekly. You can do the buying every couple of months or even more.

Etc.

Regarding what you say, I suspect the OP is buying Bitcoin, or rather a Bitcoin derivative product like Paypal, Revolut, etc. That way it doesn't matter what the inputs are. If he pays 1% he doesn't care if he pays 1% of $1 30 times than 1 time a month 1% of $30.

Let's see if he comes back here and clarify doubts, although I'm afraid this is going to be another case in which the OP asks a question and then does not come back to comment on the thread.

If you are consistent and can be dedicated, a 1$ daily investment plan is enough to help you build and develop the habit of not spending all your income and also allocating some to investment. A 1$ daily investment is good to start with considering your current income but not okay to stick with considering current rates of inflation and how not so substantial your investment will be if you stick to 1$ in a few years time. So as you work to earn more, plan to increase your investment as well.

Also for you 1$ daily investment in crypto not to be a waste, you can stack your 1$ up daily maybe in a piggy bank and invest in crypto once in a month with the total of your daily savings.

Investing $1 in crypto every day will be enough for you, but it depends on the coins you want to invest in.
But you have to focus on saving $1 every day and not miss anything because if you miss even one day, you have to add the investment amount to two parts.
Maybe investing in BTC could be the best option.
I hope your investment plan goes well and don't forget to set how long you should invest in bitcoins.

I agreed. A day transaction would only go to fees, however thr advantage of a daily basis could take advantage the possible lowest price daily. If he can resort on weekly or monthly maybe he could missed a very low price. It have pros and cons, but hope there are exchange can accomodate this with super little or no fee at all.

You have a point about the transaction fee to be the major challenge if the user invested $1 into Bitcoin every day but isn't this the reason why lightning is a perfect alternative?
Meanwhile, she didn't have to invest the $1 every day but she can save the money into a piggy bank till when the money is enough to make a single transaction.

If you really don't need that one dollar/day then investing it in cryptocurrencies seems to be the best and wisest thing to do.
But as other members pointed out above, since the amount you are planning to invest is a bit small, it would be better to buy cryptos on a monthly basis rather than a daily basis to save on fees.
You should also know that investing in cryptocurrencies is no longer as profitable as it used to be in the early days. So don't expect a huge profit in a short period of time especially if you are going to invest only on the major coins (btc, eth...)

The wisest thing for investment is to" Invest the amount that you can afford".
Although how much they will be, it doesn't matter as long as you can set aside that money for your investment, and they are free money. It is better to invest only $1 per day than forced to invest much money but you are using the money for your daily needs or forcing yourself to invest much money And I also know that 1$ in your country may be very worthy so that the amount doesn't matter, moreover if you can make or d it consistently. However, if you are going to invest $1 per day, maybe you can collect them at first daily and then buy the coin once a week or month in order to fulfill the minimum requirement of trading or even saving the transaction fees. Good luck

Obviously, man. I think I should have thanked you for this great thought. However, I believe I will try to invest in some fresh alt-coins with strong aims that might be the best for investing. Thanks

Do you have potential altcoin in your mind that will give you guaranteed returns in long run or even short period if you are able to cash out them on any exchanges? Assuming you are total newbie to the market be aware about the scam projects tending to be the best you can get but will loose your funds so stay away from them.

For example some top altcoins like ETH but could you afford the gas at this time ? The history has proofs of top 10 coins on CMC have changed btc being the exception of being on top always.That's why have suggested you to invest in them by consolidating your inputs into one large transaction and go with it only.

But still your funds your choice and you can explore the market because there are more than 18k cryptocurrencies in market to choose from but now many have you heard of? So make some wise decisions.

$1 is not a big amount but if accumulated it will grow by hundred folds as long as you are comfortable with what you are allocating you will be fine and that's the best idea, and Yes BVitcoin is the best coin to invest with your $1 but you need to understand the volatility of the market you cannot be sure that it will increase tomorrow or go down, you have to understand volatility, it's better to pick other coins in the market that have proven their potentials like Sol, BNB and Eth, it's good to have many coins in your portfolio.

Someone have made emphasises, using 1$ as illustration and via in his summary their was results of accumulation of generated profit per annual with 1$ investment in cryptocurrency and especially bitcoin, so with this analysis made by people i think it's of your hands to make proper decision of financial investment rate, using any rate for investment, because i know vividly that we do encourage to invest what you can afford and what you can lost.

The $1 per day allocated to investing in crypto might sound easy to most people as this kind of investment strategy will probably be favored by those who can be consistent with their investments. I've heard success stories about this strategy although there are actually many other strategies that you should consider.

But what about $30 per month, does that sound any more difficult than making a daily $1 purchase?

You can use bitcoin dollar cost averaging to https://dcabtc.com/ and see yourself whether it's profitable for you or not. I haven't tried DCA but in theory it looks a perfect thing. All you need is consistency to follow this technique i.e. investing a certain amount per day.
DCA works best if you accumulate btc for longer period of time , it's not suited for short duration. Check the above calculator.

Why daily?
Is there any reason why you've designed your investment package to take a daily pattern?

Yeah, you earn $10 a day fron what is contained in OP but still, that doesn't mean you can't design a package that could be weekly based. It's your design for sure and you should stick with what is archiveable although, I was hoping it should assume a weekly design to minimise the charges that might follow in cause of your transacting. Its still going to be $1 but multipled by x7 or your number of working days.

As much as a $ might seem small tooat persons, i try not to see it that way so long as, your piling up some Sats.

1$/day, so that amounts to around $365/year on investment on cryptocurrencies. I guess that the returns would be relatively profitable on your end especially that the value of cryptocurrencies are inflationary by nature. Though you have to clarify in which "cryptocurrency" you are referring to. If you mean by investing 1$/day in BTC, then you are at least HODLing for long-term which would be considered profitable on your end.

If you aim on diversifying your portfolio by investing into other cryptocurrencies, then you may also profit but this also depends on which altcoin you are focusing on.

Yah choosing the right altcoin and investing such amount, might bring more profits than getting profits from Bitcoin by investing the same amount in it. But yes its much safe enough to the new ones to invest in bitcoin. Long term investment would certainly bring more profits so better to go for it. Always a small investment would one day be piled up more and can easily see a profit.

This might have worked in the past and I can see some threads as recommendation but I don't know why no one is talking about how you intend to buy 1$ worth of Bitcoin today especially now that bitcoin price is high. Do you intend to use an exchange or buy from p2p, either of the two will be possible as most exchanges will require you to buy at least $10 worth of Bitcoin and p2p has their terms and conditions for trades.
My little advice, save up the dollar bills and buy at every sum of $10 or $20, keep doing that until you reach your desire quantity.

Investing with $1 per day is not easy because it requires consistency always to use $1 to buy the same coin for a certain time. It must be tough, but I'm sure you can do it if you really have a strong will.

I think it is quite difficult for the choice of coins because you use very limited funds to invest. But that doesn't mean you can't because you can still choose coins that you can make as your investment.

You can choose bitcoin and start investing $1 per day, and don't stop until you reach your desired timeframe. I have a suggestion for you. Maybe you can invest once a week where you can collect $ 1, and if it is calculated in a week, that means you can collect around $ 6-$ 7 and that you can use to invest. So you will invest every week and not every day, which will not be too difficult for you. What may seem difficult is setting aside $1 per day to collect for a week and then using it to invest.

If he keeps that $1 a day, he actually needs more years to have a good return.
And I believe this sayings "more capital, more profit", that is why I encourage the OP to increase it and if possible he can make $5 a day, that was really satisfying enough. However, we don't have to push ourselves then if that $1 is the only money we could take to risk, as I don't like sacrificing our need just for this seek coz it wasn't a healthy idea nymore.

How do you plan to do this because 1$ per day is 30$ per month you can't be using 1$ per day to buy coins without gas fee, it's best to gather the 1$ up to 20 to be able to send your into your wallet maybe days later.

It seems unlikely that that could be a possibility for the OP since he mentioned that his income is about $10 daily. I think he should try to bring more money to the table as his first priority. That way, he may be able to afford to invest more as he grows and be able to sustain his lifestyle.


I agree with you though, I think the amount of the investment should not be so much that we can't sustain the risk. We have to choose carefully with our risk tolerance and investment goals.

[quote author=Maliceprime link=
Is 1$ investment in crypto every day enough?

Actually, there is no small amount when it comes to investment, but however while making an investment, there are several factors that needs to be considered which could make an investment either a success or failure. Which include:

No 1: Timeframe: Because how long do you intend to continue saving this $1 per day. Is it for 1month?, 6months?, 1year?, 2years? Or 10years? Because the more the timeframe, the more profit it will accumulate.

No2: Consistency: Because can you be consistent to carryout this your plan for the designated timeframe, or you will get at some point and start getting fed up.

No3: Discipline: Because can you be so discipline enough to not panic when the price of the coin pump so high that you may think that OMG 🙉, finally, I have arrived, or remain consistent to your plan.
 


 
Actually, for this question, it depends on how long you intend to go on with this your $1 per day savings budget, but moreover, there are still other good coins out there like Tron, Ripple and Pokadote which got some potentials.

Your efforts will be repaid if you hold your assets, 1$ per day is 365$ in a year for me this is really small but it's still better than not investing a penny, the highest I can invest on a alt is 100$ and more on BTC, if any good opportunity comes make sure you grab few altcoins as well like Matic, polkadot, Solana, Terra.

10% deducted from your profit is fine, save that money from 1 week to 1 month, monitor the market, and when you see a reasonable buy point buy and invest sensibly. Good luck :-*

How do you implement what you have planned? Every day you buy BTC for the amount of 1$? This is almost impossible to implement because no one will sell such a small amount.

The option, with saving 1$ with a subsequent purchase, for example, once a month already looks better.

Here the question arises, where to store these savings in BTC. If you send it to your wallet every time, it turns out to be expensive, taking into account transaction fees. If you store it on the exchange, then it is also a bad option, but sooner or later you will have to withdraw your funds from here and the commission for withdrawal is even higher.

Even a cent per day on BTC will become big someday because BTC add value most times and it's slowly growing bigger, some day even satoshis will have big values as well, I recommend gathering BTC bit by bit for long term you won't regret it.

You are right but I plan to do the buying at every 10$ so I safe the daily 1$ everyday till 10$ is up and I do the buying on exvhnage, I have already started this journey and I have increased my investment to 2$ per day on BTC and so far so good, while BTC was at 17k weeks ago I use 100$ to purchase some and I am in profit now, thanks for the advice.

1$ invest on BTC at its peak years ago worth millions today, you are on the right part, by 2025 crypto would have worth 5 Trillion so get ready for a better future that most aren't seeing right now, be strong and don't let anyone tell you otherwise.

Bitcoin ATH at $69K while now the price only around $24K, this mean if you're start accumulating Bitcoin from the peak until now, you're had unrealized loss lol, not worth millions. I wouldn't call it impossible, but it's high unlikely crypto global market cap will reach $5 Trillion because after 13 years, the global market cap currently only $1.16 Trillion, maybe it would reach $2-$2.5 Trillion.

When it comes to BTC no amount is too small, years ago when we still have few BTC faucets around I claimed too many SATs at that time and I sold but the value that my old wallet is showing me right now is over 2000$+ and that's even right now not when BTC was 67k, its not too late.

Considering the fact that, these transactions ar usually charged with a fee and it doenst matter the amount involved, $1 per seems a lot small although, its justifiable as it is 10% of your daily income and that stands a worth a while investment amount and spare money but, you might want to device another means to beat the charges associated with making this transactions.

I see a lot of advantage in making it a weekly or even monthly investment plan. Perhaps you have some place or some reliable someone that could help hold the said amount daily until your ready to invest in your determined periodic interval

Although, you've got to be disciplined to go with this but, your goal should be the motivation to keep you in line. Which ever is easy for you, that's what you should do but ensure you pick an option that beats the fees.

Any size of investment in bitcoin deserves attention, so your $30 per month may eventually turn into a larger figure. You can also invest in another cryptocurrency that will help you increase your balance many times more, but you should understand that the risk of such investments losing your money will be much higher than investing in bitcoin.

I would put $1 a day in Cryptocurrencies, but I would not actually invest daily but rather make a weekly, monthly or quarterly purchase instead.  That is due to probably insane transactional taxes that would leave you with probably less than 75% of the actual investment.

My opinion is, you should not look at Bitcoin as some investment just for the wealthy people.  Imagine some people bought 1 Bitcoin with just $1 a decade ago.  Think about it.  Unknowingly, you might be purchasing $1 worth of Bitcoin that could actually become worth hundreds of bucks years from now.

-
Regards,
PrivacyG

For higher ROI don't take the bet on BTC only, yes it's the safest option bit for better gains you need altcoins as well, even Ethereum would do just fine, now that Pos and the better gas fee are around the corner Ethereum will perform very well from now on.

The same altcoins that may get you rekt? Altcoins may be promising but I don't think they are safe when the market is crashing, they can give you huge ROI but can also take all that you have invested.

If you can afford 1$ a day it is not a bad idea, but personally, I will wait every weekend and sum them up together and then buy bitcoin weekly, I don't think there is any platform right now where you can buy Bitcoin as low as 1$ right now, you may even struggle to send it to your own personal wallet due to fees and doing daily buy may accumulate plenty of taxes on every transaction you do, you will have to buy from fiat every single time with each of it taxed.

It will be good if we use the money as free money. However, the amount of the investment, if we are using free money, will be very worthy. although we don't need to buy crypto every day, we can collect $1 per day and make a purchase after 1 week or more. So, that we can check the market and buy the coins at the right time. Additionally, by collecting the amount to be higher, we can also minimize the trading fees that are always needed in the exchanges.
Never other with the amount of the investment, as long as we can start to invest reglarly, this will really work

Actually many people are doing this kind of thing and it is good but the problem is with the transaction fee if you encounter that the market is congested there's a chance that your investment of one dollar is cannot proceed immediately because the miners will choose the higher transaction fees. Still ideal for me is holding those assets and wait for the market dip opportunity to make a buy still as long as you can buy a satoshi or other coin as investment it is a good thing to hold

I appreciate @OP for his thinking that he wants to invest some part of his salary into bitcoin and you can easily stack the lowest unit of bitcoin which is satoshi but a little suggestion is to save your $1 and make some monthly investment and you would have $30/month and you can follow the DCA method for it to invest it for long term.

You will probably have something with you in future even if you start slow contrary to those who think investing in btc is hard but you can surely do it keeping your goals high but with proper fund management plan so that fees won't affect your investment a lot.

Don't worry about transaction fees, you can use Lightning Network bitcoin and to buy $1 bitcoins every day can be done anytime with low fees and faster. DCA is done anytime even though the bitcoin price is high, because DCA is an investment for the long term, buy gradually and consistently, so more bitcoins will be bought.
Maybe over time, the investment made by the OP will increase, from the initial $1 per day it can increase to $2 per day and so on. This is the first step to start investing in bitcoin, it's never too late. investing in bitcoin also doesn't have to be a lot of money. can start with $1 per day like the OP did.

Besides the trading fees and the withdrawal fees if he wants to withdraw his coins to a private wallet (which is always recommended), there are other limits to consider:

- The minimum trade amount on the exchange you are buying on. Chances are, you can't buy $1, $5, or maybe even $10 worth of BTC. Maybe their minimum is $20 or more.
- The minimum withdrawal amount on the exchange. No CEX (I am using CEXs as a reference point since they are mostly used for buying/selling crypto) that I know of will allow you to withdraw $1 to $5 in BTC. Maybe not even $10.

You can't possibly know what the future holds for Ethereum. No one does. All we can do is speculate. The value of ETH could fall once they migrate away from PoW. There will no longer be a need to invest in expensive mining equipment. Miners become validators and stakers who will profit even when they sell their ETH cheaper. That can drive the price down. 

No crypto is safe whenever the market is bleeding, including Bitcoin. However, many of us know that most times, it's Bitcoin that causes the entire market to bleed. The irony of the whole thing is that most people don't even know that Ethereum, BNB, and other several great coins are the altcoins so much derided. Bitcoin is the only crypto that isn't an altcoin. So, it's not that altcoins are all potential pitfall. No, they aren't. Bitcoin also has the same crash experience as all. However, we can be right to say that Bitcoin has a kind of guarantee more than others that it won't disappear overnight; that's the advantage. But in terms of ROI, altcoins give a better one than Bitcoin.

That's the best way to go about it, honestly. That will even save OP unnecessary daily commission charges if at all the transactions pull through.

I love BTC and its the safest of them all but I've made more money from altcoins, to whom it may concern I am sorry altcoins holds the key to higher ROI, my advice is to avoid buying altcoins at the top, wait for big crashes and your money will be safe, altcoins are down 87-98% buying at this price is good and even if the market crashes further it will easily recovers, buying entry is the most important part of investment.

Buying altcoins at the top looks even more secured and guaranteed because they are almost established, known with large community based. Secured coins are good for a longtime investor except for a short time investor only interested in pump and dump for quick profit. If you observe from the current crash, the altcoins trying to recover as bitcoin is hitting $24,470 is the top altcoins like etheruem, BnB etc

The more you invest, the more you will earn.  Today you invest $1 and earn $10, if you invest $10 you will get $100, so the more you invest the more your income will increase.  And we should remember that cryptocurrency will never end and I think cryptocurrency will rule the world very soon.  You are investing as well as giving others an opportunity to invest. According to coinmarketcap, the best coin in the market is Bitcoin.  If you invest here, there is no loss, but there is a lot of profit.  Your idea is very good you can invest on Bitcoin if you want.
Thank you.

I wouldn't say it a bad investment because it clearly better than nothing, I won't say this plan will get you rich but it will increase your finicial stability. So if you feel very okay with the plan then just go for it. A penny is better than nothing. And again in this crypto world world the more you are able to invest the more you earn.

In 2017 when I get to know more about crypto I started with 15$ per month to invest on BTC, I don't buy BTC direct but a family friend gave me a graphic card and I uses that to mine Ethereum then get paid in BTC through Nicehash pool, by November of 2017 I have good ROI because the price pumped a lot from 1500$ to 18,000$, you are not too late.

No, it's not good enough, because 1$ per day is 365$ per year, you can get lucky if you join a new project that's still cheap, but I won't expect anything more than 3,000$ or a bit other 3k from this money, still better than nothing but find good projects and invest 100$ each.

Investing $1 a day in cryptocurrencies is unlikely to bring you significant income in the short term, since cryptocurrencies have high volatility and prices can change significantly in a short period of time. However, if you are willing to risk this small amount, then you can try investing in cryptocurrencies.
When it comes to choosing a particular cryptocurrency, the best option depends on your strategy and the level of risk you are willing to accept. Bitcoin (BTC) is the most popular and widespread cryptocurrency, but currently the price of it is quite high and it can be difficult for investors with a small budget. You can consider other cryptocurrencies such as Ethereum (ETH) or Binance Coin (BNB) which also have high upside potential. However, before investing money in cryptocurrencies, be sure to study the market and make your own risk assessment.

I think directing 10 percent of the income to investment is a very reasonable percentage. But this will be useful if your income exceeds those few dollars. Perhaps this percentage was sufficient during the early years of the emergence of cryptocurrencies, but today it is not sufficient to achieve a lot of profits, and in the best case, you will get a small amount that revives your income, but not to improve your situation.
Isn't it better to think of ways to improve your income to increase the investment rate?

1$ is good enough for me rather than don't have plan to invest for their future but Op like what other said above the price of Bitcoin is not just steady sometimes it will fall and sometimes it will raise so it's better to decide that every week or months instead of daily and also the best tips is that you can buy crypto during the price is low and when the price is high then it's better to save your Fiat and wait for the best timing. But the dicision is yours Op  if you want daily then that's good as well.

it looks like the OP did indeed take the advice given. and he has executed his investment plan. because the price of Bitcoin is increasing from the start OP planned his investment. now he has the advantage.
I hope the OP can come up with a better plan. the current advance probably won't be as big a value on his portfolio. maybe the OP can continue his investment with a longer planning time to get a profit and also an increase in investment value.

OP did well, maybe this could be a consideration for those who have limited capital to invest in Bitcoin.

It all depends on what you are doing with the money. If you have someone that will be giving you $1 per day for your investment then that is good than going for a risky business that could make you lose your profits at some time. It is good to invest in cryptocurrency but when we don't know how to do our investment or arrange our portfolio in a way that will give us optimum profits then we might be doing the wrong thing.

Bitcoin investment is a good one like buying and holding till when we are ready to sell and make profits. I don't know if op will be that patient investing in Bitcoin because the market is always volatile and now that Bitcoin is not moving the way we all expect it to move.

It can be a good way to start building your investment portfolio, especially if you are just starting out and have limited funds to invest. It's also worth considering the transaction fees associated with investing small amounts of money in cryptocurrency. Some exchanges may charge high fees for small transactions, which could eat into your investment returns. You may want to look for exchanges that offer low fees or consider using a platform that allows for automatic investments over time, which can help to minimize fees and make investing small amounts more efficient.

BTC is generally considered to be one of the safer options due to its established track record and widespread adoption, but also other top marketcap alts like ETH and BNB is also good to invest with low funds.

The best part of Bitcoin investment is being able to invest what you are able to lose.
It is been able to invest what will not push you into financial crisis.
It is been able to invest within your budget.
You make $10 every day and by virtue of investment some people only invest 5% of their income, and 5% of $10 is about 0.5 cents.
So being able to invest $1 out of $10 is a very good investment and it will bring good return on the long run only if you can remain consistent.

Investing $1 per day in cryptocurrency may not result in significant returns immediately, but it can be a good way to start building up your crypto portfolio gradually. Over time, small investments can compound and grow into larger sums of money, especially if you continue to invest regularly.

As for whether Bitcoin (BTC) is the best option with a $1 per day investment, it depends on your investment goals and risk tolerance. Bitcoin is the largest and most well-known cryptocurrency, and historically it has shown strong growth potential over the long term. However, it can also be volatile and prone to sharp price swings in the short term, which may make it a riskier investment for some investors.

If you are looking for a less volatile option, you may want to consider investing in stablecoins or other less volatile cryptocurrencies. However, these may not offer the same potential for high returns as Bitcoin and other more volatile cryptocurrencies.

It's important to remember that any investment comes with risk, and you should never invest more than you can afford to lose. Additionally, it's essential to do your research and make informed decisions when investing in cryptocurrency.

I would say that any investment is good, no matter if you invest a dollar or a million. Money must work, otherwise inflation will eat them and all of your efforts of working more. Even if your crypto investment fails, you will spend $1 on daily experience. Call it a test for your brains, intuition and luck. A dollar per day isnt a life changing amount not to risk to take that test. Even on a continued red market, if your daily invested $1 turns into "<$1" next day, one day you will understand and find a way to invest in profitable cryptocurrencies. Your expenses will pay off.

In a year you will have 360$ - 364$, if you are investing this on Bitcoin it's a sorry case, your money will be safer because you invested in Bitcoin, but the returns won't be very good even if Bitcoin do an x10 if this is all I can afford to invest in a project I won't be investing in Bitcoin.

Bitcoin can be a good option for long-term growth, but its short-term volatility may not suit everyone. Consider your goals and risk tolerance.


Stablecoins and less volatile cryptocurrencies offer lower risk but lower potential for high returns compared to volatile ones like Bitcoin.

It's not enough but it's not bad either and just as it was pointed to you of a thread with similar discussion and hope you go through the link and get more responses over there.   
I hope you intend to hold tis coins for a very long time and if yes I will advice that you just buy and hold Bitcoin because it is one of the best coins that has proven itself for over a long time now.
Also make sure you use the decentralized wallets as the centralized ones can't be trusted and anything can happen just as the case with FTX.
security is paramount and make sure you keep your seed phrase as there is a saying that "Not your key, Not your coin".

I think it's enough and I don't think it's a problem, just adjust it to your abilities and the income you currently have. don't be afraid and don't hesitate to start investing even with minimal capital, even if it's a little as long as it's done consistently little by little it's better than not starting at all.

yes, you should only invest in Bitcoin because it has been proven rather than investing in shitcoin. but you also don't get complacent just yet, it's best after you can be consistent every day $ 1 like your original plan, after that maybe you can try to find additional income again and try to increase the amount of your investment.

It's better to plan raising up to 1000$ for crypto investment, this amount of money is enough to bring you some nice profits, you are limited, if all you can afford in a whole year is +300$, you can easily split up the money in five altcoins, forget about bitcoin cos the return won't make it worthy, that 1000$ can turn 20,000$ in a year or two.

It's not a huge amount of money, and if bitcoin goes up 10 times in value, it won't make you rich either. But my question is, do you have any solution or project that can be as profitable as bitcoin but safe as bitcoin? Are you saying that with that money, you will invest shitcoin? Yes, you can invest in shitcoins, but what is the guarantee that they will be profitable or will cause you to lose your meager capital? Everything in world is very balanced, if you want high profits, you must accept high risks, and nothing is easy or free.

$1 every day is too little mate. There are fees associated with transferring funds and then converting them into bitcoin. In addition, exchanges require a minimum trading amount of between $10 and $20. The most ideal way to put resources into bitcoin is to make it monthly or at regular intervals each time your capital sum comes to $50 to $100. When you move your bitcoins to your own personal wallet, where you can keep your own keys, the same idea will be used. At Coinmarketcap, you can look at the top ten largest exchanges. And one by one you find the exchange with the lowest bitcoin withdrawal fee.

If the OP is only able to lose $1 for example in what is invested then that is quite good because he is only brave and never pushes beyond the capacity that is generated every day, so it is clear that any investment in bitcoin is still good enough than nothing, but if you don't expect too much profit because if you calculate it annually, it will only generate $350+ but if this plan, for example 10 years or 20 years, it will be better, it means that OP will remain consistent in his stance.

So never regret when starting from scratch with small value, I think OP can also increase along the way more than $1.

That is a very good way even though it looks very simple. Because if you do it regularly every day with a size of $ 1 to invest in Bitcoin, that means you have set aside as much as $ 30 a month to invest in Bitcoin and $ 360 in a year. It is a very good idea and everyone can invest with this kind of method because it is very simple and not burdensome at all. After all, you still have another $ 9 for you to use for other needs or just save it for other business capital.

I started DCA Monthly since early 2018, and stopped buying in early 2021, then sold 50% in March 2021, and started DCA again every 3 days in early May 2022 until today. DCA is the easiest profile, you don't need to think much. If you want a more profile, look at some index data and market sentiment. This is good for the long term, the important thing is that every deposit buys at the lowest price.

1$ crypto investment every day? Will the 1$ from your atm card go to the centralized exchange? So is this 10$ you earn per day from your job and not from crypto?

    Because for us to buy bitcoin in exchange, we need to make a deposit first and the minimum is 10$ and above as far as I know and that depends on the exchange, the others are 20$ minimum.

But if you can do that on an exchange platform today that's a good plan I think.

No that's not possible because transferring 1$ from the wallet to the exchange wallet cost much well if the assets of 1$ are already in the exchange wallet then the minimum criteria for opening trade on Binance is 10$ and in the future, you can start from anywhere.

Well, the plan of op is no doubt a great one he could invest 30$ monthly, and for the whole year he can invest 360$ well I must say if he/she wants to make big profits then op has to take entry in dips because the more price will go up the more chances of getting profits but no wonder in it that small investments bring small money, but slow and steady win the race if you could able to increase your portfolio from 360$ to 1000$ then I must say that will be a sign that you have got potential in trading, well I frankly speaking I am not that good in trading, especially in future and option.

I would stick with btc, or would recommend ethereum at most. Every other alt appears gamble to me and gambling should only be done with extra money.

Make sure to hold your coins in non-custodial wallet.

Investing $ 1 every day means that within one year you have accumulated $ 365 worth of dollars because every year has 365 days so if for example you buy bitcoin every day worth $ 1 at a bitcoin price of $ 27k like now maybe you will have BTC0.013 more per year especially sometimes you had time to buy it at a lower price than now, buying bitcoin fractions worth $ 1 looks small but if you keep doing it for the next few years then the fractions will become a large amount, so continue your plan because with bitcoin we are free to invest it with any nominal moreover we can buy fractions of bitcoin.

$1 per day is $7 per week and averagely $30 every month. That is a good start in my opinion. I think people has even stated with less. But since you are starting small you have to be a long term holder to yield the benefits of your investment properly.

Also it’s not only your capital that should concern you also what you are investing in is as important because regardless of large or small capital if you invest in the wrong crypto-currency it is a wasted investment.

The accumulated monthly investment amount of $30 is good enough to start investing, before you invest it is better to understand the basic knowledge regarding crypto investment and must understand the risks.

If you consistently invest every day then you have a high chance of having high funds in the next few months, so it is recommended to get maximum profit then you should buy at a correction price and invest for the long term.

Investment depends on individual ability. Because investing $1 per day is $30 per month. And in this case many earn only 100 to 150 dollars per month how can that person invest 30 dollars for every month where in every country it costs 150 to 200 dollars to run a family every month. So if you can do that then surely it is enough. Because if you invest one dollar per day it becomes $365 in one year and if you can continue it for 10 years it will be $3,650 and if it is bitcoin investment then you will get about 10-20x profit from here in 10 years. So after ten years you can earn approximately 50K to 100K dollars by investing one dollar per day. It's just an idea there is no guarantee that this will actually happen. So invest based on your own research

You will have to wait for 11 days to be able to withdraw your Bitcoin back into your wallet if you are storing the 1$ on a top crypto exchange, this is not a safe practice, because anything can happen to any exchange no matter how big they are, it is better to safe your money up to 11$ or 12$ before using it to buy crypto, for example when I am using Binance I can't withdraw anything less than 10$ on the exchange, I can't even buy anything with 9$, Huobi exchange has to follow the same step too.

*Wait till you have up to 12$ to buy so you can withdraw instantly.

*Avoid storing your daily 1$ on any exchange, they are safer in your bank account until you are ready.

Set a plan with good management because $1K starts from $1 if invested in the right investment or $1K can become $1 if you invest it wrongly.
$1 you save first when it is enough to buy, then buy Bitcoin even though you will only get a decimal amount.

If you work and get paid, it's better to invest a percentage of your wages in Bitcoin and not in crypto.
Cheers. I wish you success with your wishes and plans. Don't force yourself but trying to be able is good.

The best thing is to set aside it in fiat form and then convert it to the desired coin, it seems that it is more effective. Remember every transaction has a fee, the minimum transaction so it seems difficult to get 1$ in fiat converted directly to crypto coins.
Even in 2015 I started trading no more than $50. But I agree with you, there is no need to force to invest in crypto. You don't have to force $1 every day if it makes it difficult for you to meet basic needs.

That's what I mean guys. $1 will not be enough to make an investment because each exchange may impose a minimum limit on each deposit which may be above $1.
For example, one of my local exchanges sets a minimum amount for each deposit of about $4 when exchanged for USD. For this deposit if I make it with an e-Wallet payment method.

It would be great if the $1 was collected first as you said.
This means that when the desire is there, there are many ways to achieve it.

Investing $1 per day in cryptocurrency is a good way to start building a long-term investment portfolio, especially if you don't want to commit a lot of money upfront. However, it's important to remember that cryptocurrency is a volatile and high-risk investment, so you should be prepared for potential fluctuations in the value of your investment.

As for whether Bitcoin (BTC) is the best option for your $1 per day investment, it depends on your investment goals and risk tolerance. Bitcoin is the most well-known and established cryptocurrency, and many investors believe it has the potential for long-term growth. However, there are many other cryptocurrencies with different characteristics and potential for growth, so it's important to do your own research and consider diversifying your investments across multiple cryptocurrencies

It's a good way to start but it's a bad way to gain financial freedom, it's likely never going to happen, because to make big money investing in crypto you also need money, if you can invest 5000$ in Bitcoin you will make better gains, unlike investing 360$. With 5000$ on Bitcoin and we see a BTC for 120k in 2025 you could be having like 25,000$ or more, if 360$ is all I can get then I won't bother with Bitcoin.

After reading the post, I have a similar idea about investing in crypto, It is ok OP can only invest 1$ per day in bitcoin which means in a month his investment will grow into 30$. OP also can buy bitcoin after 30 days and invest them so he doesn't have to pay more fees.

I saw a thread that someone invested in bitcoin 1$ a day for 5 years and his profit was 20k+$ after 5 years.

If you already see my topic about Investing 1$ every day in bitcoin over the last five years  (https://bitcointalk.org/index.php?topic=5222895) you can see that investing 1$ will easily be a profit in the future and it's probably enough I think if your not a big spender, it just minimizes your risk on your investment as well.

The problem might just be the platform your gonna need to use since probably buying bitcoin cashing in etc, would have a little fee for sure, if you're going to do an investment of 1$ every day the fees could easily add up, so, in my opinion, the best way to invest your money is just to save up at first then probably when you save like a 100$ then you can buy bitcoin. Or just continue to save and then wait until big deep in the market, in that way you could minimize the risk of your bitcoin because it usually bounces back plus additional profit in the future.

I mean bitcoin is always the best option compared to other cryptocurrencies so I would say yes.

such a step requires consistency. and the results you will get depend on how consistent you are with the investment planning you are doing.
because planning like this is for the long term, we still don't know how the market conditions and the price of Bitcoin will be in the future when you will make a fiat withdrawal. just focus on the quantity of your Bitcoin assets. never care about the fiat value of the Bitcoin that you have.

For starters, this is very good, you manage to save 10% of your income. In the future, when you can earn more, the amount will increase and in addition, you can certainly save more than 20 or 30%.

The most important thing is stability, try to be consistent in this, develop the habit of doing this on a regular basis. I have always been saving, since childhood, when my grandparents gave me money, or when they gave me pocket money, I always set it aside, no one taught me this, I just always liked the feeling when I have my own savings.

When I got older and learned from my friend about trading, I already had the savings to trade, and I also had the funds to buy some bitcoin. It was my first investment, I remember that moment I was very excited because I believed that one day it would make me rich. Now I also try to buy bitcoin when I have such an opportunity, I don’t have a stable job yet, but for some time I will have to put up with it, it will be evening or night work, there is not much money, but I can save something.

1$ per day in my country is good enough if we are in stage of newbie and still learning a lot of things . And also 1 dollar is equivalent to 57 bucks in my country and a lot of things I  got if I spend  1$. So if I'm gonna invest that in 1 day in in the end of the year I got a lot of money and it's around in 18k  so investing a day with 1$ is good but I don't think so in other countries maybe 1$ is still small from  them. And I think this amount is based on where we live in.

You have a point, in my country, 1 $ is also around 55-60pesos so 1$ is already not that cheap, So I guess 1$ would already be a good investment daily if you put it in your country's currency, but still, I would still recommend saving your 1$ first before investing just because of the fees that could add up on multiple transactions of buying bitcoin daily compared to just buying bitcoin monthly, but you could also depend on the movement of the market, I mean there is a lot of opportunity of deep on the market price of bitcoin so if you think its a good timing for the investment you should right at that moment for a bit more profit, you might also want to minimize your buying when the market price continues to pump then maybe increase it when the market price continues to drop and should add a lot more profit to your investment.

what you do is very precise, set aside 10% of your salary to invest in bitcoin. you are walking in a safe zone in investing, not too risky, slowly but surely.
as the saying goes a little - a little longer - it takes a long time to become a hill.
I hope your investment goes smoothly, friend.

If I understood the OP's quote properly, he emphasized responsibilities and, by that, I think he meant bills rather than being married and having kids, From his earnings, it is clear that he is single and that his income justifies everything. If you are not living beyond your means and trying to impress others, you can actually save $30 for investments each month. Just keep in mind that sacrifice and discipline are crucial if you want to invest; if you lack either, you might end up spending the money you set aside for the future. Also, you projected his investments to 10 years so quickly that I don't think that OP will earn an average of $10 each day for 10 years consequetively.

He may be single or he may be married but he has multiple sources of income so he earns a lot of money every month. And from there he can save 1 dollar per day means 30 dollars monthly and he wants to save this savings in Bitcoin. This is a good decision but the op must be aware of the risks of investing in Bitcoin.  He must use a secure non-custodial wallet or hardware wallet where he can store bitcoins for 10 years. So expect op to get a higher amount after 10 years from this savings strategy.

Investing $1 in cryptocurrency everyday is way better than not investing anything at all. Since that is the least you can invest. But if you can afford more that that and it will not affect your other business or you wont be tempted to sell it off it will be perfect because it will increase your profit in years to come.
Secondly, it also depends on how patient you are to wait for a longer period, and since it is $1 investment you need to be consistent. No amount of investment is too small. The success of every investment lies in your consistency and your strategies.

It really comes down to how comfortable you are with risk. If you're okay with potentially taking some big hits, then you might want to consider investing with a larger sum of money. But if you're not so keen on losing big, then starting small might be a better bet. Of course, this is just my two cents based on my own personal experiences. At the end of the day, everyone has their own unique perspective on investing, so it's important to do your own research and figure out what works best for you.

We are in the same country and 1 dollar is big enough so 56 per day is enough to invest in the crypto world I think not just lateral we buy Bitcoin every day the best option is when we have our money and then keep it until we reach the specific amount which means we set our mind to save 7 dollars per week or 30 dollars per month then we buy crypto because when we buy everyday there's a time that the price is higher so it's better to have a plan before we invest.

I do agree. investing by buying one by one with $1 will not be enough. Because this will be lost in the fee daily for transactions. But this will be different if the people are accumulating 1$ per day and after 30 days, it will be around $30. This will be a good amount to start and become consistent for investing.
But, this is also wise enough to invest even a small amount if he or she is only able to do that amount. At least, he is not forcing himself to invest ore than he can afford. But he needs indeed to accumulate first the money. himself

It all depends on the volatility here. If you invest $1 a day, the volatility is not too noticeable. And the whole question is when you invest. Maybe this altcoin has already peaked. When investing small amounts, risk management is usually not followed.

So how exactly this strategy will work anyways? Are you expecting that $1 every day will grow into something big some other day? I am not sure about the methodology behind this because it’s really tiny amount and seems to be hard to grow big in coming days. I don’t have doubt about the bitcoins growth but I believe the volatility is so high for bitcoin that it could not compete the growth ratio if taken in literal sense.

How about you increase the amount of investment and do it biweekly or something or at times when bitcoin hits the low. This will help you get a lower BEP and in long years it could just make you enough profits that you won’t regret.

And that's why he can collect it on his own and then until he reaches the minimum amount for deposit and exchange it on bitcoin. For if it will take around 10 days to complete the $10 less fee, he has to plan it well and make sure that he's doing it rightfully so that the savings that he's got won't just be taken into fees. There have been altcoins that seem to be cheap but in terms of their network fees, they're eating a lot of money from all of their users and investors. That's why if someone is still doing this strategy of DCAing for $1 daily, you save it first and then deposit it all at once like when it's big enough for the minimum deposit.

Let's simplify the plan to a span of 30 days. $1 per day will be $30 in a month, OP can invest in bitcoin for that $30, and in the next 12 months he has $360 as his investment budget. The growth is indeed very low mainly due to price volatility, but it is a simple method that may be useful to anyone who is consistent.

I can imagine that someone who consistently saves $1 per day as an investment will reap the rewards in the long term. In bitcoin, hard things may become easy in the future, but there is always a risk.

That would be 360 USD per year. It doesn't look big IMO but it's better than nothing. Just don't expect great returns and you will be just fine but I think there is a better way of doing it than investing 1 USD daily. Why not invest only after a week or two?

Because there might be fees and it will mostly eat your dollar, leaving you almost a dust in your wallet or you can not buy at all if you are buying from a centralized exchange because they have minimum orders. Doing it is also not a hassle. There are cryptos other than BTC which will give you more coins from your dollar but they aren't really guaranteed to grow so its better to focus on quality, not quantity.

collecting each day personally and eventually building up the minimum limit to buy it into is a great way to invest. if this is done regularly then in one year we can see how much money we have invested, especially during a bearish season like today, of course we will get more bitcoins, and that means we can make a profit faster. this is better done than saving fiat in the bank because our money will actually shrink due to inflation, let alone collect it little by little

The intention is good but the execution always have risk, imagine you will convert $1 a day which entitle to pay for your conversion fee, if you can take that risk and you are willing to move forward then you can check it out after a year, if you are lucky and the timing is right then you might see growth in dollar value.

But on the other hand, if the timing is not right, if you bought during bull season then the market fell then expect that you will see the other side of this investment.

Need to work more with how you execute your plan strategy before trying the risk on it.

The only thing that you'll be worried on this strategy is the fee. Transaction fees, makers fee and other types of fees when you're already in the exchange.
It's discouraging if you're going to calculate it but since you just want to be consistent on it, nothing matters as long as you're eager to do what you've planned.
We'll get more bitcoins in terms of satoshis and that's much better than having nothing. You don't know how each bitcoiner is struggling to make ends meet and if someone is doing something for his own portfolio, it should be acknowledge any strategy he does.

In fact, the plan may not be effective because transaction fees and other types of costs will indeed be a challenge for OP if implementing this strategy.
But you are right, everyone has their own way of owning Bitcoin whether it's by trading or investing or whatever way they have Bitcoin and of course each person will have a different nominal amount that will be used, the most important thing is that it must be adjusted to their abilities and it's better if they already have the desire to get started rather than have no plans to start at all.
But here what I'm focusing on is the OP's intention to want to start even with a low nominal, this is an intention that we must appreciate.
If done consistently it is good because it will build a good consistent habit of investing, while OP starts investing in small amounts he has to learn more to find more effective ways before increasing the nominal amount to be used to invest.

I can say, $1 per day takes you closer to your dream.
I am excited for you because I feel that you have set a smart goal. It is clear. It is specific. It is something than can be achieve and within your means. There is no pressure whatsover on it.
This is worthy of emulation, and I encourage every other person who thinks they need to have a huge sum of money to invest in bitcoin to give it a trial. 

I think the feasibility of any investment should be measured by its ROI, not by the invested amount, so the revenue should be the metric that decides if your investment plan was a good one, and compare it with other types of investments. On the other hand, even small amounts can pay off in crypto, so don't underestimate any amount, as 1$ invested in some projects in the previous cycle resulted in $100, which means, in your case, you were saving $100 every day. Generally, altcoins always generate higher returns, but there're thousands of them, and you have to choose wisely with prior due diligence. Another point, I agree with you regarding the percentage of your earned money which you put in crypto, as %10 is the reasonable one, and it looks affordable for most people, and at the same time, might pay off good amount if invested wisely. Moreover, your investment will generate more return if the bear market lasted longer than expected, because you have a longer period to buy cheaply.

Investing $1 per day in bitcoin is a great idea, this is a very good investment strategy I believe that not very many people are away of, with this strategy, one can easily, comfortably and conveniently invest in crypto without struggling financially.

Though I already have my investment in bitcoin, but I think this is a strategy I will try with another coin, I will look for a good altcoin and invest a dollar per day in it for 365 days at first, let me see what the outcome would be.

It is a great idea if you could keep it up,
But also remember that this is an investment not a quick rich scheme like most of newbie's expect it to be.
For me it is better this way because you are constantly investing for your future and it doesn't feel heavy on your end of course for those who are earning enough.

Honestly if you make about 10 bucks a day, and want to invest 10% of that, it is definitely good. Remember, this dude might be investing 30 bucks a month but he is also making 300 bucks a month as a whole as well.

So in month 10, he would have a whole salary saved up, which means he would have 13 salaries and that would be amazing for most people in the world, it would literally solve all your problems, I would be literally paying off my entire debt and would be living like I am the king if I got a whole another salary on top of my salary. So I believe what this person is doing could be considered as amazing as it gets and should be supported like the best thing there is for that person.

Doesnt matter on what amount you would be putting up, the important thing on here is that you do able to invest on the amount which you can afford to lose and we do know that we do have different priorities in life on which it is really just that right that we do give out importance or really that focus into that.Its understandable that each one of us does have that kind of target or goal on having that financially freedom and this is why we do dive in into investment things but of course it isnt something that simple that someone could end up positively.This is why it would really be just that right that you should be aware on what are the
accompanied risks into it.

Though this is actually a small amount of money to start with in case you are looking for higher returns, however, since it something that I see you're comfortable with risking and investing should anything goes wrong it still a nice strategy than you staying on the sideline and waiting until you get biger amount of money, you could missed the opportunity of Buying Bitcoin while the price is still cheap , plus if your source of income isn't that enough to enable you put more money than $1.

Right, the initiative that OP has shown is more than already for someone to have the courage to invest in bitcoin. The matter is that he's willing to do it in every way that he can and depending on his capacity. That's why if there's his will wanting to buy, he'll do everything he can based on the budget that he's got. But he has to consider those that we've said about this strategy like he needs to save all of it first before buying and it's okay if it's not going to happen on a daily basis and like maybe after a week or two or more, as long as he keeps the money on his hand and buys it bitcoin. As you've said, he has to do it consistently and he'll see the difference why we're telling people that they all have to buy bitcoin and they'll see the reason why when it goes up again.

This seems to me like a good idea but not everybody can be consistent and disciplined in achieving this, not even me. The best I could do is every month and I also do find it difficult to be stable in it due to responsibilities and all. My life could be stressful but I still see bitcoin as my escape plan from these hard times.

Thats a total of $365 in a year; this is better than telling yourself to invest on a monthly basis, but you ain't doing it. By the way, what cryptocurrency are you planning to invest in? Also, are you not going to get tired of depositing it on a daily basis? I think it is better to accumulate it over the month and then deposit it on a monthly basis because I am not sure of the fees on this and also not sure what platform you are using, as others won't accept if you are just depositing $1.

It looks small but that's already better than people who have more income than you but have no investment at all or never planning an investment.
This will not make you rich, but you will have investments that a few years later, if done regularly, will benefit you, and you can use the results of these investments to start a business that can increase your finances and make your life better.
If you feel the need to add a percentage of the investment, it is better to increase your income than forcing it to increase with the same income because when you are pressed it is very possible to sell it at a loss, so that your investment becomes a failure.

1$ is too low but according to the basic rule "" don't invest more than you can afford to lose" i think its very good because monthly your investment will be 30$. here i will give advice that instead of adding 1$ daily, it will be good option to add 30$ monthly. if you buy with credit card, it will cost you daily. if you choose monthly deposit then you have to pay only one time fee for depositing.

Btc is most secure investment then any other coin but profit ratio is very low and you cannot expect big profit here. if you want to hold for long term and target profit from 2x-5x then Btc is good option otherwise look for other good Altcoin having some good demand which give you at least 5x in two years

Buffett would not agree with you, because he invests very large sums, but at the same time he is definitely not ready to lose them. We create savings and invest them, for many of us this is a lot of money, especially if we are talking about a long investment time, which can take several years.

To begin with, these will not be very large amounts, but over time we can increase them when our income grows. Therefore, investments will always be those amounts that we cannot afford to lose. You need to take care of their safe hold, and think about diversification when investments reach large values.

Making at least $1from crypto trading is a lots of money if we can be doing that consistently without any loses. There are some traders in the cryptocurrency market thqt can make up to $1000 in a trade and lose like $1500 in the other trade. This is a big lose in case we don't know. This kind of traders will keep making profits and losing it at the next trade. We need to understand what we are doing and make appropriate calculations before we think that we are making profits when we are not

. Trading needs risk management which many traders donnot really care about. Our risk management is what will determine whether we are going to be making profits or loses.

I will accept the plan you have made but I want to know from you how many days or years you want to invest. If you invest for a fixed time period of 10 years or 20 years then I would definitely support that it is better. But of course you will convert 1 dollar per day to Bitcoin. After 10 years or 20 years, you will see that you have a huge amount of money from here. Many people save for future plans but the decision you take to invest is a good one so I definitely support it

It is okay based on your daily income. And BTC is the best option, even it's 1 cent. I have no faith over Alt coins. They are centralized shit trying to be better than BTC. In the end, they can't provide what they promise. That's why they are struggling, and the main reason is that they can be manipulated.
So it is better to stick with BTC. Also remember, every cryptocurrency comes with high risk and their nature of being volatile still remains.
If you are willing to hold for a long time and not change your routine, then after 2–3 years, you will make a good profit. So good luck.

I will agree with you that if he wants to invest one dollar per day then in my opinion the transaction fee will be more than his investment. I have also taken such a strategy for several months that I will buy $10 worth of bitcoins every week. After two or three weeks, I see that the transaction fee is a little higher than the investment. For this, I now invest for two or three or four weeks at a time, and I have added a little technique that when the market dips a little, I do this investment.
I will also suggest op that instead of thinking about daily investment think about monthly or weekly investment I think it will be good. And the investment must be long-term and of course you can use hardware wallet for this, your security will be good, as well as you can increase security through private key encryption when using other Hot wallets.

Investing $1 per day in cryptocurrency may seem like a small amount, but it can add up over time, especially if you are consistent with your investments. However, it is important to remember that cryptocurrency markets can be volatile, and investing any amount comes with risks. If you are able to invest consistently over a long period, the compounding effect could potentially generate significant returns, but it is not guaranteed. The potential for profit with this type of investment plan depends on various factors, such as the cryptocurrency you choose to invest  and  the market conditions, and the timing of your investment.

You can only give what you've got and that is, what you can release and still have peace with yourself. $1 might look low for some but, that's some cool cash for others if they could earn that daily. There is a thing called "Contribution" amongst some locals in my nation, where they get to pull out funds either daily or weekly based on what package they are interested in and this is done within a period with all the proceeds given to one member. Then, it is rotated to another member and it continues to revolve. Some times, they get to pull out less cash and at other times, it's done annually where each individual gets to reap what they contributed.
These guys are often happy at the end of it all and the same would be the outcome and possibly bigger if you could stay true to the plan and not sell due to FUD or out of desperation.

Depending on your income, one dollar a day, seven dollars a week I think is enough. It will not be the cause of your financial crisis if you do Bitcoin investment. If you go to the previous history, then those who hold Bitcoin for long term will easily understand how well off they are financially. I appreciate your move, and suggest you definitely hold it for the long term and at least try a bitcoin halving.

The more the better but since we arent that financially capable on doing so, then $1 per day wont really be that bad if this is something that would really be only your limit but just like i said earlier that the more the better but we know that not all would really be that having that finances on doing so and this is why it would really be just limited. For any investment then proper planning and allocation does really differ on each
person because we dont know on where they do get their income sources which we know that there are ones who do solely rely with their income from their day jobs minus the expenses then
this is where they do get their investment funds which we know that it would really be not just that big.

I agree that investing part by part is better, or we could just do a bulk. Remember this guy said that he makes 10 bucks per day, so that means it is 300 bucks a month, so in 3 days he could have 30 bucks, and he could invest that, depends on how obviously because if he is investing via something that costs a lot, that would be a trouble.

However, in my nation there is "put your fiat into exchange, then buy bitcoin" stuff which doesn't really cost any transaction fee, and they can do that easily. So in 3 days he would put all his earnings into bitcoin and for another 27 days he would not invest another dime and use that into living normally. That sounds like a good idea.

Your thinking is right. It is important to be aware of the risks involved in making any investment. It is a good decision to keep 10% of your income aside for investment, as this will reduce the financial pressure on you if any unexpected movement occurs in the market. Since you want to invest then decide which coins you want to invest in. Investing in Bitcoin will be the best option for you because here you can reduce the risk much compared to other coins.

wonder if the OP keep up with his goal because it is already a year after he posted such target. because if he did, he may incur losses if he will sell it now, because the time he posted this thread, btc was in the range of 40k level. and now we are below 30k.

He said he would invest $1 in crypto perday, and if he continued to invest he could buy bitcoins in the area of ​​$15k. As a result, his purchase price would have averaged as much as the market would have dumped, so he might not have made much of a loss at the current price. So if he actually followed this strategy he would have got a better return in future.

This is a kind of saving strategy that is carried out consistently throughout the year. The OP may not need to buy bitcoin every month, but he can also buy at the end of the year when he has $360 in his account.

If the OP did it in the early days of bitcoin then surely he would have gotten commensurate returns, but if he does it now then I don't know when he will have 0.5 bitcoin as his investment asset. Even if I may consider the price volatility, it would take many years to accumulate 0.5 btc in his investment account. But anyway, this idea is not bad as long as he understands and believes in the future potential of bitcoin. My assumption is the OP isn't investing in bitcoin, but chances are he will be doing it in altcoin. $360 per year might be good to expect worth it returns.

For sure if you do make hold and accumulate a dollar a day then you are projecting for long term aspect and it is really just right that you shouldnt really be selling out in loss.
Just like the rest been saying that the amount for a buck/day is just too small if you are planning to somewhat making big or huge profits in the future but since this is the only money you could afford
then there's nothing we can do.

Its better rather than on having none at all. If possible then it would be good if you would be considering on adding it up if ever you do have the
chance or the opportunity.

Is wonderful plan dude base on your size. To some that maybe too tittle for them. But the $10 per day you're making is it from other source? You can plan towards making it a priorities to investment more than that. I guess you're related to irregularities of price bearing which means some days you might surprise at your investment. I think also you save better amount to start than dropping daily a $1 which you might enjoy the outcome except you're willing to endure the price time.

You can join any stable coin pool in defis, you be easy to reach that amount dayly with not much risk

Waiting a whole year is not a good idea, especially when we talk about it in a bear market. Everything can change dramatically and bitcoin will cost not 28k, but maybe 50k or even more. Also, saving just $1 a day is not that much and I'm sure if the OP tries he can increase the amount to invest. Each goal starts small, but as it is achieved, conditions can change and this will affect the result.

if you can only spend $ 1 for investment then that's enough. if it's consistent, then in a few years' time, it's going to be really a lot. In fact, it's safe to say that not everyone can afford to invest $28-$31 per month, which means you can invest as much as $360+- per year. we don't know which bitcoin or altcoin potential you will invest in. however, consider if it's a pump, then you might be able to get a pretty good return. The point of investing like that is to be consistent. make sure you choose a trusted crypto investment.

When investing, no one wants to lose money, especially with large amounts of money, but in investing, there is not only success but always risk, so we need to have backup plans. I have not seen anyone who has never failed in investing, even billionaires, or veteran investors like Buffett, at least they have failed a few times, but it does not make them bankrupt or down.

Always have an investment plan, and diversification is essential, and I would like to reiterate that no one wants to lose money, but the future is unpredictable, so never invest money that you cannot lose.

There are certain things to consider here before I offer my own advice. First of all, is the $10 daily earning a fixed income per day? For how long will you be earning that amount? I do commend your courage for showing interest in investment with the little you earn but let face the reality here. There's possibility of interruption in your daily income due to some factors and also unexpected expenses that might consume the income. What I am trying to say in short is that you should be in haste to invest when you are still struggling. Design a plan to guide you through.

This is what I term as long term investment. By investing a dollar per day on BTC, one will not be bothered about checking CMC every now and then to know the price of BTC. Although it is expensive to actually invest one dollar every day in BTC, I'll advise you to keep the dollar in your savings account and invest it biweekly so that txs fees won't really eat deep into your investment.

In conclusion, the best way for OP who have a strong desire to invest is to collect $1 in fiat and when the savings have reached the minimum limit for deposit, then he can do it like that regularly. This is a relaxed pattern without forcing oneself. That's the first one.

Secondly, the OP can realize the investment desire if he/she is willing to combine saving $1 per day with a percentage of salary from work.
For investment, choose Bitcoin as a type of investment asset instead of choosing crypto in general because Bitcoin is the best investment asset among other cryptos in a long-term pattern.

Good planning with $1 per day cryptocurrency investment due you have not enough bigger salary, there are not problem about how much your investment but your decision saving assets in Bitcoin is better than save in the bank although with small fund. I have started with this planning last one year but invested with $10 every day.

I spent my salary as influencer and hold $10 in cryptocurrency wallet with Bitcoin fund, keep holding for my children future for their education and sell about six or seven years later and hope bitcoin will drastically pump. I don't have any planning for selling with my investment almost two years with $10 investing in bitcoin because have been saving assets.

No one can exactly say you that whether it’s the best thing to invest in Bitcoins or not. What we can do is that just state the facts and the possibilities that you might face if you invest in Bitcoins. To be honest, I always have seen Bitcoins as the best coin to invest. It’s marketcap is huge. And coins are limited. So definitely in the future when the demand to acquire the coin will increase, the price will also go up. So according to me 1$ investment per day is really good and you should keep doing that until and unless you are capable of. Many have already predicted Bitcoins will touch the moon, so let’s see, where it goes.

if it's $1/day then it's $30/month and if we calculate it for a year it becomes $360 then it's a good investment especially if you plan it for the long term, especially if you choose to invest in bitcoin, the chances of your investment value going up big in the next few years are very real. Consistency + patience + confidence are the most important things in investing, surely the results you will get will satisfy you.

Bitcoin isn't merely a crypto-dude, it's a legendary emblem of a financial and technological revolution. Decentralization is its jam, and it's challenging the norms of yesteryear's centralized money game.

Now, don't freak out, but there's a catch: crypto-town can be a rollercoaster. Betting on Bitcoin isn't a game for the meek. You gotta be well-versed in the tech, the market, and the risks in this bumpy ride.

However, if you're gutsy enough to dive in, the payoff can be epic. Limited supply? Check. Increasing demand? Check. Bitcoin is looking fine, and its future is massive. Blockchain believers, take note: investing in Bitcoin could be your jam. But, remember, always play it smart, minimize risk, and brace yourself for losses. With a bit of luck, your investment might just shoot up to a legen-wait for it-dary level!

Only we can see the result once we do it on actual. Generally, for me, the whole idea is good especially if you are aiming for only hodling.

However, also consider the daily fees transferring from fiat wallet, etc. to crypto exchanges if you will literally do it every single day.

Bitcoin should be obviously a good option. Well then, good luck with your plan, and hope that someday, your effort will be worth it.

If OP instead saves $1 in other wallet before buying Bitcoin then it would have been better to avoid the fee for every transaction they make, I doubt the exchange will even accept $1 as the deposit. Let's say they save up to $100 then it should be a great start for them to invest on Bitcoin, it only takes 100 days so it's not that long and worth the wait especially if the goal is for long-term investment.

I think $1 investment is very good for you. You have earned profit from $1 to $10 dollar it is success of your trading. Investing with small amount of money is not always possible to bring so much profit so I think the amount of money should be increased a bit. And if you ever face a loss then your $1 investment is fine. If you want to earn good amount of profit then you must increase your funds. And investment must take risk but there is no risk in investing in bitcoin so invest in bitcoin.

That's enough. But not directly into crypto but rather saving it in fiat.

If you can't afford to set aside a percentage of $10 per day, then $1 is the initial savings before you put it into the desired investment. There is a good point that can be used as an example from your topic in my opinion

• Not forcing from investing
• Willing to think about investing from the income per day

Many successful investors started with less than enough capital.

I also prefer doing that, if the intention is to save for future investment in Bitcoin then it might be better to save your fiat first before converting it to Bitcoin as you will literally save a good amount of money in terms of transaction fees, also to add, the timing is important, maybe it can also be considered that in bull season the value of Bitcoin is huge if you will place your investment during bull the chance is to lose your money once the changes in directions take place.

I think if you buy with an amount of 1 $ it will be difficult, because some exchanges apply a minimum purchase for one trade.
binance example must trade at least 10$.So it's better to collect for a month then buy it.

That is not what op mean by making it earn one dollar per day. We can enter the cryptocurrency market with one dollar but we can be trading and earning one dollar per day which could be better if we are not making any loses apart from earn the profit of $1 per day.

This is a small profits to us especially those of us that are making crazy amount of money everyday but it is preferable than making consistent lose and every time we enter the market tonesen from profits. I will urge op to continue if he can be earning that amount of money everyday with sommuch stress watch the chart every time.

There's no such thing about being late on joining this crypto wagon on which even if you do work for a long time and just recently known about Bitcoin or crypto then starting up with $1 wouldnt really be bad.
There's no much difference if we do compare about those old timers and new ones about their day job because the main purpose or act would really be talking about saving.They would really just that differ
when it comes to amount that they could put in, which is something that it is really that understandable.Doesnt matter on how much amount you would really be putting on,
what matter most is that you did really make out an investment.

1$ investment a day is not yet practical. Most of the trading app now requires min of 10$ before you may be able to trade. So I think better to trade when you have already 10$. It is very slow to have 1$ investment each day you won't see the result so often. And it is not practical because it will only be a paper loss if a certain token dump for a bit. So I think better to have capital first before starting to trade.

if it is done every day and runs for 1 year then let me assume we invest $ 360 for a year. if for the long term it might not be a problem, instead of saving in the bank, of course this way will have advantages. it will be different if, for example, the money has been collected for 1 year and we want to get it back quickly, then the method is less practical, and trading it might be more useful. but it's different with me where my child is 2 years old and I'm saving little by little for university tuition fees later, I think it will be useful

You can try to invest in all altcoins with your 1$  :D, you can hope that 1$ in every altcoin can gain for 10-100x in the next bull run. Bitcoin is not a bad option if you want to do that but if you want to take a risk then you can try altcoins. As long as you use the money that you can afford to lose then altcoins or Bitcoin is not a problem.

I think btc is the best option for you it is a long term investment, if you invest 1$ everyday in a total of 5 to  10 years then you can maybe earn depending on the bitcoin price by the time you withdraw it on your wallet, one 1$ is not a big amount so you need to wait for a long time before you can get huge profit.

If every day you can earn $1 to invest that would be a good thing with your current economy. But all depends on the latest price but I see the good movement that happened in Bitcoin at the beginning of this year and hope for big things to happen later. but do not take rash measures for all this.

      1$ per day can be said to be a good plan if it can be done, it can even be more than that amount in one day as long as there is
self-discipline and time management.

      And most people here also know that bitcoin is still the main good long-term investment in this industry. I would like to do the same DCA style because I love the way bitcoin is saved in such plans.

it's simple, that with a small capital you can't expect anything bigger, because it is impossible with a small capital to expect many times the capital. I agree that an investment of $ 1 is fine, but it's true that it's not practical and there are still some that require a minimum limit, it's better to accumulate it first and if it's sufficient then do it and it's just easier and more visible the impact that will be received.
but once again everything that is done is legal if that is the intention that one wants to do and no one can forbid it but only suggests it.

even a penny per day is more than enough mate for long term investment , back in the day the price of bitcoin does not even amounting to a penny and then look at it now? how much it valued?

so best to  go on your ways of investing mate , you can do everything because it is your money.
also there is no one can hold you from doing that.
he already mentioned about the interest in Bitcoin per investing but of course since he wanted to put very little? then best to try altcoin as well.

One dollar a day, it's like instead of saving in fiat, you should convert them to bitcoins, and if you can do it in the long run with bitcoin, you'll reap unexpected results. Don't underestimate 1$ because if it is accumulated daily and maintained for a long time, plus the increase in bitcoin price, it is not a small amount.

He seems to be having a hard time making money and giving the advice to throw money at altcoins is no different from telling him he should gamble. And to be honest, I have never seen anyone get rich from gambling.

Yeah right, but with proper knowledge maybe it can be a good alterative if you are avoiding high fees, though taking that route also have a risk that investors needs to analyze and understand, it will be depends from how people will take their focus, if OP only focusing with bitcoin and he thinks that it can be done on his favor considering all the fees behind, then it will be his decision and the intension always have a big factor in succeeding to your goals

Whatever the direction, as long as he is willing to take the long-term investment, the outcome will be in his favor if he can wait, either bitcoin or known alt/s.

You're great, I overlooked that. I was about to say that OP should consider investing a larger amount, or investing in a diversified portfolio of cryptocurrencies and other assets. But maybe he can try that when the time comes that he can afford to lose what he invested since bitcoin is so volatile.
But I disagree that there's no one who got rich from gambling. The are some who did bit they are those who can afford to lose what they gambled or just got too lucky or are just too rich. There's a different discussion that you can refer to: The journey of successful business man who were professional gamblers (https://bitcointalk.org/index.php?topic=5445138.0)


Right. Proper knowledge would be necessary to continue making the informed decision. I think is in the right stand in investing $1 a day because he knows that that's the amount he can afford so in case it didn't gain profit, there's not much to lose. But on the other hand, he can just wait longer until he gained profit. He already finished a year, more years wouldn't hurt. I believe that OP will reap the fruit of his 1$ per day investment in Bitcoin. You got it!

It is a good idea to put $1 into bitcoin investments every day, if you can manage it to afford that every day, your $1 investment will grow over time to thousands of dollars. The $1 each day will make sense, but it will be better if you can save it every day and wait for 30days before buying bitcoin. If any exchange would let you use that $1 to buy bitcoin, it will even stressful by doing that every day.

How sure are you that any altcoin will do 10-100x and who tell you that Bitcoin will not do 10x?nobody can tell will actually happen doing the bull run. Infact many of this altcoins price are determined by Bitcoin price, so to be a saver side I will say Bitcoin is the best option to invest in, in order to limit the risk of it investment.

The amount you mentioned  is good for enhancement of money because the greater amount of money you invested so the greater amount of risk is associated with it. But in the case of bitcoin you can invest greater amount of money because the risk is somewhat little in case of bitcoin. Also I will recommended that do not do day trading and leave this little amount for some long time than a day so your risk percentage will be lower and you will get probably higher return.

Well when it comes to altcoins things can get interesting, because generally an altcoin is very difficult for it to rise in price, generally altcoins depend directly on bitcoin, and unless bitcoin is in an uptrend, it is the best time to buy altcoins, because if the trend continues, what it will do is make the altcoin multiply its value, and 1 dollar can even reach 10, and if by chance you trade, and if it flattens out, then things become more interesting and you can bet more to earn more, but if and only if when you are sure that the trend is bullish.

If you can invest 10 percent of your income, you can invest ‍and be risk free. But here you should consider carefully the purpose in which you are motivated to invest in bitcoin. Because you can earn better profit from here after a long period of time. But if you want more or want to do something bigger from Bitcoin, you have no choice but to increase your investment amount. If your portfolio is not large, your return on investment also will not be large.

I agree with this since bitcoin has seen to be the strongest in the crypto market. I think bitcoin will still be at this state for a long time so investing with this is a great move to put the money that you can afford to lose. I think that it is smart move to always consider your financial needs before going into making part of your money to go to investment, always secure your needs before deciding in taking the risk.



I had same sentiment since it has been always proven that most of the altcoins follow the trend of bitcoin as if it is the major indicator. If you are considering in broadening your portfolio, you can consider the most competent altcoin in the market such as ETH since these are the crypto that would stay since it show great performance in the market. It actually boils down to having in-depth analysis of each investment so that the risk would be lessen. We all want returns of our investment so just be careful on where to put it and just invest what you can afford to lose.

As long as it's consistent it will be very useful one day. I agree with you that don't underestimate that amount, because that amount will get us what we want one day, especially if it's bitcoin. I'm sure OP has a long term target with his plan and who knows Op gets more income and can increase the amount of his investment on a daily basis. I just want to suggest, do what you want to do and believe in it. Besides, I think Op setting aside a few percent of his income is really enough to meet his daily needs. Remember something big starts from small things, then do it.

You don't have to rush into it, because that's the same as forcing something, and something that's forced is not good. It's better little by little as long as it doesn't burden us then do that little bit. I think it's not wise when we increase the number of investments and assets in the portfolio but it burdens us. The best option is to enter an amount that we can enter without anything being forced.
Talking about the many portfolios that will make up for more later, who wouldn't? everyone would want it. But back again as to what our capabilities.

$1 per day, in my opinion, is suitable for investing in altcoins that have low prices, for example Verasity, MBL or maybe Nervos,
because you can get a larger number of tokens and of course you can also get x100 potential, especially now that there is also hype about China it's still running,
so that's why my advice is to buy a Chinese coin and hold it.

From afar it doesn't look like it makes sense but looking at how far bitcoin has come i think this is a good approach but unfortunately if you are going to be  buying your bitcoin using peer 2 peer channels or using your card, there is a minimum amount you are required to acquire which makes this 1 dollar investment not a practical venture, but either way love the idea.

If it were bitcoin or any good altcoin, it could actually be X100 its value by the end of the year but i think not possible  with btc atm you need to catch the next hidden gem.

   -  Maybe if you have a stable source of income, I think you should have an allocation budget for your bitcoin savings, whether your monthly income is small or large. Let's say you allocate 5%-10% for this. That's not a bad strategy in my opinion.

Because you can't buy worth 1$ worth of bitcoin on the trading platform, what will happen is that you will accumulate at least 10$ before you can buy Bitcoin on any exchange site mate.

It's a good idea. Investing 1$ amount every day can be a good decision. But it remains to be seen how long your decision will be effective. Because according to you your income is 10$ per day and you have talked about investing 1$ per day. But my question is if for some reason your income source stops then how will you continue your one dollar investment? And the one dollar a day investment you mentioned, do you want to invest for a long time or will you sell those investments when you need to?

$1 is money, it cannot be denied, but to make a lot of money from that amount I could, but it is something very suffered, if a person is focused on doing many things to multiply it, it is within their rights, I would throw $1. to luck in a casino, because 1 dollar, although it is money, represents something but not much, and in trading the best thing is to have a good capital so that you can obtain very good profits, and I know that 1 usd for a maximum in 1 day is not It is bad, I am one of those who think that 1 usd or having some profit is something positive, I prefer to have 1usd in profit than to have lost 1 usd, but I think it should be more.

Well, using $1 in a casino won't guarantee our profit because in casinos mostly our profit comes from our luck, and many uncertainties there. 1$ is not a big capital but if he wants to do it every day in Bitcoin later after a year and sell it when Bitcoin reaches its new ATH he can get more rather than in a casino I guess. 

Is there any exchange you know of that will allow you to buy a cryptocurrency for just 1$? or have you ever bought Bitcoin for just 1$?

Because as far as I know there is no exchange platform centralized or decentralized that can sell crypto for only 1$. I usually know that 10$ is the minimum to buy crypto so you can start trading on the exchange. And when you start trading, you can earn by saving at least 1$ in your balance.

It is best to invest as much as you can. The decision you make here may be the best decision for you. If you invest $1 per day then at a certain point in time it will become a much larger investment and at a certain point in time this investment will help you the most. The advice I would give from my personal side is to definitely use a secure wallet to keep your investments. That secure wallet seed phase that no one can steal. Only then will you find your investment security.

Its up to you that how much amount you can invest in any coin no one can tell you exact value because some people will use more and one cannot afford that amount so always choose that amount which is easy for you to invest. I think investment on daily basis is not affordable for everyone because sometime a person have no such amount to fulfil their needs so it will be affordable of invest little or more but at a single time.

No . it's too long, try to increase it. try to make it at least $10. if in a month then it makes at least $300 to invest and that's enough for us to start trading with profit taking at least 10% of what we trade. $10 is even something that exchanges put a minimal trade on in most markets.

do you know what the OP meant? he is oriented toward investment planning, not trading. $1 to trade, of course, it's hard. Even with the $300 you're talking about, for a beginner it's hard to get the 10% profit you can talk about.
to start investing, I think nominal is not a major measure for beginners. they can start with whatever capital they have. The most important thing is the interest and consistency in the planning they do. if the OP is consistent with what he's doing, it doesn't matter how long it takes. in the future, he will enjoy the return on his investment.

It is possible if you think you will earn profit of 1 dollar per day on your investment. If you can trade well according to your plan and succeed, you can earn more profit than this. If you can profit like this for a few days, then later you will invest money in Bitcoin. Because you will buy and hold some amount when the price of Bitcoin falls from your profit share. Thus, if you buy and hold bitcoins from profit for a few months, you will have a good capital in the future. And if you continue to work according to your plan, you will eventually see your special source of income come into play. There is no doubt that you can get your daily income from here so invest according to this advice.

I agree that 1$ a day is not ideal for investing Bitcoin, you're just wasting your time in that way. Some exchanges has minimum trading amount of USDT, so if you're only want to buy 1$ worth of Btc but the minimum is $10, you can't still buy it. It's good to collect $10 for 10 days before investing it since the OP can only afford $1 a day. But there's new feature in Binance, it's called "convert" where you can trade without a fee incase you don't know.

Investing $1 a day in crypto can be a challenge given the high volatility and fees associated with trading and holding crypto. Please note that I am not a financial advisor and the decision on how to allocate your investment should be made based on your situation and risk tolerance.
The value of bitcoin can fluctuate significantly, so investing just $1 a day can limit your potential capital growth. Also, for such a small investment, the fees associated with trading and holding cryptocurrencies can have a significant impact on your investment.

Yea, there is one way to do it. Since he said he earns $10 per day, he can possibly spear the $1 and put it into a safe, he can decide to buy the Bitcoin every week, which means he needs to save$1 each day for seven days and invest it, after which he continues again for another seven days. Perhaps if he doesn't want to do it that way, he can save $1 every day straight up for a month, and he can get about $30 at the end of the month. Then he can just use it to invest in Bitcoin before starting to save again. If he does it that way, it will reduce the transaction fee he needs to pay if he buys weekly.

If OP consistently saves at least $1 for investment every day, then he currently has enough money to invest in crypto assets like ethereum, or bnb, or even bitcoin. that is if he has been consistent. if he increases his investment to $ 2 or more, then he has enough money now.
However, this can also be something we need to model. sometimes consistency like that will make us have great assets in the future. it's just that maintaining such consistency is very difficult.

Investing $1 in crypto every day is better than not investing at all, but it may not be enough to achieve your financial goals. It depends on how much you want to earn and how long you are willing to wait. One strategy that can help you reduce the risk of market volatility and average out your buy-in cost is dollar-cost averaging (DCA).

if you count $ 1 per day then you can earn $ 30 to $ 31 a month of course this is very small capital if you want to invest in crypto currency,
but it's up to you I can only recommend investing a minimum of $ 300 because you can get good results if you buy potential altcoins and hold until bullish time arrives.

True because there is no better option than bitcoin and altcoins are highly risky investment, no one knows that what will be the future of altcoins. There is no doubt that it will give you much more benefits but the risk is also very high so bitcoin cannot be beaten by any other coin and others Coin's price are also related with that of bitcoin so hopefully a person will get more benefit with investment in Bitcoin rather than altcoins.

We know that not all people would really be having the money for them to have the opportunity for them to make such big investments on monthly basis which is something that we cant really blame them if thats only the amount that they could really be able to save up or invest. Just let them be and would really be the ones who would really be making out their decisions because they do already have the idea that it is really worth on investing it out. Sooner or later on the time that they would be able to find out more opportunity to earn then for sure they would really be making out adjustments too on how much they would really be putting up with their bitcoin or crypto investment. Its a matter of perseverance and seriousness on how to deal up with the market. There are really just that those moments or conditions on which we dont have no choice because it is really just that our capacity but doesnt mean that we wont really be having no progress or development if we arent that mindful on making things for the better.

It is a method where you can have a very good savings at the end of a year depending on the movements that will occur in the cryptocurrency markets, but there is also a possibility that the balance will be below 365 at the end of a year in USD based. For this reason, I think it is necessary to look at the question asked from a longer-term perspective. Especially considering the fact that you will not accumulate a fixed amount of Bitcoin every day due to variable price movements, each price decrease will actually have a positive effect in the long-term process.
In this context, it is an unavoidable fact that after a few years, the total amount of savings will be more than the amount of year x 365 in USD based. Because, throughout the history of Bitcoin, it never lose the value in long-term period.

$300 is useless if it not comes from your heart, if you are just forced to invest that amount then meaning of that is that you cant afford to lose it. In investing it doesn't matter how big or small your investment is as long as that is only you can afford and also that $1 is only what he can afford so we cant forced everyone. I would say that it is not big but still it will accumulate overtime and still it will be getting bigger and for sure OP will realize sooner that it isn't enough if he is expecting some bigger profit out of it

$1 per day and $365 per year for the investment, which is not a bad number to invest in crypto. For someone with limited capital like OP, he probably won't be willing to take big risks, so I don't think investing in altcoins is good advice for him. Instead of saving with a piggy bank, he can save that money in bitcoin, which is both profitable and safer than altcoins. With that amount of money, the profit he makes will not be too big compared to other big investors, but it is a significant return compared to the initial capital he invested. Don't just look at the profit others achieve without looking at the risk they take, the bigger the investment, the higher the risk.

Someone who think that investing a dollar a day is a good investing plan, could you please explain how today, in almost June 2023, you are going to do that. Everything nowadays has become so expensive, compared to topic creation date, that I dont think that from investing a dollar, the investor would get anything at all. I mean when was the last time you have checked trading and deposit fees? They are not zero. That invested dollar by the end of fiat>crypto chain will turn into cents. Cents can be turned into something valuable only with a huge luck, that not everyone has.

Trading does not have a minimum, it all depends on the ability of the trader himself,
if a trader can only trade with $ 1 per day then go ahead, but indeed the profit we will get is also proportional to our capital.

Investing $1 per day is a good investment plan under DCA which can ensure that you cut lost over time, it is also very important that if the opportunity to invest more than that occurs within a day when the market go bearish it's not a bad idea to invest higher, but using DCA has been one of the best means to posses or buy bitcoin over time as long as you have the intention to hold the coins for a while before selling.

if you earn $ 10 per day obviously that's a good thing because you can get $ 300 every month,
and in my opinion it's better if you use $ 300 to invest in each altcoin and then hold it until 2025,
I'm sure you can get multiple results if you do.

And something that you should really be that realistic when it comes to your goals and targets on which it would really be basing up on the amount on where you are starting or accumulating. Be realistic and able to reach out those goals on gradual manner. Dont make yourself that impatient when it comes to things on which it wouldnt really be that something simple to be done or be controlled but if you are really that wary about your actions and you are really that serious on acquiring those things then it would really be up to your choice. $1 accumulation on day to day basis wouldnt really be that bad.
Its true that each person does have different capacity when it comes to financial matter.

The key on here is that you should only invest on the amount which you can afford to lose.If you could only allocate a buck a day then its your choice but of course dont expect for something big in return
because it wouldnt really be still that significant even if the market would really be shooting up.It would really be your choice when it comes to this one.

It's easy to say and calculate how much profit one will get. But in reality all of that will be hindered by some conditions that we don't want. Like a sudden market crash and too early buying. although only $ 10 is not easy to consistently earn $ 10 every day. The market is constantly changing and you have to know what to do. If you become a trader, you really have to know how to read technical and fundamental crypto market conditions.

$300 is the amount that the OP will earn in a month, but he also needs to pay for his needs, which means that at the end he will not have much money left to invest.

And the advice to buy altcoins looks very doubtful. Do you know how many altcoins there are, which of them should be bought first? Obviously, some of the altcoins will not even survive until 2025, some will turn out to be a scam, this happens all the time. For an inexperienced person, Bitcoin remains the best option, but for a good result, you need to increase the amount of investment, because $ 30 per month is very little.

Investing $1 per day in crypto can be a good starting point, especially if you have other financial responsibilities. It's a consistent approach that can help you accumulate assets over time. While Bitcoin (BTC) is a popular choice, it may not be the most practical option given its current high price. You might consider exploring alternative cryptocurrencies with lower prices that have potential for growth. Remember to research and diversify your investments to manage risk effectively.

expectations usually don't match reality, my experience is like that I have also traded every day using $ 20,
and indeed not all of them can work and I can even lose $ 5 or $ 10 every time I trade, but by learn TA maybe this risk can be minimized.
Of course, you can also learn from the bad experiences you get when trading, because that can make you success.

there is no limit to investing in crypto currency even though with only $ 1 you can buy altcoins that have prices that have 1 or 3 digits,
for example Alchemy Pay, Nervos Network, Shiba Inu, Doge, Pepe, and several other altcoins,
by investing with $1 every day and you persevere I believe in 2024 or 2025 your $1 could be $1000.

If you can invest one dollar per day then at the end of the month your investment will be like 30 dollars and at the end of the year your investment will be like 360 dollars. I think if you can continue this trend of investing, investing a dollar every day can be a good investment method. You plan to invest at least one dollar every day, when you have more money you can invest more than one dollar no problem. But you have to continue investing in this way for a long time because if you invest one dollar for a few days, if you stop this investment method, you will see that your investment amount is very small. So if you are planning to do this then try to do it for a long time.

I appreciate your point, but I think if a dollar investment is made in Bitcoin on a daily basis, there is no significant profits are seen in near future . This advice can be given to a child or if a child invests a dollar a day in Bitcoin it can be a good investment for him, but I wouldn't advise any responsible person to invest a dollar in Bitcoin on a daily basis.


I think if one dollar investment is done on a daily basis in some low value token instead of Bitcoin, the result can be much better, but the condition is that your choice is right.

Bitcoin is a reliable and safe crypto currency, because its current value is too high and it has a very low rate of return for small investors. Risk in altcoins is high but if your selection is right and the project is successful then the profit rate is very high.

I think it depends on how we invest, I mean, if we save $1 a day in the piggy bank and a year, we have $360. Then we're going to invest $360 in bitcoin, and for that money, it sounds like a very promising investment and worth looking forward to. But if we save $10 or $30 and buy bitcoin with that meager amount, it's easy to get discouraged and give up. Investing with too little money can easily shake our psyche because human nature is greedy, always wanting things quickly, especially regarding money and profits.

It will be an experience that will make you learn how to become a trader who can take advantage of every condition. Loss is common, but don't get used to it. Trying to get an advantage in every condition must be done and that can be done by studying TA and FA. It's not easy, but if you get used to it everything will go according to plan.

What are you talking about? If you trade with $1 it will only be spent on gas fees. even centralized exchanges also make trades of a certain value, such as $10.
so anyone who wants to buy Bitcoin or other assets must save their money first to be collected until the value is enough to make a purchase.
if the ability to save $ 1 every day or every week. then do it consistently with purchases of a certain value. it will probably take longer. but if you want to invest then do it consistently.

Invest 1 dollar per days  if u can in the end of month yours saving will be 30 dollars and end the year your investment will be 360 dollars and if u continue to invest in this package an daily invest of 1 dollar is very good investment scheme i think so , Your planned to invest 1 dollar per day at the time you having lot of money you will much more money per day and main thing in this is scheme is continue more days then only you will get good profit .

many kept saying altcoins are good investment nowadays, certain coins are indeed good for investment but after todays correction, i'd say accumulating bitcoin might be good idea.
just seeing from the other perspective, right now the price of bitcoin easily shaking due to the fact that there are fuds everywhere, and after that it was followed by some recovery.

i think it's good idea to take advantage of this fuds to accumulate bitcoin since it seems this coin are largely undervalued which means chance of recovery rises significantly.
moreover I think that in the long run, holding bitcoin will be advantageous with the fact that if the coin is already corrected far enough, the only way is to go up from here.

Now that I have a stable job, that's what I actually do although I am not putting money daily, more like I split my salary and have around 25% of it put into crypto or 50% if I see that the market is bearish, it may sound big to you but I don't have any big responsibilities yet so I can afford to do this.

A trader depends on his money for trading and it is always required to make his profit. If a person starts trading his crypto with $10 per day, he can earn $1 profit. If he has good knowledge and skills about the market position, then profit can be made. But if a person does not know the details about trading they can never trade and make profit. So basically those who do not understand well for investment, if they trade, they can be at risk.

but it is a lower profit that we get. Yes,  trading does not have a minimum, but because of the fees, it is better to save those $1 per day and deposit it in a month and start trading. The problem with low budget trading is that you can't really do risk management, meaning you don't have enough money to have a stop loss on it in case the market goes against you in your trade, and the problem with this is that you can easily close off your trade because you put the SL near your entry because you don't have enough capital.

I was about to say the same thing. Not sure if he forgot it or he is only referring about investing itself and the fees are still not concluded with it. If so then he is right. The main concept of cryptos are decentralization and we are free to do what we want. These centralized platforms, are only being introduced later on and they have created their own set of rules, including if how high or how low a customer can buy a crypto.

BTW mate, the OP is talking about investing not trading. Trading has more fees and we need to pay a fee each time we do a trade so obviously a 1 dollar capital is going to be useless. Even 5 or 10 will still be complicated to make enough money in trading. Investing can be done immediately but if we think the money is too little, we can save it first.

Buying Bitcoins continuously is a good idea, just the time frame to buy coins every day seems like too much work and too expensive in my opinion. A more practical approach would be to buy coins over longer periods of time, like every 2 weeks or once per months. Using 10% of your income is a great number, as long as you actually can afford it. Don’t use any money for investing that you need in a short period of time. In case there are some expenses coming up where you need the money again I would advice against investing it in Bitcoins. There is a lot of volatility in the crypto market and being forced to sell at unfavourable prices can lead to big losses. So instead of buying daily 1$ I would recommend to buy 30$ worth of bitcoins every month. The transaction fees are quite high at the moment, it’s better to make less transfers as you always need to send the coins your bought to your wallet. Don’t leave all your money at the exchange, the risk to lose it in case of a security breach is too high.

OP, Considering your present earnings of up to $10 each day investing $1 in cryptocurrency per day can be a decent place to start. It is crucial to keep in mind your financial obligations and avoid overextending yourself. Despite the fact that $1 a day can seem insignificant regular investments over time can build up. Your investing objectives and risk tolerance will determine whether BTC is the best choice. Although BTC has previously demonstrated growth potential it is vital to keep in mind that the cryptocurrency market can be unpredictable. To locate cryptocurrency possibilities that fit your financial goals think about diversifying your assets and looking into various types of digital currencies. Keep in mind that investing always entails some level of risk so it is crucial to conduct careful research and make judgements based on your unique situation.

Exactly, and this is which people should really be that mindful about on taking up such step because on the time that you would really be making these micro transactions then you would really be making yourself that
been consumed out just only with fees alone or one buck isnt really that enough considering on network fees on which it would really be just that sensible that you would really be accumulating fiat until
it would really be that significant and this is the time you would really be considering on buying in bulk so that you would really be able to save up fees. $1 might be that small and saving it up
a month would be $30 minus the fees then it would be lesser but of course each person does have its own capacity when it comes to finances on which it would really be that understandable
that there are some who could be able to save up more and to those who do able to save up less.

If we know what we are doing as a trader with a good skills, we can earn good amount of profits from the market as a trader. Earning as a crypto trader could be a little difficult if we don't know the right pair of currency we need to trade on. Trading a volatile coins pairs will be very easy to achieve especially when we know the direction of the market. There are some currency pairs that don't used to have a good movement only a ranging market. There are  lots of things we need to put into consideration for this to be achieved and if not, loses might be what we could get especially when trading with leverage that is too high.

put your responsibilities first, then whatever you invest in crypto , it will still be part of your investment. even though $1 is a small value, it is even better than not investing at all. use your money for what you need for the things you need, but never sacrifice it for investment because we never know when our investment will generate profit.

Your viewpoint is entirely valid. Good traders are referred to as skilled or expert traders since they have superior abilities and understanding. Whether investing in cryptocurrencies or other assets they are aware of all market fluctuations. A competent trader will cease trading an asset if they believe its price will increase in the future and will instead hold onto it in anticipation of making significant profits. Similar to traditional trading becoming an expert in cryptocurrencies involves a certain set of abilities, as well as market awareness, a comprehension of profitable coin pairs, and the ability to gauge volatility. With these skills one can also make significant gains in cryptocurrency trading.