Woshib (OP)
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June 18, 2016, 02:06:05 PM |
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I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money? If possible, how will be my profit?
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Yakamoto
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June 18, 2016, 02:14:18 PM |
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It is potentially possible to make some money trading $1 back and forth, but you'd need an exchange with extremely low transaction fees and you'd have to be watching the market a fair amount, depending on how badly you want to keep your $1.
As for your profit, you might make an additional dollar every two month or so, depending on if you do day trading or hold over time, and whether or not you're doing a lot of trading. I'd expect that roughly every dollar Bitcoin moves will generate roughly $0.001 or less, I'm not doing the math right now, so you have to keep that in mind.
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jtipt
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June 18, 2016, 02:18:11 PM |
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I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money? If possible, how will be my profit?
Its possible in low amounts but not as low as 1$ I would say you can earn some profit with lets say 20-50$ anything less than that wont probably yield any profit.
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gandame
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June 18, 2016, 02:18:22 PM |
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No its not posible bcoz in trading had transaction fees 1$ is very low amount.
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Azarl
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June 18, 2016, 02:21:53 PM |
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While it's possible to trade with 1$, you won't be making any profit using it. A better thing to do would be to collect all these 1$ you get and when it becomes a reasonable amount, start trading or gambling with it.
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Edwardard
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June 18, 2016, 02:25:47 PM |
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I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money? If possible, how will be my profit?
yes it is possible to trade with it but your profit will be negligible. you should trade with larger amounts to get better results as everyone suggested above.
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zeaderza
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June 18, 2016, 02:28:12 PM |
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Yes it is possible but you will earn low amount. You can try on yobit with low amounts of bitcoin.
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alyssa85
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June 18, 2016, 02:29:48 PM |
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I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money? If possible, how will be my profit?
On most sites the minimum trade is about 0.01BTC which is about $7 at the moment. You can trade it back and forth, reinvesting your profits, and eventually compound interest will come to your rescue, but it could take you a decade or more to make much money. You are better off starting with a larger stake.
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hasiramasenju
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June 18, 2016, 02:39:59 PM |
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yes it's possible but do not expect you will earn more profit from your capital amount and may be your profit just enough to pay the fees especially if you do trading at exchange with high fees
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yhansky
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June 18, 2016, 02:44:09 PM |
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Yes its possible ,and you can make your btc grow with trading ,if you some skills when it comes into trading. It all statrs in a small things. . So dont be afraid to enter into trading
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onlinedragon
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June 18, 2016, 02:48:26 PM |
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I know that Yobit accept lower amounts of trading. They start with minimum amount of 10 000 satoshi trades and bittrex is the minimum trading amount 50 000 satoshi. Isn't there any comparing treat or website so we can see the difference in easy list. Maybe someone who know more about it??
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BossMacko
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June 18, 2016, 02:54:19 PM |
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It is possible but you cannot do it in exchange sites because they have minimum. You can do this by making a thread in currency exchange if i am not mistaken. Goodluck
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Nowl1935
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June 18, 2016, 03:23:33 PM |
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I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money? If possible, how will be my profit?
If you that potential or skills maybe you can make your money grow. But if not, you need more money to have you more profit at the time
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BitcoinPC
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June 18, 2016, 03:26:55 PM |
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Yes it is possible but you will earn low amount. You can try on yobit with low amounts of bitcoin.
You can try trading with $1 or less at yobit but you will not be able to get profits as most of the profits will be detected in trading fee. Its better is you start trading with atleast $10 or more. The more you invest in trading the better is the for you to get better profits. For this reason i always trade with $50 or more and get reasonable profits.
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tygeade
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June 18, 2016, 03:40:46 PM |
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Yes it is possible but you will earn low amount. You can try on yobit with low amounts of bitcoin.
You can try trading with $1 or less at yobit but you will not be able to get profits as most of the profits will be detected in trading fee. Its better is you start trading with atleast $10 or more. The more you invest in trading the better is the for you to get better profits. For this reason i always trade with $50 or more and get reasonable profits. Higher investment will lead to higher profits, but if you are new to trading then I think its better to start with small amount and gain the experience which can help you in future.
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a7mos
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June 18, 2016, 03:55:17 PM |
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I do not think it will be possible to make any profit with small amounts like 1$. some sites does not allow less than .01 btc to trade. it may work in trading btc with altcoins but you wont get any high profit with this small investment
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crairezx20
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June 18, 2016, 03:57:41 PM |
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Yes it is possible but you will earn low amount. You can try on yobit with low amounts of bitcoin.
You can try trading with $1 or less at yobit but you will not be able to get profits as most of the profits will be detected in trading fee. Its better is you start trading with atleast $10 or more. The more you invest in trading the better is the for you to get better profits. For this reason i always trade with $50 or more and get reasonable profits. Yeah your right. if you are starting trading $1 you will never made any profit.. better to increase your capital before you start trading.. honestly i tried small amount to trade but i only made few cents.. so i increase them and try if i can make more profit.. and yeah its working..
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serjent05
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June 18, 2016, 04:26:29 PM |
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Yes it is possible to trade at small amounts but don't expect huge profit from it. Let us say you invested 1 USD, don't expect to have 1000 USD profit from it in a short period of time. Unless you were the early people who bought BTC at less than 1 USD ea. ~snipped
You can try trading with $1 or less at yobit but you will not be able to get profits as most of the profits will be detected in trading fee. Its better is you start trading with atleast $10 or more. The more you invest in trading the better is the for you to get better profits. For this reason i always trade with $50 or more and get reasonable profits. Yeah your right. if you are starting trading $1 you will never made any profit.. better to increase your capital before you start trading.. honestly i tried small amount to trade but i only made few cents.. so i increase them and try if i can make more profit.. and yeah its working.. I beg to disagree that you will never made a profit with 1 USD, even your own statement contradict what you have said. honestly i tried small amount to trade but i only made few cents. huge amount of dollar or tiny amount of cent gain is still a profit. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Mumbeeptind1963
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June 18, 2016, 04:33:42 PM |
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I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money? If possible, how will be my profit?
It is possible but dont expect too much because its only 1$ haha, and it is not worth your time on it. So if i were you try to find another ways of earning if in trading theres small amount only you can gain
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isen
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June 18, 2016, 04:40:32 PM |
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I suppose that you can use small amounts if you are a newbie and want to learn more about trading without risking much but don't expect to make big profit you need to invest much more than 1$ to see some good results.
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