medevlo
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June 19, 2016, 03:37:30 AM |
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yes its obviously possible but be sure that its very hard to make any profit with it so i don't see any reason of doing so.
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pooya87
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June 19, 2016, 03:43:44 AM |
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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 you can. don't be scare about starting to trade, just begin with a small amount so that you are taking a smaller chance of losing money and learn from there. you can check different exchange services, open their FAQ, or Fees page and see how much is the smallest amount you can deposit and make an order (it is usually 10000 satoshi)
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Cyaren
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June 19, 2016, 04:27:05 AM |
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definitely. Especially if you are just trading on the altcoins market, you can trade with any amount you want. However the fees that will incur will probably exceed your profits by a long margin.
Also don't trade what you can't afford. It's like gambling.
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afriezalie
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June 19, 2016, 04:37:54 AM |
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Trading bitcoin with $1 is possible to earn profit, but there are some sites which restrict you to exchange your bitcoin in small amount or they apply fee to your order which will exceed your profit. But trading with $1 is a good idea to start learning about trading without suffering much loss. If you have small margin, I recommend you for altcoin trading because it gives you more profit than bitcoin trading due to altcoin movement which is bigger than bitcoin movement.
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justspare
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June 19, 2016, 04:45:18 AM |
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Trading bitcoin with $1 is possible to earn profit, but there are some sites which restrict you to exchange your bitcoin in small amount or they apply fee to your order which will exceed your profit. But trading with $1 is a good idea to start learning about trading without suffering much loss. If you have small margin, I recommend you for altcoin trading because it gives you more profit than bitcoin trading due to altcoin movement which is bigger than bitcoin movement.
Do you mean starting off with $1 and then trading from there? If you are going to do that, then good luck. That will be extremely hard as no one wants to sell that amount of Bitcoin. I think OP means like $50 or less. That is a small amount.
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ObscureBean
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June 19, 2016, 04:53:05 AM |
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Unfortunately you're not going to get anywhere fast with $1. In theory if you're really good at trading, given enough time, you should be able to accumulate decent profits even with such small amounts but it's not that simple in practice. I've tried it myself when I first got into crypto. You can have a long streak of spot on judgment but all it takes is a single moment of carelessness or oversight to bring you right back down. The thing is, if you start with small amounts like $1, you're earnings will also be very small.
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xuan87
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June 19, 2016, 05:14:55 AM |
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It is possible to trade with small amounts but 1$ is way too small, you only will get few cents, its not worth of your time and the electricity that you used, in my opinion if you want to trading with small amount, I suggest you to start in alt coin not in bitcoin
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wintermeasures
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June 19, 2016, 05:43:33 AM |
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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 could have been, but if you are trading USD / BTC I do not think will get a good profit, for that much money I recommend trading bitcoin / altcoin. You can try it in yobit.net which has many options altcoin cheap Thank you
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Barbut
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June 19, 2016, 05:53:37 AM |
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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?
For you no! I don't know how you imagine to earn something with 1 $ and zero patience? You didn't start nothing, and you ask already about a profit from 1 $ investment. This must be a joke...or you are crazy. Try to buy some coin that worth 1 satoshi, and then wait and wait until that coin reach some high price. I wonder will OP see irony in my words.
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Herbert2020
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June 19, 2016, 05:53:54 AM |
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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 could have been, but if you are trading USD / BTC I do not think will get a good profit, for that much money I recommend trading bitcoin / altcoin. You can try it in yobit.net which has many options altcoin cheap Thank you it is not about the amount of money you can earn when you start from a very small amount, it is all about learning how to trade. and since everything is percentage based then you can do it with small amount, you pay a percentage (~0.2%) as fee and you earn profit/ or lose based on a percentage so it really doesn't matter.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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neochiny
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June 19, 2016, 05:57:09 AM |
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I want to know if it is possible to buy and sell Bitcoins with small amounts such as 1$ and earn money? If possible, how will be my profit?
its not practical to trade in small amounts, it is most like that you wont get enough profit to match the time that you use on trading. plus you still have to pay fees for transactions so you will get almost nothing if you trade in small amounts of bitcoin.
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gilangIDR
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June 19, 2016, 06:18:40 AM |
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it is very possible. small capital is not an obstacle to trade. I play trading with small capital and can I get that a lot bitcoi. I can be rich for playing trading.
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el kaka22
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June 19, 2016, 08:31:19 AM |
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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?
You could I think. However that was not the case, the problem still lies ahead you could only earn a fraction of satoshi. In trading, risk is always there you can't earn big if you don't risk big, just study trading and be better.
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1Referee
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June 19, 2016, 08:36:09 AM |
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yes its obviously possible but be sure that its very hard to make any profit with it so i don't see any reason of doing so.
If you are living in a well developed wealthy country, then it's indeed not really worth it to trade with small amounts unless it is for trying purposes. But people in third world countries trading with amounts like 0.03-0.05BTC is quite a lot for them. If they can make a few bucks profit every week then it's a nice bonus for them.
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hermanhs09
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June 19, 2016, 09:43:32 AM |
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Definitely is possible to trade with small amounts. In fact if you go on any exchange the minimum trade amount is probably around 0.0001 BTC or thereabouts, which is really nothing at all.
Try yobit.net, or poloniex.
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alyssa85
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CryptoTalk.Org - Get Paid for every Post!
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June 19, 2016, 10:03:23 AM |
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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 could have been, but if you are trading USD / BTC I do not think will get a good profit, for that much money I recommend trading bitcoin / altcoin. You can try it in yobit.net which has many options altcoin cheap Thank you it is not about the amount of money you can earn when you start from a very small amount, it is all about learning how to trade. and since everything is percentage based then you can do it with small amount, you pay a percentage (~0.2%) as fee and you earn profit/ or lose based on a percentage so it really doesn't matter. Well yes. Trading with tiny amounts is a good way to learn because the losses arn't painful. After a point though you need to scale up to see real profit. To all those talking about fees - the fees on a trade are usually 0.2% to buy and 0.2% to sell. So you need to make a minimum 1% on the move, to cover all the fees and still have a profit.
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zodin
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June 19, 2016, 11:16:26 AM |
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yes it is possible to trade in a small amount. it wll decide your loss and gain. if you invest a little amount then your profit and loss will be less. if you invest a large amount then your loss and profit will be more.
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