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Author Topic: How to start investing with 1$?  (Read 2536 times)
rattle99
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November 04, 2017, 10:39:50 AM
 #1

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?

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November 04, 2017, 10:40:11 AM
 #2

Get a job.
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November 04, 2017, 10:41:30 AM
 #3

Get a job.

This is purely an experiment with cryptos.

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November 04, 2017, 10:44:04 AM
 #4

1)Buy an apple for 1 dollar.

2)Then sell it for 2 dollars and buy 2 apples.

3)Repeat with 4, 8, 16, 32 apples and so on, until you managed to sell 3500 apples for 7000 usd.

4)Buy a bitcoin Smiley

                               
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rattle99
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November 04, 2017, 10:46:51 AM
 #5

1)Buy an apple for 1 dollar.

2)Then sell it for 2 dollars and buy 2 apples.

3)Repeat with 4, 8, 16, 32 apples and so on, until you managed to sell 3500 apples for 7000 usd.

4)Buy a bitcoin Smiley


Any trading advice with cryptos would be great.

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November 04, 2017, 10:47:11 AM
 #6

if you are just moderately good at day-trading and using the oscillations in coins with high trading volumes, you can have 150$ after just 100 days. pick the right coin each day and learn how to interpret stochastics and RSI. discipline yourself to not over-doing and sticking to just a 5% daily increase.
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November 04, 2017, 10:59:17 AM
 #7

It is nearly impossible to make $1, $150. You should work at some fulltime job and make your investment money bigger. Sorry if it sounded harsh, I don't wanna offend anyone but you can't go with anywhere with $1, being honest.


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November 04, 2017, 11:09:12 AM
 #8

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?
It's really not easy to make money with such small amounts, because of fees.
Your only chance is probably on the altcoin market. But it's useless to buy such small amounts of altcoins and wait for increase. So first of all you need to increase your investment amount through day trading (traditional buy low, sell high).
If you you reach 10-15$ in total, you can start arbitrage trading, which means you buy low at a certain exchange (e.g. Poloniex) and sell higher at another exchange (e.g. Bittrex). Unfortunately you can't do this with small amounts, because of fees. And even with 10-15$ you should only use altcoins with very low transaction fees (e.g. Verge).
If you reach 100$ you can start investing in promising new altcoins and maybe ICOs.
But to multiply your money by ten only through day trading on a single exchange, is really hard.
I recommend you to start with 10$, otherwise your experiment may be over soon.

BTW: Please stop offending him for asking this question. You don't know his private situation and he said it's just an experiment.
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November 04, 2017, 11:14:29 AM
 #9

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?
You sure of what you are asking? You've got $1.5 and asking for $150 in profit? There's no shortcut in success and even in crypto's, you have to increase some more of your investment. You know that $1.5 is just a peanut and it's impossible that this is what you've got in your life. You can buy those coins that are lower than $1 itself. Go at coinmarketcap.com and there's a lot of choice for you, personally DGB is good for me.

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November 04, 2017, 11:43:53 AM
 #10

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?
It's really not easy to make money with such small amounts, because of fees.
Your only chance is probably on the altcoin market. But it's useless to buy such small amounts of altcoins and wait for increase. So first of all you need to increase your investment amount through day trading (traditional buy low, sell high).
If you you reach 10-15$ in total, you can start arbitrage trading, which means you buy low at a certain exchange (e.g. Poloniex) and sell higher at another exchange (e.g. Bittrex). Unfortunately you can't do this with small amounts, because of fees. And even with 10-15$ you should only use altcoins with very low transaction fees (e.g. Verge).
If you reach 100$ you can start investing in promising new altcoins and maybe ICOs.
But to multiply your money by ten only through day trading on a single exchange, is really hard.
I recommend you to start with 10$, otherwise your experiment may be over soon.

BTW: Please stop offending him for asking this question. You don't know his private situation and he said it's just an experiment.

Even I was considering starting with something like 30-50$ or so and trade very cheap crypto almost like penny stocks, but, maybe polo isn't the place for that.

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November 04, 2017, 11:49:53 AM
 #11

You can turn 1.5 $ in 150 $ but the amount of time and effort you need to do it is enormous. If you are new in crypto you need a lot of time to learn a lot of things. Any other way, it's just gambling. You don't need crypto for that.
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November 04, 2017, 11:52:24 AM
 #12

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?
It's really not easy to make money with such small amounts, because of fees.
Your only chance is probably on the altcoin market. But it's useless to buy such small amounts of altcoins and wait for increase. So first of all you need to increase your investment amount through day trading (traditional buy low, sell high).
If you you reach 10-15$ in total, you can start arbitrage trading, which means you buy low at a certain exchange (e.g. Poloniex) and sell higher at another exchange (e.g. Bittrex). Unfortunately you can't do this with small amounts, because of fees. And even with 10-15$ you should only use altcoins with very low transaction fees (e.g. Verge).
If you reach 100$ you can start investing in promising new altcoins and maybe ICOs.
But to multiply your money by ten only through day trading on a single exchange, is really hard.
I recommend you to start with 10$, otherwise your experiment may be over soon.

BTW: Please stop offending him for asking this question. You don't know his private situation and he said it's just an experiment.

Its a useless experiment... 1$ is really "garbage".... even 10$ is bad, but going with 100$ with some luck you can really make 1.000$ in 1 year investing moderate time.
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November 04, 2017, 11:53:43 AM
 #13

Personally I'd come back with more investment capital but everyone has their own situation so what I would tell you is to buy ETH and hold it till end of year and see where that gets you.
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November 04, 2017, 12:18:04 PM
 #14

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?
are you kidding 1 $ it is about 0.00003 i think you need to work hard to become 150 usd , I advise you to start with 100 dollars as min amount .

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November 04, 2017, 12:24:21 PM
 #15

Get a job.

Brutal honesty Smiley
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November 04, 2017, 01:59:46 PM
 #16

Hello, friend! That's hardly possible to make big money starting just with 1 dollar. You should be damn lucky guy, if you do it. Good advise - make some money bank before you go to exchange, then you have more chances.  But don't forget the main rule - don't invest your last money - just free ones, that you can let you to lose. Good luck!
nobody can give you list of coin that will make 10x growth, that's risk!

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November 04, 2017, 02:09:37 PM
 #17

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?

I think the main difficulty you will face is that your amount is too little. I would say to begin with you can probably profit by flipping high volatility coins, your amount will be so small that it will just get swallowed up, try to make a few % each time and then you can maybe start to do more once you've grown it to $10 or so.

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November 04, 2017, 02:13:58 PM
 #18

Honestly $1 is very small amount to invest in crypto buying an altcoin and selling when you feel good, much better if you join some bunch of shit airdrops out there then sell it on pump, much profitable than to invest that amount.

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November 04, 2017, 02:48:08 PM
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Get a job.

Nice reply  Grin Get a job. But if you are still a student and do not have enough time to work, focus on bounty campaigns on your free times. You will get some profit to invest if you focus on good projects.

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November 04, 2017, 03:17:42 PM
 #20

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?
Please, your amount worth a penny and if you are expecting your $1,5 to be some hundreds dollar at the end of the next year. please you can try to start invest in the shitcoin which worth some satoshi.
There will be no more coin like bitcoin. bitcoin was starting from the penny and you must try to invest in the penny too.



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