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Author Topic: How to start investing with 1$?  (Read 4584 times)
e-coinomist
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November 08, 2017, 03:37:02 PM
 #81


there are coins like bytecoin which is less than a cent. https://coinmarketcap.com/currencies/bytecoin-bcn/
one thing thats crazy about this coin is that its heavily traded, i don't really know how they were very much liked by traders but its kinda like cheap dogecoin.
DOGE been a copy of LTC, Bytecoin was the original codebase for todays Monero.
There had been issues surrounding Bytecoins former past, particularily premining related. Hence the continous decay on their charts.
I agree spread trading on low value coins can be helpfull on a little single dollar.

But honestly, if he does a tenfold with that ending on ten dollars the self suicide probability increases drastically. Better taking $100 and trying to create $1000 from that instead.
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November 08, 2017, 03:41:38 PM
 #82

Join some airdrops or bounties
you will have more than $150 in less than a year, you can keep your $1.5 as well

regsintered
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November 08, 2017, 03:52:54 PM
 #83

with 1,5$ it is very hard. because you must to pay the transation fee, and it will be very expensive compared to 1,5$
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November 08, 2017, 03:58:08 PM
 #84

Join some airdrops or bounties
you will have more than $150 in less than a year, you can keep your $1.5 as well

Yeah, that is good idea. and it is best. you can find any bounty here https://bitcointalk.org/index.php?board=238.0
It is very good to make funds
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November 08, 2017, 04:04:24 PM
 #85

the best thing you can do with a dollar is buy an ice cream. Don't even think about investing that anywhere except your stomach. The amount is way too small and just a transaction will rip your portfolio to zero. The minimum investment anyone should put in crypto's is at least 100 dollars, as it takes about 2 dollars (depending on the blockchain, maybe less) to validate/send a transaction.

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November 08, 2017, 04:30:27 PM
 #86

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 would advice you to add a few more dollars and buy a good undervalued altcoins which have potential of making it in the near future. The thing is most exchanges have a minimum buying rate of 50 000 sat and $1 is worth around 24-25 000 sat, so having $1 on your wallet might limit you to buy some cryptocurrencies. Once you have managed to put in a few more dollars, try day trading, buy when its low and sell when its higher, don't forget that. You might even make more than $150 profit within a year.
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November 09, 2017, 02:09:52 AM
 #87

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?
Let nobody deceive you mate, unless you are ready to waste your time doing very much for nothing, I will suggest you find a way to increase your $1 before you start trading. It is not realistic when you are going to have to consider some of the losses you will make as this is a trading environment and predictions can always go wrong and the fees you will also pay.

I do not know about other exchanges, but you cannot even trade with less than 50000sats on bittrex which to me is even unrealistic.


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Dr.Bitc0in
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November 09, 2017, 05:16:36 AM
 #88

$1.50? grow some balls man! but go with P&D alts obviously
Chmel
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November 09, 2017, 06:57:01 AM
 #89

Lol, maybe 2-3 years ago, with 1,5$ can be start invest, but now it's nonsense. I think,  atleast minimal 1000$ need, but and it's too low now. 

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November 09, 2017, 08:09:34 AM
 #90

Dogecoin. you can learn how to trade, then micro trading /10 trades in 2 minutes)  and at last margin trading.
actually, Dogecoin is also difficult to try. because people will buy big amount of dogecoin and sell it when the price is increasing even just 1 or 2 point.
and when the price is increasing, you get nothing cause you don't get the coin to be sold.

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November 09, 2017, 08:17:03 AM
 #91

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
Nice. This is very realistic and true to every investors. When you already grow up your $1 to a good amount then you can buy bitcoin and invest in cryptocurrency.
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November 09, 2017, 08:58:35 AM
 #92

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
Good suggestion but the main thing here is that we wont really know or hardly managed on such kind of target knowing that choosing altcoin is really pain in the ass because we wont even know if it would rise or not. Shorting $1 amount is not really sufficient and you can just buy coins worth of cents but you can actually make up some tradings but the waiting game would really be longer knowing that $1 is not really a big amount which we can freely move with our oders.



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November 09, 2017, 09:24:07 AM
 #93

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?

Find a real work to earn money and then invest in altcoins. Work for at least 1 month and they to collect a few hundred bucks so it will be a little bit more meaningful to buy altcoins or bitcoin.


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November 09, 2017, 09:29:14 AM
 #94

Hmmmmmm... for that you can invest in a cola, nope not a coin called cola, but a can of coca cola.. that's pretty much all $1 will get ya ;d

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November 09, 2017, 09:41:46 AM
 #95

Starting with such a limited capital requires you to speculate a bit to increase it in a short while, though that is risky.
All Alt coins go through dump & pump phases. Select very low priced coins on Etherdelta, which are speculative in nature i.e. they move a lot with market high & lows Invest in them during the next dump and wait for the Pump to increase your capital.

Most of the ICOs are opening below their ICO price, which usually in case of decent coins catches up in a couple of weeks. You can look at these coins, I guess...

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November 09, 2017, 09:47:56 AM
 #96

Actually I could relate to this. But instead of $1, I also started out trading in Poloniex also with only $15 or I think it was less that amount at that time and this was around February of this year and checked on my profit, although I already taken out the capital of $15 a month after; all I have left there right now since I was experimenting that money for 5 years to see how much it would be worth by then. But currently it is around $300 now.


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November 09, 2017, 09:52:10 AM
 #97

I've started with $200 few months ago. I was daily trading, I wrote a lot of scripts, bots with RNN, it all ends up to buying at dip and script for selling with small profits like 1-2% but 10-20 times a day.
It is risky, but may work for small amounts

Also it works for moments of stability, there may be huge dumps or pumps between, don't be greedy.
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November 09, 2017, 10:43:35 AM
 #98

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
This may advice may sound funny and nonsense but it is logical. Explaining how to earn in a very simple way. Because this is how trading works. Very basic but it takes initiative and hard work to earn and to make your 1$ become a hundred dollar. Also you need to ready your emotion if you want your 1$ grow.

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November 09, 2017, 10:51:19 AM
 #99

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?

why do you just start investing with $1? i see you are member in Bitcointalk forum you quite participate in bounties campaign which you can earn $20-$40/week after you can investing to altcoin that you hope it will increase 100x. Actually i think that too difficult to you can find out an altcoin will increase 100x in a years unless you're too lucky Smiley

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November 09, 2017, 11:47:57 AM
 #100

So because of the amount it would be much easier to make $99 doing xyz but in general to get 100x returns you need to focus on smaller cap coins. It's much more unlikely Bitcoin will hit $700k next year than it is for a new altcoin to go from $0.0001 to $0.01. The problem is the risk is much higher too but if it's just an experiment pick something and hold it for a year and see what happens. It's a psychological lose lose scenario because if it does go up 100x you'll kick yourself for not investing more than $1 and if it gets delisted or goes to zero you have nothing gained.
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