Trading with small budget

[ReiMomo]

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

I am sure exchanges Binance, Bittrex, Hitbtc and few other best exchanges allow to trade with small investment amount. At times, the value of the coin you choose to trade matters a lot. If the coin is very cheap, yes, you can buy it lot more with less investment. But i would advice you to start with minimum $50 to $100 dollars to gain a decent profit. This is the best way to start with.

[playboy654]

if you want to trade with lower budgets in West and different investment because it will give different profits in various types when comparing to investing on one currency it will give you a lot more than before so make the work more higher with low investment to different currency will give some extra profit while you are investing a low budget also.

[Moiyah]

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

I am sure exchanges Binance, Bittrex, Hitbtc and few other best exchanges allow to trade with small investment amount. At times, the value of the coin you choose to trade matters a lot. If the coin is very cheap, yes, you can buy it lot more with less investment. But i would advice you to start with minimum $50 to $100 dollars to gain a decent profit. This is the best way to start with.

I don't think so. It will just eat the fees. Take note that in every contract there is a fee associated with each entry.
Withdrawal fees are higher too, in bitmex. I didn't try to trade with that very small amount but it is possible. But the o ly problem is the fees. I advise you to at least start at $100 . But of course, choose only amount that you can afford to lose.
We cannot dictate and demand you of higher amount. It is all up to you. But if you want to feel your profit, make it just enough.

[btc_angela]

Ok thank you guys. I was looking for arbitrage between exchanges for about <5 dollar but the fees will eat all the profit it seems.

Exactly, just the fees alone will cover your capital so it's not advisable to trade with a small capital such as $1. It's better to adjust your capital and let's say $100. That's how I started anyways, $100, win some, lose some. But the most important thing is that you learn and you get experience. As for arbitrage though, not good at this point, specially you have to compete with traders who uses bot.

[nasipadang]

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

BTC/USD exchange with 1 dollar transaction, I'm not sure there is because with the current value I think the minimum is probably around 4-5 dollars. in my personal opinion by trading with low funds even though we know that the value of bitcoin is also quite high, it is less feasible and the profits you might get can be deducted by a large percentage on the trading platform fee.

[xvids]

Any trading sites have fee ,
So if you would just trade with a small amount like that I don't think you would gain something the fee would just eat up your money.

[Noa_Amable]

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

only leverage can help you. still, 1 usd is too small amount for trading. you will not have fun nor earn any reliable money.

[TimeTeller]

Ok thank you guys. I was looking for arbitrage between exchanges for about <5 dollar but the fees will eat all the profit it seems.

Exactly, just the fees alone will cover your capital so it's not advisable to trade with a small capital such as $1. It's better to adjust your capital and let's say $100. That's how I started anyways, $100, win some, lose some. But the most important thing is that you learn and you get experience. As for arbitrage though, not good at this point, specially you have to compete with traders who uses bot.

Even if he does arbitraging and use the best exchanges with lowest tx fees, still hard to get profit if your capital is small.
Might as well save money while learning your strategies in trading and familiarize with possible exchanges that you will use in the future.
Compare their fees and the approximate duration of depositing and withdrawing your coins.
Try small amount so at least you have the grasp how the exchange respond to those requests.
So next time you are ready with your funds, you very well know your strategies on how to get things done at a shortest time possible.

[Bttzed03]

I did try trading on a small budget when I started and also realized it's a waste. This is only advisable if you want to practice and gain experience. Don't do this and expect some good profits

[panganib999]

I did try trading on a small budget when I started and also realized it's a waste. This is only advisable if you want to practice and gain experience. Don't do this and expect some good profits

What do you think? you're going too far from small investment? Small capital is just for trading, don't be fool with crypto advertisements online that says you're going to make a double so you as a beginner you're going to try then you'll just lose because you know less. You really must not do that, gain experience first and have some readings.

[SvonioneFromMangoCoinz]

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

I think no, the amount of your transaction is too low and even after only a few transactions, you will not be able to trade anymore because the transaction fee and deposit have occupied your $ 1 .
You have the right to practice your strategies with a small budget but don't make it too small. Because you won't care about something that doesn't bring you too high profits.

[agatha90]

Are you serious? with only 1 dollar, you will get a little profit, and you will pay a fee that is greater than your capital. Minimum trading of 50 dollars is enough.

[Question123]

Is that only money that you want to trade only $1? Maybe don't tradw it if that amount that you have.

[moynul2050]

trading with small capital will be very easy to do but it is very difficult to make a profit, because the profit obtained is only a small percentage. so if the capital we trade is small, the profits will not be too much.

[ryap12]

I know everyone else here is discouraging you not to trade with 1 dollar only worth of BTC to USD but I still do. Despite the small amount of earnings and all the fees given, (fees are not really that high, it would only cost lest than 0.1% in most exchanges.) I still do not give as long as you know how to trade because someday that small amount of BTC will keep on increasing until it becomes a whole bitcoin. But that would take months or years and not to mention the risk of losing.

[Khuletzky]

Hello all,

I have a question:
Is there any way or anywhere on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

If you're a Newbie trader, then I would suggest you watch the basic tutorial first. Trading is not that easy so you must have at least some knowledge before trying it. Regarding the starting funds, I would suggest at least $10, then the friendly trading site for me are Binance, Kucoin and Mercatox exchange.

[akram143]

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

 

I think it is a very low amount for the trading exchanges in BTC and you cannot make the profit while investing $1 urgent time but you may make money in other investment while using low amount

[justspare]

I don't see any good reason why anyone will want to trade with as low as $1, it doesn't make any sense because I don't think $1 worth of coin would give you any profit, you might just end up losing all your funds to fee on exchange.
I don't think there is any exchange that allows one to trade with as low as $1 with very low fees and even if there is any, I won't advise you to trade with the such amount of money unless you are ready to give it up as fees.

[bitbunnny]

I don't see any good reason why anyone will want to trade with as low as $1, it doesn't make any sense because I don't think $1 worth of coin would give you any profit, you might just end up losing all your funds to fee on exchange.
I don't think there is any exchange that allows one to trade with as low as $1 with very low fees and even if there is any, I won't advise you to trade with the such amount of money unless you are ready to give it up as fees.

I agree, it looks strange if someone wants to trade with only 1$ but on the other hand it could make sense. But only in terms of gaining experiences and learning. Then I can understand that someone wants to invest only such small amount and not to risk anything. Still even in that case I would invest a bit more to get more realistic feeling. Exactly the fact that you can trade with really small amounts makes really big advantage for Bitcoin and other cryptocurrencies compared to other trading assets like stocks or similar.

[Hannahanto]

Nothing can be done with a dollar investment. Only one thing can be sone is trading trading can be learnt. But to gain more profits, more inveatment is needed. Choose the best coins to gain more profIts.