Trading with small budget

[jhongzjhong]

1 dollar is nothing in trading, maybe you can deposit 1 dollar but when it comes to cover the fees I don't know if you can able o move your coin on that amount. First, there's a minimum when it comes buying a coin on an exchange, second, I don't know if how many days you are going to grow that amount before you can reach the amount minimum withdrawals. Take note that, having a huge amount of capital it is possible too to have a huge profit.

[Apened]

It is good to start trading with small budget than having a big amount of it but you or a person hasn't experienced yet to handle trading activities that may lead to losses. I have experience having a big amount of money and afterwards in my new early days in trading i almost loss all of my money. Money isn't the key to be susscessful in this trading system, the key is learning and educating oneself.

[BlackPanda]

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

 

If you trade with the 1USD nominal then the amount will only make yourself experience a loss, many exchanges that make restrictions and trading costs and withdrawal fees. So we must think rationally that there is a minimum limit when trading because of avoiding the cost of other pieces. Maybe in a calculation then at least you have to have 10USD, you can avoid these pieces. I only suggest that when you can trade with a lot more nominal then you will be more likely to get even bigger profits.

[Evgenklm]

I do not advise to trade a small balance, from personal experience I will say, the conclusion - the commission, trading on the exchange - the commission, and from your balance really nothing will remain. Better save up for some time.

[Activitycoin]

I think you better not do it, because trading with and small will only make your capital smaller because of transaction costs. Unless you can buy cheap coins and can get profits up to 100x.

The desire of many people to have a little capital will result in multiple profits. it will not be easy for some people who really learn it. It's time you think logically about what will happen.

It seems quite irrelevant to make big profits with small investment that is why there has not been any point here. You should use enough amounts to start trading efficiently with market connectivity. If you are not connected with the market and these updates could be positive as well but you will miss chances. On the other hand, if you are trading and connected with market updates then it will help you making a fine profit.

Right same as so many other projects bitcoin trading has limit to spend if minimize it but if you are trading with small budget you will have to wait or to trade for long term, so this way amount of budget will not affect your earning, anyone can trade with the amount which suits them and which they can afford easily.

[moon sorcerers]

I do not advise to trade a small balance, from personal experience I will say, the conclusion - the commission, trading on the exchange - the commission, and from your balance really nothing will remain. Better save up for some time.

At least must determine the analysis which tends to be more long-term, the continuity of short-term trading is strongly influenced by fees and not good for small budgets. For example, at this time the hype is happening at LTC because in the next 3 months there will be a Halving day, with small funds of course it can be speculated for that period, I am sure that every day it will also have an impact on developing profits.

[mr_random]

A small budget can be used for making more money in the long term trading. In the end, it comes the personality of the trader. If he is skilled enough he will be able to make a decent trading strategy.

[kodtycoon]

A small budget can be used for making more money in the long term trading. In the end, it comes the personality of the trader. If he is skilled enough he will be able to make a decent trading strategy.

i think with a small budget it is difficult to make more money because for now the margin to be obtained will not be much different, if you want to make more money you should have a much higher budget so you can get a much higher profit. even though you have the skills but it's do on a small budget, im sure it will take a long time to make a lot of money

[Aivaryamal]

Need to sell this amount of money, which will feel the profit and the results of their work, there is no need to fall into a passion and should be taken more seriously, if you want to get a decent extra income!

[shoreno]

A small budget can be used for making more money in the long term trading. In the end, it comes the personality of the trader. If he is skilled enough he will be able to make a decent trading strategy.

i think with a small budget it is difficult to make more money because for now the margin to be obtained will not be much different, if you want to make more money you should have a much higher budget so you can get a much higher profit. even though you have the skills but it's do on a small budget, im sure it will take a long time to make a lot of money

the guy above you is correct that no matter how small the budget or the capital is but as long as the trader is skillful , he or she can always turn that small amount into a verry huge amount in no time  .  even if without a budget  , one can still produce a capital in the form of online jobs and the he/she can use that amount to do trades . he/she can then double or tripple it depending on his/her set of skills   .

[bitcon]

Trading in lot of exchanges is also depends on what exchanges are you gonna pick because theres a minimum and maximum to trade some to withdraw and deposit.

Some exchanges will never deal with a small amount of money (cryptocurrencies). You can start investing in crypto starting even with $15, but you should accumulate a certain sum to trade.

[traderethereum]

A small budget can be used for making more money in the long term trading. In the end, it comes the personality of the trader. If he is skilled enough he will be able to make a decent trading strategy.

Yes, traders need to have the skill to grow his balance especially if he only uses a small budget.
I believe that he can do that with a good effort because he has skills to analyze every coin, and he can get the profit in trading.
Soon, he can grow his budget, and he can be able to trade with a big budget, and he will make a big profit too.
As long as he can control himself in trading, there is no worry to reach the big budget.

[Experia]

Trading in lot of exchanges is also depends on what exchanges are you gonna pick because theres a minimum and maximum to trade some to withdraw and deposit.

Some exchanges will never deal with a small amount of money (cryptocurrencies). You can start investing in crypto starting even with $15, but you should accumulate a certain sum to trade.

if a person invest some dollar in trading then they are going to lose something on the fees, therefore it is better if they will go with a huge amount so that if they can trade well then the profits are also well.

[kotajikikox]

Trading with small amount of capital is wasting of timr because you earn also a small profits. Trading with small profits is advisable for the newbies in trading to pratice how to trade professionally.

[LUCKMCFLY]

Trading with small amount of capital is wasting of timr because you earn also a small profits. Trading with small profits is advisable for the newbies in trading to pratice how to trade professionally.

I totally agree with this statement, however for what you request, Bitmex is a great option to go from the small to the macro, if you choose a position with considerable leverage, you can get a juicy profit, this with the risk of that they can liquidate the position if the market goes against what has been bet to leave.

For some novice traders it is very necessary that before they start in real trading, it is good that they are doing tests in Exchange with fictitious money, to test their strategies and be more secure.

The way to trade with little balance and have quick results is that, unless you want to do it in the traditional way and that the gains are small while they are getting higher, leading to what usually happens if you succeed in a good time frame. I consider that for a professional trader, you must take into account that you have to trade with a balance of 1M USD, for me it is a total condition to do it, when I reach that level, I can say with certainty that I am already a professional. But there is still a long way to go.

[perla]

Trading in lot of exchanges is also depends on what exchanges are you gonna pick because theres a minimum and maximum to trade some to withdraw and deposit.

Some exchanges will never deal with a small amount of money (cryptocurrencies). You can start investing in crypto starting even with $15, but you should accumulate a certain sum to trade.

if a person invest some dollar in trading then they are going to lose something on the fees, therefore it is better if they will go with a huge amount so that if they can trade well then the profits are also well.

Maybe OP want to learn first about trading. Even actually what you all said is true, and in some markets, there are minimum amount to trade and we can't trade below it. Maybe if OP want to learn first, look site that have demo trading will be good.

[futureofeth]

Trading in lot of exchanges is also depends on what exchanges are you gonna pick because theres a minimum and maximum to trade some to withdraw and deposit.

Some exchanges will never deal with a small amount of money (cryptocurrencies). You can start investing in crypto starting even with $15, but you should accumulate a certain sum to trade.

if a person invest some dollar in trading then they are going to lose something on the fees, therefore it is better if they will go with a huge amount so that if they can trade well then the profits are also well.

People should understand the small budget will not allow us to make profits through trading because we need to pay more on traction fee. So we should always invest a higher amount into trading because we don't know how much we are going to make but with the higher amount, we should find the best coin in the market because without researching it is impossible for us to make a good profit through trading.

[1BTC EQUALS 1CAR]

Trading with small amount of capital is wasting of timr because you earn also a small profits. Trading with small profits is advisable for the newbies in trading to pratice how to trade professionally.

It depends on how small. If it is  just a dust balance then it is okay to use it as a practice trading but if he can invest $100 and above then it is a good amount to start trading seriously because if you already forgot, some altcoins can jump to 100x when there is a bull run.

[Aivaryamal]

Trading with a very small amount is not worth it, because you will not feel good growth of your capital, at least a minimum amount of $ 100 is necessary for practice!

[neonshium]

Trading with small amount of capital is wasting of timr because you earn also a small profits. Trading with small profits is advisable for the newbies in trading to pratice how to trade professionally.

I think it is not wastage of time because you could make small profits if you have a small capital. Small profits could be enough for someone with small capital but if you sped the same time having a big capital invested in a crypto coin, you would be making much more than what you make with a small capital. And I think you should go for some good capital because pf the bull market guarantee.