Trading with small budget

[St4yInTh3D4rk]

Smaller values too can be of huge cause because as we know the cryptocurrency markets are in demand which will only make them go upwards in the future.

Even investing a single dollar can make huge changes ahead as even single satoshi can be much valuable ahead. Peoples who newly start into trading won’t go for higher amounts as soon as they start so there surely might be a number of exchanges supporting lower volumes.

But it is not possible for them to withdraw that $1 amout of crypto currencies because as far as I know most of the exchanges have withdrawal fee of about 0.0005 BTC or above.THey can hope that their coin will have so much value from now but for that they need to keep them in a wallet not on exchanges.

[miningguru]

Of course, you can trade with a small budget but profit from your trading will also be the small budget. So it is always good to do some higher investment if you have a very good experience of trading. Always focus on potential coins whether you invest a higher or small amount, your investment will also increase in the same way.

[wuvdoll]

I think the best course of action for someone with smaller budget than needed would be to find a way to "earn" money instead of just investing. There are plenty of ways to earn money in bitcoin and specially in bitcointalk.

If you look around you can see the faucets, you can see signature campaigns, you can see promotions and bonuses, you can see competitions, you can see bounty hunting. Basically there are a lot of ways you can just use your spare time and effort and make money from bitcoin instead of trying to trade with a low budget.

As soon as you earn enough from those things you can put that into an exchange and start researching the prices of coins and see what their trends are, just to give and example 3500-4200 levels in bitcoin and search for other coins and their trends and trade between those numbers.

[ongkok87]

to trade with a small budget that could be because what is needed is like where we can get big profits with our small initial capital. so we also have to be smart in choosing good coins to trade

[Altero]

to trade with a small budget that could be because what is needed is like where we can get big profits with our small initial capital. so we also have to be smart in choosing good coins to trade

It is not easy make gains using few bucks only as our capital to start. If we are aiming for big returns, it definitely we need enough money to start and isn't that wise to start will small amount not unless we are a beginners. It takes years before we achieve our goals if we only have just amount and better not to expect more unless you have increase your capital.

[Ucy]

It is possible to trade with small amount of money. It worked for me while I was a new trader. It can still work now but I am not sure about trading with a dollar though . Trading fee alone could invalidate the transaction.  Some exchanges also require a minimum amount to trade with.

[mersal]

If you are treating with your small budget you can also get the profit frequently by investing and the perfect currency and had experience also been an important things here to choose the best exchanges for trading because if you don't have any experience definitely it will be quite difficult to understand the situation.

[creeps]

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

 

Too much low capital for trading, and for sure you will gain nothing on this one. If you are serious on trading, you have to get a good and more realistic capital. $100 can be a good starting capital, if you don’t have it right now then make ways to earn that first and trade if you already have this. In trading sometimes fees are making your money loss on most cases so I don’t think $1 can trade continuously on a well known exchange.

[blackhawkeye1912]

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 are planning to trade with a small budget, I think its not an effective way to do it and it won't work. Because it will gonna eat it through transaction charge. So better to trade with a moderation budget capital, in my opinion only.

[bison]

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 are planning to trade with a small budget, I think its not an effective way to do it and it won't work. Because it will gonna eat it through transaction charge. So better to trade with a moderation budget capital, in my opinion only.

I think there is nothing wrong if you start by investing with a small amount of capital to study and your experience, when you can already know how to trade well and correctly then you can increase your capital.

[rodel caling]

Nope. Anyway, don't trade with a small budget. commissions will eat away your earnings from winning trades- if you manage to get any.

Thats right tradung with small budget are wasting time we know here ib trading have a mnimal risk we need gamble. But the idea starting very small amount to inter into trading the money of your are getting with nothing because all are going in TF.

[XbladedThanos]

Just watch out because at the end of the day you would be scrambling your brain for the gain of the exchange and little benefit for you just wait till you have enough like 100bucks and then start trading simple

[Reid]

Wow, I think that is the highest level of being a spender. 
1 dollar? Cmon man! That is way too low. And what number of profits is in your mind? $1000 or more? 

You will just be wasting time for the fees inside the exchange which is like .02 or .025 of your total trade. Then there are some exchange who are charging for deposit fees.
I think it is possible for there are so much dusty tokens by now but where would that go afterwards? You cannot just keep on doing that for you will be wasting a lot of time.

[aervin11]

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 wanted to scalp your way thru, I highly recommend that you use a high volume exchange, usually trading fees are only 0.1% not per dollar so it could vary on every trade depending on how much you would trade. To mention, if you are trading only a dollar, you need 100% gain to gain another dollar, if it good for learning but can't pay your time

[lablab03]

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

 

you must have at least 20$ bro if you are planning to trade because one dollar is not enough especially for fees in order to send money to any exchanges . However If you searching an exchange just to practice your skills only i suggest to play on some  exhange site that offer free trial wherein no need to spend money.

[iMark]

Smaller values too can be of huge cause because as we know the cryptocurrency markets are in demand which will only make them go upwards in the future.

Even investing a single dollar can make huge changes ahead as even single satoshi can be much valuable ahead. Peoples who newly start into trading won’t go for higher amounts as soon as they start so there surely might be a number of exchanges supporting lower volumes.

But it is not possible for them to withdraw that $1 amout of crypto currencies because as far as I know most of the exchanges have withdrawal fee of about 0.0005 BTC or above.THey can hope that their coin will have so much value from now but for that they need to keep them in a wallet not on exchanges.

I don't think that means that you can trade with $1 lol. its mean that how much your capital you can get rich if you want to try hard and want to learn to continue to hone your skills in trading. remember that all successful people start from zero or small capital

[richcorner100]

If you want to get profit $1 from increasing price action of Bitcoin each $1 you need trading balance the same like price of Bitcoin, for now the price of Bitcoin is $3900 so you need to have trading balance that amount. But you can make higher profit only from margin trading but the risk also will be higher.

[Thanasis]

If you want to get profit $1 from increasing price action of Bitcoin each $1 you need trading balance the same like price of Bitcoin, for now the price of Bitcoin is $3900 so you need to have trading balance that amount. But you can make higher profit only from margin trading but the risk also will be higher.

Is that what he had asked for? If he want to start with small budget then he may not afford to buy one bitcoin so he need to start trading with cheap coins but still even need capital of $200 or more to make profits after the withdrawal fee.

[omonuyak]

If you want to get profit $1 from increasing price action of Bitcoin each $1 you need trading balance the same like price of Bitcoin, for now the price of Bitcoin is $3900 so you need to have trading balance that amount. But you can make higher profit only from margin trading but the risk also will be higher.

That is truth and I hope most traders understand this.  The risk of margin trade is very high and it is good we should learn how it works before investing in that direction.

[avarnet]

most of the trade here is from small capital first because it can be used as experimental material or training so that in the future it can run well. so even without big capital we can get a big income while we want to try