Trading with small budget

[Tungsten-1]

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

Basically, trading with such minimal amount will never encourage you as a trader, more also such minimal amount will be swallow up by the exchange. Will advise you to trade with at least $30, which after everything you will still have reasonable balance at the end if you trade get lost in the process.

You are right to some extent that for trading we will have to spend money that we can be fair and confident about its growth, but if you are not affordable such amount we can invest our small capital as I have heard there is no limit of money to start trading we can start with small budget at bearish market but we will have to trade for long term so that market can experience bull again.

[rachellee]

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 don't think this is feasible, no matter how resourceful and skilled you are. With this small amount, the trading fee will only eat up your capital, even if BTC goes higher, 'coz you know, evertime BTC goes up, blockchain fees goes up as well, and so transaction fees. Honestly speaking, even with $20, you'll hardly make a profit, unless you are really that skillfull in trading. Be practical. Only the trading platforms and exchanges will gain from you. A $50 start-up is not bad at all.

[Ipwich]

Trade with a small budget and want to trade BTC/USD? it's hard to find a market at a lower fee.
because I don't have much information about the bitcoin market that uses low fee, so I have a choice but maybe you don't like it. try choose/trading in binary, there you will find low fee trading.

Trading on major coins is not advisable, also only few traders would like a long journey to increase their capital, they have big goal with their small capital.
It's alright to trade with small capital if you have long term plans, actually if you are getting consistent and you are seeing yourself profitable, that small capital of yours will eventually increase and you can find ways like borrowing money to increase your capital, of course that's risky but since you have develop a skills in trading, it's worth taking the risk now.

[ufaiz50]

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

 

Exchanges that have the popularity of middle and lower might, I myself prefer an exchange that has a large community, because traders need fast transaction volumes in the market. etherdelta / forkdelta it seems the fee is under $1. I didn't pay much attention to the fees on the small exchanger but as far as I know they set a fee of 0.01% -0.1% and the amount of trades seems to be more than 0.01 ETH

[Astvile]

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

 

Your only hope on trading with 1 dollar on 1 dollar move is by using leverage.If you want to trade BTC to USD with1 dollar it would be impossible cause trading fees and minimum amount on trade wont let you win with that very very small amount

[redsun114]

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

 

Do you really want to trade with such smaller amounts like $1? There always is much higher fees that the total amount which needs to be paid for the exchange as well as the withdrawal so I a glance you might lose your profits as well as your capital. If you are not sure about your trading skills then you should try paper trading instead of really putting your money into buying some small amount of coins.

You should write down on a paper all you want to trade and see if your expectations are coming real. Once you gain much more knowledge about trading then you can start investing some funds which would also cover your transaction fees.

[KennyR]

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.

Maybe in terms of transaction cost we might be losing some funds, but when we go for large scale investment what we loss is big when market isn't same as we predict. Trading with small budget is truly the best who doesn't afford to loss in my view, whether it is large scale or small funds we can earn some profit if we can hold the assets for some time period.

[SirLancelot]

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

 

Don’t really know, cause I have never invested a low amount as that before. But one thing for sure is that if you want to make a good profit from trading cryptocurrency you will have to invest like about $1000. If you’re trading $1 you will just be wasting your life on there. Sorry to say that, but it is the truth. If you don’t have money to trade, then I will advise you not to try trading, just go for something else.

[Experia]

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

 

Don’t really know, cause I have never invested a low amount as that before. But one thing for sure is that if you want to make a good profit from trading cryptocurrency you will have to invest like about $1000. If you’re trading $1 you will just be wasting your life on there. Sorry to say that, but it is the truth. If you don’t have money to trade, then I will advise you not to try trading, just go for something else.

when doing a trade, the much capital you put the much profit you will get, but in that case trading with a very small amount that is true it is just a waste of time it is just a fee for every trade you will made.

[Cosbycoin]

There is no worry about trading with a small budget because I was already done that before. You need to learn more about trading so you can increase your funds and use it for trade. I am sure that everybody can do that, but there is a requirement to be able to make a profit which is learning more about trading itself. When you can increase your balance, it means you can have double or even triple balance so you can make a bigger profit.

it's true that to trade everyone can do it but to be able to get profits it might have to have expertise and certainly require very high patience because the key is only with your patience not to be easily affected by cryptocurrency prices at the exchange when the coin price falls.

Trading can actually be explained much easily. It just involves buying a coin at the price of dip where the sell orders are exceeding and to sell off those coins when the price for the coin reaches a limit. This seems easy to hear but a lot of skills are been required to carry out this. Also after an individual buy the coins, he should wear patience even if the markets go down.

Panic sell should be avoided each time to be safe from unnecessary loss. Always try to trust the coin you invested into and be calm and forget about the coin you invested into. After a certain interval, once the markets are up, go and check the value for your invested coins and you would be amazed seeing high profits.

[dmty.0809]

Too little for investment capital, if you are serious at least invest at least $ 100, you can feel a fair profit and not waste much of your time.

[Polar91]

If you dont have enough money to start trading i recommend you to collect your money for a few months and then start.During this time you can trade on demo platforms and gain some experience so that when you start trading with real money you will know how eveything works and make profit faster.

This is not always necessary as trading with real account is really different from demo account. Also, you shouldn't just jump into trading with real account with all your money that you saved in few months as it will cost you losing your money. Better to start with small amount with your real account after you learned trading with a demo account.

[bitbunnny]

Bitcoin is one of the rare investment type where there is no lower or upper investment limit. That gives investor a complete freedom to decide how much is he willing to invest. To my opinion that is one the biggest advantages.
Trading with very small amounts is good when you are learning or testing the market but if you want achieve some real results and at least some profit you have to enlarge the sum and get the real feeling of trading.

[dameh2100]

You can start with a small budget, but $1 is not enough, its only for the fees for depositing and withrawal of your funds. If you are planning to trade in small amout, make sure you have a knowledge atleast you know the fundamental of basic trading to avoid losses of your small capital. Goodluck mate!  

[akela04]

You have to determine how much you are willing to invest in trading. You can try to start to invest 50\100$ and see what happens. But the main thing you need to practice on a demo account,and then think about real investments.

[bonker]

Crypto trading is for everyone there is no minimum amount required just start trading as much as money you have.If you don't have any money to start trading do bounty hunting then use as capital to stat trading.

[radjie]

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

 

Your only hope on trading with 1 dollar on 1 dollar move is by using leverage.If you want to trade BTC to USD with1 dollar it would be impossible cause trading fees and minimum amount on trade wont let you win with that very very small amount

almost most exchange markets have higher fees for issuing withdrawal or trade costs. if I put in around $ 1 to do the trade I think it is quite difficult to develop the capital that we have spent even the minimum cost to buy one coin cannot be done, maybe op can add a little capital to put money into it for about $ 5 to be able to trade

[futile-resistance]

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

 

Your only hope on trading with 1 dollar on 1 dollar move is by using leverage.If you want to trade BTC to USD with1 dollar it would be impossible cause trading fees and minimum amount on trade wont let you win with that very very small amount

Crypto trading will need you put your money by buying its offerings which depends upon the minimum cost that make you able to get profit. You are required to use that minimum amount for a specific coin or offerings with which you should start trading. In case of very small amount, we know that exchange has also exchange rate and you have to bear that. For safe and profitable trading, it is advised to use normal amount according to the price of whatever you are looking at.

[geegaw]

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

 

Your only hope on trading with 1 dollar on 1 dollar move is by using leverage.If you want to trade BTC to USD with1 dollar it would be impossible cause trading fees and minimum amount on trade wont let you win with that very very small amount

almost most exchange markets have higher fees for issuing withdrawal or trade costs. if I put in around $ 1 to do the trade I think it is quite difficult to develop the capital that we have spent even the minimum cost to buy one coin cannot be done, maybe op can add a little capital to put money into it for about $ 5 to be able to trade

Indeed, the costs around the transaction and withdrawal process are always higher than 1$, therefore, with such a small budget, this is just a difficult challenge for investors or traders, more precisely, this guy is not really serious about trading. Instead of continuing to follow his idea, we should encourage him to put more money into trading, a few dollars is not enough, at least $100, it is not too big, if we are smart enough, we will very quickly get the next $100

[senyorito123]

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

 

Your only hope on trading with 1 dollar on 1 dollar move is by using leverage.If you want to trade BTC to USD with1 dollar it would be impossible cause trading fees and minimum amount on trade wont let you win with that very very small amount

almost most exchange markets have higher fees for issuing withdrawal or trade costs. if I put in around $ 1 to do the trade I think it is quite difficult to develop the capital that we have spent even the minimum cost to buy one coin cannot be done, maybe op can add a little capital to put money into it for about $ 5 to be able to trade

Indeed, the costs around the transaction and withdrawal process are always higher than 1$, therefore, with such a small budget, this is just a difficult challenge for investors or traders, more precisely, this guy is not really serious about trading. Instead of continuing to follow his idea, we should encourage him to put more money into trading, a few dollars is not enough, at least $100, it is not too big, if we are smart enough, we will very quickly get the next $100

It's not necessary to invest a whole lot of money to make a profit. Trading does not always require a lot of financial means. It can be very interesting to start trading on a small budget, it needs time to learn a lot. Trading with a small amount of money requires a certain level of preparation. Before you start trading with a small amount of money, it’s important that you set clear goals. It's important to have long-term goals since the exchange is volatile. It can also be very beneficial to open up multiple positions with small money to spread the risk and widen the portfolio for more potential profit.