1$ per day crypto investment plan any good ?

[Aliem Nur]

Is 1$ investment in crypto every day enough? I'm making up to 10$ per day and I don't want something that will tie me down financially since I have other things I'm using the money for aka responsibilities so all I can afford is 1$ per day, also is BTC the best option with this 1$ per day?

if you earn $ 10 per day obviously that's a good thing because you can get $ 300 every month,
and in my opinion it's better if you use $ 300 to invest in each altcoin and then hold it until 2025,
I'm sure you can get multiple results if you do.

[carlfebz2]

Investing $1 in crypto every day is better than not investing at all, but it may not be enough to achieve your financial goals. It depends on how much you want to earn and how long you are willing to wait. One strategy that can help you reduce the risk of market volatility and average out your buy-in cost is dollar-cost averaging (DCA).

if you count $ 1 per day then you can earn $ 30 to $ 31 a month of course this is very small capital if you want to invest in crypto currency,
but it's up to you I can only recommend investing a minimum of $ 300 because you can get good results if you buy potential altcoins and hold until bullish time arrives.

$300 is useless if it not comes from your heart, if you are just forced to invest that amount then meaning of that is that you cant afford to lose it. In investing it doesn't matter how big or small your investment is as long as that is only you can afford and also that $1 is only what he can afford so we cant forced everyone. I would say that it is not big but still it will accumulate overtime and still it will be getting bigger and for sure OP will realize sooner that it isn't enough if he is expecting some bigger profit out of it

Trading does not have a minimum, it all depends on the ability of the trader himself,
if a trader can only trade with $ 1 per day then go ahead, but indeed the profit we will get is also proportional to our capital.

And something that you should really be that realistic when it comes to your goals and targets on which it would really be basing up on the amount on where you are starting or accumulating. Be realistic and able to reach out those goals on gradual manner. Dont make yourself that impatient when it comes to things on which it wouldnt really be that something simple to be done or be controlled but if you are really that wary about your actions and you are really that serious on acquiring those things then it would really be up to your choice. $1 accumulation on day to day basis wouldnt really be that bad.
Its true that each person does have different capacity when it comes to financial matter.

The key on here is that you should only invest on the amount which you can afford to lose.If you could only allocate a buck a day then its your choice but of course dont expect for something big in return
because it wouldnt really be still that significant even if the market would really be shooting up.It would really be your choice when it comes to this one.

[AakZaki]

if you earn $ 10 per day obviously that's a good thing because you can get $ 300 every month,
and in my opinion it's better if you use $ 300 to invest in each altcoin and then hold it until 2025,
I'm sure you can get multiple results if you do.

It's easy to say and calculate how much profit one will get. But in reality all of that will be hindered by some conditions that we don't want. Like a sudden market crash and too early buying. although only $ 10 is not easy to consistently earn $ 10 every day. The market is constantly changing and you have to know what to do. If you become a trader, you really have to know how to read technical and fundamental crypto market conditions.

[Inwestour]

if you earn $ 10 per day obviously that's a good thing because you can get $ 300 every month,
and in my opinion it's better if you use $ 300 to invest in each altcoin and then hold it until 2025,
I'm sure you can get multiple results if you do.

$300 is the amount that the OP will earn in a month, but he also needs to pay for his needs, which means that at the end he will not have much money left to invest.

And the advice to buy altcoins looks very doubtful. Do you know how many altcoins there are, which of them should be bought first? Obviously, some of the altcoins will not even survive until 2025, some will turn out to be a scam, this happens all the time. For an inexperienced person, Bitcoin remains the best option, but for a good result, you need to increase the amount of investment, because $ 30 per month is very little.

[JayTrain]

Investing $1 per day in crypto can be a good starting point, especially if you have other financial responsibilities. It's a consistent approach that can help you accumulate assets over time. While Bitcoin (BTC) is a popular choice, it may not be the most practical option given its current high price. You might consider exploring alternative cryptocurrencies with lower prices that have potential for growth. Remember to research and diversify your investments to manage risk effectively.

[kesmex]

if you earn $ 10 per day obviously that's a good thing because you can get $ 300 every month,
and in my opinion it's better if you use $ 300 to invest in each altcoin and then hold it until 2025,
I'm sure you can get multiple results if you do.

It's easy to say and calculate how much profit one will get. But in reality all of that will be hindered by some conditions that we don't want. Like a sudden market crash and too early buying. although only $ 10 is not easy to consistently earn $ 10 every day. The market is constantly changing and you have to know what to do. If you become a trader, you really have to know how to read technical and fundamental crypto market conditions.

expectations usually don't match reality, my experience is like that I have also traded every day using $ 20,
and indeed not all of them can work and I can even lose $ 5 or $ 10 every time I trade, but by learn TA maybe this risk can be minimized.
Of course, you can also learn from the bad experiences you get when trading, because that can make you success.

[lunnatic]

there is no limit to investing in crypto currency even though with only $ 1 you can buy altcoins that have prices that have 1 or 3 digits,
for example Alchemy Pay, Nervos Network, Shiba Inu, Doge, Pepe, and several other altcoins,
by investing with $1 every day and you persevere I believe in 2024 or 2025 your $1 could be $1000.

[Patrol69]

If you can invest one dollar per day then at the end of the month your investment will be like 30 dollars and at the end of the year your investment will be like 360 dollars. I think if you can continue this trend of investing, investing a dollar every day can be a good investment method. You plan to invest at least one dollar every day, when you have more money you can invest more than one dollar no problem. But you have to continue investing in this way for a long time because if you invest one dollar for a few days, if you stop this investment method, you will see that your investment amount is very small. So if you are planning to do this then try to do it for a long time.

[petulino]

Investing $1 per day is a good investment plan under DCA which can ensure that you cut lost over time, it is also very important that if the opportunity to invest more than that occurs within a day when the market go bearish it's not a bad idea to invest higher, but using DCA has been one of the best means to posses or buy bitcoin over time as long as you have the intention to hold the coins for a while before selling.

I appreciate your point, but I think if a dollar investment is made in Bitcoin on a daily basis, there is no significant profits are seen in near future . This advice can be given to a child or if a child invests a dollar a day in Bitcoin it can be a good investment for him, but I wouldn't advise any responsible person to invest a dollar in Bitcoin on a daily basis.


I think if one dollar investment is done on a daily basis in some low value token instead of Bitcoin, the result can be much better, but the condition is that your choice is right.

Bitcoin is a reliable and safe crypto currency, because its current value is too high and it has a very low rate of return for small investors. Risk in altcoins is high but if your selection is right and the project is successful then the profit rate is very high.

[DanWalker]

If you can invest one dollar per day then at the end of the month your investment will be like 30 dollars and at the end of the year your investment will be like 360 dollars. I think if you can continue this trend of investing, investing a dollar every day can be a good investment method. You plan to invest at least one dollar every day, when you have more money you can invest more than one dollar no problem. But you have to continue investing in this way for a long time because if you invest one dollar for a few days, if you stop this investment method, you will see that your investment amount is very small. So if you are planning to do this then try to do it for a long time.

I think it depends on how we invest, I mean, if we save $1 a day in the piggy bank and a year, we have $360. Then we're going to invest $360 in bitcoin, and for that money, it sounds like a very promising investment and worth looking forward to. But if we save $10 or $30 and buy bitcoin with that meager amount, it's easy to get discouraged and give up. Investing with too little money can easily shake our psyche because human nature is greedy, always wanting things quickly, especially regarding money and profits.

[AakZaki]

expectations usually don't match reality, my experience is like that I have also traded every day using $ 20,
and indeed not all of them can work and I can even lose $ 5 or $ 10 every time I trade, but by learn TA maybe this risk can be minimized.
Of course, you can also learn from the bad experiences you get when trading, because that can make you success.

It will be an experience that will make you learn how to become a trader who can take advantage of every condition. Loss is common, but don't get used to it. Trying to get an advantage in every condition must be done and that can be done by studying TA and FA. It's not easy, but if you get used to it everything will go according to plan.

[Awaklara]

there is no limit to investing in crypto currency even though with only $ 1 you can buy altcoins that have prices that have 1 or 3 digits,
for example Alchemy Pay, Nervos Network, Shiba Inu, Doge, Pepe, and several other altcoins,
by investing with $1 every day and you persevere I believe in 2024 or 2025 your $1 could be $1000.

What are you talking about? If you trade with $1 it will only be spent on gas fees. even centralized exchanges also make trades of a certain value, such as $10.
so anyone who wants to buy Bitcoin or other assets must save their money first to be collected until the value is enough to make a purchase.
if the ability to save $ 1 every day or every week. then do it consistently with purchases of a certain value. it will probably take longer. but if you want to invest then do it consistently.

[phantailaptopbl]

there is no limit to investing in crypto currency even though with only $ 1 you can buy altcoins that have prices that have 1 or 3 digits,
for example Alchemy Pay, Nervos Network, Shiba Inu, Doge, Pepe, and several other altcoins,
by investing with $1 every day and you persevere I believe in 2024 or 2025 your $1 could be $1000.

What are you talking about? If you trade with $1 it will only be spent on gas fees. even centralized exchanges also make trades of a certain value, such as $10.
so anyone who wants to buy Bitcoin or other assets must save their money first to be collected until the value is enough to make a purchase.
if the ability to save $ 1 every day or every week. then do it consistently with purchases of a certain value. it will probably take longer. but if you want to invest then do it consistently.

Invest 1 dollar per days  if u can in the end of month yours saving will be 30 dollars and end the year your investment will be 360 dollars and if u continue to invest in this package an daily invest of 1 dollar is very good investment scheme i think so , Your planned to invest 1 dollar per day at the time you having lot of money you will much more money per day and main thing in this is scheme is continue more days then only you will get good profit .

[JeffBrad12]

many kept saying altcoins are good investment nowadays, certain coins are indeed good for investment but after todays correction, i'd say accumulating bitcoin might be good idea.
just seeing from the other perspective, right now the price of bitcoin easily shaking due to the fact that there are fuds everywhere, and after that it was followed by some recovery.

i think it's good idea to take advantage of this fuds to accumulate bitcoin since it seems this coin are largely undervalued which means chance of recovery rises significantly.
moreover I think that in the long run, holding bitcoin will be advantageous with the fact that if the coin is already corrected far enough, the only way is to go up from here.

[Latviand]

Investing $1 per day is a good investment plan under DCA which can ensure that you cut lost over time, it is also very important that if the opportunity to invest more than that occurs within a day when the market go bearish it's not a bad idea to invest higher, but using DCA has been one of the best means to posses or buy bitcoin over time as long as you have the intention to hold the coins for a while before selling.

Now that I have a stable job, that's what I actually do although I am not putting money daily, more like I split my salary and have around 25% of it put into crypto or 50% if I see that the market is bearish, it may sound big to you but I don't have any big responsibilities yet so I can afford to do this.

[Bitcoin_people]

Investing $1 in crypto every day is better than not investing at all, but it may not be enough to achieve your financial goals. It depends on how much you want to earn and how long you are willing to wait. One strategy that can help you reduce the risk of market volatility and average out your buy-in cost is dollar-cost averaging (DCA).

if you count $ 1 per day then you can earn $ 30 to $ 31 a month of course this is very small capital if you want to invest in crypto currency,
but it's up to you I can only recommend investing a minimum of $ 300 because you can get good results if you buy potential altcoins and hold until bullish time arrives.

$300 is useless if it not comes from your heart, if you are just forced to invest that amount then meaning of that is that you cant afford to lose it. In investing it doesn't matter how big or small your investment is as long as that is only you can afford and also that $1 is only what he can afford so we cant forced everyone. I would say that it is not big but still it will accumulate overtime and still it will be getting bigger and for sure OP will realize sooner that it isn't enough if he is expecting some bigger profit out of it

Trading does not have a minimum, it all depends on the ability of the trader himself,
if a trader can only trade with $ 1 per day then go ahead, but indeed the profit we will get is also proportional to our capital.

A trader depends on his money for trading and it is always required to make his profit. If a person starts trading his crypto with $10 per day, he can earn $1 profit. If he has good knowledge and skills about the market position, then profit can be made. But if a person does not know the details about trading they can never trade and make profit. So basically those who do not understand well for investment, if they trade, they can be at risk.

[xSkylarx]

Investing $1 in crypto every day is better than not investing at all, but it may not be enough to achieve your financial goals. It depends on how much you want to earn and how long you are willing to wait. One strategy that can help you reduce the risk of market volatility and average out your buy-in cost is dollar-cost averaging (DCA).

if you count $ 1 per day then you can earn $ 30 to $ 31 a month of course this is very small capital if you want to invest in crypto currency,
but it's up to you I can only recommend investing a minimum of $ 300 because you can get good results if you buy potential altcoins and hold until bullish time arrives.

$300 is useless if it not comes from your heart, if you are just forced to invest that amount then meaning of that is that you cant afford to lose it. In investing it doesn't matter how big or small your investment is as long as that is only you can afford and also that $1 is only what he can afford so we cant forced everyone. I would say that it is not big but still it will accumulate overtime and still it will be getting bigger and for sure OP will realize sooner that it isn't enough if he is expecting some bigger profit out of it

Trading does not have a minimum, it all depends on the ability of the trader himself,
if a trader can only trade with $ 1 per day then go ahead, but indeed the profit we will get is also proportional to our capital.

but it is a lower profit that we get. Yes,  trading does not have a minimum, but because of the fees, it is better to save those $1 per day and deposit it in a month and start trading. The problem with low budget trading is that you can't really do risk management, meaning you don't have enough money to have a stop loss on it in case the market goes against you in your trade, and the problem with this is that you can easily close off your trade because you put the SL near your entry because you don't have enough capital.

[savetheFORUM]

there is no limit to investing in crypto currency even though with only $ 1 you can buy altcoins that have prices that have 1 or 3 digits,
for example Alchemy Pay, Nervos Network, Shiba Inu, Doge, Pepe, and several other altcoins,
by investing with $1 every day and you persevere I believe in 2024 or 2025 your $1 could be $1000.

What are you talking about? If you trade with $1 it will only be spent on gas fees. even centralized exchanges also make trades of a certain value, such as $10.
so anyone who wants to buy Bitcoin or other assets must save their money first to be collected until the value is enough to make a purchase.
if the ability to save $ 1 every day or every week. then do it consistently with purchases of a certain value. it will probably take longer. but if you want to invest then do it consistently.

I was about to say the same thing. Not sure if he forgot it or he is only referring about investing itself and the fees are still not concluded with it. If so then he is right. The main concept of cryptos are decentralization and we are free to do what we want. These centralized platforms, are only being introduced later on and they have created their own set of rules, including if how high or how low a customer can buy a crypto.

BTW mate, the OP is talking about investing not trading. Trading has more fees and we need to pay a fee each time we do a trade so obviously a 1 dollar capital is going to be useless. Even 5 or 10 will still be complicated to make enough money in trading. Investing can be done immediately but if we think the money is too little, we can save it first.

[Mauser]

Is 1$ investment in crypto every day enough? I'm making up to 10$ per day and I don't want something that will tie me down financially since I have other things I'm using the money for aka responsibilities so all I can afford is 1$ per day, also is BTC the best option with this 1$ per day?

Buying Bitcoins continuously is a good idea, just the time frame to buy coins every day seems like too much work and too expensive in my opinion. A more practical approach would be to buy coins over longer periods of time, like every 2 weeks or once per months. Using 10% of your income is a great number, as long as you actually can afford it. Don’t use any money for investing that you need in a short period of time. In case there are some expenses coming up where you need the money again I would advice against investing it in Bitcoins. There is a lot of volatility in the crypto market and being forced to sell at unfavourable prices can lead to big losses. So instead of buying daily 1$ I would recommend to buy 30$ worth of bitcoins every month. The transaction fees are quite high at the moment, it’s better to make less transfers as you always need to send the coins your bought to your wallet. Don’t leave all your money at the exchange, the risk to lose it in case of a security breach is too high.

[nlovric]

OP, Considering your present earnings of up to $10 each day investing $1 in cryptocurrency per day can be a decent place to start. It is crucial to keep in mind your financial obligations and avoid overextending yourself. Despite the fact that $1 a day can seem insignificant regular investments over time can build up. Your investing objectives and risk tolerance will determine whether BTC is the best choice. Although BTC has previously demonstrated growth potential it is vital to keep in mind that the cryptocurrency market can be unpredictable. To locate cryptocurrency possibilities that fit your financial goals think about diversifying your assets and looking into various types of digital currencies. Keep in mind that investing always entails some level of risk so it is crucial to conduct careful research and make judgements based on your unique situation.