Parklane777 (OP)
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December 12, 2023, 07:29:07 PM |
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Hi, i do trading with capital 3$ spot trading no leverage. Im using poloniex for this I have experince over 10 years not actively traded all those years. Going to be interesting I want to see how i will do it in one week 2weeks and month and so after few months. I Im in ADA now with 1$ of my capital 3$
I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
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Tytanowy Janusz
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December 13, 2023, 07:55:41 AM |
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I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
There is no PNL on spot trading pairs because you are not opening/closing position, you are buying coins/tokens. Fliping from one coin to another. Poloniex does not know what's your native currency (USDT, BTC, ADA) so it doesn't know when you actually open/close your position. 3$ is not enough. "The minimum trade amount varies depending on the base trading pair and are as follows: BTC, 0.0001 USD (any), 1 TRX, 100 BNB, 0.06 ETH, 0.0001." https://support.poloniex.com/hc/en-us/articles/360040031373-How-to-TradeSo for some tokens like TRX you will be below the minimum transaction threshold Trading with this mindset is gambling. Trading with $3 on such a illiquid exchange as Poloniex can bring unexpected returns that will be unreliable and mean nothing. For example, I once had a trading bot that did up to 100% a week on providing liquidity on a small exchange. The math shows that I would have made $500 to $30 million in just 4 months, but the truth was that the bot couldn't make more than $500, a week, on average, because the volume was so small.
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rat03gopoh
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December 13, 2023, 08:27:38 AM |
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I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
Just share your PnL screenshot here, you must first upload the image on an image hosting site like imgbb or talkimg.com. Read this tutorial: https://bitcointalk.org/index.php?topic=5297889.0It's okay if your image doesn't appear here, someone with a higher ranking will quote it for you.
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benalexis12
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December 13, 2023, 10:11:29 AM |
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Hi, i do trading with capital 3$ spot trading no leverage. Im using poloniex for this I have experince over 10 years not actively traded all those years. Going to be interesting I want to see how i will do it in one week 2weeks and month and so after few months. I Im in ADA now with 1$ of my capital 3$
I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
3 dollars in spot trading? Are you certain you can trade $3 in crypto assets on a cryptocurrency exchange like Poloniex? According to my knowledge, the minimum trade amount for you to purchase from exchanges is at least $10. Because if you just sell $3, you will be unable to purchase crypto assets on an exchange site in crypto for that amount. Why is that possible on Poloniex, even if cryptocurrency can be purchased for $3?
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Parklane777 (OP)
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December 13, 2023, 10:34:29 AM |
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Hi, i do trading with capital 3$ spot trading no leverage. Im using poloniex for this I have experince over 10 years not actively traded all those years. Going to be interesting I want to see how i will do it in one week 2weeks and month and so after few months. I Im in ADA now with 1$ of my capital 3$
I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
3 dollars in spot trading? Are you certain you can trade $3 in crypto assets on a cryptocurrency exchange like Poloniex? According to my knowledge, the minimum trade amount for you to purchase from exchanges is at least $10. Because if you just sell $3, you will be unable to purchase crypto assets on an exchange site in crypto for that amount. Why is that possible on Poloniex, even if cryptocurrency can be purchased for $3? Minimum market order 1$ about my poloniex account is set on euro currency on default so i have little more than 3$ but it's about 3$ Im in Ada position with 1€ i have bought from yesterday ADA. It's little difficult with so small amount but i'll coumpond and once i'll have funds over 10$ it's getting easy. I see btc 41k price range good to buy altcoins so i did entry yesterday with Ada. I hope i'll have 4-5$ total at the end of the Week If i have done everything right.
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leonair
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December 13, 2023, 10:49:00 AM |
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Hi, i do trading with capital 3$ spot trading no leverage. Im using poloniex for this I have experince over 10 years not actively traded all those years. Going to be interesting I want to see how i will do it in one week 2weeks and month and so after few months. I Im in ADA now with 1$ of my capital 3$
I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
Spot trading with $3 is ridiculous because even if you can make 20% profit from it, it will be only 0.6$ profit. So you cannot earn a big capital by trading with this capital. You can make some profit by gambling with $3 or doing futures training, but you can never get anything good with so little money on the spot. I am not encouraging you to invest high amount. But since you say you have a long experience in trading so I would say increase some amount and then trade then you can earn good profit.
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Assface16678
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December 13, 2023, 09:47:12 PM |
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Hi, i do trading with capital 3$ spot trading no leverage. Im using poloniex for this I have experince over 10 years not actively traded all those years. Going to be interesting I want to see how i will do it in one week 2weeks and month and so after few months. I Im in ADA now with 1$ of my capital 3$
I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
I don't know, I don't want to jinx your goal or your challenge to yourself as you said, but its a good practice challenging yourself with only limited capital, not limited from your capital you have a small liquidiry, which means limited leverage and limited margin of loss, so I think it will ve a bit hard for you to make it grow as you have a low leverage you also have a kow profir, but profit is profit, if you can make it grow then it will show that you are a good trader, if not then still good for experience and also you only have a little amount of loss, anway goodluck I hope you update us on what will happen to your challenge, either good or bad. Some might say that you can't do it or discourage you, but it's a self-challenge, and I see that you want to try yourself, so that's fine.
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Mate2237
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December 13, 2023, 10:09:59 PM |
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Ah! That amount is too small oh. I don't know of the platform you are using to trade but if the trading platforms I know, they will not accept that deposited amount and allow you to trade with it. And the minimum amount to be use in those platforms are $10 to $20. Like deriv which I have been using to trade was taken the minimum amount is $10 and I was using Bitcoin to trade in that platform. And what I will advise is that use that amount and convert to another coin and not Bitcoin but any altcoins that you can use to trade.
Because if you use Bitcoin with that amount then it would not work. They will not allow to trade because of the amount.
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tvplus006
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December 13, 2023, 10:35:37 PM |
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...It's little difficult with so small amount but i'll coumpond and once i'll have funds over 10$ it's getting easy...
You are overconfident about your goal, given the fact that you are a beginner with 10 years of experience. Increasing your deposit by 3 times in the spot market is a difficult task not only for beginners, but also for an experienced trader. So be careful and don't lose your deposit.
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komisariatku
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December 13, 2023, 11:29:51 PM |
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~snip~
Are you serious about trading using capital of only $3? it will just be a waste of time, unless you are learning to trade or testing your strategy. However, $3 is still too little, especially if you trade on the spot market. If you trade in the futures market, it might be better because there is leverage that will help your capital. I don't use poloniex, but as far as I know exchanges usually have minimum limits for crypto purchases and can $3 be used to buy crypto? I think it would be better to increase your capital, maybe around $20 or $30, that's probably much more logical
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poodle63
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December 14, 2023, 12:38:46 AM |
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too low of a capital to start trading your profit will just get eaten by the fee alone, you honestly should be saving more money then start trading not just go with $3 because honestly speaking you are just wasting time with that small amount of money. moreover if you truly want to profit a lot from such small capital your best bet would be just future trading with high leverage but that also more likely gonna cause you to lose money anyway. in short, save more money then start trading not with just $3 to be frank. ...It's little difficult with so small amount but i'll coumpond and once i'll have funds over 10$ it's getting easy...
You are overconfident about your goal, given the fact that you are a beginner with 10 years of experience. Increasing your deposit by 3 times in the spot market is a difficult task not only for beginners, but also for an experienced trader. So be careful and don't lose your deposit. definitely true, some people might think tripling capital is easy but honestly its hard, the many altcoin that increased more than 300% capital are mostly just some random coins. its always really hard to predict which coin are gonna be hitting that much increase and mostly its just all about luck, not to mention its just $3 that we are talking about you should find coin that have really low price to get meaningful profits.
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GreatArkansas
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December 14, 2023, 12:55:02 AM |
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I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
There is no PNL on spot trading pairs because you are not opening/closing position, you are buying coins/tokens. Fliping from one coin to another. Poloniex does not know what's your native currency (USDT, BTC, ADA) so it doesn't know when you actually open/close your position. 3$ is not enough. (....) On some platforms they this PNL but it is for your overall Spot trading account, like a summary. It will be useful of OP will only trade 1 pair and check this PNL. But I believe in poloniex, they can't do it. For OP, I suggest you to try first some demo trading or testnet trading. Some famous and popular centralized do have this, because with $3, most of exchanges don't qualify it as "minimum amount to trade".
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Yamane_Keto
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December 14, 2023, 04:29:58 AM |
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I hope i'll have 4-5$ total at the end of the Week If i have done everything right.
Achieving profits of $3 will bring you high views if you succeed in doing so, especially with an alternative currency pair such as ADA. However, although these experiences seem exciting, we cannot learn from your trading experience as it will remain personal and difficult for others to achieve.
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自信は成功です
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Ojima-ojo
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December 14, 2023, 06:19:22 AM |
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$3 dollars as a trading capital, sounds interesting though, I personally will love to see how that played out in a week, 2 weeks and in a month as you said. But honestly, I think $3 dollars is way too low to start tradin with, and thank goodness that you didn't talk about trading futures, for that money will be gone in a twinkle of an eye, this is if you even find an exchange where one could trade with $3 on futures market, as I know that most exchanges take $10 to $30 as minimum amount one can have before they are able to long or short in a futures market.
Anyways, Goodluck to you, and speaking of how to post your PNL, if you don't or can't find a special way to do it, just take a screenshot and post - Simple? Yeah.
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Pandu Geddon
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December 14, 2023, 06:31:34 AM |
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I Im in ADA now with 1$ of my capital 3$
can you buy ADA on Poloniex for $3? I don't use Poloniex but some exchanges have minimum transaction order limits. but if you can do it, good luck with your trading again. we all would be quite happy to see you update everything in this thread of yours. but with capital of $3-$10, I will usually go to trade memecoin. it's just a fad just to test your luck. Once again I wish you luck.
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bitterguy28
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★Bitvest.io★ Play Plinko or Invest!
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December 14, 2023, 08:10:04 AM |
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Hi, i do trading with capital 3$ spot trading no leverage. Im using poloniex for this I have experince over 10 years not actively traded all those years. Going to be interesting I want to see how i will do it in one week 2weeks and month and so after few months. I Im in ADA now with 1$ of my capital 3$
I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
is this a challenge or experiment ? 3$ as capital isn't a waste of time to follow? though this will influence others to try as well if you showed success from your trading so I may also watch this how to end. please update us from time to time as what are the progress and what will comes from that 3 dollars capital.
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Husires
Legendary
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December 14, 2023, 08:40:14 AM |
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is this a challenge or experiment ? 3$ as capital isn't a waste of time to follow? though this will influence others to try as well if you showed success from your trading so I may also watch this how to end. please update us from time to time as what are the progress and what will comes from that 3 dollars capital.
It's clearly a challenge. I've seen some challenges for $100, $500, and $1,000 and how they turned into $3,000, $5,000 or $10,000, but it's the first time I've heard of a challenge as low as $1. It is difficult to edit posts here after they are published, so the forum is an ideal place to follow progress and ensure that no data will be modified.
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Strongkored
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Vave.com - Crypto Casino
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December 14, 2023, 09:05:32 AM |
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Op has 10 years of experience in trading but started trading with a capital of $3?, I think that's very ridiculous, there's nothing you can get from capital that small except boredom because it turns out your money is growing very slowly, and it's like a waste of time in my opinion, and with such small capital, there are two possibilities: you have limited funds or you are still controlled by the fear of losing money in trading if the fact is the second then it is better not to enter the trading because there is no trader that never loses money due to losses.
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Cookdata
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December 14, 2023, 11:17:35 AM |
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Hi, i do trading with capital 3$ spot trading no leverage. Im using poloniex for this I have experince over 10 years not actively traded all those years. Going to be interesting I want to see how i will do it in one week 2weeks and month and so after few months. I Im in ADA now with 1$ of my capital 3$
I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
I wish you good luck on your trading journey but what is really the purpose of your trading, is it to practice and understand crypto trading or you are doing it for the money? If you are in for some dollars, I'm really sceptical how much you are going to earn after a year. Let's do a quick analysis of your capital, you have a capital of $3 and in other to make $3 from a trade, you need to make at least 100% profit from a single spot trade. How do you intend to be making this from trades? I think one of the reasons why you were able to make such was because ADA pumped some days ago and that is why you were able to make a $1 profit else I don't see how you plan to make such a profit from the market. You can see your PNL from your wallet, they have it in spot and Funding wallet on most exchanges like Binance and Kucoin, you can preview your profits and losses on a daily, weekly and monthly based on your Exchange but I'm not sure if Polonix exchange has such because I have never used their exchange. There is no PNL on spot trading pairs because you are not opening/closing position, you are buying coins/tokens.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F12%2F14%2FEkRyw.jpeg&t=665&c=6DTEufUAeHFAyQ) PNL simply means Profits and Loss, some exchanges have it to track the history of profits and loss from the wallet balance, a loss and profit from spot trades will show in the wallet PNL. Exchanges like Binance and Kucoin have it where you can see everything from the chart.
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Parklane777 (OP)
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December 14, 2023, 12:50:27 PM |
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Hi, i do trading with capital 3$ spot trading no leverage. Im using poloniex for this I have experince over 10 years not actively traded all those years. Going to be interesting I want to see how i will do it in one week 2weeks and month and so after few months. I Im in ADA now with 1$ of my capital 3$
I have STARTED now today - anyone knows how to get my poloniex PNL ? So i can show here my PNL
I wish you good luck on your trading journey but what is really the purpose of your trading, is it to practice and understand crypto trading or you are doing it for the money? If you are in for some dollars, I'm really sceptical how much you are going to earn after a year. Let's do a quick analysis of your capital, you have a capital of $3 and in other to make $3 from a trade, you need to make at least 100% profit from a single spot trade. How do you intend to be making this from trades? I think one of the reasons why you were able to make such was because ADA pumped some days ago and that is why you were able to make a $1 profit else I don't see how you plan to make such a profit from the market. You can see your PNL from your wallet, they have it in spot and Funding wallet on most exchanges like Binance and Kucoin, you can preview your profits and losses on a daily, weekly and monthly based on your Exchange but I'm not sure if Polonix exchange has such because I have never used their exchange. There is no PNL on spot trading pairs because you are not opening/closing position, you are buying coins/tokens.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F12%2F14%2FEkRyw.jpeg&t=665&c=6DTEufUAeHFAyQ) PNL simply means Profits and Loss, some exchanges have it to track the history of profits and loss from the wallet balance, a loss and profit from spot trades will show in the wallet PNL. Exchanges like Binance and Kucoin have it where you can see everything from the chart. Im now about 1,20$ and Im expecting it to go up i'll sell i might sell all or leave 10%-20% Ada or i might pick the another coin for this. No matter what are Market conditions i'll try to keep buying daily with 1%-2% since it's difficult now but i'll grow it more then i can Do it.
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