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Author Topic: Hi i do Challenge to start from today with capital 3$ trading  (Read 371 times)
Parklane777 (OP)
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December 14, 2023, 06:12:56 PM
 #21

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.


Im in with 2$ now ...once i have got capital of 10$+ i'll get the second coin aswell for this and after i got capital 20$+ i'll take one more coin so until i have 5-7 coins and everytime they reach high i'll sell 90% of them.
That method works with 5 coins best
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South Park
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December 14, 2023, 07:16:02 PM
 #22

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.
We often recommend to people to use a small amount of money to familiarize themselves with a platform and to test their strategy and verify if it actually works, so it is likely this is what the OP is doing as even if the profits which could be generated with that amount of money are low, they can serve as a proof of concept, so if you could earn for example 40% in a single year with your strategy then the only thing left for you will be to increase your capital until that 40% finally becomes a significant amount of money.

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December 14, 2023, 08:04:23 PM
 #23

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
Will the orders even allow you to place an order with $3 as your capital? Binance says $10 for the minimum amount and let's say that poloniex allows that.
What's going to be your profit with that? I know that everyone can start as little as they can be but this challenge is so hard at all to pass. But if this is just for the sake of content and satisfaction then, I'd wish you nothing but good luck with this because even I do this as a challenge, I think that I won't make it far.



 

 

 

 

 

 


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December 14, 2023, 09:12:32 PM
 #24

Will the orders even allow you to place an order with $3 as your capital? Binance says $10 for the minimum amount and let's say that poloniex allows that.
What's going to be your profit with that? I know that everyone can start as little as they can be but this challenge is so hard at all to pass. But if this is just for the sake of content and satisfaction then, I'd wish you nothing but good luck with this because even I do this as a challenge, I think that I won't make it far.
Making it far comes with a price to be paid. Satisfaction is basically for all trader, who will reportedly earn from the system without undergoing exact problematic sectors and challenges. Opening a trade with $3? I assumed it will be one of these exchanges that does the unthinkable and provide slimed features for the main objective to persuade customers to partner with their exchange. Most of these crypto exchanges doesn't last long in the system because they can't survive the bear season and not enough liquidity to fuel the space.

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December 14, 2023, 09:53:53 PM
 #25

...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.

Even if you close all transactions with a profit, it will take you a very long time to double your deposit. It is possible that by that time the trend will change to bearish and this will eventually automatically stop your challenge. In my opinion, it would be better to earn a couple hundred dollars by distributing promotional products in real life and then return to your challenge with a larger deposit.

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December 15, 2023, 03:06:59 AM
 #26

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
Will the orders even allow you to place an order with $3 as your capital? Binance says $10 for the minimum amount and let's say that poloniex allows that.
What's going to be your profit with that? I know that everyone can start as little as they can be but this challenge is so hard at all to pass. But if this is just for the sake of content and satisfaction then, I'd wish you nothing but good luck with this because even I do this as a challenge, I think that I won't make it far.

Of course, if the amount is small, the profit that can be obtained with 3 dollars is also small, but I just found out that it is really possible to trade worth 3 dollars on Poloniex. I don't seem to know of an exchange that allows a trader to trade below $5.

Then on Poloniex, that used to be a well-known exchange and was on the top list way back in 2016–2017 because I used to use that too. But I was stuck there for a long time because I didn't have any assets there.



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December 15, 2023, 07:16:13 PM
 #27

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
This would be a long trade and I would have love to join you on this journey. Can you share your trades to us? This would also help other people that would love to join you and make profits from the market. Entering the market with just $3 is amazing with the mindset to make up to 1000% would be a good move for everyone. I have seen same challenge like this before and the op was able to make up to $10000 with just $10 entering the market. Trades like this would help other trades to become a better traders with time.









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December 15, 2023, 07:33:51 PM
 #28

can you trade with $3 on Poloniex exchange?
I've never used it, but trading on Binance has a minimum trade of $5 USDT. $3 seems like a very small amount. If you want to experiment, use a decent amount of balance, $10-$50 is good enough to do a few trades so you don't have a problem with the minimum trading limit. you do fast trading, scalping and it requires good technical analysis and strategy as well as management on very minimal capital.
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December 15, 2023, 08:37:24 PM
 #29

Does Poloniex have the lowest spot trading conditions?

I don't think you should start spot trading with $3 and increase it every week as it grows, it's a waste of time and you will hardly earn any additional funds from the profits unless the coin you bought goes up 20x more than the purchase price.

I will wait to see how you show PNL as your trading progresses.

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December 15, 2023, 08:55:43 PM
 #30

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
Will the orders even allow you to place an order with $3 as your capital? Binance says $10 for the minimum amount and let's say that poloniex allows that.
What's going to be your profit with that? I know that everyone can start as little as they can be but this challenge is so hard at all to pass. But if this is just for the sake of content and satisfaction then, I'd wish you nothing but good luck with this because even I do this as a challenge, I think that I won't make it far.

Of course, if the amount is small, the profit that can be obtained with 3 dollars is also small, but I just found out that it is really possible to trade worth 3 dollars on Poloniex. I don't seem to know of an exchange that allows a trader to trade below $5.

Then on Poloniex, that used to be a well-known exchange and was on the top list way back in 2016–2017 because I used to use that too. But I was stuck there for a long time because I didn't have any assets there.
I've known poloniex but didn't used them for a very long time. If it's allowed to trade there as low as $3 then good luck to OP and his plan. The expectation won't be that much then for this challenge that he's going to do and if he finds success in expanding and growing that capital of his, he might be considered as a great trader based on how he'd end up here. But as I have said about not expecting a lot, I just think of it that he's going to get liquidated with that very small amount through fees.



 

 

 

 

 

 


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December 21, 2023, 10:20:27 AM
 #31

can you trade with $3 on Poloniex exchange?
I've never used it, but trading on Binance has a minimum trade of $5 USDT. $3 seems like a very small amount. If you want to experiment, use a decent amount of balance, $10-$50 is good enough to do a few trades so you don't have a problem with the minimum trading limit. you do fast trading, scalping and it requires good technical analysis and strategy as well as management on very minimal capital.



It's harder then i tought ....i have no results i'll wait few days If nothing happens i'll add some more funds to increase the capital and try with little bit bigger than 3$
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December 21, 2023, 02:57:42 PM
 #32

I see your capital OP is very small but what is your goal actually? Making it $10 in a week or in a month?

It is quite interesting to see its progress but honestly OP, having this amount and only trading shitcoins, you just waste your time unless you find it worthless anyway. If I were you, better have the challenge start with $100 and your chances of growing it is huge but if you force yourselves to trade with $3, after a few days now you probably quit.

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December 21, 2023, 04:17:15 PM
 #33

I see your capital OP is very small but what is your goal actually? Making it $10 in a week or in a month?

It is quite interesting to see its progress but honestly OP, having this amount and only trading shitcoins, you just waste your time unless you find it worthless anyway. If I were you, better have the challenge start with $100 and your chances of growing it is huge but if you force yourselves to trade with $3, after a few days now you probably quit.
How will he profit $10 per month by trading with such a capital of op? Making $10 a month with $3 means his profit would be 334% which I don't think is possible to earn monthly with spot trading. op has made a wrong move as it is never possible to trade profitably with such amounts. And most of the exchanges cannot buy/sell anything below $5-$10 minimum. So how can he make a successful trade with $3



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December 21, 2023, 05:41:19 PM
Last edit: December 21, 2023, 06:38:24 PM by sokani
 #34

Op, making a reasonable profit from trading with a capital of 3$ is like using a spoon to transfer a bucket full of water from bucket A to bucket B. My point is, the trading amount is quite low and it will take you longer period of time to realize something meaningful, and that's if you don't lose your fund along the way. Since you sound very confident on your success, why not top up the 3$ to $50 - $100, to increase your chances of making it happen real quick?

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December 21, 2023, 05:54:10 PM
 #35

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

Dear Senior, I have some doubts, about how those years are your experience in trading if you were not trading those years, I would say you better call it connection years or How know years because you've never made an entry. I'm shocked to know about the industry and have seen the huge rallies and still having a capital of 3$.

In most of the top-tier exchanges, the swap or trade below 10$ is not possible in the spot market, I'm wondering how will you trade. On top of that the asset you've chosen is a slow rally pair, I know risk management is important but with such capital, the trade should be in the flow of trend to make early and decent profits.

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December 21, 2023, 07:21:23 PM
 #36

Op, making a reasonable profit from trading with a capital of 3$ is like using a spoon to transfer a bucket full of water from bucket A to bucket B. My point is, the trading amount is quite low and it will take you longer period of time to realize something meaningful, and that's if you don't lose your fund along the way. Since you sound very confident on your success, why not top up the 3$ to $50 - $100, to increase your chances of making it happen real quick?
When I first read this thread I simply thought the OP was testing their strategy, as 3 dollars was an amount of money that is too low to obtain any kind of big profits, but after reading more of their posts it seems they are actually trying to produce profits with such a low capital, and this is going to be very hard, and even if they were able to get their goal, I doubt it will be worth it, so I think the OP should definitely save more money and then make another try at the time.

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December 21, 2023, 07:27:35 PM
 #37

It's harder then i tought ....i have no results i'll wait few days If nothing happens i'll add some more funds to increase the capital and try with little bit bigger than 3$

It’s really hard to do because you are paying trading fees while your profit margin is just small due to your capital size. I’m confused on what’s your goal here while you are claiming you have 10 years of trading experience? Why waste your time on this low trade instead of just trading normally using good amount of capital.

There’s nothing to prove already if you are already an experienced trader. Spot trading using that peanut capital will take you almost a year before you can double it on spot.

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Issa56
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December 21, 2023, 08:12:00 PM
 #38

Hi, i do trading with capital 3$ spot trading no leverage.]
What's the purpose of your challenge? Because I don't know how it's going to benefit any forum members or the forum itself will benefit from it. If you want to trade, then you don't have to post it here, and don't you think trading with $3 is just a complete waste of time? I don't even know how long it's going to take you before you will be able to double your $3, it's just better you get something else to do with your time and don't waste it on trading with $3. If you want to trade, then get more capital and trade with it,  not with $3. Most exchanges won't even allow you to place orders with small amounts like that.

I have experince over 10 years not actively traded all those years.
Going to be interesting
I don't see anything interesting here, all I see is a complete waste of time. You're just wasting your time, that's all I see. and you also claim to be posting PNL, but I haven't seen any images yet.

It's harder then i tought ....i have no results i'll wait few days If nothing happens i'll add some more funds to increase the capital and try with little bit bigger than 3$
You claim to have over 10 years of experience, even though you were not actively trading during that period, you should know that trading with $3 is just kind of too small, and you won't be making any serious profit. I don't think you have any experience or knowledge about trading, if you do, you won't be setting up this kind of time-wasting challenge for yourself. You are just realizing that the amount you are trading with is kind of small, and you won't be making any serious profit.

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December 22, 2023, 04:43:01 AM
 #39

I see your capital OP is very small but what is your goal actually? Making it $10 in a week or in a month?

It is quite interesting to see its progress but honestly OP, having this amount and only trading shitcoins, you just waste your time unless you find it worthless anyway. If I were you, better have the challenge start with $100 and your chances of growing it is huge but if you force yourselves to trade with $3, after a few days now you probably quit.
I think it's just the fact that OP "might" be trying to show the world that you can start with a very very small capital and make some money from it that grows to be something bigger eventually.

Imagine putting 10 dollars into bitcoin per week, there are a lot of people who could do that, it snot "that" expensive, sure in some very very poor nations people may not be able to do it, but it can be done, that's 40 bucks into bitcoin every month, and with some good trading you could make it even as high as 50-60 dollars a month, and that's over 600 dollars a year, and that's a good amount of money, and you keep trading and investing, and in 10 years you will have nearly 10 thousand dollars, that's a giant check for anyone in a poor nation.

With 3 dollars, it's even more extreme than that, I think it would make someone see that it's going to end up with something that will benefit everyone with time, and it should be a great return without a doubt, would help everyone if he can provide proof it can be done.

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December 22, 2023, 11:05:50 AM
 #40

I think it's just the fact that OP "might" be trying to show the world that you can start with a very very small capital and make some money from it that grows to be something bigger eventually...

It's just that OP has never traded, and therefore it seemed to him that it would not be difficult for him to increase his initial capital several times using the spot market. And that's what he wrote about the last time, that he overestimated his capabilities in trading, which turned out to be more difficult than he imagined:

It's harder then i tought ....i have no results i'll wait few days If nothing happens i'll add some more funds to increase the capital and try with little bit bigger than 3$

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