1$ per day crypto investment plan any good ? - page 4.

rodskee

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Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

even a penny per day is more than enough mate for long term investment , back in the day the price of bitcoin does not even amounting to a penny and then look at it now? how much it valued?

so best to go on your ways of investing mate , you can do everything because it is your money.
also there is no one can hold you from doing that.

Quote from: MiF on April 03, 2023, 01:54:54 AM

Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

I think btc is the best option for you it is a long term investment, if you invest 1$ everyday in a total of 5 to 10 years then you can maybe earn depending on the bitcoin price by the time you withdraw it on your wallet, one 1$ is not a big amount so you need to wait for a long time before you can get huge profit.

he already mentioned about the interest in Bitcoin per investing but of course since he wanted to put very little? then best to try altcoin as well.

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Quote from: molsewid on April 02, 2023, 05:19:50 PM

Quote from: ?? on ??

It seems to me that everyone has their own "limits" in the work, so here you can only compare. For those who have been working for a long time - this is not enough, for a start - enough.

1$ investment a day is not yet practical. Most of the trading app now requires min of 10$ before you may be able to trade. So I think better to trade when you have already 10$. It is very slow to have 1$ investment each day you won't see the result so often. And it is not practical because it will only be a paper loss if a certain token dump for a bit. So I think better to have capital first before starting to trade.

it's simple, that with a small capital you can't expect anything bigger, because it is impossible with a small capital to expect many times the capital. I agree that an investment of $ 1 is fine, but it's true that it's not practical and there are still some that require a minimum limit, it's better to accumulate it first and if it's sufficient then do it and it's just easier and more visible the impact that will be received.
but once again everything that is done is legal if that is the intention that one wants to do and no one can forbid it but only suggests it.

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Quote from: Nrcewker on March 31, 2023, 12:10:40 PM

Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

No one can exactly say you that whether it’s the best thing to invest in Bitcoins or not. What we can do is that just state the facts and the possibilities that you might face if you invest in Bitcoins. To be honest, I always have seen Bitcoins as the best coin to invest. It’s marketcap is huge. And coins are limited. So definitely in the future when the demand to acquire the coin will increase, the price will also go up. So according to me 1$ investment per day is really good and you should keep doing that until and unless you are capable of. Many have already predicted Bitcoins will touch the moon, so let’s see, where it goes.

1$ per day can be said to be a good plan if it can be done, it can even be more than that amount in one day as long as there is
self-discipline and time management.

And most people here also know that bitcoin is still the main good long-term investment in this industry. I would like to do the same DCA style because I love the way bitcoin is saved in such plans.

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Quote from: MiF on April 03, 2023, 01:54:54 AM

Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

I think btc is the best option for you it is a long term investment, if you invest 1$ everyday in a total of 5 to 10 years then you can maybe earn depending on the bitcoin price by the time you withdraw it on your wallet, one 1$ is not a big amount so you need to wait for a long time before you can get huge profit.

If every day you can earn $1 to invest that would be a good thing with your current economy. But all depends on the latest price but I see the good movement that happened in Bitcoin at the beginning of this year and hope for big things to happen later. but do not take rash measures for all this.

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Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

I think btc is the best option for you it is a long term investment, if you invest 1$ everyday in a total of 5 to 10 years then you can maybe earn depending on the bitcoin price by the time you withdraw it on your wallet, one 1$ is not a big amount so you need to wait for a long time before you can get huge profit.

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Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

You can try to invest in all altcoins with your 1$ Cheesy

, you can hope that 1$ in every altcoin can gain for 10-100x in the next bull run. Bitcoin is not a bad option if you want to do that but if you want to take a risk then you can try altcoins. As long as you use the money that you can afford to lose then altcoins or Bitcoin is not a problem.

andriarto

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Quote from: molsewid on April 02, 2023, 05:19:50 PM

Quote from: ?? on ??

It seems to me that everyone has their own "limits" in the work, so here you can only compare. For those who have been working for a long time - this is not enough, for a start - enough.

1$ investment a day is not yet practical. Most of the trading app now requires min of 10$ before you may be able to trade. So I think better to trade when you have already 10$. It is very slow to have 1$ investment each day you won't see the result so often. And it is not practical because it will only be a paper loss if a certain token dump for a bit. So I think better to have capital first before starting to trade.

if it is done every day and runs for 1 year then let me assume we invest $ 360 for a year. if for the long term it might not be a problem, instead of saving in the bank, of course this way will have advantages. it will be different if, for example, the money has been collected for 1 year and we want to get it back quickly, then the method is less practical, and trading it might be more useful. but it's different with me where my child is 2 years old and I'm saving little by little for university tuition fees later, I think it will be useful

molsewid

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Quote from: ?? on ??

It seems to me that everyone has their own "limits" in the work, so here you can only compare. For those who have been working for a long time - this is not enough, for a start - enough.

1$ investment a day is not yet practical. Most of the trading app now requires min of 10$ before you may be able to trade. So I think better to trade when you have already 10$. It is very slow to have 1$ investment each day you won't see the result so often. And it is not practical because it will only be a paper loss if a certain token dump for a bit. So I think better to have capital first before starting to trade.

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Quote from: ?? on ??

It seems to me that everyone has their own "limits" in the work, so here you can only compare. For those who have been working for a long time - this is not enough, for a start - enough.

There's no such thing about being late on joining this crypto wagon on which even if you do work for a long time and just recently known about Bitcoin or crypto then starting up with $1 wouldnt really be bad.
There's no much difference if we do compare about those old timers and new ones about their day job because the main purpose or act would really be talking about saving.They would really just that differ
when it comes to amount that they could put in, which is something that it is really that understandable.Doesnt matter on how much amount you would really be putting on,
what matter most is that you did really make out an investment.

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Quote from: naikturun on April 02, 2023, 08:28:00 AM

I think if you buy with an amount of 1 $ it will be difficult, because some exchanges apply a minimum purchase for one trade.
binance example must trade at least 10$.So it's better to collect for a month then buy it.

That is not what op mean by making it earn one dollar per day. We can enter the cryptocurrency market with one dollar but we can be trading and earning one dollar per day which could be better if we are not making any loses apart from earn the profit of $1 per day.

This is a small profits to us especially those of us that are making crazy amount of money everyday but it is preferable than making consistent lose and every time we enter the market tonesen from profits. I will urge op to continue if he can be earning that amount of money everyday with sommuch stress watch the chart every time.

naikturun

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I think if you buy with an amount of 1 $ it will be difficult, because some exchanges apply a minimum purchase for one trade.
binance example must trade at least 10$.So it's better to collect for a month then buy it.

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Quote from: sulendra12 on March 31, 2023, 05:37:05 PM

Quote from: harizen on March 31, 2023, 05:21:15 PM

Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

Only we can see the result once we do it on actual. Generally, for me, the whole idea is good especially if you are aiming for only hodling.
However, also consider the daily fees transferring from fiat wallet, etc. to crypto exchanges if you will literally do it every single day.
Bitcoin should be obviously a good option. Well then, good luck with your plan, and hope that someday, your effort will be worth it.

If OP instead saves $1 in other wallet before buying Bitcoin then it would have been better to avoid the fee for every transaction they make, I doubt the exchange will even accept $1 as the deposit. Let's say they save up to $100 then it should be a great start for them to invest on Bitcoin, it only takes 100 days so it's not that long and worth the wait especially if the goal is for long-term investment.

I also prefer doing that, if the intention is to save for future investment in Bitcoin then it might be better to save your fiat first before converting it to Bitcoin as you will literally save a good amount of money in terms of transaction fees, also to add, the timing is important, maybe it can also be considered that in bull season the value of Bitcoin is huge if you will place your investment during bull the chance is to lose your money once the changes in directions take place.

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Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

Is 1$ investment in crypto every day enough?

That's enough. But not directly into crypto but rather saving it in fiat.

Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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 can't afford to set aside a percentage of $10 per day, then $1 is the initial savings before you put it into the desired investment. There is a good point that can be used as an example from your topic in my opinion

Not forcing from investing
Willing to think about investing from the income per day

Many successful investors started with less than enough capital.

Sorryfor

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Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

I think $1 investment is very good for you. You have earned profit from $1 to $10 dollar it is success of your trading. Investing with small amount of money is not always possible to bring so much profit so I think the amount of money should be increased a bit. And if you ever face a loss then your $1 investment is fine. If you want to earn good amount of profit then you must increase your funds. And investment must take risk but there is no risk in investing in bitcoin so invest in bitcoin.

sulendra12

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Quote from: harizen on March 31, 2023, 05:21:15 PM

Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

Only we can see the result once we do it on actual. Generally, for me, the whole idea is good especially if you are aiming for only hodling.
However, also consider the daily fees transferring from fiat wallet, etc. to crypto exchanges if you will literally do it every single day.
Bitcoin should be obviously a good option. Well then, good luck with your plan, and hope that someday, your effort will be worth it.

If OP instead saves $1 in other wallet before buying Bitcoin then it would have been better to avoid the fee for every transaction they make, I doubt the exchange will even accept $1 as the deposit. Let's say they save up to $100 then it should be a great start for them to invest on Bitcoin, it only takes 100 days so it's not that long and worth the wait especially if the goal is for long-term investment.

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Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

Only we can see the result once we do it on actual. Generally, for me, the whole idea is good especially if you are aiming for only hodling.

However, also consider the daily fees transferring from fiat wallet, etc. to crypto exchanges if you will literally do it every single day.

Bitcoin should be obviously a good option. Well then, good luck with your plan, and hope that someday, your effort will be worth it.

death69

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Quote from: Nrcewker on March 31, 2023, 12:10:40 PM

Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

No one can exactly say you that whether it’s the best thing to invest in Bitcoins or not. What we can do is that just state the facts and the possibilities that you might face if you invest in Bitcoins. To be honest, I always have seen Bitcoins as the best coin to invest. It’s marketcap is huge. And coins are limited. So definitely in the future when the demand to acquire the coin will increase, the price will also go up. So according to me 1$ investment per day is really good and you should keep doing that until and unless you are capable of. Many have already predicted Bitcoins will touch the moon, so let’s see, where it goes.

Bitcoin isn't merely a crypto-dude, it's a legendary emblem of a financial and technological revolution. Decentralization is its jam, and it's challenging the norms of yesteryear's centralized money game.

Now, don't freak out, but there's a catch: crypto-town can be a rollercoaster. Betting on Bitcoin isn't a game for the meek. You gotta be well-versed in the tech, the market, and the risks in this bumpy ride.

However, if you're gutsy enough to dive in, the payoff can be epic. Limited supply? Check. Increasing demand? Check. Bitcoin is looking fine, and its future is massive. Blockchain believers, take note: investing in Bitcoin could be your jam. But, remember, always play it smart, minimize risk, and brace yourself for losses. With a bit of luck, your investment might just shoot up to a legen-wait for it-dary level!

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Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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 it's $1/day then it's $30/month and if we calculate it for a year it becomes $360 then it's a good investment especially if you plan it for the long term, especially if you choose to invest in bitcoin, the chances of your investment value going up big in the next few years are very real. Consistency + patience + confidence are the most important things in investing, surely the results you will get will satisfy you.

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Quote from: Maliceprime on March 17, 2022, 02:57:26 AM

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?

No one can exactly say you that whether it’s the best thing to invest in Bitcoins or not. What we can do is that just state the facts and the possibilities that you might face if you invest in Bitcoins. To be honest, I always have seen Bitcoins as the best coin to invest. It’s marketcap is huge. And coins are limited. So definitely in the future when the demand to acquire the coin will increase, the price will also go up. So according to me 1$ investment per day is really good and you should keep doing that until and unless you are capable of. Many have already predicted Bitcoins will touch the moon, so let’s see, where it goes.

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Good planning with $1 per day cryptocurrency investment due you have not enough bigger salary, there are not problem about how much your investment but your decision saving assets in Bitcoin is better than save in the bank although with small fund. I have started with this planning last one year but invested with $10 every day.

I spent my salary as influencer and hold $10 in cryptocurrency wallet with Bitcoin fund, keep holding for my children future for their education and sell about six or seven years later and hope bitcoin will drastically pump. I don't have any planning for selling with my investment almost two years with $10 investing in bitcoin because have been saving assets.

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