How to start investing with 1$? - page 22.

Hanebel

full member

Activity: 363

Merit: 100

Quote from: erre on November 04, 2017, 06:44:04 AM

1)Buy an apple for 1 dollar.

2)Then sell it for 2 dollars and buy 2 apples.

3)Repeat with 4, 8, 16, 32 apples and so on, until you managed to sell 3500 apples for 7000 usd.

4)Buy a bitcoin

This may advice may sound funny and nonsense but it is logical. Explaining how to earn in a very simple way. Because this is how trading works. Very basic but it takes initiative and hard work to earn and to make your 1$ become a hundred dollar. Also you need to ready your emotion if you want your 1$ grow.

wojak

member

Activity: 140

Merit: 10

I've started with $200 few months ago. I was daily trading, I wrote a lot of scripts, bots with RNN, it all ends up to buying at dip and script for selling with small profits like 1-2% but 10-20 times a day.
It is risky, but may work for small amounts

Also it works for moments of stability, there may be huge dumps or pumps between, don't be greedy.

tanghere02

sr. member

Activity: 518

Merit: 250

Actually I could relate to this. But instead of $1, I also started out trading in Poloniex also with only $15 or I think it was less that amount at that time and this was around February of this year and checked on my profit, although I already taken out the capital of $15 a month after; all I have left there right now since I was experimenting that money for 5 years to see how much it would be worth by then. But currently it is around $300 now.

dilpreet111

newbie

Activity: 43

Merit: 0

Starting with such a limited capital requires you to speculate a bit to increase it in a short while, though that is risky.
All Alt coins go through dump & pump phases. Select very low priced coins on Etherdelta, which are speculative in nature i.e. they move a lot with market high & lows Invest in them during the next dump and wait for the Pump to increase your capital.

Most of the ICOs are opening below their ICO price, which usually in case of decent coins catches up in a couple of weeks. You can look at these coins, I guess...

djangocoin

sr. member

Activity: 474

Merit: 285

Brave New World

Hmmmmmm... for that you can invest in a cola, nope not a coin called cola, but a can of coca cola.. that's pretty much all $1 will get ya ;d

Stavri

sr. member

Activity: 980

Merit: 276

Quote from: rattle99 on November 04, 2017, 06:39:50 AM

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?

Find a real work to earn money and then invest in altcoins. Work for at least 1 month and they to collect a few hundred bucks so it will be a little bit more meaningful to buy altcoins or bitcoin.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: erre on November 04, 2017, 06:44:04 AM

1)Buy an apple for 1 dollar.

2)Then sell it for 2 dollars and buy 2 apples.

3)Repeat with 4, 8, 16, 32 apples and so on, until you managed to sell 3500 apples for 7000 usd.

4)Buy a bitcoin

Good suggestion but the main thing here is that we wont really know or hardly managed on such kind of target knowing that choosing altcoin is really pain in the ass because we wont even know if it would rise or not. Shorting $1 amount is not really sufficient and you can just buy coins worth of cents but you can actually make up some tradings but the waiting game would really be longer knowing that $1 is not really a big amount which we can freely move with our oders.

eagle10

sr. member

Activity: 840

Merit: 252

Quote from: erre on November 04, 2017, 06:44:04 AM

1)Buy an apple for 1 dollar.

2)Then sell it for 2 dollars and buy 2 apples.

3)Repeat with 4, 8, 16, 32 apples and so on, until you managed to sell 3500 apples for 7000 usd.

4)Buy a bitcoin

Nice. This is very realistic and true to every investors. When you already grow up your $1 to a good amount then you can buy bitcoin and invest in cryptocurrency.

luckycoinn

full member

Activity: 158

Merit: 100

Quote from: ALX3K on November 06, 2017, 06:41:53 PM

Dogecoin. you can learn how to trade, then micro trading /10 trades in 2 minutes) and at last margin trading.

actually, Dogecoin is also difficult to try. because people will buy big amount of dogecoin and sell it when the price is increasing even just 1 or 2 point.
and when the price is increasing, you get nothing cause you don't get the coin to be sold.

Chmel

sr. member

Activity: 994

Merit: 262

Lol, maybe 2-3 years ago, with 1,5$ can be start invest, but now it's nonsense. I think, atleast minimal 1000$ need, but and it's too low now.

Dr.Bitc0in

newbie

Activity: 38

Merit: 0

$1.50? grow some balls man! but go with P&D alts obviously

beerlover

legendary

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Quote from: rattle99 on November 04, 2017, 06:39:50 AM

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?

Let nobody deceive you mate, unless you are ready to waste your time doing very much for nothing, I will suggest you find a way to increase your $1 before you start trading. It is not realistic when you are going to have to consider some of the losses you will make as this is a trading environment and predictions can always go wrong and the fees you will also pay.

I do not know about other exchanges, but you cannot even trade with less than 50000sats on bittrex which to me is even unrealistic.

FrankNoland

copper member

Activity: 560

Merit: 253

Quote from: rattle99 on November 04, 2017, 06:39:50 AM

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?

I would advice you to add a few more dollars and buy a good undervalued altcoins which have potential of making it in the near future. The thing is most exchanges have a minimum buying rate of 50 000 sat and $1 is worth around 24-25 000 sat, so having $1 on your wallet might limit you to buy some cryptocurrencies. Once you have managed to put in a few more dollars, try day trading, buy when its low and sell when its higher, don't forget that. You might even make more than $150 profit within a year.

Capeshifter

member

Activity: 112

Merit: 10

the best thing you can do with a dollar is buy an ice cream. Don't even think about investing that anywhere except your stomach. The amount is way too small and just a transaction will rip your portfolio to zero. The minimum investment anyone should put in crypto's is at least 100 dollars, as it takes about 2 dollars (depending on the blockchain, maybe less) to validate/send a transaction.

regsintered

jr. member

Activity: 48

Merit: 10

Quote from: alfstep on November 08, 2017, 11:41:38 AM

Join some airdrops or bounties
you will have more than $150 in less than a year, you can keep your $1.5 as well

Yeah, that is good idea. and it is best. you can find any bounty here https://bitcointalk.org/index.php?board=238.0
It is very good to make funds

regsintered

jr. member

Activity: 48

Merit: 10

with 1,5$ it is very hard. because you must to pay the transation fee, and it will be very expensive compared to 1,5$

alfstep

full member

Activity: 308

Merit: 128

Here I come! Again!

Join some airdrops or bounties
you will have more than $150 in less than a year, you can keep your $1.5 as well

e-coinomist

legendary

Activity: 2380

Merit: 1085

Money often costs too much.

Quote from: electronicash on November 07, 2017, 09:59:23 AM

there are coins like bytecoin which is less than a cent. https://coinmarketcap.com/currencies/bytecoin-bcn/
one thing thats crazy about this coin is that its heavily traded, i don't really know how they were very much liked by traders but its kinda like cheap dogecoin.

DOGE been a copy of LTC, Bytecoin was the original codebase for todays Monero.
There had been issues surrounding Bytecoins former past, particularily premining related. Hence the continous decay on their charts.
I agree spread trading on low value coins can be helpfull on a little single dollar.

But honestly, if he does a tenfold with that ending on ten dollars the self suicide probability increases drastically. Better taking $100 and trying to create $1000 from that instead.

analyzing

full member

Activity: 212

Merit: 102

Quote from: rattle99 on November 04, 2017, 06:39:50 AM

So here I am with about 1.5$ in my poloniex account today. What advice would you give me to make this 1.5$ into 150$ by the end of next year that is 2018?

Anyplace I could get to know about pump n dumps before they happen? Any particular cheap crypto that I should hold onto?

in polo pump and dump days are overs , there is no shout box anymore , and also it is really difficult to turn 1.5 in 150 , but i think try to buy some coins who's supply is limited and their price is below 1 usd ,, like in 1.5 you can get 15 coins etc , and hold them until their price go to 10 usd each and walllahhhh you will get 150$ in this way

paulk11087

sr. member

Activity: 987

Merit: 254

i really can not believe that you asked such a thing
you should find yourself a job as your friend says Cheesy

you must find yourself a different struggle

Topic: How to start investing with 1$? - page 22. (Read 7500 times)