Trading with small budget - page 13.

beerlover

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Quote from: Youssef27 on March 05, 2019, 12:02:50 PM

Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less

If you are looking for a very low trading fee platform, I suggest you go with Binance, for now have the lowest trading fee among all the trading platforms I have encountered and I believe you will be able to achieve your 1 dollar per 1 dollar move provided you trade well.

Why do you have to close trade at 3 usd because you have to also consider the fee involved too, probably you will meet you target of 3 usd when you close trade at 5 or 6 usd, because you have to consider all the deposit fee, withdrawal fee and trading fee even with Binance that has the lowest trading fee, you still have to make more than that.

St4yInTh3D4rk

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Quote from: bitbunnny on March 06, 2019, 03:02:50 PM

Quote from: justspare on March 06, 2019, 02:35:39 PM

I don't see any good reason why anyone will want to trade with as low as $1, it doesn't make any sense because I don't think $1 worth of coin would give you any profit, you might just end up losing all your funds to fee on exchange.
I don't think there is any exchange that allows one to trade with as low as $1 with very low fees and even if there is any, I won't advise you to trade with the such amount of money unless you are ready to give it up as fees.

I agree, it looks strange if someone wants to trade with only 1$ but on the other hand it could make sense. But only in terms of gaining experiences and learning. Then I can understand that someone wants to invest only such small amount and not to risk anything. Still even in that case I would invest a bit more to get more realistic feeling. Exactly the fact that you can trade with really small amounts makes really big advantage for Bitcoin and other cryptocurrencies compared to other trading assets like stocks or similar.

Still one dollar can't be useful for trading on exchanges since most of the trading platforms assigned some minimum transaction limit value so we need to have some amount to get that value away from that minimum limit and also can have choices while choosing the trading pairs.

binhvo1505

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The budget is too small to seem to bring any value. Save more money to get a really big amount of money for you and then learn how to analyze and invest.
In addition, the amount is too small to make you excited when you invest or experience something. You must feel the loss and regret, then you can improve your trading.

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Quote from: Youssef27 on March 05, 2019, 12:02:50 PM

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

It is not going to give any profits for you when you just doing trading with $1,so just be practical and make some budget for your trading atleast $100 would be enough to start making some profits on regula basis.Most of the trading platforms allows you for that small amount of trades,what I had notices is the minimum amount will be on respective coins which are going to trade not in USD.

mapanlah

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trading with small capital may make our choices limited, but do not easily give up the way to invest in coins that are experiencing an upward trend because we can participate in enjoying the benefits of the increase. trade on a daily basis, this is because our capital is small so money becomes mandatory to spin quickly.

iqlimasyadiqa

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Usually each exchange has different rules. in my opinion 1 USD is a very small nominal, it's better to collect some capital first so you will be comfortable. little money will be used up for deposit and trading fees. in my opinion it's not worth it, so try to collect more and it will open up your chances of making a profit. every trader must have capital to invest in trading.

zolfa

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If you just want to learn about market movements, with that amount of capital that is good in my opinion, but if you want to be rich with such capital, then it's almost impossible bro.

whirlcoin

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Quote from: Youssef27 on March 05, 2019, 12:02:50 PM

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

I think this will be a very small budget to continue with Bitcoin investment you need to get experience then doing with small budget will be useful but when comes to your profession you will need to put some risk for getting the profits otherwise it will be very low.

Kelvinid

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Quote from: richminded on March 06, 2019, 05:19:32 PM

Quote from: Youssef27 on March 05, 2019, 12:02:50 PM

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

Trading is not good for just $1. And honestly, you are just wasting your time with this kind of capital. Much better if you have at least $20 and it will start to make sense. Save money first before you do trading, and learn while you are looking for some capital. If you want to earn more then start with a realistic capital and with the right knowledge about trading.

When it come into business, we need enough capital to have a good start the same thing it happen to trading.
Yes, it really make sense if we start for more capital and so we can expect for more profits in returns IF we handled our trades in the right way. I'm afraid it will just lost in few days just because we don't know anything about crypto trading.
I may suggest, if we are still learning in trading better to start with small amount and just gradually increase it in the right time.

richminded

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Quote from: Youssef27 on March 05, 2019, 12:02:50 PM

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

Trading is not good for just $1. And honestly, you are just wasting your time with this kind of capital. Much better if you have at least $20 and it will start to make sense. Save money first before you do trading, and learn while you are looking for some capital. If you want to earn more then start with a realistic capital and with the right knowledge about trading.

danherbias07

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Im intrigued.
Why would you do that? What is the purpose of doing this small amounts? Huh

I know it is possible with other exchange but your problem will be with the fees. You will be wasting like a dime per ttansaction and you just wont feel it at start. But on the long run it may just be regrets.

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Quote from: Danslip on March 06, 2019, 03:24:39 PM

Quote from: Hannahanto on March 06, 2019, 03:17:39 PM

Nothing can be done with a dollar investment. Only one thing can be sone is trading trading can be learnt. But to gain more profits, more inveatment is needed. Choose the best coins to gain more profIts.

Small budgets are easy to control and crypto trading can be profitable if the trader has enough experience in this field. For investment purpose i suggest buying low market cap coins that have a small circulation.

Even 1$? You have said that small budgets is profitable. But I think small budgets is not profitable and easy to control. Because All people want a profit that can satisfy him. If one person try to trade with small amount 10$ then he want to earn minimum 2$ per day. So its approx 20℅ for 10$. But it is so hard to get 20℅ per day. But if Invest 1000$ and if he want to earn 2% per day. The amount will be 20$. Then the trader will be satisfied easily. Thanks

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Quote from: Youssef27 on March 05, 2019, 12:02:50 PM

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

Why you want to trade so low like as 1$? If you trade with this amount I think maximum exchange will not support 1$ buy/sell in BTC/USD pair. And have some exchange fees. So you will not get your 1$ after trade. So I think this is worst to try. Thanks

harizen

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Are these recent responses thinks OP will trade for $1 capital? lol.

To OP, since you have a difficulty to find a better responsed, I suggest to changed gears to make things not complicated. I have quiet difficulty to find a better exchange pair or trading strategy that will suit your preferred way.

Danslip

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Quote from: Hannahanto on March 06, 2019, 03:17:39 PM

Nothing can be done with a dollar investment. Only one thing can be sone is trading trading can be learnt. But to gain more profits, more inveatment is needed. Choose the best coins to gain more profIts.

Small budgets are easy to control and crypto trading can be profitable if the trader has enough experience in this field. For investment purpose i suggest buying low market cap coins that have a small circulation.

Hannahanto

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Nothing can be done with a dollar investment. Only one thing can be sone is trading trading can be learnt. But to gain more profits, more inveatment is needed. Choose the best coins to gain more profIts.

bitbunnny

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Quote from: justspare on March 06, 2019, 02:35:39 PM

I don't see any good reason why anyone will want to trade with as low as $1, it doesn't make any sense because I don't think $1 worth of coin would give you any profit, you might just end up losing all your funds to fee on exchange.
I don't think there is any exchange that allows one to trade with as low as $1 with very low fees and even if there is any, I won't advise you to trade with the such amount of money unless you are ready to give it up as fees.

I agree, it looks strange if someone wants to trade with only 1$ but on the other hand it could make sense. But only in terms of gaining experiences and learning. Then I can understand that someone wants to invest only such small amount and not to risk anything. Still even in that case I would invest a bit more to get more realistic feeling. Exactly the fact that you can trade with really small amounts makes really big advantage for Bitcoin and other cryptocurrencies compared to other trading assets like stocks or similar.

justspare

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I don't see any good reason why anyone will want to trade with as low as $1, it doesn't make any sense because I don't think $1 worth of coin would give you any profit, you might just end up losing all your funds to fee on exchange.
I don't think there is any exchange that allows one to trade with as low as $1 with very low fees and even if there is any, I won't advise you to trade with the such amount of money unless you are ready to give it up as fees.

akram143

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Quote from: Youssef27 on March 05, 2019, 12:02:50 PM

Hello all,

I have a question:
Is there anyway or any where on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

I think it is a very low amount for the trading exchanges in BTC and you cannot make the profit while investing $1 urgent time but you may make money in other investment while using low amount

Khuletzky

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Quote from: Youssef27 on March 05, 2019, 12:02:50 PM

Hello all,

I have a question:
Is there any way or anywhere on some exchange a way to trade BTC/USD with 1 dollar per 1 dollar move with total fee less than 1 dollar?

Thanks

If you're a Newbie trader, then I would suggest you watch the basic tutorial first. Trading is not that easy so you must have at least some knowledge before trying it. Regarding the starting funds, I would suggest at least $10, then the friendly trading site for me are Binance, Kucoin and Mercatox exchange.

Topic: Trading with small budget - page 13. (Read 2166 times)