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Topic: Trading with small budget - page 14. (Read 2150 times)

member
Activity: 700
Merit: 14
March 06, 2019, 10:17:21 AM
#35
I know everyone else here is discouraging you not to trade with 1 dollar only worth of BTC to USD but I still do. Despite the small amount of earnings and all the fees given, (fees are not really that high, it would only cost lest than 0.1% in most exchanges.) I still do not give as long as you know how to trade because someday that small amount of BTC will keep on increasing until it becomes a whole bitcoin. But that would take months or years and not to mention the risk of losing.
sr. member
Activity: 812
Merit: 250
March 06, 2019, 10:12:48 AM
#34
trading with small capital will be very easy to do but it is very difficult to make a profit, because the profit obtained is only a small percentage. so if the capital we trade is small, the profits will not be too much.
sr. member
Activity: 1624
Merit: 267
March 06, 2019, 09:42:19 AM
#33
Is that only money that you want to trade only $1? Maybe don't tradw it if that amount that you have.
full member
Activity: 616
Merit: 100
March 06, 2019, 07:31:24 AM
#32
Are you serious? with only 1 dollar, you will get a little profit, and you will pay a fee that is greater than your capital. Minimum trading of 50 dollars is enough.
member
Activity: 663
Merit: 10
https://streamies.io/
March 06, 2019, 07:23:47 AM
#31
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 no, the amount of your transaction is too low and even after only a few transactions, you will not be able to trade anymore because the transaction fee and deposit have occupied your $ 1 .
You have the right to practice your strategies with a small budget but don't make it too small. Because you won't care about something that doesn't bring you too high profits.
hero member
Activity: 1750
Merit: 589
March 06, 2019, 06:55:27 AM
#30
I did try trading on a small budget when I started and also realized it's a waste. This is only advisable if you want to practice and gain experience. Don't do this and expect some good profits
What do you think? you're going too far from small investment? Small capital is just for trading, don't be fool with crypto advertisements online that says you're going to make a double so you as a beginner you're going to try then you'll just lose because you know less. You really must not do that, gain experience first and have some readings.
legendary
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
March 06, 2019, 04:12:03 AM
#29
I did try trading on a small budget when I started and also realized it's a waste. This is only advisable if you want to practice and gain experience. Don't do this and expect some good profits
hero member
Activity: 2744
Merit: 588
March 06, 2019, 04:04:42 AM
#28
Ok thank you guys. I was looking for arbitrage between exchanges for about <5 dollar but the fees will eat all the profit it seems.

Exactly, just the fees alone will cover your capital so it's not advisable to trade with a small capital such as $1. It's better to adjust your capital and let's say $100. That's how I started anyways, $100, win some, lose some. But the most important thing is that you learn and you get experience. As for arbitrage though, not good at this point, specially you have to compete with traders who uses bot.

Even if he does arbitraging and use the best exchanges with lowest tx fees, still hard to get profit if your capital is small.
Might as well save money while learning your strategies in trading and familiarize with possible exchanges that you will use in the future.
Compare their fees and the approximate duration of depositing and withdrawing your coins.
Try small amount so at least you have the grasp how the exchange respond to those requests.
So next time you are ready with your funds, you very well know your strategies on how to get things done at a shortest time possible.
full member
Activity: 714
Merit: 100
March 06, 2019, 03:52:37 AM
#27
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

 


only leverage can help you. still, 1 usd is too small amount for trading. you will not have fun nor earn any reliable money.
sr. member
Activity: 1176
Merit: 301
March 06, 2019, 02:57:46 AM
#26
Any trading sites have fee ,
So if you would just trade with a small amount like that I don't think you would gain something the fee would just eat up your money.
sr. member
Activity: 1274
Merit: 252
March 06, 2019, 02:10:26 AM
#25
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

 
BTC/USD exchange with 1 dollar transaction, I'm not sure there is because with the current value I think the minimum is probably around 4-5 dollars. in my personal opinion by trading with low funds even though we know that the value of bitcoin is also quite high, it is less feasible and the profits you might get can be deducted by a large percentage on the trading platform fee.
hero member
Activity: 2660
Merit: 551
March 06, 2019, 01:59:43 AM
#24
Ok thank you guys. I was looking for arbitrage between exchanges for about <5 dollar but the fees will eat all the profit it seems.

Exactly, just the fees alone will cover your capital so it's not advisable to trade with a small capital such as $1. It's better to adjust your capital and let's say $100. That's how I started anyways, $100, win some, lose some. But the most important thing is that you learn and you get experience. As for arbitrage though, not good at this point, specially you have to compete with traders who uses bot.
member
Activity: 630
Merit: 20
March 06, 2019, 12:56:12 AM
#23
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 am sure exchanges Binance, Bittrex, Hitbtc and few other best exchanges allow to trade with small investment amount. At times, the value of the coin you choose to trade matters a lot. If the coin is very cheap, yes, you can buy it lot more with less investment. But i would advice you to start with minimum $50 to $100 dollars to gain a decent profit. This is the best way to start with.

I don't think so. It will just eat the fees. Take note that in every contract there is a fee associated with each entry.
Withdrawal fees are higher too, in bitmex. I didn't try to trade with that very small amount but it is possible. But the o ly problem is the fees. I advise you to at least start at $100 . But of course, choose only amount that you can afford to lose.
We cannot dictate and demand you of higher amount. It is all up to you. But if you want to feel your profit, make it just enough.
member
Activity: 546
Merit: 32
March 05, 2019, 07:39:47 PM
#22
if you want to trade with lower budgets in West and different investment because it will give different profits in various types when comparing to investing on one currency it will give you a lot more than before so make the work more higher with low investment to different currency will give some extra profit while you are investing a low budget also.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
March 05, 2019, 06:09:40 PM
#21
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 am sure exchanges Binance, Bittrex, Hitbtc and few other best exchanges allow to trade with small investment amount. At times, the value of the coin you choose to trade matters a lot. If the coin is very cheap, yes, you can buy it lot more with less investment. But i would advice you to start with minimum $50 to $100 dollars to gain a decent profit. This is the best way to start with.
hero member
Activity: 798
Merit: 531
Crypto is King.
March 05, 2019, 03:34:42 PM
#20
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sr. member
Activity: 784
Merit: 255
March 05, 2019, 03:12:46 PM
#19
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

 
You just want to learn and do not want to lose money because you do not understand the market?No one bothers you yet just watch the trade and draw conclusions.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
March 05, 2019, 02:52:51 PM
#18
If you dont have enough money to start trading i recommend you to collect your money for a few months and then start.During this time you can trade on demo platforms and gain some experience so that when you start trading with real money you will know how eveything works and make profit faster.
Collecting money is not a good idea and he can miss the next trend during the money accumulation period.  Demo platforms can let him train his trading skills, ability to analyze the trends etc.
newbie
Activity: 14
Merit: 0
March 05, 2019, 02:36:32 PM
#17
Ok thank you guys. I was looking for arbitrage between exchanges for about <5 dollar but the fees will eat all the profit it seems.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
March 05, 2019, 02:33:45 PM
#16
My own suggestions I will recommend binance for a start, basically for newbies who do not get to understand trading for a start and secondly binance has an app for fast trading, regarding the trade fee I believe that should not be considered for now which I know binance is a good platform for trading.
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