Post
Topic
Board Speculation (Altcoins)
Re: How to start investing with 1$?
by
chain green
on 14/11/2017, 18:56:19 UTC
Nice idea to play around in your head, but as everybody is saying - 1.5$ is too little.
I was having similar thoughts to experiment with small amounts and see where it could get me, but most of all to learn trading first hand.
For the same experimental reasons a month ago I put 30$ just for day trading. Found a coin that I believe in (so that even if market goes diving I still hold something that could bounce back in a near future), analyzed it on one exchange for few days, made sure that it can make 5-10% per day, made the move, if the weather was good such 5-10% swings could happen 10-15 times per day. After one month made 2.5x. At one moment I got overconfident and started to look for similar movements in other coins, made some bold moves. Learned my lessons.
Such experiment won't make me rich but the experience I gained from swingtrading, daytrading, ping pong, how market moves, and don't trade against bots, is just priceless.

If you wan't to experiment, I suggest try something 20-50$.
1.5$ is just too small to even see results of your experiment.