That capital of a $1 is so slow that it cannot be consider to get on board on a day trading. Also some ICO's have minimum value requirements for you to invest like $100 that is why it is very likely that you are investing on a wrong ICO and can be later a scam project.
I agreed with you. Although, the best time to invest a small capital in the crypto currency sphere is when the market is dump but the mention amount by the OP is too small to invest into cryptocurrency this days.