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.
The past few weeks up to till now is the best time to invest in crypto but yeah the OP capital is very small and I don't think he can make a trade with it. Maybe atleast $100 would be a good start in crypto or he can get a job online that will pay him bitcoin.