Post
Topic
Board Trading Discussion
Re: Trading with small budget
by
TopT3ns
on 08/05/2019, 01:11:54 UTC
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

 
Your only hope on trading with 1 dollar on 1 dollar move is by using leverage.If you want to trade BTC to USD with1 dollar it would be impossible cause trading fees and minimum amount on trade wont let you win with that very very small amount

almost most exchange markets have higher fees for issuing withdrawal or trade costs. if I put in around $ 1 to do the trade I think it is quite difficult to develop the capital that we have spent even the minimum cost to buy one coin cannot be done, maybe op can add a little capital to put money into it for about $ 5 to be able to trade
Indeed, the costs around the transaction and withdrawal process are always higher than 1$, therefore, with such a small budget, this is just a difficult challenge for investors or traders, more precisely, this guy is not really serious about trading. Instead of continuing to follow his idea, we should encourage him to put more money into trading, a few dollars is not enough, at least $100, it is not too big, if we are smart enough, we will very quickly get the next $100
It's not necessary to invest a whole lot of money to make a profit. Trading does not always require a lot of financial means. It can be very interesting to start trading on a small budget, it needs time to learn a lot. Trading with a small amount of money requires a certain level of preparation. Before you start trading with a small amount of money, it’s important that you set clear goals. It's important to have long-term goals since the exchange is volatile. It can also be very beneficial to open up multiple positions with small money to spread the risk and widen the portfolio for more potential profit.
It is right, what be unique in crypto trading is we can start it with any amount of money that we have. Maybe limit only on minimal trading amount that exchanger make. That is our limit on how much minimal we trade in exchange.