He seems to be having a hard time making money and giving the advice to throw money at altcoins is no different from telling him he should gamble. And to be honest, I have never seen anyone get rich from gambling.
You're great, I overlooked that. I was about to say that OP should consider investing a larger amount, or investing in a diversified portfolio of cryptocurrencies and other assets. But maybe he can try that when the time comes that he can afford to lose what he invested since bitcoin is so volatile.
But I disagree that there's no one who got rich from gambling. The are some who did bit they are those who can afford to lose what they gambled or just got too lucky or are just too rich. There's a different discussion that you can refer to:
The journey of successful business man who were professional gamblersYeah right, but with proper knowledge maybe it can be a good alterative if you are avoiding high fees, though taking that route also have a risk that investors needs to analyze and understand, it will be depends from how people will take their focus, if OP only focusing with bitcoin and he thinks that it can be done on his favor considering all the fees behind, then it will be his decision and the intension always have a big factor in succeeding to your goals
Whatever the direction, as long as he is willing to take the long-term investment, the outcome will be in his favor if he can wait, either bitcoin or known alt/s.
Right. Proper knowledge would be necessary to continue making the informed decision. I think is in the right stand in investing $1 a day because he knows that that's the amount he can afford so in case it didn't gain profit, there's not much to lose. But on the other hand, he can just wait longer until he gained profit. He already finished a year, more years wouldn't hurt. I believe that OP will reap the fruit of his 1$ per day investment in Bitcoin. You got it!