1 Dollar Trading Journey
- Thread starter riesty
- Start date
Santosh_San
Regular Member
- Apr 27, 2017
- 240
- 115
Good luck for you mate
Jeff Vh
Power Member
- Jun 19, 2019
- 557
- 786
I seriously wonder if you’re being for real, or just joking around.
$1 into $1M within 1Y?
You better leave that dollar in your bank account and watch it ‘grow’. Assuming you live in a country where there is inflation and the inflation is bigger than the returns of your bank, you’ll lose money in the long run as well (10yrs). But maybe only $0,10 instead of $1.
And using this strategy, you’ll save time to actually do something useful.
$1 into $1M within 1Y?
You better leave that dollar in your bank account and watch it ‘grow’. Assuming you live in a country where there is inflation and the inflation is bigger than the returns of your bank, you’ll lose money in the long run as well (10yrs). But maybe only $0,10 instead of $1.
And using this strategy, you’ll save time to actually do something useful.
pxn
Registered Member
- Nov 2, 2017
- 74
- 32
well i guess he loses his money
Larry Igna
Power Member
- Nov 25, 2016
- 663
- 715
I find this a very safe way to learn trading, apart from having fun. I started doing the same thing (started with $1,40 though hehe), end up with $3. I don't want to hijack this thread so I'll stop here.
Good luck,OP!
Jeff Vh
Power Member
- Jun 19, 2019
- 557
- 786
And let me guess, you then lost the $3?
Larry Igna
Power Member
- Nov 25, 2016
- 663
- 715
Nope, still there
But even if I would lose the $3, that's no loss. It would mean I paid $3 to learn how margin trading works. Or maybe I learn to not trust RSI indicator in a bullish trend to determine if some asset is overbought or oversold. Stuff like that, it's worth paying 1 dollar (initial deposit) to learn it, IMO.Why would I lose $100 to learn this when $1 is enough? Lol
barnaba1984
Banned - selling outside of the marketplace.
- Nov 8, 2020
- 135
- 50
Nope, still there
Why would I lose $100 to learn this when $1 is enough? Lol
Though it's $3, it might have helped you learn worth than a lot more, perfect learning way especially for beginners who do not know how to trade.
Jeff Vh
Power Member
- Jun 19, 2019
- 557
- 786
I like your approach here, didn’t think of it that way.Nope, still there
Why would I lose $100 to learn this when $1 is enough? Lol
However OP stated he is turning that $1 into $1M within ONE YEAR. That, my friend, is living in a utopia.
Unlike you, he did not state that this is ‘learning’ money.
Larry Igna
Power Member
- Nov 25, 2016
- 663
- 715
Until OP is updating his thread, take this. I must say is very hard to start with a small amount because you can't buy everything, due to minimum amount requirements for various coins.
I am trading with BNB, for two reasons:
1. I can convert any leftovers from trades (any coins with small amount) to BNB
2. I can trade with 10x leverage on BTC, USD, EURO and GBP
Until I reach $10 I'm forced to ride BNB paired with one of the 4 coins above. I went with BNB/BTC, it makes no difference, i just stick to this.
Cro7
Power Member
- May 26, 2019
- 549
- 517
https://www.chartchampions.com/In my opinion the best.
Larry Igna
Power Member
- Nov 25, 2016
- 663
- 715
I'm watching it closely, trying not to die. I'm not doing futures, I still have to learn that, so I keep the risks lower.
