With $5,
Start with an amount of $5 that you can afford to lose, and be prepared to learn and be patient, entering the market with full awareness of the risks.
Learn First: Before putting any dollar into trading, invest your time in learning. Understand the basics of cryptocurrencies, how exchanges work, technical analysis, and risk management.
Start with a Demo Account: Most platforms offer demo accounts. Use these accounts to practice trading without risking real money. This will give you a chance to test your strategies and understand the market.
Choose low-priced and highly volatile cryptocurrencies (with very high risk): Some cryptocurrencies priced under one dollar may experience significant price fluctuations. If their price rises significantly, you may achieve good profits relative to your small capital. But this is the most dangerous part, as these coins are typically unstable and subject to sudden crashes.
Day Trading or Short-term Trading: Given the small capital, focusing on short-term trades (buying and selling on the same day or within a short period) may be the only option for generating recurring profits. However, this requires constant market monitoring and quick decision-making.
