Short answer: no
Meta needs data to learn and exit the learning phase. At $5/day, you're spending $35/week. If your cost per conversion is anything above a few cents (spoiler: it is), you'll never get there.
You'll stay stuck in learning and your CPA will stay high. The algorithm needs enough data to learn and optimize around your target user.
$5/day is more like a donation to Meta ads 😬
We recommend at least $30-$50 a day to see sufficient data flow through the account.
What's the lowest daily budget you've ever made work? Drop it below.