Let me explain. Buy 2-3 currency with 100 dollars each. wait with patience. If one goes down beyond acceptable limit, sell it. And buy the one which is going good. this will save loss and you maximise on which is good. Below is my previous post explaining simple trading strategy
Let me tell you a way where you will surely earn something in small chunks.This is more specific for beginners. Many will comment this and that but if you stick to this method you will not be in loss.1. Select a coin from the Looser tab on Binance which has lost the most value. Ensure that it is not in the De-list or Monitoring Tag list. When you click a coin Binance automatically indicates its delist or Monitoring status. 2. Now carefully see the RSI charts on 1 min and 5 min time line. It must be below 30 Index.3. Also ensure that it remained in Loosers list for quite some time.4. Start buying it with 25-30 dollars. I suggest an investment of minimum 200 dollars.5. After every purchase in parts wait for few minutes. Mostly price dips. Always buy when value is lowest. If price goes up buy in quick succession.6. Now put sell limit for no more than 6%. 7. Keep monitoring the price. Be patient. The already fallen coin will go up. But be ready to accept some loss.8. If price goes down further I set a loss figure and always sell in minimum loss.9. And if price goes up soon you will have your 5% profit. If you are monitoring let it go to the very top and earn more.10. Repeat the process.