If you're aiming to make $100 a day trading crypto, short-term strategies like day trading or scalping could be your best bet. Here are some key steps to consider:
Pick a Liquid Market: Focus on trading popular assets like Bitcoin or Ethereum, where high trading volume ensures quick buy and sell opportunities.
Develop a Solid Trading Plan: Leverage technical indicators like moving averages, RSI, and key support/resistance levels to pinpoint optimal entry and exit positions.
Practice Smart Risk Management: Only commit 1-2% of your capital to each trade, and always use stop-loss orders to protect against significant losses.
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