How to do 10 trades at a time with a budget of only 100 USDT ? Let me explain this for you.
Many people entering the crypto market think that 100 USDT budget is quite small to earn anything. That's a fallacy.
If you manage those 100 USDT with proper analysis and calculations, you can at least generate 10 USDT in one day (not daily, because you win a few days and you lose a couple of days). To achieve this target, you have to be disciplined as well as patient.
Now coming back to the point, let's see how can 10 trades be run with a budget as small as 100 USDT.
> Range: Before defining the lower and upper price of the coin in which you are going to put your money, you must decide which direction you think the coin will go from here. For long position, your upper limit should not be too high from the current price. For short, your lower limit should not be low from current price. For neutral position, you can set both limits such that the current price is perfectly between both limits but take this position only if a coin is moving sideways and there are no signs of pump or dump.
> No. of Grids and Leverage: This is very critical because it plays a major role in how much USDT will you need to put in this trade. You can arbitrarily choose various Grids combinations with Leverage to see which combination fits your needs better. For example, let's say you choose 20 number of Grids initially with 50x leverage after defining the Range as described above. However you see that this combination requires a minimum of 20 USDT but you want to put only 10 USDT in this trade. So you can try different combinations and see which combination suits you the best. Pro Tip: Keeping your leverage at the lowest rate possible will help you avoid liquidation in case the market swings heavily in opposite direction.
By following above points, it is 100% possible to do 10 trades at a time with a budget of only 100 USDT.
Thank you for reading this message. I hope you will benefit from this post in the days ahead.
