Are you new to the world of trading and want to generate consistent income? In this guide, we will show you how to leverage Binance Spot to earn $50 per week, even if you are just starting out.
📘 Step 1: Learn the Fundamentals of Spot Trading
• What is spot trading? : This is the direct buying and selling of cryptocurrencies without leverage. You buy an asset and hold it until the price increases to sell it at a profit.
• Familiarize yourself with basic terms such as stop-loss, supports, and resistances. Binance Academy is a great free resource to learn.
🪙 Step 2: Select the right cryptocurrencies
• Choose assets with high liquidity and moderate volatility: Cryptocurrencies such as $BTC, $ETH or $BNB are generally good options for beginners.
• Look for projects with positive news or strong fundamentals to increase your chances of success.
🔍 Step 3: Identify market trends
• Use free tools like Binance Chart to analyze trends.
• Simple patterns for beginners:
• Buy at support levels.
• Sell at resistance levels.
💡 Step 4: Set your daily goal
• To earn $50 per week, you need an average of $7-8 per day.
• Start with a modest amount, like $500, and aim for a daily return of 1.5%.
🛠️ Step 5: Establish buy and sell orders
• Buy when prices are close to confirmed support.
• Use stop-loss to limit your losses if the price drops unexpectedly.
• Partially sell at resistance levels to lock in profits.
📊 Practical example
1. You identify that the price of BTC $ is at $95,000, with strong support at $94,500 and resistance at $96,000.
2. You buy 0.01 BTC at $95,000 ($950).
3. You sell 0.01 BTC when the price reaches $96,000.
4. Profit: $10 per trade. Do it 5 days a week and you will reach $50.
Remember: Cryptocurrencies are volatile, but with the right strategies, you can protect your portfolio and take advantage of opportunities.
Follow me for more tips, analysis and strategies to succeed in the crypto market!#MarketDownturn $XRP 
Signed Trader Jules Patrice📊
