#### Simple Strategy for Earning on Cryptocurrency
Want to try to earn on cryptocurrency but don't know where to start? Here are some simple steps to help you enter this world.
#### 1. Deposit Funding
Fund your deposit, for example, once a week with an amount of $5-$10. You don't have to invest large amounts that hit your pocket or family budget.
❗This will allow you to gradually accumulate capital and manage risks.❗
#### 2. Division of Funds
Divide this money to purchase, for example, five different coins (it's not advisable to buy one coin with the entire deposit).
Buy coins (on Spot) during periods when the market is "red", meaning it is going down. This will help you purchase assets at lower prices.
#### 3. Flexible Interest (Fixed)
If the market is currently "green" (going up) and you do not want or are not ready to buy coins at the moment, transfer money from your mobile wallet to the earn wallet under flexible (fixed) interest terms. This will allow you to earn interest on your funds while you wait for the right moment to buy.
#### 4. Accounting for Market Changes
When the market goes down, transfer money back to the spot wallet and make a purchase. This way, you can take advantage of lower prices.
#### 🟢 5. Averaging the Rate
Don't forget about the dollar-cost averaging strategy. This means regularly buying small amounts of cryptocurrency, which helps smooth out the impact of market fluctuations and reduce the risk of significant losses.
**Example**:
Suppose you decide to invest $10 each week. Divide this amount to buy five different coins, for example, Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polkadot (DOT), and Solana (SOL). In the first week, when market prices are going down, you buy $2 of each of these coins.
In the next week, if the market is still "red", you again buy $2 of each of these coins. If in the third week the market turns "green", you transfer money to the earn wallet under flexible interest terms, and wait for the next suitable moment to buy. Thus, you accumulate different cryptocurrencies at an average price, reducing the risks associated with large price fluctuations.
#### 6.‼️ Risks of Futures‼️
Futures can be very risky, especially for beginners. Trading futures requires a deep understanding of the market and significant experience. Beginners are strongly discouraged from trading them due to the high level of risk.
By following these simple tips, you can start your journey in the world of cryptocurrencies and learn to manage your investments more effectively. Good luck! 🚀
Wishing everyone well!