From $100 to $1000: How to grow your account:

Growing your account from $100 to $1000 is achievable, but requires a strategic approach. Here’s a four-step guide to get you on the right track.

1. Choose a reliable cryptocurrency exchange

First things first, it's best to opt for exchanges with a proven track record of security and reliability. Try to research the available exchanges, considering factors such as fees, user interface, and security features. If you’re not sure where to start, explore the best crypto exchanges trading platforms.

2. Learn a trading strategy

Diversify your approach by exploring various trading strategies. Scalping, day trading, swing trading, or long-term holding (HODLing) are all viable strategies, each with its own risk profile. Choose a strategy that aligns with your risk tolerance, time commitment, and market outlook.

3.Create a trading plan

Develop a detailed trading plan that encompasses your entry and exit points, risk management strategies, and realistic profit targets. If you're not sure how to create a trading plan, here are 5 questions to guide you in formulating an effective strategy:

4. Compound your profits

The power of compounding can exponentially accelerate the growth of your portfolio. Reinvesting your profits enables you to earn returns not only on your initial investment but also on the gains generated. This compounding effect can snowball over time, contributing to substantial account growth.