LIVEGhion crypto
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I'm exited to have a bunch of dolar a few hours latter, hoping the listing price of #HAMSTR is not out of this domain 0.09-0.1! say you all good luck!đ
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đđŒđ đđŒ đ đźđžđČ $đđŹđŹđŹđŹ đŹđČđźđżđčđ đłđżđŒđș đŠđœđŒđ đ§đżđźđ±đ¶đ»đŽ.
đ. đđđ đ
đąđ§đđ§đđąđđ„ đđšđđ„đŹ
âą To Make $10,000 a year, you need to generate around $27.40 per day consistently. Break your target down into monthly or weekly milestones to track your progress and adjust your strategy.
đ. đđđđ«đ đ°đąđđĄ đđđđȘđźđđđ đđđ©đąđđđ„
âą The amount you can earn depends on your initial capital. For example, with a $5,000 trading capital, a 20% annual return would yield $1,000, so youâd need to achieve a higher return or have a larger capital to meet your goal. Risk management plays a key role in preserving and growing your capital.
đ. đ đšđđźđŹ đšđ§ đđąđȘđźđąđ đđđ«đ€đđđŹ
âą Choose high-volume trading pairs (like BTC/USDT, ETH/USDT) on platforms such as Binance, Coinbase, or Kraken. Liquid markets ensure tighter spreads and better price execution.
đ. đđđŻđđ„đšđ© đ đđ«đđđąđ§đ đđđ«đđđđ đČ
âą Swing Trading: Buy low, sell high over a few days or weeks.
âą Day Trading: Buy and sell within a single day.
âą Trend Trading: Follow longer-term market trends.
Make sure to use technical indicators like moving averages, RSI, and support/resistance levels to refine your strategy.
đ. đđđŻđđ«đđ đ đđđđĄđ§đąđđđ„ đđ§đđ„đČđŹđąđŹ
âą Learn to read charts and identify trends to make informed decisions. Tools like TradingView offer customizable indicators to help analyze market movements and trends.
đ. đđąđŹđ€ đđđ§đđ đđŠđđ§đ
âą Protect your capital with the 1% rule, which limits the risk per trade to 1-2% of your total capital. This ensures that even after a losing streak, you still have sufficient funds to continue trading.
đ. đđšđŠđ©đšđźđ§đđąđ§đ đđ«đšđđąđđŹ
âą Reinvest your profits to increase your account size over time. By compounding your returns, your profits grow faster as your capital increases.
đ. đđąđŻđđ«đŹđąđđČ đđšđźđ« đđšđ«đđđšđ„đąđš
âą Trade different assets such as Bitcoin, Ethereum, and other altcoins to spread risk. If one market underperforms, others may perform better.
đ. đđđđČ đđ§đđšđ«đŠđđ
âą Keep up with crypto news and market analysis to understand macro trends, regulation changes, or sudden volatility. Use tools like CoinMarketCap or CoinGecko to stay updated.
đđ. đđźđđšđŠđđđ đ°đąđđĄ đđšđđŹ
âą If youâre not able to monitor the markets all day, consider using automated trading bots. These bots can help execute your strategy 24/7, ensuring you never miss an opportunity.
By implementing these strategies consistently and staying disciplined, you could work toward achieving $10,000 yearly from spot trading.
#DODOEmpowersMemeIssuance #CATIonBinance
$DODO
$CATI
âą To Make $10,000 a year, you need to generate around $27.40 per day consistently. Break your target down into monthly or weekly milestones to track your progress and adjust your strategy.
đ. đđđđ«đ đ°đąđđĄ đđđđȘđźđđđ đđđ©đąđđđ„
âą The amount you can earn depends on your initial capital. For example, with a $5,000 trading capital, a 20% annual return would yield $1,000, so youâd need to achieve a higher return or have a larger capital to meet your goal. Risk management plays a key role in preserving and growing your capital.
đ. đ đšđđźđŹ đšđ§ đđąđȘđźđąđ đđđ«đ€đđđŹ
âą Choose high-volume trading pairs (like BTC/USDT, ETH/USDT) on platforms such as Binance, Coinbase, or Kraken. Liquid markets ensure tighter spreads and better price execution.
đ. đđđŻđđ„đšđ© đ đđ«đđđąđ§đ đđđ«đđđđ đČ
âą Swing Trading: Buy low, sell high over a few days or weeks.
âą Day Trading: Buy and sell within a single day.
âą Trend Trading: Follow longer-term market trends.
Make sure to use technical indicators like moving averages, RSI, and support/resistance levels to refine your strategy.
đ. đđđŻđđ«đđ đ đđđđĄđ§đąđđđ„ đđ§đđ„đČđŹđąđŹ
âą Learn to read charts and identify trends to make informed decisions. Tools like TradingView offer customizable indicators to help analyze market movements and trends.
đ. đđąđŹđ€ đđđ§đđ đđŠđđ§đ
âą Protect your capital with the 1% rule, which limits the risk per trade to 1-2% of your total capital. This ensures that even after a losing streak, you still have sufficient funds to continue trading.
đ. đđšđŠđ©đšđźđ§đđąđ§đ đđ«đšđđąđđŹ
âą Reinvest your profits to increase your account size over time. By compounding your returns, your profits grow faster as your capital increases.
đ. đđąđŻđđ«đŹđąđđČ đđšđźđ« đđšđ«đđđšđ„đąđš
âą Trade different assets such as Bitcoin, Ethereum, and other altcoins to spread risk. If one market underperforms, others may perform better.
đ. đđđđČ đđ§đđšđ«đŠđđ
âą Keep up with crypto news and market analysis to understand macro trends, regulation changes, or sudden volatility. Use tools like CoinMarketCap or CoinGecko to stay updated.
đđ. đđźđđšđŠđđđ đ°đąđđĄ đđšđđŹ
âą If youâre not able to monitor the markets all day, consider using automated trading bots. These bots can help execute your strategy 24/7, ensuring you never miss an opportunity.
By implementing these strategies consistently and staying disciplined, you could work toward achieving $10,000 yearly from spot trading.
#DODOEmpowersMemeIssuance #CATIonBinance
$DODO
$CATI
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!