**1. Set Achievable Profit Goals**

Goal: $100 per day.

Approach: Aim for multiple trades. For example, target 4 trades with $25 profit each or 2 trades with $50 profit each.

**2. Determine Your Capital**

Start with at least $10,000 for a more secure trading experience. If you have less, be prepared for higher risk to reach your $100 target.

**3. Choose the Right Assets**

Focus on high-volume cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). These assets offer better liquidity and price movement, allowing for smoother trades.

**4. Select Your Trading Strategy**

- **Day Trading**: Execute trades within minutes or hours.

- **Scalping**: Perform several small trades aiming for $10-$25 profit each.

- **Breakout Trading**: Trade when prices break through significant levels.

- **Swing Trading**: Hold trades for 1-2 days if the trend is favorable.

**5. Utilize Basic Technical Analysis**

Use these tools to inform your trades:

- **Moving Averages**: Identify trends.

- **RSI**: Assess whether a coin is overbought or oversold.

- **Bollinger Bands**: Gauge volatility.

**6. Manage Your Risk**

Avoid risking more than 1-2% of your capital on a single trade. For example, with $10,000, limit your risk to $100-$200 per trade. Implement stop-loss orders to minimize losses and take-profit orders to secure gains.

**7. Stay Informed**

Monitor market conditions, news, and updates that may influence prices. Utilize alerts and news aggregators for timely information.

**8. Diversify Your Trades**

Avoid concentrating your trades on a single cryptocurrency. Spread your investments across different assets to mitigate risk.

**9. Track Your Trades**

Maintain a trading journal to record and review your trades. This will help you analyze what works and where improvements can be made.

**10. Follow a Daily Profit Plan**

For example, with $5,000 capital and aiming for a 2% return:

2% of $5,000 equals $100.

Plan for 3 trades with $33 profit each.

With a disciplined approach and effective risk management, you can work towards achieving $100 in daily profits from spot trading.