๐. ๐๐๐ ๐ข๐ง ๐๐ข๐ญ๐ก ๐๐ฎ๐๐๐ข๐๐ข๐๐ง๐ญ ๐๐๐ฉ๐ข๐ญ๐๐ฅ
โข To aim for $300 daily, youโll need a solid starting investment. Aiming for 1-3% profit per day, expect to trade with around $10,000-$30,000.
โข For example, a 1% gain on a $30,000 portfolio equals $300 in daily profit.
๐. ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐ข๐ ๐ก-๐๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ ๐๐๐ข๐ซ๐ฌ
โข Prioritize cryptocurrencies with high liquidity and trading volume. Stick to major pairs like BTC/USDT, ETH/USDT, or stablecoins for smoother execution and less slippage.
โข Target assets with strong price momentum and volatility for more profitable entry and exit opportunities.
๐. ๐๐ฌ๐ ๐๐๐ฒ ๐๐ซ๐๐๐ข๐ง๐ ๐๐ง๐ ๐๐๐๐ฅ๐ฉ๐ข๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ
โข *Day Trading:* Buy and sell within the same day based on short-term price movements. Utilize technical tools like RSI, MACD, and Moving Averages for precise timing.
โข *Scalping:* Focus on quick trades that capitalize on small price changes. This requires sharp timing and attention to bid-ask spreads.
๐. ๐๐๐ข๐ง๐ฏ๐๐ฌ๐ญ ๐๐จ๐ฎ๐ซ ๐๐ซ๐จ๐๐ข๐ญ๐ฌ
โข Reinvest your daily gains to grow your capital and profits. If you earn $300 one day, add that to your capital for the next trading session.
โข For instance, starting with $10,000 and earning $300 boosts your balance to $10,300, compounding your future gains.
๐. ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐ข๐ญ๐ก ๐๐๐ฎ๐ญ๐ข๐จ๐ง (๐๐ฉ๐ญ๐ข๐จ๐ง๐๐ฅ)
โข Platforms like Binance offer leverage to control larger positions with less capital, but it comes with added risk.
โข If used wisely, leverage can enhance profitsโ5x leverage can turn a 1% price movement into a 5% gain. Always use stop-loss orders to manage risk and avoid liquidation.
๐. ๐๐๐ง๐๐ ๐ ๐๐ข๐ฌ๐ค ๐๐๐๐๐๐ญ๐ข๐ฏ๐๐ฅ๐ฒ
โข Protect your capital with stop-loss orders and limit exposure to no more than 1-2% of your portfolio per trade.
โข Diversify across various assets to minimize risk and avoid overexposure to a single market or pair.