#BitwiseBitcoinETF

Turning $10 into $100 in one week through Spot Trading is not impossible, but it involves very high risks and requires a clear strategy and great trading skill. Below are the steps you can consider to achieve this, with an emphasis on risk management:

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1. Choose coins carefully

Look for coins with high volatility: coins that move quickly and dramatically (like coins with a small market cap) can provide greater profit opportunities.

Follow the news: coins that are experiencing positive events (like updates to their projects or new listings) are more attractive to traders.

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2. Use the capitalization strategy

The goal is to achieve small recurring profits and then reinvest them.

Example:

Start with $10 and get a 10% profit (it becomes $11).

Reinvest, etc. in each trade.

After 7 to 10 successful trades with 10% each, you will be able to reach your goal.

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3. Clearly define entry and exit points

Use technical analysis:

Support and resistance: determine the buying and selling levels.

Technical indicators: like RSI (to identify overbought/oversold) and MACD (to identify trend).

Do not start a trade without setting Stop-Loss and Take-Profit in advance.

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4. Choose the right moments to trade

Aim for peak hours, such as when the US or Asia markets open, when trading volume is higher.

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5. Manage risks firmly

Do not risk all your capital in a single trade.

Divide the capital into several trades (3-5 trades).

Commit to a loss that does not exceed 5-10% of your capital per trade.

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Practical example (scenario):

6. Choose a coin like $PNUT

2. Buy at a strong support level (for example, $0.0020).

3. Set your first target ($0.0022) and your expected profit will be 10%💸.

4. Repeat the process periodically with other volatile coins.

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🚨Important warning:

The cryptocurrency market is very volatile and losses can happen as quickly as gains can be made.

This method is not recommended for beginners.

Invest only what you can

You cannot bear your loss.

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