$BTC
How to Spot a Coin Likely to Boom in 15 Minutes: A Simple Two-Step Strategy
If you're new to trading, it can be tough to figure out which coins might rise in the next 15 minutes to 1 hour. But with a simple strategy, you can increase your chances of success. This guide is perfect for spot trading and quick trades.
Step 1: Find the Right Coin
1. Go to Binance and open the Markets section.
2. Split your investment into three equal parts.
3. Set the chart to a 1-hour timeframe and sort the coins by the biggest gainers.
4. Look at the biggest gainer on a 5-minute chart:
If the price is falling, it might be a good time to jump in.
If the price has gone up by 3-5% in the past hour, it could be worth buying.
Step 2: Smart Investment Strategy
1. Invest the first third of your funds into the chosen coin.
2. If the price drops by 2%, invest the second third. If it drops another 2%, invest the final third.
3. Exit the trade when the price reaches your mid-point entry price to minimize losses.
4. For coins that are rising, set your take-profit target at 3-5%.
Final Tip:
Stick to the strategy and be disciplined. On average, you can expect:
5-7 profitable trades out of 10.
3-5 trades with little or no profit, or small losses.
By following this simple approach and analyzing coins carefully, you can make more consistent trades.
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