How to do 10 trades at a time with a budget of only 100 USDT ? Let me explain this for you.
Many people entering the crypto market think that 100 USDT budget is quite small to earn anything. That's a fallacy.
If you manage those 100 USDT with proper analysis and calculations, you can at least generate 10 USDT in one day (not daily, because you win a few days and you lose a couple of days). To achieve this target, you have to be disciplined as well as patient.
Now coming back to the point, let's see how can 10 trades be run with a budget as small as 100 USDT.
> Range: Before defining the lower and upper price of the coin in which you are going to put your money, you must decide which direction you think the coin will go from here. For long position, your upper limit should not be too high from the current price. For short, your lower limit should not be low from current price. For neutral position, you can set both limits such that the current price is perfectly between both limits but take this position only if a coin is moving sideways and there are no signs of pump or dump.
> No. of Grids and Leverage: This is very critical because it plays a major role in how much USDT will you need to put in this trade. You can arbitrarily choose various Grids combinations with Leverage to see which combination fits your needs better. For example, let's say you choose 20 number of Grids initially with 50x leverage after defining the Range as described above. However you see that this combination requires a minimum of 20 USDT but you want to put only 10 USDT in this trade. So you can try different combinations and see which combination suits you the best. Pro Tip: Keeping your leverage at the lowest rate possible will help you avoid liquidation in case the market swings heavily in opposite direction.
By following above points, it is 100% possible to do 10 trades at a time with a budget of only 100 USDT.
Thank you for reading this message. I hope you will benefit from this post in the days ahead.
This is why I always tell you to go for NEUTRAL trades.
I am seeing people posting their losses from $FRONT .
People who were on SHORT got liquidated while my group members take this kind of pump as an opportunity to take profits at every step when a coin starts the downward journey.
We will probably see some green candles after BTC reaches down to $55,000 and I see no chances of #BTC going below $50,000 as many people posting here.
It's a good time to buy some Alts doing DCA. Some of the good candidates are:
What I do basically is wait for a coin to become ripe enough for a NEUTRAL trade and then I only invest around 30$-50$ with number of grids sufficient enough to fetch me more than 20% profit within 24 hours. Usually I set up 15-20 trades of 30$-50$ each to make sure my capital is divided among different coins. This way I make daily profit by closing trades which are GREEN and keep the trades running which are RED. After 2-3 days the RED ones then give a bigger profithan the trades who turn GREEN within 24 hours.
My followers already know that 99% of my trades are NEUTRAL. I do not LONG or SHORT because there is so much uncertainty in the crypto market.
Stupid people posting stupid stuff every other minute on this platform. Fellows, don't you see it yourself that this unpredicted correction has exposed all frauds here and now they are trying hide behind their stupid posts ?
Now hold on and listen, specially the small retail traders ... !
Look, no one is willing to buy the $BTC above 72,000+ and no one is willing to sell it below 55,000. This what we are seeing for almost a couple of weeks or so. This is so clear my dear fellows then why are you getting upset about BTC going down to 35,000 as many fraud experts are unwisely predicting in their posts.
All you have to do is stop trading in #futures at the moment and buy good projects doing #DCAStrategy . As we move closer to #bitcoinhalving and beyond, the market will definitely swing your way. Only thing which can stop the market going up is large scale conflict involving the whole of Middle East plus big powers. Otherwise the firms like #BlackRock or #GrayscaleETF are not fool or newbies to invest this much in $BTC or $ETH like projects.
Losing $1,000 out of stolen $10,000 isn't as painful as losing $100 out of hard earned $1,000 or $10 out of hard $100 budget because of the 'significance' of those $100s and $10s for small retail traders.
Fake crypto gurus and experts wouldn't understand that because whatever they are losing in this dump isn't theirs. They are losing only what they have stolen from small retail traders on the name of PREMIUM GROUP Subscriptions. All they can offer you during this dump is that 'look we already told you this'. I can see no one of the Crypto Guru is posting any FREE signal now because they are as clueless as they were before. 🤣🤣🤣 where are your so called CHART Analysis now? You have been exposed so badly this time.
Thank God, most of them are now have empty wallets which were full of money stolen from hard working people.
My request to small retail traders: please stop paying these robbers, this is your hard earned money which isn't meant to be thrown away like this. All I can say is to wait until the dust settles in the Middle East and at least 75% of the cryptocurrencies turn green at 4H timeframe. Till then, just sit and laugh at the fake Gurus who keep on posting $hit at this platform to cover their badly exposed a$ses.
"I told you" , "I warned you" , "I said this, I said That"......
every self proclaimed EXPERT and GURU of crypto is posting this $hit on Binance Square since yesterday although they don't know a $hit or two about the market. every Guru is in loss but they don't share their losses due to fear of losing their followers and SUBSCRIBERS. they are more dangerous than the whales because they directly steal from small retail traders.
Stop following or paying these fake experts who are still claiming that they predicted this market crash based on CHARTS Analysis while they never had an idea the crash would be too severe due to geopolitical factors.
Let's take your confusion out by understanding the technicality behind No. of Grids.
While placing any Future trade using Future Grids bot, you have to set 4 parameters according to your budget. One of the parameters is "No. of Grids" while other 3 are "Range", "Leverage" and "Amount of USDT".
Many people find it quite confusing what is the optimal value for Grids parameter. Whether we should go for maximum No. of Grids or should we resort to minimum number ? Friends, let me explain this for you in a very easy manner.
First of all, make sure to turn the "chart" ON for the coin on tab/screen where you set the parameters. By turning the chart ON for you will give you a visual idea of how quickly or slowly your trades will be completed during the course of your Long, Short or Neutral position. I have done it for you in the attached picture.
The lines showing in the picture show the price where your trading bot will pick up a trade. The closer the lines the more quicker your bot will pick up the trades. The wider the lines the more slowly your bot will pick up the trades. But this does not just end here. Picking up a trade is only one part of the position, completing the trade is the second and crucial part of the trade because this is where your realized PnL is decided.
To elaborate further for your understanding, please note that every trade has to have two legs:
Buy leg 🦵
Sell leg 🦵
(the above two terms are totally my own and I use them frequently whenever someone asks me to teach him/her. you can name them differently)
If a coin moves up, the trading bot is picking up the "Sell leg" for you. If the coin goes down after picking up the leg above, this will let the trading bot to pick up the second leg which I call "Buy leg". When the trading bot has picked up both legs, the trade is called "Matched Trade" and the resultant profit is added to your PnL amount.
If a coin keeps on moving in one direction such that it only keeps picking up one leg, the trades will not be matched. PnL will be negative.
I always like to share what I go through in actual. People sometimes come up here with a made up story just for the sake of likes and follows but they do not share their key to success or reason to failure.
This is really absurd, and dangerous too because this leads to highly irrational decisions.
For example, people like to share their profits here on Binance Square but do not talk about losses incurred. This leads to an unhealthy perception among new traders. They believe that trading is always a win-win game but the reality is totally different.
So, my request to all the influencers is that do not always show only one side of the coin to your audience.
BTC seems to be in a bit of 'stable' zone and will likely be oscillating between 66,250 and 68,500 to form a new base before moving on to it's previous ATH of 69,000+
High selling pressure at 68,500-69,000 is making it hard for BTC to breakthrough. Once it breaks through, the next crucial point is around 69,500-70,500 where we see a correction back to 67,000.
Meanwhile, the Dodge is going to be your beloved coin if you take positions wisely.
Today's 10% dip across the market earlier was just a reminder how quickly we can get liquidated if we don't invest wisely. Also, it was a mini pull-back with plenty of buying opportunities. Even if you have lost some money during this mini dump, I presume you have recovered the loss after that dip because market has been quite nice after the dip.
To get maximum returns during a Bull Run, you must be able to take profits at regular intervals. Additionally, you must know when to get rid of the position which isn't working for you despite holding on it for a considerable period of time.