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âą To aim for $300 daily, youâll need a solid starting investment. Aiming for 1-3% profit per day, expect to trade with around $10,000-$30,000.
âą For example, a 1% gain on a $30,000 portfolio equals $300 in daily profit.
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âą 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.
âą Target assets with strong price momentum and volatility for more profitable entry and exit opportunities.
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âą *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.
âą *Scalping:* Focus on quick trades that capitalize on small price changes. This requires sharp timing and attention to bid-ask spreads.
đ. đđđąđ§đŻđđŹđ đđšđźđ« đđ«đšđđąđđŹ
âą 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.
âą For instance, starting with $10,000 and earning $300 boosts your balance to $10,300, compounding your future gains.
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âą Platforms like Binance offer leverage to control larger positions with less capital, but it comes with added risk.
âą If used wisely, leverage can enhance profitsâ5x leverage can turn a 1% price movement into a 5% gain. Always use stop-loss orders to manage risk and avoid liquidation.
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âą Protect your capital with stop-loss orders and limit exposure to no more than 1-2% of your portfolio per trade.
âą Diversify across various assets to minimize risk and avoid overexposure to a single market or pair.