The Binance Auto-invest allows you to make money while investing in crypto assets on a regular interval. This is termed "Dollar Cost Averaging", DCA strategy.

There are 2 main ways to use this feature;

1. The -$246+ way

2. The $246+ way

The difference is in the profits you make but I'll prefer you stick to startegy 2, unlike me.

Before we go deep into strategy 2, let me tell you the way I made -$246 by using the Auto-invest feature;

1. I started investing in tokens just before the crazy crypto crash.

2. This was not even the major crash, but the silent one. Tokens started losing value slowly.

3. Initially, I thought it wise to keep my Auto-invest plan running, about $20+ per day then or there about.

4. After a while, I checked and saw I was bleeding seriously. My portfolio was really injured.

5. Then it occurred to me, I had used some part of money I needed for other stuffs.

6. This was when I had to stop the plan and withdraw my funds, to use for other real life issues.

7. The good thing about Auto-invest is the| transparency you get. Profits or losses are clearly shown, so you can decide to continue or quit.

8. So now you know my story of how I made -$246+ with the feature.

9. One thing to note is that, auto invest plan buys assets for you. This means you can run into loss if the asset bought, continues to fall in price.

Ok, let's talk about how to make $246 or more. This is the recommended option anyway:

1. Invest for long-term and don't use money you would need any time soon

2. This means, you should have enough backup capital or a paying job etc...

3. Invest in no more than 10 coins, using two or three plans.

4. This will make you keep track of plans that are profitable.

5. Depending on your risk appetite, I prefer coins with good future. You can check our previous contents for suggestions (not financial advice anyway).

I hope this helps you in your journey to automated passive income. The potentials that crypto has can not be compared to traditional banks and their interest rates.

If you have any questions, let me know below

Have you tried using #autoinvest before?

Did you make profits or losses?

Which assets did you invest in?

Is your plan still running?

I'll be reading all comments below

Follow us 📍

Like and Share Post 📍

Disclaimer

This post is not a financial advice and is intended only for educational purposes. Please always do your own research (#dyor ) before Investing in any crypto currency 🙏.