#MarketBuyOrHold? Yesterday, I shared how I successfully recovered $120,000 within six months. Today, I’m breaking down the exact strategy I used so you, too, can aim to earn $20,000 per month.
My First Month Strategy
During my first month, I focused on three key approaches:
1. Investing in Newly Launched Coins
I actively researched cryptocurrencies about to hit the market. By buying these coins early and selling them after their launch, I capitalized on their initial growth potential.
2. Spot Trading on Dipped Coins
I purchased coins that had dropped 50% or more from their all-time highs, buying at discounted prices and holding them until the next bull run for significant returns.
3. Futures Trading with Strategic Targets
I used candlestick and chart pattern analysis to guide my trades in the futures market. My rule was simple: if I made $666 in profit within 24 hours, I would stop trading for the day and resume the next day.
This disciplined approach helped me earn approximately $20,000 in just one month.
Tips to Achieve $20,000 Per Month
Here are some actionable steps to replicate this success:
1. Research and Invest Early
Look for new coins about to launch, and invest in them as soon as they hit the market.
2. Buy the Dips
Focus on coins that have dropped significantly (50% or more) from their peak, as they often rebound during bull runs.
3. Master Futures Trading
Learn candlestick and chart pattern analysis, and seek expert guidance if needed.
4. Practice Before You Trade
Start with mock trades or practice accounts to gain confidence before trading with real money.
5. Set Daily Limits
Once you hit a daily profit target, stop trading to avoid unnecessary risks.
By staying disciplined, focused, and consistent, you can work toward achieving your financial goals and building a stable income stream. Remember, success in trading requires both strategy and patience.
#USGDPUpdate #BinanceHODLerTHE #BTCWatchZone $BNB