First of all, thank you, my last post got a great response from all of you, and I'm really excited to continue sharing more educational and valuable content! 🙌 I'm sharing the experience I've gained from working in the cryptocurrency market. I've seen what works and what doesn't, especially for beginners.
I see a lot of new traders losing money, and it really worries me. If you are just starting out in crypto, let me guide you on how to keep your money safe.
⚠️ Don’t jump into futures trading just yet It may sound exciting, but futures trading is extremely risky, and many beginners lose their hard-earned money. Instead, focus on spot trading where you can learn and grow safely.
So, what is spot trading? 🧐
It’s very simple: in spot trading, you buy a currency and sell it when the price goes up. No borrowing, no big risks. If you have $500, that’s more than enough to earn $20-30 a day! Yes, with just $500, you can slowly build your profits.
👉 How to earn $30 a day?
This is the strategy.. I teach it to my students too and I'm happy to share it with you all!
Use $500 for spot trading.
Set a goal of making a profit of 2% on each trade (i.e. $10 per trade).
Repeat this for three trades a day, and you can easily make $30!
It sounds easy, right? But you have to follow some clever tricks.
👉Okay, now find the right currency to trade:
1. Open Binance (or your preferred exchange).
2. Go to the “Top Gainers” section and browse for coins that are up 2% - 4%. These coins are showing strong momentum.
3. Choose a currency, but don’t rush. Do some quick technical analysis to find a good entry point. Buy the currency when it is at support and sell it when it hits resistance and aim for a 2% profit. It’s not that hard.
👉 Why does this strategy work for beginners?
It's simple, it's secure and you can manage the risks.
You don't need advanced knowledge, just follow the best winners and trade according to a clear plan.
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