Most people lose money trying to turn $10 into $100.
But there's a smarter way to approach it:
The 5 rules of smart crypto spot trading:
1. Start with what you can afford to lose
Your $10 is your tuition, expect to lose it while learning
2. Master one trading pair
Don't jump around. Pick $BTC /USDT or $ETH /USDT and learn its patterns.
3. Use the 1% rule
• Never risk more than 1% per trade
• Set stop losses religiously
• Take profits at predetermined levels
4. Focus on risk management first
Winners in crypto aren't the best traders. They're the best risk managers.
5. Track every trade
• Entry price
• Exit price
• Reason for entry
• Reason for exit
The reality:
Turning $10 into $100 requires 900% returns.
That means taking massive risks that will likely blow up your account.
Instead:
Focus on consistent 1-2% gains.
Let compounding do the heavy lifting.
Build your skills before your balance.
The path to crypto trading success isn't sexy.
But it works.
Remember:
If it sounds too good to be true, it probably is.
Want more insights like this? Follow me for practical trading & investing wisdom.
Enjoy this? ♻️ Repost to help your network.