So you’ve decided to get into crypto?
Welcome!
My name is Ronald and I’ve been on this journey since October 2022 – just over two years. During this time, I’ve developed the strategy that has given me consistent gains, and I’ve decided to share it with you.
Today, I am among the top 2% of traders who are profitable on Binance. In one year, I grew my equity from $0 to $350. The following year, I reached $2,600, only reinvesting profits, without any new contributions.
Who am I?
I'm not rich. I'm a salaried employee, I work a 6x1 shift, and I'm 47 years old. Like many, I'm looking for financial freedom. I'm tired, and that's what motivated me to create a long-term plan – at least 10 years.
You can start with $1, $10, or $1,000. The important thing is to start.
The key to building an investment portfolio is discipline and consistency. Think of your present self as saving a treasure for your future self. In 10 years, you will be able to look back and be proud of your decision.
A practical example:
Let's assume that your purchasing power allows you to invest $100 per month. Here's a starting strategy:
1. Deposit the amount into your Binance account.
2. Split the amount equally between USDC and USDT stablecoins (minus fees).
You will now have $50 in USDC and $50 in USDT.
First step:
Set aside $10 of each stablecoin to invest in Simple Earn, where compound interest will work its magic. Reinvest these earnings monthly.
With the remaining $40 of each coin:
Invest $10 in Bitcoin (BTC),
$10 em Ethereum (ETH),
$20 in BNB (Binance's native token).
BNB is especially important because it allows you to participate in airdrops on Launchpool, when invested in 120-day locked investments or in Simple Earn. This generates additional earnings and puts new tokens directly into your wallet.
Put to render:
1. Go to Spot account, click "Earn" and set up automatic reinvestment for stablecoins, BTC and ETH.
2. For BNB, choose the Locked (120 days) option and reinvest the daily earnings in flexible mode. This way, you will have two sources of income: the locked one and the flexible one.
Portfolio Objectives:
USDT and USDC: $1,000 each on Flexible Earn.
BNB: 1 unit in Locked Earn.
BTC and ETH: Buy and invest as much as possible in Earn.
Over time, Launchpool airdrops will bring new opportunities, but that is a topic for another article.
Did you like it?
I hope this content has helped you. If you have any questions, leave them in the comments!
Follow me to get more tips and earning strategies. Let's go on this journey together!
Big hug,
Ronald
Araxa, January 2, 2025
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Glossary:
Stablecoin: Currency pegged to a fiat currency (1 token = 1 dollar).
Token: Digital currency that can be divided into up to 8 decimal places (e.g.: 0.00000001).
BNB: Binance's native token that generates new tokens on Launchpool when applied.
Launchpool: Binance's cryptocurrency launchpad.
BTC: Bitcoin.
ETH: Ethereum.
If you have any questions, just ask!
