How do I make $100 on Binance with $30 as a beginner?💰
How do I trade cryptocurrency on Binance and make profit? I'm a beginner.
I have been trading crypto currencies on Binance for a 6+ years now.
As an experienced trader, I can tell you that trading crypto currencies on Binance has been a roller coaster of super crazy highs and lows. I have watched some crypto pairs rise 11,000%, 800%, 200%, and even 5% on some days.
At times I have managed to multiply my money 400% in a week and other times I have snagged a 5% profit in a week.
I am not a major crypto hodler.
Despite the high volatility of cryptos, I have chosen to remain a crypto trader rather than a hodler because I need my money to be circulating in and out of a venture for it to best benefit me and my situation. I simply cannot sit around as I wait months or years even for crypto to rise and for me to watch it go through these crazy highs and lows.
For these reasons, I needed a strategy that could best suit me. And after some experience, I came up with this one.
I trade my crypto on Binance. After a few months of interacting with the platform, I noticed that at least 50 different trading pairs manage a 10-20% rise daily. Some even go to crazy highs of 800% in one day. on some occasions! Some selected few manage 100% rises while others do between 40% and 80%.
My focus at this point is usually on the ones that rise 10-20% daily as they are the regular occurrences and the purpose of this story. This strategy applies only to spot trading.
