How to Make $100 a Day Trading Crypto? ๐ค๐ธ
I've been trading cryptocurrencies on Binance for a few months now. As a beginner, I can tell you that it has been a roller coaster of super crazy highs and even more super crazy lows. ๐ข๐๐ I have watched some crypto pairs rise 11,000%, 800%, 200%, and even 5% on some days. ๐๐ฅ
At times, I have managed to multiply my money 400% in a week and then proceeded to lose all these gains the next because of the high volatility of cryptos. ๐ ๐
I am not a major crypto hodler simply because I cannot afford to be. I do ๐ธ๐ And I need my money to be circulating in and out of a venture for it to best benefit me and my situation right now. ๐
For these reasons, I needed a strategy that could best suit me. And after some experience, I came up with this one. ๐ก
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. ๐ Some even go to crazy highs of 800% in one day on some occasions! ๐ Some selected few manage 100% rises, while others do between 40% and 80%. ๐
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. ๐ฏ
The Strategy
Scenario 1
If you put in $1000 on Binance and track a 10% rise on one pair, you will have made $100. ๐ต Repeat this every day, and you will be making $100 a day, every single day. โ
Happy trading! ๐๐ฐ
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