Here are effective strategies to consistently earn $100 a day through crypto trading on Binance:
1. **Start Small and Learn:** Begin with a modest investment to familiarize yourself with Binance's platform. Utilize demo accounts and resources like Binance Academy to build your skills.
2. **Focus on Liquidity:** Trade high-liquidity cryptocurrencies such as BTC, ETH, or BNB to facilitate easy trade entries and exits, minimizing price slippage.
3. **Use Limit Orders:** Opt for limit orders over market orders to control transaction prices, maximizing profit potential by setting precise buy or sell points.
4. **Leverage Market Trends:** Monitor market trends and news using tools like TradingView charts. Identify bullish patterns for early buy-ins and bearish trends to preemptively sell.
5. **Set Realistic Goals:** Aim for consistent, incremental gains rather than aiming for large profits. Compound small successes to steadily increase earnings.
6. **Risk Management:** Safeguard your capital with stop-loss orders and diversify your portfolio to mitigate risks across different assets.
7. **Stay Updated:** Stay informed with the latest market developments and Binance updates. Follow respected traders and engage in Binance communities for valuable insights.
8. **Utilize Binance Earn:** Explore Binance Earn options such as staking, savings, and liquidity farming to generate passive income from your crypto holdings.
9. **Practice Patience:** Avoid chasing losses or making impulsive trades. Stick to your trading plan and exercise patience. Missing a trade is preferable to rushing into a loss.
10. **Continuous Learning:** Commit to ongoing education in trading strategies, technical analysis, and market psychology. Enhanced knowledge improves decision-making and boosts trading effectiveness.
By implementing these strategies diligently and maintaining discipline, you can work towards achieving consistent daily earnings of $100 or more through crypto trading on Binance. $BNB
A trader made a remarkable profit of $3,000,000 in just 30 minutes 💰 - They bought 81.78M $BAKED tokens spending 70 $SOL ($9,923). - Within the same timeframe, they sold the tokens for 21,581 $SOL ($3.06 million), resulting in a profit of 21,511 $SOL ($3.05 million). According to #lookonchain, this trader had previously traded 3 tokens, with losses on 2 of them. Currently, #BAKED has dropped approximately 70%. Who could this person be?
Shiba Inu (SHIB) has seen a surge in on-chain volume, notably from Coinbase transactions accounting for 10%. Recently, Coinbase's hot wallet executed two substantial transactions totaling 260 billion SHIB, valued at approximately $402 million. This activity suggests renewed interest or significant fund redistribution among large holders. Analysis shows an increase in large transactions, potentially involving institutional investors reacting to market changes. Despite SHIB facing downward pressure on the SHIB/USDT chart, the recent spike in transaction volume indicates increased liquidity and investor attention, hinting at a potential market stabilization or turn around. $USDC $SOL $BNB
Top Altcoins Poised to Reach All-Time Highs in July 2024
As Bitcoin rebounds to $60,000, the market anticipates a bullish trend. Low-cap altcoins are showing significant momentum, potentially surpassing previous all-time highs. Here are our top picks based on technical analysis and market sentiment:
**1. Pendle (PENDLE)** - Market Cap: $762 million - Current Price: $4.92 - Recent Trends: Recently broke below the 50-day EMA, indicating a downtrend. - Potential: If Pendle breaks out of its current falling channel, it could target $9.16 and potentially even $10.
**2. Bitget Token (BGB)** - Intraday Growth: 5.57% - Current Price: $1.21 - Recent Trends: Establishing higher lows and reclaiming the 50-day EMA. - Potential: Could surpass $1.48 in the short term, with an eye on reaching $2.
**3. ONDO (ONDO)** - Current Price: $1.11 - Recent Trends: Formed a triple bottom and supported by the 50-day EMA. - Potential: ONDO might break out towards $1.552, aiming for $2 based on Fibonacci retracement levels.
These altcoins exhibit promising trends and have the potential to achieve new highs by July 2024. Keep an eye on these opportunities as the market dynamics unfold. LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT
2 Cryptocurrencies to Turn $100 into $1,000 for End of 2024 Solana (SOL) Current Price: Dynamic Solana has been popular for new blockchain projects but faces criticism and potential legal issues. Despite concerns over wash trading, Solana's ecosystem saw a surge in interest after VanEck’s plans for a trust were unveiled. Solana is also a strong candidate for an ETF approval, which could drive its price up significantly by the end of 2024. --- XRP (XRP) Current Price: Dynamic XRP's price has been held back by a prolonged legal battle between Ripple and the SEC. However, recent developments, including a U.S. Supreme Court ruling limiting the SEC’s authority, have bolstered XRP’s potential for a significant price surge, especially if Ripple wins its legal battles. ---
2 Cryptocurrencies to Turn $100 into $1,000 for End of 2024
Solana (SOL) Current Price: Dynamic Solana has been popular for new blockchain projects but faces criticism and potential legal issues. Despite concerns over wash trading, Solana's ecosystem saw a surge in interest after VanEck’s plans for a trust were unveiled. Solana is also a strong candidate for an ETF approval, which could drive its price up significantly by the end of 2024. --- XRP (XRP) Current Price: Dynamic XRP's price has been held back by a prolonged legal battle between Ripple and the SEC. However, recent developments, including a U.S. Supreme Court ruling limiting the SEC’s authority, have bolstered XRP’s potential for a significant price surge, especially if Ripple wins its legal battles. ---
Coin 1: ONDO Ondo is anticipated to experience a price rally soon. Despite a recent 18% drop from its June 3 peak of $1.48, recent developments indicate a bullish trend. With a realized cap of $1.15 billion and a market cap of $1.7 billion, Ondo shows potential for price growth. --- Coin 2: Near Protocol Launched in 2018, Near Protocol is gaining traction due to increased network activity and user adoption. Recent data indicates a breakthrough in user engagement, with sustained net inflows suggesting growing confidence in Near's future. --- Coin 3: Sui Sui, a layer-1 blockchain, has partnered with Copper, a leader in digital asset custody. This partnership aims to enhance asset management and security for institutional finance, starting with the USDY stablecoin. This development is expected to boost Sui's market position. $NEAR $SUI
3 Altcoins You Should Keep an Eye on in July 2024 1. Toncoin (TON) Toncoin, the native token of Telegram, has been a top performer this quarter. With its price currently at $7.6, it is on the verge of breaking its previous all-time high of $8.2. The existing uptrend has shown resilience, establishing a solid support floor, and TON could potentially exceed $8.5 if this trend continues.
2. Notcoin (NOT)Another token linked to Telegram, Notcoin (NOT), has demonstrated significant growth with a 317% rally post-launch. Currently trading at $0.015, it has broken past a recent downtrend. If the uptrend holds, NOT could aim for $0.020. However, failing to maintain the support at $0.013 could invalidate the bullish outlook.
3. Solana (SOL) Solana has garnered substantial institutional interest, with $3.3 million in inflows as of June 21, 2024. Trading at $141.9, it could potentially break resistance at $156 and aim for $169. The altcoin’s demand highlights its competitive edge over rivals like Litecoin and Chainlink.
Whale Alert: Major $PEPE Sell-off A significant transaction has been detected involving a large amount of Pepe Token ($PEPE ). A whale has transferred 333,900,000,000 $PEPE , valued at approximately $3.8 million, from the address 0x06b2 to the cryptocurrency exchange Binance. Key details of the transaction: - Amount Transferred: 333,900,000,000 $PEPE - Current Value: $3.8 million - Sending Address: 0x06b2C9bbFe15B368133DD1BF6Fe10F274566836A - Previous Acquisition: 333,900,000,000 $PEPE ($4 million) 5 days ago This large transfer indicates a substantial sell-off of $pepe by the whale, reflecting a notable loss over the past five days.
1. Market Analysis: Study $PEPE coin's trends and market depth to identify favorable buying opportunities.
2. Stay Informed: Monitor news for updates that could influence $PEPE's price movements.
3. Timing Matters: Use technical analysis and market indicators to pinpoint the best time to buy.
4. Manage Risk: Cryptocurrency investments are volatile; invest cautiously and diversify your portfolio. 5. Secure Your Investment: Protect your funds with secure wallets and exchanges LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. . $BTC $USDC $SOL
Binance Coin (BNB) comes next, having decreased by 1.84% to $567.5.
Most other coins on this list are down around 1%
Bitcoin (BTC)’s price saw a 1.7% decrease, currently trading at $60,699.
At the same time, Ethereum (ETH) is down 0.8%, changing hands at $3,370.
Meanwhile, US Securities and Exchanges Commission may greenlight spot Ethereum ETFs by July 4 if discussions between investment firms and regulators are finalized.
Elsewhere, in May, crypto exchange-traded funds (ETFs) and exchange-traded products (ETPs) listed globally saw inflows of $2.2 billion. This brings year-to-date net inflows to a total of $44.50 billion. $BTC $ETH $BNB
Defi platform DTX raises $730k in weeks as Bitcoin miners sell BTC holdings
As Bitcoin miners sell billions in holdings, causing BTC to lose key support levels, DTX Exchange emerges as a promising opportunity for 100x gains.
Bitcoin miners have significantly contributed to the BTC price downfall by liquidating billions in Bitcoin holdings. This led to a 14-year low in reserves of Bitcoin miners, raising concerns among market experts. However, an emerging tradFi giant DTX Exchange witnesses massive capital influx as investors shift focus to its new features and technologies.