How to Make $100 Daily from Spot Trading: A Practical Guide
**1. Set Achievable Profit Goals**
**1. Set Achievable Profit Goals** Goal: $100 per day. Approach: Aim for multiple trades. For example, target 4 trades with $25 profit each or 2 trades with $50 profit each.
**2. Determine Your Capital** Start with at least $10,000 for a more secure trading experience. If you have less, be prepared for higher risk to reach your $100 target.
**3. Choose the Right Assets** Focus on high-volume cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). These assets offer better liquidity and
❤️❤️ If you're new to Binance and wondering how to grow $1, there are a few simple ways you can get started. 💜💜
**1. Spot Trading** Spot trading is the most straightforward type of cryptocurrency trading, where you buy and sell assets at their current market price. To begin, just sign up on Binance and deposit $1. After that, you can start trading cryptocurrencies. The basic strategy is to buy when prices are low and sell when they rise. Keep in mind, though, that spot trading carries risks, and you might lose your investment.
**2. Staking** Staking offers another opportunity to earn. Here, you essentially "lend" your crypto to Binance and receive interest in return. Head over to the "Earn" section on Binance, pick the "Staking" option, choose the crypto you want to stake, and decide how long you want to lock it up. The interest rate depends on which crypto you're staking and the duration. Most rewards are paid in the same cryptocurrency that you staked. While staking is generally lower-risk, note that your assets will be locked until the staking period ends, meaning you can’t trade them during that time.
**3. Binance Launchpad** Binance Launchpad gives you early access to new cryptocurrency projects. Investors can buy tokens from these projects before they get listed on Binance’s main exchange. To join a Launchpad sale, you’ll need to hold a certain amount of Binance Coin (BNB), with the required amount varying by project. While Launchpad sales can offer huge potential returns, they come with high risk as prices can fluctuate significantly.
**Crypto Trader's $1 Million Investment Shrinks to $9,200 in Just an Hour!**
A crypto trader saw a $1 million investment evaporate within an hour after buying a meme coin called MBAPPE on the Solana blockchain. The value of the investment plunged to just $9,200 as the price of the MBAPPE coin collapsed. The coin, which falsely appeared to be associated with French footballer Kylian Mbappé through a compromised social media account, was later revealed to be a scam.
This situation highlights the extreme risks involved in investing substantial amounts in unverified digital assets and the potential dangers of market manipulation and low liquidity.
If you're aiming to generate $3,000 a month in cryptocurrency without engaging in trading, there are several legal and legitimate strategies to explore:
1. **Investing in Cryptocurrency:** Investing in established cryptocurrencies like Bitcoin or Ethereum has proven profitable for many. However, it's important to acknowledge the risks involved. Conduct thorough research and make informed choices, focusing on projects with solid fundamentals and long-term growth potential. Patience is key, as significant returns often require time.
2. **Staking:** Staking allows you to earn rewards by holding a specific cryptocurrency in a wallet to help secure the network. Many blockchain projects offer staking incentives, making it a popular method for generating passive income.
3. **Cryptocurrency Mining:** If you're technically inclined, mining can be a viable option. This process involves solving complex problems to validate transactions and add them to the blockchain. Mining requires specialized hardware and can be resource-intensive, so it's crucial to weigh the costs against potential earnings.
4. **Decentralized Finance (DeFi) Projects:* DeFi platforms provide various opportunities to earn cryptocurrency. You can lend your assets to earn interest or provide liquidity to decentralized exchanges in exchange for fees. The rapidly growing DeFi sector offers numerous passive income opportunities.
5. **Freelancing in the Crypto Space:*The rise of cryptocurrency and blockchain technology has created a demand for skilled professionals in the industry. Whether you're a content writer, marketer, developer, or consultant, leveraging your expertise in the crypto space can be highly rewarding.
**Final Thoughts:* Earning $3,000 a month in cryptocurrency without trading requires commitment, research, and a willingness to experiment. Keep up with market trends, explore different avenues, and manage your risks carefully. Always conduct due diligence before investing or getting involved in any crypto-related activities. Good luck on your journey to earning in the cryptocurrency world.
In Pakistan recently, an incident occurred where a person bought USDT from us on Binance P2P. We received a CNIC picture and a mobile number from the buyer. The Binance and bank names matched. However, the next day, our bank account was frozen.
When we contacted the bank, they informed us about the transaction details. We provided the CNIC received during the transaction and a written statement explaining that we offered freelance services like software activation and Amazon gift cards.
A few days later, the bank revealed that the sender had been offered 10,000 Rs monthly to open an account and provide details. The person, who was poor, agreed and created a Binance account in his name. The person who made the offer committed fraud with five different people. The fraudster received PKR in the poor man's bank account and then bought USDT. The scheme involved five individuals. The bank advised us to refund the amount immediately for our safety, stating this would show we were unaware of the source of the money, thus protecting us.
The fraud targeted a businessman who filed an FIR. The police apprehended the account holder, who then revealed the truth. The gang remains at large.
Solution: For P2P sellers on Binance, always request a video of the account statement showing the last seven days' transaction history. If no payments have been received from others, proceed with the trade; otherwise, cancel it.
It took me four years in the crypto market to learn these lessons, and you only need two minutes to read them:
1. Regardless of the market's condition, one constant remains: 8% of individuals will always share 21 million Bitcoins. 2. Mastering financial management, capital management, and risk management is exponentially more critical than perfecting technical analysis or conducting crypto research. 3. There are numerous ways to earn from the crypto market passively. Trading shouldn't be your sole focus.
#Bitcoin has averaged over 100% growth annually for the past 15 years. Yet, why do so few people profit? The reason lies in the misconception of quick riches. Most people dive into crypto with a get-rich-quick mentality. If you can't dedicate at least four hours daily to crypto, stick to buying only BTC and Ethereum—70% in BTC and 30% in ETH. Trust no one. Trust leads to hope, disappointment, and errors. Learn independently and take responsibility for your trading decisions.
Investing aims to enrich life meaningfully. If your crypto gains make life genuinely meaningful, pursue it. If not, reconsider. Though crypto originated from technology, it has evolved into a financial market. Investing in this market with a tech mindset is challenging. Cryptocurrencies are increasingly linked to mainstream financial markets, with macroeconomic factors playing a more significant role.
People don't question buying land, gold, or diamonds. Yet, buying Bitcoin often attracts skepticism and disapproval. That's fine because when the masses accept something, the opportunity may be gone or diminished. Act while the opportunity is still there!
The cryptocurrency market is currently in a downward trend, with all listed coins showing negative sentiment. Top coins like BNB, BTC, ETH, SOL, $PEPE, XRP, and DOGE have all recorded price declines. BNB is at $565.5, down by 0.62%, while BTC is at $63,922, a decrease of 0.52%. ETH has fallen by 1.09% to $3,134.63, and SOL has dropped significantly by 5.12% to $160.48. Similarly, PEPE and XRP have declined by 5.67% and 7.25% respectively, with PEPE at $0.00000998 and XRP at $0.5645.
New listings are also reflecting this negative trend. LISTA is down by 9.99% to $0.4629, BANANA by 8.83% to $44.90, and ZRO by 9.08% to $3.837. Other new listings such as IO, NOT, BB, REZ, $OMNI , and $TAO have experienced drops ranging from 3.95% to 11.63%. This broad-based decline across both established and newly listed coins indicates a pervasive negative market sentiment. Traders should approach with caution, considering potential support levels and being vigilant for any signs of market recovery.
Let's make a prediction today. If BTC is 1 million RMB per coin, ETH is 70,000, and BNB is 10,000 in 25 years, how much RMB will your coins be worth?
claim free reward 🎁🎁🎁🎁 I'll start first. If BTC is 1 million RMB, ETH is 70,000, and BNB is 10,000 next year, then my virtual currency assets are 320 BTC + 420 ETH + 161 BNB = 9.01 million RMB. How much are your assets?
If the prices of BTC, ETH, and BNB reach these predicted values in 25 years, I should be able to retire and enjoy my old age. In the long run, a BTC price of 1 million RMB is just the beginning, and 5 million RMB per Bitcoin is inevitable. Hold on to BTC, ETH, and BNB tightly. We age too quickly and understand too late. Don't regret not holding these coins in the future. Keep BTC, ETH, and BNB without regrets.
Don't worry about being alone on this journey. Who doesn't hold BTC, ETH, and BNB in the world? If life isn't going well, it's because you don't hold BTC, ETH, and BNB. Everyone will face the end, so remain steadfast and accumulate BTC, ETH, and BNB. If you don't hold BTC, ETH, and BNB in this life, it won't matter how hard you try.
I hold BTC:ETH:BNB in a 4:4:2 ratio. Hold BTC, ETH, and BNB, and let time help us gradually become wealthy.
If someone asks you to sell your Notcoins, remind them of the following:
1. **Bitcoin 📊**: Once above $70k, now under $57k. 2. **Ethereum 📊**: Was above $5, now below $2. 3. **ENA 📊**: Was over $0.9, now under $0.4. 4. **BNB 📊**: Was above $630, now under $510.
**Other Tokens** 🤯:
- **Pepe**: Now has five zeros! - **Shib, Solona, BB, Rez**, etc.: All in red!
**Market Sentiment 😨**: Fear is widespread!
**What to Do 🤔**:
- **Buy more Notcoins! 💰**: Accumulate only what you can afford to lose. - **Do Your Own Research (DYOR) 📚**. - **Follow me for more tips and empowerment! 🤝** The Altseason is coming. 🚀 Keep your Notcoins and get ready! 🎉
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- Current market conditions present a buying opportunity at the bottom. - Incremental investments are recommended. - Indicators suggest prices won’t drop much further.
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Completed on June 11, marking a significant milestone for IO. Now accessible to a wider audience, offering vast potential and opportunities.
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History has a habit of repeating itself! 🚀 - 2016 Bitcoin halving: 182 days of sideways movement - 2020 Bitcoin halving: 161 days of consolidation - 2024 Bitcoin halving: 76 days (and counting) of sideways action Prepare for takeoff! 🚀 September and October are shaping up to be promising for $BTC Stay patient and keep the faith! 😎
- The cryptocurrency exchange has turned into a virtual casino where large investors (whales) manipulate prices. - Small investors are suffering disproportionate losses, causing a crisis of trust and capital. - Whales may soon start targeting each other, worsening the situation. - It's crucial to protect small investors to maintain the system's integrity. - Market manipulation has made technical and fundamental analyses unreliable, underscoring the need for change.
Binance has recently revised its watchlist, signaling an increased likelihood of delisting for specific cryptocurrencies. The coins now under heightened scrutiny include $BAL, $CTXC , $CVP , $CVX, $DOCK, $HARD, $IRIS, $MBL, $POLS, $SNT, and $SUN. This adjustment indicates these assets may face removal from the exchange.
Conversely, Binance has taken $MLN and $ZEN off the watchlist, implying a lower risk of these coins being delisted. This update highlights the ever-evolving nature of Binance's digital asset monitoring and assessment process.
Investors holding any of the newly added watchlist coins should be vigilant and stay updated on the latest information.
$NOT #NOT🔥🔥🔥 As I mentioned earlier, the price of NOTCOIN is climbing and is expected to hit around $0.03. What's driving this surge? NOTCOIN recently burned $3,000,000 worth of tokens, equating to 210,000,000 NOTCOIN. Expect an even faster rise when NOTCOIN enters its second phase. Stay tuned for more updates on free airdrops on the TON blockchain!
Why is the market going down? Many will point to anticipation of interest rate hikes, but let me tell you, this is typical in crypto. It’s never a smooth ride to the top during a bull market, nor an easy descent during a bear market.
Don’t be swayed by claims that people have lost faith in crypto or that the market is being manipulated because someone got liquidated. Managing risk is key; crypto has always been volatile.
**Important Alert!** Before investing in $NOT coin, ensure you fully understand the current situation. Here are some crucial points:
- **Current Price:** $0.0181 - **Long-Term Perspective:** This might not be the best time for a long-term buy. Rapid price increases are often followed by swift declines. - **Whale Activity:** Large investors might sell their holdings to take profits, causing a price drop and potential losses for new investors. - **Market Conditions:** It's wise to wait until the market stabilizes and the buying frenzy subsides. Investors may sell to take profits and buy back at a lower price. - **Short-Term Risks:** Investing now could lead to disappointment in the coming days. Even if the price briefly spikes to $0.0295, it might quickly fall again. Be patient! - **Disclaimer:** This is not financial advice. Only invest money you can afford to lose.
Get ready for another #NOT pump! 🚀🔥
If you found this helpful, like, share, and follow us for more updates and information on ongoing airdrops with potential returns. Stay tuned!
Given that $NOT is currently categorized as a gaming coin and is showing a consistent pattern of lower highs and lower lows, I anticipate that many investors might lose confidence and sell their holdings at a loss. It's crucial to understand that $NOT is currently filling the order block of the Big Bullish candle that formed last week. Investors who buy and hold $NOTwill likely benefit, as the coin is expected to establish higher lows and higher highs after filling the gap left by this candle, as shown on the Daily chart. Simply wait for the upcoming significant volatility and ensure not to fall below the 0.035 mark.
**Bullish Alert Active!** My dear signal followers, I wrote an article a few days ago when NOT was priced at 0.022. I mentioned that NOT was in a downward trend and predicted it would decline to 0.015 before bouncing back. Congratulations to all who followed my signal! Today, the signal for NOT coin is bullish, as is the signal for High coin. claim free reward 🎁🎁🎁 **High Coin** also experienced a market correction, and after a five-day consecutive decline, it's now showing bullish trends. High is expected to reach a price of 5 soon, so hold onto this coin for potential profit.
Remember, the crypto market demands patience; it's not for hourly trading. It's a minimum weekly investment. If you want substantial profits and to recover your losses, patience is key. So, today's signal is bullish across the entire market.
**The Fall of Notcoin: A Hidden Opportunity?** claim free BNB reward 🎁🎁🎁 Over the last 24 hours, Notcoin has seen a sharp decline of nearly 7%, sparking concern among many investors. The cause of this sudden drop? Fear. Circulating rumors and pessimistic forecasts have fueled uncertainty, prompting many to sell their holdings, fearing even greater losses.
However, this reaction might actually be a golden opportunity for those who can see beyond the market noise. Let’s delve into why this decline should not incite panic, but rather be viewed as a strategic chance.
When rumors of ongoing declines start to spread, it’s natural for less experienced investors to respond by selling their assets to avoid potential losses. This behavior, known as "panic selling," occurs when emotion overtakes rational thinking. Yet, it is precisely during these times that savvy investors spot opportunities.
Notcoin is a relatively new player in the market, still in its growth and development phase. Thinking of it as a seed that requires time and patience to flourish helps in grasping its potential. Just like a well-tended seed, those who nurture and hold onto Notcoin over time are likely to see substantial rewards in the future.
Historically, digital currencies and investments in general go through cycles of peaks and troughs. In the case of Notcoin, the recent drop might simply be a natural correction in its growth trajectory. Investors who understand Notcoin's fundamental value and are willing to maintain their positions through periods of volatility are likely to achieve the greatest long-term gains.
Those selling now, driven by fear, might find themselves regretting it in the future. When the market stabilizes and Notcoin starts to rise again, these investors who sold out of fear may end up buying back at a much higher price. This is a common pattern in financial markets: panic leads to cheap sells, and stability prompts expensive buys. $NOT
**Top 5 Cryptocurrencies to Watch in June 2024** claim BNB reward 🎁🎁🎁 If you're planning to invest in the best altcoins for quick returns, here are the top five crypto coins to consider buying in June 2024:
### **Arbitrum (ARB)** Arbitrum is an Ethereum layer 2 coin. The ARB token is currently undervalued and has significant potential for growth. It’s trading at $0.96 and sitting at a strong support level on the 4-hour chart, with the potential to rise to $1.22 from this level.
### **MATIC (Polygon)** MATIC has been consolidating since April 2024. On the 1-hour chart, the MACD indicator is showing bullish signs, with a histogram suggesting growing buyer interest. Currently priced at $0.65, MATIC could surge to $1.06 in the short term, making it a great investment opportunity for today.
### **Cortex (CTXC)** Cortex is a robust AI crypto project. It’s currently priced at $0.30 on Binance. A slight increase in volume could pump the CTXC/USDT price to $0.47, representing a 56% profit potential.
### **IOST** IOST is designed to support enterprise-scale transaction volumes, capable of processing 100,000 transactions per second (TPS). Its current price is around $0.00781. This undervalued coin could deliver at least a 27% return.
### **Viction (VIC)** Viction (VIC/USDT) is trading at $0.43. The SSL channel indicators on the 4-hour chart are looking bullish, with the potential for the price to double to $0.81.
Coming from humble beginnings has taught me a valuable lesson about money. While some people can effortlessly spend $200 on a dinner, others struggle to earn that much in an entire month. If you’re financially well-off, do your best to give back to the world. Your $100 could make a significant difference in someone’s life.