I am over 40 but still earn a steady income from Binance – Sharing a few small tips for everyone
I am now over 40, and I once thought the cryptocurrency market was a game for the youth. However, the more I learn, the more I see this as a real opportunity if approached correctly. Here are a few tips I have gathered after some time 'struggling' on Binance:
1. Spot Trading – Safe for Beginners
I started by buying and selling major coins like BTC, ETH on Spot. No leverage, no complications. Every time the market drops sharply, I gradually buy more – it’s called 'buying when others are fearful'.
2. Use Earn – Let your money rest while still earning
Binance has an 'Earn' section that allows you to deposit USDT or BTC to earn interest. I choose flexible packages that earn money while allowing withdrawals at any time.
3. Participate in Launchpool and Airdrop
I stake BNB or FDUSD to receive new tokens – this is called Launchpool. You don’t need a large capital, and many rounds can earn a few hundred dollars very easily.
4. Do not play Futures if you do not understand it well
I once tried leveraged trading but realized it is not a playground for those lacking experience. Now I just observe to understand the market and do not 'jump' in anymore.
5. Always maintain a steady mindset and avoid FOMO
Even if the market is heating up, I always adhere to the principle: only invest with spare money, not borrowed funds.
Conclusion:
Crypto is not an 'easy gold mine', but if you are patient and alert, even middle-aged people like me can make money. I hope these few lines of sharing are helpful to everyone.