Can you earn 500,000 in the cryptocurrency market in half a year with $BTC ?
The answer is yes.
I want to share with you a simple yet very practical cryptocurrency trading strategy that I have been using:
1. Divide your available funds into five equal parts. If you have 10,000, split it into five parts, using 2,000 for each trade.
2. Use one part of the funds to buy a cryptocurrency at the current price.
3. If the price of the cryptocurrency drops by 10%, buy another part.
4. When the price increases by 10%, sell one part.
5. Repeat the above steps until all funds are used up or all cryptocurrencies are sold.
With this strategy, once you buy in, you don’t have to worry even if the price drops, because when the price drops, we will continue to buy. In fact, if all five parts of the funds are used, the price has already dropped by nearly 50%. Unless there is a market crash, the price will not drop that quickly.
From a profit perspective, each sale of funds can bring a 10% profit. Taking 100,000 total funds as an example, if you use 20,000 each time, you will earn 2,000 with each sale.
However, this strategy also has certain issues. A 10% fluctuation is relatively large, which may make trades not very easy to execute, thus requiring a longer waiting time. This can affect the efficiency of fund usage because the funds may remain idle for a long time or be tied up in a particular cryptocurrency.
However, this problem can be solved by narrowing the fluctuation range. For example, you can choose to buy cryptocurrencies with high stability and invest in Binance financial products when funds are idle. This way, you can earn additional income while waiting for price changes.
If you want to seize this bull market, it’s definitely too late to learn and trade at the same time; it’s best to have someone guide you for a quick start.
