How to start trading on the spot for a small amount?

Do you want to trade spot for 100, 50, 20 USD and don't know how to do it? You already have funds in your account and don't know what to buy for how much or what strategy to choose? If so, you are not alone; there are many people who don't know how to start, so here I will help you and present proven methods that will help you earn on percentages and take advantage of compound interest.

• Strategy

Instead of using 100 dollars in one transaction, divide it into several smaller transactions. This will help you better manage risk and give you greater flexibility in case the transaction doesn't go as expected.

Tip: You can divide your capital into 3 to 5 parts of 20 to 30 dollars each. This will allow you to open several positions in different cryptocurrencies and will not be dependent on one investment. Do your research and choose a coin; never fall for FOMO, those coins have already risen!!!!! Watch and learn candlestick patterns and start trading.

If you still don't know, you don't have to enter with all your capital; buy a portion, e.g., 20%, and see what happens. If it rises, take the profit or wait longer; if it drops, wait for market reversal or invest another 15% to lower the average purchase price of all coins.

1. Filter by volatility on Binance

Go to the 'Markets' section on the Binance platform.

Select the spot market.

Use the 'Change (%)' or 'Daily Moves' filter to identify cryptocurrencies that have had the largest price changes in the last 24 hours.

• Recommendation: Look at those cryptocurrencies that have daily fluctuations greater than 5% or 10%, as they are a good indicator of volatility.

Use the volume indicator.

• Go to the advanced trading page on Binance.

Check the 'Winners and Losers' panel. On the Binance homepage, look for the dashboards 'Biggest Gainers' and 'Biggest Losers'.

Take a look at the cryptocurrencies that have recorded the biggest increases or decreases in the last few hours, be cautious $BTC .