Okay, today we will talk about an amount of 50 dollars and how to achieve 5000 dollars with it. The strategy I followed is this secret. Believe me, I read it in the book that many people do not talk about, "The Psychology of Money" — Morgan Housel. Here we talk about compound interest. The matter requires discipline, commitment, and good monitoring. Okay, I will talk to you and reveal to you the secret that I trade with in spot deals and not futures contracts, which means it is permissible.
A daily profit rate of 3%, a stop loss of 3% of the total investment amount in one currency. Entry time is 48 hours for direct closure. The challenge duration is 300 days, which means in these days there will be about 156 deals. Here the total will be 5004 dollars with a 50% success rate for deals and a 50% loss rate, which means about 144 deals. This way, to be fair, write a paper containing 156 boxes, enter a deal, achieve 3%, and exit from it, then note it down.
Now, how to determine the currency? The matter is simple but complicated. You need two things to determine the currency. First, download the coinglass platform. Second, go to the package of the most losing currencies of the day on Binance. Identify three currencies that are losing between 8% to 10%. Copy the contract and go to the platform and search for those currencies that are being heavily pumped that day. Enter with the total amount. Commit to two things: set a profit target of 3% and a stop loss of 3%. Another commitment is that after 24 hours of entering a deal, exit from it even if you haven’t achieved the target. The mandatory aspect of this strategy is discipline; it is what drives you to profit.
Any questions I will answer.