How to make 1 million by trading cryptocurrencies in a year?

I would like to share with you a simple yet very practical cryptocurrency trading strategy that I have used:

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 coin price drops by 10%, buy another part.

4. When the coin price rises by 10%, sell one part.

5. Repeat the above steps until all funds are used up or all coins are sold.

With this strategy, once you buy in, you don’t have to worry even if the coin price drops, because we will continue to buy when the price drops. In fact, if all five parts of capital are used up, 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 time you sell, the funds can yield a 10% profit. Taking an example of a total capital of 100,000, if you use 20,000 each time, you will gain 2,000 yuan in profit for each sale.

However, this strategy also has certain issues. A 10% fluctuation is relatively large and may make trades harder to execute, requiring a longer waiting time. This can affect the efficiency of capital usage, as funds may be idle for a long time or continuously occupied by individual coins.

Nevertheless, this problem can be resolved by narrowing the fluctuation range. For example, you can choose to buy cryptocurrencies with high stability and invest in Binance wealth management products when funds are idle. This allows you to earn additional income while waiting for price changes.

Friends who are currently confused and lack direction in trading, seize the opportunity!!!