how to make $1 a day on binance
To make $1 a day on Binance, you can use a short-term trading strategy focused on liquid and volatile cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), or Solana (SOL). These assets are often more active in terms of price fluctuations, which offers profit opportunities. Adopt a method such as scalping, which consists of taking advantage of small price variations by making several transactions during the day. With a starting capital of $50$ to $100, aim for gains of 0.5% to 1% per transaction.
To do this, use technical indicators such as the RSI, MACD or Bollinger Bands to identify favorable moments for buying or selling. Also keep an eye on emerging cryptocurrencies or those with high short-term volatility, such as Dogecoin (DOGE), Polygon (MATIC), or Litecoin (LTC), which can offer rapid variations. Set stop-losses to limit your losses and take-profit orders to lock in your gains. Finally, practice on a demo account or start with small amounts to limit risks while familiarizing yourself with market dynamics.