Do you have a stomach?
Are you willing to take risks?
I say this because you can lose money. I lost. And I won. That's the game. One loses - infinite wins.
Back when I started, there were no trading robots. It was hands-on. I learned to trade on the spot and increased my capital.
There are pitfalls along this path. You are your own worst enemy. This has never been so obvious.
If you are emotional, don't even start, you will get lost at the beginning of the game and become a duck.
Understand, if you win, someone else has lost. The market demands that you be cold and calculating.
My game requires calm, perseverance and time.
I hope you have already read my previous articles, How to start your crypto wallet 👛 and Earning strategy 📈
Once you have some money saved and earning interest, you can put some of it aside to profit from market volatility.
Today, we have the advantage of trading robots that can operate in the market for us 24 hours a day, 7 days a week, a wonderful innovation. You only need money to get it working. Money, I would say, is around $200 dollars. That is the minimum investment just to start the robot.
The $200 return is tiny. I trade $BTC / $USDC . Each trade generates approximately 0.023 of a return. I am insured against market volatility.
The robot will create the number of orders you set to operate within a price range (quote). In short, it will open buy orders and sell orders. As the market falls, it buys; when it rises, it sells.
For each operation, there is a profit. The more orders within the price range, the lower the percentage of the result.
I believe that trading robots should be closely monitored, that is, constantly monitored.
So far, with this strategy, I first lost $8, then I recovered and today I am $11 positive.
I warn you that it gives you butterflies and raises a lot of questions, but it is a way to make money. It requires cold blood and self-knowledge.
When the robot reaches a total profit above 5%, I cancel it, reprogram it by adjusting parameters and put it back into operation, reinvesting the profit into the robot itself. The more money in the robot, the greater the results.
Of course, those who have the money to feed a robot with $10,000 will make a lot of money. Those like me will start slowly, with more modest earnings.
Again, this strategy is not foolproof and you can lose money. Patience and monitoring are your allies. Don't get excited when you make a profit, you've just fulfilled your obligation. Keep the adrenaline away from the money, or you'll lose everything.
The market does not forgive.
Study hard before you start trading. Know what Stop Loss is and learn how to use it. It will avoid hassle. The same goes for Take Profit.
Learn the difference between ambition and greed. The former makes you grow, the latter can destroy you. Here, in the crypto market, there is risk. I recommend not putting more than 10% of your capital into trading.
Binance considers me a conservative trader. Most of my capital is invested in passive income. Spot trading is to increase my capital, but I am not greedy and I am happy with profits between 5 and 10%, which is already extraordinary!
You can trade in multiple markets with any of the stablecoins. My personal preference is $USDC .
Be very careful when trading altcoins, volatility is high and you can lose all your capital. The same goes for leveraged trading. You can make a lot of money, but there is a risk of losing nothing and I don't think it's worth the risk.
Good luck in your trades. May fortune smile upon you as it has smiled upon me.
Oh, for those who want, here's my bot recipe:
Ronald
Araxa, MG, Brazil - 01/17/2025