# How to Turn $10 into $100 on Binance: A Focused Strategy
Turning $10 into $100 on Binance is an ambitious but achievable goal if you focus on the right approach. Here’s a **narrowed-down, step-by-step strategy** to help you maximize your chances of success:
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## 1. **Start with Spot Trading on Low-Cap Altcoins**
With $10, your best bet is to focus on **low-cap altcoins** (cryptocurrencies with smaller market caps) that have high growth potential. Here’s how:
- **Research Promising Coins:** Use Binance’s market data to identify low-cap coins with strong fundamentals, active development teams, and growing communities. Look for coins with high trading volume and recent price momentum.
- **Buy the Dip:** Use your $10 to buy a coin when it’s experiencing a temporary price drop (a "dip"). This increases your chances of selling at a higher price later.
- **Set a Profit Target:** Aim for a 20-30% gain per trade. For example, if you buy $10 worth of a coin, sell when it reaches $12-$13.
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## 2. **Use Dollar-Cost Averaging (DCA)**
Instead of investing your entire $10 at once, split it into smaller amounts and invest over time. For example:
- Invest $2 every day for 5 days.
- This reduces the risk of buying at a peak and helps you average out your purchase price.
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## 3. **Leverage Binance Launchpool**
Binance Launchpool allows you to stake small amounts of crypto (like BNB or stablecoins) to earn new tokens for free. Here’s how to use it:
- Stake $5 worth of BNB or another supported token in a Launchpool project.
- Earn new tokens over a few days.
- Sell the tokens immediately after they are listed on Binance for a quick profit.
