To make $100 on BTC right now, consider this simple trading strategy:
Strategy: Buy BTC when the price is below the 50-period moving average and sell when it's above.
Steps:
1. Open a trading account on Binance or a similar exchange.
2. Transfer funds to your account.
3. Set up a BTC/USDT trading pair.
4. Use the 50-period moving average indicator.
5. Buy BTC when the price is below the moving average.
6. Sell BTC when the price is above the moving average.
7. Set a take-profit at 2-3% above your entry price.
Example:
- Buy 0.01 BTC at $30,000 (below the moving average)
- Sell 0.01 BTC at $30,600 (above the moving average)
- Profit: $100 (2% gain)
Remember, trading carries risks, and there are no guarantees of making $100.
Would you like me to elaborate on this strategy or provide more information on BTC trading?
