The cryptocurrency market requires a lot of time and experience. In this market, you cannot follow everything due to its rapid growth and development day by day. Therefore, one of the biggest problems faced by new traders is: how do we set an investment plan?

In this article, I will answer this question in detail.

1. Identify the sector you want to invest in

As a new trader, it is difficult to be knowledgeable about all aspects of the market and the development of projects, so the most suitable strategy for you is to look for the trending sector at the moment.

There are several ways to find out:

  • Follow Twitter to know the topics the community is discussing.

  • Use tools like CoinMarketCap to uncover trending sectors.

  • Check out the best-performing sectors with the highest trading volume and market cap share.

Do not choose several sectors, it is sufficient to choose two or three sectors that you see have a good future based on your research. It is also preferable to avoid volatile sectors like MemeCoins, as they are not suitable for this strategy.

2. Identify the currencies you want to invest in

Each sector contains dozens, if not hundreds, of currencies, and it is impossible for a newcomer to the market to study them all. Therefore, you can follow a consistent strategy which is to monitor leading projects in that sector.

Using CoinMarketCap, you can enter the sector you chose in the previous step and choose the top 5 to 10 currencies in that sector.

3. Determine the capital you wish to invest

This is one of the most important points in the plan, as you need to determine the amount you will invest based on your financial situation. A specific amount cannot be determined, as it varies from person to person, but there are some basic rules to adhere to:

  • Do not invest an amount that could put you in trouble if you lose it.

  • Do not invest borrowed money or debt.

  • Do not invest money that you need for living or for your family.

  • Do not invest all your savings at once.

Just as you see large profits achieved by some, there are also large losses that no one talks about, so it is essential to determine your investment amount after thoroughly studying your financial situation.

4. Specify the investment duration

A fixed duration cannot be determined for everyone, as it depends on each person's goals and financial situation. However, if you are looking for a strategy that yields quick profits within a day or a week, this article is not suitable for you.

This strategy is designed for investment over several months to a year or more, and is not for daily or weekly speculation.

5. Use automated trading

After choosing the currencies you will invest in, it is time to apply your strategy through automated trading on the Binance platform.

A practical example to illustrate the idea:

  • Selected sector: Artificial Intelligence

  • Selected currencies: TAO, REDNDE, FET, AR, ARKM

  • Capital: 6000 dollars

  • Investment duration: 6 months

Steps to implement Auto Invest on Binance:

  1. Look for Auto Invest.

  2. Click on Create.

  3. Enter the currencies you have chosen.

  4. Specify the capital distribution ratio among them, and you can choose an equal ratio for simplicity.

  5. Specify the duration of the strategy (in this example, 6 months, where purchases are made periodically at the beginning of each month).

  6. Specify the amount for each purchase operation (in this example, 1000 dollars monthly).


This way, you have created an automated trading plan that allows you to distribute your capital across these currencies.
This strategy gives you the opportunity to enter at an average fair price away from sharp fluctuations.

Important warnings:

  • Do not apply this strategy to currencies that do not have a clear future.

  • Do not apply it when the market is at a price peak.

By following these steps, you can build an effective investment plan in the cryptocurrency market.