I'm not here selling anyone false hope. There is no magic in cryptocurrency trading, and there is no money without effort or risk. But if you're a beginner, ready to learn, and want to achieve a steady profit of $5 daily, this guide is for you.
Start with a capital of $100 — aim for $5 daily
Make a plan for small but continuous growth. If you're earning 2-3% from each trade, your goal of $5 daily is achievable through two or one correct trade.
Simple but smart strategies:
1. Buy low, sell high:
Wait for a price drop, and when a rebound happens, exit. Target a profit of 2-3% on each trade.
2. Avoid pump and dump coins:
Entering coins that have already risen by 30-40% is risky. Late entry = high risk.
3. Stick to the watchlist:
Don't chase new coins every time. Just watch 4-5 reliable coins whose price patterns you understand.
4. Diversify wisely:
Split $100 across 4-5 coins. Invest only $20-25 in one coin to manage risks.
5. Position sizing is key:
Putting everything in one currency is gambling. Trading is a game that requires discipline.
6. Don't put everything in one deal:
The market can turn at any time. Preserving capital is a guarantee of winning.
Best coins to watch this week:
#ETH $XRP $AVAX #1000CATUSDT🔥🔥 $SHIB
(Coins are on the rise, but make sure to do your research)
Advanced tips for staying profitable:
- Have a plan:
Define your entry and exit points, stop loss, and profit plan in advance. Random trading = random losses.
- Use technical tools:
RSI, MACD, Bollinger Bands, moving averages — these tools help in getting better entries.
- Stay emotion-free:
Avoid greed and fear. Trade only based on logic and data.
Bottom line:
$5 a day seems small, but over time it adds up. $150 monthly, $1800 yearly — and if the capital is larger, the profit will be larger too.
Follow for real and practical insights into cryptocurrency trading!
In the world of cryptocurrency, security starts with you.
Make sure to protect yourself:
1️⃣ Always check the links
2️⃣ Trust, but verify well
3️⃣ Never share your original phrases