**🚀 How to Turn 100 Dollars into 1000 Dollars Monthly? (Beginner's Guide)**
Do you want to multiply your capital in trading and investing? Here’s a practical plan for beginners to achieve **10x Monthly** with smart strategies on **Binance** ⬇️
### **1. Choose the Right Assets**
- **Trade Volatile Cryptocurrencies**: Focus on coins with medium trading volume (like **SOL, ADA, XRP**) as they provide opportunities for quick gains.
- **Use Indicators like RSI and MACD** to identify entry and exit points.
### **2. Use Leverage Cautiously**
- Use **3x-5x Leverage** (do not exceed this to avoid high risk).
- Example: Buy **BTC** or **ETH** with 3x leverage when confirming an upward trend.
### **3. Day Trading (Scalping/Swing Trading)**
- Target gains of **5-10% Daily** through short-term trades.
- Use **Stop-Loss Orders** to protect your capital.
### **4. Invest in Promising Projects**
- Join **Launchpad/Launchpool** on Binance to get new coins for free or at a discount.
- Track new projects with strong fundamentals (like those backed by Binance Labs).
### **5. Daily Review**
- Follow market news via **Binance Feed** and **CoinMarketCap**.
- Adjust your strategy based on trade performance.
⚠️ Warning:**
- **Do not invest more than you can afford to lose**.
- Continuous learning is the key to success! Start with small amounts and gradually increase.