My First Trade with DOGE: From $10 to Profit!
Trading in the crypto market can be exciting, especially when you start small and smart. I recently made my first trade with Dogecoin (DOGE) on Binance, and here’s how it went.
🔹The Setup:
I decided to invest $10 in $DOGE . I placed a limit buy order at $0.17361, which means I set the system to buy only if the price dropped to that level. Fortunately, it did! I successfully bought around 57.94 DOGE coins.
🔹The Goal:
My next move was to sell at $0.19, setting another limit sell order to automatically take profit when the price rises.
🔹 What I Learned:
Limit orders help control your entry and exit points without needing to monitor the chart 24/7.
Even with a small amount like $10, you can generate profits if your strategy is clear.
Patience is key. Your order may take hours or days to fill, depending on the market.
Current Status:
At the time of writing, my $DOGE is still in the wallet, and the price is slightly below my target. But I’m holding until it reaches my sell point. Once that happens, I’m expecting nearly $1 profit after fees, which is a ~10% gain—not bad for a beginner!
💡 Tip for New Traders:
Start small, use limit orders, and never panic during price dips. Learn the process and grow with it. Every successful trader once started with their first $10 too!
Would you like to follow my trading journey? Stay tuned as I share more strategies and results on M.Square!
