๐Ÿ’ต How to Earn $100/Day from Spot Trading โ€” A Simple Guide

If you're trading crypto and aiming to grow steadily, here's a straightforward approach that's helped many stay consistent ๐Ÿ‘‡

๐Ÿ”ข 1. Define a Realistic Goal

Want to make $100 daily? Break it down.

โ€“ 4 trades at $25 profit each

โ€“ Or 2 trades at $50 profit

Smaller wins add up โ€” focus on consistency

๐Ÿ’ฐ 2. Know Your Capital

To aim for $100/day comfortably, having around $10,000 helps manage risk better.

With less capital, itโ€™s possible โ€” but you'll need tighter strategy and higher precision

๐Ÿ“Š 3. Trade the Right Coins

Stick to high-volume coins like BTC, ETH, or SOL. Theyโ€™re more liquid, meaning easier entries and exits โ€” and less slippage

๐Ÿ“ˆ 4. Use a Trading Style That Fits You

Here are some common ones:

โ€“ Scalping: Quick trades for $10โ€“$25 each

โ€“ Day Trading: Hold for minutes to hours

โ€“ Breakouts: Trade price break levels

โ€“ Swing Trading: Hold 1โ€“2 days on strong trends

๐Ÿ›  5. Basic Technical Tools That Help:

โ€“ Moving Averages (spot trends)

โ€“ RSI (check overbought/oversold)

โ€“ Bollinger Bands (volatility signals)

๐Ÿ›ก 6. Risk Management is Non-Negotiable

โ€“ Never risk more than 1โ€“2% per trade

โ€“ Always use stop-loss

โ€“ Lock profits with take-profit

Example: With $10,000, risk $100โ€“$200 per trade max

๐Ÿ“ฐ 7. Stay Informed

News and sentiment can move markets fast.

Use alerts or news feeds to stay updated on major moves

๐Ÿ“‚ 8. Donโ€™t Go All In

Diversify across a few assets instead of putting all your capital into one.

Balance = longevity

๐Ÿ“ 9. Keep a Trading Journal

Log your trades โ€” wins, losses, setups, thoughts.

This helps improve faster than anything else

๐Ÿงฎ 10. Small Plan, Big Results

Example:

โ€“ Capital: $5,000

โ€“ Target: 2% gain = $100

โ€“ Plan: Make 3 trades aiming for ~$33 profit each

Itโ€™s not about making big money overnight.

Itโ€™s about growing steadily, protecting capital, and learning from each session

If you're on this journey, stay patient, stay sharp โ€” and keep refining your edge.

Let the small wins compound