I have 100 USD... what should I do now? 💭
Starting with this amount might seem "modest" and the big question arises immediately:
Can I make something with this amount on Binance?🤔🪙
The answer is not unique, it depends on your profile, your patience, and your risk tolerance.
With that foundation, you can explore various options:
🔹 HODL: buy solid cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) and simply hold them long-term. With 100 USD, you can already acquire fractions of these assets and take advantage of the accumulation strategy.
🔹 Staking and Earn: Binance offers flexible savings products and locked staking.
With them, your 100 USD (or the equivalent in another crypto) generates passive income, ideal if you prefer lower risk and a constant flow.
🔹 Spot Trading: if you want to be more active, you can use those funds to trade pairs on the spot. Here the focus is on buying low and selling high, although it requires knowledge, technical analysis, and discipline.
🔹 Diversification in Altcoins: another alternative is to distribute those 100 USD in projects with potential, but be careful: the volatility is higher, and the risk too.
👉What's important is NOT to let the capital sit idle. 100 USD may seem little to some, a lot to others, but what there is no doubt about is that if managed well, they are the best entry point.
