How to earn steadily on Binance?
I would like to explain to you how you can make money from cryptocurrencies by using just one rule consistently.
This is the "THREE PERCENT" rule.
What is this? I will explain everything to you now.
The 3% rule is a strategy where you aim for a 3% profit from a trade or trades.
Of course, you can aim for a smaller percentage (0.5%; 1%; 1.5% or 2%) as well as a larger one (4%; 5% and so on), but 3% is the most optimal option to focus on.
How does it work?
It's very simple, for example:
If you have 1000 USDT, never invest the whole amount in one coin. It's better to divide this amount (1000 USDT) into 10 coins of 100 USDT each.
You may ask why?
Because diversification is everything for us! It reduces the risks of losing our capital. One coin may rise while another falls, thus balancing out.
Buy coins wisely so that the coin is either strong or promising. Here are the coins that I personally buy:
These coins are very active and constantly in motion.
Now let's talk about selling.
The moment your investment of 100 USDT turns into 103 - you sell. There's no need to wait for more than 103 USDT because the market changes very quickly. It's better to have a bird in hand than a crane in the sky. If at the moment you have more than 103 USDT, that's great, so sell.
Lastly, I would like to give you some advice:
Always keep yourself in check (discipline should come first)
Always sell when you have a profit of 3%.
The more coins, the better and the lower the risk (approach with a cool mind)
Use the profit to buy new coins or to average out your losses.
That's it, this strategy works for any budget. No matter what budget you start with, have patience and you will definitely succeed.
Please like if this article was helpful for you, and I look forward to your questions in the comments.
Good evening everyone!