One of the major challenges that traders face is how to raise trading capital, while those with little capital find it hard to invest because they're afraid of what to invest in or trade. In this article, I will guide you on how to trade with $100 and stand a chance of making more money.
When I started trading, my initial capital was $100 before I grew it to what it is now. You can't just fold your hands and continue waiting for thousands of dollars before taking a step.
If $100 is the only capital you have, I wouldn't advise you to jump into futures trading unless you're properly equipped with the right knowledge. Just stick with spot trading until you improve.
Using your $100 Capital, divide the money into two; that's $50 in two places. Use the $50 to find two low-market capitalization coins with the potential to move uptrend and invest them. For example, Key and NKN
You can invest $50 in Key and $50 in NKN. Alternately, if you're a fan of meme coins, you can spare $20 and invest in one meme coin. You sell the coins at a 30–50% profit. Scale up and repeat the process until you have enough capital.
Please note that meme coins are rewarding but involve higher risks. Also, don't try breaking the $100 into smaller fractions. You can't possibly invest in 10 projects with 100 dollars because you want to diversify.
I hope to see you succeed in crypto trading.
Disclaimer: This is not financial advice; apply proper risk management before investing in any coin.