Investing in crypto is very risky if done impatiently. Trading is a game of patience and vigilant.
I will show you what exactly the steps I followed to earned my first $100.
1. CHOOSE A CRYPTO
Choose only one coin that are well recognized. I personally choose BITCOIN (BTC)ETHEREUM (ETH)BINANCE COIN (BNB) is also good. Because everybody knows that the price of BTC changes so as the market. I told you to choose these three coins because there prices don't usually go below the certain limit unless bad news pop out.
2. INVEST WHEN PRICE IS LOW
In trading, you gain profit not at the time of selling but at the time of buying. As I said, recognized coins can't go down after it hit a certain price barrier unless bad news come, you have to notice it very carefully that what are the price range. When I was trading the price of ETH was $2800- $3000 and BTC was $42000-$44000. I usually buy ETH at somewhere between $2800-$2830.
3. TAKE OUT WHEN PRICE IS HIGH
When hit the price barrier, don't hesitate to take your investment out. While holding your assets, if you heard a good news about crypto then try to hold it for little longer.
***IMPORTANT TIPSKEEP YOUR EYE ON CRYPTO NEWS it will help you decide whether you should buy, hold or sell.
