Strategies for trading cryptocurrencies: strategy 5% on the day.

Want to know how you can turn $ 100 into $ 100,000 in a year? This article is for you.

The great power of compounding-the starting investment of only $ 300 per month due to compounding grows to $ 1,220.

What return on investment is obtained over time with an income of 5 % per day and compounding (sum of income per day with a static investment)

for the first month you get 400 %
after 2 months it is already 1800 %
after 3 months it is 8000%

Compounding on consequential trades

I must say that this result you will not get immediately and not every month, but over time you will be able to learn how to get an average of at least 1.5% profit in trading cryptocurrencies. And 1.5 % profit per day taking into account compounding turns $ 300 into $ 65800 total for the year…

The purpose of the strategy — to earn about 5 % profit per day

This refers to 5% of the profit that you make on average a day on a particular cryptocurrency.
The algorithm of the strategy will be described below.

The algorithm of strategy:

choose a cryptocurrency that can potentially make a profit of 5 % over a short period of time (from hours to day)
we make several entries during the week as the signals arrive, thus forming a portfolio of cryptocurrencies

How to choose the desired cryptocurrency?

In order to choose a cryptocurrency that can potentially bring 5% profit per day (and even more), we will use the coinmarketcap website. We need those kryptonite, which greatly subsided (preferably 20 — 30 %) in the last 7 days.

Then you need to view all these coins and choose those that meet these criteria:

are traded on your exchange (you can have accounts on multiple exchanges as I have, for example, on the exchange BINANCE and BITTREX)
daily traded with a decent volume
reverse movement starts-view the graph …

Good candidate

It looks like a good candidate: