In the crypto market I have more than 7 years of experience. I remember when I joined this market in 2017 with my uncles, at that time it was the era of Steemit and we started from there.
Besides this we made accounts on Binance, invested some money and continuously took part in trading, investing and many other activities.
After getting so much experience I understood that trading is really not an easy job. For this you have to learn properly and do courses. Just like to become a good officer you study for 16 years.
In the same way hard work is also necessary here. But unfortunately many people expect that in the crypto market they will learn everything in one month and earn a lot of money which is completely wrong.
For this you have to work very hard, you have to gain at least 8–10 years of experience then you get a stable source of income. My purpose is not to disappoint you but to make you aware of reality.
But if beginners still want to earn from this market then a way is still available for them. In this content I will tell you about such a trading strategy where risk is minimum and even beginners can apply it easily.
This is a strategy where you can get 1–2% profit on a daily basis. I am personally using it practically and I will also share its screenshot and when the final result comes I will also share the profit with you.
Single coin trading whether long or short is not an easy task. That is why hedge trading is a better and simple method especially for beginners.
I will tell you about two coins (commodities) where you can earn easily and where your risk is also low, these are Silver and Gold. The prices of both are related to each other and they are quite stable. Like crypto there is no pump and dump here.
One good thing is that the price movement of Silver is faster compared to Gold which gives you the benefit of price difference.
What you have to do is simple...
If the market is bullish then long Silver and short Gold.
If the market is bearish then short Silver and long Gold.
Because when the market is bullish the price of Silver increases faster than Gold which gives you profit.
Lets take an Example
If I think the market is bullish then I long Silver with $100 and short Gold with $100. If my prediction is correct then within a few hours I get 1–2% profit and I close the trade.
Whether Gold is in profit or loss I close it. My focus is only on Silver while Gold is kept for protection.
If the market goes opposite and the prediction becomes wrong then when the price difference of both reaches up to 2%, we invest a second layer. Then we wait for the difference to close again.
If the difference increases more then we add a third layer (this is the last level). The difference does not increase beyond this because both assets are correlated and their price difference eventually closes.
With every layer you invest, when you see your layers in profit then keep on booking your profits and wait for the price difference to keep on closing. If again you see an opportunity then again invest your layers and keep on booking profits.
In the end you will see that you will have booked huge profits.
You can try this strategy... it is simple, profitable and relatively lowrisk. For every confusion you can ask me a question in the comment section.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.
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REMEMBER: We should prepare for the unexpected and always hope for the best. Life may not be easy but you must do your best and leave the rest to God...
