How to make 100 dollars a day trading cryptocurrencies: A realistic guide

The goal of 100 dollars a day

Many cryptocurrency enthusiasts aspire to achieve consistent income through trading, and earning 100 dollars a day is often seen as the first major milestone. This amounts to approximately 3,000 dollars a month, enough to supplement your income or even turn it into your main activity over time.

However, it is important to clarify: It is possible, but it is not easy. It requires strategy, discipline, and capital.

Essential Prerequisites

Before you start, make sure you have:

1. Capital: A range of 1,000 to 5,000 dollars will give you room to manage operations and risk.
2. Reliable trading platform: Use exchanges with a recognized track record and solidity.
3. Risk management: Never risk more than 1-2% of your capital per trade.
4. Trading strategy: You need a consistent and proven method, not just luck.

Trading methods to achieve 100 dollars daily

1. Day Trading

• Style: Buy and sell within the same day.
• Objective: To profit from small quick price movements.
• Tip: Focus on high market capitalization and volume cryptocurrencies.
• Example: A 2% profit on a $5,000 trade amounts to $100.

⚠️ Requires experience, quick decisions, and technical analysis skills.

2. Scalping

• Style: Dozens of small trades throughout the day.
• Objective: Obtain profits from minimal price changes (0,2%-0,5% per operation).
• Tools: Use 1 or 5 minute charts, adjusted stop-loss.

Ideal for those who can actively monitor charts for hours.

3. Swing Trading

• Style: Maintain operations for several days or weeks.
• Objective: Capture broader price movements.
• Example: Buy at $160 and sell at $180. With 5x leverage, it would be $500 in profit on a $2,000 position.

Less stressful but requires patience and trend analysis.

4. Trading with leverage ( with caution )

• Some platforms offer up to 100x leverage.
• Use leverage below (2x-5x) unless you have experience.
• A 2% movement with 5x leverage = 10% profit.

⚠️ High risk: Leverage can quickly wipe out your capital. Do not use it without fully understanding how it works.

Sample daily plan to earn 100 dollars

Assuming a capital of $2,500 and a trading goal of 3% daily:

• Operation 1: +1.5% profit → 37.50 dollars
• Operation 2: +1.2% profit → 30 dollars
• Operation 3: +1.3% profit → 32.50 dollars

→ Total daily earnings: ~100 dollars

A loss could ruin the day. That's why you should always use stop-loss orders to manage risk.

Essential Tools

• TradingView: For technical analysis
• Mobile exchange applications: For quick transactions
• Market data platforms: To monitor news and volume
• Trading bots: Optional, for automation

Professional Tips for Success

• Trade with a plan: Never enter trades randomly.
• Record each operation: Track what works and what doesn't.
• Avoid overtrading: Quality over quantity.
• Manage your emotions: Greed and fear destroy profits.

The reality: It is not always profitable

There will be good days and bad days. Even professional traders lose. But with a solid strategy and firm discipline, small consistent gains accumulate.

Final reflection

Earning 100 dollars daily trading cryptocurrencies is achievable, but only if you treat it like a business, not like a game of chance. Study, practice, and always protect your capital.