In the crypto market earning money is not easy. But there are some strategies if you understand them then earning can become easy for you. So today I will share one best strategy with you as a gift.
If you follow it you can get great profit. This is a trading or investing idea where even if there is a loss you can easily bear it. It is a very simple and working strategy that I am explaining to you.
Remember that in this strategy you only have to do shorting. That means any coin that comes in top gainers and has increased about four times or five times from its base price you have to find such coins.
Then you have to short that coin with only $10 using 1x. In the same way if you find two or three coins you have to short all of them with $10 each at 1x and hold them.
Do not panic because these are high volatility coins. Their price goes up and down but since they are near the end of their bullish potential such coins often dump.
Let me give you some examples like #SIREN, #KDA and many other crypto coins that dump badly after coming into top gainers.
You can take the example of #Siren, it went up to around $4 which means it became almost 5x from its base level. If you short such coins you can get huge profit.
You might have seen Siren coin, how badly this coin dumped and even reached 0.3 cent which is almost a dump of more than 5X. Means if you hold that coin and sell it at 0.3 you must have made your $10 to $50. This is how this strategy works.
Right now in my view #STO coin is a good example for shorting. If we see its pump from the base price it has already gone 5x. If you short it with $10 at 1x then it can be a very good opportunity because its price can fall soon as it has come up like a fake pump.
This is a very simple strategy for traders where you can earn well with very small money. If you only invest $10 in such coins and the coin drops to 2.5x (which is very easy for such coins) you can get around 50% profit.
So think about this strategy, understand it and if you understand it well then start it properly. The profit ratio is high and the loss is small which you can easily manage.
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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