Let's be realistic; converting this amount to $1000 or $10000 is not easy, especially for spot traders like me, but it is not impossible. Stay with me.
First, I will explain to you the cumulative profit for those who do not know. The cumulative profit is simply adding the profit to the capital. For example, if you entered a trade with $100 and made a profit of 10%, your capital is now $110. When you enter another trade and earn 10%, your capital will be $121, not just $120, and so on. The capital continues to be added to the profit until it becomes a multiplied profit. Therefore, if your capital is $10, you will need only 49 trades to reach $1068 and 74 trades with a profit of 10% to reach $10511.
Or you are looking for promising projects, and this step requires some experience and research, and takes time, so I do not recommend it for small investors.
This is what we had today, we will meet next time.
#KITEBinanceLaunchpool #FOMCMeeting #MarketPullback #FranceBTCReserveBill #AltcoinETFsLaunch
