Turning $100 into $179475 in 3 month with crypto is certainly challenging and risky, but some traders have achieved similar gains by following strategies that combine high volatility trading, strategic leverage, and disciplined risk management. Here’s a breakdown of what that might look like:
1. Focus on High-Volatility Assets
Trade Highly Volatile Cryptos: Smaller or trending coins can see daily swings in the double digits. Assets like meme coins or newly hyped tokens can deliver significant gains but are highly speculative.
Catch Trends Early: Look for coins with sudden volume increases. This often signals incoming volatility that can lead to major price movements, giving an opportunity to ride the trend.
2. Use Leverage Cautiously
Apply Low-Moderate Leverage (3x to 5x): Although leverage can amplify gains, it also increases risk. Small, strategic leverage (like 3x to 5x) helps to compound profits without risking liquidation as quickly as higher leverage might.
Set Strict Stop-Losses: To manage leverage safely, keep a strict stop-loss at a point where you’re only risking a small fraction (e.g., 2%) of your portfolio on each trade.
3. Scalp & Swing Trade Using Shorter Timeframes
Scalp on the 5-15 Minute Timeframe: Take advantage of minor price movements for quick in-and-out trades, locking in small, consistent profits throughout the day.
Swing on the 1-4 Hour Timeframes: Look for larger trends and hold positions for hours or even days, aiming to capture more substantial movements in the market.
4. Leverage Technical Patterns & Indicators
Follow Candlestick Patterns and Volume Indicators: Use patterns like dojis, hammers, engulfing candles, and volume spikes to guide entry and exit points.
Trend Indicators (like Moving Averages): Shorter moving averages (like 9 and 21-period EMAs) can signal short-term momentum shifts to jump into early trends.
5. Compound Profits Aggressively
Reinvest Gains Daily: Take profits and reinvest them into subsequent trades to grow your capital exponentially. For example, doubling $100 to $200, then $400, and so on, can compound growth quickly.
Avoid Pullbacks into Unstable Assets: Although reinvesting is key, reinvesting in assets that are overly volatile or risky without a clear plan could lead to rapid losses.