Simple Crypto Trading Strategy: Only 5 Steps To Make Millions

Here’s how I make extra money with Bitcoin without really trading.

You don’t need to be a crypto trader to make money in crypto.

You don’t need to take crazy risks either or to have a lot of money.

What you need is to do your own research (DYOR) on a few cryptocurrencies, watch macroeconomic trends, and put your money where your convictions are.

Here is my super simple crypto trading strategy that’s been adding more Bitcoin to my wallet.

And guess what?

It’s pretty low risk, and even beginners can do it.

Let me show you what I do and how I do it.

1. Hold Your Crypto On Binance Earn Feature

For this trading strategy, I keep a part of my Bitcoin in Binance’s ‘Earn’ feature.

The yield is very low (under 0.5% for a year for Bitcoin), but it’s better to stack satoshis than not at all.

But most importantly, it gives me the flexibility I need to use these Bitcoin to do a few trades here and there.

It’s like earning free money on the side while I sleep.

The screenshot displays the Binance Earn interface, focusing on the “Dual Investment” feature which offers high yield investments.

2. Keep An Eye For A Market Dip

Here’s where it gets a bit more hands-on, but only when the time’s just right.

I keep my eyes for any major dips, like think 10-15% or more in cryptos I trust like Bitcoin (BTC), Ethereum (ETH), Cake (CAKE), Solana (SOL) and Binance Coin (BNB).

When the market takes a hit, I’m ready to shop.

I have my alerts set on the Coinmarketcap app.

I wait until the dust settles a little bit, and when things start trading sideways.

That’s where I make my move.

3. Buy The Dip

When I see the dip, I go to Binance’s “Loan” feature.

Using my Bitcoin as collateral, I grab a loan and borrow USDT.

I use these USDT to buy the crypto that dipped.

Either Bitcoin (BTC), Solana (SOL), Cake (CAKE), or another crypto I strongly believe in.

The screenshot shows the Binance Loans platform interface, detailing options for borrowing cryptocurrencies for spot, margin, and futures trading or staking to earn high APY.

4. Set A Smart Trailing Stop

To keep things on autopilot, I set up a trailing stop-limit trade.

Why?

Because I don’t want to get emotionally involved in the trade.

I have a strategy to make at least a 5% return, as soon as possible.

I’m not trying to sell the top, and neither should you.

Here’s how it works:

  1. I go to trade
  2. I choose the pair I want to trade, let’s say BTC/USDT
  3. I choose the trailing stop
  4. I set it at about 2% for a price that’s 8-10% above what I paid for the crypto

This way, if the price starts climbing, it’ll sell off automatically when there's a dip, securing me some neat profits.

Example of Setting a Trailing Stop for Bitcoin:

  • Purchase Price: $60,000
  • Activation Price: Set at $66,000 (approximately 10% above purchase price)
  • Limit Price: Set at $64,680 (activation price minus 2%)
  • Trailing Stop: Set at 2%

The image displays Binance mobile trading app interface for Bitcoin to USDT. It shows a sell screen where a trailing stop order is being set with an activation price of 66,000 USD, trailing percentage of 2%, and a limit set at 64,680 USD.

This configuration means that if Bitcoin hits $66,000, the trailing stop is activated.

If the price then drops by 2% from any price above $66,000, the sale is automatically triggered, locking in profits.

5. Close The Deal And Take Profits

Once my target price hits and the sale goes through, I quickly repay my Binance loan.

What’s left?

I usually profit around 5-10% after covering all fees.

Not too bad for a few smart clicks.

I don’t stay hours or days looking at my screen.

Why My Strategy Is Amazing?

Because it's simple, pretty safe, and it doesn't take a lot of work or time.

Automated: I set it, forget it, and let the system handle the rest. I don't trade with. my emotions.

Informed: I only jump in when I’m confident the market will bounce back. No wild guesses; just informed decisions.

Calm and Cool: If I start getting stressed because of it, either I forget about it, or I sell. This is about making smart moves without getting worried.

Sensible: I only play with what I can afford to lose, keeping enough money to avoid unpleasant surprises like liquidation (been there, done that!).

What Do You Think?

And there you have it my laid-back approach to growing my Bitcoin wallet without becoming a slave to the markets.

If you’re looking to get a little more out of your crypto with the minimum amount of work, why not give this strategy a try?

Try It For Yourself

You want to save on trading fees?

Sign up for Binance and enjoy a 20% discount on trading fees.

This offer is perfect for new users (outside the US).

Get started on making your crypto work for you!

What’s on your crypto strategy list?

Got any cool tips or questions about Bitcoin trading?

Drop them in the comments below or hit me up on X.

Let’s make those crypto gains together!

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