Check out Market Mathematics 1 here to know what all the gibberish in the naming is all about.

Welcome to another episode involving our least favourite subject in our least favourable position: Using Math in the market!

This time, it's how to grow a small account.

Most of the things in this post will be based off of the previous one, so just glance through here to get a quick overview. It's a 2 minute read, but I summarised it at the end of the post.

That said, let's build a small account!

This is actually based off of how I got into trading. I got started with just $500, and I have been able to turn that into a lot more than that today. 

All through a simple process that I will share with you.

Obviously, many people don't have $500 to theoretically throw away. Some people night have just $50.

This amount will be the basis for this post.

If you have $5 and you want to invest, you should probably go sports betting. You have a higher chance of success there than here.

Ok, so you have saved up $50 that you want to invest in the crypto market with.

What do you do?

Well, you head on over to Binance.com to create a no KYC required account.

After you've don't that, you deposit your USD into Binance and buy USDT with it using the USDT/USD pair available.

Then you proceed to buy any cryptocurrency of your choice that is paired with the USDT.

Now you've done that. You probably only got 43 USD worth of the crypto you bought,because fees.

Now you're ready to grow your account.

The first step is to calm down. This WILL take s long time. And if you're not ready to wait for s few months(maybe even a year), then you could increment your initial investment, or save up a little more. This will be to reduce time.

Next up, develop a small account growth strategy. This strategy will involve more risk than if you wish to grow a bigger account.

You will need really tight stop losses to ensure that losses are as minimal as possible, and that any growing losses are nipped in the bud.I have  a post on creating a trading strategy just to grow small accounts here. Check it out!

Now, it's on to the nitty gritty.

Take your first trade based on your well defined preset rules. 

Don't ever deviate from these rules, no matter what. You created them to help you guard your small account against whale losses, and you definitely don't want what seems like a good opportunity to counteract that.

Lastly, always lock in your profits. Don't ever reinvest them into the same pair. That's putting all your eggs in one basket. If the basket falls, you're screwed.

Reinvest your tiny profits into other pairs, and then do the same for other pairs, and other pairs, and so on, and so on. The cycle continues. 24/7/365. That dough gotta come yo! 

With these steps, you should be able to grow your account at least by 40% in 5 months. This is a realistic value, and your actual value will deviate either towards or away from this one. 

Thanks for reading.

Remember: None of this counts as investment or financial advice. Only you can decide what you do with your money. Seek the aid of a financial advisor to see if you should be investing in crypto.