It's really hard for new traders to profit from this seemingly daunting market in this day and age.

But fear not! I have a solution for all of us, and one that I believe will help if you read and understand carefully.

That said, we're in a really complex position here, because this isn't financial advice. So please apply your discretion before applying these steps.

Cool? Cool!

Let's get started.

Ok, so obviously before you can invest, you'd need capital. Capital is a real sore point for most people because most people believe that they can strike it big with $100. Or $200. Those are rookie numbers yo!

It's essential to start with at least $500 in investment money, because you can then profit off of smaller moves in the market. These profits can then be reinvested into the market, giving you even more capital to play around with. 

Of course, you must have practiced with a demo account for at least a month because risking any of your own money.

If you read that whole intro and you're scared, don't worry. That's the conventional way to make money.

I love the easy way out. I really do. So here's how to make the money the easy way!

You'd need a few things of course: An exchange, some money and a little bit of luck.(The last part is a lie. Luck isn't required)

I recommend Binance because of their highly liquid pairs and amazing volume.

Once you have registered on Binance, invest about $100 into this process. Now I know that I spoke against that earlier, but because you're a newbie, it's important you keep your risk as low as possible.

I suggest you buy USDT from Coinbase, or buy any cryptocurrency from any exchange of your choice and convert it to USDT using Changelly.

Send this USDT to Binance. It's really easy to do so.

Once that's done, you need to go to the "search" function.

Don't type anything in though. Just change the settings of your search to allow for the highest volume coins, and the largest percentage change.

Once you have found a coin with at least 2000BTC in volume and has about a -1% decline in price, you can proceed to buy this coin.

Set a stop loss order though, incase the coin was a bum. This way, you'd be out of the market at the first sign of a downturn.

If the coin does rocket however, it rockets 2-5x it's price usually, if it follows the criteria I set. You easily get at least 2x your investment money, which can then be hedged in BTC by buying some BTC.

The key is to not be greedy. If you see 2.5x gains on a coin, don't believe that it will keep going up forever. Simply cash in your profits and run. 

If you keep on watching it go up, you will also watch it go down because that's how the market works.

So don't be greedy. Take profits at the first sign.

Here is an example chart that I personally traded with these steps.

I'm not saying go out and buy this coin though. It has appreciates over 40%, so it's lifespan is almost over. But you can see the steps in action here.

The volume is high. The price is low.it ranged for days.

I bought in with a very tight stop loss, and was able to profit from the trade.

So that's my guide! Obviously you should read up a lot more on advanced trading strategies and whatnot to precisely time your entries and exits. But this is the bare minimum of what you need.

Thank you for reading.