How To Grow $100 To $10,000 Trading Crypto In 2023 | 100x Strategy

so we've all heard the saying it takes money to make money but the beautiful part about cryptocurrency trading is that you really don't need that much Capital at all to be able to grow a small account and create a massive income machine for yourself if you know how to do it properly so today in this video I'm going to use my 7 years experience as a full-time day trader and I'm going to show you exactly how I would take a $100 account and grow it into a $10,000 account okay I'm going to show you how to get access to Capital I'm going to show you the exact strategy that I would use to safely grow your account okay I'm going to show you a system that you can start using today to actually take these trades and I'm going to show you case studies of the trades that I take with my core team of traders to be able to make $3 to $5,000 per week trade in cryptocurrency so if that sounds good to you and that's your goal make sure you hit the like button on this video subscribe to the channel if you like trading and investing check us out on Discord and on Instagram okay we have a whole amazing trading community so the biggest barrier to entry for most people starting their trading journey is the amount of money that they have in their account okay so I'm to show you right now how you can take a $100 account and be able to use $10,000 worth of capital to safely take these trades I'm partnered up with bybit bybit is probably the best cryptocurrency trading exchange out there that's why we partnered with them okay they offer us up to 125x leverage on some pairs you can see right here on certain pairs we only go up to about 50 this is probably the single most important thing to understand when you're getting into trading without this you're going to lose money I promise you so just make sure you pay attention to this part right here okay so for example with my trades I'm risking $500 per trade in attempts to make anywhere from $1,500 to $2,000 per trade but say we're working with a $100 account okay that means at 10% we're risking $10 per trade but now we need to figure out how many coins we need to buy in order to only risk $10 okay so leaving systems aside for a second let's say we wanted to buy AP coin at this level put our stop loss down at this level meaning that if we're wrong and it continues moving down we're selling our position and that we want to take profit at this level what we want to do is find the difference between these values and that's going to give us 057 then we're going to take the dollar amount risk we want to risk per trade which in this case is $10 and we're going to divide it by the difference between the entry and the stop okay and that's going to give us the amount of tokens that we need to buy in order to risk only $10 okay if we're just going in with 250 coins or 1,000 coins we're never going to be able to dial in our risk reward and you're going to absolutely screw yourself so make sure that you're not doing that you need to have that set dollar amount okay so that means in order to find the capital requirement or the amount of money that we need for this trade we have to take the amount of coins and multiply it by the entry price which is this level here okay so in this case we're going to take 175 coins multiply by 3. 35 and that's going to give us $587 that we need to be able to get into this position when we're using leverage the only thing it's changing is how much money we personally need to put into the trade so if I have a $100 account and I use 100x leverage that means now I have $10,000 to use okay because if we only had a $100 account okay this 587 is already 5x the size of our cash value of our account which makes it impossible okay so let's go over to buybit here let's say we want to take this ape trade here okay we need 175 coins we can see right here our Capital requirement for this position is $586 now watch what happens when we open up our leverage okay and you're going to get this warning that the liquidation is high okay as long as you're quantifying your entry and your exit and you're risking that $10 you are safe and you're doing the right thing okay so now only thing that we need to use for this position is $12 which is 12% of our entire account okay so this leverage capability is changing nothing about the risk profile on the trade okay if you plan on trading anyways use the referral Link in the description okay each week we do a giveaway where anyone trading with 50k volume or higher is going to be automatically entered to win $100 per week we're picking three winners a week okay we're trying to give the fees that we're collecting from the affiliate program back into the community for you guys trading with us link is below you can check out our Discord where we announce the winners okay before we hop into the trading system that you can use to start taking these trades I want to go over the rules that I would recommend using when growing a small account okay so the first rule is start with the dollar amount risk per trade 10% of starting balance on a $100 account use that $10 risk okay each time you double the account so when you go to 100 up to 200 okay you want to move that up to the 10% of the 200 moving it to the $20 per trade threshold get comfortable with the dollar amount and use that there until we scale our account up a little bit larger the third thing and this is super important is everyone has a psychological threshold when it comes to how much money they're comfortable risking if I'm looking at losing $500 like this $500 $500 where I lose three trades in a row I don't care who you are or what the math says you're going to start feeling a little bit emotional about the trades and that's something that you really want to avoid until you're comfortable doing that okay so say you work your way up to 200 to 500 to 1,000 okay and then 10% of ,000 is $100 per trade and that's too much for you okay you can walk that back down to $50 per trade pick that fixed amount once you want to preserve your capital and just pick a goal per day on the money that you want to make once you get up to a comfortable threshold where it's fitting your income goals so for me personally you know I like to make three that $3 to $5,000 per week so I'm using you know about 2. 5% of my entire account balance around $20,000 that I keep in my account and then I'll increase it you know a couple years from now move up to ,000 try to make 3 to 5,000 per trade and try to double my income okay so let's get into the bread and butter of the actual trading this is a system that I've been trading the markets with for the past couple months that I've absolutely been nailing trades with I'm going to show you one of the setups that I had on xrp when I was actually in Dubai okay but what I want to do is find an area where I have a newly established uptrend first thing that I want to do is identify my wave count okay so if this is our beginning Wave 1 first pullback is two largest wave is up to three pullback is four and then the high is five and the way we can try to find the top of five is by using a Fibonacci projection off of our one wave so if this is our one value I'm going to click here click back here and then find my factor of one and you can see the price action sort of Consolidated right along this level if we take a Fibonacci retracement off of this level and go up to the high of one if our price action comes down through this 61.

8 or lower we're going to want to Target the 2618 range okay and you can see right here we got three four reacted five came up and then we got our consolidation in here okay so the next thing that I want to do is once I've confirmed that my wave five is here and we get a pull back to this region is I wanted to click a trend off of the high of three right here down to the low of a this is going to Give Me A Channel Of price action to follow okay then I'm just going to clone this up by right clicking on it put this at the high of five right here I'm going to click at my high of five down to the low of a and then I'm going to set my entry to get short a lot of people don't know that you can take the short side of markets but basically I want the price to go down and that's going to allow me to make money as well okay so if I want to get short in on this 61. 8 level here I'm going to put my stop loss to get out of the position just over my five here and this profit Target is going to be to be determined for the moment okay so if I play this forward price action comes up gets me filled in this level so now I'm short okay and the way you do this on buy bit okay see this sell short button that we have this instance we wanted to get short at at 41 okay so the next thing that I'm going to do is find my position size okay so I'm going to take 411 subtract that by my stop-loss value at 4203 that's going to give me this value take my $10 risk and then divide it by that value to get my unit amount for a $10 risk on this trade okay so that means I need 1,000 xrp tokens with my 10x leverage it's going to cost me $37 I can crank this up to 50 hit confirm okay so now you can see my Capital requirement for this trade is going to be $8 and I put my stop loss at that 42 level and then I would just hit open short position that's going to make it so that when this price trades back down to this level or wherever my profit Target is I'm going to make money on the position going down okay you can trade both sides of this Market this system works in both directions okay so if I play this forward you can see price comes down once you see the a level break or at least touch like that so we have price moving down boom we have a break we can start setting our profit Target and the way we do that is we go over here we go into our Trend based FIB extension I'm going to click at the high of B down to the low of a and then back up to this level here okay so what I want to do is drive Fibonacci off of this overall trend up to my high here and you can see here's where my 61.