Can you earn $10 a day with $100 in capital?

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This is a very common question among beginners in the world of cryptocurrencies. The answer to this question is very simple: NO. It is very difficult to earn $10 EVERY day having only $100 and being a beginner.

So, how much money do you have to have to earn $10 a day?

Let's see different ways to earn $10 a day, and how much money you have to have. Let's start with Staking.

️I have entered the "EARN" page and have searched how much I have to invest to earn $10/day. I have counted this in USDT, and it tells us that if we want to obtain that daily profit, we have to invest $77,000 (assuming that they are not going to lower the annual percentage).

It's a lot of money, we better look at other ways.

The second way is with trading.

Let's say that we trade with BNB, and every day we buy at the minimum price and sell at the maximum price. Looking at today's analytics we can see that the minimum is $299.1 and the maximum is 305.2. This means that if we had bought 1 BNB (~$300) we would obtain $6.1 profit. So if we wanted to earn $10 we would have to invest ~$500.

Let's take another example in case you don't trade with this currency, for this we take SOL for example and we see that the minimum price is $96.39 and the maximum is $102.57. Which means that if we bought 1 SOL we would obtain a profit of $6.19. So to get $10 we would have to invest ~$150. Much less than BNB, right? But it must be said that these increases do not occur every day, and also that it is very difficult to buy and sell at the maximum/minimum prices.

Conclusion:

The conclusion I draw from this is that it is very difficult to earn $10/day with only $100. And I think that the ideal capital to obtain this benefit is $300-$500. How much money could you earn $10/day?

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