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Not a trader, so wondering what the recommended way to increase balance is (think in terms of the Earn section)

Binance

Cryptocoins Exchanges / Binance 186 Views

Hey everyone!

So I have a little crypto (around 500 euro) that I am not hodling, and I would like to increase the amount I have (not just hodl and wait for value to increase).

The obvious path a newbie like me would take is something like day/swing trading, however I am not nearly knowledgable enough in those fields to come close to profitable doing them. Might try with spot grid trading, more on that at the end of the post.

And so, I thought I should ignore that for now, and focus more on the "invest" type functionality offered by binance. Stuff like liquid swap, dual investment, etc... Basically the Earn functionality.

But seeing as I still have a smallish amount to play with, I feel it would be more profitable to put all of it into one such method of investment, rather than split it up into all or most (at least for now).

What method would you recommend is best for increasing the amount of crypto say in BTC you own (value is not as important for the moment)?

About spot grid trading: best resources to learn how/when to use it? Is it just automated buying/selling, and so no different to regular trading for someone who doesnt have the knowledge and experience of reading markets?

Sorry for the long post, and thank you in advance if you took the time to read it all and reply!

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