10 Easy Steps to Make Money in Crypto in 2024. [2025 will be too late!]

Do you wish there was just one clear, simple way to make money in 2024?

Something straightforward—10 easy steps, a foolproof plan, anything to take away the stress of worrying about bills or dreaming about a better life without knowing how to get there.

It feels exhausting, doesn’t it? Watching others succeed while you’re stuck, trying to figure out where to even begin, and you think, “Can I just get a break?!”  

You know there’s potential out there, but everything feels overwhelming, and you just wish for that one opportunity to turn things around.

The desire to break free from this cycle and create a sense of financial stability is universal. But where do you start when the odds seem stacked against you?

Guess what? There is—and this time, you’re 100% in control.

The crypto bull run is here, and it's a game-changer! If you’re new to crypto, think of it as a financial revolution —an opportunity for explosive gains unlike anything you’ve seen before.

 And here’s the kicker: it’s happening right now. The timing couldn’t be better. If you start today, you can easily make money during this window. But don’t wait too long—this bull run will likely peak in 2025, and after that, you’ll have to wait another 5 years for a similar opportunity.

Why Now? The Opportunity of a Lifetime

During a bull run, cryptocurrencies like Bitcoin and Solana experience meteoric rises in value, with smaller altcoins often delivering even more spectacular growth. This is the moment when early movers turn small investments into life-changing returns.

The next 12 months are expected to be an explosive money-making opportunity. Market conditions, cutting-edge technology, and institutional interest are aligning to create explosive money-making opportunities. If you’ve been waiting for a sign to start, this is it.

Let me paint the picture. Look at what is possible.

It’s time to take control and make 2024 the year you finally succeed. Let’s dive into what’s possible and how to get started on your journey to easily make money in crypto.

The best opportunities don’t wait—neither should you. Ready to see what’s possible? Let’s go! 🚀

And Here’s the Kicker: Anyone Can Do This!

That’s right—anyone can jump into the world of crypto and start making money. My mom is turning 80 next year, and even she got involved! My daughter, at just 17, has already started trading. And the best part? You can do this right from the comfort of your home.

No boss to report to. No employees to manage. It’s just you, your laptop, and your determination.

I’ll Show You How to Easily Make Money in Crypto in 2024

It doesn’t matter if you’re a complete beginner or someone who’s dabbled in trading before—age, skill level, or experience don’t matter. I’ll guide you step-by-step on how to trade and make money the easy way.

And here’s the bonus: you’ll have access to all my free resources to help you succeed on your journey.

Want to Help Your Family Get Started Too?

Already a trader yourself? This blog isn’t just for you—it’s for your mom, brother, sister, or anyone else you’d love to see succeed. You can share this knowledge with them and help them get started.

This Is It: The 10 Easy Steps to Make Money in Crypto in 2024

If you’re still reading, it’s time to dive in. Let’s break it all down, step-by-step, so you can easily make money and turn 2024 into your most profitable year yet. 🚀

OK, let’s start. This is where I will break down the 10 Easy Steps to Make Money in Crypto in 2024.

Open an account on an exchange

First things first, you’ll need a reliable exchange to start your crypto journey. There are plenty of exchanges out there, but not all are created equal. Some smaller exchanges lack liquidity, meaning there aren’t enough traders or available coins to make buying and selling easy. And let’s be real—if you can’t sell your assets, you can’t make money.

On the other hand, larger exchanges often focus on older, more stablecoins. While those can be good options, they might miss out on newer coins with massive potential upside.

Some exchanges also have very high trading fees.

To avoid these pitfalls, you need an exchange that balances liquidity, security, and variety, and that’s why I recommend Bitget.

Why Bitget?

Bitget ticks all the boxes:

• Great Liquidity: You won’t struggle to buy or sell assets when you’re ready.

• Fresh Coins: Bitget stays ahead of the curve, listing exciting new coins with massive potential.

• Exceptional Security: Your funds are safe with top-notch encryption and security protocols.

• Affordable Fees: Lower fees mean you keep more of your hard-earned profits.

• Powerful Tools: Analytical features give you insights into market trends and smarter trading opportunities.

Getting Started on Bitget

Opening an account is simple, and I’ll walk you through every step. If you’re worried about setting things up, don’t stress—it may seem a little overwhelming at first, but once it’s done, you’re all set for good.

Here’s how to get started:

CLICK HERE TO OPEN YOUR ACCOUNT

1.       Click on Register.

2.       Fill in your details.

3.       Create your account.

A Little Bonus for You!

When you sign up through my link, Bitget is giving new users 20 USDT as a welcome gift after completing KYC and making their first trade.

What’s KYC?

Don’t worry—it’s simpler than it sounds. KYC (Know Your Customer) is a quick verification process to confirm your identity. I’ll explain it step-by-step as we move through the blog, so you’ll know exactly what to do.

Ready to start? Click here to register and claim your bonus! Let’s get you set up and trading in no time. 🚀

Verify Your Account and Complete KYC

Once you’ve registered on Bitget, the next step is verification.

1. Check your email or mobile for the verification code sent during registration. Enter it to confirm your account.

2. Next, it’s time for KYC (Know Your Customer).

What is KYC and Why Does It Matter?

KYC is a standard process in trading, where your government requires exchanges to verify your identity. It’s a regulatory safeguard to ensure transparency and prevent illegal activities. Without completing KYC, you won’t be able to deposit or withdraw funds on the exchange.

What You’ll Need for KYC:

• A government-issued ID (passport, driver’s license, or national ID card).

• A clear selfie (some exchanges require this as part of the process).

The process is simple:

1. Follow the on-screen prompts to complete verification.

2. Once approved, you’re good to go!

3. It might feel like a hassle, but remember—it’s a one-time process, and it keeps the platform secure for all users. Plus, completing KYC unlocks your 20 USDT bonus if you’re signing up with my link.

4. Now that your account is verified and ready, you’re all set to dive into the exciting world of crypto trading! Let’s keep going—next, we’ll explore how to fund your account and start trading. 🚀

If, by any chance you miss this KYC window, you can click on your profile at the top right, and then you will see the Identity Verification option again.

Making Your First Deposit

Now that your Bitget account is set up and verified, it's time to fund it. While the $20 bonus is a great start, adding more funds will give you a greater chance to make loads of money. Here's how to do it:

Access Your Wallet:

On the Bitget homepage, locate the "Wallet" icon in the top right corner.

Click on it and select "Deposit" from the dropdown menu.

Bind Your Mobile Number:

Bitget will prompt you to link your mobile number for added security.

This step ensures your account remains secure and is a one-time process.

Follow the on-screen instructions to complete this step.

Deposit Funds via Credit/Debit Card:

After binding your mobile number, navigate to the "Buy Crypto" section

Select "Credit/Debit Card" as your deposit method.

Enter the amount you wish to deposit and follow the prompts to complete the transaction.

Note: Bitget supports various payment methods, including Visa and Mastercard, making it convenient to fund your account.

By following these steps, you'll have your account funded and ready to start trading. Remember, each step is designed to ensure your funds are secure and your trading experience is smooth.

Now the Fun Begins: Building Your Spot Portfolio

Congratulations! You’ve navigated all the red tape and set up your account. Now it’s time to dive into the exciting part—making money in crypto by building your spot portfolio.

Spot Trading: A Simple Way to Make Money

One of the best coins to trade right now is Solana (SOL). You’ve probably heard of Bitcoin, but Solana is an altcoin, and altcoins are known for offering significantly higher returns than Bitcoin.

Let me show you just how easy it is to make money in 2024:

During the bear market, Solana traded as low as $8.

Today, it’s sitting at an impressive $231—a mind-blowing 28,875% profit for those who bought early.

And it’s not done yet! I believe Solana could hit $400 by the end of the year, which means you could see a 73% profit from where it is today. And there is much upside left for 2025.

Why 2024 Is the Year to Invest?

The current market conditions make 2024 an ideal time to easily make a ton of money. Until now Bitcoin did most of the work. And now the altcoin season starts. This is where the real returns is going to occur. With coins like Solana expected to rise further, you can achieve significant returns by simply placing your money in the right investments and letting it grow for less than a year.

How to Start Spot Trading

Spot trading is the simplest form of crypto trading. It’s as easy as buying a cryptocurrency at its current price and holding onto it until it appreciates.

There’s also leverage trading, a more advanced strategy that I’ll explain later. For now, let’s focus on spot trading—the easiest and safest way to start your journey toward making money in 2024.

Ready to dive deeper? Let’s take a closer look at the Spot Trading interface and what to focus on! 🚀

Creating your Spot Portfolio

When trading on Bitget, setting up your Spot Portfolio is simple and straightforward. Let me walk you through the key components of the trading screen and how to use them effectively.

1. The Token You’re Trading: Look for the drop-down arrow to select the token you want to trade.

For this example, you’ve chosen $SOL (the ticker symbol for Solana). Tickers are shorthand names for cryptocurrencies, often preceded by a dollar sign to distinguish them as trading assets.

2. Chart Layout: You can choose between the traditional chart layout or the superior TradingView chart. TradingView provides detailed analysis tools and a cleaner layout for understanding market trends.

3. Timeframe: This determines the period for each candlestick on the chart to close (e.g., 1 minute, 1 hour, 1 day).

4. Order Book (Red Zone): The red prices represent the selling prices—what traders are willing to sell their coins for. It also shows the number of coins available and the total value at each price point.

5. Order Book (Green Zone): The green prices represent the buy orders—what traders are willing to pay for the coin.

6. Number of Coins: Enter the number of coins you want to buy or sell in this field.

7. Total Price: Alternatively, you can input the total amount you wish to spend or earn.

8. Buy or Sell: Choose whether you want to buy or sell the coin. For now, you’ll be buying $SOL.

9. Available Balance: The balance of $USDT (Tether) in your account will be displayed. $USDT is a stablecoin pegged to the US dollar and is the primary currency for buying tokens.

10. Executing the Trade: Once you’ve entered your desired price and quantity, click the buy button to complete your purchase.

At the centre of the order book, you’ll see the current market price displayed prominently.

NOTE: Watch Kyle’s show to see which are the latest coins he will be investing in during this new altcoin cycle. Watch it here.

A Quick Note About Bitcoin

If Bitcoin's current price of $94,448 seems daunting, don’t worry. Like gold, you can purchase fractions of a Bitcoin. Even small investments can grow significantly in a bull run.

Leverage with Perpetual Contracts

Leverage trading can amplify your profits and make it easier to earn substantial returns in crypto trading. By using Perpetual Contracts, you can trade with borrowed funds, enhancing your potential gains.

The Power of Leverage: Let’s break it down:

Bitcoin traded at $16k during the bear market.

Today, it’s worth $94k, a 580% increase.

With just 3x leverage, your profit could have been 1,740%!

Now, that’s a strategy to beat inflation and easily make money.

How to Start Leverage Trading

Transfer Funds: Move some of your funds from your Spot Account to your Leverage Account.

Click on Wallet, then select Transfer.

How to Access Futures Trading

Go to Futures Trading in the top menu and choose USDT-M Futures.

USDT-M Perpetual Contracts differ from traditional futures as they don’t have expiration dates, letting you hold positions indefinitely.

Leverage makes it easy to make money in crypto trading, especially when used with perpetual contracts.  In the next section, I’ll explain how to maximize your gains while minimizing potential losses. Let’s keep the momentum going! 🚀

Key Features to Understand Before Trading Leverage

Take a look at the arrows in the image above and let me explain what each one represents. These tools are critical for managing your trades effectively and safely.

1. Cross vs. Isolated Trading

• Cross Margin: Uses all the funds in your account to cover potential losses.

• Isolated Margin: Limits your risk to only the specific amount you allocate to that trade.

Pro Tip: When starting out, always choose Isolated Trading. This ensures that if one trade performs poorly, it won’t affect the rest of your portfolio.

2. Leverage (20x)

• Leverage allows you to multiply your potential profits—but it also increases risk.

• My Recommendation: Stick to 3x leverage until you gain experience. Even seasoned traders find 3x leverage effective because it balances risk and reward.

To adjust leverage: Click on the Leverage option. Use the slider to lower it to a safer level, like 3x.

High leverage (e.g., 20x or more) can wipe out your account in seconds if the market moves against you—so proceed with caution!

3. Limit Orders

Limit orders let you specify the price at which you want to buy or sell a coin. For example, if you expect the price to drop before it rises, you can place a limit buy order at the lower price.

This is especially useful for strategies like Dollar Cost Averaging (DCA).

DCA: Taking Advantage of the “Buy the Dip” Opportunity

Let’s say Bitcoin ($BTC) is trading at a high price, but you believe it will retrace slightly before continuing upward. Instead of guessing the exact retracement level:

1. Set multiple buy orders at different price levels below the current price.

2. As the price dips, your orders will execute automatically, allowing you to accumulate Bitcoin at a lower average cost.

DCA is a smart way to reduce risk and make a lot of money during market fluctuations. It ensures you’re always prepared to “buy the dip” without needing to time the market perfectly.

Key Trading Features: Market Orders and TP/SL

Market Orders

A market order executes your trade at the closest available price in the order book. It’s particularly useful in volatile markets where prices move quickly.

Drawback: Market orders typically come with higher fees than limit orders.

Pro Tip: Unless I plan to hold a coin for the long term, I avoid using market orders in spot trading. For short-term trades, limit orders provide better control over price and fees.

TP/SL (Take Profit/Stop Loss)

Take Profit (TP): Closes your trade when the price reaches your desired profit level.

Stop Loss (SL): Closes your trade to prevent further losses if the price moves against you.

When you check the TP/SL option, you’ll see two fields to set your values.

Example: You’re trading $BTC. Set your Take Profit at $140k to secure gains. Set your Stop Loss at $93k to limit losses.

These tools help you manage trades efficiently, especially when you can’t monitor the market constantly.

The Importance of Risk Management in Leverage Trading

It's crucial to understand the risks involved and use leverage wisely. As much as you can make, so much you can lose also.

When using leverage, it's essential to have a solid risk management strategy in place. The potential for high rewards comes with increased risk, so only invest what you can afford to lose. Educate yourself on leverage trading principles and start with smaller amounts to build confidence and experience.

It is highly recommended you join the WHALE ROOM if you want to consider doing leverage trading and make between 3 and 20 times the amount you will make with spot trading.

Minimising Risk with Grid Trading

Grid trading is a strategic approach that automates buying and selling within a specified price range, capitalizing on market volatility to generate profits. By systematically placing buy and sell orders at predetermined intervals, it helps mitigate risks and can make it easier to make money in crypto trading.

Step-by-Step Guide: Setting Up Crypto Trading Bots on BitGet

If you're new to trading bots or want to optimize your strategy, here's a step-by-step guide to setting up your trading bots using BitGet.

Click on the Trading Bot tab in the top menu.

You’ll see various bot types, such as:

Spot Grids: Ideal for buying and selling based on price oscillations.

Futures Grids: Utilizes leverage for potentially higher returns (more risk involved).

Choose Your Bot Type. For long-term holdings, select a Spot Grid Bot. This bot buys at support levels and sells at resistance levels.

If you prefer automated setups, choose the AI Bot. The AI Bot provides returns of around 87–90% over 30 days. Recommended runtime: 5–8 days before taking profits.

For more control, select the Manual Bot to customize your strategy. I prefer Manual bots for better control.

Manual Spot Grid Setup

Click on the Normal tab for manual setup.

Define your parameters:

Lowest Price: The minimum price where you want to buy. For example, I set my lowest price at 229 for $SOL.

Highest Price: The maximum price where you want to sell. Here I set it at $400

Select the Number of Grids:

I selected 50 grids. So, you will see that the first 6 green lines are where the bot will buy Solana for you. The remaining 44 red lines are where the bot will take profit for you on your investment.

The bot will divide your total investment equally across these grids.

Input your Investment Amount: According to this example, BitGet will need at least $37 for each buying for these grids

Decide on Your Profit Strategy

• HODL Mode is Ideal for long-term investors. In this case, the bot will not automatically sell your positions. You will need to terminate the bot yourself. In this case you can also set your highest price below the current high in which case the bot will only buy the coin for you at various prices. And then you can take profit in your own good time at $400. This will happen when you tick the box: “Sell at termination.”

• In Profit-Taking Mode the bot will sell incrementally as prices reach resistance levels.

To Activate Your Bot, you will click Create. The bot will appear at the bottom of your screen, showing your Profit – that is your total gains. It will also show your Running Profit which is your real-time performance.

Set Up a Futures Grid Bot

Follow the same steps as the Spot Grid setup.

The Key Difference: Futures Grid uses leverage for amplified results. Adjust your leverage. In this case, you can see you will need at least $207. Click on Advanced settings and set your Stoploss and Take Profit prices.

Increased risk comes with higher rewards. Therefore, I recommend you trade with less money. You can use the AI Option but it has a higher risk or you can stick to the manual setup for better control.

Pro Tip

Start with a manual Spot Grid Bot for control. Trying leverage? Use less money to keep risk low."

It involves setting predetermined buy and sell orders at regular intervals, creating a grid-like pattern. This method helps you profit from market fluctuations without constant monitoring.

By implementing grid trading, you can take advantage of price movements within a specified range. Bitget provides tools to simplify grid trading, allowing you to set parameters that align with your investment goals. This strategy ensures steady gains, even in unpredictable markets.

For more insights into grid trading, refer to our detailed guide or watch our informational video. These resources offer step-by-step instructions to help you master this strategy and integrate it into your overall trading plan.

Protecting Your Funds

In the world of crypto trading, protecting your funds is paramount. While the potential for high returns is alluring, safeguarding your investments ensures long-term success.

Enable two-factor authentication (2FA) for your Bitget account. You will find that option also under your profile settings.

It is imperative that you read my blog about Crypto Scams here. Remember, you are now 100% in control, and it is for that reason that you should also know how to protect yourself.

Engaging with the Crypto Community

Trading is a big community thing. You will find most of the crypto chats on X.com. There are a lot of people giving great advice. But as many as there are good people, so many scammers you will find online.

Participating in community discussions helps you stay informed about market developments and emerging trends.

Tomorrow I will dedicate a blog solely on everything you will come across about scams. It is very important that you read that here. Being able to grow your income is great. But you should know that only you are responsible for keeping your money safe. It can become a very lonely place to be in if you do not become part of a community that can advise and support you.

Ever wondered why rich men play golf? It is because they make their best deals there.

As a first step, follow Kyle Doop here.
The best traders flock together. If you are interested in becoming an insider, join the Whale Room. Here you can trade and learn alongside some of the best technical analysts in the world!

Staying Informed About Market Trends

Surrounding yourself with like-minded individuals creates a supportive environment, encouraging continuous learning and growth. This way it will be easy for you to make money trading crypto. It is equally important that you know who to NOT follow than it is who to follow. The crypto market moves very fast and you will find new opportunities every day.

Knowledge is power in the crypto market. The more informed you are, the better equipped you'll be to make strategic decisions and easy money.

Become an insider and know about coins long before they are pumping. Join the Whale Room.

🐋 Swim with the Whales

Welcome to the Whale Room, where precision trading meets extraordinary gains. Once again, our expert traders have been riding the waves of success, delivering incredible results:

Christo Columbus: Cementing his legendary status, Christo crushed a 100% gain on $CPOOL in record time. But the crown jewel? $GROK, skyrocketing by a jaw-dropping 1400%! Add a solid 185% return on $XRP, and it's clear why he's among the most insightful traders in the game.

Captain Kyle: True to his title, the King of Memes and chart master delivered a 210% gain on $NEAR. His precision continued with a 94% rise on $RENDER. When it comes to mapping out success, Kyle's navigation is unmatched.

Farouk the Sea-Scalper: Known for his quick plays, Farouk nailed a 76% profit with $BANANA and an impressive 134% surge on $ZEUS. Not stopping there, his 150% return on $WIF and 122% on $SUI prove his mastery of short-term opportunities.

Let us set sail into the success stories of our members. Here's a powerful testament to the Whale Room's impact.

Here in the Whale Room, it’s about more than just gains—it’s about building a community where insights, strategies, and opportunities are shared, making it easy to make money while helping every member thrive. Together, we’re navigating the unpredictable seas of crypto trading and riding the waves to riches.

Want to join a community on your voyage to prosperity? Sign up here to swim with the whales! Join the Whale Room.

Conclusion

The current bull run presents an exciting opportunity for crypto traders to maximize profits with strategic planning and execution. By following these 10 steps, you'll be well-equipped to easily make money in crypto trading and achieve success in the volatile world of cryptocurrency. From setting up your Bitget account to engaging with the crypto community, each action builds a solid foundation for long-term growth.

🚀 Ready to make the most of this bull run?
Take action now while we have a Black Friday special running and start your journey to crypto success. Click here to join the Whale Room for expert guidance, actionable insights, and a community dedicated to thriving in the crypto market. Don’t miss out!

Make 2024 your breakthrough year in crypto. Let’s trade smarter, and make money—together.

Tell me in the comments below—are you new to crypto trading? Who are the traders you follow?  I read all the comments.

Don’t wait. Take advantage of our Black Friday special!—click here to join the Whale Room now and start swimming with the pros!

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Chat soon!