How to Make Money Trading Crypto: How I Made My First $1,000 in 3 Months

How to make money trading crypto

Do you wonder how to make money trading crypto without using fancy tools or deep technical knowledge then trust me you are not alone in this. I started my first trading with just basic knowledge of trading, a little capital but a lot of determination. Three months later, I got my first $1000 profit and I’m going to break it down for you on how I did it.

Let’s go through the strategies I used, what I learnt, and how can you take your first step toward financial growth or make your first profit through crypto trading.

Step 1: Learn the basics properly before you make money trading crypto

I took two weeks to learn everything about the basics before I place my first trade, so you should take your time learning everything you could about the basics.

Know what cryptocurrency is
How does blockchain works
The difference between spot trading and futures
Learn about the popular coins like Bitcoin, Ethereum, and also a few alt coins

You don’t need to become an expert or a developer to succeed. But to make money trading crypto, you definitely need to understand the market environment. I watched YouTube videos, focused on beginner friendly blogs to begin with, and demo trading apps.

I also kept a trading journal with me since the day one. That helped me find what my mistakes were and spot what was working for me.

Step 2: Start small; trade what you can afford to lose and choose the right Platform too

My initial capital was just $300 I didn’t even mind losing that money since it was my first trade I didn’t rush myself and started with a small capital. I didn’t wait to save $5000 because I wanted to learn by doing but without risking more than I could afford to lose.

I chose a user friendly and a well reputable crypto exchange that offered.

easy deposits in my local currency
low trading fee
a clean interface
good security

I also made sure that it also has features like limit orders, stop losses, and mobile access, so I could monitor trades anytime. I avoided leverage completely.

Step 3: Focus on 1-2 you can understand

I didn’t jump into random trending coins. Instead, I picked two:

Bitcoin
Solana

These coins were easy to make research on follow in the news. I tracked the price dips manually with the alerts I set up on TradingView using simple indicators. If you want to make money trading crypto, stick only to a few coins first. Don’t spread yourself too thin by chasing every opportunities.

Step 4: Use simple strategies that actually work

Here’s the exact strategy that I used during my 90 days:

Buy the dip

I never bought coins just because they’re cheap. I waited for a pullback after a strong uptrend.

Set targets and take partial profits

Once a trade was in profit, I set target levels and took profit in stages at 5%. 10%, and sometimes 155 gains.

Never chase pumps

If a coin suddenly spiked, I didn’t enter. I waited forthe nextsetup.

Step 5: Manage Risk

My rule is to never risk more than 3% of my capital on single trade.

So, if I had $300, I wouldn’t more than $9 on any single trade. In this manner even if I lose 3 times in a row, I still had my capital left with me and wouldn’t be emotionally broken. Risk management is the real secret to make money through trading crypto. It’s not just about winning trades it’s about surviving the bad ones.

Step 6: Stay consistent with a daily routine

To stay sharp and not to make bad decisions, i developed a simple routine:

Morning 20 mins: Check crypto news, globally market
Afternoon 15 mins: Review watchlist, set alerts
Evening 30 mins: Analyze charts, journal results

Even with a busy schedule, this routine helped me stay in control.

Month by month breakdown of how I earned $1000

Month 1 is about learning and small wins

Capital is $300 and the wins are 3 trades total gain $80 and the losses are 2 trades with the total loss of $40 and the total net worth is $40.
This month was mostly about learning. I made more mistakes than profits.

Month 2 is about building confidence

The 2nd month the capital is $340 with 6 wins and 2 losses. The 6 win’s gains are $200, and the total losses are $50 and a net worth of $150
This time, I found my rhythm. I followed news about my favorite coins and avoided weekend trading

Month 3 is about doubling down on what worked

The capital for this month is $490 and total wins are 7 and only 1 loss and the total gains throughout the wins are $600 and for the one loss %90 now the total net worth is $510.
One of my best trades was buying SOL after a brief correction and selling after a 25% rally in two days. i took only partial profits and exited without being greedy.

What helped me the most to make money trading crypto

1. Discipline over excitement

I didn’t trade unless they meet my checklist. Emotions with excitement would kill the consistency and I wouldn’t be able to stick to the plan if I had let my emotions take over.

2. Focus on one goal

My plan wasn’t to get rich faster. My only goal was to make $10 to $20 per week consistently, which eventually became a bigger amount.

3. Learn from mistakes

I read my every losing trade as a story and then asking myself questions like why did I enter too early? Why didn’t wait for confirmation? and so on which sharpened my knowledge about trade more.

What are the things I avoided

Signals from groups: I didn’t follow random signals or alerts from Telegram or social media
Pump and dump coins: I avoided meme coins and hype tokens
Fear of missing out (FOMO): Whenever I missed a move, I let it go instead of worrying and waited for the next.

These decisions helped me a lot with my trading and avoid massive losses and also to keep my mind stable.

Scaling after the first $1000

After making $1000, I didn’t rush myself to make more or go on full time trade. Instead, I reinvested my earnings into:

Learning more advanced strategies
Upgrading my setup
Increase the position sizes slowly

Now I don’t aim for $10 to $20 weekly rather now I expect for $100 to $200 per week consistently. The same rules still applies but just with larger trades and more experienced skills.

Conclusion

Making $1000 in just 3 months wasn’t a magic it came from

smart risk management
clear strategy
patience
daily learning

If you’re still wondering how to make money through crypto remember that consistency beats luck. Focus on the process not just profit.

Table of Contents