I've noticed that most beginners make one typical mistake — they just buy a coin and wait for it to grow. But this can take weeks or even months. A different approach is needed.

It all comes down to understanding profit and how to use it correctly. Essentially, it's your target profit in percentage terms at which you exit the position. Sounds simple, but few plan this in advance. And that's a mistake.

When you determine your profit beforehand, you gain several advantages. First, you know exactly when to close the trade — no guessing needed. Second, instead of rare large gains, you earn frequent small ones — which is much more reliable. Third, you control the process and accumulate either coins or dollars, depending on your strategy.

The calculation formula is quite simple: the target price equals the entry price multiplied by (1 plus profit in percentage divided by 100). Let's look at examples.

Imagine you bought a coin at 1.000 USDT and want to earn a 0.5% profit. Target price = 1.000 × 1.005 = 1.005 USDT. You set a sell order exactly at this price. Or another case: you entered at 0.328, aiming for a 0.6% profit. That gives 0.328 × 1.006 ≈ 0.330. That’s all the math.

Now the question — what profit should you choose? If you want to avoid staying in the position, consider 0.3–0.6%. If the coin is volatile, you can go for 0.7–1.0%. Above 1.5% is already high risk of not reaching the target price, especially when the market isn't rising.

An important point: exchanges charge about 0.1% on entry and 0.1% on exit, totaling 0.2% in fees. So, your profit should be at least 0.2%, otherwise you won’t break even. If you set it at 0.5%, your net profit after all fees will be about 0.3%.

What happens when profit is calculated incorrectly? Too small — the fees will eat up everything. Too large — you might never reach the target price and end up in losses for several days. Not calculating at all — it's like going to an unfamiliar city without a navigator.

My conclusion: always calculate your profit before entering a trade. Don’t guess — use the formula. It’s better to make five trades with 0.5% profit each than one with 5% that you’ll never reach. Trading is math, not intuition.