Aside from that, the lower capital you have and you're thinking of $5-$10 per day, it isn't a simple thing to make because it will require you more capital to achieve that per day profit.
Rather than staking that you're risk too many coins, it's better if he's trading and learn how to understand the market. Though trading doesn't guarantee your will always earn profit, but staking is more like holding, holding altcoins for long time isn't good choice.