How to start trading with 1 BTC? What is the first step?

[Razan alikac 1899]

I advise you to buy several cryptocurrencies and not limit only to bitcoin, monitor the market and its movements to buy at a reduced price and then sell when the price increases

[cryptousd20 141]

Starting trading with 1 Bitcoin is very good because you will earn important money daily because bitcoin now equals about $ 10,000. You have a daily return of 2%. You have $ 200 per day. This is a good thing.

[Trader21 1199]

Just now, Bashriii said:

Yes I agree with you man this means that in order to withdraw money and in some cases to start trading the user must disclose his personal data.

That is the reason why KYC exists at the first place and limiting the KYC will be a bad idea for the average crypto trader. Personal data should be disclosed only to exchange employees or other scammers who can steal this data. 

[bliznec 22268]

I would not and did not start trading with such a large amount of money, especially if you are a novice trader. And if you start trading, then you need to start in short-term positions.

[Sasaki 171]

Before you enter crypto trading you must first know how the market works and the movement of the price of every crypto should always be observe, also you must have enough know about crypto, because trading is not easy especially trading in that btc, and the most important is that you should have always a patient while doing trading. 

[energyl33t 443]

I think you need to start with less balance to learn how to trade

[Mushfiqur rahim 16]

Thank you for sharing this important information with us. First of all you need to choose a real investment site.  Then you need to make an investment plan.  After all this, you still have to invest.

[amara123123 76]

If you have one btc so need then choose best coins and tokens of the market for trading purpose. We can trade on top 40 coins or tokens of this market. So chose only few not all. 

[Sapdrx 469]

1 minute ago, Siam Khan said:

The initial step I made was the way I started with 1 BTC, I was focused on what I was replacing as I started to change 1 BTC, so it did not turn out to be a small price so I moved to the center and did not disappoint, considering the true nature of the event. The reason I was careless was to lose me some cash.

For me it is splitting my BTC in multiple altcoins and by that spreading my risk. Altcoins regularly outperform Bitcoin while Bitcoin remains relatively stable. That's good for trading.

[Ms.o 3322]

For all who decided to enter trading world,money is not enough,even you have money to invest you will need a knowledge,and the first step you really have to do is to learn all aspects of crypto world and those platforms that you will use,on how it is reliable and legit.

[Robot 93]

Actually for trading you must be need to used an exchanger. I think yobit is the best exchanger for trading. Here you can easily trade your coin

[George10 9932]

Nice post there I'm happy for you that you have enough funds to put into the businesses as you said you want to start trading with 1 btc in my opinion the capital is so much I suggest you start with a small amount first and avoid putting at risk the whole lot of 1btc because trading or investing involves high risk of losing funds and I would advice you to do some research on good platforms or Brookers where you can trade or invest your bitcoins and acquire some knowledge and strategy on how to invest and trade before you get started thanks that's my opinion.

Edited February 21, 2020 by George10

[Oxygen 1004]

On 11/11/2019 at 9:29 AM, Jhon Ryan said:

So i have decided i will start trading with 1BTC first. I have read many people suggesting me to day trade and earn some good profit daily.
Let me tell you all, i have no experience in trading and it sound so difficult to me so please answer my questions
so how can i start and where can i start?
where to learn the basics? some good books?
how much profit can i expect daily in the beginning?
How to avoid major loss?
is there any professional traders that allow to follow their trades and they charge some fees for it?
Waiting for your answers   

 1 bitcoin is enough to get bigger gains i think. I dont have even 0.1 satoshis to trade and i wish i have at leaset 1 or 2 bitcoin to trade. But it is also needed to learn as you said. And start of trading should be done with a very little amount

[Jbetancourt532 17]

The first step is to invest in education because if you have no experience, you will only lose money, you have to create a consistent trading plan.

[Talilo88 47]

only put money into those people loose change that you've ample data since folks who want have sufficient analysis for this market place then you certainly are not able to gain one particular volume from that.

[michael3 34]

On 2/22/2020 at 8:16 AM, Pik01 said:

Trade is very good earning system most people used good earning system so I think trade need good analysis this market and most people want good security trading site and I think most people want trusted and safety tradeing site so I am like good trading site

I think you missed the point. It's very wrong when newbies who are just learning do not know much about trading and start trading with 1 bitcoin

[melikf78 987]

On 11/11/2019 at 7:59 AM, Jhon Ryan said:

So i have decided i will start trading with 1BTC first. I have read many people suggesting me to day trade and earn some good profit daily.
Let me tell you all, i have no experience in trading and it sound so difficult to me so please answer my questions
so how can i start and where can i start?
where to learn the basics? some good books?
how much profit can i expect daily in the beginning?
How to avoid major loss?
is there any professional traders that allow to follow their trades and they charge some fees for it?
Waiting for your

i think one bitcoin is too much for you because you want to start and learn trading for first time and you may make mistake so i think you should start with lower amount of btc like 0.01 btc for your questions i think you can find the answers on the internet and your profit depends to your trading.

[Ashkwik 122]

It's always about steps when it comes to trading in cryptocurrency and the best trading way is to first learn and do research which strategy to use.

[michael3 34]

On 2/28/2020 at 6:06 PM, Sweetheart said:

Yes that is wrong it is better to start with a small amount because you gonna lose it as a newbie.

Absolutely true. I think losing a little capital is okay as long as we can learn from these mistakes to be better in the future (trading).

On 2/28/2020 at 6:13 PM, eantidy said:

the way I begun exchanging with 1 btc The primary step I did was, I remained centered on what I was exchanging since in my conclusion beginning exchanging 1 btc was not a small value so I proceeded to center and not be careless, because if I was careless I would lose a number of coins me.

let's talk about reality. Do you have 1 BTC now? If not, let's focus on what you have now, invest it, and quickly get 1 BTC.

[michael3 34]

3 minutes ago, xipado said:

If you have got no encounter in exchanging then starting with 1 btc is might be danger because on the off chance that you select off-base coins at that point your cash will dried quickly and to extend your experience in exchanging i suggest to you begin will moo sum and in case you as of now great sufficient at that point you'll exchange together with your 1 btc

Hi @Desais, I think there is something wrong with this forum. Because posts made by @Sweetheart appeared on my notification

[ram007 391]

1 btc is big amount of money already,so better be careful and dont trade it yet,just hold it while your still learning. you can have big profits on that amount when you know exactly what your dealing for,so better do research no need to buy books actually as online world are full of informations.

[Rickso 768]

On 11/11/2019 at 5:29 AM, Jhon Ryan said:

So i have decided i will start trading with 1BTC first. I have read many people suggesting me to day trade and earn some good profit daily.
Let me tell you all, i have no experience in trading and it sound so difficult to me so please answer my questions
so how can i start and where can i start?
where to learn the basics? some good books?
how much profit can i expect daily in the beginning?
How to avoid major loss?
is there any professional traders that allow to follow their trades and they charge some fees for it?
Waiting for your answers   

if you are a new trader and you know nothing about it then day trading is not for you, you will lose a lot of money. without knowledge, there is no good "strategy" for you the only thing you can do is studying and learning how to trade and then start trading with real money. to start learning i suggest a free site that is called babypips

 

[jacker 1095]

Sorry, but with 1 bitcoin, I recommend not trading with 1 bitcoin. You can trade with 20% and hold 80%. It is safe, you should only profit from 20% is okay. If the deal runs out, I'm afraid of risk

[phizusiki 239]

On 12/22/2019 at 8:45 PM, BTC Future said:

Day trading is really difficult. I'd advice you to start trading with way lower amount of money. I read a while ago that around 90% of day-traders are losing money and quit after some time. It is better to swing trade and use no leverage. Just watch the market and when you are confident buy.

 

Day traders have strategies using terms like stop-loss and take profit (i.e. Buy: 0,02 SL at : 0,01, TP at 0,05). They use tools as sequencial, fibs and oscillators. But the difference of day-trading with realone are the timetables. They mostly watch 15-30 minut canddles while zooming out to 4h max.

 

The real investment funds are watching the daily/weekly and monthly charts in order to make a decision. It is fundamentaly better to go with daily and weekly charts to be profitable.

trading is not as easy as we think You watch videos on YouTube, you get a lot of knowledge that you can make transactions with xrp etherum litcoin doge coin on xlm If you trade properly, you will make a good profit. I recommend you practice on a demo account and then make a small initial investment and continue trading after you receive a good order then invest more and analyze the market is a very important factor for trading. .

[scorpiali 5626]

On 11/11/2019 at 6:04 PM, IrinaLavrinova said:

One of the key criteria for choosing an exchange should be the level of security that it is ready to provide. Those who care about anonymity should be aware that while cryptocurrency exchanges do not yet have laws on exchange trading, they are subject to the laws of the countries in which they are located. This means that in order to withdraw money, and in some cases to start trading, the user must disclose his personal data.

As you said the best thing is to choose the good exchange to store and trade your bitcoin and the majority of exchange now ask for verification to be safe and secure with your funds