How to start trading with 2 BTC? What is the first step?

[cryptoangel]

in the beginning, it is better to try with a small amount when you have no basic trading because I have a bad experience with losing a lot of money because it does not have basic trading when I just followed some of my friends who do daily trading. quite a lot of shitcoin, and you have to be careful before buying it, and most importantly not greedy, self-control, because this often makes us lose a lot of money in trading.

Obviously small scale trading is good for new investors. But we have stablecoins in crypto market so we can hold our total investment in USDT and choose some desire project is good. I suggest Bitcoin also best coin in cryptomarket so they hold long term seriously it will going to moon.

[inthelongrun]

The first step is to arm yourself with basic trading. Any basic trading books will do. You can even study all basic trading thru the internet for free. There are too many videos available in youtube. Reading materials are also ample online.

I find it boring when studying on videos and reading materials so it is also good that at the same time you already have an account in any reliable exchanges like Binance. Deposit a small amount like $10 to make it more exciting. You base your gains thru percentage.

Earning regularly in trading is never an easy task. It takes experience to mold a strategy that fits to you. Some people learned fast because they spent more time daily with some sleepless nights.  

[liuqi]

Hey please don't do that and if you want to invest to Bitcoins to something please look for the the good and stable investment return plan in your country.
if you invest such a big amount on trading platform you need to face the situation like losing fund are making profit it is usually based on your luck only but in your country e with the good good Government bonds and shares you can get better returns.

[EdenHazard]

+1

You need to plan everything, set a target ... daily, weekly, monthly and yearly.  Stick to that plan and be disciplined.

Minor loss is a must so you can learn something what's wrong from it and fixed everything ASAP. let it flow don't trade feel like under any pressure , do it patiently as time goes by you'll gained experience and that time you are good to go to set higher profit target and so on. The most important part is to not use all the money you have , save it for the unexpected scheme.

Discipline is important here. Just rade on major coins so that it wot easily dump. Be patient always, and check your position from time to time. Hopefully, OP is ready for trading,  I mean armed with research, knowledge on TA or trading tools, etc for better decision making.

You shouldn't wait to trade until you ready , just do it and learn from mistakes later on.

I would tend to agree that trading on a well known altcoins to minimize risk getting a hyper volatile is the most friendly one. For me experience is the best teacher.. rather than learn the theory first . I prefer go out try every single possibility and then learn the theories like how to prevent A , how to get B , how to analyze C etc.
No better feeling than fixed your mistakes and turn it into profit!

[crossabdd]

That doesn't matter, but in my opinion, 2BTC is too big for those of you who don't have experience in starting trading. start with 0.5BTC to learn trade. I think you can trade on binance, bittrex, bitmex. You can learn graphics there. for profit, I suggest you take 2-5% only. for a loss. I can't give advice ... it's better to learn to understand price movements, patterns, RSI, EMA, and read a lot of news.

[Lecam]

2 bitcoin is so big capital for trading if i were you maybe hold that bitcoin and wait for bitcoin price goes up or .5 bitcoin can be your capital in trading. But its up go to  your decision and be confident for what you feel where you can put your money. But its better do not put your money in basket buy a good coins that you can hold and trade for a short and long time investment.

[NathanJB]

So i have decided i will start trading with 2BTC 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 

I'm sure other good posters here have given you enough ideas in their answers. I would only suggest that you should not be starting with 2 BTC for your trading. You have admitted that you have no experience and you did not even read the basics about trading. You should not even start with 0.1 BTC in this case. You are throwing away BTC. Actually, if I were you, I would not even trade it. I would rather HODL that 2 BTC and buy altcoins if I have money.

[topbitcoin]

So i have decided i will start trading with 2BTC 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 

Day trading with 2BTC as capital is good, at least with short profit you can earn much. But make sure you learn basic about trading first, you can find it on google how to trade in crypto market. And maybe if i have big capital, i will split it and then use it to trading and the rest to back up if something bad happen. For profit, maybe when i get profit although not much in percentage, i will take profit. Maybe it is risky when coin that you bought dumped after you buy, but at least you still have rest money that you already save to minimize your loss.

[Polar91]

So i have decided i will start trading with 2BTC 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  

Just to point out, it's too risky for your BTC2 to be traded specially you mentioned that you don't have any experience on it. For the first question, you can start trading on user friendly exchanges such as Binance. For the second question, the best way to learn it is via youtube tutorial, reading of books is an ideal if you know the basic concepts of trading already. For the third question,  the expectation on your profit, isn't measureble as it would depends on the market condition anf your skills. For the firth question, you can avoid majore losses if you know how to apply the stop loss no matter what happen. For the last question, copyying someone's trade in crypto isn't available yet on the available exchanges for crypto. On the other hand it's available for forex and stock exchanges.

[Genemind]

2 BTC is already a huge amount so it will be a big risk if you'll trade all of it without enough knowledge about trading. The first thing that you have to do it to know the basics of trading. I guess trading all of the funds that you have in the beginning isn't a good idea. Try to invest some of it first and try the actual trading through a trusted exchange. Read or watch trading tutorials for you to learn fast.

[Cherylstar86]

So i have decided i will start trading with 2BTC 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 

Having that 2BTC is a huge and good amount as your capital but to think on the other side is a very high risk situation since you don't have experience about trading process. Here in crypto currency community, having that amount is a very luck in which they try to make it as a profit on the other way in which not here in crypto but on a business project that can be sustain on our way living. Thus, think about it many times mate in which a lot of users here have a huge losses and you must strong emotions by taking risks here in crypto currency community.

[maydna]

So i have decided i will start trading with 2BTC 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 

Okay, so you finally want to start trading with 2 bitcoin, it's no problem at all. I suggest you use only 1 bitcoin to day trade and keep 1 bitcoin for emergency money if somehow, the market down deeper and all of your coin has bought at the higher price.

- You can start at binance. That a big exchange, you don't have to verify your account, many altcoins, which can have the potential to increase every day.
- You can watch videos on Youtube to learn the basics lesson of trading. It's better to watch directly on the video so you can know how to trade.
- I think you don't have to think about the profit for the first time because you need to familiarize yourself with trading, and you need to understand how to trade with the right.
- If the market down too deep, there is nothing we can do, but we can minimize the loss by making more buying at a low price so we can expect to make a profit when the price back to increase.
- I don't think that you need to follow their trade because you need to learn to trade by yourself so you can improve your skill in trading and you can know how to react related to the market.

It is not easy, I know, but if you can spend some time to learn more about trading, I am sure that will no need too long to make your profit. The more you can learn to trade, the more profit you can make.

[acdc]

If you are new, I recommend you not to choose daily trading because daily trading can bring you high profits but also a lot of risks. In case you still want to try trading daily, I can give you some tips as follows.
Set your own goals and execute it, take profit at 3% and cut at a loss of 5%.
Mastering your own emotions, in fact, shows that emotions are the enemy of all traders on the cryptocurrency market.
Breaking down your investments into a number of reputable currencies, it's best to invest in one of the 10 largest currencies on the market.
Good luck.

[Mumbeeptind1963]

The first step is to arm yourself with basic trading. Any basic trading books will do. You can even study all basic trading thru the internet for free. There are too many videos available in youtube. Reading materials are also ample online.

I find it boring when studying on videos and reading materials so it is also good that at the same time you already have an account in any reliable exchanges like Binance. Deposit a small amount like $10 to make it more exciting. You base your gains thru percentage.

Earning regularly in trading is never an easy task. It takes experience to mold a strategy that fits to you. Some people learned fast because they spent more time daily with some sleepless nights.  

Yes, I also reads a book now, that I know will help me to gain more knowledge in trading, that is the first thing you need to do, that is the first step you may also watch different videos about candlestick reading in youtube for free, you may also download some patters that might help you, then I think if you understand the basics you are ready to choose the coin that you want do some research and there you go, you are ready to trade, start with a little amount for you to familiarize and then the rest is depends on you.

[Gotumoot]

First, Learn the basics.
Second, to get you started signing up for exchanges like Binance,
Third, do a google search on what to avoid in trading.
Fourth, Learn the coins that you should buy better if you are updated with news, coin annocements.
Fifth, you must deposit a small amount first or sign up for exchanges that provide balance to practice trading.

And finally you will experience how to trade and apply what you learned in the third and fourth tips I mentioned. And there you can see how you can earn daily trading.

[puertorikosena]

So i have decided i will start trading with 2BTC 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 

First of all, you could start by studying not a demo account, and then, when you feel confident, you can start trading your own money. There are enough books and online courses on trading. Choose any strategy that you like and learn. Trading on the cryptocurrency market is not very different from trading on traditional stock markets, but has its own characteristics. Therefore, you must strictly limit your losses.

[TrevorS]

You have already been given a lot of advice. On my own I will only add the importance of reading books regarding trading. I read only one of the list on the site.
I am sure you yourself will choose the most important criteria for yourself after you master all the basics. The most important thing is not to neglect the theory and continue to study it in parallel practice.
The main thing is not to rush, use only a part of the deposit at the beginning. Losing in trading is much easier than making money.

You can see the list of books here. https://www.stocktrader.com/best-stock-trading-books/

[Pearls Before Swine]

I'm not a big trader, so take my advice with a grain of salt.

If you have 2 btc, you might do better holding it instead of trying to trade.  The price of altcoins generally depends on the price of bitcoin, so you might not be able to beat the bitcoin market if you know what I mean.  Many traders have tried their luck and have lost out, because the altcoin market is extremely volatile and prices can sometimes swing dramatically in a way that you don't want.

You might try investing in some proof of stake coins as well, from which you can earn income.  There are some decent ones on the market and you don't have to really do anything except keep the wallet open in order to earn.  It's a lot less stressful than trading in my opinion and at least the income is predictable. 

If you do start trading, be careful about low priced shit coins with low trading volume.  Also be careful if you use margin.  Profits can be a lot higher but the risk is also higher.  Good luck whatever you do.

[ololajulo]

I hope you find time to consider other trading strategies before concluding on the day trading. Consider the advice on the risk of using 2btc to start up trading, It will take a lot of courage to accept failure when you are losing but when you notice a big loss take time off. Get a mentor along that you can trust and communicate with often.

[bittraffic]

I'm not a big trader, so take my advice with a grain of salt.

If you have 2 btc, you might do better holding it instead of trying to trade.  The price of altcoins generally depends on the price of bitcoin, so you might not be able to beat the bitcoin market if you know what I mean.  Many traders have tried their luck and have lost out, because the altcoin market is extremely volatile and prices can sometimes swing dramatically in a way that you don't want.

You might try investing in some proof of stake coins as well, from which you can earn income.  There are some decent ones on the market and you don't have to really do anything except keep the wallet open in order to earn.  It's a lot less stressful than trading in my opinion and at least the income is predictable. 

If you do start trading, be careful about low priced shit coins with low trading volume.  Also be careful if you use margin.  Profits can be a lot higher but the risk is also higher.  Good luck whatever you do.

He did planned it before having this new thread about trading with his 2BTC. His previous plan was to invest dash and earn passive income from POS but I guess he didn't listen and then started another thread again like this one.

My advice is staking ETHER after the update of the ETHEREUM network which they'd turn POW to POS. I think the minimum collateral as people said was just 32ETH, you can buy a lot than just 32 to earn more.