Trading Bitcoin in 1 Minute charts

[ImThour]

I have done trading for like some years and I would say you should only prefer these timezones:

15 minutes, 1 hour, 4 hours, and 1-day timeframe.

15 minutes for intra-day is the best timezone to make the most out of the market.

Here is an article that I would suggest you go and read for more information on what time frame to choose for what sort of trading: https://tradethatswing.com/what-time-frame-to-use-when-day-trading/

Another article especially on how to trade on 15 min timeframe (That I consider the best): https://blog.binomo.com/how-to-trade-the-15-minute-chart-successfully/

Here are some Indicators I personally love to use:
- Relative Strength Index (RSI)
- Stochastic RSI
- MACD
- EMA/MA (Moving Averages)

However if you understand the concept of price action trading, you will be able to master every timeframe even if it's 1 minute. Let me know if you need any help regarding trading, will surely give away some more tips.

[1714693312]

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[South Park]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

You are asking for trouble if you are a new trader and you want to trade the one minute chart, the amount of signals generated will be huge and you will only have a split of a second to decide if you want to take this particular signal or not, an ability which can be acquired only with experience, so as a newbie by the time you finally decide to take the signal it would be too late and whatever opportunity you thought was there will not be available to you anymore, so I recommend you to not start your journey on such unforgiving conditions.

[milewilda]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

Im not recommending 1minute time frame on trading up bitcoin or any altcoins in the market unless if you are really that good on scalping which i couldnt really bare up with the movement on where this crypto
market gives.If we are talking about forex and stocks then i might consider out scalping on 1minute time frames but for crypto? Nah. it is really just too much risky on doing that.
Your sl's could be easily triggered out if you do set one plus you would be needing to check out other time frames for some biases when it comes to trend.
We know that technicals arent really that always precise here on crypto which it would really be depending whether you would really be much focusing on that or not.

[_BlackStar]

Im not recommending 1minute time frame on trading up bitcoin or any altcoins in the market unless if you are really that good on scalping which i couldnt really bare up with the movement on where this crypto
market gives.If we are talking about forex and stocks then i might consider out scalping on 1minute time frames but for crypto? Nah. it is really just too much risky on doing that.
Your sl's could be easily triggered out if you do set one plus you would be needing to check out other time frames for some biases when it comes to trend.
We know that technicals arent really that always precise here on crypto which it would really be depending whether you would really be much focusing on that or not.

It will be good if you recommend the right time frame for it, for example 30 Minute TF, 1 Hour TF or 1 Day TF. 1 Minute TF is too risky, of course since they are beginners - but as they become more advanced users then I think they can adjust it themselves.

I just don't like the 1 Minute TF, it fluctuates too much as it looks. But if I am entering a trade, then 30 Minute TF, 1 Hour TF or 4 Hour TF are the best time frames to consider. But anyway, I think they should also adapt it to their respective strategies regardless of the best time frame recommendations.

[GreatArkansas]

Sometimes when I use a 1-minute timeframe for trading, that's the only time before I enter a trade position.
For example, I trade on higher timeframes when doing most of my analysis for day trading.
Before I enter to trade, I analyze a little bit on a lower time frame like a 1-minute chart, to see and try to get and find the perfect entry.

[cryptoaddictchie]

A 1 minute timeframe is so short and probably you dont even need to use indicators with that and just purely do a gambling. Since there is no bearing for an analysis with that time remaining. Yes you could instantly gain with that time provided the money you are using is big and the right decision (Future long or short) but for spot trading? I wonder it could be an effective for such trading method.

[Bushdark]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

How do you tend to make mowny with one minute time frame? Even though you are a scalper you still can't make anything tangible with just one minute time frame because of the market volatility which can confuse you a lot in making the wrong decision which can even cost you loses if you are not looking at other time frame to get the best market outlook.

Trading need a lot to comparison for you to make something tangible from the market not using a single time frame to trade the market. Using just one minute would put you in fear and that might disorganized your journey as a trader.

[Unbunplease]

By trading on 1-minute charts, you can stay in one place for a long time, as the percentage of 1-minute change in bitcoin price is small. Does it even make sense to trade a fairly heavy asset on such small charts? You'll just spend a lot of effort for very little profit. Is it worth it?

[stomachgrowls]

By trading on 1-minute charts, you can stay in one place for a long time, as the percentage of 1-minute change in bitcoin price is small. Does it even make sense to trade a fairly heavy asset on such small charts? You'll just spend a lot of effort for very little profit. Is it worth it?

If you do know on how to scalp then it is something worth but in speaking about its movement : to the profit you would be making then you would really be that skeptical on doing so because it is really that something not anyone could be able to pull off because predicting prices on smaller time frames specially on 1 minute is really that mind breaking or too stressful for my part.
You would be needing to face up the volatility on minute manner and you cant just place up technical indicators which are intended to be used on a much longer price swings.
I havent tested out though but i dont have any plans on doing it on the first place.It cant really be just that too easy to be done.

[omgitsmehehe]

A 1 minute timeframe is so short and probably you dont even need to use indicators with that and just purely do a gambling. Since there is no bearing for an analysis with that time remaining. Yes you could instantly gain with that time provided the money you are using is big and the right decision (Future long or short) but for spot trading? I wonder it could be an effective for such trading method.

Trading on the One Minute timeframe is absolutely not a good idea, it's weigh too easy to make losses in accounts. Bitcoin is volatile and it's always expected that we trade it based on higher timeframe, I've learnt my lessons with smaer timeframes. One minutes charts will only be seen good by scalpers in the market who knows exactly what they're doing, it takes time for a trader to master the scalping strategy I would prefer higher times like a one ay chart, I always like the overall view of the market, that's where my profits is been triggered.

[cryptoaddictchie]

One minutes charts will only be seen good by scalpers in the market who knows exactly what they're doing, it takes time for a trader to master the scalping strategy I would prefer higher times like a one ay chart, I always like the overall view of the market, that's where my profits is been triggered.

Also if they are considering the 1 minute timeframe then the funds they must have used must be literally huge to compensate for the fees and even greater profits. Since a $20 budget wouldnt make any difference maybe if a $20m usd which could trigger profit of 1 to 3% per minute is highly acceptable. But Im not sure the strategy of those who are using this time frame. Or does someone really uses it?

[AicecreaME]

I don't really recommend scalping for newbies.

It is more stressful, in my opinion, because you're gonna make a quick decision for a 1 minute timeframe and frustration is waving at you already when you didn't guess the price chart movement right. I've done scalping but on a 5-15 minutes timeframe. Trust me, the nerve wracking experience you're gonna have in those 1 minute timeframe trades is not gonna worth it as a newbie. Always start from the basics, slowly but surely.

[adzino]

The 1-minute time frame, it's a bit of a mixed opinion for people. Some people like the adrenaline rush of super short-term trading and can make huge profit within a short period of time, but it can be pretty risky. The more risk they take, the more profit they make. The because 1-minute charts tend to have a lot of up's and downs, and it's difficult to find solid trends or patterns in such a short time frame. So, you might end up getting whipped by the price fluctuations, and that's not what you want. But some people do manage to make quick profit from those up and downs. A lot of traders actually prefer longer time frames, like 15-minute, 1-hour, or even daily charts. It's way easier to spot reliable trends and make better-informed decisions when you're not in the middle of the ups and downs. In the end, it is up to what people want and how much risk they are willing to take.

[death69]

Hi, CookyTrades!

Welcome to the rollercoaster ride that is crypto trading! Fresh faces are always a delight, especially those daring to tackle the infamous 1-minute time zone.

Now, I don't mean to criticize (alright, let's be honest, I totally do), but trading at breakneck speed resembles racing a cheetah in a ballerina's garb. Thrilling? Yes. Prudent? Not quite. To maximize your trading game, consider a more calculated tactic. The 1-minute zone is akin to a runaway rollercoaster – a breathtaking yet unsustainable affair.

The ideal time zone is subjective. Some traders vouch for the 5-minute bracket, while others lean towards the 15-minute. It's all about discovering the sweet spot for you and your trading approach. In essence, although the 1-minute zone is a heart-pumping venture, it's not exactly the wisest choice. Opt for a balanced approach and pinpoint the perfect time zone for you.

Godspeed, CookyTrades!

[South Park]

One minutes charts will only be seen good by scalpers in the market who knows exactly what they're doing, it takes time for a trader to master the scalping strategy I would prefer higher times like a one ay chart, I always like the overall view of the market, that's where my profits is been triggered.

Also if they are considering the 1 minute timeframe then the funds they must have used must be literally huge to compensate for the fees and even greater profits. Since a $20 budget wouldnt make any difference maybe if a $20m usd which could trigger profit of 1 to 3% per minute is highly acceptable. But Im not sure the strategy of those who are using this time frame. Or does someone really uses it?

I suppose enough people make use of those charts as it would be impossible to explain otherwise why exchanges offer them on the first place, however the one minute chart is, or at least it should be, only for experts, I have traded the one day chart before and the good thing is that even if I take a few minutes to think what I want to do this is not really a lot of time in the grand scheme of things, but on a one minute chart this is an eternity, which means you only have a split of a second to take a decision, and only expert traders can do that.

[Bushdark]

One minutes charts will only be seen good by scalpers in the market who knows exactly what they're doing, it takes time for a trader to master the scalping strategy I would prefer higher times like a one ay chart, I always like the overall view of the market, that's where my profits is been triggered.

Also if they are considering the 1 minute timeframe then the funds they must have used must be literally huge to compensate for the fees and even greater profits. Since a $20 budget wouldnt make any difference maybe if a $20m usd which could trigger profit of 1 to 3% per minute is highly acceptable. But Im not sure the strategy of those who are using this time frame. Or does someone really uses it?

I don't see any profits in trading with one minute timeframe because it is very risky even trading it with bigger funds. I don't see any profit tendency in using one minute chart to trade the crypto market because you may not even make any progress since the chart is too small to determine the movement of Bitcoin. It is good to use from 5 minutes chart to Daily chart to understand how the market works and what could be the next movement of Bitcoin. Using a wider timeframe would be more profitable for traders to know what next to do when the time for decision making comes.

[Rupok]

It is never wise to trade one minute basis where the market is uncertain even in the long term.The most important thing to be successful in training is to analyze the market as much as possible.There is no set time to trade, so it would be foolish to try to trade time differences without considering trading volume.Trading based on one minute is basically nothing but gambling. Successful trading requires good analysis and research.Although everyone has a different trading style in cryptocurrencies, each person follows a different pattern.So these patterns should be avoided from following

[gabbie2010]

Hi All,

I'm brand new here, I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

Thank you

CookyTrades

Welcome to crypto trading for the sake of avoiding rekting or liquidating your account or funds avoid trading with a lower timeframe as low as 1 minutes chart due to high volatility in the price of crypto, infact before you click Long (buy) or Short (sell) button the price would have pumped or dumped massively consequently resulting to a bad entry point therefore the aftermath of it is that loses will be incurred, my suggestion is that you should trade with a minimum of 4 hours timeframe which is available on Tradingview or Binance platforms this will give room for having enough time to analyze any trading pair prior to taking a trade and based on past records trading with higher timeframes are more reliable and profitable.

[Litzki1990]

In the case of trading, each person adopts a type of strategy.  For example, the subject of candles is completely independent of the individual. Those who are better at understanding candlesticks usually use those candlesticks for trading. I usually use 15 minute candles for trading.  Because 15 minute candle is much easier for me to monitor the market. And I have had a lot of success in trading using 15 minute candles. But I understand better in trading using 15 minute candle seeing that you also need to use 15 minute candle it's not that time candle will help you to understand you will use candle of that time.

[EarnOnVictor]

I just wondered if many people trade Crypto in the 1 Minute time zone? what is the preferred time zone, for most traders?

I will never recommend a 1-minute time frame for trading, and I don't think there is a professional trader using it. The such timeframe could be coded into trading bots, but certainly, no human being will be using a 1-minute chart consistently and still enjoy their life. The reason is that it's too burdensome, and you would have to be staring at the chart all the time. This takes more time and gives you stress, so it's not recommended by me.

However, there is no perfect timeframe for trading, yet I would recommend a 4-hour chart upwards for professional trading. Also, you might want to combine charts together for proper filtering of the signal.