Best advice how start trade BTC

[LivanoBerkbit]

Hi , Everyone i’m new here
I understand little bit how works bitcoin
I want start trade it but i want know what should i do how to move forward !?
what step i should do to get successful bitcoin trader 🙂

[hero_the_bossman]

Don't trade it, my tip.

Buy, hodl, and forget about the rest, OP.

And welcome to the forum

[tbct_mt2]

I understand little bit how works bitcoin

If you understand enough about Bitcoin, you will ask another question "How to start investment in Bitcoin?"

I want start trade it but i want know what should i do how to move forward !?
what step i should do to get successful bitcoin trader 🙂

Investment is less risky than trading and asking how to invest in Bitcoin is better than "How to trade Bitcoin?"

Trading is dangerous and to succeed, you need not only trading knowledge, but ability to control your emotion and action well. Firstly learn about trading.
Awesome cryptocurrency trading.
Learn cryptocurrency trading.

Use stop loss order that is one of best weapons.

And if you trade, trade with Spot trading, don't trade Margin or Futures because with Spot trading, there is no liquidation, but with Margin or Futures there is liquidations.

[Queentoshi]

I want start trade it but i want know what should i do how to move forward !?

Be sure of your interest in it really, because traders still lose a lot of money. If you plan to profit in bitcoin from trading, you could be losing against your plan. There are ways to profit from bitcoin, investing is one sure way for someone new in bitcoin.

what step i should do to get successful bitcoin trader 🙂

There must be the commitment to learn and to keep learning, maybe also look for people around you who have an interest in trading too, so you can both maybe learn together and encourage yourself. Unless it's the one-on-one class never believe anyone, who invites you to come join a trading academy to learn because sometimes the academy actually is after the money more than the knowledge to give you.

[Cointxz]

Hi , Everyone i’m new here
I understand little bit how works bitcoin
I want start trade it but i want know what should i do how to move forward !?

Buy Bitcoin in DCA and sell in tranches whenever the price moves in significant percentage to take profit easily. Repeat the process and never sold at loss because Bitcoin always recover no matter how low the price dump. Just keep accumulating in case the price dip after you buy.

what step i should do to get successful bitcoin trader 🙂

Be patient, And just hold on to the thought that Bitcoin price always keeps growing long term. You will only lose in Bitcoin trading if you sold your holdings at loss.

Everything is just paper loss. Avoid futures trading pls!

[Awaklara]

I want start trade it but i want know what should i do how to move forward !?

Have you ever traded in a market other than crypto? Or crypto assets other than Bitcoin?
If you are completely new to trading, then there is a lot that you need to learn first as a start before you start trading. Do not rush to start trading, enrich your skills and knowledge first before you gain experience.

Many will advise you to hold Bitcoin rather than trade it. This is because of the risk of loss when you may not have the ability to trade. Actually, you can buy and hold Bitcoin first while you learn trading. If you are good enough to try trading, there is no harm in trying. But remember, always use a small amount to try the skills you have learned.

[AYOBA]

Hi , Everyone i’m new here
I understand little bit how works bitcoin
I want start trade it but i want know what should i do how to move forward !?
what step i should do to get successful bitcoin trader 🙂

A trading is all about having sufficient capital and enough knowledge if really want your trading should be done as well those are the things you need to get before proceeding the others steps, since you prove that you understand a little about the Bitcoin I don’t think you will the the Bitcoins trading so difficult you; but since your still new to it is good for you seek more knowledge so that you can comprehend how the bitcoins works well.

But my advice to as a new about the trading it will more better for to hold Bitcoin for a long prior period of time than trading, because there’s a lot of risk in trading so you can know start it and get what you want immediately that’s why I said it will more better for you to hold Bitcoin; since know all the amount of money you can afford to lose.

[mindrust]

Don't trade it, my tip.

Buy, hodl, and forget about the rest, OP.

And welcome to the forum

This.

Trading is a loser’s game if you don’t know what you are doing and by the time know what you are doing it will already be too late because the time you spent to learn how to trade properly is long enough to make you rich by holding.

Hodl and chill.

You don’t need to do anything else.

In 10 years you will be the next king of Murica

[goldkingcoiner]

Hi , Everyone i’m new here
I understand little bit how works bitcoin
I want start trade it but i want know what should i do how to move forward !?
what step i should do to get successful bitcoin trader 🙂

As some people have mentioned, the best thing to do with your Bitcoin is to hodl them (hold them). But if you absolutely must trade I can only tell you how I do it: When I trade, I make sure all my profits are in Bitcoin, not USD or any other fiat. You never know when a pump overnight might happen. You do not want to be left out.

But since you are new you should hodl only. And in the meantime, why not use a testserver with fake BTC? You will learn how to trade without losing any money.

I would not trade with real money because new traders always make losses in the first years of trading.

[batang_bitcoin]

Don't trade it, my tip.

Buy, hodl, and forget about the rest, OP.

And welcome to the forum

This is what you should do OP. As a newbie, you don't have to trade it. Even us who have been for a while, we don't mostly trade BTC at all. We trade to get BTC so we can hold more. But if you are not good in trading, it's best for you to allocate your salary to it, maybe a few percentage of it so you can buy BTC. 5% is enough as a start but the more that you're learning Bitcoin, I'll warn you that you will not stop buying it and soon, you'll allot more percentage to it when you get more mature on this market.

[LivanoBerkbit]

As some people have mentioned, the best thing to do with your Bitcoin is to hodl them (hold them). But if you absolutely must trade I can only tell you how I do it: When I trade, I make sure all my profits are in Bitcoin, not USD or any other fiat. You never know when a pump overnight might happen. You do not want to be left out.
 



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[RockBell]

As some people have mentioned, the best thing to do with your Bitcoin is to hodl them (hold them). But if you absolutely must trade I can only tell you how I do it: When I trade, I make sure all my profits are in Bitcoin, not USD or any other fiat. You never know when a pump overnight might happen. You do not want to be left out.

💎diamond text 10stars

And when it comes to what you said it is one of the best options is to hold because there is a lot of risk that can avoided and it is easier but you have to have patience because people that hold don't have a choice than to wait and sell when the price high that is how it works. Because it was about trading you will have to study the chart and it is not as easy as we always thing and there is now way that you won't succeed so it will be better to just learn how to trade. And when you have passion for something you will be able to handle what ever challenge that might be coming with. Because trading is actually very stressful so there is no point complaining everytime and there ways that you can get better at what you do so what you are suppose to be focusing should be consistency. The mindset is what that matters.

[Alphakilo]

Hi , Everyone i’m new here
I understand little bit how works bitcoin
I want start trade it but i want know what should i do how to move forward !?
what step i should do to get successful bitcoin trader 🙂

The best advice would be to start with online resources to learn how to trade. The earlier you do it the better because you will quickly find out if it is something you want to do or not.

No one is trying to scare you, but we are just telling you the reality of trading. Because most traders are not profitable and the few that are have years of experience in it. That's why you want to start soonest to know if it is something you really want to do or not.

[BABY SHOES]

Comment #2's suggestion is good... that's what I need to do.

Instead of trading BTC it is better to invest it “Buy and HOLD” it is more sufficient and suitable for you as a beginner who just knows ... because trading is full of risks especially in futures trading you are ready if you do not have the skills will be exposed to liquidation due to market turmoil.

Then for example if you try to trade on spot it will not be profitable in bitcoin, so it is better to buy and hold in the long run.

[Su-asa]

Hi , Everyone i’m new here
I understand little bit how works bitcoin
I want start trade it but i want know what should i do how to move forward !?
what step i should do to get successful bitcoin trader 🙂

I'm not actually a trader but the best advise I could give to you right now is to buy bitcoin and hold it for long term, but during that period of hold you can use DCA method to accumulate Bitcoin either weekly or monthly. However trading is not my thing cause I don't know how to trade either, so instead to risk my money on it I decided to invest. It seems you are a beginner that needed guidance on how to trade, I think you should learn from an expert trader for proper learning.

[The Cryptovator]

If you are a beginner and want to be a trader, then Bitcoin would be the best choice, definitely. One of my best friends started trading recently; I advised him to trade Bitcoin. But he started with altcoins; probably he learnt something from YouTube or Google. Eventually he lost some funds from alts as well. So now he realised Bitcoin trade was the best for beginners.

I advised him to trade Bitcoin because Bitcoin won't hurt him. Though Bitcoin trades don't often give big returns for small traders, it will not give you too much loss like an alt. If you patiently trade Bitcoin, then you must be a winner. Always Bitcoin repeat the history break ATH. So Bitcoin would be a better choice. You can just wait for a pullback and then enter. Wait for profit and sell.

[Issa56]

Hi , Everyone i’m new here
I understand little bit how works bitcoin
I want start trade it but i want know what should i do how to move forward !?
what step i should do to get successful bitcoin trader 🙂

From your post it’s obvious that you are new to trading, and I will tell you not to jump into trading, you are not suppose to be in rush to trade, because if you rush, then you will end up losing your money. If you are starting to trade, then you should make sure you start with little amount of money, thats the amount which you are suppose to use to learn, because their is high chances that you are going to lose the money.

Trading is not what you will start, and you will thing you going to know everything at once’s, it’s a continuous learning process, and if you are a trader, you should know that their will always be loss, don’t expect that you will always be in profit, always except loss, but make sure your profit is always more than your loss.

[tvplus006]

...what step i should do to get successful bitcoin trader

It will take years to become a good trader. And at the same time, there is no guarantee that after years of training you will become a profitable trader, since according to statistics, there are only 10% of such successful traders.

The best solution for you, of course, would be to buy BTC and hold it until its price increases strongly enough that you have a desire to sell. But it requires a lot of money, which you obviously don't have.

[SquirrelJulietGarden]

But since you are new you should hodl only. And in the meantime, why not use a testserver with fake BTC?

What is testserver?
What is fake BTC?

I guess you implied about Bitcoin Testnet and its coins tBTC that can be used for practicing your wallet creation, storage, transaction broadcast on Bitcoin Testnet and even for developments, bug test with programmers.

I disagree to call them as Testsever and Fake BTC.

You will learn how to trade without losing any money.[/b]

I would not trade with real money because new traders always make losses in the first years of trading.

Newbies can start by learning, then Demo Trading before they feel like enough knowledge and practice from Demo Trading for starting their Actual Trading with pocket money.

https://www.hedgewithcrypto.com/bitcoin-demo-trading/

[blockman]

I want start trade it but i want know what should i do how to move forward !?

Your best move is to buy Bitcoin and to avoid pushing yourself too much in trading. You HODL. That's what you have to do and if you are reading everyone. We don't want you to trade a lot because you'll just going to lose your money against the market. The market is so crazy that it moves a lot and you don't have to battle on it everyday if that's what you're thinking about trading on it on a daily basis. You buy, HODL and wait until you make a profit. Sounds simple but that's also hard just like trading.