Re: How to start trading with 2 BTC? What is the first step?
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
as a beginner maybe you can do simple steps. You can see 2 btc you bought at what price and you can sell today higher than the purchase price or not. if now the selling price is higher than the buy price sell, take your profit and start monitoring the price of the btc until the price drops and buy again. keep repeating the cycle until you really get a profit.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
that's a simple step for trading
It wont really be that simple for sure.It may sounds too easy but on first try you wouldnt even know on what to do. Your target is to enter into the bottom price
and which keeps you waiting and this is where technicals would take place. You should know at least to have these analysis rather than on getting into the market
with pure guess which is typically a gamble. I dont suggest to use 2 btc directly when you are a newbie yet most likely you would surely lose those amounts.