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Topic: Beginners with small amounts of money - page 7. (Read 741 times)

sr. member
Activity: 386
Merit: 252
July 30, 2018, 03:24:56 PM
#10
usually i use http://hitbtc.com for bitcoin exchange.
they also approve credit card for buying bitcoin, but personally i hadn't try credit card before for buying bitcoin.

for starting, i advice you to start with bitcoin only, and later when you understand how virtual currency (crypto currency) works, you can then invest with other altcoins.

good luck in your starting!
member
Activity: 168
Merit: 10
July 30, 2018, 02:05:56 PM
#9
You can buy some tokens from your fiat on exchanges. After that you can start trading, but need to create BTC and ETH wallets
newbie
Activity: 112
Merit: 0
July 30, 2018, 12:44:44 PM
#8
I think do not play in Bit*oin first, if only have a little money because if you play in bitcoin means with little money you can only play long term (no question about that
 ^^). It would be better to play on other coins like Rippl*, stella* and others that you think is good for the short and long term.  Grin Grin Grin
jr. member
Activity: 118
Merit: 5
July 30, 2018, 12:10:40 PM
#7
If I don’t have too much money on hand, instead of investing in bitcoin, I would choose to invest in some newly launched altcoins which have special features but with low market capital, because the price of those coins has higher chance of being increased by several times.
newbie
Activity: 50
Merit: 0
July 30, 2018, 09:56:36 AM
#6
A helpful trend for newbies. It's really help me a lot
newbie
Activity: 29
Merit: 0
July 30, 2018, 09:52:47 AM
#5
Join social media campaign for now and join few airdrops to have awards that later on you can use to add in on your investment... good luck.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
July 30, 2018, 08:19:30 AM
#4
The service you use to buy bitcoin depends on what country you're in. I would suggest that you go with Coinbase[1], Abra[2], or LocalBitcoins[3], depending on which ones supports your country. After purchasing bitcoin, you can now trade them for other cryptocurrencies if you want to. I would suggest using Binance[4] as it supports a good number of coins and tokens.

Which should you invest on? I'm afraid this is completely up to you. Do your research, then decide for yourself.


[1] https://coinbase.com/
[2] https://abra.com/
[3] https://localbitcoins.com/
[4] https://binance.com/
hero member
Activity: 1834
Merit: 759
July 30, 2018, 07:54:27 AM
#3
What do you want out of your investment? Long term growth? Short term?

I'm oversimplifying things here, but if you're going for a long term investment, Bitcoin would be the way to go. If you want ti multiply your money quickly, you should look into some relatively new alts which have better short term potential than Bitcoin.

But yeah you should start with the fundamentals first. This isn't like the stock market where you could sign up for a brokerage service and be done with it. Cryptocurrency exchanges generally work the same way as them, but they're quite notorious for not being very secure. Make sure you do research into what you're putting money in. You can always ask questions here if the search function isn't being helpful.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
July 30, 2018, 07:39:39 AM
#2
how should I start and should invest in Bitcoin or another coin.
You can always use some of the well known/trusted exchanges (always search in forum) or something like localbitcoins but prior to those, I suggest to learn how you can keep those funds safe.
newbie
Activity: 31
Merit: 0
July 30, 2018, 06:57:36 AM
#1
Hello everyone
After a period of research into the virtual currency market, I now want to invest in this virtual currency market. But with a small amount of money, how should I start and should invest in Bitcoin or another coin. Hope people show me a reasonable solution
Thanks very much.
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