Buying bitcoin | Bitcointalksearch.org

nakamura12

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Quote from: RockBell on December 29, 2024, 02:44:16 PM

And there is nothing really wrong with Kyc just that a lot of people are finding it hard to be comfortable with and with how scams are happening cex is better, thay is why they are always targeting, people with wallet so that they can silently move people funds without they been able to track, and if your funds are in an exchange if anything should happen to the funds they will be hold responsible.

There a lot going on in the crypto world and that is why you need to seriously need to take security seriously to avoid, so not to fall victim.

There's nothing wrong with KYC but there are people who value their privacy and that's the reason why some people doesn't like doing KYC not because they have done something wrong but it could lead to identity theft where their identities are leaked or sold for money. I have mentioned it in my post that there are lots of platforms where people can buy bitcoin and one of it are exchanges platform. Anyway, exchange platforms may be held accountable if something happens to their funds and they are a fool in my opinion if they are storing their funds in an exchange (sure they heard about not your keys not your coins).

RockBell

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Quote from: nakamura12 on December 26, 2024, 04:33:37 PM

There are different platforms that you can choose to buy like binance or something like it which is a cex or using a dex where you don't have to complete KYC. I recommend you use cex if you don't mind about the KYC. If there's a Bitcoin ATM at your country then you could also use it to buy bitcoin using fiat. For wallets, you should use electrum which is a free wallet provider and doesn't cost you anything but if you have the means to buy then use ledger.

There more than enough platforms to trade with, and if you want to purchase bitcoin there are different places that you can get your bitcoin from and there are more than enough place you can actually buy and despite trying to protect Kyc there is limitations to Dex because when scams happen scams happen in such places you will find it very hard to track in such cases because what ever have advantages the same time have disadvantages, when doing a large some is better to choose were there is enough trust so you don't fall victim.

And there is nothing really wrong with Kyc just that a lot of people are finding it hard to be comfortable with and with how scams are happening cex is better, thay is why they are always targeting, people with wallet so that they can silently move people funds without they been able to track, and if your funds are in an exchange if anything should happen to the funds they will be hold responsible.

There a lot going on in the crypto world and that is why you need to seriously need to take security seriously to avoid, so not to fall victim.

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Quote from: Vishnum38416 on December 26, 2024, 04:44:28 PM

I think this is not the right time to purchase bitcoin because it's price now cross 100,000 ..

How about now that the price is below, $100k, is it still not a good.time for you to buy Bitcoin since $100k is now the official measurements for the price of Bitcoin been costly or not. There shouldn't be anytime that buying Bitcoin should be seen as a bad idea.

Buying Bitcoin should be on our terms and not how the market is reacting at that very moment. Following the market will always be misleading to us since the market is always volatile.

Buy Bitcoin whenever you want to as what determine your profits when you invest in Bitcoin isn't when you buy but for how long you are able to hodl. We have some people that bought years ago when it started but don't hold any anymore so the aren't receiving all this recent profits.

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Quote from: Bd officer on December 26, 2024, 11:38:44 PM

Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Many experienced members here have given good advice, hope you understand how to buy bitcoins. Now that you are interested in buying Bitcoin after seeing the rise in Bitcoin price, that is a good decision. Now I will give you some advice, since you are interested in investing in Bitcoin. Now you have to remember that if you want to be successful investing in Bitcoin you have to hold for a long time. If you can't hold for the long term, you can't succeed. You can buy Bitcoins on a weekly or monthly basis using the DCA method. And try to invest what you can afford to lose. I think that might be good for you, since we're in a bull run right now so you might be better off waiting for a bear market. And if you can hold for a long time then you can invest anytime. Store the wallet's private key carefully.

If he insist to follow those good advices came from experienced user then I will think about that there's something wrong here. Its so suspicious on why some of them will not go on the safest option to avoid getting compromised.

Their are lots of scams and hopefully those new people will do a lot of research and they always go on the best suggestion provided by lots of people. Its good to see that they already made a post and asking this kind of question. But hopefully they can learn a lot thru the answers given or suggested by good people in this forum.

Also better they study first the market movement or everything that can make them understand on how Bitcoin works so that they will not ride with the FOMO also get confused about wrong information spreading everywhere.

Bd officer

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Many experienced members here have given good advice, hope you understand how to buy bitcoins. Now that you are interested in buying Bitcoin after seeing the rise in Bitcoin price, that is a good decision. Now I will give you some advice, since you are interested in investing in Bitcoin. Now you have to remember that if you want to be successful investing in Bitcoin you have to hold for a long time. If you can't hold for the long term, you can't succeed. You can buy Bitcoins on a weekly or monthly basis using the DCA method. And try to invest what you can afford to lose. I think that might be good for you, since we're in a bull run right now so you might be better off waiting for a bear market. And if you can hold for a long time then you can invest anytime. Store the wallet's private key carefully.

Vishnum38416

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I think this is not the right time to purchase bitcoin because it's price now cross 100,000 ..

nakamura12

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There are different platforms that you can choose to buy like binance or something like it which is a cex or using a dex where you don't have to complete KYC. I recommend you use cex if you don't mind about the KYC. If there's a Bitcoin ATM at your country then you could also use it to buy bitcoin using fiat. For wallets, you should use electrum which is a free wallet provider and doesn't cost you anything but if you have the means to buy then use ledger.

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Quote from: GeorgeJohn on December 21, 2024, 04:56:38 PM

Buying bitcoin is very easy and understandable, for access of purchasing bitcoin, you can go through exchange like binance and even Remitano depends the continent you're, because some exchanges has limitations or restricted countries that can't access their exchange, so what I want us to understand, is that we have to understand that through exchange you can purchase as large as bitcoin you want after you have been verified through the platform..you can even purchase bitcoin through manual p2p.

Even after passing KYC in any exchange that the person wants to make use of, there is also another barrier that can restrict the buyer from buying or limit how much he can buy. Some local banks have limits to how much that can be spent at once, so if the op wants to buy a large quantity, it can't be done at once; he will need to do it in installments, which is where some people experience problems and get discouraged to buy bitcoin using an exchange.

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Quote from: Popkon6 on December 23, 2024, 02:06:41 AM

I am sharing from my experience that if you want to invest in Bitcoin then you can definitely use the exchange, Binance Exchange or KuCoin Exchange and Bybit Exchange. From these exchanges you can buy Bitcoin and use your specific wallet hardware wallet or Eletrum wallet, but your private must be kept in a safe place.
You can send Bitcoin directly to these wallets from the exchange, and you will buy Bitcoin according to your ability, and if there is a shortage of money then you can repeatedly store Bitcoin in the DCA method.

I think that's exactly what a friend of mine told me when I wanted to start off buying before getting other means , he literally said consistency is everything and that I should constantly buying on binance since it was very easy then before my government put a clause on p2p buying on the exchange. I would buy Bitcoin steadily and slowly till a certain amount then I would send all out cause of the fee rate cause sending once or twice will be cheaper rather than sending everytime you get to buy Bitcoin in the exchange.

Wonder Work

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Where you start is not important, but where you came from and were able to ask questions about it is what is important. Since the question has arisen within you, you are interested in knowing about it and how to proceed, you will know or understand it yourself, and through what you have posted, everyone will give you positive comments and help you move forward about what to do.

But you came here once and posted and left, and later you were not found again, so how did it happen? Did you come here just to ask the question? Many new people come and post and leave again. Instead of doing this, if you want to learn, read everyone's reply post and try to understand. If you don't understand, tell them again, everyone will help you understand. But in this way, if you come once and post and leave forever and don't read your post's replys later, you will not be able to learn. If you have come to the forum, then you have come to a good position; if you try, you will be able to learn everything well from here.

Zoomic

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Answering your question about where to start from, It will be very useful to you either now or in the future if you try to learn the basics about bitcoin to really know what Bitcoin really is and the possible risks involved in investing in Bitcoin. Learn about exchanges, whether centralized or decentralized exchanges so you'll know which one to go for and not because members here suggested them to you. You should learn about wallets and wallet security, this is a very important aspect you should never neglect.

You will be glad you ain't investing as a complete novice because you will most likely not fall victim to scammers and you will understand ways to better manage risks involved in investing.

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I hope that people like OP are going to respond even at least once after making a thread like this. But if not, this seems to be a throwaway account and that's what we typically see from many newbies out there. It's either they've been satisfied with the replies and just goes away without having to say any word or they've been here to make topics for themselves to reply with, IYKYK. Undecided

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Most of the responses you have gotten are very right, you will need to learn first before you start buying because you need to understand some basic tips and guidelines that will help you in monitoring your Bitcoin and will help you to avoid losing your money to scammers or losing your money due to carelessness.

However, leaenmeabitcoin.com will guide you on where to start from. Follow it step by step, take your time and learn, you will understand almost everything you need to know about Bitcoin and Bitcoin wallets.
After then, you can then use exchange to buy your Bitcoin then send them to the wallet you might have created after reading the above book.

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

From personal experience, this was how I started. So in my country you can't buy Bitcoin directly from your bank to an exchange. The central bank placed a ban on it so what we do is to use the Peer to peer feature on a centralized exchange. After signing up on that exchange. At that time because the amount of Bitcoin bought was small, I didn't bother putting them in a non custodial wallet like Electrum as I had nothing to fear. However as my investment grew I moved my Bitcoin to Electrum where I am certain of its security.

RockBell

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Quote from: GeorgeJohn on December 21, 2024, 04:56:38 PM

Buying bitcoin is very easy and understandable, for access of purchasing bitcoin, you can go through exchange like binance and even Remitano depends the continent you're, because some exchanges has limitations or restricted countries that can't access their exchange, so what I want us to understand, is that we have to understand that through exchange you can purchase as large as bitcoin you want after you have been verified through the platform..you can even purchase bitcoin through manual p2p.

And the process of buying bitcoin is actually very easy and accessible the only thing is to make a decision and that you are ready to buy then the next thing will be the process after buying and that will be seeking knowledge because most people will want to invest without having the right know and that is why knowledge matters a lot when it comes to bitcoin investment and people that want to trade are the once that need to study more because of the analysis and how frequently they will make use of the market but buying and doing spot don't actually need much.

I don't really use remitano but am much more familiar with binance than other exchanges and exchange is the best place to actually buy bitcoin and what ever coin they want to buy and there is no any other place to get bitcoin than exchanges because when you buy with a verified account it is less risky because it will be easy to trace if things dont eventually go well.

And buying bitcoin is like one of the easiest things to do, so what ever the person wants to do with the bitcoin purchase is the most importantly.

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Simple if you are new then try some centralize exchanges for example binance, bybit, coinbase etc.

Awaklara

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

I don't know if you really don't know about how to create an exchange account and how to start buying your first Bitcoin. It's actually very easy to find all of that on the internet, even without anyone teaching you specifically.
especially if your country has a centralized exchange where you can use fiat to make purchases, it will be very easy. as well as a wallet that you can choose and use to store your Bitcoin immediately after you make a purchase.
what you need to know is that you probably shouldn't let your Bitcoin or other assets that you have purchased on the exchange. after making a purchase, make a withdrawal to your personal wallet.

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Quote from: 2Pizza410000BTC on December 23, 2024, 12:38:33 AM

Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

To buy Bitcoin, we can use a centralized exchange like Binance, Kucoin. But while using it, we first have to keep in mind whether it is approved by my country and whether I can use it. If registration is allowed in your country, then you can buy Bitcoin from there by registering there and doing KYC with your ID card or passport or driving license. If you want to buy with your local money, then you must use P2P.

Then, if you want to keep that Bitcoin in your own wallet, you can keep it in a trust wallet, Electrum wallet, or Web 3 wallet such as Binance Web 3, in which case you must keep the wallet seed very secure.

As long as you trust CEX, use it as well as possible to collect bitcoin because it's easier now to do than P2P trading with unknown people, if you already have bitcoin with the desired amount then don't forget to store it in a personal wallet good Do Cold Wallet and Hot Wallet to be stored in the long run, unless it will be a trader can be stored in CEX if you don't invest in investing but pay attention to the CEX because it will be a security standard for not being carried away.

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Crypto exchange is a platform or market where you can buy, sell, and exchange Bitcoin assets for fiat money, but it is not recommended to store assets on the Exchange even though the security system and reputation of the exchange are quite good. Exchange wallets are not suitable for storing assets in the long term because there are always unexpected risks, there are many cases of exchange hacking that cause losses to users who store assets on the Exchange. There are so many wallets that you can control the Private key that you can use to store assets so that the level of security is more guaranteed, on the BTT forum there are also many recommended personal wallets that you can choose.

Investing in bitcoin is high risk due to its high volatility. Therefore, it is advisable to use 'cold' funds, which are funds that are ready to be covered by losses. This is important to reduce psychological stress and ensure you are not financially disadvantaged in the event of a decline in value. When experiencing losses in bitcoin trading, you must be able to control your emotions and not regret your decision to buy Bitcoin because investing in crypto assets does have risks, so preparing mentally to face potential losses is very important for investors.

Popkon6

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I am sharing from my experience that if you want to invest in Bitcoin then you can definitely use the exchange, Binance Exchange or KuCoin Exchange and Bybit Exchange. From these exchanges you can buy Bitcoin and use your specific wallet hardware wallet or Eletrum wallet, but your private must be kept in a safe place.
You can send Bitcoin directly to these wallets from the exchange, and you will buy Bitcoin according to your ability, and if there is a shortage of money then you can repeatedly store Bitcoin in the DCA method.

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