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Topic: Can i Bitcoin or not - page 5. (Read 1117 times)

sr. member
Activity: 1218
Merit: 251
December 14, 2019, 10:14:51 AM
#68
For $5,000 enough capital you can buy it at the Binance exchange. It is a popular exchange and is rarely hit by hackers so it will be safer, if you are still in doubt in storage it is better to keep it in a cold wallet.
$7100 is the right price for now and maybe you already bought it.
hero member
Activity: 3038
Merit: 634
December 14, 2019, 04:02:03 AM
#67
First and foremost, OP you don't know how to buy bitcoin. I think you should understand the basics of it before buying with a huge amount. I want everybody to buy bitcoin but at least understand what you're trying to buy. If you're already aware of the risk that bitcoin has and you know that it's very volatile, you can proceed.

With the bunch of suggestions to you, yet you haven't come back after several days. Let's just assume that you've actually bought one and you're keeping yourself low key because you haven't replied.
sr. member
Activity: 1036
Merit: 275
December 14, 2019, 02:03:11 AM
#66
I realy want to buy Bitcoin i have 5000$ give good idea plz

First and foremost, do you just wanna buy Bitcoin and hold for a long term or short term? Secondly, how well do you know and understand the entire bitcoin space and the Biitcoin market? Do you know and understand the risks associated with buying or investing in Bitcoin? If you have no idea on the risks seen in the crypto ecosystem, please don't bother buying Bitcoin. You should first acquire sufficient knowledge about the bitcoin and understand the risks involved in investing in Bitcoin before attempting to buy or invest in Bitcoin.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
December 14, 2019, 01:37:57 AM
#65
$5000 is a lot of money to start with.
You might want to try buying it with a trustworthy exchange or it might just go to a waste.
How do you prefer to buy it though?

You can put more information if you want the help to be maximized. Specially the place in where you are staying. Just the country is enough not the whole address.  Grin Some exchanges have restricted countries so we could point you to the right one if ever that is the problem.
jr. member
Activity: 77
Merit: 1
December 14, 2019, 01:14:07 AM
#64
There are many ways to buy BTCitcoin likes exchangers search for Top exchangers and you can convert you money to Bitcoin. There are many ways to buy bitcoin.
newbie
Activity: 34
Merit: 0
December 10, 2019, 01:12:05 AM
#63
you can buy the bitcoin via exchange platform.
There are many platform.
sr. member
Activity: 1036
Merit: 281
December 09, 2019, 11:58:52 PM
#62
I realy want to buy Bitcoin i have 5000$ give good idea plz

I don't see the problem, there are several exchanges you can use to buy bitcoin. In fact you could even do it here in the forum using someone as escrow (the very old fashioned way). But it think it would be easier for you to use something like localbitcoins.

As for fraction bitcoin, there is no problem. Every bitcoin is composed of 100 miliion satoshis, you have 8 decimals in there...

OR, you can spend that money in a couple of (modern) asic miners and wait until they reach return of investment, and after that anything produced is net worth. Depending on the price of electricity in your place, 5¢ or less per kW/h should be good.

If you live in one of the countries with really cheap electricity (or you happen to have renewable or otherwise "free" electricity), you can also buy used S9 miners for about 100$ each. You could get 50 with all that money, but you must use a part for the electrical installation, ventilation of the place etc.

If you are smart, you would diversify. Perhaps a portion in miners, and a portion in simple coin hold. But you need discipline and wait for good results.
In doing investment in bitcoin, we should have good risk management. $5000 is enough to start trading it but make sure that the amount that you will invest is where you will not regret it even if you lose it. I do not prefer holding bitcoin because there are many opportunities that we can have in every swing of the bitcoin. It is also good to diversify your funds and do not go all in because the risks are too high.
legendary
Activity: 1974
Merit: 1150
December 09, 2019, 11:33:38 PM
#61
I just dont understand why the OP never returned after dozens of suggestions are given since the question was published. If the OP has found the right or wrong answers that were not expected by him, then I think the discussion can still continue.
Hope to the OP coming back and giving his opinion on dozens of suggestions from this community.
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
December 09, 2019, 11:43:30 AM
#60
I realy want to buy Bitcoin i have 5000$ give good idea plz

I don't see the problem, there are several exchanges you can use to buy bitcoin. In fact you could even do it here in the forum using someone as escrow (the very old fashioned way). But it think it would be easier for you to use something like localbitcoins.

As for fraction bitcoin, there is no problem. Every bitcoin is composed of 100 miliion satoshis, you have 8 decimals in there...

OR, you can spend that money in a couple of (modern) asic miners and wait until they reach return of investment, and after that anything produced is net worth. Depending on the price of electricity in your place, 5¢ or less per kW/h should be good.

If you live in one of the countries with really cheap electricity (or you happen to have renewable or otherwise "free" electricity), you can also buy used S9 miners for about 100$ each. You could get 50 with all that money, but you must use a part for the electrical installation, ventilation of the place etc.

If you are smart, you would diversify. Perhaps a portion in miners, and a portion in simple coin hold. But you need discipline and wait for good results.
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
December 09, 2019, 11:42:22 AM
#59
I realy want to buy Bitcoin i have 5000$ give good idea plz
I think it was a great time to buy bitcoin since the market price of bitcoin was so low in this month I think it will be a good opportunity next year for the bitcoin market price to recover.
Also, I recommend investing it for a passive income since 5000$ was already a great amount of money to start a business or a passive income I think it was a more accurate profit than investing it in cryptocurrency.
full member
Activity: 874
Merit: 125
December 09, 2019, 11:28:46 AM
#58
Bitcoin is for everyone and $5K is a good capital to start with. Link your bank with some trusted exchange or meet some local dealers to get your first share of bitcoins.
Bitcoin is a rare asset the early you buy, the best price you get. As time progresses, it would become more costly.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
December 09, 2019, 11:26:40 AM
#57
I realy want to buy Bitcoin i have 5000$ give good idea plz

Are you confident that you can handle this amount safely? From your question, it looks like you are new to trading and for all new traders, sincere advice is never to start with big capital. First start with a small amount, if you feel you are getting success then inject more money. In this way, slowly but surely you will learn trading along with making profits.
full member
Activity: 827
Merit: 100
December 09, 2019, 11:16:20 AM
#56
$ 5,000 is a big amount to buy bitcoin, you might be able to visit binance and you can try trading there or you just buy to hold.  it's your choice, but binance can be a good choice for you to buy bitcoin
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
December 09, 2019, 10:58:25 AM
#55
If you're new to invest In Bitcoin then I would suggest you first understand the market situation of Bitcoin if you're an old investor then probably have a better understanding about Bitcoin and cryptocurrencies it's very simple procedure there are some major cryptocurrency exchanges where you can buy if you're looking for long term holding then after buying BTC immediately withdraw atleast 90% of your bought amount in your personal BTC wallet so that would be great for you.
This is what OP should do first because no matter how good bitcoin is if someone doesn't know how this thing's work, it's still not working in the long run. OP may blame us or the bitcoin again just like what others did in the past because they don't know what they are in. Invest only if you truly understand the market.
member
Activity: 1204
Merit: 11
December 09, 2019, 10:54:25 AM
#54
If you're new to invest In Bitcoin then I would suggest you first understand the market situation of Bitcoin if you're an old investor then probably have a better understanding about Bitcoin and cryptocurrencies it's very simple procedure there are some major cryptocurrency exchanges where you can buy if you're looking for long term holding then after buying BTC immediately withdraw atleast 90% of your bought amount in your personal BTC wallet so that would be great for you.
hero member
Activity: 1722
Merit: 895
December 09, 2019, 10:27:31 AM
#53
I realy want to buy Bitcoin i have 5000$ give good idea plz

It's better if you register first in an exchange to be able to buy bitcoin, I think binance is very good as a good exchange reference, but others also have good priorities, you can choose it.

I think right now it is the right thing to buy bitcoin even though it is currently in a state of consolidation this possibility because the end of the year and Christmas is near so market movements are not too significant you can use that to buy bitcoin at a low price.
sr. member
Activity: 1120
Merit: 255
December 09, 2019, 10:04:44 AM
#52
Welcome to the world of cryptocurrency. the safest Crypto to invest in is BTC. people with more capital hold higher BTC percent because they want to stay somewhat risk adverse in the space. There is a reason BTC dominates 67 percent of the entire market. to new guys I recommend either just buy BTC and hold, or go 70 percent BTC, and the rest can be altcoins of your choice. at the end of the day all other coins are standing on the shoulders of Bitcoin.

Further, I highly recommend not day trading, as its very hard to get into and costly with high risk. But if you do, for the love of god, buy low, sell high. don't sell when the price is dropping, sell when the price is going up, buy when the price is going down.
sr. member
Activity: 1020
Merit: 253
JangaCams.com
December 09, 2019, 10:03:26 AM
#51
before buying you should ensure your potential ability if you make a purchase, such a large fund may be very good if it is managed to the maximum, but it is best if you cannot manage these funds then you could lose money. so I think make sure your ability to invest in bitcoin, if you are a beginner in investing then use a little funds to learn good investing techniques
sr. member
Activity: 1918
Merit: 370
December 09, 2019, 09:38:21 AM
#50
Nice timing OP buy now before the next bull run happens as what predictions said if you just decided to invest in this digital gold go for it, if you want more info about btc this forum has a lot of useful information you can learn from being a beginner to expert or you can go to some very useful website like this one https://bitcoin.org/en/getting-started 
Honestly bitcoin could go as far as it can, as long as we support it. Bitcoin's price is quite stable on a short price point this year just moving around $7000 to $9000, it is safe to buy now and is sure for the future profit knowing the bull run did not happen the previous year so it is much anticipated next year. The internet offer so much of information about the bitcoin, you can just search basically everything.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
December 09, 2019, 09:35:19 AM
#49
I realy want to buy Bitcoin i have 5000$ give good idea plz

For now, do some research for you in able to avoid asking some kind of question that are the same from other thread. Do search like the topic you have to avoid same thread.

For now that was good for you to buy because of the cheap price then hold it to the moon but we cannot say when was that.
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