Help/Advice | Bitcointalksearch.org

Soappa

hero member

Activity: 569

Merit: 500

Quote from: kimosan on December 01, 2014, 11:33:42 PM

Quote from: ChuckBuck on December 01, 2014, 11:17:46 PM

Safest bet always when it comes to crypto is just to BUY AND HODL Bitcoin, but if you must trade, trade on a reputable site like Cryptsy, Bitstamp, BTC-E or the link on my signature, Bit-x:

https://bit-x.com/

As always, only invest in what you can afford to lose, don't go overboard! Good luck.

Quote from: KeyserSozeMC on December 01, 2014, 11:20:20 PM

I'd suggest you to buy now and hold for 3 months.
While holding, browse this forum and get some more knowledge.

Try avoiding ponzi schemes, gambling.

Follow the advice in those two posts and I'd suggest sticking more to the latter for now.., stay away from exchanges until you you've gotten a good handle on just how volatile crypto markets are.

Very true. Just take a look at https://bitcoinwisdom.com/markets/bitstamp/btcusd and you can see how crazy the bitcoin market is. It could go up 10 times within 2 months, or it could go down 50% within a month.

kimosan

hero member

Activity: 644

Merit: 501

Quote from: ChuckBuck on December 01, 2014, 11:17:46 PM

Safest bet always when it comes to crypto is just to BUY AND HODL Bitcoin, but if you must trade, trade on a reputable site like Cryptsy, Bitstamp, BTC-E or the link on my signature, Bit-x:

https://bit-x.com/

As always, only invest in what you can afford to lose, don't go overboard! Good luck.

Quote from: KeyserSozeMC on December 01, 2014, 11:20:20 PM

I'd suggest you to buy now and hold for 3 months.
While holding, browse this forum and get some more knowledge.

Try avoiding ponzi schemes, gambling.

Follow the advice in those two posts and I'd suggest sticking more to the latter for now.., stay away from exchanges until you you've gotten a good handle on just how volatile crypto markets are.

KeyserSozeMC

hero member

Activity: 742

Merit: 500

I'd suggest you to buy now and hold for 3 months.
While holding, browse this forum and get some more knowledge.

Try avoiding ponzi schemes, gambling.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Safest bet always when it comes to crypto is just to BUY AND HODL Bitcoin, but if you must trade, trade on a reputable site like Cryptsy, Bitstamp, BTC-E or the link on my signature, Bit-x:

https://bit-x.com/

As always, only invest in what you can afford to lose, don't go overboard! Good luck.

sifter

hero member

Activity: 574

Merit: 500

CoinBooster Rep

Just stay away from ponzi schemes and HYIPs.

sl@ppy

member

Activity: 65

Merit: 10

Have you been tracking the market at all?

Testing123

hero member

Activity: 561

Merit: 500

I would rather just buy bitcoin and keep it in an offline wallet till bitcoin price goes up significantly.
But if you really want to try trading, you can take a look at the speculation section https://bitcointalk.org/index.php?board=57.0 and see other users' analysis and predictions.

Wusolini

legendary

Activity: 1190

Merit: 1000

no need to carry heavy money bags anymore

Quote from: egyproductions on November 28, 2014, 12:21:56 AM

Hello

Basically Im looking to invest in Bitcoin, i dont have any experience trading but dont mind learning, even-though i find it very confusing.

Im looking to invest around 1k usd, any advice how i can how about with this?

Put part of it cloudmining. It CAN BE PROFITABLE.

My first invest into mining contract with bitcoincloudservices is almost back.
Will reach ROI in two days .. then all profit ... check screen for details

fast2fix

legendary

Activity: 1612

Merit: 1001

Quote from: egyproductions on November 28, 2014, 01:10:19 AM

I understand Bitcoin quite well, just have no clue how to invest and profit from bitcoin

you can lend bitcoin and get certain % of interest or buy low and sell high. Cheesy

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: egyproductions on November 28, 2014, 12:21:56 AM

Hello

Basically Im looking to invest in Bitcoin, i dont have any experience trading but dont mind learning, even-though i find it very confusing.

Im looking to invest around 1k usd, any advice how i can how about with this?

First setup your address, most secure is blockchain.info with 2 factor authentication (setup that too). Offline wallets best and quickest is multibit right now.
Then buy and hold long term (2-5 years), and dont be afraid fluctuations of price

shanem

legendary

Activity: 1344

Merit: 1000

You should buy bitcoin now that it is cheap.
Take a look at many cheap altcoins and research carefully to make huge gains.

Amevalentine

sr. member

Activity: 826

Merit: 250

take your time explore here first

doing by learning

decision to invest is good

as long as you know the rule of trading

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: egyproductions on November 28, 2014, 12:21:56 AM

Hello

Basically Im looking to invest in Bitcoin, i dont have any experience trading but dont mind learning, even-though i find it very confusing.

Im looking to invest around 1k usd, any advice how i can how about with this?

just remember that Bitcoin price is changing a lot, do not invest before you have the knowledge about bitcoin in general and also how to protect your bitcoins

ABitNut

hero member

Activity: 764

Merit: 500

I'm a cynic, I'm a quaint

Quote from: egyproductions on November 28, 2014, 01:10:19 AM

I understand Bitcoin quite well, just have no clue how to invest and profit from bitcoin

Don't feel bad, most of us (including me) don't know that and those who do tend to guard their knowledge since sharing it would reduce their own profitability.

egyproductions

member

Activity: 89

Merit: 10

I understand Bitcoin quite well, just have no clue how to invest and profit from bitcoin

ABitNut

hero member

Activity: 764

Merit: 500

I'm a cynic, I'm a quaint

Quote from: egyproductions on November 28, 2014, 12:21:56 AM

Hello

Basically Im looking to invest in Bitcoin, i dont have any experience trading but dont mind learning, even-though i find it very confusing.

Im looking to invest around 1k usd, any advice how i can how about with this?

First thing is to be aware that the value of bitcoin is very volatile. You should verify for yourself if the risk is acceptable.

For a nice getting started guide I suggest https://bitcoin.org/en/getting-started. You could also buy bitcoins directly from someone, but it is up to you to make sure they are trustworthy.

egyproductions

member

Activity: 89

Merit: 10

Hello

Basically Im looking to invest in Bitcoin, i dont have any experience trading but dont mind learning, even-though i find it very confusing.

Im looking to invest around 1k usd, any advice how i can how about with this?

Topic: Help/Advice (Read 1410 times)