How to buy 1 bitcoin - page 2. | Bitcointalksearch.org

andycarrol

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Quote from: HarmonyA on December 09, 2019, 04:44:11 AM

Quote from: stskv on December 01, 2019, 06:12:00 PM

So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin. The prices fluctuates every second so how can I do this on coinbase? I believe this is called a market buy order and I've looked at the steps on how to do this but I think they're outdated or wrong.

Your available $1000 in far below the current price of bitcoin. The volatility of bitcoin won't allow you to purchase at such a price for a whole bitcoin. But if you are a professional trader, you can use the $1000 to trade with Alts that has a good market value, or better still invest in prospective projects IEO or ICO then will you be able to own a whole bitcoin in respect with time. Don't feel discouraged with the turn out of some previous Alts. Check the signature which I wear, you may prefer investing in it.

good advice, but I'm worried that if he doesn't have the knowledge, he might lose a lot of money. especially now that the market situation is unstable and tends to decline.
but IEO is a good choice, so far seeing IEO in the price comparison at binance in the early phase and now is quite good. especially if we can participate in the initial sales phase, it will be very good.
but indeed the best way to grow our bitcoin value is by trading altcoin.

kolonel_x

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The current comparison is that bitcoin is priced at $ 7,500, if a capital of $ 1,000 wants to be a whole bitcoin you have to trade professionally, your funds will increase if it is profitable, but it is difficult friends especially in the use of Coinbase exchange.
Try to do other ways to trade coins with potential coins in a short time may be able to become a complete bitcoin.

Asmonist

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Basically, you need to earn the price equivalent of 1 bitcoin today. As much as you can you must have the various sources of income and activities to earn bitcoin as well. Its a two way process, to earn bitcoin or to accumulate the certain $ dollar equivalent of 1 btc. Buying sites are everywhere and easy to process once you have the funds.

HarmonyA

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Quote from: stskv on December 01, 2019, 06:12:00 PM

So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin. The prices fluctuates every second so how can I do this on coinbase? I believe this is called a market buy order and I've looked at the steps on how to do this but I think they're outdated or wrong.

Your available $1000 in far below the current price of bitcoin. The volatility of bitcoin won't allow you to purchase at such a price for a whole bitcoin. But if you are a professional trader, you can use the $1000 to trade with Alts that has a good market value, or better still invest in prospective projects IEO or ICO then will you be able to own a whole bitcoin in respect with time. Don't feel discouraged with the turn out of some previous Alts. Check the signature which I wear, you may prefer investing in it.

metalglowd

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Well i actually bit confused with your title thread and the content itself, you ask about How to buy 1 Bitcoin, but you're already have 1000$ in Bitcoin and then the remaining amount ?
is this in another cryptocurrencies like Ethereum or other tokens but you have small amount in it ? or your buy order maybe all completed yet because price is going up again ?
Buy and Sell will be easier if you do it in the exchange like Binance or Bithumb for example. Let's say you already have that 1000$, the only thing you need to do is just set your Sell Order higher than Buy Order itself, most of exchanges usually takes fee if you placed it in the same price as the recent Buy Order.

BitHodler

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Quote from: Karmakid on December 05, 2019, 08:59:29 AM

Dollar cost averaging is helpful for situation like this because the market seems like full of confusion because it doesn't have a clear path where it is being headed so cost averaging will help you to spread the risk of investing.

This makes the most sense, not only for OP but for many other people who don't know what to do, because it's not easy to determine yourself with how indecisive the current market is.

One day it looks bullish while the next day the price tanks as fast as it went up. I generally use about 10% of my balance to dollar cost average into the market, which in case the price will go down more, will work out well for me.

That being said, you need a plan to dollar cost average into the market, so don't buy every single dip that you see. In some cases it's better to hold off for a while because there is more downside potential.

Karmakid

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If you have a cash for a whole bitcoin. I suggest to you to divide that cash into several parts so you can do dollar cost averaging. Dollar cost averaging is helpful for situation like this because the market seems like full of confusion because it doesn't have a clear path where it is being headed so cost averaging will help you to spread the risk of investing.

maydna

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Quote from: tenakha on December 03, 2019, 07:52:40 PM

Quote from: stskv on December 01, 2019, 09:27:23 PM

I made a mistake and invested $1000 in bitcoin on the bitcoin app not the bitcoin pro exchange. My plan was to invest a small amount and see that build up but I change my mind and would like to the whole value of a bitcoin which around $7300 right now not just $1000 worth. So how can I do this through the exchange? So now I need to invest around $6300.

There are several ways to earn more BTC but trading is the most logical way. So you will need the $1000 you invested and sufficient knowledge. Since there is enough money to trade, the only shortcoming is knowledge. So hurry up to collect this knowledge.

Although trading is the most logical way, he needs to make deposits another money if he wants to recover his losses in trading, so he will be able to make a profit. But he needs to consider to learn more about trading to know when he can enter the market. Or if he already has skills, he can choose scalping trade because I see a chance to do that way at the market. But be careful, the market is not predicted, and the price can run at any rate without we will know.

Taskford

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Quote from: stskv on December 01, 2019, 06:12:00 PM

So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin. The prices fluctuates every second so how can I do this on coinbase? I believe this is called a market buy order and I've looked at the steps on how to do this but I think they're outdated or wrong.

Since you are new and want to know more about this things best to move this topic to beginners help sections and possibly you will get the correct output for your questions since there are more veterans users who help newbie users for there questions https://bitcointalk.org/index.php?board=39.0

And since you want to buy bitcoins then make sure that you are ready to buy at this rate since as you said the price is flactuating and might you will lose aswell get panic if certain falls happen but if you are a risk taker and willing to hold then look at the current price and initiate/execute your buy order and it will be filled.

tenakha

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Quote from: stskv on December 01, 2019, 09:27:23 PM

I made a mistake and invested $1000 in bitcoin on the bitcoin app not the bitcoin pro exchange. My plan was to invest a small amount and see that build up but I change my mind and would like to the whole value of a bitcoin which around $7300 right now not just $1000 worth. So how can I do this through the exchange? So now I need to invest around $6300.

There are several ways to earn more BTC but trading is the most logical way. So you will need the $1000 you invested and sufficient knowledge. Since there is enough money to trade, the only shortcoming is knowledge. So hurry up to collect this knowledge.

leowonderful

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If you're just looking to buy the coin and you've got money on hand, the simplest thing to do that might incur some fees is just to simply buy the coins through Coinbase and pay the fees that Coinbase charges for spread and all or try to buy those coins through Coinbase Pro, though the latter will probably take more time for you if you're newer to Bitcoin. If available, if you want to cut the fees that you're taking with these buys, try to purchase the coins through a bank account. You'll be paying less in fees this way.

Landak

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Quote from: Danne87 on December 03, 2019, 11:00:12 AM

an interesting question that hardly anyone will answer correctly, especially in such a volatile December. Try using TA and think for yourself. It’s nice to go into the long term even now.

the simple answer is why a lot people always recommend long term, why not daily trading because with 1000USD capital it can be fast enough to get profit, at least he have to be smart in doing analysis.

Danne87

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an interesting question that hardly anyone will answer correctly, especially in such a volatile December. Try using TA and think for yourself. It’s nice to go into the long term even now.

rijaljun

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Quote from: MarioV on December 02, 2019, 05:22:49 AM

It is really becoming difficult to buy bitcoins. This is why it is healthier (against depression) to buy Satoshi, hoping that they will grow up and get over maturity.

OP is clearly trying to find way to accumulate bitcoin with the asset he has ($1000 in bitcoin) and not gonna buy bitcoin with fiat.

If you read the OP post carefully and wasn't willing to spam signature, I bet you would not make this post.

danherbias07

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It will be a difficult path ahead.
Are you really sure with what you are trying to do?
You can try to read more about the experience of other traders here for now. Do not be in haste. That should be your first rule.
Go get some knowledge and have a little experience using altcoins first.
Those bitcoin will be at waste if you just jump in without even knowing what you will do.

jostorres

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Quote from: stskv on December 01, 2019, 06:12:00 PM

So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin. The prices fluctuates every second so how can I do this on coinbase? I believe this is called a market buy order and I've looked at the steps on how to do this but I think they're outdated or wrong.

To buy one Bitcoin? You're still far from that, you need extra $6500 or so, based on the current price for one Bitcoin.
As for buying Bitcoin on Coinbase you will have to be fast about it, because if you delay and the price range changes, the purchase you're about to make will fail and you're going to have to restart your purchase.

But, a good suggestion is that you check out the selling orders on that trade page and then click on any of the sell orders and you will buy from them. If you keep making use of buy order you might not finish up before the price changes.

Harriti

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Quote from: stskv on December 01, 2019, 06:12:00 PM

So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin. The prices fluctuates every second so how can I do this on coinbase? I believe this is called a market buy order and I've looked at the steps on how to do this but I think they're outdated or wrong.

dont worry. You can buy it anytime you want and its price will fluctuate not too much, it only difference a few dollars. and as soon as you create a deal with the other server, they will close the price right after the click. so you're free to trade or if you're afraid the price is too high then you can choose to trade with people who want to sell bitcoins. they will sell cheaper than Coinbase or other credit cards.

harizen

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Quote from: stskv on December 01, 2019, 09:27:23 PM

I made a mistake and invested $1000 in bitcoin on the bitcoin app not the bitcoin pro exchange. My plan was to invest a small amount and see that build up but I change my mind and would like to the whole value of a bitcoin which around $7300 right now not just $1000 worth. So how can I do this through the exchange? So now I need to invest around $6300.

Quote from: stskv on December 01, 2019, 09:58:15 PM

I think I'm confusing you. I got $1000 from my bank account and put into bitcoin using coinbase pro. Now I want to put in whatever is leftover to own a whole bitcoin not just $1000 worth.

Then just repeat the process on how you able to deposit your $1,000.

Obviously, you can't buy a whole bitcoin with just $1,000. I don't understand what step you are confused about especially that "whatever is leftover".

You need to harm again your precious fiat until you reached the amount needed for BTC1. Anyways, it's not necessary but up to you if you want to push for it.

milewilda

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Quote from: stskv on December 01, 2019, 06:12:00 PM

So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin. The prices fluctuates every second so how can I do this on coinbase? I believe this is called a market buy order and I've looked at the steps on how to do this but I think they're outdated or wrong.

Whats outdated or wrong? Theres no such thing yet price do fluctuates every second and those buy orders youve seen are real time.
Regarding on the question that you do tend to accumulate 1 whole bitcoin then there are lots of ways actually but since you are already on coinbase then you can
also opt in to buy.

aardvark15

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If you are saying that you want to use the $1000 worth of Bitcoin and trade with it to add more, then Coinbase isn’t really set up for that. At least it’s not set up for short term trading or day trading. You may need to move the Bitcoin to an exchange that allows quick trades.

Topic: How to buy 1 bitcoin - page 2. (Read 772 times)