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Topic: How to buy 1 bitcoin - page 4. (Read 772 times)

hero member
Activity: 1008
Merit: 531
December 02, 2019, 12:00:22 AM
#10
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  I believe this is called a market buy order and I've looked at the steps on how to do this but I think they're outdated or wrong.
If you trade on Coinbase, it's quite easy and you can literally buy BTC from them, they only update their prices every 5 minutes or so, and when your transaction is getting processed, it's basically set in stone (the price), and they can't change it.

They have huge, huge spreads though (something like 5%) and I would definitely recommend you to look at other options like paxful, which don't require your ID, and have only 1 percent or so via bank transfers (0.9% spread or smth, and then a 0.1% bank transfer, I believe).
sr. member
Activity: 1274
Merit: 278
December 01, 2019, 11:52:13 PM
#9
If that is the case, you are so rich to buy a whole 1 bitcoin out of your funds. I just highly suggest that prepare the safest wallet possible first before you buy so you already have a place to store it such as a ledger, though, I highly recommend not buying 1 bitcoin at this time. Try to consider buying at lower price if you are about to accumulate that huge amount of bitcoin. But if you just want to invest a small amount, then go ahead, try to find local exchange where you can have bitcoins at.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
December 01, 2019, 11:07:56 PM
#8
If you want to trade to hopefully increase your bitcoin stack, you're probably looking at Coinbase Pro: https://pro.coinbase.com/

Note, if you're a really inexperienced trader, I heavily wouldn't suggest going this route. My suggestion would be that you hold on to your bitcoin, and earn money through jobs/gigs/businesses instead and use the money you earn to buy bitcoin. You're highly likely to lose money with trading than to earn money.
hero member
Activity: 1498
Merit: 586
December 01, 2019, 10:52:24 PM
#7
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.
I will advice that you might invest little amount of first, dont spend to much in only one trade. Or you may try to split your money, if you are going to have a $7300 then maybe you should put $3300 to other alt coins and the bigger amount would be sent to bitcoin investment. Just invest to those trusted exchange! Nothing else for you not to commit mistake again.
newbie
Activity: 23
Merit: 0
December 01, 2019, 09:58:15 PM
#6
So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin.  
With what you have $ 1K, what is left of that amount for you to invest in bitcoin? how can you invest the rest for a bitcoin, while the price of bitcoin is now $ 7300.
need more capital to reach so you can bitcoin.

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.
newbie
Activity: 23
Merit: 0
December 01, 2019, 09:27:23 PM
#5
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.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 01, 2019, 09:04:28 PM
#4
So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin. 
With what you have $ 1K, what is left of that amount for you to invest in bitcoin? how can you invest the rest for a bitcoin, while the price of bitcoin is now $ 7300.
need more capital to reach so you can 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.
obviously at any time there will always be changes due to a transaction. now you just need to place it, if you want to sell or buy but all prices are determined by the price when you place.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
December 01, 2019, 06:43:27 PM
#3
.... 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.

What do you mean outdated or wrong?

May we know the steps you are talking about?

The prices fluctuates every second so how can I do this on coinbase?

The exchange rate will depend on the time the transaction got executed.
legendary
Activity: 2296
Merit: 1014
December 01, 2019, 06:23:20 PM
#2
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.
Just look at sell orders and you can set buy order on exactly the price of someone else sell order and you will buy from him.
Simple as that, current price of 1 BTC is around $7500 u need a lot more.
newbie
Activity: 23
Merit: 0
December 01, 2019, 06:12:00 PM
#1
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.
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