How to start on Bitcoin? Where is the best place to invest?

agentx44

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Quote from: mirrasel on November 03, 2019, 08:55:24 PM

Hello Experts, If someone wants to buy or invest in Bitcoin, how they can start? Where is the best place and which crypto is the best to invest?
Expecting your valuable replies. Thanks in advance!

Bitcoin can be earned through many ways. You can either earn it through joining projects or through trading. In terms of picking a mean on where you are going to earn, you should make sure it is reliable and trustworthy so that you wouldn't end up being disappointed on what you may get. There are a lot of instruments on how you can get bitcoin, you just need to be knowledgeable about the things you are going to join in so that you can make out the most from it.

mersal

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Quote from: nutella_11 on November 21, 2019, 10:06:50 AM

If you have enough knowledge about cryptocurrencies, you can start investing. What about trading? It's great opportunity to earn some money, but you need to be patient. Trading isn't easy, but the experience is a matter of time so you can learn from your mistakes. Find a proper exchange, for example Kraken or CoinDeal.

A real crypto enthusiast will not interested in trading because it is making bitcoin to be more volatile and restrict it from used as payment but its a way to get profits if their intention is to only make money.But when someone just beings their crypto career then trading should not be advised it has high risk of losing the capital.

nutella_11

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If you have enough knowledge about cryptocurrencies, you can start investing. What about trading? It's great opportunity to earn some money, but you need to be patient. Trading isn't easy, but the experience is a matter of time so you can learn from your mistakes. Find a proper exchange, for example Kraken or CoinDeal.

qwertyup23

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Quote from: mirrasel on November 03, 2019, 08:55:24 PM

Hello Experts, If someone wants to buy or invest in Bitcoin, how they can start? Where is the best place and which crypto is the best to invest?
Expecting your valuable replies. Thanks in advance!

For starters (and how I started my bitcoin journey), the best thing to invest would be your account here in the forum.

Provide essential guides, tips, information, and news about bitcoin and share it among the members here. Through the process, you would be able to garner merits from your posts which would make you eligible to participate in campaign signatures. Every week, the BTCs that you would get can definitely help you in increasing the amount of your investments across different platforms.

debitel

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Quote from: mirrasel on November 03, 2019, 08:55:24 PM

Hello Experts, If someone wants to buy or invest in Bitcoin, how they can start? Where is the best place and which crypto is the best to invest?
Expecting your valuable replies. Thanks in advance!

You can start on Coinbase as it is very friendly. You can deposit Fiat there and purchase BTC. From there you can send your Bitcoins to numerous exchanges and have fun with trading. Although you should read crypto school or watch a few videos on youtubu (How to trade) before investing huge amounts of money.

bossmarket1

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Quote from: Annisa_crypto on November 14, 2019, 06:01:51 AM

The first thing try to figure out one exchange on which you can trust and put your money. All coins are good so it is up to you which is your preferable coin and on which coin you want to invest. But try to do your own research before any investment.

Doing research yourself is difficult and risky. But I will succeed, intuition will help me.

DimitrisLodirogas

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Think the best way is to educate yourself first. There's to many FOMO people around just wanting to buy that BTC and then boasting about it. If you think of it as a longterm investment then just buy btc, if you plan to day-trade then find some education site like CryptoSchool, Newscrypto etc.
Not an expert help but at least can give some advice since i blindly invested too much. Have a great day!

Ashong Salonga

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Quote from: mirrasel on November 03, 2019, 08:55:24 PM

Hello Experts, If someone wants to buy or invest in Bitcoin, how they can start? Where is the best place and which crypto is the best to invest?
Expecting your valuable replies. Thanks in advance!

You sounds like you want to invest in crypto, not in Bitcoin at all. Well going back the qustion, the best place to start is through trading first for a reason. The reason is that even though you're investor in crypto, you'll need to at least understand hoe to buy and sell a certain altcoin. Once you are able to manage that, you can now look for best investment platform such as mining (through POW or POS), Masternodes, Gambling Bankroll, and etc. Never go for ROI programs and avoid ICO/IEO since they are too risky.

Velkro

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Quote from: mirrasel on November 03, 2019, 08:55:24 PM

Hello Experts, If someone wants to buy or invest in Bitcoin, how they can start? Where is the best place and which crypto is the best to invest?
Expecting your valuable replies. Thanks in advance!

Best investment is to buy Bitcoin and hodl. Thats it.
ICO's is like investing in crypto, but its actually not at all. Its investing in people idea about crypto.
Mining is wrong way also, either you are professional with huge business plan, or you loosing money.

alisonwonder

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binance is the best, exchange no 1. you can buy and start there. learning about trading I think this is the most favorite in crypto. but it must be learned a lot, because there are many factors that make many people fail. basically about knowledge.

carriebee

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Mostly has been given on how to start on bitcoin. The favorable thing that you can do before to invest never start in crypto without knowing anything. This is your weapon throughout this journey is your knowledge in crypto. As a newbie starts in gaining knowledge this is never-ending learning. Also, know the risks before putting some money in bitcoin to be successful when trading.

nutella_11

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Trade. But before you decide to start, gain some knowledge, take your time and watch the market's fluctuations. Then, find a proper exchange. For all beginners, I always recommend CoinDeal because it's probably the most user-friendly exchange I've ever seen. Everything is clear and simple. Another superiosity is its safety, check out CoinDeal's security practices.

pealr12

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Quote from: mirrasel on November 03, 2019, 08:55:24 PM

Hello Experts, If someone wants to buy or invest in Bitcoin, how they can start? Where is the best place and which crypto is the best to invest?
Expecting your valuable replies. Thanks in advance!

before engaging into a project or investment better to make a study to understand what you are investing in to lessen the risk of getting scammed. Have a little knowledge on what bitcoin is ,to avoid putting your money in a wrong place.

dimonstration

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Dimon69

Quote from: barota on November 06, 2019, 05:28:12 AM

for newbie the best site exchange is binance . because there is lot of fake site exchange that close without returning money to their users . you should avoid investing in altcoins because the last does not give benifite and it can disappear from exchange and market at any time .and for sure the good investement is buying bitcoin now and hold for long time

It's not for long that they will only invest in bitcoin, it's also good to try investing try crypto simulators, there are demo accounts in exchanges where you can do trial trading or simply search and download at crypto trading simulator while you're holding BTC so you can trade other alts maybe those top 10 when you have extra for trade.

Annisa_crypto

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The first thing try to figure out one exchange on which you can trust and put your money. All coins are good so it is up to you which is your preferable coin and on which coin you want to invest. But try to do your own research before any investment.

mirrasel

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Thanks all of you for your kind answers. The answers are so much informative for the beginners.

GideonGono

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★Bitvest.io★ Play Plinko or Invest!

Quote from: mirrasel on November 03, 2019, 08:55:24 PM

Hello Experts, If someone wants to buy or invest in Bitcoin, how they can start? Where is the best place and which crypto is the best to invest?
Expecting your valuable replies. Thanks in advance!

I recommend that you firstly do invest your time for understanding cryptocurrency and do not stop to learn then if you think that you have enough knowledge then you can invest in a right way because it is not good for making decision based on the opinion of others. Just ask their experience but don't ask what you are going to do.

barota

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for newbie the best site exchange is binance . because there is lot of fake site exchange that close without returning money to their users . you should avoid investing in altcoins because the last does not give benifite and it can disappear from exchange and market at any time .and for sure the good investement is buying bitcoin now and hold for long time

Findingnemo

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Bitcoin = Financial freedom

First you need to know what is bitcoin? Its a peer to peer currency with no third party involving but if you want to invest on it for its speculative nature then make sure you keep your bitcoins safe.For that you need the right wallet,more details : [General] Bitcoin Wallets - Which, what, why?

Once you setup your wallet you need to find an exchange where you can use your fiat to buy bitcoins most preferred exchanges are coinbase,Binance and for p2p transactions try localbitcoin,once your bought the bitcoins move your funds to your wallet by entering your wallet address on withdrawal tab from exchange's wallet.

Be aware of scammers,clone sites,ponzi schemes and more...

ethereumhunter

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Quote from: mirrasel on November 03, 2019, 08:55:24 PM

Hello Experts, If someone wants to buy or invest in Bitcoin, how they can start? Where is the best place and which crypto is the best to invest?
Expecting your valuable replies. Thanks in advance!

I am assuming I want to invest in bitcoin. I will search for more information on where I can get bitcoin, and I will use the search engine to find the way. I am sure that I can find a local place which I can directly buy bitcoin. It will depend on where I lived, so I don't have to get confused if something happens.

There is a place for people to buy bitcoin directly, and that place is localbitcoin, which that person can meet a local seller who may be near his city. So that will cut off his time to send the money to get money.

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