Pages:
Author

Topic: How to trade your Bitcoin - page 2. (Read 176 times)

sr. member
Activity: 1316
Merit: 356
February 16, 2023, 03:18:27 AM
#4
Please my fellow friends fans and family I greet everyone in this  house. I am new year I hope I am welcome. I need more update about Bitcoin how to invest in Bitcoin how to trade with it. Friends have been testifying about it I really need the help of this house is. I strongly believe that bitcoin is one of the best investment someone can invest but the question is how can I do it I really need the help of this room please

You can buy and trade Bitcoin in the exchanges.

Example: "Binance"

First, you have to make an account in the exchange or e-wallet that is available to your Country.

Example: Binance

2nd, Go to "P2P" section then click "buy" (you can choose a specific currency or choose BTC) then you can see the list of payment method.

Just follow the simple instructions provided in your Binance app and you will immediately get BTC.

If you want to hold your Bitcoin for a long time investment, you have to transfer it to a safer wallet.

I recommend to use Electrum because that's what I'm using, just make sure to keep your private key and phrase where only you knows it. If you have a hardware wallet, it's much safer.

Then if the time has come that price of Bitcoin is so expensive, you have to transfer it again to exchange in order to trade it.

You can see the list of top exchanges here: https://coinmarketcap.com/rankings/exchanges/
legendary
Activity: 1904
Merit: 1563
February 16, 2023, 03:12:51 AM
#3
I don't think you should be focusing on investing or trading bitcoin right now. I mean, if you can't use a bitcoin wallet properly, don't understand what bitcoin is, and aren't sure how you'll protect your money in the long run, then investing or trading should be your least concern.

Learn how bitcoin works, at the very least in the most basic terms, to become comfortable with it before deciding whether or not to invest money in it.
- https://learnmeabitcoin.com/beginners/

that bitcoin is one of the best investment someone can invest
It isn't the best investment in general but the safest in terms of cryptocurrency investing.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
February 16, 2023, 02:53:09 AM
#2
Depends on where do you live, what's your preferences.

If you don't have a problem with Centralize exchanges like Binance-
Create an account there, verify the account deposit USD with available options. Buy bitcoin. Remember that "Not your keys, not your coins." Buy a hardware wallet like Ledger, Trezor etc and withdraw your bitcoin from Centralize exchange to your hardware wallet.

But if you want to avoid centralize exchange-
use bisq.network
newbie
Activity: 28
Merit: 0
February 16, 2023, 02:49:12 AM
#1
Please my fellow friends fans and family I greet everyone in this  house. I am new year I hope I am welcome. I need more update about Bitcoin how to invest in Bitcoin how to trade with it. Friends have been testifying about it I really need the help of this house is. I strongly believe that bitcoin is one of the best investment someone can invest but the question is how can I do it I really need the help of this room please
Pages:
Jump to: