Topic: is there any easy way to buy and store bitcoin? (Read 1010 times)

           Bitcoin is the first and most famous among cryptocurrencies due to last years price raise of Bitcoin many people are attracted towards Bitcoin .There are different ways to buy and store Bitcoins by setting to mine or by paying to professionals  mining contracts or by trading or else you can buy .As bitcoin is a virtual digital one we have to store it in a secure wallet the popular digital one is blockchain online digital wallets cost nothing to the users .

Show them your own journey and success stories and you would be left with little to explain.Often times problem with most newbies is with taming their greed and over trading.

For an easier way to buy and store Bitcoin, I doubt if there's one because there are no free lunch anywhere and if one can render some essential services in the community, then that's about the easy ways to get some coins.

Yes,there is.you can login into localbitcoins .U can buy and sell there.
And it's easy to create too

I also want the bitcoin not to change very much, because in my opinion it is hard for anyone to use my computer, the place I hardly know about this, so some of the procedures a little bit good. there.

I trust binance and mercatox for buy and save my different coins here in crypto

We also have fiat wallet and btc wallet in coins.ph then it's instant everytime we want buy and sell

All here in crypto are easy we need only phone or laptop

Yeah, I can feel the pain, I had this problem one time. Now i have a solution for this, and the solution is Coinbase. You can tell him to use Coinbase wallet and store. Coinbase is a very easy and helpful wallet to keep bitcoin safe. But, you have to enable all security like 2FA Verification, Message verification and NID Verification to keep your money secure. You can even buy bitcoin, Ethereum and some other coins from Coinbase store! So, I recommend you use COINBASE for your issue.

There is no rocket science in buying and selling of bitcoins from different sites so I don't think so there is any need of finding a more simple way as you are taking a huge risk and you can't give 5 minutes to buy them. Starnge

it depends on your country there is an app on your country that is engaged on bitcoin that lets you buy and sell fast and easy.

Before owning any bitcoin, you need somewhere to store them. That place is called a "wallet." Rather than actually holding your bitcoin, it holds the private key that allows you to access your bitcoin address (which is also your public key). If the wallet software is well designed, it will look as if your bitcoins are actually there, which makes using bitcoin more convenient and intuitive.

Actually, a wallet usually holds several private keys, and many bitcoin investors have several wallets.

Wallets can either live on your computer and/or mobile device, on a physical storage gadget, or even on a piece of paper. Here we'll briefly look at the different types.
Electronic wallets
Software wallet
Online wallet
Mobile wallets
Hardware wallets
Paper wallets

Are bitcoin wallets safe?
That depends on the version and format you have chosen, and how you use them.

The safest option is a hardware wallet which you keep offline, in a secure place. That way there is no risk that your account can be hacked, your keys stolen and your bitcoin whisked away. But, if you lose the wallet, your bitcoin are gone, unless you have created a clone and/or kept reliable backups of the keys.
read for further details. https://www.coindesk.com/information/how-to-store-your-bitcoins/
always remember before you invest you in anything you shold learn all the basic things for you to be safe from phishing and hacking..

Yes I agree with you some unbreakable things, strong man, hard stone can be destroy by just small things, like the famost Titanic that was sunk by ice Berge, giant Goliath stone by David, same with wallet even a ver secured account can be penetrate by hacking your password not the wallet itself and can open your account easily,

Buying Bitcoin on Binance is easy but storing it depends on what strategy you can advice with your friend, I advice wallets any wallets that is used by many, don't put your Bitcoin in just one wallet specially when it has a big value.

I don't know in other countries what is the easiest way to buy and store bitcoin.But here in our country,the best and safest way to buy and store bitcoin is through coins.ph wallet.You just cash in your fiat money to any affiliated organization connected with coins.ph then convert easily to BTC and thats it since it is automatically stored in your BTC wallet.

Paper wallet is the safest method I think. You should definitely investigate the paper wallet. I think the best way to keep your BTC safely.

we should be able to choose the right trading platform. see what payment method is offered! and how much it costs while doing the exchange. choose a way of payment that you think is easier and profitable, choose a good wallet for storage

an easy way to buy bitcoins? go to an atm(can serch here coinatmradar) enter the money then the bitcoin address and here it is, to keep the bitcoins i feel good with electrum...

To buy and store bitcoin then luno wallet is the best option.

You should always tell them "You will get rich, please try to do it"
always think about a lot of  money that can come to you from bitcoin by your brain!

Actually it is not very hard for you to know that thing. Of course you need wallet to store your bitcoin.
there are many exchange wallet nowadays to buy bitcoins. You can try coinbase. you can install and use it on your phone.
very easy to use, really.

Here in the Philippines it's so easy to transact and very fast with the help of coins.ph, no hassle and very convenient to buy bitcoin directly and automatically stored and send to other bitcoin address. Coins.ph is a big help for the Filipino wants to invest in bitcoin.

There are some kind of crypto wallet, where you can store your Bitcoin safely and easy way. But before buying Bitcoin you have to careful about transaction, Because there has an afraid of Scammers.

In the event that you need to have bitcoin, I recommend you to visit the official exchangers who acknowledge the trading of rupiah into bitcoin. you ought to have a bitcoin wallet/wallet in the first place, however not exceptionally essential, but rather to keep your bitcoin over the long haul, it's more secure in the event that you have a private wallet as opposed to utilizing the wallet gave by the exchanger benefit.

If you want to best bitcoin, then you are probably investing in the best currency of the future. You can easily buy it from a local exchange in your country and then store in any hardware wallet, so that your coins are safe from any kind of exchange hacks or any other vulnerability.

I think the best way is to buy bitcoin @coinbase, then store them in breadwallet and always stay in control of your bitcion with the priavte keys.

Bitcoin has a decentralized transaction system. The mode of transactions is quite easy as of today because there no third party, no paper work and it's transaction is quick and cheap. however,  it can only get better.

It allows you to make transactions, that is, to buy and sell the crypto currency. The main task of the bitcoin of the wallet is to store the secret key that is needed to access the bitcoin address and, accordingly to your means

First you have to suggest your friend open a bitcoin wallet for stor his bitcoin there.then tell him go to the ether delta or bitcoin marketiing website to buy bitcoin or any crypto currency for trade or holding them to get profite.Bitcoin tradin or holding is the best way to earn bitcoin or crypto money from this crypto world.

It's not tough.
Try to make them understand how it works.
And if they are doing something new, they have to open their mind and accept its working techniquestoo or else no use of bringing them into this concept.

If you are bored with your routine work every day getting up at 7:00 in the morning you can finish it in an instant by starting to invest.

First of all install a bitcoin wallet with private key access to safely store our bitcoin,and then go to the localbitcoin.com because it is the exchange which is available in all the countreis and you can just buy bitcoins with your local currency itself.But you may need the ID proof because many traders are asking for the identification.Then immediately move your bitcoins to your wallet,never store it in exchage.

I would say so. Don’t expect any privacy, but there record has been pretty good in terms of security. They use the cold storage and hot storage model.

Cold storage just means that they private keys used to access the Bitcoin is kept offline — that is the private key NEVER touches the internet. Physical security is a relatively easy problem to solve compared to digital security.

Hot storage is where the private keys used to access the Bitcoin is kept online. These Bitcoin are at high risk of being stolen because it is relatively easy for hackers to get access to these — computer security is really hard.

Coinbase probably keeps something like $50,000 - $100,000 in their ‘hot storage’ at any given time. The rest of their Bitcoin is kept in cold storage — which is much safer.

You can make it more secure with the two-factor authentication. Instead of 2FA applications such as Google Authenticator, you can use hardware tokens. The tokens can be in the form of key fob or card. For example, Protectimus offers reprogrammable tokens Protectimus Slim NFC, which can be used to protect the access to your Coinbase account.

The reason I like Coinbase is because it’s an easy, dummy-proof way to get into buying and selling Bitcoin, Ethereum and Litecoin. If you are not familiar with trading, this could be an easy to use alternative. You can keep an eye on it’s price index, and decide whether you want to invest or not. I have been using it for a couple of months now, and I’m pretty much satisfied with the online and mobile platform.

Coinbase is an excellent way to buy/sell bitcoins. Probably the best option for those who live in the US.

And storing one’s coins on Coinbase is the easiest method of storage; however, Bitcoin was invented so that its users would not have to trust companies. In effect, there is no significant difference between storing your coins with Coinbase and storing your US Dollars at a Chase Bank.

Paper wallets, Trezors, etc are all far safer long-run options. With them, the need to trust a bank or bank-like company is eliminated.

As far as I think there are many ways to have bitcoin but the fastest way to have you are just to find some swap people who are buying and selling bitcoin. If you can do these things correctly, you will be able to earn more BTCs and then you can change the future.

Surely there is simple way of buying bitcoins and storing.
You just find some exchange who are dealing bitoin buying and selling. You can buy bitcoins from them online and then you need to make a blockchain wallet and keep your coins in your wallet without any tension.

You can go to an exchanger who is willing to sell bitcoin with fiat so when you were a baby you first learned to walk, whether you can walk right away some of them still cannot imagine bitcoin is a serial of number and alphabet That's one possible way and other than that localbitcoins seems to be the best way to buy and store bitcoin in a much secure manner. More we enable the security features more will be the secure holding of bitcoin.

BTC and Ethereum became the most popular. Here's their most work. Their prices are increasing. If you can do these things correctly, you will be able to earn many BTC and Ethereum.
And you can change the future.

There are lot of easy ways to buy and store bitcoin. For buying, you can visit coinbase website. It supports 27 countries currently wher you can use online payment to buy bitcoin from them and store at their online wallet. Coinbase is an old wallet service provider and trusted. The country restriction is only about buying bitcoin, however, you can store your bitcoins in their wallet regardless of your residence.

You can also try localbitcoins website if coinbase is not supported in your country. LocalBitcoins is a platform where buyers and sellers from around the world come together and trade bitcoin. However, this websitye doesn't provide wallet service, so you need to take delivery of your bitcoins in your online or offline wallet. For online wallet, I recommend CoinBase and Localbitcoins and for offline wallet, I recommend Electrum light wallet.

I'm not sure if this answers your question, but I've written a beginner's guide on buying and storing your first Bitcoin through Coinbase: https://bitcoin-investors.co.uk/2017/10/how-to-start-in-bitcoin/

I buy and sell a lot on LocalBitcoins. They use escrow for all trades which means if there is an issue, they will find out who is telling the truth. Coinbase requires identification and you need to wait until your identity is confirmed before you can withdraw.

There is no easy way to buy and store bitcoin, unless you need to have an effort first by gaining knowledge about bitcoin. As of this time bitcoin is most popular crypto currency, since its value getting high many people want to know about bitcoin due to its demand in the society. Having mentors or friends must ask them to know more about bitcoin.

people love bitcoin as currency if explaine to them how to bitcoin uses in easy way, many store accept bitcoin as payment as i heards but here in my location i can use bitcoin as payment in the electric bills water bils via online wallet but i can't use already to buy food or in the groceries store, i think in the few years bitcoin use to buy food here in my location because bitcoin is legit here and legit as currency by the central bank.

Buying bitcoin is easy. There are various crypto exchanges for that purposes .you can store it in your private wallet

I have never tried such before. I make use of Xapo and they have an option to buy Bitcoin and add to your Xapo wallet, but I never chose to make use of it. My favorite way to buy bitcoin is through the Localbitcoins site. I also have a friend that lives close and is also into Bitcoin. So sometimes I sell to him face to face.

The best and easy way to buy Bitcoins is to find a local exchange for your country, sign up there and buy through your banks or if you want too much privacy then contact any trusted trader on this forum and make a deal.
For storing, if you want physical offline wallets then go for trezor and keep it offline.

That is already more complicated for the normal people, only less than 1% of people are doing it and knows how to do it via exchange. We need a simpler way, like buying lottery tickets at a store.

For me there is no easy way to buy or to store bitcoin just always think and ask if you buy a nice coin if the have a potential to increase becuase you will lose if it happen , but always ask to them what is the safest way to store your wallet .

Actually we can make it simpler and don't need as much knowledge as science experts to understand it.
Just make an account in an exchanger that you trust, and you can buy or sell and store it.

This is one of the payment method we are running to support offline payment btw

More info here: https://medium.com/pundipundi

Hi, I live in Indonesia and am part of a Fintech startup.

We plan to roll out an easy way to buy and spend cryptocurrency, the plan is to roll out a smart POS/EDC device with the capability to process both buy and sell real time. Also the bought cryptocurrency can be stored in a secured card or in our app, or any apps that supports storage, including Coinomi, electrum etc.

In my case there is, I lived in the Philippines and we do have a site called coins.ph wherein we can buy Bitcoin instant anytime it goes directly to my coins.ph bitcoin wallet for that it is automatically stored in that address until i send it to any other Bitcoin address.

Yes there are many easy ways to buy and store bitcoin for you.One of the best example is Coinbase and Coins.ph(Philippines only). These two online wallet platform gives every individual an easy ways to top up bitcoin by making bank deposit direct to your wallet with secured blockchain hash , cashing in  and cashing out thru different remittance centers (Philippines only).

If you want to have bitcoin, I suggest you to visit the official exchangers who accept the exchange of rupiah into bitcoin. you should have a bitcoin wallet / wallet first, though not very necessary, but to keep your bitcoin in the long run, it's safer if you have a private wallet instead of using the wallet provided by the exchanger service.

yes, this is one of their concern
as there is no to the price fluctuation, they require a more normal-user-friendly mechanism or platform to buy and sell
imagine you have to transfer your bitcoin from wallet to the exchange, then trade at the exchange, it is just too slow and it is so dangerous if we store our bitcoin in those exchange platforms, let alone the complicated authentication process and password

the purpose of doing this investment is not for the losing money,so we are still looking some easy way
something physical, like mobile credit reload card


 

I believe is the super long serial number + alphabet that makes them confusing, how can an asset looks like this?
the authentication and super long passcode of the address also the pain
they do not know how to remember or store the passcode 

guess it is still consider complicated for normal users
some of them still cannot imagine bitcoin is a serial of number and alphabet

it is the 'complicated procedure' that inputs 'crypto' into cryptocurrency

so bear with it then

welcome to the whole new world

That's one possible way and other than that localbitcoins seems to be the best way to buy and store bitcoin in a much secure manner. More we enable the security features more will be the secure holding of bitcoin. Now Eth too has been added to the list supporting traders into active participation of different digital currency storing and trading.

Ye there is,the easiest way tht I know to buy and sell bitcoin ia through the poloniex Polobiex is an online money trading wbesite in where tou can buy and you can also sell bitcoin.With that you can have more money.

Electrum is easy.

You can go to an exchanger who is willing to sell bitcoin with fiat, I think triv is a good choice. then if you've got bitcoin at the right price you can keep it in blockchin or something else.

The Titanic is unsinkable.

i think there is no easy way , But you can try it in exchanger site ..
i hope your mood not going down ..
so when you were a baby you first learned to walk, whether you can walk right away, you have to learn to continue to walk, so do not be lazy to learn to learn and learn continue just like in Bitcoin

There are some kind of crypto wallet I read about. It's unhackable I read. Others with knowledge about it can answer.

You would really be blamed if prices would go fall and they saw that they are losing money and as you said we should really tell them the aspects of bitcoins price on how does it move and its risk involve.Its just a basic thing actually and then later on explain to them the usage when it comes to payment.There are lots of wallets its either on online or offline but since you do ask on physical then you can make use on hardware wallets like trezor or ledger but quiet hassle when you do make active transactions.

Something physical is not the mental approach you should be having towards cryptocurency.

What are your goals? Are you planning to buy hefty amounts, or just a few bucks' worth?
If you are looking to invest heavily, I would buy something like a TREZOR (a hardware wallet) which will keep your coins more secure. This WILL set you back over $100, so make sure it's worth it.
Otherwise, just use a lightweight wallet you trust. Electrum is a fairly good one IMHO.

Buying bitcoin can be as easy as dealing with a human being through a platform like localbitcoins, or as "complicated" as registering on an exchange that provides FIAT services, follow all KYC procedures, send a bank transfer, and buy coins from the exchange.

If you _do_ follow this path, do not store your coins on the exchange for the long-term. Always use a wallet that you can control, always encrypt your wallet, and always keep a physical handwritten copy of your recovery or private key. in a safe.

It's not rocket science, but you need to read around a bit, and try things out. practice makes perfect. don't practice on 15 grand at a time.

If this is such a big barriers then they probably are losers that won't get anything from live if they don't change, and probably would lose their BTC to scams or hacks or because they panic sold at the wrong time, so they wouldn't make difference in the end.

You have made a lot of money, because their money can be reduced. And you may even blame. so you should well explain the Bitcoin they have to enlighten them if the bitcoins have fallen. Teach them when they are holding and left many years may be double or triple its value.A good example is the display of videos, pictures of creatures because of bitcoins. In this way they can make sense of what bitcoins can do in their lives.

Just check this links ;
https://www.bitcoin.com/spend-bitcoin-online
https://www.coindesk.com/information/what-can-you-buy-with-bitcoins/

Many retailer including overstock accepts bitcoin as payment method and also you can buy anything from dell with bitcoin.

Easiest way to use your bitcoin is to topup balance of any mobile in the world via bitrefill.com

finally i convinced my friends to believe in cryptocurrency, but, when the procedural, key chain, wallet....etc.

it just killed the mood, it is like some rocket science

so anything, whatever, can let  normal people to understand, to buy, to store

if we can something physical, even better