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Topic: Minimum limit for buying BTC (Read 7246 times)

member
Activity: 119
Merit: 10
June 25, 2016, 09:42:55 PM
Well I don't know if there's minimum if there is, I think it is 100 satoshi from faucet. I think that is the minimum but you didn't buy it, you earn it for free. But I think that is the minimum.

You could buy one Satoshi for $ 100 simply because it came from a celebrities wallet, or you could buy that same one Satoshi for 0.00000001 Moon Coin because you feel both coins are of equal value.
sr. member
Activity: 286
Merit: 250
June 25, 2016, 03:14:42 AM
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
I think bitcoin is different, you can buy any amount you want but most sellers would require you to buy their minimum. The good thing with bitcoins is the price will increase when the market is doing great.

Definitely, that's what I was saying. You could literally buy 1 satoshi of bitcoin, but that would probably require a ton more in transaction fees, which is why most sellers settle with a minimum.

The minimum for cash deposit to BTC transactions is usually around $1-50.

Most exchanges charge a percentage for the transaction fees, so you can just buy 0.001 bitcoin, without any problem.
legendary
Activity: 3108
Merit: 1290
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June 18, 2016, 08:39:42 PM
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
I think bitcoin is different, you can buy any amount you want but most sellers would require you to buy their minimum. The good thing with bitcoins is the price will increase when the market is doing great.

Definitely, that's what I was saying. You could literally buy 1 satoshi of bitcoin, but that would probably require a ton more in transaction fees, which is why most sellers settle with a minimum.

The minimum for cash deposit to BTC transactions is usually around $1-50.
If you are buying bitcoins to buy online products to sell then the cost would not matter to your because you will add up it to your purchase price and will put mark up when selling. But when you are buying in for future investment then better buy it in bulk to save transaction cost.
sr. member
Activity: 294
Merit: 250
June 17, 2016, 11:49:54 PM
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
I think bitcoin is different, you can buy any amount you want but most sellers would require you to buy their minimum. The good thing with bitcoins is the price will increase when the market is doing great.

Definitely, that's what I was saying. You could literally buy 1 satoshi of bitcoin, but that would probably require a ton more in transaction fees, which is why most sellers settle with a minimum.

The minimum for cash deposit to BTC transactions is usually around $1-50.
hero member
Activity: 966
Merit: 546
June 17, 2016, 07:37:05 PM
With all investing it is worth it to budget yourself properly. You know how much you make a month and also how much your expenses like rent, utilities, and food will cost you. I'd advise, conservatively, 20% of the remaining money to go into a Bitcoin investment depending on how much money you want for entertainment. If you don't have any interest in other things and no other investments then a liberal 40% would be obviously more money into Bitcoin investing.
full member
Activity: 121
Merit: 100
June 17, 2016, 07:14:18 PM
I think limit for buying is your amount of money, you can non stop buying bitcoins till your money ends. I am buying 0.2btc every week cause i don't need more.

Yeah you need to buy what you can afford, as there is no minimum or maximum limit to buy bitcoin, you can buy according to your wish and capital that you hold.
I think now he should have to invest all of his wealth in bitcoinif he really want to get bitcoins and to earn profit from it with increasing value, otherwise he will toss his head to the wall that why he did not bought at that price.
You only invest what you can afford to lose do not invest all you have, there is no limitation on buying bitcoin you can buy how many as you want but look for the risk of it. Just take care
legendary
Activity: 3654
Merit: 1165
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June 17, 2016, 02:06:36 PM
I think limit for buying is your amount of money, you can non stop buying bitcoins till your money ends. I am buying 0.2btc every week cause i don't need more.

Yeah you need to buy what you can afford, as there is no minimum or maximum limit to buy bitcoin, you can buy according to your wish and capital that you hold.
I think now he should have to invest all of his wealth in bitcoinif he really want to get bitcoins and to earn profit from it with increasing value, otherwise he will toss his head to the wall that why he did not bought at that price.
sr. member
Activity: 406
Merit: 250
June 16, 2016, 09:00:23 AM
Now only one month has been remained in halving and at that time a biggest boost in the price of bitcoin will occur and just focus on buying as you cannot earn bigger amount now from different tasks etc.

Hmm.. 23 days to be precise.

http://www.bitcoinblockhalf.com/

I have told this before, and I am warning everyone once more. The basics are still very weak. The usage and adoption is not rising along with the exchange rates. That means that the bubble can burst anytime soon.

how do you know what is the correnct number of usage for the current price? maybe $430 was too low for the current usage, one never know, and maybe $1000 is right for the current people that are using bitcoin, just my opinion
sr. member
Activity: 447
Merit: 250
June 16, 2016, 07:33:43 AM
Well, the minimum limit for buying bitcoins is depend which site or person you want to buy bitcoin, because every place/person have their own rules when someone want buy bitcoins.
yeah, it mostly depends on the website though you can nearly everywhere buy really small amounts of bitcoins

i think you should buy enough bitcoins for your investment that you could earn some decent money
sr. member
Activity: 406
Merit: 250
June 16, 2016, 06:33:31 AM
Well, the minimum limit for buying bitcoins is depend which site or person you want to buy bitcoin, because every place/person have their own rules when someone want buy bitcoins.
legendary
Activity: 3766
Merit: 1217
June 16, 2016, 06:27:58 AM
Now only one month has been remained in halving and at that time a biggest boost in the price of bitcoin will occur and just focus on buying as you cannot earn bigger amount now from different tasks etc.

Hmm.. 23 days to be precise.

http://www.bitcoinblockhalf.com/

I have told this before, and I am warning everyone once more. The basics are still very weak. The usage and adoption is not rising along with the exchange rates. That means that the bubble can burst anytime soon.
hero member
Activity: 826
Merit: 1000
June 16, 2016, 05:59:32 AM
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

No just buy what you can afford.If it's for $10 a month or $100 doesn't matter.
Accumulate as much as you can.But again only with spare money!!
In addition to that go with some sig campaigns or with faucets if you have the patience for that.


Exactly you can buy according to your budget and  what you can afford to, and rather then just buying you should also try to earn it which can be an added advantage in future.
Now only one month has been remained in halving and at that time a biggest boost in the price of bitcoin will occur and just focus on buying as you cannot earn bigger amount now from different tasks etc.
hero member
Activity: 588
Merit: 500
June 15, 2016, 01:22:13 PM
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

 Few Exchanges have a Minimum limit but you can buy what ever you like to purchaser for the other person, i mean most of the members are here who sell their bitcoins, so if you want to buy it so better is that you should search it in service section and also you can apply the thread that you wana buy the bitcoins, so mostly member will contact you, i think it is a easiest way to buying. otherwise earning is better, you can earn it easily in faucets and in signature campaign.
hero member
Activity: 1092
Merit: 523
June 15, 2016, 10:09:19 AM
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

No just buy what you can afford.If it's for $10 a month or $100 doesn't matter.
Accumulate as much as you can.But again only with spare money!!
In addition to that go with some sig campaigns or with faucets if you have the patience for that.

Yes, this time is not for thinking that what will be the good price to buy bitcoin as every minute you spend in thinking you lose the opportunity to buy cheaper as every minute now the price increases and will not come back to lower price.
hero member
Activity: 2954
Merit: 672
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June 15, 2016, 03:16:46 AM
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
I think bitcoin is different, you can buy any amount you want but most sellers would require you to buy their minimum. The good thing with bitcoins is the price will increase when the market is doing great.
sr. member
Activity: 294
Merit: 250
June 15, 2016, 02:21:35 AM
Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
full member
Activity: 210
Merit: 100
June 14, 2016, 10:53:14 PM
well the minimum limit for buying BTC here in philippines is 1 PHP because that's the lowest denomination of fiat here in philippines. On other countries like US maybe 0.01$.
Lol, you buy 1 php and the transaction fee is 4php. It feels like it so nonsense to do so. But I think its the buyer choice if he want to buy on such very small amount.
sr. member
Activity: 364
Merit: 254
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June 14, 2016, 06:12:01 PM
If you are talking about a minimum price for buying bitcoin, then the answer is no. I will buy when the price has a big drop after I have sold some so I can buy back more for the same amount of money.
hero member
Activity: 854
Merit: 500
June 14, 2016, 05:46:44 PM
I don't really know but i think that it's not limited, you can get any amount of bitcoin's that you want. But i am not sure about it, it's only my opinion.
hero member
Activity: 826
Merit: 502
June 14, 2016, 04:14:25 PM
I think limit for buying is your amount of money, you can non stop buying bitcoins till your money ends. I am buying 0.2btc every week cause i don't need more.

I am also buying bitcoin whenever i get some money from any source, and after looking the highest increase in the value of bitcoin i wish that i would have a lot of money and i invest all of them in bitcoin to earn much more in shortest of time.
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