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Topic: New to Bitcoin, looking for some advice... - page 3. (Read 338 times)

newbie
Activity: 54
Merit: 0
December 28, 2017, 10:34:03 PM
#13
Thanks pinkflower, I posted at the same time as your post

I will be leaving Thailand in a couple of months, and really want to approach it as if I was in the UK. I have a UK bank where the money will come from. What is the quickest way to actually buy, without having to wit days or weeks for verification, and for exchange?  Coinbase seems to be popular but the fee is high if I spend £1000

Yes a friend recommended Electrum, but I read elsewhere that for amounts above £500 that paying for something more secure is a good idea. What do you think?
newbie
Activity: 52
Merit: 0
December 28, 2017, 10:24:08 PM
#12
Hi everyone

I have known about Bitcoin for many years, but did not have the money to invest until now. I know many think it is a bad time and the bubble will burst, and from what I know there is no way of telling what will happen next, so it is just a risk to be taken.

It seems that as there is a dip right now that its not a bad time to invest. I am from the UK but currently living in Thailand for the next few months. Can anyone reccomend the best/safest place to buy Bitcoin if I'm from the UK. Is it possible when I am here in Thailand?  My cousin said he used an offline wallet called Electrum, but said I could just leave the Bitcoin in the accoun of the place I bought it from. What is the best thing to do, what site would you use?

I was thinking of buying £1000 worth, and just leaving it in and seeing what happens over the next few years. I do not plan to constantly buy and sell, or to build up a portfolio of other cryptocurrencies.

Does £1000 seem like a reasonable investment at this point in the game? Obviously if Id invested that at the start of the year Id be very happy now, but I guess the likelihood of similar returns in the next year are unlikely, but who knows!! 

Also, are there other crypto currencies you think might be a better investment, or better to split with Bitcoin?

Thanks, any advice greatly appreciated


Hello, It's nice if you started in bitcoin earlier at bitcoin price is low, But its not too late to engage to bitcoin you can use bitcoin wallet if you dont have money to invest. And participating to ICO is best option you will get bounty and you wont be able to invest money just get free token and hodl that token and if that token price will go high then exchange it to bitcoin there you have your bitcoin. hope this helps thanks
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
December 28, 2017, 10:20:32 PM
#11
You should buy as much as you can afford right now. We need new blood to quench our thirst for profit. Buy buy buy
sr. member
Activity: 868
Merit: 259
December 28, 2017, 10:19:05 PM
#10
So can anyone recommend a good place to buy for people from the UK. And what is the best wallet to use for investments of £1000 or around that much?

Ive been reading for hours and theres so much conflicting info!

Read my post above. I recommend having someone with you who knows BTC in person than relying on random people in the forum.

But if you have no choice and you want to buy now, try looking around localbitcoins.com and find a seller there.

Having that said, dont you ever leave your coins in a website. Always store it in a desktop wallet. Use Electrum. Its the best.

https://bitcoin.org/en/choose-your-wallet
newbie
Activity: 54
Merit: 0
December 28, 2017, 10:15:13 PM
#9
So can anyone recommend a good place to buy for people from the UK. And what is the best wallet to use for investments of £1000 or around that much?

Ive been reading for hours and theres so much conflicting info!
sr. member
Activity: 868
Merit: 259
December 28, 2017, 10:14:44 PM
#8
I heard that theres a community of Bitcoiners there in Thailand that is mostly comprised of foreigners. I am not sure but go ask on /r/bitcoin in reddit.com.

If there is then I'm sure they will be more than happy to help you get some coins and teach you how to store them securely.
member
Activity: 130
Merit: 10
1PSVDDW6Qfjp9oQY73JMdTJDownJNEwmac
December 28, 2017, 10:01:23 PM
#7
I would buy bitcoin und ethereum (80%-20%). These seem to have a future.
Cryptocurrency is more reliable to save in the offline wallets over the next few years.
member
Activity: 600
Merit: 10
December 28, 2017, 09:59:10 PM
#6
Bitcoin, crypto currency in the form of investments and transactions, if you want to do that for me it is great to do that,
but investing in high risk bitcoins, if you can control it you are very lucky, to get more profit, especially in view next year bitcoin prices are very promising again because of the many people who do it.
newbie
Activity: 54
Merit: 0
December 28, 2017, 09:49:54 PM
#5
Thanks, i am prepared to take a risk. But it seems the risk with bitcoin is less than with Altcoins, although also less chance of huge returns or losses. I would rathr play it slightly safer with bitcoins to start with.

Can someone reccomend the best place to buy bitcoins in the UK? Also, do I need a wallet to keep them in?
member
Activity: 196
Merit: 11
December 28, 2017, 09:41:11 PM
#4
Hi everyone

I have known about Bitcoin for many years, but did not have the money to invest until now. I know many think it is a bad time and the bubble will burst, and from what I know there is no way of telling what will happen next, so it is just a risk to be taken.



Now it is a bit late to start with bitcoin. I think altcoin gives us more chance to get freedom.
Eventhough it is late now, but it is better than not join. Risk need to be taken to get profit.
member
Activity: 224
Merit: 19
December 28, 2017, 09:31:41 PM
#3
Hi everyone

I have known about Bitcoin for many years, but did not have the money to invest until now. I know many think it is a bad time and the bubble will burst, and from what I know there is no way of telling what will happen next, so it is just a risk to be taken.

It seems that as there is a dip right now that its not a bad time to invest. I am from the UK but currently living in Thailand for the next few months. Can anyone reccomend the best/safest place to buy Bitcoin if I'm from the UK. Is it possible when I am here in Thailand?  My cousin said he used an offline wallet called Electrum, but said I could just leave the Bitcoin in the accoun of the place I bought it from. What is the best thing to do, what site would you use?

I was thinking of buying £1000 worth, and just leaving it in and seeing what happens over the next few years. I do not plan to constantly buy and sell, or to build up a portfolio of other cryptocurrencies.

Does £1000 seem like a reasonable investment at this point in the game? Obviously if Id invested that at the start of the year Id be very happy now, but I guess the likelihood of similar returns in the next year are unlikely, but who knows!! 

Also, are there other crypto currencies you think might be a better investment, or better to split with Bitcoin?

Thanks, any advice greatly appreciated

Yes , it is a great time to buy now since Bitcoin price is steady, if you are going to hold it for years then I suggest to buy some altcoins as well.

You need to diversify, for the altcoins you may want to search what has potential in the future.


member
Activity: 140
Merit: 10
December 28, 2017, 09:22:59 PM
#2
Hi everyone

I have known about Bitcoin for many years, but did not have the money to invest until now. I know many think it is a bad time and the bubble will burst, and from what I know there is no way of telling what will happen next, so it is just a risk to be taken.

It seems that as there is a dip right now that its not a bad time to invest. I am from the UK but currently living in Thailand for the next few months. Can anyone reccomend the best/safest place to buy Bitcoin if I'm from the UK. Is it possible when I am here in Thailand?  My cousin said he used an offline wallet called Electrum, but said I could just leave the Bitcoin in the accoun of the place I bought it from. What is the best thing to do, what site would you use?

I was thinking of buying £1000 worth, and just leaving it in and seeing what happens over the next few years. I do not plan to constantly buy and sell, or to build up a portfolio of other cryptocurrencies.

Does £1000 seem like a reasonable investment at this point in the game? Obviously if Id invested that at the start of the year Id be very happy now, but I guess the likelihood of similar returns in the next year are unlikely, but who knows!! 

Also, are there other crypto currencies you think might be a better investment, or better to split with Bitcoin?Yes newly begineer in bitcoin has its all whys and hows but seeking and willing to learn from the masters can really helps us from making bitcoin more productive in us.Just learn to exert more to achieve comprehensive goals

Thanks, any advice greatly appreciated
newbie
Activity: 54
Merit: 0
December 28, 2017, 09:07:07 PM
#1
Hi everyone

I have known about Bitcoin for many years, but did not have the money to invest until now. I know many think it is a bad time and the bubble will burst, and from what I know there is no way of telling what will happen next, so it is just a risk to be taken.

It seems that as there is a dip right now that its not a bad time to invest. I am from the UK but currently living in Thailand for the next few months. Can anyone reccomend the best/safest place to buy Bitcoin if I'm from the UK. Is it possible when I am here in Thailand?  My cousin said he used an offline wallet called Electrum, but said I could just leave the Bitcoin in the accoun of the place I bought it from. What is the best thing to do, what site would you use?

I was thinking of buying £1000 worth, and just leaving it in and seeing what happens over the next few years. I do not plan to constantly buy and sell, or to build up a portfolio of other cryptocurrencies.

Does £1000 seem like a reasonable investment at this point in the game? Obviously if Id invested that at the start of the year Id be very happy now, but I guess the likelihood of similar returns in the next year are unlikely, but who knows!! 

Also, are there other crypto currencies you think might be a better investment, or better to split with Bitcoin?

Thanks, any advice greatly appreciated
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