Pages:
Author

Topic: Should I buy Bitcoin? - page 2. (Read 418 times)

hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
August 11, 2021, 09:04:03 AM
#26
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!
You can start buying bitcoin and it will be better if you can buy bitcoin constantly weekly or monthly in the same amounts. That is called bitcoin investment. You do not have to worry about the volatility of bitcoin price because if this day bitcoin price is down, tomorrow or next week, the price can increase even higher. Or you can hold the bitcoin for 6 months, a year, or even 2-3 years from now. Maybe you can have free money for $50 weekly so you can start to buy bitcoin using that amount and repeatedly in the next week with $50.
member
Activity: 93
Merit: 11
August 11, 2021, 09:02:25 AM
#25
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!


Matter of fact, Bitcoin is one of the crypto asset you never can strike off, is not something govt can put a stop to because it is not just a one man's invention and that makes me decentralized. So make hays while the sun shine.

Start buying now if you haven't started already with as little as $50, however you can buy as low as 10$ in an exchangeand keep there till you have excess to transfer to your personal wallet.
full member
Activity: 658
Merit: 100
The Standard Protocol - Solving Inflation
August 11, 2021, 08:35:55 AM
#24
Of course, bitcoin is the best coin. Bitcoin has the least risk so it is suitable for beginners who want to invest in crypto. I highly recommend you to buy bitcoin. Actually you can buy bitcoin with a small nominal.
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
August 11, 2021, 08:25:50 AM
#23
right now it is very appropriate to buy bitcoin, don't delay any more time later you will regret it I suggest you buy bitcoin as soon as possible because bitcoin prices will be more expensive in the future, I am sure if you buy bitcoin now you will get big profits in the future.
sr. member
Activity: 1050
Merit: 286
August 11, 2021, 08:17:21 AM
#22
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!
The only reason you should take consideration on not buying bitcoin is when it is at it its highest value at the moment because the likelihood of you earning from that investment is very low. Also, if ever you are transacting with someone who seems shady and untrustworthy, you should set back your transaction right away or else you will lose lots of money. You should never waste the chance of buying a bitcoin if its value is currently low yet you should take a look at the probability of it falling even lower so be careful. You can try diversifying your investment to other coins and you can buy only a percentage of it because buying a single coin will surely be expensive.
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
August 11, 2021, 08:12:02 AM
#21
As a newbie should I look into purchasing it?

If you're asking if you should buy bitcoin or literally any asset investment, you probably shouldn't. If you understood a certain investment then you should be able to make the decision yourself.
It's true, I agree that if you want to invest, you usually learn to understand and only after that conclusions can be drawn, but I'm sure the operator is not a new person and he has understood bitcoin investment.
sr. member
Activity: 2016
Merit: 283
August 11, 2021, 07:51:09 AM
#20
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!
any amount to trade in bitcoin is good mate.. But remember that your profits will base as well in your capital. Wherein if you trade small capital in it of course you will receive the same depends how long you keep holding your money from it. However if you're planning for shorting perhaps its not worth it.. Much better to accumulate more before to start trading to don't waste your time and efforts..
full member
Activity: 630
Merit: 100
XIRCUS
August 11, 2021, 07:42:47 AM
#19
Even though the price of 1 bitcoin is $46k but we don't have to buy 1 bitcoin. Only $100 you can buy bitcoin. I highly recommend you to buy bitcoin. Because bitcoin is the number one currency. Buy according to your ability because bitcoin is suitable for investing in the long term.
sr. member
Activity: 1400
Merit: 283
August 11, 2021, 07:11:28 AM
#18
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!
If you are hesitating to buy bitcoin due to not having thousands of dollars to do so than its ok, you can buy small amounts from various sites and exchanges on the internet, we all have to start somewhere, but you have to understand that investing in bitcoin is a long term thing that will only get you more profit the more you wait and more you invest in it, so if you want the best results try saving some money each week or month and putting it back into bitcoin.
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token
August 11, 2021, 06:36:26 AM
#17
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!

it all depends on your appetite for risks because Bitcoin is always volatile - we can it now rising and we are rejoicing and then all of a sudden in the following week it is going down and we are disappointed. Of course, the best thing to do for a newbie is to HODL...so if that is what your strategy then BUY as many as you can now before Bitcoin reached $50K. Now, if you are into trading then I am advising that you learn more on this, come up with a winning and proven strategy and you are on your way to gaining profits in the cryptocurrency industry. Welcome to the club of roller-coaster riders.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
August 11, 2021, 05:57:09 AM
#16
@ongsy89, first invest your time in learning the basics and even a little more than that, and only then will you get the right answer to your questions. Most users of this forum will answer in the affirmative because you are asking a question on a crypto forum, but any opinion should be understood only as an opinion, not financial advice.

When you can define the following terms without hesitation, then you are ready for the next step - investing.

- What is the difference between a private key and a public coin address?

- How to securely store cryptocurrencies?

- What is the difference between a custodial and a non-custodial wallet?

- What is a fee and how to set it up properly when doing a transaction?

- What is phishing and how to prevent it?

- Can you accept that 95% of crypto traders trade at a loss?
member
Activity: 742
Merit: 12
Global peace initiative
August 11, 2021, 05:54:11 AM
#15
Bitcoin can be purchased and own in bits that is why it is called bitcoin, you can purchase the smallest amount of bits, but before then I will advise you to take your time to build your knowledge about cryptocurrency so that your knowledge will guide you in your bitcoin investment journey and avoid panic as a newbie.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
August 11, 2021, 05:35:20 AM
#14
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!

Basically we buy bitcoins and invest it on something but if you don't have any knowledge yet on technicalities about trading then maybe you shouldn't buy bitcoin at the moment maybe try to spend some time on some tutorial offered over the net and learn from those information where you can locate and after that I'm sure your ready to buy bitcoins since knowledge is more important since there are critical things that we need to learn just to earn on cryptocurrencies.

Also practice yourself to prolong your patience since you need that especially you are planning to join on tradings.
member
Activity: 1120
Merit: 68
August 11, 2021, 05:32:56 AM
#13
To answer your title, yes you should buy bitcoin, waiting will only lead you nowhere but regret and bitterness when the prices go up again. Yes you can buy a percentage of it, it's hard to buy 1 bitcoin nowadays so it's the best option. Try checking Coinbase if you can use it, they're pretty easy to use.
hero member
Activity: 2702
Merit: 672
I don't request loans~
August 11, 2021, 05:26:32 AM
#12
Hey Charles, thanks for this tip I would bear in mind what you have said and tread lightly with trading. So what you meant is I can buy like maybe $50 or $100 then I hold and see if the prices would increase and sell in the future yeah?
Yep, that's the simple basics of trading. If you want you can try hodling instead so that you can skip all the pain in the ass lessons of what trading is and what are candles, charts, patterns, etc. Just DCA into the Bitcoin market every month, taking a part of your monthly income and investing them and hodling them for at the very least, a few years. It could be any amount, though do be careful since fees may just ruin your intro into it and remember to save it in hardware wallets instead of custodial wallets.
full member
Activity: 902
Merit: 112
August 11, 2021, 05:25:52 AM
#11
you can buy,
since you have no experience with it, it seems reasonable to me to invest low in the beginning 100$ and while you are going to trade, it will not be good trade with less fund than this. market is swing in good movement, this uptrend consistency will stable few days.
legendary
Activity: 3178
Merit: 1054
August 11, 2021, 04:27:40 AM
#10

if you can just buy at least $20 do so. the future is very unsure now, having a small investment in BTC is still a good advantage over having none. our local currency could become zero if things get worse and the only one that will probably survive is your $20 Bitcoin which could be worth outstanding after the crash.  Grin

try the exchanges or try localbitcoins.com to buy BTC.
sr. member
Activity: 700
Merit: 251
August 11, 2021, 04:19:36 AM
#9
If you want to start trading, i think you should buy altcoin instead of bitcoin. I think bitcoin is more suitable for you if you want to use it as a long term investment, not quite a good choice for trading i suppose. Why is that? it's because bitcoin is high in value, like you say, so it might not be able to afford a huge amount of it. Of course, you can buy a percentage of bitcoin, you don't need to buy 1 bitcoin, you can buy like 0,001 bitcoin, or whatever amount is okay. But with altcoin, there are a lot of choices with cheaper price that you can buy a huge amount, so if the price went up you can earn more profits from it. But if you are a newbie, I suppose you should learn more, find more things that are suitable for you, don't buy it immediately, learn and learn, and don't put huge amount immediately, start slow but surely.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
August 11, 2021, 04:08:31 AM
#8
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!
You are a newbie and yet you are jumping immediately towards buying it??
I would say no at least for now.

Learn the basics at least before you invest into Bitcoin. There are many information online that will help you. After learning the basics then at do Dollar Cost Averaging. In terms on how to buy or the process of buying Bitcoin? There are tons of video tutorials online that will help you. No need to ask here. Just get some of the advices here and research, research and research and you are good to go Smiley.
hero member
Activity: 491
Merit: 1259
Nihil impunitum
August 11, 2021, 04:02:25 AM
#8
Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!

Buy at least the  fraction of it to practice  (which includes sending, storing on different type of addresses and in various wallets, etc.) with bitcoin and   and learn how the technology works. Watching figures that reflect price adds nothing to your knowledge. After you become comfortable with all relevant things  buy more to open the doors for your future.
Pages:
Jump to: