Tips for first-time buyers?! | Bitcointalksearch.org

TheAndy500

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Quote from: youngkidvesting_712 on September 15, 2017, 01:09:31 AM

NEWBIE HERE!!

Looking for some help with making first-time btc buys using PayPal/cc. I'm not sure where to buy from and the whole process seems pretty complex and overbearing, is Coinbase a good place to start? if not, can somebody please point me in the right direction? Any advice is greatly appreciated. Seriously, thank you.
P.S. Apologies for the high level of a novice in these questions.

Thanks again to anybody willing to help!

Remember that you have to know the source from which you are buying, otherwise there is a chance that you will be cheated. That's why I recommend coinbase.

bit-freedom

sr. member

Activity: 658

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Using PayPal to buy BTC will have high fees since the payment method is reversible. You are better off using coinbase with your credit card.

Quote from: seng2x on October 10, 2017, 11:07:08 AM

What about for starters in SEA? I am staying in Singapore. Any recommended xe for us?

Coinbase is available in Singapore or you can try localbitcoin.

seng2x

newbie

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What about for starters in SEA? I am staying in Singapore. Any recommended xe for us?

glowing10

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Quote from: W!ll!am on October 08, 2017, 03:43:57 PM

Always use Escrow

try to make deal with green trusted member even price low (may be they give you +1 )

If you are dealing with on forum then yes always buy and sell using the escrow facility only . If you are dealing on any exchanges then check that it is trusted site and not a scam . Also invest only an extra income if you have or whatever maximum you can loss in beginning .

WorldEG

newbie

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I'm a newbie too, and I found this the hard way: if the price goes down, just wait, don't panic sell.

BTCGOLD

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Betking.io - Best Bitcoin Casino

Quote from: tuli22 on September 20, 2017, 04:31:41 AM

You can go to helptap and chat with expert traders and request them to help you.

It's an exclusive invite-only community. Here's my invite link if you're interested in checking it out https://helptap.com/?invite=tnTxnl

In your place at the beginning I would not invest too much money right away. For inexperienced users it is unprofitable. I know this from my own experience. Try to implement it a bit, play it. As time goes on you will be able to try to draw more and more profits. Remember to never give up too early!

Dralarn

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Where are you currently located? Location is very imporant as it's easier for e.g. Europeans to buy crypto (via SEPA bank transfers) or Americans (via Paypal monstly). That will depends very much on the exchange on which you want to buy as well, different exchanges offer different payment options and generally, the more options there are the better. So check for that.. and make sure to check out the fees and spread as well (different between market price and the exchange price you're buying from)

Haruki

newbie

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Could you recomment please, what is better? To buy altcoins with fiat or to buy btc/eth at first and then buy coins??

cryptocurious18

full member

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if bitcoin price down then buy bitcoin from popular platform like coinbase. you can trade also.

InvestICO2L

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i'm a newbie on this forum and i'm learning to able to trade altcoin, Could i use my credit card to buy bitcoin? where do i buy ?

Vishnya01

newbie

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I'm also a new here, so wanted to add one question. How not to miss the best moment for selling/buying? What are the key factors here?

W!ll!am

newbie

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Always use Escrow

try to make deal with green trusted member even price low (may be they give you +1 )

GreatBug

sr. member

Activity: 629

Merit: 252

Quote from: youngkidvesting_712 on September 15, 2017, 01:09:31 AM

NEWBIE HERE!!

Looking for some help with making first-time btc buys using PayPal/cc. I'm not sure where to buy from and the whole process seems pretty complex and overbearing, is Coinbase a good place to start? if not, can somebody please point me in the right direction? Any advice is greatly appreciated. Seriously, thank you.
P.S. Apologies for the high level of a novice in these questions.

Thanks again to anybody willing to help!

Paypal is to expensive, if you want to but find the best moment, time to get some and find how price will pump, you can chech this by following market for some time and history of coin you would invest.

feinter

sr. member

Activity: 469

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Quote from: youngkidvesting_712 on September 15, 2017, 01:09:31 AM

NEWBIE HERE!!

Looking for some help with making first-time btc buys using PayPal/cc. I'm not sure where to buy from and the whole process seems pretty complex and overbearing, is Coinbase a good place to start? if not, can somebody please point me in the right direction? Any advice is greatly appreciated. Seriously, thank you.
P.S. Apologies for the high level of a novice in these questions.

Thanks again to anybody willing to help!

Use site with only good opinion, most " good " offer is scam so find checked website on pinned post. Good luck

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: youngkidvesting_712 on September 15, 2017, 01:09:31 AM

NEWBIE HERE!!

Looking for some help with making first-time btc buys using PayPal/cc. I'm not sure where to buy from and the whole process seems pretty complex and overbearing, is Coinbase a good place to start? if not, can somebody please point me in the right direction? Any advice is greatly appreciated. Seriously, thank you.
P.S. Apologies for the high level of a novice in these questions.

Thanks again to anybody willing to help!

Coinbase is how I started and worked fine for me. The drawback is that you have to link your bank account to them and also provide some info to prove your identity. If you are willing to do this, it should work for you if you are a US customer.

Once you have the account set up, you place a buy order that will take a few days and they will draw the funds from your bank. Once you receive them, you'll need to decide whether to leave them on Coinbase or move them. If you goal is to just hold Bitcoins, Litecoins, or Etherium, then you could just leave them or move to a more secure offline wallet.

If your goal is to trade (like day trading) you will need to move them to an exchange that allows quick trades. Various exchanges can be used such as Poloniex, Bitfinex, Bittrex, etc. These exchanges also allow you to buy other cryptocurrencies if that's what you are looking for.

mmfiore

hero member

Activity: 808

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Buy the first day if the project is serious. You can see the first 3-4 hours of the ICO (if it goes until those hours ^ ^) A good ICO is realized in qqs hours, so the first day, checks from the launch, and if it takes, not to invest with the entry bonuses.

Remains to choose a relevant project on the blockchain.

Good to you!

merj99

newbie

Activity: 49

Merit: 0

OMG - stay away from PayPal. Seriously.
They do not protect you from charge backs. I literally lost my BTC and my money because of them. I will never make that mistake again.
I've used LocalBitcoins in the past to buy into or cash out of crypto. Good luck.

xSkylarx

hero member

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The only tip that i can give to you as a newbie or first time buyer is to buy right now and keep your bought bitcoins for a long time because that is the best way to get a chance to make money with bitcoin and you also need to master controlling your emotion so you will have a better chance for holding it long term.

tuli22

member

Activity: 168

Merit: 10

Happy to help! :)

You can go to helptap and chat with expert traders and request them to help you.

It's an exclusive invite-only community. Here's my invite link if you're interested in checking it out https://helptap.com/?invite=tnTxnl

Harutooo

newbie

Activity: 35

Merit: 0

try to find green trust member also find others from paxful or bitfy

Topic: Tips for first-time buyers?! (Read 1130 times)