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Topic: Where can I buy digital currency better when I only have $10,000 (Read 530 times)

hero member
Activity: 1274
Merit: 519
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There are a lot of trusted and legitimate sites and platforms where you can buy bitcoin and any other cryptocurrency. Good thing you asked for an opinion first before doing anything crazy. $10,000 is still a huge amount of money, it is best for you to buy in trusted trading platforms such as Binance, houibi, okex, or any other trusted and tested site.
hero member
Activity: 2926
Merit: 640
Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact

Well, SunCoin doesn't look and sound like a legit marketplace to invest your $10,000 in digital currency.
There are many highly reputable platforms to invest your $10,000 in digital currency such as Binance, Poloniex, BitMex, Kraken, and Bittrex.  
That will just be an unnecessary risk he will be taking there using that platform that is not very much popular for such amount of money, the best platform he would have just gone for first is Binance platform, though Binance platform is not very much safe completely too, but just to give them the benefit of doubt after they have been hacked and the promised they have made not to ever allow that to happen again.

If the op is not even going to be into trading, if he is only buying coins for storing it as future investment, maybe in bitcoin, it is best that he buys the coin through Binance exchange and then store it in a private wallet, where he knows that he can have his own private key for proper control and a wallet that will be difficult for hackers to reach.
sr. member
Activity: 798
Merit: 253
Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact

I will advise you to ensure that, you spend the capital wisely. The website you just showed has no reputation as I search the internet. Its better to invest on what you have trust in and not any how garbage. Never invest into what you can't see as a progressive project, there are many active project to invest or choose Bitcoin to invest in.
I will give him the same suggestion. There is no benefit at investing in such projects. It is good to have options and watching the digital market expanding, but it is hard to trust and rely on new ones. If someone want s to make good amounts in a working way, he should just go for bitcoin. It has never been a disappointment. Even after being lashed by world’s most powerful countries from time to time, it is progressing.
full member
Activity: 1470
Merit: 148
Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact

I will advise you to ensure that, you spend the capital wisely. The website you just showed has no reputation as I search the internet. Its better to invest on what you have trust in and not any how garbage. Never invest into what you can't see as a progressive project, there are many active project to invest or choose Bitcoin to invest in.
hero member
Activity: 1400
Merit: 505
Arbitrary trading is a good way to make money with the amount you have right now and since i am not aware from which country you are from there is a scope for huge returns if you are in Argentina as the price of bitcoin is trading at a much higher rate than the rest of the world.

Bitcoin becoming a safehaven currency in Argentina
sr. member
Activity: 1498
Merit: 374
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Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact
This is my first time to hear the Suncoin platform and it is totally fishy to me. If you going to buy any digital currency or cryptocurrencies it's better to use a trading platform or exchange site. There are many untrusted exchanges and some of them are not legit that's why you should choose a good and reputable exchange or trading platform just like Binance exchange and Bittrex. If I were you do not use the platform that your friend recommended.
sr. member
Activity: 2044
Merit: 314
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Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact

Well, SunCoin doesn't look and sound like a legit marketplace to invest your $10,000 in digital currency.
There are many highly reputable platforms to invest your $10,000 in digital currency such as Binance, Poloniex, BitMex, Kraken, and Bittrex.  
That’s a big money for me and I will never listen easily to any suggestion especially the exchange that I didn’t know. If the OP wants a safe place then he must consider this suggestion. If you are living in a place where crypto is ok then look for some good exchange there and do your research. Big money should be invested carefully, don’t rush in the market.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
https://thesuncoin.io/Home/Announcement is this the website you're talking about? I think it's broken or undergoing maintanence at the moment. If you're looking to buy crypto, you should look into a P2P marketplace like Vertex.
I think local marketplace will be more good for him , since he has that such huge amount of money. I can advice he buys on their own local marketplace to avoid anything that can lose his money, he can also try to buy cryptocurrency in binance , buying crypto with $10000 in a high reputable exchange is the answer or buy it in local , P2P I guess.
member
Activity: 168
Merit: 10
Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact

Well, SunCoin doesn't look and sound like a legit marketplace to invest your $10,000 in digital currency.
There are many highly reputable platforms to invest your $10,000 in digital currency such as Binance, Poloniex, BitMex, Kraken, and Bittrex.  
jr. member
Activity: 602
Merit: 8
https://thesuncoin.io/Home/Announcement is this the website you're talking about? I think it's broken or undergoing maintanence at the moment. If you're looking to buy crypto, you should look into a P2P marketplace like Vertex.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
Probably OP is seeking for some attentions, Suncoin is not known in the forum. If he/she is really interested about forum answers he/she could have replied few days ago. Questions like this without update from the poster shouldn’t be entertained.

Yes it seems. Apparently in this way, the starter star decided to draw attention to this project, though I don’t see much sense in it if it so quickly became clear that this coin is dead.
In addition, the heading is rather strange, the amount is indicated in a rather large amount of $ 10,000 and a certain electronic currency, the name of which is disclosed only in a post with a link to the site.
It looks like a typical ad, but it’s not clear why if the coin is already dead
legendary
Activity: 2884
Merit: 1117
Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact
$10k is not a very small amount of money to throw away just like that, I think this amount is more than enough to have investment in bitcoin, and still diversify into top altcoins rather than thinking of buying this unpopular coin that I even feel is dead already.

If you have such amount of money, you have to just make bitcoin your major focus first and then make sure that you have at least 50 percent of your investment in it, while you share the remaining percentage on coins that you will find in the market to have bottomed right now, but yet still have so much popularity, because the more the popularity of a coin is, the more we can say the community will keep growing up, making the value of this coin to keep rising, and that can only be seen with top coins.
sr. member
Activity: 1876
Merit: 318
I guess your friend is new to the world of cryptocurrency so he don't know which trusted exchanges to make deposits.
For the suncoin platform I don't recommend it, I just heard the name myself. My advice for trading be careful in choosing
exchanges, choose popular and trusted exchanges such as binance, okex, huobi, etc. At stake here is your money, so if the
exchanges are in trouble then your money will disappear.
full member
Activity: 994
Merit: 101
Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact

I think you already known that which coin you are talking about it's a Dead Coin. So no matter who told you to buy those coin probable he's/she's trying to scam you. Because of you are a newbie in this crypto world i strongly recommend to you please get some idea or learn about crypto currency before you invest.

And if you have any question about to know or searching for some crypto help then ask in this forum in right place. Experts people will help you and guide you properly. Why i'm telling this because in my opinion this is the best platform to learn about crypto.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
Probably OP is seeking for some attentions, Suncoin is not known in the forum. If he/she is really interested about forum answers he/she could have replied few days ago. Questions like this without update from the poster shouldn’t be entertained.
sr. member
Activity: 2338
Merit: 365
Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact
The OP seems to make the members here curious about Suncoin
my suggestion, it's better not to get involved in this platform
you better buy cryptocurrencies on large sites like Binance, Bitrex, Kucoin, and Okex.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
It is not the technical merit alone that makes the currency.  It's also the network, the wallets, the merchants and to some extent the exchanges.  BTC has the best of these three things.  It will tend to always have the best of these things.  Inspite of its crazy high value there are very clever people who say it will go up.  Of course what you do should depend on your situation.  This is not financial advice for you.

If you decide to get into BTC instead, the following is for you.  Get a Ledger directly from the Ledger company.  Get into an established exchange but don't leave money on an exchange for longer than a week.  **Minimize** the duration of your money on the exchange.  If it's national currency, put it in your bank account.  If it's crypto, put it on your hardware wallet (ledger).  Keep the ledger in a safe location.  Don't tell anyone you have it.


After looking at the progress that bitcoin has made I the last few years and how it has survive to present even after huge protest and rejection from the community, I can now trust this coin blindly. It is the best thing that can happen to a person and if a person desires to become rich by not doing much, he can simply invest in bitcoin and hold it for a long duration. He will become a millionaire.
full member
Activity: 952
Merit: 104
Is it true that a friend recommended me to buy digital currency for transaction on SunCoin platform and only need to pay a deposit to operate? Because this is my first contact

Is this the website on that Suncoin platform? https://thesuncoin.io/ It seems broken website and when I researched I saw that there is maintenance. Digging research is a good step in choosing an exchange platform, you can check them here in this forum their ANN thread. Here.. And no data shown in CoinsMarketcap, it is inactive.
https://coinmarketcap.com/currencies/suncoin/

I strongly recommend you to choose legit and reputable exchange like Binance or might check here the list of all exchanges site. Focus on investing Bitcoin because it has a promising return on your investment, but first, understand very well how risk in investing in crypto.
Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!]




Yeah that is true I'll also check the site suncoins, best excha ge to buy bitcoin is in binance or bittrex, poloniex, coinbase or depends on the location where you are reside. Just learn and study well before gettung to decide what is the best exchange for you buy bitcoin to avoid troubles.
legendary
Activity: 3052
Merit: 1188
I think the local ones are always the best ones and people keep forgetting them and try to find more global and big ones. If you are not from a huge country like UK or USA then your best bet is to buy from a local website, usually a website has more credibility than a person and its easier than a global one so you are getting best of both worlds.

Of course, if it is you want to make sure that the website you are using is a legit one you can search for it online on forums and all over and see how it is and if you see what you like then you can totally use that one. It is still better than using a global one because that is harder for deposits and withdraws on cash and its still a lot safer than sending someone money and expecting them to send you bitcoins.
sdp
sr. member
Activity: 469
Merit: 281
It is not the technical merit alone that makes the currency.  It's also the network, the wallets, the merchants and to some extent the exchanges.  BTC has the best of these three things.  It will tend to always have the best of these things.  Inspite of its crazy high value there are very clever people who say it will go up.  Of course what you do should depend on your situation.  This is not financial advice for you.

If you decide to get into BTC instead, the following is for you.  Get a Ledger directly from the Ledger company.  Get into an established exchange but don't leave money on an exchange for longer than a week.  **Minimize** the duration of your money on the exchange.  If it's national currency, put it in your bank account.  If it's crypto, put it on your hardware wallet (ledger).  Keep the ledger in a safe location.  Don't tell anyone you have it.

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