Bitcoin Forum

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!

Using Paypal for buying bitcoins is impossible, risky or/and very expensive.
Paypal has a payback feature that bitcoin have not : this very more secure for bitcoin, but nobody will sold you some bitcoin if you pay with a payback system like Paypal.
There is a lot of thiefs that are trying buying btc with Paypal (and not only btc).

Try coinbase i think you can buy bitcoin using your credit card, but if youre looking a site were you can buy bitcoin using paypal you will be having hard time searching for a legit one.

you usually can not use Paypal in a decent place because first of all it is against Paypal's ToS to use their services for trading any kind of digital currency (which means bitcoin) second is the issue with the charge back so nobody trusts Paypal with bitcoin since one has it and the other does not. so all the places are either shady or have very high prices to cover the risks.

and as for CC (Credit Card?) you will need to go through the tedious task of verifying your identity because that is how the fiat system demands it to be like. Coinbase is good, there is also CEX.io which is a decent place for using CC.

Coinbase is more expensive than others, but its very easy one.
you can try also gemini or bitstamp depends on ur country of origin.

Bank is so much easier to buy with than Paypal because Paypal can be chargebacked. There are some places that u can buy bitcoin with paypal but its expensive.

Coinbase isn't expensive. It's cheaper than ATMs and localbitcoins.com. Coinbase is also safer than PayPal. Use Coinbase, keep a little bit there for spending but move most of your coins elsewhere...to an offline wallet.

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For all topics Bitcoin, check out the BTC Sessions (https://www.youtube.com/channel/UChzLnWVsl3puKQwc5PoO6Zg) YouTube channel. It's phenomenal.

Welcome to the world of Bitcoin, bud. We're glad to have you here!

Coinbase, Gemini, GDAX, Bitfinex. Coinbase is the easiest though by far.

i can help you but use paxful better

Hi there!

If you're looking into buying Bitcoins for the first time and don't want to go through the hassle of using Paypal I would recommend using a Bitcoin ATM. Just search where you closest Bitcoin ATM is and it should appear. The process is really painless and you'll receive your coins within 20 minutes.

You'll get much more informative answers if you tell us what country you're in.

You might be in a place where Coinbase is the only decent option, or the worst of many. Different countries have radically different Bitcoin landscapes.

The best bitcoin place to buy bitcoins that I know is the one that I have in my banner.

https://image.prntscr.com/image/rs76EQl9RuqLbRb1bkIkSw.png

At the moment of upload your ID (today is imposible buy bitcoins without showing your ID) you can add a watermark with photoshop. The watermark should have at least the date and the name of the web, that's optional but safer. Good luck and welcome ;)

Coinbase is the best place to start

I would recommend Coin Base to buy coins if you are based in North America, otherwise you can try using www.btcc.com The chinese version of this is closing down, but the international version will continue to accept clients.

I would avoid using Paypal as it is easy to get frauded that way. Also avoid localbitcoins due to the high risk of fraud.

Best of luck!

You will pay fees of up to 0.25% if you buy through Coinbase. If you buy at a price above or below market on GDAX (coinbase's exchange) you do not pay fees.

Good eacrow right here.
You can choose different fiat and countries to buy or sell bitcoin.

https://remitano.com

If anyone sells you BTC via paypal they're the newbie.  You can reverse paypal transactions but you can't reverse bitcoin transactions.

Deposit fiat into either coinbase or gemini

Always check the address that you will send it. because if you did you can't recover it and a very small amount of percentage of getting it recovered if the guy is nice enough to give your money back to you so always check your address

If coinbase is not supported in your country, you can use a credit card to buy bitcoin on the Bitstamp exchange. It is a regulated exchange from Luxembourg.

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

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

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.

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.

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!

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.

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

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.

Always use Escrow

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

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?

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 ?

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

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

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)

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!

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

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 .

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

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.


Coinbase is available in Singapore or you can try localbitcoin.

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.