Bitcoin Forum

Hey guys!

I'm exploring options for investing in Bitcoin and I'm new to the whole space.
What would you recommend to do?

There are lots of services that can be used to buy and sell BTC. The preferred service just depends on where you're from. Though I'd personally suggest that you use LocalBitcoins[1] instead.

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[1] https://localbitcoins.com/

what

first of all i must say it is a great decision to invest in BTC and as far i know there are a lot of ways where you can invest and make a good profit among them buy and store coin is my fav one.

Invest your bitcoins in an ICO that looks promising and if you can get in early you might be offered a bonus which will put you ahead in case the project is listed on an exchange. It is safer than trading which I think as a newbie you are not experience enough to trade.

May be he is asking about the investment opportunity for earning profits.

And yes to the second post - What!  :P

For investment opportunity , there are more than enough ways on the forum itself. Get yourself engaged with the lending, trading, gambling. All are risky so research before you get into them. But high profits are there if you play safe.

Rest there are ICO investment, they are indirect investment opportunity for getting your bitcoin profits. Learn and learn more to explore !

 My favorite investment website in the last months is Octoin. They are basically an all-in-one solution for cryptocurrencies, with trading, investing, cloud-mining, a peer2peer exchange and a multi-currency wallet. They even built their own cryptocurrency.
 You can make your deposit in Bitcoin, Ethereum, Litecoin, Dash and Zcash. They offer around 25% profit per month if you choose one of their trading plans. My strategy is never to invest my whole money, only what I have to spare.

I think newbies don`t actually know what are the good and profitable ICO which they can used for investments in bitcoin, I should say first they should actually need more time to study and review just the basic info for him/her to understand is it really worth it to invest or not.

You are a newbie like me, you should not invest early. You should find out about BTC on the forum. Once you really understand Blockchain and BTC, invest in. When investing in BTC, you should invest in long-term. A reputable and secure BTC website for you: localbitcoin.com

As a newbie, i 'd advise you get to know the intricases rathe the basic knowledge about bitcoin investment and the crypto market before you invest.

I prefer to hold bitcoin in the wallet because it's much safer. And if you want to invest in bitcoin, you can buy it at this time, the current price is still low and it will be an advantage when you sell at a high price.

I wouldn't recommend investing straight away. Learn more about bitcoin first and when you feel like you have got a good grasp of the technology, Then head over to localbitcoins.com or coinbase if your country is supported for buying BTCs. You can find the list here (https://support.coinbase.com/customer/en/portal/articles/1392031-what-countries-are-buys-and-sells-available-in-)

Also if you are looking for venues to invest your bitcoin in. Don't invest in anything which offers a Percentage return over a certain period of time. They are most likely to end up scamming you. Also, Stay away from cloud mining websites. The only thing I can recommend you is to lend your BTCs with a valid collateral to trusted members here and make some ROI by charging some interest.

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@Cody Blare @ShutterTeeth you both have been marked for promoting a Ponzi.

You should browse the "Newbie" section of this forum, because this question has been asked numerous times before and most of the answers to these types of questions are posted there. https://bitcointalk.org/index.php?board=39.0

https://bitcointalk.org/index.php?topic=3239038.0

https://bitcointalk.org/index.php?topic=3370560.0

The safest option for most newbies are to buy bitcoins from one of the most well known and regulated exchanges and then to transfer those bitcoins to more advanced cold storage options. <paper wallets> Do your research on paper wallets first.  ;)

Since I'm from the Philippines and live here since birth, I buy Bitcoin from coins.ph and hodl it in my Bitcoin wallet there. Coins.ph is the most trusted digital and mobile wallet that Filipinos can use to make payments or buy bitcoin. It is founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson and it is Southeast Asia’s leading mobile blockchain-enabled platform that enables anyone, including those without bank accounts, to easily access financial services directly from their phone. Using Coins, customers have access to a mobile wallet and services such as remittances, air-time, bill payments, and online shopping at over 100,000 merchants who accept the digital currency. Operating in the Philippines and Thailand, Coins mission is to increase financial inclusion by delivering financial services directly to people through their mobile phones.

The most and profitable way to earn is to invest in Bitcoin. You can buy Bitcoin from localbitcoin or from your local people. Hold your bitcoin in blockchain and wait for pump soon crossing $10k.

"I suggest you to take a look at wiki-how's ""invest in BTC"" topic. Here it is in below:
https://www.wikihow.com/Invest-in-Bitcoin Best of luck and welcome to crypto-space."

If you are new to crypto world, make sure you never fall for lending platforms, ponzi and referral schemes like bitconnect, cloud mining etc. They are not sustainable and can disappear anytime with your funds. I'd recommend to invest in good ICOs or buy some cheap and promising coins which are already on exchanges. It would give you decent profit in future, if you have time and want to learn more I'd say learn trading strategies.

This is probably your best bet this year. The price today is at its lowest and you should probably invest now. It's good thing that you read first before you invest because that's what most of the people's mistake. Study the market history year by year and you'll see why it's a good time to invest now.

Basically you need to invest it in bitcoin ,and surely the price was at the dumped price and all you have to do now is wait until the price was getting to recover and if this things could happened ,you should now think to sell it or hol, all of this was depending only in situation.

You can use your bitcoin for various purpose, usually you can spend your btc to some ICO. but ETH is better for ICO.
or you can use your btc to buy some new coins. New coins will cost very cheap and you can accumulate many.

i usually not investing using bitcoin, but with eth because with eth you can invest in many projects.
anyway, you can invest using bitcoin to some ICO projects. But before you spend your btc to invest, you must do your own research about that project.

Bitcoin investment are being done in Crypto industrial facilities, like wise the Blockchain wallet address, which is used to receive and send across as a peer to peer transaction, and also classified as smart contract. To enable to save after a short period of time.

There are many ways for you to invest in bitcoin. However, before entering the market you should invest in prior knowledge, explore the project before investing and learn about how the market works. For bitcoin you can trade for short term gains or long hold to make big profits later. I am very confident in the market and its potential in the future.

Heh, I think this is quite unusual and uncommon but I am investing every time when I go to my regular job because on my way there is an ATM of Bitcoin. And when I have some change I just exchange it to Bitcoin, few dollars every day.

if you are new to the coin space, you should invest or buy bitcoin, and if you get a cheap price like this, it can bring you a big profit if you are patient waiting until the price rises higher like the price of the end of 2017 yesterday.

I advise you to choose a global fiat-crypto currency exchange. Connect your bank account to your exchange account and thats it. You dont need to pay too much commission to invest cryptocurrencies. Local crypto exchanges take a little bit high fees.

  Please check out the link posted for market investment in the market, there is a lot check where you make yous investment transaction, just be more careful on investment, It is really a very promising and beneficial to make such investment in Bitcoin, we can earn profit for either short term or long term investment into crypto market. Bitcoin is the most stable coin in the market, with good fundamentals, clear market structures and with high level of confidence by the investors in the market.

I recommend this time is good time yo buy the dip of ETH, XRP, ADA and XLM. If you want to be a trader, I have no advice. But if you want to invest in it for a period, buy some and hold at least 6 months from now you will get benefit from them, and of course it's better than the bank interest :D
Good luck mate!!!

I have heard of Etoro. I have seen commercial on some sport channel on TV and I  have done research about it. And it looks pretty good.
There are many cryptocurrencies you can invest in.

Also, I would recommend you ICO projects. It is hard to choose right one, but when you do, you made good profit ;)

Coinbase, Coinmama, Cex.io., Bitstamp ,Localbitcoins, Paxful are good options to buy bitcoin from. Do make your researches, observe and analyze your best possible choices before making decision. The key is calculative analysis. Always start in portions and then if possibilities are positive move on to better amounts for future.

It is up to you, you can search if your country has an exchange site for you to buy bitcoin with your own fiat money or banks account for payment. I suggest you to study first if crypto currency is allowed or it is legal to use in your country. Because some of the countries are already banned crypto. Even you found a bunch of exchange sites and already learned how to buy on it,  it is useless when at the end, crypto is banned in your country.

many ways you can do, among others, can trade, can even invest in a long or short period of time, you can take part in a good ICO or be listed on your residence, which determines it.

read, try, read, try, read and try
that's what you have to do to get a sharp experience and instinct
for beginners, invest wisely, never take big risks first, make yourself relax and stay in control of your mind

Yes, as newbie one should start with bitcoin first and gain experience. Watch markets how it will moves because a crypto market is crazy not like other markets, it can move in both directions very wildly. So you should know that you are risking your money to earn quick profits. Once you know how this market works then you can start diversifying your funds into different coins and invest in different programs like casino bankroll investments. But never invest in any ponzy schemes because there mostly you will lose money in the long run.

Where? You mean where i purchase BTC? If so, i'm purchsing in Exmo exchange, cause they work with fiat and no need to verify yourself....

You can invest with ICO's but you also need to confirm if that ICO is promising and legit before investing. Make sure not to join some scammers here. You can also just buy bitcoin and just wait for it to increase you can see the improvement of your bitcoin even in your own wallet if the value of bitcoin is trending up.

Try to visit this site https://coinmarketcap.com/ in which all details that you will need for trading is already provided. From Bitcoin volumes, best exchanges sites, prices and chart performance are already in there. You might be interested in Altcoins too in which like Bitcoin all the details are already given that is why it is a Crypto user friendly site.

I usually invest in popular bitcoin platforms like Huobi, Poloniex, Bittrex, HitBTC. These floors have daily transactions on the tens of millions of dollars; the level has a large number of people registered sales. The stories are highly secure and have excellent technical staff; the floor always has policies to support essential events in the virtual money market, the level supports large pairs of large altcoin. The deck supports the prestigious ICOs, floor trading assistants, quicker refinancing and withdrawals, and floor assisted trades for traders to trade.

It is not clear, what infomrmation would you like to get .
If you are asking where to buy bitcoins , I am using Bitstamp and it is very effective, fast and i like the platform.

But i suppose that it is best platform for EU citizens , ahrd to tell for the rest of the world.

Well, your attempt to invest in bitcoin is great. That is a bold decision. Now, you have to estimate or determine the nature, value, quality, ability, extent of your investment. Also, try to find out if your country prohibits or accepts the use of bitcoin. It you pass all that, determine the amount you wanna invest into bitcoin and find any centralized exchange and get some Satoshi or bitcoins into your wallet.

Welcome on board, as per your situation, the best investment for you is your time. Invest your maximum amount of time in reading valuable topics and learn more about this industry, explore new things before investing your money. I am sure, you will have the adventurous feeling after 10 years from now irrespective of the situation of the crypto industry at that time.

Bitcoin is nothing but just another form of money and you can use it in the same way as you use the regular money. However, as I said, never rush to earn money, look for gaining the maximum amount of knowledge and skills. You can start with beginners and help section where you will find answers to most of your queries as a newbie.

If you are newbie, I suggest you don't rush into the exchange. You can try to get into some bounty activities or join some telegraph groups so that you can get to know the industry first.

I alwasy differentiate a place for investing or for trading cryptocurrency. Just for investing I always use local exchange for several reason. And for trading I always use an exchange like bittrex and binance, usually, the volume of market always higher exchange than local exchange, and this is suitable for trading place.

I think ICO is very good for investment. with the project and other investors who support the project, ICO has great potential to get profit.

well, for now the ICO is a very good thing to be made a place to invest, but we also have to be careful in this case, because we know so many things that use the ICO to deceive investors. well, for now, I just hold back the bitcoin that I have until the price goes up.

Investing in BTC is of many ways as like you can trade Bitcoins by investing into Bitcoins and selling or buying Bitcoins or you can do long term investment also when you have to keep your Bitcoins for a long time and wait for the high rate of increase of price of Bitcoins are you can investing in ICU but I don't pray for that because all the time I see you are not successful and some ask am also so there is a high chance of losing your money or you can just mine Bitcoins by investing to buy some minors and you can get a huge amount of profit if and only if the cost of electricity is too much low in your area

The Bitcoin Virtual Bitcoin market has a lot of similarities with the stock market, Bitcoin prices fluctuate, but upside down frequently, but Bitcoin prices, in the long run, are still up. Of course, any market that is high profits is always accompanied by high risk, you should determine this from the beginning, but I think the investment from now is reasonable than you.

I recommend you to learn before doing anything, as noobs here are reluctant to learn usually but very generous in providing panic opinions and spreading fud all over the place

I alwasy differentiate a place for investing or for trading cryptocurrency. Just for investing I always use local exchange for several reason. And for trading I always use an exchange like bittrex and binance, usually, the volume of market always higher exchange than local exchange, and this is suitable for trading place.

Coinbase, Coinmama, CEX etc. are the sites where you can buy bitcoin. Since, you are new, I would ask you to observe the market, price of bitcoin, trends of the market first. Once you have gotten a hold of the market, do your own research and make the decision if it is okay to invest now or later. Start with small amount of bitcoin. If you feel like investing more, you can do it later.

There are many ways to invest in Bitcoin, but the most common is to buy and sell or simply sell your Bitcoin to buy Bitcoin. But the fluctuation of Bitcoin prices far exceeds gold. But Bitcoin prices fluctuate continuously, you should wait for the appropriate time to buy at cheap prices when the price up a little sell when the price down to buy back and then sell so that investment.

This might be your nice bet this yr. The rate nowadays is at its lowest and you need to probably invest now. it is good factor that you read first earlier than you make investments because that is what the general public's mistake. look at the marketplace records 12 months by using yr and you'll see why it's a good time to make investments now.

Buy bitcoin in exchanges while the price of bitcoin ia going down again, put your bitcoin in a safe wallet amd not on exchanges, put it in a wallet where you have control of your private keys and wait for another bull run.

Do search on ICO forums or people with experience, how much money do you have to invest in Bitcoin?

There are various sites available in the internet where you can buy bitcoin or a portion of it. Since you are new the community, I would suggest you check for yourself, understand the trends and how the market works. In the meantime, if you are interested you can buy a portion of BTC to check how the price fluctuates and once you are confident enough you can make larger investments.

Since you are new to the community, I would suggest you to browse through it, there are many suggestions and strategies shared by professional which newcomers like you can implement and make profit out of it. However, I would like to suggest you one thing, don't trust everything regarding BTC you see on the internet, try to analyse for yourself and do a research before investing.

First of all you need to be sure that you have enough money to bear if any kind of price falls happen. If will find many good exchanges like coinbase where you can do the trading.

There are two ways to invest in bitcoin:
Safe investment: Invest in safe, the best at the moment is to buy and store Bitcoin. You can buy Bitcoin at the Bitcoin Trading Platform and store it in online wallets. For example, then wait a few months or even years back, the value of Bitcoin will certainly increase several times the time you buy. This is suitable for investors with large capital. For investors with small capital, this is not a very effective way to invest.
Venture capital: This type of investment is profitable even high, but requires you to be able to analyze.

Buying bitcoin is a very good choice because it not only has a huge user base, but its scope of use is also very wide. If you plan to invest, then I think it is feasible!

Invest is a very broad statement. If you are holding bitcoin and you want to put them to work to make more there are a growing number of options. I prefer “bitbond” which is a company that to a degree rates the borrowers for credit worthiness.

I would suggest you to invest in evolving blockchain solutions. I personally have invested here and it was useful. I have found their proof of signature algorithm secure enough for block chain from scratch.

If you have made up your mind for investment you can give a try to USI-Tech which is a lending company and the best I find here is they usually give interest to their users on a daily basis.

Bounty activity? he wants to invest to bitcoin and you suggest him those token rewards without any guarantee if it will be worth someday.

I usually invest in projects that I feel have the potential to grow and be able to put on big trading markets. They are projects that often have very large marketing campaigns, and they are also thriving in the market. I usually invest a lot in that.

First of all, you should not rush to invest, you can read more articles about Bitcoin in the forum.
https://bitcointalk.org/index.php?board=1.0
https://bitcointalk.org/index.php?board=8.0
If you think there is no knowledge you want to learn here, then you can log in to Youtube to search!

I have only one wallet and that's Coinbase only tough I dont trade there I just keep my coin there. Just for you, their vault system is really outstanding so no need to fear at all.

well there are a lot of places where you can invest your money in the digital currency. I would suggest getting a list of all the different coins out there then chose 2-3 and read up on them, check their performance history. Talk to some professionals and then make an informative decision. Thats the only way to do it. it is also clever to diversify your investment so that you balance the risk of losing your money. for example instead of buying one cryptocurrency you buy two or three.

I recommend you that, buy altcoins and hold for long time then you can get a big profit or you can start crypto trading. Because it is very profitable way to earn more profits.

Well to invest in bitcoin is to simple buy bitcoin.
Nothing else, because any other form there are predators that want part of your money for it.
So don't be naive, just buy bitcoin, best investment in the world as we know it.

For buying Bitcoins i'd recommend Localbitcoins.com, otherwise coinbase or exchange. If you want to store your bitcoins, i'd recommend a wallet like blockchain.info

Where do you invest in BTC ?
For now the right place to invest btc is invest on legit ico.
Or buy some kind of cheap Altcoins, hold for 6 or 12 months (up to you). When the price increase significantly, then withdraw these alts to bitcoin. 👍💡

How much money do you have? Have you learned about Bitcoin? Do you have any advice for yourself? I always ask questions to make my investment more favorable.

Bitcoin is still the investment of choice, but investing in bitcoin requires a large amount of principal to get a substantial income. As a beginner, then I think you are more suitable to invest in some altcoins because most of them are cheap and can be Exercise your trading level!

Understand the sources of reliable information, the number of funds spent and avoid fraudulent projects. I think you should listen to the opinions of people who have experienced in this forum, I only have a few tips for you.

You might be tempted to hoard Bitcoin until the amount is mountainous. But, this method is quite risky. In addition to the uncertainty of value and regulation of Bitcoin in the future, Bitcoin deposits can also invite hacking. For beginners, in my opinion it is better to take advantage of trading in a short span of time, for example weekly, instead of hoarding it in the long run.
The value of Bitcoin continues to move every minute. So, you need to monitor the movement. There are some that can be used for this, for example Bitcoin Checker or Bitcoin Ticker Widget. Both can give a warning if the movement reaches the value you want. Next, you just have to decide whether to buy or sell.

That's a great decision you've taken. At first I'd suggest you to invest only the amount you can afford to lose, because the world of cryptocurrency has always been a bit risky, so better be prepared in everything, I personally prefer long term investments, they've always been fruitful for me. And also as an investor , you have to keep your expectations limited and also have patience , otherwise at first it's going to be hard for you. And for investing I'd suggest you to do it through Coinbase.

If you are a beginner then you should use services like Changelly. If you are a more experienced user then use any centralized exchange available in your country.

Bitcoin prices have been falling recently but its value is still high. Understand the cryptocurrency market before investing in BTC. Maybe, I will consult with your friends about the reputable exchange floor.

I don't know what you want to earn bitcoin from, but I can give you some advice. If you are willing to take the investment risk, then buying and selling bitcoin directly and investing in ICO is the fastest way to make money, if you want to be safer. The way, then you should choose the bounty mission!

anything else learn more about this filed.This is a heaven if you join after learning well ,but it will be a hell if you join before learning anything.You will lose everything n seconds.Be safe.

I have been involved in ICOs. Been involved in trade and usually I lost money. I realize the investment is ''HOLD''. At the moment I'm involved in introducing the crypto products to be able to earn BTC but it is not much.

Well, that's important and responsible choice. Investing and holding is a good strategy for new traders because:
— in opposite to day trading it simple and doesn't require a lot of time;
— you won't need lots of money to get started.
However, before investing, you will need to obtain a cryptocurrency wallet (better a hardware one) and to get coins. If you own a debit/credit card, you can apply for purchasing them from the cryptocurrency exchange. Since you’re beginner, it’s better to choose user-friendly platform, for example cex (https://cex.io/).

Wow! just go through this thread amd I find so many useful advice to we beginners but the truth is the way those things are explained here I don't see them to be easy like that such as creating of Bitcoin wallet or Ethereum  wallet used to save crypto money can someone please through more light on this??? thanks are will appreciate if you will teach me how to generate those wallet and secure them.

You should only invest with the money you can lose and learn how to take responsibility for your decisions since investing is always risky. You should trade BTC at the Coinbase trading platform to ensure your reputation.

Gambling it isn't an investment but if you are going to put it to the bankroll of casino and invest it there, this is different from gambling. That's the investment that probably you are about to say to invest in gambling.

I haven't seen any place to invest your bitcoin into stocks or bonds. The best choice would be keep it on your wallet and hold it.

If you want to invest Bitcoin I think this is good time to buy Bitcoin because now Bitcoin price is not high if you now invest Bitcoin when Bitcoin high then sell your btc

If you are just starting out in the Bitcoin market, you can choose one of the ways to play:
First: You can buy Bitcoin to store and wait for the price and then sell the profit
Second: You can buy Bitcoin to trade
Third: You can conduct Bitcoin digging
As a beginner, you should understand the information you need to avoid the risks associated with investing in Bitcoin.

On many cryptobirds there is an opportunity to buy bitcoin using a plastic card. I will not advertise not one of them. Open the site https://coinmarketcap.com and there you can find a large list.

The main purpose of my purchase of Bitcoin is to make a profit by direct trading. I rarely use Bitcoin to invest because I think this is a big risk!

I am also a newcomer. I think first of all, we should learn about bitcoin, how it works first. do not hurry to invest if you don't understand bitcoin.