Bitcoin Forum

A new atm for Bitcoin in India is launched recently gives me a boost that this would be the future for young generation.
I want to start investing and trading-But don't know where to begin from.
Thanks in advance

If you do not know where to start, I advise you to turn to books and various analytical sites, so that you have an understanding of what the cryptocurrency market is. Start by buying a few coins, such as KickCoin, Crypterium, sell them at a good price.

You can check out some of ICO's real evaluation sites before making some investments.

start you by searching for as much information as possible, or you start making
purchases in every available market, you can see coinmarketcap, all altcoins
have everything you want to look for.

as works with the chance of expends to manage as moderating use with release from the market, developer to have with one or severe as might to follow with decision as disputing risks on submission with the exchange and collecting returns to pass of initial number of limit on projection.

And why in India, if there is a push in another country, you will also trade in it. But for any newcomer, you must first understand that this is not an easy path and profit itself will not appear so simply. Books will not help, we need real practical classes with more experienced participants, and of course the accumulation of experience.

for me if India alone can be created specifically for bitcoin savings why not for other countries. instead, this is a review for us beginners to develop this field more mature so that they can make provision for the future.

Start by learning about trading and exchanges. Personally, I suggest you start trading on binance because it is one of the most reliable exchanges now.

Alright just because there's a new ATM in India and you woke up that you need to start trading. It's ok but you should know first-hand how this market run and the risk behind it. So as a beginner I suggest you should just do long term holding and don't engage in day trading nor scalping since it will require a lot of knowledge and experience.

Though you can wait for a minor dip before you buy and store it in a hardware wallet, while on choosing an online wallet, choose those that let you hold a seed nor private key.

Maybe cryptos look simply to you but it didn't. You will have a long way to go.

As you are new to the cryptocurrency world the most important thing for you is to research in-depth. There's a lot to know from an analytical point to general information regarding the best investments, what's new that has potential and not expensive that you wouldn't be able to invest.  With a little time spent on gathering information you'll be able to decide the best investment suited for you.

Nope you are wrong, as far as i remember they charged a lot compared to any other exchange and even their exchanges are more expensive compared to any exchange that existed in the world. i remembered when Bitcoin was around $9.000 back then, the price on any exchange in india was 30% higher compared to others.
if you are an indian, it would be better for you to buy it off the market or outside your local exchange, because it is cheaper.
but no doubt, india will become on of the countries that support bitcoin in the future.

This is Unocoin.
Unocoin launches ATM to bypass RBI diktat on cryptocurrencies (https://www.moneycontrol.com/news/business/cryptocurrency/unocoin-launches-atm-to-bypass-rbi-diktat-on-cryptocurrencies-3069721.html)

Check these sites for your convenience.
https://www.buybitcoinworldwide.com/india/ (https://www.buybitcoinworldwide.com/india/)

Before investing, you are aware of the risk that you're about to take with crypto's. This isn't just  something that will grow overnight and it requires patience for you to move on.

At least you must first research before starting trading. If you have read the news in India about selling and buying cryptocurrency, you should examine a number of market and cryptocurrency situations that you think will be the best choice. Of course for profit. Don't ambition too high.

if you really want to start investing in cryptocurrency, the first thing you have to do is buy bitcoin. there are several ways to buy bitcoin, the first is through official exchangers, such as bittrex, binance, bitfinex, poloniex, and so on. all you do is make a deposit, then exchange BTC,
and the second way is through individual exchangers, usually someone buys bitcoin through friends, and this will certainly be very easy
after you have bitcoin, then you will definitely be interested in studying cryptocurrency and blockchain in depth. and your instinct will know by itself, where you will start investing

I would't recommend ICOs, have been in some ICOs they are now trading at far below sale price.

I was surprised by this news, why didn't the Japanese adopt it first, or maybe China? but it's okay, this can certainly make bitcoin even more popular in the Asian region.

You should start by understanding the market, you must know what crypto is, and what is the relationship between it and the blockchain. If you start to enter now, then the advice I can give you is to stay away from ICO. Because the current market situation is not to invest in ICO.

As it is still early market in your country, I suggest you gather information as much as possible about crypto. Read and analyze articles, graphs, charts on crypto market before the market goes on full force. You can be ahead of other investors.

Cryptocurrency is the coin of the future and has all the facilities a modern person needs in his buddy life. Also, it is easy money and its decentralised and feeless transaction is intriguing. So what more do you need?

Of course you will not start from the ATM, because that is your final financial goal, I suggest starting with an investment that is not too large, like buying some pretty good altcioin and holding it up to a high enough price

Well then, this is a great news for the cryptocurrency community. As per your concern, you can start doing research that will help.you understand how cryptocurrency works, on how to invest, to analyze market, when to sell, when to buy and such at the same time how to trade wisely.

in my opinion this is progress, because there are still not a few countries that make and use Bitcoin atm, India has started, which is clear with the existence of bitcoin atm in India, it will drive a significant goal in the field of information and technology in India.

In this market, it is always a good idea to look into the anlitycal sites when you do not know what to do or where to begin with. The market is highly volatile one. Listening to others idea about starting sometjhing may lead you to some serious damage. Do the research yourself and you will surely face no loss.

By searching for as much information as possible or making purchases in every available market. You can see coinmarketcap. Start by learning about trading and exchanges. I suggest you start trading on binance because it's one of the most reliable exchanges now.

The first and foremost that needs to be checked out is the compatibility of the atm with various cryptos. Then it is needed to actually buy cryptos of your desire to use the atm for the supported cryptos.

Didn't India ban cryptocurrency recently? Anyways if you do not have any idea where to start it is advised to research properly before investing to learn abou the cryptocurrency eco-system.

Its great that you are looking forward with bitcoin in India. However, as far as it seems the Indian government has taken a strong stance against cryptocurrencies altogether. You may find trading difficult since RBI had a crackdown on the exchanges. So before jumping on the train, its better you dig deep

I don't understand. As far as I know bitcoin was recently banned in India and that had brought the biggest exchange in India to be closed. It's so confusing.

I think it is a good significant to promote crypto currency in lndia. I am very happy to know that ATM of bitcoin has launched in bangalore. now  lot of people would be interested in crypto currency.

Cryptocurrencies is not just easy to understand without knowledge at all. The best thing to do is to gather more informations and get along to read everything so that you will be able to determine what is it really all about. Keep reading for more attractions and understanding of the process that is the best thing to do.

Starting to have ATM in India for Bitcoin is a good development in Cryptocurrency but that doesn't satisfy having the knowledge but as a starter in Cryptocurrency you should learn and watch how it works so as not to fall victim of scam, ATM has been in the United States which is a good development but not everyone knows the usefulness but with the existing of the ATM people will ask more about it and want to get the knowledge to see how easy it works so as a beginner try and invest even if little in Alts and it's also a good idea buying BTC when it's on dip.

Explore the cryptocurrency market in detail. Read books, watch video instructions on this topic. And remember that investing in ico projects is a huge risk!

To know how to trade crypto,you need to seek knowledge and you can get that by reading a lot of article on that,also search internet for knowledge in that,you can also learn from forum here,you can join some genuine trading group.

If you are new to trading then you need to learn and spend some time to learn more about crypto and learn some trading techniques from various sources on net and don't go for ICO if your vision is short time inly do trading and you may make some profits if do yozr research properly and find some good coins to buy. Hope this helps you to start your crypto trading journey.

I am sure that india will be good country for cryptocurrency development if people will get clear understanding of all the benefits that usage of crypto coudl give to them.

Investing in cryptocurrencies is not difficult, you only need to prepare some funds and learn how to use the exchange, but I think you should learn the pros and cons of analyzing cryptocurrencies before investing!

In the same time, I heard about India recognizing crypto and there is no movement in this field so far. Could anybody give me some intel on this point.

Well, it is good for India, but bad for the cryptocurrency market, because most of currencies are still to volatile to become flagmans of wide cryptocurrency adoption.

Why there are no ATMs in other countries? I am sure tha BTC enthusiasts from all over the world would be happy to buy tokens in convinient way.

I did not think that India would be one of the first countries to introduce such measures. I think it's incredibly cool and worth waiting for progress in other parts of our world!

I do not want to offend anyone, but it seems to me that the situation in general which concerns cryptocurrency in India probably looks very bad, because as far as I remember, India has a very weak economy in relation to financial topics.

if it is still a project from India, I am still hesitant about buying coins because what I know is that coin projects from India still have no success at high prices.
however, if you are sure and the price of the coin is still cheap, there is no harm if you buy the coin as a long-term investment

my advice if you are still a beginner, you should find someone or a friend who is reliable working in the crypto world because, afraid if you don't know anything, bro, you are confused and start with easy things, especially by investing better, if you have already starting to use bitcoin is indeed

very good and its development seems to be fast.

I can say nothing about India, but it seems to me that in general it may be that the situation changes only if the entire market has a reversal, because the world today has very strange consequences of correction. It seems to me that stock markets also suffer from this.

It is early to invest in cryptocurrencies now, as the market is very unstable, but it still has a tendency to go down. If you want to trade, then you should first learn how to do it and if you need to take lessons, since margin trading is quite difficult and you will spend a lot of nerves.

That's cool. Finally, there are more countries that officially accept cryptocurrencies. I'm waiting for it to spread to Europe and America. Then you can think about replacing conventional coins

If you are an crypto beginner, then I recommend that you first develop a trading plan and limit the amount of the investment. I think $500 is enough to start trading, I think you should try to invest in a new altcoin to learn how to trade.

India was banned everything have connection with bitcoin, they have banned bitcoin as transaction and investment, they have doing the same with banned all of bitcoin exchange at their country, just one way how to withdraw your money for India people is selling or change with other digital e currency.

I agree with you. Today, this is really the best you can think of, because the situation with margin trading really has serious difficulties. Today, it would probably be best not to rush into investing at all. Better I think not to invest at all without the baggage of knowledge.