Bitcoin Forum

I realy want to buy Bitcoin i have 5000$ give good idea plz

A pretty good list of exchanges is on bitcoin's website: https://bitcoin.org/en/exchanges#international
You could start from there. Make sure you get a proper wallet or check https://bitcoin.org/en/choose-your-wallet
Also it may worth mentioning that most reputable exchanges will ask for KYC documents.

Also tutorials like this one can be helpful https://www.techradar.com/how-to/how-to-buy-bitcoins-with-bitstamp (just make sure you stay on a reputable exchange)

Well, what's your problem? Buy and be glad, sure you will be successful. However, this is not something you need to ask in the thread, this should be your personal decision

Your answer contains both hard and humor. I understand the reservations of people who want to buy bitcoin. But it doesn't make much sense to get in way by constantly asking someone. It can be invested with a small capital. One should try himself. Translation is one of the best guides.

Getting Bitcoin is an easy process. But there are some things to be aware of. traded Exchange may request authentication. We don't give credentials everywhere. We need to be careful. Other grievances may occur.

Where do you resides? I'm sure there are local exchanges for every crypto-friendly countries not unless you're came from those crypto-strict countries such as vietnam, india, russia, and etc.
For using exchanges (such as coinbase, localbitcoins.com, localcryptos.com, Bisq, Paxful, kraken, etc. ), the most annoying part is you have to proceed their kyc verification before you can buy BTC.

Is there any problem why you are asking for ideas of different people you don't know? If you want to buy bitcoin, you should. What's stopping you from buying Bitcoin? I mean if there's something bothering you or questions you wanna ask, be specific cause a lot of people here can help you giving their opinions... It's your money after all so you can buy if you want to.

There are a lot of exchanges you can buy from.

Are you sure you want to buy bitcoin, do you already know the risks if you invest in bitcoin, do not be easily tempted by the words of others because bitcoin isn't always profitable, there are many exchanges for buying bitcoin, Be careful before buying because there are many scam exchanges, Choose an exchange that has a good reputation.

In case you are really interested to buy Bitcoin and you have the money, I am advising that you do it as soon as possible. I am sure you can easily find a good and reputable cryptocurrency exchange to do the transaction, maybe except if you are in a location where the government has a condescending attitude toward cryptocurrency, in which it can be difficult to do it but it is not really impossible. Good luck, man.

Start learning from the ground up on how you can do that properly.
Isn't just giving you advice and you apply it, you might lose your investment if you dont take precautions from the start.

You need to understand what you are going to be involved into and how much scam can it be.

Search on bitcointalk about trading and exchanges.

The best strategy for you is to BUY and HOLD. We are at a good price to invest and seeing how Bitcoin grows, we could reach $10,000 in no time. That's easy profit just by holding (Assuming that you are looking long term)

Use a reputable exchange like Binance or Coinbase and store it in a paper wallet. If you are satisfied with the profit, you can always cash it out.

There are cases you couldn't buy from exchanges especially if your local jurisdictions doesn't allow you to. If you want to buy bitcoin, then try first to approach what he said:


If that would not be possible in your area, then try to buy from trusted member of this forum such as those who have a great reputation from escrowing funds of people. I also highly suggest you consider asking your friends first if you have some that is utilizing cryptocurrency already because believe me, they will surely help you out.

Find on a google search on which localbitcoin exchange. Every country there is a local exchanger or wallet that you can able to buy bitcoin but it needs you to sign up KYC verification that asks your personal details. But if you dont want to expose your identity, find an ATM machine to buy bitcoin located in your place that where you are resided at. Of course, choose a good wallet in storing your bitcoin and buy trezor or ledger nano, this is the safest way as of now.

what idea do you want?since you have already $5k?

but if you are asking about strategy?then better diversify like 60% for Bitcoin,20% for ethereum,10% for Binance and the 10 % remaining is for other currency that you like.

I think he doesn't know that you don't need to buy a full bitcoin to own bitcoin. Basically if he has $5000 and price is $7500 he needs $2500 more to buy a full bitcoin.

I had a few friends who also made this mistake. They couldn't afford to buy BTC because it was like $15000 and so they bought Bitcoin Cash or Ethereum instead because it was cheaper, however they had no idea you can buy a partial bitcoin.

Most people in investing basically trade stocks and you can't buy half a share or a quarter of a share, so certain stocks like AMZN or GOOG which are priced at $1750 and $1300 are basically too expensive for most, so people avoid those stocks. Hence some stocks get stock splits where more shares are issued and the price is divided so its more accessible to more retail investors.

Besides your desire to buy bitcoin, I can also see that you intend to buy altcoin.
https://bitcointalk.org/index.php?topic=5207838.msg53287563#msg53287563

I dont think you are a layman about it, you have been very active as a bounty hunter and you are also quite popular with some exchanges.
https://etherscan.io/address/0xcd6e0b789aec11fe5e43539fa42dbbb7a5a3a39f

If you want to buy both, then you only need to divide your capital into two parts. Buy bitcoin half of your capital and also buy altcoin half of your capital. You can find many choices at CMC and choose according to your interests in the top 10 coins and token ratings.

if you only have $ 5,000, you don't need to buy bitcoin first now because if you buy bitcoin with $ 5,000, you will only get around 0.66 BTC, in my opinion now you better buy altcoin like ETH and then trade to get profit from ETH so you can buy 1 BTC later from your trading profit.

Lols, I just viewed your profile now, you have been around since April this year and have been into bounty too, from your experience with altcoins and bitcoin, you should know by now that bitcoin is the king and good to invest any day as compared to the rest of market.

So don't think go and buy bitcoin hold it and wait for the right time. Invest that money in bitcoin is the best decision that you make because bitcoin is the most good one where you can invest your money with out regretting. Buy now bitcoin and you can hold it sell it in the right time because i know bitcoin price goes bubble soon.

Oh, really this is how it works?

So it doesn't make sense to buy 6 gr of gold either, because you must buy an ounce, on no a pound...a full kilogram!!! That's it! Or...do you need to buy a ton?

Seriously, are you stupid?
If you buy 5000$ worth of BTC and the price of BTC doubles you get double in profit.
If you buy 7500$ worth of BTC and the price of BTC doubles you get double in profit.

Same for any amount of BTC, you don't have to buy a full BTC!

As for OP,
If you have been around this forum for almost a year and you're asking if you can buy bitcoin or not...I doubt any of the above responses will be able to help your cause.

you can find ways to buy bitcoin, whatever language you will find it, in my country even I have written it in my country's language how to buy bitcoin, where do you live? did you not find a tutorial about it, search google or information from this forum, this question is often asked, but you do not seem to be new people where you usually sell your bounty token, confusing

You can do that if you predict the price or bitcoin to rise. Unfortunately, no one can predict when it will happen again. So you better play safe and focus temporarily on the alt coins rather than bitcoin. Bitcoin still have the possibility to reach or overlap its price since 2017 from $10k.

For now, hold some of altcoins since there is no chance for bitcoin to develop nowadays. Maybe 8 to 10 years from now, but we're hoping for a fast comeback.

If you are experience crypto trader then it's fine to start with this huge money else my honest advice is to learn crypto trading first. A newbie coming with such huge money with little or no knowledge of trading may end my losing majority part of his investment. Good luck

yes, alright. if you really want to buy bitcoin, you can buy in local exchange because if any problem you can complain and fix it as soon as possible. or not want to use local exchange? you can choose the top level in coinmarketcaps, many recomendations exchange in there.
for now, buy bitcoin have high risk, please think again before you buy it

Its actually hard to a new traders to start with that amount. Op should know the possiblity of what is possible to happen. If he only invested in BTC just to increase that a wrong idea , many people do that before but instead of profit they lost because they are buying at high price.
Even the price is stable right there is no way people will know what will be the market movement.

It only shows that even if he is in this field for how many months, he still lacks the knowledge to at least decide for himself when it comes to this situation. Well, he is still a newbie, we can't blame him.

OP, if you have enough money to buy bitcoin, don't just spend it or make a rash decision. We all know that investing in bitcoin is good, but you still need knowledge and the right timing to do it.

Well the guy's willing to spend 5k in bitcoin. It's okay to ask other people's opinion, especially here where a lot of people can be considered as experienced traders and crypto users for the longest time. I think the question is pretty simple as to where he can get btc with his funds. He probably has an idea but want other people's suggestion as well. The only thing for me is, don't base the decision on what others say. Keep their tips in consideration but make your own decision based on your own research and study.

its hard to determine the right time, sometimes the longer we think of waiting for the right time, its value will increase from time to time. I often experience this when I want to buy bitcoin and sometimes doubt, often delaying getting the right time. if in doubt partial buy is a good way. we can only see the potential going forward, so now is also the right time to buy.

Some may find it odd that the OP asks such a question, but the fact that someone has been on the forum for almost 8 months does not mean that he has learned something, especially since he spends his time on bounties. So it's no wonder he needs advice, maybe about how and where to buy, or about the eternal question "should I invest in BTC now, or wait for a better price?".

My advice to him is to not invest such money in something which he obviously doesn't understand enough. It may be easy to invest in BTC, but what about the security of those coins? $5000 worth of BTC is not something you should keep in desktop/mobile wallet, not to mention the risk of online wallets.

Learn what it is, how to use it and how to be your own bank, then invest - everything else is wrong.

If you really want to buy it then buy it I don't see any other reason for you to doubt it.
If you worry about the price or waiting for the price to crash before you buy it then no one could guaranty it .

if you really want to invest in bitcoin it is better to start in basic and learn more about it
learning the basic can become your foundation in crypto and avoid being shaken by other people speculation or opinion
there are incoming halving next year and i think this is really a right time to buy bitcoin but don't invest all in one time and monitor the market
look or search for a reputable exchange where your payment method is available then store it in a secure wallet

5000$ is a pretty big investment for everyone. I think it is enough to invest in BTC. When I started participating in this market, I only had over 1000$ to buy BTC and altcoin

First of all ask yourself a question. Can you live by even if you completely lose these $5000? Would your financial position be solid after losing these $5000? If the answer is yes then comes the procedure of buying Bitcoins using these $5000. The procedure of buying depends more or less from country to country but If you are from US you can buy it from Coinbase. Then use 80% of your funds to buy bitcoin. Use Remaining 20% to buy some cryptocurrencies which are low valued but popular like TRX, ChainLink, Stellar etc. This way your investment would be pretty secure and you would be able to move with the market.  

Do your own research as much as possible, don't follow links abruptly you may end up getting hacked. There are exchanges like Binance or mobile wallet that will able you to buy and sell. I use one local wallet on my area and use it forfor transfering on other exchange.

Every investment requires good knowledge of it before diving in. The money you have now is a headstart.
Make enquiries from investment platforms, study investment analysis. Also, You can  buy in fraction, but you should be ready to engageyin long term investment. Because that will help you not to panic in this era of volatility.
Go all in to purchase bitcoin with you available fund, and use a blockchain wallet to store it for Safety,  do not keep it in crypto exchanges of mobile wallets.

This is the best time to buy Bitcoin because crypto adoption is growing day by day in different counties and companies, but I suggest you invest little amount, then wait for a dip and then buy more. I hope in 2020 will the crypto year, and everyone will adopt crypto.

What idea do you need? some help on trading or you need suggestions on where to buy bitcoins using your money?
Go look for top exchanges like binance and bitfinex. Don't buy in a rush and at least wait for the dip before entering so you can feel safe in investing in bitcoin. Goodluck.

if you want to really buy Bitcoin please go to the top exchange or exchangers in your country it will be easier. And the price of Bitcoin is quite stable at current prices. or if you are afraid of the risk of loss, use half your capital and the other half to backup if the price of bitcoin down. If you choose the long term, prepare your capital and mentality with the risks

If you really want to buy bitcoin then probably you must have first and online wallet in order to buy bitcoin in some exchangers. Just for example in my country I am using coins.ph which is a online wallet that provides an exchanger which you can buy bitcoin anytime as long as you have an account and you have enough ID to verify your identity. Buying bitcoin in a very large amount is very risky and it is better to just ask some tips and guidelines because at the end of the day you will be the one who will decide for your money.

So, just buy it and save in your wallet it is really simple way, what are you waiting for?

If you need a reason then I think you should learn first about bitcoin and how you got interested to it. Don't rely on other people for you make a decision you'll be chagrined eventually. Just make a decision by your idea and when you have bought it, it means you will accept everything what will happen.

You better buy when the price of Bitcoin around $ 7000 for a price of under $ 7000 better because I think it is safer when you want to buy a bitcoin do you buy bitcoin when prices above because it is very risky because when you buy a bitcoin when prices go up you should buy bitcoin when the price falls. You can buy bitcoin in binance, bittrex, Coinbase, kucoin and Bitz.

Everyone can really buy bitcoin it depends on you if you can take the risk because a lot of people wanted to try to buy bitcoin, but in the end they all scared in taking a huge risk because their losses would increased. A 5000$ is too much in buying bitcoin, so it will be worth it if bitcoin started to increased it's price in this year of 2019 or next year of 2020.

Have you got good feeling with bitcoin have higher price for bitcoin later or become bad thing by invest your money in bitcoin because price can be down, if I like you I will invest all my money not only with bitcoin but also with several altcoin, give chance for several investment like use for bitcoin investment with $1k and other investment for altcoin because I keep mind don't put your eggs in one bracket.

For me it's better to have some knowledge of bitcoin first, So that you won't regret it eventually.

I have also seen many newcomers experience loses on investing in bitcoin due to lack of knowledge that should help them be successful in investing in bitcoin.

Since this is a big amount, you will have to undergo a KYC for you to exchange that amount, and like all the other comments, buy Bitcoin in a reputable exchange, Binance and Kucoin are two highly reputable exchange that you can buy Bitcoin, and by the way congratulation for buying Bitcoin at the right time.

Nice timing OP buy now before the next bull run happens as what predictions said if you just decided to invest in this digital gold go for it, if you want more info about btc this forum has a lot of useful information you can learn from being a beginner to expert or you can go to some very useful website like this one https://bitcoin.org/en/getting-started 

Go localbitcoins.com or paxfull.com then create an account and buy bitcoin.Or you can use others sites but these are safe IN my view.if you have money in PayPal,skrill,nettler etc. Then go to currency exchange and exchange your money to btc. But you should use escrow to avoid scam.         

For now, do some research for you in able to avoid asking some kind of question that are the same from other thread. Do search like the topic you have to avoid same thread.

For now that was good for you to buy because of the cheap price then hold it to the moon but we cannot say when was that.

Honestly bitcoin could go as far as it can, as long as we support it. Bitcoin's price is quite stable on a short price point this year just moving around $7000 to $9000, it is safe to buy now and is sure for the future profit knowing the bull run did not happen the previous year so it is much anticipated next year. The internet offer so much of information about the bitcoin, you can just search basically everything.

before buying you should ensure your potential ability if you make a purchase, such a large fund may be very good if it is managed to the maximum, but it is best if you cannot manage these funds then you could lose money. so I think make sure your ability to invest in bitcoin, if you are a beginner in investing then use a little funds to learn good investing techniques

Welcome to the world of cryptocurrency. the safest Crypto to invest in is BTC. people with more capital hold higher BTC percent because they want to stay somewhat risk adverse in the space. There is a reason BTC dominates 67 percent of the entire market. to new guys I recommend either just buy BTC and hold, or go 70 percent BTC, and the rest can be altcoins of your choice. at the end of the day all other coins are standing on the shoulders of Bitcoin.

Further, I highly recommend not day trading, as its very hard to get into and costly with high risk. But if you do, for the love of god, buy low, sell high. don't sell when the price is dropping, sell when the price is going up, buy when the price is going down.

It's better if you register first in an exchange to be able to buy bitcoin, I think binance is very good as a good exchange reference, but others also have good priorities, you can choose it.

I think right now it is the right thing to buy bitcoin even though it is currently in a state of consolidation this possibility because the end of the year and Christmas is near so market movements are not too significant you can use that to buy bitcoin at a low price.

If you're new to invest In Bitcoin then I would suggest you first understand the market situation of Bitcoin if you're an old investor then probably have a better understanding about Bitcoin and cryptocurrencies it's very simple procedure there are some major cryptocurrency exchanges where you can buy if you're looking for long term holding then after buying BTC immediately withdraw atleast 90% of your bought amount in your personal BTC wallet so that would be great for you.

This is what OP should do first because no matter how good bitcoin is if someone doesn't know how this thing's work, it's still not working in the long run. OP may blame us or the bitcoin again just like what others did in the past because they don't know what they are in. Invest only if you truly understand the market.

$ 5,000 is a big amount to buy bitcoin, you might be able to visit binance and you can try trading there or you just buy to hold.  it's your choice, but binance can be a good choice for you to buy bitcoin

Are you confident that you can handle this amount safely? From your question, it looks like you are new to trading and for all new traders, sincere advice is never to start with big capital. First start with a small amount, if you feel you are getting success then inject more money. In this way, slowly but surely you will learn trading along with making profits.

Bitcoin is for everyone and $5K is a good capital to start with. Link your bank with some trusted exchange or meet some local dealers to get your first share of bitcoins.
Bitcoin is a rare asset the early you buy, the best price you get. As time progresses, it would become more costly.

I think it was a great time to buy bitcoin since the market price of bitcoin was so low in this month I think it will be a good opportunity next year for the bitcoin market price to recover.
Also, I recommend investing it for a passive income since 5000$ was already a great amount of money to start a business or a passive income I think it was a more accurate profit than investing it in cryptocurrency.

I don't see the problem, there are several exchanges you can use to buy bitcoin. In fact you could even do it here in the forum using someone as escrow (the very old fashioned way). But it think it would be easier for you to use something like localbitcoins.

As for fraction bitcoin, there is no problem. Every bitcoin is composed of 100 miliion satoshis, you have 8 decimals in there...

OR, you can spend that money in a couple of (modern) asic miners and wait until they reach return of investment, and after that anything produced is net worth. Depending on the price of electricity in your place, 5¢ or less per kW/h should be good.

If you live in one of the countries with really cheap electricity (or you happen to have renewable or otherwise "free" electricity), you can also buy used S9 miners for about 100$ each. You could get 50 with all that money, but you must use a part for the electrical installation, ventilation of the place etc.

If you are smart, you would diversify. Perhaps a portion in miners, and a portion in simple coin hold. But you need discipline and wait for good results.

I just dont understand why the OP never returned after dozens of suggestions are given since the question was published. If the OP has found the right or wrong answers that were not expected by him, then I think the discussion can still continue.
Hope to the OP coming back and giving his opinion on dozens of suggestions from this community.

In doing investment in bitcoin, we should have good risk management. $5000 is enough to start trading it but make sure that the amount that you will invest is where you will not regret it even if you lose it. I do not prefer holding bitcoin because there are many opportunities that we can have in every swing of the bitcoin. It is also good to diversify your funds and do not go all in because the risks are too high.

you can buy the bitcoin via exchange platform.
There are many platform.

There are many ways to buy BTCitcoin likes exchangers search for Top exchangers and you can convert you money to Bitcoin. There are many ways to buy bitcoin.

$5000 is a lot of money to start with.
You might want to try buying it with a trustworthy exchange or it might just go to a waste.
How do you prefer to buy it though?

You can put more information if you want the help to be maximized. Specially the place in where you are staying. Just the country is enough not the whole address.  ;D Some exchanges have restricted countries so we could point you to the right one if ever that is the problem.

First and foremost, do you just wanna buy Bitcoin and hold for a long term or short term? Secondly, how well do you know and understand the entire bitcoin space and the Biitcoin market? Do you know and understand the risks associated with buying or investing in Bitcoin? If you have no idea on the risks seen in the crypto ecosystem, please don't bother buying Bitcoin. You should first acquire sufficient knowledge about the bitcoin and understand the risks involved in investing in Bitcoin before attempting to buy or invest in Bitcoin.

First and foremost, OP you don't know how to buy bitcoin. I think you should understand the basics of it before buying with a huge amount. I want everybody to buy bitcoin but at least understand what you're trying to buy. If you're already aware of the risk that bitcoin has and you know that it's very volatile, you can proceed.

With the bunch of suggestions to you, yet you haven't come back after several days. Let's just assume that you've actually bought one and you're keeping yourself low key because you haven't replied.

For $5,000 enough capital you can buy it at the Binance exchange. It is a popular exchange and is rarely hit by hackers so it will be safer, if you are still in doubt in storage it is better to keep it in a cold wallet.
$7100 is the right price for now and maybe you already bought it.

Look for special offers for new users. Some also give you a referral bonus that you can tip your friends with. You're getting $9 on coinbase for every user who registers from your referral link, which means you can surprise your mates and order a pizza for each of them with the money you get for their registration. Just a fun fact you can use if you're really planning to invest.


As for the investment itself, I say do it. You don't have to spend all your money at once. Maybe buy BTC with 1k and keep the rest for now and watch the market. We could still fall to 6000 dollars this year before finally going up so there could be a chance to buy lower.

Today the price of the bitcoin falls, and many investors pulled out their money to secure their profit that still they can be used and not hold. If you are holding a five thousand dollars and with the price of the bitcoin is low. I think it is a good investment because if the bitcoin rise back. The money you will invest will go up to that is a large amount of profit to you, the altcoins are a good decision too for investment because the price is volatile also but does not give you a vast profit, unlike the bitcoin.  Still, it depends on your trading style and how do you can handle your income and earn better to consult people already experience a lot of trading and give you concrete advice.

And what if it goes down to 5000 dollars and he buys now at 7. Do you believe he'll be strong enough to hold?
How many people who bought for 20 thousand still hold those coins? Probably none because that's human nature. You can survive a beating but if it gets too severe you'll break.

He might hold at 6000 5500, but if we fall to 4000 and he sees that he's almost 50% down in just a month or two he'll break, sell and lose it all. Holding is only for the strong.

With an amount of $5000 you can already buy bitcoin and it is also enough for that kind of price. Anyone can really buy bitcoin, as long you can take the risk and have a dedication to continue to buy bitcoin even we are facing bearish market because there are a lot of people who wanted to buy bitcoin, but they did not take long because they are scared in taking a huge risk.

You should choose trusted exchange to buy such large amount of Bitcoin. I often use remitano and localbitcoin which have good escrow system. You should not buy directly form any person.

Go for it man, you'll never regret buying bitcoin with 5k$. I'm sure that with this current price you'll make a good profit in just a few months because bitcoin will increase, according to my experience, there's a lot of good exchanges that makes you buy this quantity of bitcoin in just few minutes. If I had really a good amount of money like you, I'll for sure buy a lot of bitcoin as the price is still low right now, I think it's really a good opportunity to buy now.

if you ask me I will say this is the best time to buy the Bitcoin and you can make the. Decent amount of profit by investing on Bitcoins if you turn it back after few months.

when you are planning to invest on any cryptocurrency you just need to examine what is the profit ratio you can make with the coin value investing on it because we don't know what is exact value it will reach tomorrow.

Buying Bitcoin will never be a bad idea and you got good amount to use at your disposal the Price is $7100 or there about so thing are not all good. Your capital of $5000 can maybe get you one Bitcoin if you can only be patient and Wait hoping the Price drops

Before investing you should carefully analyze your decision, at this time the price of BTC is somewhat low and it may be appropriate to buy, however, there are no guarantees that the price will rise.

You can also consider investing in some new Alternative cryptocurrencies, where you take risks, but the rewards can be very high.

Study the market first and if you think you are ready to take the risks, invest on bitcoin which i think will be very profitable in the next days. But you should get first a reputable exchange so you will have an assurance that you will not be scammed in the end.

I think this thread has ended and there is no need to answer the OP's questions about him wanting to buy bitcoin with the $ 5,000 he has.
he already got the answer from the members who have commented a lot.
If this discussion is continued it will become a place for spam and discussion will out off topic.

well this is the right time to buy bitcoin, now you have to register on a good and reliable exchange, after that you can only start trading .. !!

yes right now is the perfect time to buy bitcoin the price of bitcoin is currently pretty low at $ 7100 and i think $ 5,000 is a big enough value to start investing. big capital will produce big profit but you also have to be prepared to lose. do not delay waiting for the price of bitcoin because bitcoin is very volatile. better buy immediately before the price of bitcoin increases again. although for example after buying bitcoin the price of bitcoin goes down you don't worry be patient and rest assured bitcoin can pump higher. and always do your research before investing. and mentally prepare to increase bitcoin and decrease bitcoin.

What do you mean perfect time ? Did you base your decision because the price of bitcoin looks like a sale? It is not that, misconception is the problem. There are traders who saying that it is best time to buy bitcoin because it is cheap. You should consider these following terms if you will purchase bitcoin. First is the trend, identify the trend if it is uptrend or downtrend. It is good if you will purchase if the trend is uptrend because the price are continuing to go up. Next is the area of value where you can see where the are of buyers and also the sellers.

Waiting while your life buying bitcoin $5000 and you will never get chance to buy bitcoin with this price, bitcoin have higher and lower price but down with $5000 looks impossible and you waste your money buying bitcoin with $5000 because never come true and bitcoin always keep on higher price with next year will faced with bitcoin halving time.

Anybody can really want to buy bitcoin, it's depends on their own decession. I think now price of bitcoin is very low. At present if you buy bitcoin, you will get profit.

There's a lot of exchanges where you can purchase Bitcoin and $5000 is quite enough to HOLD to have a huge return. Before you buy, it would be much better if you will buy at low price so that as the bullish market comes it would be a huge profit. As a matter of fact buying at this time could be a good option because Bitcoin does not have that high value besides, halving is near and this will have an impact of price of Bitcoin.

have not you realize what advice he needs?because he literally mentioned of wanting to buy Bitcoin and now what should be the need for advice?
he can buy bitcoin anytime because bitcoin can grow at any time,and we have already saw that in 2017 same as in the mid of 2019 so what more in the next years to come?if he is willing to Hold then he can just buy now and wait for the right time to sell.

Or just do not go all in into some currency (bitcoin) but rather expand your portfolio to other coins as well.
You do not need to buy all your investment but rather a small amount in the top 5 for example.

That way you will not lose much and potentialy find other good profits from other top 4 coins (since 1st being bitcoin).

Besides you advertising binance exchange, investors need to think about what's best for them, if that exchange has better exchange services for their own countries and personal uses such as pay pal, bank acc, direct debit card and so on.

It really depends on whether you buy bitcoin right now or not, because you know exactly where your comfortable price is going to go. My only suggestion to you is to buy a cheap bitcoin because you can earn a quick profit here.
Or you also wait for bitcoin halving afterwards because many experts have said that bitcoin prices will rise. And even if we base on bitcoin price before after bitcoin halving we really see the price of bitcoin surges and unstoppable.

Then go the easy and safe way by buying it in aa reputable exchange like Coinbase, don't go for new exchange, it's very risky I have seen one guy got scammed for trading in a new exchange, and do not consider the price, some new exchanges are manipulating the price so they can sell cheap and attract investors, only trust good exchange even if they ask you to do KYC, because they are under government supervision.

We cannot be sure whether it will be profitable or not because the current market is showing signs of bloodshed and the price of BTC may go lower. But compared to the ATH of 2019, this is a good price for us to buy BTC and hold and if we are more careful and patient then we can wait a bit longer to be able to buy.

Everyone can bitcoin, but the question is "when will you start using bitcoin?" It is too late for you to use bitcoin because now, the bitcoin shrinks at the bottom because of its downward movement in its value from $10k to $6k or $7k and that's very sad. But if you're determined and you trust bitcoin so much then, go.

Holders are still hoping that it will bounce back greater than its last peak. It will go beyond $10,000 the price if we are patient and faithful from it 7 to 9 years from now.

If you have $ 5000 you can wait for few more days and you will get one complete bitcoin. You may also start buying at current price, as many are taking positions at this price. If you are coming with $5000 and dont have experience of any trading market, I suggest learn crypto trading first.

Just look up to the prediction wall of bitcoin and you will see what is the price movement. It's always a good time to invest in bitcoin but be sure to understand what are you going to invest because having no idea of where you put your money is still useless even if the investment is good. Diversification is a good choice if you are old enough in the market to know which coins you should have invested.

Of course, you can. Crypto is money for the people, my advice is it is important first for you to assess yourself how capable are you to take risks. Ready your emotions.

At least you already know about investing and its risks, of course choosing the best coins is the most important thing, you should know behind the existence of the coin or how the developer in the future whether this coin is good for investment right, because with the amount of $5000 investation is quite large In my opinion.

I think your suggestion is useful for beginners, But you forgot the many secrets in crypto trading. Those are choose the volatile currency we must fix the future dump ratio, because it will going to moon everyone happy and it will move backward all are worried so we can fix the backward value. All are must active in trading platform, because it will guide the further process.

It depends on how much these $ 5,000 are from your total savings. Do not forget that the risks on this market are higher than on the traditional financial market.

First make a good research, and only then start investing. I would not invest all my savings only in bitcoin. To diversify the portfolio, I would also buy altcoins in such a way that only 70% of my investment was spent on bitcoin and other 30% - on 3-5 different alts.

Do you mean to tell you about the best methods for buying? I'd use one of the top crypto exchanges, but be ready to pass KYC.

but what if he loose  ? we all know that trading is risky right  .

instead of risking those money just to increase it to buy btc he can just do waiting for the price of btc to go down so that his money will be enough for a 1 whole btc or he can also buy it today because btc is still that cheap and he can just do hodling and waiting till the value of btc arises  . you can bitcoin op as long as bitcoin is allowable on your country  but all you gotta do is to become wise  .

The money you have is really able to buy bitcoin and even to buy some other alternative coins that do have good potential to buy even though prices have so far continued to decline, and for that reason it will at least make us confident to buy immediately or maybe buy when there is a pump signal that will occur with the knowledge you have. Prices can go down lower and go up faster, so whatever your decision or idea to buy, I think it's best to do it anytime.

That is a good thought in this bear market. 5000$ is a good amount for you to invest and wait for profit, Draw a clear plan and do not be afraid if the price of BTC goes down. Current prices are good for you to invest and in the near future you will surely be profitable. Do not invest altcoin at the present time, the price of altcoin will continue to decline in 2020 and you will lose money if you try to invest them.

I'd choose one of the exchanges from the top5 on the cmc. Or you can choose a crypto wallet, but I'd recommend a non-custodial one. Also choose one of the top wallets https://www.thebalance.com/best-bitcoin-wallets-4160642

If this is your first experience in crypto I won't invest all 5k. I'd invest 1k in btc now, while it's a bear market, and watch the behavior of this investment.

actually a good first step to asking if you really don't understand and don't speculate. I agree with you not to invest everything into bitcoin can be divided into several items, so there are alternatives that have.
some to bitcoin and some to altcoin, but it is not recommended to buy new altcoin at ICO because it is currently not good and there are no guarantees. better to buy altcoin that already has a market and can analyze briefly at CMC to determine its choice.

I have the same question :) Wanna buy some btc but don't know what exchange to choose. I'm afraid to be scammed.

it is natural that as a beginner in crypto will be afraid of being fooled or anything that can make a loss. who have and can be considered understandable still like someone who is afraid of mistakes happening, so that's a common thing. but if there is no courage to do and do not know or experience it yourself it will make you even more will not understand. It's a good idea to join your country's forum and it's easier to receive reliable information. in principle, don't ever be afraid to do and do what we want. you need to believe all exchanges there must be a way out if we do according to the rules will be helped to fix it, you may look at the CMC for comparison material.

before investing, know that this is a risky thing. but, when you enter the world of cryptocurrency, you can't do it with half the focus. face the risk and be confident in the development of the price, or not participate at all. we can give you motivation so that you invest the money you have into bitcoin, but when the price goes down, you yourself will feel the loss.
my advice is, first learn about this, if you are sure, I believe that you will soon buy bitcoin for investment with your own beliefs and strategies.

You are the one who is actually to decide if you want to invest or not, but I am recommending you to do invest but first, you need to study a lot of things for you to protect your own money and to make it grow here because knowledge is important in a sector like this especially your own money is at stake. I can say that you should know different terms and information wherein can help you to the technique you want for you to earn cryptocurrency. It is actually the perfect time to invest or to buy tokens, buy low sell high.

You can search for the top exchangers so that you can buy bitcoin safely. And I suggest if you store your bitcoin you need a Hardware wallet like Trezor or Legder.

register on the exchange BINANCE, Bittrex, Bitmex, Kraken, Bitfinex, Okex, Kucoin, verify data, deposit your money, after success, Buy Bitcoin .. already obtained, withdraw your bitcoin, save it in a personal wallet (online wallet or hardware wallet). hold your Bitcoin, until you get results.

I think $ 5,000 is good enough to start investing in bitcoin. and I think now is the right time to buy bitcoin because the bitcoin value is quite low at $ 7,000. and I suggest doing your own research and understanding bitcoin seriously before investing. and then immediately look for an exchange that has a good reputation and register at the exchange and prepare a digital wallet to store bitcoin. and then buy bitcoin. I hope your investment is successful and profitable.

You can buy bitcoin anytime you want, and if you really want that to happen then you should start searching for a way to buy bitcoin. Buying bitcoin varies on every country, so if there's a restriction on your place then you must know that. If you're still doubt then I suggest to buy on top exchange like binance and transfer your bitcoin to a hard wallet and keep your private keys safe always. You must need to put extra effort on this, you are planning to buy at least 1 bitcoin, that's not a small amount of money.

Investment without knowledge can lead to losses, bitcoin investment is a good thing but people who want to buy bitcoins should aware to the risks of it. They are required to study first before they buy bitcoin in order to fully understand it. There are right and wrong in investing and we should invest in right time to maximize our profit and to avoid loss in our portfolio.

I think this is the right time to buy bitcoin because bitcin prices are quite low, $ 7,000 cheaper when compared to a few months ago, bitcoin prices reached $ 9,000. and in my opinion if we buy bitcoin waiting for the upward trend I'm afraid bitcoin suddenly goes up at high volume then we will regret it because we haven't bought bitcoin but the price has soared. and also nobody knows when tbitcoin will experience an uptrend. so in my opinion buying now when bitcoin prices are dumping. and then hold it.

that's the problem with this thread there is no clarity if what is really asking by the OP we all speculating about what is the true needs upon asking this.

but you have mentioned exchanger on what?of course only exchange can offer us Buying and selling not unless P2P options.
better for Him to use either exchange or if there is some place like Local wallets(if available in their locations)

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for OP buy now or be late next year since halving is coming.

Bitcoin must be the primary coin for cryptocurrency investment. Alt-coins are doubtful always, so its better to stay away from them with few exceptions like ethereum. Majority of alt-coins are useless. OP has 5000$ to invest, he should jump only if he is coming for long term investment.

We might get confused about what OP is really asking but since there are already suggestions about exchanges, I think what OP is asking is what particular coin or cryptocurrency could we buy from the money he have, I am not really sure if he is really telling the truth about spending that huge amount, but what I can recommend to you at this time is to wait further, The market is at 6850$ per bitcoin as of the moment based on the CMC, and I see it will continue to decline a bit, so you, having 5000$ would be great if you could wait till the price meets your funds, so, you will have exact 1BTC for you to hodl and you just need to wait for profits.

Well, I recommend you to find a proper exchange and buy some btc. Now its price is pretty low so it could be profitable. Use one of reliable and safe exchanges, I recommend you Kraken or CoinDeal. The second one is probably the best choice right now, because deposits in some currencies are free of charge. Do not trade, just buy and hold. But remember that this is a long-term investment so you need to be patient.

At 6700, bitcoin was at its strongest support. Bitcoin was expected to jump up from that and that's exactly what happened. Now we need to look at 7500. If that resistance gets breached, you can go long as 9500 can be expected after that. But still i would suggest you to stay away of btc until 7500 is breached because from here bull have to build the momentum as bears are weak at this point. But if bulls fail, then you can expect sub 5k levels in next few weeks. At that time playing short would be the best option.

You can buy it now because the price is cheap right now, even you don't ask anyone to buy bitcoin for you, I think your $ 5,000 will get a big profit if you buy it now, in my opinion buy it and hold it for the next 2 years , you can visit the binance exchange

You are right, now is the right time to buy bitcoin because current prices are still cheap and don't delay this opportunity before the price of bitcoin rises again.
and in my opinion you don't need to wait 2 years to hold it because in the next few months bitcoin will increase and it all depends on the price you are targeting because if you hold it for too long you will feel bored and sorry when bitcoin prices go up you still hold it, and besides binance is still many other exchanges and you can check it on Google or other methods and with detailed explanations.

I am sure that the purchase of Bitcoin will now pay off after a few months. The crypto market has become different, now the bear market lasts less than the bull market, that's why now is the golden time to buy

It would be great if you are to add some facts regarding your opinion for the OP to buy at this time, it includes the latest market graph and the trends that we could take into considerations to buy bitcoin because for me with regards to breaking the support level at 7000 dollars, it already shows a drastic fall, but I am really wondering why it recently got to 7000 again, with these, how volatile the market is a great factor we should consider, with just a short span of time, bitcoin can regain its market price, so with the fast decline, we should be aware to spot the right time to buy.

if price declines occur quickly there is a possibility for price reflection to return. so indeed the best thing for now is to find the right price to start investing, and keep doing research to sell it and don't expect to get high profits, because a small profit in my opinion is good for now

Make sure that you have adequate knowledge about cryptocurrency first before investing. I have a few friends who invested out of FOMO last bull market and had blamed me for their investment. It is their negligence for not doing their research before investing. Anytime can be a hood time to buy, it all depends for how long and whe do you intend to sell.

Now is not a good time for you to buy BTC. The price of BTC has just recovered to $ 7000 and so I believe it will continue to go down to $ 6400 or lower over the next few days, preferably patiently waiting to be able to buy at a better price. And if you still want to buy now, you need to determine the long-term hold with it, and I'm afraid you won't have the patience to do so

This is true, we should learn and gain knowledge first before we invest in crypto. As long we are ready to invest and know the risks we can have bitcoin. Let's just invest in how much we can afford to lose since the crypto price is volatile.

Just buy now, before fomo kicks-in. You don't need one Bitcoin although you should have that as a target. Next bull run, 1 BTC might be out of reach for everyone of us.

It is better if you do your own research (DYOR). Some people seek advice but in return when you give advice, you are the one to be blamed. But it depends on the person, so better find a good mentor. Just enjoy earning and investing and you will surely gain not only money but knowledge and skills.

You can buy at one excherger in your country ...
And I think some exchergers can accept credit cards to buy BITCOIN,
So I think the process for now and in the future is very easy.

I do not recommend buying bitcoin in the short term it will hurt, I just say for the long term, all decisions depend on the OP when to buy, I think whenever the time is still worth buying bitcoin even at $ 6500 or even $ 7000

Or maybe it is better to wait for another drop, bitcoin price has recently recovered from its sudden drop from below $7k and it would be better to wait for that kind of drop again to gain maximum profit in the next bull run. Buying should include analyzation and also the right timing to avoid unnecessary loss.

You must learn more about bitcoin, read a lot especially news about bitcoin and what's the update about bitcoin right now or maybe other coins so you can decide whether to buy bitcoin or altcoin depend on your instinct, do not depend on other people but you can get some information from them and some ideas but at the end you have your own decision.

A 5000$ is more than enough to buy bitcoin. It is also a good time to buy bitcoin because the price of bitcoin is very low that it already drops it's price below to $7000. There will be a huge chance that you can double your profit, if bitcoin will start to increase it's price next year of 2020 that a lot of people are expecting that bitcoin will reach to $20,000 again.

if the research says to buy then we can use the results of the research to buy it, so every time there is a profitable opportunity it is better to start investing. and I think if only using the words of the people then the investment can not go according to plan

Everyone is allowed to trade Bitcoin, but since you're still a newbie I will advise you that you should not go day trading, that's not an easy work and even if you decide to go for it you will have to learn it first and practice with a little amount and see how it goes before throwing in big money. But, expecting your buying prices around $5k just showing your greediness. Everyone wants cheaper prices but only people who opted to buy bitcoins some 7 to 9 years back, go the real opportunity.

As for now, what you have to do is go for the long term. This long term trading also requires doing some technical analysis to understand where the price is likely to be heading to in the next few months or so, and after you have discovered that, you then invest and hold till it goes up.

You have to be carefull about buy the bitcoin about the unintruptable scame from fishers, I suggest you that buy bitcoin and get more benefits. Whosesoever cryptocurrency is updated thire rule..

sometimes, thinking too long can make us lose the opportunity to get a big profit. $ 5,000 is a lot for bitcoin. even when you buy it before the new year, it can make you more than $ 1,000 in profit. yeah, but this time the opportunity hasn't been lost. I'm sure there are several opportunities that can make the price of bitcoin rise even higher.

with 5000$  I think you should not buy bitcoin now to hold, the market is still not good, the cryptocurrency market is still in the downtrend period, when bitcoin has fallen to a reasonable price and the market has a lot of news. You should buy them at that time, but if you are a trader you can buy at any time but you must be an experienced person to make a profit in this market.

I agree,  if you see that bitcoin value is going up and in a good condition buy as much as you can.  But you must know and accept whatever happen.  If the value of bitcoin go down after you buy learn to wait and keep holding until it pump again.

Never invest when the market is going up as what was happening till $8500. Always wait for the correction which takes place sooner or later. Buy at a strong support after it gets tested for sometime. Decide your entry. This is really crucial to trading. Another important factor is that you should plan your stop loss wisely. If you are in for long term, you can keep a bigger risk margin but a tighter stop loss would be a good idea in case of short term trading.

$5000 is a lot of money (for me) if i be you i will make sure first i know what risk to make investment in bitcoin. And then i will decide to keep continue or not. If you ask people's suggestion, you will be more confused because you will only see people say buy or not only. But wouldn't tell you if you have possibility to lose your investment if bitcoin get dumped.

The price of bitcoin is cheap now. If you want to buy bitcoin firstly you can signup an account a reputable exchanges like binance..etc. Keep your account's passward safely, don't share others peoples.

If you are buying BTC its great decision,But review here is that amount you afford to hold for long run or if lost? Have you selected a real legit platform to secure your BTC. If answer is yes then go with it and you will get amazing results after couple of years.

Further suggestion is that if want to hold must go with staking of stable coins it will give you Upto 14% ROI. When you feel the BTC is on peak and your target price here just quit the staking.

If you are pertaining to some exchanges, or in safer ways, online cryptocurrency wallet that will help you hodl your BTC, then try to consider buying some hardware tools which really help you secure your funds such as a ledger nano which is considerably cheap and easy to use. I see, OP you have allot to earn in cryptocurrency and this will be the best tool for you to secure your funds aside from directly investing it to some exchanges where the rate of hacking is high. Though, I cannot guarantee you ROI with this, though, you need to accept the risk with cryptocurrencies extreme volatility.

Another possible way to make investment in bitcoin and for you not to worry is to try to split your 5k dollar USD and invest it to bitcoin in different times, such as weekly, or even per month, just to make sure that you are diversifying your investment to hit high market price, medium, and low. Which turns out to be fair for you and you being in the median. Because allot of newbies are investing in just one time, and when their money didn't grow, they became frustrated. So to avoid this, diversification of investment is needed.

Put simply, at this moment bitcoin is the best cryptocurrency to invest on because of it's increase rate and how established it is compared to other cryptocurrencies in the market. Nevertheless, I would highly suggest you take on the path on investing in bitcoin by yourself and take minimal instruction from others because what might work for us might not work for you. It's too risky to put $5000 on the line.

Since you already have the budget to be able to purchase Bitcoin, the you can do it anytime even if it is on a downfall or the rising part because Bitcoin price is that volatile and because of that, its price can change in any single moment of time added by the fact that ampjg the other existing cryptocurrencies, Bitcoin play the role of being the most potential cryptocurrency on my point of view. Since you have the money to afford buying Bitcoin, then it is now your chance to seek for the best exchange to put up your money and get into trading USD for BTC. This will serve as your starting point of platform to start up your journey getting into the world of cryptocurrencies. After doing such, it will also be good to see if you will like Altcoins as well but if not, it is already good to stick into Bitcoin itself just assure that you have chosen the best exchange of your preference and an online wallet or hardware wallet as well to store up your asset.