Bitcoin Forum

Other => Beginners & Help => Topic started by: Angella on August 19, 2014, 04:25:32 PM



Title: how do i invest in bitcoins?
Post by: Angella on August 19, 2014, 04:25:32 PM
 :-\


Title: Re: how do i invest in bitcoins?
Post by: jjc326 on August 19, 2014, 05:14:04 PM
Depends what you mean by invest.  There are sites called "exchanges" that you might be referring to.  You can go to a bitcoin exchange and deposit money there, and then buy and sell Bitcoin.


Title: Re: how do i invest in bitcoins?
Post by: giveBTCpls on August 19, 2014, 05:30:19 PM
Well, you want to buy them in an exchange. It depends if you are from the USA or Euro. If you are from Euro, I recommend Bitcoin.de if you don't want to be forced to have your ID scanned and sent to them. They are pretty slow tho.
There is also Kraken but I never tried doing transactions on there. Bitstamp is the reference one but requires ID afaik.


Title: Re: how do i invest in bitcoins?
Post by: Mobius7 on August 19, 2014, 06:34:57 PM
You can buy bitcoin with fiat and get profit when the btc price goes up.
Or, you can invest your bitcoin in stocks or casinos to get more bitcoin.


Title: Re: how do i invest in bitcoins?
Post by: odolvlobo on August 19, 2014, 06:46:43 PM
In the U.S., the easiest way to buy bitcoins is through LocalBitcoins.com or Coinbase.com.


Title: Re: how do i invest in bitcoins?
Post by: notlist3d on August 19, 2014, 07:14:20 PM
In the U.S., the easiest way to buy bitcoins is through LocalBitcoins.com or Coinbase.com.

Coinbase will take a few days to set up, but in long run is better then localbitcoins.  (in my opinion)   For the ones who are worried about being not known they will turn to localbitcoins.


Title: Re: how do i invest in bitcoins?
Post by: Boof on August 19, 2014, 07:22:29 PM
Buy locally and in person. I will be soon  :))


Title: Re: how do i invest in bitcoins?
Post by: Hash Master on August 21, 2014, 02:18:45 PM
Use exchange websites such as btc-e.com


Title: Re: how do i invest in bitcoins?
Post by: MuttaFuttaGentleman on August 21, 2014, 02:42:28 PM
Buy you can use Localbitcoins to start in a nice way.


Title: Re: how do i invest in bitcoins?
Post by: bitllionaire on August 21, 2014, 02:50:39 PM
it depends on your location you will be able to use one way or another


Title: Re: how do i invest in bitcoins?
Post by: Mightycoin on August 21, 2014, 02:54:25 PM
Investing in bitcoins means buying bitcoins, or buying mining specs.

You can use Paypal, western union or any other currency.


Title: Re: how do i invest in bitcoins?
Post by: cookiemonsterwhat on August 21, 2014, 02:57:42 PM
Just remember that cash is king.

Localbitcoins.com and with some sellers you can negotiate on the spot. I did it with one guy, stating we re-do the escrow once we see each other on the spot which he agreed.

I saved myself $100 mark up.


Title: Re: how do i invest in bitcoins?
Post by: TimeWatch on August 21, 2014, 06:32:53 PM
Buy Bitcoins at low rate[like currently] and sell them high. Or go for a miner. That's investment.


Title: Re: how do i invest in bitcoins?
Post by: Dannie on August 22, 2014, 08:43:10 AM
Investing in bitcoins means buying bitcoins, or buying mining specs.

Or you can invest in a casino or invest on havelock investments.

You can use Paypal, western union or any other currency.

Paypal is a bad choice indeed, as the bitcoin sell willer charge you a high fee to compensate for the chargeback risk.


Title: Re: how do i invest in bitcoins?
Post by: Bitbirdhunt on August 22, 2014, 08:51:21 AM
Just goto localbitcoins and buy btc with real cash, sell only when prices hike up a lot. Profit :)


Title: Re: how do i invest in bitcoins?
Post by: Nawaytes on August 22, 2014, 10:07:07 AM
there are many ways to invest bitcoin,
but usually i use, deposit from local bank to local exchanger and then buy bitcoin,
 ;D


Title: Re: how do i invest in bitcoins?
Post by: Chompa on August 22, 2014, 10:36:21 AM
download a wallet and start selling products and services for bitcoins
you don't necessarily need to buy them


Title: Re: how do i invest in bitcoins?
Post by: oceans on August 27, 2014, 10:29:01 AM
Do you have any services that you could possibly offer that you would be willing to accept bitcoin for? Setting up a wallet and completing offers for people is one way to get bitcoins as many people out there are looking for workers who accept bitcoin. Failing that you can invest in bitcoins by using exchanges and such and buying bitcoins using different payment methods.


Title: Re: how do i invest in bitcoins?
Post by: Bitcoins101 on August 27, 2014, 10:32:47 AM
Don't mine, don't start a business, don't buy into altcoins; just buy bitcoins. You'll come out further ahead than you would by getting fancy.


Title: Re: how do i invest in bitcoins?
Post by: monim1 on August 27, 2014, 03:04:20 PM
There are many ways of investing in bitcoin. You can start mining with your own rigs or you can buy some bitcoin and hold it for better price.


Title: Re: how do i invest in bitcoins?
Post by: thecast on August 27, 2014, 04:43:13 PM
INvesting in the 99% of altcoins is literally like gambling.


Title: Re: how do i invest in bitcoins?
Post by: odolvlobo on August 27, 2014, 07:05:05 PM
INvesting in the 99% of altcoins is literally like gambling.

"literally"?


Title: Re: how do i invest in bitcoins?
Post by: Wafel16 on August 29, 2014, 06:08:07 PM
:-\
You mean invest bitcoins or invest your money on bitcoin?Both are two different things.Could you please be more specific and make some serious discussion rather than just posting an emoticon


Title: Re: how do i invest in bitcoins?
Post by: SparkedDev on August 30, 2014, 08:02:58 PM
btcjam is a good way. There are some people who payback decently on loans.


Title: Re: how do i invest in bitcoins?
Post by: minerpumpkin on August 30, 2014, 09:40:51 PM
I guess the safest thing, if there is anything that may be called 'safe' in Bitcoin land, is to buy some bitcoins and wait for them to appreciate in value, and potentially sell them at a later time. Investing in companies denominated in BTC (Bitcoin stocks, etc.) is really really dangerous, if you ask me. Effectively every stock on Havelock Investments is currently trading below its IPO price!


Title: Re: how do i invest in bitcoins?
Post by: nabeton on August 31, 2014, 07:00:05 AM
Just buy bitcoins  ;), or try cloudmining (PB mining)


Title: Re: how do i invest in bitcoins?
Post by: Mudd on August 31, 2014, 10:08:16 AM
Just buy bitcoins  ;), or try cloudmining (PB mining)

Buying them is always probably the easist way and holding them could give you rewards. I wouldn't bother with cloudmining. A lot of scams out there.


Title: Re: how do i invest in bitcoins?
Post by: jjacob on August 31, 2014, 10:10:55 AM
Just buy bitcoins  ;), or try cloudmining (PB mining)

Buying them is always probably the easist way and holding them could give you rewards. I wouldn't bother with cloudmining. A lot of scams out there.

Is buying them through coinbase efficient?


Title: Re: how do i invest in bitcoins?
Post by: ensurance982 on August 31, 2014, 05:32:11 PM
Just buy bitcoins  ;), or try cloudmining (PB mining)

Buying them is always probably the easist way and holding them could give you rewards. I wouldn't bother with cloudmining. A lot of scams out there.

Is buying them through coinbase efficient?

Coinbase is a well known place to buy Bitcoins and they are legit. And I agree that cloudmining is most likely going to cost you Bitcoins! Why would they sell their hash rate if they could make money mining for themselves?


Title: Re: how do i invest in bitcoins?
Post by: Domino on August 31, 2014, 05:39:53 PM
And I agree that cloudmining is most likely going to cost you Bitcoins! Why would they sell their hash rate if they could make money mining for themselves?

Possibility 1: The hashrate is overpriced.
Possibility 2: It is a scam, and the hashrate seller just operates a ponzi.
Possibility 3: The hashrate seller expects bitcoin to die very soon.

 ;D


Title: Re: how do i invest in bitcoins?
Post by: Domino on August 31, 2014, 05:42:32 PM
Just buy bitcoins  ;), or try cloudmining (PB mining)

Buying them is always probably the easist way and holding them could give you rewards. I wouldn't bother with cloudmining. A lot of scams out there.

Is buying them through coinbase efficient?

If you are from US and are going to trade bitcoin occasionally only, Coinbase is a very good option.
But if you are going to do a lot of trading, it is better to use an exchange.


Title: Re: how do i invest in bitcoins?
Post by: marcovaldo on September 01, 2014, 06:14:10 PM
Buying btc and holding btc is the same as buying gold and hoping for the prices to rise.
There is absolutly no evidence whatsoever than the price of gold (or btc) will increase in the future.

1) Do not spend more money in btc than you can afford to lose.
2) Do not hope to be rich doing nothing with btc.


Title: Re: how do i invest in bitcoins?
Post by: Tammy Chan on September 01, 2014, 06:28:03 PM
Buying btc and holding btc is the same as buying gold and hoping for the prices to rise.
There is absolutly no evidence whatsoever than the price of gold (or btc) will increase in the future.

If you expect the inflation will stay high, it is reasonable to expect gold price to increase.

1) Do not spend more money in btc than you can afford to lose.
2) Do not hope to be rich doing nothing with btc.

1) Very true.
2) Very much agree, unless you bought bitcoin a few years ago. :)


Title: Re: how do i invest in bitcoins?
Post by: Wusolini on September 02, 2014, 05:24:44 PM
:-\

Hi Angella

1 - Buy bitcoins directly - bank transfer (localbitcoins, coinbase, btc-e etc.) or find bitcoinATM.

2 - Buy a mining contract

3 - Sell some of your stuff (old crap)   

4 - Offer your skills

5 - Make a business, web service or faucet and earn from ads.
 
6 - Invest in some Hyip, check my signature  ;)


Title: Re: how do i invest in bitcoins?
Post by: Minnlo on September 03, 2014, 06:50:36 AM
Just buy some bitcoin, create a safe paper wallet to keep your bitcoin and wait for the price to go up. :)


Title: Re: how do i invest in bitcoins?
Post by: cutesakura on September 03, 2014, 07:09:22 AM
Any one can help me, what is the most profitable to invest bitcoin ? but not a gambling ...
thanks for the explaination ...


Title: Re: how do i invest in bitcoins?
Post by: Nagato4 on September 03, 2014, 07:56:37 AM
Any one can help me, what is the most profitable to invest bitcoin ? but not a gambling ...
thanks for the explaination ...

High potential profit comes together with high risk.

The most profitable (and most risky) investment IMO is to send your bitcoin to a HYIP (eg. an unknown person claiming to send you 150% back in a day). I don't suggest any one to do so, as very likely you will never see your bitcoin again. ;)


Title: Re: how do i invest in bitcoins?
Post by: mullerdan on October 25, 2014, 02:20:52 PM
start to buy btc on one exchange site and trade ! its not hard :p


Title: Re: how do i invest in bitcoins?
Post by: HeroCat on October 25, 2014, 02:37:48 PM
Just click on my signature  ;D


Title: Re: how do i invest in bitcoins?
Post by: aronnov on October 25, 2014, 04:23:54 PM
just choose whether you want to invest in a high or low risk, the more you invest, the higher the risk that you will get, you invest perkecillah risk by not investing all that you have a bitcoin ...  8)


Title: Re: how do i invest in bitcoins?
Post by: zggfb on October 25, 2014, 04:56:13 PM
you can get more investing info by visiting http://zggfb.com  ;)