Buying Bitcoin

[osasshem]

An under 18 year old who is receiving money at the end of every month, and has the idea of safe keeping or investing it into something that can yield more is matured and knowledgeable when it comes to getting returns of money gotten.

£10 is very okay, with consistency, you'll see the beauty of what you've started at this early age.

[Powerjumboo]

I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.

Also is it even legal for an under 18 year old to invest in bitcoin.

I have already invested £20 which is now worth £40.

You can use any amount of money to invest where you do not have to mention any specific amount. You can use any amount starting from a minimum of one dollar per day or per week. Also, there is no specific mention here that Bitcoin can be used under the age of 18 or not. But of course I will say that by investing, you have to keep that investment safe. If it is possible to keep it safe, then it is better to invest and if it is not possible to keep the investment safe, then the investment will be very logical and you can lose at any moment. You start your journey, but definitely have a long-term plan to use DCA, I think you will definitely be very successful.

[IQ.cash]

I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.

Also is it even legal for an under 18 year old to invest in bitcoin.

I have already invested £20 which is now worth £40.

From my point of view every person should acquire knowledge about Bitcoin and pass knowledge about Bitcoin to their children. However you started collecting bitcoins from the age of 18 it is very good if you can invest patiently till 10 years from today you will have accumulated a lot of bitcoins and your success is guaranteed. It is very important that you have to be aware of more long-term investment planning or else you will not be able to manage long-term investments successfully.

[Y3shot]

An under 18 year old who is receiving money at the end of every month, and has the idea of safe keeping or investing it into something that can yield more is matured and knowledgeable when it comes to getting returns of money gotten.

£10 is very okay, with consistency, you'll see the beauty of what you've started at this early age.

I don't know why people are so concerned with the amount they invest in bitcoin.  It can be only small when their is no plan to accumulate bitcoin and so many people have been brainwashed with the mindset of buying small portion of bitcoin is not enough to invest . With the mindset of thinking the amount of Bitcoin that you can afford to invest is too small can cause you of not making any plans of investing bitcoin. Invest with the small amount you can afford and be consistent with it and if you think it is still too small you can also try to increase your income so that you can also increase the amount which you invest in bitcoin.

[AprilioMP]

I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.

As you can and don't force yourself if there are other needs that are more important.
If you are under 18 years old, make the remaining allowance to save money and later the savings will be used to buy Bitcoin.

Also is it even legal for an under 18 year old to invest in bitcoin.

It is better if under the guidance of parents who understand Bitcoin and everything related to the safety of assets.
My question is, is it true that you are as you mentioned?

[G_Besar]

,,,

From my point of view every person should acquire knowledge about Bitcoin and pass knowledge about Bitcoin to their children. However you started collecting bitcoins from the age of 18 it is very good if you can invest patiently till 10 years from today you will have accumulated a lot of bitcoins and your success is guaranteed. It is very important that you have to be aware of more long-term investment planning or else you will not be able to manage long-term investments successfully.

Such things can still be done from now on by the current young generation, but considering the price of Bitcoin which is no longer in the low category, of course it will also take a long time to collect more Bitcoins to reach the duration of time you said. But that is a very good thing and may have even been done by many people since Bitcoin started to become more popular in the last ten years so that at this time those who are able to manage their investments like that have found a higher level of success until they have passed on their knowledge to their own generation, namely their children.

[Grace333]

I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.

Also is it even legal for an under 18 year old to invest in bitcoin.

I have already invested £20 which is now worth £40.

You last question contradict your First question, because you wanted to know what the possibility and position if you buy a £10 worth of Bitcoin, but in the last question you mentioned that you already bought Bitcoin worth £20 that have increased in profits x2 which now is at £40.

With the above statement it means you may be far from the truth and should at least rephrase yourself statement again so that we can contribute rightly.

I think he has problem with sentences because his words are quite contradicting. Maybe he is not saying the truth because the way he has written it is quite misleading. We can always buy different units if Bitcoin and it all depends on where we are buying it and from whom we are buying it. There are exchanges where users can buy as low as $5 worth of Bitcoin. If op is quite sure that he is saying the truth, then he shouldn't be asking this kind of question about whether he could purchase smaller units if Bitcoin just like he had bought few times ago. It is good we keep buying and holding before the bull continues.

From what I read the op was not contradicting his statements, he said he is invested £20 which later increased to £40 and he is asking if its possible to invest £10 probably because his highest invested amout is £20. Op you can make £10 investment per month as long as its within your financial capacity so you don't get distracted in trying to make premature withdrawals. Making use of the DCA strategy you can actually invest little amount continually for a long period of time until you arrive at your set goal. Your investment decision is personal however you can also keep it anonymous so you don't get monitored,  also I love to advise you to keep you seed phrase safe.

[Bushdark]

I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.

Also is it even legal for an under 18 year old to invest in bitcoin.

I have already invested £20 which is now worth £40.

From my point of view every person should acquire knowledge about Bitcoin and pass knowledge about Bitcoin to their children. However you started collecting bitcoins from the age of 18 it is very good if you can invest patiently till 10 years from today you will have accumulated a lot of bitcoins and your success is guaranteed. It is very important that you have to be aware of more long-term investment planning or else you will not be able to manage long-term investments successfully.

The knowledge should not only base on Bitcoin alone but the crypto market in general. People need to understand how cryptocurrency works and the ways they can ensure that they are safe from any malware attacks that could create a chance for cryptocurrency loses.
Understanding the market will be a great advantage to many of us that are crypto inclined giving us the advantages to use the knowledge we have to make decisions that would be of a great help to us. Whether you are investor or trader, understanding the market will be of a huge value to us.

[RockBell]

You can use any amount of money to invest where you do not have to mention any specific amount. You can use any amount starting from a minimum of one dollar per day or per week. Also, there is no specific mention here that Bitcoin can be used under the age of 18 or not. But of course I will say that by investing, you have to keep that investment safe. If it is possible to keep it safe, then it is better to invest and if it is not possible to keep the investment safe, then the investment will be very logical and you can lose at any moment. You start your journey, but definitely have a long-term plan to use DCA, I think you will definitely be very successful.

When it comes to investing in Bitcoin, you can use the fact that you can invest any amount, as little as you can invest. this is more reason why a lot of interested in bitcoin because you can buy any amount because that is one of the priorities, but it wont be reasonable for you to be investing even 1 dollar into bitcoin because what is now the relevance of investing so there is more reason to want to invest big than investing bitcoin.

And when it is a logical situation, you can make plans on how to buy because when you are serious about your investment, there are a lot of things that should make you consider investing because you have to make plans. and it might not go the way you want first, but even when it does not go your own way, you can just try harder because this situation can make you to be discouraged, but it is better not to give up.

[Judith87403]

An under 18 year old who is receiving money at the end of every month, and has the idea of safe keeping or investing it into something that can yield more is matured and knowledgeable when it comes to getting returns of money gotten.

£10 is very okay, with consistency, you'll see the beauty of what you've started at this early age.

You're right, I think constant investing is what matters a lot because it will enable you accumulate enough bitcoin in your portfolio. of course €10 is perfectly okay for him to start with since he is not earning a decent amount of money, so I love the idea of going for €10 I'm pretty sure that with this amount he wish to start with before this year runs out, I believe he can be able to accumulate enough bitcoin in his portfolio. That's depending on how consistant you're in making the accumulation, because the amount of bitcoin you accumulate will determine how much profit you're going to get in the long run.