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Author Topic: Minimum limit for buying BTC  (Read 7010 times)
Jmild1
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June 15, 2016, 03:53:14 AM
 #121

well the minimum limit for buying BTC here in philippines is 1 PHP because that's the lowest denomination of fiat here in philippines. On other countries like US maybe 0.01$.
Lol, you buy 1 php and the transaction fee is 4php. It feels like it so nonsense to do so. But I think its the buyer choice if he want to buy on such very small amount.
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June 15, 2016, 07:21:35 AM
 #122

Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
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June 15, 2016, 08:16:46 AM
 #123

Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
I think bitcoin is different, you can buy any amount you want but most sellers would require you to buy their minimum. The good thing with bitcoins is the price will increase when the market is doing great.

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June 15, 2016, 03:09:19 PM
 #124

Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

No just buy what you can afford.If it's for $10 a month or $100 doesn't matter.
Accumulate as much as you can.But again only with spare money!!
In addition to that go with some sig campaigns or with faucets if you have the patience for that.

Yes, this time is not for thinking that what will be the good price to buy bitcoin as every minute you spend in thinking you lose the opportunity to buy cheaper as every minute now the price increases and will not come back to lower price.
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June 15, 2016, 06:22:13 PM
 #125

Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

 Few Exchanges have a Minimum limit but you can buy what ever you like to purchaser for the other person, i mean most of the members are here who sell their bitcoins, so if you want to buy it so better is that you should search it in service section and also you can apply the thread that you wana buy the bitcoins, so mostly member will contact you, i think it is a easiest way to buying. otherwise earning is better, you can earn it easily in faucets and in signature campaign.
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June 16, 2016, 10:59:32 AM
 #126

Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

No just buy what you can afford.If it's for $10 a month or $100 doesn't matter.
Accumulate as much as you can.But again only with spare money!!
In addition to that go with some sig campaigns or with faucets if you have the patience for that.


Exactly you can buy according to your budget and  what you can afford to, and rather then just buying you should also try to earn it which can be an added advantage in future.
Now only one month has been remained in halving and at that time a biggest boost in the price of bitcoin will occur and just focus on buying as you cannot earn bigger amount now from different tasks etc.

INVALID BBCODE: close of unopened tag in table (1)
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June 16, 2016, 11:27:58 AM
 #127

Now only one month has been remained in halving and at that time a biggest boost in the price of bitcoin will occur and just focus on buying as you cannot earn bigger amount now from different tasks etc.

Hmm.. 23 days to be precise.

http://www.bitcoinblockhalf.com/

I have told this before, and I am warning everyone once more. The basics are still very weak. The usage and adoption is not rising along with the exchange rates. That means that the bubble can burst anytime soon.

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adibe
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June 16, 2016, 11:33:31 AM
 #128

Well, the minimum limit for buying bitcoins is depend which site or person you want to buy bitcoin, because every place/person have their own rules when someone want buy bitcoins.
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June 16, 2016, 12:33:43 PM
 #129

Well, the minimum limit for buying bitcoins is depend which site or person you want to buy bitcoin, because every place/person have their own rules when someone want buy bitcoins.
yeah, it mostly depends on the website though you can nearly everywhere buy really small amounts of bitcoins

i think you should buy enough bitcoins for your investment that you could earn some decent money


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Vaccinus
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June 16, 2016, 02:00:23 PM
 #130

Now only one month has been remained in halving and at that time a biggest boost in the price of bitcoin will occur and just focus on buying as you cannot earn bigger amount now from different tasks etc.

Hmm.. 23 days to be precise.

http://www.bitcoinblockhalf.com/

I have told this before, and I am warning everyone once more. The basics are still very weak. The usage and adoption is not rising along with the exchange rates. That means that the bubble can burst anytime soon.

how do you know what is the correnct number of usage for the current price? maybe $430 was too low for the current usage, one never know, and maybe $1000 is right for the current people that are using bitcoin, just my opinion

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June 17, 2016, 07:06:36 PM
 #131

I think limit for buying is your amount of money, you can non stop buying bitcoins till your money ends. I am buying 0.2btc every week cause i don't need more.

Yeah you need to buy what you can afford, as there is no minimum or maximum limit to buy bitcoin, you can buy according to your wish and capital that you hold.
I think now he should have to invest all of his wealth in bitcoinif he really want to get bitcoins and to earn profit from it with increasing value, otherwise he will toss his head to the wall that why he did not bought at that price.


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Dakron
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June 18, 2016, 12:14:18 AM
 #132

I think limit for buying is your amount of money, you can non stop buying bitcoins till your money ends. I am buying 0.2btc every week cause i don't need more.

Yeah you need to buy what you can afford, as there is no minimum or maximum limit to buy bitcoin, you can buy according to your wish and capital that you hold.
I think now he should have to invest all of his wealth in bitcoinif he really want to get bitcoins and to earn profit from it with increasing value, otherwise he will toss his head to the wall that why he did not bought at that price.
You only invest what you can afford to lose do not invest all you have, there is no limitation on buying bitcoin you can buy how many as you want but look for the risk of it. Just take care
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June 18, 2016, 12:37:05 AM
 #133

With all investing it is worth it to budget yourself properly. You know how much you make a month and also how much your expenses like rent, utilities, and food will cost you. I'd advise, conservatively, 20% of the remaining money to go into a Bitcoin investment depending on how much money you want for entertainment. If you don't have any interest in other things and no other investments then a liberal 40% would be obviously more money into Bitcoin investing.
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June 18, 2016, 04:49:54 AM
 #134

Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
I think bitcoin is different, you can buy any amount you want but most sellers would require you to buy their minimum. The good thing with bitcoins is the price will increase when the market is doing great.

Definitely, that's what I was saying. You could literally buy 1 satoshi of bitcoin, but that would probably require a ton more in transaction fees, which is why most sellers settle with a minimum.

The minimum for cash deposit to BTC transactions is usually around $1-50.
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June 19, 2016, 01:39:42 AM
 #135

Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
I think bitcoin is different, you can buy any amount you want but most sellers would require you to buy their minimum. The good thing with bitcoins is the price will increase when the market is doing great.

Definitely, that's what I was saying. You could literally buy 1 satoshi of bitcoin, but that would probably require a ton more in transaction fees, which is why most sellers settle with a minimum.

The minimum for cash deposit to BTC transactions is usually around $1-50.
If you are buying bitcoins to buy online products to sell then the cost would not matter to your because you will add up it to your purchase price and will put mark up when selling. But when you are buying in for future investment then better buy it in bulk to save transaction cost.

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June 25, 2016, 08:14:42 AM
 #136

Do you ppl have some kinda minimum limit for buying bitcoins? I mean for currency.

Well, there is no minimum limit if you're buying through e-currencies. for example, I can buy any amount of BTC I would like via perfectmoney whenever I would like, whether a cent or 100 dollars.

But for cash deposits, minimum is 1 dollar.
I think bitcoin is different, you can buy any amount you want but most sellers would require you to buy their minimum. The good thing with bitcoins is the price will increase when the market is doing great.

Definitely, that's what I was saying. You could literally buy 1 satoshi of bitcoin, but that would probably require a ton more in transaction fees, which is why most sellers settle with a minimum.

The minimum for cash deposit to BTC transactions is usually around $1-50.

Most exchanges charge a percentage for the transaction fees, so you can just buy 0.001 bitcoin, without any problem.
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June 26, 2016, 02:42:55 AM
 #137

Well I don't know if there's minimum if there is, I think it is 100 satoshi from faucet. I think that is the minimum but you didn't buy it, you earn it for free. But I think that is the minimum.

You could buy one Satoshi for $ 100 simply because it came from a celebrities wallet, or you could buy that same one Satoshi for 0.00000001 Moon Coin because you feel both coins are of equal value.
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