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Author Topic: The best way for newbies to buy bitcoin or ethereum  (Read 1937 times)
mysacrifice
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October 26, 2017, 09:26:58 PM
 #41

it actually depends on how much money you will put for investing. if it is less then 1K usd then buy eth, otherwise go for btc.
moataz_ansary
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October 26, 2017, 09:46:28 PM
 #42

U can create an account on coin base
As u can buy buy Bitcoin and Etherum with Usd
Also u can create account on localbitcoin
As u can buy bitcoin with best price in ur area
With all my best wishes
Regards
hookcoin
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October 26, 2017, 09:59:39 PM
 #43

You can buy bitcoin and Etherum through friends or on reputable trading platforms. You can use bitcoin and Etherum to trade to other altcoins and make a profit from this.
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October 26, 2017, 10:28:43 PM
 #44

you can buy bitcoin with fiat money in many change site for exemple coinbase or cex.io offer bitcoin with fiat money than you can deposit in exchenge and buy eth or any other altcoins .
https://support.coinbase.com/customer/en/portal/articles/2343234-how-do-i-buy-bitcoin-with-a-debit-card-in-the-us-

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BIG Tyrese
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October 26, 2017, 10:32:02 PM
 #45

Buying from a popular exchange like coinbase. Coinbase ia a trusted source of bitcoin and I would recommend against exchanges like localbitcoins for newbies.
Geemy
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October 26, 2017, 10:51:20 PM
 #46

do freelance , and here do bounty , you only need to make some efforts to gain more $ , and you should be patient .
StarofBTC
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October 27, 2017, 08:10:44 AM
 #47

My opinion is, those who use new Bitcoin can now buy Bitcoin.However,It would be best to understand the opportunity.For example,Bitcoin was down a few days before this post reply. Then I bought some bitcoin.I have benefited a lot.I think bitcoin may be $ 10000 + at the end of this year.so buy and hold bitcoin all newbies.
There are many more easy options to purchase bitcoins and Etherum. You can simply register to any of the good exchanges like yobit, livecoin, cryptopia, etc and start exchanging your altcoins there. I think you are mentioning about trading. Keeping an eye on each transaction is a must and also you have to notice each and every dip so that you can get a good experience in trading and you can quickly understand what trading is.

According to me, exchanging the altcoins is pretty much easy but trading with them is too hard as we need a ample of knowledge to start the trading and also understanding and staying the dips is too hard.
Wong Gendheng
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October 27, 2017, 08:37:44 AM
 #48

Buying from a popular exchange like coinbase. Coinbase ia a trusted source of bitcoin and I would recommend against exchanges like localbitcoins for newbies.
But we have to know that buy in coinbase then we do not have private key, now we can buy Ethererum directly in myetherwallet.com feature, store ethereum in myetherwallet.com, of course better and more secure because it can have full control.
Bambinoe
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October 27, 2017, 08:43:59 AM
 #49

The best way to buy Bitcoin or Ethereum is to invest any little cash you have at hand and then grow from there. Or one can start trading in little crypto's and then profits made from there could be used in purchasing Bitcoin or Ethereum.

AndriyPilipyak
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October 27, 2017, 09:03:18 AM
 #50

For long period-both

Malamok101
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October 27, 2017, 10:40:46 AM
 #51

For sure you do not buy ethereum or bitcoin because the ethereum is too late before and even a lot of investors in ethereum are still rising as well as bitcoin because I'm too late to buy a bitcoin at its very high you're good to stock your money with other coin like neo, bcc, ltc and omg as a newbie you need to go to youtube and watch how to start trading bitrrex or poloniex.

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October 27, 2017, 10:54:03 AM
 #52

its really good to buy bitcoin now because now that is ber months people are really wandering where to invest because they will be receiving their bonuses and all investment will really pump so as to bitcoin it will pump high soon before the year close so invest now, same with ethereum this altcoin really crash from the top but im really into it because of its market cap and its smart contracts..

Redanim
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October 27, 2017, 11:06:24 AM
 #53

At the moment, purely technical bitcoin is better than any other cryptocurrency, token or digital asset. In this regard, bitcoin has a certain influence on all other cryptocurrencies, but on the other hand, ethereum entered in market only a few years ago, which allows people to participate in the development of this currency.
Cobalt9317
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October 27, 2017, 11:15:45 AM
 #54

OP you can try to hodl your bitcoin, however I think ethereum will also increase its value in a long run, perhaps you might want to invest 50-50 in both coins so you could not lose anything.

P.S Ethereum for me is the second BTC if somehow BTC disappear or deprecated ethereum will step up, and the price will be a moon!
youok
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October 27, 2017, 11:18:33 AM
 #55

the best way for newbie to buy bitcoin and eth.
in my opinion, you can buy bitcoin or eth in localbitcoin or in coinbase. it is more easier to make  transactions in coinbase for newbie.  Wink

Daveeoff
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October 27, 2017, 11:19:13 AM
 #56

In my country there are a few legit websites that sell Bitcoin and usually I tell my friends to buy from them as transactions are usually fast.
macchiato
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October 27, 2017, 12:15:11 PM
 #57

There are some good exhanges where you can purchase btc and eth but for newbies, I suggest not to spend all their money yet. Only spend the amount they are willing to lose. Also be careful, make sure that you are sending your money to a legitimate site.

However, I don't think it will be easy for newbies to buy bitcoins and most especially ethereum that quick because before an individual enters the world of investors and traders, they must be knowledgeable and well-experienced first. I, myself, is still learning a lot from reading discussions here because there are risks to consider before plunging into the world of trading. As of now, I join signature campaigns to earn bitcoin. I am also interested in alt coins but there are so much to learn.


50ouncebrew
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October 27, 2017, 12:39:51 PM
 #58

The best way for newbies to buy bitcoins would be through www.localbitcoins.com the best way to buy ethereum would be through an app called Changelly where you can swap coins for BTC for low fees.



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October 27, 2017, 12:49:27 PM
 #59

Bitcoin and ethereum are the 2 best coins at the moment, so I suggest keeping the coins. now almost all trading sites provide bitcoin and ethereum, and for the newbie then can start invest by looking for bitcoin and ethereum for free, and this forum is the trust for a reference.


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October 27, 2017, 01:01:42 PM
 #60

Hi all,

Ive been investing small amounts in Bitcoin and ethereum for a year or so now but i wanted to ask what is the best or easiest way for a newbie to buy the currency now. I have a coinbase account so im able to purchase quickly if need be but so many buy sites make it very difficult for newbies to make such purchases in quick time. What is there out there thats on board and safe for anyone wanting to join the market quickly and start investing in such currencies?

Kind Regards

Griff

Newbies and experienced users will used the same method as long as they are fine with the fees or comfortable on they chosen methods to buy bitcoin. So basically the easiest method will be applied to all users whether newbie or not.

Availability on your area is more important. If the exchange supports your country then do some buying there. If you aren't comfortable with the fees then find another one. The answers you will get here can't be applied to you since different people have their own "easiest way to buy bitcoin". I suggest to consult your local section so that it will give more closest possible response.

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