Newbie here with some questions on investing/learning

[jcg06]

I'm extremely new to the cryptocurrency world. Stumbled across this forum and found it pretty interesting. After browsing through some topics, I feel a bit overwhelmed. I'll keep looking around but if someone can direct me to well written resources that break down bitcoin, blockchain, and crypto in easy to understand/digest ways that'd be great.

Another question I had was, is there a way to invest in partial bitcoins? For example, if I only have $100 to use, is there like some mutual fund equivalent to owning bitcoin?

Thanks in advance.

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[gouhayashi]

Yes, you can buy whatever amount of bitcoin on spot rate based on the price you paid.

[DougW3865]

Hey jcg06,
Your thread title doesn't pique the curiosity, so you might not get many replies. I'm new here but this looks like a good place for more seasoned cryptocurrency people. Maybe you can read some wiki to get started:
en.wikipedia.org/wiki/Bitcoin

[Tuanken897]

With 100$ you can buy a small amount of Bitcoin from some exchange. Than you sell them and get profit. Buy again and sell....or you can sell Bitcoin and switch to another coins...
You can withdraw your Bitcoin from exchange to your private wallet and bring them to invest some HYIP but it has alot of risks...

[kejot]

Try to invest more on bitcoin. Now the price goes down little bit, that should be good time to invest in it. But look at potential altcoin if you want to invest in some coin such ETH and Ripple, i think that should be invested in.

[uberproteam]

There is no mutual fund but there is a concept called "masternodes" it gives returnes. You can check masternodes.pro to learn more. With 100 usd you can own a cheap maternode. It is very risky business.

[Neurogress]

read these guides, I think there are suitable for beginners: https://blockgeeks.com/guides
also, this forum and a subreddit bitcoinbeginners would be helpful

[letua]

read these guides, I think there are suitable for beginners: https://blockgeeks.com/guides
also, this forum and a subreddit bitcoinbeginners would be helpful

Thanks for this site neurogress I did visit and found something great knowledge on that site.

[jcg06]

Thanks all! I've been checking out blockgeeks...very straight forward and informative.

I'm still a little bit confused how I can buy $100 worth of bitcoin. Is coinbase a place I can do that?

[exstasie]

Thanks all! I've been checking out blockgeeks...very straight forward and informative.

I'm still a little bit confused how I can buy $100 worth of bitcoin. Is coinbase a place I can do that?

It depends on your jurisdiction. They serve lots of countries, but not all. I'm in the US and I use Coinbase. If you're putting in $100, I would definitely look for a service that has free ACH bank transfers. Wire fees aren't worth it at that level.

If you end up using Coinbase, here's a trick to avoid their high fees: Free bank transfer to Coinbase, free USD transfer to their back-end exchange GDAX, free limit orders on GDAX. You can effectively pay zero fees (or 0.25% if you just have to market order!) vs. 2%-4% using Coinbase's front end.

[satchmoh]

Thanks all! I've been checking out blockgeeks...very straight forward and informative.

I'm still a little bit confused how I can buy $100 worth of bitcoin. Is coinbase a place I can do that?

Yes, but there are a lot of more ways to buy currencies .... I prefer buying coins via "anycoindirect"!

[jcg06]

Thanks all! I've been checking out blockgeeks...very straight forward and informative.

I'm still a little bit confused how I can buy $100 worth of bitcoin. Is coinbase a place I can do that?

It depends on your jurisdiction. They serve lots of countries, but not all. I'm in the US and I use Coinbase. If you're putting in $100, I would definitely look for a service that has free ACH bank transfers. Wire fees aren't worth it at that level.

If you end up using Coinbase, here's a trick to avoid their high fees: Free bank transfer to Coinbase, free USD transfer to their back-end exchange GDAX, free limit orders on GDAX. You can effectively pay zero fees (or 0.25% if you just have to market order!) vs. 2%-4% using Coinbase's front end.

Thank you for the insight. Could you explain a little more on how I would do that?

[soapywang]

put it in BTC
50% hodl
50% looking for good potential coin and hodl!

[SevenSign]

Tnx for the knowledge and stragegy uv share in this forum. Its so useful and helps me lot.

[uberproteam]

There is another option if you have space to spare in you hard drive . You can mine burstcoin. Since you only have 100usd to invest you can get some coins for free which you can invest in trading or doing something that intersts you in your venture in crypto world

[iagyei259]

Every book out there on bitcoins content can be found in this forum. Just take your time and read the forum written while at the same time you can purchase bitcoins with your little money and keep it for future appreciation in price.