Nana1 (OP)
Newbie
 Offline
Activity: 85
Merit: 0
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March 19, 2018, 11:03:21 PM |
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I am a newbie who wants to invest in bitcoins. I have read a lot of negative information about how dangerous it is to travel this path. I however believe in bitcoin investment and want to take the risk. I want to know where and how to successfully buy bitcoins?  |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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tabas
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March 19, 2018, 11:21:35 PM |
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I have read a lot of negative information about how dangerous it is to travel this path.
Where have you read these negative information? I however believe in bitcoin investment and want to take the risk.
In every investment there is a risk and that's nice that you are believing in bitcoin. I want to know where and how to successfully buy bitcoins? You can with other people who have bitcoin and transact with them in person or you can buy in exchanges with fiat. Know more: How to Buy Bitcoin |
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PauloLuks
Member
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Activity: 223
Merit: 11
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March 19, 2018, 11:43:03 PM |
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You can use an exchange. There are some pretty safe with no problems. Like Coinbase, for example.
You can also use Bitfinex or Bitstamp.
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Lumada
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March 19, 2018, 11:52:27 PM |
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You can use an exchange. There are some pretty safe with no problems. Like Coinbase, for example.
You can also use Bitfinex or Bitstamp.
There are some convenience store with an app in our country that can easily buy BTC and ETH, it's a good company that provides it. |
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knightmairesaint
Sr. Member
Offline
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
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March 20, 2018, 01:29:28 AM |
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If there's a local based crypto wallet in your country then for me that's the most convenient and safest place where you can buy bitcoins because lots of fake exchanges spread around which might deceived you knowing the fact that it's hard to determine whether a particular exchange is a scam or not.
But never have a bad impression on exchanges because there are still legit and trustworthy ones like Bittrex, Poloniex, Hitbtc etc.
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PX-Z
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March 20, 2018, 02:08:41 AM |
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I am a newbie who wants to invest in bitcoins. I have read a lot of negative information about how dangerous it is to travel this path. I however believe in bitcoin investment and want to take the risk. I want to know where and how to successfully buy bitcoins? The best thing that you should do is to find an exchange that is more efficient and legitimate crypto exchanger that will help you to buy bitcoin. And i prefer you to use binance, it’s a community that focused on exchange which is a friendly user that will easy to learn by beginners. |
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VitKoyn
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March 20, 2018, 02:49:19 AM |
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I am a newbie who wants to invest in bitcoins. I have read a lot of negative information about how dangerous it is to travel this path. I however believe in bitcoin investment and want to take the risk. I want to know where and how to successfully buy bitcoins? Of course there's always a risk on everything you want to invest in and not only Bitcoin or other cryptocurrency are risky investment but also other types of market. You can buy Bitcoin through trusted cryptocurrency exchanges where most people buy their Bitcoins, try using coinbase (if banks from your country are supported) and localbitcoins or if there is a local exchange available in your country then it will be good but if you want to hold those coins for long term investment don't use any online/web wallets or exchange addresses to hold them, it is better to use a Bitcoin wallet where you have the full control of your coins and your private key. |
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Bonsaiav
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March 20, 2018, 04:01:21 AM |
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I think it's easy you can make a buy on any exchange and i will not mention one of them (all may already know). But obviously i make a buy in the existing exchanges in my own country and everything is safe the transaction can run normally without any problems at all.
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jitenrajput
Copper Member
Jr. Member
Offline
Activity: 252
Merit: 3
ENCRYBIT — FUTURE OF CRYPTOEXCHANGE
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March 20, 2018, 05:14:00 AM |
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The best and safest way to buy bitcoins or other cryptocurrencies is from a trusted exchange which provides support to your country. After buying do transfer them on to your wallet as exchange are hot wallets vulnerable to hacker attack. Your cold wallet is safe compared to that.
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josh07
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March 20, 2018, 05:19:35 AM |
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for me it's good to use coins.ph to buy a bitcoin he does not have it when it comes to buying coinscoin on your purchase of bitcoin besides the trusted and most used and can guarantee your bitcoin safe.
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metenjean
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March 20, 2018, 07:42:38 AM |
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First thing to own is a bitcoin wallet and save your private key safely, the next step ahead is finding an exchanger. There are a lot of trusted exchanger out there that you can try, if you're using other currency than USD then your countries might have their own trusted exchanger which converted local currency to bitcoin. I think its a lot safer and easier to use that and just read a review in local subforum, hope this help  |
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Dondon1234
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March 20, 2018, 09:28:01 AM |
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For me the best and safiest way to buy bitcoin, when it comes the price will go down, we can buy more in dip price, and we will wait the price go high, thats the good and the best amd easy way to buy and sell bitcoin
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opennera
Newbie
Offline
Activity: 128
Merit: 0
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March 20, 2018, 09:29:43 AM |
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For me, we should buy BTC when the price down so much (sometime) and hold for x2 profit. Last time the price down to 6000$ and comeback 12000$
Very hard to prediction but i think 1 month we have one or two down storm price on btc
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francedeni
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March 20, 2018, 09:36:44 AM |
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for me it's good to use coins.ph to buy a bitcoin he does not have it when it comes to buying coinscoin on your purchase of bitcoin besides the trusted and most used and can guarantee your bitcoin safe.
Coins.ph is good to use to buy bitcoin but for other countries possible they might hard time to purchase bitcoin. They can instead use coinbase to purchase bitcoin and invest. As these days price on bitcoin is still good to buy and invest. |
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50ouncebrew
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March 20, 2018, 09:38:32 AM |
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The safest way to buy bitcoins would be to wait until the price is down and the market is in a bearish state as it is now and then buy as much as you can afford to buy. If you are referring to what platform would be best to buy bitcoin on then you should check if coinbase works in your country and if the services are offered there, it's a safe place to buy bitcoin. Also coins.ph is a really good platform. There are a lot of good platforma to buy bitcoin just check for the one which works in your country.
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MinerHQ
Legendary
Offline
Activity: 1456
Merit: 1023
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March 20, 2018, 09:39:02 AM |
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I have read a lot of negative information about how dangerous it is to travel this path.
What do you mean by dangerous? Are worried about the exchanges may cheat you when you buy OR you worried about the bitcoin prices may go down after your investment? I want to know where and how to successfully buy bitcoins? I best way to buy is to search whether your country has got a local exchange? If yes, then mostly they will allow you to buy with your bank account. I feel that is safer. Definitely, bitcoin investments are for only risk takers. If you don't like to take a risk and worried about its high volatility then better don't invest in any crypto. If you can wait for long then mostly it will give good returns. |
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cynical
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March 20, 2018, 10:59:00 AM |
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the easiest way to buy bitcoin is to use https://localbitcoins.com/this is not the safest because it is possible to get scammed if you are not careful the next easiest option is to use the currency exchange section of this forum https://bitcointalk.org/index.php?board=53.0after that you have to register with an exchange like coinbase or bitstamp but you have to get verified and link your bank account, this takes a bit longer but is safe. |
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Lancusters
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March 20, 2018, 11:08:14 AM |
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There are many ways to buy bitcoins. But the safest and most convenient way is to buy bitcoin on the cryptocurrency exchange. You will still have to register there because periodically every cryptocurrency owner has to change bitcoin to Fiat and back. Buy bitcoins at the ATM very expensive to buy bitcoin online exchange, is dangerous.
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Ultegra134
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March 20, 2018, 11:30:18 AM |
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I am a newbie who wants to invest in bitcoins. I have read a lot of negative information about how dangerous it is to travel this path. I however believe in bitcoin investment and want to take the risk. I want to know where and how to successfully buy bitcoins? Via debit/credit card or bank transfer on most well-known reputatable exchanges, such as Kraken, Bitstamp or Gdax, those I've used personally and are situated in Europe. You could also buy via a Bitcoin ATM, if there are any in your country or on a face to face transaction via LocalBitcoin. |
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kokobaba880
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March 20, 2018, 11:47:24 AM |
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I think the bitcoin buying is a good strategy for this time and if you are interested in the bitcoin then you can safely buy bitcoin at the exchanges which are operating through Internet and from every one exchange you can buy bitcoin but you may also buy bitcoin to invest for the long term because in the short run you can not successfully judge the profitability of a coin and the actual value of the coin so it is easy to buy bitcoin but do not focus on the wrong news and information about bitcoin because this will hang you in the middle.
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