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Author Topic: What are the best/safe ways to buy bitcoins?  (Read 573 times)
Makingmoney2018
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April 08, 2018, 10:31:26 AM
 #41

Buying bitcoin can be quite confusing process if you are new to the digital currency, especially if you are in a hurry and trying to buy bitcoin instantly. Some people are buying bitcoin to start using it. But few still understand how to buy bitcoin safely. It is really very important that you have the knowledge about bitcoin before buying some of it.
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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April 08, 2018, 10:44:45 AM
 #42

If you want to buy bitcoin then go to an exchange,I suggest you to buy bitcoin in LBC which uses automated escrows so there is no possibility for getting scammed.Or you can buy from person you know but itnwill be better if youbuse escrow for transaction.

There is possiblity for getting scammed at every instant. No method is 100% scam proof. Still taking all the proper precautions does reduce the risk.

@OP If you want to do private trades then do keep some bodyguards if they want to meet and exchange. If you are willing to join an exchange then do learn what is the difference between centralized and decentralized exchanges before starting to buy/sell. Again make sure local rules are not having conflict with crypto - if required consult a legal advisor and a financial advisor.

Buying bitcoin can be quite confusing process if you are new to the digital currency, especially if you are in a hurry and trying to buy bitcoin instantly. Some people are buying bitcoin to start using it. But few still understand how to buy bitcoin safely. It is really very important that you have the knowledge about bitcoin before buying some of it.
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bitcoinerjawa
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April 08, 2018, 10:58:59 AM
 #43

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? Smiley

I think buying the most secure bitcoin you can buy directly through blockchain.info or you can buy it in coinbase, depending on where your country what kind of payment is supported in your country.
TheDagger
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April 08, 2018, 11:00:57 AM
 #44

I thought local exchange is better to buy a bitcoin with safe mode.. I suggest to exchange sites are like, Bittrex and polonix...  After the buying process you just hold it with safe wallet..
Ewox
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April 08, 2018, 11:15:35 AM
 #45

I don’t know where you’ve read that from but if you buy bitcoins through an exchange I think it is safe, for as long as you place a 2fa on the exchange.
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April 08, 2018, 11:35:42 AM
 #46

I think the only safe you buy is make sure that the address were you deposit you money is right and make sure that you buy bitcoin in a common and popular exchanger for safe
richminded
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April 08, 2018, 11:37:11 AM
 #47

I don’t know where you’ve read that from but if you buy bitcoins through an exchange I think it is safe, for as long as you place a 2fa on the exchange.

Big exchanges are safe of course and also you can buy p2p which is safe but the question is, is your wallet safe? Better to keep that one safe because it is more important. For me exchanges are the best way to own bitcoin its more convenient for me.
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April 08, 2018, 11:44:57 AM
 #48

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? Smiley
Just always remember that in every investment there's a risks, if you are not familiar to the investment that you want to try. You can simply conduct background checking or review the profile and the feedback of the other investors. There's a lot of ways to define who's the legit and scam so try to makes some strategies before grab the opportunity given to you.

Aside on that being successful were depends on how can you handle the situation you've been encountered
romecheo
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April 09, 2018, 05:13:03 PM
 #49

Crypto currencies exchanges are the best place to buy. However, after you bought your coin/token you should consider also buying hardware wallet, specially if your investment are more than 200USD.

you may ask someone you know from your local who also digital currencies enthusiast like your friends or colleague.

Keep in mind that risk is in every investment. 

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richardsNY
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April 09, 2018, 05:31:36 PM
 #50

I thought local exchange is better to buy a bitcoin with safe mode.. I suggest to exchange sites are like, Bittrex and polonix...

Local exchanging services provide a far better form of overall support due to them being smaller, which is something I highly value. On top of that, people won't have to feel bad handing over an unknown exchange their private details and ID scans. As it is right now, just by verifying my bank account, which took one day, I can instantly buy and sell in any quantity I want. I don't even have to use an exchange anymore aside from my occasional trading sessions. I pay a higher fee of course for the convenience they offer (they are a business after all), which in my case is 3% per buy and sell order, but it's more than worth it for me. Buying happens instantly, selling too, but fiat posts the next working day on your bank account.
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April 09, 2018, 05:38:55 PM
 #51

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? Smiley
The best option for you is to create an account on the cryptocurrency exchange. You will need to use this account in the future. For me, this is the best and safest way to become a part of the bitcoin community. You need to be able to buy and sell bitcoins. It is better to create an account in advance to be sure that your exchange supports the withdrawal of funds to a Bank card in your country.
trader34
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April 09, 2018, 06:01:45 PM
 #52

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? Smiley

For buying cryptos with fiat you can use either an Exchange. like Coinbase/Gdax or Kraken or directly p2p with someone else in sites like localbitcoin.com or localethereum.com through escrows or smart contracts so you're safe to buy from someone else.

However, it's better to buy from an Exchange because the price is much lower.
Alex9813
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April 09, 2018, 06:10:24 PM
 #53

First option is localbitcoin because you will find lots of trusted people who want to sell bitcoin there.Again, there is many exchange site where bitcoin can be bought.In BCT, people are interested to sell bitcoin but you have to use escrow always or buy from DT members.
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April 09, 2018, 07:18:02 PM
 #54

First option is localbitcoin because you will find lots of trusted people who want to sell bitcoin there.Again, there is many exchange site where bitcoin can be bought.In BCT, people are interested to sell bitcoin but you have to use escrow always or buy from DT members.
I think that today is a very good indicator, If someone wants to buy Bitcoin. Thus, we provoke a price increase in the market, as the demand for Bitcoin increases. I think that many investors in Bitcoin making their bets save the crypto-currency market.
destroyer01
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April 09, 2018, 08:27:21 PM
 #55

Purchasing bitcoin via a credit card is the most convenient method for the newbie,it also has a higher risk of transaction fraud,as well as higher processing fees.
ylnar123
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April 09, 2018, 09:07:14 PM
 #56

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? Smiley

If you have credit card then it is easy to buy Bitcoin with Fiat money. Through exchanges which offers convertion of Fiat to Bitcoin, you can easily do trades like in coinbase wallet.

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April 09, 2018, 09:07:49 PM
 #57

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.

If you live in a country that in fact prohibits bitcoin then you will read a lot of information and articles that mention that investing in bitcoin is very dangerous. Different if living in a country that received bitcoin then will find a lot of investment information d bitcoin very promising. I suggest if you want to know how to invest in bitcoin with neutral information you can read on ccn.com, cointelegraph.com or at coindesk.com.

I want to know where and how to successfully buy bitcoins? Smiley

To buy bitcoin with a safe and easy you can buy it at local exchange. Search for information about your country's local exchange and make sure it is not a scam site. Because a scammer will always create a gap for gain profit, you will know how the technology world works so easily to create the same fake as the original site.

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April 09, 2018, 09:16:55 PM
 #58

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? Smiley
If you want to buy bitcoin there's some legit exchanges that you can buy bitcoin in affordable price and there's some wallet like blockchain wallet that you can direct buy bitcoin. All investment have a risk but always be careful when you invest do a research first.

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April 09, 2018, 09:33:55 PM
 #59

as for me the safest way to buy bitcoin is to buy it at well-known and trustful exchange. you will save your money and your nerves.

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LodisMcguire
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April 09, 2018, 09:41:53 PM
 #60

Well first you must have a bitcoin wallet,i'm using bitcoin web wallet from blockchain.info,because using exchanger wallet is not safe i think.If you got big exchanger in your country,use that to buy bitcoin,you can read of how to buy from their website,if not,use some big exchanger like bittrex to buy some bitcoin,it's newbie friendly and easy to use.
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