Trying to Invest in Bitcoin

[TheDiamondMiner]

So people are saying that the Bitcoin mining boat has sailed off. Which I'm starting to believe. An alternative is investing or buying Bitcoin. Someone told me to do this instead of mining, but how exactly can you do this? Any trusted sites? I'm not trying spend a lot of money only $30 to $50.

[olinnebit]

bitstamp.net
coinbase.com

Those are the easiest to use

[KJO]

So people are saying that the Bitcoin mining boat has sailed off. Which I'm starting to believe. An alternative is investing or buying Bitcoin. Someone told me to do this instead of mining, but how exactly can you do this? Any trusted sites? I'm not trying spend a lot of money only $30 to $50.

Coinbase is great if you have a bank account AND a Visa (they do NOT accept mastercard for ID verification!) If not, you will have to wait 4 to 5 days for your bitcoins.

Localbitcoins.com might be a faster route for you.

[nastybit]

Try to use localbitcoins and meet people.
Also research a little bit more, I understand it's not very easy but this forum is very extensive

[Welsh]

It's at a high right now. I would if were you I would invest when it comes down a little.

[fasteddie9987]

Try checking out ebay.  I always keep an eye on there especially if i'm up late because you do get bitcoin going for less than market price.  You have to look for it though as there are loads of overpriced coins and you need to do your sums first before buying anything on there.

[TheDiamondMiner]

Sorry I don't know a lot about stocks and I'm very new to cryptocurrency. So I can buy parts of a Bitcoin when the price is lowered and then sell it when the price goes up once again? As in buying $50 worth and waiting and selling that same percentage for a higher price as the price goes up? Also I'm looking into cloud mining with https://cex.io/. Has anyone had some profits mining Bitcoins with that? Thanks for the help.

[ivanone]

At this point, 50 bucks is pointless, e.g. you will get 0.05BTC. And even if price go crazy for 4000$ BTC, you will have 200$ in btc

[TheDiamondMiner]

I'm not trying to make a ton of money, just to do this as sort of a hobby. As in use that $50 invested and when it comes out put it back into cloud mining. I think this could work.

[Sebastien256]

you can use virwox.com to buy bitcoin.

[tacoman71]

you can use virwox.com to buy bitcoin.

VirWox is a good option but they have fees about 10%

[jongameson]

It's at a high right now. I would if were you I would invest when it comes down a little.

It's at a high now, but I ain't sellin'..