speart_2000 (OP)
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February 04, 2014, 09:01:00 PM |
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I'm new to Bitcoin so apologies if I come across as a bit ignorant.
I'd like to buy some Bitcoins, I only have an iPad so can't store a wallet or anything, but essentially I want to buy them now and then sell them at a later date for a higher price and have the Bitcoins stored in the cloud that I can buy and sell at will. I've been looking at Kraken, is this what I need and also is there money to be made in Bitcoin this way, I can see it's gone up dramatically over the past 12 months, will it carry on up?
Any help would be greatly appreciated. Also, what about the other crypto coins like litecoins and dogecoins, are these a better alternative?
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odolvlobo
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February 04, 2014, 09:19:29 PM |
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I'm new to Bitcoin so apologies if I come across as a bit ignorant.
I'd like to buy some Bitcoins, I only have an iPad so can't store a wallet or anything, but essentially I want to buy them now and then sell them at a later date for a higher price and have the Bitcoins stored in the cloud that I can buy and sell at will. I've been looking at Kraken, is this what I need and also is there money to be made in Bitcoin this way, I can see it's gone up dramatically over the past 12 months, will it carry on up?
Any help would be greatly appreciated. Also, what about the other crypto coins like litecoins and dogecoins, are these a better alternative?
Use the wallet at Blockchain.info. It is your best option for a wallet stored remotely. Be sure to save a backup. If you want to buy and sell you can always move the Bitcoins in or out the exchange when you need to, but don't store bitcoins on an exchange.
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AltorXP
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February 05, 2014, 12:31:46 AM |
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I'm new to Bitcoin so apologies if I come across as a bit ignorant.
I'd like to buy some Bitcoins, I only have an iPad so can't store a wallet or anything, but essentially I want to buy them now and then sell them at a later date for a higher price and have the Bitcoins stored in the cloud that I can buy and sell at will. I've been looking at Kraken, is this what I need and also is there money to be made in Bitcoin this way, I can see it's gone up dramatically over the past 12 months, will it carry on up?
Any help would be greatly appreciated. Also, what about the other crypto coins like litecoins and dogecoins, are these a better alternative?
Go for BTC and Litecoin, doge is way to risky, and serves well only as a short-term investment, BTC will definitely go up if it becomes more mainstream. Blockchain.info is best for all ios devices
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MicroGuy
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February 05, 2014, 02:07:52 AM |
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I'd like to buy some Bitcoins
I use and recommend Coinbase.com. Also, what about the other crypto coins like litecoins and dogecoins, are these a better alternative?
One of the best altcoins at the moment is Goldcoin (GLD). A new client is in the works that improves upon the Satoshi code and introduces a robust multi-threaded codebase.
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Avalaxy
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February 05, 2014, 02:26:36 AM |
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OP, just stick with bitcoins. All these altcoins are just scams meant to enrich the creator of the coin. None of them will last a year. This MicroGuy above me is just promoting his own scamcoin.
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BTC: 1BvzHyU2WnxtVYbUZYdQ6RExwLUZTfBN1K LTC: LfoPTEEyhdRHn8Sob8tu1iLz8AjVpvAXa4
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BTCisthefuture
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February 05, 2014, 05:43:09 AM |
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I'm new to Bitcoin so apologies if I come across as a bit ignorant.
I'd like to buy some Bitcoins, I only have an iPad so can't store a wallet or anything, but essentially I want to buy them now and then sell them at a later date for a higher price and have the Bitcoins stored in the cloud that I can buy and sell at will. I've been looking at Kraken, is this what I need and also is there money to be made in Bitcoin this way, I can see it's gone up dramatically over the past 12 months, will it carry on up?
Any help would be greatly appreciated. Also, what about the other crypto coins like litecoins and dogecoins, are these a better alternative?
If you live in the united states I suggest coinbase.com for purchasing your coins. Then set up a wallet on blockchain.info and store the coins theres , have 2FA setup, and make a backup. Yes I believe the value of bitcoin will go up as time goes on. Then again ther eprobably isn't a single member on this forum who doesn't think that ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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R0yalAir
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February 05, 2014, 05:56:08 AM |
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OP, just stick with bitcoins. All these altcoins are just scams meant to enrich the creator of the coin. None of them will last a year. This MicroGuy above me is just promoting his own scamcoin.
The best is to avoid these alternative coins for the sake of trading Bitcoin
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speart_2000 (OP)
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February 11, 2014, 07:41:38 AM |
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Hello, thank you for all of the responses, I've purchased my first Bitcoin with your help so will sit here and watch the price now fall through the floor :-).
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OliverEngland
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February 11, 2014, 09:55:50 AM |
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Coinbase is good too.
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drippx
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February 11, 2014, 10:01:28 AM |
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I read some horrible reviews for coinbase, dont use them
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ProofOfBurn
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February 17, 2014, 01:51:00 AM |
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If you live in the US I agree that Coinbase works well. I also have used Bitstamp.net with success. Of course the price of Bitcoin has fallen the past couple weeks. But, it is often the best time to invest when there is blood on the street.
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Sonny
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February 17, 2014, 02:13:32 AM |
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I read some horrible reviews for coinbase, dont use them
Care to elaborate a bit, or share some links? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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