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Author Topic: What is the best tips for who will invest in BTC for first time?  (Read 7616 times)
starboss
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June 19, 2019, 04:27:17 PM
Last edit: June 24, 2019, 12:47:07 PM by starboss
 #1

For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??


1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?

3. What is your strategy for now in BTC? And why??

4. List me all your good tips for to start now! I will be very grateful...

Pleaseee give me tips about reinvest BTC with your own gains...
5.If I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00.... I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting? Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...


Sorry for the silly questions, but that's how you start  Undecided

PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.



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June 19, 2019, 04:36:57 PM
 #2

1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
You should prioritize choosing a safe and reputable exchange, rather than an exchange with the best prices.

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC?
Why ask us? We don't know your finances. It's completely up to you.

What is the best strategy to be a good HODL in BTC?? And Why?
It's either you "hodl" or you trade. "Hodling" might be the best choice if you don't know how to trade well(which most people don't).

3. What is your strategy for now in BTC? And why??
Earn money. Buy bitcoin.

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June 19, 2019, 04:41:29 PM
 #3

tips for investing in bitcoin
1. Invest Bitcoin in a Trusted Exchange
I am a binary exchange recommendation
2. Investment in Bitcoin on Cloud Mining
The second way, trusted bitcoin investment through purchasing cloud mining. That is to hire a bitcoin mining that has been provided by the provider, we just sit and wait for the results every day.

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June 19, 2019, 04:47:00 PM
 #4

Earn money. Buy bitcoin.

Earn money. Buy bitcoin at $2000 or $1000
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June 19, 2019, 04:54:27 PM
 #5

1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
NO! Totally NO! There are exchanges with fake price just to scam people. Or withdrawal fee too large... There are some example... just ask.

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
It depends mostly from your personal wealth and your current economical situation.
Most of the times, best way is just invest a little portion each week/month despite the price change.

3. What is your strategy for now in BTC? And why??
Already described, this is my strategy. 
But at a certain point (peak of 2017) I have exchanged a portion of my btc (I am using since 5-6 years)...

4. List me all your good tips for to start now! I will be very grateful...
- There is free cash here around Cheesy and mostly of times is not advertised (like promising airdrop of a new coin).
- The best strategy is "learn". Try to learn as much as you can, even arguments that have not an "economic value".
- Your key = your bitcoin.
- We are all Satoshi Wink

Sorry for the silly questions, but that's how you start  Undecided

PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
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June 19, 2019, 05:00:37 PM
 #6

Earn money. Buy bitcoin.

Earn money. Buy bitcoin at $2000 or $1000

I'm definitely not saying that bitcoin at $2000 or $1000 is impossible, but best of luck waiting for those prices my man.

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June 19, 2019, 05:04:33 PM
 #7


You can just buy right away and hold just like a holder, best thing a newbie can do as an investor. Nothing special about it but since the price if always going up specially at this time that the bears are almost gone, holding is enough to get some profit. Some will advise you to wait till you see the price dips before buying, if you could do that its even better. Whether you send it to a wallet you personally own with its keys, it all your way.

 
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June 19, 2019, 05:08:52 PM
 #8

I'm definitely not saying that bitcoin at $2000 or $1000 is impossible, but best of luck waiting for those prices my man.

In 2018, I had told a big buyer to buy Bitcoin at $3000 and the price fell to $2800. He was ready to buy at $5000
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June 19, 2019, 05:11:47 PM
 #9

In 2018, I had told a big buyer to buy Bitcoin at $3000 and the price fell to $2800. He was ready to buy at $5000
So assuming you're telling the truth, what makes you think you will predict things right just because you got it right once? Even a broken clock is right once a day.

Also, as far as I know, the lowest Bitcoin hit in 2018 is around $3200 so bitcoin actually never touched your $3000 signal. What exchange are you using that you saw bitcoin drop to $2800?

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June 19, 2019, 05:16:25 PM
 #10

Best tip is don’t fall into sugarcoated promise setup by anonymous, you don’t know what you’re getting yourselves into until too late, remember the bitconnect. Crypto is never lack of high profile scam.

Self hating nerd that want to escape from reality into the cyberpunk.
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June 19, 2019, 05:24:18 PM
 #11

stop investing in bitcoin to want to make profit (on your fiat) and instead start using this unique decentralized technology as it was meant to be used, meaning as a currency.

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June 19, 2019, 05:26:44 PM
 #12

Buy now and buy more at the dips. This is the best long term (>5ys) strategy.
My last years strategy was to wait until the price went lower than 5000 and then keep buying more all the way down to the lowest at 3500. I am selling almost all these coins for 2x. Some are still waiting for the 10000 jump.

Bitcoin is not a bubble, it's the pin!
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June 19, 2019, 05:29:38 PM
 #13

My 2 cents.

- Invest an amount you are comfortable with. Let it rest (well if you purely don't want to trade them).

- Don't panic when the price falls.

Thanks
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June 19, 2019, 05:31:23 PM
 #14

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
Personally, I prefer to buy small amounts regularly. By doing this, I will be able to buy bitcoin even if the price is high or low. It will all fall down to averaging my cost. It means I will have the average price of bitcoin in my portfolio.
But others will surely prefer buying everything once. Since you are a holder, this could work long term.

4. List me all your good tips for to start now! I will be very grateful...
More than anything, you must know how to keep your bitcoins safe. Your efforts will all be for nothing if you lose your private keys or somebody steals your bitcoins.

Earn money. Buy bitcoin at $2000 or $1000
If only waiting for this price to arrive is that easy. Since bitcoin is bullish now, this opportunity may not occur for a long time.

 
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June 19, 2019, 05:44:32 PM
 #15

For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??


1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?

3. What is your strategy for now in BTC? And why??

4. List me all your good tips for to start now! I will be very grateful...


Sorry for the silly questions, but that's how you start  Undecided

PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.





Best strategy to HODL? Hodl.
My strategy in BTC? Hodl.
Start-up tips? Since you already have your P.S, after you invested some, hodl.
Unless you're dipping into the waters of day trading, which is another discussion and I wouldn't recommend you to do it as a newbie.

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June 20, 2019, 03:04:44 AM
 #16

instead of focusing on HODL, profit, when to buy, when to sell,... as a beginner you should learn which wallet type and which wallet in that category suits your need and  how to set it up correctly to achieve a high security so that you don't just lose your bitcoins due to lack of initial research.

i don't know you but i have seen many newcomers be blinded by greed so much that they forget these very basic things. they end up storing their bitcoins on exchanges, in web wallets,... and sometimes get hacked and lose all of them!

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June 20, 2019, 03:18:27 AM
 #17

Buying Bitcoin For The First Time

1. Choose the right wallet and secure all the private keys and recovery phrases.
2. Go through different exchanges available and select the one that gives you
    the comfort of using and has got all forms of buying.
3. Don't buy bitcoin with all the funds, try to buy a little at present and further
    buy when there is price drop as the market is fluctuating.
4. Buying little by little gets you on an average price even when the buying is
    made when the price of bitcoin is found high.
5. Continue learning more amd more from our forum that keeps you updated
6. You could begin to trade, if you have the mind to make an earning.
7. Day by day the usage and acceptance for bitcoin is high, upon that more
    Scammers can be seen around. Don't get caught into their traps.
8. Most of the scammers make you interested with multiplier schemes, and
    don't get into greed on hearing such.
9. If you consider it a long term investment, just buy and hodl it which is the
    risk free way most of the users prefer.




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June 20, 2019, 03:59:08 AM
 #18

There is no strategy. DO IT NOW!!! If you had when you posted this you would already profit. Bitcoin is a currency. Do you believe in bitcoin and the blockchain technology? If so prove it by buying and holding bitcoin.
If you here to make a quick buck and go back to fiat again then you have missed the point and will probably lose money. If you have some money you can afford to lose use that money. The money you use to buy online... stop doing that, buy bitcoin with fiat and use the bitcoin to make your purchases online. Buy bitcoin, use bitcoin, support bitcoin.

 
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June 20, 2019, 04:10:39 AM
 #19

For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??

First of all, do not view investing as a game since this involves risking huge amounts of cash in the process. Rather than viewing it as a game, view it as something that would give you an opportunity to earn cash in a short amount of time.

Quote
1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

In looking for a good exchange, you should consider security, reputation, years of existence, and feedback from the users in the internet. Do your research before searching an exchange to buy BTC from.

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2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?

It is highly advisable that you diversify your investments by investing not only to cryptocurrencies but to other investment platforms available in the market. Another thing, only invest the amount that you are willing to risk and lose. Investing in bitcoin is considered a 'high-risk, high-reward' type of investment.

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3. What is your strategy for now in BTC? And why??

I mainly HODL my coins and purchase some BTCs depending on the historical data of its price. Also, I gather information in the market by doing market research and reading current events that may affect the trend of its price.


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4. List me all your good tips for to start now! I will be very grateful...

One thing that you should know is that investing in cryptocurrency is never too late. You should do your obligation by researching and knowing the background of bitcoin before impulsively investing and jumping in the bandwagon.

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Sorry for the silly questions, but that's how you start  Undecided

There is no such thing as a stupid question, only a stupid answer. Good luck! :-)

 
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Bes19
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June 20, 2019, 04:53:16 AM
 #20

For a beginner, i recommend to watch videos about trading or atleast read articles about trading to have enough knowledge about it. Then look for trusted exchange, and also you don't look for an exchange because they offer cheap btc coz probably that is not legit instead look for an exchange that is reputable and has a high level of security. Lastly, do not think that investing is a GAME to PLAY coz you might end up getting broke. Goodluck!

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