is buying crypto with fiat a good idea?

[BlackFor3st]

If you have no other options then you have no other choice but to use fiat in buying crypto currencies. The same to what I am doing, but if you are a risk taker then there are plenty of options that you can choose like 1:1 ratio of exchange without any fees to pay.

You can create a thread that you would like to exchange fiat to any currency that you like in currency exchange section but you need to be wise if you are going to do it, so the risk is there but if you know how to execute it correctly then you are good to go.

[ethereumhunter]

Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

I think now is a good time to buy crypto with fiat and you can do in the exchanges. I don't know about changelly because I don't buy at that site. But I prefer to exchange crypto to crypto or crypto to fiat at the exchange, so then I can send the money to my bank account. You need to search the other way than to use changelly because who knows, you can get a lower fee than you can expect it.

[Zionatin]

You can just trade on a low fee crypto exchange and withdraw as eth or btc and sell it on localether or local bitcoin for fiat.
If you want to buy crypto with fiat it is the other way around. It will not be anywhere near 7% I can assure you on that. Have fun and you have made a great choice to buy crypto good job!!

[Ucy]

Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

70% to exchange from fiat on changelly?  How did you arrive at the number? If this is true that means I will be charged $70 to  transfer $1000?  I don't believe this.
Been a bit long I used the exchange though.

[irixo10]

Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

Although it is good to buy crypto with fiat as it goes contrary to what people think of it. But however, with such charge it is not encouraging and again means buying from exchange is a better option. So I will suggest you buy from exchange and save unnecessary costs. Maybe one day, they will get it right but till then let's go with the best option.

[Jolly.Roger]

Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

I think that in the case when the cryptocurrency grows after the purchase it seems a great idea, if it falls, and even a high Commission, the idea seems just awful

[terencio]

From the start you have to buy your Bitcoin or Ethereum through fiat and after that you can buy crypto to crypto which is a lot less expensive.

[Wipangga]

yes I think it's also a good decision to buy krypro with fiat money, because I also believe that the benefits of krypto are also very good in the way I trade, for me it is also a good decision to get benefits

[pixie85]

7% fee is too high don't pay that much!

If you really want to spend fiat to buy crypto and do it with no fees try to contact some traders directly and exchange in person. You will hand them money and they will send you coins to a given address. You will agree to exchange rates.

There's really no other way to buy crypto because you have to get it from somewhere and all exchanges have their fees because they wouldn't be able to keep the platform running without them.

[ganeshramk]

Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

Until certain extent it's fine to buy crypto using fiat. Picture of you are a beginner, then you don't have choice except fiat. Calculative risk is always good.

[cryptoperkele]

Now i am confused, what else would you use to buy crypto then fiat money? I've always used fiat.

[Bezobraznike]

  I`m buying crypto-currencies with fiat. I`m buying with extra money from my salary. Maximum that I bought is with 200$, usually I invest around 50-100$ per month, that depends from
my salary and bonuses I make, of course with my family needs. Sometimes I can spent less, sometimes more, but I`m trying to invest every month at least some money in some crypto-
currencies.
   I`m doing that for 2 years and for now I made good results. My portfolio is growing, maybe slowly, but it`s growing.

[sl8]

How can you buy crypto differently? Of course yes. Even if you work and you are paid with crypto, still you buy it with your fiat (time = money).

[Coltpython]

Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

First, why use changelly? Is there no other cryptocurrency exchange in your area that you can use? If you have a problem with changelly fees, why not use another exchanger or try speaking with the customer care agent at changelly (although, I highly doubt if this will yield any positive result as regards reducing their fees for you to be able to purchase).

[Rinso]

i think it's the basic step to buying crypro with fiat bro. you just need find some exchange or channel with a good deal about fees.

[johnwhitestar]

Have a look into the fees of Bitstamp, for instance, here if you are not buying with credit card the fees are much more convenient than 7%. If not you can try Localbitcoins as well.

I also agree with the opinion expressed by many people here, that generally speaking crypto should be a very good investment, if we consider profits that were possible over time in the past. But please keep in mind that the future profits are never guaranteed, so the past is the past and the future is the future.
Another aspect is what you are investing into. Non every crypto-currency is a good investment. So please do very well your home work and never invest more than you can afford to lose (you probably already know these principles).

Having said that I personally believe that the crypto is a very good investment compared to fiat.

[Ferris419]

You have to take the profitable ones, right? It seems it is better to buy through crypto than fiat. Though I don't use Changelly, so I suggest you take Binance services. Binance has many options nowadays to buy crypto with the fiat pairs. If changelly suits you more then you may buy from there.

[rodel caling]

Now that crypto coins are experiencing a price decline, it is indeed a good moment to make a purchase, but we also have to use a strong analysis of this, so we have a good idea to make a purchase, especially if you want to buy it using fiat.

Strong analysis and study well before making decisions is the key to avoid loses, yes at this moment we're experiencing a price decline a little due to the effect of bitcoin price is also drops slightly and now is the great time to buy coin but again analysis and study well the coins op want to buy for their investment and also pick the best exchange have low fees specially depends in the location where op resides.

[Menawi12]

Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

While there are a lot of crypto prices that are going down now, I think buying good altcoin with fiat is a good decision. At some exchangers, now we can buy crypto with a credit card or debit card and that gives us convenience. Regarding the transaction fee which reached 0.25%, I think the rate is still reasonable

[etherclassic]

Hey! I want to buy some crypto with fiat and I want to know if it's a good idea. For example, to exchange crypto to crypto is just 0.25% fees on changelly. On the contrary, it's 7% to exchange it from fiat. It's a huge difference! What do you think about it?

Well i think if you want buy cryptocurrencies using fiat money you must buy on the market which gives small amount of fees, i think buy cryptocurrencies using fiat money is good ideas because cryptocurrencies especially bitcoin will protect your money from the inflation as we know that bitcoin is deplation bitcoin has limit of numbers around the world than fiat money on every countries, even we don't know the reasons why the government print fiat money.