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Author Topic: Can i Bitcoin or not  (Read 1061 times)
gulsoom2000 (OP)
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December 08, 2019, 06:54:12 PM
 #1

I realy want to buy Bitcoin i have 5000$ give good idea plz
NeuroticFish
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December 08, 2019, 07:29:47 PM
 #2

A pretty good list of exchanges is on bitcoin's website: https://bitcoin.org/en/exchanges#international
You could start from there. Make sure you get a proper wallet or check https://bitcoin.org/en/choose-your-wallet
Also it may worth mentioning that most reputable exchanges will ask for KYC documents.

Also tutorials like this one can be helpful https://www.techradar.com/how-to/how-to-buy-bitcoins-with-bitstamp (just make sure you stay on a reputable exchange)

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abdobe
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December 08, 2019, 09:41:54 PM
 #3

I realy want to buy Bitcoin i have 5000$ give good idea plz

Well, what's your problem? Buy and be glad, sure you will be successful. However, this is not something you need to ask in the thread, this should be your personal decision
tartibaya
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December 08, 2019, 09:46:27 PM
 #4

Sign up with a reputable exchange and don't be so dependant upon others.

Your answer contains both hard and humor. I understand the reservations of people who want to buy bitcoin. But it doesn't make much sense to get in way by constantly asking someone. It can be invested with a small capital. One should try himself. Translation is one of the best guides.
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December 08, 2019, 11:07:03 PM
 #5

Getting Bitcoin is an easy process. But there are some things to be aware of. traded Exchange may request authentication. We don't give credentials everywhere. We need to be careful. Other grievances may occur.
bL4nkcode
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December 08, 2019, 11:27:32 PM
 #6

Where do you resides? I'm sure there are local exchanges for every crypto-friendly countries not unless you're came from those crypto-strict countries such as vietnam, india, russia, and etc.
For using exchanges (such as coinbase, localbitcoins.com, localcryptos.com, Bisq, Paxful, kraken, etc. ), the most annoying part is you have to proceed their kyc verification before you can buy BTC.
plvbob0070
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December 09, 2019, 01:55:15 AM
 #7

Is there any problem why you are asking for ideas of different people you don't know? If you want to buy bitcoin, you should. What's stopping you from buying Bitcoin? I mean if there's something bothering you or questions you wanna ask, be specific cause a lot of people here can help you giving their opinions... It's your money after all so you can buy if you want to.
Ann1989
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December 09, 2019, 01:59:13 AM
 #8

I realy want to buy Bitcoin i have 5000$ give good idea plz
There are a lot of exchanges you can buy from.
MURONDI
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December 09, 2019, 02:22:55 AM
 #9

I realy want to buy Bitcoin i have 5000$ give good idea plz
Are you sure you want to buy bitcoin, do you already know the risks if you invest in bitcoin, do not be easily tempted by the words of others because bitcoin isn't always profitable, there are many exchanges for buying bitcoin, Be careful before buying because there are many scam exchanges, Choose an exchange that has a good reputation.
CryptoBry
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December 09, 2019, 02:43:36 AM
 #10

I realy want to buy Bitcoin i have 5000$ give good idea plz

In case you are really interested to buy Bitcoin and you have the money, I am advising that you do it as soon as possible. I am sure you can easily find a good and reputable cryptocurrency exchange to do the transaction, maybe except if you are in a location where the government has a condescending attitude toward cryptocurrency, in which it can be difficult to do it but it is not really impossible. Good luck, man.
DreamStage
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December 09, 2019, 02:58:27 AM
 #11

Start learning from the ground up on how you can do that properly.
Isn't just giving you advice and you apply it, you might lose your investment if you dont take precautions from the start.

You need to understand what you are going to be involved into and how much scam can it be.

Search on bitcointalk about trading and exchanges.

Nothing to see here
meanwords
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December 09, 2019, 04:02:10 AM
Last edit: December 09, 2019, 09:47:53 AM by meanwords
 #12

The best strategy for you is to BUY and HOLD. We are at a good price to invest and seeing how Bitcoin grows, we could reach $10,000 in no time. That's easy profit just by holding (Assuming that you are looking long term)

Use a reputable exchange like Binance or Coinbase and store it in a paper wallet. If you are satisfied with the profit, you can always cash it out.
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December 09, 2019, 04:17:28 AM
 #13

There are cases you couldn't buy from exchanges especially if your local jurisdictions doesn't allow you to. If you want to buy bitcoin, then try first to approach what he said:

For using exchanges (such as coinbase, localbitcoins.com, localcryptos.com, Bisq, Paxful, kraken, etc. ), the most annoying part is you have to proceed their kyc verification before you can buy BTC.

If that would not be possible in your area, then try to buy from trusted member of this forum such as those who have a great reputation from escrowing funds of people. I also highly suggest you consider asking your friends first if you have some that is utilizing cryptocurrency already because believe me, they will surely help you out.
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December 09, 2019, 04:26:39 AM
 #14

I realy want to buy Bitcoin i have 5000$ give good idea plz
Find on a google search on which localbitcoin exchange. Every country there is a local exchanger or wallet that you can able to buy bitcoin but it needs you to sign up KYC verification that asks your personal details. But if you dont want to expose your identity, find an ATM machine to buy bitcoin located in your place that where you are resided at. Of course, choose a good wallet in storing your bitcoin and buy trezor or ledger nano, this is the safest way as of now.

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December 09, 2019, 04:30:14 AM
 #15

I realy want to buy Bitcoin i have 5000$ give good idea plz
what idea do you want?since you have already $5k?

but if you are asking about strategy?then better diversify like 60% for Bitcoin,20% for ethereum,10% for Binance and the 10 % remaining is for other currency that you like.









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December 09, 2019, 04:40:01 AM
 #16

I think he doesn't know that you don't need to buy a full bitcoin to own bitcoin. Basically if he has $5000 and price is $7500 he needs $2500 more to buy a full bitcoin.

I had a few friends who also made this mistake. They couldn't afford to buy BTC because it was like $15000 and so they bought Bitcoin Cash or Ethereum instead because it was cheaper, however they had no idea you can buy a partial bitcoin.

Most people in investing basically trade stocks and you can't buy half a share or a quarter of a share, so certain stocks like AMZN or GOOG which are priced at $1750 and $1300 are basically too expensive for most, so people avoid those stocks. Hence some stocks get stock splits where more shares are issued and the price is divided so its more accessible to more retail investors.

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December 09, 2019, 04:51:48 AM
 #17

Besides your desire to buy bitcoin, I can also see that you intend to buy altcoin.
https://bitcointalk.org/index.php?topic=5207838.msg53287563#msg53287563

I dont think you are a layman about it, you have been very active as a bounty hunter and you are also quite popular with some exchanges.
https://etherscan.io/address/0xcd6e0b789aec11fe5e43539fa42dbbb7a5a3a39f

If you want to buy both, then you only need to divide your capital into two parts. Buy bitcoin half of your capital and also buy altcoin half of your capital. You can find many choices at CMC and choose according to your interests in the top 10 coins and token ratings.


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December 09, 2019, 05:27:28 AM
 #18

I realy want to buy Bitcoin i have 5000$ give good idea plz

if you only have $ 5,000, you don't need to buy bitcoin first now because if you buy bitcoin with $ 5,000, you will only get around 0.66 BTC, in my opinion now you better buy altcoin like ETH and then trade to get profit from ETH so you can buy 1 BTC later from your trading profit.

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December 09, 2019, 06:19:08 AM
 #19

Lols, I just viewed your profile now, you have been around since April this year and have been into bounty too, from your experience with altcoins and bitcoin, you should know by now that bitcoin is the king and good to invest any day as compared to the rest of market.
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December 09, 2019, 06:26:44 AM
 #20

I realy want to buy Bitcoin i have 5000$ give good idea plz
So don't think go and buy bitcoin hold it and wait for the right time. Invest that money in bitcoin is the best decision that you make because bitcoin is the most good one where you can invest your money with out regretting. Buy now bitcoin and you can hold it sell it in the right time because i know bitcoin price goes bubble soon.
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