stompix
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December 09, 2019, 08:01:28 AM |
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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.
Oh, really this is how it works? So it doesn't make sense to buy 6 gr of gold either, because you must buy an ounce, on no a pound...a full kilogram!!! That's it! Or...do you need to buy a ton? Seriously, are you stupid? If you buy 5000$ worth of BTC and the price of BTC doubles you get double in profit. If you buy 7500$ worth of BTC and the price of BTC doubles you get double in profit. Same for any amount of BTC, you don't have to buy a full BTC! As for OP, If you have been around this forum for almost a year and you're asking if you can buy bitcoin or not...I doubt any of the above responses will be able to help your cause.
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piebeyb
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December 09, 2019, 08:10:55 AM |
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you can find ways to buy bitcoin, whatever language you will find it, in my country even I have written it in my country's language how to buy bitcoin, where do you live? did you not find a tutorial about it, search google or information from this forum, this question is often asked, but you do not seem to be new people where you usually sell your bounty token, confusing
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Trade on the go. Anywhere, anytime.
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Sanugarid
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December 09, 2019, 08:27:05 AM |
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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. You can do that if you predict the price or bitcoin to rise. Unfortunately, no one can predict when it will happen again. So you better play safe and focus temporarily on the alt coins rather than bitcoin. Bitcoin still have the possibility to reach or overlap its price since 2017 from $10k. For now, hold some of altcoins since there is no chance for bitcoin to develop nowadays. Maybe 8 to 10 years from now, but we're hoping for a fast comeback.
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longyenthanh
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December 09, 2019, 08:28:01 AM |
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I realy want to buy Bitcoin i have 5000$ give good idea plz
If you are experience crypto trader then it's fine to start with this huge money else my honest advice is to learn crypto trading first. A newbie coming with such huge money with little or no knowledge of trading may end my losing majority part of his investment. Good luck
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onyek16M
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December 09, 2019, 09:22:05 AM |
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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. yes, alright. if you really want to buy bitcoin, you can buy in local exchange because if any problem you can complain and fix it as soon as possible. or not want to use local exchange? you can choose the top level in coinmarketcaps, many recomendations exchange in there. for now, buy bitcoin have high risk, please think again before you buy it
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Kupid002
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December 09, 2019, 09:31:14 AM |
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I realy want to buy Bitcoin i have 5000$ give good idea plz
If you are experience crypto trader then it's fine to start with this huge money else my honest advice is to learn crypto trading first. A newbie coming with such huge money with little or no knowledge of trading may end my losing majority part of his investment. Good luck Its actually hard to a new traders to start with that amount. Op should know the possiblity of what is possible to happen. If he only invested in BTC just to increase that a wrong idea , many people do that before but instead of profit they lost because they are buying at high price. Even the price is stable right there is no way people will know what will be the market movement.
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angrybirdy
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December 09, 2019, 09:48:31 AM |
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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.
It only shows that even if he is in this field for how many months, he still lacks the knowledge to at least decide for himself when it comes to this situation. Well, he is still a newbie, we can't blame him. OP, if you have enough money to buy bitcoin, don't just spend it or make a rash decision. We all know that investing in bitcoin is good, but you still need knowledge and the right timing to do it.
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gabmen
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December 09, 2019, 10:14:18 AM |
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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.
It only shows that even if he is in this field for how many months, he still lacks the knowledge to at least decide for himself when it comes to this situation. Well, he is still a newbie, we can't blame him. OP, if you have enough money to buy bitcoin, don't just spend it or make a rash decision. We all know that investing in bitcoin is good, but you still need knowledge and the right timing to do it. Well the guy's willing to spend 5k in bitcoin. It's okay to ask other people's opinion, especially here where a lot of people can be considered as experienced traders and crypto users for the longest time. I think the question is pretty simple as to where he can get btc with his funds. He probably has an idea but want other people's suggestion as well. The only thing for me is, don't base the decision on what others say. Keep their tips in consideration but make your own decision based on your own research and study.
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wildan88
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December 09, 2019, 10:33:16 AM |
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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.
It only shows that even if he is in this field for how many months, he still lacks the knowledge to at least decide for himself when it comes to this situation. Well, he is still a newbie, we can't blame him. OP, if you have enough money to buy bitcoin, don't just spend it or make a rash decision. We all know that investing in bitcoin is good, but you still need knowledge and the right timing to do it. its hard to determine the right time, sometimes the longer we think of waiting for the right time, its value will increase from time to time. I often experience this when I want to buy bitcoin and sometimes doubt, often delaying getting the right time. if in doubt partial buy is a good way. we can only see the potential going forward, so now is also the right time to buy.
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Lucius
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December 09, 2019, 10:43:07 AM |
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Some may find it odd that the OP asks such a question, but the fact that someone has been on the forum for almost 8 months does not mean that he has learned something, especially since he spends his time on bounties. So it's no wonder he needs advice, maybe about how and where to buy, or about the eternal question "should I invest in BTC now, or wait for a better price?".
My advice to him is to not invest such money in something which he obviously doesn't understand enough. It may be easy to invest in BTC, but what about the security of those coins? $5000 worth of BTC is not something you should keep in desktop/mobile wallet, not to mention the risk of online wallets.
Learn what it is, how to use it and how to be your own bank, then invest - everything else is wrong.
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xvids
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December 09, 2019, 10:43:42 AM |
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I realy want to buy Bitcoin i have 5000$ give good idea plz
If you really want to buy it then buy it I don't see any other reason for you to doubt it. If you worry about the price or waiting for the price to crash before you buy it then no one could guaranty it .
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BeManga
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December 09, 2019, 10:54:23 AM |
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I realy want to buy Bitcoin i have 5000$ give good idea plz
if you really want to invest in bitcoin it is better to start in basic and learn more about it learning the basic can become your foundation in crypto and avoid being shaken by other people speculation or opinion there are incoming halving next year and i think this is really a right time to buy bitcoin but don't invest all in one time and monitor the market look or search for a reputable exchange where your payment method is available then store it in a secure wallet
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killerfrost
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December 09, 2019, 10:56:56 AM |
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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. 5000$ is a pretty big investment for everyone. I think it is enough to invest in BTC. When I started participating in this market, I only had over 1000$ to buy BTC and altcoin
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SummerBliss
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December 09, 2019, 11:03:30 AM |
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I realy want to buy Bitcoin i have 5000$ give good idea plz
First of all ask yourself a question. Can you live by even if you completely lose these $5000? Would your financial position be solid after losing these $5000? If the answer is yes then comes the procedure of buying Bitcoins using these $5000. The procedure of buying depends more or less from country to country but If you are from US you can buy it from Coinbase. Then use 80% of your funds to buy bitcoin. Use Remaining 20% to buy some cryptocurrencies which are low valued but popular like TRX, ChainLink, Stellar etc. This way your investment would be pretty secure and you would be able to move with the market.
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Wapfika
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December 09, 2019, 11:14:42 AM |
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Do your own research as much as possible, don't follow links abruptly you may end up getting hacked. There are exchanges like Binance or mobile wallet that will able you to buy and sell. I use one local wallet on my area and use it forfor transfering on other exchange.
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HarmonyA
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December 09, 2019, 11:30:24 AM Last edit: December 09, 2019, 12:33:40 PM by HarmonyA |
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I realy want to buy Bitcoin i have 5000$ give good idea plz
Every investment requires good knowledge of it before diving in. The money you have now is a headstart. Make enquiries from investment platforms, study investment analysis. Also, You can buy in fraction, but you should be ready to engageyin long term investment. Because that will help you not to panic in this era of volatility. Go all in to purchase bitcoin with you available fund, and use a blockchain wallet to store it for Safety, do not keep it in crypto exchanges of mobile wallets.
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zulfi125
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December 09, 2019, 11:36:28 AM |
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This is the best time to buy Bitcoin because crypto adoption is growing day by day in different counties and companies, but I suggest you invest little amount, then wait for a dip and then buy more. I hope in 2020 will the crypto year, and everyone will adopt crypto.
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Astvile
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December 09, 2019, 11:59:59 AM |
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I realy want to buy Bitcoin i have 5000$ give good idea plz
What idea do you need? some help on trading or you need suggestions on where to buy bitcoins using your money? Go look for top exchanges like binance and bitfinex. Don't buy in a rush and at least wait for the dip before entering so you can feel safe in investing in bitcoin. Goodluck.
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marcous
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December 09, 2019, 12:00:46 PM |
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if you want to really buy Bitcoin please go to the top exchange or exchangers in your country it will be easier. And the price of Bitcoin is quite stable at current prices. or if you are afraid of the risk of loss, use half your capital and the other half to backup if the price of bitcoin down. If you choose the long term, prepare your capital and mentality with the risks
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White Christmas
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December 09, 2019, 12:21:43 PM |
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I realy want to buy Bitcoin i have 5000$ give good idea plz
If you really want to buy bitcoin then probably you must have first and online wallet in order to buy bitcoin in some exchangers. Just for example in my country I am using coins.ph which is a online wallet that provides an exchanger which you can buy bitcoin anytime as long as you have an account and you have enough ID to verify your identity. Buying bitcoin in a very large amount is very risky and it is better to just ask some tips and guidelines because at the end of the day you will be the one who will decide for your money.
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