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Author Topic: Can i Bitcoin or not  (Read 1059 times)
Ridwan Fauzi
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December 09, 2019, 12:36:29 PM
 #41

I realy want to buy Bitcoin i have 5000$ give good idea plz
So, just buy it and save in your wallet it is really simple way, what are you waiting for?

If you need a reason then I think you should learn first about bitcoin and how you got interested to it. Don't rely on other people for you make a decision you'll be chagrined eventually. Just make a decision by your idea and when you have bought it, it means you will accept everything what will happen.
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December 09, 2019, 12:36:57 PM
 #42

You better buy when the price of Bitcoin around $ 7000 for a price of under $ 7000 better because I think it is safer when you want to buy a bitcoin do you buy bitcoin when prices above because it is very risky because when you buy a bitcoin when prices go up you should buy bitcoin when the price falls. You can buy bitcoin in binance, bittrex, Coinbase, kucoin and Bitz.


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December 09, 2019, 01:04:51 PM
 #43

I realy want to buy Bitcoin i have 5000$ give good idea plz
Everyone can really buy bitcoin it depends on you if you can take the risk because a lot of people wanted to try to buy bitcoin, but in the end they all scared in taking a huge risk because their losses would increased. A 5000$ is too much in buying bitcoin, so it will be worth it if bitcoin started to increased it's price in this year of 2019 or next year of 2020.



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Rainbot
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December 09, 2019, 01:31:45 PM
 #44

I realy want to buy Bitcoin i have 5000$ give good idea plz
Everyone can really buy bitcoin it depends on you if you can take the risk because a lot of people wanted to try to buy bitcoin, but in the end they all scared in taking a huge risk because their losses would increased. A 5000$ is too much in buying bitcoin, so it will be worth it if bitcoin started to increased it's price in this year of 2019 or next year of 2020.
Have you got good feeling with bitcoin have higher price for bitcoin later or become bad thing by invest your money in bitcoin because price can be down, if I like you I will invest all my money not only with bitcoin but also with several altcoin, give chance for several investment like use for bitcoin investment with $1k and other investment for altcoin because I keep mind don't put your eggs in one bracket.
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December 09, 2019, 01:47:37 PM
 #45

For me it's better to have some knowledge of bitcoin first, So that you won't regret it eventually.

I have also seen many newcomers experience loses on investing in bitcoin due to lack of knowledge that should help them be successful in investing in bitcoin.
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December 09, 2019, 02:05:21 PM
 #46

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

Since this is a big amount, you will have to undergo a KYC for you to exchange that amount, and like all the other comments, buy Bitcoin in a reputable exchange, Binance and Kucoin are two highly reputable exchange that you can buy Bitcoin, and by the way congratulation for buying Bitcoin at the right time.

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December 09, 2019, 02:08:47 PM
 #47

Nice timing OP buy now before the next bull run happens as what predictions said if you just decided to invest in this digital gold go for it, if you want more info about btc this forum has a lot of useful information you can learn from being a beginner to expert or you can go to some very useful website like this one https://bitcoin.org/en/getting-started 

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December 09, 2019, 02:10:27 PM
 #48

I realy want to buy Bitcoin i have 5000$ give good idea plz
Go localbitcoins.com or paxfull.com then create an account and buy bitcoin.Or you can use others sites but these are safe IN my view.if you have money in PayPal,skrill,nettler etc. Then go to currency exchange and exchange your money to btc. But you should use escrow to avoid scam.         

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December 09, 2019, 02:35:19 PM
 #49

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

For now, do some research for you in able to avoid asking some kind of question that are the same from other thread. Do search like the topic you have to avoid same thread.

For now that was good for you to buy because of the cheap price then hold it to the moon but we cannot say when was that.



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December 09, 2019, 02:38:21 PM
 #50

Nice timing OP buy now before the next bull run happens as what predictions said if you just decided to invest in this digital gold go for it, if you want more info about btc this forum has a lot of useful information you can learn from being a beginner to expert or you can go to some very useful website like this one https://bitcoin.org/en/getting-started 
Honestly bitcoin could go as far as it can, as long as we support it. Bitcoin's price is quite stable on a short price point this year just moving around $7000 to $9000, it is safe to buy now and is sure for the future profit knowing the bull run did not happen the previous year so it is much anticipated next year. The internet offer so much of information about the bitcoin, you can just search basically everything.
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December 09, 2019, 03:03:26 PM
 #51

before buying you should ensure your potential ability if you make a purchase, such a large fund may be very good if it is managed to the maximum, but it is best if you cannot manage these funds then you could lose money. so I think make sure your ability to invest in bitcoin, if you are a beginner in investing then use a little funds to learn good investing techniques

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December 09, 2019, 03:04:44 PM
 #52

Welcome to the world of cryptocurrency. the safest Crypto to invest in is BTC. people with more capital hold higher BTC percent because they want to stay somewhat risk adverse in the space. There is a reason BTC dominates 67 percent of the entire market. to new guys I recommend either just buy BTC and hold, or go 70 percent BTC, and the rest can be altcoins of your choice. at the end of the day all other coins are standing on the shoulders of Bitcoin.

Further, I highly recommend not day trading, as its very hard to get into and costly with high risk. But if you do, for the love of god, buy low, sell high. don't sell when the price is dropping, sell when the price is going up, buy when the price is going down.
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December 09, 2019, 03:27:31 PM
 #53

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

It's better if you register first in an exchange to be able to buy bitcoin, I think binance is very good as a good exchange reference, but others also have good priorities, you can choose it.

I think right now it is the right thing to buy bitcoin even though it is currently in a state of consolidation this possibility because the end of the year and Christmas is near so market movements are not too significant you can use that to buy bitcoin at a low price.

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December 09, 2019, 03:54:25 PM
 #54

If you're new to invest In Bitcoin then I would suggest you first understand the market situation of Bitcoin if you're an old investor then probably have a better understanding about Bitcoin and cryptocurrencies it's very simple procedure there are some major cryptocurrency exchanges where you can buy if you're looking for long term holding then after buying BTC immediately withdraw atleast 90% of your bought amount in your personal BTC wallet so that would be great for you.
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December 09, 2019, 03:58:25 PM
 #55

If you're new to invest In Bitcoin then I would suggest you first understand the market situation of Bitcoin if you're an old investor then probably have a better understanding about Bitcoin and cryptocurrencies it's very simple procedure there are some major cryptocurrency exchanges where you can buy if you're looking for long term holding then after buying BTC immediately withdraw atleast 90% of your bought amount in your personal BTC wallet so that would be great for you.
This is what OP should do first because no matter how good bitcoin is if someone doesn't know how this thing's work, it's still not working in the long run. OP may blame us or the bitcoin again just like what others did in the past because they don't know what they are in. Invest only if you truly understand the market.

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December 09, 2019, 04:16:20 PM
 #56

$ 5,000 is a big amount to buy bitcoin, you might be able to visit binance and you can try trading there or you just buy to hold.  it's your choice, but binance can be a good choice for you to buy bitcoin

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December 09, 2019, 04:26:40 PM
 #57

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

Are you confident that you can handle this amount safely? From your question, it looks like you are new to trading and for all new traders, sincere advice is never to start with big capital. First start with a small amount, if you feel you are getting success then inject more money. In this way, slowly but surely you will learn trading along with making profits.

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December 09, 2019, 04:28:46 PM
 #58

Bitcoin is for everyone and $5K is a good capital to start with. Link your bank with some trusted exchange or meet some local dealers to get your first share of bitcoins.
Bitcoin is a rare asset the early you buy, the best price you get. As time progresses, it would become more costly.
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December 09, 2019, 04:42:22 PM
 #59

I realy want to buy Bitcoin i have 5000$ give good idea plz
I think it was a great time to buy bitcoin since the market price of bitcoin was so low in this month I think it will be a good opportunity next year for the bitcoin market price to recover.
Also, I recommend investing it for a passive income since 5000$ was already a great amount of money to start a business or a passive income I think it was a more accurate profit than investing it in cryptocurrency.
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December 09, 2019, 04:43:30 PM
 #60

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

I don't see the problem, there are several exchanges you can use to buy bitcoin. In fact you could even do it here in the forum using someone as escrow (the very old fashioned way). But it think it would be easier for you to use something like localbitcoins.

As for fraction bitcoin, there is no problem. Every bitcoin is composed of 100 miliion satoshis, you have 8 decimals in there...

OR, you can spend that money in a couple of (modern) asic miners and wait until they reach return of investment, and after that anything produced is net worth. Depending on the price of electricity in your place, 5¢ or less per kW/h should be good.

If you live in one of the countries with really cheap electricity (or you happen to have renewable or otherwise "free" electricity), you can also buy used S9 miners for about 100$ each. You could get 50 with all that money, but you must use a part for the electrical installation, ventilation of the place etc.

If you are smart, you would diversify. Perhaps a portion in miners, and a portion in simple coin hold. But you need discipline and wait for good results.

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