Can i Bitcoin or not

[BITCOIN4X]

I just dont understand why the OP never returned after dozens of suggestions are given since the question was published. If the OP has found the right or wrong answers that were not expected by him, then I think the discussion can still continue.
Hope to the OP coming back and giving his opinion on dozens of suggestions from this community.

[TitanGEL]

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.

In doing investment in bitcoin, we should have good risk management. $5000 is enough to start trading it but make sure that the amount that you will invest is where you will not regret it even if you lose it. I do not prefer holding bitcoin because there are many opportunities that we can have in every swing of the bitcoin. It is also good to diversify your funds and do not go all in because the risks are too high.

[richcoin888]

you can buy the bitcoin via exchange platform.
There are many platform.

[Jalinayr]

There are many ways to buy BTCitcoin likes exchangers search for Top exchangers and you can convert you money to Bitcoin. There are many ways to buy bitcoin.

[danherbias07]

$5000 is a lot of money to start with.
You might want to try buying it with a trustworthy exchange or it might just go to a waste.
How do you prefer to buy it though?

You can put more information if you want the help to be maximized. Specially the place in where you are staying. Just the country is enough not the whole address.   Some exchanges have restricted countries so we could point you to the right one if ever that is the problem.

[Youghoor]

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

First and foremost, do you just wanna buy Bitcoin and hold for a long term or short term? Secondly, how well do you know and understand the entire bitcoin space and the Biitcoin market? Do you know and understand the risks associated with buying or investing in Bitcoin? If you have no idea on the risks seen in the crypto ecosystem, please don't bother buying Bitcoin. You should first acquire sufficient knowledge about the bitcoin and understand the risks involved in investing in Bitcoin before attempting to buy or invest in Bitcoin.

[sunsilk]

First and foremost, OP you don't know how to buy bitcoin. I think you should understand the basics of it before buying with a huge amount. I want everybody to buy bitcoin but at least understand what you're trying to buy. If you're already aware of the risk that bitcoin has and you know that it's very volatile, you can proceed.

With the bunch of suggestions to you, yet you haven't come back after several days. Let's just assume that you've actually bought one and you're keeping yourself low key because you haven't replied.

[watergold]

For $5,000 enough capital you can buy it at the Binance exchange. It is a popular exchange and is rarely hit by hackers so it will be safer, if you are still in doubt in storage it is better to keep it in a cold wallet.
$7100 is the right price for now and maybe you already bought it.

[darkangel11]

Look for special offers for new users. Some also give you a referral bonus that you can tip your friends with. You're getting $9 on coinbase for every user who registers from your referral link, which means you can surprise your mates and order a pizza for each of them with the money you get for their registration. Just a fun fact you can use if you're really planning to invest.


As for the investment itself, I say do it. You don't have to spend all your money at once. Maybe buy BTC with 1k and keep the rest for now and watch the market. We could still fall to 6000 dollars this year before finally going up so there could be a chance to buy lower.

[Assface16678]

For $5,000 enough capital you can buy it at the Binance exchange. It is a popular exchange and is rarely hit by hackers so it will be safer, if you are still in doubt in storage it is better to keep it in a cold wallet.
$7100 is the right price for now and maybe you already bought it.

Today the price of the bitcoin falls, and many investors pulled out their money to secure their profit that still they can be used and not hold. If you are holding a five thousand dollars and with the price of the bitcoin is low. I think it is a good investment because if the bitcoin rise back. The money you will invest will go up to that is a large amount of profit to you, the altcoins are a good decision too for investment because the price is volatile also but does not give you a vast profit, unlike the bitcoin.  Still, it depends on your trading style and how do you can handle your income and earn better to consult people already experience a lot of trading and give you concrete advice.

[pixie85]

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.

And what if it goes down to 5000 dollars and he buys now at 7. Do you believe he'll be strong enough to hold?
How many people who bought for 20 thousand still hold those coins? Probably none because that's human nature. You can survive a beating but if it gets too severe you'll break.

He might hold at 6000 5500, but if we fall to 4000 and he sees that he's almost 50% down in just a month or two he'll break, sell and lose it all. Holding is only for the strong.

[Colt81]

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

With an amount of $5000 you can already buy bitcoin and it is also enough for that kind of price. Anyone can really buy bitcoin, as long you can take the risk and have a dedication to continue to buy bitcoin even we are facing bearish market because there are a lot of people who wanted to buy bitcoin, but they did not take long because they are scared in taking a huge risk.

[tungaqhd]

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

You should choose trusted exchange to buy such large amount of Bitcoin. I often use remitano and localbitcoin which have good escrow system. You should not buy directly form any person.

[Aikidoka]

Go for it man, you'll never regret buying bitcoin with 5k$. I'm sure that with this current price you'll make a good profit in just a few months because bitcoin will increase, according to my experience, there's a lot of good exchanges that makes you buy this quantity of bitcoin in just few minutes. If I had really a good amount of money like you, I'll for sure buy a lot of bitcoin as the price is still low right now, I think it's really a good opportunity to buy now.

[diazepam666]

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

if you ask me I will say this is the best time to buy the Bitcoin and you can make the. Decent amount of profit by investing on Bitcoins if you turn it back after few months.

when you are planning to invest on any cryptocurrency you just need to examine what is the profit ratio you can make with the coin value investing on it because we don't know what is exact value it will reach tomorrow.

[BIT-BENDER]

Buying Bitcoin will never be a bad idea and you got good amount to use at your disposal the Price is $7100 or there about so thing are not all good. Your capital of $5000 can maybe get you one Bitcoin if you can only be patient and Wait hoping the Price drops

[millennium00]

Before investing you should carefully analyze your decision, at this time the price of BTC is somewhat low and it may be appropriate to buy, however, there are no guarantees that the price will rise.

You can also consider investing in some new Alternative cryptocurrencies, where you take risks, but the rewards can be very high.

[Maslate]

Before investing you should carefully analyze your decision, at this time the price of BTC is somewhat low and it may be appropriate to buy, however, there are no guarantees that the price will rise.

You can also consider investing in some new Alternative cryptocurrencies, where you take risks, but the rewards can be very high.

Study the market first and if you think you are ready to take the risks, invest on bitcoin which i think will be very profitable in the next days. But you should get first a reputable exchange so you will have an assurance that you will not be scammed in the end.

[taufik123]

I think this thread has ended and there is no need to answer the OP's questions about him wanting to buy bitcoin with the $ 5,000 he has.
he already got the answer from the members who have commented a lot.
If this discussion is continued it will become a place for spam and discussion will out off topic.

[diahsw]

well this is the right time to buy bitcoin, now you have to register on a good and reliable exchange, after that you can only start trading .. !!