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Author Topic: Best way to buy Bitcoin (since halving is coming)  (Read 744 times)
rexxarofmoknathal
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March 14, 2020, 07:04:46 PM
 #21

~snip~

Hi, pezdspense. Think carefully before deciding to buy bitcoins for cash, as this leads to loss of anonymity, which is very important for cryptologists. Think about purchasing bitcoins in small batches to minimize the risk on one of the trading platforms of undemanding KYC.
Undoubtedly, today is a very good opportunity to buy cheap Bitcoin before the next halving, since prices have decreased by more than 30%.  But regarding the provision of passport data at the time of purchase, Bitcoin scares few.  I personally do not see anything wrong with what KYC will require for me when buying Bitcoin for cash.  Moreover, in my country there is no state ban on the use and trade of cryptocurrency, although there is a minimum amount for which additional documents may be required.  but for me it’s not cretical.  Why are you so negative about Kyc and afraid of it?

I bought it and it already cost more.
What a fantastic opportunity for lazy investors like me Wink

Well, just hope that this opportunity as you see it at the moment won't change against you, and trust me we all have experienced this - buying when things seem like will pick up. I do think that despite what the future holds, its a good investment but it will all be long-term, maybe months maybe years  Huh

I'm optimistic that one day, though you and other believers like me will reap off the benefits of buying in now!





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March 16, 2020, 03:24:04 AM
 #22

do not but btc now, wait for at least 2 weeks!

I was planning to buy on weekend.
I guess it should not go below $6000 a lot.
To me it looks like it will slowly grow from now on.

I am shorting BTC now as if u compare ur life with the assets like Gold, BTC or some others, life is ur Priority 1.
You know that the coronavirus19 is still in a dangerous state, if you live in Europe, u will sell BTC or some other assets to buy some urgent goods like surgical mask and foods.
In addition, how about the situation if the founder of BTC, ETH and Atom getting coronavirus? How about the situation if Trump getting coronavirus? It will be a huge catastrophe for our economy. If the economy is down which means not so much demand in the world. Which direction will the assets price go? The answer is down!
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March 16, 2020, 04:09:48 PM
 #23

Undoubtedly, today is a very good opportunity to buy cheap Bitcoin before the next halving, since prices have decreased by more than 30%.  But regarding the provision of passport data at the time of purchase, Bitcoin scares few.  I personally do not see anything wrong with what KYC will require for me when buying Bitcoin for cash.  Moreover, in my country there is no state ban on the use and trade of cryptocurrency, although there is a minimum amount for which additional documents may be required.  but for me it’s not cretical.  Why are you so negative about Kyc and afraid of it?

How can we guess, Satoshi was a cypherpunk and supported the idea of right to privacy. The idea of Bitcoin is that it cannot be regulated, but the U.S. government has always fought against the right to privacy and found the only possible method to control bitcoin transactions using KYC. Think for yourself in the financing of terrorism and drug trafficking can be used the dollar as it is still doing today.
I also do not mind advocating privacy, and I would also like the government to control my financial turnover.  But it seems to me that cryptocurrency risks staying in demand only on the black market if the state cannot control the cryptocurrency market.  I really understand that the government wants to maintain a monopoly on printing new money, and the use of Bitcoin, which has a limited amount, is contrary to their plans.  Nevertheless, in the world, everything happens not as we want.
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March 17, 2020, 05:54:28 AM
 #24

I also do not mind advocating privacy, and I would also like the government to control my financial turnover.  But it seems to me that cryptocurrency risks staying in demand only on the black market if the state cannot control the cryptocurrency market.  I really understand that the government wants to maintain a monopoly on printing new money, and the use of Bitcoin, which has a limited amount, is contrary to their plans.  Nevertheless, in the world, everything happens not as we want.

The government can control your funds if you allow them to link your identity to Bitcoin addresses. If you have never been through KYC, using a VPN, Tor, it will be much harder. So it's up to everyone to determine their own level of privacy when using a Bitcoin and altcoins.

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March 17, 2020, 07:15:19 AM
 #25

you can buy directly on exchanges or OTC? E.g. coinbase, gemini...

Now imo its a great time to buy, literally price halvening before the halvening
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March 17, 2020, 08:42:20 AM
 #26

I bought it and it already cost more.
What a fantastic opportunity for lazy investors like me Wink
well, what a brilliant move,u buy it when the market panic by corona virus. dropped instantly from 7000 to 5000++ its a the best chance on this week i guess,even though i am not sure about promising profit about this halving,since this halving its like in the middle of world disaster.As long u have a stronghand,u should no worry about it.

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March 17, 2020, 03:51:26 PM
 #27

do not but btc now, wait for at least 2 weeks!

Hope OP listened to your advice. It's true that at this moment it's a quite risky to buy btc (or any crypto altcoin) cause market is moving so fast and i think also it'll be good idea to buy btc when market will be stabilize again. May be end of this month is the best option (in my opinion).
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March 17, 2020, 05:21:06 PM
 #28

I also do not mind advocating privacy, and I would also like the government to control my financial turnover.  But it seems to me that cryptocurrency risks staying in demand only on the black market if the state cannot control the cryptocurrency market.  I really understand that the government wants to maintain a monopoly on printing new money, and the use of Bitcoin, which has a limited amount, is contrary to their plans.  Nevertheless, in the world, everything happens not as we want.

The government can control your funds if you allow them to link your identity to Bitcoin addresses. If you have never been through KYC, using a VPN, Tor, it will be much harder. So it's up to everyone to determine their own level of privacy when using a Bitcoin and altcoins.
It seems to me that the situations in each individual country are completely different, because cryptocurrency users are constantly complaining about this.  For several years of my activity in the cryptocurrency market, I constantly use bank cards to buy Bitcoin or withdraw cryptocurrency to Fiat, living in Ukraine.  At the same time, I do not feel any infringement of my rights, and yet in my country, cryptocurrency is recognized by the government and perhaps that’s all said.
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March 17, 2020, 05:52:26 PM
 #29

do not but btc now, wait for at least 2 weeks!

Hope OP listened to your advice. It's true that at this moment it's a quite risky to buy btc (or any crypto altcoin) cause market is moving so fast and i think also it'll be good idea to buy btc when market will be stabilize again. May be end of this month is the best option (in my opinion).
What? I dont understand what you are trying to suggest. We know that investing in crypto is very risky but I think it is the right time to buy in the market since the Bitcoin price is very cheap. It is the right time to accumulate and save more while the price is down.
Well, back to the OP's question, I suggest using the Binance exchange platform is the best to buy 2 BITCOIN. It doesn't need to have KYC because you are in the minimum of buying.

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March 17, 2020, 06:03:58 PM
 #30

It seems to me that the situations in each individual country are completely different, because cryptocurrency users are constantly complaining about this.  For several years of my activity in the cryptocurrency market, I constantly use bank cards to buy Bitcoin or withdraw cryptocurrency to Fiat, living in Ukraine.  At the same time, I do not feel any infringement of my rights, and yet in my country, cryptocurrency is recognized by the government and perhaps that’s all said.

I live in Russia and our laws are not very different from those in Ukraine. Satoshi gave us the opportunity to use Bitcoin without having to go through the KYC process, but we create the links between our personalities and BTC addresses ourselves.

At first, I didn't think about privacy myself and let some exchanges get my documents. This way they were able to link my identity to some BTC addresses.

Now I have changed my attitude to KYC and stopped using those accounts to break all these connections. If I had learned about bitcoin privacy before I started using it, I would never have gone through the KYC process.

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March 17, 2020, 10:27:41 PM
 #31

do not but btc now, wait for at least 2 weeks!

Hope OP listened to your advice. It's true that at this moment it's a quite risky to buy btc (or any crypto altcoin) cause market is moving so fast and i think also it'll be good idea to buy btc when market will be stabilize again. May be end of this month is the best option (in my opinion).
What? I dont understand what you are trying to suggest. We know that investing in crypto is very risky but I think it is the right time to buy in the market since the Bitcoin price is very cheap. It is the right time to accumulate and save more while the price is down.
Well, back to the OP's question, I suggest using the Binance exchange platform is the best to buy 2 BITCOIN. It doesn't need to have KYC because you are in the minimum of buying.

I think not only Binance qualifies for that, there are other medium exchanges that can fulfil his order. But remember, don't forget to transfer your funds to your own wallet after trading. Don't let your btc sit in the exchange. 2 btc is already easy on the eyes and they might flag your account for no reason.
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March 17, 2020, 10:57:14 PM
 #32

Instead of cash why not buy with Credit/Debit cards? A lot of platforms are offering these services. I heard Binance is offering it but since you are in US try Binance US I am not really sure if they have that feature. Some wallet like Wirex, Atomic wallet you can buy there with credit cards but it need KYC and of course, check the rates if you are okay with it, sometimes their rate from current price has a big difference.
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March 17, 2020, 11:28:25 PM
 #33

Why should you look for individual sellers, wouldn't it be better for you to buy it at a local exchange because it is a safe way for you to buy. Be careful to spend large amounts of money because it will be very risky and always check repeatedly before you make a transaction and also, buying now is a good idea and indeed we have to buy at a low price like now even though in the near future prices still have the potential to go down more low but that doesn't matter because eventually the situation will change more positively.

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March 18, 2020, 09:27:13 PM
 #34

do not but btc now, wait for at least 2 weeks!

Hope OP listened to your advice. It's true that at this moment it's a quite risky to buy btc (or any crypto altcoin) cause market is moving so fast and i think also it'll be good idea to buy btc when market will be stabilize again. May be end of this month is the best option (in my opinion).
What? I dont understand what you are trying to suggest. We know that investing in crypto is very risky but I think it is the right time to buy in the market since the Bitcoin price is very cheap. It is the right time to accumulate and save more while the price is down.
Well, back to the OP's question, I suggest using the Binance exchange platform is the best to buy 2 BITCOIN. It doesn't need to have KYC because you are in the minimum of buying.

I agree you thought. All i tried to say that when market fall very badly people think may be this the lowest price to bye but after that they realized it was a mistake. So because of that i thought it was a good idea to buy btc when market will be more stabilize than this moment. Cause still people are in shock and because of that who knows crypto wouldn't show us more panic seller..?
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March 19, 2020, 02:14:36 PM
 #35

We are both in a big fall plus halving is coming, combine those two together and if anyone has any money at all that they can spare it is the most perfect time to buy bitcoin in history. I know I don't have any money left, I know many of us feel the same way, however there must be some really rich people who do not care about the couple millions they could lose, lets be honest there are those people on earth who can lose 5 million dollars today and not shed a tear, those type of people just found the greatest investment of all time.

Gold is another, it is low for now with no good reason at all aside from being tied to oil, well oil is the same because we will still need it. Basically people with money could swoop in right now and buy all the low price things and make insane amount of profit in 1 year.

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March 19, 2020, 04:55:59 PM
 #36

If you want to buy coins and make payment with cash you should check out on paxful.com, they are accepting lots of payment methods from PayPal, bank transfer, Skrill, Cash, etc.

Apart from Paxful you can as well check out LocalBitcoin, and then since you’re living in the US, if you don’t mind making use of a Centralized exchange you should look into Coinbase, it would be easy for you buy Bitcoin using Coinbase if you’re living in the US and when you want to sell you can also easily sell your coins and withdraw the money to your bank account and it’s quite fast.
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March 19, 2020, 05:03:02 PM
 #37

If you want to buy coins and make payment with cash you should check out on paxful.com, they are accepting lots of payment methods from PayPal, bank transfer, Skrill, Cash, etc.

Apart from Paxful you can as well check out LocalBitcoin, and then since you’re living in the US, if you don’t mind making use of a Centralized exchange you should look into Coinbase, it would be easy for you buy Bitcoin using Coinbase if you’re living in the US and when you want to sell you can also easily sell your coins and withdraw the money to your bank account and it’s quite fast.
These all options need to clear KYC and OP is not interested in this because he want to go face 2 face with seller just because of this I am feeling OSS is already give him some good and constructive tips never to with high and try to have in public place because its very important for any one right now.
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March 19, 2020, 05:59:32 PM
 #38

I bought it and it already cost more.
What a fantastic opportunity for lazy investors like me Wink
Lucky charm? Kiss

Price of bitcoin went up 20% in few hours and looks like we are strongly move forward against the stock market movements.

You just got luck man,enjoy your profits. Cool









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March 19, 2020, 06:37:37 PM
 #39

Two months later bitcoin halving is coming and best time if you want get much profit with bitcoin investment, have bigger chance to see bitcoin across higher price and give surprise more than bitcoin price last 2017, I think with halving this time bitcoin break above $30k.
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March 20, 2020, 05:48:33 AM
 #40



I bought it and it already cost more.
What a fantastic opportunity for lazy investors like me Wink
you are not lazy investor mate instead?you are a supporter and believer of Bitcoin thats why you are so eager to own 2 btc in this falling market because all you believe is that sooner Bitcoin price will rise and make you profiting.
no one can blame you as you seems to be desperate owning that bitcoin.
anyway all i wish for you is to stay holding and keep that BTC until we reach heaven again and that is not far from this day forward.

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