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Author Topic: Best way to buy Bitcoin (since halving is coming)  (Read 737 times)
Sadlife
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March 20, 2020, 06:02:58 AM
 #41

There exchanges/custodial wallets that lets you buy Bitcoin quick and easy and avoid third party transactions or over the counter sellers cause you might be risking your money and credit card unless you really trust the guy or someone would vouch for him. The ways to buy Bitcoin are Bitcoin ATM, Coinbase or in Binance i believe they have pairs of dollars also.


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March 20, 2020, 07:34:13 AM
 #42

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

You just said that the best way to buy Bitcoin is to coinbase and binance. Now the price of bitcoin is less likely to rise further Good time to buy Bitcoin. I usually buy Bitcoin at Binance and there is no fear of being scammed.

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March 20, 2020, 09:08:55 AM
 #43

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

Please tell me what do you think. Now it is good time for buying btc?
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March 20, 2020, 01:04:45 PM
 #44

You are a newbie and it seems that you have money to buy 2 bitcoins, before you do that; it is better if you will invest in your knowledge first. It seems that your knowledge is still not enough because you do not have any idea on how are you going to buy bitcoins. There are a lot of exchanges but be sure that you will choose an exchange that is trusted and also have high security where you can ensure the safety of your funds.

It seems that you are getting hype because of the halving that come, it is the real reason why you want to buy bitcoin? Identify what type of person are you. Asked yourself if you want to trade it? or if you wan to be a investor where you will hold in a long period of time. You should also identify the risks where you should be sure that the money that you will put is the money that you can afford to lose. There are many people that are becoming hype because of the halving that is near, I'm not a fundamentalist so I do not have any idea if the halving can boost the price of the bitcoin. Just be sure that you are prepared to take the risks and unexpected situation that you may face.
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March 20, 2020, 01:45:22 PM
 #45

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

Please tell me what do you think. Now it is good time for buying btc?

Of course, now's an honest time to shop for Bitcoin because now Bitcoin prices are much lower If we buy and hold it now then the worth will increase then there'll be an honest profit. Because bitcoin is predicted to rise later this year. I feel you've got no idea about trade in the new trade market.

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March 21, 2020, 04:37:30 AM
 #46

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

Please tell me what do you think. Now it is good time for buying btc?

Of course, now's an honest time to shop for Bitcoin because now Bitcoin prices are much lower If we buy and hold it now then the worth will increase then there'll be an honest profit. Because bitcoin is predicted to rise later this year. I feel you've got no idea about trade in the new trade market.

I agree this is the best time to buy Bitcoin because the price is affordable and you can buy as much as you want. I think we should take this opportunity to buy until it's lowest price, because not all the time can give us opportunity to have Bitcoin due to its too expensive in its real price. This happening in Bitcoin price are the time that many users of crypto are taking this opportunity to buy and the effect of it is the reason why Bitcoin rise little by little again.

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March 21, 2020, 07:37:38 AM
 #47

I agree this is the best time to buy Bitcoin because the price is affordable and you can buy as much as you want. I think we should take this opportunity to buy until it's lowest price, because not all the time can give us opportunity to have Bitcoin due to its too expensive in its real price. This happening in Bitcoin price are the time that many users of crypto are taking this opportunity to buy and the effect of it is the reason why Bitcoin rise little by little again.

I think you need to wait for shortly because bitcoin price now is increasing and reach $6,000. It is better to be patient for a while and wait for the bitcoin price is down below $6,000, so then you can buy bitcoin at a low price. The bitcoin price still at the downtrend now but the price increases today so that will not a good idea to buy now because if the bitcoin price is down, you will get stuck at that price and I don't know how long you will need to wait until the price can be back to that price again.

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March 21, 2020, 08:41:46 AM
 #48

Twenty days before halving is the best time to buy altcoin or invest with bitcoin, I think many investor will buy and invest with bitcoin during ten days before halving and you have chance to sell your assets one day before halving because price increase up above 50% and never hold until halving time.
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March 21, 2020, 08:49:08 AM
 #49

Twenty days before halving is the best time to buy altcoin or invest with bitcoin, I think many investor will buy and invest with bitcoin during ten days before halving and you have chance to sell your assets one day before halving because price increase up above 50% and never hold until halving time.
today, there are still so many people who doubt the halving effect. Well, maybe because before that the price really went down. however, I feel that the price increase is really potential and the best time to buy bitcoin is now. I am not sure that twenty days before halving is the right time because it could be that at that time the price of bitcoin was already above $ 8k.
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March 22, 2020, 09:00:39 AM
 #50

You can buy bitcoin through any means you want. There are lots of platforms that would let you buy bitcoin and make payment with cash, but I haven’t bought Bitcoin with cash before, I think it requires making payment to the seller’s bank account and then showing them the receipt as a proof of payment and they will make payment of the cryptocurrency amount you need to your wallet address.

I haven’t tried that, I have only been making use of centralized exchanges for quick purchasing of Bitcoin with my debit card, it’s really fast and there is no need for delay.
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March 22, 2020, 04:19:22 PM
Merited by qory (3)
 #51

Before halving coming still have chance to buy and invest with bitcoin in lower price, you can hold several day later and wait when bitcoin back lower price and buy it, I think you do not need waiting for halving coming to sell bitcoin. Best ideas sell one week before halving time and bitcoin will on the top price.
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March 24, 2020, 12:33:26 PM
 #52

People doubt the affect of bitcoin halving mainly because they are unsure about how bitcoin will get more money during an economical crisis but they do not realize that less selling equals to going up as well, it doesn't have to be more buying.

That is something people will never realize, just to give an example, let's say something happened, something HUGE happened and there is not a single person who is willing to sell bitcoin under 100k, the buy amount has dropped as well, there just 1 bitcoin sold all around the world all day, just 1 bitcoin bought all day, nothing more, but since nobody sells under 100k, that means price is 100k.

Of course, nothing major like that will happen but most people miss that point of bitcoin, halving may not cause more buys but it will cause less sales.

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March 24, 2020, 06:37:32 PM
 #53

People doubt the affect of bitcoin halving mainly because they are unsure about how bitcoin will get more money during an economical crisis but they do not realize that less selling equals to going up as well, it doesn't have to be more buying.

That is something people will never realize, just to give an example, let's say something happened, something HUGE happened and there is not a single person who is willing to sell bitcoin under 100k, the buy amount has dropped as well, there just 1 bitcoin sold all around the world all day, just 1 bitcoin bought all day, nothing more, but since nobody sells under 100k, that means price is 100k.

Of course, nothing major like that will happen but most people miss that point of bitcoin, halving may not cause more buys but it will cause less sales.
It seems to me that it is very difficult to predict something, but nevertheless I always pay attention to what results were from previous halving, as well as what they brought for Bitcoin and for the entire cryptocurrency market.  It is noted that the indicators were much better after halving the rewards for miners.  In addition, it is necessary to take into account the fact that the quarantine situation worsens the performance of other markets due to a pandemic, which will lead to increased demand for cryptocurrency as an alternative investment.  And at least I hope so.

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March 25, 2020, 08:27:32 PM
 #54

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.
I also consider it unsafe to let any one approach your personal information so better invest, buy or use your coin but never let anyone to reach your password or your private key as in many private exchanges they will strictly ask you to provide KYC so just make your own choice abs ask them to give you safety insurance only then buy any coin.

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March 27, 2020, 06:27:57 PM
 #55

If the only reason for buying Bitcoin is that the next halving will lead to some gains, I hope you will take some time to think again about your investing. Prices may not rise after halving, and you may lose your money, so it is better to develop a strategy before investing.
Precisely, if your only reason to buy now is the upcoming halving then might as well check the current situation since it might affect on what is going ahead. Last year, the speculation was a pure positive and exaggeratedly said by those who are in power but now it seems like they are very silent. Although the market will possibly to come up soon then best buying time is at now, but if bitcoin is not going be pumped after halving then it's done.

I dont think there is any direct effect of current situation on the bitcoin price. The market completely looks stable to me even when it had one quite a bad jerk in the last week.

Halving at block 630000 which is gonna be third halving will surely result in huge price demand. The obvious reason for that would be less number of bitcoins that would be generated by the network and demand as usual would be high due to "halving excitement" to the community. Believe me the chart says it all!




There are higher chances of BTC price hiking.

Its great way to look at it as investment "Chance"

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samcrypto
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March 27, 2020, 10:34:11 PM
 #56

Hi guys,

I live in Florida, and I would like to buy Bitcoin now.
I want to get some 2 BTC.

Where should I look for sellers who can accept cash?

Being prepared before the halving is a good thing that we should do because the history tells us to buy more. Though we can’t totally say that the price will go up right after the halving, maybe it will still take time. Look for a local wallet on your place to buy bitcoin or use some good exchange that is already accepting fiat money for bitcoin. Buy and be ready to become a hodler, don’t just think for an easy money.

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matchi2011
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March 27, 2020, 10:39:47 PM
 #57

Hi guys,

I live in Florida, and I would like to buy Bitcoin now.
I want to get some 2 BTC.

Where should I look for sellers who can accept cash?

Being prepared before the halving is a good thing that we should do because the history tells us to buy more. Though we can’t totally say that the price will go up right after the halving, maybe it will still take time. Look for a local wallet on your place to buy bitcoin or use some good exchange that is already accepting fiat money for bitcoin. Buy and be ready to become a hodler, don’t just think for an easy money.
Mentality should be positive and not just for a quick bucks, if you are aiming for longer periods of investment buying before the halving is a good time, you can either look for local exchange who catering your place or you can also reach out to those who are already into this industry and deal with them, just keep in mind before anything make sure that you are aware on how to secure your funds.

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TheGreatPython
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March 29, 2020, 01:40:03 PM
 #58

Hi guys,

I live in Florida, and I would like to buy Bitcoin now.
I want to get some 2 BTC.

Where should I look for sellers who can accept cash?
You should visit the exchange section - https://bitcointalk.org/index.php?board=53.0 but there you would find mostly trading and I see that you want to buy bitcoins with cash.

I guess you should visit some person to person trading platform like localbitcoins (although I heard they have removed cash trades) so maybe try paxful or other platforms.

Something you should know about cash trades though, a lot of people will have criminal intentions when they see you with 2 bitcoins worth money with you so maybe either have some friends or security or maybe just meet in a hotel and trade where you feel safe enough to trade, I am suggesting this because I see that you are relatively new here.

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March 29, 2020, 03:15:18 PM
 #59

Hi guys,

I live in Florida, and I would like to buy Bitcoin now.
I want to get some 2 BTC.

Where should I look for sellers who can accept cash?
You should visit the exchange section - https://bitcointalk.org/index.php?board=53.0 but there you would find mostly trading and I see that you want to buy bitcoins with cash.

I guess you should visit some person to person trading platform like localbitcoins (although I heard they have removed cash trades) so maybe try paxful or other platforms.

Something you should know about cash trades though, a lot of people will have criminal intentions when they see you with 2 bitcoins worth money with you so maybe either have some friends or security or maybe just meet in a hotel and trade where you feel safe enough to trade, I am suggesting this because I see that you are relatively new here.
Local bitcoin is never the place to buy bitcoin for crypto trader because the price of bitcoin there is always fluctuate than normal market but i will advise the OP to use coinbase exchange but if anonymity is concern i will advise him to search bitcoin available in Florida where he can buy direct through liberty x or search for a seller at the exchange section.

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qory
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March 31, 2020, 03:15:07 AM
 #60

I know halving is the best time to buy bitcoin and altcoin because many investor will hold and buy bitcoin with higher amount, bitcoin always give support for every one to get much profit and keep touch for higher price but give chance when bitcoin back usually with higher price.

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