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Author Topic: Should I buy Bitcoin?  (Read 363 times)
dupee419
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August 11, 2021, 09:00:47 PM
 #41

You can buy around at least $50 to start trading, $50 and a dream, you'll need to do a lot of research and self-study, there are various platforms in learning how to trade, YouTube, this forum can help you as well, Instagram, etc. One thing I can say is to not go around buying and selling immediately, being a good observer is part of constructing a good strategical plan when doing trading.
Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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August 11, 2021, 09:10:27 PM
 #42

Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!

You can start to buy now but spend only what you can afford to lose because the market is so unpredictable and one thing you should not do, don't lend money just to buy bitcoins. Because it adds tremendous depression when the market is falling. Just use your own money and you will be fine with that. Don't worry you can always ask here whatever questions you have in your mind regarding bitcoins. There are some inspirational stories here you can read to take as a lesson, I think there was a man who quit smoking and he used his budget for smoking to buy bitcoins instead.

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August 11, 2021, 09:23:54 PM
 #43

Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!
Come with me to legitimize bitcoin assets by accumulative buying.  I also don't have big money to invest, I spend some profit from my small clothing retailer to invest in bitcoin.  Don't get confused when the market goes down or up, simply bitcoin as the flagship of the market.  Just stick to the plan of accumulating bitcoin with a larger %.  Its productivity will surprise you over time.
Well that is right, the amount that you can afford to wait is much better because bitcoin investment doe not has a good price range to invest, any time you can invest on the amount that you can afford. Cut off when you see your profit was there but if not, extend a few years in holding and wait until when your profit comes out. However, don't forget the golden rule in bitcoin investment [buy low and sell high] which means it's possible that you can earn profit in that way.









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August 11, 2021, 09:51:01 PM
 #44

Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!

Learn everything from within, that's the first options that you should do before buying bitcoin as your investments for the future. If you do absorb all the characters that a cryptocurrency is having, then you can decide whether you're going to buy or not. For now the trend of bitcoin was doing great and positive so it's up to you to decide all by yourself. We can't force everybody to buy without proper understanding.
I suggest to start while there's an opportunity before second ATH comes which is much higher than previous one.

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August 11, 2021, 09:52:29 PM
 #45

You can buy whatever amount of Bitcoin you would like. You shouldn't worry about it. You can easily see it while using an exchange to buy Bitcoin. When it comes to whether you should buy Bitcoin now or not, I think that you can buy some without hesitating. I'm saying this considering that you will hold your coins for a long time. That's the way you can make a really good profit in Bitcoin.

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Hypnosis00
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August 11, 2021, 10:16:37 PM
 #46

Hey everyone, I am new to crypto and have yet to start trading but all I see in the news is that Bitcoin prices are up and down fast. As a newbie should I look into purchasing it? If I do not have the capabilities to purchase a single coin can I purchase like a percentage of it? If yes how do I do it? Please help!

Learn everything from within, that's the first options that you should do before buying bitcoin as your investments for the future. If you do absorb all the characters that a cryptocurrency is having, then you can decide whether you're going to buy or not. For now the trend of bitcoin was doing great and positive so it's up to you to decide all by yourself. We can't force everybody to buy without proper understanding.
I suggest to start while there's an opportunity before second ATH comes which is much higher than previous one.
OP needs to think it twice and he must be aware that investing in Bitcoin and getting into the volatility might give him some pressure and if he can't manage his emotions it will drive him to losses.

In general, he must be strong enough and that only can be acquired if he is totally ready to face the consequences otherwise, better not to try. So many people have blindly invested in Bitcoin and have no surprise they just lose. And I hope this could not be going to happen with OP and neither to force him if he is not sure about crypto.

R


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