Should I buy Bitcoin?

[ongsy89]

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!

[Charles-Tim]

You can buy $50, $100 or whichever amount you want to buy, it is not compulsory to buy 1 Bitcoin. About trading, trading is very risky, holding is less risky and as Bitcoin is appreciative, expect good outcome. But, this is not an investment advise, do more research on your own.

[watergold]

before you decide it would be best if you read more information and do some research for yourself.
because this in addition to reducing you to follow the hype and trends that have occurred now.
because the case that often happens nowadays is when beginners follow the hype of others but with pump and dump coins so they experience losses and think crypto is a bad thing, even though it is their own fault which they take wrong action.
don't let that happen to you.
but for bitcoin itself if you want to try I think for now it will not be a problem to buy, considering the very good volatility of bitcoin can affect more or less in the long term and this can allow you to get a profit in investing. but with a note in the long term because here it is not instant as ordinary people expect.
it takes a process and patience considering this is a long term investment.
but in any form bitcoin is the best choice, apart from anti-inflation bitcoin is also a decentralized system with good volatility so it would be highly recommended if you invest here

[mk4]

As a newbie should I look into purchasing it?

If you're asking if you should buy bitcoin or literally any asset investment, you probably shouldn't. If you understood a certain investment then you should be able to make the decision yourself.

[ongsy89]

Hey Charles, thanks for this tip I would bear in mind what you have said and tread lightly with trading. So what you meant is I can buy like maybe $50 or $100 then I hold and see if the prices would increase and sell in the future yeah?

[Cryptmuster]

You can buy $50, $100 or whichever amount you want to buy, it is not compulsory to buy 1 Bitcoin. About trading, trading is very risky, holding is less risky and as Bitcoin is appreciative, expect good outcome. But, this is not an investment advise, do more research on your own.

Alternatively, you can buy a small amount of satosh every week, say $50, and hold. This can bring a good profit in the future. But you said correctly, you need to think for yourself, your own strategy will be the most correct. You can listen to someone else's advice, but the decision must always be made by yourself. There is a lot of information on the Internet now, there is something to read.

[Lily Garver]

The promenade of time reads:
Please press the confirm button, Bitcoin will not let you down.

[LogitechMouse]

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 are a newbie and yet you are jumping immediately towards buying it??
I would say no at least for now.

Learn the basics at least before you invest into Bitcoin. There are many information online that will help you. After learning the basics then at do Dollar Cost Averaging. In terms on how to buy or the process of buying Bitcoin? There are tons of video tutorials online that will help you. No need to ask here. Just get some of the advices here and research, research and research and you are good to go .

[nightxglow]

If you want to start trading, i think you should buy altcoin instead of bitcoin. I think bitcoin is more suitable for you if you want to use it as a long term investment, not quite a good choice for trading i suppose. Why is that? it's because bitcoin is high in value, like you say, so it might not be able to afford a huge amount of it. Of course, you can buy a percentage of bitcoin, you don't need to buy 1 bitcoin, you can buy like 0,001 bitcoin, or whatever amount is okay. But with altcoin, there are a lot of choices with cheaper price that you can buy a huge amount, so if the price went up you can earn more profits from it. But if you are a newbie, I suppose you should learn more, find more things that are suitable for you, don't buy it immediately, learn and learn, and don't put huge amount immediately, start slow but surely.

[electronicash]

if you can just buy at least $20 do so. the future is very unsure now, having a small investment in BTC is still a good advantage over having none. our local currency could become zero if things get worse and the only one that will probably survive is your $20 Bitcoin which could be worth outstanding after the crash. 

try the exchanges or try localbitcoins.com to buy BTC.

[Tigerheart3026]

you can buy,
since you have no experience with it, it seems reasonable to me to invest low in the beginning 100$ and while you are going to trade, it will not be good trade with less fund than this. market is swing in good movement, this uptrend consistency will stable few days.

[Wexnident]

Hey Charles, thanks for this tip I would bear in mind what you have said and tread lightly with trading. So what you meant is I can buy like maybe $50 or $100 then I hold and see if the prices would increase and sell in the future yeah?

Yep, that's the simple basics of trading. If you want you can try hodling instead so that you can skip all the pain in the ass lessons of what trading is and what are candles, charts, patterns, etc. Just DCA into the Bitcoin market every month, taking a part of your monthly income and investing them and hodling them for at the very least, a few years. It could be any amount, though do be careful since fees may just ruin your intro into it and remember to save it in hardware wallets instead of custodial wallets.

[Kong Hey Pakboy]

To answer your title, yes you should buy bitcoin, waiting will only lead you nowhere but regret and bitterness when the prices go up again. Yes you can buy a percentage of it, it's hard to buy 1 bitcoin nowadays so it's the best option. Try checking Coinbase if you can use it, they're pretty easy to use.

[arwin100]

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!

Basically we buy bitcoins and invest it on something but if you don't have any knowledge yet on technicalities about trading then maybe you shouldn't buy bitcoin at the moment maybe try to spend some time on some tutorial offered over the net and learn from those information where you can locate and after that I'm sure your ready to buy bitcoins since knowledge is more important since there are critical things that we need to learn just to earn on cryptocurrencies.

Also practice yourself to prolong your patience since you need that especially you are planning to join on tradings.

[RILWAN]

Bitcoin can be purchased and own in bits that is why it is called bitcoin, you can purchase the smallest amount of bits, but before then I will advise you to take your time to build your knowledge about cryptocurrency so that your knowledge will guide you in your bitcoin investment journey and avoid panic as a newbie.

[Lucius]

@ongsy89, first invest your time in learning the basics and even a little more than that, and only then will you get the right answer to your questions. Most users of this forum will answer in the affirmative because you are asking a question on a crypto forum, but any opinion should be understood only as an opinion, not financial advice.

When you can define the following terms without hesitation, then you are ready for the next step - investing.

- What is the difference between a private key and a public coin address?

- How to securely store cryptocurrencies?

- What is the difference between a custodial and a non-custodial wallet?

- What is a fee and how to set it up properly when doing a transaction?

- What is phishing and how to prevent it?

- Can you accept that 95% of crypto traders trade at a loss?

[DapanasFruit]

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!

it all depends on your appetite for risks because Bitcoin is always volatile - we can it now rising and we are rejoicing and then all of a sudden in the following week it is going down and we are disappointed. Of course, the best thing to do for a newbie is to HODL...so if that is what your strategy then BUY as many as you can now before Bitcoin reached $50K. Now, if you are into trading then I am advising that you learn more on this, come up with a winning and proven strategy and you are on your way to gaining profits in the cryptocurrency industry. Welcome to the club of roller-coaster riders.

[Shenzou]

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!

If you are hesitating to buy bitcoin due to not having thousands of dollars to do so than its ok, you can buy small amounts from various sites and exchanges on the internet, we all have to start somewhere, but you have to understand that investing in bitcoin is a long term thing that will only get you more profit the more you wait and more you invest in it, so if you want the best results try saving some money each week or month and putting it back into bitcoin.

[Elsaveronicha]

Even though the price of 1 bitcoin is $46k but we don't have to buy 1 bitcoin. Only $100 you can buy bitcoin. I highly recommend you to buy bitcoin. Because bitcoin is the number one currency. Buy according to your ability because bitcoin is suitable for investing in the long term.

[Ararbermas]

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!

any amount to trade in bitcoin is good mate.. But remember that your profits will base as well in your capital. Wherein if you trade small capital in it of course you will receive the same depends how long you keep holding your money from it. However if you're planning for shorting perhaps its not worth it.. Much better to accumulate more before to start trading to don't waste your time and efforts..