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Author Topic: What is the best way to invest in BITCOIN  (Read 656 times)
Oti147 (OP)
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March 15, 2023, 10:07:40 AM
 #1

In the crypto world bitcoin was first  I had and how you can invest $ and it will add value and I know about other coins but I feel safe when I hear about bitcoin I have seen so many trading on bitcoin and making good earnings in return . Do you have to buy the coins leave it in your wallet for a while for it to add value or do you need to trade it I really wants to understand the transaction and investment in bitcoin because to me I have tried to invest in it but I’m not seeing any added value to my coin bought .
    Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .
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March 15, 2023, 10:19:07 AM
 #2

Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .
How much you want to invest is up to you. You can invest with less than $100. But there are certain things to do before investing. If you are new then you must acquire knowledge about investing. You need to know which position to buy and which position to sell. You have to learn well whether to wait long time or wait short time before investing. But if you try your best then surely you can get success from here.
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March 15, 2023, 10:21:29 AM
 #3

Do you have to buy the coins leave it in your wallet for a while for it to add value or do you need to trade it
By far the best thing that you can do as a newbie is to store your bitcoin in your own non-custodial wallet and forget about trading. "buying low selling" high seems like an easy way to increase the amount of bitcoin, but its much harder than it looks and in majority of cases you will end up having less than you had when you started.



Can some one invest $100 to start or do you need more fund than this to start up any crypto investment
$100 dollar is perfectly Ok amount to start. Generally, only invest the amount you are comfortable with and don't feel pressure that you have to invest more than you can realistically can because despite everything, bitcoin is still a high risk investment and it may take a while before you are in profit.

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March 15, 2023, 10:41:22 AM
 #4

Can someone invest $100 to start or do you need more funds than this to start up any crypto investment, I have done so much research about the investment, and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right.

If you have no trading knowledge whatsoever would advise that you buy when the price is low and then hold you should also consider if you're in for a long-term investment or you just want to be a short-term holder.
And yes $100 is enough to get you started, you can get some coins for 100 dollars set up a non-custodial wallet, and keep the coin there until you feel the price is good for you to sell and if you're in for the long term you don't have to bother yourself checking the price of Bitcoin constantly only short term investors do that.


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March 15, 2023, 10:50:53 AM
 #5

Let us say you bought one hundred dollars of bitcoin last week at a price of $20,000; the current bitcoin price is $24,000. Your bitcoin asset is valued at $120; that represents a 20% increase in your capital. Using the same amount of capital from any bank, you cannot make more than that. You may need to increase your capital if you want to earn more. But you are just getting started, so you are already doing well. You can practice trading when you are not busy. Free online guides can be found anywhere online but do not download any files. You can watch videos on youtube. Assuming that you stick to just investing, you ought to move your bitcoin to your very own wallet for safety.

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March 15, 2023, 10:55:43 AM
 #6

In the crypto world bitcoin was first  I had and how you can invest $ and it will add value and I know about other coins but I feel safe when I hear about bitcoin I have seen so many trading on bitcoin and making good earnings in return . Do you have to buy the coins leave it in your wallet for a while for it to add value or do you need to trade it I really wants to understand the transaction and investment in bitcoin because to me I have tried to invest in it but I’m not seeing any added value to my coin bought .
Because it is less risky than other coins, Bitcoin is the best coin to invest in if you are new to cryptocurrency .

Bitcoin investment is not a get-rich-quick scheme; you must be patient if you want to see a significant return on your investment. Invest in Bitcoin with an amount you can afford to lose, then keep the Bitcoin in your wallet until the price of Bitcoin rises, at which point you can sell and profit.


Quote
    Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .
The amount you decide to invest is up to you; you can choose to invest more than a thousand dollars as a start, but you must be patient and wait for the market to recover before you can see your profit; there is no point in rushing in your investment if there is trust.

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March 15, 2023, 11:06:33 AM
 #7

In the crypto world bitcoin was first  I had and how you can invest $ and it will add value and I know about other coins but I feel safe when I hear about bitcoin I have seen so many trading on bitcoin and making good earnings in return . Do you have to buy the coins leave it in your wallet for a while for it to add value or do you need to trade it I really wants to understand the transaction and investment in bitcoin because to me I have tried to invest in it but I’m not seeing any added value to my coin bought .
    Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .

Depends in what caught your interest, there are many things you can go for and here can give you some selections.

1.Trading
2.Holding
3.Investing on new start up crypto business
4. Or create your own business which useful to other crypto users.

Choose here and think about this but as always it all matters on your budget on which of this you can afford.

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March 15, 2023, 11:22:34 AM
 #8

Dollar cost averaging, for sure — at least for 90%+ of people.

As for the amount, it's not up to us how much you're going to invest. Go invest with an amount that you're comfortable with.

https://dcabtc.com/

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March 15, 2023, 11:56:35 AM
 #9

... because to me I have tried to invest in it but I’m not seeing any added value to my coin bought .
Bitcoin is not a means to get rich overnight, you cannot profit that way from bitcoin. Only gambling can give you quick profits, and bitcoin is not gambling.


    Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .

There are only 2 ways to profit from bitcoin: long-term holding and day trading. But day trading is very risky and requires a lot of knowledge to make a profit; as a newbie, I don't think you will make a profit but only a loss. For long-term holding, that means you need to hold for several years to see a significant return on bitcoin. But I see, what you need now is knowledge, not profit, because if you are lucky to have a profit without knowledge, you cannot keep it.

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March 15, 2023, 12:31:30 PM
 #10

Bitcoin is now profitable if you buy and hold for a longer period of time, and the best way to invest is investing what you can afford to take your eye off for a long period of time, have a price target in mind and use a tracker like coinmarketcap app to set a price target reminder, the only mistake you can do is using money you will need in in a short period to invest in Bitcoin.

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March 15, 2023, 01:45:54 PM
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In the crypto world bitcoin was first  I had and how you can invest $ and it will add value and I know about other coins but I feel safe when I hear about bitcoin I have seen so many trading on bitcoin and making good earnings in return . Do you have to buy the coins leave it in your wallet for a while for it to add value or do you need to trade it I really wants to understand the transaction and investment in bitcoin because to me I have tried to invest in it but I’m not seeing any added value to my coin bought .
    Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .

The investment is of two forms, there’s trading that serious needs lot of knowledge on Technical analysis, fundamental analysis and lots. Traders in crypto have the Ability to earn close to 10% profit weekly.
The easiest of them and most comfortable is the holding of bitcoin. It could be short time or long time. I prefer long time where you do DCA weekly or monthly. This requires patience and for that you need to invest an amount you can afford to lose. You can simply do invest 20% of your wages or salary.

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March 15, 2023, 02:21:38 PM
 #12

You wont need to rush yourself with the bitcoin as long you can achieve to buy a satoshi and then make an earning with the bitcoin market price you are still in a good way many people keep chasing that before they make an investment with the bitcoin it must be a one bitcoin and not just a partial of it and also always make sure that you are ready with the possible loss not all the time the market is green like the last time we experience we are in the market volatility of too much dump and make a quick recover within the day.

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March 15, 2023, 02:29:29 PM
 #13

In the crypto world bitcoin was first  I had and how you can invest $ and it will add value and I know about other coins but I feel safe when I hear about bitcoin I have seen so many trading on bitcoin and making good earnings in return . Do you have to buy the coins leave it in your wallet for a while for it to add value or do you need to trade it I really wants to understand the transaction and investment in bitcoin because to me I have tried to invest in it but I’m not seeing any added value to my coin bought .
    Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .

what exactly are you planning to do with your bitcoins, do you intend to be a trader (daily or weekly) or just an investor (long-term holder) -- if you want to see your bitcoin amount grow then you have to trade (of course at your risk of loss also if you are not in a good position to sell or buy), but if you just want to see the value of your bitcoin against the dollar increase then you just need to hold it in the long term.

$ 100 is actually a relatively small nominal for investing in bitcoin and the profit you get will definitely be small (looking at the current bitcoin price) -- you can add more btc to your investment by doing the DCA trick every month (buy regularly).



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March 15, 2023, 03:03:40 PM
 #14

There are not limit or minimum fund want to invest in Bitcoin but if you try investing trough exchange market they have several variation minimum values under$5 until $10. Seems worth if you try investing with $100 as beginner and first time is not bad, you can comparison one week or one month later with your 100$ investment fund in Bitcoin how much increasing up, will up and earn profit above $5 until $20 or potential back drop with your investment.

I don't recommended for altcoin but $100 more profitable when investing in altcoin have lower values and up above 5% until 20% you can earn more than 20$, difference with Bitcoin seems difficult can reach higher price more than 20% in short time.

R


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March 15, 2023, 03:38:52 PM
 #15

Can some one invest $100 to start or do you need more fund than this to start up any crypto investment , I have done so many research about the investment and making out good earnings from bitcoin still not working out for now I will be glad if I can get any ways to get it right .
100$ is enough to startup as a crypto investment but you have to choose right path of doing investment. You can go for future trading with lower leverage if you want to earn a good profit. But remember one thing it's also very risky and can be liquidated all your assets if you use high leverage. Better you can use 3× or 5× leveraged tokens as they are now in a very cheap rate and can give you good return. So it's all up to you. I just tried to share from my experience dude.
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March 15, 2023, 05:46:05 PM
 #16

how do you plan your Bitcoin investment? what you see from Bitcoin trading is not that easy. those who trade have sufficient skill to make them profitable. and as a beginner to be honest crypto trading will be quite difficult, but not impossible to learn.
investment is not a big problem the money you put in. for a beginner, you have to start with small money. but for the assets you choose, of course, it affects. if you put your money in Bitcoin, the best plan for Bitcoin is a long term investment. and if you are just starting, you of course need more other knowledge that you have to get.


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March 15, 2023, 05:54:35 PM
 #17

The best way to be involved in the Bitcoin network ultimately depends on the knowledge that you have about Bitcoin, from your OP you are a noob, so you might want to forget about trading for now, it is quite risky and it requires skill and knowledge that you do not have right now, i'm afraid if you trade as a newbie, you would not be able to make any ROI.

Having said that, generally a knowledge of what you are doing is very crucial, whether it is hodling or trading, though hodling might be less risky than trading because you basically have to just buy and wait, but with hodling you must learn how to hold coins only in a non custodial wallet, and also how not to expose the sensitive informations relating to your wallet.

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March 15, 2023, 06:44:03 PM
 #18

~

It's pretty simple. Nowadays there are hundreds of methods available to get some Bitcoins. The most popular ones are Bitcoin exchanges or Bitcoin ATMs.

What I would do: Choose a decent exchange, you like. Deposit your $100 and buy some BTC. You don't need thousands of dollars to get started, as it's no problem to buy just a fraction of a Bitcoin.

If you want to keep your Bitcoin for a longer period of time, it makes sense not to leave them on the exchange, but to store them cold storage. For this purpose, you can use easy and cheap paper wallets or hardware wallets (for bigger amounts).

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March 15, 2023, 07:02:45 PM
 #19

snip
You need to select which type of investment you are going to use, Like is it short-term or long-term trading, day trading, etc. let me make a list for you easily.

  • Spot Trading--> In this, you buy BTC at price "X" and sell at Price "Y"  with covering some profit and loss. If you are new and have a lesser amount even then I can say giving it a try is best because future trading and margin trading is the trickier I personally fall prey to these trading types, and lost money How? I was lacking Knowledge of Technical and General Analysis.
  • Margin Trading: You borrow money from the exchange with average and at some liquidation price, if the token you had invested in goes below that point (in Long) then you will lose all of your money and vice versa. depending on your money this is the best option as with 100$ you can borrow 100 more and can earn more but that also doubled the risk of even losing your money too.

long term means holding for a few years maybe months, and short-term means holding for weeks to months. Like you invested your $100 in BTC and wait for a few weeks or months until you make a profit.

Once you knew which type of trading suits you best depending on your experience, You can start. And yes you can buy BTC for $100 all at once but i prefer you to do DCA (Dollar Cost Averaging) in which you put little segments of your investment capital whenever you got an entry point this will increase your profit ratio.

Yes, $100 is more than enough to start trading, let me tell you a short story of my friend's journey, He started from $7 in future trading and made $150 out of it but unfortunately, he lost $50 in liquidation. but he earned above $93. But a reminder he has a good experience as he lost too. when I see him I also start future trading and lost everything even my own. So I came back to Spot trading because in this if I buy btc it is my own it does not matter if the price goes up or goes down if I have 0.2 btc they will be 0.2 forever, But in future once the price crosses the liquidation price your money is gone.

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March 16, 2023, 08:16:08 AM
 #20

-Buying a small portion of Bitcoin when you can afford it
-Day trading
-Bitcoin mining with ASIC miners
-P2P services
-Working a job online and getting paid in Bitcoin.

These are some cool ways anyone can use to invest in Bitcoin, the only 'don't' here is avoid using money you are not ready to keep aside for a long period of time, don't do this.

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