How can I invest to BTC?

[Jewan420]

I am a small investor. I have some money to invest. How can I invest this money?

[1714558300]

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[Ruttoshi]

I am a small investor. I have some money to invest. How can I invest this money?

Since you are a newbie, you can use Binance to buy your bitcoin. Download Binance app from the official website, and register your account, providing them the information they want for KYC. Once you are done with that, you use p2p on the exchange to buy bitcoin where you pay with your local currency.

You should also create a noncustodial wallet in which after buying your bitcoin from Binance, you transfer it to your private wallet, where only you have the private keys. Don't leave your coins in an exchange. Investing in bitcoin should be done in a long term.

You can download electrum wallet from this link https://electrum.org/

You might have an option.. Blue wallet is good too. https://bluewallet.io/

[Eleutheria]

Are you aware of the legality of Bitcoin in your country? If it is totally legal, then find an exchange that operates in your country, register an account, deposit your funds and look for a buyer, this can be P2P or you can create a buy order.

Note that there are different types of exchanges for different people, depending on the amount of personal information you are willing to show. I like privacy and freedom, so I go for exchanges that do not ask for KYC and decentralized ones, Check https://kycnot.me/

It is fine to be a small investor. If you buy consistently when you can with little amounts, you assets will grow. Make sure you are storing them safely in a non custodian wallet.

[Davidvictorson]

I am a small investor. I have some money to invest. How can I invest this money?

To give a reply to you, Theymos opines:

When you log into an exchange, yield platform, or other site, and it says that you have a balance of "1 BTC" or "1 USD", this does not actually mean that you have 1 BTC or 1 USD. Rather, it means that the company showing you this balance owes you that money. In other words, you've given a loan to the company. Maybe the company will pay you back, but history is littered with defunct companies which accepted deposits and were widely trusted for years, but which ended up not paying back their depositors in the end.

To the greatest extent possible, you should always avoid keeping BTC (or anything else) in online accounts. This is especially important right now because a very large exchange went bankrupt recently; this has already caused a contagion effect which has taken down other companies which accept deposits, and this contagion may continue to spread and affect more companies.

Ideally, you should keep as large a percentage as possible of your crypto assets in a wallet where only you control the private keys. Electrum for Android or desktops is one good option. For iOS, there's BlueWallet. If you have a large variety of different crypto assets that you need to store, there's Unstoppable wallet. If you have never used your own trustless wallet before, using a mobile app is probably safer than using a desktop app. An even safer option, which you should definitely consider if you have a lot of crypto assets, is to use a hardware wallet such as Trezor.

This is one of the greatest possible advice and response to your question. Anything any user adds will revolve around this or will be a summary of it. Pay close attention to each of the paragraphs because it is written by a bitcoin OG with extensive knowledge and experience in cryptocurrency markets, making their insights particularly valuable.

[Antonil]

We are really glad to see such a thoughtful question from you. You will be happy to know that this thread will teach you several ways to invest in Bitcoin.If you are a small investor, then DCA will be a good investment method for you.A simple calculation of DAC is:
You will invest 1/3 of your income over a period of time.  And hold bictoin for a long period of time. If you hold in this way you will become a big investor after a while. For more details about this see below thread :

Buy the DIP, and HODL!

[Mia Chloe]

This is a nice move op .
However I have a vital recommendation for you and it's quite simple. Making Bitcoin investments is a nice move but the most important thing especially because you are a newbie is to make sure you understand what you are investing in. Of course Bitcoin is worth the praise but don't just dive into purchasing Bitcoin when you don't understand how it works and even how to keep your coins safe.

Therefore I recommend that before you venture purchasing some coins, get a few articles using the search button here and read concerning Bitcoin especially wallet and privacy safety if you are in a country where Bitcoin is illegal. You must not understand the technical part but make sure you gat security basics like using an open source wallet and not hodling in an exchange. Most importantly don't forget to keep your keys safe.

[moneystery]

I am a small investor. I have some money to invest. How can I invest this money?

you can buy bitcoin through exchanges like binance, kucoin, coinbase, or several other exchanges, there should be lots of tutorials you can read on google about how to register on these platforms and how you can buy bitcoin from their platforms.

however, as suggested by several users above, because you are planning to invest, you should prepare a custodial wallet so you can hold your bitcoin there. storing in a custodial wallet is much safer than an exchange, because when you store bitcoin in an exchange wallet, they have authority over the bitcoin, and if the platform goes bankrupt then your bitcoin is at risk of being lost along with them.

but when you store it in a custodial wallet, you have full authority over it and whenever you want, you can transact directly. no need to be complicated, what you do is just buy bitcoin from an exchange and then transfer it to your custodial wallet, it shouldn't be difficult.

[cryptoWODL]

I am a small investor. I have some money to invest. How can I invest this money?

You can buy Bitcoins with dollars from various exchanges like Binance, Kucoin, Coinbase and more. But if you don't have dollars if you have your own local currency you can buy dollars with your own currency and start investing. Here are a few examples of how you can buy bitcoins through a Binance account or through an exchange. If you have a verified Binance account, first log into your Binance exchange. Then you will see there is trade option which I have marked with square click on it.



After clicking such an interface will show in front of you, put dollar (USDT) according to your ability and click buy bitcoin. Maybe this way you can easily buy bitcoins with your money through Binance account or exchange.




There are videos on youtube on how to buy bitcoins from binance account you can also watch it maybe it will help you.

YouTube: How to buy Bitcoin on Binance

But always keep one thing in mind when you buy bitcoins for investment, you need to make sure that your invested bitcoins are safe. You need a non-custodial wallet to keep your Bitcoin safe. You can use Electrum, Exodus non custodial wallets which are much more secure.

[bayu7adi]

If Bitcoin is not illegal in your country, then you have many ways to buy Bitcoin... you can use a p2p exchange service, or you can go through a safer exchange (in my opinion, Binance is a good one to try)....

If you intend to buy BTC and store it in your personal wallet, then the simple steps are as follows

1 - Create a wallet and secure your private key (can use the desktop or mobile version of the Electrum Wallet)
2 - Look for p2p BTC buying and selling service providers in your country. I can't recommend that as long as you haven't mentioned your country location, try going to a local board to get complete information about this
3 - Pay using FIAT and receive BTC in your personal wallet

If you intend to buy BTC using an exchange, here is a short method that I can explain

1 - Create an exchange account... I recommend CEX for buying BTC, but never keep money on the exchange for too long
2 - Create a non-custodial Bitcoin wallet to store your own bitcoins
3 - Deposit some money to the exchange using supported currencies
4 - Buy BTC, then withdraw the BTC to your personal wallet

I recommend that new users learn to secure their own assets in a private, non-custodial wallet. You will know the importance of it after reading a lot of news about CEX having problems in the past.

[Antotena]

I am a small investor. I have some money to invest. How can I invest this money?

Before I answer your question, why are you investing on Bitcoin, is there any motivation behind your investment? I'm asking this because a lot of people just want to invest into as they heard from other people, they hear how fascinating it's during the bull run and how it's has been pumping over the years but what they don't tell you is the complete story. Bitcoin is everything you want as an investment but let's be guided, it has up and down side to it's journey and what I mean by that is the up and down moment, it can go up and it can crash upon bad news.

Some people believe that bull run hasn't started until 2025, so if you know you can risk and buy now, do it and hold it and please, it's shouldn't be from money you want right now so you don't buy and then later run hectically to sell which will probably be at loss. Please, proceed your investment with caution.

[Hatchy]

Are you aware of the legality of Bitcoin in your country? If it is totally legal, then find an exchange that operates in your country, register an account, deposit your funds and look for a buyer, this can be P2P or you can create a buy order.

Note that there are different types of exchanges for different people, depending on the amount of personal information you are willing to show. I like privacy and freedom, so I go for exchanges that do not ask for KYC and decentralized ones, Check https://kycnot.me/

It is fine to be a small investor. If you buy consistently when you can with little amounts, you assets will grow. Make sure you are storing them safely in a non custodian wallet.

Though you may be partially correct mate, but a country where it's government choose not to accept Bitcoin or crypto as a legal tender doesn't stop it's citizens from purchasing Bitcoin. You can buy using p2p so long there are trades open for your local area and trades who will sell, then you can deposit the funds through the provided bank account and receive Bitcoin in return. Though most exchanges now who allows you to trade without the kyc aren't that much as they are gradually turning into centralized.  Just be careful when doing your trade and avoid discussion about things outside trading with those trades as some might get scam.

[Rruchi man]

I am a small investor. I have some money to invest. How can I invest this money?

If any personal comes to you with a private referral to sign up to a strange platform where you can buy your bitcoins from, there is a big chance of it being a scam, even if the message is from an account having a high rank.

As you are interested in learning about ways to invest, also learn ways to keep your investment safe too.

[Kristiyana]

I am a small investor. I have some money to invest. How can I invest this money?

To give a reply to you, Theymos opines:

When you log into an exchange, yield platform, or other site, and it says that you have a balance of "1 BTC" or "1 USD", this does not actually mean that you have 1 BTC or 1 USD. Rather, it means that the company showing you this balance owes you that money. In other words, you've given a loan to the company. Maybe the company will pay you back, but history is littered with defunct companies which accepted deposits and were widely trusted for years, but which ended up not paying back their depositors in the end.

To the greatest extent possible, you should always avoid keeping BTC (or anything else) in online accounts. This is especially important right now because a very large exchange went bankrupt recently; this has already caused a contagion effect which has taken down other companies which accept deposits, and this contagion may continue to spread and affect more companies.

Ideally, you should keep as large a percentage as possible of your crypto assets in a wallet where only you control the private keys. Electrum for Android or desktops is one good option. For iOS, there's BlueWallet. If you have a large variety of different crypto assets that you need to store, there's Unstoppable wallet. If you have never used your own trustless wallet before, using a mobile app is probably safer than using a desktop app. An even safer option, which you should definitely consider if you have a lot of crypto assets, is to use a hardware wallet such as Trezor.

This is one of the greatest possible advice and response to your question. Anything any user adds will revolve around this or will be a summary of it. Pay close attention to each of the paragraphs because it is written by a bitcoin OG with extensive knowledge and experience in cryptocurrency markets, making their insights particularly valuable.

My advice for you as a small Investor, you should learn how to hold coin for long time, and also knowing how to time the market so as to know the right time to buy or sell your bitcoin, although timing the market is not that good but you need to have the experience because is also one of the important things you need to know as Investor, secondly when making any investment you need to look for a profiting coin to invest.and make sure you invest with the amount that you can afford even if you lose.

[nakamura12]

There are different wallets that are legit like electrum for Bitcoin. There are also different wallets for altcoins and tokens and for you to use a wallet for multichain then I suggest you use binance and take note that you shouldn't store your crypto there and only use it like buying and selling although you may have to do a KYC if you don't mind doing it. As others have explained that you should also keep in mind about the situation of crypto in your country because some countries where their government banned the use of crypto where as some didn't ban at all and making it a legal tender like in El Salvador.

[SatoPrincess]

I get worried when people post things like this in a public space. You are making yourself a target for scammers. I’m certain you would have received dozens of messages from strangers if you posted this anywhere else but Bitcointalk. When you want to ask such questions next time, I think it’s best you leave some details out of it, “How can I buy bitcoin?” would be a better way to get your message across.

[Eleutheria]

Though you may be partially correct mate, but a country where it's government choose not to accept Bitcoin or crypto as a legal tender doesn't stop it's citizens from purchasing Bitcoin. You can buy using p2p so long there are trades open for your local area and trades who will sell, then you can deposit the funds through the provided bank account and receive Bitcoin in return.

You are right, I was not talking about the country accepting it as a legal tender, but they not making it illegal to hold, trade or accept it for payments. If a country allows one to freely use this fancy internet money without meddling, that will be true freedom.

[encryptogon]

I am a small investor. I have some money to invest. How can I invest this money?

You can use Binance to buy/ Sell cryptocurrency. Make an account on Binance and do a KYC to activate your account. There is a section called P2P, where you can sell/ buy USDT or Bitcoin in your local currency. After purchasing BTC or any other coin, do not store it on Binance Exchange, transfer those tokens ASAP to Metamask or Trust Wallet (You can use other wallets as well).

[Doan9269]

I am a small investor. I have some money to invest. How can I invest this money?

Being a newbie, i will advice you to learn about bitcoin first and and understand the possible means of making investment in it, the advantages and the disadvantages or risk that may come in with making an investment, once this conditions were meant, you will have to choose an exchange to use the p2p network in buying bitcoin with your local currency and then later move your coin from that exchange to a non custodial wallet and then you hodl, you must have targeted that the particular period you're buying is when the market is bearish, then you will need time to hodl and wait this the market surges and you then sell at your convenient time.

[Bushdark]

I am a small investor. I have some money to invest. How can I invest this money?

If you are taking about investing in Bitcoin, things could be a good time for your since the Crypto market is still trying to go back to 73k.
You will need to do your findings and know how you are going to be buying Bitcoin to holding for more bull movement.
You have made a good choice to invest in Bitcoin even if it's small amount, that would be a great move for your so that by the time the price of Bitcoin reaches 100k, you will be in massive profits depending on the capital you are using to purchase Bitcoin.

[Ndabagi01]

This is one of the greatest possible advice and response to your question. Anything any user adds will revolve around this or will be a summary of it. Pay close attention to each of the paragraphs because it is written by a bitcoin OG with extensive knowledge and experience in cryptocurrency markets, making their insights particularly valuable.

This is the best advice for a newbie, just like the thread's original poster. I'd never heard of this before, but even though I'm not a beginner, I learned something new and became more knowledgeable about bitcoin investing. The use of exchanges, their benefits and drawbacks, and how they differ from the use of personal wallets in which I have custody of the private keys is important to distinguish them.

Going through this post by a bitcoin OG himself has already explained what the OP needs to do as he prepares to invest in bitcoin. If he follows this advice and uses the best wallet for storage, he will be glad he invested in bitcoin and stored it in those wallets when exchanges go bankrupt or lock users' funds, preventing them from accessing them.