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Author Topic: How can I invest to BTC?  (Read 639 times)
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March 23, 2024, 01:57:19 PM
 #41

At first you need an exchange where you can find your account then withdraw it out from the exchange after purchase but if you are that type that doesn't like to reveal your identity then I will suggest trade on p2p over here from a local trader on your local board with this it's more easier for you to trade without going through kyc process from exchange. You need a wallet, an Electrum wallet can actually work very well for you depending on your trust to these wallets otherwise you can get a hardware wallet.

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March 23, 2024, 10:54:02 PM
 #42

At first you need an exchange where you can find your account then withdraw it out from the exchange after purchase but if you are that type that doesn't like to reveal your identity then I will suggest trade on p2p over here from a local trader on your local board with this it's more easier for you to trade without going through kyc process from exchange. You need a wallet, an Electrum wallet can actually work very well for you depending on your trust to these wallets otherwise you can get a hardware wallet.

Is roqqu a trusted platform to trade? I have been using it for sometime now, I'm also seeking for your advice, reason is because nobody around me that is using roqqu to trade I really need your opinions.


Thanks you in advance

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March 23, 2024, 11:52:26 PM
 #43

I am a small investor. I have some money to invest. How can I invest this money?
Hmm that's quite good idea for investing in Bitcoin. 
 
But mate, I will try to emphasize a little bit that you are new to this territory and didn't even know that How harmful can it be for you to share the final status with someone that I have such an amount or that I am going to invest it in, etc.? Because this sharing may involve the employee's privacy. It means that there are many hackers who monitor people to steal people's property and target them for hacking when they find a weak point. 
 
So bro you are new here The first thing you need to do is secure your funds. like keep in a safe place i.e., a hardware wallet. Do not store the funds in the exchange because at any time they can cheat you and steal the funds. And lastly don't share your financial status with anyone.

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March 24, 2024, 05:52:20 AM
 #44

I am a small investor. I have some money to invest. How can I invest this money?
You are interested in investing in Bitcoin which is great. You can buy bitcoins from Kucoin or Binance p2p to buy bitcoins. One thing you need to be aware of is that exchanges are risky so you don't keep bitcoins on exchanges. You buy bitcoins from an exchange and transfer bitcoins to a good wallet. But you will try to hold the investment for a long time. You can earn a lot of profit if you hold for a long time. Many say invest what you can afford to lose. You keep investing in DCA method. Good luck to you.

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March 24, 2024, 05:56:12 AM
 #45

I am a small investor. I have some money to invest. How can I invest this money?
If you are really a new member then I want to tell you that you can buy bitcoin through p2p by verifying binance exchange KYC with your local currency. You can create an Electrum wallet and store your bitcoins there. But you must have some experience to buy bitcoin, if you are new then you can see how to buy from YouTube. But there is no way to make a mistake, if you make a mistake you will lose your money. Also I see many here explain you very easily with links please try hope you will succeed. But finally I want to tell you that the wallet you hold is very secure no one can steal your wallet seed phrase.

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March 24, 2024, 06:57:22 AM
 #46

I am a small investor. I have some money to invest. How can I invest this money?
It's good that you chose bitcoin as a new investment instead of all other coins. You can buy bitcoins via p2p from the top exchanges to buy bitcoins. Before investing money, first of all check how safe is the place where you are keeping the money. Keep your Bitcoins safe by transferring your Bitcoins to a popular wallet like Electorum. Since you are new and have no experience then you can learn how to save bitcoin money by watching various tutorials online. Bitcoin is a long term investment if you can hold on to it you will get good returns in the future. Best of luck.

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March 24, 2024, 07:13:34 AM
 #47

I am a small investor. I have some money to invest. How can I invest this money?
The method that is suitable for you is the DCA method where you can invest a certain amount of money for a certain period. You can visit the Buy the DIP, and HODL! thread to learn it with us.

You can choose to invest your money every week or month to buy Bitcoin for 1 year or more. You must follow the plan you made to become a Bitcoin investor.

You don't need to worry about market movements because your focus is only on collecting Bitcoin little by little. So you just try to be patient and invest your money according to the plan you made.

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March 24, 2024, 07:22:50 AM
 #48

I am a small investor. I have some money to invest. How can I invest this money?
Firstly you should think of what kind of Bitcoin investment you would like to choose, would you want it in the long term or you would want it in the short term, would want to hodl or you would want to trade your asset. Usually investing in the long term has proven to be one of the most reliable, safe and profitable way of investing in Bitcoin, in this way of investing in Bitcoin, all you have to do is deposit some crypto into your wallet and then let it stay there for a period of months or years after which you can go back to it and see how much protect your privet seed phrase so others cannot be able to access your wallet without your permission. But in the short term you get to sell off your asset after a period of weeks or few months when you have see the slights profit.

Trading as a way of investing in Bitcoin is actually risky a d not very advisable for newbies because as newbies you may not be able to bear the risk and volatility that comes with trading and in some cases your account size may not me large enough to cushion the possible losses you may get trading so it's safer to buy HODL and sell in the long term.

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March 24, 2024, 08:08:58 AM
 #49

I am a small investor. I have some money to invest. How can I invest this money?
Before you plan invest just try to understand bitcoin first. It is a good thing to invest but when their is no knowledge about investment it always go wrong. Bitcoin is a volatile asset and it can't be predicted when to have profit , it is important to understand things very well before you start up this journey, understanding will guide your step and help you to do right thing.  You have done the right thing to think to start investing but start up well by having good understanding.
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March 24, 2024, 09:19:08 AM
 #50

As a newbie I'll recommend you to use binance. Don't go for other options because they are a bit complicated and you might end up in a bad condition. Then you'll go to different social platforms to search for the solution and it may be available or not. Binance is very user friendly and you can easily trade using it.

The good thing is that if you encounter any problem in binance then almost every query is answered on YouTube because it's used by many users and it has a wider range of popularity so it's more advised to go for it. It offers you many features like auto sell etc which will help you in starting.

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March 24, 2024, 10:20:01 AM
 #51

I am a small investor. I have some money to invest. How can I invest this money?
You have small money to invest! Can you be able to wait for under a long term holding period for that small money to bring you profit, because obviously bitcoin is not a get quick rich investment project. That's why it's  necessary to have a reliable source of income while we invest in bitcoin so we don't reach out to our investment at a prematured time when some financial challenges hits us. A means of Sustainability while investing can't be overemphasized.
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March 24, 2024, 12:35:10 PM
 #52

As a newbie I'll recommend you to use binance. Don't go for other options because they are a bit complicated and you might end up in a bad condition.
We don’t know the nationality of the OP so recommending Binance as the only option may not be the best solution in this situation. OP will have to do his research on crypto exchanges that are considered legal in his country.

Is roqqu a trusted platform to trade? I have been using it for sometime now, I'm also seeking for your advice, reason is because nobody around me that is using roqqu to trade I really need your opinions.

Thanks you in advance
Yes Roqqu is a good p2p trading platform. However, I don’t recommend you store your coins on Roqqu or stake your coins on the platform. These platforms can get hacked and there is no assurance that affected users will get their money back. Patricia is an example of a p2p platform that was supposedly hacked and the company never refunded their users money back to them.

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April 02, 2024, 01:50:08 PM
 #53

You can download reminato or binance exchange app and, you can find where to sell or buy BTC with your fiat money and ensure you store the coins on a solid wallet if you want to enjoy long term hodling because, if you leave your coins in the exchange wallet, anything can happen that will make your coins to disappear.

Ensure you write down all your 12 words seeds phrase and keep them always from children or any suspected person around you because, once they discovered your seeds phrase and yours password, it will make them to withdraw your coins without your notice.

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April 03, 2024, 02:43:17 AM
 #54

At first you need an exchange where you can find your account then withdraw it out from the exchange after purchase but if you are that type that doesn't like to reveal your identity then I will suggest trade on p2p over here from a local trader on your local board with this it's more easier for you to trade without going through kyc process from exchange. You need a wallet, an Electrum wallet can actually work very well for you depending on your trust to these wallets otherwise you can get a hardware wallet.
When I asked some of my friends about wallets they gave me some p2p wallets. Don't know how secure and reliable they are. Want to know from the experts how secure and trustworthy is Trust Wallet and Metamask Wallet? Which one would be best to use if secure and reliable? And if none of these two are trusted then name some trusted wallet!
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April 03, 2024, 05:34:51 AM
 #55

As a newbie I'll recommend you to use binance. Don't go for other options because they are a bit complicated and you might end up in a bad condition. Then you'll go to different social platforms to search for the solution and it may be available or not. Binance is very user friendly and you can easily trade using it.

The good thing is that if you encounter any problem in binance then almost every query is answered on YouTube because it's used by many users and it has a wider range of popularity so it's more advised to go for it. It offers you many features like auto sell etc which will help you in starting.
What will one start from? The basis of the market comes with a whole lot of concerns and we should be ready to obtain the require information necessary. The market should always come to us and not us going to meet the market. Bitcoin is the top project in the market and we have seen the best and down moment for this project. The process of accumulating Bitcoin is usually simple and straight, as long as you know the precise path to follow, everything becomes easy and up running. Sign up for an exchange and fund them with huge figures because there's more to invest in bitcoin.

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April 03, 2024, 02:10:59 PM
 #56

 The thread was created last month and by now probably you have bought your first lod of bitcoin and started the journey of no return till the time to reap. But if I were you and that will also depends on the country you come from. If you come from a country that dollar is rising up very well and the local currency is depreciating then I will say you should not buy yet because of you invest now and the when the government brings down the dollar exchange rate and finally your local currency rise again then you be at lost and that's what happened in my country. Many of us lost millions because of this miscalculation before investing in it. But when invest at the time when the local currency has been stabilized then you can invest any amount. All the best in the journey.

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April 03, 2024, 03:26:44 PM
 #57

When I asked some of my friends about wallets they gave me some p2p wallets. Don't know how secure and reliable they are. Want to know from the experts how secure and trustworthy is Trust Wallet and Metamask Wallet? And if none of these two are trusted then name some trusted wallet
None of those two are reliable enough for a long term storage and should be only used as a wallet for daily use where you won't keep more than a few hundreds of dollars (or whatever is the amount that you don't mind loosing).

Regarding the reliable solution for a long term storage, hardware wallet (some of the Trezor models for example) is probably the best (and not expensive) solution. There is a paper wallet too which doesn't cost anything but it takes some effort and knowledge to properly make it.

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April 03, 2024, 04:09:11 PM
 #58

When I asked some of my friends about wallets they gave me some p2p wallets. Don't know how secure and reliable they are. Want to know from the experts how secure and trustworthy is Trust Wallet and Metamask Wallet? Which one would be best to use if secure and reliable? And if none of these two are trusted then name some trusted wallet!
your goal is to invest. you should be more careful in connecting the wallet.
You can use your trust or metamask wallet to connect to exchanges or other websites. Meanwhile, to save your main assets, don't connect them to any exchange or website as much as possible. I suggest you buy a Trezor hardware wallet to use as your main wallet.
It sounds more complicated and more expensive, but it will prevent you from taking bigger risks if you are careful.

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Bushdark
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Eloncoin.org - Mars, here we come!


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April 03, 2024, 04:25:11 PM
 #59

At first you need an exchange where you can find your account then withdraw it out from the exchange after purchase but if you are that type that doesn't like to reveal your identity then I will suggest trade on p2p over here from a local trader on your local board with this it's more easier for you to trade without going through kyc process from exchange. You need a wallet, an Electrum wallet can actually work very well for you depending on your trust to these wallets otherwise you can get a hardware wallet.
When I asked some of my friends about wallets they gave me some p2p wallets. Don't know how secure and reliable they are. Want to know from the experts how secure and trustworthy is Trust Wallet and Metamask Wallet? Which one would be best to use if secure and reliable? And if none of these two are trusted then name some trusted wallet!
The two wallets are okay just like their names sound, you can choose to use anyone of them since they are quite easy to use with after comprehension. I would not advise you to use some other wallets that are good too but can be very difficult for you to understand.
There are many available wallets you can use but you just have to choose between the two. Almost everyone use either the trust wallet or the MetaMask based on their features that made it more friendly for users.









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Mars,           
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"I could either watch it
happen or be a part of it"

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Onyeeze
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April 03, 2024, 11:25:11 PM
 #60

I am a small investor. I have some money to invest. How can I invest this money?
The question is that which investment is in your mind, offline investment or online investment, because I know very well that before your instinct is telling you that you should invest that means you want to invest in online and that should be probably be cryptocurrency investment,  if a cryptocurrency investment is something that is in your mind I will say that you should have a different portfolio and make sure that your investment will be on a good coins that have a good records because when you invest without knowing the coin you will end regretting, this statement I made now I have seen it severally to people this forum saying same.

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