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Author Topic: How can I invest to BTC?  (Read 737 times)
tabas
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April 03, 2024, 11:51:57 PM
 #61

When I asked some of my friends about wallets they gave me some p2p wallets. Don't know how secure and reliable they are.
I guess they mean about the P2P exchange where you actually have a wallet there but it's mostly used for trading there. It's not a good option to keep your bought Bitcoins there.

Want to know from the experts how secure and trustworthy is Trust Wallet and Metamask Wallet?
Trust wallet is known and owned by Binance but as for Metamask wallet, you cannot store Bitcoin there. Unless you're going to buy Bitcoin that's done through several chains like Bitcoin on BEP20, Wrapped BTC and other chains where it has been done so, cross it out with your choice if you only want to buy Bitcoin. Because metamask is mostly for altcoins mainly in Ethereum chain but it also supports other chains nowadays.

Which one would be best to use if secure and reliable? And if none of these two are trusted then name some trusted wallet!
You can start with Electrum.

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2Pizza410000BTC
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April 04, 2024, 11:10:29 PM
 #62

I am a small investor. I have some money to invest. How can I invest this money?
You mentioned here that you are a small investor. If you plan to invest as a small investor then I will tell you to invest here the amount of money you can afford to lose. So I would not tell you to go with high risk coins to invest first I would tell you to always invest with top coins and move on. Although investing is risky, if you can go ahead with the top coins, I think you can be pretty much risk free with your investment. So I suggest you to invest in bitcoin and ethereum if you can buy and invest in these top coins then your investment will be fruitful and you will get returns from here. But never risk investing by buying shitcoins, and some worthless coins.

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Hamza2424
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April 05, 2024, 09:46:34 PM
 #63

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

Good So, I do not know how much amount you want to invest in Bitcoin... Besides This, I would like to suggest you to use the DCA(Doller-Cost Average) strategy Which as a result at the end of the day you will see good profit-making in your portfolio. However, there are also many other strategies as well including the lum-sum strategy my recommendation for you to do the DCA(Doller-Cost Average) which is a very effective investment technique. Bitcoin is the king of all digital currencies and has the highest market capital in the trading market which gives an indication that it is the most trusted digital asset.

You should invest 70 percent of your portfolio in Bitcoin investment and 20 percent of your portfolio in buying good altcoin projects like Ethereum and the rest of the 10 percent hold in the form of USDT because in case if you find any buying further opportunity you can use this 10 percent for buying. at the end, I would suggest one more thing you can use my suggestion for your personal research or research reference. DYOR!

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April 07, 2024, 04:27:43 AM
 #64

You dont need to have a large amount of BTC like 1 BTC just to invest, a small portion of it is enough, seek an ideal exchange so you can buy a Bitcoin and other coins, as you say BTC, check if the binance or other crypto exchange supported your currency its become more convenience to you. What's your plan with that hold or to trade every market price movement? Youve posted a month ago seems you decided already. Good luck to your journey.

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April 09, 2024, 02:31:32 PM
 #65

Quote from: 2Pizza410000BTC
Quote from: Jewan420
I am a small investor. I have some money to invest. How can I invest this money?
You mentioned here that you are a small investor. If you plan to invest as a small investor then I will tell you to invest here the amount of money you can afford to lose. So I would not tell you to go with high risk coins to invest first I would tell you to always invest with top coins and move on. Although investing is risky, if you can go ahead with the top coins, I think you can be pretty much risk free with your investment. So I suggest you to invest in bitcoin and ethereum if you can buy and invest in these top coins then your investment will be fruitful and you will get returns from here. But never risk investing by buying shitcoins, and some worthless coins.
Invest what you can afford to lose is a mature mind that prove that you are ready to take the risk to embark on top coins that will make you feel that you are in the direction to earn what people are earning from the top coins because they always make their customers to generate profit in a due season. BTC and ETH is good to take a risk to buy when the time to buy occur because they are among the top coins that is dominating the market over some years to make their customers experience positive profits and to believe that they are the top coins in the market.

Using shitcoins to start your journey is dangerous and it will make you to remain in your investment so long before you can start earning small profit, and it will not make you to rise easily like the way BTC customers rise higher when the bull time occur.

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April 12, 2024, 07:25:40 AM
 #66

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!

This is a good advice for any newbie investor, after getting a reliable source to buy your Bitcoin, either through p2p with a second party or through exchanges that stands as a third party, make sure that you're hodling your Bitcoin, in a none custodial wallet, that only you have the private keys, never leave your coins in an exchange. The best method to accumulate Bitcoin, is through DCA, that way you don't need much experience to start, just choose an amount from your income and periodically use it to buy Bitcoin and hodl, maybe weekly or monthly. It's a store of value and no matter how long you hodl it, it's price will keep increasing on the long term.











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