Abu-Naim
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August 10, 2024, 04:13:59 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
Good one. Age has nothing to do with Bitcoin investment, no matter how young you are, if you have money you can buy and hold Bitcoin for as long as you want because no one will control your money for you. This method of buying you used is refereed to as DCA method, you can be buying as low as you are having so as not to use all the money you have because of your personal needs. Investing some percentage of money you have to save for future use into Bitcoin investment and you will be safe from inflation in the nearest future, and you will as well have good profit after some years.
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Sebas.tian
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August 11, 2024, 09:28:12 AM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Yes, it's possible to use £10 to purchase Bitcoin, since that is what you can afford to start Bitcoin investment, and the more you add to it the more the Bitcoin will be increasing in your wallet and it will give you the opportunity to achieve huge amount of income in the future. It is better you are young before you join the Bitcoin investment, because it will allow you to enjoy many things Bitcoin investors used to enjoy when they invest in Bitcoin in the bullish season, and ensure you hold for long term before you can release the Bitcoin for sale. I must confess to you that you have a good plan by putting £10 into your Bitcoin investment monthly, and it will allow you to save huge amount of Bitcoin that will make you to make income you have never make before in the Bitcoin investment.
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Orpichukwu
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August 11, 2024, 06:33:03 PM |
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Yes, it's possible to use £10 to purchase Bitcoin, since that is what you can afford to start Bitcoin investment, and the more you add to it the more the Bitcoin will be increasing in your wallet and it will give you the opportunity to achieve huge amount of income in the future. It is better you are young before you join the Bitcoin investment, because it will allow you to enjoy many things Bitcoin investors used to enjoy when they invest in Bitcoin in the bullish season, and ensure you hold for long term before you can release the Bitcoin for sale. I must confess to you that you have a good plan by putting £10 into your Bitcoin investment monthly, and it will allow you to save huge amount of Bitcoin that will make you to make income you have never make before in the Bitcoin investment.
It's not as if you can not buy bitcoin worth €10 and start from there, but another thing here is the method that you want to use to buy it, how much you will be charged as a fee to withdraw the bitcoin purchase from the exchange, and how much will be left unless you use a P2P where the sending fee can be customized, not an exchange where they can demand that you pay $10 for just a single withdrawal.
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Stable090
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August 11, 2024, 07:13:57 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Everyone can’t invest equally, and I know everyone wants to invest big, but most people don’t just have the financial capacity, so we just all have to invest what we have. No amount of money is too small when it comes to investments, so investing £10 monthly is really nice. The more you keep on earning, the more you can keep on increasing your investment. But make sure the money you will be using is your spare money, and you should be holding bitcoin for the long term if you need a maximum profit. Also is it even legal for an under 18 year old to invest in bitcoin.
There is no age range for bitcoin investment, but there are some regions in which bitcoin is illegal, so if you are in places like that, your investment should have to be hidden. But if you are from regions where bitcoin is legal, then what will be stopping you is where you will be getting bitcoin from, but you are free to own bitcoin. I have already invested £20 which is now worth £40.
That’s really nice, but you should know that dump can happen also, so when your money drops from £40, don’t panic, just keep on holding and keep on accumulating.
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RockBell
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August 11, 2024, 07:56:18 PM |
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Good one. Age has nothing to do with Bitcoin investment, no matter how young you are, if you have money you can buy and hold Bitcoin for as long as you want because no one will control your money for you.
Age might just be a number but still matters a lot because you don't expect a child to do bitcoin or when they are supposed to focus on his or her basic education. The complexity of bitcoins might makes it difficult for old people to do their is a level of age that will make it easy to comprehend. Then next thing will be the money because even if you are young and you don't have money to invest then your plans will be zero am sure of that. Funds will not come from even so you need to source out for funds then that way you can decide the one you want to do invest or trade. This method of buying you used is refereed to as DCA method, you can be buying as low as you are having so as not to use all the money you have because of your personal needs. Investing some percentage of money you have to save for future use into Bitcoin investment and you will be safe from inflation in the nearest future, and you will as well have good profit after some years.
DCA is actually a very good method that needs, and everything depends on exactly how you want to make your game plan go well for you, buying gradually is good because it won't render you all that broke, and if you are someone wants accumulate gradually then using DCA is the best for people like that. Bitcoin been money and assets at the same time just makes it more interesting, because of this bitcoins is naturally repelling inflation and that is why investing in bitcoin is actually very amazing because currencies can not even survive against inflation but bitcoins can.
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Egii Nna
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August 11, 2024, 08:26:51 PM |
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Good one. Age has nothing to do with Bitcoin investment, no matter how young you are, if you have money you can buy and hold Bitcoin for as long as you want because no one will control your money for you.
Age might just be a number but still matters a lot because you don't expect a child to do bitcoin or when they are supposed to focus on his or her basic education. The complexity of bitcoins might makes it difficult for old people to do their is a level of age that will make it easy to comprehend. Then next thing will be the money because even if you are young and you don't have money to invest then your plans will be zero am sure of that. Funds will not come from even so you need to source out for funds then that way you can decide the one you want to do invest or trade. Age is not supposed to be a restriction to bitcoin investment. Regardless of how old you are, if you have money, you can invest. Just make sure you will be able to take the risk and understand the basic knowledge of bitcoin investment. I don't think there will be an issue. However, the child you are talking about is like a kid or small child who can't comprehend, but as the OP, I'm very sure he is not that type of age; he is old enough to know what he is doing, so I don't think there is something wrong if a child holds bitcoin. For the money, I think the OP mentions the amount he wants to invest, and I'm sure he has it; that is why he stated that he worked for it.
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sunsilk
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August 11, 2024, 09:04:33 PM |
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If I owned Bitcoin, I would never forget how I obtained it. Even several years ago, I'd take some accurate guesses on how I've taken it.
But as a young person who wants to invest in Bitcoin, literally in investing, there's no age gap or limit. As long as you're willing to take risk, you're welcome to take one.
£10 is already a good start and you'd see how it will turn to when you're about to take profit in the future.
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Wakate
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August 11, 2024, 10:27:22 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
Depending on your region and where you stay, you can buy any unit of Bitcoin, even I exchanges that has low limits. This is a good move for you since you are still young and it shows that you have plans of becoming a crypto investor which is quite a good idea. Buying small units every month is good and you will be surprised when the price of Bitcoin finally hit 100K, you will be in massive profits by then. We are in the bull run so the price of Bitcoin is going to move well in time so just take your time and keep accumulating and you will be surprised on how much b you have made. You should also make sure that you don't disclose your private keys with friends or family members.
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Mr.right85
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August 11, 2024, 11:05:42 PM |
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Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
You should have asked this question even before investing the £20. The goodnews is, there isn’t any legal age to taking up an investment in Bitcoin neither do I find any of such age limit for any business out there. What limits you here is the funds that is available to you in taking up Bitcoin investment as you can tell. The strategy your employing is called the DCA strategy and it works just fine.
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nakamura12
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August 11, 2024, 11:21:56 PM |
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It is possible to buy bitcoin worth £20 or even £10. Buying bitcoin doesn't have to be in whole bitcoin because there's satoshi which is the name used to call the smaller amount of bitcoin. What you should be looking for is where to buy bitcoin that is worth £20 because some exchange doesn't have low limits. For age, there is no age limit on how old a person can invest in bitcoin. Even if you are under 18, you can still invest in bitcoin and own bitcoin.
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Moreno233
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August 11, 2024, 11:54:31 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
The method you have chosen is called Dollar Cost Averaging (DCA) method. It is a very powerful method of building wealth that does not generate any financial stress on the investor. I will encourage you to keep doing that and be rest assured that 10 years from today, you will be look back at this decision and congratulate yourself. Also is it even legal for an under 18 year old to invest in bitcoin.
I don't know about your countries and their laws but in my country, there is no age limit in investing especially in assets like Bitcoin. Even kids do invest in bonds and stocks with the consent of the parents so there is no age barrier provided the fund is clean and have a decent source.
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AVE5
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August 12, 2024, 10:24:25 AM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
You can of course buy some worth fractions of bitcoin possibly as Satoshi even at the range, less or more than that your affordable €10. The conditional purchases of bitcoin fractions is actually varied based on the exchanges. Investing on bitcoin is unlimited so I ages because bitcoin is a decentralized financial chain so, underage, aged and over age people can always invest on bitcoin but while buying your bitcoin, you'd have to operate on the DEC exchange and would buy easily transacting with a local exchangee p2p during DCAing accumulating more of coins.
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Hyphen(-)
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
Yes; you can buy Bitcoin with any amount no matter how small it is. Age does not matter in Bitcoin investment. you can start at a younger age and you will surely get the benefit when you get older, you need to be consistent and patient with the market price fluctuations to have peace of mind always. Avoid altcoins and focus on only Bitcoin. This, method of investing with a small amount within some time interval is good, it will serve as your future investment plan and will save your money from inflation. Keep your Bitcoin in your wallets, and avoid leaving them in an exchange. Keep learning.
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AYOBA
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August 12, 2024, 12:27:04 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
Every success begins with the decision to try, so Mate under age doesn’t matter in terms of investment in Bitcoin, this is even right for to understand what the investment is all about and also gain the much knowledge that will lead you to becoming successful person in future, because good pass may may under age having a earlier knowledge about the investment since from there you will know all the risk that is involved in in Bitcoin investment and also lean how you can able to avoid them in your future investments. This a better idear as you have a plan for self by using the little amount of money and purchase Bitcoin as newbie is very good ideal honestly, they last that every thing is a gradually process is better than go and putting the money that you can not afford to lose.
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reagansimms
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August 12, 2024, 12:58:52 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
If the platform or Exchange you use allows you to buy Bitcoin in small amounts, there are no restrictions for you even if you are under 18 years old. Your plan is very good, especially since the investment is planned for the long term. Starting investing at a young age is a very good thing, you can enjoy large results when you are an adult. Remember, Exchange is not a place to store assets in the long term, once you have a certain amount of Bitcoin, you can store it in a wallet where you can control the private key. If the assets you store on the Exchange are small in amount or you can still afford the risk and want to save on sending fees to your personal wallet, you can store them temporarily, but it is not recommended for the long term.
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Oshio-man
Jr. Member
Online
Activity: 98
Merit: 8
Jesus is coming very soon.
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August 12, 2024, 05:14:32 PM |
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This is what make people to like bitcoin investment, because they can use any amount to start the investment, you have a good plan by buying bitcoin every month when money enter your hands, and it will help you to have plenty bitcoin in your wallet because time will come when the price of bitcoin will pump higher to allow people to have the chance to make income which you can also use the chance to earn income too from the market. £20 you use to buy bitcoin, and it has accumulated to £40 show that before the end of this year, it will going to accumulate more when the price continue to rise.
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Belarge
Full Member
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Offline
Activity: 532
Merit: 100
Eloncoin.org - Mars, here we come!
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August 13, 2024, 05:05:37 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
No amount is consider small, remember the journey of a thousand mile begins with a single step. It's never too late to invest in bitcoin, it becomes a complex activity when an investor find him or herself on the extreme bearish season. This is a good time to invest but I would tender crucial warning because the system have been designated to cause huge losses for investors and traders. Bitcoin is the Centerpoint for the liquidation of trading accounts, I'm never sticking to a plan that's not healthy to us, rather we should always know our ideas and exploring them in the space.
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Coyster
Legendary
Offline
Activity: 2142
Merit: 1286
Crypto Casino and Sportsbook
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August 13, 2024, 07:38:23 PM |
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£20 you use to buy bitcoin, and it has accumulated to £40 show that before the end of this year, it will going to accumulate more when the price continue to rise.
£20 that OP does not remember where he bought it, he got bitcoin worth that amount, moved it to exodus wallet, but he cannot remember how he got it, but he knows it is now worth £40, sounds ridiculous to me. OP, maybe truly you shouldn't buy bitcoin right now, you might not be able to keep your coins safely, or you might just make mistakes whilst attempting to buy and thus lose your money, i'd advise you stick around, learn a few things until you are ready to start your bitcoin journey.
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Franctoshi
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August 13, 2024, 08:07:55 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
Your plan is good and you have taken a wise decision by going in gradually and Buying Bitcoin according to what you can afford at the moment, there are people that has used this method to achieve their goal of owing one Bitcoin, Then when must have started earning bigger amount of money you can think of scaling up a bit and accordingly too, because from historical performances of Bitcoin after Bitcoin halving, I tell you that you actually started your purchase at the right time if we have history say the same again.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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JunaidAzizi
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August 13, 2024, 08:13:05 PM |
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.
Also is it even legal for an under 18 year old to invest in bitcoin.
I have already invested £20 which is now worth £40.
If a parent opens a bank account for their child and saves for their future, and it is legal, then investing in Bitcoin is also legal. Since you are 18 years old, you should know how to take care of yourself. There are no capital limits in Bitcoin investing. In fact, I am surprised that at such a young age, instead of thinking about buying a PS5, you are investing in Bitcoin. This does not surprise me, but it will surprise you in the coming years when you continue to invest in Bitcoin every month. Soon, you will see a significant investment in Bitcoin. I suggest that as a teenager, you understand that the protection of your assets is always in your hands, so don't let anyone access your wallet. Also, don't be afraid of Bitcoin price decreases; always consider long-term investment..
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