High Plains Drifter (OP)
Sr. Member
 Offline
Activity: 289
Merit: 250
"The fish rots from the head first"
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April 25, 2014, 10:50:15 PM |
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Greetings,
I'm a regular ham-n-egger in every sense of the word and most of these discussions are way over my head. However, I know an opportunity when I see it and would like to invest in Bitcoin or rather one of the other crypto-currencies that have more room to run. Where is the safest place to do it? I don't want to trade them or buy anything with them. For me this is a long term investment. Thanks!
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Believe in the Shield!
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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odolvlobo
Legendary
Offline
Activity: 4298
Merit: 3214
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April 26, 2014, 12:16:49 AM |
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If you are in the U.S., then LocalBitcoins and Coinbase are your best options. Also, consider doing more than just buying bitcoins and sitting on them.
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Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
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byt411
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April 26, 2014, 12:35:06 AM |
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If you are in the U.S., then LocalBitcoins and Coinbase are your best options. Also, consider doing more than just buying bitcoins and sitting on them.
Yeah. You could invest in bitcoins and use them to invest in other things. |
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PerrythePlatypus
Member
Offline
Activity: 109
Merit: 10
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April 26, 2014, 04:14:53 AM |
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Greetings,
I'm a regular ham-n-egger in every sense of the word and most of these discussions are way over my head. However, I know an opportunity when I see it and would like to invest in Bitcoin or rather one of the other crypto-currencies that have more room to run. Where is the safest place to do it? I don't want to trade them or buy anything with them. For me this is a long term investment. Thanks!
The safest is Bitcoin ATMs since they are instant and does not require anything except cash or your ID. |
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Polyrhythm
Newbie
Offline
Activity: 26
Merit: 0
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April 26, 2014, 05:18:45 AM |
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I found Coinbase to be very noob friendly...and they have very fast and courteous service. On the flip side, I had an issue with vanishing bitcoins (a website glitch, not anything serious) within the first week. Also, their prices are kind of high, but I like the site overall and the interface.
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bryant.coleman
Legendary
Offline
Activity: 3654
Merit: 1217
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April 26, 2014, 05:31:04 AM |
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I found Coinbase to be very noob friendly... None of the major Bitcoin exchanges (perhaps with the exception of localbitcoins) are noob-friendly. Bitcoin itself is finding pretty much limited to the tech savvy. I hope this will change as the time progresses. |
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Soappa
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April 26, 2014, 10:04:29 AM |
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You can buy it on Coinbase or Bitstamp or localbitcoins, but it is better to store your bitcoin on a paper wallet rather than on the exchanges.
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jodybay
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April 26, 2014, 01:18:14 PM |
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i recomend localbitcoin because can arrange a meet ups to to the seller to buy some coins its not safe to put it in some exchange site you can have a paper wallet for that
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pinksheep
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April 26, 2014, 01:33:07 PM |
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I can recommend a very reputable place to buy bitcoin in the UK, but I presume from your forum name, you are in the US. Like you I was completely new to BTC & the people I bought from were beyond helpful. I'm sure it's not an exaggeration to say I emailed them maybe 100 times as I tried to set up a paper wallet. One of the guys actually set up a video chat with me to help me get it done.
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jodybay
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April 26, 2014, 01:38:01 PM |
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you can also buy from a trusted escrow here they can guide you im sure talk to escrow ms kouge or tomatocage im sure they can help you with that
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counter
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April 26, 2014, 11:08:36 PM |
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If your asking for an exchange then I'd try and do some searching for the best reviewed exchanges for coins. Also take the time to read posts here to try and get an idea of what other users have experienced there. The time you put into learning where your money is going will pay off.
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Salmon1989
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April 27, 2014, 12:55:07 AM |
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Also, consider doing more than just buying bitcoins and sitting on them.
You could invest in bitcoins and use them to invest in other things.
I know buying ASIC and cloud mining hashrate are not good investment. Any suggestions, other than investing in the bankroll of casinos? |
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byt411
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April 27, 2014, 12:56:56 AM |
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Also, consider doing more than just buying bitcoins and sitting on them.
You could invest in bitcoins and use them to invest in other things.
I know buying ASIC and cloud mining hashrate are not good investment. Any suggestions, other than investing in the bankroll of casinos? Check out HaveLock Investments or CryptoStocks. I currently own 2 B.MINE shares on Havelock. |
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Salmon1989
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April 27, 2014, 01:25:11 AM |
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Also, consider doing more than just buying bitcoins and sitting on them.
You could invest in bitcoins and use them to invest in other things.
I know buying ASIC and cloud mining hashrate are not good investment. Any suggestions, other than investing in the bankroll of casinos? Check out HaveLock Investments or CryptoStocks. I currently own 2 B.MINE shares on Havelock. OK, thanks for the advice. I will take a closer look at them soon.  |
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werrindor
Member
Offline
Activity: 98
Merit: 10
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April 27, 2014, 05:09:31 AM |
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If you are in the U.S., then LocalBitcoins and Coinbase are your best options. Also, consider doing more than just buying bitcoins and sitting on them.
Are LocalBitcoins and Coinbase are only for citizens of the US? Can I use them in Spain? |
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oXo
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April 27, 2014, 05:44:05 AM |
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In my opinion Coinbase is the best place to buy bitcoins for U.S people. Bitstamp is an option too. If you are in the U.S., then LocalBitcoins and Coinbase are your best options. Also, consider doing more than just buying bitcoins and sitting on them.
Are LocalBitcoins and Coinbase are only for citizens of the US? Can I use them in Spain? Coinbase is for U.S citizens only "I think", LBC is global and it's peer to peer (you directly trade with other members not the website) |
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byt411
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April 27, 2014, 12:06:41 PM |
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If you are in the U.S., then LocalBitcoins and Coinbase are your best options. Also, consider doing more than just buying bitcoins and sitting on them.
Are LocalBitcoins and Coinbase are only for citizens of the US? Can I use them in Spain? If you are in Spain, try Kraken.com. There is no identity verification required. |
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Monkey1
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April 27, 2014, 06:31:51 PM |
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Buy BTC, keep offline in Armory cold storage. Make a watching wallet for internet PC. Sit back and profit.
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pinksheep
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April 27, 2014, 10:07:51 PM |
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or at the minute, sit back & watch your investment go downhill every day |
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PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
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