Money Talk

New to bitcoins. Please help me!

Submitted by clydenburg, , Thread ID: 188757

Thread Closed
05-12-2020, 09:49 PM
#1
Hi Everyone.
A friend of mine invested in bitcoins and have enough money to buy a home. She did it in less than a year and I am really surprised she saved up so much.
She also bought stocks. I don't have much money, but how do I invest in bitcoins with little amount of money?
All suggestions are welcome.

RE: New to bitcoins. Please help me!

#2
At the moment I wouldn't invest I would wait for the cost to go back down and it most likely will. I do crypto but not loads and I started with 10 and now over almost 300 the last jump a couple of weeks ago i basically doubled my money with XRP and litecoin

RE: New to bitcoins. Please help me!

#3
interested in knowing where the best places are to buy bitcoin

RE: New to bitcoins. Please help me!

#4
Bitcoin is the king of all crypto. Is this post not enough? You make me write a 50 character post when all I want to do is type a small post. Here is your 50 characters since you FORCE me to type this!! Thanks again ALL I WANT IS A DOWNLOAD LINK but you force me to do this crap. Thanks ban my account i really don't care

RE: New to bitcoins. Please help me!

#5
07-12-2020, 12:28 PM
stepclrk Wrote:
interested in knowing where the best places are to buy bitcoin

Some banks/debit cards prepaid online offer you the possibility to buy Bitcoin through their apps. In Italy there are 2 banks online offering this possibility, in the world I know only Cash App (suitable for beginners).

If you would like to rely on more traditional methods, you can evaluate among the most famous exchanges with a clear history, such as Coinbase or Binance.

Remember, however, that this historical period is NOT suitable for investing in bitcoin. It's true, lately Bitcoin has reached a value of $19,000, but remember that this is a psychological threshold, it is so called because $19,000 is the historical maximum reached in 2017. It must be said that Bitcoin has performed 5000% in the last 5 years, compared to 75% of gold, so from a speculative point of view it is a very interesting asset, but its great volatility represents a big limit.

At most I can advise you to invest about 5-10% of your assets as a preventative percentage.

RE: New to bitcoins. Please help me!

#6
I suggest putting in just a little, whatever you can afford to lose basically. When you're more confident put in some more!

RE: New to bitcoins. Please help me!

#7
Bitcoin is the king of all crypto. Is this post not enough? You make me write a 50 character post when all I want to do is type a small post. Here is your 50 characters since you FORCE

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