5 Things to Know Before Investing in Bitcoin (2020 Updated)
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Invest Crypto: Invest your cryptocurrency for great returns.
/InvestCrypto is a subreddit where people post about ways to invest their existing cryptocurrencies - Bitcoin, Litecoin, Dogecoin, anything! One shouldn't expect to make a living off this, but it's definitely possible to do well.
Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.
how can I invest in bitcoin without losing my real money? where can I go to? a bank? can I have a bank bitcoin account? can bitcoin thieves steal my bitcoin and real money savings? thank you beforehand.
How do I invest in Bitcoin, and is it still worth it?
Hello, I want to give a little information about myself before I continue. I'm a 20 y/o Canadian looking to invest for my future. I have a full time job as an insurance broker and I've been working here for a year now, and I'm more than likely going to pursue this job as a career. I keep seeing posts about people having millions now because they invested early, I don't think this is a get rich quick thing, but I don't see this currency plummeting to the ground in the future, is it still worth putting money into this currency? I'm not completely ignorant to how Bitcoin works, I've watched a couple documentaries on mining along with other things (and no my intentions aren't to mine Bitcoin). I want to know what steps I need to take if I wanted to pursue this investment choice. Edit: Thank you to everyone for their help, I will be doing some more research before I continue. Lots of great advice!
[uncensored-r/Bitcoin] How do I invest in bitcoin?
The following post by KINGZOOTED is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7jnalb The original post's content was as follows:
I have been trying to buy bitcoin for sometime now and I simply can’t. I’ve seen so many videos on YouTube and I just don’t know what I’m doing wrong. I just literally want to buy it using money I have. I downloaded coin base but whenever I try to buy it won’t let me. Does bitcoin only sell at certain times of the day? I believe platforms like coinbase are called wallets what’s some wallets that y’all recommend?
Hello, I'm Mark I'm a 30yr old poor lad from the Islands of the Philippines. /bitcoin please guide me. -how do i invest in bitcoins? where do i start? -is it profitable if i just buy 1 Bitcoin? Because that is all i can afford right now, $1,000 is a huge chunk of my net worth. Will i have problems selling it? -i know i can just google the answers to my questions but i prefer asking you guys because the wisdom and knowledge you can give me is valuable.
I want to get my dad investing in Bitcoin / crypto and he's asked for evidence from respected experienced investors who believe and are investing themselves..testimonials... What's the best approach and resources? He's generally a safe investor (tracker, low yield funds) however after a few wines he's starting to look his pension pot and have a play around
Started investing in bitcoin using coin base pro. But as I look more into it most guides recommend storing your currency on an offline ledger or wallet. How do you protect yourself from a flash crash or 20% drop in value if its in a wallet?
Everywhere I see points to not leaving your crypto or cash on an exchange as they can get hacked, or your account can get hacked and your money taken. They recommend you use an offline ledger like the Ledger Nano X as an example, or a digital wallet. This is all fine but how do you protect your bit coin value in the case of a flash crash? Or do you need to choose? Thanks for all the responses and helping understand :)
My friends trying to get me to invest in Bitcoin. How do i know I'm not getting scammed?
So my friend messaged me for the first time in a long time, telling about this great investment oppurtunity with Bitcoin. I was curious so i asked him if there were any downsides to look out for, and he said there were none whatsoever. He even promised me that within 24 hours i could start getting bitcoin immediately. I could invest $200 and get $3,500 in Bitcoin It sounded way too good to be true. Does anyone else have any better insight? Do people in bitcoin reach out to people to invest or is he trying to scam me?
As we all know, the US is printing massive amounts of dollars. On the long term, this will create inflation and thus the dollar will be less worth and also your income So I see clearly that on the long term (not short term) the value of bitcoin will explode, some even say to 60 000 , with the current stimulus plans, I think it is realistic that bitcoin will move up quite high So I am also thinking to invest in bitcoin, but on the long term (3 or 5 years or more). However, how do you invest in bitcoin in a safe way? I know official companies where I can buy the bitcoins and I also understand you need a wallet. What is the best way to buy bitcoins and how to save it: locally or online with a wallet? Locally sounds safe, but then you need to have multiple backups in case something happens and we have heard stories where people lost their bitcoins on their computer Online is easy but who can guarantee that I will have access after a couple of years since this will be a long term investment, I need to be sure, that I can get my bitcoins in 5 years or more time
How do I let go of regret for not investing in Bitcoin in 2016?
Okay, so back when I had my graduation money in high school, I was longing to buy Bitcoin and I was so close but I didn't now that the price has skyrocketed, it really makes me sad that I didn't invest in it.
How do I convince my father in law to give me $11k to invest in Bitcoin
The title says it all. He does pretty well for himself and he's always down to make money. How can I explain in terms that a 55 year old man who is not tech-savvy would understand that bitcoin is a good investment? It's clear that the only way to make any real profit from BTC is buying big, and I know I would get a commission
I am a total beginner to Bitcoin but I am interested in investing. How do I do it? Where Do I Start? What Wallet should I use? etc.
Like the title said I am new to Bitcoin but I’m interested in investing a couple hundred into it. I will probably end up holding onto bitcoins until the price goes up and if the price goes down I can invest in it more. I really need the right direction to go to such as which wallet is secure, where can I buy them, how much I should invest in 2019, etc. Note: I am a minor so I don’t know how that affects anything.
Other ways to buy or invest in bitcoin. Bitcoin ATMs. These work like normal ATMs, only you can use them to buy and sell bitcoin. Coin ATM Radar shows more than 7,000 bitcoin ATMs around the U.S. Different bitcoin brokers offer different specific services; for instance, some are merely exchanges, which allow you to invest with bitcoin similarly to how you would with a stock market brokerage account. Read our guide to the Best Bitcoin Mining Software. Exchanges for Investing in Bitcoin. Exchanges are the most straightforward and popular method for acquiring Bitcoin. There are well over 100 operational Bitcoin exchanges worldwide, but steering clear of exchanges that are known for wash trading and sticking with major reputable exchanges is the most prudent move. Last Update June 8th, 2020.A Bitcoin Stock Exchange is a trading platform where people can access real-time prices to freely buy, sell or exchange bitcoin with other virtual currencies or traditional fiat currencies such as the US dollar ($), Euro (€) or British Pound (£).. In order to trade professionally and have full access to various trading tools, customers must open an account on a ... BITCOIN REVOLUTION In 2020, invest in Cryptos & Forex with Bitcoin Revolution. Bitcoin Revolution is an app for 100% automated trading on cryptos and forex. A.I. based algorithm and easy to use. Try it! START NOW LOGIN
How to Invest in Bitcoin and Cryptocurrency in 2020 - YouTube
How to make money from Bitcoin?This video expains in detail how to get started in making money through bitcoin. Follow me on Facebook https://www.facebook.co... ATTENTION: I AM NOT ON TELEGRAM!!! To anyone who is being approached under the scam please report to Telegram. How I got Rich off Bitcoin! We've all been hea... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. This is your beginners guide on how to invest in bitcoin and how to invest in cryptocurrency in 2020. In this video, we will cover how to get started with cr... Desperate kid wants to know how to invest in bitcoin #bitcoin #cryptocurrency.