Bitcoin for Beginners

How to buy bitcoin reddit

So even if you factor in the inflation of the token since all time high, the project is bleeding money. Hi everyone, let’s start with this, i have around 15.000$, how much bitcoin should i buy, would be better if i’ll buy half of amount first? I’m not new but i hesitating about https://topbitcoinnews.org/ it’s diversification, please suggest me something. I finally decided to buy BTC this week and put $300 CAD into a Bitcoin Depot ATM to break the ice and finally put stake in crypto. The ATM said there was a $3 service fee plus 5-9% (I can’t remember the exact amount).

  • It is obviously always fun to look at how well or not so well certain groups of investors are doing like whales, but I think it is even more fun to look at how well we are doing ourselves.
  • As pretty much most of you know he made a deal with another user that he would order him 2 pizzas in exchange for 10,000 BTC and the rest is history.
  • Im also tempted to take the hit on the tokens that are down and just put them into BTC/ETH.
  • So hopefully it was a pretty great pizza for Laszlo that he doesn’t regret buying.

Since then this has become a day called Bitcoin Pizza day celebrated amongst crypto community. By today’s Bitcoin prices he paid about 135 million USD for each pizza. So hopefully it was a pretty great pizza for Laszlo that he doesn’t regret buying. Right now it’s May 22nd, at least on my timezone, which means 13 years ago Laszlo Hanyecz, a BTCtalk forum user decided he wanted to trade Bitcoin for some real life good.

Physical bitcoin

It is obviously always fun to look at how well or not so well certain groups of investors are doing like whales, but I think it is even more fun to look at how well we are doing ourselves. If I had to guess what kind of a Bitcoin holder group most of this sub consists of, I would very likely be thinking into shrimps and planktons. As some of you might have seen, a dormant address containing 1000 BTC was recently activated after 12 years of inactivity. This is interesting enough, but when I looked up the 400 BTC transaction, I noticed the transaction fee.

How to buy bitcoin reddit

I have all my crypto on my Binance account right now and I understand that I’ll have to pay a fee to transfer each crypto into the wallet (which I’m okay with for this time). Just want to know if there is a cheaper way to do this in the future because I mostly DCA every month and to pay a txn fee every month on top of buying the crypto is kinda expensive I guess. I have a simple question regarding how to purchase crypto with as low as possible fees? Before acquiring my ledger I’ve bought on coinbase, then once I received my ledger I transferred my portfolio onto my ledger. Hi, so I’ve been buying bitcoin for a couple of months now and I think I found the cheapest way to buy bitcoin, at least for now.

Over $10 million in BTC was sent in 1 transaction this morning, and it cost the sender $5

I know I am late to the early adopters club however, I am interested in holding some insurance against financial collapse. In the end, I would like to hold bitcoin in a cold storage wallet, but everything I’ve seen seems to suggest that the only way to get there is to buy via a CEX then transfer it out of the exchange. I just wanted to share because this is something that might be worth to look in to, if you want to pay the least amount of money in fees. It is only lower to our massive accumulations this bear market while we were sub $20k.

In just one quarter they had reported $1,5B in profits, making them most profitably per-employee company worldwide. That tally was also not too far off from some of the biggest banks profits, with tens of thousands of more employees. I often forget what crypto can do because I’m not exactly transferring millions in crypto on a regular basis, but this is crazy, it would cost me 4x that amount to wire $50 from my bank account. This is what crypto is all about and anyone who can look at this and say crypto has no utility is blind. There’s nothing I dislike more than giving my bank information to these guys only for them to essentially say fuck you I still don’t trust you. I am a first-time crypto investor looking to purchase BTC and ETH primarily, but I am overwhelmed by the number of different apps/platforms I can use to start buying crypto.

The oldest known #Bitcoin price chart, taken at $0.03 cents, exactly 13 years ago 1,000 $BTC cost $30 🤯

My BTC target is 0.15 BTC and Eth Target is around 2.5 ETH. Im also tempted to take the hit on the tokens that are down and just put them into BTC/ETH. Even the market cap of Algo also just set a new bear market low.

How to buy bitcoin reddit

I was fine with the fee just to get started but when the BTC was deposited I was shocked to see the final amount was equivalent to $236 CAD. I feel cheated that there were hidden fees they didn’t tell me about. I thought the idea behind crypto was to cut How to buy bitcoin reddit out the middleman but it seems worse than banks from what I’ve seen. Recently we have got the quarterly report by Tether, which was also made by an independent auditor, giving it more reliability as Tether itself is not exactly that well trusted.

Over time I’ve realised the only options are either BTC or ETH

The money has been gone from my account for many days now but binance keeps telling me i have to wait 10 days. Need some other exchange for faster deposits and use of my crypto. If I wanted to buy some Bitcoin without the risk of not being able to pull it out of an exchange, what exchange should I use? Coinbase was usually how I bought in the past, but things look very uncertain with them. I think the price will go back up eventually, and I want to buy some while it’s falling.