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Can someone explain to me buying ethereum/Bitcoin
Posted on 11/28/17 at 12:55 pm
Posted on 11/28/17 at 12:55 pm
Is the Coinbase app the only way to go about buying some? Is there a preference over one or the other? I looked at the end of the thread on the front page but it seems to be a lot of people asking to be added? Do you have to be invited to join Coinbase? Thanks for any help.
7
Posted on 11/28/17 at 1:01 pm to TigerSaint1
Coinbase, Gemini, and other cryptocurrency exchanges are options.
Basically you go to their website and follow the instructions to set up an account. You will likely have to verify your identification by sending in a picture of your drivers license or something and it will take them a couple days to approve your account.
Then you will be able to link up a credit card or bank account to their website/exchange to deposit funds. Then you can purchase various coins (BTC, ETH, etc...) and begin trading or holding.
Basically you go to their website and follow the instructions to set up an account. You will likely have to verify your identification by sending in a picture of your drivers license or something and it will take them a couple days to approve your account.
Then you will be able to link up a credit card or bank account to their website/exchange to deposit funds. Then you can purchase various coins (BTC, ETH, etc...) and begin trading or holding.
Posted on 11/28/17 at 1:31 pm to TigerSaint1
There are other exchanges but Coinbase is generally the easiest to get started for a beginner. Sign up, submit your information to be verified, then transfer money from your bank onto Coinbase. Then you purchase bitcoin/ethereum
Posted on 11/28/17 at 2:17 pm to TigerSaint1
Sink all of your savings into it, sit back, become wealthy
Posted on 11/28/17 at 9:26 pm to TigerSaint1
buy, sell right as shite hits the fan and the bubble goes off like a nuke
Posted on 11/28/17 at 9:28 pm to TigerSaint1
remember, buying bitcoin makes you the greater fool, don't be the greatest fool
Posted on 11/29/17 at 8:14 am to TigerSaint1
My buddy that is deep into the cryto stuff told me to only use the Asian exchanges due to volume and he doesn't trust the US
have any of y'all done this? or is my buddy just paranoid?
have any of y'all done this? or is my buddy just paranoid?
Posted on 11/29/17 at 9:07 am to TigerSaint1
Another issue is, bitcoin is supposed to be a regularly used currency like the dollar but hardly anyone actually uses bitcoin the way it is supposed to be used
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