Bitcoin - way to invest

🤝 Help
82

Interesting point of view:

83

Small correction going… be prepared to buy more :rocket:

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84

Buy the dip, steady onwards. :roller_coaster:

85

Argo? Maybe a good buy right now.

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86
87

Check this out and also DYOR:

Hargreaves L today:

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Trading212 today:
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88

Which of those 2 platform would you use for investing in Bitcoin in UK?

BINANCE vs eTORO. What would be the Pro/Cons of each other.

I know etoro is T212 competitor, but I am just looking at the Bitcoin side.

Any suggestion would be appreciated.

89

Honestly mate use Coinbase Pro (best for U.K. users imho) and cheap (0.5% fee) much lower than Coinbase regular app despite having same login details

90

Coinbase pro vs binance - any difference? We can buy fraction of btc like fractional shares I presume?

91

Yes, it is possible, no need to buy a full bitcoin.

92

Thanks - coinbase pro and binance are the 2 suggestions above. Anything to choose between them?

93

I personally prefer Binance, but others might prefer Coinbase Pro. I think Binance has lower fees, but not sure as I didn’t try Coinbase Pro. Anyway, if you buy, don’t leave your coins there, transfer to your private wallet.

94

Thanks… Will I have this wallet within binance or is it something I have to set up differently?

95

If you’re a beginner, use the Binance Lite interface (easy switched on by a toggle in the settings) and it is quite user friendly so has guides and tutorials for new users in set up.

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96

It’s a “hot wallet”, with its own unique address, in the sense your crypto is stored in your wallet but online & some kept on the exchange. If you have small amounts (few thousand and below) this platform risk is fine.

97

Binance is 0.1% :wink:

98

Im quite new to all this bitcoin stuff, is there any fees on Riot Blockchain and Marathon Patent ? Or are they in a different sector since they mine the bitcoins

99

Ok. I would just like to deposit a small amount 500-1000 for a start to see how it goes. Binance should do then. Btw, I am from UK. Would that be fine?

100

If you don’t know what is a wallet, I strongly suggest to leave your coins on Binance or Coinbase for a while. They are very save and it should be fine to keep some coins there.

Then read a lot to understand how the Bitcoin/Blockchain/wallets works and decide by yourself what to do.

I have a hardware wallet, it’s the better way to store your keys, but I have transferred all my coins to platforms that pay interest on them.

You have to calculate your risk vs rewards.

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101

Yes, I’m from U.K. too and have an account