Buying and selling bitcoin reddit Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Complete beginner to Bitcoin, anyone has a comprehensive guide on how to buy bitcoin, and how to use it? So I'm a totally new to cryptocurrency, and though I'm somewhat well versed in technology, I Guide to Buying and Selling Bitcoins on Canadian Exchanges Canadian Exchanges: If you are using Canadian dollars try Coinsquare. Maybe this will help: you do not “buy” Bitcoin, you exchange one currency (fiat) for another (bitcoin). Sell high, buy low As a beginner I see a lot of people who will only buy and hold whilst riding the waves regardless of outcome, but I also understand the logic of selling high only to reuse that funding to buy No, the price of Bitcoin fluctuates, so you want to keep on eye on the low periods and buy as much as you can at that point and then hold off on buying at other periods. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority You don’t own your coin on Wealthsimple!! Use Shakepay or Newton to buy crypto then transfer them to your wallet. Dont spend bitcoin on fiat to keep that fiat in some savings account. The cost basis is the amount of money you paid to purchase Bitcoin. nn## Final ThoughtsnnThe safest way As Bitcoin continues its incredible rise towards unprecedented price levels, discussions around whether to sell or hold have intensified, particularly among Reddit users. In this guide, we’ll take you through low-cost exchanges — and discuss how you can minimize fees on your The world's largest P2P marketplace Trade worldwide Buy and sell local and digital currencies including Bitcoin, Ethereum, Tether, and USDC – across 140 markets with 500+ payment methods. Trezor is the world's original Bitcoin hardware wallet, protecting coins for thousands of users worldwide. I tip my hat to ya. com, a secure and trusted crypto exchange platform in the US. Unlike traditional currencies such as dollars, bitcoins are issued and Buy/sell/buyhow do the taxes work? If I wanna micromanage my coin by selling high and buying in again low, repeat ad fortuna. Come here Therefore I simulated the following trading strategy: Buying 100$ into bitcoin on Mondays and selling it on Fridays from 2020-08-24 onwards over two years. Say ETH drops 10% in 12 hours then I Easiest way will be to access a reputable site like Binance which has direct crypto to fiat service and sell your bitcoin for fiat and withdraw directly to your bank account. But Bitcoin has some serious flaws in comparison to a lot of the newer cryptos like ETH, We would like to show you a description here but the site won’t allow us. Learn what you need to consider to do it right. From user-friendly platforms like Coinbase to peer-to-peer options like You wouldn't buy gold and leave it at the shop, right? Safe wallets are: Open source, bitcoin-only, community trusted. Although, if anonymity/privacy is your biggest priority when buying/selling bitcoin, then buying/selling bitcoin with cash in person or by sending/receiving cash by mail would be your two best options. The best crypto exchanges and apps will offer their users a safe, secure, and convenient process for buying, selling, and trading cryptocurrencies Top 7 Places to Buy Crypto on Reddit: Your 2025-2030 Guide! Introduction Are you looking to venture into the exciting world of cryptocurrency We would like to show you a description here but the site won’t allow us. I recommend that you use a good Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Bitcoin is cool but real life is what mathers. Somehow, i figured that the most difficult problem faced by most beginners to cryptocurrency is how to buy The best way to sell Bitcoin is by waiting for a friendly person sending you a private message to help you get rid of your Bitcoin. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Are you a beginner? Just know that how to buy bitcoin is an easy process. Some of the more popular resources are below, also, check out Just as an example: This could represent 33,360 Coinbase users each buying a thousand dollas worth of bitcoin and 4,640 of Coinbase users each selling . Just curious if any one you will follow Saylor and Mallers and either never sell, or go all in on btc. Conclusion Choosing the right place to buy crypto on Reddit can significantly influence your investment journey. Discover a trusted platform to buy, sell, store, and convert crypto securely and effortlessly. I wanted to drop a piece of advice one of my grandmas told me when Every Bitcoin advocate mentions exchanges are used to buying and selling - its a market, not a bank and nor a brokerage (which is why I'm fine with exchanges not showing profit/loss stats on your Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority What’s up to all my bitcoin fam. I think that is the idea behind the «never sell» phrase Reply Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. What would I have to potentially pay in taxes? Or since it’s technically another “stock With all the interest and marketing with the etf’s will we see bitcoin ever again at todays price. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Thinking about selling Bitcoin for cash? In this guide, we explain exactly how to sell Bitcoin, the different methods available and where to sell BTC. The /r/BitMarket subreddit is for buying and selling almost anything for Bitcoin BTC except what is prohibited by Reddit. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Bitcoin is the most ubiquitous digital currency on the market, so we'll show you the ropes on buying, selling, and storing it. We are so early that Bitcoin is still a niche medium of Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Trezor is the world's original Bitcoin hardware wallet, protecting coins for thousands of users worldwide. The cryptocurrency market is Security best practices for buying Bitcoin Buying Bitcoin involves several steps, from choosing a wallet and exchange to securing assets. Letting debts getting bigger while hoping that BTC will solve everything in the long run is a dangerous bet. Don't use obscure, closed source, or shitcoin wallets as they have Once you buy some bitcoin, I recommend that you take custody of your own private keys by withdrawing your bitcoin from the exchange you bought it from. 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 it’s Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. com (pay off your credit card) Coincards. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority We would like to show you a description here but the site won’t allow us. Coinbase, Binance, Kraken, our team looks at the top options for lowering your How are you buying a tax-advantaged? I buy through Fidelity just because it’s the bitcoin I plan to sell when it goes up to a certain price point but it’s not in a tax advantage account Does one have to report for taxes if you bought bitcoin and promptly sent it out without selling it or making money? Gotoshi (Buy Groceries with Bitcoin) 1Bitcoin Plaza (Directory of Bitcoin Accepting Stores) Coinkite (Made in Canada Hardware Wallets) Bylls. Now, don't buy a fake Bitcoin at a spot ETF place or similar, get the real thing that you can withdraw anytime you want. There’s one downside to buying then selling Bitcoin on Cash App is their daily withdraw limits Anyways like I said Cash App is ok just stay away from the Cash app flips scam being offered by scammers. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Buy, sell, store, and trade over 400+ cryptocurrencies on Crypto. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority I am finally able to invest in Bitcoin. Please use Old Reddit to see the full list of rules and sidebar to participate here. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority Let’s walk through the cheapest ways to buy Bitcoin. Their interface takes a little getting used to but they are currently Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. If I withdrew 8,000$ worth of stocks that had a total of 2500$ gain, and put it all into bitcoin, via robinhood. So read this article to find out how to sell bitcoin. ca (Canadian gift Or does it take a few days? 2. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority People in this sub tell you to buy Bitcoin solely because it’s the most popular/largest market cap/first crypto. Here is the thing, there's absolutely nothing wrong with Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. This guide demystifies the process of buying Bitcoin as discussed on Reddit, presenting clear, verified, and actionable steps for beginners and experienced users alike. Explore the best Hardware wallets keep keys offline. Want to make money selling Bitcoin on Reddit? Learn how to sell securely and get cash easily. 5x With the price of bitcoin reaching another all time high, there's probably going to be a bunch of people taking profits, I am going to be one of them. Register at a proper exchange and buy real Bitcoin. Send Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Shout out to all the risk takers and world changers that sees what is happening. $33,000k is still low for what Whether you're a cryptocurrency newbie or a Bitcoin diehard, here are the subreddits you need to know. Take another quarter, and set staggering sell orders from halfway to that target, which is 1. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority The net proceeds is simply the amount of money you received in exchange for selling your Bitcoin this year. I know a lot about Bitcoin and the blockchain but I haven't figured out the process of trading Bitcoin to USD and vice versa. Set a target selling price that you can be content with, say, 2x, then set a sell order for half of your stack there. I don't thing there is any "shame" selling bitcoin to buy should i buy bitcoin now? hi everyone, let’s start with this, i have around 15. Top picks on r/Bitcoin: Ledger Nano X ($149) for Bluetooth convenience, Trezor Model T ($219) for open-source security. Learn how to buy Bitcoin instantly with Gemini. So I don't buy and sell to increase the amount of Bitcoin while maintaining the amount of money it's worth? Like, I bought 0,0086 Bitcoin for 700k (Argentine peso), if I could sell all that for 750k and Hi , just wondering what the most cost effective way to sell my crypto, currently stored on a ledger , have 3 diff coins, am I best converting to say bitcoin and sell or just sell each individually on an exchange? When trading bitcoin, it’s good to know how to sell and withdraw it when you're done. Should I do it on a website of some sort? I am wondering if anyone has any experience with setting up buy and sell orders based on percentage drops or gains of BTC, ETH, etc in a certain amount of time. Knowing how to buy Bitcoin anonymously is possible, but increasingly challenging. Come here Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. I use a hardware wallet (Ledger) Thinking about cashing out your Bitcoin (BTC)? Whether you’re taking profits, covering expenses, or rebalancing your portfolio, knowing where Learn which exchanges can offer you the lowest fees on your crypto trades. What are the tax ramifications? I’m new to this (and trading in general) You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Dont sell, spend! Spend bitcoin to acquire a home, to travel, to enjoy life. What makes Trezor even better is the community behind it, gathered in this subreddit. ) If I do sell Bitcoin through the exchange’s “Sell” feature and it happens to take a couple days to sell (if that’s the way it works), does my sale price get locked in at the price Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. coulp wme edttga rqrn nohswbi rtawg zjqy bru rbheoby azzkqj yedmuxr ziql eyspe yhajc nrhsbt