How do I invest in crypto

[kingstonkid]

Is there anyone in Thailand tha knows what they are doing?

 

Also what I want to do is invest on a month to month basis is that possible and how and where do I go to do it?

[beachproperty]

symbol GBTC is a crypto trust (Which holds crypto coins) and it is traded  Over the Counter. Also there are crypto miner (RIOT and MARA to name a few) who mine crypto.

Edited January 31, 2021 by beachproperty

[KannikaP]

Coins.co.th. Easy and efficient, and if you do things at just the right time, profitable. I only dabble but in the last 4 months Bht 30,000 in, Bht 19,000 out.....and I still have Bht 30,000 !

[Don Chance]

I'm not sure crypto is actually an investment. You could lose all of it. It has no real value.

 

You can get it here locally.

[ChipButty]

As somebody already said coins.co.th it's simple nothing technical

[Hamus Yaigh]

1 hour ago, beachproperty said:

GBTC is a crypto trust

This is linked to BTC. Other Greyscale products for Etherium etc.

[Hamus Yaigh]

1 hour ago, KannikaP said:

Coins.co.th

Last time I used them they only did BTC? Another service Bitkub has many more crypto types to buy.

[hamiltonlad]

Open an account on an exchange - there are many to choose from.

Check out the market and where coins are trading on www.coingecko.com - you will find all the information for each coin there

It is always best to store any coins you have purchased off an exhange for security in a separate wallet.

Search YouTube for all the information and guides is another good starting point.

 

[Chivas]

Whilst its not the cheapest if you've got a standard Revolut bank account you can buy via the app with no further verifications required which you'll certainly get trying to open on Coinbase etc etc

[GreasyFingers]

2 hours ago, kingstonkid said:

Is there anyone in Thailand tha knows what they are doing?

 

Also what I want to do is invest on a month to month basis is that possible and how and where do I go to do it?

As a poster said above you do not invest in crypto, you speculate in the modern language but when I went to school it was describe as gambling, not that I have anything against gambling.

[talahtnut]

2 minutes ago, GreasyFingers said:

As a poster said above you do not invest in crypto, you speculate in the modern language but when I went to school it was describe as gambling, not that I have anything against gambling.

Quite right, I dont invest in anything that could disappear overnight, keep to assets, that is

providing they dont get nicked.

[phetphet]

This is the one I use.  www.bitkub.com

 

Be careful.

At the moment, some coins like Dogecoin and Ripple XRP are being pushed along the lines of the  s'ell wallstreet" phenomenon.

The word is they are going to start pumping XRP tomorrow at 08:30 US Eastern Time

.It is already climbing. But who is to say the pumpers didn't buy early and will dump tomorrow as the price rises.

 

 

 

 

 

Edited January 31, 2021 by phetphet

[Chivas]

4 hours ago, phetphet said:

 

.It is already climbing. But who is to say the pumpers didn't buy early and will dump tomorrow as the price rises.

 

 

 

 

 

 

I intend to be out at 13.00 GMT 30 minutes before the official "kick off"

My view is that servers will crash if you leave it later

Edited January 31, 2021 by Chivas

[chicowoodduck]

Ahhhh, another fool and his money.....No One knows what they are doing in Thailand.....that is a given.....on TV is more so....????????????

Edited January 31, 2021 by chicowoodduck

[1FinickyOne]

11 hours ago, talahtnut said:

I dont invest in anything that could disappear overnight,

and where would you go to look for it? 

 

i agree... I will sit this fad out...

[mr mr]

20 minutes ago, 1FinickyOne said:

I will sit this fad out...

 

yes blockchain defi and smart contracts are most certainly a fad. 

smh. 

[mr mr]

6 hours ago, Chivas said:

 

I intend to be out at 13.00 GMT 30 minutes before the official "kick off"

My view is that servers will crash if you leave it later

 

right now it is feb 1 8am thai time. so with this you mean feb 1 830am est yes ? 

 

so basically tonight in thailand. i watched doge the other day and am really depressed from watching what happened. i was simply too beotch to jump. plus i was holding link for a short trade but my target was a bit high and didnt hit. 

 

if it happens with xrp i wont do the same this time. i watched doge go up 100 percent in like 15 minutes. 

[Dazinoz]

11 hours ago, talahtnut said:

Quite right, I dont invest in anything that could disappear overnight, keep to assets, that is

providing they dont get nicked.

I used to think that. But when several of my shares disappeared off the board overnight I started thinking differently. A couple days ago I sold my whole 0.933 BTC and made $32,000aud profit. Never made that much on shares. Yes cryptos could go bust and a lot will but so can shares.

[lanng khao]

Contact david bond on twitter,hes in bangkok,they hold meetings for fellow cryptonites there,hes knows his stuff.

[ChakaKhan]

13 hours ago, Don Chance said:

I'm not sure crypto is actually an investment. You could lose all of it. It has no real value.

 

You can get it here locally.

Some say the way to go is Solar--AI-and electric cars.......as GM has locked into it(latter)..or what would be your picks?

[Antiparovian]

By far the easiest way is to invest in a Crypto Tracking Fund. I use BIT-XBT Provider Tracker for Bitcoin and XBT Provider Ether Tracker euro for Ethereum. 

[TigerandDog]

15 hours ago, Hamus Yaigh said:

Last time I used them they only did BTC? Another service Bitkub has many more crypto types to buy.

bitkub is not accepting new registrations at the moment. The govt shut them down due to some problems with their servers crashing. The thing that annoys me about this is that investers who had already registered are still able to continue trading. One thing in their favour, if/when new registrations reopen, is that they offer a larger variety of coins to invest in than all of the other platforms available in Thailand.

[thepdru]

17 hours ago, KannikaP said:

Coins.co.th. Easy and efficient, and if you do things at just the right time, profitable. I only dabble but in the last 4 months Bht 30,000 in, Bht 19,000 out.....and I still have Bht 30,000 !

how to know that it's very safe ? I want to invest 5 MB.

 

 

[KannikaP]

42 minutes ago, thepdru said:

how to know that it's very safe ? I want to invest 5 MB.

 

 

Maybe do 1 MB in five different companies. Eggs & basket!

[rwill]

Download Atomic Wallet.  You can buy and exchange through it using a debit/credit card.  Not all of the tokens though but most of the major ones.  They take 5% commission on purchases.  You can't sell through it though.  No ID verification needed.

 

Caleb & Brown is a good crypto broker.  5% is normal commission with them.  They are based in Australia.  You have to do some basic ID stuff to open an account with them.

Edited February 1, 2021 by rwill

[Chivas]

4 hours ago, mr mr said:

 

right now it is feb 1 8am thai time. so with this you mean feb 1 830am est yes ? 

 

so basically tonight in thailand. i watched doge the other day and am really depressed from watching what happened. i was simply too beotch to jump. plus i was holding link for a short trade but my target was a bit high and didnt hit. 

 

if it happens with xrp i wont do the same this time. i watched doge go up 100 percent in like 15 minutes. 

 

No its 13.30 GMT which is 08.30 EST today Monday 1st Feb

Its currently 05.53 here in UK so about 7 and a half hours to go

 

Edited yes you were correct the first time I purely read it wrongly...apologies

Edited February 1, 2021 by Chivas

[rwill]

4 hours ago, mr mr said:

 

right now it is feb 1 8am thai time. so with this you mean feb 1 830am est yes ? 

 

so basically tonight in thailand. i watched doge the other day and am really depressed from watching what happened. i was simply too beotch to jump. plus i was holding link for a short trade but my target was a bit high and didnt hit. 

 

if it happens with xrp i wont do the same this time. i watched doge go up 100 percent in like 15 minutes. 

I bought some Doge but then when it went up I couldn't do anything with it.  All the exchanges were overloaded by it.  When I finally could do anything the next morning it was barely above where I had bought it at.  So you probably didn't miss anything.

[bbabythai]

6 hours ago, chicowoodduck said:

Ahhhh, another fool and his money.....No One knows what they are doing in Thailand.....that is a given.....on TV is more so....????????????

Old boy talk...... Bitcoin is going above 100k a coin one day. Those of us who invested will be laughing all the way to the bank

[bbabythai]

5 hours ago, Dazinoz said:

I used to think that. But when several of my shares disappeared off the board overnight I started thinking differently. A couple days ago I sold my whole 0.933 BTC and made $32,000aud profit. Never made that much on shares. Yes cryptos could go bust and a lot will but so can shares.

When btc goes above 100k a coin you are going to kick yourself for taking such small profits

[allanos]

The depth of ignorance about crypto can be astonishing. Those that care to know nothing about it tend to shout it down the loudest.

 

Crypto and digital currencies are the future. Paper money is the past. Crypto fiat is on its way in China, and Christine Lagarde of the ECB has recently stated that they are starting to develop crypto currency for the Euro Zone. Expect something similar from Janet Yellen.

 

This doesn't mean that they will give the green light to Bitcoin, but some lesser central banks may start to employ it.  Pakistan has diverted some government funds to mine Bitcoin, an interesting move.

 

I agree that Bitcoin is a speculative venture. But why would I argue against such luminaries as Pay Pal, with over 300 million customers, or Grey Scale,

or punters like Goldman Sachs and JP Morgan?

 

Bitcoin may well be the Face Book of financial networking. It now has momentum. Do I want to get on the train whilst it is still at the station and yet to get going? I'm already on board, with 200% profit and looking forward to the ride to come!