- In your personal opinion, is now a good time to invest in Bitcoin?
- Given the fact that Infosys is now considering bitcoin to be integrated in Fincale, yes it is. But, you can never predict all global factors to affect the price.
- Would it be better to buy in small increments over time or all at once?
- Have some for long term. Otherwise try arbitrage.
- What exchange would be the most reliable to buy bitcoins in India? I've tried out unocoin.com and it seems to be sufficent.
- All are new. So test everyone to see which fits you the best. Currently at hand are...
Shop: www.unocoin.com
Real Time: www.coinsecure.info, www.btcxindia.com
Direct Trading: www.localbitcoins.com, www.100bit.co.in
- Would it be alright to store the Bitcoins in an online wallet such as the exchange itself and blockchain.info or is a private wallet the only way to go?
- Never keep your coins in an online wallet, not to mention in exchange wallets. You dont know who will turn into Mt. Gox when. That is why I personally prefer Direct Trading exchanges over Real Time ones.
Answered in your list in my best capability...