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Re: new to bitcoin i would like some help on which exchanges to use to buy coins
by
HerrAndreas
on 17/07/2015, 09:56:07 UTC
hello

i see bitcoin growing and lots of people are going to adopt it, i am in south africa and not much pple know abt bitcoin, i would like to start buying some coins i see the price of bitcoin is on the rise i wish to keep them hoping to sell them when the price is significantly up, can anyone recommend any decent international exchanges i can use to buy bitcoins
thanks
 

First off:

Please wipe that Rand Symbols from your eyes.

If just buying some bitcoin and waiting for the magic internet money to work were actually a successful strategy, these forum pages would be full of really wealthy people.

apart from that:
if you are just entering the world of bitcoin, I suggest to stick with the houshold names:

bitstamp, kraken, bitfinex (to some extend), anx, ofcourse person to person trades with taking the obvious precautions via local bitcoins or mycelium local trader.

good luck and please never forget:

there is no free lunch.

if it sounds too good to be true,
it is not true.

dont fall victim to fear or greed.