Quote from: mayo2u on December 14, 2017, 03:41:31 PM

Quote from: ummahusla on December 14, 2017, 01:50:06 PM

Quote from: Thirdspace on December 14, 2017, 01:36:08 PM

It's a good idea!
cons: depending on how you buy your BTC, the current minimum tx fee will be the downside
it would cost you (or seller) significantly high when dealing with low amount transaction
if you can find a way to reduce the fee close to negligible, it would be perfect

Atm I just registered on Coinbase and waiting for verification from there, I thought of buying on monthly basis. Is it a good idea?

Coinbase has fairly high fees as well. Take a look at GDAX. It's owned by Coinbase and the fees are considerably lower. Don't forget to pay attention to other exchanges as well. Gemini is a good US based exchange with far lower prices than Coinbase (although higher than GDAX).

Don't forget to get your own wallet, or if that confuses you start researching what's involved in having and using your own wallet.

You could probably set up a recurring deposit from your bank side and schedule it ahead of time with the exchange. Personally hate Coinbase, but its not the worst place in the world. It does make things like this easy.
Personally I prefer Kraken for both Euro and USD trading, but thats my opinion.
You can always just save some of it up until the tx fee would be worth it (around 10 dollars each right now) and then when theres enough you can pass it along at a certain limit

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The best way to protect yourself from volitility is to do many small transactions (ie 25 ea) rather than one big one. This way it all averages out with massive swings.