Ninjastic
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Re: Buying Bitcoin
by
Grace333
on 06/03/2025, 17:33:35 UTC
⭐ Merited by Su-asa (1)
Quote from: Wakate on August 16, 2024, 08:52:09 PM
Quote from: Ojima-ojo on August 13, 2024, 11:02:22 PM
Quote from: epoc02 on August 02, 2024, 08:36:33 PM
I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.

Also is it even legal for an under 18 year old to invest in bitcoin.

I have already invested £20 which is now worth £40.
You last question contradict your First question, because you wanted to know what the possibility and position if you buy a £10 worth of Bitcoin, but in the last question you mentioned that you already bought Bitcoin worth £20 that have increased in profits x2 which now is at £40.

With the above statement it means you may be far from the truth and should at least rephrase yourself statement again so that we can contribute rightly.
I think he has problem with sentences because his words are quite contradicting. Maybe he is not saying the truth because the way he has written it is quite misleading. We can always buy different units if Bitcoin and it all depends on where we are buying it and from whom we are buying it. There are exchanges where users can buy as low as $5 worth of Bitcoin. If op is quite sure that he is saying the truth, then he shouldn't be asking this kind of question about whether he could purchase smaller units if Bitcoin just like he had bought few times ago. It is good we keep buying and holding before the bull continues.

From what I read the op was not contradicting his statements, he said he is invested £20 which later increased to £40 and he is asking if its possible to invest £10 probably because his highest invested amout is £20. Op you can make £10 investment per month as long as its within your financial capacity so you don't get distracted in trying to make premature withdrawals. Making use of the DCA strategy you can actually invest little amount continually for a long period of time until you arrive at your set goal. Your investment decision is personal however you can also keep it anonymous so you don't get monitored,  also I love to advise you to keep you seed phrase safe.