8
votes
Do I have to buy a full bitcoin to get the price increase?
If you have 0.1 BTC and the Bitcoin price is $10,000, it is worth $1000.
If the Bitcoin price becomes $20,000 you will still have 0.1 BTC but it will be worth $2000.
- 3,609
2
votes
Buying Ripple XRP with Bitcoin BTC
The usual process is this:
You create an account on the exchange.
You go through their menus to deposit bitcoins.
They give you an address to send bitcoins to.
You withdraw from Coinbase to that ...
- 51.2k
2
votes
Do I have to buy a full bitcoin to get the price increase?
I'm not sure when you say "If I buy half a bitcoin at $500" whether you mean you paid $500, or whether you mean the price of one bitcoin was $500 and you paid $250 for half a bitcoin.
If you buy half ...
- 1,035
2
votes
What are the limits for European banks to allow crypto trading?
Here's a link that has a list of various banks in Europe that are fine with crypto trading:
https://thebanks.eu/articles/crypto-friendly-banks-in-Europe
Most definitely DYOR, I'm not sure how ...
- 187
1
vote
Coinbase - converted BTC to Euros but now Euro amount has changed
Recently I converted some of my BTC to Euros on Coinbase. I needed €5000 euros exactly. The fee was €74.50, ok fine. That left me with €4925.50.
Are you sure the btc2eur conversion was successful?
I ...
- 637
1
vote
Buying Ripple XRP with Bitcoin BTC
You can use https://shapeshift.io/#/coins to convert your Bitcoin to Ripple and other cryptocurrencies.
- 553
1
vote
Looking for a place to buy bitcoin with a credit card
you can try Cubits, they are Bitcoin payment processor based in UK and Germany.
- 11
1
vote
Accepted
How do I calculate a hypothetical trade?
263.95 [USD/BTC] / 233.56 [USD/BTC] * 1 [BTC] = 1.13 [BTC], i.e. for each BTC you sold at the higher price, you can rebuy 1.13 BTC at the lower price.
The underlying concept is explained on Wikipedia:...
- 68.6k
1
vote
Are the transactions displayed on "BitListen" really accurate?
Yes it's real. If you don't believe it you can simply look at a block explorer and view many other transactions of similar sizes.
- 5,388
1
vote
Is there any Cryto exchange that supports automatic sale when profit above X % and buy again when price drop to previous price and repeat this cycle?
I think it will be better to divide your deposit into two parts. Half in USD and another half in BTC. First bot tries to maximize your profit in USD. Second - in BTC. Any price moving makes you rich
- 6,724
1
vote
Opening a short position on Kraken requires BTC to begin with?
You have to get money into the exchange to purchase and secure your position somehow. BTC is probably an easy way to do it but you could also do it with EUR or USD. You will need BTC to close the ...
- 51.2k
1
vote
How do I buy Bitcoin with cash?
Yes surely you can, Check out this website : https://localbitcoins.com/country/CA
- 3,609
1
vote
Accepted
Effective way for transferring cryptocurrency money from one wallet to other
Yes, it is probably cheaper to have your friend send you an altcoin, but if your end goal is to own BTC, then just have him send you BTC. I say this because:
The exchange you're going to send to will ...
- 17.7k
1
vote
How can I transfer my bitcoins from my wallet to a market place?
Marketplaces (as well as ATM's for this matter) typically require you to send the bitcoins to an address of theirs. As soon as that transaction confirms, they send you cash via a traditional bank ...
- 165
1
vote
Do I have to buy a full bitcoin to get the price increase?
Technically you don't earn anything until you sell it. So just consider it like any other commodity:
Start off with 0 bitcoin and $500
Buy 0.5 bitcoins for $500.
You now own 0.5 bitcoin, and $0. ...
- 111
1
vote
Do I have to buy a full bitcoin to get the price increase?
Bitcoin is like any other investment, you will profit/lose the percentage Bitcoin changes on your capital investment.
If you invest 100$ into Bitcoin and Bitcoin increases 10%, you will earn 10% on ...
- 251
1
vote
Do I have to buy a full bitcoin to get the price increase?
1 kg tomato is $10,000 today.
If you buy 1/2 kg tomato today, you would have paid $5000 today to buy that.
If 1 kg tomato becomes $20,000 tomorrow. What you have in hand is still 1/2 kg of tomato. ...
- 111
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