Hi everyone

I have known about Bitcoin for many years, but did not have the money to invest until now. I know many think it is a bad time and the bubble will burst, and from what I know there is no way of telling what will happen next, so it is just a risk to be taken.

It seems that as there is a dip right now that its not a bad time to invest. I am from the UK but currently living in Thailand for the next few months. Can anyone reccomend the best/safest place to buy Bitcoin if I'm from the UK. Is it possible when I am here in Thailand?  My cousin said he used an offline wallet called Electrum, but said I could just leave the Bitcoin in the accoun of the place I bought it from. What is the best thing to do, what site would you use?

I was thinking of buying £1000 worth, and just leaving it in and seeing what happens over the next few years. I do not plan to constantly buy and sell, or to build up a portfolio of other cryptocurrencies.

Does £1000 seem like a reasonable investment at this point in the game? Obviously if Id invested that at the start of the year Id be very happy now, but I guess the likelihood of similar returns in the next year are unlikely, but who knows!! 

Also, are there other crypto currencies you think might be a better investment, or better to split with Bitcoin?Yes newly begineer in bitcoin has its all whys and hows but seeking and willing to learn from the masters can really helps us from making bitcoin more productive in us.Just learn to exert more to achieve comprehensive goals

Thanks, any advice greatly appreciated

Hi everyone

I have known about Bitcoin for many years, but did not have the money to invest until now. I know many think it is a bad time and the bubble will burst, and from what I know there is no way of telling what will happen next, so it is just a risk to be taken.

So can anyone recommend a good place to buy for people from the UK. And what is the best wallet to use for investments of £1000 or around that much?

Ive been reading for hours and theres so much conflicting info!

Hi everyone

I have known about Bitcoin for many years, but did not have the money to invest until now. I know many think it is a bad time and the bubble will burst, and from what I know there is no way of telling what will happen next, so it is just a risk to be taken.

It seems that as there is a dip right now that its not a bad time to invest. I am from the UK but currently living in Thailand for the next few months. Can anyone reccomend the best/safest place to buy Bitcoin if I'm from the UK. Is it possible when I am here in Thailand?  My cousin said he used an offline wallet called Electrum, but said I could just leave the Bitcoin in the accoun of the place I bought it from. What is the best thing to do, what site would you use?

I was thinking of buying £1000 worth, and just leaving it in and seeing what happens over the next few years. I do not plan to constantly buy and sell, or to build up a portfolio of other cryptocurrencies.

Does £1000 seem like a reasonable investment at this point in the game? Obviously if Id invested that at the start of the year Id be very happy now, but I guess the likelihood of similar returns in the next year are unlikely, but who knows!! 

Also, are there other crypto currencies you think might be a better investment, or better to split with Bitcoin?

Thanks, any advice greatly appreciated

Thanks, i am prepared to take a risk. But it seems the risk with bitcoin is less than with Altcoins, although also less chance of huge returns or losses. I would rather play it slightly safer with bitcoins to start with. Can someone recommenced the best place to buy bitcoins in the UK? Also, do I need a wallet to keep them in?

Thanks pinkflower, I posted at the same time as your post

I will be leaving Thailand in a couple of months, and really want to approach it as if I was in the UK. I have a UK bank where the money will come from. What is the quickest way to actually buy, without having to wit days or weeks for verification, and for exchange?  Coinbase seems to be popular but the fee is high if I spend £1000

Yes a friend recommended Electrum, but I read elsewhere that for amounts above £500 that paying for something more secure is a good idea. What do you think?

Thanks, i am prepared to take a risk. But it seems the risk with bitcoin is less than with Altcoins, although also less chance of huge returns or losses. I would rathr play it slightly safer with bitcoins to start with.

Can someone reccomend the best place to buy bitcoins in the UK? Also, do I need a wallet to keep them in?