New Bitcoin holder, any advices?
I am starting my adventure in Bitcoin as a long term holder, my plan is to invest between 200$-400$ each month, and hold out until 4-5 years, and start reaping the benefits. (Dollar Cost Averaging FTW) I bought myself a Ledger Nano X and already bought ~500$ of bitcoin, but my grip is that my first purchase of 400$, i went with Binance's P2P and bought a local option and only obtained $320 worth of bitcoin. Now I purchased directly on Binance FIAT purchasing system with GPay, but I only got $191 worth of bitcoin when i bought 200$, plus what I am going to pay in gas fees for transferring that to my hard wallet, It might become $185 worth. My questions are, what are your advices to get the full Bitcoin value that I am paying for? Should I be using other platforms? What are some things to look out for? I dont want to lose other 80$ due to bad buying practices. submitted by /u/FreshafMLGskrub [link] [comments]
I am starting my adventure in Bitcoin as a long term holder, my plan is to invest between 200$-400$ each month, and hold out until 4-5 years, and start reaping the benefits. (Dollar Cost Averaging FTW)
I bought myself a Ledger Nano X and already bought ~500$ of bitcoin, but my grip is that my first purchase of 400$, i went with Binance's P2P and bought a local option and only obtained $320 worth of bitcoin. Now I purchased directly on Binance FIAT purchasing system with GPay, but I only got $191 worth of bitcoin when i bought 200$, plus what I am going to pay in gas fees for transferring that to my hard wallet, It might become $185 worth.
My questions are, what are your advices to get the full Bitcoin value that I am paying for? Should I be using other platforms? What are some things to look out for? I dont want to lose other 80$ due to bad buying practices.
[link] [comments]
