#StrategyBTCPurchase #Write2Earn #btcp $BTC $WCT
Creating a solid strategy for purchasing Bitcoin Private (BTCP) involves a few key steps, even though BTCP is no longer actively traded on major exchanges and has very low liquidity. However, if you're interested in buying BTCP as a speculative asset or for portfolio diversity, here's a tailored strategy:
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🔎 1. Research First
Understand BTCP: It’s a fork of Bitcoin + ZClassic (ZCL) launched in 2018, focusing on privacy.
Check Activity: Visit CoinMarketCap or CoinGecko to see:
Price trends
Volume
Available exchanges (likely very few)
🧩 2. Choose a Platform
BTCP is not listed on major exchanges like Binance or Coinbase. You’ll likely find it on smaller or decentralized exchanges (if still available), such as:
TradeOgre (if listed)
AtomicDEX or PolarityDEX (past listings)
⚠️ These platforms may require:
KYC
Manual wallet setup
Risk tolerance for low-liquidity tokens
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💰 3. Budget Wisely
Because BTCP is low volume and high risk:
Use small allocations (e.g., <1% of your total portfolio)
Be prepared for high slippage and order delays
Use limit orders, not market orders, if available
🔐 4. Store Securely
After purchase:
Transfer BTCP to a private wallet, not exchange
Use a BTCP-compatible wallet like the official Bitcoin Private Electrum or a multi-coin wallet supporting BTCP
Never store on an exchange long-term.
🧠 5. Set Goals
Are you holding long-term, speculating, or using it for privacy?
Set price targets and exit points
Monitor news about privacy coins — they face regulatory pressure
⚠️ 6. Risks to Note
Very low liquidity: You may not be able to sell easily
Delisting risk: Most exchanges have already removed it
No active development: Check GitHub or community for updates
Privacy coins may face regulatory bans